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Category: Artificial Intelligence

  • MIL-OSI: AAC Clyde Space to Present at the AI & Technology Virtual Investor Conference July 10th

    Source: GlobeNewswire (MIL-OSI)

    UPPSALA, Sweden, July 08, 2025 (GLOBE NEWSWIRE) — AAC Clyde Space (OTC: ACCMF), based in Uppsala, Sweden, focused on small satellite technologies and services that help governments, businesses and institutions access high-quality data from space, today announced that Luis Gomes, CEO, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 10, 2025.

    DATE: July 10th
    TIME: 10:30 AM ET
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at virtualinvestorconferences.com.

    Recent Company Highlights

    • 30 June: AAC Clyde Space has resolved to carry out a directed share issue amounting to approximately SEK 64.5 million
    • 18 June: AAC Clyde Space wins strategic order for first phase of ESA-backed satellite swarm mission
    • 23 May: Major General Lars-Olof Corneliusson elected to the Board of Directors of AAC Clyde Space

    About AAC Clyde Space
    AAC Clyde Space provides small satellite technologies and services that help governments, businesses and institutions access high-quality data from space. Covering satellite components, mission services and space-based data delivery, the company offers end-to-end solutions that turn space-based intelligence into real-world impact. Applications include weather monitoring, maritime safety, security and defence, agriculture and forestry.
    AAC Clyde Space is headquartered in Uppsala, Sweden, with main operations also in the UK, Netherlands, South Africa and the USA. The company’s shares are traded on Nasdaq First North Premier Growth Market in Stockholm (Ticker: AAC) and on the US OTCQX Market (Symbol: ACCMF). The Company’s Certified Adviser is DNB Carnegie Investment Bank AB.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    AAC Clyde Space
    Håkan Tribell
    Director of Communications
    +46 707 230 382
    investor@aac-clydespace.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: AI & Technology Virtual Investor Conference Agenda Announced for July 10th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the AI & Technology Virtual Investor Conference July 10.

    Individual investors, institutional investors, advisors, and analysts are invited to attend.

    REGISTER HERE

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

    “Technology and AI companies are transforming how industries operate; and access to capital is critical to support that momentum,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “Our Virtual Investor Conferences connect innovative companies with engaged investors in a format that’s built for meaningful interaction. We’re proud to power visibility and engagement for this dynamic sector.”

    July 10th

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

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

    Virtual Investor Conferences Contact:
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: AI & Technology Virtual Investor Conference Agenda Announced for July 10th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the AI & Technology Virtual Investor Conference July 10.

    Individual investors, institutional investors, advisors, and analysts are invited to attend.

    REGISTER HERE

    It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

    “Technology and AI companies are transforming how industries operate; and access to capital is critical to support that momentum,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “Our Virtual Investor Conferences connect innovative companies with engaged investors in a format that’s built for meaningful interaction. We’re proud to power visibility and engagement for this dynamic sector.”

    July 10th

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

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

    Virtual Investor Conferences Contact:
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: BTCS Inc. Announces Intent to Raise $100 Million for Strategic Ethereum Acquisition Using DeFi/TradFi Flywheel

    Source: GlobeNewswire (MIL-OSI)

    Silver Spring, MD, July 08, 2025 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”) short for Blockchain Technology Consensus Solutions, a blockchain technology-focused company, today announced its strategic intent to raise $100 million in 2025 to acquire Ethereum. This initiative is part of the Company’s long-term vision to build the leading publicly traded company focused on Ethereum infrastructure while remaining one of the largest holders of ETH among public companies.

    “We believe that Ethereum has significant growth potential and is central to the future digital financial infrastructure. Now, with Ethereum at 2021 price levels, is the time to deepen our exposure,” said Charles Allen, CEO of BTCS. “Our approach to capital formation has been – and continues to be – designed to minimize dilution, maximize flexibility, and align with our commitment to sound financial management for the protection of our shareholders.”

    This initiative represents a transformative expansion of BTCS’s Ethereum-first strategy, leveraging a cutting-edge financing model that combines both decentralized finance (“DeFi”) and traditional finance (“TradFi”) mechanisms. The planned capital raises1 will be structured through a sophisticated DeFi/TradFi accretion flywheel consisting of At-The-Market (“ATM”) equity sales, convertible debt issuance, on-chain borrowing via Aave, yield generated from NodeOps (staking Ethereum), and vertical integration with Builder+ (block building), one of the most advanced opportunities for driving revenue and increasing ETH per share while minimizing dilution.

    Key principles of the DeFi/TradFi Strategy

    Subject to market conditions, the Company intends to raise funds to acquire Ethereum on a rolling basis, with a targeted emphasis on maximizing capital efficiency. BTCS plans to adhere to a strict net asset value (“NAV”) leverage cap of up to 40% at the time of each financing, covering its combined exposure to convertible debt and Aave borrowings, to ensure a conservative and sustainable balance sheet. The strategy includes:

    • ATM Equity Sales: Opportunistic issuance through the Company’s existing ATM program, designed to access equity markets efficiently and transparently. This would utilize BTCS’s current $250 million shelf registration to the extent it is not restricted by baby shelf limitations.
    • Convertible Debt: Opportunistic use of the previously announced convertible debt arrangement with ATW Partners LLC (“ATW”), which BTCS may utilize upon mutual agreement with ATW, provided it represents the lowest cost of capital. This arrangement, which forms part of BTCS’s broader capital strategy, is designed to provide access to funding while minimizing shareholder dilution.
    • DeFi Borrowing via Aave: Continuing to borrow stablecoins from Aave using ETH as collateral. This structure operates as a perpetual loan, carrying no associated banking or underwriting fees. The current net annual cost of capital remains extremely favorable at around 3%, with no shareholder dilution. This structure can be implemented in minutes, is highly scalable, and provides a flexible mechanism for rapid growth.

    This innovative mix of financing is designed to achieve the least dilutive cost of capital while expanding the Company’s Ethereum holdings in a responsible and forward-looking manner, with the goal of increasing its ETH per share and simultaneously driving revenue growth.

    A New Frontier in Crypto Capital Formation

    By utilizing both decentralized and institutional capital markets, BTCS aims to set a precedent for how public blockchain companies can bridge DeFi and TradFi to create shareholder value and foster trust in programmable financial systems.

    “We’re engineering a capital structure that mirrors the ethos of crypto itself—efficient, transparent, and decentralized,” said Allen. “With 20 years of capital markets experience and 10 years at the forefront of crypto, BTCS is uniquely positioned to lead in this new paradigm. With a new crypto-friendly administration and increased institutional interest in Ethereum, now is the time to rapidly scale our operations.”

    The chart below illustrates the history of BTCS’s ETH accumulation over the last 5 years:

    The Company plans to provide additional updates, in accordance with its disclosure obligations under securities laws, regarding the specific timelines, instruments, and market conditions as part of its regular investor communications.

    About BTCS:

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

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release, constitute “forward-looking statements” within Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding plans to raise $100 million in 2025, Ethereum’s growth potential, plans for capital raises and limiting our NAV leverage cap and rapidly increasing the Company’s ETH per share and simultaneously driving revenue growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation market conditions, regulatory issues and requirements, unexpected issues with Builder+, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events or otherwise, except as required by law.

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

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

    1 Subject to regulatory approval and market conditions.

    The MIL Network –

    July 9, 2025
  • MIL-OSI: BTCS Inc. Announces Intent to Raise $100 Million for Strategic Ethereum Acquisition Using DeFi/TradFi Flywheel

    Source: GlobeNewswire (MIL-OSI)

    Silver Spring, MD, July 08, 2025 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”) short for Blockchain Technology Consensus Solutions, a blockchain technology-focused company, today announced its strategic intent to raise $100 million in 2025 to acquire Ethereum. This initiative is part of the Company’s long-term vision to build the leading publicly traded company focused on Ethereum infrastructure while remaining one of the largest holders of ETH among public companies.

    “We believe that Ethereum has significant growth potential and is central to the future digital financial infrastructure. Now, with Ethereum at 2021 price levels, is the time to deepen our exposure,” said Charles Allen, CEO of BTCS. “Our approach to capital formation has been – and continues to be – designed to minimize dilution, maximize flexibility, and align with our commitment to sound financial management for the protection of our shareholders.”

    This initiative represents a transformative expansion of BTCS’s Ethereum-first strategy, leveraging a cutting-edge financing model that combines both decentralized finance (“DeFi”) and traditional finance (“TradFi”) mechanisms. The planned capital raises1 will be structured through a sophisticated DeFi/TradFi accretion flywheel consisting of At-The-Market (“ATM”) equity sales, convertible debt issuance, on-chain borrowing via Aave, yield generated from NodeOps (staking Ethereum), and vertical integration with Builder+ (block building), one of the most advanced opportunities for driving revenue and increasing ETH per share while minimizing dilution.

    Key principles of the DeFi/TradFi Strategy

    Subject to market conditions, the Company intends to raise funds to acquire Ethereum on a rolling basis, with a targeted emphasis on maximizing capital efficiency. BTCS plans to adhere to a strict net asset value (“NAV”) leverage cap of up to 40% at the time of each financing, covering its combined exposure to convertible debt and Aave borrowings, to ensure a conservative and sustainable balance sheet. The strategy includes:

    • ATM Equity Sales: Opportunistic issuance through the Company’s existing ATM program, designed to access equity markets efficiently and transparently. This would utilize BTCS’s current $250 million shelf registration to the extent it is not restricted by baby shelf limitations.
    • Convertible Debt: Opportunistic use of the previously announced convertible debt arrangement with ATW Partners LLC (“ATW”), which BTCS may utilize upon mutual agreement with ATW, provided it represents the lowest cost of capital. This arrangement, which forms part of BTCS’s broader capital strategy, is designed to provide access to funding while minimizing shareholder dilution.
    • DeFi Borrowing via Aave: Continuing to borrow stablecoins from Aave using ETH as collateral. This structure operates as a perpetual loan, carrying no associated banking or underwriting fees. The current net annual cost of capital remains extremely favorable at around 3%, with no shareholder dilution. This structure can be implemented in minutes, is highly scalable, and provides a flexible mechanism for rapid growth.

    This innovative mix of financing is designed to achieve the least dilutive cost of capital while expanding the Company’s Ethereum holdings in a responsible and forward-looking manner, with the goal of increasing its ETH per share and simultaneously driving revenue growth.

    A New Frontier in Crypto Capital Formation

    By utilizing both decentralized and institutional capital markets, BTCS aims to set a precedent for how public blockchain companies can bridge DeFi and TradFi to create shareholder value and foster trust in programmable financial systems.

    “We’re engineering a capital structure that mirrors the ethos of crypto itself—efficient, transparent, and decentralized,” said Allen. “With 20 years of capital markets experience and 10 years at the forefront of crypto, BTCS is uniquely positioned to lead in this new paradigm. With a new crypto-friendly administration and increased institutional interest in Ethereum, now is the time to rapidly scale our operations.”

    The chart below illustrates the history of BTCS’s ETH accumulation over the last 5 years:

    The Company plans to provide additional updates, in accordance with its disclosure obligations under securities laws, regarding the specific timelines, instruments, and market conditions as part of its regular investor communications.

    About BTCS:

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

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release, constitute “forward-looking statements” within Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding plans to raise $100 million in 2025, Ethereum’s growth potential, plans for capital raises and limiting our NAV leverage cap and rapidly increasing the Company’s ETH per share and simultaneously driving revenue growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation market conditions, regulatory issues and requirements, unexpected issues with Builder+, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events or otherwise, except as required by law.

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

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

    1 Subject to regulatory approval and market conditions.

    The MIL Network –

    July 9, 2025
  • MIL-OSI Analysis: How slashing university research grants impacts Colorado’s economy and national innovation – a CU Boulder administrator explains

    Source: The Conversation – USA (2) – By Massimo Ruzzene, Vice Chancellor of Research and Innovation, University of Colorado Boulder

    Federal funding cuts to the University of Colorado Boulder have already impacted research and could cause even more harm. Glenn J. Asakawa/University of Colorado

    The Trump administration has been freezing or reducing federal grants to universities across the country.

    Over the past several months, universities have lost more than US$11 billion in funding, according to NPR. More than two dozen universities, including the University of Colorado Boulder and the University of Denver, have been affected. Research into cancer, farming solutions and climate resiliency are just a few of the many projects nationally that have seen cuts.

    The Conversation asked Massimo Ruzzene, senior vice chancellor for research and innovation at the University of Colorado Boulder, to explain how these cuts and freezes are impacting the university he works for and Colorado’s local economy.

    How important are federal funds to CU Boulder?

    Federal funding pays for approximately 70% of CU Boulder’s research each year. That’s about $495 million in the 2023-2024 fiscal year.

    The other 30% of research funding comes from a variety of sources. The second-largest is international partnerships at $127 million. Last year, CU Boulder also received $27 million in philanthropic gifts to support research and approximately $29 million from collaborations with industry.

    CU Boulder uses this money to fund research that advances fields like artificial intelligence, space exploration and planetary sciences, quantum technologies, biosciences and climate and energy.

    At CU Boulder, federal funding also supports research projects like the Dust Accelerator Laboratory that helps us understand the composition and structure of cosmic dust. This research allows scientists to reconstruct the processes that formed planets, moons and organic molecules.

