Category: Asia Pacific

  • MIL-OSI: Prairie Operating Co. Expands Senior Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, TX, May 06, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) – an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin – today announced the appointment of Maree K. Delgado, CPA, as Senior Vice President of Accounting & Controller.

    With over two decades of experience across financial accounting, regulatory compliance, and risk management, primarily within the energy sector, Ms. Delgado brings a proven track record of building and leading high-performing finance teams through both growth and transformation. Her appointment reflects Prairie’s continued focus on operational excellence, financial discipline, and strong governance as it scales its DJ Basin platform.

    Most recently, Ms. Delgado served as E&P Controller at Antero Resources Corporation, where she led all aspects of financial reporting, SOX compliance, treasury, and revenue accounting. During her tenure, she played a critical role in implementing strategic financial partnerships, driving internal efficiencies, and overseeing two major system implementations. Prior to Antero, she held key executive roles at Ultra Petroleum Corp (now PureWest Energy), including Vice President and Chief Accounting Officer, where she managed accounting, tax, treasury, and marketing back-office operations through significant corporate transitions.

    Ms. Delgado is a Certified Public Accountant and holds a Bachelor of Commerce in Accounting and Business Law from Curtin University of Technology in Western Australia. She is licensed in the state of Colorado and brings global audit experience from her time at KPMG, where she managed energy-focused audits across multiple continents.

    “Maree is a proven leader with deep experience across all facets of energy accounting, financial reporting, and compliance,” said Greg Patton, EVP and CFO of Prairie. “On behalf of the Prairie team, I’d like to welcome her to the team as we continue executing our strategic growth plan.”

    About Prairie Operating Co.

    Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation. More information about the Company can be found at www.prairieopco.com.

    Forward-Looking Statement

    The information included herein and in any oral statements made in connection herewith include “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 statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “strive”, “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

    Investor Relations Contact:
    Wobbe Ploegsma
    info@prairieopco.com 
    832.274.3449

    The MIL Network

  • MIL-OSI: Datadog Announces First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    First quarter revenue grew 25% year-over-year to $762 million

    Robust growth of larger customers, with about 3,770 $100k+ ARR customers, up from about 3,340 a year ago

    Announced 2025 DASH user conference, June 10-11, in New York City

    NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) — Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its first quarter ended March 31, 2025.

    “Datadog executed solidly in the first quarter, with 25% year-over-year revenue growth, $272 million in operating cash flow, and $244 million in free cash flow,” said Olivier Pomel, co-founder and CEO of Datadog.

    Pomel added, “We are innovating rapidly across the Datadog platform, to help customers observe, secure, and act to solve mission-critical business problems in their modern, cloud environments.”

    First Quarter 2025 Financial Highlights:

    • Revenue was $762 million, an increase of 25% year-over-year.
    • GAAP operating loss was $(12) million; GAAP operating margin was (2)%.
    • Non-GAAP operating income was $167 million; non-GAAP operating margin was 22%.
    • GAAP net income per diluted share was $0.07; non-GAAP net income per diluted share was $0.46.
    • Operating cash flow was $272 million, with free cash flow of $244 million.
    • Cash, cash equivalents, and marketable securities were $4.4 billion as of March 31, 2025.

    First Quarter & Recent Business Highlights:

    • As of March 31, 2025, we had about 3,770 customers with ARR of $100,000 or more, an increase of 13% from about 3,340 as of March 31, 2024.
    • Acquired Eppo, a feature flagging and experimentation platform, which will tightly integrate with Datadog’s existing Product Analytics suite.
    • Released the new report, State of DevSecOps 2025, which found that only a fraction of critical vulnerabilities are truly worth prioritizing.
    • Acquired Metaplane, an end-to-end data observability platform that provides advanced machine learning-powered monitoring and column-level lineage to prevent, detect and resolve data quality issues across a company’s entire data stack.
    • Named a Leader in The Forrester Wave™: AIOps Platforms, Q2 2025. Datadog’s AIOps solutions include Bits AI, Watchdog and Event Management.
    • Highlighted multiple recent product launches at Google Cloud Next, including expanded monitoring capabilities for BigQuery.
    • Announced plans for a new data center to be located in Australia. The data center instance will be Datadog’s first in Australia and adds to existing locations in North America, Asia, and Europe.
    • Opened registration for DASH, Datadog’s eighth annual global conference for CIOs, CISOs, developers, SREs, and security and operations professionals, to build and scale the next generation of applications, infrastructure, security, GenAI and teams. The conference will take place June 10-11, 2025 at North Javits Center in New York City.

    Second Quarter and Full Year 2025 Outlook:

    Based on information as of today, May 6, 2025, Datadog is providing the following guidance:

    • Second Quarter 2025 Outlook:
      • Revenue between $787 million and $791 million.
      • Non-GAAP operating income between $148 million and $152 million.
      • Non-GAAP net income per share between $0.40 and $0.42, assuming approximately 361 million weighted average diluted shares outstanding.
    • Full Year 2025 Outlook:
      • Revenue between $3.215 billion and $3.235 billion.
      • Non-GAAP operating income between $625 million and $645 million.
      • Non-GAAP net income per share between $1.67 and $1.71, assuming approximately 362 million weighted average diluted shares outstanding.

    Datadog has not reconciled its expectations as to non-GAAP operating income, or as to non-GAAP net income per share, to their most directly comparable GAAP measure as a result of uncertainty regarding, and the potential variability of, reconciling items such as stock-based compensation and employer payroll taxes on equity incentive plans. Accordingly, reconciliation is not available without unreasonable effort, although it is important to note that these factors could be material to Datadog’s results computed in accordance with GAAP.

    Conference Call Details:

    • What: Datadog financial results for the first quarter of 2025 and outlook for the second quarter and the full year 2025
    • When: May 6, 2025 at 8:00 A.M. Eastern Time (5:00 A.M. Pacific Time)
    • Dial in: To access the call in the U.S., please register here. Callers are encouraged to dial into the call 10 to 15 minutes prior to the start to prevent any delay in joining.
    • Webcast: https://investors.datadoghq.com (live and replay)
    • Replay: A replay of the call will be archived on the investor relations website

    About Datadog

    Datadog is the observability and security platform for cloud applications. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, user experience monitoring, cloud security and many other capabilities to provide unified, real-time observability and security for our customers’ entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior, and track key business metrics.

    Forward-Looking Statements

    This press release and the earnings call referencing this press release contain “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to statements regarding Datadog’s strategy, product and platform capabilities, the growth in and ability to capitalize on long-term market opportunities including the pace and scope of cloud migration and digital transformation, gross margins and operating margins including with respect to third-party cloud infrastructure hosting costs, sales and marketing, research and development expenses, net interest and other income, cash taxes, investments and capital expenditures, and Datadog’s future financial performance, including its outlook for the second quarter and the full year 2025 and related notes and assumptions. These forward-looking statements are based on Datadog’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause Datadog’s actual results, performance or achievements to differ materially from those expressed or implied in any forward-looking statement.

    The risks and uncertainties referred to above include, but are not limited to (1) our recent rapid growth may not be indicative of our future growth; (2) our history of operating losses; (3) our limited operating history; (4) our dependence on existing customers purchasing additional subscriptions and products from us and renewing their subscriptions; (5) our ability to attract new customers; (6) our ability to effectively develop and expand our sales and marketing capabilities; (7) risk of a security breach; (8) risk of interruptions or performance problems associated with our products and platform capabilities; (9) our ability to adapt and respond to rapidly changing technology or customer needs; (10) the competitive markets in which we participate; (11) risks associated with successfully managing our growth; and (12) general market, political, economic, and business conditions including concerns about trade policies, tariffs, reduced economic growth and associated decreases in information technology spending. These risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission (SEC), including in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 20, 2025. Additional information will be made available in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other filings and reports that we may file from time to time with the SEC. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. Forward-looking statements represent our beliefs and assumptions only as of the date of this press release. We disclaim any obligation to update forward-looking statements.

    About Non-GAAP Financial Measures

    Datadog discloses the following non-GAAP financial measures in this release and the earnings call referencing this press release: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses (research and development, sales and marketing and general and administrative), non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per diluted share, non-GAAP net income (loss) per basic share, free cash flow and free cash flow margin. Datadog uses each of these non-GAAP financial measures internally to understand and compare operating results across accounting periods, for internal budgeting and forecasting purposes, for short- and long-term operating plans, and to evaluate Datadog’s financial performance. Datadog believes they are useful to investors, as a supplement to GAAP measures, in evaluating its operational performance, as further discussed below. Datadog’s non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in its industry, as other companies in its industry may calculate non-GAAP financial results differently, particularly related to non-recurring and unusual items. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP and may be different from non-GAAP financial measures used by other companies and exclude expenses that may have a material impact on Datadog’s reported financial results.

    Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. A reconciliation of the historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release.

    Datadog defines non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses (research and development, sales and marketing and general and administrative), non-GAAP operating income (loss), non-GAAP operating margin and non-GAAP net income (loss) as the respective GAAP balances, adjusted for, as applicable: (1) stock-based compensation expense; (2) the amortization of acquired intangibles; (3) employer payroll taxes on employee stock transactions; (4) amortization of issuance costs; and (5) an assumed provision for income taxes based on our long-term projected tax rate. Our estimated long-term projected tax rate is subject to change for a variety of reasons, including the rapidly evolving global tax environment, significant changes in Datadog’s geographic earnings mix, or other changes to our strategy or business operations. We will re-evaluate our long-term projected tax rate as appropriate. Datadog defines free cash flow as net cash provided by operating activities, minus capital expenditures and minus capitalized software development costs, if any. Investors are encouraged to review the reconciliation of these historical non-GAAP financial measures to their most directly comparable GAAP financial measures.

    Management believes these non-GAAP financial measures are useful to investors and others in assessing Datadog’s operating performance due to the following factors:

    Stock-based compensation. Datadog utilizes stock-based compensation to attract and retain employees. It is principally aimed at aligning their interests with those of its stockholders and at long-term retention, rather than to address operational performance for any particular period. As a result, stock-based compensation expenses vary for reasons that are generally unrelated to financial and operational performance in any particular period.

    Amortization of acquired intangibles. Datadog views amortization of acquired intangible assets as items arising from pre-acquisition activities determined at the time of an acquisition. While these intangible assets are evaluated for impairment regularly, amortization of the cost of acquired intangibles is an expense that is not typically affected by operations during any particular period.

    Employer payroll taxes on employee stock transactions. Datadog excludes employer payroll tax expense on equity incentive plans as these expenses are tied to the exercise or vesting of underlying equity awards and the price of Datadog’s common stock at the time of vesting or exercise. As a result, these taxes may vary in any particular period independent of the financial and operating performance of Datadog’s business.

    Amortization of issuance costs. In June 2020 and December 2024, Datadog issued $747.5 million of 0.125% convertible senior notes due 2025 and $1.0 billion of 0% convertible senior notes due 2029, respectively. Debt issuance costs, which reduce the carrying value of the convertible debt instrument, are amortized as interest expense over the term. The expense for the amortization of debt issuance costs is a non-cash item, and we believe the exclusion of this interest expense will provide for a more useful comparison of our operational performance in different periods.

    Additionally, Datadog’s management believes that the non-GAAP financial measure free cash flow is meaningful to investors because it is a measure of liquidity that provides useful information in understanding and evaluating the strength of our liquidity and future ability to generate cash that can be used for strategic opportunities or investing in our business. Free cash flow represents net cash provided by operating activities, reduced by capital expenditures and capitalized software development costs, if any. The reduction of capital expenditures and amounts capitalized for software development facilitates comparisons of Datadog’s liquidity on a period-to-period basis and excludes items that management does not consider to be indicative of our liquidity.

    Operating Metrics

    Datadog’s number of customers with ARR of $100,000 or more is based on the ARR of each customer, as of the last month of the quarter.

    We define the number of customers as the number of accounts with a unique account identifier for which we have an active subscription in the period indicated. Users of our free trials or tier are not included in our customer count. A single organization with multiple divisions, segments or subsidiaries is generally counted as a single customer. However, in some cases where they have separate billing terms, we may count separate divisions, segments or subsidiaries as multiple customers.

    We define ARR as the annualized revenue run-rate of subscription agreements from all customers at a point in time. We calculate ARR by taking the monthly recurring revenue, or MRR, and multiplying it by 12. MRR for each month is calculated by aggregating, for all customers during that month, monthly revenue from committed contractual amounts, additional usage, usage from subscriptions for a committed contractual amount of usage that is delivered as used, and monthly subscriptions. ARR and MRR should be viewed independently of revenue, and do not represent our revenue under GAAP on a monthly or annualized basis, as they are operating metrics that can be impacted by contract start and end dates and renewal rates. ARR and MRR are not intended to be replacements or forecasts of revenue.

     
    Datadog, Inc.
    Condensed Consolidated Statements of Operations
    (In thousands, except per share data; unaudited)
     
        Three Months Ended
    March 31,
          2025       2024  
    Revenue   $ 761,553     $ 611,253  
    Cost of revenue (1)(2)(3)     157,628       110,098  
    Gross profit     603,925       501,155  
    Operating expenses:        
    Research and development (1)(3)     341,061       269,988  
    Sales and marketing (1)(2)(3)     214,291       173,881  
    General and administrative (1)(3)     60,993       45,290  
    Total operating expenses     616,345       489,159  
    Operating (loss) income     (12,420 )     11,996  
    Other income:        
    Interest expense (4)     (2,963 )     (1,374 )
    Interest income and other income, net     47,179       35,563  
    Other income, net     44,216       34,189  
    Income before provision for income taxes     31,796       46,185  
    Provision for income taxes     7,154       3,554  
    Net income   $ 24,642     $ 42,631  
    Net income per share – basic   $ 0.07     $ 0.13  
    Net income per share – diluted   $ 0.07     $ 0.12  
    Weighted average shares used in calculating net income per share:        
    Basic     343,097       331,806  
    Diluted     363,078       355,979  
    (1) Includes stock-based compensation expense as follows:        
    Cost of revenue   $ 6,651     $ 5,527  
    Research and development     105,735       88,413  
    Sales and marketing     34,125       28,531  
    General and administrative     17,754       12,562  
    Total   $ 164,265     $ 135,033  
    (2) Includes amortization of acquired intangibles as follows:        
    Cost of revenue   $ 894     $ 2,027  
    Sales and marketing     203       205  
    Total   $ 1,097     $ 2,232  
    (3) Includes employer payroll taxes on employee stock transactions as follows:                
    Cost of revenue   $ 186     $ 192  
    Research and development     9,582       10,819  
    Sales and marketing     1,570       2,153  
    General and administrative     2,225       2,057  
    Total   $ 13,563     $ 15,221  
    (4) Includes amortization of issuance costs as follows:        
    Interest expense   $ 1,819     $ 850  
    Total   $ 1,819     $ 850  
    Datadog, Inc.
    Condensed Consolidated Balance Sheets
    (In thousands; unaudited)
     
        March 31,
    2025
      December 31,
    2024
    ASSETS        
    CURRENT ASSETS:        
    Cash and cash equivalents   $ 1,079,854     $ 1,246,983  
    Marketable securities     3,369,820       2,942,076  
    Accounts receivable, net of allowance for credit losses of $17,707 and $16,302 as of March 31, 2025 and December 31, 2024, respectively     490,172       598,919  
    Deferred contract costs, current     58,832       56,095  
    Prepaid expenses and other current assets     77,660       67,042  
    Total current assets     5,076,338       4,911,115  
    Property and equipment, net     249,916       226,970  
    Operating lease assets     203,074       172,512  
    Goodwill     361,738       360,381  
    Intangible assets, net     2,626       3,711  
    Deferred contract costs, non-current     90,501       86,573  
    Other assets     26,188       24,077  
    TOTAL ASSETS   $ 6,010,381     $ 5,785,339  
    LIABILITIES AND STOCKHOLDERS’ EQUITY        
    CURRENT LIABILITIES:        
    Accounts payable   $ 98,442     $ 107,731  
    Accrued expenses and other current liabilities     138,238       127,136  
    Operating lease liabilities, current     34,228       31,970  
    Convertible senior notes, net, current     634,780       634,023  
    Deferred revenue, current     949,135       961,853  
    Total current liabilities     1,854,823       1,862,713  
    Operating lease liabilities, non-current     227,974       196,905  
    Convertible senior notes, net, non-current     980,314       979,282  
    Deferred revenue, non-current     21,560       22,693  
    Other liabilities     9,036       9,383  
    Total liabilities     3,093,707       3,070,976  
    STOCKHOLDERS’ EQUITY:        
    Common stock     3       3  
    Additional paid-in capital     2,860,643       2,689,013  
    Accumulated other comprehensive income (loss)     1,338       (4,701 )
    Retained earnings     54,690       30,048  
    Total stockholders’ equity     2,916,674       2,714,363  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 6,010,381     $ 5,785,339  
    Datadog, Inc.
    Condensed Consolidated Statements of Cash Flow
    (In thousands; unaudited)
     
        Three Months Ended
    March 31,
          2025       2024  
    CASH FLOWS FROM OPERATING ACTIVITIES:        
    Net income   $ 24,642     $ 42,631  
    Adjustments to reconcile net income to net cash provided by operating activities:        
    Depreciation and amortization     11,255       12,895  
    Accretion of discounts on marketable securities     (10,370 )     (14,126 )
    Amortization of issuance costs     1,819       850  
    Amortization of deferred contract costs     14,853       11,844  
    Stock-based compensation, net of amounts capitalized     164,265       135,033  
    Non-cash lease expense     8,389       6,810  
    Allowance for credit losses on accounts receivable     4,520       2,732  
    (Gain) loss on disposal of property and equipment     (145 )     43  
    Changes in operating assets and liabilities:        
    Accounts receivable, net     104,227       55,490  
    Deferred contract costs     (21,519 )     (12,636 )
    Prepaid expenses and other current assets     (10,263 )     (14,075 )
    Other assets     (1,217 )     2,614  
    Accounts payable     (10,712 )     (17,122 )
    Accrued expenses and other liabilities     5,648       (7,433 )
    Deferred revenue     (13,851 )     6,720  
    Net cash provided by operating activities     271,541       212,270  
    CASH FLOWS FROM INVESTING ACTIVITIES:        
    Purchases of marketable securities     (970,302 )     (637,351 )
    Maturities of marketable securities     555,938       401,666  
    Proceeds from sale of marketable securities     (76 )      
    Purchases of property and equipment     (8,748 )     (14,158 )
    Capitalized software development costs     (18,402 )     (11,365 )
    Cash paid for acquisition of businesses; net of cash acquired     (1,818 )      
    Net cash used in investing activities     (443,408 )     (261,208 )
    CASH FLOWS FROM FINANCING ACTIVITIES:        
    Proceeds from exercise of stock options     1,673       2,191  
    Repayments of 2025 Convertible Senior Notes     (20 )      
    Net cash provided by financing activities     1,653       2,191  
             
    Effect of exchange rate changes on cash and cash equivalents     3,085       (1,374 )
             
    NET DECREASE IN CASH AND CASH EQUIVALENTS     (167,129 )     (48,121 )
    CASH AND CASH EQUIVALENTS—Beginning of period     1,246,983       330,339  
    CASH AND CASH EQUIVALENTS—End of period   $ 1,079,854     $ 282,218  
    Datadog, Inc.
    Reconciliation from GAAP to Non-GAAP Results
    (In thousands, except per share data; unaudited)
     
        Three Months Ended
    March 31,
          2025       2024  
    Reconciliation of gross profit and gross margin        
    GAAP gross profit   $ 603,925     $ 501,155  
    Plus: Stock-based compensation expense     6,651       5,527  
    Plus: Amortization of acquired intangibles     894       2,027  
    Plus: Employer payroll taxes on employee stock transactions     186       192  
    Non-GAAP gross profit   $ 611,656     $ 508,901  
    GAAP gross margin     79 %     82 %
    Non-GAAP gross margin     80 %     83 %
             
    Reconciliation of operating expenses        
    GAAP research and development   $ 341,061     $ 269,988  
    Less: Stock-based compensation expense     (105,735 )     (88,413 )
    Less: Employer payroll taxes on employee stock transactions     (9,582 )     (10,819 )
    Non-GAAP research and development   $ 225,744     $ 170,756  
             
    GAAP sales and marketing   $ 214,291     $ 173,881  
    Less: Stock-based compensation expense     (34,125 )     (28,531 )
    Less: Amortization of acquired intangibles     (203 )     (205 )
    Less: Employer payroll taxes on employee stock transactions     (1,570 )     (2,153 )
    Non-GAAP sales and marketing   $ 178,393     $ 142,992  
             
    GAAP general and administrative   $ 60,993     $ 45,290  
    Less: Stock-based compensation expense     (17,754 )     (12,562 )
    Less: Employer payroll taxes on employee stock transactions     (2,225 )     (2,057 )
    Non-GAAP general and administrative   $ 41,014     $ 30,671  
             
    Reconciliation of operating (loss) income and operating margin        
    GAAP operating (loss) income   $ (12,420 )   $ 11,996  
    Plus: Stock-based compensation expense     164,265       135,033  
    Plus: Amortization of acquired intangibles     1,097       2,232  
    Plus: Employer payroll taxes on employee stock transactions     13,563       15,221  
    Non-GAAP operating income   $ 166,505     $ 164,482  
    GAAP operating margin     (2 )%     2 %
    Non-GAAP operating margin     22 %     27 %
    Datadog, Inc.
    Reconciliation from GAAP to Non-GAAP Results
    (In thousands, except per share data; unaudited)
     
        Three Months Ended
    March 31,
          2025       2024  
    Reconciliation of net income (loss)        
    GAAP net income (loss)   $ 24,642     $ 42,631  
    Plus: Stock-based compensation expense     164,265       135,033  
    Plus: Amortization of acquired intangibles     1,097       2,232  
    Plus: Employer payroll taxes on employee stock transactions     13,563       15,221  
    Plus: Amortization of issuance costs     1,819       850  
    Non-GAAP net income before non-GAAP tax adjustments   $ 205,386     $ 195,967  
    Income tax effects and adjustments (1)     37,479       38,345  
    Non-GAAP net income after non-GAAP tax adjustments   $ 167,907     $ 157,622  
    Net income per share before non-GAAP tax adjustments – basic   $ 0.60     $ 0.59  
    Net income per share before non-GAAP tax adjustments – diluted   $ 0.57     $ 0.55  
             
    Net income per share after non-GAAP tax adjustments – basic   $ 0.49     $ 0.48  
    Net income per share after non-GAAP tax adjustments – diluted   $ 0.46     $ 0.44  
             
    Shares used in non-GAAP net income per share calculations:        
    Basic     343,097       331,806  
    Diluted     363,078       355,979  
    ___________________
    1) Non-GAAP financial information for the periods shown are adjusted for an assumed provision for income taxes based on our long-term projected tax rate of 21%. Due to the differences in the tax treatment of items excluded from non-GAAP earnings, our estimated tax rate on non-GAAP income may differ from our GAAP tax rate and from our actual tax liabilities.
    Datadog, Inc.
    Reconciliation of GAAP Cash Flow from Operating Activities to Free Cash Flow
    (In thousands; unaudited)
     
        Three Months Ended
    March 31,
          2025       2024  
    Net cash provided by operating activities   $ 271,541     $ 212,270  
    Less: Purchases of property and equipment     (8,748 )     (14,158 )
    Less: Capitalized software development costs     (18,402 )     (11,365 )
    Free cash flow   $ 244,391     $ 186,747  
    Free cash flow margin     32 %     31 %

    Contact Information
    Yuka Broderick
    Datadog Investor Relations
    IR@datadoghq.com

    Dan Haggerty
    Datadog Public Relations
    Press@datadoghq.com

    Datadog is a registered trademark of Datadog, Inc.
    All product and company names herein may be trademarks of their registered owners.

