Source: Microsoft
Headline: AFT to launch National Academy for AI Instruction with Microsoft, OpenAI, Anthropic and United Federation of Teachers
Anthropic Media Relations
[email protected]
Category: Artificial Intelligence
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MIL-OSI Banking: AFT to launch National Academy for AI Instruction with Microsoft, OpenAI, Anthropic and United Federation of Teachers
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MIL-OSI United Nations: IOM and Novo Nordisk Foundation Bring AI-Powered Health Screenings to Underserved Communities
Source: International Organization for Migration (IOM)
Geneva/Copenhagen, 8 July 2025 – The International Organization for Migration (IOM) has partnered with the Novo Nordisk Foundation, a Danish enterprise foundation focused on health, to integrate Artificial Intelligence (AI) into IOM’s radiology services for people on the move.
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MIL-OSI Russia: “Economic development without the AI factor is no longer possible”
Translation. Region: Russian Federal
Source: State University “Higher School of Economics” –
An important disclaimer is at the bottom of this article.
The International Summer Institute on Artificial Intelligence in Education Research, organized by Institute of Education HSE University together with East China Normal University (ECNU). It was attended by over 50 participants and key speakers from more than ten countries in Asia, Europe, North and South America. They discussed the use of AI technologies in education and other areas.
Opening the program, Professor Meng Yu and Vice Dean of the School of Computer Science at East China Normal University Xu Fei emphasized that the rapid development of AI technologies requires international cooperation and interdisciplinary research. “We are pleased to join forces with the Institute of Education at the Higher School of Economics and are confident that the week in Shanghai will become a starting point for long-term joint projects,” said Meng Yu and Xu Fei.
Director of the Institute of Education Evgeny Terentyev recalled that research alliances between Russian and Chinese universities are acquiring strategic importance and opening up new horizons for cooperation. He also presented the results of one of the latest studies by InoBra — a typology of Russian universities’ reactions to generative AI: from ban to active implementation. The analysis showed that most universities are still in the grey zone, not formalizing the rules for using new technologies.
In his speech, HSE Academic Director Yaroslav Kuzminov outlined five areas in which AI is already transforming higher education. First, this is the need to change educational practices and educational routines. Second, the new role of human cognitive skills. Third, the possibility of overcoming educational failure by establishing a mechanism for personalized feedback. In addition, these are new learning formats (including gaming). The fifth area is new mechanisms for integrating into the labor market, based on real skills, and not on the ability to perform routine operations.
He also emphasized possible areas of using AI for good, to strengthen a person. “Efficient (competent) implementation of AI in education, based on transparent rules, motivation of students to perform more complex tasks with the help of AI than without it, as well as personalized recommendations – all this together can reduce educational failure and release economic potential, creating equal opportunities for the formation of a competitive workforce and ensuring sustainable development. Therefore, let’s move towards the literacy of the future and AI literacy with the understanding that economic development without the AI factor is no longer possible, but regression in the case of careless, illiterate use is quite likely,” said Yaroslav Kuzminov.
This leitmotif was continued by Ekaterina Kruchinskaya, senior lecturer Department of Higher Mathematics HSE University. She spoke about the results of a survey of students from ten selective (top) universities in Russia. The survey showed that students most often use generative models to retell texts, analyze data, and program, but the time savings remain minimal due to the need to check the results. At the same time, the practices of use are still not organized, and students mainly use AI to relax more, but not to use the capabilities of generative models to perform more complex, creative tasks.
“The danger of using generative AI will be significantly reduced when these practices of its use become more institutionalized, and students are motivated not to imitate, but to improve their real results,” Ekaterina Kruchinskaya summed up.
The lecture was given by Okan Bulut, a professor at the University of Alberta (Canada), who spoke about the problems of using artificial intelligence in education. He highlighted the key challenges in assessing the use of AI and discussed how this technology can be used for the benefit of learning. Continuing the topic, Associate Professor Mick Funghi of the Education University of Hong Kong spoke about changing traditional ideas about computer-supported collaborative learning. He explained that if previously technologies were viewed only as a means for students to interact with each other, now AI tools themselves are becoming full-fledged participants in the process. Using the example of group work with text, Professor Funghi also highlighted the new risks of freeriding – cases when students use AI primarily to save time, rather than to deepen collaboration – and proposed a research agenda focusing on the behavior of individual participants.
The first day ended with academic “speed dating”: the participants exchanged ideas for their projects and outlined the tasks they would work on during the week in Shanghai. Ahead of them are a series of lectures, master classes and workshops on research methods. Following the work, each participant will present their research, taking into account the recommendations received during the summer institute from experts from the Institute of Education of the National Research University Higher School of Economics and the Higher Communist Party of Ukraine.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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MIL-OSI USA: Warren, Sheehy Introduce Bipartisan Bill to Guarantee Military Right to Repair Its Equipment
US Senate News:
Source: United States Senator for Massachusetts – Elizabeth Warren
July 08, 2025
This bill would extend the Army’s right to repair policy to all the services, standing up for taxpayers and service members.
Bill Text (PDF) | Bill One-Pager (PDF)
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Tim Sheehy (R-Mont.) introduced the Warrior Right to Repair Act of 2025, legislation that would require contractors to provide the Department of Defense (DoD) with access to technical data and materials the military needs to repair and maintain its own equipment.
The DoD has long relied on defense contractors to provide the U.S. military with a wide range of equipment. Contractors often set out terms for this equipment, from its cost to the necessary design requirements. Many of these contracts contain provisions that restrict DoD’s ability to conduct repairs, including provisions that limit the sharing of intellectual property and technical data with DoD, which leaves service members unable to repair their own equipment and waiting weeks or months for a contractor to perform repairs that service members could do themselves.
These restrictions have concerning implications for service members’ skills, sustainment costs, and readiness. Restricting service members from repairing their equipment often leads to higher sustainment costs and increases the risk of DoD being overcharged. The Navy was forced to fly contractors to ships at sea to perform simple fixes, Marines in Japan had to send engines back to the United States for repairs instead of fixing them on-site, and one contractor charged $900 a page for upgrades to its maintenance manuals for an Air Force aircraft used to provide air support to troops in battle.
Last month, Secretary of the Army Daniel Driscoll announced that the Army will ensure right to repair provisions are included in future Army contracts and will identify and propose contract modifications for right to repair provisions in current contracts. The Warrior Right to Repair Act of 2025 would extend the Army’s right to repair policy to all the services, standing up for taxpayers and service members.
“It’s common sense for members of our military to be able to fix their own weapons,” said Senator Warren. “Senator Sheehy and I are fighting to improve military readiness and save taxpayers billions. It’s about time we stood up to Pentagon contractors that are squeezing every last cent from us at the expense of our national security.”
“For decades, American service members have been forced to rely on a broken status quo to repair equipment on the battlefield, threatening our readiness and costing taxpayers billions,” said Senator Tim Sheehy. “Our warfighters – and the American public – deserve better, and I’m proud to lead this bipartisan legislation to streamline bloated bureaucracy, increase competition, and provide our warfighters with the quality and quantity of equipment they need to win the next fight.”
In May 2025, Senators Warren and Sheehy published a Fox News op-ed that underscored how right to repair restrictions imposed by defense contractors hurt the military’s ability to respond to threats and bloat the national defense budget by blocking service members from repairing weapons and equipment.
Specifically, the Warrior Right to Repair Act would:
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Ensure contractors provide DoD with “fair and reasonable” access to repair materials, including parts, tools, and information, by ensuring DoD’s procurement contracts guarantee access, on fair and reasonable terms, to materials needed for service members to repair equipment and for services to compete for sustainment contracts.
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Define “fair and reasonable access” as providing similar terms, conditions, and prices as those the contractor makes available to the authorized repair providers to allow for an even playing field.
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Incorporate right to repair in current contracts by initiating a review to determine the contract modifications needed to remove repair restrictions that currently limit DoD’s ability to maintain and repair systems effectively and efficiently.
The legislation is endorsed by the Project On Government Oversight (POGO) and the U.S. Public Interest Research Groups (PIRG).
“This bill will strengthen America’s military readiness and cut wasteful spending by giving our service members the tools and authority to repair their own equipment,” said Dylan Hedtler-Gaudette, the interim Vice President for Policy and Government Affairs at the Project On Government Oversight. “When their essential equipment breaks down, our troops shouldn’t be forced to wait for a contractor to fix it at taxpayers’ expense. By ensuring the right-to-repair, this bill is a win for both national security and fiscal responsibility.”