    How much federal funding has CU Boulder lost?

    So far in 2025, CU Boulder has received 56 grant cancellations or stop-work orders. Those amount to approximately $30 million in lost funding. This number is not inclusive of awards that are on hold and awaiting action by the sponsor.

    This number also does not include the funds that have not been accessible due the considerable lag in funding from agencies such as the National Science Foundation and the National Institutes of Health.
    Nationwide, National Science Foundation funding has dropped by more than 50% through the end of May of this year compared to the average of the past 10 years. The university anticipates that our funding received from these agencies will drop a similar amount, but the numbers are still being collected for this year.

    What research has been impacted?

    A wide variety. To take just one example, CU Boulder’s Cooperative Institute for Research in Environmental Sciences and the Institute of Arctic and Alpine Research investigate how to monitor, predict, respond to and recover from extreme weather conditions and natural disasters.

    This research directly impacts the safety, well-being and prosperity of Colorado residents facing wildfires, droughts and floods.

    Michael Gooseff, a researcher from the College of Engineering and Applied Science, collects weather data from the McMurdo Dry Valleys in Antarctica.
    Byron Adams/University of Colorado Boulder

    Past research from these groups includes recovery efforts following the 2021 Marshall Fire in the Boulder area. Researchers collaborated with local governments and watershed groups to monitor environmental impacts and develop dashboards that detailed their findings.

    How might cuts affect Colorado’s aerospace economy?

    Colorado has more aerospace jobs per capita than any other state. The sector employs more than 55,000 people and contributes significantly to both Colorado’s economy and the national economy.

    This ecosystem encompasses research universities such as CU Boulder and Colorado-based startups like Blue Canyon Technologies and Ursa Major Technologies. It also includes established global companies like Lockheed Martin and Raytheon Technologies.

    At CU Boulder, the Laboratory for Atmospheric and Space Physics is one of the world’s premier space science research institutions. Researchers at the lab design, build and operate spacecraft and other instruments that contribute critical data. That data helps us understand Earth’s atmosphere, the Sun, planetary systems and deep space phenomena. If the projects the lab supports are cut, then it’s likely the lab will be cut as well.

    The Presidential Budget Request proposes up to 24% cuts to NASA’s annual budget. These include reductions of 47% for the Science Mission Directorate. The directorate supports more than a dozen space missions at CU Boulder. That cut could have an immediate impact on university programs of approximately $50 million.

    Scientists test the solar arrays on NASA’s Mars Atmosphere and Volatile Evolution orbiter spacecraft at Lockheed Martin’s facility near Denver.
    Photo courtesy of LASP

    One of the largest space missions CU Boulder is involved in is the Mars Atmosphere and Volatile Evolution orbiter. MAVEN, as it’s known, provides telecommunications and space weather monitoring capabilities. These are necessary to support future human and robotic missions to Mars over the next decade and beyond, a stated priority for the White House. If MAVEN were to be canceled, experts estimate that it would cost almost $1 billion to restart it.

    Have the cuts hit quantum research?

    While the federal government has identified quantum technology as a national priority, the fiscal year 2026 budget proposal only maintains existing funding levels. It does not introduce new investments or initiatives.

    I’m concerned that this stagnation, amid broader cuts to science agencies, could undermine progress in this field and undercut the training of its critical workforce. The result could be the U.S. ceding its leadership in quantum innovation to global competitors.

    Massimo Ruzzene receives funding from the National Science Foundation.

    – ref. How slashing university research grants impacts Colorado’s economy and national innovation – a CU Boulder administrator explains – https://theconversation.com/how-slashing-university-research-grants-impacts-colorados-economy-and-national-innovation-a-cu-boulder-administrator-explains-257869

    MIL OSI Analysis –

    July 9, 2025
  • MIL-OSI USA: UConn Researchers Are at the Forefront of Using AI for Weather Forecasting

    Source: US State of Connecticut

    Weather forecasting is not easy. The truth is that predicting future weather conditions over broad, or even narrow, swathes of Earth’s surface comes down to complex microphysical processes, and as College of Engineering Associate Professor and UConn Atmospheric and Air Quality Modeling Group Leader Marina Astitha puts it, nature is chaotic.

    Astitha and her research group are at the forefront of exploring ways to improve weather prediction using AI and machine learning to enhance existing physics-based models. They developed new methods for the prediction of snowfall accumulation and wind gusts associated with extreme weather events in three recent papers in the Journal of Hydrology, Artificial Intelligence for the Earth Systems, and another in the Journal of Hydrology.

    Postdoctoral researcher Ummul Khaira Ph.D. ’24 led the snowfall prediction work during her time as a Ph.D student. Ph.D candidate Israt Jahan is passionate about building models that improve predictions of damaging wind gusts from storms.

    The researchers met with UConn Today to discuss the importance and everyday applications of enhanced forecasting capabilities using these new technologies.

    Are there forecasting challenges that are unique to the Northeast?

    Astitha: There are characteristics about the Northeast that make it particularly difficult to make weather predictions for. This is especially true for winter weather because we have Nor’easters that can come from either the center of the country or from the Gulf. Some move slowly, and they are highly predictable. Some can be what we call a bomb cyclone, where they rush up here and dump a lot of snow in a small amount of time.

    For weather forecasting, we traditionally use numerical weather prediction models that are based on physics principles and have seen large improvements over the last 20-30 years. We have been running our own weather forecasting system at UConn since 2014, based on physical models. However, numerical weather prediction comes with its own challenges due to uncertainty in parameterizations that are necessary when no physical laws are known for a specific process.

    For windstorms, wind gusts specifically are a complicated variable. It’s wind, but the way we observe it and the way we model it is different.

    Can you explain more about the physics used in numerical weather prediction models?

    Astitha: Precipitation is a microscale process.  As air rises and cools, clouds form, and within those clouds, tiny cloud droplets develop through complex microphysical interactions. Over time, some of these droplets grow large enough to become raindrops or snowflakes. Once they reach a critical size, gravity causes them to fall to the ground as precipitation. This entire process is governed by microphysical processes.

    We try to predict such microphysical processes embedded in numerical weather models by solving many equations and parameterizations. These models describe our atmosphere as a 3D grid, dividing it into discrete boxes where we solve equations based on first principles (motion, thermodynamics, and more).  This approach poses a major challenge: even with increased resolution, each grid cell often represents a large volume of air, typically one to four square kilometers. Despite efforts to refine the grid, these cells still encompass vast areas, limiting the model’s ability to resolve smaller-scale processes.

    Numerical prediction is what got me here. 20 years ago, I could run a code to numerically solve physics equations of the atmosphere, and then I could tell approximately what the weather would be like the next day. That, to me, was mind-blowing!

    Once you run one deterministic model, you get one answer that the temperature is going to be, say 75 degrees tomorrow in Storrs. That’s one potential realization of the future. Models like that are not capable of giving us an exact answer, because nature is chaotic. I’ve always had the mindset of looking at multiple models to have an idea of that uncertainty and variability, and if 10 different realizations give you 74, 75, or 76 degrees, you know you’re close.

    Khaira: Few things are more humbling than a snowfall that defies prediction. My work lies in embracing that uncertainty in the chaos and building models not to promise perfection, but to offer communities and decision makers a clearer window into what might lie ahead.

    How is your recent research helping with the challenges of numerical weather prediction?

    Astitha: Imagine a Nor’easter coming our way during wintertime; they come with a lot of snow and wind. We work with the Eversource Energy Center and we’re interested not only on the scientific advancement, but also the impact and accuracy in predicting when and where that storm is going to happen in Connecticut. Weather prediction accuracy influences the estimation of impacts; for example, power outages. We might underestimate or overestimate the impact by a lot. That makes winter storms of particular interest because of the impact they have on our society, our transportation networks, and electrical power distribution networks.

    Five years ago, we decided to test whether a machine learning framework could help with wind gust and snowfall prediction. It comes with its own challenges and uncertainties, but we quickly saw that there is a lot of promise for these tools to correct errors and do better than what numerical weather prediction can do and at a fraction of the time. Machine learning and AI can help improve the analysis of wind gusts and snowfall, but these systems are not perfect either. We want to be able to better predict storms over Connecticut and the Northeast US, which is why we started this exploration with ML/AI, even though most of the research out there about how to implement AI in weather prediction is either at the global scale or much coarser resolution, but we’re getting there.

    Can you talk about the everyday impact of the research?

    Astitha: An example is when the trees are full of leaves like they are in late spring and summer, and a storm comes in with a lot of rain and intense wind. Whole trees can come down and topple the power lines, which causes many disruptions around the state.

    Our close collaboration with the Eversource Energy Center involves our immediate collaborators taking this weather prediction information and operationally predicting power outages for Connecticut and other service territories. That information can go to the utility managers, so they can prepare two to three days in advance, indicating a direct link from science and engineering to the application and to the manager.

    I understand people’s frustrations and the need for answers about weather forecasts and impacts of storms. You want to know if your family is going to be safe and if you should or should not be out during particular times of the day. We’re doing this research to improve the reliability and accuracy of weather forecasting, so communities and stakeholders are aware of what’s happening when the storm hits their area and can take appropriate actions.

    Jahan: It’s incredibly rewarding to know that my work has the potential to improve early warnings and give communities more time to prepare. By combining AI and uncertainty analysis, we’re not just making gust predictions more accurate – we are helping decision-makers plan with greater confidence.

    MIL OSI USA News –

    July 9, 2025
  • MIL-OSI USA: UConn Researchers Are at the Forefront of Using AI for Weather Forecasting

    Source: US State of Connecticut

    Weather forecasting is not easy. The truth is that predicting future weather conditions over broad, or even narrow, swathes of Earth’s surface comes down to complex microphysical processes, and as College of Engineering Associate Professor and UConn Atmospheric and Air Quality Modeling Group Leader Marina Astitha puts it, nature is chaotic.

    Astitha and her research group are at the forefront of exploring ways to improve weather prediction using AI and machine learning to enhance existing physics-based models. They developed new methods for the prediction of snowfall accumulation and wind gusts associated with extreme weather events in three recent papers in the Journal of Hydrology, Artificial Intelligence for the Earth Systems, and another in the Journal of Hydrology.

    Postdoctoral researcher Ummul Khaira Ph.D. ’24 led the snowfall prediction work during her time as a Ph.D student. Ph.D candidate Israt Jahan is passionate about building models that improve predictions of damaging wind gusts from storms.

    The researchers met with UConn Today to discuss the importance and everyday applications of enhanced forecasting capabilities using these new technologies.

    Are there forecasting challenges that are unique to the Northeast?

    Astitha: There are characteristics about the Northeast that make it particularly difficult to make weather predictions for. This is especially true for winter weather because we have Nor’easters that can come from either the center of the country or from the Gulf. Some move slowly, and they are highly predictable. Some can be what we call a bomb cyclone, where they rush up here and dump a lot of snow in a small amount of time.

    For weather forecasting, we traditionally use numerical weather prediction models that are based on physics principles and have seen large improvements over the last 20-30 years. We have been running our own weather forecasting system at UConn since 2014, based on physical models. However, numerical weather prediction comes with its own challenges due to uncertainty in parameterizations that are necessary when no physical laws are known for a specific process.

    For windstorms, wind gusts specifically are a complicated variable. It’s wind, but the way we observe it and the way we model it is different.

    Can you explain more about the physics used in numerical weather prediction models?

    Astitha: Precipitation is a microscale process.  As air rises and cools, clouds form, and within those clouds, tiny cloud droplets develop through complex microphysical interactions. Over time, some of these droplets grow large enough to become raindrops or snowflakes. Once they reach a critical size, gravity causes them to fall to the ground as precipitation. This entire process is governed by microphysical processes.

    We try to predict such microphysical processes embedded in numerical weather models by solving many equations and parameterizations. These models describe our atmosphere as a 3D grid, dividing it into discrete boxes where we solve equations based on first principles (motion, thermodynamics, and more).  This approach poses a major challenge: even with increased resolution, each grid cell often represents a large volume of air, typically one to four square kilometers. Despite efforts to refine the grid, these cells still encompass vast areas, limiting the model’s ability to resolve smaller-scale processes.

    Numerical prediction is what got me here. 20 years ago, I could run a code to numerically solve physics equations of the atmosphere, and then I could tell approximately what the weather would be like the next day. That, to me, was mind-blowing!

    Once you run one deterministic model, you get one answer that the temperature is going to be, say 75 degrees tomorrow in Storrs. That’s one potential realization of the future. Models like that are not capable of giving us an exact answer, because nature is chaotic. I’ve always had the mindset of looking at multiple models to have an idea of that uncertainty and variability, and if 10 different realizations give you 74, 75, or 76 degrees, you know you’re close.

    Khaira: Few things are more humbling than a snowfall that defies prediction. My work lies in embracing that uncertainty in the chaos and building models not to promise perfection, but to offer communities and decision makers a clearer window into what might lie ahead.

    How is your recent research helping with the challenges of numerical weather prediction?

