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Category: Artificial Intelligence

  • MIL-OSI: HERE Technologies Launches GIS Data Suite: A New Standard in Foundational GIS Data for Esri Users

    Source: GlobeNewswire (MIL-OSI)

    • HERE helps eliminate data prep headaches with high-quality foundational data ready to go and tailored for Esri users.

    San Diego, CA (Esri User Conference) – HERE Technologies, the leading location data and technology platform, today announced the launch of the HERE GIS Data Suite, a comprehensive, ready-to-use foundational dataset designed to meet the evolving needs of GIS professionals using Esri platforms. The product officially debuts at the 2025 Esri User Conference July 14-18.

    Built by mapmakers who understand the real-world challenges of GIS, the HERE GIS Data Suite delivers high-quality, globally consistent data in a format optimized for seamless integration with ArcGIS Pro. 

    HERE GIS Data Suite allows users to get started immediately, without the burden of data preparation and curation. It includes vector tile basemaps, transportation network datasets, rich place and address information, locator files for geocoding and a pre-configured and pre-symbolized ArcGIS Pro project. The HERE GIS Data Suite features high-detail attribution, including advanced truck-specific information like height and weight restrictions, tolls and preferred routes. With regular quarterly global updates, users can rely on fresh, current and accurate data. 

    “The HERE GIS Data Suite is easy to use in our ArcGIS implementation, and the data itself has the attribution organized in a much more straightforward way than other alternatives,” said Kevin Depolo, GIS Analyst at Contra Costa County, CA Fire Protection District.

    Solving Real-World GIS Challenges
    Today’s GIS professionals face a common set of challenges: inconsistent and outdated data with time-consuming, pre-processing requirements. The HERE GIS Data Suite addresses these pain points head-on by:

    • Saving Time: Eliminate hours of data prep with ready-to-use vector tile basemaps, transportation network dataset and locator files that are configured and ready to go for ArcGIS Pro.
    • Increasing Confidence: Work with reliable, validated data that supports high-stakes decision-making.
    • Building Faster: Start projects immediately with high-quality base layers and premium content like traffic patterns, truck restrictions and detailed POIs.
    • Working Smarter: Download only what is needed; no more massive, unwieldy datasets. The suite lets users start small by purchasing data for a specific area of interest or region and expand as needed. 

    “GIS professionals spend significant time sourcing, vetting and preparing fragmented data from multiple vendors,” said Chris Handley, Vice President of Product Management at HERE Technologies. “The HERE GIS Data Suite comes pre-processed and ready for use, giving users a single, trusted source of data so they can focus on building powerful, accurate maps and delivering insights.”

    For 40 years, HERE has been a trusted provider of high-accuracy, enterprise-grade map data. The HERE GIS Data Suite is built on HERE’s data, which is used by governments, logistics providers, automotive companies and critical infrastructure operators worldwide. 

    Experience the HERE GIS Data Suite
    The HERE GIS Data Suite will be available for purchase directly from HERE. Check out HERE GIS Data Suite in action at the Esri User Conference, booth #915. Learn more about how HERE maximizes GIS capabilities at: https://www.here.com/gis

    Media Contacts
    Danielle Beer, U.S.
    danielle.beer@here.com

    Dr. Sebastian Kurme, Germany
    sebastian.kurme@here.com

    Vanessa Lee, APAC
    vanessa.lee@here.com

    About HERE Technologies
    HERE has been a pioneer in mapping and location technology for 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy. Find out how HERE is moving the world forward at here.com.

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    The MIL Network –

  • MIL-OSI: Unlock the Next Bitcoin‑Scale Boom with ABQuant’s BTCQuant Platform

    Source: GlobeNewswire (MIL-OSI)

    Washington, D.C, July 14, 2025 (GLOBE NEWSWIRE) — As Bitcoin surged over 300% between 2020 and 2023, digital assets have moved from speculative bets to a central pillar of modern finance. Billionaires like Elon Musk and Michael Saylor, and institutions like BlackRock and Goldman Sachs, have publicly embraced cryptocurrencies—solidifying their long-term value and legitimacy.

    At the heart of this global shift is AB Quant, a next-generation quantitative trading and cloud mining platform. Designed for both new and experienced investors, AB Quant offers a seamless way to earn passive income from Bitcoin, Ethereum, and other digital assets—without the need for mining hardware, high energy bills, or technical skills.

    Why Investors Are Choosing BTC AB Quant

    AI-Powered Quantitative Trading

    Traditional crypto mining requires heavy upfront costs and technical expertise. BTC AB Quant replaces that with automated, algorithm-driven trading and cloud mining. Just choose your contract, and the system takes care of the rest—settling profits every 24 hours.

    Start Risk-Free with a $100 Trial

    New users receive a $100 free trial—no strings attached. Explore the platform, experience real earnings, and start building your crypto portfolio without financial risk.

    Flexible Investment Options

    Whether you’re targeting fast returns or steady, long-term gains, BTC AB Quant offers flexible contracts tailored to your personal investment goals. Its smart algorithms adapt to changing market conditions, helping optimize performance while reducing risk.

    Join the Crypto Revolution

    Crypto is no longer a niche—it’s a global movement. AB Quant offers a trusted, low-barrier entry point for anyone looking to profit from the future of finance. With intuitive design and powerful automation, it brings Wall Street-grade strategies to the average investor.

    Boost Your Earnings with Referrals
    Users can earn 7% on first-level referrals and 2% on second-level referrals, turning your network into a passive income stream. It’s a simple way to expand your earnings while helping others join the crypto ecosystem.

    About BTC AB Quant
    Founded in 2020, AB Quant is a technology-forward company specializing in AI-powered digital asset services. The company is committed to sustainable mining, operating facilities powered by renewable energy sources like solar and wind. By integrating green energy solutions and AI-driven algorithms, BTC AB Quant actively reduces carbon emissions and promotes environmentally responsible crypto investing.

    Contact Information

    Events: Performance Announcement

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    The MIL Network –

  • MIL-OSI Russia: China’s Digital Smart Manufacturing to Benefit Industrial Transformation in SCO Countries

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    TIANJIN, July 14 (Xinhua) — Umar Suleimanov, a student from Tajikistan who chose the Chinese name Wu Mofan, actively gestures with his hands in front of a video camera, showing various configurations of his wrist and fingers, and a bionic robotic arm installed nearby, equipped with tens of hundreds of multi-dimensional tactile sensors, instantly repeats these movements as a mirror image.

    All this took place at the recent Shanghai Cooperation Organisation (SCO) Forum on Digital Economy in the northern Chinese city of Tianjin and attracted the attention of many guests from SCO countries.

    “I learned that these bionic arms can sense mechanical information, sense temperatures, and differentiate between materials and textures. They can be applied to industrial production on a large scale, and can greatly improve the production efficiency of factories through data collection, algorithm integration, and other technological systems,” said Wu Mofan, a student at Tianjin Nankai University. He hopes that China’s digital smart manufacturing solutions and products can be spread to more countries to promote local development.

    The development of digital economy is a strategic direction in the new round of technological revolution and industrial transformation. With the promotion of targeted policies and guidelines, iterative approach in technology, huge market demand and other driving factors, China has shown impressive achievements in industrial upgrading through the development of digital manufacturing.

    According to the Ministry of Industry and Information Technology of the People’s Republic of China, there are currently more than 30,000 smart factories with basic automation, over 230 smart factories with full digitalization of production, and about 421 national-level smart manufacturing demonstration factories in China. In the first quarter of 2025, the operating revenue of China’s digital sector reached 8.5 trillion yuan (about 1.19 trillion US dollars), growing 9.4 percent year on year.

    “I am very impressed that more and more AI and robotics projects are being implemented in various industrial scenarios in China. In this regard, China has made very impressive progress,” said Mehmet Bozkurt, a senior expert at the Turkish Center for Asia-Pacific Studies.

    Pan Yuanyuan, deputy director of the International Investment Department at the Institute of World Economy and Politics under the Chinese Academy of Social Sciences, attributes the rapid development of China’s digital economy to its huge population, strong market demand, and rich application scenarios. “China’s achievements and accumulated experience in the digital economy are useful for countries seeking development,” she said.

    China has repeatedly reaffirmed its determination not only to digitalize its own industry, but also to assist other SCO countries in modernizing their production by exporting more and more digital technologies.

    Among the significant projects of cooperation between China and other SCO countries in the digital economy, Song Xianrong, a responsible official for international cooperation at the State Data Administration of the People’s Republic of China, highlighted the smart railway project in Mongolia with the participation of a Chinese enterprise, thanks to which the volume of coal production in areas located along the railway increased by 3-4 times, and the cost of transporting each ton of coal decreased from 32 to 15 US dollars, and the cost of operation and maintenance of the railway fell by 50 percent.

    Another striking example of such cooperation was a joint project between the Tianjin Design and Research Institute of the Cement Industry and the oil and gas company SOUTH-OIL of Kazakhstan, in which Chinese technologies and standards for digital intelligence were introduced into the production scenario in one of the modern industrial parks in the south of Kazakhstan.

    “China provides impressive intellectual solutions in the process of digital transformation of energy and industry,” said Gulnaziya Almakhanova, head of the International Relations Department at Korkyt Ata Kyzylorda University in Kazakhstan. “We hope that China will be able to share successful experience and solutions with other members of the SCO family so that more countries can benefit from this wave of technological revolution.”

    As it became known, at the SCO Forum on Digital Economy-2025 in Tianjin, a ceremony was held to sign documents in 12 projects of cooperation on the digital economy between China, Kazakhstan, Pakistan, Egypt and other countries. These projects are related to such areas as cross-border e-commerce and the construction of “smart” cities. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

  • AI 171 crash: preliminary report finds no mechanical or maintenance faults, says Air India CEO

    Source: Government of India

    Source: Government of India (4)

    Air India CEO and Managing Director Campbell Wilson on Monday said that the Aircraft Accident Investigation Bureau (AAIB) preliminary report on AI-171 plane crash in Ahmedabad has not found “mechanical or maintenance issues with the aircraft or engines” and urged people not to draw any “premature conclusions” before the investigation is completed.

    In an internal communication, Wilson said the report confirmed that all mandatory maintenance tasks had been completed and there were no faults with the quality of fuel used. He added that no abnormalities were found in the aircraft’s take-off roll.

    According to the letter, the pilots had passed their mandatory pre-flight breathalyser tests and there were no concerns regarding their medical status.

    “The report has identified no cause nor made any recommendations, so I urge everyone to avoid drawing premature conclusions as the investigation is far from over,” Wilson said. He assured that Air India would continue to fully cooperate with investigators to ensure a thorough and comprehensive inquiry.

    He added that until the final report is released, speculation and sensational headlines are likely to continue, but urged staff to remain focused on their work. “We must stay true to the values that have guided Air India’s transformation over the past three years — integrity, excellence, customer focus, innovation and teamwork,” he said.

    Wilson reiterated that the airline’s priorities remain standing by the bereaved families and the injured, working together as a team, and ensuring a safe and reliable air travel experience for customers.

    The AAIB’s Preliminary Report released on Friday said that both the engines of the aircraft were moved from “run” to “cutoff,” in quick succession, which resulted in the fuel supply to be cut off. The report says that in the cockpit voice recording, one of the pilots is heard asking the other why he did the cutoff, which the other pilot denied ever doing so.

    “The aircraft achieved the maximum recorded airspeed of 180 Knots IAS at about 08:08:42 UTC and immediately thereafter, the Engine 1 and Engine 2 fuel cutoff switches transitioned from RUN to CUTOFF position one after another with a time gap of 01 sec. The Engine N1 and N2 began to decrease from their take-off values as the fuel supply to the engines was cut off,” the preliminary report said.

    The crash of Air India’s Boeing 787-8 Dreamliner in Ahmedabad, Gujarat claimed the lives of 260 people, including 229 passengers, 12 crew members, and 19 people on the ground.

    (Input from agencies)

  • Coaching Centres Have Turned Out To Be Poaching Centres; Have Become Black Holes For Talent In Regimented Silos: Vice-President

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>Sovereignty Will Not Be Lost Through Invasions, But Through Dependence On Foreign Digital Infrastructure, Says VP
    Technological Leadership Is The New Frontier Of Patriotism, Says VP
    Coaching Centres Must Use Their Infrastructure To Transform Into Skill Centres, Urges VP
    The Obsession With Perfect Grades And Standardized Scores Have Compromised Curiosity, Cautions VP
    Coaching Centers Are Against The Flow Of The National Education Policy, Says VP
    We Must Rise As Architects Of Our Own Digital Destiny; Influence The Destiny Of Other Nations, Emphasis VP
    We Need To Build Bharatiya Systems For Bharatiya Users And Globalize It, Says VP
    Vice-President Addresses 4th Convocation Of Indian Institute Of Information Technology, Kota

    The Vice-President of India, Shri Jagdeep Dhankhar, today said, “Coaching centres have turned out to be poaching centres. They have become black holes for talent in regimented silos. Coaching centres are mushrooming. This is menacing for our youth who are our future. We must address this malice that is worrisomely concerning. We cannot allow our education to be so smeared and tarnished.”

    https://x.com/VPIndia/status/1943984230503264468

    Shri Dhankahr further added, “Nations will no longer be compromised or colonized by armies as armies have now been replaced by algorithms. Sovereignty will not be lost through invasions, but through dependence on foreign digital infrastructure”, he noted.

    https://x.com/VPIndia/status/1943955750759674059

    The Vice-President called for a new vision of patriotism rooted in technological leadership, “We are getting into a new era, an era of new Nationalism. Technological leadership is the new frontier of Patriotism. We have to be world leaders in technological leadership.”