Senator Warren has been a leader on right to repair in the military:
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In June 2025, at a hearing of the Senate Armed Services Committee, Navy Secretary John Phelan told Senator Elizabeth Warren that he is a “huge supporter of right to repair” and expressed support for a bill guaranteeing the military can repair its own equipment and requiring contractors to offer repair materials for a fair and reasonable price.
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In May 2025, Senators Elizabeth Warren and Tim Sheehy called for every service of the military to follow the example set by Army Secretary Dan Driscoll and ensure the military has the right to repair the equipment it owns. The senators also announced a new bipartisan bill to make the right to repair policies permanent.
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In May 2025, at a hearing of the Senate Armed Services Committee, Air Force Secretary Troy E. Meink said he agreed with Senator Elizabeth Warren and fully supported making the right to repair a strategic priority for the Air Force. He also agreed on the need to update the branch’s policies to include the right to repair in contracts service-wide and prevent defense contractors from price-gouging the military.
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In May 2025, at a hearing of the Senate Armed Services Committee, Senator Elizabeth Warren uplifted how the right to repair can help the U.S. military and allied forces promote innovation and reduce costs.
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In May 2025, Secretary of the Army Daniel P. Driscoll announced that the Army will ensure right to repair provisions are included in future Army contracts, after pressure from Senator Warren.
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In April 2025, Senator Elizabeth Warren secured a commitment from Mr. Michael Cadenazzi, nominee to be the next Assistant Secretary of Defense for Industrial Base Policy, to support AI competition and innovation in defense contracting.
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In March 2025, at a hearing of the Senate Armed Services Subcommittee on Readiness and Management Support, Senator Elizabeth Warren questioned General Randall Reed, Commander for Transportation Command, about the importance of the military’s ability to have the right to repair its own equipment.
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In February 2025, at a hearing of the Senate Armed Services Committee, Senator Elizabeth Warren questioned Mr. John Phelan, the nominee to be Secretary of the Navy, about his views on ensuring the Navy’s right to repair its own equipment – one of Senator Warren’s priorities.
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In January 2025, at a hearing of the Senate Armed Services Committee, a Palantir Executive agreed with Senator Elizabeth Warren that legal loopholes should not enable companies to price-gouge the military.
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In January 2025, Senator Elizabeth Warren questioned Mr. Dan Driscoll, nominee for Secretary of the Army, about his views on enhancing the Army’s right to repair its own equipment and his commitments to address the revolving door between the Pentagon and contractors.
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In December 2024, Senator Elizabeth Warren and Representative Marie Gluesenkamp Perez (D-Wash.) introduced the Servicemember Right-to-Repair Act to increase military readiness and cut costs by allowing servicemembers to repair their own equipment.
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In September 2024, Senator Elizabeth Warren wrote to the Defense Department and to the defense contractor industry regarding the costly restrictions imposed on the Department of Defense that bar the military from repairing its own military equipment and instead force it to pay billions of dollars extra to military contractors.
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In July 2024, Senator Elizabeth Warren included a provision in the Senate Fiscal Year 2025 NDAA that would require contractors to provide DoD with “fair and reasonable” access to repair materials with a bipartisan committee vote of 21-4.
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MIL-OSI Security: Six Defendants Indicted in Federal Investigation Targeting Fentanyl, Heroin, and Cocaine Sales in Chicago
Source: US FBI
CHICAGO — A federal investigation into fentanyl, heroin, and cocaine sales in Chicago has resulted in a grand jury returning multiple drug and/or firearm charges against six individuals.
A superseding indictment returned in U.S. District Court in Chicago accuses the six defendants of conspiring to distribute the drugs in Chicago in 2024. Two of the defendants are charged with firearm offenses for illegally possessing semiautomatic handguns as previously convicted felons.
Charged with drug conspiracy are ANDRE DEBRUCE, 40, of Schiller Park, Ill., TERRANCE PATTON, 40, of Chicago, CRAIG CALDWELL, 43, of Chicago, TIMOTHY BELIN, 48, of Chicago, JENNIFER WORD, 39, of Chicago, and DENOMOIUS WELLS, 41, of Chicago. Patton and Caldwell are the previously convicted felons charged with illegal firearm possession. Caldwell also faces an additional gun charge for allegedly possessing a firearm in furtherance of drug trafficking.
The charges against Caldwell carry a maximum sentence of life in federal prison, with a mandatory minimum of five years. Patton and Debruce face maximum sentences of 40 years, with a mandatory minimum of five years. Belin, Word, and Wells each face up to 20 years, with no mandatory minimum.
Wells pleaded not guilty to the charges during his arraignment on Tuesday before U.S. Magistrate Judge M. David Weisman. The five other defendants have also been arraigned and also pleaded not guilty to the charges.
The superseding indictment was announced by Andrew S. Boutros, United States Attorney for the Northern District of Illinois, and Douglas S. DePodesta, Special Agent-in-Charge of the Chicago Field Office of the FBI. Substantial assistance was provided by IRS Criminal Investigation in Chicago, the Chicago Police Department, and the Evanston, Ill. Police Department. The government is represented by Assistant U.S. Attorneys Hayley Altabef and Adam Rosenbloom.
The superseding indictment in this case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to protect our communities from the perpetrators of violent crime, among other areas of focus. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).
The public is reminded that an indictment contains only charges and is not evidence of guilt. The defendants are presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.
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MIL-OSI: Relm Insurance Launches Streamlined Coverage Suite for Fintechs
Source: GlobeNewswire (MIL-OSI)
St. George’s, Bermuda, July 08, 2025 (GLOBE NEWSWIRE) — Relm Insurance (‘Relm’), the leading insurer for emerging and innovative industries, today announced the launch of OMEGAFINTECH and NOVAFINTECH, which eliminate coverage gaps within streamlined policies built for today’s financial innovators.
Modern fintechs face growing risks — from cyberattacks to regulatory scrutiny — yet still rely on fragmented insurance cobbled together from legacy providers. This patchwork approach often leads to costly gaps in coverage and uncertainty at claim time.
Relm’s new product suite solves this problem by combining critical coverages into a unified structure:
OMEGAFINTECH
Built for companies that deliver financial services through technology (e.g. digital banks, crypto exchanges, payment platforms), and includes integrated coverage for:
- Tech and AI liability
- Cybersecurity events
- Financial and professional services (E&O)
- Regulatory investigations and compulsory limits (e.g. PSD2 compliance in the EU)
- Financial crime and fraud
- Management liability
- 24/7 incident response team access
NOVAFINTECH
Tailored for fintech enablers — companies that build, supply, or power financial technologies without offering financial services themselves. It Includes all OMEGAFINTECH protections, minus financial services and management liability, keeping coverage relevant and cost-effective.
“Many fintechs are scaling fast and taking on complex risk — but traditional insurance hasn’t kept pace,” said Joseph Ziolkowski, CEO and Founder of Relm Insurance. “With OMEGAFINTECH and NOVAFINTECH, we’re helping them close critical gaps and build resilience where it matters most.”
“Findings from our research and stakeholder engagement suggested there was a clear need for policies that reflect the reality of how modern fintechs operate,” said Claire Davey, Relm’s Head of Product Innovation and Emerging Risk. “OMEGAFINTECH and NOVAFINTECH are the result of that process — cohesive, technically sound coverages that address overlapping exposures in a single structure, helping our clients navigate risk with fewer gaps and greater clarity.”
For more information, visit: https://relminsurance.com/insurance-products/fintech-insurance-products-omegafintech-and-novafintech/
Who is OMEGAFINTECH for? Who is NOVAFINTECH for? Digital Banking Platforms Digital Payments Payment Technology Providers Banking as a Service (BaaS) Fraud Prevention and Identity Verification Lending Platforms Risk Management, Compliance and RegTech Wealth Tech Lending Technology Platforms Personal Finance and Budgeting Data Aggregation and Open Banking APIs BNPL (Buy Now, Pay Later) About Relm Insurance
Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier that supports emerging industries driving innovation and next-generation technologies. Launched in 2019, Relm offers a wide range of insurance products to high-growth markets, including digital assets, blockchain, AI, biotech, and the space economy. With a Financial Stability Rating of A (Exceptional) from Demotech, Relm is widely recognised for its industry expertise and solutions-driven approach, making it a trusted risk partner for businesses operating at the frontier of technological innovation.
PR Contact
Reannah Smith
reannah@lunapr.io
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MIL-OSI: KingsRock Advisors Announces Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise
Source: GlobeNewswire (MIL-OSI)
NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board, a series of new Senior Hires, additional Senior Advisors joining us, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business, across industries, geographies, and capital structures.
