Category: Australia

  • MIL-OSI Canada: Parliamentary secretary’s statement on Transgender Day of Visibility

    Source: Government of Canada regional news

    Jennifer Blatherwick, parliamentary secretary for gender equity, has released the following statement in honour of Transgender Day of Visibility:

    “Every year on March 31, B.C. celebrates Transgender Day of Visibility and the achievements and contributions of transgender, gender-diverse, and Two-Spirit people.

    “This day of recognition was started in 2010 by Rachel Crandall-Crocker to shift the focus away from the violence and the devastating impacts of transphobia on trans people’s lives and to uplift the many positive stories about the trans community.

    “It is important to recognize the contributions of transgender, gender-diverse, and Two-Spirit people. That’s why today, we recognize the more than 18,000 British Columbians who identify as transgender, gender-diverse, or Two-Spirit. They are our friends, family members, neighbours and colleagues, and today we celebrate them.

    “Transgender Day of Visibility is important because everyone benefits when we can all be our most authentic selves and be seen and loved for who we really are. B.C. is a diverse province and visibility matters, because everyone has the right to see themselves represented in our communities and our society. 

    “The University of Victoria hosts the world’s largest Transgender Archives, which span more than 120 years of records, including materials in 15 languages, from 23 countries and six continents. The Transgender Archives play an important role in preserving and highlighting trans history, and are a reminder that transgender, gender-diverse, and Two-Spirit people have always been here, and will always continue to be.

    “On this Transgender Day of Visibility, I invite all British Columbians to join me in celebrating and uplifting the transgender, gender-diverse, and Two-Spirit people from our communities, and working hard every day to make sure that transphobia, discrimination, and hate have no place in B.C.”

    MIL OSI Canada News

  • MIL-OSI Australia: What happens if you lodge the NFP self-review return late

    Source:

    Act now if you haven’t lodged

    Non-charitable not-for-profits (NFPs) with an active Australian business number (ABN) are legally required to lodge an NFP self-review return annually to notify their eligibility to self-assess as income tax exempt.

    If your NFP didn’t lodge its 2023–24 NFP self-review return by 31 March 2025 due date, lodge your return as soon as possible. You don’t need to contact us to request an extension.

    We’ve suspended penalty application for late lodgment of the 2023–24 NFP self-review return as part of the transitional support arrangements for the sector. From July 2025, we will start to review NFPs that intentionally ignore their obligations.

    Act now to avoid a review. It’s important to demonstrate that your NFP has taken steps to meet its lodgment obligation. Actions may include:

    • attempting to lodge the return online or via the self-help phone service on 13 72 26
    • engaging a registered tax agent to lodge the return on your behalf
    • setting up your myID to access Online services for business
    • updating your NFP’s ABN details via:
      • the Australian Business Register
      • Online services for business
      • a Change of registration details form.

    If you are waiting for your Change of registration details form to be processed before you lodge your return, you don’t need to contact us. We can see this on your records.

    We will also accept late lodgment of your NFP self-review return as demonstration that you have been actively taking steps to meet your obligations.

    Firmer action

    We’re committed to supporting NFPs who try to do the right thing.

    We will take firmer action with NFPs who are intentionally ignoring their NFP self-review return obligation and who are unwilling to comply. From July 2025, these NFPs may be subject to review.

    Find out about organisations who need to lodge an NFP self-review return, at Do you need to lodge?

    MIL OSI News

  • MIL-OSI United Kingdom: Dame June Raine: How innovations are transforming regulation and speeding new treatments to healthcare

    Source: United Kingdom – Government Statements

    News story

    Dame June Raine: How innovations are transforming regulation and speeding new treatments to healthcare

    As Dame June Raine gets ready to pass the baton on after nearly 40 years at the agency, the last five of which she has been CEO, she reflects on how new innovations are transforming regulation and how honoured she feels to have worked with such inspiring people through a period she has not just lived through but helped to shape.

    When I entered the world of regulation in the mid-1980s, approvals for new medicines or the trials investigating them were arduous and subjective, requiring the review of juggernauts of paper files with thousands of graphs and tables of data in each file – not to mention a retentive memory, a very big desk and many painstaking hours of review.

    Fast forward to today, and healthcare product regulation is being transformed by technology. Just as Lord Darzi called for a major tilt to technology in the heath service, so MHRA is working to take time out of the development and review process for transformative medicines and MedTech.

    For example, new AI tools can reduce the length of time taken to assess vital aspects of clinical trial applications from 3 hours to as few as 35 seconds, without compromising on safety. By rapidly pinpointing common errors in applications made by companies to the regulator, AI has sped up the overall assessment process and is helping to make it consistent and predictable.

    The intention of this is not to replace the expertise of our experienced and knowledgeable scientific assessors but rather to give them more time to focus on higher risk analyses and more finely balanced judgements. This will see clinical trials being set up more swiftly, saving companies valuable funds and giving patients quicker access to the potentially life-saving medicines being studied.

    Thanks to successful pilots, this AI technology is now coming on stream in regulation, with international approval of the work we are doing at MHRA. It shows how far regulation has come from the days of paper-based assessments, and how exciting regulation is today – and you don’t often hear the words ‘exciting’ and ‘regulation’ in the same sentence.

    We’re in a new era of medicine – one defined by technological advancements like AI and genomics; a focus on meeting the needs of the individual rather than the whole population. A continued challenge for the next decade will be to ensure that regulation doesn’t just keep pace with this innovation but enables it.

    That’s why last week saw the launch of our first Centres of Excellence of Regulatory Science and Innovation, two of which are driving forward AI and health technology and one active in improving safety through pharmacogenomics.

    As I get ready to pass the CEO baton on after nearly 40 years at the MHRA, the last five of which I have been Chief Executive, I have been reflecting on what has been accomplished during my time holding the reins. My leadership was one dominated by two main events that in many ways came to set the pace and direction of change.

    The first of these was EU Exit, which offered new freedom to form novel international partnerships with trusted healthcare agencies both at home and abroad. Our ACCESS consortium of the regulatory agencies of Australia, Canada, Singapore and Switzerland has created an attractive market for innovative industry of close on 160 million people.

    The second event was one that few saw coming. The COVID-19 pandemic brought devastation and hardship to many people’s lives. But in 10 months it ushered in the level of innovative change you would expect to see in 10 years. When we announced our world-first approval of the COVID-19 vaccine made by Pfizer and BioNTech, we didn’t cut any corners. We developed innovative approaches to delivering the same high scientific standards and worked hand in hand with NICE and the NHS.

    These two seismic events have come to define my leadership, and probably rightly so. But advances in AI and the strides we’ve made towards a more personalised regulatory approach are also vitally important and will set the trajectory for regulation in years to come.

    The next few years will be defining ones for medicines regulation. I have absolutely no doubt that the agency I am leaving behind will continue to step up to the job, never losing sight of paramount importance of patient safety. I feel truly honoured to have worked with inspiring people in a period we have not just lived through but helped to shape.

    I look forward to watching – this time from the sidelines with a much warmer cup of tea in hand.

    Updates to this page

    Published 31 March 2025

    MIL OSI United Kingdom

  • MIL-OSI: Silynxcom Advances its Real-Time Vital Life Signs Monitoring Communication Solution for Combat

    Source: GlobeNewswire (MIL-OSI)

    New potentially life-saving solution aims to enhance combat communication and safety and will not require users to carry additional health monitoring equipment

    Netanya, Israel, March 31, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, announced its latest innovation, the development of a tactical sound protection in-ear headset that combines real-time vital life signs monitoring with high communication capabilities. This advanced solution is designed to provide crucial health insights and real-time alerts for users in combat or high-risk environments.

    Announced on March 24, 2025, the new in-ear headset will integrate seamlessly with existing communication networks used in military and commercial operations and will allow delivering alerts to commanders and command centers, even when the user is incapacitated. The solution will not require users to carry additional health monitoring equipment, making it ideal for operational personnel where mobility and efficiency are paramount.

    Silynxcom’s modular technology allows for future enhancements and customization, enabling the Company to continuously adapt to evolving industry needs.