    The MIL Network

  • MIL-OSI: Lantronix to Participate in the 22nd Annual Craig-Hallum Institutional Investor Conference on May 28, 2025

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., May 06, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that Lantronix CEO Saleel Awsare and CFO Brent Stringham will participate in one-on-one meetings with investors at the 22nd Annual Craig-Hallum Institutional Investor Conference to be held on May 28, 2025, at the Depot Renaissance Hotel in Minneapolis.

    Interested investors should contact Lantronix CFO Brent Stringham at investors@lantronix.com to inquire about availability for a one-on-one meeting.

    About Lantronix

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

    For more information, visit the Lantronix website.

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

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

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

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

    The MIL Network

  • MIL-OSI: ARRAY Technologies, Inc. Reports Financial Results for the First Quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    2025 First Quarter Highlights

    • Revenue of $302.4 million
    • Gross Margin of 25.3%
    • Adjusted gross margin(1) of 26.5%
    • Net income to common shareholders of $2.3 million
    • Adjusted EBITDA(1) of $40.6 million
    • Net income per basic and diluted share of $0.02
    • Adjusted net income per diluted share(1) of $0.13
    • Total executed contracts and awarded orders at March 31, 2025 were $2.0 billion
    • Successfully amended and extended our Revolving Credit Facility(2)

    ALBUQUERQUE, N.M., May 06, 2025 (GLOBE NEWSWIRE) — ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, systems and services, today announced financial results for its first quarter ended March 31, 2025.

    “ARRAY is off to a great start for 2025 with first quarter high double digits revenue growth compared with the first quarter of 2024, and achieving the second largest quarter of volume shipped since 2023, indicating solid market share recovery and the strength of our execution capabilities. We are now able to provide customers with quotes for our 100% domestic content trackers under Table I of the Inflation Reduction Act (“IRA”), an important milestone for ARRAY, reflecting our continued commitment to supply chain resilience and ability to minimize effects of geopolitical uncertainty, including tariffs. With electricity demand increasing and utility-scale solar being the lowest cost and fastest-growing energy source, domestic customers are expressing greater interest in Volume Commitment Agreements, and we are well positioned to help our customers deploy projects quickly and efficiently. We have a strong orderbook with 18% sequential growth in contracting for the quarter, gaining meaningful traction with Independent Power Producers across Europe, the Middle East and Asia, where we are seeing strong contracting momentum,” said Chief Executive Officer, Kevin G. Hostetler.

    Mr. Hostetler continued, “Amidst global economic uncertainty related to tariffs, and potential changes to the IRA, we are confident in our ability to navigate changes in the utility-scale solar landscape. As we look forward to building on a strong first quarter, we have flexibility with the strength of our available liquidity, no near-term refinancing requirements, robust operational capabilities and an agile team. We maintain our full year 2025 guidance and remain focused on long-term value creation, deepening customer partnerships, and demonstrating consistent product leadership.”

    Full Year 2025 Guidance

    For the year ending December 31, 2025, the Company maintains guidance:

    • Revenue to be in the range of $1.05 billion to $1.15 billion
    • Adjusted EBITDA(3)(4) to be in the range of $180 million to $200 million
    • Adjusted net income per share(3)(4) to be in the range of $0.60 to $0.70

    (1) A reconciliation of the most comparable GAAP measure to its Non-GAAP measure is included below.

    (2) Matures October 2028 or July 2027 if Term Loan under the Credit Agreement remains outstanding as of July 2027.

    (3) Guidance includes benefits related to the Inflation Reduction Act Section 45X Advanced Manufacturing Production Credit for torque tube and structural fastener manufacturing.

    (4) A reconciliation of projected Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA and Adjusted net income per share, which are forward-looking measures that are not prepared in accordance with GAAP, to the most directly comparable GAAP financial measures, is not provided because we are unable to provide such reconciliation without unreasonable effort. The inability to provide a quantitative reconciliation is due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the components of the applicable GAAP measures and non-GAAP adjustments may be recognized. The GAAP measures may include the impact of such items as non-cash share-based compensation, revaluation of the fair-value of our contingent consideration, and the tax effect of such items, in addition to other items we have historically excluded from Adjusted EBITDA and Adjusted net income per share. We expect to continue to exclude these items in future disclosures of these non-GAAP measures and may also exclude other similar items that may arise in the future (collectively, “non-GAAP adjustments”). The decisions and events that typically lead to the recognition of non-GAAP adjustments are inherently unpredictable as to if or when they may occur. As such, for our 2025 guidance, we have not included estimates for these items and are unable to address the probable significance of the unavailable information, which could be material to future results.

    Supplemental Presentation and Conference Call Information

    ARRAY has posted a supplemental presentation to its website, which will be discussed during the conference call hosted by management today (May 6, 2025) at 8:00 a.m. (ET). The conference call can be accessed live over the phone by dialing (877)869-3847 (domestic) or (201)689-8261 (international) and entering the passcode 13752974, or via webcast of the live conference call by logging onto the Investor Relations section of the Company’s website at http://ir.arraytechinc.com. A telephonic replay will be available approximately three hours after the call by dialing (877)660-6853 (domestic), or (201)612-7415 (international), with the passcode 13752974. The replay will be available until 11:59 p.m. (ET) on May 20, 2025. The online replay will be available for 30 days on the same website, immediately following the call.

    About ARRAY Technologies, Inc.

    ARRAY Technologies, Inc. (NASDAQ: ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, software platforms and field services combine to maximize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology – relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit arraytechinc.com.

    Investor Relations Contact:

    H. Keith Jennings
    505-437-0010
    investors@arraytechinc.com

    Media Contact:

    Nicole Stewart
    505-589-8257

    Forward-Looking Statements

    This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, financing and investment plans, competitive position, industry and regulatory environment, including potential regulatory reform related to energy credits, uncertainty relating the implementation of tariffs and changes in trade policy, ability to provide 100% domestic content trackers, expectations regarding the macroeconomic environment and geopolitical developments, including the effects of tariffs, potential growth opportunities and the effects of competition. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” “would,” “designed to” or similar expressions and the negatives of those terms.

    Array’s actual results and the timing of events could materially differ from those anticipated in such forward-looking statements as a result of certain risks, uncertainties and other factors, including without limitation: changes in the cost and availability of raw materials as a result of tariffs and other geopolitical uncertainty, changes in growth or rate of growth in demand for solar energy projects; competitive pressures within our industry; factors affecting viability and demand for solar energy, including but not limited to, the retail price of electricity, availability of in-demand components like high voltage breakers, various policies related to the permitting and interconnection costs of solar plants, and the availability of incentives for solar energy and solar energy production systems, which makes it difficult to predict our future prospects; competition from conventional and renewable energy sources; a loss of one or more of our significant customers, their inability to perform under their contracts, or their default in payment; a drop in the price of electricity derived from the utility grid or from alternative energy sources; fluctuations in our results of operations across fiscal periods, which could make our future performance difficult to predict and could cause our results of operations for a particular period to fall below expectations; any increase in interest rates, or a reduction in the availability of tax equity or project debt capital in the global financial markets, which could make it difficult for customers to finance the cost of a solar energy system; existing electric utility industry policies and regulations, and any subsequent changes or new related policies and regulations, may present technical, regulatory and economic barriers to the purchase and use of solar energy systems, which may significantly reduce demand for our products or harm our ability to compete; the interruption of the flow of materials from international vendors, which could disrupt our supply chain, including as a result of the imposition of new and/or additional duties, tariffs and other charges or restrictions on imports and exports; changes in the global trade environment, including the imposition of import tariffs or other import restrictions; geopolitical, macroeconomic and other market conditions unrelated to our operating performance including but not limited interest rates; our ability to convert our orders in backlog into revenue; the reduction, elimination or expiration, or our failure to optimize the benefits of government incentives for, or regulations mandating the use of, renewable energy and solar energy, particularly in relation to our competitors; failure to, or incurrence of significant costs in order to, obtain, maintain, protect, defend or enforce, our intellectual property and other proprietary right; delays in construction projects and any failure to manage our inventory; significant changes in the cost of raw materials; disruptions to transportation and logistics, including increases in shipping costs; defects or performance problems in our products, which could result in loss of customers, reputational damage and decreased revenue; delays, disruptions or quality control problems in our product development operations; our ability to retain our key personnel or failure to attract additional qualified personnel; additional business, financial, regulatory and competitive risks due to our continued planned expansion into new markets; cybersecurity or other data incidents, including unauthorized disclosure of personal or sensitive data or theft of confidential information; a failure to maintain an effective system of integrated internal controls over financial reporting; our substantial indebtedness, risks related to actual or threatened public health epidemics, pandemics, outbreaks or crises; changes to laws and regulations, including changes to tax laws and regulations, that are applied adversely to us or our customers, including our ability to optimize those changes brought about by the passage of the IRA or any repeal thereof; and the other risks and uncertainties described in more detail in the Company’s most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website, www.arraytechinc.com.

    Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date of this report. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

    Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Non-GAAP Financial Information

    This press release includes certain financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“GAAP”), including Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA, Adjusted net income, Adjusted net income per share, Adjusted general and administrative expense and Free cash flow.

    We define Adjusted gross profit as gross profit plus (i) amortization of developed technology and (ii) other costs if applicable. We define Adjusted gross margin as Adjusted gross profit as a percentage of revenue. We define Adjusted EBITDA as net income (loss) to common shareholders plus (i) other expense, net, (ii) foreign currency (gain) loss, net, (iii) preferred dividends and accretion, (iv) interest expense, (v) income tax expense (benefit), (vi) depreciation expense, (vii) amortization of intangibles, (viii) amortization of developed technology, (ix) equity-based compensation, (x) change in fair value of contingent consideration, (xi) certain legal expenses, and (xii) other costs. We define Adjusted net income as net income (loss) to common shareholders plus (i) amortization of intangibles, (ii) amortization of developed technology, (iii) amortization of debt discount and issuance costs (iv) Series A preferred stock accretion, (v) equity-based compensation, (vi) change in fair value of contingent consideration, (vii) certain legal expenses, (viii) other costs, and (ix) income tax (benefit) expense adjustments. We define Adjusted general and administrative expense as general and administrative expense less (i) equity based compensation, (ii) certain legal expenses, and (iii) other costs. We define Free cash flow as Cash provided by (used in) operating activities less purchase of property, plant and equipment.

    A detailed reconciliation between GAAP results and results excluding special items (“non-GAAP”) is included within this press release. We calculate net income (loss) per share as net income (loss) to common shareholders divided by the basic and diluted weighted average number of shares outstanding for the applicable period and we define Adjusted net income per share as Adjusted net income (as detailed above) divided by the basic and diluted weighted average number of shares outstanding for the applicable period.

    We believe that these non-GAAP financial measures are provided to enhance the reader’s understanding of our past financial performance and our prospects for the future. Our management team uses these non-GAAP financial measures in assessing the Company’s performance, as well as in planning and forecasting future periods. The non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP and may be different from similarly titled non-GAAP measures used by other companies.

    Among other limitations, Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA and Adjusted net income do not reflect our cash expenditures, or future requirements, for capital expenditures or contractual commitments; do not reflect the impact of certain cash charges resulting from matters we consider not to be indicative of our ongoing operations; do not reflect income tax expense or benefit; and other companies in our industry may calculate Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA and Adjusted net income differently than we do, which limits their usefulness as comparative measures. Because of these limitations, Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA and Adjusted net income should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP.

    We compensate for these limitations by relying primarily on our GAAP results and using Adjusted gross profit, Adjusted gross margin, Adjusted EBITDA and Adjusted net income on a supplemental basis.

    You should review the reconciliation of gross profit to Adjusted gross profit and net income (loss) to Adjusted EBITDA and Adjusted net income below and not rely on any single financial measure to evaluate our business.

    Array Technologies, Inc. 
    Condensed Consolidated Balance Sheets (unaudited)
    (in thousands, except per share and share amounts)
     
      March 31,
    2025
      December 31,
    2024
    ASSETS
    Current assets      
    Cash and cash equivalents $ 348,324     $ 362,992  
    Restricted cash   1,169       1,149  
    Accounts receivable, net of allowance of $6,601 and $4,848, respectively   282,575       275,838  
    Inventories, net   186,875       200,818  
    Prepaid expenses and other   157,348       157,927  
    Total current assets   976,291       998,724  
           
    Property, plant and equipment, net   28,740       26,222  
    Goodwill   164,221       160,189  
    Other intangible assets, net   176,347       181,409  
    Deferred income tax assets   16,049       17,754  
    Other assets   64,110       41,701  
    Total assets $ 1,425,758     $ 1,425,999  
           
    LIABILITIES, REDEEMABLE PERPETUAL PREFERRED STOCK AND STOCKHOLDERS’ EQUITY
    Current liabilities      
    Accounts payable $ 153,781     $ 172,368  
    Accrued expenses and other   77,576       91,183  
    Accrued warranty reserve   2,045       2,063  
    Income tax payable   8,734       5,227  
    Deferred revenue   120,225       119,775  
    Current portion of contingent consideration   2,528       1,193  
    Current portion of debt   34,472       30,714  
    Other current liabilities   9,132       15,291  
    Total current liabilities   408,493       437,814  
           
    Deferred income tax liabilities   21,634       21,398  
    Contingent consideration, net of current portion   5,179       7,868  
    Other long-term liabilities   17,311       18,684  
    Long-term warranty   5,021       4,830  
    Long-term debt, net of current portion   644,520       646,570  
    Total liabilities   1,102,158       1,137,164  
           
    Commitments and contingencies (Note 11)      
           
    Series A Redeemable Perpetual Preferred Stock of $0.001 par value; 500,000 authorized; 468,122 and 460,920 shares issued as of March 31, 2025 and December 31, 2024, respectively; liquidation preference of $493.1 million at both dates   421,374       406,931  
           
    Stockholders’ equity      
    Preferred stock of $0.001 par value – 4,500,000 shares authorized; none issued at respective dates          
    Common stock of $0.001 par value – 1,000,000,000 shares authorized; 152,512,805 and 151,951,652 shares issued at respective dates   151       151  
    Additional paid-in capital   286,079       297,780  
    Accumulated deficit   (353,878 )     (370,624 )
    Accumulated other comprehensive income   (30,126 )     (45,403 )
    Total stockholders’ equity   (97,774 )     (118,096 )
    Total liabilities, redeemable perpetual preferred stock and stockholders’ equity $ 1,425,758     $ 1,425,999  
    Array Technologies, Inc.
    Condensed Consolidated Statements of Operations (unaudited)
    (in thousands, except per share amounts)
     
      Three Months Ended March 31,
        2025       2024  
    Revenue $ 302,363     $ 153,403  
    Cost of revenue      
    Cost of product and service revenue   222,296       94,674  
    Amortization of developed technology   3,639       3,639  
    Total cost of revenue   225,935       98,313  
    Gross profit   76,428       55,090  
           
    Operating expenses      
    General and administrative   43,945       37,784  
    Change in fair value of contingent consideration   (150 )     (735 )
    Depreciation and amortization   5,349       9,627  
    Total operating expenses   49,144       46,676  
           
    Income from operations   27,284       8,414  
           
    Other expense, net   23       814  
    Interest income   3,319       3,680  
    Foreign currency gain (loss), net   689       (499 )
    Interest expense   (8,035 )     (8,940 )
    Total other expense, net   (4,004 )     (4,945 )
           
    Income before income tax expense   23,280       3,469  
    Income tax expense   6,534       1,304  
    Net income   16,746       2,165  
    Preferred dividends and accretion   14,443       13,502  
    Net income (loss) to common shareholders $ 2,303     $ (11,337 )
           
    Income (loss) per common share      
    Basic $ 0.02     $ (0.07 )
    Diluted $ 0.02     $ (0.07 )
    Weighted average number of common shares outstanding      
    Basic   152,076       151,351  
    Diluted   152,783       151,351  
    Array Technologies, Inc. and Subsidiaries
    Consolidated Statements of Cash Flows (unaudited)
    (in thousands)
     
      Three Months Ended March 31,
        2025       2024  
    Operating activities      
    Net income $ 16,746     $ 2,165  
    Adjustments to reconcile net income to cash provided by operating activities:      
    Provision for bad debts   1,671       896  
    Deferred tax expense (benefit)   1,024       (13 )
    Depreciation and amortization   5,932       10,125  
    Amortization of developed technology   3,639       3,639  
    Amortization of debt discount and issuance costs   1,506       1,553  
    Equity-based compensation   2,798       3,926  
    Change in fair value of contingent consideration   (150 )     (735 )
    Warranty provision   1,720       (1,138 )
    Inventory reserve   839       600  
    Changes in working capital, net   (48,784 )     26,484  
    Net cash provided by (used in) operating activities   (13,059 )     47,502  
    Investing activities      
    Purchase of property, plant and equipment   (2,352 )     (2,396 )
    Retirement/disposal of property, plant and equipment         10  
    Net cash used in investing activities   (2,352 )     (2,386 )
    Financing activities      
    Proceeds from issuance of other debt   7,862       2,283  
    Principal payments on other debt   (7,294 )     (3,781 )
    Principal payments on term loan facility   (1,075 )     (1,070 )
    Contingent consideration payments   (1,204 )     (1,427 )
    Other financing   (14 )     (580 )
    Net cash used in financing activities   (1,725 )     (4,575 )
    Effect of exchange rate changes on cash and cash equivalent balances   2,488       (2,001 )
    Net change in cash and cash equivalents and restricted cash   (14,648 )     38,540  
    Cash and cash equivalents, and restricted cash beginning of period   364,141       249,080  
    Cash and cash equivalents and restricted cash, end of period $ 349,493     $ 287,620  
    Array Technologies, Inc.
    Adjusted Gross Profit, Adjusted EBITDA, Adjusted Net Income, General and Administrative Expense and Free Cash Flow Reconciliation (unaudited)
    (in thousands, except per share amounts)
    The following table reconciles Gross profit to Adjusted gross profit:
      Three Months Ended March 31,
      2025   2024
    Revenue 302,363     153,403  
    Cost of revenue 225,935     98,313  
    Gross profit 76,428     55,090  
    Gross margin 25.3 %   35.9 %
           
    Amortization of developed technology 3,639     3,639  
    Adjusted gross profit 80,067     58,729  
    Adjusted gross margin 26.5 %   38.3 %

    The following table reconciles net income (loss) to Adjusted EBITDA:

      Three Months Ended March 31,
        2025       2024  
    Net income $ 16,746     $ 2,165  
    Preferred dividends and accretion   14,443       13,502  
    Net income (loss) to common shareholders $ 2,303     $ (11,337 )
    Other expense, net   (3,342 )     (4,494 )
    Foreign currency gain (loss), net   (689 )     499  
    Preferred dividends and accretion   14,443       13,502  
    Interest expense   8,035       8,940  
    Income tax expense (benefit)   6,534       1,304  
    Depreciation expense   1,043       883  
    Amortization of intangibles   4,889       9,254  
    Amortization of developed technology   3,639       3,639  
    Equity-based compensation   2,798       4,020  
    Change in fair value of contingent consideration   (150 )     (735 )
    Certain legal expenses(a)   1,083       730  
    Other costs(b)         42  
    Adjusted EBITDA $ 40,586     $ 26,247  


    (a)
    Represents certain legal fees and other related costs associated with (i) actions filed against the company and certain officers and directors alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, which litigation was dismissed with prejudice by the Court on May 19, 2023 and subsequently appealed. The appeal has been fully briefed, argued, and the Company is awaiting a decision, and (ii) legal and success fees related to a regional tax dispute for a period prior to the acquisition of STI, and (iii) other litigation and legal matters. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business.