We are pleased to welcome the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:
Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities Kevin Parker New York, CEO SICM, former CEO of Deutsche Asset Management Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:
David Barcus New York, former BNP and Raymond James John Doyamis New York, former EBG, and Bear Stearns Leo-Hendrik Greve Amsterdam, former ING, Citi and MS Rony Jawhar Dubai, former Arqaam and Deutsche Bank Bray Kelly New York, former JBK Capital and UBS Joe Lovrics Madrid, former Societe General, Citi, and BNP Bill Miller New York, Commerce Street, TPG Sixth Street, Citi Hans Narberhaus Madrid, former Deutsche Bank Laurent Quelin London, former Chenavari, and CS Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG Jorge de los Rios Madrid, former Santander, S&P and Lehman Mike Turnbull London, former StormHarbour, BAML and MS Andrew Whittaker New York, Lazard, GSAM and Lehman In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.
We also welcome George Parker, New York, as Senior Advisor for Operations.
This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.
Expansion of our Global Network of Senior Advisors
We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.
This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.
We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.
“We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.
KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.
About KingsRock:
KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.
Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.
KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.
Disclaimer:
Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.
KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.
KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).
This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.
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MIL-OSI: KingsRock Advisors Announces Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise
Source: GlobeNewswire (MIL-OSI)
NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board, a series of new Senior Hires, additional Senior Advisors joining us, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business, across industries, geographies, and capital structures.
We are pleased to welcome the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:
Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities Kevin Parker New York, CEO SICM, former CEO of Deutsche Asset Management Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:
David Barcus New York, former BNP and Raymond James John Doyamis New York, former EBG, and Bear Stearns Leo-Hendrik Greve Amsterdam, former ING, Citi and MS Rony Jawhar Dubai, former Arqaam and Deutsche Bank Bray Kelly New York, former JBK Capital and UBS Joe Lovrics Madrid, former Societe General, Citi, and BNP Bill Miller New York, Commerce Street, TPG Sixth Street, Citi Hans Narberhaus Madrid, former Deutsche Bank Laurent Quelin London, former Chenavari, and CS Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG Jorge de los Rios Madrid, former Santander, S&P and Lehman Mike Turnbull London, former StormHarbour, BAML and MS Andrew Whittaker New York, Lazard, GSAM and Lehman In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.
We also welcome George Parker, New York, as Senior Advisor for Operations.
This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.
Expansion of our Global Network of Senior Advisors
We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.
This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.
We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.
“We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.
KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.
About KingsRock:
KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.
Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.
KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.
Disclaimer:
Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.
KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.
KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).
This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.
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MIL-OSI Africa: East African Community (EAC) and Intergovernmental Authority on Development (IGAD) Unite to Break Barriers in Cross-Border Digital Payments
Source: APO – Report:
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The East African Community (EAC) and the Intergovernmental Authority on Development (IGAD) have taken a significant step towards regional financial integration, with the convening of a five-day workshop on payment systems interoperability. The IGAD-EAC-World Bank Joint Workshop, convened from 30th June to 4th July, 2025 in Addis Ababa, Ethiopia, brought together Central Banks, digital finance experts, and senior policymakers from nine countries with a focus on advancing harmonised legal, regulatory, and supervisory frameworks that will enable faster, safer, and more inclusive cross-border payments across the Eastern Africa region
The workshop was organised under the Eastern Africa Regional Digital Integration Project (EARDIP), a flagship initiative jointly implemented by IGAD and EAC, with support from the World Bank. The EARDIP’s mission is to boost regional digital market integration by expanding broadband infrastructure and strengthening the environment for cross-border digital services, including digital payments, a critical enabler of trade, remittances, and financial inclusion.
At the heart the Addis Ababa discussions was a shared regional challenge of fragmented and non-interoperable payment systems that undermine economic potential. While countries like Kenya, Tanzania, and Ethiopia have made strides in domestic interoperability, regional integration remains stifled by gaps in regulations, technical disparities, and cybersecurity concerns. Against this backdrop, the workshop provided a platform for technical learning, peer-to-peer exchange, and collective visioning.
In his opening remarks, Dr. Mohyeldeen Eltohami, Director of Economic Cooperation and Regional Integration, IGAD, emphasised that the workshop was not merely a technical convening but a launchpad for transformation. “The collaboration between EAC and IGAD exemplifies the spirit of regional solidarity and shared ambition that Africa needs to build the future it envisions, a future of seamless digital integration, inclusive prosperity, and economic transformation,” he said.
The Director urged participants to seize the opportunity to build a harmonised regional framework and to let cooperation, not fragmentation, define the region’s digital future.
“Digital transformation is no longer a choice but a necessity. Together, IGAD and EAC can build a digitally integrated Eastern Africa, where borders no longer limit opportunity, and where innovation drives inclusion, and prosperity is shared,” said Dr. Eltohami.
Echoing these sentiments, Eng. Daniel Murenzi, Principal Information Technology Officer, EAC Secretariat stressed that digital payments are the backbone of a functioning digital market and that interoperability was no longer a luxury, but a necessity for regional prosperity.
“EAC and IGAD are implementing the EARDIP Project with the objective to advance digital regional integration by strengthening cross-border digital infrastructure, services, policies, and frameworks that promote economic growth, inclusion, and regional collaboration among EAC and IGAD Member/Partner States,” noted Eng. Murenzi.
“Payment systems are an enabler in this digital ecosystem for the region, with their interoperability a critical factor. We therefore need to review national payment processes, harmonise legal and regulatory instruments and facilitate interoperability of the regions payment system,” he noted.
On his part, Mr. Gynedi Srinivas, Senior Financial Sector Specialist, Payment Systems Development Group, World Bank outlined the global relevance of the workshop, noting that its objectives align with the Group of Twenty (G20) roadmap for faster, cheaper, and safer cross-border payments. He applauded the region’s readiness to harness the benefits of fast payment system (FPS) interoperability.
“The benefits of cross-border interoperability of fast payment systems will especially enable safer, faster and low-cost retail payments across borders helping end-users, individuals and Medium, Small and Micro Enterprises (MSMEs) to make and receive payments seamlessly,” he noted.
Participants of the workshop engaged in discussions on three strategic areas: digital infrastructure, legal and regulatory frameworks, and regional payment integration. Recommendations from these sessions included the need to invest in shared digital infrastructure, adopt consumer-centric design for FPS, develop regulatory sandboxes to support innovation, and the need to harmonise legal instruments to unlock true cross-border operability.
During the workshop, experts from some Member/Partner States Central/National Banks shared experiences and lessons from their national contexts, thereby providing practical blueprints for other countries aiming to leapfrog barriers and accelerate digital finance inclusion.
Participants also explored emerging technologies, including AI, blockchain, and cross-border Central bank digital currencies, alongside discussions on cyber threats and the role of cybersecurity incident response teams (CIRSTs) in protecting payment ecosystems. The need for a unified cybersecurity legal framework and real-time threat intelligence sharing across borders emerged as a top priority.
The workshop further recommended facilitating peer-to-peer attachments among central banks; anchoring FPS design in user needs; collectively addressing social engineering risks, particularly in mobile payments; and convening annual joint workshops on cross-border payments.
The workshop brought together experts from nine IGAD-EAC Member/Partner States’ National Payment System directorates or departments from the Bank of the Republic of Burundi, the Central Bank of Djibouti, the National Bank of Ethiopia, the Central Bank of Kenya, the National Bank of Rwanda, the Central Bank of Somalia, the Bank of South Sudan, the Bank of Tanzania and the Bank of Uganda. The Central Bank of the Democratic Republic of Congo was represented by the Ministry of Regional Integration of the Democratic Republic of Congo. Also in attendance were IGAD and EAC EARDIP Coordinators and key staff as well as World Bank Consultants and a representative from Banco d ’Italia (Bank of Italy).
– on behalf of East African Community (EAC).
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MIL-OSI United Kingdom: Cameroon celebrates forest hero and Chevening scholars
Source: United Kingdom – Executive Government & Departments
World news storyCameroon celebrates forest hero and Chevening scholars
The British High Commission in Yaoundé honoured Dr Cécile Ndjebet, the first-ever Kew International Medalist and a trailblazing forest and climate activist.
Dr Ndjebet receiving her Award from the High Commissioner, Matt Woods.
The British High Commission in Yaoundé hosted a special ceremony to honour Dr Cécile Ndjebet, the first-ever recipient of the Kew International Medal. A renowned forest and environmental activist, Dr Ndjebet was celebrated for her groundbreaking work in forest conservation and women’s empowerment across 20 African countries.
Her recognition marks a historic moment, highlighting Cameroon’s leadership in global environmental advocacy.
As the 17th recipient of this globally respected award, Dr. Ndjebet was commended by UK Minister for Africa, Lord Collins, and High Commissioner Matt Woods for her tireless efforts in promoting inclusive forest governance.