    Shri Dhankhar raised concerns over import dependence in critical sectors like defence, saying, “If we get technology driven equipment from outside, especially in sectors such as defence, that country has the power to bring us to a standstill.”

    https://x.com/VPIndia/status/1943955066417033546

    He explained how global power dynamics are changing in the digital age, saying, “The battleground of the 21st century is no longer land or sea. Gone are the days of conventional warfare. Our prowess, our power has to be determined by code, cloud and cyber.”

    Addressing the 4th Convocation Ceremony of the Indian Institute of Information Technology (IIIT), Kota in Rajasthan today as Chief Guest, Shri Dhankhar said, “How can we even speak of Gurukuls today—among the 22 visual depictions in the Indian Constitution, there is also an image of a Gurukul. We have always believed in the donation of knowledge. Coaching centres must use their infrastructure to transform into skill centres. I urge civil society and public representatives before me and outside to appreciate the urgency of this disease. They must converge to restore sanity in education. We need coaching for skill”, he mentioned.
     
    Shri Dhankhar underlined how obsession with marks is harming the spirit of learning, saying, “The obsession with perfect grades and standardized scores have compromised curiosity,  which is an inalienable facet of human intelligence. The seats are limited but coaching centers are all over the country. They prepare the minds of students for years together and robotize them. Their thinking has absolutely stymied. A lot of psychological problems can arise out of it.”

    The Vice-President encouraged students to look beyond grades, saying, “Your marksheets and grades will not define you. When you take a leap into the competitive world, your knowledge and thinking mind will define you.”

    Turning to the digital world, the Vice-President emphasized, “A smart app that doesn’t work in rural India is not smart enough. An AI model that doesn’t understand regional languages is incomplete. A digital tool that excludes the disabled is unjust.”

    Shri Dhankhar encouraged the youth to become leaders in building local solutions for global impact, saying, “Youth of Bharat must be conscious keepers of the tech world. We need to build Bharatiya systems for Bharatiya users and globalize it.”

    Urging Indians to lead the world in digital self-reliance, he said, “We must rise as architects of our own digital destiny and also influence the destiny of other nations. Our coders, data scientists, blockchain innovators, and AI engineers are the modern-day nation builders. India, once a global leader cannot afford to be at rest just being a passive user nation of borrowed technologies. Earlier we used to wait for technology. The gap was decades. It has narrowed down to weeks now. We should actually be exporting technology.”

    https://x.com/VPIndia/status/1943968806189383966

    Shri Dhankhar strongly opposed the idea of education being treated like an assembly line, saying, “We must end this assembly-line culture, because this culture is very dangerous for our education. Coaching centers are against the flow of the National Education Policy. This creates unnecessary hiccups and impediments in growth and progress.

    “Money is poured into billboards and advertisements in newspapers. This money comes from those who either take loans or who painstakingly paid to make their future brighter. This is not optimal utilisation of money, and these advertisements are alluring but they are eyesores for our civilisational ethos.”, he noted.

    He concluded with a sharp critique of rote learning culture, saying,  “We are facing the crisis of cramming culture which has transformed vibrant minds into mechanical repositories of temporary information. There is no absorption. There is no understanding. It is creating intellectual zombies rather than creative thinkers. Cramming creates memory without meaning. Cramming creates memory without meaning and adds degrees without depth.”

    https://x.com/VPIndia/status/1943942628577583237

    Shri Haribhau Kisanrao Bagde, Governor of Rajasthan, Lt. Gen. (Retd.) A.K. Bhatt, Chairperson, BoG, IIIT, Prof. N.P. Padhy, Director and other dignitaries were also present on the occasion.

  • MIL-OSI Africa: Strengthening Immunity, One Dose at a Time: Malawi’s Inactivated Polio Vaccine (IPV2) Success Story

    Source: APO


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    In the heart of Southern Africa, Malawi has taken a bold step in the fight against polio. After reporting its first case of Wild Poliovirus Type 1 (WPV1) after 30 years in 2022, the country responded with urgency and resolve. By May 2024, thanks to multiple vaccination campaigns, vigilant surveillance and strengthened immunization systems, Malawi was declared polio-free once again. But the journey didn’t end there.

    With the looming threat of circulating Vaccine-Derived Poliovirus Type 2 (cVDPV2) from neighboring countries, Malawi recognized the need to boost its population’s immunity. Backed by GAVI, The Vaccine Alliance funding and guided by the Malawi Immunization Technical Advisory Group (MAITAG), the Ministry of Health introduced the second dose of the Inactivated Polio Vaccine (IPV2) into the national immunization schedule in December 2024.

    This milestone was more than a policy shift—it was a nationwide movement:

    • Over 187,348 eligible children better protected from Polio following vaccination with 2nd Dose of IPV as of April 2025

    • 17,000 health workers were trained across all districts.

    • IPV2 was rolled out in every health facility, including outreach posts in remote areas.

    • Community engagement efforts flourished, with local leaders and health workers leading sensitization campaigns.

    • Data management tools and systems were updated to incorporate the new vaccine

    In Karonga District, which borders Tanzania and faces high cross-border transmission risk, the rollout was seamless. Health workers reported no challenges, and community members welcomed the new dose with open arms. 

    Mr. Kayuni, an area supervisor with over 20 years of experience in immunization programming within the district, discussed the introduction of IPV2, which aims to enhance protection against the type 2 poliovirus. He noted that due to the anticipated benefits of IPV2, efforts had been increased in community awareness regarding the new dose to reduce vaccine hesitancy for improved coverage.

    At the Mlongoti outreach post, a structure built by the community demonstrates their support for the health system and immunization program. Suzgika Gondwe, a local mother, expressed her understanding that this dose reduces the risk of polio for her child. Another caregiver, Gift Ngofi, mentioned that she believed in the benefits of the additional dose because the information came from their community health workers. Temwa Kaula supported her community members’ opinions, noting no expected harm beyond typical vaccine side effects from the new dose. All three caregivers discussed the overall importance of vaccines, observing fewer illness episodes for their children, decreased hospital visits, and increased time for income-generating activities.

    This success story is not just about a new vaccine—it’s about resilience, trust, and community-driven health progress. With continued support and vigilance, Malawi is not only protecting its children today but also securing a polio-free future for generations to come.

    Distributed by APO Group on behalf of World Health Organization (WHO) – Malawi.

    MIL OSI Africa –

  • MIL-OSI Africa: Unlocking Opportunity: How India can Harness the Africa Corridor to Grow Merchandise Exports (By Shivank Goel)

    Source: APO


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    By Shivank Goel, an Indo-Africa Corridor Specialist at RMB (www.RMB.co.za)

    At GTR Africa 2025, a diverse panel of experts – including representatives from the Reserve Bank of India’s research wing, MSME chambers and leading financial institutions – explored the question of how India can double its export trade to reach the government’s target of $2 trillion by 2030. In 2024, India’s exports of goods and services were estimated at over $800 billion, up 5.6% year on year. Yet services continue to outpace goods, with an eight-percentage-point lead in growth.

    For India to achieve a more balanced export profile and reach its national targets, boosting merchandise exports is imperative. Africa stands out as a significant factor in helping India achieve its ambitious goals, particularly as a market for Indian merchandise exports. Financial institutions have a substantial role to play in supporting this trade and unlocking the opportunities within the India-Africa corridor.

    A growth market with strategic alignment 

    Africa is home to some of the fastest-growing economies in the world. Across sectors such as infrastructure, pharmaceuticals, automotive components, agriculture, and consumer goods, Indian products are already gaining traction. Shared cultural and historical ties, a largely English-speaking business environment, and similar developmental goals in education, technology, healthcare, and infrastructure position the two regions as natural trade partners. 

    With the establishment of the African Continental Free Trade Area (AfCFTA), Africa is poised to become more integrated with an addressable market of 1.2 billion people, $3.4 trillion in GDP, and reduced intra-continental tariffs. This transforms the way Indian exporters can approach the region, moving from fragmented country-specific strategies to viewing Africa as a unified, high-growth destination, not only for trade but also for embedding into the region as a way to participate in the global value chain.

    Financial and structural hurdles to overcome 

    Although this opportunity is promising, Indian exporters, particularly micro, small and medium enterprises (MSMEs), face several challenges in navigating African markets. One of the most significant hurdles is logistical complexity, including infrastructure constraints in certain regions, which can disrupt supply chains and increase the cost and time of moving goods across borders.

    Another key concern is partner and counterparty risk. In many cases, assessing the creditworthiness of potential trading partners is difficult, and this uncertainty can deter Indian firms from entering new markets. Exporters must also contend with foreign exchange volatility and concerns about the timely and secure repatriation of funds, which can further complicate trade with certain African countries.

    In addition, many exporters – particularly newer or smaller firms – struggle to access the working capital and trade finance required to scale operations or explore new markets. These financing gaps can limit their ability to take advantage of the growing opportunities presented by Africa’s expanding consumer base and regional trade integration.

    Overcoming these barriers requires a holistic financial approach that combines a deep understanding of local markets with tailored credit solutions, risk mitigation tools, and long-term partnership models.

    Digitisation is a critical enabler of trade finance 

    As global trade becomes increasingly volatile due to shifting tariffs, regulatory uncertainty, and tightening cycles, efficiency and agility are critical. Digital transformation plays a pivotal role in reducing costs and improving access to finance.

    Innovations such as e-bills of lading, blockchain-based guarantees, and the use of machine learning and AI for document verification and compliance checks can reduce delays and human error in cross-border trade processes. While traditional trade finance cycles can take 60 to 90 days, digital solutions allow exporters to respond quickly to market changes and manage cash flow more effectively.

    Banks and financiers investing in African-led digitisation efforts are well placed to support Indian exporters entering or expanding in the region. By building digital platforms that align with local regulatory environments and business norms, financial partners can help unlock a new era of trade connectivity between the two regions. 

    Leveraging AfCFTA for regional and global value chains 

    One of the most powerful tools available to Indian exporters is the ability to use Africa not just as an end market but also as a base for regional and global value chain participation. With AfCFTA aiming to eliminate trade barriers between African nations, a company that invests or establishes operations in one country could potentially access the entire continent tariff-free. 

    This opens new opportunities to move up the value chain through manufacturing, technology transfer, and joint ventures that foster local capacity while increasing India’s global trade footprint. It also encourages long-term thinking and investment in the corridor, for shared prosperity, rather than short-term export opportunism. 

    The need for skills and inclusive innovation 

    Export growth cannot happen in a vacuum. Both India and Africa need to invest in upskilling and reskilling their workforces, particularly in fields like engineering, logistics, manufacturing, and infrastructure. Encouraging more people to pursue careers in these sectors is essential in building long-term trade resilience. 

    Technology must be made accessible and inclusive, with tools and training offered in local languages and tailored to diverse educational backgrounds. The goal is not to replace people with machines, but to empower people to work more effectively with technology, enhancing efficiency, accuracy, and productivity, particularly in the areas of financing and trade compliance. 

    The role of diplomacy 

    India’s growing diplomatic and economic engagement with Africa is already yielding results. During its presidency of the G20 in 2023, India championed the inclusion of the African Union as a permanent member, highlighting its ambition to serve as a voice for the Global South. 

    Today, India is collaborating with African nations on digital infrastructure, payment platforms, energy projects, naval cooperation, and more. From tech stack adoption in countries like Ghana and Angola, to partnerships between Indian public sector firms and African energy providers, the bilateral relationship is rapidly deepening. 

    To accelerate trade, policy frameworks on both sides must evolve to support openness, competition, and innovation. Incentives for exporters, joint R&D investments, streamlined customs procedures, and predictable regulations will all play a critical role. 

    Building a corridor for shared prosperity 

    The India–Africa trade corridor represents one of the most promising frontiers for growing Indian merchandise exports in the coming decade. The geopolitical environment is increasingly supportive, and there is significant scale and numerous synergies that can be leveraged for expansion.  

    By investing in digital transformation, financial access, skills development, and long-term policy alignment, stakeholders across the trade ecosystem, from governments and banks to MSMEs and large corporates, can build a corridor that delivers shared growth and resilience. Africa is not just a market to be tapped; it has the potential to become a strategic partner for India in shaping the future of global trade. 

    Distributed by APO Group on behalf of Rand Merchant Bank.

    About the Author:
    Shivank Goel is an Indo-Africa Corridor Specialist at RMB. He was a panellist at GTR Africa 2025, contributing to the discussion on policy and finance strategies to accelerate India’s merchandise exports and strengthen the India–Africa trade corridor. 

    MIL OSI Africa –

  • MIL-OSI Africa: World Health Organization (WHO) recommends injectable lenacapavir for Human Immunodeficiency Virus (HIV) prevention

    Source: APO


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    The World Health Organization (WHO) released today new guidelines recommending the use of injectable lenacapavir (LEN) twice a year as an additional pre-exposure prophylaxis (PrEP) option for HIV prevention, in a landmark policy action that could help reshape the global HIV response. The guidelines are being issued at the 13th International AIDS Society Conference (IAS 2025) on HIV Science, in Kigali, Rwanda.

    LEN, the first twice-yearly injectable PrEP product, offers a highly effective, long-acting alternative to daily oral pills and other shorter-acting options. With just two doses per year, LEN is a transformative step forward in protecting people at risk of HIV – particularly those who face challenges with daily adherence, stigma, or access to health care.

    “While an HIV vaccine remains elusive, lenacapavir is the next best thing: a long-acting antiretroviral shown in trials to prevent almost all HIV infections among those at risk,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “The launch of WHO’s new guidelines, alongside the FDA’s recent approval, marks a critical step forward in expanding access to this powerful tool. WHO is committed to working with countries and partners to ensure this innovation reaches communities as quickly and safely as possible.”

    The new guidelines come at a critical moment as HIV prevention efforts stagnate with 1.3 million new HIV infections occurring in 2024 – with disproportionate impact among key and priority populations, including sex workers, men who have sex with men, transgender people, people who inject drugs, people in prisons, and children and adolescents. WHO’s recommendation on LEN signals a decisive move to expand and diversify HIV prevention, giving people more options to take control over their health with choices that fit their lives.

