Category: Artificial Intelligence

  • MIL-OSI: Bybit Türkiye Listed as a Crypto Asset Service Provider by the CMB

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Sept. 23, 2024 (GLOBE NEWSWIRE) — Bybit Türkiye, the partner site of Bybit, has achieved a key milestone by being officially listed as a Crypto Asset Service Provider by the Capital Markets Board (CMB) of Turkey on September 19th, 2024.

    Bybit Türkiye operates under Narkasa Yazılım Ticaret Anonim Şirketi, a locally incorporated entity, ensuring full compliance with CMB regulations. This listing underscores Bybit Türkiye’s dedication to working within Turkey’s regulatory framework while driving innovation and growth in the country’s crypto industry.

    Strengthening its Presence in Türkiye

    Since its partnership with Narkasa in June, Bybit Türkiye has prioritized strategic initiatives aimed at establishing itself as a market leader. The exchange is leveraging its global expertise, advanced technologies, and experienced team to provide Turkish users with a secure and efficient platform tailored to their needs.

    Demonstrating Commitment to the Turkish Market

    Bybit Türkiye has taken several decisive steps to cater to the needs of Turkish crypto users:

    • Early September 2024: Introduced Turkish Lira (TL) trading pairs, allowing users to conveniently buy and sell cryptocurrencies directly with TL.
    • One-Click Buy Feature: Simplified the process of purchasing cryptocurrencies for new users.
    • Ziraat Bank and Vakıfbank Integration: Enabled users to deposit and withdraw TL seamlessly through trusted local banks.

    Bybit Türkiye is dedicated to providing an exceptional user experience, catering to both experienced and new traders. The platform offers advanced trading tools for seasoned users, a user-friendly interface for seamless and convenient trading, and 24/7 localized customer support, ensuring assistance is readily available in Turkish.

    Quote from Kutluhan Akçın, Country Manager of Bybit Türkiye:

    “We are thrilled to be included in the CMB’s list of operating exchanges. This recognition allows us to further solidify our commitment to the Turkish market. By adhering to local regulations, we will provide a secure and localized crypto trading experience for our users. We aim to be a leader and pioneer in the Turkish crypto sector, offering users the unparalleled Bybit experience with the added convenience of Turkish Lira integration and exceptional customer support.”

    About Bybit Türkiye

    In June 2024, Bybit reinforced its commitment to the Turkish crypto market by rebranding Narkasa as Bybit Türkiye. This strategic move underscores our dedication to offering Turkish users a localized and secure crypto trading experience. Operated by Narkasa Yazılım Ticaret Anonim Şirketi, Bybit Türkiye stands as an independent brand, tailored to meet the specific needs of the Turkish market while ensuring the highest standards of service and security.

    Twitter: https://x.com/BybitTurkiye

    Instagram: https://www.instagram.com/bybitturkiye/?hl=en

    Linkedin: https://www.linkedin.com/company/bybit-turkiye/?trk=ppro_cprof&originalSubdomain=tr

    Contact

    Head of PR

    Tony Au

    Bybit

    tony.au@bybit.com

    The MIL Network

  • MIL-OSI Asia-Pac: Clinical trial hub set for Q4

    Source: Hong Kong Information Services

    The University of Hong Kong’s LKS Faculty of Medicine is designated to operate the Greater Bay Area International Clinical Trial Institute (GBAICTI) due to come into full operation in the fourth quarter, the Health Bureau announced today.

    The institute is expected to operate fully at the Central Government-Aided Emergency Hospital in the Hetao area upon completion of the construction of its temporary office and biobank therein.  

    The institute will be moved into one of the wet laboratory-enabled buildings, which is expected to complete construction later in the Hong Kong-Shenzhen Innovation & Technology Park, with a view to enhancing Hong Kong’s innovation and technology ecosystem in a proactive manner.

    The Chief Executive put forward in the Policy Address last October the establishment of the GBAICTI in the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone, or the Hong Kong-Shenzhen Innovation & Technology Park.

    The bureau established the GBAICTI Limited in the second quarter of this year and designated the University of Hong Kong’s LKS Faculty of Medicine through an open tender process in the third quarter to operate the institute.

    The GBAICTI Limited is wholly owned by the Government to oversee the work of the operator and effectively supervise the operations of the institute.

    The bureau said clinical trials are an important process in translating basic research on drug and medical device innovation into marketing authorisation and clinical application.

    The GBAICTI will serve as a one-stop clinical trial support platform to co-ordinate and integrate clinical trial resources in Hong Kong’s public and private sectors, including universities, the Hospital Authority and private healthcare facilities, to give impetus to the development of clinical trials on all fronts.

    Secretary for Health Prof Lo Chung-mau said the establishment of the GBAICTI in the strategic location of the Hetao area can combine the strengths of Hong Kong and the Greater Bay Area (GBA) to provide more efficient services to multinational pharmaceutical enterprises, Mainland innovative biopharmaceutical enterprises, hospitals and research institutions.

    It can also encourage them to conduct clinical trials in Hong Kong and the GBA, thereby expediting the translation of research results.

    This is made possible as the GBAICTI can leverage the Hetao area’s development positioning for technology innovation and institutional innovation, as well as the related cross-boundary facilitation measures, Prof Lo explained.

    “We hope that this will attract more pharmaceutical and medical device enterprises within and outside Hong Kong to conduct clinical trials in Hong Kong to further enhance the city’s capacity, recognition and status in terms of clinical trials and support a progressive transition to a primary evaluation approach for drug registration in Hong Kong.”

    The GBAICTI in the Hong Kong Park and the Greater Bay Area International Clinical Trial Centre in the Shenzhen Park of the Hetao co-operation zone will join forces to synergise the development of clinical trials, and drive co-operation among the clinical trial networks of the Hong Kong Special Administrative Region and the Mainland, in particular the GBA.

    The two parks will also co-ordinate clinical trial work of both places to comply with national and international standards.

    MIL OSI Asia Pacific News

  • MIL-OSI: ODYSIGHT.AI RECEIVES REPEAT PURCHASE ORDER FROM NASA FOR ITS COMPREHENSIVE VISUALIZATION SOLUTION, TO SUPPORT ITS HIGH-SPEED AERONAUTICAL FLIGHT TESTING

    Source: GlobeNewswire (MIL-OSI)

    OMER, Israel, Sept. 23, 2024 (GLOBE NEWSWIRE) — Odysight.ai Inc. (OTCQB: ODYS), a pioneer in AI driven Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), is pleased to announce the receipt of a new purchase order for the Company’s vision-based system by the U.S. National Aeronautics and Space Administration (NASA) to support its high-speed aeronautical flight testing on aerospace vehicles. This repeat order from NASA demonstrates the unique value and quality of Odysight.ai’s innovative solutions.

    Colonel (Res.) Yehu Ofer, CEO of Odysight.ai stated: “This order showcases the trust NASA places in Odysight.ai, and is a strong endorsement of our technology’s effectiveness. We are proud that NASA chose to integrate our solutions to support high-speed aeronautical flight testing and believe this further demonstrates the substantial value we deliver to our customers. We look forward to expanding our partnership with NASA.”

    Inbal Kreiss, board member of Odysight.ai and currently Chief of Innovation at the Systems, Missiles and Space Division of the Israeli Aerospace Industries Ltd. (IAI) and Chairwoman of RAKIA, Israel’s Scientific and Technological Mission to the International Space Station, stated, “It is highly unusual for NASA to select a supplier as a single source for repeated space missions and thus the selection of Odysight.ai’s system by NASA is a clear validation of the exceptional quality of Odysight.ai’s capabilities.”

    Odysight.ai’s visual sensing-based systems provide state-of-the-art solutions, ranging from bespoke cameras to advanced AI algorithms for diagnostics and prognostic health management applications. Odysight.ai’s groundbreaking technology is designed to empower users to autonomously monitor and manage the health of their assets without the need for specialized technicians, providing crucial support for the aerospace sector by enabling Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) of aerial vehicles. This technology enhances sustainment, operational availability and platform safety, offering superior capabilities, including an onboard Health and Usage Monitoring System (HUMS).

    About Odysight.ai

    Odysight.ai is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.ai leverages proven visual technologies and products from the medical industry. Odysight.ai’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.ai’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring. For more information, please visit: https://www.odysight.ai or follow us on TwitterLinkedIn and YouTube.

    Forward-Looking Statements

    Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding future collaboration with NASA. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.ai technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.ai’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact on our operations of the October 7, 2023 attack by Hamas and other terrorist organizations from the Gaza Strip and Israel’s war against them. These and other important factors discussed in Odysight.ai’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2024 and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.ai undertakes no obligation to publicly update or revise forward-looking information.

    Company Contact:

    Einav Brenner, CFO
    info@odysight.ai

    Investor Relations Contact:

    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com
    Tel: +1-917-607-8654

    The MIL Network

  • MIL-OSI: Xunlei Announces Appointment of Two New Directors

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, Sept. 23, 2024 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that the board of directors of the Company has appointed Mr. Hui Duan and Mr. Xiaosong Li as members of the board of directors of the Company, effective today.

    Mr. Hui Duan had served as a director of Xunlei from April 2020 to September 2023. He currently serves as the Chief Technology Officer of Beijing Itui Technology Co., Ltd. Prior to that, Mr. Duan founded his own company that provided SaaS tools and services from October 2015 to 2017. From April 2008 to April 2015, Mr. Duan served various management positions at Xunlei including vice president and the chief executive officer of a major subsidiary of Xunlei. Mr. Duan received his EMBA degree from China Europe International Business School in 2015, and bachelor’s degree in computer science from Peking University in 2001.

    Mr. Xiaosong Li has been serving as the Vice President of AGI Business at Xunlei since December 2023. From March 2018 to November 2023, he held the position of technology partner at Beijing Itui Technology Co., Ltd., where he was responsible for leading research and development in the field of artificial intelligence. From March 2008 to March 2018, he gained valuable experience working at Baidu Search Ads (Phoenix Nest), where he progressively advanced his career and ultimately served as the Chief Architect. He obtained a bachelor’s degree in software engineering from Northwestern Polytechnical University in 2005 and a master’s degree in computer system architecture from Chinese Academy of Sciences in 2008.

    Mr. Jinbo Li, Chairman and Chief Executive Officer of Xunlei, stated, “On behalf of the board of directors, I extend our warmest welcome to Hui Duan and Xiaosong Li for joining the Board. We look forward to working closely with them, leveraging their industry expertise and exceptional management experiences, to create value for our shareholders in the future.”

    About Xunlei

    Founded in 2003, Xunlei Limited (Nasdaq: XNET) is a leading technology company providing distributed cloud services in China. Xunlei provides a wide range of products and services across cloud acceleration, shared cloud computing and digital entertainment to deliver an efficient, smart and safe internet experience.

    Safe Harbor Statement

    This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “future,” “intends,” “plans,” “estimates” and similar statements. Among other things, the management’s quotes in this press release, as well as the Company’s strategic, operational and acquisition plans, contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Forward-looking statements involve inherent risks and uncertainties, including but not limited to: the Company’s ability to continue to innovate and provide attractive products and services to retain and grow its user base; the Company’s ability to keep up with technological developments and users’ changing demands in the internet industry; the Company’s ability to convert its users into subscribers of its premium services; the Company’s ability to deal with existing and potential copyright infringement claims and other related claims; the Company’s ability to react to the governmental actions for its scrutiny of internet content in China and the Company’s ability to compete effectively. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

    Investor Relations
    Xunlei Limited
    Email: ir@xunlei.com 
    Tel: +86 755 6111 1571
    Website: http://ir.xunlei.com

    The MIL Network

  • MIL-OSI: Major Envoy Medical Investor Glen Taylor Discusses How Apple’s AirPods Pro 2 Hearing Aid Announcement is a Potentially Positive Development for the Company

    Source: GlobeNewswire (MIL-OSI)

    During “The Claman Countdown,” the billionaire investor and entrepreneur noted how hearing aid modes in next-gen wireless earbuds can work with Envoy Medical’s fully implanted hearing devices

    WHITE BEAR LAKE, Minnesota, Sept. 23, 2024 (GLOBE NEWSWIRE) — Envoy Medical®, Inc. (“Envoy Medical”) (Nasdaq: “COCH”), a hearing health company focused on fully implanted hearing systems, today highlights an interview with key investor Glen Taylor on Fox Business News “The Claman Countdown” in which he commented on the news that Apple’s new AirPods Pro 2 can be used as hearing aids.   