A co-founder of the African Women’s Network for Community Management of Forests and a member of the African Forest Forum, Dr Ndjebet has been instrumental in advancing sustainable environmental practices while ensuring that women have a voice in managing Africa’s natural resources.
A royal recognition
Just days after the ceremony in Cameroon, Dr Ndjebet was received by His Majesty King Charles III in the United Kingdom. During her visit, she delivered a powerful keynote address on “Nature Action: Mobilising Frameworks and Finance” highlighting the urgent need for global collaboration in financing nature-based solutions and empowering local communities, especially women, to lead in environmental stewardship.
Her address underscored the importance of integrating traditional knowledge, gender equity, and sustainable finance into global climate strategies.
Celebrating academic excellence
The event also celebrated the return of eight Chevening Scholars who recently completed their master’s degrees at top UK universities. These scholars specialized in critical fields such as climate policy, engineering, disaster management, and artificial intelligence, bringing back valuable knowledge and skills to contribute to national development.
Strengthening UK-Cameroon ties through education
Since its inception in 1983, the Chevening Scholarship programme has played a vital role in fostering educational and diplomatic ties between the UK and Cameroon. By investing in future leaders, the programme continues to build bridges of collaboration, innovation, and mutual growth.
Updates to this page
Published 8 July 2025 -
MIL-OSI Russia: INNOPROM-2025: the fight for technological leadership
Translation. Region: Russian Federal
Source: Peter the Great St. Petersburg Polytechnic University –
An important disclaimer is at the bottom of this article.
The Polytechnic stand continues its work at the INNOPROM exhibition, and the official delegation of SPbPU takes an active part in the business program. On July 8, Russian Prime Minister Mikhail Mishustin arrived in Yekaterinburg. At the forum, the Prime Minister assessed the exhibits and opened the main strategic session “Technological Leadership: Industrial Breakthrough”.
“I would like to sincerely welcome the participants and guests of the main industrial exhibition of Russia. This year it has a significant anniversary. For the 15th time, Yekaterinburg has become the center of attraction for companies of industrial leaders – both our country and our friendly states. In order to identify new growth points, expand the range of business contacts,” said Mikhail Mishustin. – Today’s discussion is devoted to a very important topic – industrial breakthrough. President Vladimir Vladimirovich Putin at the St. Petersburg International Economic Forum emphasized that the Russian economy must become more technological. This is a serious challenge, the solution of which will require combining the efforts of educational and scientific institutions, industry and other sectors, the expert community and investors, state corporations and development institutions, ministries and departments, regional authorities. I am absolutely convinced that together we will be able to achieve the goals set in this area. And a good support, of course, will be the success of domestic manufacturers.”
The industrial world is currently experiencing a period of dramatic change and instability. In the context of growing uncertainty, the largest market players are actively looking for new growth points and strategic allies. Technological development is becoming a key area of production transformation. The priority vector is the creation of intelligent and automated systems, where artificial intelligence plays a central role in managing production processes. However, technological progress is only one component of success in the struggle for leadership. An equally important aspect is the formation of a reliable ecosystem of partnerships based on many years of experience of joint work and mutual trust. The key factors in this strategy are the painstaking work of higher education institutions in training qualified personnel, as well as close interaction between educational institutions, enterprises and business representatives.
Thus, the chief designer for the key scientific and technological development area of SPbPU “System Digital Engineering”, director of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov was one of the key speakers of the round table “Implementation of strategic projects of technological leadership within the framework of the program “Priority-2030”. The participants of the meeting discussed the mechanisms of interaction of the program with the system of higher education, including the assessment of the implemented educational programs, methodological approaches to training and forms of cooperation between educational institutions and the business community.
Alexey Ivanovich recalled that in 2025, each university included the section “Strategic Technological Leadership” in its comprehensive development program, identifying three strategic technological projects. Peter the Great St. Petersburg Polytechnic University, following the presentation of the University Development Program at the Council of the Ministry of Science and Higher Education of the Russian Federation, entered the leading group of universities participating in the Priority-2030 program.
It is important to note that in accordance with the Order of the Government of the Russian Federation dated May 20, 2023 No. 1315-r, the term “technological leadership” is defined as the superiority of technologies or products in key parameters (functional, technical, cost) over foreign analogues. It is for the purpose of achieving technological leadership according to this definition that SPbPU concentrates its efforts on three key scientific and technological areas (KST): KST-1 “Systemic digital engineering” – development of technologies and products superior to foreign analogues, based on digital twin technology and the CML-Bench® Digital Platform KST-2 “New materials, technologies, production” – creation of science-intensive industries for the repair and manufacture of products for various purposes; KST-3 “Artificial intelligence for solving cross-industry problems” – development of digital platform solutions for analyzing multimodal data, – said Alexey Ivanovich.
A solemn and pleasant ceremony took place at our stand during business negotiations. SPbPU Academic Secretary Dmitry Karpov presented the SPbPU “For Merits” badge of distinction to Anatoly Sludnykh, General Director of the Ural Optical-Mechanical Plant named after E. S. Yalamov (UOMZ). The award was given by a unanimous decision of the Polytechnic Academic Council for his great contribution to the development of Peter the Great St. Petersburg Polytechnic University. UOMZ is a long-standing and reliable partner of the Polytechnic. So, quite recently The plant’s delegation visited our university.
According to Anatoly Sludnykh, the enterprise is interested in using technologies and materials developed by Polytechnic University scientists, as well as in additional training of its technologists and engineers at the university. SPbPU, in turn, is determined to strengthen ties and expand cooperation with the Ural Optical and Mechanical Plant and other enterprises of the Shvabe holding.
We should add that the Polytechnic stand enjoys increased attention from specialists and visitors to the INNOPROM exhibition. They evaluate the advanced engineering developments of our university and communicate with the university specialists. But the exhibit of the SPbPU History Museum is of particular value – a fragment of the legendary “Cable of Life”. This is a gift from Polytechnic graduates who, after graduating from the university, made a successful career at Lenenergo.
September 23, 1942 was a turning point in the history of Leningrad during the siege. On this day, the besieged city began receiving electricity from the Volkhov Hydroelectric Power Station. The unique project was completed in just 48 days. Power engineers had to lay 104 kilometers of overhead power lines and five 23-kilometer cable strands along the bottom of Lake Ladoga. The work was carried out under constant enemy fire near the front line. A three-core cable with a 120 mm² cross-section ensured the transmission of significant amounts of electricity. The system operated for almost two years, supplying not only industrial enterprises, but also the everyday needs of city residents.
Director of the SPbPU History Museum Valery Klimov shared his memories of the outstanding engineer Nikodim Tumanov, who supervised the cable laying. In 1935, he graduated from the Leningrad Polytechnic Institute as an external student, defending his diploma project on the topic of “Expansion of the electrical network of the Central District of the Leningrad electrical network.”
When he was assigned to lead the group, he said: “I understood that this task was impossible. But if I refused, someone else would refuse, a third – and the city would be left without electricity. I decided for myself that I had to try. Leningraders are those people who did not refuse. Perhaps that is why we survived. And as long as a person believes, he lives,” Valery Yuryevich quoted Nikodim Tumanov.
I noticed that there are not many stands here that have the logo of the 80th anniversary of the Victory. Our stand has one. This year the country celebrated a great anniversary, and that is why we brought to Yekaterinburg one of the symbols of the Victory and the heroism of Leningraders – “Cable of Life”, – emphasized Valery Klimov.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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MIL-OSI: BluSky AI Inc. Secures First Site with 9.3MW to Launch Flagship Data Center in Central, Utah
Source: GlobeNewswire (MIL-OSI)
Salt Lake City Utah, July 08, 2025 (GLOBE NEWSWIRE) — BluSky AI Inc. (OTC: BSAI), (“BluSky AI” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.
On June 30, 2025, BluSky AI entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky AI its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky AI’s long-term operations at the Milford site.
In consideration for the power rights, BluSky AI issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.
Simultaneously, BluSky AI executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.
With this dual milestone, BluSky AI now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.
“This is a foundational moment for BluSky AI,” said Trent D’Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”
Trent D’Ambrosio
CEO, BluSky AI Inc.
trentdambrosio@bluskyaidatacenters.com
www.bluskyaidatacenters.comAbout BluSky AI Inc.
Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.
Forward-Looking Statements:
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.
BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.
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MIL-OSI: BluSky AI Inc. Secures First Site with 9.3MW to Launch Flagship Data Center in Central, Utah
Source: GlobeNewswire (MIL-OSI)
Salt Lake City Utah, July 08, 2025 (GLOBE NEWSWIRE) — BluSky AI Inc. (OTC: BSAI), (“BluSky AI” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.