    (b) For the three months ended March 31, 2024, other costs represent costs related to Capped-Call treatment evaluation for prior year.

    Array Technologies, Inc.
    Adjusted Gross Profit, Adjusted EBITDA, Adjusted Net Income, General and Administrative Expense and Free Cash Flow Reconciliation (unaudited)
    (in thousands, except per share amounts)
    The following table reconciles net income (loss) to Adjusted net income:
      Three Months Ended March 31,
        2025       2024  
    Net income $ 16,746     $ 2,165  
    Preferred dividends and accretion   14,443       13,502  
    Net income (loss) to common shareholders $ 2,303     $ (11,337 )
    Amortization of Intangibles   4,889       9,254  
    Amortization of developed technology   3,639       3,639  
    Amortization of debt discount and issuance costs   1,393       1,552  
    Series A Pref stock accretion   7,241       6,665  
    Equity based compensation   2,798       4,020  
    Change in fair value of contingent consideration   (150 )     (735 )
    Certain legal expenses (a)   1,083       730  
    Other costs(b)         42  
    Income tax expense of adjustments(c)   (3,474 )     (4,852 )
    Adjusted net income $ 19,722     $ 8,978  
           
    Income (loss) per common share      
    Basic $ 0.02     $ (0.07 )
    Diluted $ 0.02     $ (0.07 )
    Weighted average number of common shares outstanding      
    Basic   152,076       151,351  
    Diluted   152,783       151,351  
           
    Adjusted net income per common share      
    Basic $ 0.13     $ 0.06  
    Diluted $ 0.13     $ 0.06  
    Weighted average number of common shares outstanding      
    Basic   152,076       151,351  
    Diluted   152,783       152,243  


    (a)
    Represents certain legal fees and other related costs associated with (i) actions filed against the company and certain officers and directors alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, which litigation was dismissed with prejudice by the Court on May 19, 2023 and subsequently appealed. The appeal has been fully briefed, argued, and the Company is awaiting a decision, and (ii) legal and success fees related to a regional tax dispute for a period prior to the acquisition of STI, and (iii) other litigation and legal matters. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business.

    (b) For the three months ended March 31, 2024, other costs represent costs related to Capped-Call treatment evaluation for prior year.

    (c) Represents the estimated tax impact of all Adjusted Net Income add-backs, excluding those which represent permanent differences between book versus tax.

    Array Technologies, Inc.
    Adjusted Gross Profit, Adjusted EBITDA, Adjusted Net Income, General and Administrative Expense and Free Cash Flow Reconciliation (unaudited)
    (in thousands, except per share amounts)
    The following table reconciles General and administrative expense to Adjusted general and administrative expense:
      Three Months Ended March 31,
      2025   2024
    General and administrative expense 43,945     37,784  
    Equity based compensation (2,798 )   (4,020 )
    Certain legal expenses(a) (1,083 )   (730 )
    Other costs(b)     (42 )
    Adjusted general and administrative expense 40,064     32,992  


    (a)
    Represents certain legal fees and other related costs associated with (i) actions filed against the company and certain officers and directors alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934, which litigation was dismissed with prejudice by the Court on May 19, 2023 and subsequently appealed. The appeal has been fully briefed, argued, and the Company is awaiting a decision, and (ii) legal and success fees related to a regional tax dispute for a period prior to the acquisition of STI, and (iii) other litigation and legal matters. We consider these costs not representative of legal costs that we will incur from time to time in the ordinary course of our business.

    (b) For the three months ended March 31, 2024, other costs represent costs related to Capped-Call treatment evaluation for prior year.

    The following table reconciles cash provided by (used in) operating activities to Free cash flow:

      Three Months Ended March 31,
      2025   2024
    Net cash provided by (used in) operating activities (13,059 )   47,502  
    Purchase of property, plant and equipment (2,352 )   (2,396 )
    Free cash flow (15,411 )   45,106  

    The MIL Network

  • MIL-OSI: Keiretsu Forum Mid-Atlantic and South-East Appoints Christian Haller as Regional Vice President, Signaling Strategic Leadership Expansion

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, May 06, 2025 (GLOBE NEWSWIRE) — Keiretsu Forum Mid-Atlantic and South-East, a leading network for accredited angel investors and innovators, is proud to announce the appointment of Christian Haller as Regional Vice President. Haller’s role marks a step forward in the organization’s commitment to accelerating growth and supporting high-potential startups across these dynamic regions.

    Christian Haller brings more than 35 years of entrepreneurial and investment expertise to Keiretsu Forum. He currently serves on the board of innovative, actively funding companies including Tympanogen, Accelera.US and ALM Orthopaedics, and founded LifeLine Medical, a pioneer in wearable health technology.

    Haller’s extensive background includes founding The RavenOye Group, LLC, where he has supported seed and pre-seed medtech companies through commercialization and growth strategy. He is recognized for his leadership in entrepreneurial education, founding AdvaMed’s Entrepreneur’s Boot Camp and EBD’s Japan Medtech Partnering Forum, and is a frequent speaker on topics of innovation and product commercialization.

    “Christian’s track record as a founder, investor, and board leader in promising life-science and tech startups will elevate our ability to source, vet and accelerate the deal flow that our members care about most. His strategic insight aligns perfectly with Keiretsu Forum’s mission and will be invaluable as we expand our support for entrepreneurs and investors in the Mid-Atlantic and South-East regions.” said Howard Lubert, Area President of Keiretsu Forum MST.

    “I am honored to join Keiretsu Forum as Regional Vice President,” said Christian Haller. “I look forward to working with our exceptional members and partners to accelerate innovation, support promising startups, and create value for our investor community.”

    This expansion of leadership underscores Keiretsu Forum’s dedication to building a robust ecosystem for entrepreneurs and investors, positioning the organization for continued growth and influence in the innovation economy.

    About Keiretsu Forum

    Founded in 2000, Keiretsu Forum is the world’s largest global investment community of accredited private-equity angel investors, venture capitalists and corporate/institutional backers. Through 54 chapters on four continents, our members have invested over $1 billion in more than 1,400 high-growth companies. For more information, visit www.keiretsuforum-midatlantic.com

    Media Contact
    Cindi Sutera
    Keiretsu Forum MST, Communications
    CindiS@AMSCommunications.net
    610-613-2773

    The MIL Network

  • MIL-OSI Video: UN Tree Planting Ceremony: 80th Anniversary of founding of the United Nations

    Source: United Nations (Video News)

    UN Tree Planting Ceremony to commemorate the 80th Anniversary of founding of the United Nations, and of the atomic bombings in Hiroshima and Nagasaki.

    “We can make peace and build peace if we are together,” a ceremonial tree planting at UN Headquarters today (05 May) honored the victims of the atomic bombings of Hiroshima and Nagasaki while marking the 80th anniversary of the United Nations. The event featured a Hibakujumoku – an atomic bomb survivor tree – planted in the UN Staff Garden as a symbol of peace and resilience.

    “It is very difficult to really imagine and understand what happened in Hiroshima and Nagasaki 80 years ago,” said Izumi Nakamitsu, the UN High Representative for Disarmament Affairs. “But I think what we all need to remember is that we can make peace and build peace if we are together. And as you can imagine, the United Nations is a place where people and countries come together and then work together to make that objective a reality.”

    Permanent Representative Kazuyuki Yamazaki said, “I hope, as these saplings grow, so too will our aspirations for peace spread and become a reality,” he said. Referring to last week’s NPT Preparatory Committee session, he added, “Japanese Foreign Minister Iwaya Takeshi spoke at the general debate and called on State Parties to, quote, ‘cherish and exercise the spirit of dialogue and collaboration,’ unquote. I sincerely hope that Hibakujumoku, atomic bomb survivor trees, planted here will stand as a symbol of this spirit.”

    Ghana’s Ambassador to the UN, Harold Agyeman, urged stronger international efforts to address global insecurity, inequality, and the threat of nuclear war. “Today, more than ever… many around the world are worried about the persistence and scale of conflicts, including the deepening poverty and underdevelopment and the deterioration of the wellbeing and dignity of many,” he said. “The disarmament agenda and the need to prevent the catastrophic effects of the nuclear war cannot be left out of such an effort.”

    Also present at the ceremony were the President of the 79th UN General Assembly, Philemon Yang, and members of the UN Staff Recreation Council Gardening Club. UN Youth Champion for Disarmament, Charlotte Yeung, gave a poetry reading.

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

    MIL OSI Video

  • MIL-OSI United Kingdom: Boost for woodlands as research to tackle plant pests & diseases

    Source: United Kingdom – Executive Government & Departments

    Press release

    Boost for woodlands as research to tackle plant pests & diseases

    Key research to combat ongoing pest and disease outbreaks and emerging threats to protect our trees

    British woodlands and trees will benefit from new research aimed at boosting protection against pests and diseases, announced today (Tuesday 6 May).

    Our plants and trees are estimated to contribute £4.1 billion per year to the UK’s economy – their vast canopies are teeming with birds and insects, they help mitigate the impact of flooding for communities across the country, trees outside woodland in towns as well as rural areas are cherished by the British people. But our trees are vulnerable, with plant pests and diseases posing a significant threat to nature and the economy.

    The threat from pests and diseases is growing due to factors like climate change, and it is increasingly important to plant resilient trees that can withstand warmer temperatures so people and nature can enjoy the widespread benefits they bring.

    17 new research projects will improve tree health and resilience through the Centre for Forest Protection – a collaboration between Forest Research and Royal Botanic Gardens, Kew – as part of the Government’s Plan for Change.

    These will help plant and protect treescapes that are resilient to stresses including climate change and pests and diseases such as ash dieback, which has been estimated to kill over 100 million trees in the UK and cost the economy up to £15 billion to Great Britain over the coming decades.

    The £4 million of funding will include projects to facilitate future tree breeding for resilience to ash dieback and a fungal disease affecting Scots pine, and new technologies so trees can flower at a younger age to accelerate breeding programmes.

    Professor Nicola Spence, Defra’s Chief Plant Health Officer, said:

    “Tackling the growing threat from plant pests and diseases due to climate change is critical to protect the long-term health and resilience of our trees.

    “Expanding our research efforts and work to restore native ash trees are an important step in the fight against diseases which devastate our nations woodlands, protecting trees for the benefits they bring to our climate and for people’s enjoyment.”

    Dr Louise Gathercole, Centre for Forest Protection Coordinator, said:

    “At Forest Research and Royal Botanic Gardens, Kew, we are delighted to continue our collaboration under the Centre for Forest Protection.

    “Funding this virtual centre gives us the opportunity to leverage the expertise and resources of both organisations, along with a wide range of other collaborators, to carry out innovative science and produce the evidence needed for future woodland resilience.”

    Projects for 2025/26 include:

    • Dodging the double whammy, looking into whether trees resilient to ash dieback can also help avoid damage from Emerald Ash Borer, an exotic emerald coloured beetle from Asia which has caused significant damage to ash trees in North America.
    • Infusing resilience into the Scots pine genetic resource, breeding pine trees resilience to Dothistroma needle blight, a fungal disease which can reduce timber yields and even cause tree death.
    • Developing novel methods to understand and mitigate grey squirrel bark stripping behaviour, on the impact of invasive grey squirrels on woodlands – with an estimated economic cost of £37 million annually – and how to combat bark stripping behaviour, which disincentivises tree planting and leaves trees susceptible to increased risk of disease.

    As part of £700,000 of Defra-funded research, a second UK ash tree archive in Scotland has now been planted aimed at increasing resilience and further developing efforts for a breeding programme of tolerant UK ash. This is a key step towards restoring native ash back to our landscape. 

    2500 young trees have now been planted over the 1-hectare site. These trees have been specially selected as showing signs of potential resistance to the disease. Over the coming years, the less healthy individuals will be weeded out, allowing for the best trees to form a potential seed orchard for resistant ash seed production in future.

    This follows over 3000 trees of tolerant ash being planted at the first ash archive site in southern England in 2019. Screening for tolerant trees in a different climate away from other threats will significantly boost research efforts. Identifying ash with a high tolerance to the disease will enable the development of orchards producing commercially available seed and prove transformative to our future landscapes.

    The announcement marks the launch of this year’s National Plant Health Week (5-12 May 2025), an annual designated week of action to raise public awareness and engagement on how to keep our plants healthy, led by Defra in partnership with 32 organisations, including the Royal Horticultural Society, the Woodland Trust and the Horticultural Trades Association

    Additional information:

    • The second ash archive is funded by Defra on an estate owned by Forestry Land Scotland in Clackmannanshire.
    • The Centre for Forest Protection is a collaborative, virtual hub which aims to protect our trees from environmental and socioeconomic threats, through innovative science, interdisciplinary research, expert advice and training. The CFP is led by Forest Research – Great Britain’s principal organisation for forestry and tree-related research – and Royal Botanic Gardens, Kew, whose mission is to understand and protect plants and fungi, for the well-being of people and the future of all life on Earth.

    The 17 new research projects are:

    • Dodging the Double Whammy: Does Resistance to Ash Dieback Help European Ash Avoid Damage by Emerald Ash Borer?
    • Knowledge synthesis: How trees evolve under novel conditions
    • SUPPoRT: Sustainable Plant Provenancing for Resilient Trees
    • Genomic basis of ash health after five and thirteen years’ exposure to ash dieback
    • Complex Yew Decline Research
    • ADGROW: Applied Dendrochronology for the Genomic Resilience Of Woodlands
    • EXPLORATION: Assessing the robustness of mixed species planting as a drought adaptation measure during early stage establishment – an experimental approach
    • Enhancing forest resilience through stand structural complexity
    • Infusing resilience into the Scots pine genetic resource
    • Phenology, Genomics, and Non-Destructive Testing: A Comprehensive Approach to Detecting, Understanding, and Reducing Oak Shake (PhenoGenDT)
    • Speed breeding technologies for UK broadleaved trees
    • Forest Sector Modelling of the Impact of Biotic and Abiotic Risks on Forest Resilience
    • Developing novel methods to understand and mitigate grey squirrel bark stripping behaviour
    • Supporting farmers’ on-farm integration of tree resilience actions
    • REWARD, Remote Early Warning and Advanced Response for Diseases.
    • The wind within the trees: understanding cultural, silvicultural, and timber quality dimensions to windstorm risks and impacts
    • Resilience to compound abiotic and biotic stress in native Scots Pine

    Updates to this page

    Published 6 May 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Preston to Mark VE Day and VJ Day with Special Events in 2025

    Source: City of Preston

    Preston City Council will proudly mark both VE Day and VJ Day in 2025 with a series of commemorative events in the city centre, following requests from local veterans and community members.

    This year, in recognition of the 80th anniversary of the end of the Second World War, the city’s focus will shift from the usual Armed Forces Day to these two historically significant dates.

    VE Day, celebrated on Thursday, 8 May, commemorates the end of the war in Europe. Starting at 8:45pm at The Flag Market with speeches, performances from vintage singer Hattie Bee, music from Brindle Brass Band and a commemorative beacon lighting at 9:30pm directly followed by the National Anthem.

    VJ Day marks the surrender of Japan and the true end of WWII. will be observed this year on Saturday, 16 August, slightly later than its official anniversary of 15 August, to allow for wider public participation over the weekend.

    This year on Friday the 15 August, Victory over Japan or VJ Day which was the day all hostilities ceased, the traditional commemoration ceremony will be held at the Commonwealth War Graves Commission memorial in Preston Cemetery to remember those “who gave their tomorrows so we could have our todays.” This ceremony has been held without fail every year since 1947, including socially-distanced events during Covid, and in keeping with previous years will be led by The Right Worshipful Mayor of Preston, Councillor Phil Crowe.

    Join in an unforgettable Victory Over Japan Day (VJ Day) in Preston, where history comes to life through a range of events and performances, beginning with a military parade. Expect performances and workshops, and vintage music transporting you back in time with songs from the wartime period.

    Don’t miss this opportunity to pay tribute to the heroes of World War Two and celebrate 80 years of courage, sacrifice, and resilience.

    Councillor Close, Armed Forces Champion at Preston City Council, said:

    “It’s important that we remember both VE Day and especially VJ Day, which marked the end of WWII, and the immense sacrifices made by our armed forces and their families. 

    By commemorating these events in Preston, especially on the 80th anniversary of the end of World War II, we honour those who gave so much. The VJ Day event on 16 August allows us to welcome more people to reflect, remember, and show their support.”

    Colonel David Waters, President Lancashire Armed Forces Association said:

    “It would be easier to generalise and talk about freedom and democracy, but in this last week, we’ve had the anniversary of the liberation of Belsen Concentration Camp, and if that was to concentrate 

    your mind on something, it’s about what people did lose in Europe through the occupation of the Germans, and so that in itself is a reason to celebrate VE Day.”

    These events aim to bring together veterans, families, and the wider community in remembrance and gratitude. Full details of the programme will be released in the coming months.

    Find out more about VE Day and VJ Day events in Preston at Visit Preston – Preston City Centre Events 2025.

    MIL OSI United Kingdom

  • MIL-OSI Economics: Pula exchange rate depreciated by 0.3 percent against the South African rand

    Source: Bank of Botswana

    Over the twelve months period to April 2025, the nominal Pula exchange rate depreciated by 2.7 percent and 0.3 percent against the IMF Special Drawing Rights (SDR) against the South African rand, respectively. With respect to the SDR constituent currencies, the Pula depreciated by 8.7 percent against the Japanese yen, 6.1 percent against British pound and 5.7 percent against the euro, while it appreciated by 0.5 percent against the Chinese renminbi and 0.4 percent against the US dollar.

    The Pula appreciated by 1.7 percent against the South African rand, while it depreciated by 1.9 percent against the SDR over the one-month period to April 2025. It depreciated by 4.7 percent against the euro, 4 percent against the Japanese yen and 3.1 percent against the British pound, while it appreciated by 0.2 percent each against the Chinese renminbi and the US dollar.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Brand Scotland backing for female entrepreneurs

    Source: United Kingdom – Executive Government & Departments

    News story

    Brand Scotland backing for female entrepreneurs

    Minister Kirsty McNeill champions all-women exporting power with female-led business roundtable hosted at Scotland Office Edinburgh HQ

    Scottish female entrepreneurs are getting direct access to the UK Government’s global trade expertise as Scotland Office Minister Kirsty McNeill urged women business leaders to join her on the first all-female Brand Scotland trade mission.

    The Scotland Office hosted a gathering of female business leaders from across Scotland on Thursday 1 May to identify and tackle any export challenges they face. Minister McNeill wanted to bring together business professionals to boost the success of women-led firms in the worldwide market.

    It’s part of the department’s Brand Scotland mission, to sell Scotland’s unique strengths around the world – promoting our goods and services to new markets, helping Scottish businesses export, and supporting trade missions to key global markets to unlock jobs and investment for the future.

    At the roundtable discussion event in Edinburgh Minister McNeill asked for the views of company leaders across the technology, sustainability, clean energy and beauty sectors, as well as from representatives of the Scottish Chambers of Commerce, the Confederation of British Industry and Women’s Enterprise Scotland.

    Minister McNeill said:

    From science and sustainability to culture and financial services, we’re amongst the best in the world – and by selling Scotland globally, we can unlock jobs and investment, an essential part of our Plan for Change.

    It’s crucial that I hear from Scottish businesswomen about the barriers they face, find out what we can do to help, and demonstrate how Scottish companies can really benefit from having direct informal access like this to the UK’s vast global network of trade expertise. By harnessing the combined resources of the Scotland Office, the Foreign Office and Department for Business and Trade, we can create significant opportunities for women entrepreneurs.

    We’re already seeing positive results from championing Brand Scotland internationally and I’m committed to unlocking more global opportunities for Scottish women in business.

    The roundtable discussion addressed three key challenges – how businesses can access finance and investment, overcoming export barriers, and tackling market access issues that disproportionately affect women-led businesses.

    Ideas and suggestions from the meeting will directly shape the Scotland Office’s all-women trade mission to Madrid in June where Minister McNeill will use diplomatic networks to expand markets for British exporters and meet with the Spanish business community to strengthen trade links. Representatives of Scottish female-led companies are being invited to join.

    Background

    • Brand Scotland is about selling Scotland’s unique strengths around the world – promoting our goods and services to new markets, helping Scottish businesses export, and funding and supporting trade missions to key global markets to unlock jobs and investment for the future. 

    • As part of this, the Scotland Office will lead trade missions to sell Scotland and its products to the world, encourage inward investment in Scotland and encourage Scottish firms to export to overseas markets – often for the first time. All this will drive growth and jobs here in Scotland. 

    • The Budget allocated an additional £750k for the Scottish Secretary and the Scotland Office to develop the Brand Scotland programme. 
    • The Scottish Secretary has already made trade trips to Norway, South East Asia and the US. Minister McNeill’s first trade trip will be to Madrid in June.

    Updates to this page

    Published 6 May 2025

    MIL OSI United Kingdom

  • MIL-OSI: Bilibili Inc. to Report First Quarter 2025 Financial Results on Tuesday, May 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, May 06, 2025 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its first quarter 2025 unaudited financial results on Tuesday, May 20, 2025, before the open of U.S. markets.

    The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 20, 2025 (8:00 PM Beijing/Hong Kong Time on May 20, 2025). Details for the conference call are as follows:

    All participants must use the link provided above to complete the online registration process in advance of the conference call. Upon registering, each participant will receive a set of participant dial-in numbers and a personal PIN, which will be used to join the conference call.

    Additionally, a live webcast of the conference call will be available on the Company’s investor relations website at http://ir.bilibili.com, and a replay of the webcast will be available following the session.

    About Bilibili Inc.

    Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.

    For more information, please visit: http://ir.bilibili.com.