    In the interview, Mr. Taylor was asked whether he was worried about Apple entering the hearing technology market, and he discussed how he believed it could be additive to Envoy Medical’s product offering. Mr. Taylor noted that due to Envoy Medical’s fully implanted devices taking in sound through the ear, devices like the AirPods Pro 2 could potentially work in concert with Envoy Medical’s fully implanted devices. Envoy Medical’s hearing devices are not hearing aids, but rather fully implanted hearing devices for a particular subset of hearing loss.

    Envoy Medical CEO, Brent Lucas stated, “Our hearing implants are different from other hearing implants in that ours use the ear to pick up sound. We sometimes refer to it as ‘Nature’s Microphone.’ The device design of our hearing implants allows recipients to use the ears for other things, such as external electronics, earbuds, or even hearing aids. Once the market appreciates why we believe this is going to be a differentiator, we believe it will increase excitement around our fully implanted hearing implants and the flexibility they can provide to certain patients.”

    About the Esteem® Fully Implanted Active Middle Ear Implant (FI-AMEI)

    The Esteem fully implanted active middle ear implant (FI-AMEI) is the only FDA-approved, fully implanted* hearing device for adults diagnosed with moderate to severe sensorineural hearing loss allowing for 24/7 hearing capability using the ear’s natural anatomy. The Esteem FI-AMEI hearing implant is invisible and requires no externally worn components and nothing is placed in the ear canal for it to function. Unlike hearing aids, you never put it on or take it off. You can’t lose it. You don’t clean it. The Esteem FI-AMEI hearing implant offers true 24/7 hearing.

    *Once activated, the external Esteem FI-AMEI Personal Programmer is not required for daily use.

    Important safety information for the Esteem FI-AMEI can be found at: https://www.envoymedical.com/safety-information.

    About the Fully Implanted Acclaim® Cochlear Implant

    We believe the fully implanted Acclaim Cochlear Implant (“Acclaim CI”) will be a first-of-its-kind fully implanted cochlear implant. Envoy Medical’s fully implanted technology includes a sensor designed to leverage the natural anatomy of the ear instead of a microphone to capture sound.

    The Acclaim CI is designed to address severe to profound sensorineural hearing loss that is not adequately addressed by hearing aids. The Acclaim CI is expected to be indicated for adults who have been deemed adequate candidates by a qualified physician.

    The Acclaim Cochlear Implant received the Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) in 2019. We believe the Acclaim CI was the first hearing-focused device to receive Breakthrough Device Designation.

    CAUTION The fully implanted Acclaim Cochlear Implant is an investigational device. Limited by Federal (or United States) law to investigational use.

    Additional Information and Where to Find It

    Copies of the documents filed by Envoy Medical with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-Looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Such statements may include, but are not limited to, statements regarding the expectations of Envoy Medical concerning the outlook for its business, productivity, plans and goals for future operational improvements and capital investments; the effect of the ability to use electronic devices with the Acclaim CI; the potential for passage of legislation related to reimbursement for active middle ear hearing devices; the impact that such proposed legislation might have on the hearing health market, reimbursement for the Esteem FI-AMEI device, and the Envoy Medical business, and future market conditions or economic performance, as well as any information concerning possible or assumed future operations of Envoy Medical. The forward-looking statements contained in this press release reflect Envoy Medical’s current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause its actual results to differ significantly from those expressed in any forward-looking statement. Envoy Medical does not guarantee that the events described will happen as described (or that they will happen at all). These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to changes in the market price of shares of Envoy Medical’s Class A Common Stock; changes in or removal of Envoy Medical’s shares inclusion in any index; Envoy Medical’s success in retaining or recruiting, or changes required in, its officers, key employees or directors; unpredictability in the medical device industry, the regulatory process to approve medical devices, and the clinical development process of Envoy Medical products; competition in the medical device industry, and the failure to introduce new products and services in a timely manner or at competitive prices to compete successfully against competitors; disruptions in relationships with Envoy Medical’s suppliers, or disruptions in Envoy Medical’s own production capabilities for some of the key components and materials of its products; changes in the need for capital and the availability of financing and capital to fund these needs; changes in interest rates or rates of inflation; legal, regulatory and other proceedings could be costly and time-consuming to defend; changes in applicable laws or regulations, or the application thereof on Envoy Medical; a loss of any of Envoy Medical’s key intellectual property rights or failure to adequately protect intellectual property rights; the effects of catastrophic events, including war, terrorism and other international conflicts; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward Looking Statements” in the Annual Report on Form 10-K filed by Envoy Medical on April 1, 2024, and in other reports Envoy Medical files, with the SEC. If any of these risks materialize or Envoy Medical’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. While forward-looking statements reflect Envoy Medical’s good faith beliefs, they are not guarantees of future performance. Envoy Medical disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Envoy Medical. 

    ###

    Investor Contact:
    CORE IR
    516-222-2560
    investorrelations@envoymedical.com

    The MIL Network

  • MIL-OSI: Arkansas Governor, Local and Community Leaders Congratulate Standard Lithium, Equinor for U.S. Department of Energy Provisional Grant up to US$225 million

    Source: GlobeNewswire (MIL-OSI)

    LEWISVILLE, Ark., Sept. 23, 2024 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium”) (TSXV:SLI) (NYSE American:SLI), a leading near-commercial lithium development company and Equinor, a global energy leader, is pleased to share that its jointly-owned U.S. subsidiary, SWA Lithium LLC has been selected for up to US$225 million award negotiation from the U.S. Department of Energy (“DOE”). The conditional award, overseen by the DOE’s Office of Manufacturing and Energy Supply Chains, is one of the largest ever awarded to a U.S. critical minerals project and part of the second wave of funding under the Infrastructure Investment and Jobs Act. This DOE funding is aimed at expanding domestic manufacturing of all segments of the battery supply chain and increasing production of critical minerals in the U.S. 

    “Arkansas is proud of its all-of-the-above energy strategy, with a rich production history of oil, natural gas, bromine, and now, lithium,” said Arkansas Governor Sarah Sanders. “Lithium has the potential to supercharge South Arkansas’ economy – and this announcement from Standard Lithium moves us closer to that goal.”

    “Congratulations to SLI and its partners, and what an exciting investment in Arkansas,” said Arkansas Secretary of Energy and Environment, Shane Khoury. “This award helps ensure that Arkansas stays on track to become a world leader in lithium production and promotes lithium extraction in a proven and cleaner manner.”

    “The announcement by Standard Lithium today is exciting news for south Arkansas,” said Arkansas State Senator Matt Stone. “The $225 million grant from the Department of Energy will firmly establish Arkansas as an energy leader and pave the way for hundreds of jobs for our State.”

    “Standard Lithium’s Department of Energy grant marks a pivotal investment in South Arkansas, empowering local communities while strengthening our nation’s future,” said Arkansas State Senator Ben Gilmore. “This initiative not only fosters economic growth but also plays a crucial role in breaking our dependence on China and securing a resilient supply chain for lithium and beyond.”

    “Congratulations to the SLI/Equinor team,” said Arkansas Secretary of Commerce Hugh McDonald. “Arkansas is excited to see the validation of the lithium industry growth opportunities that will benefit thousands of Arkansans. This award and others solidify Arkansas’ significant role in securing North America’s lithium supply chain.”

    “South Arkansas College is excited about this news for our long-term partner Standard Lithium, and we will continue to support them in any way possible in the future,” said President of SouthArk College, Dr. Stephanie Tully-Dartez.

    “This is great news for the people of South Arkansas and a significant investment in our future and in our nation’s future by helping to break dependence on foreign sources and supply chain for critical minerals,” said Former Arkansas House Speaker Matthew Shepherd. “Not only will this investment directly create hundreds of jobs, it will indirectly create numerous opportunities for improved healthcare, childcare, and workforce development and have a lasting positive impact on South Arkansas and beyond.”

    “UA -Pulaski Tech is proud to be an educational partner on the workforce training component of this enormous investment in domestic production, securing of supply chains and jobs in Arkansas,” said Dr. Summer Deprow, Chancellor of the University of Arkansas – Pulaski Technical College. 

    “Congratulations Standard Lithium on receiving this outstanding award,” said Lafayette County Judge, Valarie Clark. “Lafayette County is grateful for the opportunity to support this great company in their future endeavors.”

    “I am very proud of Standard Lithium and their persistence in receiving the funding that has been procured by their organization,” said Columbia County Judge, Doug Fields. “I know personally the challenge there is to obtain funding for a project! I’m proud to give my full support to Standard Lithium, and their endeavors to provide new jobs, new infrastructure, and to see them support the community in much-needed ways, not to mention the boost to our economy! Congratulations to Standard Lithium!”

    About the South West Arkansas Project

    The South West Arkansas Project (“SWA” or the “Project”) is located in Lafayette and Columbia Counties, Arkansas, and is being developed in partnership with Equinor, which holds a 45% non-operating interest in the Project. SWA’s Indicated and Inferred Mineral Resource of 1.4 Mt and 0.4 Mt lithium carbonate equivalent, with an average lithium concentration of 437 mg/L, has some of the highest reported lithium brine concentrations in North America. The design engineers working on behalf of the Company are developing Front-end Engineering Design (“FEED”) and a Definitive Feasibility Study (“DFS”) that contemplates total production of up to 45,000 tonnes per annum of lithium carbonate, to be developed in two phases of 22,500 tonnes per annum each.

    SWA’s direct lithium extraction and lithium carbonate facilities are planned to be located on a 118-acre property in rural Lafayette County, approximately 7 miles south of Lewisville, Arkansas. The Project is expected to create up to 300 construction jobs and 100 direct jobs and dedicate millions of dollars to community impact efforts that will benefit the local area through infrastructure improvements, community health initiatives, educational partnerships, and workforce development programs.

    The Company completed a Preliminary Feasibility Study for the project in 2023, and a DFS and FEED are currently underway.

    Qualified Person

    Steve Ross, P.Geol., a qualified person as defined by National Instrument 43-101, and Vice President Resource Development for the Company, has reviewed and approved the relevant scientific and technical information in this news release.

    About Standard Lithium

    Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by the highest quality resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated Direct Lithium Extraction (“DLE”) and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor ASA, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas. Additionally, the Company is advancing the Phase 1A project in partnership with LANXESS Corporation, a brownfield development project located in southern Arkansas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California.

    Standard Lithium is jointly listed on the TSX Venture Exchange and the NYSE American under the trading symbol “SLI”. Please visit the Company’s website at https://www.standardlithium.com.

    About Equinor

    Equinor is an international energy company committed to long-term value creation in a low-carbon future. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Norway, Equinor is the leading operator on the Norwegian continental shelf and is present in around 30 countries worldwide. Our partnership with Standard Lithium to mature DLE projects builds on our broad US energy portfolio of oil and gas, offshore wind, low carbon solutions and battery storage projects.

    For more information on Equinor in the US, please visit: Equinor in the US – Equinor

    Media Contacts:

    Allysa Iverson 
    Standard Lithium Ltd.
    a.iverson@standardlithium.com

    Ola Morten Aanestad 
    Equinor
    oaan@equinor.com

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

    The MIL Network

  • MIL-OSI: Climate Tech VC Cerulean Ventures Closes Fund I at Climate Week NYC 2024

    Source: GlobeNewswire (MIL-OSI)

    SANTA BARBARA, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) — Cerulean Ventures, a climate tech venture capital firm operating in the trillion dollar annual climate finance sector, closed a $10M pre-seed fund focused on software for hard problems in climate tech. The fund invests in highly-scalable software and technology focused on biodiversity, natural capital and climate-positive profitable business practices.

