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Category: Artificial Intelligence

  • MIL-OSI: Rapid7 Recognizes Top Global Partners With 2025 Partner Of The Year Awards

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, March 31, 2025 (GLOBE NEWSWIRE) — Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced the winners of its 2025 Partner of the Year Awards. Now in its 5th year, the annual awards program recognizes both private and public sector partners for exceptional collaboration as well as their positive influence on customers’ security postures.

    Rapid7 recently announced significant updates to its global PACT partner program, uniting and energizing partners with tailored engagement programs and specializations, an all-new Partner Training Academy, and a modernized and expanded partner portal. The new program was rolled out to Rapid7’s full channel community, which includes resellers, distributors, systems integrators, and service providers, in a series of in person and virtual events that took place around the world.

    “The global Rapid7 partner community is essential in furthering our mission to give customers command of their attack surface with the most adaptive, predictive, and responsive cybersecurity platform,” said Alex Page, vice president of global channel and emerging technology sales, Rapid7. “Through the annual Partner of the Year Awards, we acknowledge the various ways our partners excel in specialization, collaboration, and—most importantly—customer outcomes.”

    This year, Rapid7 is recognizing 24 partners across 13 categories in four major geographic regions.

    North America Region Winners:

    • North America Partner of the Year: SHI
    • Canada Partner of the Year: Softchoice
    • Public Sector Partner of the Year: CDW•G
    • Best Customer Retention Partner of the Year: GuidePoint Security
    • Cloud Security Partner of the Year: SHI
    • Detection & Response Partner of the Year: CDW
    • Exposure Management Partner of the Year: SHI
    • MSSP Partner of the Year: Novawatch
    • Distributor of the Year: Carahsoft
    • Emerging Partner of the Year: The Redesign Group

    Latin America Region Winners:

    • Latin America Partner of the Year: Netconn

    EMEA Region Winners:

    APJ Region Winners:

    Partner of the Year Quotes:

    • North America Partner of the Year – Jared Crowley, senior director of partner software and security sales, SHI, said: “It is an honor for SHI to be recognized as the North America Partner of the Year, Cloud Partner of the Year, and VM Partner of the Year. These awards are a reflection of our team’s dedication and expertise in delivering innovative solutions to our customers. We are excited to continue strengthening our partnership with Rapid7 to drive even greater success together in the future.”
    • EMEA Partner of the Year – Will Day, cybersecurity alliances lead at Softcat, said: “I am delighted that the hard work and commitment of the teams has been recognized in this award. It is testament to the strength of partnership between Softcat and Rapid7, refined over the last 10-plus years, yet still fueled by a joint desire to win new customers and provide them with market-leading SecOps solutions. I’m looking forward to seeing what the next 12 months of growth in the partnership will bring.”
    • APJ Partner of the Year – Jordan Del-Grande, CEO and founder, DGplex, said: “We at DGplex are incredibly honored to be recognized as the APJ Partner of the Year by Rapid7. This award is a testament to our team’s dedication and expertise in delivering innovative cybersecurity solutions. We look forward to continuing our partnership with Rapid7 to drive excellence and provide unparalleled value to our clients across the region.”

    To learn more about Rapid7 partnerships and to explore partnership opportunities, visit https://www.rapid7.com/partners/.

    About Rapid7
    Rapid7, Inc. (NASDAQ: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 11,000 global customers unite cloud risk management with threat detection and response to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

    Rapid7 Media Relations
    Stacey Holleran
    Sr. Manager, Global Communications
    press@rapid7.com
    (857) 216-7804

    Rapid7 Investor Contact
    Elizabeth Chwalk
    Vice President, Investor Relations
    investors@rapid7.com
    (617) 865-4277

    The MIL Network –

    April 1, 2025
  • MIL-OSI: iRhythm Unveils New Real-World Data at ACC.25 Demonstrating the Benefits of Zio® Long-Term Continuous Monitoring for Arrhythmia Detection

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 31, 2025 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ:IRTC) today announced results from two large real-world retrospective analyses presented at the American College of Cardiology (ACC) 2025 Scientific Sessions in Chicago, IL. Drawing on data from more than 1.1 million patients who used iRhythm’s Zio® long-term continuous monitoring (LTCM) ECG devices, these studies demonstrate that short-term (24–48-hour) monitoring, such as with Holter devices, fails to detect a significant proportion of actionable arrhythmias—even in patients reporting “daily symptoms”—and that Symptom–Rhythm Correlation (SRC) is notably low for most arrhythmias, underscoring that selection of monitoring duration based on the frequency of symptoms alone can lead to undetected (missed) actionable1 arrhythmias. Together, these findings highlight the benefits of Zio® long-term continuous monitoring (LTCM)2 and the limitations in 24–48-hour Holter monitoring still prevalent in current clinical practices and payer policies.

    Zio LTCM “Daily Symptoms” Study: Gaps in Short-Term Holter Monitoring

    • 64% Undetected in the First 48 Hours: Among daily-symptom patients—those with daily or greater symptom frequency— diagnosed with actionable arrhythmias, nearly two-thirds went undetected through two days monitoring—indicating that 24–48-hour monitoring, such as with Holter, would have failed to detect them.
    • Higher Yield for Non-Daily Symptom Patients: Non-daily symptom patients—those with symptoms occurring with a frequency less than once per day—had an 80.9% arrhythmia yield versus 69.1% in daily-symptom patients, demonstrating that greater symptom frequency does not necessarily reflect increased arrhythmia burden.
    • Mean Time to First Episode Exceeds 48 Hours: Across all arrhythmia types, the mean time to the first detected episode was greater than 48 hours—regardless of symptom frequency—underscoring the limitations of short-term monitoring.

    Zio LTCM “Symptom–Rhythm Correlation (SRC)” Study: Symptoms Alone Are Unreliable

    • Less Than 20% Correlation: In most arrhythmia types, fewer than one in five patients in the analysis documented a symptom coinciding with an arrhythmic episode. Symptom-rhythm correlation was higher for patients reporting daily vs. non-daily symptoms.
    • AF Often Asymptomatic: Even for atrial fibrillation (AF)—the most commonly symptomatic arrhythmia—over half of all cases were asymptomatic.
    • Serious Arrhythmias Frequently Not Correlated with Symptoms: Ventricular tachycardia, AV block, and significant pauses were frequently detected by Zio LTCM without patient-reported symptoms, suggesting that selection of monitor duration should not be based on symptom frequency alone, and that long-term continuous monitoring may offer advantages over other monitoring types with shorter duration or those which rely on patient triggered events to initiate recording.

    “These findings challenge the long-held assumption that frequent symptoms justify short-duration monitoring,” said Mintu Turakhia, MD, iRhythm Chief Medical and Scientific Officer and EVP of Product Innovation. “They reinforce the limitations of Holter-duration monitoring and highlight the value of Zio long-term continuous monitoring up to 14 days. Once again, iRhythm’s real-world data are contributing evidence that can help guide both clinical practice and payer policy.”

    Arrhythmias: A Growing Burden for Patients and Health Systems

    Up to five percent of the general population—around 16 million Americans—experience arrhythmias,3 in which the heart may beat too quickly, too slowly, or sporadically. If left untreated, certain arrhythmias can damage the heart, brain, or other organs4 and increase the risk of stroke or death.5,6,7   Beyond these clinical concerns, the financial toll of undiagnosed arrhythmias is substantial. It’s estimated that undiagnosed atrial fibrillation alone costs the U.S. $3 billion per year,8 while heart failure costs could reach $70 billion by 2030.9 Taken together, these figures illustrate both the clinical urgency and health-economic rationale for long-term continuous monitoring.

    Implications for Clinical Care and Payer Policy

    While 24–48-hour Holter monitoring is widely used in current clinical practice and historically supported by payer policies—especially for patients reporting daily symptoms—these new findings indicate that 64% of daily-symptom patients with actionable arrhythmias remain undetected following the first 48 hours of monitoring, which could lead to missed diagnoses and delayed care. In contrast, Zio LTCM provides uninterrupted, continuous monitoring for up to 14 days, enabling more accurate and timely detection of actionable arrhythmias. The Cardiac Ambulatory Monitor EvaLuation of Outcomes and Time to Events (CAMELOT) study, published in the American Heart Journal, further demonstrated that Zio LTCM service had the highest yield of specified arrhythmia diagnosis and the lowest likelihood of repeat testing compared to all other monitoring services.10,11,12,13 As healthcare systems increasingly adopt value-based care models, extending monitoring beyond 48 hours can improve patient outcomes, reduce missed diagnoses, and help contain healthcare resource utilization.

    New Data Add to iRhythm’s Clinical Evidence Base for LTCM

    These new data build on iRhythm’s comprehensive clinical evidence program, encompassing more than 125 original research manuscripts,14 insights derived from over 2 billion hours of curated heartbeat data15 and more than 10 million patient reports posted since the company’s inception—underscoring the company’s ongoing commitment to expanding evidence that supports improved patient outcomes.

    About the iRhythm Studies Presented at ACC.25

    “Arrhythmias in Patients with Daily vs. Non-Daily Symptoms Undergoing Long-Term Continuous Patch ECG Monitoring”

    Holter monitoring of 24-48 hours remains in common use for patients with frequent or daily symptoms based on clinician or payer preferences. This retrospective cohort study sought to determine the percentage of arrhythmias detected by LTCM before and after 48 hours of monitoring in patients with daily (≥ 1/day) and non-daily (<1/day) symptoms. Researchers compared yield in patients ≥18 years prescribed a Zio® monitor or Zio® XT LTCM worn for >7 to 14 days from June 2023 to July 2024. These devices include a patient-activated button to document symptomatic episodes. Symptom frequency was measured as button presses/day and stratified by daily (≥1/day) or non-daily (<1/day). ECG data was analyzed via a deep-learned AI algorithm and confirmed by cardiographic technicians. Nearly two thirds (64%) of daily-symptom patients with actionable arrhythmias were undetected in the first 48 hours and the man time to first detected arrhythmia was >48 hours for all arrhythmia types, regardless of symptom frequency, suggesting that Holter (<48 hour) may be inadequate even for these patients.

    “Symptom-Rhythm Correlation Patterns in Patients Undergoing Ambulatory ECG Monitoring: Analysis of Over 1 Million Patients”

    Symptoms are the most common indication for ambulatory cardiac monitoring, yet Symptom–Rhythm Correlation (SRC) has not been well described across various arrhythmias. Researchers assessed SRC in patients ≥18 years who wore a Zio® monitor or Zio® XT LTCM for >7 to 14 days between June 2023 and July 2024. These devices include a patient-activated button to mark symptomatic episodes, and episodes within ±45 seconds of a recorded arrhythmia were considered rhythm-correlated. ECG data was analyzed via a deep-learned AI algorithm and confirmed by cardiographic technicians. Atrial fibrillation (AF) and ectopic beats were the rhythms most-correlated with patient symptoms. Overall symptom-rhythm correlation was low (i.e., <20% for most rhythms), but higher for patients with Daily Symptoms than Non-Daily Symptoms.

    About iRhythm Technologies
    iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all. To learn more, please visit https://www.irhythmtech.com/.

    Media Contact
    Kassandra Perry
    irhythm@highwirepr.com

    Investor Contact
    Stephanie Zhadkevich
    investors@irhythmtech.com

    1 Actionable Arrhythmias defined as Atrial Fibrillation ≥30 sec, Supraventricular Tachycardia ≥90 bpm & ≥30s, Ventricular Tachycardia ≥100 bpm & ≥4 beats, any Ventricular Fibrillation, Pause ≥3 sec, and/or Atrioventricular Block (any 2nd Degree or Complete Heart Block).
    2 The Zio monitor is a prescription-only, single-use ECG monitor that continuously records data for up to 14 days. It is indicated for use on patients who may be asymptomatic or who may suffer from transient symptoms such as palpitations, shortness of breath, dizziness, lightheadedness, pre-syncope, syncope, fatigue, or anxiety.                                
    3 Desai et al. Arrhythmias. In: StatPearls. Treasure Island (FL): StatPearls Publishing; June 5, 2023. https://pubmed.ncbi.nlm.nih.gov/32644349/
    4 National Heart, Lung, and Blood Institute. Arrhythmias – What Is an Arrhythmia? www.nhlbi.nih.gov. Published March 24, 2022. Accessed April 25, 2024. https://www.nhlbi.nih.gov/health/arrhythmias
    5 Ataklte et al. Meta-analysis of ventricular premature complexes and their relation to cardiac mortality in general populations. The American Journal of Cardiology. 2013;112(8):1263-1270. doi:10.1016/j.amjcard.2013.05.065
    6 Lin et al. Long-term outcome of non-sustained ventricular tachycardia in structurally normal hearts. PLOS ONE. 2016;11(8). doi:10.1371/journal.pone.0160181
    7 Wolf et al. Atrial fibrillation as an independent risk factor for stroke: The Framingham Study. Stroke. 1991;22(8):983-988. doi:10.1161/01.str.22.8.983
    8 Turakhia et al. Economic Burden of Undiagnosed Nonvalvular Atrial Fibrillation in the United States. The American Journal of Cardiology. 2015;116(5):733-739. doi:https://doi.org/10.1016/j.amjcard.2015.05.045
    9 Heidenreich et al. Forecasting the Impact of Heart Failure in the United States: A Policy Statement From the American Heart Association. Circulation: Heart Failure. 2013;6(3):606-619. doi:https://doi.org/10.1161/hhf.0b013e318291329a
    10 Reynolds et al. Comparative effectiveness and healthcare utilization for ambulatory cardiac monitoring strategies in Medicare beneficiaries. Am Heart J. 2024;269:25–34. https://doi.org/10.1016/j.ahj.2023.12.002
    11 A specified arrhythmia refers to an arrhythmia encounter diagnosis as per Hierarchical Condition Categories (HCC) 96.

    12 Based on previous generation Zio XT device data. Zio monitor utilizes the same operating principles and ECG algorithm. Additional data on file.
    13 Zio LTCM service refers to Zio XT and Zio monitor service.
    14 Data on file. iRhythm Technologies, 2025.
    15 Data on file. iRhythm Technologies, 2024.

    The MIL Network –

    April 1, 2025
  • MIL-OSI: Atsign Advances Private Website Security with the Power of Invisibility

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., March 31, 2025 (GLOBE NEWSWIRE) — Atsign today announced that NoPorts™ fundamentally changes how private websites are secured. Unlike current systems where the web entry point is visible to anyone on the internet, NoPorts makes the entire website invisible until a person is cryptographically authenticated. This eliminates a significant attack vector, ensuring only authorized individuals can access the site.

    Private websites, containing sensitive data for organizations like legal offices, healthcare providers, and financial institutions, typically have open ports and allow connections prior to authentication. This makes it possible for bad actors to find them by scanning for open ports and then attempt to break into them through a variety of means including credential stuffing, brute-force attacks, and social engineering methods used to bypass multi-factor authentication.

    “Current ‘private’ websites are fundamentally flawed. They are easily discovered by bad actors thanks to open ports and allow connections prior to authentication, enabling a variety of attacks. NoPorts flips that model, by closing all inbound network ports and demanding cryptographic proof of identity before any connection, ensuring true invisibility and security,” said Barbara Tallent, CEO of Atsign.

    NoPorts enhances security through:

    • Invisibility – By closing open ports, NoPorts prevents unauthorized discovery and access.
    • Cryptographic Identity Verification – NoPorts replaces traditional authentication methods by requiring cryptographic authentication prior to connection, eliminating a variety of cyber attacks including the risks associated with passwords and MFA.
    • End-to-End Encryption – All traffic is encrypted, ensuring data remains protected even if a network is compromised.

    This approach strengthens security without adding complexity for authorized individuals. NoPorts simplifies security management and reduces IT overhead while providing robust protection against cyber threats.

    This announcement builds upon Atsign’s ongoing development of NoPorts technology, which has already been applied to OpenWrt devices, APIs, AI models, and cloud infrastructure, demonstrating the technology’s broad applicability.

    About NoPorts

    NoPorts eliminates network & security vulnerabilities by securing connections between people, entities, and things making them invisible to would-be attackers by eliminating attack network surfaces. Built on Atsign’s atPlatform, NoPorts provides a zero trust architecture, end-to-end encryption, and no reliance on cumbersome security layers, enabling seamless and secure communication across virtually any environment. Organizations gain scalability, operational efficiency, and stronger security—all while reducing costs and complexity. For more information, visit NoPorts.com.

    About Atsign

    At Atsign, we believe that people, entities, and things—including AI—should connect securely and directly, while always being invisible to bad actors. By eliminating the need for open ports and centralized servers, the atPlatform empowers developers and organizations to build applications with “invisible” security built in, placing data and device control back into the hands of their owners. Atsign is the creator of the atPlatform, the most robust infrastructure available for “invisible networking” and secure, private, peer-to-peer connectivity. Learn more at Atsign.com.

    Scott Hetherington
    Atsign
    Scott@Atsign.com
    844-827-0985

    The MIL Network –

    April 1, 2025
  • MIL-OSI Global: Doctor shortages have hobbled health care for decades − and the trend could be worsening

    Source: The Conversation – USA – By Rochelle Walensky, Bayer Fellow in Health and Biotech, American Academy in Berlin, Senior Fellow in the Women and Public Policy Program, Harvard Kennedy School

    Specialists across numerous fields of medicine are in short supply. sudok1/iStock via Getty Images

    Americans are increasingly waiting weeks or even months to get an appointment to see a health care specialist.

    This delay comes at a time when the population of aging adults is rising dramatically. By 2050, the number of adults over 85 is expected to triple, which will intensify the strain on an already stretched health care system. We wrote about this worsening challenge and its implications for the health care workforce in a January 2025 report in the New England Journal of Medicine.

    We are health care scholars who are acutely aware of the severe shortfall of specialists in America’s health care system. One of us, Rochelle Walensky, witnessed the consequences of this shortage firsthand as the director of the Centers for Disease Control and Prevention from January 2020 to June 2023, during the critical early years of the pandemic.

    The COVID-19 pandemic brought the physician and overall health care workforce shortage to the forefront. Amid the excess daily deaths in the U.S. from COVID-19, many people died of potentially preventable deaths due to delayed care for heart attacks, deferred cancer screenings and overwhelmed emergency departments and intensive care units.

    Even before the pandemic, 80% of U.S. counties lacked a single infectious disease physician. Before going to the CDC, I – Dr. Walensky – was chief of the Division of Infectious Diseases at Massachusetts General Hospital. When COVID-19 hit our hospitals, we were in desperate need of more infectious disease expertise. I was just one of them.

    At the local level, these infectious disease-trained subspecialists provide essential services when it comes to preventing and controlling transmissible outbreaks, carrying out diagnostic testing, developing treatment guidelines, informing hospital capacity planning and offering resources for community outreach. Each of these experts plays a vital role at the bedside and in systems management toward effective clinical, hospital and community responses to infectious disease outbreaks.

    Uneven health care outcomes and access

    For decades, experts have warned of an impending decline in the physician workforce.

    Now, Americans across all regions, specialties and socioeconomic backgrounds are experiencing that decline firsthand or personally.

    The National Center for Health Workforce Analysis projects a national shortage of 140,000 physicians by 2036, with that shortfall spanning multiple specialties, including primary care, obstetrics, cardiology and geriatrics.

    However, some geographic areas in the country – especially some of those with the poorest health – are disproportionately affected. The brunt of the effect will be felt in rural areas: An estimated 56% shortage is predicted in nonmetro areas, versus only 6% in metro areas.

    States such as Massachusetts, New York and Maryland boast the highest density of physicians per 100,000 people, while states such as Idaho, Mississippi and Oklahoma rank among those with the lowest. And even in states with the highest physician density, demand may still overwhelm access.