    For investor and media inquiries, please contact:

    In China:

    Bilibili Inc.
    Juliet Yang
    Tel: +86-21-2509-9255 Ext. 8523
    E-mail: ir@bilibili.com

    Piacente Financial Communications
    Helen Wu
    Tel: +86-10-6508-0677
    E-mail: bilibili@tpg-ir.com 

    In the United States:

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    E-mail: bilibili@tpg-ir.com

    The MIL Network

  • MIL-OSI: GSI Technology to Participate in the Sidoti May Micro-Cap Virtual Conference

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., May 06, 2025 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in artificial intelligence (AI) and high-performance compute (HPC) processing providing true compute-in-memory technology, today announced that management is scheduled to virtually participate in the Sidoti May Micro-Cap Virtual Conference on May 21 – 22, 2025. On behalf of the company, Lee-Lean Shu, Chairman and Chief Executive Officer, and Didier Lasserre, Vice President of Sales and Investor Relations, will deliver a company presentation at 4:00 p.m. Eastern time on Wednesday, May 21 in Track 2 and host one-on-one virtual meetings on May 21st and 22nd.

    For more information about the conference or to schedule a virtual one-on-one meeting with GSI Technology, please visit: Sidoti May Virtual Conference. Note that the conference organizer reserves the right to adjust a company’s meeting schedule, including its presentation time. It is recommended that participants confirm all meeting times with the organizer.

    A webcast of GSI Technology’s presentation will be available on the company’s website under the Events and Presentations tab: https://ir.gsitechnology.com/events-and-presentations.

    ABOUT GSI TECHNOLOGY
    Founded in 1995, GSI Technology, Inc. is a leading provider of semiconductor memory solutions. GSI’s resources are focused on bringing new products to market that leverage existing core strengths, including radiation-hardened memory products for extreme environments and Gemini-I, the associative processing unit designed to deliver performance advantages for diverse artificial intelligence applications. GSI Technology is headquartered in Sunnyvale, California, and has sales offices in the Americas, Europe, and Asia. For more information, please visit www.gsitechnology.com.

    Contacts:
    Investor Relations
    Hayden IR
    Kim Rogers
    541-904-5075
    Kim@HaydenIR.com

    Media Relations
    Finn Partners for GSI Technology
    Ricca Silverio
    (415) 348-2724
    gsi@finnpartners.com

    Company
    GSI Technology, Inc.
    Douglas M. Schirle
    Chief Financial Officer
    408-331-9802

    The MIL Network

  • MIL-OSI: 21Shares Launches Cronos ETP to Expand Access to Emerging Web3 Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    New product offers investors regulated exposure to the fast-growing Cronos blockchain, powered by Crypto.com

    Zurich, 6 May 2025 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange-traded products (“ETPs”), today announced the launch of the 21Shares Cronos ETP (ticker: CRON), offering investors exposure to CRO, the native token of the Cronos blockchain. 

    Exchange Product Name Ticker ISIN Fee
    Euronext Paris and Euronext Amsterdam 21Shares Cronos ETP CRON CH1443364232 2.50%

    Cronos is a fast, scalable, and low-cost Layer 1 blockchain designed to support decentralised finance (DeFi), NFTs, and Web3 applications. Built for interoperability, Cronos seamlessly integrates with both Ethereum and Cosmos networks, creating a multi-chain environment that bridges centralized and decentralised ecosystems. The network also stands at the forefront of Web3 innovation, merging blockchain technology with AI to power the next generation of finance, gaming, and business applications.

    “Cronos is uniquely positioned at the intersection of centralised access and decentralised innovation,” said Mandy Chiu, Head of Financial Products Development at 21Shares. “By launching a Cronos ETP, we are offering investors easy, regulated exposure to a blockchain ecosystem that is driving real-world adoption and pioneering the future of Web3.”

    “Providing more ways for traders to engage with cryptocurrencies is central to our vision of further mainstreaming crypto,” said Eric Anziani, President and COO of Crypto.com. “Crypto.com is proud to be a long-time supporter and contributor to the Cronos ecosystem, and we are incredibly excited to partner with 21Shares to enable even more exposure to Cronos and Web3 infrastructure.”

    The 21Shares Cronos ETP provides investors a straightforward way to integrate CRO into their portfolios through traditional banks and brokers, eliminating the need to directly handle digital wallets or exchanges. Cronos benefits from a strong network and offers a compelling investment case with its focus on scalability, interoperability, and AI-driven applications.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    About Cronos

    Cronos (cronos.org) is a leading blockchain ecosystem, adopted by Crypto.com and more than 500 application developers and partners representing an addressable user base of more than 100 million people around the world. Cronos’ mission is to make it easy and safe for the next billion crypto users to adopt self-custody in Web3, with a focus on Decentralized Finance and Gaming.

    The Cronos universe encompasses 3 chains: Cronos (EVM), the leading Ethereum-compatible blockchain built on Cosmos SDK; Cronos POS, a leading Cosmos chain for payments and NFTs; and Cronos zkEVM, a new high performance layer 2 network.

    Cronos ranks among the top 15 blockchain ecosystems, safeguarding more than 6 billion dollars of user assets. Since launching in 2021, it has securely settled more than 100 million transactions.

    Cronos Labs is the $100M startup accelerator focused on Cronos.

    About Crypto.com

    Founded in 2016, Crypto.com is trusted by more than 140 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.

    Learn more at https://crypto.com.

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

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    The MIL Network

  • MIL-OSI Economics: A Path Back to School: Samsung and Bal Raksha Bharat Celebrate Young Dreamers with Nanum Kiosk Initiative

    Source: Samsung

    A place of celebration for courage, hope, and new beginnings
     
    On a bright afternoon filled with smiles, laughter, and a heartfelt welcome song, Bal Raksha Bharat, an NGO in Gurugram, turned into a place of celebration for courage, hope, and new beginnings.
     
    In collaboration with Bal Raksha Bharat (Save the Children), this unique CSR program aims to send 200 children back into classrooms and toward a brighter future. As part of Samsung’s Nanum Kiosk initiative, employees have been quietly tapping into a powerful cause. Each tap of their ID cards at the Nanum Kiosk is a gesture of support for underprivileged children, helping them find their way back to school.
     
    The Nanum Kiosk is an innovative donation platform installed across Samsung offices.  Employees can contribute by simply tapping their ID cards, with each tap donating a fixed amount (e.g. INR 50) to support underprivileged children.  These kiosks have been instrumental in raising substantial funds for supporting underprivileged children.
     
    Samsung hosted a special recognition ceremony for young achievers—children who, after completing a bridge course by Bal Raksha Bharat, have now secured admission in public schools. These children were felicitated with certificates and warm wishes for their new academic journeys.
     
    SP Chun, Corporate Vice President, Samsung Southwest Asia, addressed the gathering with heartfelt encouragement, reminding everyone present of the power of education and community. He handed over certificates to all children and interacted with them.
     
    “Samsung wants you to read more, learn more and dream more. We are always here to support your dreams and cheer for you,” he said in his address.
     
    All smiles with the certificates
     
    Adding joy and soul to the ceremony was a musical performance by the children. Their voices echoed through the premises, resonating with the spirit of resilience and determination.
     
    As the first batch of children stepped forward for their certificates and photo-op with the Samsung leadership, the room brimmed with quiet pride. The second batch followed, beaming with excitement. The event ended on a touching note with a Thank You Card Ceremony, where children distributed handmade notes to express their gratitude.
     
    Thank you cards from students at Bal Raksha Bharat
     
    Through the Nanum Kiosk initiative, Samsung employees are not just donating money—they’re nurturing futures. Each child sent back to school is a story of possibility, made real by shared compassion and purpose.
    This day was a reminder that when people come together to care, incredible change can happen. And for these children, the journey is just the beginning.

    MIL OSI Economics

  • MIL-OSI Russia: 12 killed, over five injured in Indonesia road accident

    Translation. Region: Russian Federal

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

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

    JAKARTA, May 6 (Xinhua) — At least 12 people were killed and more than five others were injured in a bus accident in Padang Panjang city in Indonesia’s West Sumatra province on Tuesday morning, a city transport department official confirmed.

    The Antar Lintas Sumatra (ALS) bus, which was travelling from Medan to Jakarta, reportedly lost control due to brake failure and overturned.

    “The ALS bus had brake failure while driving at high speed. The driver lost control on a turn and the bus overturned,” said Arkes Refagus, head of the Padang Panjang Transport Department.

    He added that the bus lurched to the left and crashed into the fence of a residential building. “The driver survived because he was sitting on the right side,” A. Refagus told Xinhua.

    The official said there were 25 passengers on the bus. All the injured were taken to two local hospitals. –0–

    MIL OSI Russia News

  • MIL-OSI Economics: ASEAN and Norway Reaffirm Commitment to Advancing Relations to Greater Heights

    Source: ASEAN

    ASEAN and Norway convened the Tenth Meeting of the ASEAN-Norway Joint Sectoral Cooperation Committee (JSCC) Meeting today at the ASEAN Headquarters/ASEAN Secretariat. Both sides commemorated the tenth anniversary of the Sectoral Dialogue Partnership and reviewed progress made under the ASEAN-Norway Practical Cooperation Areas (2021-2025). They also reaffirmed their shared commitment to strengthening cooperation across areas of common interest.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN receives the US Deputy Assistant Secretary of Defense for South and Southeast Asia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today received the United States (US) Deputy Assistant Secretary of Defense for South and Southeast Asia, Dr. Andrew Byers, at the ASEAN Headquarters/ASEAN Secretariat. They exchanged views on regional developments, ASEAN-US security cooperation and ways to enhance defence engagements under the ASEAN Defence Ministers’ Meeting (ADMM) and ADMM-Plus.

    The post Secretary-General of ASEAN receives the US Deputy Assistant Secretary of Defense for South and Southeast Asia appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: President Lai meets Japanese Diet Member and former Minister of Economy, Trade, and Industry Nishimura Yasutoshi

    Source: Republic of China Taiwan

    Details
    2025-05-02
    President Lai meets Atlantic Council delegation
    On the afternoon of May 2, President Lai Ching-te met with a delegation from the Atlantic Council, a think tank based in Washington, DC. In remarks, President Lai said that we have already proposed a roadmap for deepening Taiwan-US trade ties to achieve a common objective of reducing all bilateral tariffs. At the same time, the president said, we will expand investments across the United States and create win-win outcomes for both sides through the trade and economic strategy of “Taiwan plus the US.” The president also emphasized that Taiwan is not only a bastion of freedom and democracy, but also an indispensable hub for global supply chains. He expressed hope that, given shared economic and security interests, Taiwan and the US will generate even greater synergy and prove to be each other’s strongest support. A translation of President Lai’s remarks follows: I welcome you all to Taiwan. In particular, Vice President Matthew Kroenig visited Taiwan last June and now is making another trip less than a year later. He also contributed an important article supporting Taiwan to a major international publication, highlighting the concern that our international friends have for Taiwan. We are truly moved and thankful. On behalf of the people of Taiwan, I sincerely thank all sectors of the US for their longstanding and steadfast support for Taiwan. Especially, as we face the challenges arising from the regional situation, we hope to continue deepening the Taiwan-US partnership. Holding a key position on the first island chain, Taiwan faces military threats and gray-zone aggression from China. We will continue to show our unwavering determination to defend ourselves. I want to emphasize that Taiwan is accelerating efforts to enhance its overall defense capabilities. The government will also prioritize special budget allocations to increase Taiwan’s defense spending from 2.5 percent of GDP to more than 3 percent. This reflects the efforts we are putting into safeguarding our nation and demonstrates our determination to safeguard regional peace and stability. During President Donald Trump’s first term, Taiwan purchased 66 new F-16V fighter jets. The first of these rolled off the assembly line in South Carolina at the end of this March. This is crucial for Taiwan’s strategy of achieving peace through strength. In the future, we will continue to procure defense equipment from the US that helps ensure peace and stability across the Taiwan Strait. We also look forward to bilateral security collaboration evolving beyond arms sales to a partnership that encompasses joint research and development and joint manufacturing, further strengthening our cooperation and exchanges. Taiwan firmly believes in fair, free, and mutually beneficial trade ties. Indeed, we have already proposed a roadmap for deepening Taiwan-US trade ties. This includes our common objective of reducing all bilateral tariffs as well as narrowing the trade imbalance through the procurement of energy and agricultural and other industrial products from the US. At the same time, we will expand investments across the US. We will promote our “Taiwan plus one” policy, that is, the new trade and economic strategy of “Taiwan plus the US,” to build non-red supply chains and create win-win outcomes for both sides. As the US is moving to reindustrialize its manufacturing industry and may hope to become a global manufacturing center for AI, Taiwan is willing to join in the efforts. Taiwan is not only a bastion of freedom and democracy, but also an indispensable hub for global supply chains. We have every confidence that, given shared Taiwan-US economic and security interests, we can generate even greater synergy and prove to be each other’s strongest support. In closing, I thank Vice President Kroenig once again for leading this delegation, demonstrating support for Taiwan. I look forward to exchanging opinions with you all in just a few moments. I wish you a smooth and successful trip. Vice President Kroenig then delivered remarks, first thanking President Lai for hosting them. He said that it is an honor to be here and to lead a delegation from the Atlanta Council, which consists of a mix of former senior US government officials with responsibility for Taiwan and also rising stars visiting Taiwan for the first time. Vice President Kroenig said that they are here at a critical moment, as there is an ongoing war in Europe, multiple conflicts in the Middle East, and increased Chinese aggression in the Indo-Pacific. Moreover, he pointed out, the regimes of China, Russia, Iran, and North Korea are increasingly working together in a new axis of aggressors. Vice President Kroenig indicated that the challenge facing the US and its allies and partners, including Taiwan, is how to deter these autocracies and maintain global peace, prosperity, and freedom, especially in Taiwan, whose security and stability matter, not only for Taiwan, but also for the US and the world. Vice President Kroenig assured President Lai and the people of Taiwan that the US is a reliable partner for Taiwan. The vice president stated that the administration under President Trump is prioritizing the deterrence of China, and that President Trump has announced an intention to have the largest US defense budget in history, more than US$1 trillion, to resource this priority. Pointing out that an America-first president will not help a country that is not helping itself, Vice President Kroenig said that their delegation has been impressed with the steps President Lai and the administration are taking to strengthen Taiwan’s security, including increasing defense spending, developing a societal resilience strategy, and using cutting edge technologies like unmanned systems to promote indigenous defense production. Vice President Kroenig said that more than money and equipment are necessary to secure a democracy against a powerful and ruthless neighbor, adding that history shows that the human factor is the most important. In the end, he said, it will be the will of the people of Taiwan to resist coercion and to defend their home which will be the most important factor determining the future fate of Taiwan and for the ability of the people of Taiwan to chart their own destiny. Vice President Kroenig emphasized that Americans are willing to support Taiwan in this endeavor, but it will be the people of Taiwan and strong and capable leaders like President Lai at the forefront of this struggle, with the firm support of America. Vice President Kroenig said that as the US and Taiwan work together on these challenges, the Atlantic Council looks forward to offering support behind the scenes. Founded in 1961 to support the Transatlantic Alliance, he said, the Atlantic Council is a global think tank, and part of its DNA is working closely with friends and allies in the Indo-Pacific, including Taiwan. He said they look forward to continuing their close and longstanding cooperation with Taiwan through visiting delegations, research and reports, and public and private events. In closing, Vice President Kroenig thanked President Lai again for hosting them and for the work he is doing to secure the free world. The delegation also included former Deputy Assistant Secretary of Defense for East Asia Heino Klinck and former Director for Taiwan Affairs at the White House National Security Council Marvin Park.

    Details
    2025-05-01
    President Lai meets Japan’s LDP Youth Division delegation
    On the morning of May 1, President Lai Ching-te met with a delegation from Japan’s Liberal Democratic Party (LDP) Youth Division. In remarks, President Lai thanked the guests for demonstrating support for deepening Taiwan-Japan ties through concrete actions. The president expressed hope that Taiwan and Japan can continue to conduct exchanges in such areas as national defense, the economy, education, culture, sports, and the arts so that bilateral relations reach even greater heights. A translation of President Lai’s remarks follows: I want to welcome our distinguished guests, who include Diet members in the LDP Youth Division and guests from Junior Chamber International (JCI) Japan, to the Presidential Office. It is also a pleasure to see LDP Youth Division Director Nakasone Yasutaka, House of Representatives Member Hiranuma Shojiro, and House of Councillors Member Kamiya Masayuki again today. I look forward to discussions with all our distinguished guests. The LDP Youth Division and JCI Japan have once again demonstrated support for deepening Taiwan-Japan ties through concrete actions. On behalf of the people of Taiwan, I also want to thank the LDP Youth Division for launching a fundraising campaign to help those affected by the earthquake in Hualien County on April 3 last year. LDP Youth Division members will be important leaders in Japan’s political arena in the future. Taiwan deeply values our exchanges with the Youth Division and hopes to bring about concrete results from such exchanges. Peace and stability in the Taiwan Strait are critical to the security and prosperity of the world, and Taiwan and Japan can work together to promote peace and stability in the Indo-Pacific region. Former Prime Ministers Abe Shinzo and Kishida Fumio, and current Prime Minister Ishiba Shigeru have repeatedly stressed the importance of peace and stability in the Taiwan Strait at important international venues. Taiwan is deeply grateful to Japan’s current and former prime ministers for their concern and support for this issue. Taiwan and Japan can also cooperate in industry and the economy. As our industries are complementary, further cooperation can create win-win outcomes. In the semiconductor industry, for instance, Taiwan’s strengths lie in manufacturing, while Japan’s strengths lie in materials, equipment, and technology. If we work together, the semiconductor industry is sure to see even more robust development. In addition to the economy and national defense, Taiwan and Japan can also conduct exchanges in such areas as education, culture, sports, and the arts. Our countries have long shared deep ties – Director Nakasone’s grandfather, former Prime Minister Nakasone Yasuhiro, was stationed in Taiwan and lived in what is now the Mingde New Residential Quarter of Kaohsiung City’s Zuoying District. I am confident that on the basis of our already solid foundations, Taiwan-Japan relations can reach even greater heights. Director Nakasone then delivered remarks, first thanking President Lai for finding time in his busy schedule to meet with the visiting delegation. He said that the LDP Youth Division sends a visiting delegation to Taiwan each year and is always granted the opportunity to meet with the president, demonstrating his high regard for the delegation, for which the director again expressed his gratitude. He remarked that he, together with House of Representatives Member Suzuki Keisuke, visited Taiwan last July, and that whenever he visits Taiwan, it feels as if he is returning home. Director Nakasone recalled President Lai’s earlier remarks, saying that he hopes the young people of Taiwan and Japan can fully engage in exchanges in the areas of national defense, the economy, culture, education, and the arts. The director said he believes that in today’s complex and difficult international situation, such directives are necessary. This is especially so, he emphasized, during United States President Donald Trump’s second term, when things once taken for granted are no longer so, and when the global economy is undergoing significant changes. Director Nakasone expressed his full support for strengthening Taiwan and Japan’s practical and strategic cooperation. He said he believes each side will be able to benefit from such cooperation and hopes that exchanges will progress toward shared goals. He pointed out that, as maritime nations, Taiwan and Japan share the goals of protecting the ocean and using marine resources wisely, goals that we ought to cooperate on and devote our full efforts to. The peace and stability of the Taiwan Strait are critical to the peace and stability of East Asia and even the world, he said, so we must ensure that the world and its leaders recognize this point, and Japan will do its utmost to advocate for it. Director Nakasone said, on the topic of semiconductors, that Taiwan Semiconductor Manufacturing Company’s new fab in Japan’s Kumamoto Prefecture has made the area very lively, adding that the Japanese government is providing more than 1.25 trillion yen in subsidies. Moving forward, the Japanese government plans to inject an additional 10 trillion yen, he said, to aid in the development of AI and other fields. Noting that Taiwan and Japan both excel in semiconductors, he expressed his hope that each can give free rein to its strengths to produce an even greater effect. Director Nakasone said that despite Taiwan’s facing formidable internal and external circumstances, it saw 4.6 percent economic growth last year under President Lai’s strong leadership, and it continued to promote measures to enhance overall societal resilience, all of which is admirable. In closing, the director thanked President Lai once again for taking the time to meet with them. Also in attendance were Japanese House of Representatives Members Nemoto Taku and Fukuda Kaoru, and Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-04-29
    President Lai meets NBR delegation  
    On the morning of April 29, President Lai Ching-te met with a delegation from the National Bureau of Asian Research (NBR). In remarks, President Lai stated that as Taiwan stands at the very frontline of defense of global democracy, we are actively implementing our Four Pillars of Peace action plan, which includes continuing to enhance our national defense capabilities, demonstrating our commitment to defending freedom and democracy. The president said he hopes to further advance national security and industrial cooperation between Taiwan and the United States. He also expressed hope that this will help boost economic resilience for both sides and establish each as a key pillar of regional security, elevating our relations to even higher levels. A translation of President Lai’s remarks follows: I am delighted to meet with Admiral John Aquilino again today. I also warmly welcome NBR President Michael Wills and our distinguished guests from the bureau to Taiwan. I look forward to exchanging views with you all on Taiwan-US relations and the regional situation. During his tenure as commander of the US Indo-Pacific Command, Admiral Aquilino placed much attention on the Taiwan Strait issue. And the NBR has conducted a wealth of research and analysis focusing on matters of regional security. Thanks to all of your outstanding contributions and efforts, the international community has gained a better understanding of the role Taiwan plays in the Indo-Pacific region and in global democratic development. For this, I want to extend my deepest gratitude. Taiwan stands at the very frontline of defending global democracy and is located at a strategically important location in the first island chain. We are actively implementing our Four Pillars of Peace action plan, which includes continuing to enhance our national defense capabilities, building economic security, demonstrating stable and principled cross-strait leadership, and standing side-by-side with the democratic community to jointly demonstrate the strength of deterrence and safeguard regional peace and stability. At the beginning of this month, I announced an increase in military allowances for volunteer service members and combat troops. The government will also continue to reform national defense and enhance self-sufficiency in defense. In addition, we will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. These efforts continue to strengthen Taiwan’s self-defense capabilities and demonstrate our commitment to defending freedom and democracy. As we mark the 46th anniversary of the enactment of the Taiwan Relations Act, we thank the US government for continuing its arms sales to Taiwan and strengthening the Taiwan-US partnership over the years. We believe that, in addition to engaging in military exchanges and cooperation, Taiwan and the US can build an even closer economic and trade relationship, boosting each other’s economic resilience and establishing each as a key pillar of regional security. I expect that your continued assistance will help advance national security and industrial cooperation between Taiwan and the US, elevating our relations to even higher levels. Once again, I welcome our distinguished guests to Taiwan and wish you a pleasant and successful trip. I hope that through this visit, you gain a more comprehensive and in-depth understanding of Taiwan’s economy and national defense. Admiral Aquilino then delivered remarks, thanking the Ministry of National Defense for the invitation and President Lai for receiving and spending time with them. Mentioning that this is his second visit in five months, he said he continues to be incredibly impressed with the president’s leadership and the actions he has taken to secure Taiwan and defend its people. Admiral Aquilino said that he has watched the efforts of the ministers on whole-of-society defense to demonstrate deterrence and added that the pace of the work is nothing short of inspiring. Admiral Aquilino noted that Taiwan’s thriving democracy is incredibly important to the peace and stability of the region. He stated that he, alongside the NBR, will continue to offer support, noting that President Wills and his team are an asset to Taiwan and the US that helps continue our close relationship and ensure peace and stability in the region.  