On June 30, 2025, BluSky AI entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky AI its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky AI’s long-term operations at the Milford site.
In consideration for the power rights, BluSky AI issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.
Simultaneously, BluSky AI executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.
With this dual milestone, BluSky AI now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.
“This is a foundational moment for BluSky AI,” said Trent D’Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”
Trent D’Ambrosio
CEO, BluSky AI Inc.
trentdambrosio@bluskyaidatacenters.com
www.bluskyaidatacenters.comAbout BluSky AI Inc.
Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.
Forward-Looking Statements:
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.
BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.
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MIL-OSI: GoldenMining Launches Enhanced AI-Powered Cloud Mining Platform as Crypto Infrastructure Advances
Source: GlobeNewswire (MIL-OSI)
New York, July 08, 2025 (GLOBE NEWSWIRE) —
Amid renewed momentum in the digital asset sector and a resurgence in tech equities, GoldenMining has unveiled an upgraded version of its automated crypto mining platform, leveraging intelligent computing technologies to optimize cloud-based operations. The launch comes as industry players focus on scalable, infrastructure-driven innovations in the blockchain space.
GoldenMining operates a globally distributed network of data centers that power its AI-driven mining ecosystem. The platform supports real-time resource allocation and automatic switching between multiple cryptocurrency networks, including Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), and others. The goal is to enable users to engage in mining operations without the need for hardware, technical expertise, or on-site management.
“We’re advancing mining accessibility through automation,” said a GoldenMining spokesperson. “Our platform is built to dynamically respond to network activity and adjust mining strategies accordingly—offering an efficient, hands-off entry point into crypto infrastructure.”
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1. Register an account and get a trial bonus for new users; for more activities, please consult the official website: (www.GoldenMining.com)
2. Select and activate the contract, and the cloud system automatically runs the mining machine;
3. Receive daily profits: Daily profits will be automatically calculated and sent to your account. When your balance reaches 100. You can withdraw at any time or choose to automatically reinvest and enjoy compound interest
4. Multi-currency parallel mining: In addition to BTC, GoldenMining supports DOGE, LTC, ETH, USDT, XRP and other currency mining. When XRP trading is active, it can automatically switch mining currencies to capture the increased bonus.
Key Features of the GoldenMining Platform:
- AI-Based Power Scheduling: Continuously monitors network difficulty and transaction activity to optimize mining allocation.
- Multi-Currency Support: Enables simultaneous mining of various digital assets with automated switching based on network conditions.
- Decentralized Infrastructure: Operates 13+ high-performance data centers worldwide to ensure system reliability and uptime.
- Energy-Efficient Operations: Utilizes optimized hardware configurations and scalable infrastructure with an emphasis on sustainability.
- User-Friendly Interface: Accessible via web and mobile platforms for real-time monitoring and system management.
GoldenMining’s latest platform update is aligned with broader trends in the crypto industry, where automation and intelligence are becoming key pillars of next-generation blockchain participation. The company has also announced ongoing expansion of its mining infrastructure and plans to support additional payment channels and smart contract integrations in the near future.
About GoldenMining
GoldenMining is a global provider of cloud-based mining services, committed to developing accessible and fully automated solutions for digital asset enthusiasts. With users in over 100 countries and a growing network of international data centers, the company aims to simplify crypto infrastructure engagement at scale.
Official Website: www.GoldenMining.com
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
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MIL-OSI: Surfshark partners up with MSI to grant more digital perks
Source: GlobeNewswire (MIL-OSI)
Surfshark, a cybersecurity company building the most beloved security products for everyone, announces a new partnership with MSI, a leader in gaming and high-performance computing solutions, to provide more digital perks to the members of the MSI Reward Program. Now, the program members can experience a free trial of Surfshark’s most popular VPN subscription plan.
“In today’s world, where digital footprints are constantly tracked and data breaches are on the rise, people more than ever seek tools that can help to reclaim digital privacy and strengthen online security. A VPN encrypts internet traffic and masks a person’s IP address, making it more secure to stay online. Therefore, this collaboration brings exciting opportunities for MSI users to enhance their online experience with Surfshark’s security and privacy,” says Justas Pukys, Sr. Product Manager at Surfshark.
Members of the MSI Reward Program can redeem a free 1-month trial of Surfshark One with just 25 points. The MSI Reward Program is a loyalty platform where MSI users can earn points by registering products, completing tasks, or participating in events, and redeem those points for exclusive gifts, discounts, and digital perks, like Surfshark.
“We understand how increasingly important online security is to our users,” says Vera Chen from MSI Partnership Alliance Marketing. “This partnership with Surfshark underlines our commitment not only to delivering high-performance hardware and innovation, but also to protecting user privacy and data. Whether gaming, creating content, or tackling demanding workloads, our users can now enjoy peace of mind knowing their internet experience is safeguarded by Surfshark’s leading VPN service.”
Also, extra perks are provided for shoppers in Europe. Until July 22, 2025, customers who purchase selected items during the MSI summer sale on the MSI Official eShop can enjoy up to 30% off on selected products, and a one-month trial of Surfshark One included with selected MSI products. Special offers are provided for Germany, France, Spain, and Poland.
For more information, read here.
ABOUT SURFSHARK
Surfshark is a cybersecurity company offering products including an audited VPN, certified antivirus, data leak warning system, private search engine, and tool for generating an online identity. Recognized as a leading VPN by CNET and TechRadar, Surfshark has also been featured on the FT1000: Europe’s Fastest Growing Companies ranking. Headquartered in the Netherlands, Surfshark has offices in Lithuania and Poland. For information on Surfshark’s operations and highlights, read our Annual Wrap-up. For information about Surfshark’s previous independent verifications and certifications, visit our Trust Center.
ABOUT MSI
MSI (Micro-Star International) is a world leader in gaming, content creation, business & productivity, and AIoT solutions. Operating in over 120 countries, MSI is renowned for its high-quality laptops, desktops, graphics cards, motherboards, monitors, and more. Driven by innovation and a passion for technology, MSI is committed to delivering the best user experiences through cutting-edge R&D, intuitive design, and exceptional product quality. Discover more about MSI at msi.com.
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MIL-OSI: Flexera Announces Winners of the 2025 Technology Intelligence Awards
Source: GlobeNewswire (MIL-OSI)
ITASCA, Ill., July 08, 2025 (GLOBE NEWSWIRE) — Flexera, the global leader in technology spend and risk management, today announces the winners of the fifth annual Technology Intelligence Awards. The awards recognize organizations that have demonstrated exceptional achievements in leveraging IT Asset Management (ITAM), FinOps and SaaS Management to drive growth, innovation and positive impact.
“Our customers continue to redefine what’s possible and drive innovation across ITAM, FinOps and SaaS Management,” said Roy Ritthaler, Executive Vice President of Customer Value at Flexera. “The Technology Intelligence Awards celebrate these remarkable achievements, recognizing their relentless focus on optimizing technology spend, reducing risk, and making smarter, data-driven decisions. This year’s winners demonstrate a shift toward a holistic approach, integrating cloud and SaaS solutions, treating them as interconnected parts of an optimization strategy.”
The award entries from Flexera customers worldwide highlighted key industry trends including:
- The evident adoption of policy-driven automation and machine learning, showing transitions from pilots to production for cost savings and enhanced IT visibility.
- A focus on purpose-led optimization and modernization, aligning ITAM with broader business goals.
- The FinOps submissions indicated a rise in financial accountability in engineering, with budgets linked to team KPIs, cost awareness integrated into workflows, and greater ownership of spend across technical teams.
“We’re honored to receive the Breakthrough Award from Flexera,” said Michał Sawicki, Senior Contract and License Lead at Heineken. “This recognition reflects the dedication and innovation of our Software Asset Management team at Heineken, and the strong partnership we’ve built with Flexera. Thank you for supporting our journey toward a smarter, more efficient and innovative software landscape.”
This year’s winners and honorable mentions are:
Breakthrough of the Year: Recognizing the submission that redefined what’s possible through innovation, intelligence, and measurable impact.
Impact of the Year: Recognizing an organization that has achieved significant, business-wide impact using any Flexera solution—or a combination of multiple solutions.
Innovation of the Year: Recognizing organizations that have used Flexera solutions in a new or creative way to solve a problem.
ITAM Excellence: Recognizing outstanding achievement in ITAM using Flexera One ITAM or SAM on Snow Atlas.
SaaS Management Excellence: Recognizing organizations that have successfully optimized SaaS management using Flexera One SaaS Manager or Snow SaaS Management.
