Category: Artificial Intelligence

  • MIL-OSI: Eos Energy Enterprises Announces Date for Fourth Quarter and Full Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced it will release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 4, 2025. A conference call to discuss its results will take place the following morning on March 5 at 8:30 a.m. Eastern Time.

    Eos is now partnering with Say Technologies to allow retail and institutional shareholders to submit and vote on questions ahead of the earnings call. A selection of key questions applicable to the broad investor base will be addressed live during the call, offering shareholders an opportunity to engage with Eos management.

    Starting on February 25, 2025, at 8:00 a.m. ET, registered shareholders will be able to submit questions via the Say Technologies Q&A Platform, which will remain open until 8:00 a.m. ET on March 3, 2025. For any support inquiries shareholders may email support@saytechnologies.com.

    Registration Information

    The live webcast of the earnings call will be available on the “Investor Relations” page of the Company’s website at Eos Investors or may be accessed using this link (registration link). To avoid delays, we encourage participants to join the conference call fifteen minutes ahead of the scheduled start time.

    The conference call replay will be available via webcast through Eos’ investor relations website for twelve months following the live presentation. The webcast replay will be available from approximately 11:30 a.m. ET on March 5, 2025, and can be accessed by visiting Eos Investors

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our path to profitability and strategic outlook, statements regarding our capital needs to support project AMAZE, statements regarding the anticipated use of proceeds from the delayed draw term loan with Cerberus, and statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future, including the discretionary revolving facility from Cerberus; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; uncertainties around our ability to meet the applicable conditions precedent to funding under the DOE loan; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; risks resulting from the impact of global pandemics, including the novel coronavirus, Covid-19; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

    The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network

  • MIL-OSI: John Snow Labs to Present Latest Advances in Healthcare Generative AI at HIMSS 2025

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., Feb. 18, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the AI for healthcare company, today announced the details of its participation at the 2025 HIMSS Global Health Conference & Exhibition, taking place from March 3-6 in Las Vegas. The company’s CEO David Talby will speak about new, state-of-the-art capabilities in healthcare AI with partners Databricks, Carahsoft, and AWS, respectively.

    The largest gathering of healthcare technology professionals worldwide, HIMSS brings together more than 30,000 attendees to discuss global health topics shaping the next generation of healthcare. John Snow Labs will join partners on the show floor to demonstrate its part in this ecosystem in the following sessions:

    3pm PT, Tuesday, March 4: Unifying Multimodal Patient Data with Medical LLMs (Databricks booth #4360)
    This talk will explore a new capability that transforms diverse clinical data (EHR, FHIR, notes, and PDFs) into a unified patient timeline, enabling natural language question answering. Combining healthcare-specific LLMs along with a terminology service and scalable data ingestion pipelines, it excels in complex queries and is ideal for organizations seeking OMOP data enrichment.

    10am-12pm PT, Wednesday, March 5: The Medical Research Agent (CarahSoft booth #2216)
    David will demonstrate state-of-the-art accuracy of the Medical Research Agent medical LLM, automated systematic reviews, and question answering on private and public knowledge bases.

    9am PT Thursday, March 6: Automated DICOM Deidentification with AWS HealthImaging (AWS booth #4624)
    This talk will explore John Snow Labs’ turnkey, regulatory-grade DICOM image deidentification on AWS HealthImaging, including both metadata and pixel-level PHI, integrated with AWS HealthImaging to support compliance and scale.

    “With no shortage of AI solutions on the market, few can say they are delivering state-of-the-art results, updated daily with the latest research and advances in the field,” said Talby. “John Snow Labs is excited to showcase how we’re helping leading healthcare organizations leverage accurate, safe, and responsible AI, already making an impact on research, patient care, and operations.”

    Additional Resources:

    • Click here to book a meeting with John Snow Labs at the show
    • For media inquiries, contact gina@johnsnowlabs.com
    • For more information about John Snow Labs, visit https://www.johnsnowlabs.com/ or follow us on LinkedIn for the latest updates

    About John Snow Labs
    John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Spark NLP, Healthcare NLP, the Healthcare GPT LLM, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

    Contact
    Gina Devine
    Head of Communications
    John Snow Labs
    gina@johnsnowlabs.com

    The MIL Network

  • MIL-OSI: Exterro Disrupts the Status Quo for Mobile Device Investigations

    Source: GlobeNewswire (MIL-OSI)

    FRISCO, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Exterro, Inc., the leading provider of data risk management software solutions for e-discovery, digital forensics, and data privacy, security, and governance professionals, today announced its latest industry-shaping innovation – Exterro Remote Mobile Discovery. This patent-pending addition to the Exterro software platform breaks the barriers faced by internal investigation experts by powering secure, non-intrusive data preview and collection of remote mobile device data for critical digital forensic and e-discovery workflows.

    Historically, most remote data collection solutions were more complex than the problem – requiring organizations to physically gather or travel to retrieve remote devices, attach physical cables or collection kits at the time of collection, and then re-ship devices back to the users. With Exterro Remote Mobile Discovery, Legal, IT, and forensic investigation teams can initiate remote collections with a few simple clicks in the Exterro Data Risk Management platform.

    Once the collection is complete, digital forensic investigators and e-discovery teams can review the remotely collect mobile data alongside other relevant information collected from other data sources in Exterro’s FTK Suite or its E-Discovery Data Management (EDDM) module, Exterro’s purpose-built legal document review solution. Exterro’s platform capabilities provide users with the ability to view all the evidence in an investigation in one place, saving time and getting to the facts faster by eliminating the need for data transfers or multiple review solutions.

    “Mobile data discovery has become one of the most important and challenging aspects of data collection,” says Ryan O’Leary, Research Director, Privacy and Legal Technology at IDC. “Exterro’s mobile data discovery software hopes to solve this challenge with its all-in-one solution for e-discovery and forensic investigations. Unlike traditional tools that require extensive technical expertise, Exterro’s intuitive platform makes mobile data collection accessible to legal and compliance teams, enabling them to efficiently review mobile data alongside other evidence for faster, more effective case resolution.”

    How It Works

    Remote Mobile Discovery enables seamless wireless data collection from mobile devices without installing software on the device. Leveraging existing enterprise infrastructure in the Exterro FTK Suite and EDDM, investigators and legal professionals can securely collect data over Wi-Fi or a network connection or wired connection, enabling incremental, connection-free backups without disrupting users. With a streamlined process and enterprise-grade security, this solution simplifies mobile investigations, making remote collections faster, more efficient, and scalable. Collections may be targeted to specific applications or capture the full device. Exterro currently supports collection from dozens of the most used chat applications, including Discord, Google Duo/Meet, Instagram, IOS Messages, Reddit, TikTok, Twitter, Uber, and WhatsApp–and additional apps are being added daily.

    Top Benefits of Exterro Remote Mobile Discovery

    “Our mission has always been to protect our customers from data risk and the impact it can have on an organization’s reputation, the requirements of litigation and privacy and compliance,” said Bobby Balachandran, founder and CEO of Exterro. “With the exponential growth of data residing on remote mobile devices, the ability to identify it, collect it and analyze it in an efficient way has been a significant limitation for e-discovery and forensics professionals around the world. Exterro Remote Mobile Discovery solves this problem with the ultimate solution for seamless and comprehensive mobile data investigations.”

    • No Agent Installation
      Eliminates the need for installing potentially intrusive agents on mobile devices.
    • Seamless Operation
      Enables continuous and remote data collection over Wi-Fi or wired connections with minimal user intervention.
    • Saves Money
      Eliminate device shipping costs, IT personnel travel expenses, and custodian downtime by collecting remotely.
    • Reduces IT Overhead
      Allows Exterro digital forensics and e-discovery solutions to communicate with and collect data from all data sources—computers, mobile devices, and cloud data sources–in a single solution.
    • Targeted Data Preview and Collection
      Conduct complete remote mobile device collections or preview and target selective collections with industry-leading data source filtering.
    • Compatible with Enterprise IT
      Available on-premises or as a cloud-based SaaS solution to integrate seamlessly with enterprise IT infrastructure and workflows.

    Pricing and Availability
    Exterro Remote Mobile Collection will be generally available at the end of March. Pricing is based on the number of mobile devices and the amount of data undermanagement required.

    Exterro will be demonstrating Exterro Remote Mobile Discovery at LegalWeek 2025 in New York, Booth 2100.

    About Exterro

    Exterro empowers organizations to manage data risks with a complete platform for e-discovery, data privacy, cybersecurity and governance, and digital forensics. Unlike any other software provider, Exterro makes it easy for organizations to understand their data and take swift action. Exterro’s AI-driven solutions provide accurate, actionable insights, enabling businesses to ensure compliance, reduce risks, and streamline operations while lowering costs. With Exterro, organizations gain the clarity and confidence needed to address their most critical data challenges. For more information, visit www.exterro.com.

    Press Contact

    Hazel Ramirez

    570-975-9261

    hazel@plat4orm.com

    The MIL Network

  • MIL-OSI: Mavenir and EdgeQ Introduce Industry’s First Software-Defined 4G and 5G Next Generation Small Cells for Neutral Host and Urban Densification

    Source: GlobeNewswire (MIL-OSI)

    RICHARDSON, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, and EdgeQ, a leader in 5G wireless infrastructure, unveil the next generation of indoor and outdoor small cells at the Mobile World Congress Barcelona 2025. The cloud-native, software programmable small cells deliver both 4G and 5G on a single chip, allowing customers to dynamically reconfigure and elastically scale from 4G to 5G without any hardware change, redesign, or reinstallation.

    The collaboration introduces new capabilities aimed at enterprise and neutral host providers for indoor environments and meet the demands of communication service providers (CSPs) needing cutting-edge outdoor equipment to support urban densification.

    The next generation small cell offering will focus on enabling flexibility, low power consumption, and ease of deployment. The solution empowers CSPs to address rapidly increasing data traffic demands while ensuring a long-term return on investment. The small cell solution, set for general availability in 2Q 2025, will support a range of 4G and 5G spectrum bands, and flexible configurations from single-band 4G or 5G setups to complex multi-band combinations, on a single board. Additionally, the solution offers a future-proof approach with remote software upgrades, allowing CSPs to migrate smoothly from 4G to 5G without hardware changes and maximizing their investments.

    Sachin Karkala, SVP & GM RAN at Mavenir, said: “This strategic relationship will be disruptive for the small cell market, introducing new capabilities that meet a wide range of needs. EdgeQ is a partner that’s working at the cutting edge of silicon technology, and this partnership enables increased levels of flexibility for CSPs, enterprises and neutral host providers. We’re changing the economics of 5G deployments with small cells by reducing energy consumption, simplifying deployment and ensuring long-term ROI.”

    Mavenir’s indoor small cell solution leverages EdgeQ’s highly programmable “Base station-on-a-chip” to deliver a singular solution that is dynamically configurable to help service providers navigate 4G to 5G migration, NSA to SA migration, TDD and FDD migration, and multi-carrier support. The lean design is ideal for both indoor and outdoor deployments where ubiquity of coverage at low TCO is expected by operators.

    Vinay Ravuri, Founder and CEO of EdgeQ, said: “We are delighted to partner with Mavenir to enable a new category of small cells that converges multiple radios, bands, and carriers at new unit economics long sought after by service providers. The flexibility that we are enabling with Mavenir will drive frictionless small cell deployments by meeting the short and long-term needs of all connectivity providers. Our state-of-the-art 4G and 5G platform makes the widest range of spectrum configurations possible and ensures a clear upgrade path as traffic grows.”

    Mavenir’s small cell solutions enable enhanced network capacity and coverage in indoor and outdoor environments meeting the full range of public and private network use cases.

    Mavenir’s full radio portfolio will be displayed at the upcoming MWC Barcelona, March 3-6, in Hall 2, Stand 2H60. For more on Mavenir’s presence at the show visit https://www.mavenir.com/mwc-2025/

    About Mavenir:

    Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

    About EdgeQ

    EdgeQ is a Silicon Valley based semiconductor company that has developed the world’s first software-defined 4G+5G “Base Station-on-a-Chip,” giving customers the revolutionary ability to build and deploy cellular networks on a single chip the size of a coin. Led by executives from Qualcomm, Intel, and Broadcom, EdgeQ is pioneering converged connectivity and AI that is fully software-customizable and programmable. The company is backed by world-renowned investors and industry titans. To learn more about EdgeQ, visit www.edgeq.io 

    PR Contacts:

    Mavenir: Emmanuela Spiteri | PR@mavenir.com
    EdgeQ: Edward Wu (Head of Marketing) | ewu@edgeq.io

    The MIL Network

  • MIL-OSI: Sweed Establishes Largest Development Team in the Cannabis Industry

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) — Sweed, the leading enterprise retail technology platform for the cannabis industry, is now also the largest technology development team in the industry. The company announced today that through recent hires and expansions of the in-house development team, Sweed now boasts the largest and most innovative team of developers of any cannabis-specific technology platform. Sweed, which recently announced the successful completion of its SOC 1 and SOC 2 Type II audits, has emerged as the unmatched leader in product innovation and agility, providing cannabis retail clients with best-in-class digital solutions. The Sweed development team has grown by 41% since Q1 2024. The increased scale of the development team is being deployed to provide innovation and enhanced services across the native eCommerce, point-of-sale, inventory management, logistics, payment processing, and other integral programs built into the Sweed platform.