    Although doctor shortages do not necessarily cause poor health outcomes, regions with fewer physicians tend to have lower life expectancy. The mean life expectancy in Mississippi is six years lower than that of Hawaii and more than four years below the national average. This underscores the substantial differences in health outcomes depending on where you live in the U.S.

    Notably, areas with fewer doctors also see higher rates of chronic conditions such as chronic pulmonary disease, diabetes and poor mental health. This crisis is further exacerbated by the aging baby boomer population, which places increasing demand on an already strained health care system due to rising rates – especially among those over 85 – of multiple chronic diseases, complex health care needs and the concurrent use of multiple medications.

    Rural areas have always had lower access to medical care compared with urban centers, and this divide could get far worse with the looming physician shortage.
    Chalabala/iStock via Getty Images Plus

    How the US reached this point

    Some of these workforce challenges stem from the unintended consequences of policy changes that were originally aimed at improving the rigor of medical education or curtailing a once-anticipated physician glut.

    For example, the 1910 Flexner Report was commissioned to restructure American medical education with the goals of standardizing curricula and improving quality. While the report succeeded at those goals, it was shortsighted in important ways. For instance, it recommended closing rather than strengthening 89 of the 155 existing medical schools at the time. This created medical school deserts that persist in some U.S. regions to this day.

    Additionally, the report further divided the study of medicine, focused on disease, from the study of public health, which is focused on health care systems, populations and society. This separation has led to siloed communication and data systems that continue to hinder coordinated responses to public health crises.

    Decades after the Flexner Report, in 1980, policymakers anticipated a physician oversupply based on medical school enrollment projections and government investments in the medical workforce. In response, funding constraints were introduced by Congress to limit residency and fellowship training slots available after medical school.

    But by the early 2000s, discussions shifted to concerns about physician shortages. Despite the calls for reforms to address the issues more than a decade ago, the funding and training constraints have remained largely unchanged. These have created a persistent bottleneck in postgraduate medical training that requires acts of Congress to reverse.

    Primary care doctors provide continuity for patients; without them, people tend to experience more complex health care needs and poorer outcomes.

    Forces shaping the physician bottleneck

    In the wake of the Dobbs vs. Jackson Women’s Health Organization decision, states with restrictive abortion policies are now facing an emerging and troubling workforce challenge: It may get more difficult to recruit and retain tomorrow’s medical school grads.

    Research surveys suggest that 82% of future physicians, not just obstetricians, prefer to train and work in states that uphold abortion access. While it may seem obvious that obstetricians would want to avoid the increasing liabilities associated with the Dobbs decision, another point is less obvious: Most medical trainees are between the ages of 25 and 35, prime childbearing years, and may themselves want access to a full range of obstetric care.

    And given that 20% of physicians are married to other physicians and an additional 25% to other health professionals, marriage within the health care workforce may also play a substantial role. A physician choosing not to practice in one of the 14 states with limited abortion access, many of which already rank among the poorest in health outcomes and lowest in physician densities, may not only take their expertise but also their partner’s elsewhere.

    Shifting the trajectory

    The doctor shortage requires a combination of solutions, starting with addressing the high cost of medical education and training. Medical school enrollment has increased by only 10% over the past decade, far insufficient to address both the shortage today and the projected growth of the aging population needing care.

    In addition, many students carry large amounts of debt, which frequently limits who can pursue the profession. And existing scholarship and compensation programs have been only modestly effective in incentivizing providers to work in high-need areas.

    In our New England Journal of Medicine report, we laid out several specific strategies that could help address the shortages and the potential workforce crisis. For instance:

    Rather than the traditional medical education model – four years of broad medical training followed by three to seven years of residency – medical schools could offer more specialized training pathways. These streamlined programs would focus on the skills needed for specific medical specialties, potentially reducing training duration and costs.

    Reforming physician compensation could also help address imbalances in the health care system. Specialists and subspecialists typically earn substantially more than primary care doctors, despite the high demand for primary care. Raising primary care salaries and offering incentives, such as student loan forgiveness for physicians in high-need areas, could encourage more doctors to practice where they are needed most.

    Additionally, addressing physician burnout is crucial, particularly in primary care, where administrative burdens such as billing and charting contribute to stress and attrition. Reducing these burdens, potentially through novel AI-driven solutions, could allow doctors to focus more on patient care and less on paperwork.

    These are just an assortment of strategies we propose, and time is of the essence. One thing is certain: The U.S. urgently needs more doctors, and everyone’s health depends on it.

    Dr Rochelle P. Walensky is the Bayer Fellow in Health and Biotech, American Academy in Berlin. She reported receiving personal fees from Madryn Asset Management for serving as a senior policy advisor, Consonance Capital for serving as a senior advisory board member, and Doris Duke Foundation for serving as a trustee; consulting fees from Infectious Diseases Society of America; and nonfinancial support from The Carter Center for being a member of the board of directors outside the submitted work.

    Nicole McCann does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Doctor shortages have hobbled health care for decades − and the trend could be worsening – https://theconversation.com/doctor-shortages-have-hobbled-health-care-for-decades-and-the-trend-could-be-worsening-251222

    MIL OSI – Global Reports –

    April 1, 2025
  • MIL-OSI USA: Crystal Visions

    Source: US State of Connecticut

    In 2022, a multi-institutional team of American scientists traveled to Tokyo to take a spin on a high-powered X-ray laser. 

    Led by UConn chemistry assistant professor J. Nathan “Nate” Hohman, they hoped to use the machine’s unique capabilities to study new materials whose molecular structure had never been understood before. The team had been awarded 60 hours of highly coveted “beam time” on the SPring-8 Angstrom Compact free-electron LAser X-FEL laser (referred to as SACLA). 

    “They were going to let us squirt through the nozzle anything we wanted,” Hohman says, “as long as we told them the name of the chemical first.”

    The research team included five scientists working in chemical synthesis, X-ray crystallography, and AI-powered data interpretation – all prepared for the scientific equivalent of an ultramarathon. Once the machine powered on, they needed to work continuously until the 60 hours had elapsed.  

    “If we ran out of stuff to shoot, we were going to be wasting those precious photons,” Hohman explains. So, the team brought as many samples of new materials as they could.  

    David Moreau and a SACLA scientist working with the machine. (Courtesy of Phil MacDonald)

    Working in round-the-clock shifts, they carefully prepared their samples and loaded them into the machine. SACLA shot jets of their crystalline molecular samples into a chamber where they were struck by an intense beam of X-ray light.  

    Like prisms throwing rainbows, these crystal samples diffracted the light, each into its own signature pattern. By analyzing the light pattern, the scientists could determine the precise molecular makeup of the crystals they were studying. 

    By the end of their three-day journey with SACLA, the researchers had solved the structures of four materials – and have gone on to solve more than 50 in eight more experiments around the world over the last two years.  

    This scientific breakthrough is chronicled in the new short documentary “BEAMTIME: Crystal Hitters,” co-directed by Jonathan Turton and Phil MacDonald. 

    [embedded content]

    Small Scale, Huge Payoff

    High-profile projects like this are nothing new to Hohman, whose research has been sponsored by the US Department of Energy for its potential to unlock new, better sources of energy.  

    Hohman doesn’t work on the quantum technology side of things – using new materials to assemble devices like quantum computers and lasers – but the semiconductors he studies are integral to this process. 

    “Every new technology has a new material at its core,” he says. 

    Hohman’s specialty is self-assembly. His work revolves around understanding the geometry of molecules, planning how they crystallize, and using that to influence their properties. The materials he’s interested in tend to form crystals at the microscopic level, thousands of times smaller than grains of sand. 

    Understanding the structure of these crystals – what’s known as “solving” the crystal structure – is the key to understanding how these materials can be used in technological applications spanning energy production, quantum computing, and beyond.  

    A famous example of crystallography is Rosalind Franklin’s discovery of the double-helix structure of DNA. Since no microscope was powerful enough to allow her to literally see the double-helix, Franklin relied on X-ray crystallography to mathematically solve the structure. 

    For this project, Hohman deployed a unique approach called small-molecule serial femtosecond crystallography, or smSFX. 

    “Our collaboration led the first-ever use of serial crystallography to fully solve true unknown crystal structures of small-molecule systems,” Hohman says. “This solved a huge problem in our field – before, if you were making materials that formed small crystals, then you couldn’t easily solve the crystal structure.” 

    Before using this technique, Hohman jokes, “life with my tiny crystals was mostly just despair.” 

    The materials he was interested in studying – known as MOChas, or metal–organic chacogenolates – would form crystals that were simply too small to solve using conventional methods. They possessed interesting properties, like luminescence, that seemed potentially useful in applications like solar cells or LEDs; but without understanding their molecular structure, scientists couldn’t figure out how to harness these properties. 

    “You can control all the photonic, electronic, and quantum properties of systems synthetically in the laboratory by editing a molecule or changing the design of that molecule,” Hohman says. “But if you don’t know what the structure of something is, then all you have is a little pile of stuff that sort of glows when you shine a UV light on it.” 

    The team’s “big breakthrough” was using smSFX to solve the structures of very small molecules. They are hopeful that this will pave the way for developing new materials for green energy and climate change mitigation technologies. Some of the materials they solved show potential for applications like solar power and carbon sequestration.  

    More broadly, the smSFX technique could be used in future trials to analyze all manner of new materials, from quantum semiconductors to cancer treatments. 

    Hohman is now turning his focus to publishing the library of materials solved on this trip.  

    “The materials are really quite cutting-edge; it’s hard to say exactly what they will be used for,” Hohman says. “The scientific community, collectively, is just starting to discover this stuff.” But he notes that the materials his group has solved may offer “a lot of material advantages” for quantum information science. 

    The Tokyo Shift

    Clockwise from center: Vanessa Oklejas, Nate Hohman, Aaron Brewster, Maggie Willson, and Masha Aleksich share a meal in Tokyo. (Courtesy of Phil MacDonald)

    Hohman was joined on the 2022 trip to SACLA by colleagues from various institutions, including Aaron Brewster, Daniel Paley, and David Mittan-Moreau of the Lawrence Berkeley National Laboratory; Elyse Schriber, a then-graduate student researcher in Hohman’s lab who is now a project scientist at the SLAC National Accelerator Laboratory; and Vanessa Oklejas, who has moved to a new role at Lockheed Martin. 

    Three current members of Hohman’s lab were also on the team: Maggie Willson, Patience Kotei, and Masha Aleksich, now third- and fourth-year doctoral students. 

    For Willson, who received her bachelor’s degree at the University of Central Oklahoma, it was her first time traveling out of the country. 

    “That whole trip was very surreal for me,” she says. “I had graduated the May before that trip, so I hadn’t even started grad school yet.” 

    As Hohman tells it, one of the first things he asked Willson to do after accepting her into his lab was “hop on a plane to Japan.” Thankfully, she rose to the occasion – and gained experience that proved pivotal in her career path. 

    “After this trip, I have done seven more of these experiments (in CA, the UK, and another in Japan) and have dedicated the majority of my work here in grad school to these types of crystallography experiments,” Willson says. “Before graduate school, I was planning on becoming a professor at a primarily undergraduate institution in order to focus on teaching, but I am now working towards a career at a synchrotron or an X-ray free electron laser in order to do these types of experiments for other research groups.” 

    For Kotei, who received her bachelor’s and master’s degrees at the Kwame Nkruma University of Science and Technology in Ghana, the trip was similarly propulsive. 

    “My graduate research primarily focuses on serial crystallography, and my visit to SACLA broadened my perspective on ultrafast dynamics and advanced structural characterization techniques,” says Kotei. “Experiencing world-class research infrastructure firsthand reinforced my motivation to pursue high-impact research. Currently, I am in discussions with leading scientists and experts at SACLA regarding potential research opportunities after completing my degree.” 

    Aleksich, a fourth-year chemistry PhD candidate specifically focusing on MOChas, credits the trip to Tokyo with shifting her goals and her understanding of herself as a scientist. 

    “Having the opportunity to conduct research at this level as a second-year graduate student really grew my confidence and took off any limitations I have had about the caliber of research I would be able to work on in my lifetime,” she says. “Growing up, of course I looked up to the greats like Marie Curie and Rosalind Franklin, but I figured that I was not qualified to truly advance the scientific field. But this experience showed me that if an idea is there, and it’s able to be well communicated, then people are interested in funding it. And for every one great scientist we remember, there were hundreds who helped along the way.” 

    “BEAMTIME: Crystal Hitters” is available to stream on YouTube.

    MIL OSI USA News –

    April 1, 2025
  • MIL-OSI: Intetics Ranks Among America’s Most Innovative Companies for 2025 – A True Tech Leader

    Source: GlobeNewswire (MIL-OSI)

    Intetics, a leading global technology company, has once again been recognized by Fortune as one of America’s Most Innovative Companies in 2025.

    NAPLES, Fla., March 31, 2025 (GLOBE NEWSWIRE) — America’s Most Innovative Companies honors 300 companies headquartered in the United States that are reshaping industries from the inside out. The list is determined based on independent scores in three key categories — product innovation, process innovation, and innovation culture — all of which are at the heart of the services we provide to our clients.

    To create this esteemed list, Fortune collaborated with market research firm Statista, which evaluated over 10,000 companies across the U.S. The evaluation included input from more than 40,000 survey participants and a panel of 2,500 industry experts. The top 300 companies with the highest overall scores were recognized, and we are proud to be among them.

    “Intetics has once again been recognized as one of Fortune’s Most Innovative Companies in America! My head is spinning from such an honor. This recognition reaffirms our commitment to creating groundbreaking solutions and driving meaningful impact. A huge thank you to our incredible team, partners, and clients who make an innovative part of our DNA every day. We’re proud to be on this list and will keep pushing forward.”
    Boris Kontsevoi, CEO & President of Intetics

    Intetics entered the Top 43 global leaders in the Technology category, standing alongside significant industry players such as Apple, Microsoft, Nvidia, Oracle, Cisco Systems, Intel, eBay, and others. This remarkable achievement underscores our role as a leader in technological innovation.

    For more than 30 years, innovation has been the cornerstone of Intetics, fueling our position as an AI-driven tech leader. From pioneering a revolutionary team formation model to introducing our AI-powered Enterprise Knowledge Assistant, we’ve consistently pushed the limits of technology.

    With a deep focus on understanding our clients’ unique challenges, we provide cutting-edge, cost-effective IT solutions that leverage AI, Machine Learning (ML),  AR/VR, Blockchain, geospatial technologies, and other tech competencies. Whether creating sophisticated enterprise software or building intuitive mobile applications, we collaborate closely with clients to deliver tailored solutions that meet both engineering and business objectives.

    Discover more about how you can help your business thrive by leveraging innovative tech and efficient dedicated development teams.

    About Fortune

    Fortune is a global media organization dedicated to helping its readers, viewers, and attendees succeed big in business through unrivaled access and best-in-class storytelling.

    About Statista

    Statista is an online platform specialized in market and consumer data, which offers statistics and reports, market insights, consumer insights and company insights in German, English, Spanish and French.

    About Intetics Inc.

    Intetics Inc. is a leading American technology company providing custom software application development, distributed professional teams creation, software product quality assessment, and “all-things-digital” solutions built with SMAC, RPA, AI/ML, IoT, blockchain, and GIS/UAV/LBS technologies. 

    Based on proprietary pioneering business models of Offshore Dedicated Team® and Remote In-Sourcing®, an advanced Technical Debt Reduction Platform (TETRA™) and measurable SLAs for software engineering, Intetics helps innovative organizations capitalize on global talent with our in-depth engineering expertise based on our Predictive Software Engineering framework.  

    At Intetics, our outcomes do not just meet clients’ expectations, they have been exceeding them for a quarter of a century. Intetics is ISO 9001 (quality) and ISO 27001 (security) certified and a Microsoft Gold, Amazon, and UiPath Silver partner.  The company’s innovation and growth achievements are reflected in winning prestigious titles and awards, including Inc5000, Software 500, CRN 100, American Business, Deloitte Fast 50, European IT Excellence, Best European BPO, Stevie People’s Choice, Clutch and ACQ5 Awards, IAOP Global Outsourcing 100 and Fortune Innovative 300 lists. You can find more information at https://intetics.com.

    The MIL Network –

    April 1, 2025
  • MIL-OSI: Diginex Limited and Forvis Mazars Announce Strategic Alliance to Enhance Supply Chain Risk Assessment with diginexLUMEN

    Source: GlobeNewswire (MIL-OSI)

    LONDON, March 31, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex Limited” or the “Company”) (NASDAQ: DGNX), a leading impact technology company focused on solving pressing environmental, social, and governance (ESG) challenges, today announced a strategic alliance with Forvis Mazars (“Forvis Mazars”), a leading global professional services firm, to bring its innovative supply chain due diligence platform, diginexLUMEN, to Forvis Mazars’ extensive client base. This collaboration aims to empower businesses to assess and manage supply chain risks related to climate and social issues, enhancing transparency and resilience in an increasingly complex global landscape.

    The alliance combines Diginex’s cutting-edge technology with Forvis Mazars’ deep expertise in ESG advisory, climate risk management, and business strategy, offering clients a powerful tool to navigate the evolving demands of sustainability and regulatory compliance. diginexLUMEN, a scalable and affordable Software-as-a-Service (SaaS) solution, provides unparalleled insight into supply chain risks by leveraging robust governance processes, multilingual worker voice surveys, and algorithm-based risk scoring. This enables companies to identify, prioritize, and address issues such as forced labor, climate impacts, and other social vulnerabilities across their global operations.

    “We are excited to work with Forvis Mazars to introduce diginexLUMEN to their clients, helping businesses of all sizes tackle the critical challenges within their supply chains,” said Mark Blick, CEO of Diginex. “This alliance underscores our mission to help enable easy access to advanced ESG tools, enabling organizations to drive meaningful change while meeting stakeholder expectations and regulatory requirements.”

    Forvis Mazars, known for its tailored solutions in ESG and climate risk management, sees this alliance as a key step in supporting clients to build sustainable and resilient business models. “Our clients are increasingly focused on understanding and mitigating supply chain risks tied to climate change and social issues,” said William Hughes, Sustainability Director at Forvis Mazars. “By integrating diginexLUMEN into our service offerings, we can provide actionable insights and innovative technology to help them achieve their sustainability goals and thrive in a rapidly changing world.”

    This strategic relationship comes at a pivotal time as global supply chains face heightened scrutiny from regulators, investors, and consumers demanding greater accountability on climate and social impacts. diginexLUMEN’s proven track record—developed in collaboration with industry leaders like The Coca-Cola Company, Unilever and Reckitt—positions it as a transformative tool for companies seeking to move beyond traditional audit models toward continuous, data-driven risk management.

    Through this alliance, Forvis Mazars clients will gain access to diginexLUMEN’s comprehensive features, including supplier performance monitoring, ESG reporting capabilities, and actionable improvement tracking, all designed to foster transparency and accountability. Together, Diginex and Forvis Mazars aim to set a new standard for supply chain due diligence, helping businesses align profitability with purpose.

    For more information about diginexLUMEN or to schedule a demo, visit www.diginex.com. For inquiries about Forvis Mazars’ ESG and climate risk services, visit www.forvismazars.us.

    About Diginex Limited
    Diginex Limited is a Cayman Islands exempted company, with subsidiaries located in Hong Kong, the United Kingdom and the United States of America. Diginex Limited commenced operations in 2020 and is a software company that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. Diginex Limited is an impact technology business that helps organizations address the some of the most pressing ESG, climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.

    Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. For more information, please visit the Company’s website: https://www.diginex.com/.