    “We believe that our new in-ear communication solution with real-time health monitoring is a game-changer for both military and commercial operations,” said Nir Klein, Chief Executive Officer of Silynxcom. “This solution can protect users and also enhance their situational awareness while reducing the need for carrying additional health monitoring gear. We believe that our commitment to innovation and quality has made us a trusted partner for military and law enforcement agencies seeking reliable communication solutions that enhance safety and effectiveness in the field.”

    Silynxcom’s headsets offer three essential communication features: hearing protection; hearing enhancement for full situational awareness; and an in-ear microphone that detects inner auditory echo to ensure clear communication without the need for an external microphone. The Company’s in-ear headsets are widely recognized for their ability to seamlessly integrate with various professional-grade ruggedized radios used by military and special forces worldwide.

    About Silynxcom Ltd.

    Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses: the belief that its new in-ear communication solution with real-time health monitoring is a game-changer for both military and commercial operations and can give Silynxcom a strategic advantage; this new communications solution is potentially life-saving; the belief that it will protect users and enhance users’ situational awareness while reducing the need for carrying additional health monitoring gear; and the belief that the Company’s commitment to innovation and quality has made it a trusted partner for military and law enforcement agencies seeking reliable communication solutions that enhance safety and effectiveness in the field. Forward-looking statements are based on Silynxcom’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2024, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    INVESTOR RELATIONS CONTACTS:

    Michal Efraty
    IR Manager
    ir@silynxcom.com

    The MIL Network

  • MIL-OSI Security: The Republic of Korea joins NATO Science & Technology Organization (STO) Partnership

    Source: NATO

    On 1 March 2025, the Republic of Korea joined NATO’s Science & Technology Organization (STO) Science & Technology (S&T) Enhanced Partnership, a programme designed to promote joint research and development in advanced S&T fields. With this status, the Republic of Korea will participate in the NATO S&T Board, which provides strategic guidance on NATO’s collaborative scientific research, and engages in joint research and development projects in areas such as medicine, sensing, cyber security, propulsion and power systems.

    That same day, Switzerland and Ukraine also joined the STO S&T Enhanced Partnership. Australia and Japan were the first S&T Partner nations, in 2015 and 2020 respectively. 

    Dr Bryan Wells, NATO Chief Scientist, said: “The NATO S&T Organization has always had a strong tradition of building close relations with NATO Partners. Bringing the Republic of Korea, Switzerland and Ukraine together with Australia and Japan as S&T Enhanced Partners marks a step change in our engagement. I look forward to welcoming our new S&T Enhanced Partners to their first NATO S&T Board meeting in Brussels in early April.”

    MIL Security OSI

  • MIL-OSI Security: NATO Aviation Committee meets in New Zealand to discuss future cooperation on air activities

    Source: NATO

    The NATO Aviation Committee was hosted by the Royal New Zealand Air Force in Christchurch, on 18-20 March 2025. This was the first time a NATO senior policy level committee met in the Indo-Pacific region, and a demonstration of NATO’s commitment to boosting cooperation with its four Indo-Pacific partners (Australia, Japan, New Zealand, and the Republic of Korea).

    Over 100 participants – including from partner countries and international organisations – shared views on the challenges faced by the military aviation of Allied and partner countries, and on the prospects of enhanced resilience, interoperability and civil-military cooperation.

    In the margins of the meeting, a NATO Industry Seminar brought together senior civil and military officials and industry leaders from the region, to better understand the strategic importance of aviation and space capabilities, share lessons learned, and enhance the safe development of cutting-edge commercial innovation. NATO officials also engaged with government officials and representatives of local universities to discuss NATO’s relations with New Zealand.

    In the current context of increasing geopolitical competition, NATO and New Zealand have been strengthening their relations to address shared security challenges and to contribute to defending international law. They also cooperate as part of NATO’s broader relations with its partners in the Indo-Pacific region. New Zealand has made valuable contributions to NATO-led operations and missions for many years, and in support to Ukraine – including through the NATO Security Assistance and Training for Ukraine (NSATU) – following Russia’s full-scale invasion of Ukraine.

    “The Euro-Atlantic region and the Indo-Pacific region are closely interlinked; we have had historic links for decades, and currently we face many of the same security challenges, and share the same values and the same strong interest in protecting international law,” NATO’s Assistant Secretary General for Defence Investment, Taja Jaakkola highlighted. “Let me be clear: this is not about NATO going to the region. NATO is and will remain a regional alliance whose aim is to protect its own region – North America and Europe; but we need to have a global outlook, and we see our partnerships with countries in the Indo-Pacific region as key in the current context; we have had closer dialogue in the last three NATO Summits with the leaders of Australia, Japan, the Republic of Korea and New Zealand; this dialogue is very important to better understand the challenges we face in our respective regions, and share best practices about how we deal with them,” she underscored.

    “NATO is a longstanding and likeminded security partner for New Zealand; our enduring partnership is key to providing the doctrine, tactics, training and procedures that underpin the New Zealand Defence Force’s interoperability with key partners; the finalisation last year of the New Zealand NATO Individually Tailored Partnership Programme demonstrates our intent to continue partnering with the Alliance on shared security challenges, including emerging disruptive technologies, cyber defence, industrial cooperation and climate change,” said New Zealand’s Associate Minister of Defence, Chris Penk. “With the launch last year of the ‘New Zealand Space and Advanced Aviation Strategy’ New Zealand aims to have an aviation regulatory environment that supports innovation while maintaining safety and protecting our national interests, including national security and New Zealand’s foreign policy interests; this strategy will support the growth and development of New Zealand’s space and advanced aviation sectors, with a view to New Zealand becoming an even greater hub of space and aviation activity,” he added.

    The Aviation Committee advises the North Atlantic Council on a “Total System Approach to Aviation (TSAA)” in support of NATO’s core tasks (collective deterrence and defence, crisis prevention and management, and cooperative security). It contributes to making Allied air activities more effective and to mitigate hazards, safety and security risks to air activities. It is NATO’s primary forum for the engagement of international aviation organisations and institutions at the policy and technical levels.

    MIL Security OSI

  • MIL-OSI: Rapid7 Recognizes Top Global Partners With 2025 Partner Of The Year Awards

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, March 31, 2025 (GLOBE NEWSWIRE) — Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced the winners of its 2025 Partner of the Year Awards. Now in its 5th year, the annual awards program recognizes both private and public sector partners for exceptional collaboration as well as their positive influence on customers’ security postures.

    Rapid7 recently announced significant updates to its global PACT partner program, uniting and energizing partners with tailored engagement programs and specializations, an all-new Partner Training Academy, and a modernized and expanded partner portal. The new program was rolled out to Rapid7’s full channel community, which includes resellers, distributors, systems integrators, and service providers, in a series of in person and virtual events that took place around the world.

    “The global Rapid7 partner community is essential in furthering our mission to give customers command of their attack surface with the most adaptive, predictive, and responsive cybersecurity platform,” said Alex Page, vice president of global channel and emerging technology sales, Rapid7. “Through the annual Partner of the Year Awards, we acknowledge the various ways our partners excel in specialization, collaboration, and—most importantly—customer outcomes.”

    This year, Rapid7 is recognizing 24 partners across 13 categories in four major geographic regions.

    North America Region Winners:

    • North America Partner of the Year: SHI
    • Canada Partner of the Year: Softchoice
    • Public Sector Partner of the Year: CDW•G
    • Best Customer Retention Partner of the Year: GuidePoint Security
    • Cloud Security Partner of the Year: SHI
    • Detection & Response Partner of the Year: CDW
    • Exposure Management Partner of the Year: SHI
    • MSSP Partner of the Year: Novawatch
    • Distributor of the Year: Carahsoft
    • Emerging Partner of the Year: The Redesign Group

    Latin America Region Winners:

    • Latin America Partner of the Year: Netconn

    EMEA Region Winners:

    APJ Region Winners:

    Partner of the Year Quotes:

    • North America Partner of the Year – Jared Crowley, senior director of partner software and security sales, SHI, said: “It is an honor for SHI to be recognized as the North America Partner of the Year, Cloud Partner of the Year, and VM Partner of the Year. These awards are a reflection of our team’s dedication and expertise in delivering innovative solutions to our customers. We are excited to continue strengthening our partnership with Rapid7 to drive even greater success together in the future.”
    • EMEA Partner of the Year – Will Day, cybersecurity alliances lead at Softcat, said: “I am delighted that the hard work and commitment of the teams has been recognized in this award. It is testament to the strength of partnership between Softcat and Rapid7, refined over the last 10-plus years, yet still fueled by a joint desire to win new customers and provide them with market-leading SecOps solutions. I’m looking forward to seeing what the next 12 months of growth in the partnership will bring.”
    • APJ Partner of the Year – Jordan Del-Grande, CEO and founder, DGplex, said: “We at DGplex are incredibly honored to be recognized as the APJ Partner of the Year by Rapid7. This award is a testament to our team’s dedication and expertise in delivering innovative cybersecurity solutions. We look forward to continuing our partnership with Rapid7 to drive excellence and provide unparalleled value to our clients across the region.”