    Details
    2025-04-28
    President Lai meets Japanese Diet Member and former Minister of State for Economic Security Takaichi Sanae
    On the afternoon of April 28, President Lai Ching-te met with a delegation led by Member of the Japanese House of Representatives and former Minister of State for Economic Security Takaichi Sanae. In remarks, President Lai thanked the government of Japan for repeatedly emphasizing the importance of peace and stability across the Taiwan Strait at important international venues. The president expressed hope that in the face of China’s continually expanding red supply chains, Taiwan and Japan can continue to cooperate closely in such fields as semiconductors, energy, and AI technology to create non-red supply chains that enhance economic resilience and industrial competitiveness for both sides, and jointly pave the way for further prosperity and growth in the Indo-Pacific region. A translation of President Lai’s remarks follows: First, I would like to extend a warm welcome to Representative Takaichi as she returns for another visit to Taiwan. I am also very happy to have Members of the House of Representatives Kikawada Hitoshi and Ozaki Masanao, and Member of the House of Councillors Sato Kei all gathered together here to engage in these very important exchanges. Our visitors will be taking part in many exchange activities during this trip. Earlier today at the Indo-Pacific Strategy Thinktank’s International Political and Economic Forum, Representative Takaichi delivered a speech in which she clearly demonstrated the great importance she places upon the friendship between Taiwan and Japan. For this I want to express my deepest appreciation to each of our guests. The peoples of Taiwan and Japan have a deep friendship and mutual trust. We have a shared commitment to the universal values of democracy, freedom, and respect for human rights, but beyond that, we both have striven to contribute to regional peace and stability. I also want to thank the government of Japan for repeatedly emphasizing the importance of peace and stability across the Taiwan Strait at important international venues. Tomorrow you will all make a trip to Kaohsiung to visit a bronze statue of former Prime Minister Abe Shinzo, who once said, “If Taiwan has a problem, then Japan has a problem.” We will always remember the firm support and friendship he showed Taiwan. Since taking office last year, I have worked hard to improve Taiwan’s whole-of-society defense resilience and implement our Four Pillars of Peace action plan. By strengthening our national defense capabilities, building up economic security, demonstrating stable and principled cross-strait leadership, and deepening partnerships with democratic countries including Japan, we can together maintain peace and stability in the Indo-Pacific region and across the Taiwan Strait. At the same time, in the face of China’s continually expanding red supply chains, we hope that Taiwan and Japan, as important economic and trade partners, can continue to cooperate closely in such fields as semiconductors, energy, and AI technology to create non-red supply chains that further enhance economic resilience and industrial competitiveness for both sides. Going forward, Taiwan will work hard to play an important role in the international community and contribute its key strengths. I hope that, with the support of our guests, Taiwan can soon accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and sign an economic partnership agreement (EPA) with Japan so that we can jointly pave the way for further prosperity and growth in the Indo-Pacific region. Lastly, I thank each of you once again for taking concrete action to support Taiwan. I am confident that your visit will help deepen Taiwan-Japan ties and create even greater opportunities for cooperation. Let us all strive together to keep propelling Taiwan-Japan relations forward.  Representative Takaichi then delivered remarks, first thanking President Lai and Taiwanese political leaders for the warm hospitality they extended to the delegation, and mentioning that the visiting delegation members are all like-minded partners carrying on the legacy of former Prime Minister Abe. July 8 this year will mark the third anniversary of the passing of former Prime Minister Abe, she said, and when the former prime minister unfortunately passed away, President Lai, then serving as vice president, was among the first to come offer condolences, for which she expressed sincere admiration and gratitude. Representative Takaichi stated that Taiwan and Japan are island nations that face the same circumstances and problems, and that Japan’s trade activities rely heavily on ocean transport, so once a problem arises nearby that threatens maritime shipping lanes, it will be a matter of life and death for Japan. Taiwan and Japan are similar, as once a problem arises, both will face food and energy security issues, and supply chains may even be threatened, she said. Regarding Taiwan-Japan cooperation, Representative Takaichi stated that both sides must first protect and strengthen supply chain resilience. President Lai has previously said that he wants to turn Taiwan into an AI island, she said, and in semiconductors, Taiwan has the world’s leading technology. Representative Takaichi went on to say that Taiwan and Japan can collaborate in the fields of AI and semiconductors, quantum computing, and dual-use industries, as well as in areas such as drones and new energy technologies to build more resilient supply chains, so that if problems arise, we can maintain our current standard of living with peace of mind. Representative Takaichi indicated that cooperation in the defense sector is also crucial, and that by uniting like-minded countries including Taiwan, the United States, Japan, the Philippines, and Australia, and even countries in Europe, we can build a stronger network to jointly maintain our security guarantees. Representative Takaichi expressed hope that Taiwan and Japan will continue to strengthen substantive non-governmental relations, including personnel exchange visits and information sharing, so that we can jointly face and respond to crises when they arise. Regarding the hope to sign a Taiwan-Japan EPA that President Lai had mentioned earlier, she also expressed support and said she looks forward to upcoming exchanges and talks. The visiting delegation also included Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-04-23
    President Lai delivers remarks at International Holocaust Remembrance Day event
    On the afternoon of April 23, President Lai Ching-te attended an International Holocaust Remembrance Day event and delivered remarks, in which he emphasized that peace is priceless, and war has no winners, while morality, democracy, and respect for human rights are powerful forces against violence and tyranny. The president stated that Taiwan will continue to expand cooperation with democratic partners and safeguard regional and global peace and stability, defending democracy, freedom, and human rights. He said we must never forget history, and must overcome our differences and join in solidarity to ensure that the next generations live in a world that is more just and more peaceful. Upon arriving at the event, President Lai heard a testimony from the granddaughter of a Holocaust survivor, followed by a rabbi’s recitation of the prayer “El Maleh Rachamim.” He then joined other distinguished guests in lighting candles in memory of the victims. A transcript of President Lai’s remarks follows: To begin, I want to thank the Israel Economic and Cultural Office (ISECO) in Taipei, German Institute Taipei, Taiwan Foundation for Democracy, and Ministry of Foreign Affairs for co-organizing this deeply significant memorial ceremony again this year. I also want to thank everyone for attending. We are here today to remember the victims of the Holocaust, express sympathy for the survivors, honor the brave individuals who protected the victims, and acknowledge all who were impacted by this atrocity. It was deeply moving to hear Ms. [Orly] Sela share the story of how her grandmother, Yehudit Biksz, escaped the Nazi regime. I want to thank her specially for traveling so far to attend this event. From the 1930s through World War II, the Nazi regime sought to exclude Jewish people from society. In their campaign, they perpetrated systematic genocide driven by their ideology. Policies and directives under the authoritarian Nazi regime resulted in the deaths of approximately 6 million Jews. Millions of others were persecuted, including Romani people, persons with disabilities, the gay community, and anyone who disagreed with Nazi ideology. It is one of the darkest chapters in human history. Many countries, including Taiwan, have enacted anti-massacre legislation, and observe a remembrance day each year. Those occasions help us remember the victims, preserve historical memory, and most importantly, reinforce our resolve to fight against hatred and discrimination. Twenty-three years ago, Chelujan (車路墘) Church in Tainan founded the Taiwan Holocaust Memorial Museum. It is the first Jewish museum in Taiwan, and the second Holocaust museum in Asia. Its founding mission urges us to forget hatred and love one another; put an end to war and advocate peace. Many of the exhibition items come from Jewish people, connecting Taiwan closer with Israel and helping Taiwanese better understand the experiences of Jewish people. In this way, we grow to more deeply cherish peace. When I was mayor of Tainan, I took part in an exhibition event at Chelujan Church. I was also invited by the Israeli government to join the International Mayors Conference in Israel, where I visited the World Holocaust Remembrance Center. I will never forget how deeply that experience moved me, and as a result, peace and human rights became even more important issues for me. These issues are valued by Taiwan and our friends and allies. They are also important links connecting Taiwan with the world. Peace is priceless, and war has no winners. We will continue to expand cooperation with democratic partners and safeguard regional and global peace and stability. We will also continue to make greater contributions and work with the international community to defend democracy, freedom, and human rights. This year also marks the 80th anniversary of the end of World War II. However, we still see wars raging around the world. We see a resurgence of authoritarian powers, which could severely impact global democracy, peace, and prosperous development. Today’s event allows for more than reflection on the past; it also serves as a warning for the future. We are reminded of the threats that hatred, prejudice, and extremism pose to humanity. But we are also reminded that morality, democracy, and respect for human rights are powerful forces against violence and tyranny. We must never forget history. We must overcome our differences and join in solidarity for a better future. Let’s work together to ensure that the next generations live in a world that is more just and more peaceful. Also in attendance at the event were Member of the Israeli Knesset (parliament) and Taiwan friendship group Chair Boaz Toporovsky, ISECO Representative Maya Yaron, and German Institute Taipei Deputy Director General Andreas Hofem.

    Details
    2025-04-06
    President Lai delivers remarks on US tariff policy response
    On April 6, President Lai Ching-te delivered recorded remarks regarding the impact of the 32 percent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. In his remarks, President Lai explained that the government will adopt five response strategies, including making every effort to improve reciprocal tariff rates through negotiations, adopting a support plan for affected domestic industries, adopting medium- and long-term economic development plans, forming new “Taiwan plus the US” arrangements, and launching industry listening tours. The president emphasized that as we face this latest challenge, the government and civil society will work hand in hand, and expressed hope that all parties, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. A translation of President Lai’s remarks follows: My fellow citizens, good evening. The US government recently announced higher tariffs on countries around the world in the name of reciprocity, including imposing a 32 percent tariff on imports from Taiwan. This is bound to have a major impact on our nation. Various countries have already responded, and some have even adopted retaliatory measures. Tremendous changes in the global economy are expected. Taiwan is an export-led economy, and in facing future challenges there will inevitably be difficulties, so we must proceed carefully to turn danger into safety. During this time, I want to express gratitude to all sectors of society for providing valuable opinions, which the government regards highly, and will use as a reference to make policy decisions.  However, if we calmly and carefully analyze Taiwan’s trade with the US, we find that last year Taiwan’s exports to the US were valued at US$111.4 billion, accounting for 23.4 percent of total export value, with the other 75-plus percent of products sold worldwide to countries other than the US. Of products sold to the US, competitive ICT products and electronic components accounted for 65.4 percent. This shows that Taiwan’s economy does still have considerable resilience. As long as our response strategies are appropriate, and the public and private sectors join forces, we can reduce impacts. Please do not panic. To address the reciprocal tariffs by the US, Taiwan has no plans to adopt retaliatory tariffs. There will be no change in corporate investment commitments to the US, as long as they are consistent with national interests. But we must ensure the US clearly understands Taiwan’s contributions to US economic development. More importantly, we must actively seek to understand changes in the global economic situation, strengthen Taiwan-US industry cooperation, elevate the status of Taiwan industries in global supply chains, and with safeguarding the continued development of Taiwan’s economy as our goal, adopt the following five strategies to respond. Strategy one: Make every effort to improve reciprocal tariff rates through negotiations using the following five methods:  1. Taiwan has already formed a negotiation team led by Vice Premier Cheng Li-chiun (鄭麗君). The team includes members from the National Security Council, the Office of Trade Negotiations, and relevant Executive Yuan ministries and agencies, as well as academia and industry. Like the US-Mexico-Canada free trade agreement, negotiations on tariffs can start from Taiwan-US bilateral zero-tariff treatment. 2. To expand purchases from the US and thereby reduce the trade deficit, the Executive Yuan has already completed an inventory regarding large-scale procurement plans for agricultural, industrial, petroleum, and natural gas products, and the Ministry of National Defense has also proposed a military procurement list. All procurement plans will be actively pursued. 3. Expand investments in the US. Taiwan’s cumulative investment in the US already exceeds US$100 billion, creating approximately 400,000 jobs. In the future, in addition to increased investment in the US by Taiwan Semiconductor Manufacturing Company, other industries such as electronics, ICT, petrochemicals, and natural gas can all increase their US investments, deepening Taiwan-US industry cooperation. Taiwan’s government has helped form a “Taiwan investment in the US” team, and hopes that the US will reciprocate by forming a “US investment in Taiwan” team to bring about closer Taiwan-US trade cooperation, jointly creating a future economic golden age.  4. We must eliminate non-tariff barriers to trade. Non-tariff barriers are an indicator by which the US assesses whether a trading partner is trading fairly with the US. Therefore, we will proactively resolve longstanding non-tariff barriers so that negotiations can proceed more smoothly. 5. We must resolve two issues that have been matters of longstanding concern to the US. One regards high-tech export controls, and the other regards illegal transshipment of dumped goods, otherwise referred to as “origin washing.” Strategy two: We must adopt a plan for supporting our industries. For industries that will be affected by the tariffs, and especially traditional industries as well as micro-, small-, and medium-sized enterprises, we will provide timely and needed support and assistance. Premier Cho Jung-tai (卓榮泰) and his administrative team recently announced a package of 20 specific measures designed to address nine areas. Moving forward, the support we provide to different industries will depend on how they are affected by the tariffs, will take into account the particular features of each industry, and will help each industry innovate, upgrade, and transform. Strategy three: We must adopt medium- and long-term economic development plans. At this point in time, our government must simultaneously adopt new strategies for economic and industrial development. This is also the fundamental path to solutions for future economic challenges. The government will proactively cooperate with friends and allies, develop a diverse range of markets, and achieve closer integration of entities in the upper, middle, and lower reaches of industrial supply chains. This course of action will make Taiwan’s industrial ecosystem more complete, and will help Taiwanese industries upgrade and transform. We must also make good use of the competitive advantages we possess in such areas as semiconductor manufacturing, integrated chip design, ICT, and smart manufacturing to build Taiwan into an AI island, and promote relevant applications for food, clothing, housing, and transportation, as well as military, security and surveillance, next-generation communications, and the medical and health and wellness industries as we advance toward a smarter, more sustainable, and more prosperous new Taiwan. Strategy four: “Taiwan plus one,” i.e., new “Taiwan plus the US” arrangements: While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. This has been our national economic development strategy, and the most important aspect is maintaining a solid base here in Taiwan. We absolutely must maintain a solid footing, and cannot allow the present strife to cause us to waver. Therefore, our government will incentivize investments, carry out deregulation, and continue to improve Taiwan’s investment climate by actively resolving problems involving access to water, electricity, land, human resources, and professional talent. This will enable corporations to stay in Taiwan and continue investing here. In addition, we must also help the overseas manufacturing facilities of offshore Taiwanese businesses to make necessary adjustments to support our “Taiwan plus one” policy, in that our national economic development strategy will be adjusted as follows: to stay firmly rooted in Taiwan while expanding our global presence, strengthening US ties, and marketing worldwide. We intend to make use of the new state of supply chains to strengthen cooperation between Taiwanese and US industries, and gain further access to US markets. Strategy five: Launch industry listening tours: All industrial firms, regardless of sector or size, will be affected to some degree once the US reciprocal tariffs go into effect. The administrative teams led by myself and Premier Cho will hear out industry concerns so that we can quickly resolve problems and make sure policies meet actual needs. My fellow citizens, over the past half-century and more, Taiwan has been through two energy crises, the Asian financial crisis, the global financial crisis, and pandemics. We have been able to not only withstand one test after another, but even turn crises into opportunities. The Taiwanese economy has emerged from these crises stronger and more resilient than ever. As we face this latest challenge, the government and civil society will work hand in hand, and I hope that all parties in the legislature, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. Let us join together and give it our all. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Open Market Operation (OMO) – Purchase of Government of India Securities held on May 06, 2025: Cut-Offs

    Source: Reserve Bank of India

    Security 7.06% GS 2028 6.10% GS 2031 8.32% GS 2032 7.18% GS 2033 7.10% GS 2034 7.40% GS 2035 7.23% GS 2039
    Total amount notified Aggregate amount of ₹50,000 crore
    (no security-wise notified amount)
    Total amount (face value) accepted by RBI (₹ in crore) 4,501 7,578 7,637 6,405 10,003 7,962 5,914
    Cut off yield (%) 6.0218 6.1886 6.3422 6.3366 6.3674 6.3638 6.4600
    Cut off price (₹) 102.74 99.54 111.32 105.35 104.92 107.75 107.00
    Detailed results will be issued shortly.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/260

    MIL OSI Economics

  • MIL-OSI Russia: Experts: Mutual assistance and unity of the peoples of Russia and China have become important factors in the fight against fascism and militarism

    Translation. Region: Russian Federal

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

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

    BEIJING, May 6 (Xinhua) — “The USSR has provided China with valuable assistance, including weapons and military equipment, as well as military advisory support,” said Zhang Jianhua, vice chairman of the All-China Society for the Study of the History of the USSR and Eastern Europe and a professor at Beijing Normal University.

    80 years ago, the dawn of justice broke through the fog of war and the bell of peace echoed across the Eurasian continent.

    The year 2025 marks the 80th anniversary of the victory of the Chinese people in the War of Resistance Against Japanese Aggression, the victory of the Soviet Union in the Great Patriotic War, and the victory in the World Anti-Fascist War.

    As the main theaters of war in Asia and Europe, in the brutal war between good and evil, China and Russia were the main forces in the joint fight against fascism and militarism.

    “China has encountered the vicious Japanese militaristic forces and the most brutal forces in the fascist camp,” said Wang Lei, a professor at the School of Public Administration at Beijing Normal University.

    “The War of Resistance Against Japanese Aggression started earlier and lasted longer than all other battles,” Zhang Jianhua said.

    Zhang Jianhua noted that during the anti-Japanese war, the USSR sent its military advisers and pilots to China, who participated in air battles in the skies over Nanjing, Beijing, Chongqing and other Chinese cities, and among them, more than 200 dead pilots were buried in China.

    According to Sun Yanling, a research fellow at the Institute for the Study of Party History and Documentation under the CPC Central Committee, during the War of Resistance Against Japanese Aggression, the medical assistance provided by the USSR was very important. It mainly included the supply of medicines and medical equipment, as well as the dispatch of medical personnel.

    “Mutual assistance and unity between the peoples of Russia and China during the Second World War became an important factor in the fight against fascism and militarism,” noted the head of Rossotrudnichestvo, Yevgeny Primakov.

    It is worth noting that the Chinese People’s War of Resistance against Japanese Aggression played an important role in winning the World Anti-Fascist War.

    According to Zhang Jianhua, the 14-year anti-Japanese war of the Chinese people contained the Japanese army on the Chinese mainland, preventing their main force from attacking the USSR from northeast China or sending troops to strengthen their military power on the battlefield in Southeast Asia.

    “The European theatre of military operations is certainly not the only one in this tragic history; the millions of victims suffered by the Chinese people should not be forgotten,” noted E. Primakov.

    This year also marks the 80th anniversary of the founding of the United Nations. As founding members of the UN and permanent members of the UN Security Council, China and Russia bear a particularly important responsibility for maintaining world peace and development.

    E. Primakov emphasized that the joint efforts of the two countries to counter the falsification of history and strengthen cooperation in the humanitarian sphere play a key role in maintaining stability in the world.

    80 years later, the smoke of war has long cleared, but the echoes of history are still clear.

    “History teaches us that peace must be defended, and only cooperation can lead to mutual benefit,” Zhang Jianhua said, adding that China and Russia suffered great sacrifices in the World Anti-Fascist War, so the two countries’ desire for peace is particularly deep. -0-

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: April dry, bright

    Source: Hong Kong Information Services

    April was drier than usual, with the monthly mean relative humidity at 74%, the second lowest on record for April since 1947, the Hong Kong Observatory said today.

    Total rainfall in the month was 57.1mm, only about 37% of the norm of 153mm.

    The observatory added that the accumulated rainfall in the first four months of the year was 125.5mm, about 42% of the norm of 300.4mm for the same period.