    Establishing the largest development team in the cannabis industry is critical to the advancements that Sweed is bringing to market. As industry experts in both retail technology and the specific needs and challenges that face the cannabis industry, Sweed is looking ahead at the impact of automation and functional A.I. tools on the future of the cannabis retail market. Creating smarter, more actionable, and responsive tools will help retailers provide better service to their customers, thereby increasing customer retention and loyalty, while also expanding cart sizes. Customizing offers and menus, maximizing the value of each communication, streamlining workflow between inventory and sales, and ultimately providing revenue-driving support to retailers are all areas of focus Sweed is enhancing. With the largest development team, an expansive AI-powered platform, and a deep commitment to innovation, Sweed is setting the new standard for dispensary technology–one that is efficient, scalable, and built for 2025 and beyond.

    “Reaching this level of bandwidth for our development team highlights our view that Sweed is an innovation and technology company leading the cannabis industry forward to a more profitable and scalable future,” said Rocco Del Priore, Co-Founder of Sweed. “The cannabis industry is littered with technology solutions that do part of the job for retailers, but our goal is to constantly raise the bar – which we often set ourselves – to offer the best solution across every digital need our customers might have. We’re immensely proud to have the industry’s largest development team, and we’re excited by the possibilities that lay ahead as we help advance this industry with tools and services that exceed anything currently on the market.”

    Sweed pioneered the concept of cohesive cannabis retail solutions, creating the first platform to connect operations, marketing, and compliance seamlessly. Since its inception, the company has focused on refining technology to meet the evolving needs of cannabis businesses. Providing enterprise-grade capabilities that are intuitive, scalable, and deeply rooted in the industry’s unique requirements has enabled Sweed to become the preferred technology partner of the industry’s most forward-looking companies. Throughout 2025 Sweed will be unveiling industry-first advancements to its already leading technology offerings, giving cannabis retailers insights and impactful upgrades to help them scale their dispensary operations.

    About Sweed
    Sweed is redefining cannabis retail management with its cohesive platform, seamlessly combining Point of Sale, eCommerce, and Marketing & Loyalty solutions. As the original enterprise-grade platform purpose-built for multi-location scalability, Sweed empowers retailers to efficiently manage sales, customer engagement, marketing, and inventory — all from one system. By delivering a tailored, data-driven experience without relying on external integrations, Sweed enables cannabis retailers to drive growth and deliver exceptional customer experiences. For more information, visit https://sweedpos.com/.

    Contact
    Oak PR
    sweed@oakpr.com

    The MIL Network

  • MIL-OSI: Micron Redefines Performance for AI PCs, Gamers and Professionals

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, Feb. 18, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), today announced the Micron 4600 PCIe® Gen5 NVMe SSD, an innovative client storage drive for OEMs that is designed to deliver exceptional performance and user experience for gamers, creators and professionals. Leveraging Micron® G9 TLC NAND, the 4600 SSD is Micron’s first Gen5 client SSD and doubles the performance of its predecessor.1

    The Micron 4600 SSD showcases sequential read speeds of 14.5 GB/s and write speeds of 12.0 GB/s. These capabilities allow users to load a large language model (LLM) from the SSD to DRAM in less than one second,2 enhancing the user experience with AI PCs. For AI model loading times, the 4600 SSD reduces load times by up to 62% compared to Gen4 performance SSDs3 ensuring rapid deployment of LLMs and other AI workloads. Additionally, the 4600 SSD provides up to 107% improved energy efficiency (MB/s per watt) compared to Gen4 performance SSDs,1 enhancing battery life and overall system efficiency.

    The 4600 SSD is the second Micron client SSD to incorporate the most advanced Micron G9 NAND technology, following the Micron 2650 NVMe SSD already in production.

    Why it matters
    Accomplishing more and cutting down wait time is more important than ever to gamers, creators and professionals alike. The 4600 leverages PCIe Gen5 technology and the Micron G9 TLC NAND to provide remarkable speed and energy efficiency.

    “With the 4600 NVMe SSD, users can load large language models in less than one second, enabling PC experiences in data-intensive applications, especially for AI,” said Prasad Alluri, vice president and general manager for Client Storage at Micron. “As AI inference runs locally on the PC, the transition to Gen5 SSDs addresses the increased need for higher performance and energy efficiency.”

    Gen5 SSD technology will grow rapidly in 2025 and 2026. The 4600 NVMe SSD is compatible with the leading-edge platforms such as AMD’s Ryzen 9000 Series processors, and the Intel® Core Ultra Desktop and Mobile (Series 2) processors, ensuring seamless integration for PC OEMs.

    “AMD is excited to collaborate on the validation of the Micron 4600 NVMe™ SSD with our latest Ryzen family of processors,” said Joe Macri, senior vice president and chief technology officer of Compute and Graphics at AMD. “The Micron 4600 NVMe™ SSD is anticipated to deliver exceptional performance and a best-in-class user experience for the most demanding professional applications and high-speed gaming.”

    “The co-validation efforts with Micron in our Intel Folsom Open Labs have been instrumental to achieving today’s compatibility milestone. The Micron 4600 SSD, which has been designed for PCIe Gen5 platforms and offers fantastic performance and power efficiency, is now listed on the Intel PCL (Platform Component List),” said Todd Lewellen, vice president of Client Ecosystem Group at Intel. “The 4600 SSD is an ideal fit for AI PCs based on Intel Core Ultra processors, as well as future platforms.”

    “Lenovo will qualify the Micron 4600 SSD because of its industry-leading performance and its use of low temperature soldering (LTS) technology during SSD module assembly,” said Takashi Sugawara, director and principal engineer at Lenovo. “As a pioneer in LTS technology, Lenovo has been collaborating with Micron in the pursuit of reducing the amount of energy consumed in the SSD manufacturing process.”

    Level up to high-performing Gen5 storage
    The Micron 4600 NVMe SSD delivers up-to performance improvements over Gen4 SSDs:4

    • 14.5 GB/s sequential read speeds, 107%
    • 12.0 GB/s sequential write speeds, 71%
    • 2.1 million random read IOPS, 83%
    • 2.1 million random write IOPS, 83%

    Enhanced user experience
    Designed to elevate AI, scientific, gaming and content creation experiences, the Micron 4600 NVMe SSD unlocks best-in-class PCMark 10 benchmark scores:

    • Up to 38% better than Gen4 performance SSDs4
    • Up to 11% better scores compared to Gen5 competitors5

    The 4600 SSD provides exceptional user experiences over previous Gen4 drives for scientific, media and entertainment, along with a variety of other use cases, as demonstrated with the SPECwpc5 benchmark results on speed improvements:4

    • Media and entertainment applications: up to 61% faster
    • Energy industry applications: up to 59% faster
    • Product development applications: up to 45% faster
    • Life sciences applications: up to 38% faster

    Building upon prior ultra-secure features like TCG Opal, signed firmware and secure boot, the 4600 SSD includes the latest in advanced security features such as Security Protocol and Data Model (SPDM), Data Object Exchange (DOE) and Device Identifier Composition Engine (DICE), helping provide improved protection of user data.

    The Micron 4600 NVMe SSD is now available for OEM sampling globally. For more information, visit Micron 4600 NVMe SSD.

    Additional Resources:

    About Micron Technology, Inc.
    Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

    Micron Media Relations Contact
    Kelly Sasso
    Micron Technology, Inc.
    +1 (208) 340-2410
    ksasso@micron.com

    ______________________________________________________

    1 Performance and power efficiency statements are based on comparisons to PCIe Gen4 Micron 3500 SSD vs. Micron 4600 SSD.

    2 The large language model (LLM) used in testing was the Llama2 with 13 billion parameters and 10.4GB file size.

    3 Statement based on a Llama2 with 13 billion parameter model load times using a 1TB Micron 3500 PCIe Gen4 SSD compared to the same model’s load times using a 1TB Micron 4600 PCIe Gen5 SSD.

    4 All performance statements in this section are relative to the claim made and are based on PCIe Gen4 Micron 3500 SSD vs. PCIe Gen5 Micron 4600 SSD comparisons.

    5 Comparisons are made to publicly announced client SSD suppliers with at least 10% client OEM SSD revenue share, excluding Apple® and gaming consoles, as noted in Forward Insights analyst report: SSD Supplier Status Q3/24 November 2024. Scores are based on benchmark testing in Micron labs with competitive drives available at the time of Micron 4600 SSD announcement.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/77292e81-46a9-4efd-a11a-f6bf283c361c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7bc4d23c-bb7d-4adb-93da-509efe70e80a

    The MIL Network

  • MIL-OSI: ITS Logistics February Port Rail Ramp Index: Potential Effects of Tariffs and Impact on Trade Lanes Signify Most Pressing Unknown Supply Chain Threat

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., Feb. 18, 2025 (GLOBE NEWSWIRE) — ITS Logistics today released the February forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month the index reveals that operations have returned to normal in all regions following the Lunar New Year peak and light inventory front loading to avoid anticipated bottlenecks. In addition, the most significant current unknowns for the industry are the potential effects of tariffs and their impact on trade lanes. 

    “Though changing booking patterns and front loading inventory can help with savings in the short-term, these strategies usually lead to additional cost and material flow problems,” said Paul Brashier, Vice President of Global Supply Chain for ITS Logistics. “The consensus from most experienced shippers is to not be reactionary, as this issue will continue to be very fluid, and the timing and duration of disruptions is unknown.” 

    In an effort to promote fairer trade and enhance the appeal of U.S. goods, President Trump has called for agencies to explore reciprocal tariffs aimed at increasing America’s revenue. This move, however, risks sparking a global trade war, potentially worsening inflation.

    Last week, the President signed a memorandum proposing a 25% tariff on non-energy imports from Canada and a 10% tariff on imports of Canadian energy—primarily crude oil. He also signed proclamations to help bolster tariffs on all steel and aluminum imports into the U.S. to help minimize attempts by China and Russia to evade penalties. To encourage this change, an incremental 10% tariff on imports from China was established, along with an executive order to place a 25% tariff on imports from Mexico, which has been postponed until March. 

    While the tariffs have not yet been imposed, the signing of the memo allows the current presidential administration to begin a review process to initiate them. As the industry awaits further action from the administration, ocean carrier RFP season is approaching, and professionals should begin seeing volumes shift back to the East and Gulf Coast ports as Red Sea diversions and labor disruptions are not expected to be a concern in 2025.

    “We suggest companies consider moving bookings to the East and Gulf Coast ports now that the labor issues have been resolved,” continued Brashier. “Earlier in the month, the wage scale committee for the International Longshoremen’s Association (ILA) approved a tentative six-year agreement with the United States Maritime Alliance from early January. Members are now expected to vote on their new master contract regarding the East and Gulf Coast ports on February 25.”

    ITS Logistics offers a full suite of network transportation solutions across North America and distribution and fulfillment services to 95% of the U.S. population within two days. These services include drayage and intermodal in 22 coastal ports and 30 rail ramps, a full suite of asset and asset-lite transportation solutions, omnichannel distribution and fulfillment, LTL, and outbound small parcel.

    The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions. Ocean and domestic container rail ramp operations are also highlighted in the index for both the West Inland and East Inland regions. Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

    About ITS Logistics
    ITS Logistics is one of North America’s fastest-growing, asset-based modern 3PLs, providing solutions for the industry’s most complicated supply chain challenges. With a people-first culture committed to excellence, the company relentlessly strives to deliver unmatched value through best-in-class service, expertise, and innovation. The ITS Logistics portfolio features North America’s #19 asset-lite freight brokerage, the #12 drayage and intermodal solution, a top 50 dedicated fleet, an innovative cloud-based technology ecosystem, and a nationwide distribution and fulfillment network.

    Media Contact
    Amber Good
    LeadCoverage
    amber@leadcoverage.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/128e7687-6bfd-4f21-af3a-442b9cc93409

    The MIL Network

  • MIL-OSI: MEF’s Ninth LSO API Release Expands Capabilities for Seamless NaaS Automation

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Feb. 18, 2025 (GLOBE NEWSWIRE) — MEF, a global industry association of enterprise and network, cloud, security, and technology providers accelerating enterprise digital transformation, today announced its most powerful Lifecycle Service Orchestration (LSO) API release to date. MEF’s ninth LSO API release solves for the first time complex addressing and operational challenges, including observability. Additionally, this release introduces a suite of advancements designed to enhance service provider and enterprise adoption of standardized, open ecosystem automation for Network-as-a-Service (NaaS) offerings.

    “As enterprise networks increasingly become mission-critical, especially with the advent of generative AI, service providers must have the automation capabilities necessary to deliver seamless, standardized services at scale,” said Pascal Menezes, CTO, MEF. “This latest LSO API release represents MEF’s most advanced set of automation tools yet, solving fundamental challenges in service qualification, operational observability, and product definition.”