    To learn more about Rapid7 partnerships and to explore partnership opportunities, visit https://www.rapid7.com/partners/.

    About Rapid7
    Rapid7, Inc. (NASDAQ: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 11,000 global customers unite cloud risk management with threat detection and response to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

    Rapid7 Media Relations
    Stacey Holleran
    Sr. Manager, Global Communications
    press@rapid7.com
    (857) 216-7804

    Rapid7 Investor Contact
    Elizabeth Chwalk
    Vice President, Investor Relations
    investors@rapid7.com
    (617) 865-4277

    The MIL Network

  • MIL-OSI: Australian Oilseeds Announces Second Quarter Fiscal 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    COOTAMUNDRA, Australia, March 31, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) today announced financial results for its second quarter fiscal 2025 ended December 31, 2024.

    Second Quarter Fiscal 2025 Financial Highlights Compared to Prior Year

    • Sales revenue increased 4.5% to A$10.4 million reflecting increased demand for the Company’s chemical free canola oil due to expanded customer contracts.
    • Retail oil revenue increased 47.6% to A$5.2 million due to expanded distribution in leading retailers in Australia along with the addition of several new SKUs.
    • Net loss of A$0.3 million compared to net income of A$1.0 million, reflecting changes to sales mix along with the timing of planned investments in brand and marketing to support our GEO products as well as higher professional fees, insurance cost and increased listing compliance costs.

    “Our retail oils business continued to deliver exceptional growth in the second quarter, reflecting robust demand across our portfolio as well as expanding distribution,” said Gary Seaton, Chief Executive Officer. “Our momentum is strong, including a significant increase in demand from China recently, and we continue to benefit from our commitment to eliminating chemicals from the edible oil production and manufacturing systems to supply quality products such as non-GMO oilseeds and organic and non-organic food-grade oils. We remain comfortable with our direction and trajectory and continue to expect to deliver improving returns over the long term as our business scales.”

    About Australian Oilseeds Investments Pty Ltd. Australian Oilseeds Investments Pty Ltd. is an Australian proprietary company that, directly and indirectly through its subsidiaries, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

    Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K for June 30, 2024 and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

    Contact
    Australian Oilseeds Holdings Limited
    126-142 Cowcumbla Street
    Cootamundra New South Wales 2590
    Attn: Amarjeet Singh, CFO
    Email: amarjeet.s@energreennutrition.com.au

    Investor Relations Contact
    Reed Anderson
    (646) 277-1260
    reed.anderson@icrinc.com 

    The MIL Network

  • MIL-OSI Global: Why do dogs love to play with trash?

    Source: The Conversation – USA – By Nancy Dreschel, Associate Teaching Professor of Small Animal Science, Penn State

    Dogs will be dogs. Raul Arboleda/AFP via Getty Images

    Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to CuriousKidsUS@theconversation.com.


    Why do dogs love to play with trash? – Sarah G٫ age 11٫ Seguin٫ Texas


    When I think about why dogs do something, I try to imagine what motivates them. What does a dog get out of playing with trash? As a veterinarian and a professor who teaches college students about companion animals, I believe there’s an easy answer: Garbage smells delicious and tastes good to dogs.

    Dogs have an amazing sense of smell. They have 300 million receptors for smell in their noses, while humans have only 6 million. People can make use of this sniffing ability to train dogs to detect illegal drugs, explosives and endangered species, and to help locate people lost in the woods.

    While you might not like how your trash smells, to your dog it is an appealing buffet brimming with apple cores, banana peels, meat scraps and stale bread. Even used napkins and paper towels are tempting to dogs, when they are smeared with and carry the smell of yesterday’s lunch.

    Because dogs can find trace amounts of explosives or a person buried under 6 feet (1.8 meters) of snow after an avalanche, they are certainly capable of locating last night’s pizza crust and chicken bones in the kitchen garbage can.

    Sometimes it’s hard to see what the attraction is. My Australian cattle dog mix, Sparky, loves to eat used tissues – gross, right?

    Even empty cans smell inviting to dogs. Trash cans in kitchens and bathrooms are often at their nose level, too, making for easy access. Add to that the fact that if the dog got into the garbage once and found something tasty, they will likely keep searching with the hope of being rewarded again.

    A Colombian police officer uses a drug-sniffing dog to search packages of flowers prior to export at El Dorado International Airport in Bogota on Feb. 5, 2025.
    Raul Arboleda/AFP via Getty Images

    Thrill of the hunt

    Searching and digging around for food is natural for dogs because it provides some of the thrill of the hunt, even if they just ate and aren’t hungry.

    The most successful prehistoric dogs ate the bones and scraps that humans left behind more than 10,000 years ago. Hanging around humans and their garbage was a way they could get plenty to eat. Even your pup today has some of those same old searching instincts.

    While our trash has changed from the days of hunting and gathering, the discarded paper napkins, plastic wrappers and food scraps we throw away all still smell like food to dogs. And this scavenging behavior is still hardwired in our pampered pets. Although it may look to us like they’re playing, our dogs’ sniffing out and tearing things up from the trash and tossing them around mimics what their ancestors did when they tugged on and tore up an animal carcass they had found.

    Many people take advantage of this instinct and use “snuffle mats” – cloth or paper where food is hidden – or puzzle feeding toys to keep their pups’ minds active. Having to hunt for and find their food helps them use their noses and sharpens their skills.

    Annoying or even dangerous

    While spreading trash all over the home may be natural for dogs, cleaning it up is no fun for the people they live with. And if your dog pokes its nose in a garbage can, it could be in danger. Eating plastic bags, string, chicken bones, chemicals or rotten food can cause blockages, diarrhea and poisoning. Commonly referred to as “garbage gut,” garbage poisoning can be life-threatening.

    I’ve treated dogs that cut their tongues and mouths on cans or broken glass. I once performed surgery to remove a corncob from the intestines of a dog that had eaten it a month earlier. He was certainly relieved when he woke up.

    How can you keep your dogs away from the trash?

    It can be hard to train a dog to leave garbage alone, especially if they have found a tasty morsel or two by raiding the trash can in the past. I recommend that you invest in a garbage can with a lid closed by a latch that they can’t open. If that fails, you can put garbage – especially food scraps – out of reach in a closet, cupboard or behind a closed door.

    My trash cans are all behind closed doors, and the bathroom doors are always shut, which also keeps my cat, Penny, from unrolling the toilet tissue. But that’s another story. Our kitchen trash is in a latched cupboard.

    No one knows exactly what goes through dogs’ minds. And yet looking at what motivates your canine companion and how dog behaviors have evolved may help explain why these animals do the things they do.


    Hello, curious kids! Do you have a question you’d like an expert to answer? Ask an adult to send your question to CuriousKidsUS@theconversation.com. Please tell us your name, age and the city where you live.

    And since curiosity has no age limit – adults, let us know what you’re wondering, too. We won’t be able to answer every question, but we will do our best.

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

    ref. Why do dogs love to play with trash? – https://theconversation.com/why-do-dogs-love-to-play-with-trash-247081

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: AUKUS Maritime Innovation Challenge 2025: Undersea Communications and Autonomy

    Source: United Kingdom – Executive Government & Departments

    News story

    AUKUS Maritime Innovation Challenge 2025: Undersea Communications and Autonomy

    AUKUS partners are seeking to research and develop innovations to enable the synchronisation and teaming of multiple undersea systems.