     About Forvis Mazars  

    Forvis Mazars is the brand name for the Forvis Mazars Global network (Forvis Mazars Global Limited) and its two independent members: Forvis Mazars, LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories. Forvis Mazars Global Limited is a UK private company limited by guarantee and does not provide any services to clients. Forvis Mazars LLP is the UK firm of Forvis Mazars Group. 

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    For investor and media inquiries, please contact:

    Diginex
    Investor Relations
    Email: ir@diginex.com  

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global  

    IR Contact – Asia
    Shelly Cheng
    Strategic Public Relations Group Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk

    Forvis Mazars
    Josh Voulters
    Communications and Brand Director
    Email : josh.voulters@mazars.co.uk

    The MIL Network –

    April 1, 2025
  • MIL-OSI United Kingdom: Our early human ancestors were surprisingly slow

    Source: Anglia Ruskin University

    Computer simulated anatomy, used in the study, of the lower limb of Australopithecus afarensis. Bates et al.

    By Tom O’Mahoney, Anglia Ruskin University

    Imagine the scene, around 3 million years ago in what is now east Africa. By the side of a river, an injured antelope keels over and draws its last breath. The carcass is soon set on by hyenas, who tussle with a crocodile. The crocodile surfaces and grabs part of the animal.

    The hyenas win and the crocodile retreats with only a leg. After having their fill, the hyenas slope off. Some funny-looking apes approach, walking upright. They have what appear to be stones with sharp edges in their hands. They hurriedly cut off some scraps of meat and start chewing at them.

    Their squabbling attracts the attention of a nearby Homotherium (an extinct, scimitar-toothed big cat) who creeps up and suddenly breaks cover. Will these strange apes survive the encounter? Can they run fast enough, and far enough?

    Our team’s research modelled the anatomy of these early humans, Australopithecus afarensis, to find out how well they could run. Australopithecus afarensis is one of the best-known early human ancestors dating from 2.9-3.9 million years ago.

    The partially complete Australopithecus afarensis skeleton Lucy, or Dinkʼinesh (Amharic: ድንቅ ነሽ, lit.“you are marvellous”) is globally iconic as a representation of early bipedalism (the ability to walk on two legs). Found in the Afar Depression in north east Ethiopia, this discovery received worldwide attention when it was made in 1974. It was evidence that brain expansion evolved after human ancestors started walking on two legs, as scientists had long believed.

    Reconstruction of the fossil skeleton of Lucy the Australopithecus afarensis. Wikimedia/Author 120, CC BY-SA

    Some researchers have also linked Australopithecine anatomy to an, as yet unknown, knuckle-walking common ancestor of humans, gorillas and chimpanzees. This hypothesis has since been refuted.

    Scientists now believe that knuckle-walking probably evolved several times in apes, as the style of walking and internal architecture of ape hands and elbows are subtly different from each other. Researchers also think that the anatomy we see in hominins reflects an adaptation for upright movement in trees in a distant ancestor.

    Early bipeds, such as Ardipithecus kadabba which looked a bit like a gorilla, lived in Africa between 5.8 and 5.2 million years ago. They lived in mosaic habitats (a mixture of open and wooded landscapes) so some adaptation to moving in trees would make sense.

    Until recently, scientists thought that only animals of the genus Homo, which emerged around 2 million years ago, made stone tools. The discovery of cut-marked bones in Dikika, Ethiopia (in 2009) dated at 3.4 million years, and in 2011 of stone tools at Lomekwi, Kenya from 3.3 million years ago, changed scientists’ ideas of how much access Australopithecus had to meat.

    The debate is now more a matter of whether Australopithecus regularly killed animals themselves, or if they were eating from carcasses after other predators (secondary access).

    For primary access and regular kills, they needed to be able to do two things. Run fast (bursts of speed to outpace an unaware animal), and run for long amounts of time (to wear down a prey animal).

    This is the endurance running hypothesis. The emergence of this behaviour is thought to coincide with more modern anatomy, such as seen in Homo erectus, who lived from around 2 million years ago to around 1 million years ago. The best way to test if Australopithecus was capable of endurance running at what we consider “modern” speeds is to reconstruct the skeleton of Australopithecus afarensis and simulate how they may have moved.

    To try and answer this question, my team reconstructed the complete skeleton of Lucy, using 3D modelling. Where parts were missing, we estimated these using scaled versions of other Australopithecus skeletons. Since Lucy is closely related to chimpanzees as well, we also morphed Australopith and modern human and chimpanzee skeletal material, using an analytical technique called geometric morphometrics.

    We then started putting muscles onto the bones of the pelvis and lower limbs of Australopithecus and a modern human model, using the open source software Gaitsym. Muscles and other soft tissues are not preserved in fossils so we varied the muscle properties from chimpanzee-like to human-like, producing a range of estimates for running speed and economy.

    We also ran multiple simulations where we added and removed a long Achilles tendon, which chimpanzees don’t have, as it is thought to affect running speed and energy use by enhancing recovery.

    This was a team effort, with reconstructions across multiple labs. The simulations were run on the high performance computing facilities at the University of Liverpool.

    These simulations revealed that Lucy wasn’t as good at running as modern humans. The top speed our simulations could produce was 11mph, with a minimum of about 3.35mph. Elite sprinters, however, can reach peak speeds of more than 20mph. Even non-elite sprinters can reach around 17.6mph.

    We also found that the metabolic cost of transport (how much energy it takes to move) was between 1.7 and 2.9 times higher in Lucy than in a modern human. The more “ape like” you make the muscle architecture and the shorter you make the Achilles tendon, the higher this cost is.

    It appears that modern human limb proportions, combined with key changes in architecture of the calf muscle (such as relatively short fibres and large cross sectional areas), plus a long Achilles tendon, enabled much faster running in the genus Homo.

    This means that it was probably not physiologically possible for Australopithecus afarensis to engage in persistence hunting, unlike later species of the genus Homo species.

    Going back to our story at the start, it is likely the Australopithecines in this group wouldn’t have escaped the big cat. They simply couldn’t run fast enough, or for long enough.

    Tom O’Mahoney, Senior Lecturer in Biomedical Sciences, Anglia Ruskin University

    This article is republished from The Conversation under a Creative Commons license. Read the original article.

    The opinions expressed in VIEWPOINT articles are those of the author(s) and do not necessarily reflect the views of ARU.

    If you wish to republish this article, please follow these guidelines: https://theconversation.com/uk/republishing-guidelines

    MIL OSI United Kingdom –

    April 1, 2025
  • MIL-OSI United Kingdom: MHRA showcases next phase of regulatory science to bring innovative treatments to patients sooner

    Source: United Kingdom – Executive Government & Departments

    News story

    MHRA showcases next phase of regulatory science to bring innovative treatments to patients sooner

    Seven new CERSIs came together to showcase how partnerships will modernise regulation in AI, clinical trials, and advanced therapies, bringing innovations to patients sooner.

    Last week, the Medicines and Healthcare products Regulatory Agency (MHRA) hosted an event for the seven newly established Centres of Excellence in Regulatory Science and Innovation (CERSIs) to showcase how their projects will help drive advancements in healthcare.

    The event held in Westminster, London, brought together for the first time the MHRA and its fellow funding partners – Innovate UK, the Office for Life Sciences, and the Medical Research Council (MRC) – MHRA project sponsors, and key representatives from government, industry and academia to hear directly from the CERSI leads about how their projects had developed since launch at the beginning of the year.

    Discussions centred on:

    • AI and MedTech – Making sure AI-powered tools are safely developed and integrated into patient care and the wider healthcare system.
    • In silico trials – Exploring new approaches to streamline development while maintaining safety.
    • Pharmacogenomics and diagnostics – Shifting healthcare from sickness to prevention.
    • Cell and gene therapies – Developing laboratory approaches to shared challenges in advanced therapies.
    • Modernising manufacture – Using new digital tools to the full in the production of medicines and medical devices.

    The session also provided the opportunity to focus on cross-cutting issues, covering:

    • Data sharing – A fundamental enabler for all CERSI projects, ensuring responsible and effective use of health data.
    • Skills and expertise – Training regulatory scientists to keep pace with rapid medical advancements.
    • Patient and public involvement – Embedding patient perspectives in innovation to understand and shape how it impacts their experience of healthcare.

    The collective impact of the CERSI initiative will help to ensure patients benefit from innovation and new treatments sooner.

    Science and Innovation Minister Lord Vallance and MHRA Chief Executive Dame June Raine led keynote speeches, highlighting the programme’s role in shaping the future of regulatory science.

    June Raine, MHRA Chief Executive, said:

    “At our CERSIs event this week, the depth of expertise was impressive and there was real excitement about the progress being made. The discussions highlighted a strong commitment to improving access to innovation for patients, shared with our partners Innovate UK, Office of Life Sciences and the MRC. Through the CERSIs, we have a major opportunity to drive advances in regulatory science in the UK – now is the time to turn that potential into action.”

    Notes to editors 

    1. The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe.  All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks. 
    2. The MHRA is an executive agency of the Department of Health and Social Care. 
    3. For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651.

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    Updates to this page

    Published 31 March 2025

    MIL OSI United Kingdom –

    April 1, 2025
  • MIL-OSI USA: SPC Severe Thunderstorm Watch 86

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL6

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 86
    NWS Storm Prediction Center Norman OK
    605 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southern Alabama
    The Western Florida Panhandle
    Southeast Mississippi
    Coastal Waters

    * Effective this Monday morning and afternoon from 605 AM until
    100 PM CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…A line of thunderstorms will move eastward over the next
    several hours. Scattered severe/damaging winds with peak gusts up to
    60-70 mph should be the main threat, although a tornado or two may
    also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 45 miles north northwest
    of Evergreen AL to 30 miles southeast of Mobile AL. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU6).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 83…WW 84…WW 85…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    SEL6

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 86
    NWS Storm Prediction Center Norman OK
    605 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southern Alabama
    The Western Florida Panhandle
    Southeast Mississippi
    Coastal Waters

    * Effective this Monday morning and afternoon from 605 AM until
    100 PM CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…A line of thunderstorms will move eastward over the next
    several hours. Scattered severe/damaging winds with peak gusts up to
    60-70 mph should be the main threat, although a tornado or two may
    also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 45 miles north northwest
    of Evergreen AL to 30 miles southeast of Mobile AL. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU6).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 83…WW 84…WW 85…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW6
    WW 86 SEVERE TSTM AL FL MS CW 311105Z – 311800Z
    AXIS..75 STATUTE MILES EAST AND WEST OF LINE..
    45NNW GZH/EVERGREEN AL/ – 30SE MOB/MOBILE AL/
    ..AVIATION COORDS.. 65NM E/W /53WSW MGM – 32SE SJI/
    HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 27035.

    LAT…LON 32008605 30378664 30378915 32008861

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU6.

    Watch 86 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (10%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Low (20%)

    Probability of 1 or more hailstones > 2 inches

    Low (10%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News –

    April 1, 2025
  • MIL-OSI: Pando Recognized as a Visionary in 2025 Gartner Magic Quadrant for Transportation Management Systems

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 31, 2025 (GLOBE NEWSWIRE) — Pando, the leading supply chain AI company, has been recognized by Gartner as a Visionary in the 2025 Magic Quadrant for Transportation Management Systems. 

    Pando’s AI Agents replace staff and software at Fortune 500 manufacturers, distributors, and retailers worldwide, automating work done by logistics teams to deliver products globally. Powered by its proprietary Logistics Language Model®, Pando’s suite of AI Agents have been deployed globally to free teams from the manual drudgery of managing bids, shipments, and invoices and empowering them to focus on strategic work. Pando is empowering enterprises to tackle the challenges in the $10 trillion global freight economy and take strategic control with AI agents, eliminating outsourcing costs, optimizing the technology landscape, and redefining talent strategy.

    “Global logistics teams are under pressure, navigating the complexities of tariffs and geopolitical tensions, and their impact on logistics operations,” said Nitin Jayakrishnan, CEO and co-founder of Pando. “Logistics teams are spending more than 80% of their time on manual tasks outside of systems, making hundreds of micro-decisions daily, while coordinating with carriers, suppliers, and customers to execute operations efficiently. Pando’s vision is to free logistics teams from constant routine tasks by leveraging AI agents as extended team members. These agents automate workflows, enabling teams to shift operational burdens to become strategic partners who drive business growth. We believe Pando’s recognition as a Visionary is a testament to our vision of unifying talent and AI strategy, where AI agents seamlessly drive collaboration, decision-making, and execution autonomously.”

    Gartner defines Visionaries as companies that “seek to deliver a unique or differentiated approach to the market. They may be considered thought leaders and tend to be on the leading edge of emerging concepts and technologies.”

    Pando’s innovative approach to transportation management includes:

    • AI-first Offering: Pando sets itself apart by investing in R&D, with a strong focus on AI-driven innovation. By leveraging agentic AI, Pando enables more autonomous workflows and smarter decision-making, driving greater efficiency and intelligence across logistics operations.
    • Customer-centric solutions: Designed for global manufacturers and retailers, Pando offers industry-specific solutions seamlessly integrating with existing enterprise systems, onboarding AI agents aligned to the organization’s supply chain knowledge graph, and automating decisions, actions, and collaboration across logistics processes.
    • Quick Time to Value: Pando’s value-driven approach ensures there is a quantifiable return on investment (ROI) for every AI agent onboarded, delivering immediate business impact with accelerated time to value.

    Pando supports customers across various industries, including consumer products, retail, automotive, chemicals, and pharmaceuticals, in Asia and North America.

    To access a complimentary copy of the report 2025 Gartner Magic Quadrant for Transportation Management Systems, please visit 2025 Gartner Magic Quadrant for Transportation Management Systems.

    Gartner, “Magic Quadrant for Transportation Management Systems,” Brock Johns, Oscar Sanchez Duran, Carly West, Manav Jain, 27 March 2025. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    About Pando
    Pando is a global leader in AI-powered logistics technology and offers AI agents for logistics, enabling manufacturers, distributors, and retailers to automate their logistics operations to build agility, control freight spend, and reduce carbon footprint. Trusted by Fortune 500 enterprises with global customers across North America, Europe, and Asia Pacific regions, Pando is pioneering the future of autonomous logistics with cutting-edge AI capabilities.

    Pando is recognized by World Economic Forum (WEF) as a Technology Pioneer, by G2 as a Market Leader in Freight Management, and named one of the fastest-growing technology companies by Deloitte. For more information, visit www.pando.ai.

    Media Contact
    Courtney Meints
    Skyya PR for Pando
    pando@skyya.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/316bdce2-0aa8-426d-9fba-b9125043a2c1

    The MIL Network –

    April 1, 2025
  • MIL-OSI: GlobePool Introduces AI-Driven Bitcoin Cloud Mining Platform for Users,$15 welcome bonus for new user

    Source: GlobeNewswire (MIL-OSI)

    Miami, FL, March 31, 2025 (GLOBE NEWSWIRE) — GlobePool is a reliable crypto mining platform that is transforming the industry with its AI-powered mining options for both beginners and experts. GlobePool simplifies the process with an innovative AI technology that optimizes the efficiency of mining, maximizes returns, and reduces operating complexity. Regular cryptocurrency mining comes with significant equipment and power investments, which render it out of reach for the masses. GlobePool reduces such barriers by offering cloud-based artificial intelligence-automated mining.

    Running on 100+ decentralized nodes worldwide, this platform applies sophisticated AI algorithms to scan blockchain data, energy prices, and hardware efficiency in real-time, automatically redirecting investors’ hashrate to the most profitable opportunities.

    “We are committed to GlobePool to make cryptocurrency mining available to all and make it available in readiness,” a GlobePool representative said. “Smart mining with AI offers users maximum returns with the least frustration from technical adjustment or fluctuating market prices.”

    Earning Potential with GlobePool:

    With the attractive offers provided by this platform, users can earn passive income in various ways. One of the most popular schemes, Bitmain ALPH Miner AL1,  for example, gives daily rewards of $2.50 with a principal rebate and pays a contract value of $100 with a one-day term. Depending on their financial objectives, users can employ either short-term or long-term mining tactics thanks to this accommodating mechanism.

    Recommended Plan: (Best Profit in Short Time)

    Plan: Bitcoin Miner S21 XP+ Hyd (500 TH/s)

    Investment: $100,000

    Contract Duration: 2 Days

    Daily Rewards: $8,100.00

    Total Earnings: $16,200.00

    Getting Started With the Most Reliable AI-Driven Global Mining Platform

    GlobePool was developed with the convenience of the user in mind and features a hassle-free three-step process to become active:

    Sign Up & Start for Free – Users can sign up in under a minute and immediately access GlobePool’s mining network without the need for specialized equipment.

    Choose a Mining Plan – With various cryptocurrency mining plans, users can select the most suitable one for their requirements. The AI distributes mining resources to the most profitable pools automatically.

    Monitor & Withdraw Earnings – Real-time analytics through a live dashboard provides instant insights into mining performance, and withdrawals are immediate with no fees.

    Join the Crypto Mining Affiliate Program

    GlobePool has introduced a unique Crypto Mining Affiliate Program to increase its visibility even more. By referring new members, users can earn money. Affiliates can promote GlobePool’s advanced mining services and earn handsome payments for each successful invite. The program is a great way for influencers, cryptocurrency enthusiasts, and internet marketers to make money off of their following because there is no cap on the potential incentives.

    The Future of Cryptocurrency Mining with GlobePool

    As the cryptocurrency market continues to evolve, GlobePool is leading the way with its constant development of AI algorithms and the growth of the mining infrastructure. By bringing crypto mining into the mainstream, making it efficient and profitable, GlobePool is empowering users globally to access the digital economy.

    The spokesperson said that the “GlobePool is committed to providing the best-in-class mining solutions that drive financial empowerment and technological innovation”, as crypto mining tends to be a basic constituent of the crypto ecosystem.

    Frequently Asked Questions (FAQs)

    Are there any fees associated with GlobePool’s mining contracts?

    GlobePool’s mining contracts are clear-cut, with the contract price covering all associated costs and there are no hidden fees, and the initial investment is typically refunded at the end of the contract term, as stated in each plan.

    What Cryptocurrencies Can I Mine with GlobePool?

    GlobePool supports mining for various cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), and other popular digital assets.

    Can I invest my profits in new mining contracts?

    Yes, the users are able to reinvest their profits in new mining contracts on GlobePool. This tactic provides for compounding growth of your investment, potentially growing total returns. 

    How is the security of my investment and personal information ensured by GlobePool?

    GlobePool employs cutting-edge security features, like encryption algorithms and two-factor authentication (2FA), to protect users’ personal info and money. The platform’s AI-driven mining operations are optimized for profitability while ensuring the safety of all transactions.

    About GlobePool

    GlobePool is one of the emerging cryptocurrency mining platforms that leverages AI-powered technology to provide optimized mining solutions to users around the world. GlobePool prioritizes efficiency, security, and profitability while making the process of mining easier and enabling users to get the maximum revenue without the complexity of normal mining operations.

    To know more, visit GlobePool’s official website.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

    April 1, 2025
  • MIL-OSI: RYVYL Reports Q4 2024 and Full Year 2024 Financial Results and Provides a Business Update

    Source: GlobeNewswire (MIL-OSI)

    – Reiterates 2025 guidance of $80 million to $90 million in revenue and mid-40s percentage gross margin – 

    SAN DIEGO, CA, March 31, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology for the diverse international markets, reported its financial results for the quarter and year ended December 31, 2024.

    RYVYL Co-founder and CEO Fredi Nisan issued the following business update for investors.

    “We made significant progress in 2024 as our U.S. operations stabilized over the past several quarters, while our International segment maintained a strong growth trajectory. International revenue for 2024 reached $37.8 million, representing a remarkable 124% increase compared to 2023. With momentum building in both the U.S. and international markets, we are actively onboarding new clients across multiple jurisdictions, further strengthening our market presence and positioning us for a high-growth year in 2025.