    April was also warmer than usual, with a mean temperature of 23.7 degrees Celsius, 0.7 degrees above the norm of 23 degrees.

    With plenty of sunshine and weaker winds on April 15, the temperatures at the observatory soared to 33 degrees Celsius that afternoon, the highest of the month. It also marked the earliest occurrence of very hot weather in a year and the second highest maximum temperature for April on record.

    On April 20, the maximum temperature logged at the observatory was 30.6 degrees Celsius, making it one of the warmest Easter days on record.

    There was no tropical cyclone over the South China Sea and the western North Pacific in April.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Property sales rise 8.5%

    Source: Hong Kong Information Services

    The Land Registry logged 7,229 sale and purchase agreements for all building units received for registration in April, up 8.5% compared with March and down 26.8% year-on-year.

    The total consideration for such agreements in April rose 9.8% from the previous month to $50.1 billion, representing a 40.3% year-on-year decrease.

    Of the agreements, 5,694 were for residential units, amounting to a 6.1% increase from March and a 33.4% drop from a year ago.

    The total consideration for residential units was $42.2 billion, up 8.7% compared with March and 45.5% lower year-on-year.

    There were 368,426 land register searches last month.

    MIL OSI Asia Pacific News

  • MIL-OSI: Nagano Lean Body Tonic Reviews (WARNING) Shocking Consumer Reports on Ingredients, Side Effects, And Benefits!

    Source: GlobeNewswire (MIL-OSI)

    Explore the benefits, side effects, and user feedback on Nagano Tonic. Learn how this natural weight loss formula boosts metabolism, supports energy and promotes healthy fat burning with its clinically-backed ingredients.

    NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) — Nagano Lean Body Tonic is a natural solution that is claimed to promote healthy weight loss in the body. The creator of the supplement says that this solution contains a proprietary blend of clinically proven natural ingredients that acts on the prime factor that can induce healthy fat-burning in the body which is activating your metabolism.

    In this Nagano Lean Body Tonic review, we will study and analyze everything about the supplement that will help you decide if it is the right product for you or not.

    MUST READ: Critical Evaluation – Expert Opinions On Nagano Lean Body Tonic’s Results And Effectiveness!

    Nagano Lean Body Tonic Reviews: How It Targets Stubborn Fat Using Science-Backed Ingredients?

    This recently launched weight loss solution has been receiving massive hype from weight loss supplement users in the last few users. It seems that the prime reason why the formula is hyped is because of the fact that the supplement is effective in initiating healthy weight loss in the body.

    However, it is important to make sure that the supplement is effective and for this, we will have to dig deep into the supplement and examine its various aspects such as the ingredients of the formula, its working principle, the benefits that it offers, its safety and manufacturing quality, and so on.

    In this Nagano Lean Body Tonic review, we present you with a detailed analysis of all aspects of the supplement that can help you determine its effectiveness. Along with this, we will also look at a few other factors about the supplement such as its cost, refund policy, and availability to reach an informed decision on whether or not the supplement is worth spending your money on.

    Therefore, without further ado, let’s dive into the review.

    Official Website – Click Here!

    What Exactly Is Nagano Lean Body Tonic?

    Nagano Lean Body Tonic is a natural weight loss supplement that is made for all people struggling to keep a healthy weight. The formula is a proprietary blend of clinically backed natural ingredients that activates your body’s metabolism which will induce a healthy weight loss in the body.

    Besides helping a person lose weight, the natural solution also minimizes cravings, boosts energy levels, supports mental clarity, improves digestion, and increases energy levels. The weight loss formula is made in FDA-registered lab facilities in the US by following strict quality control measures.

    The supplement contains only high-quality natural ingredients and there are no artificial substances in the supplement which suggests that it is a safe one. The manufacturer has made the formula in powder form which you can take by mixing with water or any beverage of your choice.

    How Does It Reshape Your Body?

    Nagano Lean Body Tonic is a natural solution that is formulated based on an Eastern Elixir that has helped people in Japan stay fit and lean even in their old age. The formula works on the main factor that works to help you lose weight which is your body’s metabolism.

    Nagano Lean Body Tonic consists of ingredients that have properties that activate your metabolism and increase its rate. This will result in the release of excess fat in the body and they will be then burnt for energy production, thus inducing healthy fat loss in the body.

    Along with helping you lose weight, the ingredients of Nagano Lean Body Tonic can also help in improving gut health, increasing energy and vitality, improving mental clarity, and minimizing cravings. All of these can help a person stay fit and healthy.

    Curious To Know More About Nagano Tonic? Visit The Official Website

    Nagano Lean Body Tonic Ingredients: What’s Inside?

    Nagano Lean Body Tonic contains the following ingredients that are added in the right proportions to work effectively in the body. Let us now take a detailed look at a few of the main ingredients of the supplement:

    Camu Camu

    Camu camu is an ingredient that is packed with vitamin C and antioxidants that are beneficial for improving your overall health. The ingredient can help you lose weight by igniting metabolism at a deeper level. Camu camu also boosts energy levels and helps you stay active.

    EGCG

    EGCG is an active substance in green tea that has been used in various traditional medicines to treat numerous ailments. This ingredient can increase your metabolic rate which will help you lose extra fat in the body. EGCG also boosts your vitality.

    Mangosteen

    Mangosteen is a nutrient-rich fruit that promotes healthy weight loss in the body by boosting your metabolism. The ingredient has powerful antioxidant properties that protect your body from oxidative stress. Mangosteen also aids in maintaining healthy digestion.

    Panax

    Panax is an ingredient that is commonly used in East Asian traditional medicines for various purposes. The ingredient has numerous health properties that can improve gut health, boost metabolism, and initiate weight loss in the body.

    Momordica Charantia

    Momordica charantia is one of the main ingredients of Nagano Lean Body Tonic that helps you lose weight by enhancing your metabolism. The ingredient can also aid in boosting your energy levels by burning extra fat in the body for energy production.

    Ashwagandha

    Ashwagandha is a powerful adaptogen that can offer physical, mental, and cognitive health benefits. The ingredients can boost your metabolism, increase your energy levels, and enhance vitality. It also helps you burn excess fat in the body.

    Besides these ingredients, the Nagano Lean Body Tonic formula also contains acerola, eleuthero root, alfalfa leaf, cinnamon cassia, ginger, and inulin, and a proprietary blend of 8 powerful antioxidants.

    Click To Read The Scientific Evidence That Supports the Nagano Tonic Formula

    What Benefits Can Be Expected From Nagano Tonic?

    Now let’s see what are the benefits that Nagano Lean Body Tonic offers:

    • The formula can help you lose weight
    • Nagano Lean Body Tonic minimizes cravings
    • The supplement boosts energy and vitality
    • The supplement supports mental clarity

    Manufacturing Quality And Safety Standards

    Nagano Lean Body Tonic is made using natural ingredients that are sourced from trusted suppliers and then they were made into a unique proprietary blend in FDA-registered facilities that follows GMP guidelines. The creator has taken extensive quality measures in each step of the manufacturing process ensuring quality.

    Nagano Lean Body Tonic does not have any artificial ingredients, harmful chemicals, additives, or preservatives. This shows that the manufacturer has followed the necessary safety standards in the formulation of the supplement. The safety standard of the supplement also makes sure that it is completely free of all kinds of harmful side effects.

    Click To Verify Nagano Tonic’s Availability On The Official Website

    Right Way To Use Nagano Tonic To Minimize Side Effects

    The manufacturer of Nagano Lean Body Tonic has included a formula worth a month’s use in each bottle. As per the official website, the ideal dosage that needs to be followed when taking the supplement is one scoop per day. You may take the supplement by mixing it with water or any other drink of your choice.

    If you are unsure about the dosage, you may consult a doctor and take the supplement as advised by them. In both cases, the manufacturer advises that you stick to the dosage that is healthy for your body.

    Nagano Lean Body Tonic Results And Longevity

    Nagano Lean Body Tonic is a supplement that can give you effective and long-lasting results within a short span of time. You will see changes in your body weight within a few weeks of use and then consistent use of the supplement for a few months will give you maximum results.

    As per the manufacturer, the average time needed to get effective results from the supplement is three months. This may vary from person to person. Nagano Lean Body Tonic works in your body to give you long-lasting results and the manufacturer says that the result that you receive from the supplement will last for a few years if you follow a healthy lifestyle.

    Benefits And Side Effect Reports from Real Users

    Nagano Lean Body Tonic is a natural weight loss supplement praised for its ability to boost metabolism, burn stubborn fat, and improve digestion using a blend of herbal ingredients. Many users report noticeable results in energy levels and fat reduction within weeks of use.

    On platforms like Reddit, most discussions around Nagano Tonic focus on its mild to non-existent side effects. Common feedback highlights how it doesn’t cause jitters, crashes, or stomach discomfort—issues often associated with weight loss products.

    A few users mentioned that results can be slower without diet and exercise changes, and some expressed skepticism about marketing claims. However, complaints about side effects are minimal to none, with the majority of users reporting a smooth experience.

    Overall, Nagano Tonic is gaining a positive reputation among health-conscious individuals seeking a more natural and gentle approach to weight loss.

    Want To Read Genuine Customer Reviews? Visit The Official Website!

    Real User Testimonials And Experiences

    Curious about what others are experiencing with Nagano Lean Body Tonic? Here are a few honest testimonials from real users who noticed results without the harsh side effects.

    • Emily R., 42 – Dallas, TX

    “I’ve tried a lot of weight loss products, and most left me jittery or upset my stomach. With Nagano Lean Body Tonic, I noticed steady progress without any of those issues. No headaches, no nausea—just a gentle boost in energy and fewer cravings. It felt like my body was finally working with me, not against me.”

    • Jake M., 35 – Boulder, CO

    “I was skeptical at first, but I started taking the tonic with breakfast every day. What stood out to me was how easy it was on my body—no crashes or weird side effects. I felt more focused, and my midsection started slimming down after a few weeks. Best part? Zero side effects for me.”

    • Maria S., 59 – Tampa, FL

    “I have a sensitive system, so I’m very cautious with supplements. But Nagano Lean Body Tonic was surprisingly gentle. It didn’t interfere with my digestion or sleep. I’ve lost 8 pounds so far and feel lighter overall—with none of the usual discomfort I’ve had from other products.”

    • Daniel K., 47 – Portland, OR

    “I’ve been using Nagano Lean Body Tonic for over a month now, and what impressed me most is how clean it feels. No racing heart, no bloating, and no sleep issues—which I usually get with weight loss supplements. It’s been a smooth ride, and I’m already down 10 pounds. Highly recommend it if you’re looking for results without the side effects.”

    How Much Does Nagano Lean Body Tonic Cost?

    The price details of Nagano Lean Body Tonic as per the weight loss formula’s official website are given below:

    • 30-Day Supply: 1 bottle – $69 total ($69 per bottle)
    • 90-Day Supply: 3 bottles – $177 total ($59 per bottle)
    • 180-Day Supply: 6 bottles – $234 total ($39 per bottle)

    Click Here To Buy Nagano Lean Body Tonic From Its Official Website

    Where To Order Nagano Lean Body Tonic For The Best Price?

    At present, Nagano Lean Body Tonic is available for the best price on its official website. The manufacturer says that you can order the supplement on its official website without any hassles. The supplement isn’t sold by the manufacturer through any third-party websites or stores.

    Since Nagano Lean Body Tonic is quite popular, there could be gimmicks of the formula sold by unauthorized sellers which may look similar to the original one but won’t work as effectively. Therefore, to get the original Nagano Lean Body Tonic, we recommend ordering the supplement on its official website only.

    Bonuses

    With the 3-bottle and 6-bottle package of Nagano Lean Body Tonic, you will receive two free bonuses and they are the following:

    • Bonus #1 – Anti-Aging Blueprint: This bonus is an e-book in which you can discover breakthrough methods that can boost your energy levels and make you feel and look younger than your real age.
    • Bonus #2 – Sleep The Fat Off: The second bonus is also an e-book that will tell you about a unique meal timing method that is proven to support healthy weight loss in the body.
    • Bonus #3 – Energy-Boosting Smoothies: The third bonus is an e-book that consists of recipes for energy-boosting smoothies which will help you stay fuller for a longer period of time.

    Does Nagano Lean Body Tonic Have A Money-Back Guarantee?

    Nagano Lean Body Tonic is supported by a money-back guarantee that is valid for 180 days from the date of purchase. Therefore, if you don’t receive the expected weight loss results from the supplement, you have the option to get a refund from the manufacturer if you contact the manufacturer within 180 days from the date of purchase.

    You can contact the manufacturer of Nagano Lean Body Tonic at support@leanbodytonic.com 

    Final Verdict On Nagano Lean Body Tonic Reviews

    Let’s now conclude this Nagano Lean Body Tonic review by taking a quick look at everything we have analyzed and discussed. Nagano Lean Body Tonic is a natural dietary supplement made to initiate healthy weight loss in the body. The formula works by boosting your body’s metabolism which will burn excess fat in the body for energy production.

    Besides weight loss, the supplement also increases energy levels, improving gut health, enhancing skin health, and so on. The supplement is made in an FDA-registered and GMP-certified lab facility in the United States which shows that the supplement is manufactured the right way. It does not contain any kind of harmful substances and works safely without causing any side effects.

    The supplement can give you long-lasting results within three to six months of use. Nagano Lean Body Tonic is an affordable supplement that is offered on the official website at reasonable prices. The manufacturer offers three free bonuses with the supplement that can help in improving your overall health.

    Furthermore, the supplement is backed by a money-back guarantee which ensures that investing money in the supplement is entirely risk-free. So all in all, Nagano Lean Body Tonic seems to be a supplement that is worth trying out.

    Click Here To Purchase Nagano Tonic From Its Official Website (180-day Money-Back Guarantee)

    Frequently Asked Questions (FAQs)

    • Are there any side effects with Nagano Lean Body Tonic?

    Most users experience no side effects. The natural ingredients are gentle, but individual reactions may vary. If discomfort occurs, consult a healthcare professional.

    • How long before I see results from Nagano Lean Body Tonic?

    Results vary, but many users notice changes within 2-3 weeks. For optimal results, use it consistently for 3-6 months, along with a healthy diet and exercise.

    • Can I take Nagano Lean Body Tonic with other supplements or medications?

    It’s best to consult a healthcare provider before combining it with other supplements or medications, especially if you are on prescriptions.

    • Why are the ingredients in Nagano Lean Body Tonic effective for weight loss?

    Ingredients like EGCG and Momordica Charantia boost metabolism and promote fat burning, helping support healthy weight loss.

    • Is Nagano Lean Body Tonic safe for long-term use?

    Yes, it’s safe for long-term use as it contains natural ingredients, but it’s always good to monitor your body’s response and consult a doctor if needed.

    Disclaimer: The statements made regarding Nagano Lean Body Tonic have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease. Results may vary from person to person. Always consult a licensed healthcare provider before starting any new supplement, especially if you have underlying health conditions or are taking prescribed medications.

    This content is for informational purposes only and should not be interpreted as medical advice. Some of the links in this article may be affiliate links, which means we may earn a small commission if you choose to purchase through them. Always prioritize guidance from your healthcare professional when making decisions about your health or wellness routine.

    Email: support@leanbodytonic.com

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/fc110417-9765-4af1-b923-063fdbb99ca6

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5c46d641-61b5-4851-b604-1bc4cbe42bf0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4c5fa20d-58c6-4faf-8189-1aa65b50e0cf

    The MIL Network

  • MIL-OSI Australia: Sky News First Edition with Peter Stefanovic

    Source: Australia’s climate in 2024: 2nd warmest and 8th wettest year on record

    PETER STEFANOVIC, HOST: Joining us live is the Foreign Minister, Penny Wong. Minister, good to see you this morning. Thank you for your time. Before we get into the post-mortem of the election, I’d just like to ask you about this. It’s all about getting the remaining hostages that Hamas still has. What’s your response to this move?

    PENNY WONG, FOREIGN MINISTER: Well, first, my principled response is Australia continues to call for a ceasefire. We want to see the hostages returned and we want to see humanitarian aid delivered. The humanitarian situation in Gaza is catastrophic. No aid has gone in for weeks. So, we will continue to call on all parties – ceasefire, hostage returns and humanitarian aid to be delivered.

    STEFANOVIC: Do you think the election result justified your stance on Israel and Gaza?

    FOREIGN MINISTER: Look, I don’t think that was a central issue in the campaign. I think that Australians were very focused on cost of living, were very focused on issues that were relevant to their lives. And I want to say how humbled and grateful we are for the privilege that’s been given to us. We really understand it’s a privilege and a responsibility. And what you will see, Pete, is us working every day for the Australian people, knowing the responsibility we’ve been given.

    STEFANOVIC: On trade, a few items of note from firstly, the US and also the EU today. So, the Prime Minister will reportedly scrap the luxury car tax if the EU opens up its market for our ag exports. Is that a fair trade if it’s true?

    FOREIGN MINISTER: I wanted to say broadly, when we announced our response to tariffs, you will recall, we laid out a set of principles and a set of responses that we would put in place, and one of them was continued trade diversification. Now, we’ve done a lot of work on that. You would have heard me, in the context of having some impediments and some $20 billion worth of trade into China lifted during our term of government, I always say to people, we need to diversify, we need to continue to diversify. That’s part of our economic resilience. And we had another Free Trade Agreement with the United Arab Emirates. We’ve had a lot more engagement economically with Southeast Asia on both investment and trade. But obviously, the EU Free Trade Agreement would be an important part of that trade diversification. So, we will keep working on that because we’re a trading nation. We don’t want to be part of trade barriers because it’s not good for us. It’s an act of economic self-harm. So, of course we’ll engage with the European Union and others.

    STEFANOVIC: And on the US how concerned are you about Donald Trump’s tariffs on foreign-made films hurting our industry here?

    FOREIGN MINISTER: I was just asked this by Karl, in fact, and the point I’d make is we have a lot of collaboration between our film industries. You get Aussie actors in US films. You get US films made here or filmed here. There’s a lot of collaboration in the creative area. So, we hope that President Trump, in the context of his discussions with the studio, will come to see the extent to which Australian and American film industries do work together to the benefit of both countries.

    STEFANOVIC: Ok, let’s get to your thoughts on how the election turned out. Are you expecting many, if at all, frontbench changes?

    FOREIGN MINISTER: Well, that’s a matter for, first, the caucus and the Prime Minister. The Prime Minister has made clear his view about some of the senior leadership and us staying in our roles. But beyond that, the decision will be for caucus and for the Prime Minister about which portfolios he allocates. But my thoughts on the election really are summed up in this: the Liberal Party does not represent middle Australia. We see that in the seat results in the suburbs and cities of this country. Families looked at the Liberal Party and thought, you don’t represent my hopes, my aspirations or reflect my concerns.

    STEFANOVIC: Did Liberal preferences help you win seats from the Greens?

    FOREIGN MINISTER: Well, I have looked at a few seats and, for example, I think Renee Coffey in the seat of Griffiths was ahead of Max Chandler-Mather on primaries. So, we live in a preferential system. But I would say the Labor primary vote was obviously very strong and we really respect and are grateful for the opportunity – the choice of Australians and the opportunity we’ve been given.

    STEFANOVIC: But I suppose when it comes to the Liberal Party and its preferences, you were above the Greens. So, might you have Peter Dutton to thank for that by flipping some of those seats?

    FOREIGN MINISTER: Well, Pete, that’s an interesting take. I think that the majority of the contests in the 150 plus seats around the country, as you know, were between us and the Liberal Party. And out of that, I think out of 88 metropolitan seats they hold, I think it’s nine or 10. And there’s obviously some outstanding. But that really says something about the extent to which the Coalition were rejected by middle Australia. That’s the key issue, not the Greens.

    STEFANOVIC: Ok, just a final note. I mean, there was some scuttlebutt back before the election and you are a young person, but there was still rumour that you might be heading for retirement. Given the size of the win, how does that change your calculations with how much time you want to spend?

    FOREIGN MINISTER: That’s a very good question. Obviously, I made a commitment to serve the whole of this term. But yes, the size of the win, we can genuinely do the work for the Australian people and set the country up for a long-term stable Labor Government. And I’m really privileged to be part of that.

    STEFANOVIC: So at least one term, Penny, then we’ll see.

    FOREIGN MINISTER: At least one term. At least one term.

    STEFANOVIC: Can I also ask, I mean, your comments on potentially resurrecting the Voice, that was seized upon by your opponents, but did you fear that that could derail the Labor campaign?

    FOREIGN MINISTER: Yeah, so, and I know, Sky ran on this a lot and obviously, you never want to give people the opportunity to dial up the conflict during a campaign. But you know what I think it demonstrated? It demonstrated a reflex to have a go on these culture war issues, rather than talk about the issues that really mattered to Australians, which were cost of living, Medicare, health, education. Rather than talk about how we maintain steady leadership in a time of great uncertainty. Most Australians were not where the Liberal Party were on those issues. It was a beat-up. We’ve made clear the Voice is gone. I’ve said that many times. But what’s more important is, I think what is said to Australians is you keep talking about issues and getting aggro and playing the politics of conflict. Actually, I’m worried about, are you going to give me tax cuts? Are you going to make it easy to see a doctor? Are you going to make sure my school is funded? Are you going to make sure you build more houses? I want the 20 per cent reduction in HECS debt and I want fee-free TAFE. That’s where people were, that’s where Australians were, it’s not where the Liberal Party was.

    STEFANOVIC: Ok, I know you’ve got another interview to get to, but thank you so much for your time.