    Astitha: Imagine a Nor’easter coming our way during wintertime; they come with a lot of snow and wind. We work with the Eversource Energy Center and we’re interested not only on the scientific advancement, but also the impact and accuracy in predicting when and where that storm is going to happen in Connecticut. Weather prediction accuracy influences the estimation of impacts; for example, power outages. We might underestimate or overestimate the impact by a lot. That makes winter storms of particular interest because of the impact they have on our society, our transportation networks, and electrical power distribution networks.

    Five years ago, we decided to test whether a machine learning framework could help with wind gust and snowfall prediction. It comes with its own challenges and uncertainties, but we quickly saw that there is a lot of promise for these tools to correct errors and do better than what numerical weather prediction can do and at a fraction of the time. Machine learning and AI can help improve the analysis of wind gusts and snowfall, but these systems are not perfect either. We want to be able to better predict storms over Connecticut and the Northeast US, which is why we started this exploration with ML/AI, even though most of the research out there about how to implement AI in weather prediction is either at the global scale or much coarser resolution, but we’re getting there.

    Can you talk about the everyday impact of the research?

    Astitha: An example is when the trees are full of leaves like they are in late spring and summer, and a storm comes in with a lot of rain and intense wind. Whole trees can come down and topple the power lines, which causes many disruptions around the state.

    Our close collaboration with the Eversource Energy Center involves our immediate collaborators taking this weather prediction information and operationally predicting power outages for Connecticut and other service territories. That information can go to the utility managers, so they can prepare two to three days in advance, indicating a direct link from science and engineering to the application and to the manager.

    I understand people’s frustrations and the need for answers about weather forecasts and impacts of storms. You want to know if your family is going to be safe and if you should or should not be out during particular times of the day. We’re doing this research to improve the reliability and accuracy of weather forecasting, so communities and stakeholders are aware of what’s happening when the storm hits their area and can take appropriate actions.

    Jahan: It’s incredibly rewarding to know that my work has the potential to improve early warnings and give communities more time to prepare. By combining AI and uncertainty analysis, we’re not just making gust predictions more accurate – we are helping decision-makers plan with greater confidence.

    MIL OSI USA News –

    July 9, 2025
  • MIL-OSI: Lucinity Achieves Microsoft Certified Software for Financial AI

    Source: GlobeNewswire (MIL-OSI)

    REYKJAVIK, Iceland, July 08, 2025 (GLOBE NEWSWIRE) — Lucinity, a leading provider of anti-financial crime software, announced today that its platform is now officially recognized as Microsoft Certified Software for Financial AI. This certification confirms that Lucinity meets Microsoft’s rigorous requirements for technical quality, security, and interoperability within the Azure ecosystem.

    The Microsoft certification process evaluated Lucinity’s architecture, security model, and interoperability. Lucinity’s infrastructure follows Azure’s best practices, ensuring that customer data is always accessed and processed through secure, access-controlled pathways. Interoperability with Microsoft environments enables institutions to easily connect existing systems and tools—such data sources or analytics platforms—with Lucinity’s software, removing integration barriers and accelerating time to value.

    “This certification reflects our commitment to helping financial institutions fight financial crime with trusted, innovative AI,” said Guðmundur Kristjánsson (GK), founder and CEO of Lucinity. “Built on Microsoft Azure, our platform has been tested, certified, and proven to meet the high standards expected by the world’s leading banks. This certification gives our customers confidence that Lucinity is secure, scalable, and ready to integrate seamlessly into their existing infrastructure.”

    Lucinity provides a complete FinCrime operating system that combines intelligent automation with core compliance capabilities. The platform includes Case Manager for unified alert and investigation workflows, Transaction Monitoring with configurable scenario detection, Customer 360 for enriched intelligence, Regulatory Reporting for efficient SAR filing, and the Luci AI Agent.

    The Luci AI Agent leverages Azure’s advanced Large Language Models in a multi-LLM framework to deliver explainable, audit-ready automation. Its AI skills—such as case summarization, money flow analysis, and adverse media search—can be easily configured via the no-code Luci Studio. These capabilities are also accessible through the Luci AI Agent plugin, which brings AI directly into familiar enterprise tools like Excel, CRM systems, and case managers without the need for complex integrations. Together, these components provide a seamless, scalable infrastructure for fighting financial crime with speed, accuracy, and confidence.

    Lucinity is also available through the Microsoft Azure Marketplace, allowing financial institutions to purchase and deploy the platform using existing cloud commitments while streamlining procurement. A recent deployment through the Marketplace with a global financial services provider—specializing in cross-border payments for millions of businesses—demonstrates Lucinity’s enterprise-ready architecture.

    With this certification, Lucinity reinforces its position as a trusted partner for financial institutions seeking intelligent, interoperable, and secure AI solutions for fighting financial crime.

    About Lucinity

    Lucinity is a Reykjavík-based software company founded in 2018. It helps banks, fintechs, and payment companies fight financial crime with greater speed and efficiency. Lucinity’s FinCrime operating system includes Case Manager, Customer 360, Transaction Monitoring, Regulatory Reporting, and the AI Agent Luci—working together to reduce investigation time from hours to minutes.

    The platform is user-friendly, configurable, and self-serve, helping compliance teams improve productivity, cut costs, and make auditable, explainable decisions. Lucinity’s customers include Visa, Trustly, Tandem Bank, Finshark, and Arion Bank. Lucinity also invests in AI innovation through Lucinity Labs, which holds patents in federated learning and PII encryption.

    Contact
    celina@lucinity.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: Nano Labs Announces Strategic Partnership with Orbiter Finance to Launch Compliant Stablecoin Cross-Chain Solution NBNB.io

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, July 08, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced a strategic partnership with Layer 2 cross-chain bridge protocol Orbiter Finance to jointly develop a compliant stablecoin distribution and exchange service across multiple networks. The service will support various compliant stablecoins, including those pegged to USD, HKD, offshore RMB.

    Leveraging Orbiter Finance’s multi-chain support capabilities alongside Nano Labs’ expertise in Web3.0, the new solution aims to provide users with low-cost, compliant cross-chain transfers and mainstream token exchanges. The initial product is expected to launch in Q4 2025, with the tentative domain name NBNB.io.

    Built on a secure and efficient cross-chain infrastructure for stablecoins, this collaboration is designed to promote the widespread adoption of compliant stablecoins across both DeFi and traditional finance sectors.

    Looking ahead, both parties plan to expand support for additional blockchains and drive adoption in institutional-grade applications.

    About Orbiter Finance

    Orbiter Finance is a leading Layer 2 cross-chain bridge protocol that has processed over USD 23 billion in transaction volume to date.

    About Nano Labs Ltd

    Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, Nano Labs has actively positioned itself in the digital assets space, adopting BNB as its primary reserve asset. It has accumulated nearly US$160 million in mainstream digital currencies including BNB and BTC, and established an integrated platform covering multiple business verticals, including HTC solutions and HPC solutions*. For more information, please visit the Company’s website at: ir.nano.cn.

    *  According to an industry report prepared by Frost & Sullivan.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

    For investor inquiries, please contact:

    Nano Labs Ltd
    ir@nano.cn

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: WILLPORT Holdings, Inc. Opens Investment Opportunity to Support the 2026 Beta Launch of WILLPORTtrust

    Source: GlobeNewswire (MIL-OSI)

    San Diego, CA, July 08, 2025 (GLOBE NEWSWIRE) — WILLPORT Holdings, Inc., a digital estate planning technology company, is now offering securities under Regulation Crowdfunding through StartEngine Primary, LLC. This offering gives the public a chance to invest in the continued development of WILLPORTtrust, a secure digital platform aimed at transforming how families plan, manage, and personalize their legacies using blockchain and AI.

    The Offering

    This Regulation Crowdfunding offering is conducted through StartEngine Primary, LLC, a registered funding portal and member of FINRA/SIPC. Investment details and required disclosures are available on the campaign page at https://www.startengine.com/offering/willport-trust.

    About WILLPORTtrust

    Set for beta launch in 2026, WILLPORTtrust is being developed in collaboration with some of the industry’s leading Trust Lawyers and Estate Planning Experts. The platform is designed to simplify and secure the creation and execution of estate plans for families including those previously underserved by the Trust and Estate Industry. https://www.youtube.com/watch?v=yOJxe4RoD_w

    Key features include:

    Time-Based Wealth Transfers – Distribute assets over time rather than in lump sums

    Legacy Messaging – Attach a voice or video message to your inheritance delivery, sent directly to the beneficiary. 

    Digital Executor Assignment – Delegate key estate responsibilities with precision

    TRUSTlocker Vault – Encrypted storage for documents such as wills, directives, and digital credentials

    Safe Key Protocol – Secure release of documents triggered by verified life events

    WILLPORTtrust seeks to modernize estate planning by offering a user-friendly experience that protects both assets and the emotional bonds behind them. The product’s success depends on a range of factors, including market reception, continued development progress, and regulatory compliance.

    To learn more or become an investor in WILLPORTtrust’s mission to democratize digital estate planning, visit https://www.startengine.com/offering/willport-trust.

    THIS REG CF OFFERING IS MADE AVAILABLE THROUGH STARTENGINE PRIMARY, LLC, MEMBER FINRA/SIPC. THIS INVESTMENT IS SPECULATIVE, ILLIQUID, AND INVOLVES A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.

    For more information, please contact:
    WILLPORT Holdings, Inc.
    1645 Village Center Circle, Suite 200
    Las Vegas, Nevada, 89134
    Tel: 855-945-5778
    service@willport.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: Silicon Motion Announces Second Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2025 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, plans to release its second quarter 2025 financial results after the market closes on July 30, 2025 and will host a conference call on July 31 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call.  

    CONFERENCE CALL DETAILS:

    Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration.

    Participant Online Registration:
    https://register-conf.media-server.com/register/BI9e8eb8a4d35743cfa957757c6a1207e2

    This call will be webcast on the Company’s website at www.siliconmotion.com.

    ABOUT SILICON MOTION:

    We are the global leader in supplying NAND flash controllers for solid state storage devices. We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications. We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.  Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs. For further information on Silicon Motion, visit us at www.siliconmotion.com.

    FORWARD-LOOKING STATEMENTS:

    This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customer’s businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customer’s business taking into account the ongoing U.S.-China tariffs and trade disputes; the uncertainties associated with any future global or regional pandemic; the continuing tensions between Taiwan and China, including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; changes in our cost of finished goods; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our board of directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2025. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this news release.

    Investor Contacts:        

    The MIL Network –

    July 9, 2025
  • MIL-OSI: RTI and Kinova Partner to Integrate Intelligent Connectivity into Medical Robotics

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 08, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the software framework company for physical AI systems, today announced its partnership with Kinova, a global leader in professional and medical robotics. This collaboration will provide seamless integration of advanced robotic technologies with data-centric connectivity to simplify and accelerate product lifecycles, reduce program risk, and redefine what is possible in a new era of physical AI in advanced systems such as surgical robotics.

    Building on the extensive experience of both companies in robotics and intelligent and distributed systems, the integration of RTI Connext® with Kinova simplifies and accelerates the design of next-generation platforms. This collaboration enables the integration of robotics into a larger digital ecosystem that integrates visualization, AI, sensing, with real-time data interoperability. Recently both RTI and Kinova were announced as participants in NVIDIA’s Isaac for Healthcare program.

    This collaboration will be on display during a joint remote teleoperation demo in booth #065 at the Surgical Robotics Society Annual Meeting in Strasbourg, France from July 16-20, 2025. Developed in collaboration with MedAcuity, the demo allows attendees to use a haptic controller to manipulate a Kinova robotic arm located 3,000 miles away.

    “This partnership reinforces our mission to accelerate the development of innovative, high-performance medical robotic systems,” said François Boucher, Vice President of Business Development at Kinova. “By combining Kinova’s expertise in surgical-grade robotics with RTI’s real-time connectivity framework, we’re enabling our customers to bring next-generation solutions to market faster and with greater confidence.”

    “Our customers are solving the incredibly complex technical challenges that live at the intersection of robotics, connectivity, and AI,” said Bob Leigh, Senior Director of Commercial Markets at RTI. “This collaboration gives them the infrastructure to focus on innovation—whether that’s enabling teleoperation, improving operational precision, or accelerating integration across diverse hardware and software environments.”

    To learn more about RTI for advanced robotics, please visit our site.

    About Kinova
    Kinova accelerates the journey to market for medical robotics companies by offering both off-the-shelf and tailored solutions for the development and production of medical-grade robotic systems. Through state-of-the-art medical arms, actuators, tool drives, and expert product development services, Kinova enables its customers to enhance their value proposition and bring innovative, high-quality solutions to life. Learn more at www.kinovarobotics.com.

    About RTI
    RTI is the software framework company for physical AI systems, with a mission to run a smarter world. RTI Connext® provides the data architecture for over 2,000 designs in Aerospace and Defense, Medtech, Automotive, and Robotics – running in more than $1T of total deployed systems worldwide. Only RTI combines decades of technical expertise with industry-leading software and tools to develop smarter systems, faster. Learn more at www.rti.com.

    Media Contacts:
    Tiffany Yang
    Public Relations, RTI

    The MIL Network –

    July 9, 2025
  • MIL-OSI: Caliber Promotes Greg James to Chief Operating Officer

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., July 08, 2025 (GLOBE NEWSWIRE) — Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, announced today that Greg James has been promoted to the company’s Chief Operating Officer. Greg joined Caliber in October 2024 as COO & Head of Hotel Asset Management and replaced Ignacio Martinez on July 7, 2025.