    Key enhancements in the latest MEF LSO API release include:

    Advanced Addressing Capabilities – One of the most significant challenges in network automation is determining service availability at specific locations due to varying global address representations. MEF’s new LSO API release solves this challenge by introducing the concept of Installation Place within the MEF Addressing and Site API, allowing service providers to validate addresses more accurately. This innovation enables multiple representations of an address, improving the success rate of service qualification queries and enhancing global service delivery.

    Comprehensive Operational Observability – Enterprises increasingly demand full observability of the services they subscribe to, even when delivered across multiple supply chain partners. Now global service providers can interconnect and offer real-time insights into Service Function Testing, performance monitoring, fault detection, and trouble ticketing. This delivers comprehensive end-to-end operational observability for Day N automation workflows.

    Expanded Suite of Product and Service Payloads – MEF LSO APIs are designed to support the full lifecycle of NaaS, enabling automated service delivery among enterprises, service providers, and cloud providers. This release augments Carrier Ethernet, DIA, and IP Broadband payloads while incorporating pre-standard payloads for SD-WAN, Wavelengths, Data Center Cross-Connect, MEC IaaS, CAMARA Quality on Demand, and Google Cloud Connect.  

    Enhanced Product Catalog API – The new API release introduces bundling and pricing capabilities to better define and automate NaaS service offerings. By providing a machine-readable product schema, service providers can create flexible, standardized service definitions that streamline interactions with ecosystem partners.

    MEF’s LSO Irene release is now available on the MEF LSO Marketplace.

    MEF’s State of the Industry Report: Paradigm Shift – Automating Business Functions Between Service Providers highlights why standardized business and operational APIs are critical for unlocking new market opportunities in NaaS and next-generation services.

    MEF’s NaaS Customer experience white paper defines key service features, helping enterprises understand what to expect—scalability, dynamic connectivity, real-time insights, and security—while guiding providers on standardized, automated delivery.

    MEF’s 2025 NaaS Industry Blueprint provides a comprehensive guide to help service providers and ecosystem participants develop, deliver, and manage NaaS offerings across a standards-based automated ecosystem.

    For more information, visit www.mef.net.

    About MEF
    MEF is a global consortium of service, cloud, cybersecurity, and technology providers collaborating to accelerate enterprise digital transformation. It delivers standards-based frameworks, services, technologies, APIs, and certification programs to enable Network-as-a-Service (NaaS) across an automated ecosystem. MEF is the defining authority for certified Lifecycle Service Orchestration (LSO) business and operational APIs and Carrier Ethernet, SASE, SD-WAN, Zero Trust, and Security Service Edge (SSE) technologies and services. MEF’s Global NaaS Event (GNE) convenes industry leaders building and delivering the next generation of NaaS solutions. For more information about MEF, visit MEF.net and follow us on LinkedIn and Twitter

    Media Contact:
    Melissa Power
    MEF
    pr@mef.net

    The MIL Network

  • MIL-OSI Europe: New President of the Ministry for Europe and Foreign Affairs’ Collège de Terminologie et de Néologie (14 Feb. 2025)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    Following on from the 19th Francophone Summit and the 30th anniversary of the Toubon Law governing the use of the French language, the Ministry for Europe and Foreign Affairs is continuing its efforts to promote the French language and ensure that it plays a central role in international relations.

    The Ministry is committed to creating and popularizing French terms and expressions for new concepts with foreign names via its Collège de Terminologie et de Néologie [“College of Terminology and Neology”]. The College also has authority over international place names and is responsible for designating the names of countries, inhabitants, capitals, etc.

    It plays a major role in the interministerial structure tasked with enriching the French language.

    Given the challenges posed by disinformation and the need to tackle issues relating to AI, the clear and precise usage of the correct words is vital.

    Former Ambassador François Gauthier is the new president of the College, which falls under the supervision of Emmanuel Lebrun-Damiens, the senior official responsible for terminology and the French language who also serves as Director of Cultural, Educational, Academic and Scientific Diplomacy. Mr. Gauthier succeeds Véronique Bujon-Barré in this position.

    MIL OSI Europe News

  • MIL-OSI United Nations: Multilateralism: What is it, and why does it matter?

    Source: United Nations MIL OSI

    UN Affairs

    Multilateralism is a term frequently used at the United Nations, but it’s not a concept that is only relevant to the corridors and conference rooms where international diplomacy takes place.

    Beyond the UN, it affects people’s daily lives in many ways. It helps reduce conflicts, grow our economies, and allows us to travel safely around the world. It’s also crucial for tackling big global problems like climate change and unregulated artificial intelligence.

    What does “multilateral” actually mean?  

    Originally, “multilateral” was a geometry term meaning “many-sided.”

    Now, it describes international politics and diplomacy, where many countries with different views and goals work together.

    The United Nations system is the principal multilateral forum where countries come together to solve global problems. They hold conferences, summits, and meetings to address important issues.

    UN Photo/Loey Felipe

    The world comes together to debate issues at the UN General Assembly in New York.

    Cooperation, Compromise, and Coordination  

    In international affairs, countries work together (cooperation), make deals (compromise), and organize their efforts (coordination) to solve problems that one country alone couldn’t handle.

    These three “Cs” help build trust and settle disputes peacefully.

    Making the modern world possible  

    Imagine if every country developed its own system for phone calls, airlines, shipping or mail developed nationally – and did not coordinate with others. Global travel, communication, and trade would be a mess. Thanks to multilateralism, we have international systems that make these things possible.

    The fact that we have global standards for a range of our daily activities from health to postal systems to travel is down to multilateralism, and the creation of a series of multilateral organizations, many of which were established in the 19th Century, and have now become part of the UN System.

    Two multilateral organizations that pre-date the UN are:

    International Telecommunications Union (ITU): Started in 1865 to standardize telegraph networks. Now, it helps with governance for radio frequencies, satellites, and the internet.

    International Labour Organization (ILO): Founded in 1919 to promote workers’ rights, encourage decent employment opportunities, enhance social protection and strengthen dialogue on work-related issues.

    © Unsplash/Brunno Tozzo

    Multilateralism enables international coordination across sectors, including communication.

    Making multilateral policies  

    Since 1945, the UN has helped countries work together and create important agreements.

    The central policy-making arm of the Organization is the General Assembly, a unique forum for multilateral discussions of international issues.

    Each of the 193 Member States of the United Nations has an equal vote, no matter the size of their economy, population, or military might: Monaco’s vote carries the same weight as China’s.

    Achievements of the UN  

    Another feature of multilateralism is standard-setting. The General Assembly has this normative role and has created many international laws and treaties on disarmament, human rights, and environmental protection.

    One of its greatest accomplishments is the drafting and adoption of the groundbreaking Universal Declaration of Human Rights which paved the way for a comprehensive body of human rights law.  

    Drafted by representatives with different legal and cultural backgrounds from all regions of the world, it was proclaimed by the General Assembly in 1948.

    It set out, for the first time, fundamental human rights to be universally protected and has inspired the constitutions of many newly independent States and new democracies.

    UN Photo

    Young children read the Universal Declaration of Human Rights at a playground. (Archive)

    The Cold War  

    During the Cold War (late 1940s to early 1990s), the UN played a key role in peacekeeping and arms control.

    Despite the threat of nuclear war, a third world war was avoided partly because of the UN providing a platform for discussion and decision-making.

    The UN today  

    Some 80 years later, the United Nations is still the world’s primary multilateral organization, harmonizing and coordinating international action in fields ranging from peacekeeping to economic development to trade.

    Millions of lives have been saved thanks to the humanitarian assistance provided and coordinated by the United Nations, bringing food, health and shelter to conflict and disaster zones.

    The multilateral framework has expanded beyond countries to include representatives of civil society, youth and business, among others.

    © UNRWA

    UN staff support a polio vaccination campaign in Gaza.

    What’s next?

    Member States often struggle to cope effectively with today’s global threats and challenges, from devastating civil wars and cross-border conflicts to growing economic inequality between and within countries, and the existential threats of unregulated artificial intelligence and climate change.

    To make sure that the UN remains fit for purpose as the world’s pre-eminent forum for multilateralism in the decades to come, in 2020 Member States invited the Secretary-General, António Guterres, to develop a vision for stronger global governance, for present and future generations.

    Policy reforms in areas from peacekeeping to the international financial architecture, education and youth engagement in policymaking were encapsulated in Our Common Agenda, which covered recommendations for an upgraded UN which in turn fed into the landmark Pact for the Future, which was adopted by world leaders at the Summit for the Future meeting at the United Nations in New York in September 2024.

    Call to action by the UN chief

    In his first year as Secretary-General, António Guterres said having laws and conventions are not enough.

    He urged: “We need stronger commitment to a rules-based order, with the United Nations at its centre, with the different institutions and treaties that bring the Charter to life.”

    He called for networked multilateralism – with other international and regional organizations – and an inclusive multilateralism that would withstand the tests and threats of today and tomorrow.

    MIL OSI United Nations News

  • MIL-OSI: Reliance Global Group Expands RELI Exchange Commercial Quote & Bind InsurTech Platform Following Successful Beta Launch

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced a significant expansion of its Commercial Quote & Bind InsurTech solution on RELI Exchange, building off the highly successful beta launch late last year. This expansion brings additional carriers and more product offerings to RELI Exchange’s agent distribution channel, with plans to continuously introduce new lines of business and carriers in the coming months.

    “At Reliance, our mission is to empower agents with best-in-class InsurTech solutions that maximize efficiency and drive business growth,” said Ezra Beyman, Chairman and CEO of Reliance. “By expanding our network of carriers and product lines, we are providing our agency partners with the tools they need to serve clients more quickly and effectively. These enhancements will enable agents to connect with more prospects, write more policies, and ultimately build their businesses and increase their earnings.”

    “Strategic technology integration remains a key driver of our continued success, and the enhanced RELI Exchange platform is a testament to this commitment. With its ability to seamlessly quote and bind a broader range of commercial insurance policies, RELI Exchange continues to strengthen its position as a leading InsurTech provider—leveraging automation to optimize the insurance purchasing experience for both agents and their clients,” added Mr. Beyman.

    “This expansion marks another milestone in our vision to make RELI Exchange the most powerful and comprehensive agency partner platform in the industry,” said Moshe Fishman, Director of InsurTech and Operations at Reliance. “By continuously adding new carriers and insurance products, we are ensuring that our agents remain at the forefront of the industry, equipped with the latest technology to drive their success.”

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, while reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions and include statements such as the Company having built a best-in-class InsurTech platform, making RELI Exchange an even more compelling value proposition and further accelerating growth of the platform, rolling out several other services in the near future to RELI Exchange agency partners, building RELI Exchange into the largest agency partner network in the U.S., the Company moving in the right direction and the Company’s highly scalable business model driving significant shareholder value. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere ,and risks and uncertainties related to the Company’s ability to generate the revenue anticipated and the ability to build the RELI Exchange into the largest agency partner network in the U.S., and the other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as the same may be updated from time to time. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, the Company’s Quarterly Reports on Form 10-Q, the Company’s Current Reports on Form 8-K and subsequent filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com 

    The MIL Network

  • MIL-OSI: Locus Technologies Scores in Top 3 out of 200+ Software Companies

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) — Locus Technologies, the sustainability and Environmental Health and Safety (EHS) compliance software leader, today announced that its CSRD and ESG reporting software was a top performer in the “Smart Innovators: ESG & Sustainability Reporting and Data Management Software (2025)” report published by Verdantix. The companies featured in the analysis were evaluated for their maturity in 10 key functional categories. Locus CSRD and ESG software was acknowledged for its “market-leading functionality, with differentiated offering” or “strong functionality” in all categories, resulting in the third highest performance overall.

    Of the 200+ software companies originally considered for the report, only 38 met the baseline criteria, including the ability to deliver across E, S and G metrics and to support large enterprises with at least $1 billion in revenue.

    “As a small company doing big things under the radar every day, we are pleased to be acknowledged by Verdantix for our accomplishments in the ESG software space,” said Neno Duplan, founder and CEO of Locus Technologies. “Drawing upon nearly 30 years of smart innovation, Locus has become the only rated company that also leads in the adjacent markets for EHS compliance, water quality and mass balance, radionuclides compliance, clean construction, and refrigerant management – which enables us to deliver a single, integrated platform for all types of environmental data and compliance activities: from sampling to sustainability.”

    This recognition highlights Locus’s critical role in helping organizations navigate an ever-evolving global regulatory landscape. The unified Locus Platform has been adopted by large and diverse organizations like Port Authority of New York and New Jersey, Los Alamos National Laboratory, and Chevron to seamlessly manage, report on, and succeed in their global EHS compliance, ESG, and sustainability initiatives.

    The Verdantix report informs enterprise software purchasing decisions for ESG and evaluates vendors on product maturity in key areas like data collection and verification, double materiality, reporting, and workflows.

    To learn more about Locus CSRD and ESG software and recent implementations in the US and abroad, please visit www.locustec.com.