    Simplified testing: a major barrier removed

    As part of these guidelines, WHO has recommended a public health approach to HIV testing using HIV rapid tests to support delivery of long-acting injectable PrEP, including LEN and cabotegravir (CAB-LA). The simplified testing recommendation removes a major access barrier by eliminating complex, costly procedures and enabling community-based delivery of long-acting PrEP through pharmacies, clinics, and tele-health.

    Next steps: call for implementation

    LEN joins other WHO-recommended PrEP options, including daily oral PrEP, injectable cabotegravir and the dapivirine vaginal ring, as part of a growing arsenal of tools to end the HIV epidemic. While access to LEN outside clinical trials remains limited at the moment, WHO urges governments, donors and global health partners to begin rolling out LEN immediately within national combination HIV prevention programmes – while collecting essential data on uptake, adherence and real-world impact.

    Additional WHO recommendations at IAS 2025

    For the first time, WHO’s treatment guidelines include a clear recommendation for the use of long-acting injectable cabotegravir and rilpivirine (CAB/RPV) as an alternative switching option for antiretroviral therapy (ART) for adults and adolescents who have achieved full viral suppression on oral ART and do not have active hepatitis B infection. This approach is designed to support people living with HIV facing adherence challenges to oral regimens.

    Updated guidelines on service delivery integration include recommendations to integrate HIV services with noncommunicable diseases (NCDs) such as hypertension and diabetes, as well as mental health care for depression, anxiety and alcohol use disorders into HIV services, alongside interventions to support ART adherence. Additionally, new guidelines on management of asymptomatic STIs recommend screening of gonorrhoea and/or chlamydia in key and priority populations.

    For people living with HIV who have mpox and are either ART naive or have experienced prolonged ART interruption, rapid initiation of ART is strongly recommended. Additionally, early HIV testing is advised for individuals presenting with suspected or confirmed mpox infection. WHO’s standard operating procedures further emphasize HIV and syphilis testing for all individuals with suspected or confirmed mpox.

    In response to the broader challenges facing HIV programmes, WHO has also issued new operational guidance on sustaining priority HIV services in a changing funding landscape. The guidance aims to provide a stepwise framework to help countries prioritize services, assess risks, monitor disruptions, and adapt systems to protect health outcomes and preserve progress.

    “We have the tools and the knowledge to end AIDS as a public health problem,” said Dr Meg Doherty, Director of WHO’s Department of Global HIV, Hepatitis and STI Programmes and incoming Director of Science, Research, Evidence and Quality for Health. “What we need now is bold implementation of these recommendations, grounded in equity and powered by communities.”

    HIV remains a major global public health issue. By the end of 2024, an estimated 40.8 million people were living with HIV with an estimated 65% in the WHO African Region. Approximately 630 000 people died from HIV-related causes globally, and an estimated 1.3 million people acquired HIV, including 120 000 children. Access to ART continues to expand, with 31.6 million people receiving treatment in 2024, up from 30.3 million in 2023.

    At a time of reduced funding for HIV and health, WHO’s new and updated guidelines offer practical, evidence-based strategies to sustain momentum. By expanding prevention and treatment options, simplifying service delivery and promoting integration with broader health services, they support more efficient, equitable, and resilient HIV responses. Now is the moment for bold implementation to ensure these gains translate into real-world impact.

    Distributed by APO Group on behalf of World Health Organization (WHO).

    MIL OSI Africa –

  • MIL-OSI: Hyperscale Data Reduces Debt by Over $20 Million, Strengthens Balance Sheet Ahead of Planned Michigan AI Data Center Expansion

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 14, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced it has reduced its outstanding debt by more than $20 million, representing a significant milestone in its transformation into a pure-play artificial intelligence (“AI”) data center platform.

    This material debt reduction strengthens the Company’s financial position as it prepares to advance the development of its 617,000-square-foot data center in Michigan into a major hub for AI infrastructure. The move underscores Hyperscale Data’s focus on long-term capital discipline, operational execution and value creation for stockholders.

    “This $20 million reduction in debt is an important step for Hyperscale Data,” said Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “By strengthening our balance sheet, we’re better positioned to accelerate the buildout of our Michigan AI facility, an asset we believe is poised to become a premier AI data center location in North America. Further, we expect to soon announce that we have begun the procurement of critical components necessary to support the requirements of an AI data center as well as begin work on increasing the existing capacity to deploy an additional 40 megawatts (‘MW’) of power.”

    Following the reduction, the Company believes its remaining debt is relatively insignificant in the context of its strategic growth plans. With a more agile capital structure, Hyperscale Data is now focused on scaling operations, onboarding enterprise and hyperscale customers and unlocking the full potential of its infrastructure.

    In February 2025, the Company’s indirect, wholly owned subsidiary, Alliance Cloud Services, LLC (“ACS”), reached an agreement in principle with its primary local utility to expand available power from approximately 30 MW to 300 MW. Completion of this upgrade is expected to take approximately 44 months from the execution of a formal letter of authorization, which is currently under negotiation.

    Additionally, ACS has reached an agreement in principle with the local natural gas utility to supply an extra 40 MW of power. This portion of the project is expected to be completed within 18 months of executing definitive agreements. In total, these upgrades would expand the facility’s capacity to approximately 340 MW. Once completed, the facility is expected to support hyperscale cloud providers, AI model training and enterprise computing use cases spanning machine learning, advanced analytics and real-time inference.

    The Company sees strong validation in the market for large-scale AI data centers. For example, Applied Digital Corporation recently secured a 15-year hosting contract with CoreWeave, Inc., expected to generate over $7 billion in aggregate revenue from 250 MW of AI and high-performance computing (“HPC”) infrastructure.

    Hyperscale Data intends to complete its previously announced separation from Ault Capital Group, Inc. (“ACG”) by year-end 2025. After the separation, Hyperscale Data will operate as a focused, standalone AI infrastructure business.

    “Our number one priority remains the Michigan buildout,” added Ault. “As AI and enterprise compute demand continues to grow, we believe this project can unlock significant long-term value. Today’s debt reduction enhances our ability to execute on this vision with greater speed and flexibility.”

    Successful execution of the Company’s data center strategy will require considerable capital investment and the ability to secure long-term partnerships with leading technology firms. Completion of the power upgrades is subject to a number of risks and uncertainties, one or more which could result in the project being curtailed, delayed or terminated, including, but not limited to: failure to agree upon terms and execute definitive agreements; the inability of the Company or ACS to raise sufficient funds to pay for the power upgrades and other expenditures; failure to obtain regulatory consents and approvals; the inability to obtain sufficient easements, rights-of-way and land rights necessary to the work to be performed, and other presently unforeseen events or conditions.

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

    About Hyperscale Data, Inc.

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

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Hyperscale Data Reduces Debt by Over $20 Million, Strengthens Balance Sheet Ahead of Planned Michigan AI Data Center Expansion

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 14, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced it has reduced its outstanding debt by more than $20 million, representing a significant milestone in its transformation into a pure-play artificial intelligence (“AI”) data center platform.

    This material debt reduction strengthens the Company’s financial position as it prepares to advance the development of its 617,000-square-foot data center in Michigan into a major hub for AI infrastructure. The move underscores Hyperscale Data’s focus on long-term capital discipline, operational execution and value creation for stockholders.

    “This $20 million reduction in debt is an important step for Hyperscale Data,” said Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “By strengthening our balance sheet, we’re better positioned to accelerate the buildout of our Michigan AI facility, an asset we believe is poised to become a premier AI data center location in North America. Further, we expect to soon announce that we have begun the procurement of critical components necessary to support the requirements of an AI data center as well as begin work on increasing the existing capacity to deploy an additional 40 megawatts (‘MW’) of power.”

    Following the reduction, the Company believes its remaining debt is relatively insignificant in the context of its strategic growth plans. With a more agile capital structure, Hyperscale Data is now focused on scaling operations, onboarding enterprise and hyperscale customers and unlocking the full potential of its infrastructure.

    In February 2025, the Company’s indirect, wholly owned subsidiary, Alliance Cloud Services, LLC (“ACS”), reached an agreement in principle with its primary local utility to expand available power from approximately 30 MW to 300 MW. Completion of this upgrade is expected to take approximately 44 months from the execution of a formal letter of authorization, which is currently under negotiation.

    Additionally, ACS has reached an agreement in principle with the local natural gas utility to supply an extra 40 MW of power. This portion of the project is expected to be completed within 18 months of executing definitive agreements. In total, these upgrades would expand the facility’s capacity to approximately 340 MW. Once completed, the facility is expected to support hyperscale cloud providers, AI model training and enterprise computing use cases spanning machine learning, advanced analytics and real-time inference.

    The Company sees strong validation in the market for large-scale AI data centers. For example, Applied Digital Corporation recently secured a 15-year hosting contract with CoreWeave, Inc., expected to generate over $7 billion in aggregate revenue from 250 MW of AI and high-performance computing (“HPC”) infrastructure.

    Hyperscale Data intends to complete its previously announced separation from Ault Capital Group, Inc. (“ACG”) by year-end 2025. After the separation, Hyperscale Data will operate as a focused, standalone AI infrastructure business.

    “Our number one priority remains the Michigan buildout,” added Ault. “As AI and enterprise compute demand continues to grow, we believe this project can unlock significant long-term value. Today’s debt reduction enhances our ability to execute on this vision with greater speed and flexibility.”

    Successful execution of the Company’s data center strategy will require considerable capital investment and the ability to secure long-term partnerships with leading technology firms. Completion of the power upgrades is subject to a number of risks and uncertainties, one or more which could result in the project being curtailed, delayed or terminated, including, but not limited to: failure to agree upon terms and execute definitive agreements; the inability of the Company or ACS to raise sufficient funds to pay for the power upgrades and other expenditures; failure to obtain regulatory consents and approvals; the inability to obtain sufficient easements, rights-of-way and land rights necessary to the work to be performed, and other presently unforeseen events or conditions.

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

    About Hyperscale Data, Inc.

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

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Hyperscale Data Reduces Debt by Over $20 Million, Strengthens Balance Sheet Ahead of Planned Michigan AI Data Center Expansion

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 14, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced it has reduced its outstanding debt by more than $20 million, representing a significant milestone in its transformation into a pure-play artificial intelligence (“AI”) data center platform.

    This material debt reduction strengthens the Company’s financial position as it prepares to advance the development of its 617,000-square-foot data center in Michigan into a major hub for AI infrastructure. The move underscores Hyperscale Data’s focus on long-term capital discipline, operational execution and value creation for stockholders.

    “This $20 million reduction in debt is an important step for Hyperscale Data,” said Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “By strengthening our balance sheet, we’re better positioned to accelerate the buildout of our Michigan AI facility, an asset we believe is poised to become a premier AI data center location in North America. Further, we expect to soon announce that we have begun the procurement of critical components necessary to support the requirements of an AI data center as well as begin work on increasing the existing capacity to deploy an additional 40 megawatts (‘MW’) of power.”

    Following the reduction, the Company believes its remaining debt is relatively insignificant in the context of its strategic growth plans. With a more agile capital structure, Hyperscale Data is now focused on scaling operations, onboarding enterprise and hyperscale customers and unlocking the full potential of its infrastructure.

    In February 2025, the Company’s indirect, wholly owned subsidiary, Alliance Cloud Services, LLC (“ACS”), reached an agreement in principle with its primary local utility to expand available power from approximately 30 MW to 300 MW. Completion of this upgrade is expected to take approximately 44 months from the execution of a formal letter of authorization, which is currently under negotiation.

    Additionally, ACS has reached an agreement in principle with the local natural gas utility to supply an extra 40 MW of power. This portion of the project is expected to be completed within 18 months of executing definitive agreements. In total, these upgrades would expand the facility’s capacity to approximately 340 MW. Once completed, the facility is expected to support hyperscale cloud providers, AI model training and enterprise computing use cases spanning machine learning, advanced analytics and real-time inference.

    The Company sees strong validation in the market for large-scale AI data centers. For example, Applied Digital Corporation recently secured a 15-year hosting contract with CoreWeave, Inc., expected to generate over $7 billion in aggregate revenue from 250 MW of AI and high-performance computing (“HPC”) infrastructure.

    Hyperscale Data intends to complete its previously announced separation from Ault Capital Group, Inc. (“ACG”) by year-end 2025. After the separation, Hyperscale Data will operate as a focused, standalone AI infrastructure business.

    “Our number one priority remains the Michigan buildout,” added Ault. “As AI and enterprise compute demand continues to grow, we believe this project can unlock significant long-term value. Today’s debt reduction enhances our ability to execute on this vision with greater speed and flexibility.”

    Successful execution of the Company’s data center strategy will require considerable capital investment and the ability to secure long-term partnerships with leading technology firms. Completion of the power upgrades is subject to a number of risks and uncertainties, one or more which could result in the project being curtailed, delayed or terminated, including, but not limited to: failure to agree upon terms and execute definitive agreements; the inability of the Company or ACS to raise sufficient funds to pay for the power upgrades and other expenditures; failure to obtain regulatory consents and approvals; the inability to obtain sufficient easements, rights-of-way and land rights necessary to the work to be performed, and other presently unforeseen events or conditions.

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

    About Hyperscale Data, Inc.

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

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

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

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

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

    The MIL Network –

  • MIL-OSI: Employees seek leadership development—but access gaps may hold them back, new report finds

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 14, 2025 (GLOBE NEWSWIRE) — InStride’s newly released 2025 Talent Priorities Report reveals that employees are ready to grow into leadership roles, but employers may be overlooking what’s required to support that growth. In the national survey, 90% of employees expressed interest in leadership development. Among those who expressed strong interest, mid-career professionals (29–44) made up the largest group.