    • DASA has launched a new AUKUS Competition: Maritime Innovation Challenge 2025.
    • This is the second iteration of AUKUS Pillar 2’s Innovation Challenge Series which will run concurrently in Australia, the United Kingdom and the United States.
    • The UK competition run by DASA is open to all nations, although entrants from Australia or the United States can refer to their national competition page if they prefer.
    • Up to $8m USD in funding is available.

    The Defence and Security Accelerator (DASA) is pleased to launch the Maritime Innovation Challenge 2025 as a new AUKUS Competition. Following the ministerial announcement in December 2023 to launch an innovation challenge series under the AUKUS partnership, this competition is the second iteration of AUKUS Pillar 2’s Innovation Challenge Series. The challenge has been trilaterally agreed and is being run as a single multi-stage competition, across the Advanced Strategic Capabilities Accelerator (ASCA) in Australia, the Defence and Security Accelerator (DASA) in the United Kingdom and the Defence Innovation Unit (DIU) in the United States.

    What is AUKUS?

    AUKUS is a landmark security and defence partnership between Australia, the UK, and the US to support a free and open Indo-Pacific by strengthening regional global security.  Through Pillar 2, AUKUS partners seek to strengthen trilateral capabilities in cutting-edge military technologies, increase interoperability, and drive knowledge-sharing and innovation.

    What are we looking for?

    AUKUS partners are seeking to research and develop innovations to enable the synchronisation and teaming of multiple undersea systems. We invite innovations that enable some or all of the following Desired Capability Effects:

    1. Provide near real time communications between Undersea Vehicles (UVs)
    2. Provide near real time communications from UVs to Command and Control (C2) Systems /Battle Management System (BMS)
    3. Provide near real time communications between seabed systems to UVs and C2 System and BMS
    4. Provide a system that can optimally allocate the right asset to the right task in a dynamic and complex environment
    5. Provide optimal bandwidth utilisation and effective range, and perform in a contested/congested environment

    Successful proposals to this competition should seek to tackle one or more of the above Desired Capability Effects (1-5).

    We are looking for:

    • Proposals that describe how their solution will perform at various depths and hydrographic conditions
    • Solutions that exploit the right mode of communication at every point of the mission to optimise the chance of mission success
    • Solutions that could be applied to attritable or survivable systems
    • Technologies that are Secure By Design

    Key dates and funding

    • Up to $8m USD in funding is available to fund multiple proposals.
    • The deadline to submit a proposal for Stage 1 is midday 28 April 2025 (BST).

    Do you have an innovation? Read the full competition document and submit a proposal.

    Supporting event

    Launch Webinar: 3 April 2025

    A dial-in session providing further detail on the problem space and a chance to ask questions in an open forum. If you would like to participate, please register on the Eventbrite page.

    Submit a proposal

    Do you have an innovative technology that could help provide Defence with a competitive advantage with undersea systems?

    Read the full competition document to learn more and submit a proposal.

    Updates to this page

    Published 31 March 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 86

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL6

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 86
    NWS Storm Prediction Center Norman OK
    605 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southern Alabama
    The Western Florida Panhandle
    Southeast Mississippi
    Coastal Waters

    * Effective this Monday morning and afternoon from 605 AM until
    100 PM CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…A line of thunderstorms will move eastward over the next
    several hours. Scattered severe/damaging winds with peak gusts up to
    60-70 mph should be the main threat, although a tornado or two may
    also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 45 miles north northwest
    of Evergreen AL to 30 miles southeast of Mobile AL. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU6).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 83…WW 84…WW 85…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    SEL6

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 86
    NWS Storm Prediction Center Norman OK
    605 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southern Alabama
    The Western Florida Panhandle
    Southeast Mississippi
    Coastal Waters

    * Effective this Monday morning and afternoon from 605 AM until
    100 PM CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…A line of thunderstorms will move eastward over the next
    several hours. Scattered severe/damaging winds with peak gusts up to
    60-70 mph should be the main threat, although a tornado or two may
    also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 45 miles north northwest
    of Evergreen AL to 30 miles southeast of Mobile AL. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU6).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 83…WW 84…WW 85…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW6
    WW 86 SEVERE TSTM AL FL MS CW 311105Z – 311800Z
    AXIS..75 STATUTE MILES EAST AND WEST OF LINE..
    45NNW GZH/EVERGREEN AL/ – 30SE MOB/MOBILE AL/
    ..AVIATION COORDS.. 65NM E/W /53WSW MGM – 32SE SJI/
    HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 27035.

    LAT…LON 32008605 30378664 30378915 32008861

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU6.

    Watch 86 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (10%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Low (20%)

    Probability of 1 or more hailstones > 2 inches

    Low (10%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI: LM Funding America, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    – Fourth quarter and full-year 2024 total revenue of $2.0 million and $11.0 million, respectively.
    – Fourth quarter and full-year 2024 CORE EBITDA of $3.3 million and $3.9 million, respectively.
    – Held 165.8 Bitcoin on February 28, 2025 valued at approximately $14.4 million, as of March 26, 2025

    TAMPA, Fla., March 31, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today reported financial results for the three months and full year ended December 31, 2024.

    Q4’24 Financial Highlights
    All variances are compared with prior year unless stated otherwise:

    • Mined 21.7 Bitcoin at an average price of approximately $83,000, generating total revenue of approximately $2.0 million. The year-over-year decrease in revenue primarily reflects the effects of the April 2024 Bitcoin Halving event and the transition of miners from storage into the new Oklahoma mining site.
    • Net income attributable to LM Funding shareholders was approximately $2.0 million compared with a net loss of approximately $1.6 million. The improvement in the net income was primarily driven by the new ASU Bitcoin standards that require mark-to-market valuation adjustment for our Bitcoin holdings.
    • Core EBITDA was approximately $3.3 million compared with $0.3 million1. The improvements in Core EBITDA were primarily due to gains on the fair value of Bitcoin in addition to lower digital mining costs and reduced compensation.
    • At year end, cash was approximately $3.4 million. Digital assets were $14.0 million based on 150.2 Bitcoin held at a price of approximately $93,000 as of December 31, 2024.
    • Net book value of equity was approximately $35.3 million as of December 31, 2024 or $7.21 per share2.
    • As of February 28, 2025, held 165.8 Bitcoin valued at approximately $14.4 million as of March 26, 2025 (based on Bitcoin price of approximately $87,000) or Bitcoin per share of $2.813.

    ________________________
    1 Core EBITDA is a non-GAAP financial measure, and a reconciliation of Core EBITDA to net income can be found below.
    2,3 Based on shares outstanding of 5,133,412 as of December 31, 2024.


    Q4’24 Operational Highlights

    • 15 MW site acquisition: The Company further executed its transition from an infrastructure-light strategy, mining at hosted facilities, to a fully vertically integrated strategy with low-cost electricity underpinning its operations. In addition to the low-cost energy, the strategy allows controlled uptime, which LM Funding believes will lead to more efficient mining and higher margins.
    • Mining fleet upgrade: In Q1 2025, the Company partnered with Luxor Technology Corporation to install their proprietary LuxOS firmware on its existing fleet, which could potentially boost the Company’s mining efficiency by 10-15%. This upgrade allows LM Funding to mine Bitcoin at a higher profitability without any additional capex investment.

    CEO Commentary

    Bruce Rodgers, Chairman and CEO of LM Funding, commented, “Using the halving as our pivot point of opportunity, we transitioned from an infrastructure-light hosted mining strategy  to a vertically integrated model—one where we manage the infrastructure ourselves, ensuring better margins and mitigating risks associated with third-party hosting arrangements.  With our Oklahoma facility, we secured low-cost power for our miners and now we own and totally control our mining infrastructure and costs. This vertical integration significantly reduces our fleet-wide energy costs and improves our operations for enhanced uptime and mining efficiency. Looking forward, our strong balance sheet and lean operations position us to grow our mining revenue by seeking to acquire new mining sites with similar size, prices, and terms.”