    “We thank Ignacio for his service. He joined Caliber at a time when building and scaling our business systems was critical,” said Chris Loeffler, CEO and Co-Founder of Caliber, “As we have made significant achievements in these areas, Caliber is now promoting Greg James from COO of Caliber Hospitality Trust & Head of Hotel Asset Management to Caliber’s new COO. In this expanded role, Greg brings a strong real estate focus on all aspects of Caliber’s acquisitions, development, and asset management services, applying his prior knowledge of running a hotel investment portfolio of over 100 assets valued at $3.5 billion across 26 states. This realignment takes full advantage of our talent, which is aligned with Caliber’s objective of the efficient use of capital and generating positive adjusted EBITDA.”

    “I am honored to step into the role of Chief Operating Officer at Caliber during such an exciting time of growth,” said Greg James Caliber’s new COO, “With Caliber’s strong foundation and talented team, I’m looking forward to building on our momentum, streamlining operations, expanding our hospitality platform, and delivering exceptional value to our investors and communities.”

    Mr. James brings over 34 years of experience in hotel operations and asset management. Prior to Caliber, he spent nearly two decades at Summit Hotel Properties [NYSE: INN], where he served as Senior Vice President of Operations overseeing revenue strategy, asset management, data analytics, PIP execution, acquisitions and dispositions, and day-to-day hotel operations. He began his career in 1991 with Marriott International, rising through the ranks and managing hotel operations at more than a dozen properties from coast to coast. Mr. James has a BA from Arizona State University.

    About Caliber (CaliberCos Inc.)

    With over $2.9 billion in Managed Assets, Caliber’s 16-year track record of managing and developing real estate is built on a singular goal: to make money in all market conditions, specializing in hospitality, multi-family residential, and multi-tenant industrial. Our growth is fueled by performance and a key competitive advantage: we invest in projects, strategies, and geographies that global real estate institutions often overlook. Integral to this advantage is our in-house shared services group, which gives Caliber greater control over our real estate and enhanced visibility into future investment opportunities. There are multiple ways to participate in Caliber’s success: invest in Nasdaq-listed CaliberCos Inc. and/or invest directly in our Private Funds.

    Forward-Looking Statements
    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the Company’s public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

    CONTACTS:
    Caliber Investor Relations:
    Ilya Grozovsky
    +1 480-214-1915
    Ilya@CaliberCo.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: Save the Date: King of the Afterparty, Dave Cantin Group, Announces the 2026 NADA Party as a “Celebration for the Industry”

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — The King of the Afterparty is back and going bigger than ever before. Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, has set Thursday, February 5th, as the date for its 2026 NADA Afterparty, promising a legendary event.

    DCG has taken over the world-famous LIV Nightclub at the Fontainebleau Hotel in Las Vegas. The private, invite-only event will be a celebration for the industry, with 1,500 guests attending from across all facets of automotive. “The automotive industry is the most dynamic and resilient industry in the world,” commented Dave Cantin Group CEO Dave Cantin. “This year, we wanted to be more inclusive and provide a place for everyone to come celebrate 2025 while we look forward to what’s ahead in 2026.”

    This year’s entertainment is still under wraps, but Dave Cantin Group will be announcing a complete lineup of talent that will perform throughout the night, including a surprise performance. For years, DCG has reigned supreme as the undisputed King of the Afterparty at NADA, the annual National Automobile Dealers Association conference, featuring speakers and acts including Almost Queen, Sugar Ray Leonard, Mike Tyson, Grant Cardone and Third Eye Blind.

    “Each year, we challenge ourselves to raise the bar, and this year, we’re going to be delivering something truly unforgettable,” DCG President Brian Gordon said. “February 5th at LIV will be more than a party; it will be a platform for the industry’s most influential people to come together and celebrate our incredible industry.”

    There’s the industry’s largest conference…and then there’s the unforgettable DCG Afterparty. Known for curating the most exclusive experience of NADA, DCG’s Afterparty is where influence meets entertainment on an invite-only experience for those shaping the future of automotive retail.

    Event Details:

    • Date: Thursday, February 5th, 2026 – Private Invite Only
    • Time: 9:00 PM – Late (early morning)
    • Venue: LIV Las Vegas Nightclub at the Fontainebleau Hotel

    Past Afterparty Highlights:

    • 2025: A mind-blowing performance by Third Eye Blind at NADA New Orleans, rated “10 out of 10, the best of NADA” by ASOTU, the go-to voice covering everything that happens on (and off) the NADA main stage.
    • 2023: VIP dinner and candid fireside chat with boxing legend Mike Tyson at NADA Dallas. Attendees called it “one of the most unexpected and unforgettable experiences in NADA history.”
    • 2022: Dubbed “The Undisputed Kings of the Afterparty” by Automotive News

    Don’t miss your chance to be part of the hottest night in the industry.

    To inquire about your exclusive table or be added to the VIP waitlist, contact your DCG advisor or email Dave Cantin Group at specialevents@davecantingroup.com.

    About Dave Cantin Group

    The Dave Cantin Group is a leading automotive M&A advisory company specializing in acquisitions, divestitures, intelligence, and other advisory services. The company is the M&A services provider of choice for North America’s top automotive dealership groups, advising on approximately 40 transactions annually. DCG is differentiated by its advisory approach, long-term lens on client relationships, and commitment to market intelligence tools that inform DCG and client strategies. In 2023, DCG became the only retail automotive M&A company with a significant strategic investor, welcoming Kaltroco to the DCG family.

    Through its M&A intelligence division, DCG produces automotive content and delivers relevant, timely marketing intelligence, including the automotive industry Market Outlook Report (MOR). Together with CBT News, DCG produces the Inside M&A studio show and podcast to share stories, news and trends impacting the retail automotive industry. DCG’s proprietary AI-enabled software, Jump IQ, anchors its advisory services that support retail automotive dealers in developing informed M&A strategies and making smarter M&A decisions.

    The company’s nonprofit initiative, DCG Giving, funds child and adolescent cancer research and treatment in communities nationwide and other worthy charitable initiatives. DCG team members regularly feature on the industry speaking circuit and are often cited by top national and global news outlets. For more information, please visit davecantingroup.com.

    Media Contact:
    Katie Merx
    katiemerx@gmail.com
    +1 313.510.5090

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8336e4d6-be0b-415d-a2c2-f0938b5a993a

    The MIL Network –

    July 9, 2025
  • MIL-OSI: Ascent Solar Technologies Reflects on H1 2025 Achievements and Milestones, Looks Ahead to Executing Upon H2 2025 Strategy

    Source: GlobeNewswire (MIL-OSI)

    THORNTON, Colo., July 08, 2025 (GLOBE NEWSWIRE) — Ascent Solar Technologies (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today commented on its commercial progress and solar material development in the first half of 2025, as the Company looks ahead to continued growth and advancement in the second half of the year.

    “At the outset of the year, we sought to enter into a series of new private partnerships, further improve upon our technology’s efficiency, and focus our efforts and offerings on the space market,” said Paul Warley, Chief Executive Officer of Ascent Solar Technologies. “At the midpoint of the year, we are thrilled to be able to say that we have already reached those goals and look forward to further improving upon them, while also reaching new milestones and achievements throughout the remainder of the year.”

    Key Company milestones and achievements from the first half of 2025 include:

    Ascent’s leadership plans to build upon these achievements throughout the remainder of the year through:

    • Securing additional supply agreements with space partners and customers
    • The co-development and release of full plug and fly solutions with integrated structure power solutions
    • Advancing the development of space optimized encapsulation strategies for use in VLEO, LEO, and GEO with higher education, agency and private entity partnerships
    • The attendance of future events to connect with key industry leaders, existing partners, and potential customers

    Ascent’s leadership team looks forward to continued success through the remainder of 2025 and is eager to update its stockholder community with exciting Company announcements and milestones as they come to fruition. Anyone interested in learning more about the Company, its mission and technology, or anything else, is encouraged to visit https://www.ascentsolar.com.

    About Ascent Solar Technologies, Inc.

    Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent’s photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar’s research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit https://www.ascentsolar.com.

    Media Contact

    Spencer Herrmann
    FischTank PR
    ascent@fischtankpr.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI: Coralogix Signs Strategic Collaboration Agreement with AWS to Advance AI-Powered Observability and Security

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 08, 2025 (GLOBE NEWSWIRE) — Coralogix, a leading full-stack observability platform provider, today announced a strategic collaboration agreement (SCA) with Amazon Web Services (AWS). Through this collaboration, Coralogix and AWS will create and deliver innovative, scalable solutions that leverage Amazon Bedrock to offer comprehensive and advanced monitoring.

    Most observability platforms continue to rely on static rules and basic machine learning models for anomaly detection, which can limit their ability to respond to complex and evolving system behaviors. By integrating Amazon Bedrock, Coralogix sets a new standard for observability, leveraging advanced AI capabilities to transform the way anomalies are detected and addressed. This integration allows for a more proactive, automated, and intuitive approach, enabling faster insights, reducing downtime, and improving overall system reliability. With Coralogix and Amazon Bedrock, teams can focus on innovation while trusting their observability solutions to stay ahead of potential issues.

    This strategic collaboration allows AWS and Coralogix to focus on the future with cutting edge solutions, including a fully integrated solution for AWS WAF and Amazon CloudFront. This integration offers native AWS visibility into potential threats by processing massive volumes of WAF, edge and real user monitoring data. The results of this collaboration are already bringing immense value to AWS customers by providing a more comprehensive and cost-effective solution for combined AWS WAF and CloudFront monitoring.

    Coralogix’s in-stream analytics and native integration with AWS WAF and Amazon CloudFront empower organizations to proactively, accurately and immediately identify security threats coming from the edge, without exceeding observability budgets.

    As a trusted AWS partner, Coralogix has achieved multiple AWS competencies, showcasing its deep specialization, technical expertise, and proven track record of customer success. The current AWS competencies, launches and awards held by Coralogix include:

    • DevOps ISV Competency 
    • Level 1 MSSP ISV Competency
    • AWS WAF Ready Products Specialization
    • Amazon Linux Ready Software Products Specialization
    • 2023 AWS Rising Star Partner Award of the Year – Israel 

    Coralogix empowers organizations to confidently achieve their digital transformation goals by providing visibility into AWS-hosted, on-premises, and hybrid environments at every stage of the cloud migration process. By leveraging native AWS services such as Amazon Simple Storage Service (Amazon S3), Amazon Data Firehose and AWS Lambda, Coralogix offers a fast, scalable, and cost-effective solution for monitoring and analyzing data. With the ability to pull metrics and tags from over 100 AWS services, Coralogix delivers a comprehensive view of an organization’s entire infrastructure, ensuring seamless observability and enhanced operational efficiency.

    Ariel Assaraf, CEO of Coralogix, commented, “We are thrilled to work with AWS in providing customers with the most advanced, out-of-the-box observability and security monitoring for Amazon CloudFront and AWS WAF. Not only can AWS customers affordably monitor far more edge data than before, but they can also confidently identify real threats in seconds and automate remediation using Coralogix’s full-stack observability and advanced alerting solutions. This collaboration underscores our commitment to delivering top-tier observability for cloud environments that is both effective and affordable.”

    Razorpay’s CTO, Murali Brahmadesam, a joint AWS and Coralogix customer, shared that “Razorpay offers a highly available and secure payment gateway for businesses, ensuring smooth and reliable transactions. By leveraging Coralogix’s seamless integration with AWS WAF, Razorpay enhances its ability to detect and mitigate potential security threats, providing businesses with a robust and trustworthy payment solution.”

    According to Allison Johnson, Senior Manager, Tech Partners – Americas at AWS, “AWS and Coralogix share a unified mission: empowering organizations to make strategic decisions today that drive tomorrow’s innovation. Our collaboration is dedicated to guiding customers through every stage of their cloud journey, addressing immediate infrastructure demands while paving the way for future technologies like AI. By integrating the Coralogix platform with the unmatched scale and support from AWS, we deliver a powerful solution that simplifies application modernization, ensures smooth cloud migrations, and accelerates AI adoption. This collaboration equips organizations to navigate the complexities of digital transformation with greater efficiency, helping them stay agile and competitive in an ever-evolving, tech-driven world.”

    Learn more about Coralogix’s complementary solution for AWS WAF and CloudFront.

    About Coralogix
    Coralogix is a full-stack observability platform that enables businesses to monitor and manage data in real time, providing instant insights without the need for indexing. The platform supports Log Analytics, application performance monitoring (APM), security information and event management (SIEM), real user monitoring (RUM), and infrastructure monitoring, offering complete visibility into AI performance, security, and governance in a single solution. Coralogix offers a simple pricing model based on data volume, along with world-class support that ensures rapid response times and swift resolutions. To learn more, visit www.coralogix.com.

    PR Contact
    Mark Prindle
    Fusion PR
    mark.prindle@fusionpr.com

    The MIL Network –

    July 9, 2025
  • MIL-OSI Analysis: There are many things Americans 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 Americans voters agree on, from fears about technology to threats to democracy – https://theconversation.com/there-are-many-things-americans-voters-agree-on-from-fears-about-technology-to-threats-to-democracy-258440

    MIL OSI Analysis –

    July 9, 2025
  • MIL-OSI United Kingdom: Attorney General’s speech at Summer School in the Law of the Council of Europe.