FinOps Excellence: Recognizing organizations leading the way in FinOps by maximizing ROI from cloud spend.Technology for Good: Recognizes organizations that leverage Flexera’s technology solutions to drive social or environmental impact.
Rookie of the Year: Recognizes a new Flexera customer that has successfully implemented any Flexera solutions in the past year (starting May 2024).This year’s awards were evaluated by an independent panel of industry analysts and practitioners, which included:
Winners were selected based on the quality and clarity of their submissions, tangible metrics demonstrating success, and measurable business outcomes. The 2025 Technology Intelligence Awards recognize fifteen customers from the US, UK, Switzerland, Kenya, Turkey, India and Australia.
For more information on the award winners and categories, please visit: https://www.flexera.com/customer-success/awards.
Follow Flexera
About Flexera
Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.
For more information, contact:
Ciri Haugh
Flexera
publicrelations@flexera.com -
MIL-OSI Submissions: There are many things American voters agree on, from fears about technology to threats to democracy
Source: The Conversation – UK – By Emma Connolly, Research Fellow, Digital Speech Lab, UCL
During his recent public spat with Donald Trump, Elon Musk tweeted a poll asking if a new political party would better represent the 80% of voters in the middle. Hundreds of thousands of people responded and more than 80% answered “yes”.
The middle is still overlooked in US politics. This is because there is a perception that Republicans and Democrats have nothing in common, and therefore no issue will win support from both centrist Republicans and Democrats.
Polarisation is problematic as it is linked to “democratic backsliding” – the use of underhand tactics in political processes. Worst of all, it poses a threat to democracy.
Many think that polarisation is fuelled by echo chambers created on social media platforms. These only expose people to beliefs similar to their own.
However, I study how narratives emerge on social media, and ways to investigate them. My work has two aims: first, to identify political issues that are likely to cross party lines, and a wider goal of exploring the role of social media in mitigating, rather than exacerbating, levels of polarisation.
Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.
Earlier this year, for example, I sorted through 12,000 posts from Republican and Democrat voters on subreddits (online forums discussing specific topics). Using a technique I developed in my PhD research, I analysed attitudes to contested political issues around the time of Trump’s inauguration. Like other researchers, I am finding that there are things both sides often agree on, and that not every issue splits neatly across party lines.
Pew Research shows what Democrats and Republicans agree on. Although it’s a complex topic, people from both parties are worried about levels of free speech on social media. According to my work and other sources, some Democrats accuse TikTok of censoring hashtags such as #FreeLuigi (a reference to Luigi Mangione, accused of murdering UnitedHealthcare CEO, Brian Thompson).
Meanwhile, some Republicans are saying they are flooded with what they see as left-wing content pushed by the algorithms. Despite their differences, Republicans and Democrats agree that social media platforms need to be more transparent about the way they work.
Both sides worry about the rise of authoritarianism and the growing negative influence of artificial intelligence in shaping the US’s future. There is a sense among some members of the two parties that the real enemies aren’t each other, but powerful corporations who hold too much power.
People on both sides of the political divide can be distrustful of tech companies and big businesses, where billionaires have power regardless of who’s in charge. Divisions of “up v down” could be alternatives to seeing divisions as “left v right”.
Some people are worried about the creation of a massive database of citizens’ details, and how their details could be used, or abused. Recently Republican Marjorie Taylor Greene said she would have opposed Trump’s “big, beautiful, bill”, had she read the AI clause thoroughly. The clause stops states from passing laws to regulate AI systems for the next ten years.
What do people agree on?
On the topic of protecting democracy, there are some suggestions that many Republicans and Democrats agree this is important, and under threat. In my study, some Republican and Democrat voters object to the possibility of Trump having a third term, aligning with the findings of several recent polls on the subject, and even among Trump’s most loyal support groups.
Both Republicans and Democrats want “the best” leaders who could get things done fast and efficiently. But it would appear that people on both sides are concerned about the “slash-and-burn” way that Doge (the Department for Government Efficiency, the new agency tasked with cutting federal spending) is working.
Also, deciding who is the best leader isn’t always about agreeing with specific policies. Instead, it’s about delivering decisive, efficient action. Even Republicans who don’t back everything Trump is doing say that at least he is doing something, especially in relation to immigration.
Many Republicans criticise the left, and former Democratic presidential candidate Kamala Harris in particular, but for unclear messaging, as much as any one policy. They (and others) put her loss down to a lack of direction and clarity on key issues (among other things). This probably resulted in failing to win votes from independents and moderate Republicans and many Democrats are frustrated that the party still hasn’t addressed this.
Research suggests that Democrat and Republican voters often agree that polarisation causes gridlock and prevents progress, but believe voices from the middle are not being heard. Some Republicans and Democrats also share a concern that both parties are more focused on fighting each other than on solving problems, with 86% of Americans believing this.
Some Republican voters in the posts I am analysing suggest that working together to get things done would be positive, supporting findings from the US and abroad. Other important factors rather than political party, such as religion or family or everyday life experiences can bring people from both sides together.
So, Americans might not be as divided as one might think. Levels of polarisation feel high but this could be skewed by the extreme views of a minority on both sides. And it isn’t helped by some sensationalist media reporting.
Lots of people get their news from social media platforms which reward and monetise engagement. Posts that fuel division are often the most visible, but they rarely tell the whole story. Divisive views are also often shared by those who are themselves the most polarised.
Like Musk’s online poll, research is starting to suggest that there is still a sizeable moderate middle in the US today who are open to compromise through clear messaging. These voters can make all the difference, especially if parties can frame issues in ways that appeal across the divide. With the 2026 midterm elections on the horizon, both sides might want to listen to them more.
Emma Connolly 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. There are many things American voters agree on, from fears about technology to threats to democracy – https://theconversation.com/there-are-many-things-american-voters-agree-on-from-fears-about-technology-to-threats-to-democracy-258440
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MIL-OSI: Leadership Transition at WorldTrips
Source: GlobeNewswire (MIL-OSI)
HOUSTON, July 08, 2025 (GLOBE NEWSWIRE) —
Tokio Marine HCC, based in Houston, Texas, today announced a key leadership transition, effective July 1, 2025, at its travel-focused subsidiary, WorldTrips, a leading provider of travel insurance located in Carmel, Indiana.After years of dedicated service and transformational leadership, Mark Carney will transition from his role as CEO of WorldTrips to become its Chairman, where he will continue to shape the company’s strategic direction and support long-term growth initiatives.
At the same time, Philip Hsia has been appointed CEO of WorldTrips. A proven leader with deep global experience, Hsia has led Tokio Marine HCC’s Global Travel Group, including oversight responsibility of WorldTrips, since 2018. He has been an integral part of the organization’s success and is well-positioned to lead the company through its next phase of innovation and expansion.
Susan Rivera, Tokio Marine HCC’s CEO, shared the following statement:
“Mark’s leadership has been foundational to the growth and resilience of WorldTrips. Under his guidance, the company navigated unprecedented challenges, including the global pandemic, and recently completed launching our Cayman Islands insurance operation, positioning WorldTrips for greater flexibility and future scalability.
I am deeply grateful for Mark’s continued commitment in his new role as Chairman. His focus on long-term strategy and leadership development will remain a vital part of WorldTrips’ ongoing success.
I’m equally excited to welcome Philip Hsia as the next CEO of WorldTrips. Phil brings proven strategic and managerial expertise with a global perspective. He has our full confidence and support as he steps into this role.”
The transition follows a strategic succession planning process initiated earlier this year. With the foundation in place, including a broadened product portfolio and enhanced operational agility, WorldTrips is primed to accelerate its mission of helping travelers explore the world with confidence.
“WorldTrips is entering an exciting new chapter,” added Rivera. “With Mark and Phil in their new roles, I am confident the company will continue to lead with purpose, innovation and a deep commitment to serving customers around the globe.”
About Tokio Marine HCC
Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.About WorldTrips
WorldTrips, located in Carmel, Indiana, is a full-service organization offering a comprehensive portfolio of travel medical and trip protection insurance products designed to address the insurance needs of travelers worldwide. WorldTrips is a member of the Tokio Marine HCC group of companies. For more information about WorldTrips, please visit WorldTrips.com.In the State of California, operating as WorldTrips Insurance Services. California Non-Resident Producer License Number: 0G39705.