    CFO Commentary

    Richard Russell, CFO of LM Funding, stated, “Throughout our expansion last year, we remained disciplined in our spending. By actively maintaining a low-cost structure – from power sourcing and infrastructure investments to staffing and equipment – we were able to successfully navigate a challenging year for the industry and our first Bitcoin Halving event, which occurred in April 2024. This strategic cost control enabled us to achieve profitability in 2024 on a Core EBITDA basis, as well as grow our Bitcoin treasury, which is a significant piece of our long-term strategy. By retaining a portion of our Bitcoin mined, we not only capture potential upside for shareholders but also deepen our alignment with the broader Bitcoin industry.”

    Full Year 2024 Financial Highlights
    All variances are compared with prior year unless stated otherwise:

    • Mined 170.6 Bitcoin at an average price of approximately $61,000, generating total revenue of approximately $11.0 million. The year-over-year decrease in revenue primarily reflects the effects of the April 2024 Bitcoin halving event.
    • Net loss attributable to LM Funding shareholders for the year ended December 31, 2024, was approximately $7.3 million compared with a net loss of approximately $15.9 million in 2023.
    • Core EBITDA income for the twelve months ended December 31, 2024 was approximately $3.9 million, compared with a Core EBITDA loss of $0.2 million in 2023. The improvements in Core EBITDA were primarily due to gains on the fair value of Bitcoin in addition to lower digital mining costs and reduced compensation.

    Investor Conference Call

    LM Funding will host a conference call today, March 31, 2025, at 8:00 A.M. Eastern Time to discuss the Company’s financial results for the quarter and full year ended December 31, 2024, as well as the Company’s corporate progress and other developments. A copy of this earnings release and investor presentation are available on the Company’s Investor Relations website at https://www.lmfunding.com/investors.  

    Conference Call Details

    • Date: March 31, 2025 
    • Time: 8:00 AM EST 
    • Participant Call Links: 
      • Live Webcast: Link 
      • Participant Call Registration: Link 

    About LM Funding America

    LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.

    Forward-Looking Statements

    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    For investor and media inquiries, please contact:

    Investor Relations
    Orange Group
    Yujia Zhai
    lmfundingIR@orangegroupadvisors.com

     

             
    LM Funding America, Inc. and Subsidiaries Consolidated Balance Sheets (unaudited)
             
        December 31,   December 31,
          2024       2023  
             
    Assets        
    Cash   $ 3,378,152     $ 2,401,831  
    Digital assets – current (Note 4)     9,021,927       3,416,256  
    Finance receivables     21,051       19,221  
    Marketable securities (Note 7)     27,050       17,860  
    Receivable from sale of Symbiont assets (Note 7)     200,000       200,000  
    Prepaid expenses and other assets     827,237       4,067,212  
    Income tax receivable     31,187       31,187  
    Current assets     13,506,604       10,153,567  
             
    Fixed assets, net (Note 5)     18,376,948       24,519,610  
    Intangible assets, net (Note 5)     5,478,958        
    Deposits on mining equipment (Note 6)     467,172       20,837  
    Notes receivable from Seastar Medical Holding Corporation (Note 7)           1,440,498  
    Long-term investments – equity securities (Note 7)     4,255       156,992  
    Investment in Seastar Medical Holding Corporation (Note 7)     200,790       1,145,486  
    Digital assets – long-term (Note 4)     5,000,000        
    Operating lease – right of use assets (Note 9)     938,641       189,009  
    Other assets     73,857       86,798  
    Long-term assets     30,540,621       27,559,230  
    Total assets   $ 44,047,225     $ 37,712,797  
             
    Liabilities and stockholders’ equity        
    Accounts payable and accrued expenses     989,563       2,064,909  
    Note payable – short-term (Note 8)     386,312       567,586  
    Due to related parties (Note 11)     15,944       22,845  
    Current portion of lease liability (Note 9)     170,967       110,384  
    Total current liabilities     1,562,786       2,765,724  
             
    Note payable – long-term (Note 8)     6,365,345        
    Lease liability – net of current portion (Note 9)     776,535       85,775  
    Long-term liabilities     7,141,880       85,775  
    Total liabilities     8,704,666       2,851,499  
             
    Stockholders’ equity (Note 12)        
    Preferred stock, par value $.001; 150,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and December 31, 2023            
    Common stock, par value $.001; 350,000,000 shares authorized; 5,133,412 shares issued and outstanding as of December 31, 2024 and 2,492,964 as of December 31, 2023     4,602       2,493  
    Additional paid-in capital     102,685,470       95,145,376  
    Accumulated deficit     (65,662,731 )     (58,961,461 )
    Total LM Funding America stockholders’ equity     37,027,341       36,186,408  
    Non-controlling interest     (1,684,782 )     (1,325,110 )
    Total stockholders’ equity     35,342,559       34,861,298  
    Total liabilities and stockholders’ equity   $ 44,047,225     $ 37,712,797  
             

      

    LM Funding America, Inc. and Subsidiaries Consolidated Statements of Operations (unaudited)
                     
        Three Months Ended December 31,   Years Ended December 31,
          2024       2023       2024       2023  
    Revenues:                
    Digital mining revenues   $ 1,814,169     $ 3,946,485     $ 10,432,605     $ 12,289,131  
    Specialty finance revenue     140,377       75,901       443,599       550,445  
    Rental revenue     30,678       33,028       123,444       144,514  
    Total revenues     1,985,224       4,055,414       10,999,648       12,984,090  
    Operating costs and expenses:                
    Digital mining cost of revenues (exclusive of depreciation and amortization shown below)     1,248,083       2,668,770       6,990,856       9,406,940  
    Staff costs and payroll     907,883       1,121,796       4,556,781       5,858,736  
    Depreciation and amortization     658,757       1,495,614       7,774,161       4,983,480  
    Gain on fair value of Bitcoin, net     (4,254,031 )     (383,497 )     (7,350,805 )      
    Impairment loss on mining equipment     191,317       261,191       1,379,375        
    Impairment loss on mined digital assets           280,278             965,967  
    Realized gain on sale of mined digital assets           (999,717 )           (2,070,508 )
    Professional fees     434,251       634,535       2,057,165       1,863,038  
    Selling, general and administrative     234,366       168,632       817,041       851,806  
    Real estate management and disposal     70,483       19,105       159,913       146,716  
    Collection costs     4,647       12,342       41,043       29,875  
    Settlement costs with associations                       10,000  
    Loss on disposal of assets     81,594       9,389       136,100       9,389  
    Other operating costs     232,168       542,105       899,569       999,959  
    Total operating costs and expenses     (190,482 )     5,830,543       17,461,199       23,055,398  
    Operating income (loss)     2,175,706       (1,775,129 )     (6,461,551 )     (10,071,308 )
    Unrealized gain on marketable securities     8,206       7,134       9,190       13,570  
    Impairment loss on prepaid machine deposits                 (12,941 )     (36,691 )
    Impairment loss on prepaid hosting deposits           (184,236 )           (184,236 )
    Unrealized loss on investment and equity securities     (244,809 )     546,563       (1,097,433 )     (9,771,050 )
    Impairment loss on Symbiont assets                       (750,678 )
    Gain on fair value of purchased Bitcoin, net     (18,729 )           39,197        
    Credit loss on Seastar note receivable           22,344              
    Realized gain on securities           2,632             4,420  
    Realized gain on sale of purchased digital assets                       1,917  
    Gain on adjustment of note receivable allowance                       1,052,542  
    Other income – coupon sales                 4,490       639,472  
    Other income – financing revenue                       37,660  
    Interest expense     (211,946 )           (443,700 )      
    Interest income     182,620       38,705       307,316       249,586  
    Income (loss) before income taxes     1,891,048       (1,341,987 )     (7,655,432 )     (18,814,796 )
    Income tax expense           (60,571 )           (60,571 )
    Net income (loss)   $ 1,891,048     $ (1,402,558 )   $ (7,655,432 )   $ (18,875,367 )
    Less: loss attributable to non-controlling interest     74,760       (189,208 )     340,056       2,931,113  
    Net income (loss) attributable to LM Funding America Inc.   $ 1,965,808     $ (1,591,766 )   $ (7,315,376 )   $ (15,944,254 )
    Less: deemed dividends (Note 12)     (5,090,619 )           (6,794,924 )      
    Net loss attributable to common shareholders   $ (3,124,811 )   $ (1,591,766 )   $ (14,110,300 )   $ (15,944,254 )
                     