    Source: United Kingdom – Executive Government & Departments

    Speech

    Attorney General’s speech at Summer School in the Law of the Council of Europe.

    The Attorney General delivered a speech ‘The Implementation of Strasbourg Court Judgments at National Level – Subsidiarity in Action’ at the Summer School in the Law of the Council of Europe.

    Introduction

    Thank you, Professor Garde.

    I am delighted to be addressing you this morning at the opening of what I am sure will be a fascinating Summer School on the Law of the Council of Europe.

    Your theme could not be more topical – the effectiveness of the Council of Europe in Tackling the Pressing Challenges of our times. 

    For what pressing challenges we face.

    Conflicts rage around the world, new threats are posed by climate change, growing inequality, mass migration, and by emerging artificial intelligence.

    The substantive challenges are numerous, global and complex.

    And they have to be addressed in an ever more challenging political environment of polarised public discourse fuelled by social media, tempting many towards the easy solutions offered by populist leaders.

    In light of these pressing challenges, we must renew our commitment to a strong international rules-based system, underpinned by an unequivocal commitment to the rule of law.

    This is why, since taking office, I have spoken repeatedly of my government’s commitment to the rule of law. Of how it will act as our lodestar.

    This should not be contentious. The Council of Europe’s body of constitutional experts, the Venice Commission for Democracy through Law, in their Rule of Law Checklist note that the rule of law is a concept of universal validity.

    The “need for universal adherence to and implementation of the Rule of Law at both the national and international levels” was endorsed by all Members States of the United Nations in 2005.

    Lord Bingham, one of the UK’s most distinguished judges, described the rule of law as “one of the greatest unifying factors—perhaps the greatest—and as an ideal worth striving for, in the interests of good government and peace, at home and in the world at large.”  

    What do we mean, though, by the rule of law in the Council of Europe context?

    It is not just rule of law; it clearly means much more than that in the European legal tradition.

    The Venice Commission, after long reflection on what conception of the rule of law fits best with European constitutional traditions, summarised the rule of law as the presence of six key elements:

    legality; legal certainty; the prohibition of arbitrariness; access to justice before independent and impartial courts; respect for human rights and non-discrimination; and equality before the law.

    This European conception of the rule of law was heavily influenced by Tom Bingham’s account in his wonderfully accessible book, The Rule of Law.

    A cornerstone of that rules-based system in Europe is of course the Council of Europe. Formed, you will recall, in the aftermath of World War Two. When we had seen the worst of humanity.

    But out of those horrors, a group of like-minded states came together with a pledge to uphold the rule of law, democracy and human rights.

    And for over 75 years, the Council, has stood as the conscience of Europe. It has sought to unite us around those shared values. 

    And those values have served us well. They have formed a foundation for European peace and prosperity.

    I consider that they remain the best hope of protecting us from the threats we face today, and those which are no doubt coming tomorrow. 

    At the heart of the Council of Europe system is the European Convention on Human Rights and Fundamental Freedoms.

    A shared statement of the rights, which all of us in the European family of nations hold dear.

    Based on the UN’s Universal Declaration of Human Rights and drafted by a British lawyer, David Maxwell Fyfe.

    The rights it contains reflect long-standing traditional common-law rights in our country. 

    The supranational system of human rights protection that has been built on those British foundations is one of the great achievements of the post-War period. 

    Its very durability demonstrates how well it has combined effective legal protection for the rights of individuals with a sensitivity to the importance of elected governments in our democratic societies.

    So my own view on one of the central questions that you will be considering at your Summer School is that the Council of Europe has proved extraordinarily effective at protecting the foundational European values of human rights, democracy and the rule of law. 

    It has also, for most of its 75 years, succeeded in uniting Europe around those shared values.

    This does not mean of course that every aspect of the Council of Europe must be preserved in aspic.  International organisations and their institutions must always evolve to ensure that they continue to serve their central purpose and that they retain the public confidence of every generation. 

    That means we must be prepared to build on our existing mechanisms, developing them where necessary to ensure that they can deal with today’s pressing challenges.

    Of course, we must always remain vigilant to guarantee that such updating strengthens the protection of our shared values rather than weakening them, whilst ensuring that such reform balances liberty with responsibility, individual rights with the public interest.

    There are many ways in which the operation of the Council of Europe’s institutions could be improved. 

    There is considerable scope, for example, to build on the recent explicit recognition of the principle of subsidiarity in the preamble to the ECHR – for example by helping states to better implement the Convention at national level so that the subsidiary role of the Court becomes less and less required as national protection of ECHR rights improves. 

    We should not be afraid – indeed, must not be afraid – of discussing how the European system for the protection of human rights can be improved to ensure that the public are confident that it continues to serve the central purpose on which everyone agrees: that human rights require effective legal protection. 

    Rather, we should be confident that we can demonstrate the value of this remarkable piece of institution-building and find imaginative ways of improving its operation in practice, which secures its democratic legitimacy, and ensures it is fit to meet the challenges we face, without weakening its protections.

    The execution of judgments, which I know is one of the themes you will be exploring at the Summer School, is one such area in which there is considerable scope to enhance the democratic legitimacy of the ECHR system, and on which the UK has taken a significant lead, so it is to this that I now turn.

    The Importance of Language

    First, I want to make a small but important point about language.

    The first step towards enhancing the democratic legitimacy of the ECHR is to talk about it in a way that is accessible and readily understandable by ordinary people.

    The phrase “the execution of judgments” fails that test.

    “Execution” is a lawyer’s term. The public’s understanding of execution is that it has something to do with capital punishment.

    Insofar as non-lawyers understand the meaning of the term, the execution of a court judgment sounds like a merely formal step in which the Government does what the court in its judgment has told it to do.

    As I will go on to explain, that does not reflect the reality following a judgment of the European Court of Human Rights, which very often leaves considerable scope to the democratic branches to decide how best to respond to the Court’s judgment.

    If we care about the democratic legitimacy of the ECHR, as we do and as we must, we therefore need a different language in which to talk about what happens following a finding of a violation by the European Court of Human Rights.

    Talking about the “implementation” of judgments is preferable to talking about their “execution”.

    But even “implementation” downplays the scope for democratic debate and political choice when a State considers how it should respond to an adverse judgment against it.

    It is important to frame the discussion in a way which makes clear to ordinary people the scope that usually remains for democratic debate when deciding how to respond.

    The obligation to comply with Court judgments

    In Article 46 of the Convention States, including the UK, have made an important commitment.  They have undertaken to abide by any final judgment of the European Court of Human Rights to which they are a party.

    This obligation, voluntarily entered into by all Council of Europe member states, is a crucial foundation of the international legal order in Europe.  It is key to ensuring the Convention is effective in practice. As the Venice Commission, in their report on the Polish judges case put it: ‘the right to individual petition would be illusory if a final binding judgment of the European Court of Human Rights remained unenforced.”

    Everyone agrees that it is a crucial feature of the rule of law that no-one is above the law.  That must include governments. If governments disregard decisions of the courts, then it undermines the rule of law.

    As the Venice Commissions puts it in their Rule of Law Checklist, “Judicial decisions are essential to the implementation of the Constitution and of legislation. The right to a fair trial and the Rule of Law in general would be devoid of any substance if judicial decisions were not executed.”

    The Convention recognises this, and Article 46 goes on to give the Committee of Ministers the responsibility for ensuring that judgments are given effect. It also includes a power for the Committee to refer cases back to the Court if they consider that a judgment is unclear, or that a Party is not abiding by their obligations.

    Subsidiarity in responding to Court judgments

    However, it is vital to understand the nature of the process that follows a final judgment of the Court of Human Rights that a state has violated the Convention.

    A recurring criticism of the European Court is that it erodes national sovereignty; that when it finds States in breach of the Convention, there is a democratic deficit. Too often their judgments are mischaracterised as an anti-democratic exercise in dictation from abroad.

    Confidence risks being undermined by misconceptions about the relationship between the European court and state parties.

    I therefore want to emphasise the critical role that national authorities have in implementing those judgments.  

    The principle of subsidiarity, captured by Protocol 15 which formally introduced the concept into the preamble to the Convention, means that States have primary responsibility for implementing the Convention rights into their national system.

    It states, ‘the High Contracting Parties, in accordance with the principle of subsidiarity, have the primary responsibility to secure the rights and freedoms defined in this Convention’.  This recognises that it is domestic authorities with the power and understanding to ensure rights compliance in each country, in light of their cultural values.

    That means that States have to have an effective legal framework which gives practical and meaningful effect to those rights.  In the UK that is the Human Rights Act.

    But it also means that, following a finding of a violation of Convention rights by the Court, states also have the primary responsibility to find a way to give effect to those rulings in a way that works for their particular national context.

    The responsibility for implementing judgments is therefore a shared responsibility between the branches of the State, including the democratically elected branches. This ensures that no judgment ends in Strasbourg. That it finds full, timely implementation at a national level.

    It goes hand in hand with the margin of appreciation – the recognition from the European Court that different countries have different legal, cultural, and social contexts, and therefore, they should be given flexibility in how they interpret and apply the Convention rights.

    Subsidiarity is not subordination; the European Court institutions must still ensure that national authorities keep to their obligations, but the main responsibility for working out how to do so rests with the states, in accordance with their democratic processes. Balancing national sovereignty with respect for universal rights.      

    Subsidiarity is a vital link between the mutually reinforcing principles of democracy, human rights and the rule of law.

    The process for the implementation of judgments is an example of subsidiarity in action: all arms of the state, and civil society, playing their part in deciding the most appropriate way of giving effect to the rulings of the European court.

    UK processes

    Before saying a little about how the UK gives effect to judgments from the European Court, it is worth recalling that the UK has the lowest per capita rate of violations of any party. Last year there were just three judgments against the UK, one finding a violation, one finding no violation and one which was settled. So perhaps with less adverse judgments, we have an easier job ensuring that they are implemented.

    But even with that concession in mind, the UK does implement the judgements of the European Court with a current closure rate of around 98%.

    I want to now offer some reflections on our approach and why I see it as subsidiarity in action.

    The European Convention is given further effect in domestic law through the architecture of the Human Rights Act 1998. That architecture includes a power in section 10 to respond to adverse judgments from the courts – both the European Court of Human Rights and domestic courts.

    This enables the Executive a ‘fast track’ way of introducing legislation into Parliament to remedy the breach of Convention rights which the court has found. How to respond to any adverse decision therefore falls to the democratically elected government to decide.

    But as well as the Executive, the legal framework of the Human Rights Act, and the institutional human rights machinery that has been built in the UK, ensures that both Parliament and civil society also play their part.

    The Joint Committee on Human Rights is the Parliamentary Committee responsible for examining matters relating to human rights. It scrutinises government legislation to ensure that it is compatible with human rights. It also systematically scrutinises the Government’s response to human rights judgments of courts. Where that response is by way of a Remedial Order, the Committee’s terms of reference require it to report on any Remedial Order made under the Human Rights Act, prior to consideration by both Houses of Parliament.

    As part of this process, the Committee often calls for evidence and welcomes input from civil society.

    This system allows for considerable democratic input into the process of responding to a Court judgment. It also offers a high level of democratic scrutiny, ensuring action is taken in response to adverse judgments to protect rights, but recognising that there might be a range of possible responses which satisfy the judgment. It therefore supports the rule of law values of transparency and accountability.

    Let me illustrate with an example. In May 2021 the Grand Chamber found a violation of Articles 8 and 10 in the case of Big Brother Watch and Others v the UK.

    These cases each challenged elements of the UK’s investigatory powers regime. At the time of the judgment, enhanced safeguards had already been introduced, however, there remained issues with Convention compliance.

    The then Government laid before Parliament a proposed Remedial Order to introduce further safeguards into the regime, in particular to offer further protections for journalistic material.

    The Joint Committee on Human Rights published their report, recommending one change to further protect rights. This was accepted by Government. Representations were also received from the Investigatory Powers Commissioner’s Office and the UK Intelligence Community, which were also taken into account.

    The Remedial Order was passed by Parliament and amended the regime to better safeguard the rights of all. An action report of the steps taken was sent to the Committee of Ministers, who closed their supervision of the judgment.

    This is just one example of how the democratically elected government, and Parliament have responded to a judgment from the European Court to ensure not just rights compliance, but rights compliance in the national interest, and on the terms of a sovereign Parliament. The process for responding to a judgment of the Court is subsidiarity in action. Understanding and explaining it as such is vital for maintaining confidence in the credibility and legitimacy of the Convention.

    Conclusion

    We must counter the common perception of the Court’s judgments as a foreign imposition on our national sovereignty and reflect the more nuanced reality. The proper implementation of judgments is an essential pillar of the rule of law.

    But it is also subsidiarity in action; the national authorities, including the democratic branches, debating and deciding how best to respond to a Court judgment, and then working in partnership with the Council of Europe institutions to give effect to our shared values.