    Two out of three HR leaders surveyed also indicated that leadership development is a top focus—suggesting alignment in principle, if not yet in practice.

    A disconnect between talent gaps and access gaps

    Despite this widespread enthusiasm for growth, the report uncovers a disconnect between HR priorities and employee needs. HR leaders are focused on solving talent gaps through retention, attraction, and upskilling, while employees point to access gaps, especially education, as the key to unlocking their growth. In fact, 78% of employees say they’d be more likely to pursue learning if tuition were paid upfront.

    Lauren King, Vice President of Talent Strategy and Workforce Development at Novant Health, remarked on the report’s findings: “You can’t use the word gap unless you’re willing to build a bridge.”

    Additional findings from the 2025 Talent Priorities Report

    Beyond demand for leadership development and disconnect between access and talent priorities, the report surfaced three other key findings shaping talent strategy in 2025:

    1. Education drives loyalty
      61% of employees say education benefits make them more likely to stay, and 65% say they influence where they apply. HR leaders, meanwhile, rank retention, attraction, and upskilling as their biggest talent challenges.
    2. Appetite for AI is widespread
      71% of employees are focused on growing AI skills through education, and 54% of HR leaders are looking for AI-powered education solutions.
    3. Skills-first approaches matter
      Both groups value job-aligned skills, whether gained through degrees or short-term credentials. Certification interest jumped from 28% to 34% year-over-year.

    Report insights spark discussion on next steps for employers

    The 2025 Talent Priorities Report draws from two national surveys conducted in early 2025: one of 1,000+ employees and another of 100+ HR and L&D leaders across industries.

    InStride, a leading provider of strategic education and skilling solutions, gave an early look at the findings at the company’s annual IMPACT summit in a panel featuring speakers from Novant Health and the Aspen Institute’s UpSkill America initiative, moderated by Nick Greif, InStride Vice President of Corporate Partnerships and External Affairs.

    “Talent gaps and access gaps are often two sides of the same coin,” said Greif. “When 78% of employees say they’d be more likely to pursue education if their employer paid tuition upfront, that’s a signal of interest and a call to action. However, most employers put up barriers like reimbursement schemes, clawbacks, and grade requirements that reduce the exact employee outcomes they are seeking. The good news is, solving for access is one of the clearest steps employers can take to unlock talent.”

    About InStride
    InStride solves corporate talent challenges with strategic education and skilling solutions. By breaking down barriers to learning, fostering career growth aligned with organizational goals, and simplifying program management, InStride delivers lasting impact. Named to TIME’s list of the World’s Top EdTech Companies of 2025, InStride partners with forward-thinking companies to drive meaningful social and business outcomes by providing access to life-changing education. Visit instride.com or follow InStride on LinkedIn for more information and up-to-date news.

    Contact:
    Sophia Puglisi, Communications Manager at InStride, sophia.puglisi@instride.com, 805-889-6273

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ef7f12c-afbe-4c43-8813-96a4a290194a

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Singapore Exchange Ltd. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Singapore Exchange Ltd. (SGX: S68; OTCQX: SPXCY, SPXCF), Asia’s most international multi-asset exchange operating equity, fixed income, currency and commodity markets, has qualified to trade on the OTCQX® Best Market.

    Singapore Exchange Ltd. begins trading today on OTCQX under the symbols “SPXCY, SPXCF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Singapore Exchange Ltd.’s move to the OTCQX Market underscores the importance of providing transparent and accessible trading for U.S. investors. International companies and exchanges trading on OTCQX meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    “We are excited to welcome Singapore Exchange Ltd. to the growing roster of international exchanges trading on the OTCQX Market,” said Jason Paltrowitz, OTC Markets EVP of Corporate Services. “This demonstrates our shared commitment to helping Asia-based companies leverage their home market listing to gain access to the U.S. through expanded cross-trading opportunities.”

    “As SGX expands its footprint in the U.S., with a rising share of our derivatives products traded during U.S. and European hours, we’ve seen growing interest from U.S.-based investors,” said Daniel Koh, Chief Financial Officer of Singapore Exchange (SGX Group). “Trading SGX shares on the OTCQX Market will further enhance our visibility and make it easier for U.S. investors to participate in our growth story. As a leading international multi-asset exchange headquartered in AAA-rated Singapore, we will continue to enhance liquidity across our pan-Asian products to meet the increasing global demand for Asian exposure.”

    About Singapore Exchange Ltd. (SGX Group)
    SGX Group seeks to serve as the world’s most trusted and efficient international marketplace, operating equity, fixed income, currency and commodity markets to the highest regulatory standards. As one ecosystem with global relevance and influence, we offer multiple growth avenues to our stakeholders through listing, trading, clearing, settlement, depository, data and index services. We are committed to lead on climate action by developing a world-class transition financing and trading hub through SGX FIRST (Future in Reshaping Sustainability Together), our multi-asset sustainability platform. Headquartered in AAA-rated Singapore, we are globally recognised for our risk-management and clearing capabilities. Find out more at www.sgxgroup.com.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI: OTC Markets Group Welcomes Singapore Exchange Ltd. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Singapore Exchange Ltd. (SGX: S68; OTCQX: SPXCY, SPXCF), Asia’s most international multi-asset exchange operating equity, fixed income, currency and commodity markets, has qualified to trade on the OTCQX® Best Market.

    Singapore Exchange Ltd. begins trading today on OTCQX under the symbols “SPXCY, SPXCF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Singapore Exchange Ltd.’s move to the OTCQX Market underscores the importance of providing transparent and accessible trading for U.S. investors. International companies and exchanges trading on OTCQX meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    “We are excited to welcome Singapore Exchange Ltd. to the growing roster of international exchanges trading on the OTCQX Market,” said Jason Paltrowitz, OTC Markets EVP of Corporate Services. “This demonstrates our shared commitment to helping Asia-based companies leverage their home market listing to gain access to the U.S. through expanded cross-trading opportunities.”

    “As SGX expands its footprint in the U.S., with a rising share of our derivatives products traded during U.S. and European hours, we’ve seen growing interest from U.S.-based investors,” said Daniel Koh, Chief Financial Officer of Singapore Exchange (SGX Group). “Trading SGX shares on the OTCQX Market will further enhance our visibility and make it easier for U.S. investors to participate in our growth story. As a leading international multi-asset exchange headquartered in AAA-rated Singapore, we will continue to enhance liquidity across our pan-Asian products to meet the increasing global demand for Asian exposure.”

    About Singapore Exchange Ltd. (SGX Group)
    SGX Group seeks to serve as the world’s most trusted and efficient international marketplace, operating equity, fixed income, currency and commodity markets to the highest regulatory standards. As one ecosystem with global relevance and influence, we offer multiple growth avenues to our stakeholders through listing, trading, clearing, settlement, depository, data and index services. We are committed to lead on climate action by developing a world-class transition financing and trading hub through SGX FIRST (Future in Reshaping Sustainability Together), our multi-asset sustainability platform. Headquartered in AAA-rated Singapore, we are globally recognised for our risk-management and clearing capabilities. Find out more at www.sgxgroup.com.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

  • MIL-OSI: Remittix Announces XRP-Compatible On-Ramp Solution as Part of Cross-Border Payment Expansion

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — As part of a bold effort to revolutionize worldwide remittance trends, Remittix (RTX) has unveiled a new XRP-based on-ramp option where users can trade Ripple’s native cryptocurrency directly to fiat currencies in its cross-chain wallet.

    This innovation puts Remittix on the same level as digital payment giants but with a quick, hassle-free doorway to real-world transactions.

    The shift is synchronized with booming XRP news, as the token keeps gaining momentum as an institutional payment backbone. By being compatible with XRP, Remittix takes advantage of an established blockchain infrastructure that is already optimized for speed, cost and reach globally.

    The XRP integration is just one piece of Remittix’s larger mission to be a crypto-to-fiat gateway that works everywhere. Having built up the experience with ETH, BTC, DOGE, SOL and now XRP, Remittix is meeting growing demand for low-gas-fee coins that deliver utility in the real world.

    The XRP-powered update precedes the highly anticipated Q3 beta launch of the Remittix wallet, which debuted live on YouTube in a preview recently. The wallet features non-custodial access, point-of-need crypto conversion and direct bank deposit, making it a front-runner in the emerging PayFi category of financial services.

    Enabling Remittix Adoption and Token Uptake

    Having sold more than 550 million RTX tokens and having raised more than $16 million through its presale so far, Remittix is rapidly closing in on its $18 million soft cap.

    The project’s momentum is due to several factors, including:

    • Recognition by analysts who feature RTX among the best cryptocurrencies to buy now
    • A strong real-world use case in international payments and remittances
    • Innovative DeFi functionality and remittance-enabling architecture
    • A generous 50% token bonus in the ongoing presale
    • A live token price of $0.0811 amid strong early demand

    With growing adoption, Remittix is aiming to become:

    • One of the best crypto presales of 2025
    • A promising next 100x cryptocurrency
    • A leader among cross-chain DeFi projects
    • A crypto asset with passive income potential

    Looking Ahead

    Remittix’s latest update further strengthens its role as a Layer 2 Ethereum alternative for mainstream finance. Now with XRP support turned on, Remittix further adds to its usability as a crypto solution focusing on real-world use cases, especially in underbanked payment corridors of Latin America, Africa and Southeast Asia.

    As XRP headlines and centralized exchanges face new scrutiny, Remittix offers a compliant, decentralized solution that marries crypto usability with fiat liquidity.

    Find out more about Remittix at the:

    Remittix Website

    Whitepaper & Presale Info

    Watch Wallet Preview on YouTube

    Contact: Andy Černý andy@remittix.io

    Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3ae70f98-ac11-4d9d-a6c5-9be4bf411107

    https://www.globenewswire.com/NewsRoom/AttachmentNg/91536e83-641e-4596-881e-06430c54d6ce

    The MIL Network –

  • MIL-OSI: Castellum, Inc. Publishes Letter to Shareholders

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., July 14, 2025 (GLOBE NEWSWIRE) — Castellum, Inc. (NYSE-American: CTM) (the “Company” and “Castellum”), a cybersecurity, electronic warfare, and software services and solutions company focused on the federal government, releases this letter to shareholders from Chief Executive Officer (“CEO”), Glen Ives.

    Dear Fellow Shareholders:

    With this month marking the one-year anniversary of my time as your CEO, I thought it an opportune time to thank you sincerely for your support and confidence in Castellum, Inc., re-emphasize how incredibly honored I continue to be to have this opportunity to lead our CTM team, provide a very brief update on our significant progress over this past year, and explain why I continue to be encouraged, confident, and genuinely excited for all of us at CTM as we look ahead.

    Since I assumed my role as your CEO on July 1st of last year, CTM has quickly and strategically transitioned from our four-year Phase 1 “start-up” period, during which we were focused on acquiring and integrating seven companies and uplisting to the NYSE American LLC (“NYSE American”). Last July, we made a strategic pivot to Phase 2, focusing on strengthening our foundational platform through organic growth. As I have affirmed constantly, time and again since last summer, our Phase 2 strategy is based upon a total, 100%, uncompromising, “all hands” commitment to organic growth.

    Over the past year, our CTM Team has been improving and energizing every aspect of our Company to compete in the “full and open” arena, as defined by the government, as a “large” business. We are completely integrated across CTM in every business function and have been laser focused on strengthening business development (“BD”) and organic growth through a broadening, deepening, and quality improvement of our opportunity pipeline and significantly enhancing our prospective capabilities in the key BD areas of opportunity development, capture management, and proposal development.

    Here’s a brief recap of what we have accomplished since July 1, 2024:

    • Leadership team restructured and strengthened with greater industry and technology experience:
    • Raised over $16 million through public offerings and warrant exercises;
    • Reduced our long-term debt to less than $5 million today;
    • Strong and healthy balance sheet – Improved cash/equity to debt ratio;
    • Won largest prime contract in CTM history with $103.3 million, a 5.5-year contract for Special Missions support of the Naval Air Systems Command Program Office PMA 290 Special Missions;
    • Established two mentor-protégé relationships and related joint ventures with woman-owned and native Hawaiian organizations;
    • Established a new subsidiary to focus on advanced technology products;
    • Consistent “best in industry” contractor performance assessment reports (“CPARS”), which is our “report card” from our government customers; and
    • Significant improvement and increases in the volume and quality of our proposals … for baseball fans, we want to get more at-bats, take more swings at the right pitches, get on base more with a good balance of singles, doubles, triples, and home runs.

    Today, we are an intensely competitive, leading-edge technology services and solutions team committed to national security and our warfighters. We provide relevant, timely, and world-class mission services and solutions to our defense and federal civilian customers through our government-awarded contracts. We bring unparalleled capabilities in software and systems engineering and integration, software development, and model-based systems engineering across every technology domain and mission area vital to our government mission customers. Going forward, our new advanced technology products subsidiary will complement our historic strong suit of tech-enabled services with the tech itself.

    Relevant, powerful, high-demand, high-value technology domains and mission capabilities:

    • Software development, software and systems engineering, systems integration, model-based systems engineering;
    • Electronic and information warfare;
    • Cybersecurity, AI/ML, data analytics, digital modernization, C5ISR;
    • Data and intelligence analysis; and
    • Strategic mission, policy planning, and development.

    At the very core, we have built and are building a premier, cohesive team – I couldn’t be prouder of the whole team we have built, top to bottom, left to right. We have brought together seven different companies, professionals from outside those organizations, and built an integrated and focused team that has been responsible for the many positive things that have happened, are happening, and will continue to happen.

    • With the equity raises, we will be able to lean into investments we are already making – business development and IT for organic growth, and it will allow us to pursue growth by acquisitions;
    • Contract wins will build success – credibility, service, and revenue;
    • Strong CPARS speaking to the high quality of our work;
    • Increase in proposals – improves our opportunities for winning; and
    • With our mentor-protégé joint ventures, we grow our business and help establish two worthy companies.