    Cerulean Ventures was launched with the support of its anchor investor, One Small Planet, strategic investors, Regen Foundation and Regen Network, and several global family offices focused on scaling proven, profitable solutions to address climate change.

    “As tech founders themselves, Jahed and Matthew have the unique experience of bridging complex technology to massive markets,” said Jack Wielebinski, Chief Investment Officer of One Small Planet. “We are proud to support Cerulean’s thesis to invest in software businesses that connect the global economy for nature-positive outcomes.”

    As a team, the General Partners work directly with founders at the earliest stages to develop business operations, set go-to-market strategies and plan for financial success to reach critical funding and business milestones. Matthew Stotts was the founder of a top technology marketing consultancy in Silicon Valley and a co-founder of a financial technology business. Jahed Momand was the co-founder of a developer operations SaaS company and held product leadership roles at a number of top Silicon Valley enterprise software companies. Together they worked on sustainable finance, regenerative agriculture and indigenous land stewardship through the Regen Network. They began investing through Cerulean Ventures in 2022.

    Matthew and Jahed’s work with the Cerulean Ventures portfolio of climate tech entrepreneurs deepens the general partners’ years of work on nature-based solutions, biodiversity, decarbonization, circular materials, waste-to-value, decentralized energy and global networks for coordinating climate finance and accounting. Cerulean’s portfolio of investments include highly-scalable software and data for sustainable supply chains, financial technology for carbon and energy markets, and several innovations in climate finance.

    Four major focus areas for Cerulean Ventures Fund I include: Carbon, Energy, Sustainable Supply Chains and Climate FinTech

    Earthbanc leads the carbon markets
    Earthbanc has built the world’s first vertically integrated, full-stack, nature-based carbon removal company. Leading global multinationals, such as AstraZeneca, work with Earthbanc to scale carbon removal through native, biodiverse and regenerative agroforestry that delivers proven nature-based carbon removals through its proprietary, MRV software in the field, machine learning, and market linkages for agricultural and horticultural produce.

    Earthbanc CEO Tom Duncan: “Our vision at Earthbanc is nothing less than enabling regenerative agriculture, forestry and carbon removal to scale up across 2.5 billion hectares of degraded lands. We make this achievable by building mobile and web software for projects and clients to leverage deep learning and MRV, and we structure capital to enable it to flow into land restoration. Cerulean helped us form capital with the right investors early, and that freed us up to focus on building a truly transformative nature-tech company.”

    Jasmine Energy is opening a global renewable energy market
    Jasmine Energy has digitized and synchronized the United States market for renewable energy credits, which has historically been disaggregated and difficult to access. With an ambitious view of a global tradeable market of credits that incentivize renewable energy investment, Jasmine Energy is critical to the energy transition.

    “Cerulean was one of the first believers in our vision of a globally-coordinated renewable energy market,” said Nathalie Capati, co-founder and CEO of Jasmine Energy. “Few investors have the insight or commitment to support founders building a climate-positive software company that takes on massively complex markets. Cerulean has gone above and beyond in its support for Jasmine.”

    CommonShare is driving sustainable supply chains
    CommonShare is using AI to enable sustainable procurement across all supply chains, making them transparent and fair through a global network of brands, retailers, suppliers, verifiers, and standards owners that promotes clear communication and cross-company collaboration. In a landmark partnership with Bureau Veritas (BV), they will enable origin mapping and purchase order traceability across BV’s Fortune 500 clients, helping them comply with CSRD and EUDR compliance and radically reduce environmental impacts through sustainable procurement.

    “We enjoyed working with the Cerulean team. They were one of the few VCs who understood what we’re doing, which gave them the ability to move fast on diligence and help us focus on building in an entirely new market. Their founder-focused perspective was exactly what we were looking for in a pre-seed partner.” – Martin Smith, Founder & CEO CommonShare.

    Regen is building a global blockchain for good
    Regen Network and its foundation seek to bring the use, regeneration and protection of land and natural resources into balance with indigenous peoples and local communities through an equitable distribution of value, knowledge and stewardship. The blockchain network and technology tools Regen has built enable finance to flow to biodiversity protection, old-growth forests, critical watersheds and irreplaceable natural resources.

    “Jahed and Matthew were early contributors to the Regen Network, a community of hundreds that now spans every continent on Earth,” said Gregory Landua, CEO of Regen Network Development PBC. “We’re excited to see Ceruluean’s contributions to nature-positive technology for the benefit of people and the planet.”

    About Cerulean Ventures
    https://cerulean.vc/

    Cerulean Ventures invests in pre-seed and seed stage Climate FinTech, SaaS and blockchain businesses tapping into the network effects of nature, renewable energy and climate-positive economies. Cerulean finds earth-scale (global) technology opportunities in areas like renewable energy, blue carbon, reforestation, biodiversity and regenerative agriculture, as well as decarbonization, circularity and sustainability across industry, manufacturing, transportation, construction, and supply chains.

    The MIL Network

  • MIL-OSI Global: Our digital 3D models of huge coral reefs could help revive these precious ecosystems

    Source: The Conversation – UK – By Tim Lamont, Research Fellow, Marine Biology, Lancaster University

    As a team of marine biologists, assessing the health of thousands of square metres of coral reef can be a daunting prospect. Often, we have to monitor some of the most biodiverse ecosystems on the planet, and there’s a strict time limit due to the safety regulations associated with Scuba diving.

    Accurately measuring and classifying even small areas of reefs can involve spending many hours underwater. And with millions of reefs around the world that need monitoring in the face of looming threats to their existence, speed is critical.

    But now, a digital revolution for coral reef monitoring could be underway, enabled by recent advances in low-cost camera and computing technology. Our new study shows how creating 3D computer models of entire reefs – sometimes known as digital twins – can help us monitor these precious ecosystems faster, more accurately and in greater detail than ever before.

    We worked at 17 study sites in central Indonesia – some reefs were degraded, others were healthy or restored. We followed the same protocol at rectangular areas measuring 1000m² in each location, using a technique called “photogrammetry” to create 3D models of each reef habitat.

    One of us Scuba dived and swam 2m above the coral back and forth in a “lawnmower” pattern across every square metre of this reef, while carrying two underwater cameras programmed to take photos of the seabed twice per second. Within just half an hour, we’d taken 10,000 high-resolution, overlapping pictures that covered the entire area.

    Later, we booted up a high-performance computer, and with the help of specialist experts from an underwater science tech company called Tritonia Scientific, we processed these images into accurate 3D representations for each of the 17 sites. The resulting models surpass traditional monitoring methods in speed, cost and the ability to consistently reproduce accurate measurements.

    Our research paper applies this technique to assess the success of the world’s largest coral restoration project. Mars Coral Reef Restoration Project is located at Bontosua Island on the Spermonde Archipelago in South Sulawesi, Indonesia.

    Our findings show that, when well-managed, coral restoration efforts can bring back many elements, including the complexity of reef structure across large areas. By comparing the 3D models, we can see how complex the surface structure of the coral reef looks and measure its details at different scales – these aspects would be far too tricky for divers to accurately measure underwater.

    3D model video visualisation of a 50m×20m reef restoration area.

    In an earlier 2024 study, our team applied photogrammetry to measure coral growth rates at the level of individual colonies. By capturing detailed 3D models before and after a year of growth, we revealed that restored reefs can achieve growth rates comparable to healthy natural ecosystems.

    This finding is particularly significant, as it highlights the potential for restored reefs to recover and function similarly to untouched reef environments.




    Read more:
    Restored coral reefs can grow as fast as healthy reefs after just four years – new study


    Beyond coral reefs

    Photogrammetry is becoming a widely adopted tool across various fields, both on land and in the ocean. Beyond coral reefs, it is used to monitor forests with drones, develop detailed architectural and urban planning models, and monitor soil erosion and landscape changes.

    In marine environments, photogrammetry is a powerful tool for monitoring and measuring environmental changes such as variations in coral cover, shifts in species diversity and alterations in reef structure. It has also been used to develop cost-effective methods for measuring coral reef rugosity (the bumpiness or texture of the reef’s surface).

    Greater rugosity generally indicates more complex habitats, which can support a wider variety of marine life and reflect healthier reef systems. Additionally, it measures the complexity of different shapes and structures within the reef. These methods provide crucial baselines that help scientists like us track changes over time and design effective conservation strategies.

    Although this method is cheaper and quicker than traditional fieldwork, there are still significant financial barriers. The necessary equipment and software can range from several thousand to tens of thousands of dollars, depending on the specific equipment and software used, and mastering these techniques takes time. It may be some time before these methods become standard for most field biologists.

    Beyond coral reef monitoring, photogrammetry is increasingly being used in virtual reality and augmented reality development, enabling the creation of immersive, lifelike environments for education, entertainment and research. For example, The US agency National Oceanic and Atmospheric Administration’s coral reef virtual reality offers an engaging way to explore coral reefs through virtual reality.

    In the future, photogrammetry could revolutionise environmental monitoring by offering faster, more accurate baselines and assessments of ecosystem changes such as coral bleaching and shifts in biodiversity. Advances in machine learning and cloud computing are expected to further automate and enhance photogrammetry, increasing its accessibility and scalability, and establishing its role as an essential tool in conservation science.



    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 35,000+ readers who’ve subscribed so far.


    Tim Lamont receives funding from the Royal Commission of the Exhibition of 1851, the Natural Environment Research Council and the Fisheries Society of the British Isles.

    Rindah Talitha Vida receives funding from Friends of Lancaster University in America through the Global Impact Small Grants and research studentship funding from Sheba Hope Advocate Program.

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

    ref. Our digital 3D models of huge coral reefs could help revive these precious ecosystems – https://theconversation.com/our-digital-3d-models-of-huge-coral-reefs-could-help-revive-these-precious-ecosystems-237711

    MIL OSI – Global Reports

  • MIL-OSI: IDT Corporation to Report Fourth Quarter and Fiscal Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, NJ, Sept. 23, 2024 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2024 (the three and twelve months ended July 31, 2024) on Tuesday, October 8, 2024.

    IDT’s earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-andmedia) at approximately 4:30 PM Eastern.

    IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following access code: 126998).

    A replay of the conference call will be available approximately three hours after the call concludes through October 22, 2024. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 51021. The replay will also be accessible via streaming audio at the IDT investor relations website.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and BOSS Revolution Calling make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    Contact:
    Bill Ulrey
    IDT Investor Relations
    Phone: (973) 438-3838
    E-mail: invest@idt.net

    ###

    The MIL Network

  • MIL-OSI Video: Secretary Blinken delivers remarks at the Advancing Sustainable Development – 2:10 PM

    Source: United States of America – Department of State (video statements)

    Secretary Blinken delivers remarks at the Advancing Sustainable Development through Safe, Secure, and Trustworthy AI event in New York City, New York., on September 23, 2024.
    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    Twitter: https://twitter.com/StateDept
    Instagram: https://www.instagram.com/statedept
    Flickr: https://flickr.com/photos/statephotos/

    Subscribe to the State Department Blog: https://www.state.gov/blogs
    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw

    State Department website: https://www.state.gov/
    Careers website: https://careers.state.gov/
    White House website: https://www.whitehouse.gov/
    Terms of Use: https://state.gov/tou

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=VJlzUU4ySd0

    MIL OSI Video

  • MIL-OSI Video: Secretary Blinken delivers remarks at the Freedom Online Coalition Ministerial Event – 11:00 AM

    Source: United States of America – Department of State (video statements)

    Secretary of State Antony J. Blinken delivers remarks at the Freedom Online Coalition Ministerial Event on AI for Humanity: Charting the Global Course for Human Rights-Based Governance in New York City, New York, on September 23, 2024.
    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    Twitter: https://twitter.com/StateDept
    Instagram: https://www.instagram.com/statedept
    Flickr: https://flickr.com/photos/statephotos/

    Subscribe to the State Department Blog: https://www.state.gov/blogs
    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw

    State Department website: https://www.state.gov/
    Careers website: https://careers.state.gov/
    White House website: https://www.whitehouse.gov/
    Terms of Use: https://state.gov/tou

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=uRobgVHr19w

    MIL OSI Video

  • MIL-OSI: Wearable Devices Announces First Half 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    YOKNE’AM ILLIT, Israel, Sept. 23, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd.  (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced its financial results for the six months ended June 30, 2024.