    I therefore welcome the focus of this Summer School on this very important issue. There is no justice for victims if judgments are not enforced, because a judgment without execution is a right without remedy. But to secure the public’s confidence in the democratic legitimacy of the system, institutional mechanisms and processes must be developed to ensure meaningful opportunities for political debate about how best to respond to Court judgments.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

    July 9, 2025
  • MIL-OSI Russia: Xi Jinping stresses resource-based economy transformation, advancing China’s modernization during inspection tour of Shanxi Province

    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

    TAIYUAN, July 8 (Xinhua) — Chinese President Xi Jinping has called on north China’s Shanxi Province to further promote the transformation of resource-based economy development and write a new chapter in China’s modernization drive.

    Xi Jinping, who is also general secretary of the Communist Party of China Central Committee (CPC Central Committee) and chairman of the Central Military Commission, made the remarks during his inspection tour of Shanxi province from Monday to Tuesday. -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.

    .

    MIL OSI Russia News –

    July 8, 2025
  • MIL-OSI: Xtract One Selected by Mecklenburg County Public Schools to Enhance Building Security District-Wide

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 08, 2025 (GLOBE NEWSWIRE) — Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced its Xtract One Gateway (“Gateway”) system has been selected by Mecklenburg County Public Schools, located in Boydton, Virginia, to enhance school security and ensure student, staff, and visitor safety.

    After extensive analysis of the industry, Mecklenburg County Public Schools selected the Company’s Gateway solution to optimize student, staff, and visitor security and ingress. Having previously faced challenges with efficiently and effectively screening students’ backpacks, Mecklenburg County Public Schools is revamping its security screening procedures with Xtract One’s tested and modernized system. Gateway is purpose-built for weapons detection in environments – like schools – where visitors regularly enter carrying numerous larger personal items, such as backpacks, laptops and lunch bags.

    “We’re proud to partner with Mecklenburg County Public Schools to help create a safe and secure environment for students, faculty, and staff across the entire district,” said Peter Evans, CEO of Xtract One. “Up until today, schools like Mecklenburg have often struggled with systems that alert on laptops, binders, eye glass cases, chargers, etc. This has resulted in costly solutions that require complex ConOps, additional systems like x-ray machines, and the added complexity of state inspections for those machines, additional staffing for bag checks, and unfortunately continued ineffectiveness and missed weapons. Schools have had to use two systems to do one job. With Gateway we have delivered a leapfrog in innovation – one system that can do two jobs, and allows students to walk in with their backpacks, laptops, binders, chargers, headsets, Nintendo switches, smartphones… without any divesting, all while detecting weapons”.

    “We have been very pleased with Xtract One, as they have worked diligently with us to deploy a weapons detection system for our secondary schools here in Mecklenburg County, Virginia,” said Scott Worner, Superintendent of Mecklenburg County Public Schools. “Wanting to better address the ingress of our middle and high school students as they enter our facilities, the Company’s One Gateway should provide our students and parents with additional confidence of a safer school environment, as well as a deterrent for individuals who wish to enter our facilities with contraband and weapons. Xtract One has exemplified what we expect in a partnership – with a focus on the best outcome for our school, providing set up, integration, training, troubleshooting, and analytics.”

    Xtract One Gateway transforms the security experience by balancing powerful threat classification and detection with seamless flow for individuals passing through. With advanced bi-directional configurable screening and proprietary sensors designed for precise weapons detection and identification, Gateway helps streamline access into and out of facilities up to four times faster than traditional screening methods without disrupting the flow of movement. The solution respects individual privacy while maintaining the highest safety standards, scanning individuals, their pockets, their bags, and their backpacks for potential mass casualty weapons while distinguishing harmless personal belongings like laptops, tablets, three-ring binders, notebooks, phones, and water bottles.

    To learn more, visit www.xtractone.com.

    About Xtract One
    Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that are designed to assist facility operators in prioritizing- and delivering improved “Walk-right-In” experiences while enhancing safety. Xtract One’s innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit www.xtractone.com or connect on Facebook, X, and LinkedIn.

    About Mecklenburg County Public Schools
    Mecklenburg County Public Schools provide a 21st century learning environment which fosters career literacy, academic enhancement, social-emotional growth and community engagement that prepares students who contribute to the global society. The mission of the Mecklenburg Public School Division, in partnership with family and community, is to provide all students with a quality education within a safe environment supporting the development of intellectual growth, effective communication, wellness, and life-long learning in a rapidly changing society.

    About Threat Detection Systems
    Xtract One solutions, when properly configured, deployed, and utilized, are designed to help enhance safety and reduce threats. Given the wide range of potential threats in today’s world, no threat detection system is 100% effective. Xtract One solutions should be utilized as one element in a multilayered approach to physical security.

    Forward Looking Statements
    This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, but are not limited to, the risks detailed from time to time in the continuous disclosure filings made by the Company with securities regulations. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

    For further information, please contact:
    Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com   
    Investor Relations: Chris Witty, Darrow Associates, cwitty@darrowir.com, 646-438-9385
    Media Contact: Kristen Aikey, JMG Public Relations, kristen@jmgpr.com, 212-206-1645

    The MIL Network –

    July 8, 2025
  • MIL-OSI: Churchill Reports High-Grade Zinc Results on Polymetallic Veins at the Black Raven Property, Central Newfoundland

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 08, 2025 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce the final due-diligence sample results on its Black Raven property with three over-limit zinc assays of 5.25%, 11.03% and 12.11% from grab samples 305, 315 and 321 respectively. These samples returned high-grade gold, silver, lead and zinc, emphasizing the polymetallic metal assemblage of critical minerals present in the Black Raven vein system, per the summary table and figure below.

    Sample #   300   304   305   315   321
    Silver grade (g/t)   153   329   321   251   395
    Gold grade (g/t)   3.07   7.70   7.79   5.09   2.16
    Lead grade (%)   3.10   6.47   5.80   8.83   7.34
    Zinc grade (%)   2.85   4.97   5.25   11.03   12.11
    Copper grade (%)   nil   0.37   0.50   0.39   0.40
                         

    These samples exceeded the laboratory’s original upper detection limit for zinc (50,000ppm or 5% – see release of June 23 2025), and the results reported herein are from the overage assay protocols. The Black Raven vein systems have never been drilled.

    “These excellent zinc results complete all of the over-limit ore-grade analyses from our due-diligence sampling, and continue to strongly confirm our belief that the Black Raven system includes high-grade polymetallic veins, as well as the known Frost Cove Antimony and Stewart Gold past-producers,” commented Paul Sobie, President of Churchill. “Our next batch of rock samples are at SGS and will be processed much more quickly than the due-diligence set, as we’re running the appropriate ore grade analyses concurrently on suspected high-grade samples.”

    The Black Raven Property hosts two past-producing mines dating back to the late 1800’s, the Frost Cove Antimony Mine, and the Stewart Gold Mine which returned antimony grades of 35.1% and gold grades of 14.4 g/t, respectively (see release of 12th June 2025). The zinc results reported herein are from different locations on the property (see attached map). Black Raven is located approximately 60km northwest of Gander, and approximately 100km north of the Beaver Brook Antimony Mine, currently on care and maintenance.

    Antimony: A Critical Mineral in High Demand

    Antimony is a critical mineral essential for national security and modern technology, with over 90% of global production controlled by China, Russia, and other non-Western jurisdictions. The metal is a vital component in military applications, while also being crucial for certain flame retardants, strengthening alloys in batteries, and emerging energy storage technologies. Recent Chinese export restrictions have driven prices to record levels exceeding $50,000 per tonne, highlighting antimony’s strategic importance to a “Fortress North America” approach to critical mineral supply chains and making domestic North American sources increasingly important for economic and national security.

    Due-Diligence Sampling Program

    Antimony, gold, silver, lead, zinc, copper and molybdenum samples were selected by Dr. Derek Wilton, independent QP to Churchill, during field visits on April 24th and 25th. All samples were labelled and securely bound and delivered to the prep laboratory of SGS Canada Inc. in Grand Falls-Windsor, for crushing and pulverizing. Splits were couriered to Burnaby, B.C. by SGS for GE_AAS33E50 zinc assays and overlimit samples by the GO_ICP90Q100 ore-grade analytical method. All due-diligence samples described in this news release were grab samples and are selective by nature and are unlikely to represent average grades of the property.

    Black Raven Antimony-Gold Property

    The Black Raven Property comprises nine map-staked licenses constituting a single contiguous block of 125 claims that in total cover 3,125ha or 31.25km2. Churchill and the vendors have agreed to a 4km wide area of interest around the property boundaries as part of their agreement.

    The past sampling data reported in this News Release is historic in nature and does not meet NI43-101 standards. Churchill has relied on the information supplied in the Government of Newfoundland field assessment reports and from information found in the Mineral Occurrence Database System operated by the Newfoundland Department of Industry, Energy and, Technology. Natural Resources.

    The technical and scientific information in this news release has been reviewed and approved by Dr. Derek H.C Wilton, P.Geo., FGC, who is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Wilton is an honorary research professor of Economic Geology at Memorial University in St. John’s and is independent of the Company for the purposes of NI 43-101.

    References:

    Heyl, George R., 1936. Geology and Mineral Deposits of the Bay of Exploits Area. Newfoundland Department of Natural Resources, Geological Section, Bulletin No 3. 65 pages.

    Fogwill, W.D., 1968. Report on a copper prospect at Western Head, Moreton’s Harbour in the Notre Dame Bay Area, Newfoundland. Newfoundland and Labrador Geological Survey, Assessment File 2E/10/0350, 1968, 48 pages

    Kay, E.A. 1981. A geochemical and fluid inclusion study of the arsenopyrite-stibnite-gold mineralization, Moreton’s Harbour, Notre Dame Bay, Newfoundland. Master Thesis, Memorial University of Newfoundland, St. John’s, Canada, 1981. Newfoundland and Labrador Geological Survey, Assessment File 002E/10/1075, 1981, 209 pages.

    Quinlan E, 2013. First Year Assessment Report for 019872M, Ninth Year Assessment Report for 015553M, and Third Year Assessment Report for 017787M for Exploration within the Black Raven Property, NTS Map Sheet 2E/10. Newfoundland and Labrador Geological Survey Assessment Report, 69 pages

    Quinlan, E. 2025. 21st, 8th & 4th Year Assessment Report of Diamond Drilling & Prospecting On Black Raven Property, License 023212M (21st Year), License 02840m (8th Year), License 35674m (4th Year) NTS 02E/10, North-Central Newfoundland. Property centered at approximately 49°57’N, 54°87’ W. 34 pages.

    About Churchill Resources

    Churchill Resources Inc. is a Canadian exploration company focused on strategic, critical minerals in Canada, principally at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland & Labrador. The Churchill management team, board, and advisors have decades of combined experience in mineral exploration and in the establishment of successful publicly listed mining companies, both in Canada and around the world. Churchill’s Newfoundland and Labrador projects have the potential to benefit from the province’s large and diversified minerals industry, which includes world class nickel mines and processing facilities, and a well-developed mineral exploration sector with locally based drilling and geological expertise.

    Churchill’s Taylor Brook Nickel-Copper-Cobalt-Vanadium-Titanium Property, and Florence Lake Nickel Property, are both in good standing for a number of years, such that further exploration and development can await improved market conditions sentiment while the Company focuses on high-grade antimony-gold and other critical minerals.

    Further Information

    For further information regarding Churchill, please contact:

    Churchill Resources Inc.
    Paul Sobie, Chief Executive Officer
    psobie@churchillresources.com
    Tel. 416.365.0930 (o)
           647.988.0930 (m)

    Alec Rowlands, Business Development & IR
    Alec.rowlands1@gmail.com
    Tel. 416.721.4732 (m)

    FORWARD-LOOKING STATEMENTS

    This news release contains certain forward-looking statements, including, but not limited to, statements about Churchill’s objectives, goals and exploration activities proposed to be conducted on its properties; future growth potential of Churchill, including whether any proposed exploration programs at any of its properties will be successful; exploration results; and future exploration plans and costs. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. In particular, this release contains forward-looking information relating to, among other things, the Company’s goals and objectives, and future exploration work to be conducted on the Company’s Black Raven Antimony Property. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

    Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Such factors, among other things, include: exploration results on the Black Raven Antimony Property; the expected benefits to Churchill relating to the exploration proposed to be conducted on its properties; receipt of all regulatory approvals in connection with the transaction contemplated herein; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Churchill’s properties, if required; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; and title to properties. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Churchill cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Churchill assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7bb07e79-51ac-4671-b042-3607a1200922

    The MIL Network –

    July 8, 2025
  • MIL-OSI: OTC Markets Group Welcomes Vaxart, Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Vaxart, Inc. (OTCQX: VXRT), a clinical-stage biotechnology company, has qualified to trade on the OTCQX® Best Market. Vaxart, Inc. previously traded on NASDAQ.

    Vaxart, Inc. begins trading today on OTCQX under the symbol “VXRT.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    “We thank OTC Markets Group for welcoming us and appreciate our investors for their continued support” said Steven Lo, Vaxart CEO. “We remain focused on making meaningful scientific progress in developing oral pill vaccines to potentially transform public health.”