    Our global pipeline is robust, and we are rapidly gaining traction with our Payments-as-a-Service offering from RYVYL EU. We are strategically positioned to capitalize on substantial opportunities as we continue to expand our market reach.

    “We are building on our core competitive strengths and foundation, and I’m excited to offer a summary of our progress and reiterate our 2025 guidance of $80 million to $90 million in revenue and mid-40s percentage gross margin.

    Business Overview and Competitive Position

    Our competitive strengths, unique value proposition, and strategic focus are what truly set us apart in the fintech space. We’re especially optimistic about our position in the market, as the global shift toward credit cards, mobile wallets, and real-time payment platforms continues to accelerate. Our solutions are purpose-built for this evolution, leveraging our longstanding investment in proprietary payment and banking technologies to stay ahead of the curve.

    As fintech innovators are rapidly disrupting the landscape with agile, cost-effective models, RYVYL is strongly positioned to lead the way. We are nimble, innovative, and well-prepared to capitalize on this favorable environment, driving forward as a leader in the next era of digital payments.

    We are committed to continuously evolving our product portfolio to anticipate and meet the ever-changing needs of businesses worldwide. At the heart of this effort is the enhancement of our dual-sided payment platform, which seamlessly supports both acquiring and disbursement services. This platform is purpose-built to accommodate emerging use cases in acquiring, disbursements, and embedded finance, delivering comprehensive, end-to-end financial solutions that empower our clients to stay ahead in a dynamic market.

    Technological innovation is transforming how consumers engage with their finances as multiple payment rails converge to offer greater flexibility and choice. RYVYL is at the forefront of this evolution with our next-generation payment technology. By integrating various payment systems and methods into a single, cohesive digital platform, we empower consumers and businesses to access multiple options—such as bank transfers, mobile payments, digital wallets, and more—all in one place. This innovative approach allows users to select the payment method that best meets their needs at any given moment, positioning RYVYL as a pioneer in the rapidly evolving financial landscape.

    We target high-margin segments, focusing on merchants and retail clients who are often overlooked by traditional processors or left out of the existing financial ecosystem. Currently, we serve nearly 1,500 business customers across 50 industries, leveraging a diversified foundation to establish ourselves as a global innovator in payment and banking solutions. By offering advanced banking and payment technologies, we’re able to capture 40% gross margins in these high-potential areas. With new offerings like Payments-as-a-Service (PaaS) on the horizon and greater operational efficiencies through scale, we are well-positioned to continue driving margin expansion.

    Our value proposition is distinct and forward-thinking. We deliver comprehensive banking and processing solutions that emphasize transparency, speed, and tailored processing capabilities designed for specific industries. Our customized, turnkey solutions are powered by cutting-edge technologies, such as AI, that set us apart. We leverage these advanced capabilities and tools to streamline operations, reduce errors, and enhance scalability, while AI-driven insights optimize decision-making and efficiency, creating a transformative approach to financial services.

    Compliance and onboarding agility are fundamental to our business model—serving as key competitive advantages in this rapidly evolving landscape. As regulatory scrutiny and antitrust initiatives reshape the payment ecosystem, legacy networks are being challenged, creating new opportunities for innovative players. While real-time systems like FedNow are making strides, credit cards still dominate, and adoption remains gradual. Meanwhile, advancements in AI are transforming fraud prevention, transaction security, and seamless banking integration. RYVYL is strategically positioned to navigate and capitalize on these changes, leveraging our expertise to stay ahead in this dynamic environment.

    We’re driven by our momentum and confident in our path forward. Recent wins, increased pipeline visibility, and an expanding presence across verticals are propelling us to new heights. We’re diversifying revenue streams and building stronger client relationships, positioning ourselves to meet the complex and evolving needs of our customers. Market demand remains robust, and we’re well-prepared to capitalize on opportunities, further solidifying our position as a frontrunner in the sector.

    Q4 2024 and Recent Highlights

    During Q4 and recently, we:

    • Completed two European software integrations in October, with these two European partners launching on the new platforms.
    • Expanded our global reach by launching Visa Direct services in more geographies, increasing our footprint to a total of 16 countries.
    • Launched co-branded debit cards in the EU.
    • Went live with our next-generation Charge Savvy (POS).
    • Implemented NEMS Core payments in the U.S.

    Balance Sheet Restructuring

    We completed key steps in our strategy to improve our capital structure, greatly reducing potential dilution and positioning us for profitable growth supported by increased financial flexibility.

    In January 2025, we:

    • Executed a Preferred Stock Repurchase and Note Repayment Agreement and paid the initial tranche of $13.0 million to a securityholder that:
      • Redeemed of all shares of the Company’s Series B Convertible Preferred Stock for which the liquidation value was $53.1 million; and
      • Partially repaid an 8% Senior Convertible Note, reducing the outstanding principal from $18.3 million to $4.0 million, which is due on or before April 30, 2025.
    • Entered into an agreement with a financing source for $15.0 million to fund the Preferred Stock Repurchase and Note Repayment Agreement transaction that was structured as a pre-funded asset sale with a 90-day closing period, which ends on April 23, 2025 and may be extended an additional 30 days to May 23, 2025, if the Company pays $500,000 for such extension. Shares in the Company’s RYVYL EU subsidiary were placed in escrow during the closing period. Although there are no guarantees, the Company intends to terminate the asset sale within the closing period by paying $16.5 million in consideration of such termination.

    We are pursuing a range of funding alternatives to raise capital to terminate the asset sale and anticipate completing this step in our financial strategy to further deleverage the balance sheet in Q2 2025. The Company has recently filed an S-1 registration statement to raise up to $24 million, including the overallotment, and intends to explore all fundraising options, including term debt, equity or some combination to fund the termination payment of $16.5 million.

    Payments-as-a-Service (PaaS)

    In March 2025, RYVYL EU landed two new Payments-as-a-Service (PaaS) contracts, which are anticipated to bring in close to one million new customer accounts over the next year. These partnerships mark a major step forward in expanding our presence across Europe and boosting our long-term growth potential. These partnerships are a strong endorsement of our ability to support fast-growing financial platforms and assist with their international growth. Our advanced payment technology enables quick and compliant onboarding, paired with the scalability today’s digital banks demand.

    • The first contract is with a prominent global money service provider and includes the provision of both virtual and physical payment cards through RYVYL’s platform and mobile application. So far, 1,000 accounts have already been activated, and an additional 50,000 are expected to follow in 2025.
    • The second agreement, with one of the world’s largest fully digital banks, is expected to add 900,000 new customer accounts within 12 months, beginning in Q2 2025. API integrations and system testing are already underway, with the onboarding phase set to launch in the near future.

    “We are poised for a strong growth year in 2025, with multiple initiative underway to leverage our technology and well-established customer infrastructure and market reputation, and I look forward to updating you on our progress,” concluded Nisan.

    Financial Summary for the Fourth Quarter Ended December 31, 2024

    • Revenue: Fourth quarter 2024 revenue totaled $14.1 million, driven largely by $11.4 million from RYVYL EU. This compares to $22.2 million in revenue during the same period in 2023, of which $5.6 million was generated by RYVYL EU.
    • Processing Volume: In the fourth quarter of 2024, processing volume rose 38.7% to $1.3 billion, compared to $0.9 billion in the fourth quarter of 2023. International operations accounted for $1.1 billion of the fourth quarter volume, a significant increase from the $591 million volume in the fourth quarter of 2023, fueled by strong growth across multiple verticals, particularly through our Independent Sales Organizations (“ISO”) and partnership network, as well as expanded offerings in global payments processing and banking-as-a-service. In North America, processing volume totaled $176 million, down from $356 million in the fourth quarter of 2023.
    • Cost of Revenue: Cost of revenue was $8.7 million in the fourth quarter of 2024, down from $14.5 million in the fourth quarter of 2023. This decrease was primarily due to reduced processing activity in North America, partially offset by higher processing volumes in the International segment.
    • Gross Margin: Gross margin for the fourth quarter of 2024 was 38.2%, up from 35.0% in the fourth quarter of 2023, reflecting higher margin product mix.
    • Operating Expenses: Operating expenses for the fourth quarter of 2024 were $11.4 million, compared to $10.6 million in the fourth quarter of 2023. This increase was primarily driven by a $3.0 million impairment charge in the fourth quarter of 2024 against intangible assets held in North America, partially offset by lower other operating expenses compared to the fourth quarter 2023.
    • Other Expense, net: Other expense, net, decreased 97% to $0.9 million in the fourth quarter of 2024, down from $27.0 million in the fourth quarter of 2023. The net decrease was primarily driven by the multiple restructurings of the Company’s convertible note during the fourth of 2023, with no comparable activity during the fourth quarter of 2024.
    • Adjusted EBITDA: Adjusted EBITDA for the fourth quarter of 2024 was negative $1.7 million, compared to a positive $0.1 million in the fourth quarter of 2023.

    Financial Summary Full Year Ended December 31, 2024

    • Revenue: 2024 revenue was $56.0 million, driven largely by $37.8 million from RYVYL EU. This compares to $65.9 million during the same period in 2023, of which $16.9 million was generated by RYVYL EU.
    • Cost of Revenue: Cost of revenue was $33.6 million, down $6.6 million, from $40.2 million during 2023, primarily due to reduced processing activity in North America, partially offset by higher processing volumes in the International segment.
    • Gross Margin: Gross margin was 40.0%, up from 39.0% in 2023.
    • Operating Expenses: 2024 operating expenses were $43.3 million compared to $38.0 million in 2023, due primarily to impairment charges recorded during 2024 of $6.7 million and $3.0 million for goodwill and intangible assets held in North America, respectively, with no comparable charges in 2023, partially offset by lower research and development expenses and professional fees.
    • Other Expense, net: Other expense, net, decreased to $4.8 million in 2024, down from $40.5 million in 2023. This decrease was mainly driven by a $28.8 million net decrease in other expenses associated with the Company’s multiple restructurings of its convertible note during 2023 with no comparable restructurings during 2024.
    • Adjusted EBITDA: Adjusted EBITDA for 2024 was a loss of $5.7 million, compared to a loss of $3.9 million in 2023.
    • Cash Balances: Cash and restricted cash as of December 31, 2024, was $92.0 million, with $89.4 million being restricted cash.

    The foregoing guidance is based on the Company’s continuation of the business, as currently conducted. On January 24, 2025, the Company entered into an agreement with a financing source that was structured as a pre-funded asset sale with a 90-day closing period, which ends on April 23, 2025 and may be extended an additional 30 days to May 23, 2025, if the Company pays $500,000 for such extension. Shares in the Company’s RYVYL EU subsidiary were placed in escrow during the closing period. Although there are no guarantees, the Company intends to terminate the asset sale within the closing period by paying $16.5 million in consideration of such termination. The Company’s financial guidance for 2025 is based on fully retaining its RYVYL EU subsidiary.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions, and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements regarding anticipated revenues and margins, timely payment of the second tranche, the benefit to stockholders from the repayment of the Note and repurchase of the Preferred Stock, and the timing and expectation of revenues from the license described herein and are charactered by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information. By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements, including the risk that the licensee understands and complies with various banking laws and regulations that may impact the licensee’s ability to process transactions. For example, federal money laundering statutes and Bank Secrecy Act regulations discourage financial institutions from working with operators of certain industries – particularly industries with heightened cash reporting obligations and restrictions – as a result of which, banks may refuse to process certain payments and/or require onerous reporting obligations by payment processors to avoid compliance risk. These statements are also subject to any damages the Company could suffer as the result of previously announced litigation or actions of any governmental agencies. These and other risk factors affecting the Company are discussed in detail in the Company’s periodic filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether because of the latest information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    RYVYL INC.
    CONSOLIDATED BALANCE SHEETS
    (In thousands, except share and per share data)

        December 31,  
        2024     2023  
    ASSETS            
    Current Assets:            
    Cash   $ 2,599     $ 12,180  
    Restricted cash     89,432       61,138  
    Accounts receivable, net of allowance for credit losses of $206 and $23, respectively     1,076       859  
    Cash due from gateways, net of allowance of $89 and $2,636, respectively     88       12,834  
    Prepaid and other current assets     2,189       2,854  
    Total current assets     95,384       89,865  
                     
    Non-current Assets:                
    Property and equipment, net     165       306  
    Goodwill     18,856       26,753  
    Intangible assets, net     1,802       5,059  
    Operating lease right-of-use assets, net     3,425       4,279  
    Other assets     2,644       2,403  
    Total non-current assets     26,892       38,800  
    Total assets   $ 122,276     $ 128,665  
                     
    LIABILITIES AND STOCKHOLDERS’ EQUITY/(DEFICIT)                
                     
    Current Liabilities:                
    Accounts payable   $ 3,515     $ 1,819  
    Accrued liabilities     8,146       5,755  
    Payment processing liabilities, net     90,802       76,772  
    Current portion of operating lease liabilities     839       692  
    Other current liabilities     240       504  
    Total current liabilities     103,542       85,542  
    Long term debt, net of debt discount of $3,906 and $24,349, respectively     17,363       15,912  
    Operating lease liabilities, less current portion     2,863       3,720  
    Total liabilities     123,768       105,174  
                     
    Stockholders’ Equity/(Deficit):                
    Preferred stock, Series B, par value $0.01, 5,000,000 shares authorized; 53,499 and 55,000 shares issued and outstanding at December 31, 2024 and 2023, respectively     1       1  
    Common stock, par value $0.001, 100,000,000 shares authorized; 8,032,318 and 5,996,948 shares issued and outstanding at December 31, 2024 and 2023, respectively     8       6  
    Additional paid-in capital     179,157       175,664  
    Accumulated other comprehensive income     (1,251 )     401  
    Accumulated deficit     (179,407 )     (152,581 )
    Total stockholders’ (deficit)/equity     (1,492 )     23,491  
                     
    Total liabilities and stockholder’s (deficit)/equity   $ 122,276     $ 128,665  

    RYVYL INC.
    CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
    (In thousands, except share and par value data)

        Three Months Ended December 31,     Twelve Months Ended December 31,  
        2024     2023     2024     2023  
                                     
    Revenue   $ 14,127     $ 22,249     $ 55,998     $ 65,869  
    Cost of revenue     8,730       14,455       33,572       40,157  
    Gross profit     5,397       7,794       22,426       25,712  
                                     
    Operating expenses:                                
    Advertising and marketing     20       (73 )     95       80  
    Research and development     821       1,323       3,848       5,757  
    General and administrative     1,826       1,968       6,933       8,678  
    Payroll and payroll taxes     4,167       3,785       13,836       12,017  
    Professional fees     1,016       1,425       4,372       7,076  
    Stock compensation expense     83       1,544       624       1,853  
    Depreciation and amortization     438       654       2,264       2,553  
    Impairment of goodwill     –       –       6,675       –  
    Impairment of intangible assets     3,028       –       3,028       –  
    Restructuring charges     –       –       1,636       –  
    Total operating expenses     11,399       10,626       43,311       38,014  
                                     
    Loss from operations     (6,002 )     (2,832 )     (20,885 )     (12,302 )
                                     
    Other income (expense):                                
    Interest expense     (400 )     (30 )     (862 )     (3,340 )
    Accretion of debt discount     (280 )     (3,508 )     (2,258 )     (13,134 )
    Changes in fair value of derivative liability     –       (35 )     14       6,544  
    Derecognition expense on conversion of convertible debt     (531 )     (23,516 )     (600 )     (25,035 )
    Legal settlement expense     (467 )     –       (2,064 )     (4,142 )
    Gain on sale of property and equipment     –       1,069       –       1,069  
    Other income (expense)     754       (999 )     970       (2,472 )
    Total other expense, net     (924 )     (27,020 )     (4,800 )     (40,510 )
                                     
    Loss before provision for income taxes     (6,926 )     (29,852 )     (25,685 )     (52,812 )
    Income tax provision     (75 )     151       1,140       289  
    Net loss   $ (6,851 )   $ (30,003 )   $ (26,825 )   $ (53,101 )
                                     
    Comprehensive income statement:                                
    Net loss     (6,851 )     (30,003 )     (26,825 )     (53,101 )
    Foreign currency translation (loss) gain     (2,371 )     433       (1,652 )      44  
    Total comprehensive loss   $ (9,222 )   $ (29,570 )   $ (28,477 )   $ (53,057 )
                                     
    Net loss per share:                                
    Basic and diluted   $ (0.91 )   $ (5.43 )   $ (4.01 )   $ (10.11 )
    Weighted average number of common shares outstanding:                                
    Basic and diluted     7,543,480       5,525,608       6,694,165       5,251,852  

    RYVYL INC.
    CONSOLIDATED STATEMENT OF CASH FLOWS
    (In thousands)

        Year Ended December 31,  
        2024     2023  
    Cash flows from operating activities:            
    Net loss   $ (26,825 )   $ (53,101 )
    Adjustments to reconcile net loss to net cash used in operating activities:                
    Depreciation and amortization expense     2,264       2,553  
    Noncash lease expense     143       350  
    Stock compensation expense     624       1,853  
    Restricted common stock issued for compensation     182       –  
    Accretion of debt discount     2,258       13,134  
    Derecognition expense on conversion of convertible debt     600       25,035  
    Changes in fair value of derivative liability     (14 )     (6,544 )
    Gain on sale of property and equipment     –       (1,069 )
    Impairment of goodwill     6,675       –  
    Impairment of intangible assets     3,028       –  
    Restructuring charges     1,636       –  
    Changes in assets and liabilities:                
    Accounts receivable, net     (155 )     297  
    Prepaid and other current assets     664       6,568  
    Cash due from gateways, net     12,684       (5,407 )
    Other assets     (160 )     (1,183 )
    Accounts payable     1,695       189  
    Accrued and other current liabilities     1,497       2,080  
    Accrued interest     366       546  
    Payment processing liabilities, net     14,029       47,860  
    Net cash provided by operating activities     21,191       33,161  
                     
    Cash flows from investing activities:                
    Purchases of property and equipment     (47 )     (108 )
    Logicquest Technology acquisition     –       (225 )
    Proceeds from sale of property and equipment     –       2,620  
    Capitalized software development costs     (1,647 )     –  
    Purchase of intangibles     (114 )     –  
    Net cash (used in) provided by investing activities     (1,808 )     2,287  
                     
    Cash flows from financing activities:                
    Treasury stock purchases     –       7  
    Repayments of convertible debt     –       (3,000 )
    Repayments on long-term debt     (12 )     (15 )
    Tax withholdings related to net settlement of equity awards     (229 )     –  
    Net cash used in financing activities     (241 )     (3,008 )
                     
    Effect of exchange rates in cash and restricted cash     (430 )     44  
    Net increase (decrease) in cash and restricted cash     18,712       32,484  
                     
    Cash and restricted cash – beginning of period     73,318       40,834  
                     
    Cash and restricted cash – end of period   $ 92,030     $ 73,318  
                     
    Supplemental disclosures of cash flow information                
    Cash paid during the period for:                
    Interest   $ 300     $ 2,709  
    Income taxes   $ 848     $ 199  
                     
    Non-cash financing and investing activities:                
    Convertible debt conversion to preferred stock   $ 900     $ 64,600  
    Convertible debt conversion to common stock   $ –     $ 1,650  
    Interest accrual from convertible debt converted to preferred stock   $ –     $ 1,703  
    Interest accrual from convertible debt converted to common stock   $ –     $ 4  

    Use of Non-GAAP Financial Information

    Adjusted earnings before interest, taxes, depreciation, and amortization (“Adjusted EBITDA”) is a non-GAAP measure that represents our net loss before interest expense, amortization of debt discount, income tax expense, depreciation and amortization, changes in the fair value of derivative liabilities, losses on the extinguishment and derecognition expenses on the conversion of convertible debt, non-cash stock-based compensation expense, acquisition-related expense, non-recurring provisions for credit losses on legacy matters, accounting fees related to the restatement of prior period financial statements, non-recurring costs related to the spin-off of a subsidiary, and legal costs and settlement fees incurred in connection with non-ordinary course litigation and other disputes.