    About Locus Technologies
    Locus Technologies, the global environmental, social, governance (ESG), sustainability, and EHS compliance software leader, empowers companies of every size and industry to be credible with ESG reporting. From 1997, Locus pioneered enterprise software-as-a-service (SaaS) for EHS compliance, water management, and ESG credible reporting. Locus apps and software solutions improve business performance by strengthening risk management and EHS for organizations across industries and government agencies. Organizations ranging from medium-sized businesses to Fortune 500 enterprises, such as Sempra, Corteva, Chevron, DuPont, Chemours, San Jose Water Company, The Port Authority of New York and New Jersey, Port of Seattle, and Los Alamos National Laboratory, have selected Locus. Locus is headquartered in Mountain View, California. For further information regarding Locus and its commitment to excellence in SaaS solutions, please visit https://www.locustec.com or email info@locustec.com.

    Media Contact:
    Brenda Mahedy
    Locus Technologies
    media@locustechnologies.net

    The MIL Network

  • MIL-OSI: 3D Systems Transforming Dental Lab Efficiency with Integrated Digital Dentistry Solutions

    Source: GlobeNewswire (MIL-OSI)

    • Company to showcase market-leading solutions portfolio at LMT Lab Day 2025
    • Will preview NextDent® 300 MultiJet 3D printer designed to rapidly produce multi-material, monolithic dentures
    • Plans include solutions for nightguards and direct-printed aligners in near future, bolstering portfolio to address straightening, protection, repair, replacement of teeth
    • Comprehensive solutions portfolio for dental laboratories and practitioners intended to cement 3D Systems’ leadership in global digital dental industry — a market estimated to exceed $14 billion by 2032

    ROCK HILL, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) revealed several new innovations it intends to showcase at LMT Lab Day 2025 including the NextDent® Jetted Denture Solution for multi-material monolithic dentures, as well as previews of its solutions for night guards and direct printed aligners. 3D Systems has established itself as a leader in digital dentistry – revolutionizing the industry with the broadest portfolio of integrated solutions that are helping dental laboratories and clinics more efficiently deliver patient-specific devices. The addition of solutions to address applications for dentures, and in the future night guards and direct-printed aligners, further strengthens the Company’s innovative position in the industry.

    Foundational to 3D Systems’ multi-material, monolithic jetted denture solution the Company introduced at LMT Lab Day 2024, 3D Systems is pleased to debut the NextDent® 300 MultiJet 3D printer. This unique printer facilitates rapid production of patient-specific dentures that are fully cured and safe to handle without the need for additional post-curing steps. To complement the NextDent 300, 3D Systems’ materials scientists developed NextDent® Jet Teeth and NextDent® Jet Base — the former uniquely formulated to mimic tooth rigidity and aesthetics, and the latter to absorb impact. When these materials are used as part of 3D Systems’ FDA-cleared complete workflow solution comprising materials, jetted 3D printing technology, software, and services, high-volume dental laboratories can deliver dentures with improved performance and aesthetics, resulting in a superior patient experience. The speed of 3D Systems’ jetting technology combined with monolithic denture printing accelerates total production rates — enabling a full build of 15 arches in as little as nine hours — significantly reducing time to completion resulting in expedited delivery to the prosthodontist and patient. 3D Systems will be taking pre-orders for its NextDent Jetted Denture solution at Lab Day and anticipates general availability early in the third quarter of 2025.

    With the introduction of the NextDent 300 for multi-material printing, 3D Systems is looking to the future with the next application of this technology for night guards. Night guards are a rapidly growing market segment driven by the need to prevent damage to teeth from night grinding, an affliction affecting millions of people around the world. Night guards are also increasingly used by physicians for the treatment of sleep apnea and related disorders. The Company expects night guards to become an important element of its dental technology portfolio in late 2025.

    Finally, with the exceptional legacy 3D Systems has established for itself as a key supplier of 3D printing technology to the clear aligner industry, its technology today enables the manufacture of roughly one million patient-specific clear aligners daily across this rapidly growing market. The Company believes this work provides a strong foundation upon which to launch the next phase of significant expansion in the dental market, which will include novel technology for the direct printing of clear aligner products. 3D Systems anticipates availability of this solution in 2026.

    “3D Systems has been a pioneer in digital dentistry for years, establishing itself as an industry leader,” said Dr. Jeffrey Graves, president & CEO, 3D Systems. “Additive manufacturing is poised for widespread adoption across all dental applications — to straighten, protect, repair and replace teeth — and we’re perfectly positioned to capitalize on this growth. Our decades of experience developing specialized dental materials and 3D printing technology along with our deep applications expertise will allow us to bring a full spectrum of high-volume production solutions to market in the coming years. We’re committed to this expansion and are working closely with key players in every dental product category to accelerate the availability of these advancements.”

    According to Vantage Market Research, the global dental 3D printing market is estimated to be valued at $14.6 billion by 2032. With decades of experience in the dental industry, 3D Systems has been instrumental in catalyzing the adoption of 3D printing to produce patient-specific dental devices. The Company currently boasts the largest portfolio of dental 3D printing materials to address more than 30 applications and empowers dental facilities to manufacture dental appliances with heightened efficiency while minimizing material waste. This translates to accelerated production timelines, resulting in streamlined experiences for more than one million patients served each day.

    3D Systems will showcase its digital dentistry portfolio designed to address a breadth of dental applications for orthodontics, prosthodontics, and implantology such as the production of trays, models, surgical guides, dentures, orthodontic splints, retainers, crowns, and bridges at LMT Lab Day (booth A-43/B-42, East Exhibit Hall), to be held February 20-22, 2025 at the Hyatt Regency Chicago (Illinois). Additionally, the Company will highlight how it has validated the NextDent materials portfolio to perform across a wide selection of the industry’s most trusted 3D printers. Attendees are also invited to participate in 3D Systems’ seminars to be held in the Comiskey Room, West Tower, Bronze Level. For more information, please visit the 3D Systems website.

    Forward-Looking Statements
    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems
    More than 35 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing solutions partner, we bring innovation, performance, and reliability to every interaction – empowering our customers to create products and business models never before possible. Thanks to our unique offering of hardware, software, materials, and services, each application-specific solution is powered by the expertise of our application engineers who collaborate with customers to transform how they deliver their products and services. 3D Systems’ solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods. More information on the company is available at www.3dsystems.com.

    Investor Contact: investor.relations@3dsystems.com 
    Media Contact: press@3dsystems.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/09f04e9d-bb94-4270-ad01-0c13663e2c8e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/15756820-4962-48ac-ab25-5237f33cdbb6

    The MIL Network

  • MIL-OSI Global: How Oscar-nominated screenwriters attempt to craft authentic dialogue, dialects and accents

    Source: The Conversation – USA – By Chris C. Palmer, Professor of English, Kennesaw State University

    Editors deployed AI to make the Hungarian dialogue in ‘The Brutalist’ sound more authentic. A24/TNS

    The 2025 slate of Oscar nominees recognizes many writers, directors and actors whose scripts and performances don’t necessarily reflect their own cultural and linguistic backgrounds.

    Greg Kwedar and Clint Bentley, both white, co-wrote “Sing Sing,” a story about rehabilitation through art in a maximum security prison where the characters are almost entirely people of color.

    Meg LeFauve has now earned her second nomination for penning a script that gives voice the gamut of emotions surging through a young girl in “Inside Out 2.” She’s in her 50s.

    The director of “Conclave,” Edward Berger, its writer, Peter Straughan, and its lead actor, Ralph Fiennes, are all self-proclaimed lapsed Catholics. Yet they brought to life a political thriller set in the Vatican.

    The Brutalist” was written entirely in English, but much of the film’s dialogue is in Hungarian, with two leads who are not native Hungarian speakers.

    Most screenwriters endeavor to craft characters outside their own backgrounds and experiences. But concerns about authentic language representation and cultural accuracy persist, and accusations of cultural appropriation and lazy research are commonplace.

    Emilia Pérez,” for example, has been heavily criticized not only for unrealistic portrayals of gender transition but also for inauthentic depictions of Mexican culture and accents.

    The film’s director, Jacques Audiard, has even claimed his lack of knowledge of Spanish has been an artistic benefit. He says it gives him “a quality of detachment” to emphasize “emotion” rather than “focus too strongly on the accent, the punctuation.”

    His lack of interest in precise depictions of language and culture contrasts sharply with our recent research, which shows ample interest from practicing screenwriters in accurately representing dialects and accents in scripts.

    Wanting to get it right

    We surveyed over 50 current members of the Writers Guild of America, and they broadly told us that sensitivity to linguistic representation has increased since the 2010s.

    Several commented that there’s been more commitment to hiring writers who represent the characters’ voices and backgrounds. There’s also more “freedom to include diverse characters and worlds… but a commensurate emphasis on authenticity and a higher bar for what that means,” as one writer explained.

    “Authenticity” was consistently cited in our survey as a principal consideration when writing dialogue. Other concerns included scripts’ intelligibility, historical accuracy and believability.

    In most cases, screenwriters aspire to write dialogue that sounds authentic. But it’s not easy – and often requires collaboration to get it right. Writers noted how they’ll adjust their dialogue based on production needs, such as budgetary concerns, input from actors and directors, and feedback from dialect coaches and historical consultants.

    For example, spec scripts – or noncommissioned film scripts – are written before any casting or production decisions are made. The dialogue in these scripts will likely change once actors and other creatives are attached to the project.

    Recipes for capturing linguistic nuance

    In our study, we also reviewed screenwriting manuals published as far back as 1946.

    Manuals didn’t begin to raise explicit ethical concerns, such as the use of inaccurate linguistic stereotypes in dialogue, until the 1980s. For example, many older films, such as “Gone with the Wind,” often used phonetic spelling in their scripts, with features such as g-dropping – “quittin’” for “quitting” – to mark only the speech of lower-class or racially marginalized characters, despite the fact that all people, regardless of background, have accents.

    Susan Sarandon, Sean Penn and Tim Robbins look over a script on the set of the death row drama ‘Dead Man Walking,’ which was set in Louisiana.
    Demmie Todd/Fotos International via Getty Images

    Writing in heavy phonetics is generally discouraged in modern screenwriting.

    There are practical reasons for this. Scripts are read before they’re seen and therefore must first appeal to the not so general audience of executives who buy them. As one writer explained, “My script is targeted towards them.”

    Take “Trainspotting.” Irvine Welsh’s 1993 novel about a group of heroin addicts in Edinburgh was written with heavy phonetics to capture the characters’ Scottish dialect: “ah wouldnae git tae watch it.” But the screenplay uses lines without phonetics, such as, “I wouldn’t have bothered.”

    In this respect, there’s a notable difference in novels and their respective adaptations. One surveyed writer avoids dialectal markers and will “default to standard American English unless there is a reason not to.”

    That doesn’t mean the actors in “Trainspotting” should speak in an American English accent. Instead, screenwriters might simply indicate the use of language and dialect when describing the scene in a script or, as one surveyed screenwriter explained, “make a note in the parenthetical that ‘Brynn speaks with a heavy West Virginia accent’” to flag the work that “the actor, dialogue coach, and writer will need to do together.”

    This method is employed in “The Brutalist.” The film is partly in Hungarian, but writer and director Brady Corbet and his Norwegian co-writer, Mona Fastvold, wrote the Hungarian dialogue in standard English. They then used parentheticals to indicate any non-English delivery of dialogue. The film’s stars, Adrien Brody and Felicity Jones, worked with a dialect coach to hone their accents.

    Anora,” which tells the story of an exotic dancer in a whirlwind romance, features characters who speak Russian, Armenian and English with varying degrees of fluency. Even though the characters frequently switch between these languages, the entire script is in unbroken English. Code-switching is simply marked with “Russian,” “Armenian” or “English” in the script before a piece of dialogue.

    ‘Anora’ featured characters who switched between Russian, Armenian and English.

    But limiting oneself to standard U.S. English restricts diversity in the written dialogue itself. Some writers may want to use dialect or language to convey character authenticity on the page.

    Our survey respondents described this as “flavor” – the strategic use of dialectal words or phrases to create distinct voices, with limited phonetics. Jesse Eisenberg, in his Oscar-nominated script “A Real Pain,” lightly blends American English with occasional Yiddish words to great effect: “… landed in Galveston for some fakakta reason,” or “crazy” reason.

    AI chimes in

    Attempts at authenticity can become muddied when AI gets involved.

    When making “The Brutalist,” Corbet controversially used AI technology to refine the movie’s Hungarian dialogue.

    Some questioned the film’s authenticity due to the use of AI, arguing that nothing can be authentic if it’s achieved artificially.

    But the film’s creators, including editor and native Hungarian speaker Dávid Jancsó, defended this choice. They argued the technology actually enhanced the language’s authenticity, particularly since Hungarian’s system of vowels and consonants is especially hard for nonnative speakers to capture accurately.

    Whether writers use phonetics or standard language, and whether producers use AI or dialect coaches, questions of ethics and linguistic authenticity will remain. It’s important to research language choices and dialogue, and to consult the diverse speakers portrayed in scripts.

    These are among the many essential checks and balances that are becoming bigger parts of the filmmaking process.