    About Vaxart, Inc.
    Vaxart is a clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform. Vaxart vaccines are designed to be administered using pills that can be stored and shipped without refrigeration and eliminate the risk of needle-stick injury. Vaxart believes that its proprietary pill vaccine delivery platform is suitable to deliver recombinant vaccines, positioning the company to develop oral versions of currently marketed vaccines and to design recombinant vaccines for new indications. Vaxart’s development programs currently include pill vaccines designed to protect against coronavirus, norovirus and influenza, as well as a therapeutic vaccine for human papillomavirus (HPV), Vaxart’s first immune-oncology indication. Vaxart has filed broad domestic and international patent applications covering its proprietary technology and creations for oral vaccination using adenovirus and TLR3 agonists

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™️ Basic Market and Pink Limited Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

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

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network –

    July 8, 2025
  • MIL-OSI: Calian Reinforces Support for Canadian Armed Forces with $250M Contract Amendment

    Source: GlobeNewswire (MIL-OSI)

    OTTAWA, Ontario, July 08, 2025 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other strategic critical infrastructure sectors, today announced a $250 million amendment to its Health Care Provider Recruitment (HCPR) contract with the Department of National Defence (DND).

    This amendment reinforces Calian’s commitment to the Canadian Armed Forces (CAF) and its members—ensuring the continued delivery of essential health services to support their operational readiness and well-being. Since 2005, Calian’s work under the Health Support Services Contract—and since 2018, the Health Care Provider Recruitment (HCPR)— has delivered physicians, nurses, dentists and mental health professionals to CAF clinics across Canada and remains foundational to the health and preparedness of those who serve.        

    “We are proud to play a role in safeguarding the health of Canadian Armed Forces members,” said Kevin Ford, Calian CEO. “Operational readiness is rooted in resilience—and that starts with a healthy force. This work matters and we take pride in supporting the well-being of CAF members so they can focus on the mission.”

    The contract amendment activates a previously approved option. It consolidates unspent funds from Option Period 5 with planned funding for Option Period 6, ensuring uninterrupted delivery of care across CAF clinics, supporting both day-to-day readiness and deployment capability.

    The award contributes to Calian’s total contract backlog of $1.6 billion, two thirds of which is related to its defence business, supporting defence customers in Canada and internationally. This increase reflects the ongoing partnership between Calian and government and military organizations, as well as the continued trust in its services.

    For over two decades, Calian has been an innovative and reliable partner to Canada’s military. In an era of heightened global uncertainty, Calian’s delivery of integrated healthcare solutions remains a vital component in enabling the CAF to respond with strength and resilience.

    “This is more than a contract. It’s a commitment to those who serve our country. Our teams across Canada take that responsibility seriously” Ford added.

    Calian continues to support DND with mission-critical solutions, including healthcare, training and simulation, IT modernization and cybersecurity, satellite communications, and manufacturing and engineering. These solutions play a fundamental role in strengthening Canada’s defence posture, supporting the operational readiness of the CAF, and bolstering national resilience in an era of evolving threats.

    For more on Calian as a Canadian defence solutions partner, visit Calian’s Defence Solutions.

    About Calian

    www.calian.com

    We keep the world moving forward. Calian® helps people communicate, innovate, learn and lead safe and healthy lives. Every day, our employees live our values of customer commitment, integrity, innovation, respect and teamwork to engineer reliable solutions that solve complex challenges. That’s Confidence. Engineered. A stable and growing 40-year company, we are headquartered in Ottawa with offices and projects spanning North American, European and international markets. Visit calian.com to learn about innovative healthcare, communications, learning and cybersecurity solutions.

    Product or service names mentioned herein may be the trademarks of their respective owners.

    Media inquiries:

    media@calian.com

    613-599-8600

    Investor Relations inquiries:

    ir@calian.com

    DISCLAIMER

    Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

    Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8
    Tel: 613.599.8600 · Fax: 613-592-3664 · General info email: info@calian.com

    The MIL Network –

    July 8, 2025
  • MIL-OSI: Willis launches $200m facility to tackle global geopolitical uncertainty for cargo owners

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 08, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business (NASDAQ: WTW), has launched ‘Undercover’, a new $200 million facility, combining coverage for a range of geopolitical exposures faced by cargo owners worldwide.

    Developed by Willis in a joint proposition with specialist insurer, Markel, Undercover offers a unique approach to the risk transfer of cargo, war on land, terrorism, political violence and confiscation coverage, with sections of coverage selected based on the individual needs of the client. This single-facility approach minimizes coverage gaps and reduces the likelihood of claims disputes, as well as removing the need to establish the motivation for a claim.

    In challenging times of political instability, Undercover offers certainty of cover to cargo owners. It also provides protection from fluctuating insurance costs when country risk ratings change, as cargo cover is frequently provided on a global basis.

    Ben Abraham, Global CEO, Willis Marine, said, “In a period of heightened geopolitical risk, cargo owners face enormous uncertainty in fast changing situations. This innovative solution is the first that offers a clear, comprehensive approach to cover, offering the maximum certainty exactly when it’s needed and when the worst happens.”

    Brook Styles, Head of Cargo, Markel International said: “The transportation of goods is highly sensitive to geopolitical uncertainty, which has the potential to disrupt trade routes, increase operating costs and put pressure on the resilience of global supply chains. We’re therefore pleased to have launched this new product, which provides support to cargo owners by helping them navigate today’s complex geopolitical risk environment with added confidence, clarity and simplicity.” 

    For more information on the risks covered: https://www.wtwco.com/en-gb/solutions/products/undercover

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Willis is one of the oldest names in marine insurance having commenced as a marine broker in 1828. Our Global Marine team has 650+ marine risk and insurance specialists work together address the needs of the marine sector through innovative risk advice and customized solutions. Within Global Marine, our 200+ cargo insurance experts work within an industry practice framework to provide sector specific advice and a risk-centred solutions. Our teams collaborate to ensure our clients are getting the best of Willis across the geographies and sectors we serve.

    About Markel

    We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide. 

    Media Contacts

    Lauren David:
    Lauren.david@wtwco.com / +44 7385947619

    Candela Farroni:
    Candela.farroni@haggiepartners.com / +44 7795 155654

    The MIL Network –

    July 8, 2025
  • MIL-OSI: Castellum and AmpliTech Group Announce Execution of Reseller Agreement

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., July 08, 2025 (GLOBE NEWSWIRE) — Castellum, Inc. (NYSE-American: CTM) (the “Company” and “Castellum”) and AmpliTech Group, Inc. (Nasdaq: AMPG) (“AmpliTech”) are pleased to jointly announce that the Company’s newly formed product subsidiary, Castellum Advanced Technology Products, Inc., has entered into a reseller agreement (the “Reseller Agreement”) with AmpliTech to resell AmpliTech’s products to Castellum’s clients.

    “We are thrilled to partner with AmpliTech and be able to resell AmpliTech’s products, including their world-class low noise amplifiers,” said Glen Ives, Chief Executive Officer of Castellum. “Arrangements such as this one are exactly why we recently established our new subsidiary, Castellum Advanced Technology Products, Inc., to both partner with great companies such as AmpliTech and also develop our own products internally.”

    “Castellum is an excellent partner for AmpliTech to be able to further penetrate the government market,” said Fawad Maqbool, Chief Executive Officer and Chief Technology Officer of AmpliTech.  “We believe that combining Castellum’s top-quality C5ISR capabilities with AmpliTech’s products is a winning combination for customers looking to deploy next-generation communications technology.”

    About AmpliTech Group, Inc. (Nasdaq: AMPG)

    AmpliTech Group, Inc. (Nasdaq: AMPG), comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services – is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and ORAN 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com.

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

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

    Forward-Looking Statements:

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Words such as “will,” “would,” “believe,” and “expects,” and similar language or phrasing are indicative of forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to generate revenue from the Reseller Agreement, the Company’s ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget, operating under a prolonged continuing resolution, government shutdown, or breach of the debt ceiling, as well as the imposition by the U.S. government of sequestration in the absence of an approved budget; the ability of the U.S. federal government to unilaterally cancel a contract with or without cause, and more specifically, the potential impact of the U.S. DOGE Service Temporary Organization on government spending and terminating contracts for convenience. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s recently filed Form 10-Q, Item 1A. “Risk Factors” in the Company’s most recent Form 10-K, and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties, or not closing the described potential equity financing in this press release, could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

    Castellum Contact:

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

    The MIL Network –

    July 8, 2025
  • WaveX launches ‘Kalaa Setu’ challenge to boost AI-driven multilingual content generation

    Source: Government of India

    Source: Government of India (4)

    In a significant step towards strengthening inclusive digital communication, the Ministry of Information and Broadcasting has launched the ‘Kalaa Setu – Real-Time Language Tech for Bharat’ initiative under its WaveX Startup Accelerator Platform. The programme invites India’s leading AI startups to develop innovative solutions for real-time multilingual and multimedia content generation aimed at enhancing public outreach in governance.

    As India’s digital governance ecosystem expands, the need for prompt, effective, and localised communication with citizens has become increasingly important. Traditional content creation processes often struggle to meet the demands of scale and linguistic diversity across the country. In this context, the ‘Kalaa Setu’ challenge seeks to harness the potential of artificial intelligence to bridge language barriers and deliver information to the last mile.

    Under this initiative, startups have been invited to develop indigenous, scalable solutions capable of generating audio, video, and graphic content from text inputs in multiple Indian languages. The challenge focuses on three key areas: text-to-video generation for creating contextualised video content, text-to-graphics generation for producing infographics and illustrations, and text-to-audio generation using advanced voice synthesis technology to deliver regionally relatable speech content.

    Officials said the solutions developed under ‘Kalaa Setu’ will help public communication bodies to dynamically convert official information into locally relevant formats, such as infographic visuals, video explainers, and audio news capsules, in real time. This will benefit various sections of society, including farmers, students, and senior citizens, by providing them timely updates in languages they understand best.

    Startups can submit their applications for the challenge through the WAVEX portal (https://wavex.wavesbazaar.com) under the ‘Kalaa Setu’ category. Applicants must submit a working Minimum Viable Concept by 30th July, 2025. Shortlisted teams will present their solutions before a national jury in New Delhi. The winning team will receive support for full-scale development, pilot opportunities with All India Radio, Doordarshan, and PIB, as well as incubation under the WaveX Innovation Platform.

    Earlier, the Ministry had also launched the ‘Bhasha Setu’ challenge on 30th June, 2025, aimed at real-time language translation. Startups can apply for the ‘Bhasha Setu’ challenge till 22nd July, 2025 through the same portal.

    These initiatives are part of the Government of India’s larger push to promote AI-driven technologies for inclusive and effective governance. By supporting home-grown innovations in multilingual communication and translation, the government aims to ensure that every citizen, regardless of language or region, has timely access to information.

    WaveX, launched under the Ministry’s WAVES initiative, serves as a dedicated startup accelerator to encourage innovation in media, entertainment, and language technologies. Earlier this year, the platform provided over 30 startups an opportunity to pitch their ideas at the WAVES Summit in Mumbai. 

    July 8, 2025
  • MIL-OSI: Hyperscale Data Reports Approximately $11.2 Million in Bitcoin Mining Revenue Year to Date, Including Approximately $1.5 Million for June 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 08, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”) received approximately 13.7 Bitcoin in the month of June 2025 and approximately 103.7 Bitcoin year to date (through June 30, 2025) from the mining pool to which Sentinum provides hash calculation services. Revenue is calculated daily based upon the number of Bitcoin earned that day at the value of Bitcoin on such date.

    As previously announced, Sentinum entered into a hosting services agreement with a service provider in Montana to provide Sentinum with operations and asset management services and access to approximately 20 megawatts (“MWs”) of energy capacity and other critical infrastructure to be used for Sentinum’s Bitcoin mining operations. Sentinum has delivered approximately 6,800 Antminers (“Antminers”) to the service provider’s data center, which have been installed and are ready for operation. In addition, Sentinum recently completed the reenergizing of approximately 10 MWs of power at its Montana facility and resumed Bitcoin mining operations, with approximately 2,600 Antminers operational today, which is anticipated to be increased to approximately 3,200 Antminers by the end of July 2025.

    “The activation of two additional Bitcoin mining sites marks a significant step forward for our Bitcoin mining operations, with approximately 18,200 Antminers operational,” said William Horne, CEO of Hyperscale Data. “With approximately $11.2 million in year-to-date Bitcoin mining revenue, and a significant increase in expected topline revenue for the third and fourth quarters of 2025, we’re demonstrating the strength of our infrastructure and the momentum behind our strategy. We remain committed to maximizing efficiency and delivering long-term value to our stockholders.”

    Hyperscale Data notes that all estimates and other projections are subject to the volatility in Bitcoin’s market price, the fluctuation in the mining difficulty level, the ability to deliver and provide the necessary power for miners, the obligation to deliver Bitcoin mined as payment towards fees and deposits until paid in full, full utilization of the miners, which includes the right of our service provider to turn off Antminers when energy prices are unfavorable for Bitcoin mining, and other factors that may impact the results of Bitcoin mining production or operations. In addition, Hyperscale Data cautions that revenue will only be recognized to the extent that Bitcoin (or cash upon the sale of Bitcoin) is deposited into our account, which amount will be less than the value of all Bitcoin mined.

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

    About Hyperscale Data, Inc.