    We exclude these items in calculating Adjusted EBITDA because we believe that the exclusion of these items will provide for more meaningful information about our financial performance, and do not consider the excluded items to be part of our ongoing results of operations. Our use of Adjusted EBITDA has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our financial results as reported under GAAP. Some of these limitations are: (a) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and Adjusted EBITDA does not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements; (b) Adjusted EBITDA does not reflect changes in, or cash requirements for, our working capital needs; (c) Adjusted EBITDA does not reflect the potentially dilutive impact of equity-based compensation; (d) Adjusted EBITDA does not reflect tax payments that may represent a reduction in cash available to us; and (e) other companies, including companies in our industry, may calculate Adjusted EBITDA or similarly titled measures differently, which reduces its usefulness as a comparative measure.

    Because of these and other limitations, you should consider Adjusted EBITDA alongside our other GAAP-based financial performance measures, net income (loss) and our other GAAP financial results. The following table presents a reconciliation of Adjusted EBITDA from net loss, the most directly comparable GAAP measure, for the periods indicated:

    Reconciliation of Net Loss attributable to RYVYL, Inc., to Adjusted EBITDA for the
    Three and Twelve Months Ended December 31, 2024 and 2023
    (In thousands, except share and per share data)

        Three Months Ended December 31,     Twelve Months Ended December 31,  
        2024     2023     2024     2023  
                                     
    Net loss   $ (6,851 )   $ (30,003 )   $ (26,825 )   $ (53,101 )
    Interest expense     400       30       862       3,340  
    Accretion of debt discount     280       3,508       2,259       13,134  
    Income tax provision     (75 )     151       1,140       289  
    Depreciation and amortization     438       654       2,264       2,553  
     EBITDA     (5,807 )     (25,660 )     (20,301 )     (33,785 )
                                     
    Other non-cash adjustments:                                
    Changes in fair value of derivative liability     –       35       (14 )     (6,544 )
    Derecognition expense on conversion of convertible debt     531       23,516       600       25,035  
    Stock compensation expense     83       1,544       624       1,853  
    Impairment of goodwill     –       –       6,675       –  
    Impairment of intangible assets     3,028       –       3,028       –  
    Restructuring charges     –       –       1,636       –  
                                     
    Special items:                                
    Non-recurring legal settlements and ongoing matters and related legal fees     467       –       2,064       5,308  
    Carryover effects of financial statement restatements in prior periods     –       691       –       1,913  
    Non-recurring provision for credit losses on legacy matters     –       –       –       1,994  
    Accounting fees related to the restatement of prior period financial statements     –       –       –       237  
    Non-recurring impairment of right of use asset     –       –       –       100  
    Non-recurring costs of spin-off     –       –       –       29  
    Adjusted EBITDA   $ (1,699 )   $ 126     $ (5,688 )   $ (3,860 )
                                     
    Loss from operations   $ (6,002 )   $ (2,832 )   $ (20,885 )   $ (12,302 )

    The MIL Network –

    April 1, 2025
  • MIL-OSI: Hyperscale Data to Recognize One Time Gain of Approximately $17.5 Million in Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, March 31, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that it expects to recognize a one-time gain of approximately $17.5 million upon deconsolidation of Avalanche International, Inc. (“Avalanche”). The Company notes that while this gain is non-recurring, the impact to the Company’s balance sheet is significant.

    William B. Horne, Chief Executive Officer of Hyperscale Data, commented, “The deconsolidation of Avalanche will result in the elimination of approximately $17.5 million in current liabilities and significantly improves both our working capital and our stockholders’ equity and will help the Company solidify its long-term future as a publicly listed entity on the NYSE American. The Company anticipates updating stockholders on additional structural changes throughout the coming months.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiaries, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries. Hyperscale Data’s subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data intends to completely divest itself of ACG on or about December 31, 2025, at which time, it would solely be an owner and operator of data centers to support high-performance computing services. Until that happens, the Company provides, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

    April 1, 2025
  • MIL-OSI: Subsea7 awarded contract offshore Norway

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 31 March 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway.

    Subsea7’s scope includes engineering, procurement, construction and installation of a five kilometre CO2 pipeline, as well as installation of integrated satellite structures, umbilicals, tie-in and pre-commissioning activities.

    Project management and engineering will commence immediately at Subsea7’s office in Stavanger, Norway. Fabrication of the pipeline will take place at Subsea7’s spoolbase at Vigra, Norway and offshore operations will be executed in 2026 and 2027.

    Erik Femsteinevik, Vice President for Subsea7 Norway said: “We are excited to continue our collaboration with Equinor TSP and the Northern Lights’ owners Equinor, Shell and TotalEnergies on phase 2 of this ambitious and pioneering project. We look forward to working together to increase the development’s carbon storage capacity to a minimum of five million tonnes per year, and to support the continued development of a new value chain for Norway and Europe.”

    Northern Lights phase 2 is enabled by a grant from the Connecting Europe Facility for Energy (CEF Energy) funding scheme. 

    1. Subsea7 defines a sizeable contract as being between $50 million and $150 million.

    *******************************************************************************
    Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.

    Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

    *******************************************************************************

    Contact for investment community enquiries:
    Katherine Tonks
    Investor Relations Director
    Tel +44 20 8210 5568
    ir@subsea7.com

    Contact for media enquiries:
    Jan Roger Moksnes
    Communications Manager
    Tel +47 41515777
    janroger.moksnes@subsea7.com
    www.subsea7.com

    Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
    This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
    This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 31 March 2025 at 12:15 CET.

    Attachment

    • SUBC Northern Lights 2

    The MIL Network –

    March 31, 2025
  • MIL-OSI: 16/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 16 / 2025
    Schindellegi, Switzerland – 31 March 2025

    Trifork Group: Weekly report on share buyback

    On 28 Februay 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. The buyback program will not be active from 9 to 15 April 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million).

    Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital.

    Under the program, the following transactions have been made:

    Date    Number of shares       Average purchase price (DKK)       Transaction value (DKK)
    Total beginning 29,388 84.04 2,469,874
    24 March 2025 1,900 93.98 178,562
    25 March 2025 1,900 92.99 176,681
    26 March 2025 2,000 92.20 184,400
    27 March 2025 2,200 90.24 198,528
    28 March 2025 2,480 88.11 218,513
    Accumulated 39,868 85.95 3,426,558

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 39,868 at a total amount of DKK 3,426,558. As of 25 March 2025, 1,352 shares acquired through the share buyback program were utilized for the Executive Management’s monthly fixed salary, representing a change from cash payment to payment partly in shares (refer to company announcement no. 1 of 21 January 2025).

    With the transactions stated above, Trifork holds a total of 294,845 treasury shares, corresponding to 1.5%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,450,054.


    Investor and media contact

    Frederik Svanholm, Group Investment Director & Head of Investor Relations
    frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    • CA_16_25_Buyback

    The MIL Network –

    March 31, 2025
  • MIL-OSI: Innofactor Plc Annual Report for 2024 has been published

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc Annual Financial Report, on March 31, 2025, at 9:00 Finnish time

    Innofactor Annual Report for 2024 has been published as a PDF file on the company website: www.innofactor.com/invest-in-us/releases-publications-and-reports/#annual-reports. The Annual Report includes the Financial Statement, the Report of the Board of Directors and the Sustainability Report.

    Innofactor’s Corporate Governance Statement for the Financial Period 2024 has been published separately from the Annual Report on the company website: https://www.innofactor.com/invest-in-us/corporate-governance/.

    The Remuneration Report for the Financial Period 2024 has been published on the company website: www.innofactor.com/invest-in-us/corporate-governance/#compensations.

    The Annual Report, the Corporate Governance Statement, and the Remuneration Report are also attached to this release.

    Espoo, March 31, 2025

    INNOFACTOR PLC

    Sami Ensio, CEO

    Additional information:
    Sami Ensio, CEO
    Innofactor Plc
    Tel. +358 50 584 2029
    sami.ensio@innofactor.com

    Distribution:
    NASDAQ Helsinki
    Main media
    www.innofactor.com

    Innofactor
    Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. www.innofactor.com #AIDriven #PeopleFirst #BeTheRealYou

    Attachments

    • Innofactor Plc Annual Report 2024
    • Corporate Governance Statement 2024
    • Remuneration Report 2024

    Attachments

    The MIL Network –

    March 31, 2025
  • MIL-OSI: Maris-Tech Announces Full Year 2024 Financial Results and Reports Record 51% Revenue Growth for 2024 with Improved Profitability

    Source: GlobeNewswire (MIL-OSI)

    Revenues Increased by 51%, Gross Profit Increased by 82% and Net Loss Reduced by 54% for the Year Ended December 31, 2024

    Rehovot, Israel, March 31, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)- based edge computing technology, today announced its financial results for the full year ended December 31, 2024. The Company reported record revenues of approximately $6.1 million, an increase of 51% compared to approximately $4 million for the year ended December 31, 2023. Gross profit for the year ended December 31, 2024, grew by 82%, reaching approximately $3.5 million compared to approximately $1.9 million for the year ended December 31, 2023.

    Mr. Israel Bar, Chief Executive Officer of Maris-Tech, said, “In 2024, we focused on new developments, strategic partnerships and expanding our presence in key markets. We strengthened our position in the defense sector, particularly in the miniature drone and unmanned aerial vehicles industry, and in armored vehicles and tanks. Among our key achievements, we launched the Uranus Drones – a miniature codec tailored for the drone industry – and introduced the Diamond System, which is already deployed in the battlefield, providing comprehensive protection for thousands of vehicles. We also increased our investment in marketing and business development in the United States, which has contributed to our accelerated growth.”

    Financial Highlights

    ●    Revenues: Revenues for the year ended December 31, 2024, were approximately $6.1 million, an increase of 51% compared to approximately $4 million for the year ended December 31, 2023.

    ●    Gross Profit: Gross profit for the year ended December 31, 2024, was approximately $3.5 million, an increase of 82% compared to approximately $1.9 million for the year ended December 31, 2023.

    ●    Net Loss: Net loss for the year ended December 31, 2024, was approximately $1.2 million, a decrease of 54% compared to approximately $2.7 million for the year ended December 31, 2023.

    ●    Net Loss per Ordinary Share: Net loss per ordinary share for the year ended December 31, 2024, was approximately $0.16, a decrease of 53% compared to approximately $0.34 for the year ended December 31, 2023.

    ●    Cash, Cash Equivalents and Short-Term Bank Deposits: Cash and cash equivalents and short-term bank deposits as of December 31, 2024, were approximately $2.3 million, compared to approximately $5.2 million as of December 31, 2023.

    ●    Trade Receivables Balance: Increased to approximately $3.5 million as of December 31, 2024, compared to approximately $3.0 million as of December 31, 2023.

    We expect that our existing cash and cash equivalents as of December 31, 2024, along with anticipated revenue from existing customers pursuant to existing orders and the availability of a $4 million line of credit, will be sufficient to fund our operations and meet our obligations for the next twelve months.

    Year Ended 2024 Highlights

    We strengthened our position in the defense and homeland security (“HLS”) markets, and accelerated revenue growth:

    ●    In January 2024, we secured a new purchase order for approximately $590,000 for an AI-based HLS and Defense Surveillance Application based on the Jupiter AI platform;

    ●    In February 2024, we received a purchase order for approximately $190,000 for a miniature low-power solution to enhance gun sight capabilities in tactical applications;

    ●    In February 2024, we received a repeat purchase order for approximately $600,000 with an option to increase the purchase order to approximately $730,000 to provide armored and autonomous vehicles with enhanced situational awareness;

    ●    In April 2024, we secured a new purchase order for $415,800 for a defense solution based on our Jupiter Nano platform;

    ●    In April 2024, we received a new purchase order for approximately $110,000 for a novel miniature intelligence-gathering product based on the Maris platform technology;

    ●    In June 2024, we received a new purchase order for $225,000 from Aero Sol military drone manufacturer for our Uranus-Drones solution;

    ●    In June 2024, we secured a repeat purchase order for approximately $957,000 for our situational awareness solution for Armored Vehicles;

    ●    In August 2024, we secured a $700,000 purchase order for innovative AI-Based Video Distribution Solution; and

    ●    In December 2024, we secured a $1 million purchase order from a U.S. repeat customer in the HLS industry for our advanced Jupiter-based video solution.

    Strategic Partnerships

    ●    In March 2024, we entered into a collaboration agreement with Renesas Electronics Corporation, one of the world’s largest semiconductor manufacturers, and we were accepted into the Renesas’ Preferred Partner Program; and

    ●    In June 2024, we entered into a collaboration agreement with LightPath Technologies, Inc. (Nasdaq: LPTH) (“LightPath”) for AI-Ready Infrared Cameras, providing AI accelerated hardware, software and algorithms for LightPath’s infrared cameras.

    New Products & Developments

    ●    In February 2024, we launched Emerald, a Jupiter-based multiple-channel high-definition and standard-definition raw video recording platform especially designed for defense armored vehicles;

    ●    In July 2024, we unveiled Diamond – a revolutionary defense 360° 3D Situational Awareness Solution for armored fighting vehicles;

    ●    In September 2024, we announced that our Amethyst Edge Computing video solution now supports 5G, enabling ultra-speed and high data transfer;

    ●    In September 2024, we enhanced our Diamond platform ability to combat airborne threats with Diamond Ultra; and

    ●    In December 2024, we completed the development of Uranus-Drones technology, which is now available for large-scale delivery.

    Expanded Global Awareness

    Maris-Tech strengthened our presence in the U.S. with the engagement of new sales representatives and increased participation in international defense and technology exhibitions, showcasing the Company’s cutting-edge solutions to a global audience.

    Backlog and Outlook

    Our backlog as of January 1, 2025, was approximately $9.8 million, which represents an increase from our backlog as of January 1, 2024, of approximately $9.76 million. Our backlog, as of March 28, 2025, was approximately $9.9 million.

    We define backlog as the accumulation of all pending orders with a later fulfillment date for which revenue has not been recognized, and we consider valid. The backlog consists of executed purchase orders from new customers and existing customers with which we have had long standing relationships and from governmental agencies.

    Mr. Bar concluded, “We remain committed to driving long-term growth by focusing on strategic innovation, expanding our market presence, and strengthening our relationships with global defense and homeland security customers. We believe that our pipeline of opportunities and strong order backlog position us well for continued growth in 2025 and beyond.”

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it is discussing: its growth in 2025 and beyond; expanding its market presence; strengthening its relationships with global defense and homeland security customers; future pipeline and opportunities; its backlog and the anticipated fulfillment of that backlog; the demand for its defense and AI-powered solutions; expanding its  presence in key markets; and its position in the defense sector, particularly in the miniature drone and unmanned aerial vehicles industry, and in armored vehicles and tanks. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the Company’s ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Company’s Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other filings with the SEC. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

    Nir Bussy, CFO
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network –

    March 31, 2025
  • MIL-OSI NGOs: People affected by violence and cholera in South Sudan arrive exhausted in Ethiopia

    Source: Médecins Sans Frontières –

    • In South Sudan’s Upper Nile state, people are affected by violence and cholera, causing them to seek safety across the border in Ethiopia’s Gambella region.
    • MSF teams are on both sides of the border, providing critical care to people.
    • Urgent support is needed to provide safe water, implement widespread cholera vaccination campaigns, and reinforce treatment capacity for both cholera patients and trauma cases. 

    A humanitarian crisis is rapidly unfolding on both sides of the South Sudan–Ethiopia border, as escalating violence, displacement and a widespread cholera outbreak are pushing communities to the brink, Médecins Sans Frontières (MSF) warns.

    Clashes between government forces and armed groups, which initially began in Upper Nile state, South Sudan, now risk spreading to other parts of the country. Across the border, Ethiopia’s Gambella region is experiencing the effects of this violence. According to the United Nations, approximately 10,000 displaced people have crossed into Ethiopia since the beginning of March.

    “We have already witnessed how this violence has fuelled the spread of cholera in several areas, but a larger, escalating conflict could push the entire country into an unprecedented humanitarian catastrophe,” says Zakaria Mwatia, MSF head of mission in South Sudan. “We urgently call on all parties to the conflict to ensure the protection of civilians, healthcare workers, and medical facilities, and to grant unhindered access for humanitarian and medical assistance, in line with international humanitarian law.”

    A map of MSF’s response on both sides of the border in March 2025.

    South Sudan has been grappling with cholera outbreaks across the country since last year. The latest wave, which began in Upper Nile state, is now spreading further into neighbouring Jonglei state, the Greater Pibor Administrative Area, and across the border into Ethiopia’s Gambella region, where MSF teams are working to treat patients amid the surge in cases.

    In Upper Nile state, MSF is treating people wounded in the violence and supporting cholera treatment facilities in Ulang, Malakal and Renk counties. In Jonglei state, MSF is responding in Lankien as well as in Akobo, where a 100-bed cholera treatment unit set up by MSF in Akobo County hospital has treated over 300 patients in just over two weeks. MSF is also responding in Pibor town in the Greater Pibor Administrative area. Since the beginning of March, MSF teams have treated over 1,000 cholera patients across South Sudan and received over 30 patients wounded in the violence.

    Ruach Riek Chuol was admitted to MSF hospital in Ulang with injuries he sustained in the violence. “My goods and property for my business were all burned inside the house,” he says. “Everything was destroyed in the fire, including the house where I was.”

    In Ethiopia’s Gambella region, MSF, in collaboration with the Ministry of Health, has treated over 560 cholera patients since the start of the response in early March, in its cholera treatment centre and units in Mattar, Moan and Burbeiye with a capacity of 100 beds. MSF is also running oral rehydration points and conducting water, sanitation, and hygiene and community-based activities including door-to-door cholera awareness and water purification efforts, reaching over 5,000 people across multiple locations. In addition to cholera treatment, MSF teams have also provided medical care to 160 patients wounded in the clashes in South Sudan. 

    A cattle market in close to MSF’s cholera treatment unit in Ethiopia’s Gambella region. Ethiopia, March 2025.
    Metasebia Teshome/MSF

    “I came here because back home in Nasir, people are being killed,” said a South Sudanese mother who recently arrived in Burbeiye, Ethiopia. “There was nothing to eat, and when we arrived at the areas where we took respite, my kids became sick. There were no health facilities that we could run to.”

    The situation is rapidly deteriorating as thousands fleeing violence in South Sudan are crossing the border to seek safety. In Wanthoa Woreda, a new encampment in Burbeiye has emerged almost overnight, with over 6,500 new arrivals reported by local administrators — many of them women, children, and the elderly, arriving after days of travel. 

    “The displaced people are arriving in Gambella with little more than what they can carry,” said Joshua Eckley, MSF head of mission in Ethiopia. “Our teams are responding to the cholera outbreak and providing care to those arriving exhausted and in poor condition. There are significant needs, and without additional support, the situation could worsen.”

    This crisis comes at a time when South Sudan and Ethiopia are facing major reductions in donor funding, including the recent USAID cuts. While MSF does not accept funding from the US government, the cuts in the humanitarian and health assistance would severely reduce capacity of other organisations to respond to such crises.

    “In places like Akobo in Jonglei state, the cholera response has been highly impacted by funding cuts, including closure of critical health services,” says Mwatia. “A number of mobile clinics have already shut down following US funding cuts, and some organisations that supported health facilities, including cholera treatment units, have suspended all activities. This is part of a broader trend across the country.”