    MIL OSI News

  • MIL-OSI Security: U.S. Army Trains with Latest Maritime Domain Awareness Capabilities Alongside Philippine Partners During Balikatan 25

    Source: United States INDO PACIFIC COMMAND

    SAN ANTONIO, ZAMBALES, Philippines — The 1st Multi-Domain Effects Battalion from the 1st Multi-Domain Task Force conducted drone, high altitude balloon, and electromagnetic warfare training alongside Philippine counterparts at Palawan and Naval Station Leovigildo Gantioqui during the annual 2025 Balikatan exercise.

    MIL Security OSI

  • MIL-OSI Security: Multinational forces set to launch KAMANDAG 9 in the Philippines

    Source: United States INDO PACIFIC COMMAND

    PUERTO PRINCESA, Philippines — Service members from the United States, Philippines, Japan, Republic of Korea and United Kingdom will kick off Exercise KAMANDAG 9 on May 26, 2025, training across the Philippines to enhance multinational military readiness, interoperability, and regional defense capabilities.

    MIL Security OSI

  • MIL-OSI Europe: ASIA/PAKISTAN – Violence in Kashmir: Christians launch an appeal for dialogue and peace

    Source: Agenzia Fides – MIL OSI

    Lahore (Agenzia Fides) – “In Pakistan, people are concerned about the growing tensions with India. The elderly remember the war. There is a certain fear among the population, given the escalation on the border, the firefights, and the victims. We are not far from the Indian border and Kashmir, which increases fears. Public opinion, seeing the constant increase in violence, including verbal violence, sees the risk of a new war growing,” Father Qaisar Feroz (OFM Cap), President of Signis Pakistan and Executive Secretary of the Social Communications Commission of the Episcopal Conference of Pakistan, told Fides.”What is becoming apparent is that leaders on both sides of the border are fueling violence and conflict. That is why today we say emphatically: we need words of peace, we need dialogues based on reason and thinking about the good of the respective peoples,” the Capuchin priest said. “We see that the conflict has also led to a ‘water conflict,’ because the springs are located on Indian territory, and India has closed them to Pakistan. This will have an impact on the poor and civilian population, which is very bitter for us and at the same time underlines the seriousness of the situation,” he notes. To prevent a new war, “interreligious initiatives and meetings have been launched in Pakistan, inviting political leaders and praying for dialogue and peace. Franciscans and Dominicans, among others, are participating in these initiatives, appealing to politicians: please, let us promote dialogue and peace.””The Christians in Pakistan,” he concludes, “support this appeal and pray for de-escalation so that the threads of negotiations can be re-twisted. Violence is a defeat under all circumstances and at all times,” Father Feroz says, expressing the feelings and wishes of the Catholic community.At the ecclesiastical level, the Pakistani region of Kashmir belongs to the Archdiocese of Islamabad-Rawalpindi. A mission of the Oblates of Mary Immaculate operates in this area. (PA) (Agenzia Fides, 5/5/2025)
    Share:

    MIL OSI Europe News

  • MIL-OSI New Zealand: Stepping up in a changing global environment

    Source: NZ Music Month takes to the streets

    Good evening.

    Thank you to the New Zealand Institute of International Affairs for organising this event, and for your efforts to foster New Zealand’s understanding of international affairs. I am grateful for the opportunity to speak here today. 

    As keen observers and practitioners of international relations, you will all be aware of the degree to which the global environment has changed, even in the past two years.  

    We in New Zealand have enjoyed for a long time the benefits of a strategic environment in which we could focus heavily on growing our economy, seeking trading relationships and pursuing our interests safe in the knowledge that the stable post-war, liberal, international rules-based order provided the guardrails.  

    We believe in that order, and we will act to preserve it. But it is not enough on its own. We rely on our ally, our friends and our partners to help make us more secure, and they rely on us for support. Few countries can go it alone, and we are no exception.  

    We are no longer in a world – and I would argue that maybe we never were – where prosperity and security are mutually exclusive. There is no economic security without national security.  

    As Minister of Defence, I am keenly aware that our Defence Force needs to be acknowledged for its core functions. It plays a vital in contributing to national defence and resilience, and helping deliver whole-of government security objectives.  

    But we have a Defence Force with military capabilities for a reason. We choose to hold at readiness a credible force of highly trained and capable men and women who are prepared and ready to act with force if needed, to defend our country. 

    Unfortunately 35 years of underinvestment has allowed this capability to deteriorate.  

    Defence Capability Plan 

    I was therefore very proud to last month launch with the Prime Minister, the Chief of Defence Force and the Secretary of Defence our new Defence Capability Plan – or, given the military’s fondness for acronyms, the DCP. 

    This plan sets out $12 billion of planned commitments over the next four years, including $9 billion of new spending, with a path to reaching 2 percent of GDP in the next eight years. 

    The release of the DCP represents the culmination of several years of focused work by the Defence agencies to ensure our defence policy settings and our defence capability investments best support New Zealand’s interests in a changed and changing world through to 2040. 

    As you can imagine, the content of the DCP was the subject of some intense discussions with my Cabinet colleagues. We know the critical importance of getting this right, of having a plan that is both appropriately ambitious and achievable, and firmly focused on what is in New Zealand’s best interests. 

    I am proud of the DCP, and I welcome the very positive reactions to it, both domestically and internationally. 

    New Zealanders understand that our world has changed, and the highly skilled and professional personnel of the New Zealand Defence Force need to be ready to do what the New Zealand Government and people ask of it, often at short notice. 

    Defence is not something that can be mothballed until you need it. Because when the chips are down, you need a force that is ready and equipped to do whatever is asked of it – and it needs to be able about to do it immediately.  

    That means it must be empowered and equipped appropriately. 

    I have been particularly pleased with the broad support the DCP has received from across Parliament. National security is one area of public policy that benefits strongly from a bipartisan approach, and I welcome the support for a more capable Defence Force. 

    I have been able to discuss the DCP with a number of my international counterparts, and I can tell you it has been received very positively by New Zealand’s security partners. Our partners have welcomed our updated approach and our intention to invest more in New Zealand’s defence capabilities. 

    The first step to turning the DCP into action was taken on Sunday, when I announced the Government is putting aside $2 billion plus to replace the Defence Force’s ageing maritime helicopters. Alongside that, we are investing $957 million over four years in Defence Force activities, personnel and estate in Budget 25. I will have more to say on Budget Day on additional defence investment. 

    The increase in defence investment has generated quite a range of questions about elements of New Zealand’s defence policy, both long-standing and newly introduced, that could usefully be explained in greater detail. And that is what I would like to do this evening. 

    I will talk in particular to our assessment of New Zealand’s strategic environment, our alliance with Australia, our approach to deterrence, the importance of combat capability, and opportunities for innovation. 

    New Zealand’s strategic environment 

    The first line in the first chapter of the DCP sets the scene well for the policy settings that follow: “New Zealand is facing its most challenging and dangerous strategic environment for decades.” 

    Security challenges that we are familiar with remain with us. At home and in our immediate region these include ongoing risks of natural disasters and maritime security challenges of all kinds. And some of these are becoming worse – for example, we are seeing increasing use of the Pacific as a transhipment route for illegal drugs. 

    And for our Pacific partners in particular, climate change and its wide-ranging security impacts continue to represent the primary security concern.  

    Increasingly, however, the defining character of our strategic environment is strategic competition. 

    Globally, in the wider Indo-Pacific and in our immediate region, we are seeing some states increasingly acting in ways that undermine existing international rules and norms, and seeking to reshape both regional orders and the global order as a whole.  

    Recent events in our immediate region – including the PRC Task Group operating in the Tasman Sea and last year’s Intercontinental Ballistic Missile test – have demonstrated that New Zealand’s geographic location no longer shelters us from threats to the extent that it once did. Our region is of increasing strategic significance, and global challenges and tensions are having direct impacts on our security. 

    And the wider Indo Pacific contains a number of potential security flashpoints – be that cross-Strait tensions, the Korean Peninsula or competing claims in the South China Sea. 

    Perhaps the most acute – and still shocking – example of the deteriorating strategic environment is Russia’s ongoing illegal war against Ukraine. 

    New Zealand remains fully committed to supporting Ukraine’s self-defence and national resilience. The Prime Minister announced last month during his trip to the United Kingdom and Türkiye that New Zealand is extending its military assistance in support of Ukraine’s self-defence through to December 2026. 

    New Zealand welcomes efforts to achieve a just and lasting peace, and is following the negotiations on a potential ceasefire very closely. 

    Overview of DCP policy settings 

    As a government, we need to ensure we are employing our full range of tools of statecraft to best effect in service of New Zealand’s national interests.  

    We are a small island nation that relies on trade for its economic growth and – as I have previously said, we cannot have economic security without national security. 

    A compromised supply chain can lead to disruptions, financial losses, reputational damage and compromised products or services. And our supply chains rely on the security of maritime, air, land, space and cyber domains.  

    As Defence Minister, I need to ensure the Defence Force has the right capabilities, is using those capabilities to support peace and security, and is prepared for scenarios in which competition tips into confrontation and conflict. 

    That is why the DCP has three new defence policy objectives. These aren’t a radical shift in our policy, but they provide a sharper focus.  

    The first is to protect and promote New Zealand’s security, and that of our immediate region. New Zealand’s security is indivisible from the strategic situation our region is facing. 

    Defence plays a key part in ensuring the security, stability, and resilience of our immediate region by deterring actions contrary to the security of New Zealand and our regional partners and helping sustain wider regional conditions favourable to New Zealand’s security interests. An important part of this is delivering our defence and security constitutional responsibilities to the Realm.  

    Second is enhancing our alliance and other key security partnerships, which I’ll expand on shortly.  

    And third is to contribute to achieving our global interests, particularly in the Indo-Pacific. Defence will continue its pattern of operations in support of maritime security and the existing liberal international rules-based order, and we will work closely with our international security partners to promote collective security approaches in accordance with international law, in particular the United National Convention on the Law of the Sea (UNCLOS), including freedom of navigation and oversight. 

    But Defence’s activities are truly global as well, as demonstrated by NZDF’s ongoing support to Ukraine and operations in the Middle East. Just last month, the Royal New Zealand Navy deployed the frigate HMNZS Te Kaha to conduct anti-smuggling operations in the Indian Ocean as part of the New Zealand-led Combined Task Force 150. The taskforce has already had very real impact, disrupting the trade of $600 million worth of illegal drugs so far. 

    Taken together, these three new objectives set the direction for Defence, as part of an all-of-Government approach, to promote and protect our national interests.  

    Our Alliance and security partnerships 

    But I want to expand specifically on our security partnerships. New Zealand has always valued the importance of collective security and supporting international mechanisms that enable collective action and support sovereign equality of states. 

    This is reflected in the policy settings in the DCP. We have always worked with others that share our values and our interests to shape the world as we would wish it to be, and to prepare together should the worst happen.  

    Indeed, since becoming the Minister of Defence, I have taken every opportunity to meet with my international defence counterparts, to demonstrate that New Zealand is internationally engaged and willing to step up to respond to new opportunities and emerging threats.  

    But within that, we will always maintain our independent foreign policy, making our own decisions about what is in New Zealand’s interests – just as other countries do.  

    It is worth saying more about our relationship with our closest friend and only ally Australia. For this Government, it was essential that the DCP reinforce the importance we place on our alliance with Australia, and the importance in our evolving strategic environment to speak directly about these issues.  

    I’ve been in touch with my Australian defence counterpart Richard Marles, who is also their Deputy Prime Minister, to offer my congratulations following the weekend’s election. Minister Marles and I both look forward to continuing to work together on a range of issues, including our shared security. 

    We have specifically referenced the ANZUS Treaty in the DCP, as it continues to underpin the strategic relationship between New Zealand and Australia and formalises the commitments that we have to each other as allies.   

    It has done so since 1951, and the DCP does not represent any change in its interpretation. And as the Prime Minister stated, our nuclear free policy has not, and will not, change. 

    We are working to create an increasingly integrated Anzac force, which means we will be better prepared, exercised and equipped to combine our Defence Forces to defend our shared interests. To enhance our interoperability, we have committed to removing tactical, technical and procedural information-sharing barriers where they restrict our ability to operate as an integrated force.  

    Of course, this Government is also committed to maintaining and investing in a range of other security partnerships, including with our Pacific partners and our Five Eyes partners. As the Prime Minister has indicated, we are also focused on strengthening our relationships across Asia.  

    Recently, we have signed a number of agreements with partner countries. These include the India-New Zealand Defence Cooperation Arrangement, which is a milestone bilateral arrangement facilitating closer defence relations – including the establishment of regular bilateral defence engagements and opening new areas for collaboration such as deploying and training together.  

    I was in the Philippines last week to sign a Status of Visiting Forces Agreement, which sets out the legal conditions for military cooperation between our countries. 

    And as part of the NATO Indo-Pacific 4 grouping, we’re working with NATO and Indo-Pacific partners to uphold the international rules-based order and democratic values that are fundamental to our security and prosperity.  

    Deterrence and combat capability 

    We’ve also observed commentary on the much more explicit inclusion of, and focus on, deterrence in the DCP. 

    Deterrence is a normal part of how states operate and what defence forces do. At its core it is about influencing behaviour, or denying opportunities, by making other actors aware of the risks and consequences of undertaking those unwanted activities. Deterrence can be delivered through various tools. But having a credible and capable military force is a key way states deter activities and behaviours they don’t want.  

    As the DCP itself points out, deterrence is underpinned by having the necessary tools to act. In that respect the DCP recognises the increasing importance of building greater lethality into the force to be able to achieve deterrent effects.  

    It’s also important here to be clear on what the purpose of a military is. And I referred earlier to the core functions of a Defence Force.  

    Of course, modern militaries carry out a range of functions. But with the challenging world we now face, we need to reinforce the primary purpose of the military. There is no opting out from today’s strategic realities.  

    That is why the DCP signals increased strike capabilities which will increase our ability to use force if needed to protect our interests. This will be achieved through the procurement of new missile systems, which will provide an ability to respond to hostile vessels at a greater range.  

    Options for this include arming existing air and maritime platforms with missiles, such as the P-8A Poseidon fleet and the Anzac frigates, or options such as land-based strike. 

    Opportunities for innovation 

    I’m very aware of the importance of innovation and new technologies in defence.  

    Experience in Ukraine shows that conventional systems are still needed, but we’ve also seen the use of new technologies in new ways. Tanks and drones in the same battlefield are a reality.  

    New technologies and innovations will help the NZDF with intelligence, surveillance, and reconnaissance activities. In the short and medium term, Defence will focus on uncrewed technology, including long-range uncrewed aerial vehicles to provide more persistent maritime surveillance. The DCP also describes uncrewed surface and subsurface vessels to help monitor and protect our Exclusive Economic Zone, and support our Pacific partners.  

    There will also be a focus on strengthened cyber and information capabilities to protect the NZDF’s networks and systems, and provide defensive cyber, electronic and information warfare effects. 

    A two-yearly review cycle of this DCP will provide greater flexibility by adopting technologies earlier in their lifecycle, and by incorporating new but proven technologies. Defence is also exploring joint procurement opportunities with Australia, where it makes sense to do so. 

    A technology accelerator as part of the DCP will enable New Zealand’s high technology sector to quickly develop advanced platforms and systems specifically focused on New Zealand defence problems, and the ability to deliver these rapidly. It would help transition technology from the prototype phase to ‘service ready’ capabilities that could be readily acquired by the NZDF, albeit at limited scale.  

    We have an opportunity to partner in a better way with industry, and particularly New Zealand industry. How we intend to do this will be set out in a Defence Industry Strategy that will support implementation of the DCP. 

    One area we see innovation and scope to adapt is in the space industry. As you may know, I am also the Minister for Space.  

    I believe that here we have an opportunity to harness the incredible innovation across the New Zealand space industry to make contributions across all applications of space.  

    The world’s reliance on space technologies means that irresponsible behaviour in space has global impacts, and New Zealand has no protection from those effects.  

    Guaranteeing access to satellite communications and other systems that rely on space is critical to a range of new and existing technologies and systems used by the NZDF.  

    Part of supporting that access is ensuring we take broader action to support New Zealand’s interest in the safe, secure and responsible use of space. We are developing a new regulatory regime to ensure that operators of ground-based space infrastructure register their operations to deter foreign interference in New Zealand’s space infrastructure.  

    With partners and allies, New Zealand’s Defence agencies and our innovative space industry can contribute to international efforts to preserve and protect freedom of access to space and all the space-based services we need to prosper.   

     Closing remarks 

    I believe this DCP represents change. It is a change to a more deliberate defence policy and is a significant change in the level of investment in our defence.  

    It is a message to New Zealanders that we are prepared to invest in their security. It is a message to our partners and ally that we will contribute what we need to. And it is a message to the NZDF that we believe in them and what they do.  

    Change can be hard, and deciding to invest this amount of funding was difficult. We did not, and won’t ever, take that decision lightly.  

    MIL OSI New Zealand News

  • MIL-OSI: Best Personal Loans for Bad Credit Guaranteed Approval $100- $5,000 – IOnline Payday Loans

    Source: GlobeNewswire (MIL-OSI)

    SHERIDAN, Wyo., May 06, 2025 (GLOBE NEWSWIRE) — Navigating the world of personal loans, including $5,000 personal loans for bad credit, can be daunting, especially for those with bad credit.

    Fortunately, there are options available that offer guaranteed approval for personal loans for bad credit, even if your minimum credit score isn’t ideal.

    This article explores what personal loans are, clarifies the concept of bad credit, and highlights how iOnline Payday Loans can assist in finding the best deals.

    From $5,000 loans to easy and low-interest options for secured loans, this information aims to help you secure the financing you need and compare multiple personalized loan offers.

    >> Click Here to Apply for No Credit Check Loans >>

    ✅Key Takeaways:

    IOnline payday loans can aid in obtaining guaranteed approval for bad credit personal loans and emergency loan options.

    Options such as small, legit, easy, low interest, and secured personal loans for bad credit.

    To qualify for a guaranteed approval bad credit personal loan, check credit score, consider alternative lenders, provide collateral or a co-signer, and show proof of income.

    >> Click Here to Apply for No Credit Check Loans >>

    What is a Personal Loan?

    A personal loan is an unsecured loan that individuals can obtain from banks, credit unions, or online lenders, typically for various purposes such as debt consolidation, medical expenses, or home improvements. These loans serve as a financial lifeline, enabling borrowers to access funds quickly without the need for collateral.

    >> Click Here to Apply for No Credit Check Loans >>

    There are several types of personal loans available, including fixed-rate loans, where the monthly payment remains constant throughout the repayment period, and variable-rate loans, which can fluctuate based on market conditions. The primary purpose of these loans often centers around improving cash flow or managing unexpected expenses.

    Interest rates for personal loans are determined by multiple factors, with the borrower’s credit score playing a crucial role in assessing risk for lenders. Generally, a higher credit score can lead to lower interest rates, positively impacting monthly payments.

    Online lenders have emerged as popular alternatives to traditional banks, often offering quicker approval processes and competitive rates. Credit unions may also provide attractive options with lower fees and rates for their members.

    Check the dynamics of personal loans, including how long to pay off and early payoff penalty considerations, give the power to individuals to make informed decisions and select a financing solution that best meets their needs.

    >> Click Here to Apply for No Credit Check Loans >>

    What is Bad Credit?

    Bad credit refers to a low credit score, which can significantly hinder a person’s ability to obtain loans, credit cards, and favorable interest rates. A credit score is a numerical representation that lenders use to assess an individual’s credit risk, calculated based on factors such as payment history, credit utilization, and the length of credit history.

    Borrowers will encounter varying credit score requirements for personal loans, with many lenders establishing a minimum credit score necessary for qualification. This makes it challenging for those with bad credit to secure the financing they need. In a financial context, bad credit is typically defined as a credit score below 580, which is categorized as poor. This situation often arises from numerous missed payments or excessive credit utilization, resulting in limited loan options, higher interest rates, or outright denial of credit applications.

    Financial experts classify credit scores into ranges, with poor credit receiving the lowest rating:

    • Excellent: 750-850
    • Good: 700-749
    • Fair: 580-699
    • Poor: 300-579

    Consequently, individuals with bad credit frequently have restricted loan options, as lenders are reluctant to offer loans without imposing steep terms. This can lead to high fees and/or collateral requirements, severely limiting financial possibilities.

    Guaranteed Approval for Bad Credit Personal Loans

    Guaranteed approval for personal loans designed for individuals with bad credit is an essential option for borrowers who have been affected by their financial situation and are seeking immediate solutions. These loans typically have less stringent credit score requirements, enabling individuals to apply even if they have been rejected by other lenders.

    Lenders offering guaranteed approval are more likely to provide secured personal loans that require collateral, giving borrowers access to the funds they need while also providing lenders with a level of assurance. It is crucial for borrowers to understand the terms, interest rates, and fees associated with these loans.

    What Does Guaranteed Approval Mean?

    Guaranteed approval refers to a lender’s commitment to provide a loan to a borrower, regardless of their credit score, as long as the borrower meets certain terms and conditions. This promise is especially appealing to individuals with poor credit, who often struggle to secure financing through traditional avenues due to stringent credit score requirements.

    Guaranteed approval loans direct lenders access to a market of borrowers who frequently feel neglected and excluded from the financial system. Typical requirements for these loans may include the verification of steady income and the provision of collateral, which help lenders mitigate some of the risks associated with lending to those with bad credit.

    Such loans can be crucial for addressing urgent financial needs, allowing borrowers to cover immediate expenses or consolidate existing debts. However, it is important to be cautious of the potential risks involved. High-interest rates and fees can significantly impact borrowers’ ability to repay the loans, and if not managed properly, can lead to a cycle of debt.

    Ultimately, while guaranteed approval loans provide a pathway for individuals with poor credit to obtain financing, careful examination of the terms and conditions is essential to avoid the associated risks.