Contact: Doug Busker, Vice President – Public Relations Tokio Marine HCC 713-996-1192 -
MIL-OSI: The world’s leading cloud mining brand: BJMining launches a new cloud mining guide
Source: GlobeNewswire (MIL-OSI)
London, UK, July 08, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin stabilizes above $108,000, the entire crypto market is showing a positive recovery trend. Data shows that global investors are gradually shifting from high-risk, high-volatility cryptocurrency speculation to a more sustainable, low-threshold long-term mining income model. As the world’s leading green cloud mining platform, BJMining is taking advantage of the opportunity to launch a new user guide to help ordinary users easily open a new era of passive income from digital assets.
What is BJMining?
Founded in 2015, BJMining is a global intelligent cloud mining platform headquartered in the UK. The platform is committed to transforming the traditional complex mining machine construction into a one-stop cloud service, and through AI scheduling system and green energy mines, it provides safe, convenient and high-yield mining solutions for more than 5 million users worldwide.
BJMining CEO: “Turning mining into a daily income tool for people around the world”
William Thomas, CEO of BJMining, said: “Cloud mining should no longer be exclusive to the technical elite. Our mission is to create a safe, green, barrier-free long-term income solution for users around the world. The launch of this new guide will further lower the threshold for user participation and help everyone enjoy the dividends of the digital economy.”
Six core highlights: How BJMining redefines the “mining experience”
- Register now to enjoy $15 cloud newcomer bonus, truly zero-cost trial mining:
Users can get a $15 new member reward by registering. They can receive $0.6 in income every day without recharging, and easily experience the real mining process. - AI intelligently allocates the best-yield mining machine, no operation required:
The AI algorithm independently developed by the platform will automatically analyze the real-time currency price, difficulty, and popularity, and dynamically switch to mining assets with the best returns, covering BTC, DOGE, ETH, LTC and other currencies. - Global green energy layout to achieve 100% carbon neutrality:
BJMining has deployed multiple solar- and wind-powered data centers in North America, Europe, Latin America, and the Middle East. All mining machines are powered by renewable energy, ensuring both environmental protection and high efficiency. - Diversified contracts can be freely configured to meet different user strategies:
The platform contracts range from short-term contracts of 2 days to long-term contracts of 45 days, which can meet the diverse needs of miners from novices to experienced miners. Users can combine their positions at any time to optimize the mining income structure. - Powerful App management system, income withdrawals are instantly credited to your account:
BJMining App is now available on both iOS and Android platforms, supporting real-time contract tracking, wallet binding and one-click withdrawal of earnings, with an average withdrawal time of less than 60 seconds. - High referral rewards:
3% for direct referrals and 2% for indirect referrals, with no upper limit on earnings.
Investor behavior changes: from cryptocurrency speculation to stable mining
More and more long-term holders of XRP, SOL, ETH, etc. have begun to abandon high-volatility intraday operations and instead choose low-intervention, continuous-yield cloud mining platforms like BJMining as the core way to preserve and increase the value of their assets.
User feedback shows that BJMining’s medium- and long-term contracts can bring stable returns of up to thousands of dollars per day, especially when the currency price fluctuates or goes sideways, showing strong risk resistance.
Some of the hot-selling contracts are as follows:
- WhatsMiner M50S+：Invest $100 for 2 days, total net income is $106;
- WhatsMiner M60S++：Invest $600 for 7 days, total net income is $652.50;
- Avalon Miner A1566：Invest $1200 for 15 days, total net income is $1434;
- WhatsMiner M66S+：Invest $5800 for 30 days, total net income is $8410;
- Antminer L7：Invest $12000 for 40 days, total net income is $20160;
- Antminer S21e XP Hyd：Invest $27000 for 45 days, total net income is $48870;
(All contracts are automatically scheduled by AI, settled daily, and can be flexibly withdrawn)
Global layout upgraded again, future development blueprint exposed
In order to serve more users, BJMining will launch the following strategic modules:
- XRP chain-specific smart mining contracts and cross-chain mining machine adaptation technology
- Green computing power NFT certification system, showing carbon neutrality footprint online
- Multi-currency stable income pool, integrating DOGE, BTC, and XRP for joint mining
- Web3 wallet one-click binding mechanism improves user on-chain asset management experience
Conclusion:
As a global green and compliant cloud mining brand, BJMining not only provides new users with a $15 new user bonus, but also opens a new path to financial freedom for everyone in the world. No equipment, no professional knowledge, no need to deal with the drastic fluctuations in the currency market, truly realizing “passive income in the cloud”.
Register a BJMining account now, receive a $15 new member reward, and start your own mining journey!
Official website address: https://bjmining.com
Official email: info@bjmining.comLegal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
- Register now to enjoy $15 cloud newcomer bonus, truly zero-cost trial mining:
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MIL-OSI Russia: Shanghai Welcomes Pushkin: Special Exhibition Introduces Chinese to Russian Poet
Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People’s Republic of China – State Council News
SHANGHAI, July 8 (Xinhua) — A special exhibition titled “Great Poet, Pride of the Nation – A.S. Pushkin and Eastern Repercussions” opened at the China Printing and Publishing Museum in Shanghai on Monday.
The event presents more than one hundred exhibits from the collection of the All-Russian Museum of A.S. Pushkin, which provide a comprehensive overview of the creative path of Alexander Pushkin and the dissemination of his works in China over more than 100 years. Many of them were imported to China for the first time and shown to the country’s residents.
The exhibition consists of three parts dedicated to the poet’s biography, his classical works, and his connection with China. Pushkin’s study in the Mikhailovskoye estate, where the Russian poet created the historical drama “Boris Godunov” and other famous lyric poems, was recreated on site.
The exhibition also features valuable works of art created by Russian artists from the late 19th to the early 21st century, such as Ilya Repin’s painting “The Duel of Onegin and Lensky,” Alexander Benois’s illustrations for “The Bronze Horseman,” and Vladimir Favorsky’s illustrations for “Boris Godunov.”
In addition, the exhibition pays great attention to the dissemination of the Russian poet’s works and their influence in China, and presents rich literary sources, including a copy of the Shiu Bao newspaper, in which, as is known, A.S. Pushkin was first mentioned in China.
At the same time, the exhibition also displays manuscripts and personal collections of Chinese translators, which have become important evidence of Sino-Russian literary exchanges. Among them are works and translations by Ge Baoquan, Wang Zhiliang, Feng Chun, as well as the Pushkin Medal awarded to Liu Wenfei and his award certificate.
Museum visitors can use an interactive device to receive commemorative postcards printed with poems such as “If Life Deceives You…,” translated by Ge Baoquan, Feng Chun and Liu Wenfei.
The exhibition opened to the public on Tuesday and runs until October 9.
Shanghai has an inseparable connection with Pushkin. Let us recall that at the beginning of the 20th century, Pushkin’s novel “The Captain’s Daughter” was translated into Chinese and published in Shanghai. This novel became the first work of Russian literature translated into Chinese and published as a separate book, which, according to some scholars, marked the beginning of the translation and dissemination of Russian literature in China.
Moreover, in one of the squares of the Chinese metropolis there is a monument to the great Russian poet, which was originally erected in early February 1937, restored in February 1947 and reconstructed in August 1987. -0-
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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MIL-OSI: Bell Wealth Partners Launches with Support of LPL Strategic Wealth Services
Source: GlobeNewswire (MIL-OSI)
SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that father and son financial advisors Robert Bell, II, AIF®, and Keegan Bell, AIF®, AAMS®, have launched a new independent practice, Bell Wealth Partners, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services. The team reported serving approximately $450 million in advisory, brokerage and retirement plan assets* and joins LPL from Raymond James.
Headquartered in Fairbanks, Alaska with an additional office in Medford, Ore., the ensemble practice has developed a strong reputation over the years for providing holistic experiences and personalized services to address each aspect of a client’s financial life. The Bells are managing partners of the firm and are joined by fellow advisor Tom Cook and client associates Renee Schoettle, Margarita Duran-Espino, Jamie Walker and Kirsten Bell, Robert’s wife.
“We are all deeply invested in helping our clients work toward their financial goals,” Robert said. “We take the time to get to know each client on a personal level to better understand their financial aspirations, and we work with their accountants and attorneys to create a customized plan that is right for them. It’s our goal to help clients have happy, fulfilled lives, and we consider it our privilege and responsibility to help them with that.”
Why they made the move to LPL Financial
The transition to LPL Financial is underpinned by the team’s aspiration to augment client experiences and cater to the next generation of wealth.
“We’re moving to LPL so we can add more value to the client experience as we seek new ways to go above and beyond,” Keegan said. “We want to be a one-stop shop—a center to help with a clients’ entire financial situation. This move allows us to really increase that value add and better take care of them, not just for them but for the next generation of wealth and the transfer to their beneficiaries.”