    We are now where we wanted to be when we first uplisted to the NYSE American in October 2022. We have now raised the capital we intended to support our organic and inorganic growth strategies. Since the time of uplisting, we have honed our skills and integrated our teams to be a better, stronger company. We are committed to winning and growing contracts, as well as making strategic acquisitions, to achieve our goal of becoming a large, premier defense company.

    Achieving these goals will lead to enhanced shareholder value for you, our shareholders, a stronger national defense, and more opportunities for our Castellum professionals. Over the past year, you have seen part of what we can do. In the coming years, we plan to achieve much, much more.

    Sincerely,

    /s/ Glen Ives, CEO

    About Castellum, Inc. (NYSE-American: CTM):

    Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government – https://castellumus.com.

    Forward-Looking Statements:

    This 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. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Words such as “will,” “would,” “believe,” and “expects,” and similar language or phrasing are indicative of forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: statements regarding the Company’s expectations for proposal, contract, and revenue growth, building value, serving our shareholders, and profitability; the Company’s ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget, operating under a prolonged continuing resolution, government shutdown, or breach of the debt ceiling, as well as the imposition by the U.S. government of sequestration in the absence of an approved budget; the ability of the U.S. federal government to unilaterally cancel a contract with or without cause, and more specifically, the potential impact of the U.S. DOGE Service Temporary Organization on government spending and terminating contracts for convenience. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s recently filed Form 10-Q, Item 1A. “Risk Factors” in the Company’s most recent Form 10-K, and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties, or not closing the described potential equity financing in this press release, could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

    Contact:
    Glen Ives
    President and Chief Executive Officer
    Phone: (703) 752-6157
    info@castellumus.com
    https://castellumus.com

    The MIL Network –

  • PMKVY trains 1.63 crore in 10 years, empowers workforce across traditional and emerging sectors

    Source: Government of India

    Source: Government of India (4)

    PMKVY has evolved from a large-scale training initiative into a dynamic tool for national development. After its initial pilot skilled almost 20 lakh candidates, PMKVY 2.0 expanded to strategically support the ‘Make in India’ and ‘Digital India’ campaigns, training 1.10 crore candidates. PMKVY 3.0 focused on precision-targeted training, seamlessly aligning with the National Education Policy and rapidly equipping COVID-19 frontline workers to meet the nation’s most urgent needs. This phase integrated training modules such as the Customised Crash Course Programme for COVID Warriors (CCCP for CW) and the Skill Hub Initiative (SHI), which mainstreamed vocational training with general education as envisaged under the National Education Policy, 2020. Under PMKVY 4.0, over 25 lakh candidates have been trained in the last three years, bringing the total number of trained candidates to 1.63 crore. The training imparted under PMKVY makes candidates employable in diverse industries like manufacturing, construction, healthcare, IT, electronics, and retail.

    Since its inception in 2015, PMKVY has steadily evolved into a key pillar of the Skill India Mission (SIM), aiming to bridge the gap between youth aspirations and employability through structured, industry-aligned training. The programme has expanded far beyond short-term courses, now encompassing apprenticeships, entrepreneurship support, global workforce readiness, and traditional crafts preservation.

    As of July 11, over 25 lakh youth have been trained under PMKVY 4.0—the latest phase of the scheme—reflecting a significant leap toward preparing India’s youth for both domestic and international job markets. This version of the programme integrates cutting-edge features like digital tracking, AI-based analytics, credit portability through the Academic Bank of Credits, and links with the Skill India Digital Hub to provide a seamless experience connecting training, education, and employment.

    An Integrated Approach to Skill Development

    The broader Skill India Mission was restructured in 2022 to unify PMKVY, the National Apprenticeship Promotion Scheme (PM-NAPS), and the Jan Shikshan Sansthan (JSS) scheme under a single framework, enhancing operational efficiency and maximising outreach across both urban and rural areas.

    PMKVY began as a pilot in 2015–16, training nearly 20 lakh individuals. It scaled up significantly with PMKVY 2.0, aligning with national missions such as Make in India, Swachh Bharat, and Digital India. The subsequent version, PMKVY 3.0, responded to emerging challenges, launching initiatives like the Skill Hub (aligned with NEP 2020) and a crash course programme for frontline COVID-19 workers, training over 1.2 lakh health personnel.

    Inclusion and Innovation at the Core

    At the heart of PMKVY lies an unwavering focus on inclusion. Nearly 45% of the trained candidates are women, with strong representation from Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC). The scheme also undertook region- and community-specific projects: training Bru-tribe youth in Tripura, vocational programmes for prison inmates in Assam and Manipur, and upskilling women in Jammu & Kashmir through Namda craft revival initiatives.

    PMKVY’s Recognition of Prior Learning (RPL) component has played a crucial role in certifying the skills of informal sector workers—especially artisans and weavers in J&K and Nagaland—without the need for extended training, boosting their mobility in the job market.

    Balancing Heritage with Future-Ready Skills

    One of PMKVY’s defining strengths has been its dual focus—preserving traditional skills while embracing future technologies. Beneficiaries are being equipped for careers in manufacturing, healthcare, electronics, retail, and IT, but increasingly also in emerging fields like drones, mechatronics, AI, and the Internet of Things.

    In this effort, Centres of Excellence launched at National Skill Training Institutes (NSTIs) in Hyderabad and Chennai in June 2025 are set to become national reference points for high-quality instructor training and specialised skilling.

    Complementary Schemes Expanding the Skilling Ecosystem

    The momentum created by PMKVY has been bolstered by several complementary schemes. The PM Vishwakarma Yojana, launched in 2023, aims to support artisans from 18 traditional trades with training, toolkits, credit access, and marketing support. As of July 2025, over 2.7 crore applications have been received, with 29 lakh registrations completed.

    Meanwhile, the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), which targets rural youth, has trained nearly 17 lakh individuals since its launch in 2014, with over 11 lakh successfully placed in employment. Rural Self Employment Training Institutes (RSETIs), operated in partnership with banks, have trained more than 56 lakh people this financial year alone, fostering entrepreneurship in rural India.

  • MIL-OSI: BTCS Reaches $96.3 Million in Combined Crypto and Cash Market Value, Including 29,122 ETH Holdings

    Source: GlobeNewswire (MIL-OSI)

    Year-to-Date Capital Raise of $62.4 Million Supports Execution of DeFi/TradFi Flywheel Strategy

    Silver Spring, MD, July 14, 2025 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company short for Blockchain Technology Consensus Solutions, announced today that it has raised $62.4 million year-to-date in minimally dilutive capital while expanding BTCS’s Ethereum holdings to 29,122 a 221% increase from year end 2024.

    “By increasing our ETH per share while simultaneously driving meaningful revenue growth, we are building the premier Ethereum-focused public company,” said Charles Allen, CEO of BTCS. “BTCS stands apart in two keyways: first, our hallmark DeFi/TradFi flywheel, enables us to access capital at a low cost and deliver, leveraged exposure to Ethereum, and second our established track record, we’re the world’s oldest public blockchain company and have been laser focused on Ethereum infrastructure for nearly five years.”

    Ethereum Holdings Snapshot
    As of Friday, July 11, 2025, BTCS’s ETH holdings include:

    • Total ETH holdings: 29,122
    • ETH Market Value: $87.3 million at $3,000 per ETH
    • Staked ETH: 4,160 via Rocket Pool Nodes, 6,300 via Solo Nodes, 4,382 in staking queue
    • ETH posted to Aave as collateral: 14,280 with current annual earnings at approximately 2%

    “We believe that BTCS is the most leveraged Ethereum play in public markets today,” said Allen. “Our vertically integrated block building and node operations are generating record revenue, and when combined with our unique financial structure, BTCS offers investors scalable, high-growth exposure to Ethereum.”

    Sources of Capital
    Capital raised this year includes a combination of equity, convertible debt, and DeFi-based borrowing, aligned with BTCS’s strategy of optimizing ETH exposure while managing dilution:

    ATM Sales: $39.5 million (63%)
    Above-Market Convertible Debt: $7.4 million (12%)
    Aave Stablecoin Loans (DeFi): $15.5 million (25%)

    Leverage Cap
    To support scalable growth while managing risk, BTCS operates with a 40% Net Asset Value (“NAV”) leverage cap. This limit, encompassing the Company’s convertible debt and DeFi borrowing through Aave, is a cornerstone designed to enhance shareholder upside from Ethereum’s performance in a controlled manner. The following summarizes our estimated total assets, debt, and current debt-to-assets ratio as of July 11, 2025:

    • Total Crypto & Cash Assets: $96.3 million
    • Total Debt: $22.9 million
    • Current Debt-to-Assets Ratio: 24%

    DeFi/TradFi Accretion Flywheel
    BTCS is pioneering its distinctive capital formation strategy, coined the DeFi/TradFi flywheel, which is designed to utilize both decentralized and traditional finance to scale ETH holdings, leverage the Company’s vertically integrated operations, and ultimately drive shareholder value.

    This structure is designed to enable BTCS to grow revenue efficiently while maintaining transparency in our operations.

    Capital Structure Overview
    To help investors accurately assess BTCS’s intrinsic value and compare it with peers, we provide the following breakdown of our capital structure. This summary provides additional information to supplement our SEC filings.

    Equity Instrument Outstanding Fully Diluted
    Common Shares 30,804,144 30,804,144
    Common Shares – Subject to Forfeiture 1,149,801 1,149,801
    Convertible Debt (Conversion Price = $5.85)   1,334,679
    2025 Convert Warrants (Exercise Price = $2.75, exp. 5/13/2030)   988,766
    2021 RD Warrant (Exercise Price = $11.50, exp. 3/4/2026)   712,500
    Employee Options (Weighted Average Exercise Price = $2.22)   1,561,410
    Series V Preferred Stock (1)   16,004,738
    Total 31,953,945 52,556,038

    (1) Shareholders have authorized the board to convert to common stock. This includes approximately 1.1 million shares held by insiders, subject to forfeiture if market capitalization performance milestones are not met.
     

    About BTCS:
    BTCS Inc. (Nasdaq: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release constitute “forward-looking statements” within Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding our fundraising goals, driving meaningful revenue growth, Ethereum infrastructure operations, leverage strategies, and potential business growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation market conditions, regulatory issues and requirements, unanticipated issues with our At-The-Market Offering facility, unexpected issues with Builder+, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events or otherwise, except as required by law.

    For more information follow us on:
    Twitter: https://x.com/NasdaqBTCS
    LinkedIn: https://www.linkedin.com/company/nasdaq-btcs
    Facebook: https://www.facebook.com/NasdaqBTCS

    Investor Relations:
    Charles Allen – CEO
    X (formerly Twitter): @Charles_BTCS
    Email: ir@btcs.com

    The MIL Network –

  • MIL-OSI: Click Holdings Limited (CLIK) Pioneers Cryptocurrency Revolution in Senior Care: Exploring $100M Treasury in Bitcoin and Solana to Drive Innovation in the Booming Silver Economy

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 14, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, today announced its senior services sector. By integrating secure cryptocurrency solutions, including building a substantial treasury in Bitcoin and Solana, and developing crypto-enabled payment systems, CLIK aims to revolutionize payment efficiency, transparency, and accessibility for its growing portfolio of senior care services.

    CLIK’s exploration focuses on harnessing the power of cryptocurrencies to enhance its core offerings while capitalize on the appreciating value of these assets. CLIK is evaluating the development of a cryptocurrency treasury, with a particular emphasis on Bitcoin and Solana. This treasury could scale up to a value of US$100 million as the first step, and shall escalate further alongside business expansion.

    In addition, CLIK is exploring the implementation of cryptocurrency-enabled payment systems to enhance the efficiency and security of salary disbursements for its talent pool of over 20,500 registered professionals. CLIK is also assessing the potential of crypto-enabled payments to streamline billing processes for customers who opt to transact using cryptocurrency.

    “This initiative represents a bold step forward for CLIK, merging financial innovation with our mission to empower seniors through reliable, modern services,” said Jeffrey Chan, CEO of Click Holdings. “As the Silver Economy surges—driven by an aging population with significant spending power—we see immense potential in cryptocurrency to streamline operations, attract tech-savvy investors, and unlock new revenue streams. By building a robust Bitcoin and Solana treasury and integrating crypto payments, we’re not just adapting to the future; we’re leading it, delivering enhanced value to our shareholders through innovation and growth.”

    CLIK remains committed to regulatory compliance and will conduct thorough feasibility studies, including risk assessments and pilot programs, to ensure these innovations align with global standards and deliver tangible benefits to seniors and their families.

    About Click Holdings Limited

    Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.

    For more information, please visit https://clicksc.com.hk.

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 1709-11, 17/F
    Tower 2, The Gateway
    Harbour City, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network –

  • MIL-OSI: Click Holdings Limited (CLIK) Pioneers Cryptocurrency Revolution in Senior Care: Exploring $100M Treasury in Bitcoin and Solana to Drive Innovation in the Booming Silver Economy

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 14, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, today announced its senior services sector. By integrating secure cryptocurrency solutions, including building a substantial treasury in Bitcoin and Solana, and developing crypto-enabled payment systems, CLIK aims to revolutionize payment efficiency, transparency, and accessibility for its growing portfolio of senior care services.

    CLIK’s exploration focuses on harnessing the power of cryptocurrencies to enhance its core offerings while capitalize on the appreciating value of these assets. CLIK is evaluating the development of a cryptocurrency treasury, with a particular emphasis on Bitcoin and Solana. This treasury could scale up to a value of US$100 million as the first step, and shall escalate further alongside business expansion.