    First Half 2024 Financial Results and Recent Company Highlights:

    • Recognized initial revenue from the sale of business-to-consumer (B2C) focused Mudra Band for Apple Watch and business-to-business (B2B) collaborations, totaling $394 thousand.

    Mudra Band:

    • Enhanced product proposition for flagship product: We have introduced two major new features for our Mudra Band: touchless gesture control for Apple Watch, allowing users to manage tasks hands-free, and integration with ChatGPT, enabling users to interact with AI directly via predefined gestures and voice commands on their Apple Watch. These innovations enhance convenience, accessibility, and AI-powered functionality for on-the-go multitasking.
    • Announced new innovative and disruptive product- the Mudra Link: Currently receiving preorders for Mudra Link, the first AI neural interface wristband for Android and beyond, providing advanced neural input technology for Android users. Official launch expected in the first quarter of 2025.
    • Expanded market potential with range of new supported devices: Now supports the Apple Vision Pro, in addition to other Apple devices including Mac, iPad, Apple TV and iPhone, allowing Apple users to extend their gesture control experience.

    Global B2B collaborations:

    • Signed an agreement with Qualcomm Technologies (“Qualcomm”) to collaborate in elevating extended reality (“XR”) experiences with Mudra neural technology and successfully completed the first phase of integration of Mudra technology with Qualcomm’s Snapdragon Spaces XR developer platform.
    • Fortune 500 consumer electronics corporation has purchased a special license for a state-of-the-art Mudra Development Kit (“MDK”) to evaluate certain deep-level capabilities of the MDK for developing next-generation user interfaces.
    • Announced successful demonstrations of the Mudra technology on Lenovo’s ThinkReality XR headset, at the Augmented World Expo (AWE) 2024.
    • Signed reseller agreement to enhance licensing program presence in South Korea and China.
    • Strengthened presence in the defense sector and delivered custom touchless technology to global defense company as part of an ongoing collaboration.

    In the first half of 2024, Wearable Devices continued recognizing revenue from the sale of Mudra Band for Apple Watch, the Company’s flagship B2C product, which began shipping towards the end of 2023. Revenues for the six months ended June 30, 2024 were $394 thousand, increasing from approximately $12 thousand compared to the six months ended June 30, 2023. Net loss increased to $4.2 million, or $(0.21) per basic and diluted share, in the six months ended June 30, 2024, compared to net loss of $3.9 million, or $(0.26) per basic and diluted share, for the six months ended June 30, 2023, primarily related to an increase in the Company’s operating expenses associated with its continued efforts to scale its business activity.

    Asher Dahan, Chairman of the Board and Chief Executive Officer of Wearable Devices, commented, “In the first half of 2024, we increased the delivery of our flagship B2C product, the Mudra Band for Apple Watch. After an extended preorder period during which the Mudra Band generated strong customer interest, we began shipping the product towards the end of 2023 and are pleased to have reached this important milestone.

    Subsequent to the close of the first half of 2024, we announced the launch of our new Mudra Link wristband, bringing our state-of-the-art neural input Mudra technology to a broader range of operating system platforms, including iOS, Android, Windows, and macOS. This has been a major initiative for our business, and the logical next step in our growth trajectory. With preorders now open and an official launch planned for the first half of 2025, we expect the Mudra Link to significantly expand our addressable market as we tap into the large and expanding population of Android, Windows, and macOS users.

    We continue to invest in our business, as reflected in the modest increases in research and development, sales and marketing, and general and administrative expenses in the period. We’re still in the early stages of growth in the broader wearables industry, and Wearable Devices is well positioned to be a leader in the space given our patented AI-based neural input interface technology.”

    About Wearable Devices Ltd.

    Wearable Devices Ltd. is a growth company developing AI-based neural input interface technology for the B2C and B2B markets. The Company’s flagship product, the Mudra Band for Apple Watch, integrates innovative AI-based technology and algorithms into a functional, stylish wristband that utilizes proprietary sensors to identify subtle finger and wrist movements allowing the user to “touchlessly” interact with connected devices. The Company also markets a B2B product, which utilizes the same technology and functions as the Mudra Band and is available to businesses on a licensing basis. Wearable Devices Is committed to creating disruptive, industry leading technology that leverages AI and proprietary algorithms, software, and hardware to set the input standard for the Extended Reality, one of the most rapidly expanding landscapes in the tech industry. The Company’s ordinary shares and warrants trade on the Nasdaq market under the symbols “WLDS” and “WLDSW”, respectively.

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss our growth trajectory; the launch of the Mudra Link and its benefits and advantages, including significant potential increase in the Company’s total available market; future investment in our business; and our position as a leader in the space of wearable devices. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    IMS Investor Relations
    203.972.9200
    wearabledevices@imsinvestorrelations.com

         
    INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)    
    U.S. dollars (in thousands)          
               
        June 30,   December 31,  
        2024   2023  
    ASSETS          
               
    CURRENT ASSETS:          
               
    Cash and cash equivalents   3,103   810  
    Short-term bank deposits   57   4,045  
    Account receivable   47    
    Governmental grant receivable   7   108  
    Other receivables and prepaid expenses   306   757  
    Inventories   1,218   1,032  
               
    TOTAL CURRENT ASSETS   4,738   6,752  
               
    NON-CURRENT ASSETS:          
               
    Long-term bank deposits     54  
    Right-of-use assets   458   592  
    Property and equipment, net   176   194  
               
    TOTAL NON-CURRENT ASSETS   634   840  
               
    TOTAL ASSETS   5,372   7,592  
               
               
    INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)          
    U.S. dollars (in thousands)          
               
        June 30,   December 31,  
        2024   2023  
    LIABILITIES AND SHAREHOLDERS’ EQUITY          
               
    CURRENT LIABILITIES:          
    Accounts payables   175   410  
    Advance payments   101   312  
    Accrued payroll and other employment related accruals   641   579  
    Convertible promissory note   1,934    
    Accrued expenses   386   190  
    Lease liabilities   296   297  
    TOTAL CURRENT LIABILITIES   3,533   1,788  
    Lease liabilities   144   278  
    TOTAL LIABILITIES   3,677   2,066  
               
    SHAREHOLDERS’ EQUITY          
    Ordinary shares, NIS 0.01 par value:   58   57  
    Authorized 50,000,000 as of June 30, 2024 and December 31, 2023; issued and outstanding 20,887,428 shares as of June 30, 2024 and 20,387,428 shares as of December 31, 2023  
    Additional paid-in capital   27,070   26,692  
    Accumulated losses   (25,433)   (21,223)  
               
    TOTAL SHAREHOLDERS’ EQUITY   1,695   5,526  
               
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY   5,372   7,592  
               
    INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED)          
    U.S. dollars (in thousands)          
               
        Six months ended
    June 30,
    2024
        Six months
    ended
    June 30,
    2023 
               
         U.S. dollars
    in thousands
        (except per share amounts)
               
    Revenues   394     12
    Expenses:          
    Cost of revenues   (315)     (3)
    Research and development, net   (1,616)     (1,560)
    Sales and marketing expenses   (1,083)     (1,050)
    General and administrative expenses   (1,601)     (1,453)
    OPERATING LOSS   (4,221)     (4,054)
    FINANCING INCOME, NET   11     158
               
    NET LOSS AND TOTAL COMPREHENSIVE LOSS   (4,210)     (3,896)
               
    Net loss per ordinary share, basic and diluted   (0.21)     (0.26)
               
    Weighted average number of ordinary shares outstanding basic and diluted   20,392,984     15,254,457
               
                 
    INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
    U.S. dollars (in thousands)
               
                   
        Six months ended  
    June 30,
        2024     2023  
    CASH FLOWS FROM OPERATING ACTIVITIES:            
    Net loss   (4,210)     (3,896)  
                 
    Adjustments required to reconcile net loss to net cash used in operating activities              
                 
    Depreciation   54     23  
    Accrued interest on deposits   39     *(19)  
    Interest expenses on convertible promissory note   14      
    Share based compensation expenses   112     109  
    Unrealized gain from foreign currency derivative activities   61      
                 
    Changes in operating assets and liabilities items:            
    Increase in inventory   (186)     (6)  
    Increase in accounts receivables   (47)      
    Decrease (increase) in governmental grants receivables   101     (29)  
    Decrease (increase) in other receivables and prepaid expenses   380     (95)  
    (Decrease) increase in advance payments   (211)     20  
    Decrease in deferred revenues       (12)  
    Decrease in accounts payable   (236)     (44)  
    Increase in accrued payroll and other employment related accruals   62     163  
    Increase in accrued expenses   206     48  
    Net cash used in operating activities   (3,861)     (3,738)  
                 
    CASH FLOWS FROM INVESTING ACTIVITIES:            
    Purchase of property and equipment   (36)     (93)  
    Proceeds (investments) associated with deposits, net   4,003     *(2,036)  
    Net cash (used in) provided by investing activities   3,967     (2,129)  
                 
    CASH FLOWS FROM FINANCING ACTIVITIES:            
    Proceeds from issuance of convertible promissory note   1,920      
    Proceeds from issuance of ordinary shares as a result of exercise of warrants       1,448  
    Proceeds from issuance of ordinary shares associated with the SEPA   267        
    Net cash provided by financing activities   2,187     1,448  
                 
    NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS   2,293     (4,419)  
    CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD   810     10,373  
    CASH AND CASH EQUIVALENTS AT END OF PERIOD   3,103     5,954  
         
    SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
    Interest received from deposits 110       159  
    Right-of-use asset recognized against lease liability       446  
                   
                   
    *Reclassified              

    The MIL Network

  • MIL-OSI Economics: 6 Things to Know About Taking Climate Action

    Source: Samsung

    Real talk – every one of us can make choices to tackle climate change and take better care of the environment. Whether it’s by reducing energy consumption or opting for eco-conscious products, small changes can add up to make a big difference. As part of our ongoing commitment to sustainability, Samsung is helping you make those choices easier with innovative technology designed to minimize your environmental impact.
    In this edition of our “Things to Know” series, we’re unveiling six essential tips to live more sustainably using Samsung technology—perfectly timed for Climate Week NYC. Let’s dive in:
    1. Use SmartThings Energy to Monitor & Reduce Consumption
    Ever wonder which appliance is using the most energy? SmartThings Energy in the SmartThings app will easily help you figure it out, so you can start trimming down your home’s carbon footprint (and your energy bill!). Plus, the app’s energy-saving tips and automated features make it an absolute breeze to take action and stay efficient—no guesswork required.
    Specifically, our AI Energy Mode power-saving feature can help you reduce energy consumption through real-time monitoring and AI-based energy-saving adjustments. For example, SmartThings Energy can notify you if your refrigerator door is left open, saving both energy and money. And if you’re in New York or California, you can even earn rewards for energy efficiency with SmartThings Flex Connect.
    2. Switch to ENERGY STAR Certified Appliances
    Samsung offers more ENERGY STAR® appliances than ever before, with 50% of eligible products1 earning the certification as of late 2024. Curious how much you could save? Switching to ENERGY STAR appliances could knock up to $450 off your energy bills each year! And here’s a fun fact: if every household in the U.S. used ENERGY STAR certified electric cooktops, we could prevent nearly 1.75 billion pounds of greenhouse gas emissions annually. How’s that for a win-win?
    In fact, Samsung is the first and only brand to earn SHEMS certification (Smart Home Energy Management Systems) by the U.S. Environmental Protection Agency (EPA) ENERGY STAR program. If you’re looking to minimize your carbon footprint and maximize your savings, head to Samsung.com for deals on some of our latest eco-innovations, including:
    Get a minimum $300 trade-in credit on any good condition smartphone when you buy a qualifying Certified Re-Newed device.2