    How Can IOnline Payday Loans Help with Bad Credit Personal Loans Guaranteed Approval?

    IOnline payday loans offer a valuable option for personal loans, particularly for individuals with bad credit. They provide emergency cash solutions for those who may be unable to secure loans through traditional banks and lenders, which often have stricter requirements. These loans can be beneficial for individuals who have difficulty obtaining financing from conventional sources, as they may not involve the same credit checks that standard banks do.

    The application process is straightforward through platforms like Acorn and other quick loan marketplaces, allowing potential borrowers to submit their applications with just a few clicks. Once approved, funds can be transferred into the borrower’s account within hours, providing immediate assistance in times of need.

    However, the higher interest rates associated with personal loans for bad credit are a significant concern, as they can lead to a debt spiral if not managed properly. Therefore, it is crucial for those seeking this type of loan to fully understand the implications of the loan’s terms and conditions.

    The Best Personal Loans for Bad Credit Guaranteed Approval

    Finding the best personal loans for bad credit with guaranteed approval can be challenging, but viable options do exist. These loans are available in various amounts, such as bad credit personal loans guaranteed approval $5,000, and may be secured.

    Many lenders now offer customized solutions that facilitate easy access to funds, even for those with poor credit histories, during emergencies or unexpected expenses.

    $5,000 Personal Loans for Bad Credit

    A $5,000 personal loan for bad credit is designed for individuals who need cash quickly and may face challenges in securing traditional loans. These loans typically offer flexible repayment terms; however, they often come with higher costs due to elevated interest rates, and approval times can vary depending on the lender’s specific criteria.

    It is important for individuals to understand the unique conditions associated with this type of loan product in order to gain better control over their finances and explore top lenders for personal loans in states like California and Hawaii.

    The first step in obtaining a personal loan is to review the eligibility requirements, which generally include the following:

    • Age: Must be 18 years or older
    • Income: A consistent source of income is required
    • Residency: Proof of residency in the U.S. is necessary

    Interest rates on $5,000 personal loans for bad credit can vary significantly based on the borrower’s risk profile. Key aspects to consider include:

    • Loan Amounts: While $5,000 is the standard amount, ensure that the lender can provide the exact sum you require.
    • Loan Terms: Terms typically range from 1 to 5 years, with monthly payments tailored to fit your budget.
    • Application Process: Most applications can be completed online, leading to a quick turn around time.

    To maximize the chances of loan approval, individuals should consider applying with multiple lenders. It is also essential to compare the total cost of borrowing, including not only the interest rate but also any hidden fees, to secure the best deal.

    Understanding what to look for in a lender—such as customer service, clarity of terms and conditions, and repayment options—can significantly influence your experience in the long run.

    Small Personal Loans for Bad Credit

    Small Personal loans for bad credit offer access to minimal financial assistance without the burden of large debt, allowing you to apply online at Acorn and explore options such as borrowing $10,000 at 6.99%. These small personal loans for bad credit are specifically designed for those whose credit history does not accurately reflect their current ability to repay loans. They can be particularly helpful when unexpected costs arise.

    Typically ranging from a few hundred to a few thousand dollars, personal loans for bad credit help borrowers cover emergency expenses, medical bills, or necessary repairs without overwhelming them with significant debt, allowing for monthly payment on personal loans and considering the average interest rate personal loans. The concept of easy personal loans enables individuals to quickly apply online through a simplified process that prioritizes their immediate financial needs.

    Additionally, these loans often come with flexible terms, allowing borrowers to choose repayment schedules that suit their specific circumstances. Overall, small personal loans are a valuable resource for those struggling with bad credit, enabling them to improve their financial situation while paving the way for better credit in the future.

    Legit Personal Loans for Bad Credit

    Legitimate personal loans for bad credit are available through established online lenders and credit unions such as Acorn Finance, Avant, LendingPoint, Oportun, Universal Credit, OneMain, Best Egg, Upstart, that are more understanding of their needs. Borrowers seeking financial assistance and guidance should take the time to research how to find authentic personal loans.

    Discovering legitimate personal loans becomes easier when borrowers take the following steps:

    • First, investigate the reputation of any lender by reading customer reviews and ratings, including checking offers for personal loans from reputable companies.
    • Next, compare various loan offers and lenders to secure better rates and terms.
    • It is also essential to read the fine print to understand all applicable costs and conditions.

    This knowledge can help borrowers avoid scams that target those in need of financial support. By knowing what questions to ask and recognizing warning signs, borrowers can make more informed decisions. Additionally, consulting with financial advisors or utilizing online resources can help them identify better lending options.

    Easy Personal Loans for Bad Credit

    Easy personal loans for bad credit are financial solutions that enable individuals to quickly borrow cash when needed and are generally easier to qualify for compared to other types of loans. These loans are often available online and feature fast approval times, making them ideal for emergency situations. However, borrowers should be aware that the terms and interest rates for easy personal loans can vary significantly among lenders.

    Designed to assist those in challenging financial situations, easy personal loans for bad credit prioritize accessibility and quick logistics tailored to urgent needs. One of the most appealing aspects of these loans is the quick application process; applicants can often receive a decision within a few hours, alleviating the stress that comes with unexpected expenses.

    To maximize the benefits of personal loans, individuals should:

    • Explore multiple lenders and select the one offering the most favorable terms.
    • Read reviews about the lending company thoroughly.
    • Assess their ability to repay the loan before committing.
    • Ensure there are no hidden fees.

    By following these guidelines, individuals can ensure they choose the loan option that best suits their financial situation.

    Low Interest Personal Loans for Bad Credit

    Low-interest personal loans for bad credit are particularly beneficial for borrowers, as they help reduce overall repayment amounts. By comparing offers from multiple lenders, borrowers can identify loans with relatively low interest rates that align with their financial situation. While loans with low interest rates may require a slightly higher credit score than other bad credit loans, borrowers should be prepared to shop around and negotiate terms to secure the best possible rates.

    Understanding how to navigate the loan landscape is essential, especially for those with poor credit. By investing time in finding low-interest loans, borrowers can significantly decrease their total repayment amount.

    Here are three key tips to help borrowers effectively compare lenders:

    • Determine the total loan cost, including interest rates and any applicable fees.
    • Research lender reputations through online reviews and personal recommendations.
    • Consider the flexibility of repayment terms, as longer or varied terms may provide added benefits.

    It’s important to note that these lower rates may come with certain trade-offs. Borrowers should be cautious, as some lenders may impose additional fees or have stricter credit requirements. Therefore, carefully assessing the overall financial impact is crucial.

    Secured Personal Loans for Bad Credit

    Secured personal loans for bad credit allow borrowers to obtain funds by offering collateral, which reduces the risk for lenders and often results in better terms and lower interest rates. These loans provide bad credit borrowers with access to financing that they might not otherwise qualify for, and the collateral used to secure the loan significantly increases their chances of approval.

    However, borrowers should be aware of the advantages and disadvantages of putting their assets on the line. Risks include the possibility of losing the collateral and restrictions on how these assets can be used. By securing a loan with an asset, borrowers are putting that asset at risk in the event of default.

    Common types of collateral include real estate properties, vehicles, savings accounts, and other valuable assets that lenders consider secure based on the amount they can lend against them.

    Secured personal loans offer borrowers essential funds at lower rates compared to unsecured loans, which typically carry higher interest rates due to the increased risk for lenders. Additionally, the repayment terms for secured loans are often more flexible, making it easier for borrowers to manage their budgets.

    Assets Used as Collateral:

    • Real estate properties
    • Automobiles
    • Investment accounts
    • Valuable collectibles

    Advantages of Secured Loans:

    • Lower interest rates
    • Higher borrowing limits
    • Improved approval odds

    Risks Involved:

    • Potential loss of collateral
    • Impact on credit score if default occurs

    Unlike unsecured loans, which rely solely on the borrower’s creditworthiness, secured personal loans provide an affordable means of accessing funds while also involving certain risks.

    How to Qualify for a Guaranteed Approval Bad Credit Personal Loan

    To qualify for a guaranteed approval bad credit personal loan, you need to meet the requirements set by lenders and explore options that enhance your chances of approval, including understanding the minimum credit score personal loans require and considering a secured loan for bad credit.

    These requirements may include providing collateral, proof of income, or having a co-signer, which can significantly improve your likelihood of getting approved despite having low credit.
    Borrowers should carefully review different personal loan offers, as the requirements and terms can vary from one lender to another.

    Check Your Credit Score

    Checking your credit score is the first and most crucial step in the qualification process for any personal loan, especially when seeking guaranteed approval for bad credit personal loans, as understanding the credit score to qualify can improve your prospects.

    Knowing your credit score helps you understand your chances of being approved for a loan and identify the areas of your credit profile that you may want to improve before applying. Monitoring your credit score also enables you to make informed decisions and prepares you for discussions with potential lenders.

    To check your credit score effectively, there are several resources available. Many financial institutions and credit card companies offer free access to credit scores, while dedicated online services provide comprehensive reports for a nominal fee. Several factors influence credit scores, including:

    • Payment history
    • Utilization rate
    • Length of credit history
    • Types of credit accounts
    • Recent inquiries

    Understanding these factors not only helps individuals grasp their current financial standing but also emphasizes the importance of maintaining a healthy credit score. A good credit score significantly increases the likelihood of loan approval, as lenders use it as a key tool to assess repayment ability.

    Before applying for loans, it is wise to review your credit reports for any errors. Regular monitoring and taking corrective actions can help improve your credit score over time. Good habits include making payments on time, reducing outstanding debts, and avoiding the application for multiple loans simultaneously, as the latter can negatively impact your score.

    By understanding credit scores, individuals can position themselves for more favorable loan terms and conditions.

    Provide Collateral or a Co-Signer

    Using collateral or having a co-signer is one of the most effective ways to apply for personal loans fast for individuals with bad credit. Collateral protects lenders, which reduces their risk and can lead to a favorable interest rate for personal loans.

    Similarly, having a co-signer with a stronger credit score can enhance your application, as lenders will consider both of your credit scores, increasing the likelihood of qualifying for a secured personal loan. Properly utilizing collateral and co-signers can enable borrowers to access capital that they might not otherwise be able to obtain.

    Collateral typically refers to tangible assets such as vehicles, property, or savings accounts, which give lenders reassurance that they have something to collect in case the loan defaults. Conversely, a co-signer agrees to take on the responsibility of repaying the loan if the primary borrower is unable to meet their obligations.

    Here are some important considerations when involving a co-signer:

    • They must maintain good credit, as their credit score is part of the loan approval process, increasing the chance of loan approval with bad credit.
    • They need to be financially capable of making payments if you are unable to do so.
    • Their credit score will be affected by the loan.

    While using collateral and co-signers can improve access to financing, both options carry risks. It is crucial for borrowers to carefully assess their ability to repay the loan and understand the potential implications for the financial circumstances of the co-signer or collateral holder.

    Show Proof of Income

    Providing proof of income is one of the most crucial steps when applying for personal loans, particularly for borrowers with bad credit seeking guaranteed approval. Lenders require this documentation to assess a borrower’s ability to repay the loan, which is a key consideration in their decision-making process.

    Typically, lenders ask personal loan applicants to submit documents such as pay stubs, bank statements, or tax returns to verify their income. By providing clear and accurate information, you can expedite the loan approval process, making it possible to apply for a personal loan quickly.

    Offering a comprehensive view of your financial situation enhances your credibility and reassures lenders about your ability to repay the loan, making it easier to check offers for personal loans.

    Proof of income consists of several documents that demonstrate an applicant’s earnings over a specific time frame. To gather your documentation, consider the following tips:

    • Collect and organize your pay stubs from the last few months, as they are the most current and straightforward source of proof of income. Ensure that they align with your expectations and reflect any deductions that may apply.
    • Compile your bank statements, which can supplement your pay stubs and provide lenders with insight into your financial health and regular income deposits.
    • If you are self-employed, be prepared to present tax returns along with profit and loss statements that detail your income sources.
    • Stay informed about any changes in your employment or income. Keeping your lender updated can significantly enhance trust and confidence in their decision to lend you money.

    Consider Alternative Lenders

    Alternative lenders can broaden your options when searching for personal loans for bad credit, as they often have different criteria and may be more lenient in granting loans to individuals with lower credit scores. Many of these lenders operate online, making it easy to review offers for personal loans and assess the terms and rates available without the pressure of a traditional bank setting.

    It is essential to conduct thorough research to ensure you are working with reliable lenders. Exploring alternatives such as peer-to-peer lending platforms or credit unions can help borrowers find better solutions that may better suit their circumstances. These alternatives often offer flexible repayment terms and more favorable interest rates compared to conventional banks.

    When considering these lenders, it is important to:

    • Evaluate Interest Rates: Compare the annual percentage rates (APRs) of various lenders like Avant and LendingPoint to secure the best deal.
    • Evaluate Loan Terms: Ensure that repayment schedules are clear and that there are no hidden fees.
    • Evaluate Credibility: Look up reviews or ratings of the lender from previous borrowers to ensure their reliability.

    By assessing these criteria, individuals can make informed decisions that align with their financial interests.

    Conclusion: Finding the Right Guaranteed Approval Bad Credit Personal Loan for You

    Finding the right guaranteed approval personal loan for those with bad credit requires time and effort. It is crucial for individuals in need of this resource to conduct thorough research on various loan options to avoid taking on loans they may struggle to repay.

    According to an article by Expert Market Research titled “How to Get a Personal Loan with Bad Credit in 2025,” borrowers can take control of their financial situations by applying online through platforms like Acorn and comparing offers from top lenders. This approach allows them to select options that provide the necessary support at an affordable cost.

    Understanding the loan terms, interest rates, and potential fees is essential for making informed decisions, especially when you apply online at Acorn Finance.

    Conducting thorough research not only give the power tos borrowers but also reduces the risk of falling into predatory lending situations.
    It is advisable to review customer testimonials, assess each lender’s reputation, and evaluate how each loan aligns with personal financial goals.

    By considering these factors, borrowers can ensure that any loans they take on will facilitate rather than hinder their future financial growth and stability. As many individuals turn to personal loans for financial recovery and stability, being diligent, informed, and seeking multiple offers is the best course of action.

    Remember that investing time in searching for the best options can lead to greater financial security and peace of mind.

    Remember to pay more than minimum payment whenever possible to reduce the total interest paid.

    Frequently Asked Questions

    What are the best personal loans for bad credit guaranteed approval?

    The best personal loans for bad credit guaranteed approval include options from reputable lenders such as IOnline Payday Loans and platforms like Pay Day Ventures.

    These loans offer a guaranteed approval for individuals with a poor credit score and may range from $5,000 to smaller amounts like $500.

    Can I get a small personal loan with bad credit?

    Yes, there are options for small personal loans for bad credit. These loans typically have a lower loan amount, such as $500 or less, and may have higher interest rates. It’s important to compare offers and choose a reputable lender.

    Are there legit personal loans for bad credit?

    Yes, there are legit personal loans for bad credit from reputable lenders. It’s important to do your research and choose a lender with a good reputation and fair terms. IOnline Payday Loans is a trusted brand that offers legit personal loans for bad credit.

    Can I borrow $10 with easy personal loans for bad credit?

    There are options for easy personal loans for bad credit, but it’s important to be cautious of predatory lenders. Look for lenders like IOnline Payday Loans that offer a simple application process and quick approval, but also have fair terms and rates.

    Can I get a low interest personal loan with bad credit?

    While it may be more challenging to find a low interest personal loan with bad credit, it is possible. Look for lenders that specialize in bad credit loans, and compare offers to find the best rate. Keep in mind that a bad credit score may result in a higher interest rate compared to someone with good credit.

    Is a secured personal loan a good option for bad credit?

    A secured personal loan, where you use collateral such as a car or home to secure the loan, may be a good option for bad credit, especially with lenders like Oportun, Universal Credit, and OneMain.

    This can help lower the risk for the lender and may result in a lower interest rate. However, it’s important to carefully consider the potential consequences if you’re unable to repay the loan.

    Media Contact:
    Company Name: IOnline Payday Loans
    Registered Office Address: 1095 Sugar View Dr Ste 500 Sheridan, WY 82801
    Company Website: https://ionlinepaydayloans.com/
    Email: mria@ionlinepaydayloans.com
    Phone: 307-777-7311
    Contact person name: Mria

    Disclaimer: This announcement contains general information about Ionline payday loan services and should not be considered financial advice. Ionline Payday Loans does not guarantee loan approval, and loan terms may vary by applicant and lender requirements. Loans are available to U.S. residents only.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/caf8c62c-a5ca-4e06-8304-be78011c432e

    The MIL Network

  • MIL-OSI: Iterate.ai and ASA Computers Launch AIcurate, Bringing Secure, On-Prem AI to Enterprises and SMBs

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif. and DENVER, May 06, 2025 (GLOBE NEWSWIRE) — Iterate.ai, whose AI platform enables enterprises to build production-ready applications for private AI requirements and the AI PC era, and ASA Computers, a leading IT solution provider, today announced the launch of AIcurate, a turnkey, on-premises AI appliance that delivers complete control, privacy, and enterprise-grade AI performance without relying on the cloud.

    Built on Iterate.ai’s Generate platform and deployed on Dell PowerEdge servers, AIcurate empowers enterprises to run large language models (LLMs) and AI workloads securely and within their own infrastructure. The system supports integration with popular business tools, is vendor-agnostic, and is optimized for performance-intensive applications such as document analysis, internal search, and workflow automation.

    “Businesses large and small still face real barriers to successful, long-term AI adoption, including data privacy, vendor lock-in, and poor integration with the software they’re already using,” said Ruban Kanapathippillai, SVP of Systems and Solutions at ASA Computers. “AIcurate removes those roadblocks. It puts enterprise-grade AI directly into customers’ data centers, giving them full control while supporting the flexible and secure architecture that modern IT teams demand.”

    Unlike public AI platforms, AIcurate enables secure deployment of powerful LLMs such as OpenAI, PaLM 2, Meta’s Llama, Mistral, and Microsoft’s models, all without sending data to the cloud. Businesses can build custom AI workflows while ensuring compliance with internal policies and industry regulations.

    “With the launch of AIcurate, we’ve productized our Generate platform into a self-contained system designed for enterprise and SMB IT environments,” said Brian Sathianathan, CTO and co-founder of Iterate.ai. “Customers can use the solution for advanced and business-sensitive use cases like contract review, document summarization, internal knowledge search, and workflow automation, all while retaining complete control over their data. This is especially critical for sectors where cloud-based AI simply isn’t an option.”

    AIcurate runs on Dell PowerEdge servers with Intel Xeon processors and NVIDIA GPUs, providing the horsepower needed to process hundreds of pages of documents, perform retrieval-augmented generation (RAG), and support real-time AI inference.

    “AI success hinges on reliable, scalable infrastructure. By combining Dell PowerEdge’s proven performance with Iterate.ai’s private AI capabilities, AIcurate offers a practical and secure solution for businesses’ AI ambitions,” said Allen Clingerman, Chief Technology Strategist at Dell Technologies. “This collaboration makes advanced AI more accessible for organizations that can’t compromise on data control.”

    Capabilities included in AIcurate:

    • Secure on-prem deployment: Ensures all data remains in-house to meet compliance and privacy requirements; users can leverage local LLMs, guaranteeing that all processing and data are confined within the instance.
    • Enterprise tool integration: Works seamlessly with Microsoft Office, Google Workspace, QuickBooks, DocuSign, and more.
    • Support for leading LLMs: Compatible with OpenAI, Meta, PaLM 2, Mistral AI, and Microsoft models.
    • Vendor-agnostic architecture: Integrates seamlessly with any service or tool through API connections, eliminating vendor lock-in and providing users with greater flexibility.
    • Advanced document processing: Utilizes built-in RAG technology to process complex documents, enabling consistent and accurate queries based on the data contained within them.
    • Role-based access control: Granular permission management supports diverse user needs across large organizations.
    • Workflow automation with agentic AI: The platform features AI-powered workflow cards designed to streamline and automate everyday business processes. These cards use agentic AI to intelligently act on your data, helping teams complete tasks like content generation, document review, and reporting with minimal manual input.

    As enterprises become more cautious about cloud-based AI, demand is growing for private, flexible alternatives. AIcurate meets this need with a powerful, scalable solution that enterprises can deploy on their terms. The solution is especially suitable for industries with strict data governance needs, including healthcare, legal, finance, retail, and education. It is designed for both SMBs seeking cost-effective private AI, and large enterprises with complex infrastructure and compliance needs.

    For more information about AIcurate, contact AIcurate@asacomputers.com.

    About Iterate.ai

    Iterate.ai is at the forefront of empowering businesses with state-of-the-art AI solutions, like Generate and its AI low code platform, Interplay. Interplay is cloud-agnostic and can run AI on the edge and in secure private environments. With six patents granted (including “drag-and-drop AI”) and nearly a dozen more pending, Iterate.ai’s platform offers corporate innovators a low-risk, speedy, and systematic way to scale in-house, near-term digital innovation initiatives. With its largest offices in San Jose, CA and Denver, CO, Iterate.ai has a global presence with other offices in North America (Texas, Washington, Arizona), Europe (Stockholm), and Asia (India, Sri Lanka, Singapore).

    About ASA Computers

    ASA Computers, a member of the AI Platform Alliance, is a leading IT solution provider headquartered in Fremont, California. Specializing in custom server-to-rack designs for cloud, AI and HPC applications, ASA Computers delivers innovative engineering solutions tailored to meet diverse IT infrastructure needs. To learn more about ASA Computers, visit asacomputers.com.

    Contact
    Kyle Peterson
    kyle@clementpeterson.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bb0d4a84-30b7-4678-ac8a-45db0ddf204f.

    The MIL Network