    In addition, CLIK is exploring the implementation of cryptocurrency-enabled payment systems to enhance the efficiency and security of salary disbursements for its talent pool of over 20,500 registered professionals. CLIK is also assessing the potential of crypto-enabled payments to streamline billing processes for customers who opt to transact using cryptocurrency.

    “This initiative represents a bold step forward for CLIK, merging financial innovation with our mission to empower seniors through reliable, modern services,” said Jeffrey Chan, CEO of Click Holdings. “As the Silver Economy surges—driven by an aging population with significant spending power—we see immense potential in cryptocurrency to streamline operations, attract tech-savvy investors, and unlock new revenue streams. By building a robust Bitcoin and Solana treasury and integrating crypto payments, we’re not just adapting to the future; we’re leading it, delivering enhanced value to our shareholders through innovation and growth.”

    CLIK remains committed to regulatory compliance and will conduct thorough feasibility studies, including risk assessments and pilot programs, to ensure these innovations align with global standards and deliver tangible benefits to seniors and their families.

    About Click Holdings Limited

    Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.

    For more information, please visit https://clicksc.com.hk.

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 1709-11, 17/F
    Tower 2, The Gateway
    Harbour City, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network –

  • MIL-OSI: Click Holdings Limited (CLIK) Pioneers Cryptocurrency Revolution in Senior Care: Exploring $100M Treasury in Bitcoin and Solana to Drive Innovation in the Booming Silver Economy

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 14, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, today announced its senior services sector. By integrating secure cryptocurrency solutions, including building a substantial treasury in Bitcoin and Solana, and developing crypto-enabled payment systems, CLIK aims to revolutionize payment efficiency, transparency, and accessibility for its growing portfolio of senior care services.

    CLIK’s exploration focuses on harnessing the power of cryptocurrencies to enhance its core offerings while capitalize on the appreciating value of these assets. CLIK is evaluating the development of a cryptocurrency treasury, with a particular emphasis on Bitcoin and Solana. This treasury could scale up to a value of US$100 million as the first step, and shall escalate further alongside business expansion.

    In addition, CLIK is exploring the implementation of cryptocurrency-enabled payment systems to enhance the efficiency and security of salary disbursements for its talent pool of over 20,500 registered professionals. CLIK is also assessing the potential of crypto-enabled payments to streamline billing processes for customers who opt to transact using cryptocurrency.

    “This initiative represents a bold step forward for CLIK, merging financial innovation with our mission to empower seniors through reliable, modern services,” said Jeffrey Chan, CEO of Click Holdings. “As the Silver Economy surges—driven by an aging population with significant spending power—we see immense potential in cryptocurrency to streamline operations, attract tech-savvy investors, and unlock new revenue streams. By building a robust Bitcoin and Solana treasury and integrating crypto payments, we’re not just adapting to the future; we’re leading it, delivering enhanced value to our shareholders through innovation and growth.”

    CLIK remains committed to regulatory compliance and will conduct thorough feasibility studies, including risk assessments and pilot programs, to ensure these innovations align with global standards and deliver tangible benefits to seniors and their families.

    About Click Holdings Limited

    Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.

    For more information, please visit https://clicksc.com.hk.

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 1709-11, 17/F
    Tower 2, The Gateway
    Harbour City, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network –

  • MIL-OSI: Click Holdings Limited (CLIK) Pioneers Cryptocurrency Revolution in Senior Care: Exploring $100M Treasury in Bitcoin and Solana to Drive Innovation in the Booming Silver Economy

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 14, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, today announced its senior services sector. By integrating secure cryptocurrency solutions, including building a substantial treasury in Bitcoin and Solana, and developing crypto-enabled payment systems, CLIK aims to revolutionize payment efficiency, transparency, and accessibility for its growing portfolio of senior care services.

    CLIK’s exploration focuses on harnessing the power of cryptocurrencies to enhance its core offerings while capitalize on the appreciating value of these assets. CLIK is evaluating the development of a cryptocurrency treasury, with a particular emphasis on Bitcoin and Solana. This treasury could scale up to a value of US$100 million as the first step, and shall escalate further alongside business expansion.

    In addition, CLIK is exploring the implementation of cryptocurrency-enabled payment systems to enhance the efficiency and security of salary disbursements for its talent pool of over 20,500 registered professionals. CLIK is also assessing the potential of crypto-enabled payments to streamline billing processes for customers who opt to transact using cryptocurrency.

    “This initiative represents a bold step forward for CLIK, merging financial innovation with our mission to empower seniors through reliable, modern services,” said Jeffrey Chan, CEO of Click Holdings. “As the Silver Economy surges—driven by an aging population with significant spending power—we see immense potential in cryptocurrency to streamline operations, attract tech-savvy investors, and unlock new revenue streams. By building a robust Bitcoin and Solana treasury and integrating crypto payments, we’re not just adapting to the future; we’re leading it, delivering enhanced value to our shareholders through innovation and growth.”

    CLIK remains committed to regulatory compliance and will conduct thorough feasibility studies, including risk assessments and pilot programs, to ensure these innovations align with global standards and deliver tangible benefits to seniors and their families.

    About Click Holdings Limited

    Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.

    For more information, please visit https://clicksc.com.hk.

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 1709-11, 17/F
    Tower 2, The Gateway
    Harbour City, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network –

  • MIL-OSI: Tower Semiconductor Announces Second Quarter 2025 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    MIGDAL HAEMEK, Israel – July 14, 2025 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2025 earnings release on Monday, August 4, 2025. The Company will hold a conference call to discuss its second quarter 2025 financial results and third quarter 2025 guidance on Monday, August 4, 2025, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).

    The call will be webcast live and accessible via the Investor Relations section of Tower Semiconductor’s website at https://ir.towersemi.com/. The pre-registration form required for dial-in participation is available both on the Investor Relations section and the Company’s homepage at https://www.towersemi.com. Upon completing registration, participants will receive dial-in details, a unique PIN, and a confirmation email with all necessary information. The teleconference will be available for replay for 90 days.

    About Tower Semiconductor         

    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

    ###

    Contact Information:
    Liat Avraham
    Investor Relations
    liatavra@towersemi.com | +972 4 650 6154

    Attachment

    The MIL Network –

  • MIL-OSI: Tower Semiconductor Announces Second Quarter 2025 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    MIGDAL HAEMEK, Israel – July 14, 2025 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2025 earnings release on Monday, August 4, 2025. The Company will hold a conference call to discuss its second quarter 2025 financial results and third quarter 2025 guidance on Monday, August 4, 2025, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).

    The call will be webcast live and accessible via the Investor Relations section of Tower Semiconductor’s website at https://ir.towersemi.com/. The pre-registration form required for dial-in participation is available both on the Investor Relations section and the Company’s homepage at https://www.towersemi.com. Upon completing registration, participants will receive dial-in details, a unique PIN, and a confirmation email with all necessary information. The teleconference will be available for replay for 90 days.

    About Tower Semiconductor         

    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

    ###

    Contact Information:
    Liat Avraham
    Investor Relations
    liatavra@towersemi.com | +972 4 650 6154

    Attachment

    The MIL Network –

  • MIL-OSI: Tower Semiconductor Announces Second Quarter 2025 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    MIGDAL HAEMEK, Israel – July 14, 2025 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2025 earnings release on Monday, August 4, 2025. The Company will hold a conference call to discuss its second quarter 2025 financial results and third quarter 2025 guidance on Monday, August 4, 2025, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).

    The call will be webcast live and accessible via the Investor Relations section of Tower Semiconductor’s website at https://ir.towersemi.com/. The pre-registration form required for dial-in participation is available both on the Investor Relations section and the Company’s homepage at https://www.towersemi.com. Upon completing registration, participants will receive dial-in details, a unique PIN, and a confirmation email with all necessary information. The teleconference will be available for replay for 90 days.

    About Tower Semiconductor         

    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

    ###

    Contact Information:
    Liat Avraham
    Investor Relations
    liatavra@towersemi.com | +972 4 650 6154

    Attachment

    The MIL Network –

  • MIL-OSI: Everything Blockchain Inc. to Launch MemeStrategy and Plans to Distribute Shares to Shareholders as Stock Dividend

    Source: GlobeNewswire (MIL-OSI)

    Jacksonville, Florida, July 14, 2025 (GLOBE NEWSWIRE) — Everything Blockchain Inc. (OTC: $EBZT), a public company combining a diversified crypto treasury with validator infrastructure income, today announced the formation and planned spin off of MemeStrategy Inc., a new public vehicle designed to bridge the world of internet meme culture with traditional equity markets.

    Under the proposed structure, EBZT shareholders will receive one share of MemeStrategy Inc. for every six shares of EBZT held, following the successful completion of the spin off. MemeStrategy will file a registration statement (Form S-1) with the U.S. Securities and Exchange Commission (SEC) and, upon approval, pursue quotation through FINRA to become a fully independent public company.

    What Is MemeStrategy?

    MemeStrategy aims to become the first public company focused exclusively on memecoins and viral digital assets, beginning with a concentrated treasury in PEPE, BONK, and SPX6900. Its mission is to become the most memeable stock on the market, with the long term ambition to represent digital culture inside major financial indices.

    “We built MemeStrategy to be the most viral stock in the market. The goal is simple, take something like SPX6900 and give it a real shot at the S&P 500.” said Arthur Rozenberg, CEO of Everything Blockchain Inc.

    Why the Spin Off Now?

    The launch of MemeStrategy strengthens EBZT’s broader mission: to become the market’s leading public crypto yield vehicle. EBZT will continue acquiring high conviction digital assets like SOL, TAO, and XRP while generating cash flow through validator operations and on chain strategies. MemeStrategy adds a complementary exposure to memedriven market cycles, letting EBZT shareholders benefit from both structural blockchain growth and viral retail momentum.

    “MemeStrategy captures the upside of market narrative and momentum. Together, they give our shareholders exposure to crypto’s two strongest forces: capital and attention,” said Arthur Rozenberg, CEO of Everything Blockchain Inc.

    Next Steps for Shareholders

    • Dividend ratio: 1 share of MemeStrategy for every 6 shares of EBZT held
    • Distribution timeline: Once the S-1 is filed and approved by the SEC, MemeStrategy will seek FINRA clearance for public trading
    • Official record and payable dates will be announced following regulatory approvals

    MemeStrategy will operate independently with its own roadmap, leadership team, and capital strategy.

    Check out the official launch site for MemeStrategy updates, filings, and dividend details: www.memestrategy.lol

    About Everything Blockchain Inc.

    Everything Blockchain Inc. (OTC: EBZT) is a public company focused on identifying and capitalizing on opportunities within the rapidly evolving blockchain and cryptocurrency sectors. The company’s strategy centers on building a diversified portfolio of leading crypto networks, with primary focus on Solana infrastructure, while pioneering innovative approaches to public company operations through blockchain technology. EBZT is positioned to become the first U.S. OTC-listed company to fully tokenize its equity.
    For more information, visit: www.everythingblockchain.io

    Contact Information

    Arthur Rozenberg

    CEO, Everything Blockchain, Inc.

    arthur.rozenberg@everythingblockchain.io

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to plans related to tokenization, treasury strategy, market opportunities, capital raises, and anticipated benefits of proposed initiatives. These statements are based on current expectations and involve risks and uncertainties, including but not limited to: the completion of necessary financing, regulatory approval, technical execution, market acceptance, competitive factors, and general economic conditions.
    Actual results may differ materially from those expressed or implied in forward-looking statements. Everything Blockchain Inc. undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

    The MIL Network –

  • MIL-OSI: Enerflex Ltd. Announces Extension of Revolving Credit Facility and Timing of Second Quarter Release

    Source: GlobeNewswire (MIL-OSI)

    All amounts presented in this release are in U.S. Dollar (“USD”) unless otherwise stated.

    CALGARY, Alberta, July 14, 2025 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) is pleased to announce that the Company has entered into an amended and restated credit agreement dated July 11, 2025 with respect to its syndicated secured revolving credit facility (the “RCF”). The maturity date of the RCF has been extended by three years to July 11, 2028 and availability is unchanged at $800 million. As at March 31, 2025, the Company had drawn $117 million on its RCF. Led by the Royal Bank of Canada as agent, Enerflex received renewed lending commitments from all current syndicate members.

    The Company also continues to maintain a $70 million unsecured credit facility (the “LC Facility”) with one of the lenders in its RCF syndicate. The LC Facility is supported by performance security guarantees provided by Export Development Canada.

    Joe Ladouceur, Enerflex’s CFO (Interim), commented, “We appreciate the strong support and continued partnership from our lending syndicate. The renewal of the RCF provides Enerflex with strong liquidity and improved terms, supporting efforts to deliver long-term growth and value creation for Enerflex shareholders.

    Enerflex’s near-term priorities remain unchanged and include: (1) enhancing the profitability of core operations; (2) leveraging the Company’s leading position in core operating countries to capitalize on expected increases in natural gas and produced water volumes; and (3) maximizing free cash flow to further strengthen Enerflex’s financial position, provide direct shareholder returns, and invest in selective customer supported growth opportunities.”

    Q2 Earnings Release

    Enerflex plans to release its financial results and operating highlights for the three and six months ended June 30, 2025, prior to the markets opening on Thursday, August 7, 2025. Results will be communicated by news release and will be available on the Company’s website at www.enerflex.com and under the electronic profile of the Company on SEDAR+ and EDGAR at www.sedarplus.ca and www.sec.gov/edgar, respectively.

    Investors, analysts, members of the media, and other interested parties, are invited to listen to or participate in a conference call and audio webcast on Thursday, August 7, 2025 at 8:00 a.m. (MDT), where members of senior management will discuss the Company’s results. A question-and-answer period will follow.

    Those wishing to listen or participate may register at https://register-conf.media-server.com/register/BI5f86b18a965d4257a4408154efdc3493. Once registered, participants will receive the dial-in numbers and a unique PIN to enter the call. The audio webcast of the conference call will be available on the Enerflex website at www.enerflex.com under the Investors section or can be accessed directly at https://edge.media-server.com/mmc/p/b7388nss/.