    Mitchell Olson is affiliated with Carter Stanton, Creative Executive at Brookstreet Pictures, which was a co-producer of “The Brutalist.” He’s also an acquaintance of Meg LeFauve. He has no stake in the performance of their work outside of having professional relationships.

    Chris C. Palmer 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. How Oscar-nominated screenwriters attempt to craft authentic dialogue, dialects and accents – https://theconversation.com/how-oscar-nominated-screenwriters-attempt-to-craft-authentic-dialogue-dialects-and-accents-247658

    MIL OSI – Global Reports

  • MIL-OSI Global: How California can rebuild safer, more resilient cities after wildfires without pricing out workers

    Source: The Conversation – USA – By Nichole Wissman, Assistant Professor of Management, University of San Diego

    After the fires, what comes next for residents? Zoe Meyers/AFP via Getty Images

    The dramatic images of wealthy neighborhoods burning during the January 2025 Los Angeles wildfires captured global attention, but the damage was much more widespread. Many working-class families lost their homes, businesses and jobs. In all, more than 16,000 structures – most of them homes – were destroyed, leaving thousands of people displaced.

    The shock of this catastrophic loss has been reverberating across Southern California, driving up demand for rental homes and prices in an already unaffordable and competitive housing market. Many residents now face rebuilding costs that are expected to skyrocket.

    Climate-related disasters like this often have deep roots in policies and practices that overlook growing risks. In the Los Angeles area, those risks are now impossible to ignore.

    As the region starts to recover, communities have an opportunity to rebuild in better ways that can protect neighborhoods against a riskier future – but at the same time don’t price out low-income residents.

    Sisters Emilee and Natalee De Santiago sit on the front porch of what remains of their home after the Eaton Fire in Altadena, Calif., in January 2025.
    Brandon Bell/Getty Images

    Research shows that low-income residents struggle the most during and after a disaster. Disaster assistance also tends to benefit the wealthy, who may have more time and resources to navigate the paperwork and process. This can have long-term effects on inequality in a community. In Los Angeles County, where one-third of even moderate-income households spend at least half their income on housing, many residents may simply be unable to recover.

    My research at the University of San Diego focuses on managing risk in the face of climate change. I see several ways to design solutions that help low- and moderate-income residents recover while building a safer community for the future.

    Better building policies that recognize future risk

    Before a disaster, communities trying to adapt to climate change often prioritize protecting high-risk, high-value property, such as a beachfront or hillside neighborhood with wealthy homes. My own research also shows a trend toward incremental climate adaptations that don’t disturb the status quo too much and, as a result, leave many risks unaddressed.

    Climate risks are often underestimated, in part because of policy limitations and a political reluctance to consider unpopular solutions, such as restricting where people can build. Yet, disasters once considered unimaginable, such as the Los Angeles wildfires, are occurring with increasing frequency.

    An aerial view shows the devastation left by the Palisades Fire in the Pacific Palisades section of Los Angeles in January 2025. Homes in the hills can be at the highest fire risk during dry weather and strong winds.
    AP Photo/Jae C. Hong

    Making communities safer from these risks requires communitywide efforts. And that can mean making difficult decisions.

    Policy changes, such as updating zoning laws to prevent rebuilding in highly vulnerable areas, can avoid costly damage in the future. So can not building in risky areas in the first place.

    California already has some of the strictest wildfire-prevention codes in the country, but the same rules for new homes don’t apply to older homes. Communities can invest in programs to help these property owners retrofit their homes by offering grants or incentives to remove highly flammable landscaping or to “harden” existing homes to make them less vulnerable to burning.

    Research shows that resilience efforts can spur “climate gentrification,” or displacement due to increases in property values. So, focusing on affordability in resilience efforts is important. For long-term affordability and resilience, governments can collaborate with communities to develop strategies such as supporting Community Land Trusts through grants, low-interest loans or land transfers; implementing zoning reforms to enable higher-density, climate-resilient affordable housing; and incentivizing green infrastructure to strengthen community resilience.


    Beverly Hills Fire Department

    In some cases, communities may have to considered managed retreat – moving people out of high-risk areas – but with adequate compensation and support for displaced residents to ensure that they can rebuild their lives elsewhere.

    Making the risks clear through insurance

    Insurance rates can also encourage residents and communities to lower their risks. Yet in many places, insurance policies have instead obscured the risks, leaving homeowners less aware of how vulnerable their property may be.

    For years, insurers underpriced wildfire risk, driven by market competition. California policies also capped the premiums they could charge. As fire damage and rebuilding costs soared in recent years, insurers unwilling to shoulder more of the risk themselves pulled out of the state. That left countless Californians uninsured and hundreds of thousands reliant on the state-run insurance known as the FAIR Plan. The plan imposes caps on payouts and is now struggling to stay solvent, resulting in higher costs that insurers are expected to pass on to consumers.

    Insurance reforms could help reduce the financial burden on vulnerable populations while also lowering overall risk. To achieve this, the reforms could incentivize building more resilient homes in less risky areas.

    As seen with the LA fires, what your neighbor does matters. Reducing fire risk in each home can make entire neighborhoods safer. Insurers can provide a road map for how to reduce those risks, while state and local governments can provide assistance to retrofit homes and help ensure that insurance premiums remain affordable.

    There are also innovative approaches to fund resilience efforts that can include insurers. One example is New York’s Climate Change Superfund Act, which requires fossil fuel companies to finance climate adaptation efforts.

    Equipping communities with resilience hubs

    When disasters strike, local groups and neighbors play critical roles in stabilizing neighborhoods. But residents also need more specialized help to find housing and apply for disaster aid.

    Building resilience hubs in communities could help support residents before, during and after disasters.

    The resilience hub in the Boyle Heights neighborhood of Los Angeles provides one model for what these spaces can achieve. It’s anchored in a community arts center with solar power and backup energy storage. Residents can drop in to cool down during heat waves or charge their phones during power outages. It also hosts community classes, including in disaster preparedness.

    Boyle Heights, a largely Hispanic neighborhood in Los Angeles, has a resilience hub that provides disaster preparedness training, as well as support with food, housing and applying for assistance after disasters strike.
    Allen J. Schaben/Los Angeles Times via Getty Images

    During and after a disaster, resilience hubs can serve as central organizing points. They can provide crucial information, resources and assistance with completing paperwork to access aid. Having access to skilled help in navigating what can be a complicated, time-consuming process is often critical, particularly for people who aren’t native English speakers.

    Getting assistance is also often critical for displaced renters, who may have little certainty about when or if they will be able to return to their homes. Understanding their legal rights can be confusing, and rising costs as rental housing is rebuilt can price them out of the market.

    Research shows that building a supportive community can provide a crucial social safety net when dealing with disasters and also boost the community’s social and economic well-being.

    Reframing policies for everyone

    The catastrophic LA wildfires were a powerful reminder that governments and communities need to think carefully about the risks they face and the role policies may play as they learn to live with greater fire risk.

    Building a resilient future in a warming world will require bold, innovative and collective strategies that support communities while advancing equitable solutions.

    Nichole Wissman 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. How California can rebuild safer, more resilient cities after wildfires without pricing out workers – https://theconversation.com/how-california-can-rebuild-safer-more-resilient-cities-after-wildfires-without-pricing-out-workers-247680

    MIL OSI – Global Reports

  • MIL-OSI: Crown LNG Signs Gas Sales MOU with India Gas Exchange

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 18, 2025 (GLOBE NEWSWIRE) — Crown LNG Holdings Limited (Nasdaq: CGBS) (“Crown” or “Crown LNG”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, announced today the execution of a Memorandum of Understanding (MOU) with the India Gas Exchange Ltd. (“IGX”), India’s first automated national level trading platform. The MOU outlines how Crown and IGX plan to cooperate on liquefied natural gas (“LNG”) sales to pipeline customers downstream from Crown’s planned LNG import terminal in Kakinada, India.

    The signing ceremony on the sidelines of India Energy Week 2025 in New Delhi included Swapan Kataria, CEO of Crown LNG, and Rajesh Kumar Mediratta, Managing Director & CEO of IGX, and was witnessed by The Honorable Member of Parliament from Kakinada Shri Tangella Uday Srinivas, an advocate for building infrastructure to empower millions of households and to improve the development of new industries in Andhra Pradesh, including data centers requiring uninterrupted 24/7 power supply.

    The non-binding MOU provides a framework for LNG cargoes traveling through Crown’s regasification terminal to be listed, marketed, and sold on the IGX. Under the agreement, IGX will drive market awareness through workshops and industry engagement initiatives, encouraging wider participation in gas trading. Crown LNG will collaborate closely with IGX on LNG cargo arrivals and sales, ensuring a stable and efficient supply chain. Together, they aim to unlock new opportunities in India’s energy sector and reinforce the role of natural gas as a key driver of sustainable economic growth. Both organizations will explore further areas of cooperation to accelerate India’s 15% gas-based economy target by 2030, as envisioned by Prime Minister Narendra Modi.

    “This collaboration will offer Crown a unique position to sell gas to a large base of producers, traders, and offtakers throughout India,” said Swapan Kataria, Crown LNG CEO. “We believe this agreement is the first of several that will address the lack of supply for the eastern coast of the fourth largest LNG importer in the world. Together with IGX and our growing network of trusted local partners, we are excited to strengthen India’s energy security and to help make natural gas more accessible to industries and micro-enterprises across India.”

    The Kakinada terminal has received an approved total import capacity of 7.2 MMTPA. Crown expects to achieve final investment decision for the project in 2026 and to deliver first gas in 2029.

    About Crown LNG Holdings Limited
    Crown LNG is a leading provider of offshore LNG liquefaction and regasification terminal infrastructure solutions for harsh weather locations, which represent a significant addressable market for bottom-fixed, gravity based (“GBS”) liquefaction and floating storage regasification units, as well as associated green and blue hydrogen, ammonia and power projects. Through this approach, Crown aims to provide lower carbon sources of energy securely to under-served markets across the globe. Visit www.crownlng.com/investors for more information.

    Forward-Looking Information and Statements

    Certain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of Crown’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Crown. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, market, financial, political and legal conditions. 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 in the Company’s registration statement and other filings with the SEC.

    Crown LNG Contacts

    Investors
    Caldwell Bailey
    ICR, Inc.
    CrownLNGIR@icrinc.com

    Media
    Zach Gorin
    ICR, Inc.
    CrownLNGPR@icrinc.com

    The MIL Network

  • MIL-OSI: Zayo Achieves Record-breaking 1 Tb/s Transmission on Live North American Network with Infinera’s ICE7 Coherent Optical Solution

    Source: GlobeNewswire (MIL-OSI)

    DENVER and SAN JOSE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) — Zayo and Infinera (NASDAQ: INFN) announced today the successful completion of a live network trial using Infinera’s ICE7, a seventh-generation embedded optical engine, to deliver 1 Tb/s single 150GHz wavelength transmission over 1,391 kilometers (km) on a major North American route between Sacramento, CA and Salt Lake City. This achievement will enable Zayo to deliver a record-setting 32 terabits of C-Band capacity across this link, with the ability to double bandwidth to 64 terabits with L-Band. Powered by Infinera’s innovative ICE7 optical engine, this trial signals a major industry milestone, demonstrating the power and ability of Infinera’s ICE7 and Zayo’s state-of-the-art network to rapidly and cost-effectively address the increasing capacity demands of AI, cybersecurity, and enterprise needs.

    Zayo operates the largest independent network, spanning 132,000 route miles in North America alone, and one of the largest and most modern 400G networks in North America. The success of the trial demonstrates Zayo’s ability to seamlessly integrate innovative new solutions like Infinera’s ICE7 optical engine into its industry-leading network to deliver the highest capacity, speed, and efficiency to meet the growing demands of its customers.

    Infinera’s ICE7 optical engine features a 5-nm CMOS DSP and leverages the latest generation of advanced high-speed optics to deliver high-baud-rate (140+ Gbaud) and single-wavelength transmission of up to 1.2 Tb/s, highlighting the improved capacity-reach and significantly reduced cost per bit, power consumption, and footprint of coherent optical transport.

    “With the rapid growth in capacity needs due to high-bandwidth applications like AI, Zayo actively seeks innovative solutions to deliver superior performance of our network by increasing capacity, capability, and reach. This successful test highlights how Zayo’s network is, and will continue to be, well positioned to easily meet increasing customer demands,” said Aaron Werley, SVP of Engineering at Zayo. “We are pleased with the performance of Infinera’s ICE7 optical engine. Technology like this that can easily integrate into our existing infrastructure is critical to Zayo’s mission to expand and create capacity across North America in support of our customers’ critical connectivity needs.”

    “The success of this trial marks a major accomplishment for Infinera as it underscores the power of ICE7’s ability to transmit 1 Tb/s high-baud-rate signals across a significant distance, which will be instrumental in driving down network operator costs while meeting the rapidly growing bandwidth demands of their customers,” said Paul Crann, Senior Vice President and General Manager, Optical Systems, at Infinera.