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

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

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

    Forward-Looking Statements

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

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

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

    The MIL Network –

    July 8, 2025
  • MIL-OSI Asia-Pac: Speech by CE at South China Morning Post China Conference 2025 (English only) (with photos/video)

    Source: Hong Kong Government special administrative region – 4

         Following is the speech by the Chief Executive, Mr John Lee, at the South China Morning Post China Conference 2025 today (July 8):

    Ms Catherine So (Chief Executive Officer of the South China Morning Post), Ms Tammy Tam (Editor-in-Chief of the South China Morning Post), Mr Steve Finch (President and Chief Executive Officer of Manulife Asia), distinguished guests, ladies and gentlemen, 

    Good morning. It’s a pleasure to join you here, once again, at the South China Morning Post’s annual China Conference – the 11th edition.

    More than 700 of you are here for this year’s gathering. Some 300s are joining us, virtually, at this forum for business, trade, finance, investment and technology. All of you keen on getting the latest intelligence and insights, developments and business opportunities – in Hong Kong, throughout China and beyond. 

    The theme of this China Conference is “Where Capital Meets Innovation” – an apt description of the strengths of China, our country, and how Hong Kong contributes to its rise. That provides the world with much-needed certainty, especially in this difficult time.

    This year’s international trade uncertainties, and chaos, may well continue amidst the rise of protectionism and unilateralism. The global economy is grappling with profound instability, escalating geopolitical risks and the wholesale reshaping of long-existing trading systems.

    In spite of a damaged global trade order, the expanding trade and capital flows of China, our country, help buoy the economy of the region and the world.

    The Mainland economy has sound fundamentals, a vast domestic market and the robust policies in place to withstand external challenges. In the first quarter of this year, the country’s GDP (Gross Domestic Product) grew by 5.4 per cent, and key economic indicators have kept improving since the beginning of the second quarter – simply said, China, our country, is well on its way to achieving the official growth target of around 5 per cent for 2025.

    As for Hong Kong, our economy expanded solidly by 3.1 per cent in the first quarter of 2025, supported by visible increases in exports and the resumption of moderate growth in overall investment expenditure. We forecast real GDP growth of 2 per cent to 3 per cent in this year.

    Last week, we celebrated the 28th anniversary of the Hong Kong Special Administrative Region’s establishment. That happy occasion was a welcome opportunity to thank our country for championing Hong Kong through the “one country, two systems” principle, as well as the national strategies and made-for-Hong Kong initiatives it supports us with.

    Last month, the World Competitiveness Yearbook ranked Hong Kong third in the world in global competitiveness, up two places from the previous year, and up four places from 2023.

    It marks Hong Kong’s return to the global top three for the first time since 2019, reflecting our commitment to change in face of today’s rising challenges.

    There’s a lot more to be grateful for. In April and May, Hong Kong’s merchandise exports showed double-digit, year-on-year growth, while visitor arrivals also brought double-digit, year-on-year increases in the second quarter.  

    And Hong Kong, in the first half of this year, has been the world’s largest IPO (initial public offering) fundraising market, raising over US$13 billion. That’s up a whopping 22 per cent, compared with the full-year figure last year.

    It speaks of Hong Kong’s long-standing appeal as a safe haven for Chinese and international capital and a bridge for global investors. 

    Hong Kong is, after all, the most internationalised city in the country. We offer the world a market-friendly business environment underpinned by the rule of law. We are the only common law jurisdiction in our country, with a legal system and regulatory regime similar to most global financial hubs. And we present business and investment advantages unmatched by any other city in the world.

    Last year, the total number of local registered companies reached its record high, surpassing 1.46 million. And the total number of non-local companies registered here also reached a record high, and was over 15 000. Both figures continue to show encouraging growth this year. 

    Since January 2023, Invest Hong Kong, our dedicated investment promotion agency, has assisted more than 1 300 Mainland and overseas companies in setting up or expanding their business in Hong Kong. These companies bring in foreign direct investment of over US$21 billion to our economy, creating over 19 000 jobs.

    When I assumed office as Chief Executive three years ago, I established the Office for Attracting Strategic Enterprises. My aim is to offer, through this Office, one-stop facilitation services and  tailor-made incentives to attract strategic enterprises to our city and foster innovation and economic growth. 

    The Office has brought in 84 strategic companies, from such high-tech industries as advanced manufacturing and new energy technology, AI and data science, fintech and life and health technology. The strategic companies will invest about US$6.4 billion in the next few years, creating over 20 000 jobs. 

    We also launched a new scheme in May this year to create a company re-domiciliation regime to attract companies to Hong Kong. It provides a convenient, safe and secure pathway for companies to re-domicile to Hong Kong. Different companies have already expressed their interest to the regime and two international insurance giants – as Mr Finch is surely aware – have announced they will officially re-domicile to Hong Kong. Good business always makes right decisions.

    These companies all gave their strong vote of confidence in the development of Hong Kong and the country, and will help attract a wealth of partners and related companies to this part of the globe.

    Another strong advantage Hong Kong offers to overseas companies here, old or new, is our easy access to the Mainland market. We are certainly a front runner in this regard. 

    That’s in no small part thanks to the Mainland and Hong Kong Closer Economic Partnership Arrangement, or CEPA, our de facto free trade agreement with the Mainland that provides preferential treatment to Hong Kong companies, facilitating smoother access to the Mainland’s vast market.

    A new amendment agreement under the CEPA Agreement on Trade in Services entered into force this March. It includes the removal of the qualifying period requirement on Hong Kong service suppliers in most sectors, meaning our many new companies can also benefit from the arrangement’s facilitation measures in accessing the Mainland market.

    Together with new initiatives that allow Hong Kong-invested enterprises to adopt Hong Kong law and choose Hong Kong as the seat for arbitration in their operation in a range of Mainland cities, CEPA provides a wide range of innovative enhancements that help a world of investors better capitalise on China’s growth opportunities, with the help of Hong Kong’s world-class professional services.

    Then there’s technological innovation, including artificial intelligence. AI advancements are transforming production, business and consumption patterns. They are redefining the core competitiveness of economies.

    These trends create new opportunities for Hong Kong, particularly in our deepening integration with the Guangdong-Hong Kong-Macao Greater Bay Area, a cluster city development that brings together Hong Kong, Macao, and nine southern cities on the Mainland.

    With a population exceeding 87 million and a GDP of more than US$2 trillion last year, similar to the size of the 10th largest economy in the world, the Greater Bay Area is among the most open and economically vibrant regions in the country. 

    The Shenzhen-Hong Kong-Guangzhou science and technology cluster, which includes three of the Greater Bay Area’s core cities, has been ranked second, globally, for five consecutive years in the Global Innovation Index, published by the World Intellectual Property Organization. 

    Drawing together Hong Kong’s research capabilities and business competitiveness, as well as the Mainland’s innovation and advanced manufacturing prowess, the Greater Bay Area endeavours to become a world-leading I&T (innovation and technology) hub.

    One spectacular example is the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, an area that straddles our boundary with Shenzhen. It will develop into a cutting-edge advanced technology centre that converges the strengths of Hong Kong and Shenzhen. Last November, the HKSAR (Hong Kong Special Administrative Region) Government published the Development Outline for the Hong Kong Park in the co-operation zone.

    The Park’s first three buildings have been completed, and the Greater Bay Area International Clinical Trial Institute opened last November at Hong Kong Park.

    That’s just the beginning. Artificial intelligence, new energy vehicles, the low-altitude economy, fintech, and more, are thriving in the Greater Bay Area. And as the Park enters into the operational phase this year, more of these companies will be joining us.

    Beyond I&T, we have seen the successful introduction of a wide variety of policy initiatives with the Greater Bay Area, including measures for the two-way flow of talent, schemes for supporting youth innovation, entrepreneurship and employment, and policies to facilitate mutual travel.

    And the promise of further co-operation between Hong Kong and the rest of the Greater Bay Area and the Mainland is boundless.

    Ladies and gentlemen, when we talk of China’s might, many of us immediately look to the maiden visit to Hong Kong over the past weekend of the first domestically built aircraft carrier of China, our country, the Shandong. Although the fleet has just bid us farewell yesterday, the awe and pride it drew among the people of Hong Kong over its five-day visit will be long-lasting.

    More than a display of maritime strength, the fleet showcases our country’s commitment to peacekeeping and regional stability. And much like how the Shandong docked in our safe harbour, Hong Kong is where the country anchors its trust.

    In this era of fogged horizons, China does not just project power – it radiates investible stability. And Hong Kong is the “super connector” and “super value-adder” that links the world with opportunities from China’s growth and certainties. A link you can always bank on.

    Amid an ever changing geopolitical landscape and constantly escalating uncertainties, Hong Kong is the place that promises security and development. This certainty of security and development is precisely what a world of investors need and thirst for. 

    Together, we will fully seize development opportunities, keep boosting our competitiveness, undertake reforms for progress, and foster innovation. The wisdom and wealth of experience of the people of Hong Kong will help the Pearl of the Orient shine brighter than ever on the world stage.

    My thanks to the South China Morning Post for organising this essential, always eventful, annual gathering. 

    I wish you all a rewarding conference. And the best of business in the second half of 2025, a year that will surely be full of opportunities and rewards. Thank you.

    MIL OSI Asia Pacific News –

    July 8, 2025
  • MIL-OSI Asia-Pac: First Digital Education Week by Education Bureau concludes

    Source: Hong Kong Government special administrative region – 4

    The first Digital Education Week (DEW) organised by the Education Bureau (EDB) concluded yesterday (July 7). The two flagship events of the DEW, including the Learning and Teaching Expo 2025 (LTE 2025) and the International Summit on the Use of AI in Learning and Teaching Languages and Other Subjects and Post-Summit Workshop Series, attracted over 24 000 participants altogether, providing opportunities for education professionals to gain further insights into the latest developments in educational technology and inspiring them to apply emerging technologies to enhance learning and teaching effectiveness.

    The Summit, jointly organised by the EDB, the Standing Committee on Language Education and Research, the Hong Kong Polytechnic University, and the Hong Kong Education City (EdCity), was held from July 4 to 7, attracting over 4 500 participants. The LTE 2025, was held from July 2 to 4, supported by the EDB, presented by EdCity and organised by the Smart City Consortium, attracted over 20 000 participants, setting a new record for attendance. Themed “Education: A Shared Future for All”, the LTE 2025 convened global educators, education leaders and innovators. Through keynote speeches, seminars, workshops and product showcases, participants explored innovative pedagogies and educational technology applications while shaping future educational directions.

    The LTE 2025 featured over 600 exhibition booths and introduced the Mainland and International Pavilions (including Singapore and Korea) to foster cross-regional collaborative exchanges. The Principals’ Conference, for the first time, brought together over 200 Hong Kong school principals for a 1.5-day “VASK” immersive experience, comprising seminars and expert discussions focused on “Values, Attitudes, Skills, and Knowledge”. A newly introduced Kids’ AI Summit engaged approximately 100 Hong Kong primary and secondary school students in a three-minute speech session, where they shared insights on AI in education, child well-being, and future careers. Additionally, over 270 keynote speeches, seminars, and demonstration classes showcased innovative teaching solutions and trends in technology applications, with more than 300 experts sharing their experiences in integrating AI and educational technology into teaching.

    The Summit included three main components: the Summit itself, a series of workshops, and the technology showcase. Participants engaged in different segments based on their backgrounds, needs, and interests. The first two days of the Summit featured keynote speeches from five top experts in AI education, namely Associate Professor of the Graduate School of Education at Stanford University, the United States, Professor Victor Lee; the Director of the Artificial Intelligence and Digital Competency Education Centre at the Education University of Hong Kong, Professor Kong Siu-cheung; Professor of the School of Animation and Digital Arts at the Communication University of China Professor Lyu Xin; Professor of Sociolinguistics at the University of Reading, the United Kingdom, Professor Rodney Jones; and the Director for Education and Skills at the Organisation for Economic Co-operation and Development, Mr Andreas Schleicher. In addition to keynote speeches, the Summit arranged for scholars from around the world to present 83 papers and conducted seven teaching demonstrations by frontline teachers from Hong Kong and the Mainland.

    In the following two days, 11 workshops were held in Cantonese, Putonghua, or English, allowing participants to experience various AI educational tools and engage in in-depth discussions on ethical issues related to AI literacy and applications. Additionally, 20 exhibiting organisations and technology companies participated in the technology showcase, displaying cutting-edge tools and software to demonstrate the potential of AI in the teaching and learning of languages and other subjects.

    The first DEW has made a positive impact on the education sector, enhancing teachers’ and students’ understanding of digital education and the application of related educational technologies. The rich activities provided during the DEW comprehensively showcased the latest educational technologies, resources, and teaching methods from around the world, inspiring innovative thinking among educators. Through various rich interactive sessions, participants not only had the opportunities to engage with a wide range of effective innovative technology solutions to enhance learning and teaching, but the public awareness of future educational trends has also been strengthened.

    The series of activities during this year’s DEW was well received by various sectors, with total participation exceeding 24 000 visitors. Despite teachers and students being busy with post-examination activities, they actively supported the events, fully demonstrating the appeal and foresight of the themes of the two flagship events of this year’s DEW. It also reflected the intensive attention and support from the academic community and relevant stakeholders for the development of digital education in Hong Kong.

    MIL OSI Asia Pacific News –

    July 8, 2025
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