    ADVISORY REGARDING FORWARD-LOOKING INFORMATION

    This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” (and together with “forward-looking information”, “FLI”) within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are FLI. The use of any of the words “efforts”, “expected”, “may”, “plan”, “will”, and similar expressions, are intended to identify FLI. In particular, this news release includes (without limitation) FLI pertaining to the Company’s (i) continuing efforts to deliver long-term growth and value creation for Enerflex shareholders and the nature and success of such efforts, if at all; (ii) expectations for increases in natural gas and produced water volumes and the ability of the Company to capitalize on these increases; (iii) ability to continue to deliver direct shareholder returns; and (iv) expectation to release its financial results and operating highlights for the three and six months ended June 30, 2025, prior to the markets opening on Thursday, August 7, 2025.

    FLI reflects management’s current beliefs and assumptions with respect to such things as the impact of general economic conditions; commodity prices; the markets in which Enerflex’s products and services are used; general industry conditions, forecasts, and trends; changes to, and introduction of new, governmental regulations, laws, and income taxes; increased competition; availability of qualified personnel; political unrest and geopolitical conditions; and other factors, many of which are beyond the control of Enerflex. More specifically, Enerflex’s expectations in respect of its FLI are based on a number of assumptions, estimates and projections developed based on past experience and anticipated trends and, in respect of increases in natural gas and produced water volumes, industry third party data. As a result of the foregoing, actual results, performance, or achievements of Enerflex could differ and such differences could be material from those expressed in, or implied by, the FLI. The principal risks, uncertainties and other factors affecting Enerflex and its business are identified under the heading “Risk Factors” in: (i) Enerflex’s Annual Information Form for the year ended December 31, 2024, dated February 27, 2025; and (ii) Enerflex’s Annual Report dated February 26, 2025, copies of which are available under the electronic profile of the Company on SEDAR+ and EDGAR at www.sedarplus.ca and www.sec.gov/edgar, respectively.

    Readers are cautioned that the foregoing list of assumptions and risk factors should not be construed as exhaustive. The FLI included in this news release are made as of the date of this news release and are based on the information available to the Company at such time and, other than as required by law, Enerflex disclaims any intention or obligation to update or revise any FLI, whether as a result of new information, future events, or otherwise. This news release and its contents should not be construed, under any circumstances, as investment, tax, or legal advice.

    ABOUT ENERFLEX

    Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, deploying natural gas, low-carbon, and treated water solutions – from individual, modularized products and services to integrated custom solutions. With over 4,600 engineers, manufacturers, technicians, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future. The Company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the energy transition and growing decarbonization efforts.

    Enerflex’s common shares trade on the Toronto Stock Exchange under the symbol “EFX” and on the New York Stock Exchange under the symbol “EFXT”. For more information about Enerflex, visit www.enerflex.com.

    For investor and media enquiries, contact:

    Preet S. Dhindsa
    President and Chief Executive Officer (Interim)
    E-mail: PDhindsa@enerflex.com

    Joe Ladouceur
    Chief Financial Officer (Interim)
    E-mail: JLadouceur@enerflex.com

    Jeff Fetterly
    Vice President, Corporate Development and Capital Markets
    E-mail: JFetterly@enerflex.com

    The MIL Network –

  • MIL-OSI: Enerflex Ltd. Announces Extension of Revolving Credit Facility and Timing of Second Quarter Release

    Source: GlobeNewswire (MIL-OSI)

    All amounts presented in this release are in U.S. Dollar (“USD”) unless otherwise stated.

    CALGARY, Alberta, July 14, 2025 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) is pleased to announce that the Company has entered into an amended and restated credit agreement dated July 11, 2025 with respect to its syndicated secured revolving credit facility (the “RCF”). The maturity date of the RCF has been extended by three years to July 11, 2028 and availability is unchanged at $800 million. As at March 31, 2025, the Company had drawn $117 million on its RCF. Led by the Royal Bank of Canada as agent, Enerflex received renewed lending commitments from all current syndicate members.

    The Company also continues to maintain a $70 million unsecured credit facility (the “LC Facility”) with one of the lenders in its RCF syndicate. The LC Facility is supported by performance security guarantees provided by Export Development Canada.

    Joe Ladouceur, Enerflex’s CFO (Interim), commented, “We appreciate the strong support and continued partnership from our lending syndicate. The renewal of the RCF provides Enerflex with strong liquidity and improved terms, supporting efforts to deliver long-term growth and value creation for Enerflex shareholders.

    Enerflex’s near-term priorities remain unchanged and include: (1) enhancing the profitability of core operations; (2) leveraging the Company’s leading position in core operating countries to capitalize on expected increases in natural gas and produced water volumes; and (3) maximizing free cash flow to further strengthen Enerflex’s financial position, provide direct shareholder returns, and invest in selective customer supported growth opportunities.”

    Q2 Earnings Release

    Enerflex plans to release its financial results and operating highlights for the three and six months ended June 30, 2025, prior to the markets opening on Thursday, August 7, 2025. Results will be communicated by news release and will be available on the Company’s website at www.enerflex.com and under the electronic profile of the Company on SEDAR+ and EDGAR at www.sedarplus.ca and www.sec.gov/edgar, respectively.

    Investors, analysts, members of the media, and other interested parties, are invited to listen to or participate in a conference call and audio webcast on Thursday, August 7, 2025 at 8:00 a.m. (MDT), where members of senior management will discuss the Company’s results. A question-and-answer period will follow.

    Those wishing to listen or participate may register at https://register-conf.media-server.com/register/BI5f86b18a965d4257a4408154efdc3493. Once registered, participants will receive the dial-in numbers and a unique PIN to enter the call. The audio webcast of the conference call will be available on the Enerflex website at www.enerflex.com under the Investors section or can be accessed directly at https://edge.media-server.com/mmc/p/b7388nss/.

    ADVISORY REGARDING FORWARD-LOOKING INFORMATION

    This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” (and together with “forward-looking information”, “FLI”) within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are FLI. The use of any of the words “efforts”, “expected”, “may”, “plan”, “will”, and similar expressions, are intended to identify FLI. In particular, this news release includes (without limitation) FLI pertaining to the Company’s (i) continuing efforts to deliver long-term growth and value creation for Enerflex shareholders and the nature and success of such efforts, if at all; (ii) expectations for increases in natural gas and produced water volumes and the ability of the Company to capitalize on these increases; (iii) ability to continue to deliver direct shareholder returns; and (iv) expectation to release its financial results and operating highlights for the three and six months ended June 30, 2025, prior to the markets opening on Thursday, August 7, 2025.

    FLI reflects management’s current beliefs and assumptions with respect to such things as the impact of general economic conditions; commodity prices; the markets in which Enerflex’s products and services are used; general industry conditions, forecasts, and trends; changes to, and introduction of new, governmental regulations, laws, and income taxes; increased competition; availability of qualified personnel; political unrest and geopolitical conditions; and other factors, many of which are beyond the control of Enerflex. More specifically, Enerflex’s expectations in respect of its FLI are based on a number of assumptions, estimates and projections developed based on past experience and anticipated trends and, in respect of increases in natural gas and produced water volumes, industry third party data. As a result of the foregoing, actual results, performance, or achievements of Enerflex could differ and such differences could be material from those expressed in, or implied by, the FLI. The principal risks, uncertainties and other factors affecting Enerflex and its business are identified under the heading “Risk Factors” in: (i) Enerflex’s Annual Information Form for the year ended December 31, 2024, dated February 27, 2025; and (ii) Enerflex’s Annual Report dated February 26, 2025, copies of which are available under the electronic profile of the Company on SEDAR+ and EDGAR at www.sedarplus.ca and www.sec.gov/edgar, respectively.

    Readers are cautioned that the foregoing list of assumptions and risk factors should not be construed as exhaustive. The FLI included in this news release are made as of the date of this news release and are based on the information available to the Company at such time and, other than as required by law, Enerflex disclaims any intention or obligation to update or revise any FLI, whether as a result of new information, future events, or otherwise. This news release and its contents should not be construed, under any circumstances, as investment, tax, or legal advice.

    ABOUT ENERFLEX

    Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, deploying natural gas, low-carbon, and treated water solutions – from individual, modularized products and services to integrated custom solutions. With over 4,600 engineers, manufacturers, technicians, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future. The Company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the energy transition and growing decarbonization efforts.

    Enerflex’s common shares trade on the Toronto Stock Exchange under the symbol “EFX” and on the New York Stock Exchange under the symbol “EFXT”. For more information about Enerflex, visit www.enerflex.com.

    For investor and media enquiries, contact:

    Preet S. Dhindsa
    President and Chief Executive Officer (Interim)
    E-mail: PDhindsa@enerflex.com

    Joe Ladouceur
    Chief Financial Officer (Interim)
    E-mail: JLadouceur@enerflex.com

    Jeff Fetterly
    Vice President, Corporate Development and Capital Markets
    E-mail: JFetterly@enerflex.com

    The MIL Network –

  • MIL-OSI Economics: [Design Story] The Next Chapter in Innovation: Galaxy Z Fold7 and Galaxy Z Flip7

    Source: Samsung

     
    The Galaxy Z series has set the standard for foldable phones from its very first launch, with a new release every year. Now in its seventh chapter, the latest design revisits where it all started. The Galaxy Z Fold7 and Z Flip7 are the result of refinements made over each year of innovation. Samsung Newsroom spoke with Hubert Lee, Head of the Design Team and Huichul Yang, Head of the UX (User eXperience) Team, both part of the Mobile eXperience (MX) Business at Samsung Electronics, to discover the story behind the products and the designers’ persistent pursuit of incredible design.
     
    * Content images simulated for illustrative purposes only and may differ from the actual product. Product specifications may vary by country, region, model and carrier.
     
    Hubert Lee
    Executive Vice President, MX Business, Samsung Electronics
    Since joining as Head of the MX Design Team in late 2022, Lee has overseen the design direction for all MX product launches. With the launch of the new Galaxy Z Fold7 and Z Flip7, Lee showcases Galaxy’s ultimate pursuit of ultra-sleek and modern design.
     
    Huichul Yang
    Vice President, MX Business, Samsung Electronics
    Since joining Samsung in 2005, Yang has played a pivotal role in advancing mobile UX innovation as an HCI (Human Computer Interaction) expert. Since late 2023, Yang has led the UX Team in the MX Business, crafting the mobile experiences powered by Galaxy AI.
     

     
     
    The Essence of Foldable Design

     
     
    Q. The Galaxy Z Fold7 and Z Flip7 have finally been unveiled. As the heads of the Design and UX teams, it must mean a lot to both of you.
     
    Lee: Among the products I’ve designed at Samsung, the Galaxy Z Fold7 stands out as the one I am most proud of. Most people said, “Wow!” as soon as they saw it. It’s the thinnest, lightest Galaxy Z Fold series model yet. I believe it captures the essence of what a foldable phone can be. It’s only just been unveiled at Galaxy Unpacked 2025 in New York, but I’m confident that customers will understand its true value as they see it up close and get a feel for it in their hands.
     
    Yang: Alongside the Galaxy Z Fold7 and Z Flip7, we also introduced One UI 8, an interface optimized for the AI experience. I believe that a sleek, modern design — paired with an intuitive interface — can really resonate with users seeking a more elevated mobile experience in this age of AI.
     
    “The Galaxy Z series isn’t just well-made — it reaffirms our position as a pioneer and benchmark in the foldable phone market.”
    — Hubert Lee, EVP, Samsung Electronics
     

     
     
    Q. It’s clear you’re both really proud of the products. It must have taken a lot of work to get it out into the world.
     
    Lee: The Galaxy Z series marked the very beginning of foldable phones. To solidify that symbolism, we knew we had to create a product that felt truly impressive to anyone who saw it. There was a shared understanding within the team that simply repeating what we had done in the past wouldn’t be enough to meet customer expectations. Change wasn’t a choice; it was a must. That’s why with the seventh models of the Galaxy Z series, we didn’t approach it as a refinement — we approached it as a redesign from the ground up. We approached it as if we were starting completely from scratch.
     
    We design lifestyle products. To be part of people’s daily lives, portability is essential and reducing weight was key to achieving that. Our mobile R&D office put in a huge amount of effort in that respect. The nature of the hardware meant there was a certain weight we had to carry, but we kept wondering if we could make it just a little bit lighter. That led to a lot of research and testing. As it became lighter, it became thinner and the display larger, until we arrived at the sleek, modern form we had envisioned. The product you see is the result of countless hours of deliberation, passion and engineering.
     

     
     
    Q. How did changes to the design of products affect the user interface?
     
    Yang: Since One UI 6, we’ve been introducing a range of AI features as an AI companion. With One UI 8, we focused on meaningful productivity. We took advantage of the Galaxy Z Fold7’s large-screen form factor to enable users to easily compare original and AI-generated content side by side and move it seamlessly between apps.
     
     
    Q. What are the changes to the Galaxy Z Flip7 UX?
     
    Yang: One of the standout features of the Z Flip7 is its full-front FlexWindow. Gemini is now optimized for the FlexWindow, enabling quick and seamless interaction with AI — anytime you need it. It’s our new take on an AI companion — one that unfolds right in the palm of your hand. Notably, the form factor is such that the main camera faces you when folded, so now you can launch Gemini Live from the FlexWindow and ask about everyday things, like if your outfit is appropriate for the weather or your schedule for the day.
     
    “We envisioned a new future with One UI 8 on the Galaxy Z Flip7 as an AI companion in your hand.”
     — Huichul Yang, VP, Samsung Electronics
     

    * This background image has been created by generative AI (Macnific AI, Midjourney).