    Infinera Media Contact:
    Anna Vue
    Tel. +1 (916) 595-8157
    avue@infinera.com

    Infinera Investors Contact:
    Amitabh Passi, Head of Investor Relations
    Tel. +1 (669) 295-1489
    apassi@infinera.com

    Zayo Media Contact:
    Bree Wood
    press@zayo.com

    About Zayo
    For more than 17 years, Zayo has empowered some of the world’s largest and most innovative companies to connect what’s next for their business. The Zayo group of companies connects 400 global markets with future-ready networks that span over 18.7 million fiber miles and 146,000 route miles. Zayo’s tailored connectivity solutions and managed services enable carriers, cloud providers, data centers, schools, and enterprises to deliver exceptional experiences, from core to cloud to edge. Discover how Zayo connects what’s next at www.zayo.com and follow us on LinkedIn.

    About Infinera
    Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on Twitter and LinkedIn, and subscribe for updates.

    Infinera and the Infinera logo are registered trademarks of Infinera Corporation.

    This press release contains forward-looking statements, including but not limited to the operational, performance and financial benefits of Infinera’s ICE7 optical engine. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the Fiscal Quarter ended September 28, 2024 as filed with the SEC on November 5, 2024, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies and can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “would” or similar words. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

    The MIL Network

  • MIL-OSI: Safepoint Holdings Migrates to Duck Creek OnDemand to Drive Operational Efficiency and Growth

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Feb. 18, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced that Safepoint Holdings (“Safepoint”) is live on Duck Creek OnDemand. Safepoint Holdings operates three platforms, Safepoint Insurance Company, Cajun Underwriters Reciprocal Exchange and Manatee Insurance Exchange, with collectively over 200,000 policyholders in Florida, Louisiana, Texas and the Gulf. This transition marks a significant milestone for Safepoint as it enhances its capabilities to serve the coastal regions of the United States with superior property and casualty insurance offerings. 

    “Transitioning to Duck Creek OnDemand is a strategic move that positions us for continued growth and innovation,” said Gus Fernandez, Chief Underwriting Officer at Safepoint Holdings. “With this implementation, we are confident in our ability to offer our policyholders enhanced service and peace of mind, while also driving operational efficiencies that allow us to adapt quickly to market changes.”

    With this migration, Safepoint can now access Duck Creek Policy and Billing to streamline operations, automate processes, and deliver superior customer service. This modernized approach supports Safepoint’s expansion goals and their commitment to providing independent insurance agents with robust tools to serve customers effectively.

    “Safepoint continues to offer comprehensive insurance solutions to coastal communities within the U.S. and Duck Creek is committed to helping them improve their operational efficiency and customer satisfaction,” said Chris McCloskey, Chief Operating Officer at Duck Creek Technologies. “By leveraging our cloud-based platform, Safepoint ensures they remain agile and responsive to the evolving needs of their policyholders.”

    Duck Creek’s premier delivery partner, Aggne, led the implementation project to ensure Safepoint quickly and successfully migrated to Duck Creek OnDemand, a cloud-based solution that eliminates the need for on-premises maintenance and allows for seamless scalability.

    “Safepoint’s successful cloud migration to Duck Creek OnDemand underscores Aggne’s expertise in digital transformations and intellectual property investments to solve our clients’ most complex challenges,” said Asha Kalidindi, CEO of Aggne Global, Inc. “Our award-winning Duck Creek capabilities enabled Safepoint to successfully migrate multiple Duck Creek versions, while launching two new writing companies and expanding into multiple states. Aggne migrated over 400,000 historical policy records in a record-setting eight months, utilizing SwiftUpgrade. Safepoint is now able to reduce operational costs, scale with resiliency, and accelerate the launch of new products to meet the needs of their growing customer base.”

    About Duck Creek Technologies  
    Duck Creek Technologies is the global intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

    About Safepoint Holdings
    Founded in 2013, Safepoint Holdings, Inc., is a seasoned property and casualty insurance holding company headquartered in Tampa, Florida, with a successful 11-year track record.  The business strategy is to combine sophisticated actuarial analytics and risk management expertise to provide better value to individuals and businesses in underserved U.S. coastal and other catastrophe-prone property markets.  Safepoint Holdings is responsible for the management and operations of three insurance carriers – Safepoint Insurance Company, Cajun Underwriters Reciprocal Exchange, and Manatee Insurance Exchange – with a combined policyholder surplus of $150 million.

    About Aggne Global, Inc 
    ‍‍Aggne, a Wipro company, Duck Creek’s Systems Integrator Partner of the Year for 2024 is a global solutions provider for insurance carriers and insurtechs to enable market and distribution channel expansion and rapid product development.  As an industry leader in digital systems integration and cloud transformation, Aggne is uniquely positioned to deliver cost effective solutions in support of client’s strategic goals.  For more information, please visit www.aggne.com.

    Media Contacts:
    Marianne Dempsey/Tara Stred
    duckcreek@threeringsinc.com

    The MIL Network

  • MIL-OSI: ManTech Names John Lossing Vice President of Industry Compliance

    Source: GlobeNewswire (MIL-OSI)

    HERNDON, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) — ManTech, a leading provider of AI and mission-focused technology solutions, has named John Lossing as Vice President of Industry Compliance, serving as lead liaison with the Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA).

    “For more than 25 years, John Lossing has demonstrated his outstanding performance in compliance management, government contract accounting, business ethics and regulatory compliance,” said Jay Romyn, ManTech Chief Accounting Officer. “His proven experience with DCAA and DCMA, the Federal Acquisition Regulation (FAR) and Department of Defense FAR Supplement (DFARs) and Business Systems compliance make him ideal for this position with ManTech.”

    Prior to joining ManTech, Lossing served as Vice President – Compliance at Health Net Federal Services, where he managed regulatory compliance and business ethics program activities. He also led regulatory compliance at Northrop Grumman and Mission Essential, and government accounting at General Dynamics.

    Lossing earned his BS degree in Business Administration – Management Information Systems from the University of New Haven, West Haven, CT.

    About ManTech  
    ManTech provides mission-focused technology solutions and services for U.S. Defense, Intelligence and Federal Civilian agencies. In business for more than 56 years, we are a leading provider of AI solutions that power full-spectrum cyber, data collection & analytics, enterprise IT, high-end engineering and software application development solutions that support national and homeland security. Additional information on ManTech can be found at www.mantech.com.

    Media Contact: 
    Jim Crawford 
    ManTech 
    Executive Director, External Communications 
    (M) 703-498-7315 
    James.Crawford2@ManTech.com  

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aeb17f39-a034-4d2c-99b7-e4fe6c7140b7

    The MIL Network

  • MIL-OSI: Advance Solutions Partners with ServiceNow.org to Empower Nonprofits Through the 2025 Partnership for Good Grant

    Source: GlobeNewswire (MIL-OSI)

    ALPHARETTA, Ga., Feb. 18, 2025 (GLOBE NEWSWIRE) — Advance Solutions is proud to collaborate with ServiceNow.org as part of the 2025 Partnership for Good Grant initiative. Now in its second cohort, this transformative program will provide four nonprofit organizations with technology donations, expert-led implementation, consulting services, and monetary grants, totaling up to $2 million in investment from ServiceNow and its partners.

    The Partnership for Good Grant is designed to help nonprofits streamline operations, maximize resources, and expand their reach. Grant recipients will receive a free ServiceNow instance, software, licenses, and services valued at up to $250,000 over three years, along with 1,200 expert resource hours for implementation and a $100,000 direct monetary grant to support their mission.

    Advance Solutions’ Shared Vision with ServiceNow for Nonprofits

    Many nonprofits struggle with disconnected systems, high operational costs, and integration challenges, which hinder efficiency and impact. Advance Solutions is committed to providing the technology and expertise they need to overcome these barriers, allowing them to focus on their core mission.

    “The ServiceNow.org Partnership for Good Grant’s goal is to equip nonprofits with our world-leading technology to drive real and lasting change. By joining forces with Advance Solutions, we can reach more nonprofits with our technology and impact the global nonprofit sector in new and meaningful ways,” shared Vanessa Smith, President of ServiceNow.org. “Together, we’re helping mission-driven organizations scale their efforts and create a future where nonprofits can completely focus on the work that matters most.”

    As part of this initiative, Advance Solutions is honored to lead the Disaster and Community Support Grant, dedicated to supporting underserved communities and strengthening disaster response efforts.

    “Nonprofits are the backbone of our communities, and at Advance Solutions, we are committed to easing their operational burdens so they can focus on what truly matters—helping those in need,” said Gaurav Kochhar, Chief Executive Officer of Advance Solutions. “Through the ServiceNow.org Partnership for Good Grant, we are honored to support organizations making a real difference, ensuring they have the tools to respond swiftly and effectively in times of crisis.”

    By combining technology with nonprofit expertise, Advance Solutions and ServiceNow.org are enabling nonprofits to scale their impact and create lasting change. This partnership is not just about technology—it’s about empowering organizations to make a tangible difference where it matters most.

    For more information, please visit www.advancesolutions.com.

    About Advance Solutions

    Advance Solutions (ADVANCE) is a pure-play ServiceNow Elite Partner, recognized by Gartner and ISG Provider Lens for its expertise in ServiceNow consulting, implementation, and managed services. With over 1,000 successful implementations and a client base that includes more than 25% of Fortune 100 companies, ADVANCE is a trusted partner in IT, Employee, and Customer Workflow.

    With more than 16 years of experience in the ServiceNow landscape and a team of 400+ certified experts operating across AMER, APAC, APJ, and EMEA, ADVANCE specializes in IT, Employee, and Customer Workflows, helping businesses optimize operations, enhance employee experiences, and improve service delivery.

    As a certified Generative AI partner of ServiceNow, ADVANCE is at the forefront of AI-driven automation, IT operations optimization, and digital workflow transformation across industries such as Nonprofit, Healthcare, Financial Services, Telecom, Retail, Education, Manufacturing, and the Public Sector.

    As a dedicated ServiceNow partner, Advance Solutions has built custom workflow applications tailored to nonprofit needs, addressing real-world challenges with solutions that enhance efficiency, security, and service delivery while driving digital transformation. Our team works closely with organizations to ensure they leverage technology for greater impact.

    About ServiceNow

    ServiceNow (NYSE: NOW) makes the world work better for everyone. Our cloud based platform and solutions help digitize and unify organizations so that they can find smarter, faster, better ways to make work flow. So employees and customers can be more connected, more innovative, and more agile. And we can all create the future we imagine. The world works with ServiceNowTM.

    For more information, visit: ServiceNow

    ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

    Media Contact:

    Subha Batra | subha.b@advanccesolutions.com
    Sr. Marketing Manager
    Advance Solutions Corp. (ADVANCE)

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2dd39516-4d4c-4c26-9048-00df5ed41bfb

    The MIL Network

  • MIL-OSI: Allegro MicroSystems to Present at Morgan Stanley’s Technology, Media & Telecom Conference on March 4, 2025

    Source: GlobeNewswire (MIL-OSI)

    MANCHESTER, N.H., Feb. 18, 2025 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present at Morgan Stanley’s Technology, Media & Telecom Conference on Tuesday, March 4, 2025 at The Palace Hotel in San Francisco, CA. Derek D’Antilio, EVP and Chief Financial Officer, is scheduled to participate in a fireside chat at 7:45 AM PT.

    A live and archived webcast of the fireside chat will be available on the Investor Relations page of the company’s website at www.allegromicro.com.

    About Allegro MicroSystems
    Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs, to propel automotive, clean energy and industrial automation forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in “automotive grade” technology and a partner in our customers’ success. 

    Contact: Jalene Hoover
    VP of IR & Corporate Communications
    Phone: +1 512 751 6526
    jhoover@allegromicro.com

    The MIL Network

  • MIL-OSI United Nations: WFP and Republic of Korea boost resilience and food security for vulnerable families in Kenya

    Source: World Food Programme

    NAIROBI – The United Nations World Food Programme (WFP) has welcomed a contribution of US$5 million from the Republic of Korea’s Ministry of Foreign Affairs (MoFA) to build resilience and improve food security for vulnerable communities in Kenya’s arid and semi-arid regions.

    With below-normal rainfall forecasted for the upcoming March-May rainy season, strengthening early warning systems is critical to help communities and government anticipate and prepare ahead of possible drought or floods.  

    “The Republic of Korea’s commitment to supporting vulnerable families in Kenya is commendable,” said Lauren Landis, WFP’s Country Director in Kenya. “This contribution comes at a time when people in the arid and semi-arid areas face the risk of both droughts and floods, exacerbating food insecurity and increasing humanitarian needs. This project will equip communities with the tools and resources they need to prepare and build sustainable livelihoods.” 

    The contribution will enable WFP to support more than 158,000 people like smallholder farmers, pastoralists, women, and youth, to restore degraded ecosystems, create economic opportunities, and strengthen early warning systems to provide accurate and timely forecasts in in Samburu, Mandera, Tana River, Turkana, and Baringo Counties. 

    “The Republic of Korea recognizes the urgent need to build resilience and food security in Kenya,” said Nam Sangkyoo, the Republic of Korea’s Deputy Ambassador to Kenya. “By partnering with WFP, we are empowering communities to break the cycle of crises and build a future where they can thrive.”