    The healthcare system in South Sudan suffers from chronic underfunding, shortages of skilled health staff, medicines and supplies, and has limited capacity to respond to emergencies. The country, already struggling to meet its own medical and humanitarian needs, is further burdened by the arrival of over one million people fleeing war in neighbouring Sudan. Urgent support is needed to provide safe water, implement widespread cholera vaccination campaigns, and reinforce treatment capacity for both cholera patients and trauma cases. 

    “Disruptions in cholera treatment services, combined with reduced actors’ capacity to support oral vaccination campaigns, heighten the risk of further spread,” says Mwatia. “We urge donors to allocate emergency funds for emergency response in South Sudan and neighbouring Ethiopia amid this escalating crisis.”

    You could also be interested in

     

    South Sudan

    Three vaccinations that are critical to women’s health

    Project Update 7 Mar 2025

     

    South Sudan

    MSF strongly condemns armed attack on our healthcare workers in Nasir county

    Press Release 16 Jan 2025

     

    Conflict in Sudan

    Pregnant women face miscarriage and delivery complications in Darfur, Sudan

    Project Update 28 Mar 2025

    MIL OSI NGO –

    March 31, 2025
  • MIL-OSI Banking: Samsung Announces Partnership with Warner Bros. Pictures and Legendary Pictures’ “A Minecraft Movie”

    Source: Samsung

    LONDON, UK – 28th March 2025 – Today, Samsung Electronics Co, Ltd. announces its partnership with Warner Bros. Pictures’ “A Minecraft Movie”, the first-ever big screen, live-action adaptation of Minecraft, the best-selling video game of all time. Driven by a shared belief in the power of self-expression, the partnership seeks to inspire a new wave of creativity among consumers.
     
    “A Minecraft Movie” celebrates creativity, curiosity and limitless possibilities – values that are at the heart of Samsung’s innovation. Just as the film brings imagination to life, Samsung technology powers exploration and curiosity, enabling users to unleash their creativity and embrace their potential.
     
    With an ecosystem of interconnected products that seamlessly work together, Samsung technology continues to push the boundaries of innovation to equip users with the tools to unlock their unique creative expression.
     
    Transform sketches into polished digital masterpieces with Galaxy AI on the Galaxy S25 Ultra, or immerse in breathtaking visuals with the Neo QLED 8K TV‘s unparalleled clarity and vibrant colours. You can even discover your inner chef with new flavours and personalised recommendations from the Family Hub SpaceMax Smart Fridge Freezer.
     
    Whatever your next adventure, Samsung technology serves as a portal to a world of creative possibilities that empower users to embrace, curate and share their unique visions.
     
    Benjamin Braun, CMO Samsung Europe says: “Anchored in personalisation and providing tools that push the boundaries of what’s possible for creative expression, our latest partnership with ‘A Minecraft Movie’ is the perfect extension of Samsung’s long-established relationship with Warner Bros. Pictures. Our product ecosystem and AI technology empowers users to embrace their creative potential.”
     
    Dana Nussbaum, Executive Vice President, Warner Bros. Pictures Worldwide Marketing says: “We’re delighted to partner with Samsung on ‘A Minecraft Movie’. This collaboration is all about breaking new ground – harnessing the innovation at the core of the film to inspire creativity and spark imagination worldwide. Together, we’re empowering global audiences with the tools to push the boundaries of their creativity and share their stories in exciting, new ways.”
     

     

     
    With anticipation building ahead of the release, the official “A Minecraft Movie” movie trailer will be available exclusively on Samsung TVs in European retail stores for shoppers to view in breath taking 8k. Samsung is also launching a ‘Portal to a World of Deals’ in collaboration with “A Minecraft Movie” across 25 countries, featuring specials offers & bundles to celebrate this incredible partnership.
     
    To further bring this partnership to life, Samsung will be hosting a group of content creators at the “A Minecraft Movie” premiere on the 30th March. The exclusive event will showcase first-hand how Samsung technology, powered by Galaxy AI, serves as a gateway for self-expression and discovery, empowering consumers to explore their creative identities.
     
    Check out the “A Minecraft Movie” trailer here.
     
    Additional information about Samsung’s products can be found at samsung.com/uk/.

    MIL OSI Global Banks –

    March 31, 2025
  • MIL-OSI Global: AI is for the birds: How machine learning can help predict and manage avian flu outbreaks

    Source: The Conversation – Canada – By Rozita Dara, Assistant Professor, Computer Science, University of Guelph

    The active and ongoing global spread of avian influenza virus has impacted more than 14 million birds in Canada and 160 million in the USA.

    This recent outbreak has resulted in major economic losses, and a rise in egg prices in the past few years. This trend can cause disruptions in poultry supply chain and significant increases in the price of other poultry products.

    A virus like avian influenza is carried by birds, but it can “jump” species and infect livestock such as dairy or sheep or even pets like dogs and cats.




    Read more:
    Bird flu detected in Colorado dairy cattle − a vet explains the risks of the highly pathogenic avian influenza virus


    And most, if not all, human pandemic influenza viruses have had an avian origin in the past few decades. Experts warn it is only a matter of time before we face another pandemic threat.

    The good news is, we are better prepared than ever to meet that challenge. Not just because we have vaccines or treatments, although those are critical. But because we have something that can change the game entirely: artificial intelligence (AI).

    CBC News covers an outbreak of avian flu among Canadian geese in Prince Edward Island.

    Vast amounts of information

    AI can offer much in the way of advance pandemic information and planning. Remember the early days of COVID-19? What if we had more time to prepare? What if health officials had known weeks earlier where the virus was spreading, which neighbourhoods were most at risk, and what we needed to do to stop it?

    AI can analyze vast amounts of information, from wildlife health reports, geographical data, satellite images to social media trends, online content, farm data and even weather patterns to answer some questions about how, when and why pandemics happen. It spots patterns, anomalies and relationships humans cannot see in real-time.

    AI can alert monitors to where an avian influenza outbreak might occur before a region is impacted, how severe an outbreak might be and what type of intervention may be most effective. AI can help responders and governments act quickly, precisely and efficiently.

    Predicting outbreaks

    At the University of Guelph, my research team and I are working on AI solutions to help track and predict the avian influenza outbreaks. Our research — which is currently under review — has used AI to filter out misinformation about avian influenza from social media platforms and Reddit, as well as Google search data, and other online sources.

    This helps us understand public discussion about avian influenza. We have also combined these online activities with other data sources to monitor avian influenza online mentions and trends — we’ve found that AI can use this information to predict if an outbreak might occur in a specific area.

    With the availability of online and social media data, an outbreak surge can be predicted up to four weeks in advance in specific regions.

    Our research team has also created and tested decision support tools that use different types of information from wild bird reports, satellite images, climate change data and farm information. These tools help predict avian influenza outbreaks and how serious they might be in a certain area; through testing, we achieved an accuracy of 85 per cent.

    We’re currently in the process of building a Canadian tool to predict where bird flu might emerge, helping farmers and public health officials get ahead of outbreaks — this could mean the difference between a contained outbreak and a global crisis.

    More than a public health issue

    A sign warning hikers about an avian flu outbreak along the Skerwink Hiking Trail in Newfoundland.
    (Shutterstock)

    Avian influenza spreads through the food chain, wildlife and global trade. An outbreak in poultry can devastate agriculture and threaten our food security. Worse, it can jump to human populations with little warning.

    This issue is not just a public health issue. It is also an economic and social concern. But if we harness AI properly, we can give ourselves a better chance at combating these threats. We can predict where the next outbreak might come from and take action before it spreads.




    Read more:
    Soaring U.S. egg prices and millions of dead chickens signal the deep problems and risks in modern poultry production


    Using AI to predict avian flu outbreaks and spread can be applied to other situations, including other illnesses and the weather and environmental conditions that could contribute to disease spread.

    AI-based decision tools can also include augmented reality that enables the testing of thousands of hypothetical scenarios related to avian influenza. These include how outbreaks might spread, what the impacts of different intervention strategies could be, how changes in the economy and environment might occur, and how the supply chain could be impacted.

    We have the technology in our labs. But to make it work, we need strong partnerships between government, universities, farmers, industry and communities. We need to make sure that we generate high quality data, use the data ethically in a privacy-preserving manner, develop the AI tool responsibly and apply it fairly to ensure that no one is left behind.

    Rozita Dara receives funding from Ontario Ministry of Agriculture, Food and Agribusiness Alliance Tier I, funding and the University of Guelph’s Food from Thought.

    – ref. AI is for the birds: How machine learning can help predict and manage avian flu outbreaks – https://theconversation.com/ai-is-for-the-birds-how-machine-learning-can-help-predict-and-manage-avian-flu-outbreaks-252550

    MIL OSI – Global Reports –

    March 31, 2025
  • MIL-OSI USA: SPC Severe Thunderstorm Watch 85

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL5

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 85
    NWS Storm Prediction Center Norman OK
    445 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Northern and Central Alabama
    Far Northwest Georgia
    Northeast Mississippi

    * Effective this Monday morning from 445 AM until NOON CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…Multiple lines and clusters of thunderstorms are expected
    to spread eastward this morning across much of northern/central
    Alabama and into far northwest Georgia. Scattered severe/damaging
    winds should be the main threat with this activity, although
    isolated hail and perhaps a tornado or two may also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 25 miles northeast of
    Huntsville AL to 20 miles south southwest of Selma AL. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU5).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 81…WW 82…WW 83…WW
    84…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    SEL5

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 85
    NWS Storm Prediction Center Norman OK
    445 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Northern and Central Alabama
    Far Northwest Georgia
    Northeast Mississippi

    * Effective this Monday morning from 445 AM until NOON CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…Multiple lines and clusters of thunderstorms are expected
    to spread eastward this morning across much of northern/central
    Alabama and into far northwest Georgia. Scattered severe/damaging
    winds should be the main threat with this activity, although
    isolated hail and perhaps a tornado or two may also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 25 miles northeast of
    Huntsville AL to 20 miles south southwest of Selma AL. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU5).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 81…WW 82…WW 83…WW
    84…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW5
    WW 85 SEVERE TSTM AL GA MS 310945Z – 311700Z
    AXIS..75 STATUTE MILES EAST AND WEST OF LINE..
    25NE HSV/HUNTSVILLE AL/ – 20SSW SEM/SELMA AL/
    ..AVIATION COORDS.. 65NM E/W /51ENE MSL – 41WSW MGM/
    HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 27035.

    LAT…LON 34908514 32088583 32088839 34908779

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU5.

    Watch 85 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (10%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Low (20%)

    Probability of 1 or more hailstones > 2 inches

    Low (10%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News –

    March 31, 2025
  • MIL-OSI USA: GOVERNOR GREEN, DHHL AWARD MORE THAN 660 PROJECT LEASES IN WEST OʻAHU, MARKING HISTORIC MILESTONE FOR NATIVE HAWAIIAN FAMILIES

    Source: US State of Hawaii

    GOVERNOR GREEN, DHHL AWARD MORE THAN 660 PROJECT LEASES IN WEST OʻAHU, MARKING HISTORIC MILESTONE FOR NATIVE HAWAIIAN FAMILIES

    Posted on Mar 29, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF HAWAIIAN HOME LANDS

    KA ʻOIHANA ʻĀINA HOʻOPULAPULA HAWAIʻI

    JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

     

    KALI WATSON

    DIRECTOR

    KA LUNA HOʻOKELE

     

    KATIE L. LAMBERT

    DEPUTY DIRECTOR

    KA HOPE LUNA HOʻOKELE

    GOVERNOR GREEN, DHHL AWARD MORE THAN 660 PROJECT LEASES IN WEST OʻAHU, MARKING HISTORIC MILESTONE FOR NATIVE HAWAIIAN FAMILIES

    Dignitaries congratulate first West Oʻahu project lease recipient.

     

     

    FOR IMMEDIATE RELEASE

    March 29, 2025

    ʻEWA BEACH, OʻAHU – Nerves heightened and anticipation filled the room as more than 1,200 beneficiaries and their ‘ohana gathered at the Salvation Army Kroc Center in ʻEwa Beach. The group sat in eager anticipation while the Department of Hawaiian Home Lands (DHHL) prepared to announce the names of recipients for 665 project leases in West Oʻahu — the first such awards in more than 20 years.

    Most have waited decades. Some before statehood.

    “This is more than just awarding land; it’s about delivering on the promise of Prince Kūhiō and ensuring Native Hawaiian families have a permanent place to call home,” said Governor Josh Green, M.D. “Housing is healthcare — when people have stable, secure housing, their overall well-being improves. My administration is committed to making sure every family has that opportunity, and Saturday’s lease awards are a major step forward in that effort.”

    The leases, 605 in Kaʻuluokahaʻi and 60 in Kaupeʻa, represent a significant step toward homeownership. This initiative is part of DHHL’s comprehensive approach to addressing its long-standing waitlist by expediting homesteading opportunities.

    “These lease awards represent hope and progress,” said DHHL Director Kali Watson. “We are not just building homes; we are fostering communities. Our goal is to move as many beneficiaries as possible from the waitlist to the ʻāina, ensuring that Native Hawaiian families can create a legacy for future generations.”

    Unlike previous processes, beneficiaries secure a homestead lot prior to the completion of development. This approach gives families the chance to prepare for both financial and program requirements, thereby ensuring long-term stability and the opportunity to transfer their leases to eligible successors.

    “All my years living I’ve never experienced something like this, and I think this is the best,” said Roberta Akana, West O’ahu project lease awardee. “It’s magnificent.”

    “When we house Hawaiians, we house Hawaiʻi,” said Representative Darius Kila (House District 44 – Honokai Hale, Nānākuli, Māʻili). Kila’s grandmother, on the waitlist since 1988, also received a lease that day.

    Act 279, the department’s transformational $600 million allocation of general funds set forth in 2022 by the Hawaiʻi State Legislature, played a crucial role in the development of both homestead projects by providing the necessary infrastructure.

    A New Era for Hawaiian Homesteads

    The awards ceremony on Saturday, March 22, 2025, is the first of three major project lease distributions this year. DHHL will award an additional 400 leases in West Hawai‘i in April and nearly a thousand on Maui in the fall. The department’s ambitious plan aims to issue more than 6,000 project leases statewide over the next two years.

    Eighty-year-old Lani Sanborn Ahuna has been on the Oʻahu residential waitlist for 22 years and said he was overwhelmed when he heard his name called.

    “I cried. Uē, uē,” Sandborn Ahuna said. “I want to put my feet on the ʻāina no matter how old I am.”

    Following the issuance of the intended 665 project leases in Kaʻuluokahaʻi and Kaupeʻa, Watson called for the awarding of an additional 125 alternate leases: clearing the West Oʻahu project lease waitlist.

    “This initiative ensures that Native Hawaiian families not only receive land but also have the support and resources to turn it into a thriving homestead,” added Watson. “A house is more than four walls — it’s the foundation for health, education, and economic stability. Mahalo to Governor Green, our lawmakers, and our partners for making today possible.”

    Conducted the weekend before Prince Jonah Kūhiō Kalanianaʻole Day, Representative Diamond Garcia (House District 42 – Portions of Varona Village, ʻEwa, and Kapolei, Fernandez Village) paid tribute to Prince Kūhiō and the transformative impacts of project lease awards in his speech: “We honor [Prince Kūhiō] by doing the work.”

    Project leases provide a critical pathway to homeownership, offering options such as turnkey homes, owner-builder lots, and rent-to-own opportunities. Developers Gentry Homes and Mark Development, Inc. are working alongside DHHL to ensure that affordable, high-quality housing is available to beneficiaries.

    For more information about DHHL’s lease awards and upcoming projects, visit dhhl.hawaii.gov.

    # # #

    About the Department of Hawaiian Home Lands:

    The Department of Hawaiian Home Lands carries out Prince Jonah Kūhiō  Kalanianaʻole’s vision of rehabilitating native Hawaiians by returning them to the land. Established by U.S. Congress in 1921 with the passage of the Hawaiian Homes Commission Act, the Hawaiian homesteading program run by DHHL includes management of more than 200,000 acres of land statewide with the specific purpose of developing and delivering homesteading.

    Media Contact:

    Diamond Badajos

    Information and Community Relations Officer

    Department of Hawaiian Home Lands

    Cell: 808-342-0873

    Email: [email protected]

    MIL OSI USA News –

    March 31, 2025
  • MIL-OSI: Soitec confirms its excellence in innovation with progress up 2024 INPI patent ranking

    Source: GlobeNewswire (MIL-OSI)

    Soitec confirms its excellence in innovation with progress up 2024 INPI patent ranking

    Bernin (France), March 31, 2025 – Soitec (Euronext – Tech Leaders), a world leader in the design and production of innovative semiconductor materials, once again demonstrates its excellence in innovation through its rise in the 2024 ranking of patent filers published by the INPI (the French National Institute of Industrial Property).

    This recognition highlights Soitec’s unwavering commitment to innovation and confirms its central role in the development of disruptive technologies, driven by a global strategy and a network of research centers spread across several continents.

    For the first time, the patents filed originate from all of its innovation sites around the world, illustrating a collaborative approach that combines technological excellence with strong local roots.

    With 76 patents filed in France in 2024, compared to 62 the previous year, Soitec:

    • Confirms its 1st place among the most innovative mid-sized companies1, for the second consecutive year;
    • Rises to 22nd place nationally, up three places.

    This achievement reflects the strength of Soitec’s innovation strategy, driven by its research, technology, and intellectual property teams. The company protects its technological advances with a robust patent portfolio, securing its innovations and ensuring product differentiation in the market through the exclusivity of its innovations. With approximately 400 patents filed worldwide each year, Soitec has established itself as an essential technology leader.

    Pierre Barnabé, CEO of Soitec, stated:

    “This progress in the INPI ranking demonstrates Soitec’s unwavering commitment to innovation and intellectual property. Our teams continue to develop breakthrough solutions that address the strategic challenges of our industry. By strengthening our patent portfolio, we consolidate our leadership position and create value for our customers and partners worldwide.”

    Soitec’s continuous investments in R&D enable it to anticipate the needs of strategic markets and address the technological challenges of the future. With 14% of its revenue dedicated to R&D this year2, the company develops innovative materials that accelerate the transition to more efficient and sustainable solutions in the field of mobile communications, artificial intelligence, and power electronics.

    At the same time, Soitec continues to diversify its activities by introducing innovative new products. The company is at the forefront of Photonics-SOI technology, which facilitates the shift from electrical to optical interconnects – a key development for the evolution of data centers and telecommunications. Furthermore, Soitec’s SmartSiC™ silicon carbide wafers, produced using its patented SmartCut™ technology, enhance the performance and sustainability of power electronics applications, which are essential for electric mobility and the energy industry. Another example is Soitec’s POI (Piezoelectric On Insulator), an innovative substrate also manufactured using its SmartCut™ technology. It is based on a high-resistivity silicon substrate, topped with an embedded oxide layer and a thin layer of single-crystal piezoelectric material, making it particularly suitable for advanced applications in optoelectronics and telecommunications.

    Link to the full INPI report: 2024 Patent Filers Ranking

    *****

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 1 billion Euros in fiscal year 2023-2024. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of its 2,300 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Soitec has registered over 4,000 patents.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official

    # # #

    Media Relations: media@soitec.com

    Investor Relations: investors@soitec.com


    1 ETI (Entreprises de Taille Intermédiaire) in French
    2 Before capitalization (Universal Registration Document 2023-2024)

    Attachment

    • 20250331_PR_INPI

    The MIL Network –

    March 31, 2025
  • MIL-OSI: Aegon announces changes to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    The Hague, March 31, 2025 – Aegon today announces the nomination of David Herzog, Lori Fouché and Jay Ralph as new members of its Board of Directors at the company’s Annual General Meeting of shareholders (AGM) which will be held on June 12, 2025. 