    3. Cook Smarter with Induction Technology
    In case you missed it, the Inflation Reduction Act made history in 2022 as the biggest investment in climate and energy ever in the U.S., and Samsung is all in! Our Smart Induction Cooktop even snagged the title of the first in the industry to win the EPA Emerging Technology Award in 2021—because it’s not just about cooking; it’s about cutting energy use and lowering emissions, too.
    Fast forward to today, Samsung is proud to offer 11 induction cooking products, all ENERGY STAR certified. Plus, rebates through the Inflation Reduction Act can make upgrading to energy-efficient cooking appliances more affordable if available in your state.
    Not sure about induction cooking? Swing by Samsung 837 in the Meatpacking District on September 24 for a live demo by Chef Christian Petroni and a discussion moderated by Jaeki Cho with Chefs Esther Choi, Priyanka Naik and Eric Adjepong about the benefits of induction cooking. RSVP here.
    4. Trade-In & Trade Up for Sustainability
    More circularity, less waste, and a serious glow-up? Yes, please! Samsung’s Certified Re-Newed program breathes new life into used smartphones for a more circular economy. Each device gets a brand-new battery, goes through a rigorous 147-point Quality Inspection to ensure like-new standards and is backed by a 1-year warranty. Plus, all parts are 100% genuine Samsung to keep things running smoothly.
    You can also trade in smartphones, wearables, tablets, buds, TVs, and even some non-Samsung devices and score exclusive promos on newer models. It’s the perfect way to ditch your old tech without adding to the waste pile, all while staying ahead of the curve with the latest gear!

    MIL OSI Economics

  • MIL-OSI: InspireSemi Announces C$10M Convertible Loan Agreement, Proposed Delisting from TSXV and Date for a Business Update

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia and AUSTIN, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, today announced that it has entered into a convertible loan agreement (the “Loan Agreement”) dated September 23, 2024 with Humanitario Capital LLC (the “Lender”) in the principal amount of C$10,000,000 (the “Loan”).

    The Loan is unsecured, bears interest of 10% per annum, compounded monthly, and is repayable on September 23, 2025, subject to the penalty clause discussed below.

    The Loan Agreement provides that if a delisting of all classes of shares of the Company from the TSX Venture Exchange (“TSXV”) occurs, the Loan shall automatically convert to units (each a “Unit”) at a price per Unit of C$13.50 and all accrued and unpaid interest thereon will be forgiven.

    Each Unit will consist of one proportionate voting share in the capital of the Company (each an “PV Share”) and one PV Share purchase warrant of the Company (a “PVS Warrant”).

    Each PVS Warrant shall be exercisable to acquire one PV Share until September 23, 2029 at an exercise price of C$13.50.

    In addition the Lender has been granted:

    (i) the right of first refusal (the “ROFR”) to purchase additional Units on the same terms as described above should the Company request additional funding from the Lender;
    (ii) a pre-emptive right to participate in all future financings conducted by the Company on a pro-rata basis as it relates to the Lender’s then interest in the Company;
    (iii) the right to nominate a person for election to the board of directors of the Company immediately and at each subsequent shareholders meeting; and
    (iv) the right to nominate an additional person to attend all meetings of the Board in a non-voting observer capacity.

    The ROFR will expire upon the Company achieving a positive EBDITA for a one month period. All other rights set out above will exist for so long as the Lender’s pro rata interest in the Company is more than 5%.

    A copy of the Loan Agreement has been posted on the Company’s profile at www.sedarplus.ca.

    The Loan is subject to the approval of the TSXV.

    Delisting from TSXV

    The Loan Agreement provides that the Company will make its best efforts to delist its subordinate voting shares from the TSXV as soon as is reasonably practicable. If a delisting of the Company’s subordinate voting shares from the TSXV is not achieved by January 31, 2025, the Company will be deemed in default, and the Loan, all accrued interest thereon and a penalty of an additional 25% of the amount of the Loan, being C$2,500,000 will be due and payable immediately.

    Therefore, the Company announces its intention to voluntarily delist (the “Delisting“) its subordinate voting shares from the TSXV. The Delisting will be subject to, among other things, TSXV and majority of the minority shareholder approval.

    The Company will ask and encourages its shareholders to approve of the Delisting as described above at an annual general and special shareholder meeting (the “Meeting”) that will be scheduled in due course. More information regarding the Delisting, the Loan and the reasons therefore will be available in a management information circular to be prepared and mailed to shareholders and posted on the Company’s profile at www.sedarplus.ca in connection with the Meeting.

    The Company is not paying any bonus, commission or finder’s fees in respect of the Loan. The proceeds from the Loan will be used to prepare the Company’s Thunderbird Chip for delivery to customers, support the Company’s commercialization drive and for general working capital requirements.

    Nasdaq Listing Update

    The Company has currently paused its work on a proposed up list to a major U.S. Stock Exchange as announced by press release dated June 18, 2024. The Company has decided it is in its best interests to focus on commercializing its Thunderbird chip and achieving its aim of reaching profitability in 2025 prior to embarking on a further stock exchange listing.

    The Company is still interested in exploring such a listing in future and has made valuable progress in working with its various counsel and advisors to better prepare it for such an eventuality in future.

    Business Update

    The Company announces it will be holding a business update call on September 30, 2024, at 1:00 p.m. (Eastern Time). The Company will press release any new material information prior to the Business Update.

    To join the Business Update please use the following Zoom link:

    https://us06web.zoom.us/j/85079936546

    Webinar ID: 850 7993 6546

    Or One tap mobile :
        +16469313860,,85079936546# US
        +19292056099,,85079936546# US (New York)
    Or Telephone:
        Dial(for higher quality, dial a number based on your current location):
        +1 646 931 3860 US
        +1 929 205 6099 US (New York)
        +1 309 205 3325 US
        +1 312 626 6799 US (Chicago)
        +1 301 715 8592 US (Washington DC)
        +1 305 224 1968 US
        +1 253 205 0468 US
        +1 253 215 8782 US (Tacoma)
        +1 346 248 7799 US (Houston)
        +1 360 209 5623 US
        +1 386 347 5053 US
        +1 507 473 4847 US
        +1 564 217 2000 US
        +1 669 444 9171 US
        +1 669 900 6833 US (San Jose)
        +1 689 278 1000 US
        +1 719 359 4580 US

        International numbers available: https://us06web.zoom.us/u/kfZXmuhg6

    About InspireSemi

    InspireSemi (TSXV: INSP) provides revolutionary high-performance, energy-efficient accelerated computing solutions for High-Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads. The Thunderbird ‘supercomputer-cluster-on-a-chip’ is a disruptive, next-generation datacenter accelerator designed to address multiple underserved and diversified industries, including financial services, computer-aided engineering, energy, climate modeling, cybersecurity, and life sciences & drug discovery. Based on the open standard RISC-V instruction set architecture, InspireSemi’s solutions set new standards of performance, energy efficiency, and ease of programming. InspireSemi is headquartered in Austin, TX.

    For more information visit    https://inspiresemi.com  
    Follow InspireSemi on LinkedIn

    Company Contact
    John B. Kennedy, CFO
    (737) 471-3230
    invest@inspiresemi.com

    Cautionary Statement on Forward-Looking Information
    This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Statements concerning InspireSemi’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, financial performance and condition of InspireSemi are forward-looking statements. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass.

    Forward-looking information includes, but is not limited to, information regarding: (i) the business plans and expectations of the Company including expectations with respect to production and development; and (ii) expectations for other economic, business, and/or competitive factors (iii) expectations as to the use of funds in respect of the Loan, the Delisting and any potential future up list to a U.S. Stock Exchange. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this presentation, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of InspireSemi, to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company including information obtained from third-party industry analysts and other third-party sources and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    Investors are cautioned that forward-looking information is not based on historical facts but instead reflect management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects management’s current beliefs and is based on information currently available to them and on assumptions they believe to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: (i) statements relating to the business and future activities of, and developments related to, the Company after the date of this press release; (ii) expected completion of or satisfaction of all closing conditions in connection with the Loan and Delisting including receipt of final approval from the Exchange; (iii) expectations for other economic, business, regulatory and/or competitive factors related to the Company or the technology industry generally; (iv) the risk factors referenced in this news release and as described from time to time in documents filed by the Company with Canadian securities regulatory authorities on SEDAR+ at www.sedarplus.ca; and (v) other events or conditions that may occur in the future. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

    Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

    Neither the Exchange nor its Regulation Services Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

    THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES DESCRIBED HEREIN, NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE OR JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH STATE OR JURISDICTION.

    The MIL Network

  • MIL-OSI Translation: In October in Geneva, let’s cultivate democracy!

    MIL OSI Translation. Government of the Republic of France statements from French to English –

    Source: Switzerland – Canton Government of Geneva in French

    From October 4 to 12, 2024, Geneva invites the population to “Cultivate Democracy” as part of the 10th edition of its traditional week celebrating popular sovereignty. A rich and varied program, intended for all audiences, is offered by the many public and private entities gathered for the occasion around this theme.

    Democracy Week 2024 Logo

    With over forty partners and nearly as many events, including thirty-two open to the public, Democracy Week 2024 promises to be a must-attend event for anyone interested in civil rights. Two separate programs will be offered: one for the general public, the other reserved for schools.

    Multiple themes

    The population will have a wide choice of activities available: conferences, debates, workshops, round tables, exhibitions or even guided tours and evening discussions. Among the many themes proposed, visitors will be able to explore local, Swiss and international democracy; take an interest in the awakening of citizen consultation; try to determine the implications of digital technology and artificial intelligence on our democracies; reflect on the impact of democracy on the youngest, with the celebration of the hundred years of children’s rights; encourage the political participation of the greatest number or discover the behind the scenes of political communication. Finally, they will have the opportunity to discuss ways to improve our society through foresight and the role of philanthropy in democratic societies.

    Distinguished guests

    Eminent personalities will participate in this new edition. To name but a few, let us mention Federal Councillor Beat Jans, Professor Loïc Blondiaux, specialist in local democracy, Irene Khan, United Nations Special Rapporteur on the promotion and protection of the right to freedom of opinion and expression, Pascal Crittin, Director General of RTS and Professor Rodney Benson, specialist in electoral communication from New York University, who will discuss the upcoming American elections.

    Join us and cultivate democracy with us during this 10th edition of Democracy Week in Geneva!

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI: Mark Cuban Foundation Brings Free AI Bootcamp to New York City Teens

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp. Applications for the no-cost bootcamp, held in New York, are closing September 30.

    The Mark Cuban Foundation is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in New York. With a custom and highly relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. This bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in New York on November 2nd, 9th, and 16th, will provide students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    There is just one week left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    Media Contact:
    Bishop.wash@markcubanai.org

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th -12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    The MIL Network

  • MIL-OSI: Mark Cuban Foundation Brings Free AI Bootcamp to Raleigh-Durham Teens

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH-DURHAM, N.C., Sept. 23, 2024 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp. Applications for the no-cost bootcamp, held in Raleigh, are closing September 30.

    The Mark Cuban Foundation is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to Raleigh-Durham high school students. With a custom and highly relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. This bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in Raleigh on November 2nd, 9th, and 16th, will provide students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    There is just one week left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    Media Contact:
    Bishop.wash@markcubanai.org

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th -12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    The MIL Network

  • MIL-OSI: Mark Cuban Foundation Brings Free AI Bootcamp to Richardson Teens

    Source: GlobeNewswire (MIL-OSI)

    RICHARDSON, Texas, Sept. 23, 2024 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp. Applications for the no-cost bootcamp, held in Richardson, are closing September 30.