    The Republic of Korea is a longstanding supporter of WFP’s work in Kenya and this contribution comes in addition to past investments like resilience projects supported by the Korea International Cooperation Agency (KOICA) and rice assistance for refugees from the Ministry of Agriculture, Food and Rural Affairs (MAFRA).

    #                  #                      #

    The United Nations World Food Programme is the world’s largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

    Follow us on X @wfp_kenya, @wfp_africa, @wfp_media

    MIL OSI United Nations News

  • MIL-OSI: Maestro Raises $3M in Seed Funding to Propel the Bitcoin DeFi Revolution

    Source: GlobeNewswire (MIL-OSI)

    Enterprise-grade blockchain infrastructure transforms Bitcoin from a store of value into a decentralized financial ecosystem

    AUSTIN, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Maestro, the first enterprise-grade infrastructure provider designed from the ground up for Bitcoin DeFi, today announced the successful close of its $3 million seed funding round. Co-led by Wave Digital Assets and Draper Associates—with participation from UTXO Management, Bitcoin Frontier Fund, Draper Dragon, and Necto Labs—the capital injection will accelerate Maestro’s mission to enable businesses, financial institutions, and even nation-states to seamlessly interface with the emerging Bitcoin financial system.

    “I believe the Bitcoin economy will be a catalyst for global economic empowerment, transforming how people interact with money on every level. Maestro provides the critical infrastructure needed for this digital financial revolution. I’m thrilled to lead this seed round and support a future where Bitcoin empowers communities worldwide.” — Tim Draper, Founder of Draper Associates

    Maestro stands at the forefront of Bitcoin Defi, pioneering UTXO-based infrastructure services that simplify the complex process of building Bitcoin-native financial applications. Maestro offers high-performance APIs, powerful developer tooling, and innovative solutions such as mempool metaprotocol indexing that enables real-time onchain insights. Maestro is laying the foundation for a decentralized financial ecosystem reminiscent of the transformative impact cloud providers like AWS had on the Web2 technology sector.

    “With this seed round, we’re not just raising capital—we’re igniting a movement to unlock Bitcoin’s full potential as a financial system,” said Marvin Bertin, CEO at Maestro. “Our vision is to redefine how tech companies and enterprises interact with Bitcoin, moving it beyond a digital store of value to a dynamic, programmable platform for decentralized finance. We are running the infrastructure that will power the blockchain economy of tomorrow. ”

    How Maestro is fueling a financial transformation by empowering the Bitcoin ecosystem:

    • An All-In-One Blockchain Infrastructure Platform: Last year Maestro released a state-of-the-art UTXO indexing platform taylor-made for the needs of Defi on Bitcoin. This year, Maestro is onboarding top protocols across all Defi segments: crypto wallets, decentralized exchanges, and lending protocols that will onboard millions to Bitcoin.
    • Bridging Traditional and Decentralized Finance: Maestro’s technology overcomes longstanding barriers, such as poor developer tooling, delivering a user experience that empowers both innovative startups and enterprises to build scalable financial products directly on Bitcoin’s base layer.
    • Ecosystem Partnerships: The company is forging strategic alliances across the Bitcoin landscape. For example, a collaboration with Arch Network to enable Bitcoin contract programmability via a parallel execution layer. Another example is Saturn leveraging Maestro to launch the first AMM DEX on Bitcoin L1, enabling a trustless high-frequency trading experience

    “Saturn and Maestro are redefining what’s possible on the base layer of Bitcoin, delivering a user experience that feels like sub-1-second transactions. It’s about bringing unparalleled efficiency and usability to Bitcoin’s foundation, setting a new standard for decentralized trading,” noted Saturn.

    Maestro’s technology is already making significant inroads into the broader Bitcoin ecosystem. By providing the blockchain infrastructure needed to catalyze what many are calling the first “DeFi Summer” on Bitcoin. The company’s innovative approach not only enhances Bitcoin’s utility but also paves the way for traditional financial institutions to leverage Bitcoin’s $2 trillion market cap to power a new generation of financial services.

    “At Wave, we like to invest in critical infrastructure that powers the future of blockchain adoption. Maestro is solving one of the biggest bottlenecks in crypto—building developer-friendly infrastructure for UTXO chains like Bitcoin and Cardano. Their platform provides scalable APIs that dramatically accelerates development for dApp builders. This is the kind of foundational innovation that moves the entire ecosystem forward. We’re excited to back Maestro as they continue to push the boundaries of blockchain infrastructure and enable the next generation of builders.” – David Siemer, CEO at Wave Digital Assets

    The $3 million raised in this seed round underscores the investment community’s support for Maestro’s vision and technological expertise. With the backing of industry-leading investors, Maestro is well-positioned to accelerate the transition of Bitcoin from a mere store of value to a vibrant, blockchain-native financial ecosystem that is secure, scalable, and accessible to all communities around the globe.

    For more information about Maestro visit www.gomaestro.org.

    About Maestro
    Maestro is the first enterprise-grade infrastructure provider tailor-made for Bitcoin DeFi. Its mission is to accelerate the world’s transition to the Bitcoin Economy by delivering a comprehensive, scalable infrastructure stack optimized for UTXO-based decentralized finance. By empowering developers with robust tools and APIs, Maestro is setting a new standard for how financial applications are built on Bitcoin—fueling the evolution of a decentralized, blockchain-native financial system.

    Press Contact:
    Marvin Bertin
    CEO
    Email: mbertin@gomaestro.org
    TG: @MarvinDefi

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bca2c1f4-5537-427c-af2d-061673b04da5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7ce65303-5cea-48d5-a9a8-6b5beacf14a7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/24e9ec4d-30f7-4978-91a9-7939d5ba34f8

    The MIL Network

  • MIL-OSI: Beamr Strengthens Partnership with AWS by Joining AWS ISV Accelerate: a Global Co-Sell Program

    Source: GlobeNewswire (MIL-OSI)

    “Our partnership with AWS is strategic to Beamr’s growth, and joining the ISV Accelerate program represents a significant milestone in our cloud strategy,” said Beamr CEO, Sharon Carmel

    Herzliya Israel, Feb. 18, 2025 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced it has joined the AWS ISV Accelerate program, a global co-sell initiative for Amazon Web Services (AWS) partners. As an Independent Software Vendor (ISV) in the program, Beamr demonstrates strong alignment with AWS’s go-to-market strategies and initiatives. Beamr had progressed from listing on AWS Marketplace to becoming an ISV Accelerate member in just three months.

    “Our partnership with AWS is strategic to Beamr’s growth, and joining the ISV Accelerate program represents a significant milestone in our cloud strategy,” said Beamr CEO, Sharon Carmel. “As businesses and organizations across various industries face growing video operations challenges, this enhanced collaboration with AWS will allow us to deliver our innovative GPU-accelerated solutions to a global customer base more effectively,” Carmel added.

    The AWS ISV program offers key benefits to drive visibility and co-selling opportunities. By joining, Beamr can expand sales operations through the AWS sales organization and the AWS Marketplace, driving increased growth for Beamr Cloud – the video optimization service that is seamlessly connected with AWS S3 cloud storage service. For example, AWS Account Managers are eligible for incentives when selling Beamr Cloud through AWS Marketplace. They also gain exposure to ISVs through solution partner recommendation engines.

    ISVs like Beamr benefit from focused co-sell support and resources, including access to training, workshops, and technical certifications to enhance collaboration and market success. Beamr Cloud offers scalable optimization of large video libraries, automatic upgrade to the high-performance AV1 video format (AOMedia Video 1), efficient and cost-effective video enrichment with AI-driven capabilities, in tandem with video transcoding, and other advanced video operations.

    About Beamr

    Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization and modernization. The company serves top media companies like Netflix and Paramount. Beamr’s inventive perceptual optimization technology (CABR) is backed by 53 patents and won the Emmy® award for Technology and Engineering. The innovative technology reduces video file size by up to 50% while guaranteeing quality.

    Beamr Cloud is a high-performance, GPU-based video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables video modernization to advanced formats such as AV1 and HEVC, and is ready for video AI workflows. For more details, please visit https://beamr.com/

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law. 

    Investor Contact:

    investorrelations@beamr.com

    The MIL Network

  • MIL-OSI: Lantronix Expands Latin American Market Reach Through Strategic Partnership With Ion LATAM

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today announced a strategic partnership with Ion LATAM, a premier sales and marketing manufacturer’s representative organization covering Mexico, Central America and South America. Designed to broaden Lantronix’s market presence in Latin America, this relationship will expand access of its cutting-edge IoT and AI Edge solutions to the companies’ mutual customers.

    “We are pleased to add Ion LATAM to our network of trusted partners and are excited about growing our business in Latin America in response to the increasing demand for secure, reliable IoT solutions,” said Kurt Hoff, VP of Global Sales & Marketing at Lantronix. “This relationship represents a significant milestone in Lantronix’s ongoing commitment to delivering innovative products and services throughout Latin America and the world at large.”

    Under this agreement, Ion LATAM will promote Lantronix’s comprehensive IoT and intelligence edge product portfolio and will also provide expert technical support to customers in Latin America. By leveraging Ion LATAM’s deep industry expertise and customer relationships, the alliance is poised to accelerate the adoption of Lantronix’s innovative solutions across Mexico, Central America and South America.

    “We are thrilled to partner with Lantronix,” said Toby Lasley, president of Ion LATAM. “As a manufacturer representative, we see immense value in offering Lantronix’s world-class IoT and AI Edge Intelligent products,, engineering services and AI-powered Out-of-Band solutions to our customers. This collaboration aligns perfectly with our mission to deliver leading-edge technology to our markets.”

    About Lantronix

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix leadership. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    Lantronix Media Contact:
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com

    Lantronix Analyst and Investor Contact:
    investors@lantronix.com

    The MIL Network

  • MIL-OSI: Baltic Horizon will hold an Investor Conference Webinar to introduce the results for Q1-Q4 2024

    Source: GlobeNewswire (MIL-OSI)

    Baltic Horizon Fund invites unitholders, investors, analysts and other stakeholders to join its investor conference webinar, scheduled on 25 February 2025 at 13:00 PM (CET) or 14:00 PM (EET).

    The webinar will be hosted by Tarmo Karotam, the Fund Manager of Baltic Horizon Fund. Q&A session will follow after the presentation. Due to limited webinar time, we encourage participants to send their questions no later than one day before the webinar to tarmo.karotam@nh-cap.com.

    To join the webinar, please register via the following link: https://nasdaq.zoom.us/webinar/register/WN_vEnjKPnnQJm5QdqH6sTMfQ

    You will be provided with the webinar link and instructions how to join successfully. When joining the webinar for the first time, you will be asked to download the plug-in which will take only few seconds. In case plug-in can’t be downloaded, a web browser which enables attending the webinar, opens automatically. The registration is open until 25 February at 12:00 PM (CET)/ 13:00 PM (EET).

    Registered participants will receive a reminder e-mail one hour prior to the webinar. The webinar will be recorded and available online for everyone at the company’s website on www.baltichorizon.com and on Nasdaq Baltic youtube.com account.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, FacebookX and YouTube.

    The MIL Network

  • MIL-OSI: Bitget Releases January 2025 Transparency Report, Showcasing Market Growth and Innovation

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its January 2025 Transparency Report, highlighting a dynamic start to the year marked by significant growth in trading volumes, platform engagement, and ecosystem innovation.

    Bitget expanded the BGB ecosystem through strategic initiatives, including launching a BGB liquidity pool on Uniswap and a $1.1 million liquidity pool on Bulbaswap following its integration with Morph Chain. These efforts enhance cross-chain compatibility and deepen liquidity, positioning BGB as a strong pillar of the Bitget ecosystem. Additionally, Bitget Research shared a report on 20% of Gen Z and Gen Alpha respondents who are open to incorporating crypto into pension plans, signaling a shift in long-term financial planning preferences toward digital assets.

    January saw the introduction of multiple platform enhancements. Bitget TraderPro Season 4 launched with a 10,000 USDT Grand Prize, enabling traders to test strategies and optimize returns. The HodlerYield service debuted, allowing users to earn passive income by holding USDE and weETH. Bitget Seed, an AI-powered algorithm, was unveiled to identify early-stage Web3 projects, while a strategic integration with Zen streamlined crypto payments across 11 fiat currencies. Bitget also became the first centralized exchange to offer TAO staking, expanding opportunities for users to earn rewards.

    Bitget Wallet strengthened its offerings with a $1 million airdrop for BGB holders, exclusive collaborations with Bitrefill for crypto-powered gift cards, and AI Agent Trading Zone features. The wallet’s limit order support on Base and Solana chains further enhances automated trading capabilities.

    Global engagement efforts included participation in the Crypto XR event in Auxerre, France, attended by over 3,000 enthusiasts, and New Year’s meetups in the Philippines, Vietnam, Russia, Spain, Portugal, Italy, Kenya, and other regions. These events fostered deeper connections with users and showcased Bitget’s expanding global footprint.