    The Board intends to appoint David Herzog as Chair in the second half of 2025. Mr. Herzog will succeed William Connelly. To ensure a smooth transition, the Board will propose the reappointment of Mr. Connelly as a member for an additional year. Subsequently, Mr. Connelly will retire as Chair and member of the Board in the second half of 2025. 

    Mark Ellman, who joined Aegon’s Board in 2017 and whose second term will end in 2025, along with Jack McGarry, who joined the Board in 2021 and whose first term will end in 2025, will be nominated for reappointment at the AGM. Meanwhile, Dona Young, who joined Aegon’s Board in 2013 and whose third term concludes in 2025, will retire. 

    William Connelly commented: “We are delighted to propose David Herzog, Lori Fouché and Jay Ralph as new members of Aegon’s Board. We believe their expertise in insurance and asset management will strengthen the Board’s composition and support the company as we continue to execute our strategy and deliver value to our stakeholders. I would also like to take this opportunity to extend my heartfelt gratitude to Dona Young for her many contributions to Aegon. With her commitment, valuable insights and pragmatic approach, Dona has played an important role in Aegon’s transformation.” 

    David Herzog brings over forty years of life insurance and financial services experience to the Board. Currently serving as a member of the Board of Directors at MetLife, and as Chairman of the Board at DXC Technology, David’s extensive career includes key roles such as Chief Financial Officer and Executive Vice President at American International Group (AIG) from 2008 to 2016. Prior to this, Mr. Herzog was the Chief Financial Officer and Chief Operating Officer at American General Life, following its acquisition by AIG. He also held various executive positions at GenAmerica Corporation and Family Guardian Life, a Citicorp company, adding to his profound insight into the financial services industry.

    Lori Fouché brings over two decades of experience in the financial services industry and has extensive expertise in driving transformation and innovation. Most recently, Ms. Fouché served as Senior Executive Vice President and Advisor to the CEO of TIAA, a US-based provider of retirement and investment solutions, and as CEO of TIAA Financial Solutions. Prior to joining TIAA in 2018, she held several senior positions at Prudential Financial, including Group Head of Individual Solutions, President of Individual Annuities, and CEO of Group Insurance businesses. In addition to her executive roles, Ms. Fouché currently serves on the Board of The Kraft Heinz Company, a global food and beverage company, and Hippo Holdings, a property insurance provider and she is member of the Princeton University Board of Trustees.

    Jay Ralph has had a distinguished career in insurance and asset management including almost 20 years in leadership roles at Allianz SE, a global insurance and asset management company. Mr. Ralph was most recently a member of the Board of Management of Allianz SE and Chairman of both Allianz Asset Management and Allianz Life Insurance Company North America. He has also served on various boards of Allianz SE’s global subsidiaries across Europe and the Americas. Prior to this, he held several senior roles in the financial industry. Mr. Ralph currently sits on the Board of Swiss Re Group and the Siemens Pension Advisory Board. 

    The appointments are subject to shareholder approval and will be included in the agenda of the 2025 AGM, which will be published in May. Once elected by Aegon’s AGM, the appointments will be effective as of the end of that meeting. 

    Contacts

    About Aegon

    Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon’s portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint-ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company.

    Aegon’s purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.

    Forward-looking statements
    The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

    • Unexpected delays, difficulties, and expenses in executing against Aegon’s environmental, climate, diversity and inclusion or other “ESG” targets, goals and commitments, and changes in laws or regulations affecting us, such as changes in data privacy, environmental, health and safety laws;
    • Changes in general economic and/or governmental conditions, particularly in Bermuda, the United States, the Netherlands and the United Kingdom;
    • Civil unrest, (geo-) political tensions, military action or other instability in a country or geographic region;
    • Changes in the performance of financial markets, including emerging markets, such as with regard to:         
      • The frequency and severity of defaults by issuers in Aegon’s fixed income investment portfolios;
      • The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt securities Aegon holds;
      • The effects of declining creditworthiness of certain public sector securities and the resulting decline in the value of government exposure that Aegon holds;
      • The impact from volatility in credit, equity, and interest rates;
    • Changes in the performance of Aegon’s investment portfolio and decline in ratings of Aegon’s counterparties;
    • Lowering of one or more of Aegon’s debt ratings issued by recognized rating organizations and the adverse impact such action may have on Aegon’s ability to raise capital and on its liquidity and financial condition;
    • Lowering of one or more of insurer financial strength ratings of Aegon’s insurance subsidiaries and the adverse impact such action may have on the written premium, policy retention, profitability and liquidity of its insurance subsidiaries;
    • The effect of applicable Bermuda solvency requirements, the European Union’s Solvency II requirements, and applicable equivalent solvency requirements and other regulations in other jurisdictions affecting the capital Aegon is required to maintain;
    • Changes in the European Commissions’ or European regulator’s position on the equivalence of the supervisory regime for insurance and reinsurance undertakings in force in Bermuda;
    • Changes affecting interest rate levels and low or rapidly changing interest rate levels;
    • Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates;
    • Changes affecting inflation levels, particularly in the United States, the Netherlands and the United Kingdom;
    • Changes in the availability of, and costs associated with, liquidity sources such as bank and capital markets funding, as well as conditions in the credit markets in general such as changes in borrower and counterparty creditworthiness;
    • Increasing levels of competition, particularly in the United States, the Netherlands, the United Kingdom and emerging markets;
    • Catastrophic events, either manmade or by nature, including by way of example acts of God, acts of terrorism, acts of war and pandemics, could result in material losses and significantly interrupt Aegon’s business;
    • The frequency and severity of insured loss events;
    • Changes affecting longevity, mortality, morbidity, persistence and other factors that may impact the profitability of Aegon’s insurance products and management of derivatives;
    • Aegon’s projected results are highly sensitive to complex mathematical models of financial markets, mortality, longevity, and other dynamic systems subject to shocks and unpredictable volatility. Should assumptions to these models later prove incorrect, or should errors in those models escape the controls in place to detect them, future performance will vary from projected results;
    • Reinsurers to whom Aegon has ceded significant underwriting risks may fail to meet their obligations;
    • Changes in customer behavior and public opinion in general related to, among other things, the type of products Aegon sells, including legal, regulatory or commercial necessity to meet changing customer expectations;
    • Customer responsiveness to both new products and distribution channels;
    • Third-party information used by us may prove to be inaccurate and change over time as methodologies and data availability and quality continue to evolve impacting our results and disclosures;
    • As Aegon’s operations support complex transactions and are highly dependent on the proper functioning of information technology, operational risks such as system disruptions or failures, security or data privacy breaches, cyberattacks, human error, failure to safeguard personally identifiable information, changes in operational practices or inadequate controls including with respect to third parties with which Aegon does business, may disrupt Aegon’s business, damage its reputation and adversely affect its results of operations, financial condition and cash flows, and Aegon may be unable to adopt to and apply new technologies;
    • The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including Aegon’s ability to complete, or obtain regulatory approval for, acquisitions and divestitures, integrate acquisitions, and realize anticipated results, and its ability to separate businesses as part of divestitures;
    • Aegon’s failure to achieve anticipated levels of earnings or operational efficiencies, as well as other management initiatives related to cost savings, Cash Capital at Holding, gross financial leverage and free cash flow;
    • Changes in the policies of central banks and/or governments;
    • Litigation or regulatory action that could require Aegon to pay significant damages or change the way Aegon does business;
    • Competitive, legal, regulatory, or tax changes that affect profitability, the distribution cost of or demand for Aegon’s products;
    • Consequences of an actual or potential break-up of the European Monetary Union in whole or in part, or further consequences of the exit of the United Kingdom from the European Union and potential consequences if other European Union countries leave the European Union;
    • Changes in laws and regulations, or the interpretation thereof by regulators and courts, including as a result of comprehensive reform or shifts away from multilateral approaches to regulation of global or national operations, particularly regarding those laws and regulations related to ESG matters, those affecting Aegon’s operations’ ability to hire and retain key personnel, taxation of Aegon companies, the products Aegon sells, the attractiveness of certain products to its consumers and Aegon’s intellectual property;
    • Regulatory changes relating to the pensions, investment, insurance industries and enforcing adjustments in the jurisdictions in which Aegon operates;
    • Standard setting initiatives of supranational standard setting bodies such as the Financial Stability Board and the International Association of Insurance Supervisors or changes to such standards that may have an impact on regional (such as EU), national or US federal or state level financial regulation or the application thereof to Aegon, including the designation of Aegon by the Financial Stability Board as a Global Systemically Important Insurer (G-SII);
    • Changes in accounting regulations and policies or a change by Aegon in applying such regulations and policies, voluntarily or otherwise, which may affect Aegon’s reported results, shareholders’ equity or regulatory capital adequacy levels;
    • Changes in ESG standards and requirements, including assumptions, methodology and materiality, or a change by Aegon in applying such standards and requirements, voluntarily or otherwise, may affect Aegon’s ability to meet evolving standards and requirements, or Aegon’s ability to meet its sustainability and ESG-related goals, or related public expectations, which may also negatively affect Aegon’s reputation or the reputation of its board of directors or its management; and
    • Other risks and uncertainties identified in the Form 20-F and in other documents filed or to be filed by Aegon with the SEC.
    • Reliance on third-party information in certain of Aegon’s disclosures, which may change over time as methodologies and data availability and quality continue to evolve. These factors, as well as any inaccuracies in third-party information used by Aegon, including in estimates or assumptions, may cause results to differ materially and adversely from statements, estimates, and beliefs made by Aegon or third-parties. Moreover, Aegon’s disclosures based on any standards may change due to revisions in framework requirements, availability of information, changes in its business or applicable governmental policies, or other factors, some of which may be beyond Aegon’s control. Additionally, Aegon’s discussion of various ESG and other sustainability issues in this document or in other locations, including on our corporate website, may be informed by the interests of various stakeholders, as well as various ESG standards, frameworks, and regulations (including for the measurement and assessment of underlying data). As such, our disclosures on such issues, including climate-related disclosures, may include information that is not necessarily “material” under US securities laws for SEC reporting purposes, even if we use words such as “material” or “materiality” in relation to those statements. ESG expectations continue to evolve, often quickly, including for matters outside of our control; our disclosures are inherently dependent on the methodology (including any related assumptions or estimates) and data used, and there can be no guarantee that such disclosures will necessarily reflect or be consistent with the preferred practices or interpretations of particular stakeholders, either currently or in future.

    This document contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014). Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2023 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

    Attachment

    • 31032025_PR_Aegon announces changes to its Board of Directors

    The MIL Network –

    March 31, 2025
  • MIL-OSI: Nasdaq Verafin Report Finds that $750 Billion in Money Laundering and Illicit Funds Flowed Through Europe

    Source: GlobeNewswire (MIL-OSI)

    More than a Quarter of the Region’s Money Laundering Activity was Across Borders

    New Analysis of European Country-Level Data and Insights into Fraud Trends, Cross-Border Flows and Money Mule Activity

    ST. JOHN’s, Newfoundland and Labrador, March 31, 2025 (GLOBE NEWSWIRE) — Nasdaq Verafin has released its new report, Financial Crime Insights: Europe, that takes a deeper dive into the scale of financial crime across Europe. This report provides new analysis of the data from the 2024 Global Financial Crime Report, and industry insights from a survey of anti-financial crime professionals from across Europe, including the EU, UK, Nordic region and more.

    Financial crime in Europe is staggering in scale and inextricably linked to a global crisis that undermines financial systems, economies and communities around the world. An estimated $750 billion in illicit funds flowed through Europe’s financial system, representing 2.3% of total European GDP. Fraud also poses a substantial threat to Europe’s financial industry, with an estimated $103.6 billion in losses resulting from various scams and bank fraud scenarios.

    New insights from our research reveals that of all funds laundered across Europe, $194.9 billion was moved across borders, representing more than a quarter of the total estimates for money laundering activity in the region in 2023. With cross-border transactions increasing globally, pan-European and international financial flows are a significant vector for illicit activity.

    This expert analysis highlights the scale of financial crime across the region, which significantly impedes the growth and security of Europe’s financial system. The nefarious activities that underpin illicit flows, such as elder abuse, fraud scams, human trafficking, drug trafficking, and terrorist financing – have serious economic and societal impacts across Europe and around the world.

    “The time is now for industry stakeholders to work together to build on the positive momentum across Europe to deliver on a step change in the fight against financial crime. Criminals are not bound by banks, borders or regulations – so by aligning on shared goals, we can strengthen economies across the region and safeguard the wider financial system from harm,” said Stephanie Champion, Executive Vice President and Head of Nasdaq Verafin. “This report highlights the need for unified action to address both domestic and cross-border risks, fostering a safer financial system for all.”

    Financial Crime Insights: Europe provides authoritative research findings and industry perspectives that define notable trends and priorities within the financial sector across the UK, EU, and Nordics. Additionally, it underscores opportunities for stakeholders within the European financial industry to align their priorities for financial crime prevention, collaborate across sectors and borders, and expedite innovation through advanced technology. Innovative solutions and data-driven strategies will be crucial for enhancing anti-money laundering and fraud prevention efforts, ultimately ensuring a more secure financial ecosystem in Europe.

    Nasdaq Verafin has been a partner to the financial industry for decades and provides an industry-leading suite of cloud-based financial crime management solutions that support banks in preventing fraud and uncovering money laundering. Today, more than 2,600 financial institutions representing $10 trillion in assets use Nasdaq Verafin to fight crimes such as scams, elder financial exploitation, human trafficking, and terrorist financing. Nasdaq Verafin’s unique consortium data approach delivers insights into counterparty risk to reduce false positives and significantly improve payments fraud detection. Its AI-driven solutions help banks automate compliance processes for efficiency and delivers highly targeted AML analytics for specific financial crime typologies and ultimately improves the effectiveness of anti-financial crime efforts.

    This report focuses on financial crime trends and perspectives in Europe, EU, the UK and the Nordic region and was produced by Nasdaq Verafin in collaboration with Celent Research and Oliver Wyman.

    The full report can be found at https://verafin.com/financial-crime-insights-europe/.

    About Nasdaq Verafin

    Nasdaq Verafin provides cloud-based Financial Crime Management Technology solutions for Fraud Detection, AML/CFT Compliance, High-Risk Customer Management, Sanctions Screening and Management, and Information Sharing. More than 2,600 financial institutions globally, representing nearly $10T in collective assets, use Nasdaq Verafin to prevent fraud and strengthen AML/CFT efforts. Leveraging our unique consortium data approach in targeted analytics with artificial intelligence and machine learning, Nasdaq Verafin significantly reduces false positive alerts and delivers context-rich insights to fight financial crime more efficiently and effectively. To learn how Nasdaq Verafin can help your institution fight fraud and money laundering visit www.verafin.com or call 1-877-368-9986.

    Media Relations Contacts:

    Europe:
    Hampus Stenberg
    +46 73 449 6431
    hampus.stenberg@nasdaq.com

    North America:
    Melanie Stead
    (709) 330-8005
    melanie.stead@nasdaq.com

    NDAQG

    The MIL Network –

    March 31, 2025
  • MIL-OSI: Large European and US organizations are prioritizing reindustrialization investments over short-term profitability

    Source: GlobeNewswire (MIL-OSI)

    Press contact: 
    Florence Lièvre  
    Tel.: +33 1 47 54 50 71  
    Email: florence.lievre@capgemini.com

    Large European and US organizations are prioritizing reindustrialization investments over short-term profitability

    • To mitigate concerns over supply chain pressures, rising tariffs and trade disputes, cumulative investments within and outside of domestic markets projected to reach $4.7 trillion over the next three years, up from $3.4 trillion in 2024
    • More than half have invested in nearshoring or reshoring their manufacturing over the past year, with 35% planning to increase investments in nearshoring in 2025 to diversify their manufacturing
    • Friendshoring, in terms of sourcing and production, is poised to become a key route forward for nearly three quarters of organizations

    Paris, March 31, 2025 – The 2025’ edition of the Capgemini Research Institute’s report, ‘The Resurgence of manufacturing: Reindustrialization strategies in Europe and the US’, published today, shows that large organizations across the US and Europe are intensifying their focus on reindustrialization to mitigate concerns over supply chain pressures, rising tariffs and trade disputes. The reconfiguration of global supply chains and manufacturing capacity, including ‘reshoring’ and ‘nearshoring1production, as well as diversification, is being strategically prioritized over short-term profitability. Nearly 60% of executives are determined to continue their efforts despite higher costs and most organizations (65%) are reducing reliance on Chinese products. Instead, they are planning to invest in ‘friendshoring’1over the next three years to de-risk their supply chains.

    According to the survey conducted from January 1st to 20th, 2025, market tensions are driving large European and US organizations to accelerate their plans to diversify their manufacturing and supply chains: two thirds have an active or in-progress reindustrialization strategy – up from 59% in 2024.

    “After decades of globalization, the imperative to reindustrialize is clear. Organizations are intensifying their efforts to de-risk and diversify their manufacturing and supply chains through friendshoring to reinforce proximity to markets,” said Aiman Ezzat, Chief Executive Officer at Capgemini. “Complexities and costs involved in re-orchestrating supply chains are not being underestimated. Business leaders are investing to navigate the unpredictable macro-environment and drive long-term competitiveness, taking advantage of advanced technologies. In an evolving global landscape, regional collaboration with suppliers, technology providers and policymakers will be key to build a resilient and adaptable manufacturing ecosystem.”

    Rising tariffs and strain on supply chains drive reindustrialization
    Supply chain resilience, geopolitical concerns, and a desire to be closer to customers emerge as the top drivers of reindustrialization. Supply chain pressure is cited by an overwhelming majority (95%) of executives, a significant increase from 69% in 2024. The desire to be closer to customers is cited for the first time, arriving in second position (92%).

    Rising tariffs are further exacerbating supply chain challenges, with 93% of executives expressing concerns about their impact. Reindustrialization is increasingly viewed as a strategic response to the geopolitical environment – notably for battery/energy storage manufacturing, automotive and telecom – with more than half of executives across regions stating that tariffs are accelerating their reshoring and reindustrialization efforts.

    Executives acknowledge the complexity and cost of reindustrialization. More than six in ten (62%) expect rising capital costs in the next three years but half foresee reduced logistics and supply chain costs within the same period thanks to greater proximity to customers. In addition, nearly two-thirds still view the domestic skills gap as a major challenge, showing no improvement from 2024.

    Nearshore and friendshore manufacturing to surge in the next three years
    Over the past year, business leaders across sectors say that they have intensified their strategy to relocate their production and supply chain with more than half (56%) having invested in either nearshoring or combined reshoring and nearshoring of their manufacturing, up from 42% in 2024. This trend is predicted to continue. In the next three years, onshore and nearshore operations are expected to rise to account for 48% (up 7 percentage points) and 24% (up 2 percentage points) respectively, of total manufacturing capacity.

    According to the report, ‘friendshoring’ is poised to become a key route forward for most organizations (73%) in terms of sourcing and production. It is expected to account for 41% of total manufacturing capacity in the next three years, up from 37% in 2024. More than eight in ten (82%) executives indicate that they plan to reduce supply chain reliance on China, a significant increase from 58% in 2024. Organizations surveyed have instead targeted reindustrialization destinations in North America, UK, Mexico, Vietnam, India and North Africa.

    Advanced technologies to accelerate reindustrialization while driving innovation and reducing costs
    Most organizations (62%) are focusing on upgrading manufacturing facilities to make them smart and tech enabled. Over half of them have realized more than 20% cost savings through digital technologies in their reindustrialization efforts and a large majority (84%) plan to invest in advanced manufacturing technologies to further reduce costs.