    The Mark Cuban Foundation is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Richardson. With a custom and highly relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. This bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in Richardson on November 2nd, 9th, and 16th, will provide students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    There is just one week left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    Media Contact:
    Bishop.wash@markcubanai.org

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th -12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    The MIL Network

  • MIL-OSI: Broadcom Delivers Industry Leading 200G/lane DSP for Gen AI Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO) today announced the general availability of Sian2, 200 Gbps per lane (200G/lane) PAM-4 DSP PHY. Sian2 features 200G/lane electrical and optical interfaces to augment the Sian DSP that supports 100 Gbps electrical and 200Gbps optical interfaces. Sian and Sian2 DSPs enable pluggable modules with 200G/lane interfaces that are foundational to connect next generation AI clusters.

    AI cluster sizes and cluster performance needs are growing dramatically to support exploding AI model sizes. High performance, low latency, and resilient connectivity are vital for the scale-up and scale-out of next generation AI clusters. For these networks, customers demand reliable optical network connectivity with higher bandwidth, lower power, lower latency and lower cost. This necessitates the migration from the 400G/800G links with 100G/lane optics being used in AI clusters today to 800G/1.6T links with 200G/lane optics that Sian2 enables. Broadcom’s Sian2 and Sian DSPs are optimized for 800G and 1.6T optical module platforms and deliver unmatched performance by doubling the bandwidth with lower power, lower latency and lower cost per bit to facilitate AI data center scale.

    “200G/lane DSP is foundational to high-speed optical links for next generation scale-up and scale-out networks in the AI infrastructure,” said Vijay Janapaty, vice president and general manager of the Physical Layer Products Division at Broadcom. “The Sian family of products reinforces Broadcom’s leadership in optical DSP PHYs and enables our AI data center customers to deploy high-performance 800G and 1.6T links.”

    Further, the combination of Sian2 and Sian PHY and Broadcom’s leading-edge 200G/lane optics, including electro-absorption modulated laser (EML) and continuous wave laser (CWL), provides the best-in-class performance and power consumption enabling data center operators to cost-effectively scale AI workloads.

    “AI market leaders will start ramping optical modules using 200G/lane in 2025,” commented Dr. Vlad Kozlov, CEO and Chief Analyst at LightCounting. “There is a race for dominance in AI fueling a demand for delivery in excess of 1M units of 1.6T optical transceivers within the first 12 months. We have never seen new products ramping at such rate.”

    Sian2 Product Highlights:

    • Low power 5nm 200G/lane DSP solution enabling sub-28W 1.6T transceivers
    • Supports 800G and 1.6T pluggable modules
    • Support for both 212.5-Gb/s and 226.875-Gb/s data rates for InfiniBand and Ethernet applications
    • Support for multiple FEC options including Bypass, Segmented and Concatenated FEC
    • Built-in low-swing and high-swing laser driver for both SiP and EML based optical modules
    • Sub-80ns roundtrip (Ingress + Egress) latency for AI/ML applications
    • Crossbar support for ease of transceiver design

    Demo Showcase at ECOC 2024
    Broadcom Sian2 PHY and 200G/lane optics inside 1.6T DR8 optical modules will be demonstrated in the Innolight Booth B81 and Eoptolink Booth D60 taking place at ECOC Exhibition 2024, in Frankfurt, Germany from September 23-25. Attendees will see live transmit eye performance and end-to-end pre-FEC & post-FEC performance with IEEE compliant KP4 FEC.

    “Sian2 enables the design of high-speed optical transceivers for next generation switches, network interface cards and accelerators with 200G SerDes interfaces,” said Richard Huang, CEO, Eoptolink Technology. “The Broadcom Sian2 DSP and Eoptolink’s innovative transceiver design approach results in performance leading 1.6T pluggable optical transceivers. Combined with Eoptolink’s high volume manufacturing capability, this ensures the supply for the growing bandwidth in AI networks.”

    “InnoLight is leading the industry’s transition to 1.6T with the lowest power transceiver solutions, leveraging Broadcom’s Sian2 DSP,” said Hai Ding, VP of Marketing, InnoLight Technology. “As engineering pioneers, we’re redefining optical networking with our cutting-edge innovations, and helping accelerate the deployments of 200G/lane pluggables for next generation AI workloads.”

    Availability
    Broadcom is currently sampling the Sian2 BCM8582X device to its early access customers and partners. Please contact your local Broadcom sales representative for samples and pricing.

    For more information on Broadcom’s 200G/lane optical solutions, please click here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Khanh Lam
    Corporate Communications
    press.relations@broadcom.com
    Telephone: +1 408 433 8649

    The MIL Network

  • MIL-OSI: Sprout Social Deepens Commitment to Public Sector by Partnering With Carahsoft as a NASPO-Approved Vendor for Government Agencies

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Sept. 23, 2024 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced their publishing, engagement, customer care, advocacy, and AI-powered business intelligence solutions have been added to the National Association of State Procurement Officials (NASPO) ValuePoint Cloud Solutions Contract held by Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. The contract enables Carahsoft and its reseller partners to provide Sprout Social’s products to participating state and local government agencies.

    NASPO ValuePoint Cloud Solutions Contract is a cooperative purchasing program facilitating public procurement solicitations and agreements using a lead-state model. The program provides the highest standard of excellence in public cooperative contracting. By leveraging the leadership and expertise of all states and the purchasing power of their public entities, NASPO ValuePoint Cloud Solutions delivers the highest valued, reliable and competitively sourced contracts, offering public entities outstanding pricing.

    “Social media has become a vital tool for government agencies to engage with the public and deliver timely, transparent communication,” said Ryan Barretto, President and incoming CEO, Sprout Social. “Our partnership with Carahsoft and NASPO ensures Sprout customers in the public sector can work more efficiently, create more time for citizen engagement and confidently demonstrate the value of social.”

    Sprout takes billions of social conversations from across the major social networks and brings them together in seconds, surfacing rich insights, building comprehensive dashboards and powering intelligent automations. With the addition of Sprout Social solutions to NASPO, government agencies may now purchase the platform alongside other approved technologies, all from one contract offered by Carahsoft.

    “Carahsoft is excited to announce that Sprout Social’s cloud-based social media management platforms are now available to NASPO members,” said Craig P. Abod, Carahsoft President. “The inclusion of Sprout Social in NASPO’s offerings expands the range of digital communication solutions available to State and Local agencies. Carahsoft is committed to helping NASPO members enhance their social media management through collaboration with our resellers. With Sprout Social now part of NASPO, customers can more effectively communicate and serve their communities.”

    Learn more about Sprout Social here.

    About Sprout Social
    Sprout Social is a global leader in social media management and analytics software. Sprout’s intuitive platform puts powerful social data into the hands of more than 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2’s 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout’s software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ: SPT), visit sproutsocial.com.

    Social Media Profiles:
    www.twitter.com/SproutSocial
    www.twitter.com/SproutSocialIR
    www.facebook.com/SproutSocialInc
    www.linkedin.com/company/sprout-social-inc-/
    www.instagram.com/sproutsocial

    Contact
    Media:
    Layla Revis
    Email: pr@sproutsocial.com
    Phone: (866) 878-3231

    Investors:
    Lexi Johnson
    Twitter: @SproutSocialIR
    Email: investors@sproutsocial.com
    Phone: (312) 528-9166

    About Carahsoft
    Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Customer Experience and Engagement, Cybersecurity, HR and Training Technology, MultiCloud, Big Data, Artificial Intelligence, Open Source, DevSecOps and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com. 

    Contact
    Mary Lange
    (703) 230-7434
    PR@carahsoft.com

    The MIL Network

  • MIL-OSI: Bitget Introduces Multi-Asset Margin Mode for USDT-M Futures, Enhancing Capital Efficiency

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Sept. 23, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the launch of the USDT-M Futures in Multi-Asset Mode, available to all users starting on September 23, 2024, at 16:00 (UTC+8). This new feature allows users to trade USDT-margined futures by using non-USDT assets as margin, offering greater flexibility and capital efficiency.

    In single-asset margin mode, only USDT is used as collateral, whereas multi-asset margin mode allows users to leverage a variety of cryptocurrencies for USDT-M Futures trading. Bitget’s Multi-Asset Margin Mode now supports BTC, ETH, SOL, XRP, PEPE, USDC, BGB, and USDT as collateral. This means users can utilize their existing assets directly for margin trading without needing to convert them into USDT. Bitget will continue to update the list of supported assets as market conditions change, providing users with more trading options.

    “At Bitget, we are dedicated to offering top-tier trading solutions that meet the diverse needs of our users. The introduction of the Multi-Asset Margin Mode is a significant step toward enhancing our users’ trading experience, empowering them to maximize the utility of their assets while providing more flexibility in managing their portfolios. This is just one of many innovations we are implementing to improve the trading experience and deliver secure, efficient solutions for our expanding global community,” commented Gracy Chen, CEO of Bitget.

    To utilize the Multi-Asset Margin Mode on the Bitget platform, users simply need to follow a few steps. First, switch the margin mode to multi-asset in the margin section of the trading page. Next, by transferring coins from their spot account to the USDT-M Futures account as margin, users can adjust their leverage according to their risk tolerance and trading strategy.

    As one of the largest derivatives trading platforms in crypto, Bitget is renowned for its high liquidity, low fees, and stability, supporting over 300 cryptocurrencies. The futures trading volumes of major assets like BTC consistently rank Bitget among the top two in the industry. Additionally, to help users trade smarter, Bitget supports tools such as copy trading and AI bots in the derivatives market, enabling the optimization of trading strategies and the automation of trading operations.

    This new mode enhances the capital efficiency of users by allowing them to trade without needing to liquidate or convert their preferred cryptocurrencies. Bitget remains dedicated to continuous innovation and to meeting the demand for more flexible derivatives products, empowering its 45 million users to manage and diversify portfolios in a rapidly evolving market.

    For more information on Bitget Multi-Asset Margin Mode, please visit here.

    About Bitget
    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b6dd6544-cd36-43be-800d-bea2108c0800

    The MIL Network

  • MIL-OSI USA: NIST Awards $3 Million for Community-Based Cybersecurity Workforce Development

    Source: US Government research organizations

    GAITHERSBURG, Md. — The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has awarded cooperative agreements totaling nearly $3 million aimed at developing the workforce needed to defend the nation’s organizations and infrastructure from cybersecurity risks. The grants of roughly $200,000 each will go to 15 education and community organizations in 11 states that are working to address the nation’s shortage of skilled cybersecurity employees.

    The cooperative agreements will be overseen by NICE, a NIST-led partnership between government, academia and the private sector focused on cybersecurity education, training and development of a diverse workforce. 

    “To strengthen our national and economic security, we need a highly skilled and talented cybersecurity workforce,” said Under Secretary of Commerce for Standards and Technology and NIST Director Laurie E. Locascio. “This investment in cybersecurity education and training will help fill a critical workforce need while giving people the skills they need to succeed in good-paying, high-quality jobs.”

    The NICE-funded CyberSeek tool, which analyzes data about the cybersecurity job market, found that there were nearly 470,000 cybersecurity job openings in the U.S. between May 2023 and April 2024. Roughly 85 workers were available to fill every 100 cybersecurity job openings in the U.S. during this time.

    The organizations receiving the awards will build Regional Alliances and Multistakeholder Partnerships to Stimulate (RAMPS) cybersecurity education and workforce development. These RAMPS projects will align the workforce needs of local business and nonprofit organizations with the NICE Workforce Framework for Cybersecurity.

    “The RAMPS program provides individuals from diverse backgrounds, experiences and life circumstances access to cybersecurity careers,” said NICE Director Rodney Petersen. “It also helps communities collaborate on creating career pathways to good jobs for all Americans and contributes to economic development by addressing workforce needs at the local and regional scales.”