The team was drawn to LPL’s comprehensive supported independence solution, LPL Strategic Wealth Services (SW), which combines the freedom and flexibility of entrepreneurship with hands-on business services and support to help practices thrive, both operationally and strategically. In addition to having access to LPL’s innovative wealth management platform and sophisticated resources, SW advisors benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice. Then, after the transition is complete, SW teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact, a dedicated team and priority access to advocacy and project management for complex business issues, ultimately allowing them to stay focused on the enduring needs of their clients and the culture and evolution of their practice.
“Strategic Wealth Services was truly a differentiating factor in our decision to move,” Robert said. “We are joining a very niche group at LPL, which allows us to collaborate with others in the model and access a team of specialists, including high-net-worth and trust consultants. This move enables us to add an extra layer of planning and ensure we’re not just taking care of clients now, but their beneficiaries as well.”
Scott Posner, LPL Managing Director, Business Development, said, “We welcome Robert, Keegan, Tom, Renee, Margarita, Jamie and Kirsten to the LPL community and congratulate them on going independent with LPL Strategic Wealth. Just as the Bell Wealth Partners team is committed to helping their clients work toward their fiscal goals, LPL provides advisors with innovative technology and sophisticated capabilities to help them provide an elevated client experience. We look forward to supporting Bell Wealth Partners for years to come.”
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Advisors, learn how LPL Financial can help take your business to the next level.
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial. Bell Wealth Partners and LPL are separate entities.
We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2024.
Media Contact:
Media.relations@LPLFinancial.comTracking #760446
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MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies
Source: GlobeNewswire (MIL-OSI)
PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).
Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”
Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies
- Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
- Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
- Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile
— Oncolytics Biotech ® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.
“We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”
Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…
…Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.
“Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED… Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/
Other recent oncology developments in the biotech industry of note include:
Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).
The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.
Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.
“The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”
Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.
“We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”
AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).
The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.
In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.
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DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty nine hundred dollars for news coverage of the current press releases issued by Oncolytics Biotech® Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
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SOURCE: FN Media Group
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MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies
Source: GlobeNewswire (MIL-OSI)
PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).
Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”
Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies
- Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
- Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
- Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile
— Oncolytics Biotech ® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.
“We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”
Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…
…Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.
“Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED… Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/
Other recent oncology developments in the biotech industry of note include:
Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).
The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.
Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.
“The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”
Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.
“We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”
AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).
The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.
In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.
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DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty nine hundred dollars for news coverage of the current press releases issued by Oncolytics Biotech® Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Contact Information:
Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757
SOURCE: FN Media Group
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MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.
This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.
Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.Company Contact:
Email: ir@primech.com.sgInvestor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com -
MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.
This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.
Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.Company Contact:
Email: ir@primech.com.sgInvestor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com -
MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.
This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.
Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.Company Contact:
Email: ir@primech.com.sgInvestor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com -
MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.
This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.
Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”
About Primech Holdings Limited
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.Company Contact:
Email: ir@primech.com.sgInvestor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com -
MIL-OSI: Xsolis’ AI-Driven Solution, New Features Evaluated in KLAS Second Look Report
Source: GlobeNewswire (MIL-OSI)
FRANKLIN, Tenn., July 08, 2025 (GLOBE NEWSWIRE) — Xsolis, an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers, was featured today in the KLAS Second Look Report, “Xsolis Platform 2025: Improving Utilization Management, Length of Stay & Denial Performance Through AI-Driven Offerings in the Mid-Revenue Cycle.” The KLAS Second Look Report focuses on how the customer experience has changed over the past four years, including as a result of enhancements made available within Dragonfly, the next generation of the company’s AI-driven platform.
KLAS is an independent research organization that helps healthcare providers make informed technology decisions by offering accurate, honest, and impartial vendor performance information. KLAS interviewed Xsolis clients in early 2025 for a second look, and reports the following anonymized key findings:
- Respondents report satisfaction within the Key Performance Indicators:
- Supports integration goals
- Product has needed functionality (delivers solutions as expected)
- Executive involvement
- Likely to recommend
- 89% of KLAS-surveyed customers report using Xsolis’ AI technology to minimize preventable denials
- 91% of respondents say they are Satisfied or Highly Satisfied with Overall Performance
- 88% of respondents say they saw outcomes Immediately, Within 6 Months, or Within 6-12 Months
- 78% engage in payer-provider communications through the Dragonfly platform
- Respondents who have been on Xsolis’ AI-driven platform for more than one year report excitement about new updates and functionalities that are being offered as a result of Dragonfly
- Respondents report the top reasons they selected the Xsolis platform as: advanced AI technology, excellent customer service, seamless EHR integration, and positive references
- Respondents say the Xsolis platform has reduced the length of patient stays, saved on costs, and improved observation rates and denials rates
“What has changed with our most recent KLAS survey effort is our expanded footprint and the problems Xsolis solves, including optimizing length-of-stay and increasing payer-provider collaboration, which have been critical in bringing relief to our clients,” said Joan Butters, CEO and co-founder of Xsolis. “As we enhance our solutions to deliver frictionless healthcare in meaningful, new ways for our clients, it is both validating and informative to learn their feedback as we continue to meet their evolving needs.”
A Kaiser Family Foundation survey from 2023 revealed claims denials are up, with nearly one in five adults experiencing health insurance claim denials in the previous year. Adjudicating denials costs just under $20 billion a year, and around half of denials are ultimately overturned — a costly problem that can be improved with tools that accelerate payer-provider alignment. Late 2024 marked an inflection point for payer-provider friction and how it affects the patient experience, accelerating the need for transparency and reform.
Xsolis was featured in a KLAS Top 20 Emerging Solutions Report and as one of the top five solutions for reducing the cost of care in 2022 and was listed in 2025 as No. 1 Best in KLAS for Physician Advisory Services for the fourth year. A payer client’s and provider client’s use of Xsolis’ shared platform was recognized in a 2023 KLAS Points of Light Case Study, which highlights successful payer-provider initiatives that lead to an improved patient experience.
As a pioneer in the practical, effective application of AI in healthcare, Xsolis has been helping its clients make more informed medical necessity decisions during utilization reviews since 2013. Dragonfly represents the next generation of the company’s AI-driven platform and was launched in late 2024. The platform is powered by Predictive AI models, offers new Generative AI tools, and can be augmented with advanced analytic packages such as Navigate to reduce length of stay or Revenue Integrity Insights. Xsolis also offers Denials Management Services and Physician Advisory Services. To date, Xsolis’ solutions are used in more than 500 hospitals nationwide, with two-thirds having shared AI platform access with their networked health plans.
To learn more about Xsolis, please visit: www.xsolis.com
Download the KLAS Second Look Report here: https://www.xsolis.com/2025-klas-second-look-report/
KLAS subscribers can access the report here: https://klasresearch.com/report/xsolis-platform-2025-improving-utilization-management-length-of-stay-and-denial-performance-through-ai-driven-offerings-in-the-mid-revenue-cycle/3746
About Xsolis
Xsolis is an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers. Dragonfly®, its AI-driven proprietary platform, is the first and only solution to use real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient, enabling more efficiency across the healthcare system. Xsolis is headquartered in Franklin, Tennessee. For more information, visit www.xsolis.com.About KLAS
KLAS is a research and insights firm on a global mission to improve healthcare. Working with thousands of healthcare professionals and clinicians, KLAS gathers data and insights on software and services to deliver timely reports and performance data that represent provider and payer voices and act as catalysts for improving vendor performance. The KLAS research team publishes reports covering the most pressing questions facing healthcare technology today, including emerging technology insights, that provide early insights on the future of healthcare technology solutions. KLAS also fosters measurement and collaboration between healthcare providers and payers and best practice adoption. Learn more at klasresearch.com. - Respondents report satisfaction within the Key Performance Indicators:
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MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations
Source: GlobeNewswire (MIL-OSI)
This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios
SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.
The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.
“Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”
Key Highlights from the Midyear Outlook 2025
- Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
- The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
- Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
- Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.
“There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”
Important Disclosures
Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.
The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.
Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.
All indexes are unmanaged and cannot be invested into directly.
All performance referenced is historical and is not a guarantee of future results.
Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
Media Contact:
Media.relations@LPLFinancial.com
(402) 740-2047Tracking #: 763507
-
MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations
Source: GlobeNewswire (MIL-OSI)
This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios
SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.
The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.
“Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”
Key Highlights from the Midyear Outlook 2025
- Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
- The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
- Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
- Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.
“There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”
Important Disclosures
Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.
The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.
Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.
All indexes are unmanaged and cannot be invested into directly.
All performance referenced is historical and is not a guarantee of future results.
Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
Media Contact:
Media.relations@LPLFinancial.com
(402) 740-2047Tracking #: 763507