    Basic loss per common share (Note 1)   $ (0.86 )   $ (0.67 )   $ (5.02 )   $ (6.98 )
    Diluted loss per common share (Note 1)   $ (0.86 )   $ (0.67 )   $ (5.02 )   $ (6.98 )
                     
    Weighted average number of common shares outstanding                
    Basic     3,650,624       2,362,964       2,808,064       2,283,836  
    Diluted     3,650,624       2,362,964       2,808,064       2,283,836  
                     

      

    LM Funding America, Inc. and Subsidiaries Consolidated Statements of Cash Flows (unaudited)
     
        Years Ended December 31,
          2024       2023  
    CASH FLOWS FROM OPERATING ACTIVITIES:        
    Net loss   $ (7,655,432 )   $ (18,875,367 )
    Adjustments to reconcile net loss to net cash used in operating activities        
    Depreciation and amortization     7,774,161       4,983,480  
    Noncash lease expense     109,842       98,536  
    Amortization of debt issue costs     35,435        
    Stock compensation     76,322       1,095,705  
    Stock option expense     443,220       1,843,731  
    Professional fees paid in common shares     100,001        
    Accrued investment income     (197,104 )     (159,692 )
    Digital assets other income     (4,490 )      
    Gain on fair value of Bitcoin, net     (7,390,002 )      
    Impairment loss on mining machines     1,379,375        
    Impairment loss on digital assets           965,967  
    Impairment loss on mining machine deposits     12,941       36,691  
    Impairment loss on hosting deposits           184,236  
    Impairment loss on Symbiont assets           750,678  
    Unrealized gain on marketable securities     (9,190 )     (13,570 )
    Realized gain on securities           (4,420 )
    Unrealized loss on investment and equity securities     1,097,433       9,771,050  
    Loss on disposal of fixed assets     136,100       9,389  
    Allowance for loss on debt security            
    Proceeds from securities           744,036  
    Realized gain on sale of digital assets           (2,072,425 )
    Reversal of allowance loss on debt security           (1,052,542 )
    Investments in marketable securities           (739,616 )
    Change in operating assets and liabilities:        
    Prepaid expenses and other assets     3,781,133       189,407  
    Hosting deposits     (12,941 )     (36,691 )
    Repayments to related party     (6,901 )     (52,643 )
    Accounts payable and accrued expenses     (1,075,346 )     177,478  
    Mining of digital assets     (10,432,605 )     (12,289,131 )
    Proceeds from sale of digital assets           10,874,701  
    Lease liability payments     (108,131 )     (95,948 )
    Income tax receivable           262,279  
    Net cash used in operating activities     (11,946,179 )     (3,404,681 )
    CASH FLOWS FROM INVESTING ACTIVITIES:        
    Net collections of finance receivables – original product     1,059       (6,428 )
    Net collections of finance receivables – special product     (2,889 )     14,009  
    Capital expenditures     (1,732,472 )     (1,625,284 )
    Proceeds from sale of fixed assets     78,806        
    Acquisition of Tech Infrastructure JV I LLC assets     (3,642,870 )      
    Investment in note receivable     (3,587,195 )     (125,000 )
    Collection of note receivable           2,651,943  
    Collection of note receivable – related party     1,449,066        
    Investment in digital assets     (485,500 )     (35,157 )
    Proceeds from sale of digital assets     8,309,104       27,815  
    Proceeds from the sale of tether     11,928        
    Symbiont asset acquisition           1,800,000  
    Financing activities for Symbiont asset acquisition           (402,361 )
    Distribution to members     (19,616 )      
    Net cash provided by investing activities     379,421       2,299,537  
    CASH FLOWS FROM FINANCING ACTIVITIES:        
    Proceeds from borrowings     6,329,910        
    Insurance financing repayments     (709,491 )     (624,481 )
    Exercise of warrants     4,748,971      
    Exercise of options     25,000        
    Proceeds from equity offering     2,148,689        
    Issue costs for the issuance of common stock           (106,550 )
    Net cash provided by (used in) financing activities     12,543,079       (731,031 )
    NET INCREASE (DECREASE) IN CASH   $ 976,321     $ (1,836,175 )
    CASH – BEGINNING OF PERIOD     2,401,831       4,238,006  
    CASH – END OF PERIOD   $ 3,378,152     $ 2,401,831  
             

     

    NON-GAAP CORE EBITDA RECONCILIATION

    Our reported results are presented in accordance with U.S. generally accepted accounting principles (“GAAP”). We also disclose Earnings before Interest, Tax, Depreciation and Amortization (“EBITDA”) and Core Earnings before Interest, Tax, Depreciation and Amortization (“Core EBITDA”) which adjusts for unrealized loss on investment and equity securities, impairment loss on mined digital assets, impairment of long-lived assets, impairment of prepaid hosting deposits, contract termination costs and stock compensation expense and option expense, all of which are non-GAAP financial measures. We believe these non-GAAP financial measures are useful to investors because they are widely accepted industry measures used by analysts and investors to compare the operating performance of Bitcoin miners.

    The following tables reconcile net loss, which we believe is the most comparable GAAP measure, to EBITDA and Core EBITDA:

                     
        Three Months Ended December 31,   Years Ended December 31,
          2024       2023       2024       2023  
                     
    Net loss   $ 1,891,048     $ (1,402,558 )   $ (7,655,432 )   $ (18,875,367 )
    Income tax expense           60,571             60,571  
    Interest expense     211,946             443,700        
    Depreciation and amortization     658,757       1,495,614       7,774,161       4,983,480  
    Income (loss) before interest, taxes & depreciation   $ 2,761,751     $ 153,627     $ 562,429     $ (13,831,316 )
    Unrealized loss on investment and equity securities     244,809       (546,563 )     1,097,433       9,771,050  
    Gain on adjustment of note receivable allowance                       (1,052,542 )
    Impairment loss on mined digital assets           143,317             965,967  
    Impairment loss on prepaid machine deposits     12,941             12,941       36,691  
    Impairment loss on prepaid hosting deposits           184,236             184,236  
    Costs associated with At-the-Market Equity program                 119,050        
    Contract termination costs                 250,001        
    Impairment loss on Symbiont assets                       750,678  
    Impairment loss on mining equipment     191,317             1,379,375        
    Stock compensation and option expense     110,805       410,584       519,542       2,939,436  
    Core income (loss) before interest, taxes & depreciation   $ 3,321,623     $ 345,201     $ 3,940,771     $ (235,800 )
                     

    The MIL Network

  • MIL-OSI: FTC Solar Announces Fourth Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    • Fourth quarter revenue of $13.2 million, at the high end of our prior target
    • Entered into 5-gigawatt supply arrangement with Recurrent Energy
    • Awarded 330+ megawatt project in Australia from GPG Naturgy
    • Awarded 280-megawatt project in U.S. from Rosendin
    • Appointed industry veteran Kent James as U.S. Chief Commercial Officer
    • Received additional $3.2 million earn-out on prior investment post quarter end
    • Announced upsizing of promissory note offering for up to additional $10-$15 mil. to close in Q2

    AUSTIN, Texas, March 31, 2025 (GLOBE NEWSWIRE) —  FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the fourth quarter that ended December 31, 2024.

    “In addition to reporting favorable quarterly results relative to our targets, I’m pleased to say that we have had a number of recent wins and building momentum,” said Yann Brandt, President and Chief Executive Officer of FTC Solar. “Last quarter I highlighted a new 1-gigawatt supply agreement with Dunlieh Energy, a 500+ megawatt supply agreement with Strata Clean Energy, additional detail on a 1-gigawatt agreement with Sandhills Energy, a $15 million note placement and a $4.7 million cash earn-out on a prior investment. Building on those successes, today we announced several additional wins, including a new 5-gigawatt supply arrangement with Recurrent Energy, a 330+ megawatt project award from GPG Naturgy, a 280-megawatt project award from Rosendin, an additional earn-out payment, and an upsizing to our promissory note offering.

    “During the first six months of my tenure, we have been focused on shoring up our near-term backlog. In aggregate we have added multiples of our current annual revenue run rate to our backlog, signing several gigawatts of agreements with Tier 1 accounts along with other awards, added more than $30 million in additional liquidity to our balance sheet, strengthened our sales team with new hires including Kent James, further strengthened our product offering and capabilities and increased our commercial traction with bids on many gigawatts of future projects.