    Many of the RAMPS projects promote curriculum development or education and training at the high school, collegiate or professional levels. Others support work-based learning experiences in the form of internships, apprenticeships or projects. Still others support workshops, bootcamps, competitions and hackathons.

    With these latest awards, there will now be 33 RAMPS communities in 20 states. The award recipients, areas served, and amounts awarded are:

    Adventurous Minds Produce Extraordinary Dreams Inc.          
    Louisville, Kentucky   
    $199,670

    The Coding School   
    New York City & Westchester County Region
    $200,000

    Del Mar College District       
    Corpus Christi, Texas               
    $200,000

    The Escal Institute of Advanced Technologies Inc.          
    North Bethesda, Maryland   
    $199,700 

    Howard Community College            
    Columbia, Maryland 
    $200,000

    Metropolitan Washington Council of Governments       
    Washington, D.C.        
    $195,726

    Miami University
    Oxford, Ohio                   
    $199,850

    Moraine Valley Community College            
    Palos Hills, Illinois      
    $199,982                

    New York University
    New York, New York   
    $200,000

    Old Dominion University Research Foundation
    Norfolk, Virginia 
    $200,000

    Purdue University     
    West Lafayette, Indiana          
    $199,717

    Research Foundation of CUNY on behalf of Lehman College  
    Bronx, New York           
    $200,000

    The Sierra College Foundation        
    Rocklin, California 
    $198,000

    University of Florida                
    Gainesville, Florida    
    $199,999

    Virginia Polytechnic Institute and State University          
    Blacksburg, Virginia  
    $194,270

    MIL OSI USA News

  • MIL-OSI Video: AI for Global Good

    Source: World Economic Forum (video statements)

    Generative AI holds the potential to transform a broad range of economic activities and to help address the world’s most pressing development challenges. However, the benefits of this technological revolution are not yet shared by all globally.

    What actions can policy-makers and innovators take now to realize AI’s promise while ensuring that its benefits lead to shared prosperity for all?

    https://www.youtube.com/watch?v=GK5X6B_sQ3M

    MIL OSI Video

  • MIL-OSI China: Innovations at int’l manufacturing convention pave way for future industries

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

    HEFEI, Sept. 23 — The 2024 World Manufacturing Convention concluded Monday with a showcase of cutting-edge technologies and pivotal agreements that are set to drive the evolution of future industries.

    The convention, which brought together industry leaders, innovators, and policymakers from across the globe, highlighted the critical role of innovation in shaping the next generation of manufacturing.

    Throughout the four-day convention held in Hefei, capital of east China’s Anhui Province, a total of 718 investment projects worth 369.2 billion yuan (about 52 billion U.S. dollars) have been signed, underscoring strong collaboration in fields such as artificial intelligence, green technology and advanced manufacturing.

    Among the most notable was a partnership agreement between Hefei and Chinese drone maker EHang, which focused on the operations and sales of the company’s passenger-carrying autonomous aerial vehicles in east China.

    In addition, a cooperation agreement on the production of high efficiency cadmium telluride thin film solar cells was also inked at the convention.

    This type of cell has a much lower production cost compared to crystalline silicon and other solar cells. Additionally, their spectrum is the most consistent with sunlight, allowing them to absorb some 95 percent of sunlight.

    A highlight of the event was the display of several groundbreaking products and technologies that are poised to reshape the manufacturing landscape. Humanoid robots that can mimic human movements with remarkable precision were prominently featured.

    One of the standout presentations came from the Anhui Provincial Key Laboratory of Humanoid Robots, which introduced the Qijiang-2 humanoid robot capable of performing delicate tasks such as folding clothes, opening bottles, wiping dishes and navigating uneven terrain.

    “In the future, these humanoid robots will be able to adapt to both industrial production and elderly care scenarios, serving as robot workers and caregivers,” said Liu Houde, director of the laboratory.

    The convention not only served as a platform for technological advancements but also offered an immersive experience.

    At the convention’s outdoor exhibition area, visitors were enthralled by an unmanned sightseeing bus equipped with Shine Auto’s self-developed autonomous driving technology.

    They can either scan a QR code to board or reserve a ride through a WeChat mini program, with the option to disembark at multiple sightseeing stops.

    “The future of automobiles will undoubtedly enter the era of autonomous driving. Cars are no longer just a means of transportation, they have also become intelligent mobile terminals, transforming into mobile spaces that make life better,” said Zhou Ji, an academician of the Chinese Academy of Engineering.

    MIL OSI China News

  • MIL-OSI Economics: 5 Google TV Streamer features to try

    Source: Google

    Google TV Streamer: 5 helpful features to try

    [{“model”: “blogsurvey.survey”, “pk”: 3, “fields”: {“name”: “General Article Sentiment”, “survey_id”: “general-article-sentiment_240906”, “scroll_depth_trigger”: 50, “previous_survey”: null, “display_rate”: 50, “thank_message”: “Thank you!”, “thank_emoji”: “ ”, “questions”: “[{“id”: “32a784f8-0a4d-44e9-962b-b9db9422d98b”, “type”: “simple_question”, “value”: {“question”: “Overall, how did you feel about this article?”, “responses”: [{“id”: “d1c06504-53a7-4704-a79b-8deb17a6e072”, “type”: “item”, “value”: “Liked it very much”}, {“id”: “35c540e2-a10e-491f-b4eb-bebfcf90784b”, “type”: “item”, “value”: “Liked it somewhat”}, {“id”: “76b8658c-7cc9-43ac-8243-9a6153fb4504”, “type”: “item”, “value”: “Neutral”}, {“id”: “9ddaa8dd-8101-4e89-bbf6-05636991cc6e”, “type”: “item”, “value”: “Disliked it somewhat”}, {“id”: “050af230-a83f-40e5-9065-fce8f7472051”, “type”: “item”, “value”: “Disliked it very much”}]}}]”, “target_article_pages”: true}}]

    The Google TV Streamer is officially on shelves tomorrow for $99.99. Our all-new, 4K media streaming device is designed for you to enjoy your favorite movies and TV shows and control your compatible smart home devices. Here’s a look at five of its helpful features that let you easily find the content you want to watch, set the scene for your ideal at-home viewing experience and personalize your TV streamer to do more — like helping you find your missing TV remote yet again.

    Find what to watch next, without the stress

    Gone are the days of spending more time searching for a show than actually watching one, especially when you’re trying to get the whole family to agree! Thanks to Gemini technology, the latest Google TV features bring you full summaries, reviews and season-by-season breakdowns of some of the top movies and TV shows — which makes finding your next marathon watch that much easier.

    Google TV Streamer also uses Google AI and your personal preferences to curate content suggestions across all of your subscriptions, so you’ll always have something to watch that interests you.

    Manage your smart home with home panel

    Google TV Streamer doubles as a smart home hub, so controlling your Matter- and Thread-compatible devices from one place is effortless. You can check in on your smart home devices with the new home panel on the TV, so you can see what’s happening at the front door, dim the lights and adjust the thermostat — all from the comfort of the couch.

    You can also cast content from your phone, add it to speaker groups, control music and more directly from your TV.

    Program your remote with the new customizable button

    Know exactly what you’re looking for? The new customizable button on Google TV Streamer’s remote lets you jump in right where you left off. You can program it to switch to the home panel to control your smart home device, favorite app or another input. You’ll be able to access your preferred streaming service, gaming console or smart lighting with just one click.

    Lost your remote again? Try Find My Remote!

    If the couch cushions tend to swallow your remote, we’ve got you covered. With Google TV Streamer, we’ve added “Find my remote” for a quick and easy way to locate your remote when it seems to be hiding.

    • Simply press the button on the back of the Google TV Streamer for less than five seconds and the remote will make a beeping sound.
    • You can also ask any connected Google Assistant device, like a speaker or Pixel phone, “Hey Google, find my remote,” and the remote will then chime so you can find it.
    • Too comfortable to get off the couch? Easily access the Find My Remote feature on the Google Home app. Your remote will sound and you can get back to streaming.

    Turn your screen into art with Ambient Screensaver

    With the new Ambient Screensaver, Google TV Streamer turns your TV into bespoke art. Display family memories and favorite photos from Google Photos albums. Or to create a one-of-a-kind image, use your voice to describe what you want to generate with the help of Google AI or pick from a selection of prompts.

    Try all of these features and more with your new Google TV Streamer — available for purchase tomorrow for $99.99 from the Google Store and other third-party retailers.

    Let’s stay in touch. Get the latest news from Google in your inbox.

    MIL OSI Economics

  • MIL-OSI Economics: Google at the 79th United Nations General Assembly

    Source: Google

    This week, global leaders are gathering in New York City for the 79th United Nations General Assembly (UNGA) and the first “Summit of the Future.” Front and center is how to dramatically accelerate progress on the UN’s 17 Sustainable Development Goals (SDGs).

    To help, the UN took a significant step forward yesterday in adopting the Global Digital Compact, a UN initiative to design a global framework to overcome digital, data and innovation divides. It outlines principles, objectives and actions for advancing an open, free, secure and human-centered digital future that enables the realization of the SDGs.

    We believe that linking the SDGs with digital progress is a great step, as we’ve seen first-hand how digital tools and access to technology can benefit education, healthcare, entrepreneurship and economic growth. We’ve long been inspired by the alignment between Google’s mission — to organize the world’s information and make it universally accessible and useful — and the SDGs. They’re similarly audacious goals that seek to benefit humanity.

    Most excitingly, AI may now bring them all into reach.

    As our CEO Sundar Pichai said in his keynote address at the UN’s Summit of the Future this weekend, “Just as the internet and mobile devices expanded opportunities for people around the world, now AI is poised to accelerate progress at unprecedented scale.”

    He also shared some of the ways Google develops technology in an effort to improve the lives of as many people as possible. From investments in infrastructure to digital skills training to innovating new products, we’re focused on making sure the digital divide does not become an AI divide.

    Our partnerships to address the SDGs

    We know from experience that expanding access to opportunity through technology requires strong public-private partnerships — with bold investments supported by the right policy frameworks. That’s why to address the SDGs and prevent an AI divide we are working across sectors, in concert with the UN and others. Today I’m excited to share a few updates on that work, including ongoing partnerships with UN agencies and a broad array of global stakeholders.

    Supporting AI skilling and education through a Global AI Opportunity Fund

    As Sundar shared in his keynote address, we’re proudly committing $120 million to make AI education and training available throughout the world. We’re partnering with nonprofit and civil society organizations to provide training in local languages based on foundational AI courses designed by Google and others. This is in addition to $275 million in Google.org funding already committed to support the responsible use of AI in society, funding both NGOs using AI to accelerate their social impact as well as organizations helping to build an ethical, safe and robust AI ecosystem. This also covers support for the development of AI solutions to achieve the SDGs such as flood forecasting in more than 80 countries, wildfire detection, and AlphaFold which is being used by over 2 million scientists in more than 190 countries doing protein-folding research.

    Enhancing the “Data Commons” to measure SDG progress

    After a successful year since the launch of UN Data Commons for the SDGs, Google has worked with the UN Department of Economic and Social Affairs (UNDESA) Statistics Division to expand Data Commons integration into major organizations like the World Health Organization (WHO) and the International Labor Organization (ILO). Data Commons acts as a central hub, providing an AI interface to access insights and visualizations on SDG progress, ultimately facilitating data-driven strategies and decisions in support of the SDGs. This helps with data equity — eliminating data as a primary barrier to implementing the SDGs — and ensures more communities have the resources they need to benefit from AI advances.

    Using AI to map the world’s buildings

    With the global population growing by more than 80 million a year, mapping the ever-changing built environment is difficult. But comprehensive urban data is critical to help global decision-makers and partners like UN Habitat support effective urban planning and address SDG 11. Just last week, we launched the Open Buildings 2.5D Temporal dataset, which uses AI to extract building footprints and heights from satellite imagery that is too blurry for the human eye, and provides critical information about how the world’s cities are changing over time with unprecedented detail.