     
     
    Q. The products come in a range of colors. Which one is your favorite?
     
    Lee: I love them all but if I had to choose one, it would have to be Silver Shadow. It’s the most straightforward and simple one, but I think it represents Galaxy’s “Ultra Sleek, Ultra Modern” concept really well.
     
    When customers buy premium products like the Galaxy Z Fold7, they tend to prefer values that feel timeless, so we really took that into consideration when choosing the colors for this series. We leveraged the metallic material to bring the colors to life in a way that expresses our design intent and complements the foldable form factor. One of the standout colors of this series is Blue Shadow. As you move the product around, the shine and sophistication are noticeable from all angles.
     

     
     
    Let’s Design Together!

     
     
    Q. Even though you’re on different teams, you’ve been working on the same product. How did the Design and UX teams get connected?
     
    Yang: Wallpaper design is where we really tend to collaborate closely. We work together to make sure the message the Design team wants to convey is properly communicated through the wallpaper, the face of the product. For One UI 7, we aligned the product’s corner radius with the One UI icon geometry. We’ll continue to align the GUI (Graphic user interface) with the underlying style of the product for future releases, too.
     
    “Designing with the authentic mindset that we are all one team — this, I believe, is the most important attitude we need to break silos and grow together.”
     — Hubert Lee, EVP, Samsung Electronics
     

     
     
    Q. How do the team members collaborate?
     
    Lee: The Design team holds a session called Design Clinic. Group leaders and managers come together to share ongoing projects and insights. It’s not a formal meeting, but rather a relaxed gathering to share ideas over coffee and dessert. It’s an open discussion where even criticism is seen as a way to make our products better and support each other. In the MX Business’s Design team, we cover everything from smartphones and wearables to PCs, tablets, CMF (Color, material and finish) and packaging, each item with its own functions. The Design Clinic helps us gain insights from other fields or discover early-stage ideas.
     
     
    Q. How do you encourage synergy between designers on the team?
     
    Lee: I often emphasize the phrase, “Let’s Design Together.” Rather than just holding onto what they’ve been assigned, I encourage the team to think collectively about what we’re making and how we can improve it. If feedback or advice isn’t sincere, it just leads to silos between teams. Designing together as one team with an authentic, shared mindset is what I emphasize most within the organization.
     

     
     
    Reframing the Future
     
    Q. Aside from designers’ intuition, sensibilities and qualitative insights, do you also incorporate user testing or quantitative validation during the design planning phase?
     
    Lee: The Design team has established a Galaxy Design principle called “Essential Design,” aimed at focusing on core value and removing unnecessary elements. It’s based on three key elements: Simple, Impactful and Emotive. We believe that when these three elements come together in harmony, they create a truly aspirational product. We use the principle and its key elements as evaluation tools during the design planning stage; through a process we call Design Analytics. We conduct evaluations with internal employees to make sure our design intent is being communicated to users effectively. We use the data and insights from this to refine current designs and even identify future products. It’s how we strengthen our design identity, and it’s an integral part of the Galaxy design process.
     
     
    Q. Do you use AI in your work?
     
    Yang: We refer to AI tools during the testing process. We’ve observed that results from AI-based virtual user testing are fairly close to tests done by recruiting actual users. This leads us to expect that AI can play a significant role in UX evaluation going forward. We’re also experimenting with AI in other ways, like testing multiple versions of motion or animation effects, or turning 2D assets into 3D or animated formats. In this way, we’re continuously learning more about how to enhance our designs with AI.
     
    “Amid the momentum of AI, the ability to direct design will become one of the most valuable assets in making your work truly meaningful.”
     — Huichul Yang, VP, Samsung Electronics
     

     
     
    Q. The age we live in is constantly changing. What kind of mindset and vision should guide designers today?
     
    Yang: AI is a new momentum for designers. There are more and more of us thinking about how to use AI to make our work more meaningful. I believe those who show interest in how the world is changing and make new tools their own will be the ones leading in the age of AI. Some say designers will fade away as AI advances, but I see it differently. Design direction, the ability to guide AI creations and enrich them, is bound to become even more essential.
     
    Lee: When it comes to new devices like foldable products, we’re not designing features. We’re designing the entire experience. I believe it’s our role as designers to deeply consider why a device folds, why it unfolds and what kind of value and convenience those actions should provide. That’s because we’re not just product designers, we’re lifestyle designers, and in the end, the user is the most important part of all. We have to read the trends constantly and keep asking ourselves what users truly need. To me, design that makes their lives better is design that’s truly meaningful.
     
    For more information about Samsung Electronics’ design, please visit the Samsung Design website.
     
    
     

    MIL OSI Economics –

  • MIL-OSI Economics: [Design Story] The Next Chapter in Innovation: Galaxy Z Fold7 and Galaxy Z Flip7

    Source: Samsung

     
    The Galaxy Z series has set the standard for foldable phones from its very first launch, with a new release every year. Now in its seventh chapter, the latest design revisits where it all started. The Galaxy Z Fold7 and Z Flip7 are the result of refinements made over each year of innovation. Samsung Newsroom spoke with Hubert Lee, Head of the Design Team and Huichul Yang, Head of the UX (User eXperience) Team, both part of the Mobile eXperience (MX) Business at Samsung Electronics, to discover the story behind the products and the designers’ persistent pursuit of incredible design.
     
    * Content images simulated for illustrative purposes only and may differ from the actual product. Product specifications may vary by country, region, model and carrier.
     
    Hubert Lee
    Executive Vice President, MX Business, Samsung Electronics
    Since joining as Head of the MX Design Team in late 2022, Lee has overseen the design direction for all MX product launches. With the launch of the new Galaxy Z Fold7 and Z Flip7, Lee showcases Galaxy’s ultimate pursuit of ultra-sleek and modern design.
     
    Huichul Yang
    Vice President, MX Business, Samsung Electronics
    Since joining Samsung in 2005, Yang has played a pivotal role in advancing mobile UX innovation as an HCI (Human Computer Interaction) expert. Since late 2023, Yang has led the UX Team in the MX Business, crafting the mobile experiences powered by Galaxy AI.
     

     
     
    The Essence of Foldable Design

     
     
    Q. The Galaxy Z Fold7 and Z Flip7 have finally been unveiled. As the heads of the Design and UX teams, it must mean a lot to both of you.
     
    Lee: Among the products I’ve designed at Samsung, the Galaxy Z Fold7 stands out as the one I am most proud of. Most people said, “Wow!” as soon as they saw it. It’s the thinnest, lightest Galaxy Z Fold series model yet. I believe it captures the essence of what a foldable phone can be. It’s only just been unveiled at Galaxy Unpacked 2025 in New York, but I’m confident that customers will understand its true value as they see it up close and get a feel for it in their hands.
     
    Yang: Alongside the Galaxy Z Fold7 and Z Flip7, we also introduced One UI 8, an interface optimized for the AI experience. I believe that a sleek, modern design — paired with an intuitive interface — can really resonate with users seeking a more elevated mobile experience in this age of AI.
     
    “The Galaxy Z series isn’t just well-made — it reaffirms our position as a pioneer and benchmark in the foldable phone market.”
    — Hubert Lee, EVP, Samsung Electronics
     

     
     
    Q. It’s clear you’re both really proud of the products. It must have taken a lot of work to get it out into the world.
     
    Lee: The Galaxy Z series marked the very beginning of foldable phones. To solidify that symbolism, we knew we had to create a product that felt truly impressive to anyone who saw it. There was a shared understanding within the team that simply repeating what we had done in the past wouldn’t be enough to meet customer expectations. Change wasn’t a choice; it was a must. That’s why with the seventh models of the Galaxy Z series, we didn’t approach it as a refinement — we approached it as a redesign from the ground up. We approached it as if we were starting completely from scratch.
     
    We design lifestyle products. To be part of people’s daily lives, portability is essential and reducing weight was key to achieving that. Our mobile R&D office put in a huge amount of effort in that respect. The nature of the hardware meant there was a certain weight we had to carry, but we kept wondering if we could make it just a little bit lighter. That led to a lot of research and testing. As it became lighter, it became thinner and the display larger, until we arrived at the sleek, modern form we had envisioned. The product you see is the result of countless hours of deliberation, passion and engineering.
     

     
     
    Q. How did changes to the design of products affect the user interface?
     
    Yang: Since One UI 6, we’ve been introducing a range of AI features as an AI companion. With One UI 8, we focused on meaningful productivity. We took advantage of the Galaxy Z Fold7’s large-screen form factor to enable users to easily compare original and AI-generated content side by side and move it seamlessly between apps.
     
     
    Q. What are the changes to the Galaxy Z Flip7 UX?
     
    Yang: One of the standout features of the Z Flip7 is its full-front FlexWindow. Gemini is now optimized for the FlexWindow, enabling quick and seamless interaction with AI — anytime you need it. It’s our new take on an AI companion — one that unfolds right in the palm of your hand. Notably, the form factor is such that the main camera faces you when folded, so now you can launch Gemini Live from the FlexWindow and ask about everyday things, like if your outfit is appropriate for the weather or your schedule for the day.
     
    “We envisioned a new future with One UI 8 on the Galaxy Z Flip7 as an AI companion in your hand.”
     — Huichul Yang, VP, Samsung Electronics
     

    * This background image has been created by generative AI (Macnific AI, Midjourney).

     
     
    Q. The products come in a range of colors. Which one is your favorite?
     
    Lee: I love them all but if I had to choose one, it would have to be Silver Shadow. It’s the most straightforward and simple one, but I think it represents Galaxy’s “Ultra Sleek, Ultra Modern” concept really well.
     
    When customers buy premium products like the Galaxy Z Fold7, they tend to prefer values that feel timeless, so we really took that into consideration when choosing the colors for this series. We leveraged the metallic material to bring the colors to life in a way that expresses our design intent and complements the foldable form factor. One of the standout colors of this series is Blue Shadow. As you move the product around, the shine and sophistication are noticeable from all angles.
     

     
     
    Let’s Design Together!

     
     
    Q. Even though you’re on different teams, you’ve been working on the same product. How did the Design and UX teams get connected?
     
    Yang: Wallpaper design is where we really tend to collaborate closely. We work together to make sure the message the Design team wants to convey is properly communicated through the wallpaper, the face of the product. For One UI 7, we aligned the product’s corner radius with the One UI icon geometry. We’ll continue to align the GUI (Graphic user interface) with the underlying style of the product for future releases, too.
     
    “Designing with the authentic mindset that we are all one team — this, I believe, is the most important attitude we need to break silos and grow together.”
     — Hubert Lee, EVP, Samsung Electronics
     

     
     
    Q. How do the team members collaborate?
     
    Lee: The Design team holds a session called Design Clinic. Group leaders and managers come together to share ongoing projects and insights. It’s not a formal meeting, but rather a relaxed gathering to share ideas over coffee and dessert. It’s an open discussion where even criticism is seen as a way to make our products better and support each other. In the MX Business’s Design team, we cover everything from smartphones and wearables to PCs, tablets, CMF (Color, material and finish) and packaging, each item with its own functions. The Design Clinic helps us gain insights from other fields or discover early-stage ideas.
     
     
    Q. How do you encourage synergy between designers on the team?
     
    Lee: I often emphasize the phrase, “Let’s Design Together.” Rather than just holding onto what they’ve been assigned, I encourage the team to think collectively about what we’re making and how we can improve it. If feedback or advice isn’t sincere, it just leads to silos between teams. Designing together as one team with an authentic, shared mindset is what I emphasize most within the organization.
     

     
     
    Reframing the Future
     
    Q. Aside from designers’ intuition, sensibilities and qualitative insights, do you also incorporate user testing or quantitative validation during the design planning phase?
     
    Lee: The Design team has established a Galaxy Design principle called “Essential Design,” aimed at focusing on core value and removing unnecessary elements. It’s based on three key elements: Simple, Impactful and Emotive. We believe that when these three elements come together in harmony, they create a truly aspirational product. We use the principle and its key elements as evaluation tools during the design planning stage; through a process we call Design Analytics. We conduct evaluations with internal employees to make sure our design intent is being communicated to users effectively. We use the data and insights from this to refine current designs and even identify future products. It’s how we strengthen our design identity, and it’s an integral part of the Galaxy design process.
     
     
    Q. Do you use AI in your work?
     
    Yang: We refer to AI tools during the testing process. We’ve observed that results from AI-based virtual user testing are fairly close to tests done by recruiting actual users. This leads us to expect that AI can play a significant role in UX evaluation going forward. We’re also experimenting with AI in other ways, like testing multiple versions of motion or animation effects, or turning 2D assets into 3D or animated formats. In this way, we’re continuously learning more about how to enhance our designs with AI.
     
    “Amid the momentum of AI, the ability to direct design will become one of the most valuable assets in making your work truly meaningful.”
     — Huichul Yang, VP, Samsung Electronics
     

     
     
    Q. The age we live in is constantly changing. What kind of mindset and vision should guide designers today?
     
    Yang: AI is a new momentum for designers. There are more and more of us thinking about how to use AI to make our work more meaningful. I believe those who show interest in how the world is changing and make new tools their own will be the ones leading in the age of AI. Some say designers will fade away as AI advances, but I see it differently. Design direction, the ability to guide AI creations and enrich them, is bound to become even more essential.
     
    Lee: When it comes to new devices like foldable products, we’re not designing features. We’re designing the entire experience. I believe it’s our role as designers to deeply consider why a device folds, why it unfolds and what kind of value and convenience those actions should provide. That’s because we’re not just product designers, we’re lifestyle designers, and in the end, the user is the most important part of all. We have to read the trends constantly and keep asking ourselves what users truly need. To me, design that makes their lives better is design that’s truly meaningful.
     
    For more information about Samsung Electronics’ design, please visit the Samsung Design website.
     
    
     

    MIL OSI Economics –