    “I believe that FTC Solar is in an incredibly fortunate situation in many respects with products that customers love, a business they enjoy working with, a cost structure that will enable strong margin growth and profitability, and a compelling 1P product set that opens up the 85% of the market that wasn’t available to us in the past. We believe our revenue bottomed in Q3, we saw growth in Q4, expect growth in Q1, and have been winning many new awards that we believe will help us ramp our revenue, achieve adjusted EBITDA breakeven, and become a strong and significant competitor in the industry.” 

    Summary Financial Performance: Q4 2024 compared to Q4 2023

        U.S. GAAP     Non-GAAP(c)  
        Three months ended December 31,  
    (in thousands, except per share data)   2024     2023     2024     2023  
    Revenue   $ 13,202     $ 23,201     $ 13,202     $ 23,201  
    Gross margin percentage     (29.1 %)     3.0 %     (25.6 %)     4.8 %
    Total operating expenses   $ 9,591     $ 12,428     $ 7,391     $ 10,848  
    Loss from operations(a)   $ (13,428 )   $ (11,736 )   $ (9,840 )   $ (10,050 )
    Net loss   $ (12,235 )   $ (11,177 )   $ (10,228 )   $ (9,657 )
    Diluted loss per share(b)   $ (0.96 )   $ (0.89 )   $ (0.80 )   $ (0.77 )


    (a)   Adjusted EBITDA for Non-GAAP

    (b)   Prior year amounts per share have been revised to reflect the 1-for-10 reverse stock split, effective November 29, 2024
    (c)   See below for reconciliation of Non-GAAP financial measures to the nearest comparable GAAP measures

    Reflecting net purchase order additions and adjustments since November 12, 2024, the contracted portion of the company’s backlog1 now stands at approximately $502 million. 

    Fourth Quarter Results
    Total fourth-quarter revenue was $13.2 million, within our target range. This revenue level represents an increase of 30.2% compared to the prior quarter and a decrease of 43.1% compared to the year-earlier quarter due to lower product volumes.

    GAAP gross loss was $3.8 million, or 29.1% of revenue, compared to gross loss of $4.3 million, or 42.5% of revenue, in the prior quarter. Non-GAAP gross loss was $3.4 million or 25.6% of revenue. The result for this quarter compares to non-GAAP gross profit of $1.1 million in the prior-year period, with the difference driven primarily by the impact of lower current quarter revenues which were not sufficient to cover certain fixed indirect costs.

    GAAP operating expenses were $9.6 million. On a non-GAAP basis, operating expenses were $7.4 million. This result compares to non-GAAP operating expenses of $10.8 million in the year-ago quarter. 

    GAAP net loss was $12.2 million or $0.96 per diluted share, compared to a loss of $15.4 million or $1.21 per diluted share in the prior quarter (post-split) and a net loss of $11.2 million or $0.89 per diluted share (post-split) in the year-ago quarter. Adjusted EBITDA loss, which excludes an approximate $2.4 million net loss from stock-based compensation expense and other non-cash items, was $9.8 million, compared to losses of $12.2 million(2) in the prior quarter and $10.1 million in the year-ago quarter.

    Subsequent Events
    The company announced today a number of agreements, awards or other items which occurred subsequent to the end of the fourth quarter, including: 

    • A 5-gigawatt supply arrangement with Recurrent Energy. Recurrent is one of the world’s largest and most geographically diversified utility-scale solar developers. The projects are expected to be located in the U.S., Europe and Australia and utilize a combination of our 1P and 2P tracker technologies. It’s anticipated that the first project revenue under this arrangement will begin in the second half of 2025.
    • A 333-megawatt project award from GPG, the power generation subsidiary of multinational energy leader Naturgy, which operates in more than 20 countries with 16 million customers. The project, which is located in Australia, will utilize our 1P Pioneer tracker and is expected to begin tracker production in mid-2025.
    • A 280-megawatt project award from Rosendin, a top 5 EPC and the largest employee-owned electrical contractor in the U.S. The project, which is located on the U.S. West Coast, will also utilize our 1P Pioneer solution and is expected to begin tracker production in mid-2025. 
    • A $3.2 million earn-out on the company’s prior investment in Dimension Energy. The payment, which was received in the first quarter of 2025, brings the total escrow release and earn-outs received since 2021 to more than $15 million.
    • And finally, on March 4, 2024, the company entered into a binding term sheet to upsize the previously announced promissory note offering. Under the terms of the upsized agreement the company will issue to the Investor, in a private placement, senior secured promissory notes in an aggregate principal amount of up to an additional $10-$15 million dollars and common stock purchase warrants. The transaction is expected to close during the second quarter. This is in addition to the $15 million received in the fourth quarter of 2024.

    Outlook
    For the first quarter, we expect revenue at the midpoint of our guidance range to be up approximately 44% relative to the fourth quarter.

    (in millions) 4Q’24
    Guidance
      4Q’24
    Actual
      1Q’25
    Guidance(3)
    Revenue $10.0 – $14.0   $13.2    $18.0 – $20.0
    Non-GAAP Gross Loss $(4.2) – $(1.5)   $(3.4)   $(4.8) – $(2.3)
    Non-GAAP Gross Margin (42.2%) – (10.7%)   (25.6%)   (26.6%) – (11.7%)
    Non-GAAP operating expenses $8.2 – $9.0   $7.4    $7.7 – $8.4
    Non-GAAP adjusted EBITDA $(13.7) – $(9.9)   $(9.8)   $(13.3) – $(10.0)

    We continue to expect to achieve adjusted EBITDA breakeven on a quarterly basis within 2025.

    Fourth Quarter 2024 Earnings Conference Call
    FTC Solar’s senior management will host a conference call for members of the investment community at 8:30 a.m. E.T. today, during which the company will discuss its fourth quarter results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of FTC Solar’s website at https://investor.ftcsolar.com. A replay of the conference call will also be available on the website for 30 days following the webcast.

    About FTC Solar Inc.
    Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a global provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.

    Footnotes
    1. The term ‘backlog’ or ‘contracted and awarded’ refers to the combination of our executed contracts (contracted) and awarded orders (awarded), which are orders that have been documented and signed through a contract, where we are in the process of documenting a contract but for which a contract has not yet been signed, or that have been awarded in writing or verbally with a mutual understanding that the order will be contracted in the future. In the case of certain projects, including those that are scheduled for delivery on later dates, we have not locked in binding pricing with customers, and we instead use estimated average selling price to calculate the revenue included in our contracted and awarded orders for such projects. Actual revenue for these projects could differ once contracts with binding pricing are executed, and there is also a risk that a contract may never be executed for an awarded but uncontracted project, or that a contract may be executed for an awarded but uncontracted project at a date that is later than anticipated, or that a contract once executed may be subsequently amended, supplemented, rescinded, cancelled or breached, including in a manner that impacts the timing and amounts of payments due thereunder, thus reducing anticipated revenues. Please refer to our SEC filings, including our Form 10-K, for more information on our contracted and awarded orders, including risk factors.
    2. A reconciliation of prior quarter Non-GAAP financial measures to the nearest comparable GAAP measures may be found in Exhibit 99.1 of our Form 8-K filed on November 12, 2024.
    3. We do not provide a quantitative reconciliation of our forward-looking non-GAAP guidance measures to the most directly comparable GAAP financial measures because certain information needed to reconcile those measures is not available without unreasonable efforts due to the inherent difficulty in forecasting and quantifying these measures as a result of changes in project schedules by our customers that may occur, which are outside of our control, and the impact, if any, of credit loss provisions, asset impairment charges, restructuring or changes in the timing and level of indirect or overhead spending, as well as other matters, that could occur which could significantly impact the related GAAP financial measures.