    Using AI to enhance humanitarian disaster response

    In collaboration with Google.org, UN Global Pulse’s DISHA initiative, and the United Nations Satellite Center (UNOSAT), Google Research delivered an AI-powered solution to assist UNOSAT experts in assessing building damage, significantly enhancing the United Nations’ capacity to respond to global natural disasters. The tool allows UNOSAT analysts to expand their coverage by a factor of seven, allowing them to assess much larger regions in disaster zones, and it speeds up the production of initial damage reports by a factor of six, facilitating faster support to humanitarian agencies.

    Leveraging Google Cloud

    Google Cloud collaborated with the UN Industrial Development Organization (UNIDO), the UN International Computing Centre (UNICC), and the Italian and Ethiopian governments to co-host an event to address the mounting challenges associated with the upcoming EU Deforestation Regulations. Google Cloud offers modern technology solutions to empower coffee farmers with what we call “first mile data ownership,” providing control of the data to the farmers on the ground and allowing for greater transparency and supply chain efficiency. We also signed a Joint Declaration with UNIDO to leverage innovation to advance inclusive and sustainable industrial development.

    Working to enhance education for all

    As part of our commitment to learning for all, we’re working with UNICEF to support SDG4 (Quality Education), including deploying Chromebooks and using Google Classroom and Read Along to support literacy development. We are also proud to be a member of UNESCO’s Global Education Coalition, which yesterday launched the Six Pillars for Digital Transformation of Education, a common framework to shape sustainable and human-centered digital transformation of education systems. We know that by safely connecting young people to high-quality learning experiences, we can support skilling, economic development and societal contribution. Our aim is to use the power of technology, including advances in AI, and apply it to help close the equity gap and solve for the global learning crisis.

    Looking ahead

    We’re proud of our ongoing work with the UN. This year, in particular, we were deeply inspired by the first-ever “Summit of the Future,” which reflected an understanding of the urgent issues facing our world, as well as the role technology can play if we work together.

    We already know that future generations are watching, and focused on the urgent need for progress. In fact, this year a group of YouTube Creators from around the world joined UNGA and the summit to amplify these vital conversations with their more than 52 million subscribers. This, in addition to livestreaming UNGA sessions on YouTube, is one more way that people are signaling support for progress on the SDGs.

    As Sundar put it, “The opportunities are too great…the challenges too urgent…. and this technology too transformational, to do anything less.”

    So let’s do this!

    MIL OSI Economics

  • MIL-OSI Russia: Dmitry Grigorenko: The government is transferring the procedure for preparing regulations and bills to digital format

    MIL OSI Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Previous news Next news

    Dmitry Grigorenko held a meeting of the commission on legislative activity

    The government is gradually transferring the procedure for preparing regulations and draft laws to digital format. This was announced by Deputy Prime Minister – Head of the Government Staff Dmitry Grigorenko during a meeting of the commission on legislative activity.

    The Deputy Prime Minister reminded the state secretaries and other participants in the rule-making process that the Government Resolution on the launch of the state information system (GIS) “Rule-making” had been signed. This was an important step towards modernizing the process of developing legislation.

    By the end of 2024, it is planned to deploy the system in five federal executive bodies: the Ministry of Economic Development, the Ministry of Energy, the Ministry of Finance, the Ministry of Natural Resources, and the Ministry of Justice. And starting next year, it will be introduced into the legislative activities of all federal ministries and departments under the leadership of the Government.

    The GIS “Norm-making” is designed for joint work on draft federal laws and regulations online. This eliminates the need to send documents and provides access to the current version and preparation status.

    In addition, the system automates technical functions such as the formation of tables of disagreements and holding meetings. It also includes common standards and document templates, which allows departments to focus on content without being distracted by edits from the point of view of technical and legal execution of acts.

    Finally, the system provides a single document flow route, which guarantees traceability and control over the timing of preparation of draft federal laws, regulations, orders, decrees and other legal acts at all stages of their development and approval.

    The implementation of the GIS “Norm-making” does not provide for a regulatory reduction in the terms of document preparation. But it is assumed that the system will reduce the number of errors in the preparation of acts and legislative initiatives, and will also significantly affect the actual terms of their development and improve the quality of documents.

    In particular, the system provides for the use of artificial intelligence. In the future, the technology will be used to automate the procedure for correcting legal and technical errors, and automatically check the completeness of documents and their completeness.

    “We are creating a single digital space where ministries and departments will be able to work collectively on legal documents in real time. Thus, the preparation procedure will be 100% transparent. This is a new stage in improving the quality of legislative activity. The system allows you to control the entire process of document development online and promptly make the necessary changes. At the moment, it is being launched in test mode in five ministries, we will implement the system in stages,” said Dmitry Grigorenko.

    It was also noted that the GIS “Norm-making” has been piloted in the Ministry of Economic Development for over a year. The Ministry is the operator of the system and is responsible for its development and commissioning. To date, more than 100 draft acts have been prepared using the system.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/nevs/52774/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI Economics: New updates to help you do more with Google TV

    Source: Google

    New updates are coming to all Google TV devices starting today — including the new Google TV Streamer, available on September 24. From new ways to find what to watch to new ways to control your smart home, here’s a look at everything we’re launching.

    Control your smart home with Google TV

    With the new home panel on Google TV, you can control all of your compatible smart home devices — including lights, thermostats and cameras — without leaving the couch. The new doorbell notifications also allow you to see who’s at the front door without pausing what you’re watching. And, if you can’t find the remote, you can control your devices using your voice and the Google Assistant.

    Turn your TV into a personal masterpiece

    When you’re not watching your TV, you can turn your idle screen into a personalized work of art. An improved Ambient screensaver lets you create AI-generated designs or relive your favorite moments with Google Photos. To create a screensaver, simply describe your vision or go through a series of suggested prompts, then generative AI will create a one-of-a-kind image for your display. Or if you’re looking for something more sentimental, you can ask Google Assistant to display your favorite memories in Google Photos on your TV.

    Watch more of what you love

    Looking for somewhere to catch tonight’s game? The new sports page in the For You tab brings all of your sports content into one place. Quickly find live and upcoming games, catch sports commentary, browse YouTube highlights and get personalized recommendations to stay in the loop.

    And with all of the channels and subscription services out there, who couldn’t use some help deciding what to watch? Starting today, we’re bringing enhanced overviews of top movies and shows using Gemini technology. These overviews include full summaries, audience reviews and season-by-season breakdowns so you can make the perfect choice about what to watch.

    Last year, we made it even easier for you to watch live TV without breaking the bank with free built-in channels from Google TV — no downloads or subscriptions needed. Now with 150 channels to choose from, Google TV Freeplay is getting an updated channel guide so you can browse by genre and topic and quickly access free channels, including new additions like Heartland, The FBI Files and ION Plus.

    Get Google TV today

    Selection for Google TV devices is better than ever. In addition to the new Google TV Streamer, you can choose from new art TVs from Hisense and TCL and smart projectors from Vankyo, Epson and XGIMI. Google TV is also expanding to more countries including Thailand, Indonesia, Vietnam and the Philippines. And we’re proud to be bringing better TV to 270 million monthly active Google TV and other Android TV OS devices.

    MIL OSI Economics

  • MIL-OSI USA: Beyer To Honor Jennifer Wexton At Annual Women’s Conference

    Source: United States House of Representatives – Representative Don Beyer (D-VA)

    Rep. Don Beyer today announced that Rep. Jennifer Wexton will receive the Clara Mortenson Beyer Women and Children First Award at his Eighth Annual Women’s Conference: The Time Is Now on September 26.

    Rep. Jennifer Wexton serves Virginia’s 10th Congressional District in the U.S. House of Representatives. Prior to serving in the U.S. House, Wexton served the people of Northern Virginia for over two decades as a prosecutor, attorney, advocate for abused children, and state Senator. Throughout her legislative career, Wexton has been renowned for her success in working across the aisle to deliver results to better the lives of Virginians.

    In September 2023, Wexton announced that her previous Parkinson’s Disease diagnosis had been updated to Progressive Supranuclear Palsy – a kind of ‘Parkinson’s on steroids’ – and would not seek reelection. Following this diagnosis, Wexton used her platform and time in office to raise awareness for and champion passage of the Dr. Emmanuel Bilirakis and Honorable Jennifer Wexton National Plan to End Parkinson’s Act which was ultimately signed into law by President Biden. In July 2024, Wexton became the first member of the U.S. House to have a model of her voice generated by artificial intelligence speak for her on the House floor.

    “A neurodegenerative disease diagnosis is extremely difficult news for anyone to receive, but Jennifer has faced her diagnosis with extraordinary grace, strength, and courage,” said Rep. Don Beyer. “She has never wavered in her service to the American people and was instrumental in the enactment of the National Plan to End Parkinson’s Act, the most significant action Congress has taken in decades to combat Parkinson’s and related neurodegenerative diseases. I am so proud to know and serve with Jennifer and call her a friend.”

    Rep. Beyer created the Clara Mortenson Beyer Women and Children First Award while Ambassador to Switzerland in 2011.  It is named after his grandmother, who is credited with convincing the Roosevelt Administration to appoint Frances Perkins, the first female Cabinet Secretary in the United States. Clara Beyer served as Secretary Perkins’ right hand, working on child labor issues. She was the first woman appointed as US Representative to the International Labor Organization in Geneva. 

    The award is given annually to recognize exceptional work to empower women. Previous awardees include Deputy Secretary of Veterans Affairs Tanya J. Bradsher, Dr. Tahera Ahmadi, journalist Marie Ridder, gun violence prevention advocate Naomi Wadler, rock climber Sasha DiGiulian, diplomat Betty King, PeaceWomen founder Ruth Gaby Vermot, journalist Lisa Feldmann, Arlington community activist Portia Clark, and immigration advocate Ofelia Calderón.

    This year’s conference will be held at George Mason University’s Arlington Campus on the evening of Thursday, September 26. Registration and additional information are available here.

    MIL OSI USA News

  • MIL-OSI: Invesco Ltd: Form 8.3 – Anglogold Ashanti PLC; Public dealing disclosure

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Invesco Ltd.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    AngloGold Ashanti PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    20.09.2024  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    Yes, Centamin PLC  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: USD 1 ordinary GB00BRXH2664  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 1,665,180* 0.39      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell: 205,500 0.04 410,000 0.09  
      Total 1,870,680* 0.44 410,000 0.09  
    *The change in the holding of 2,154 shares since the last disclosure on 13.09.2024 is due to the transfer out of a discretionary holding.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    USD 1 ordinary GB00BRXH2664 Sale 1,311 28.03 USD  
    USD 1 ordinary GB00BRXH2664 Sale 05 28.06 USD  
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements, or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? YES  
       
    Date of disclosure 23.09.2024  
    Contact name Philippa Holmes  
    Telephone number +441491417447  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

                                              SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

    DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

    Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    Full name of person making disclosure: Invesco Ltd.
    Name of offeror/offeree in relation to whose relevant securities the disclosure relates: AngloGold Ashanti PLC

    2.        STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

    Class of relevant security Product description e.g. call option Written or purchased Number of securities to which option or derivative relates Exercise price per unit Type

    e.g. American, European etc.

    Expiry date
    USD 1 ordinary GB00BRXH2664 Put Option Written 102,500 1.17 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Put Option Written 103,000 1.31 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 1.62 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 2.63 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 2.61 USD American 18/10/2024
    USD 1 ordinary GB00BRXH2664 Call Option Short Position Written -102,500 2.77 USD American 18/10/2024

    3.        AGREEMENTS TO PURCHASE OR SELL ETC.

    Full details should be given so that the nature of the interest or position can be fully understood:
     

    It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

    The currency of all prices and other monetary amounts should be stated.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network