    Bitget’s January 2025 achievements build on its 2024 momentum, establishing the platform as a top-tier exchange focusing on security, innovation, and accessibility. As the crypto landscape evolves, Bitget remains poised to drive adoption through cutting-edge solutions and strategic partnerships, supporting users in navigating the opportunities and complexities of the digital asset era.

    For the full January 2025 transparency report, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f7f064f-8f44-40ae-9096-c738e009aaa8

    The MIL Network

  • MIL-OSI: Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Feb. 18, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its Board of Directors (the “Board”) has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is February 28, 2025, and the payment date is Monday, March 10, 2025.

    Link to NYSE quote for the Company’s 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock: https://www.nyse.com/quote/XASE:GPUSpD

    The Company further announced today that the Board has declared a monthly cash dividend of $0.20833 per share of the Company’s outstanding 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”). The declared dividend is for the previously deferred dividend for the month ended January 31, 2025. The record date for this dividend is February 28, 2025, and the payment date is Monday, March 10, 2025.

    In addition, the Board has elected not to declare a monthly cash dividend on the Series E Preferred Stock for the month ending February 28, 2025. The certificate of designations for the Series E Preferred Stock permits the Company to defer up to 12 consecutive monthly dividend payments on the Series E Preferred Stock without such deferrals being considered missed. The Company notes that the dividend is a cumulative dividend that accrues for payment in the future.

    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.

    Hyperscale Data is transitioning from a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact to becoming solely an owner and operator of data centers to support high performance computing services. Through its wholly and majority-owned subsidiaries and strategic investments, 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. It also provides, through its wholly owned subsidiary, Ault Capital Group, Inc., 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, Hyperscale Data 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; Hyperscale Data, Inc.

    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 www.hyperscaledata.com.

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

    The MIL Network

  • MIL-OSI Economics: Young innovators shine: Meet the finalists of the Verizon Unloc Young Entrepreneurs Challenge

    Source: Verizon

    Headline: Young innovators shine: Meet the finalists of the Verizon Unloc Young Entrepreneurs Challenge

    LONDON, U.K. – Five young entrepreneurs have been named as finalists in the latest Young Entrepreneurs Challenge (YEC), an initiative launched by Verizon and Unloc.

    The challenge, now in its seventh year, aims to discover the business leaders of tomorrow by tasking young European entrepreneurs between the ages of 16 and 25 to devise a tech-led business idea that addresses a key industry or societal issue.

    This year’s challenge has brought to light a number of business models that tackle current sustainability and healthcare challenges including water restoration robots, biodegradable textiles from kombucha by-products, reforestation hexapod robots, a floating solar solution and a robotic glove for stroke rehabilitation. The team received over 100 competitive and innovative business ideas from a wide range of countries across Europe including the UK, Ireland, Spain, Italy, France, Germany, Switzerland, Belgium, Greece, Slovakia, Turkey, Portugal, Austria, Ukraine, Bulgaria, Estonia and Poland.

    “Throughout the past seven years, the Young Entrepreneurs Challenge has been a brilliant opportunity to discover young and promising talent across Europe. There is nothing like the imagination and innovation of a young mind. The YEC serves as a platform to help bring their ideas to life,” said Sanjiv Gossain, General Manager and Head of EMEA for Verizon Business.

    “Young entrepreneurs in Europe often face hurdles and scepticism in accessing funding and mentorship. Verizon Business is proud to play a small role in helping this next generation of tech leaders stay a step ahead in the industry, as they work to make a positive impact around the world.”

    “We are in an era where technological innovation is crucial for tackling complex challenges in sustainability, climate change, and health. Investing in the next generation of leaders and their ideas is essential to addressing these issues,” said Hayden Taylor, Co-Founder and Chief Executive of Unloc. “Each year, we are amazed by the ingenuity of young entrepreneurs and are impressed to see the innovative ideas submitted for the Young Entrepreneurs Challenge.”

    The five finalists will now compete head-to-head in a grand finale held in March 2025, pitching their business concept live to a panel of expert judges and invited guests representing both the worlds of business and education.

    The winner receives £10,000 (€11,750*), mentorship and a technology support package to help kickstart their business. In addition, the winner will also receive a ticket to attend the Global One Young World 2025 Munich Summit.

    Each runner-up will receive £977 (€1175) to fund their start-up business, a personalised development plan that focuses on key priorities, and access to a series of masterclasses over the next year that will pair the finalists with various industry experts.

    Here are the 2025 finalists:

    Aleksandra Daniljuk – AquaRenew

    Aleksandra aims to address the global environmental crisis of water pollution caused by excess nitrogen and phosphorus in water bodies. Her solution involves small, solar-powered robots that use wire meshes to collect harmful algae blooms, release oxygen through air stones to combat oxygen depletion, and utilise zeolite biofilters to absorb excess nutrients, thereby preventing further eutrophication.

    The key selling point is its self-sustaining business model. The collected algae will be sold to businesses that convert them into biofuels and other sustainable products, creating a revenue stream to fund more robots. This approach not only restores aquatic ecosystems but also fosters sustainability and generates economic value.

    Aleksandra’s solution also aligns with the UN SDG 14: Life Below Water, promoting ecological restoration and sustainability.

    Luisanny Martinez – Skomby by Tex

    Skomby by Tex is a solution to modern challenges in fashion and sustainability that offers a sustainable, biodegradable material made from kombucha fermentation by-products. The eco-friendly alternative to traditional leather and textiles is crafted from bacterial cellulose, offering a lightweight, durable, and unique texture. 

    The material is 100% biodegradable and compostable, and can even be reused as planting capsules. To further enhance the sustainable model of the business, the team uses natural dyes like turmeric, spirulina, and saffron, ensuring no toxic chemicals are involved.

    Skomby by Tex collaborates with local kombucha producers in order to reduce waste and emissions. Luisanny’s long-term vision is to scale production while maintaining low-impact manufacturing practices, such as sun drying and ambient-temperature fermentation.

    Marta Bernardino – Trovador

    The precision reforestation market is projected to reach $9.77 billion by 2033, growing at a 5.74% CAGR, with high demand from the private sector. Recognising a billion-dollar opportunity, Marta developed Trovador, a reforestation robotics company that combats climate change by planting trees in hard-to-reach areas. Unlike drones, which have a low survival rate for seeds, Trovador’s hexapod robots plant saplings with a 90% survival rate. These AI-driven robots navigate challenging terrains like cliffs and slopes, ensuring effective reforestation.

    Trovador’s unique hexapod design preserves essential soil conditions for sapling survival and operates autonomously, overcoming obstacles in real-time. This innovative approach supports sustainability by providing rural communities with a safe, efficient reforestation solution, aligning with several UN Sustainable Development Goals.

    The service is quite simple and self-explanatory: clients select the planting site, the robot is deployed, and reforestation is monitored remotely. With just £2.5 (€3) per tree, Trovador is 30% more affordable than traditional methods, while excelling in speed, safety, and sustainability.

    Sebastiaan Schalkwijk – Solar Sub

    Solar Sub’s floating solar solution revolutionises renewable energy by placing solar panels on water bodies, maximising land use and harnessing natural cooling. This approach enhances system efficiency, increasing energy yield by up to 27% compared to traditional solar systems.

    Solar Sub’s advanced cooling technology and optimal panel positioning improve efficiency and durability, reducing operational costs and extending the lifespan of solar installations. This innovation sets Solar Sub apart from competitors facing issues with panel overheating and degradation.

    Sebastiaan adopts a licensing business model which allows rapid scaling without significant capital investment. This reduces upfront costs and risks, enabling us to focus on strategic partnerships. His model has gained traction with support from key industry players, confirming market interest and feasibility.

    Zain Sumdani – Exoheal

    Exoheal addresses the global shortage of physiotherapists and the inaccessibility of effective therapy with a robotic glove and a machine-learning-powered app. This solution delivers personalised, real-time therapy, enabling stroke recovery from home. Early trials show a 50% improvement in recovery time compared to traditional methods.

    Exoheal app connects patients with hospitals and clinics, allowing remote monitoring and real-time feedback. Its modular design and scalable production ensure affordability and the ability to meet global demand.

    By 2028, Zain and his team aim to transform 100,000 lives, saving governments $178 million in healthcare costs and enabling $16 million in inpatient earnings.

    For more information on the Young Entrepreneurs Challenge visit: youngentrepereneurschallenge.com


    About Unloc

    Unloc was founded in 2013 by award-winning young leaders and advocates Hayden Taylor and Ben Dowling. Our mission is to empower young people to be innovative changemakers who seek to build stronger communities and sustainable businesses. We develop young people’s skills, enhance their potential and boost their determination to succeed. This is encapsulated in our ‘Developing Young Potential’ tagline. We work towards our mission by delivering inspiring educational programmes in our growing network of schools and colleges, our physical Changemaker Studios spaces in Portsmouth and London, and work with business leaders to deliver a range of programmes that help us achieve our mission. For more information about Unloc visit www.unloc.org.uk

    MIL OSI Economics

  • MIL-OSI Economics: Thales and Sopra Steria announce strategic partnership enabling digital transformation of European Air Traffic Management

    Source: Thales Group

    Headline: Thales and Sopra Steria announce strategic partnership enabling digital transformation of European Air Traffic Management

    • Thales and Sopra Steria form a strategic partnership to drive the digital transformation of the Air Traffic Management (ATM) ecosystem in Europe.
    • The two companies will develop and offer a digital platform– OpenSky Platform – and associated services to support greener aviation.
    • This ultra-secure, open-architecture platform offers long-term flexibility and interoperability for ANSPs (Air Navigation Service Providers) in Europe. This initiative by Thales and Sopra Steria supports the objectives of the latest European Air Traffic Management Master Plan to harmonize flight operations in Europe.
    © photographer Ralf Maassen

    Paris, FRANCE – February 18, 2025 – Thales (Euronext Paris: HO), a global high technology leader, and Sopra Steria (Euronext Paris: SOP), a major player in the European Tech sector, announce a new multiyear partnership, which will lead the digital transformation of the Air Traffic Management (ATM) industry in Europe. The two players will combine their industrial and digital expertise in ATM to offer Thales’ OpenSky Platform, a safe, secure digital platform, together with associated services to support sustainable aviation and modernise European ATM. Through its dedicated aerospace organisation, Aeroline, Sopra Steria will support Air Navigation Service Providers (ANSPs) with digital transformation challenges.

    The new version of the European ATM Master Plans aims to drive the digital transformation of ATM in Europe. ​ The Thales and Sopra Steria strategic partnership will support this new strategic direction for Europe, as well as enabling the migration to a new service delivery model for ANSPs.

    ATM systems need to support the continuous growth of air traffic, support ANSPs offer more sustainable aviation services, and be compliant with the latest safety and cybersecurity standards and requirements. This can be done by using open architectures and interfaces, to ensure that ANSPs have access to best-of-breed components, applications and systems over the long-term.

    Adopting open architectures in ATM enhances interoperability between third-party systems, drives cost efficiencies and facilitates the seamless integration of new technologies. The Thales OpenSky Platform is a fully open, cyber-secure platform which ensures that ANSPs are able to benefit from this digital transformation, without compromising the safety and security of ATM solutions.

    Thales and Sopra Steria aim to innovate together, in order to support the current and future challenges and transformation strategies of air traffic management.

    “This partnership aligns perfectly with Thales’ ambition to support the digital transformation of ATM in Europe. Achieving this transformation requires a strong focus on the resilience and cybersecurity of our platforms. Through this strategic partnership, Thales is extending its cybersecurity expertise and end-to-end digital transformation capabilities in the ATM sector.” said Christian Rivierre, VP Airspace Mobility Solutions, Thales.

    “This partnership with Thales enables us to offer our customers innovative, high-performance and secure solutions for air traffic management, by combining our air traffic management development strategy, as well as recognised expertise and assets throughout Europe.” commented Xavier PECQUET, member of Sopra Steria’s Executive Board and Director of Aeroline.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence & Security, Aerospace, and Cyber & Digital.

    It develops products and solutions that help make the world safer, greener and more inclusive.

    The Group invests close to €4 billion a year in Research & Development, particularly in key innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.

    Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of €18.4 billion.

    About Sopra Steria

    Sopra Steria, one of Europe’s leading players in the field of technology, with 52,000* employees in nearly 30 countries, is recognised for its consulting, services and digital solutions. It helps its customers drive their digital transformation and achieve tangible, lasting benefits. The Group provides a global response to the competitiveness challenges of large companies and organisations, combining in-depth knowledge of business sectors and technologies with a collaborative approach. Sopra Steria puts people at the heart of what it does and is committed to helping its customers make the most of digital technology to build a positive future. In 2023, the Group generated revenue of €5.8 billion.

    *Revalued following the disposal of Sopra Banking Software in September 2024.

    The world is how we shape

    Sopra Steria (SOP) is listed on Euronext Paris (Compartment A) – ISIN Code: FR0000050809

    For more information, visit our website at www.soprasteria.com/fr**Le monde est tel que nous le façonnons 

    MIL OSI Economics