    More than 6 in 10 organizations are looking at critical technologies like data and analytics and AI/Machine Learning to support reindustrialization in the next three years. Organizations are also considering emerging technologies such as Gen AI and 5G & Edge computing; blockchain and digital twins; and quantum technologies.

    In addition, nearly three quarters (73%) of organizations foresee that reindustrialization will help catalyze a shift toward sustainable and eco-friendly manufacturing practices, a significant increase from 56% in 2024.

    To read the full report: LINK

    Report Methodology
    During January 1-20, 2025, the Capgemini Research Institute surveyed 1,401 executives employed at organizations with more than $1 billion in annual revenue, across the US, the UK, and continental Europe (France, Germany, Italy, the Netherlands, the Nordics, and Spain). Organizations surveyed operate across 13 key industrial and manufacturing industries. Executives surveyed were at director level and work across diverse business, technology, and manufacturing-related functions. The Capgemini Research Institute also interviewed supply chain and manufacturing executives and experts at large organizations globally.

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

    Get The Future You Want | www.capgemini.com

    About the Capgemini Research Institute
    The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was ranked #1 in the world for the quality of its research by independent analysts for six consecutive times – an industry first.

    Visit us at https://www.capgemini.com/researchinstitute/


    1 In this research, reshoring is defined as bringing manufacturing/production back to the domestic market/country of headquarters. Nearshoring is defined as moving manufacturing/production to a nearby or neighboring country. Friendshoring is a growing trade practice where supply chain networks are focused on countries regarded as political and economic allies, to further reduce risk exposure.

    Attachments

    • 2025_03_31_Capgemini_Press release_Reindustrialization of Europe and The US report_2nd edition
    • Capgemini-Infographic-Reindustrialization of Europe and The US report_2nd edition

    The MIL Network –

    March 31, 2025
  • MIL-OSI: Ambarella Debuts Next-Generation Edge GenAI Technology at ISC West, Including Reasoning Models Running on its CVflow® Edge AI SoCs

    Source: GlobeNewswire (MIL-OSI)

     SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced during the ISC West security expo that it is continuing to push the envelope for what is possible with generative AI at the edge. As a leading supplier of edge AI systems-on-chip (SoCs), Ambarella recently achieved the milestone of 30 million cumulative units shipped. The company is reinforcing that business and technology leadership with live demonstrations at this week’s show of its latest cutting-edge GenAI and vision AI capabilities.

    The new demonstrations highlight Ambarella’s ability to enable scalable, high-performance reasoning and vision AI applications across its ultra-efficient, edge-inference CVflow® 3.0 AI SoC portfolio, which now supports most of the leading GenAI models from 0.5 to 34 billion parameters. In particular, the company will debut live demonstrations of the DeepSeek GenAI models running on three different price/performance levels of its SoC portfolio. These new demos, along with its advanced multi-stream video analysis demonstrations, exemplify how Ambarella is pushing the boundaries of real-time, AI-powered security and analytics by running state-of-the-art (SOTA) vision language models (VLMs), for both on-device and centralized on-premise AI hub applications with exceptional multimodal video intelligence.

    These demonstrations further illustrate how Ambarella is bringing advanced reasoning capabilities to real-world applications without requiring cloud processing. Additionally, the scalable AI performance across its large portfolio of edge AI SoCs ensures that customers can deploy the same AI models across different product tiers, from high-performance computing to ultra-low-power inference.

    “In addition to providing the industry’s best AI performance per watt, Ambarella stands apart from most competitors, which offer impractical stand-alone AI accelerators that act as add-ons to a main processor,” said Fermi Wang, President and CEO of Ambarella. “While we are continuing to enable advancements in GenAI processing at the edge, we also remain steadfast in our hallmark differentiators of not merely providing the proprietary CVflow AI accelerator, now in its third generation. Instead, we also integrate image processing, encoding and system-level functions into all of our AI SoCs, which is why our customers have been able to so rapidly deploy 30 million-plus Ambarella edge AI SoCs in the market, to date.”

    Another area of focus for Ambarella is on making it easy for edge AI developers to get started. As the latest example of those investments, the company will demonstrate at ISC West its complete AI Model Garden—a vital and growing component of its Cooper™ Developer Platform. Additionally, several companies from Ambarella’s robust developer ecosystem will provide hardware and software demonstrations of what can be achieved with Ambarella’s SoCs, by taking full advantage of their superior AI performance per watt.

    The following are additional highlights from some of Ambarella’s key demonstrations at ISC West this week:

    • DeepSeek 3-in-1 GenAI Reasoning: This demonstration runs the DeepSeek R1 QWen 1.5B model on the CV7 SoC family and DeepSeek R1 QWen 7B on the N1 SoC family, showcasing Ambarella’s seamless scalability for processing reasoning models across its CVflow 3.0 edge AI SoC portfolio.
    • Multi-stream, Multi-channel Video Decoding with Visual Analytics Powered by CLIP & LLaVA One-Vision Models on Cooper Kits: As an example of on-premise centralized AI processing, this set of AI-box demonstrations run real-time CLIP models on multiple video streams in parallel, as well as SOTA VLMs, which enable in-depth video analysis via a chat-based interface, allowing users to query specific insights on any of the multiple streams.
    • On-Device Generative AI in a Camera, Along with Deeper Insights in an AI Box: A multi-agent, multi-chip demonstration supporting VLMs and reasoning models with up to 1.5B parameters on-device, as well as deeper insights locally on an AI box, providing visual insights and event alerts in real-time without needing the cloud, thereby preserving privacy and keeping TCOs lower.

    To put these demonstrations in context, smart security and surveillance can use their capabilities for real-time video analysis, anomaly detection and AI-driven event monitoring. Retail and commercial analytics applications can take advantage of the AI-powered vision insights to understand customer behavior, optimize store layouts and improve loss-prevention strategies. Public safety and law enforcement can use these technologies to rapidly search and analyze surveillance footage, reducing investigation times and improving responses to security threats. Additionally, industrial-monitoring applications can implement AI-driven tracking of operational efficiency and safety compliance, while gaining predictive maintenance insights that reduce downtime and optimize workflows.

    To schedule a tour of these demonstrations during Ambarella’s invitation-only exhibition at ISC West in Las Vegas this week, please contact your Ambarella representative.

    About Ambarella
    Ambarella’s products are used in a wide variety of human vision and edge AI applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving and robotics applications. Ambarella’s low-power systems-on-chip (SoCs) offer high-resolution video compression, advanced image and radar processing, and powerful deep neural network processing to enable intelligent perception, fusion and planning. For more information, please visit www.ambarella.com.

    Ambarella Contacts

    All brand names, product names, or trademarks belong to their respective holders. Ambarella reserves the right to alter product and service offerings, specifications, and pricing at any time without notice. © 2025 Ambarella. All rights reserved.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ef414b67-7f61-4236-96c8-875f0bf7c3eb

    The MIL Network –

    March 31, 2025
  • MIL-OSI Economics: Samsung To Launch Bespoke AI Jet Ultra, the Most Powerful Cordless Stick Vacuum Cleaner in the World

    Source: Samsung

    ▲ Bespoke AI Jet Ultra in a hallway
     
    Samsung Electronics today announced the global rollout of the Bespoke AI Jet Ultra, the world’s most powerful cordless stick vacuum cleaner,1 which was unveiled at the Welcome to Bespoke AI global event held this month. Featuring the upgraded AI Cleaning Mode 2.0 and advanced HEPA filtration system, this latest innovation builds on Samsung’s leadership in smart home cleaning appliances.
     
    “Samsung has proven its next level innovation in the cordless stick vacuum cleaner segment by launching the most powerful model in the world,” said Jeong Seung Moon, EVP and Head of the R&D Team for Digital Appliances Business at Samsung Electronics. “Building on the previous achievement of the Bespoke Jet AI, which was the world’s first UL verified AI-powered cordless stick vacuum cleaner,2 we’re confident that this new model will be a true game changer in the global market.”

     
     
    Clean Thoroughly With the World’s Most Powerful Suction Power
    ▲ Bespoke AI Jet Ultra in a living room
     
    The Bespoke AI Jet Ultra boasts suction power of up to 400W3 to tackle even the toughest cleaning tasks. The HexaJet Motor is the key component that generates high suction power. Its unique Hexagon stator structure with a second-stage diffuser and an impeller with the reduced thickness improve airflow and increase motor efficiency, thus enabling up to 400W of suction power. Plus, the motor allows the vacuum cleaner to run for up to 100 minutes on one battery when using Min mode,4 so users can clean their whole house in one go.

     
     
    Intelligent Cleaning Support Through AI Cleaning Mode 2.0
    ▲ Bespoke AI Jet Ultra in a dress room
     
    The Bespoke AI Jet Ultra also introduces the upgraded AI Cleaning Mode 2.0.5 By sensing the brush load and vacuuming air pressure, this mode can classify a total of six different cleaning environments6 using Samsung’s AI Optimum Tech and automatically adjust the cleaning performance. When using the Active Dual Brush, it can recognize whether a carpet is normal or long-pile. The vacuum cleaner senses corners7 with the Slim LED Brush+, as well. And by adjusting the suction power and brush speed8 for the different cleaning environments, it uses power more efficiently, reducing battery power use by 21% and increasing maneuverability by 8% with performance akin to Mid mode.9

     
     
    Advanced HEPA Filtration System
    Complementing this powerful and intelligent experience, Samsung has enhanced the filtration system to ensure dust particles are captured when air is expelled from the vacuum cleaner. The Bespoke AI Jet Ultra features a Multi-layered Filtration system that effectively traps fine dust.10 When air comes in, internal compartments like the cyclone and a metal mesh grille filter catch dust particles in succession. As a result, it achieves a filtration efficiency of 99.999%.11

     
    Another distinctive benefit is that Samsung has implemented HEPA filtration into its Multi-layered Filtration system. With this system, the Bespoke AI Jet Ultra captures dust particles as small as 0.3µm, allowing less dust12 to escape into the air.
     
     
    1 Based on testing by SLG Prüf- und Zertifizierungs GmbH, in accordance with the IEC 62885-4 Cl.5.8 standard, using a handheld type vacuum cleaner (with no brush) in Jet mode. The results were compared to cordless stick vacuum models available on the market with a stated suction power within 30% of the actual suction power of the Samsung model tested by SLG. Based on sales data between January 2024 and December 2024 as compiled by an independent market research institute.2 In May 2023 it was the first cordless stick vacuum cleaner to receive AI certification from UL Solutions, a leading independent safety science organization.3 Based on testing by SLG Prüf- und Zertifizierungs GmbH, in accordance with the IEC 62885-4 Cl.5.8 standard. Measured at the inlet of the non-motorized tool when the dustbin is empty, using Jet Mode and a large capacity battery that is fully charged. Lasts up to 1 min.4 The stated run time applies when using a large capacity battery (3970mAh) and the minimum power level with a non-motorized tool attached. Results may vary depending on actual usage.5 The updated functions of AI Cleaning Mode 2.0 can be activated after registering the stick vacuum cleaner on the SmartThings App. The operation of AI Cleaning Mode 2.0 may be limited in certain environments, such as when the All-in-one Clean Station is unplugged or Wi-Fi connection is unstable or the Bluetooth connection status between the stick vacuum cleaner and the All-in-one Clean Station is unstable. If AI Cleaning mode 2.0 does not work frequently, please move the All-in-one Clean Station to a space without obstacles nearby. To enable continuous function updates, users should keep the Wi-Fi in the house on at all times.6 The ability to identify different cleaning environments and the time it takes to change the settings can be affected by environmental conditions.7 Corner and floor-wall joint detection only operates in hard floor environments. “Corner” refers to the area where two flat and closed walls meet. The suction power increases about 2-3.5 seconds after the brush is pressed against the wall. If the brush contacts only one side of the corner or if there is a gap in the corner, it may not be recognized as a corner, and the recognition accuracy and reaction speed may vary depending on the wall shape and actual usage environment.8 The brush rotation speed (rpm) can only be adjusted when using the Active Dual Brush.9 Based on internal testing when using the Slim LED Brush+, in accordance with the global average ratio of the floor composition – wooden floor 76% and carpet 24%. It achieves the same cleaning performance as Mid mode with 2% or less difference in cleaning efficiency, in accordance with the IEC 62885-2 Cl. 5.1 and 5.4 standard. The battery consumption was measured based on the actual amount of power consumed while using the vacuum cleaner for 35 minutes from a fully charged state. The maneuverability is based on the actual measured value in accordance with the IEC 62885-2 Cl. 7.3.9 standard. Results may vary depending on the actual usage conditions.10 Refers to dust particles in the size range of 0.5 to 4.2µm.11 Based on internal test in accordance with the IEC 62885-2 Cl. 5.11 standard, using Jet Mode. Results may vary depending on actual usage.12 Based on testing by SGS-IBR Laboratories, in accordance with the ASTM F3150 standard, using Jet Mode. Results may vary depending on actual usage. Compared to our non-HEPA filter model. Refers to dust particles with the size of 0.3µm or above.

    MIL OSI Economics –

    March 31, 2025
  • MIL-OSI Economics: Samsung Expands Its Smart Laundry Offerings With Bespoke AI Laundry Vented Combo

    Source: Samsung

    ▲ Bespoke AI Laundry Vented Combo_Dark Steel
     
    Samsung Electronics today announced the addition of the Bespoke AI Laundry Vented Combo1 — an All-in-One Washer and Electric Dryer with a 7-inch AI Home touchscreen – to its lineup of Bespoke AI Laundry appliances. The combined unit eliminates the need to transfer laundry between washing and drying, while also bringing fast drying performance and intelligent functionality that makes laundry remarkably convenient.
     
    Samsung has continued to innovate in the laundry room to offer consumers a wide array of washer and dryer models for spaces of all sizes and layouts. The Bespoke AI Laundry Ventless Combo was a standout in 2024, as it raised the bar for all-in-one washer-dryers by eliminating the common performance sacrifices associated with the format. The new Bespoke AI Laundry Vented Combo builds on its innovation and success, giving consumers another stylish and convenient space-saving option.
     
    “At Samsung, our mission is to create smart home solutions that make life easier, more efficient and more sustainable, elevating home space to the next level in both performance and style,” said Jeong Seung Moon, EVP and Head of R&D Team for Digital Appliances Business at Samsung Electronics. “The Bespoke AI Laundry Vented Combo brings exceptional time-saving efficiency to the laundry room in a compact all-in-one solution.”
     
     
    Convenient, Time Saving Functionality
    ▲ Bespoke AI Laundry Vented Combo_SuperSpeed
     
    The Bespoke AI Laundry Vented Combo is a powerful model that washes and dries clothes completely in a single machine in just 68 minutes2 when using the Super Speed cycle. Its roomy 5.3 cu. ft. Ultra Capacity drum lets users do more laundry in a single load, and its vented design uses the internal heater and fan to move hot air through clothes and vent out moisture, ensuring clothes are always dried quickly and thoroughly. For even more convenience, the Vented Combo can simply swap out the currently installed washer and electric vented dryer.
     
    And with Samsung’s AI Bubble technology, users can enjoy clean clothes, cycle after cycle. Water, air and detergent combine to create a cleansing foam that seeps into fabrics for an effective wash. To tackle tough stains without spending time pretreating them, the Steam Wash cycle comes into action. The drum releases steam to thoroughly saturate every item in the load and ensure an effective deep clean.
     
     
    Effortless Operation
    ▲ Bespoke AI Laundry Vented Combo_Lifestyle
     
    Like the other products in Samsung’s Bespoke AI Laundry lineup, the Vented Combo automates the process of washing and drying clothes, streamlining laundry routine and making it faster, easier experiences. Its intuitive 7-inch AI Home display is simple to use and gives a quick access to the Combo’s settings for effortless operation. And for those busy moments when the user is multi-tasking or has their hands full, convenient Voice Control capabilities let them give commands to turn the Combo on or off, access settings and more.3
     

    Samsung’s AI Opti Wash & Dry technology uses powerful AI sensors to detect soil levels and fabrics, automatically adjusting settings as needed during the cycle to deliver a better wash and dry.4 For added convenience, the Flex Auto Dispense System automatically dispenses up to 47 loads5 of detergent — or users can choose to split the compartment, so it dispenses up to 34 loads of fabric softener and 25 loads of detergent. And when the clothes are finished drying, the Auto Open Door pops open, allowing leftover moisture to evaporate, preventing unpleasant, musty odor so clothes are fresh and dry when taken out.

     
    And with built-in Wi-Fi connectivity, users can also get end-of-cycle alerts and remotely start, stop or delay the Combo from their mobile phone, using the SmartThings app.6
     

    Innovations To Improve Energy Efficiency
    ▲ Bespoke AI Laundry Vented Combo_Lifestyle1
     
    The Bespoke AI Laundry Vented Combo is engineered for seamless sustainable living. As an ENERGY STAR® Certified washer-dryer, it has been recognized by the U.S. Environmental Protection Agency (EPA) for delivering energy efficiency along with the latest in technological innovation.7
     
    SmartThings Energy allows them to monitor power consumption and estimate their monthly electricity bill for improved control over their energy usage.8 They can also turn on AI Energy Mode9 to have the Vented Combo automatically optimize its energy consumption and reduce usage by up to 30%.10 The Vented Combo is also equipped with Samsung’s Less Microfiber cycle setting, which allows users to gently clean synthetic textiles while reducing 39% of microfibers released into the ocean.11

     

    Availability and Pre-Orders
    Samsung’s Bespoke AI Laundry Vented Combo comes in two premium colors — Dark Steel and Brushed Black for the U.S. consumers. Only the Brushed Black is available in Canada and the Dark Steel in Mexico. For those who prefer the ventless version, the Bespoke AI Laundry Ventless Combo with Heat Pump is available in Dark Steel.
     
    The Bespoke AI Laundry Vented Combo is now available for pre-order in the U.S. and will be available in Canada and Mexico in 2Q of 2025.
     
     
    1 Among 27″ combo washer/dryers. Sold only in USA, Canada and Mexico.2 Based on using a Super Speed cycle only with a 10 lb. DOE load (cotton 50% + polyester 50%). Individual results may vary based on actual load content.3 Available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required. Bixby availability may vary depending on the country. Bixby only recognizes certain accents and dialects of English (U.K.), English (U.S.), English (India), French (France), German (Germany), Italian (Italy), Korean (South Korea), Mandarin Chinese (China), Spanish (Latin America), Spanish (Spain) and Portuguese (Brazil).4 Fabric sensing operates for 8 lbs (3.6kg) and under. Based on AI algorithm using IEC 8 lbs (3.6kg) load. To prevent wear, wash like fabrics together. Results may vary.5 Expected number of loads: Detergent compartment can hold general detergent for up to 25 loads. Flex compartment can hold one of the following: softener for up to 34 loads, general detergent for up to 22 loads or specialty detergent for up to 29 loads. Actual results may vary depending on individual use.6 Available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required.7 Visit www.energystar.gov for more information on ENERGY STAR® guidelines.8 Available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required.9 Can be applied on Towels, AI Opti Wash & Dry , Heavy Duty, Super Speed, Small Load cycle only when the selected washing temperature is ‘hot.’ Applicable to wash only.10 Based on internal testing with IEC 8lbs. (3.6kg) load except for Small Load cycle [IEC 4lbs. (1.8kg) load]. Results may vary depending on the actual usage conditions.11 Based on testing by the Ocean Wise Plastics Lab using a 2kg load of 100% polyester hoodies, comparing the Synthetics cycle on a Samsung conventional model 27″ washing machine with US design and the Less Microfiber cycle. Results may vary depending on the actual clothes and usage conditions. Applicable to wash only.

    MIL OSI Economics –

    March 31, 2025
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