    Forward-Looking Statements
    This press release contains forward looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, including, without limitation, the risks and uncertainties described in more detail above and in our filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”), our Quarterly Reports on Form 10-Q, and other documents, including Current Reports on Form 8-K, that we have filed, or will file, with the SEC. You should not rely on our forward-looking statements as predictions of future events, as actual results may differ materially from those in the forward-looking statements as a result of certain risks and uncertainties, including, without limitation, the risks and uncertainties described in more detail above and in our filings with the SEC, including the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our Annual Report on Form 10-K filed with the SEC, our Quarterly Reports on Form 10-Q, and other documents, including Current Reports on Form 8-K, that we have filed, or will file, with the SEC. Any forward-looking statements in this release speak only as of the date on which they are made. FTC Solar undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    FTC Solar Investor Contact:
    Bill Michalek
    Vice President, Investor Relations
    FTC Solar
    T: (737) 241-8618
    E: IR@FTCSolar.com

     
    FTC Solar, Inc.
    Condensed Consolidated Statements of Comprehensive Loss
    (unaudited)
     
      Three months ended December 31,     Year ended December 31,  
    (in thousands, except shares and per share data) 2024     2023     2024     2023  
    Revenue:                      
    Product $ 10,428     $ 20,945     $ 37,520     $ 101,872  
    Service   2,774       2,256       9,835       25,130  
    Total revenue   13,202       23,201       47,355       127,002  
    Cost of revenue:                      
    Product   13,553       19,620       48,185       93,314  
    Service   3,486       2,889       11,764       25,381  
    Total cost of revenue   17,039       22,509       59,949       118,695  
    Gross profit (loss)   (3,837 )     692       (12,594 )     8,307  
    Operating expenses                      
    Research and development   1,474       1,450       5,915       7,166  
    Selling and marketing   2,051       4,924       8,881       14,811  
    General and administrative   6,066       6,054       25,440       37,107  
    Total operating expenses   9,591       12,428       40,236       59,084  
    Loss from operations   (13,428 )     (11,736 )     (52,830 )     (50,777 )
    Interest expense, net   (208 )     (59 )     (319 )     (253 )
    Gain from disposal of investment in unconsolidated subsidiary   4,722       421       8,807       1,319  
    Gain on sale of Atlas   906             906        
    Loss from change in fair value of warrant liability   (4,322 )           (4,322 )      
    Other income (expense), net   346       8       468       (257 )
    Loss from unconsolidated subsidiary   (319 )     (324 )     (1,086 )     (660 )
    Loss before income taxes   (12,303 )     (11,690 )     (48,376 )     (50,628 )
    (Provision for) benefit from income taxes   68       513       (230 )     338  
    Net loss   (12,235 )     (11,177 )     (48,606 )     (50,290 )
    Other comprehensive income (loss):                      
    Foreign currency translation adjustments   (311 )     219       (249 )     (232 )
    Comprehensive loss $ (12,546 )   $ (10,958 )   $ (48,855 )   $ (50,522 )
    Net loss per share:                      
    Basic and diluted (*) $ (0.96 )   $ (0.89 )   $ (3.83 )   $ (4.35 )
    Weighted-average common shares outstanding:                      
    Basic and diluted (*)   12,787,050       12,510,743       12,675,923       11,554,615  

    ___________

    (*) Prior year amounts per share and number of shares, as applicable, have been revised to reflect the 1-for-10 reverse stock split, effective November 29, 2024.
    FTC Solar, Inc.
    Condensed Consolidated Balance Sheets
    (unaudited)
     
    (in thousands, except shares and per share data)   December 31, 2024     December 31, 2023  
    ASSETS            
    Current assets            
    Cash and cash equivalents   $ 11,247     $ 25,235  
    Accounts receivable, net of allowance for credit losses of $1,717 and $8,557 at December 31, 2024 and December 31, 2023, respectively     39,709       65,279  
    Inventories     10,144       3,905  
    Prepaid and other current assets     15,028       14,089  
    Total current assets     76,128       108,508  
    Operating lease right-of-use assets     1,149       1,819  
    Property and equipment, net     2,217       1,823  
    Intangible assets, net           542  
    Goodwill     7,139       7,353  
    Equity method investment     954       240  
    Other assets     2,341       2,785  
    Total assets   $ 89,928     $ 123,070  
    LIABILITIES AND STOCKHOLDERS’ EQUITY            
    Current liabilities            
    Accounts payable   $ 12,995     $ 7,979  
    Accrued expenses     20,134       34,848  
    Income taxes payable     325       88  
    Deferred revenue     5,306       3,612  
    Other current liabilities     10,313       8,138  
    Total current liabilities     49,073       54,665  
    Long-term debt     9,466        
    Operating lease liability, net of current portion     411       1,124  
    Warrant liability     9,520        
    Other non-current liabilities     2,422       4,810  
    Total liabilities     70,892       60,599  
    Commitments and contingencies            
    Stockholders’ equity            
    Preferred stock par value of $0.0001 per share, 10,000,000 shares authorized; none issued as of December 31, 2024 and December 31, 2023            
    Common stock par value of $0.0001 per share, 850,000,000 shares authorized; 12,853,823 and 12,544,533 shares issued and outstanding as of December 31, 2024 and December 31, 2023(*)     1       1  
    Treasury stock, at cost; 1,076,257 shares as of December 31, 2024 and December 31, 2023            
    Additional paid-in capital(*)     367,318       361,898  
    Accumulated other comprehensive loss     (542 )     (293 )
    Accumulated deficit     (347,741 )     (299,135 )
    Total stockholders’ equity     19,036       62,471  
    Total liabilities and stockholders’ equity   $ 89,928     $ 123,070  

    ___________

    (*) Prior year shares and amounts, as applicable, have been revised to reflect the 1-for-10 reverse stock split, effective November 29, 2024.
    FTC Solar, Inc.
    Condensed Consolidated Statements of Cash Flows
    (unaudited)
     
        Year ended December 31,  
    (in thousands)   2024     2023  
    Cash flows from operating activities            
    Net loss   $ (48,606 )   $ (50,290 )
    Adjustments to reconcile net loss to cash used in operating activities:            
    Stock-based compensation     5,412       8,295  
    Depreciation and amortization     1,671       1,375  
    Loss from change in fair value of warrant liability     4,322        
    Gain from sale of property and equipment           (2 )
    Amortization of debt discount and issue costs     296       709  
    Paid-in-kind non-cash interest     146        
    Provision for obsolete and slow-moving inventory     177       706  
    Loss from unconsolidated subsidiary     1,086       660  
    Gain from disposal of investment in unconsolidated subsidiary     (8,807 )     (1,319 )
    Gain on sale of Atlas     (906 )      
    Warranties issued and remediation added     7,204       4,310  
    Warranty recoverable from manufacturer     558       90  
    Credit loss provisions     2,072       7,373  
    Deferred income taxes     83       138  
    Lease expense and other     1,123       996  
    Impact on cash from changes in operating assets and liabilities:            
    Accounts receivable     23,498       (23,600 )
    Inventories     (6,416 )     10,338  
    Prepaid and other current assets     (934 )     (3,681 )
    Other assets     (376 )     383  
    Accounts payable     4,963       (7,960 )
    Accruals and other current liabilities     (19,292 )     10,582  
    Deferred revenue     1,754       (7,704 )
    Other non-current liabilities     (2,696 )     (3,083 )
    Lease payments and other, net     (1,031 )     (972 )
    Net cash used in operations     (34,699 )     (52,656 )
    Cash flows from investing activities:            
    Purchases of property and equipment     (1,645 )     (816 )
    Proceeds from sale of Atlas software platform     900        
    Equity method investment in Alpha Steel     (1,800 )     (900 )
    Proceeds from disposal of investment in unconsolidated subsidiary     8,807       1,319  
    Net cash provided by (used in) investing activities     6,262       (397 )
    Cash flows from financing activities:            
    Proceeds from borrowings     14,550        
    Sale of common stock           34,007  
    Stock offering costs paid           (283 )
    Financing costs paid     (60 )      
    Proceeds from stock option exercises     8       226  
    Net cash provided by financing activities     14,498       33,950  
    Effect of exchange rate changes on cash and cash equivalents     (49 )     (47 )
    Decrease in cash and cash equivalents     (13,988 )     (19,150 )
    Cash and cash equivalents at beginning of period     25,235       44,385  
    Cash and cash equivalents at end of period   $ 11,247     $ 25,235  


    Notes to Reconciliations of Non-GAAP Financial Measures to Nearest Comparable GAAP Measures

    We utilize Adjusted EBITDA, Adjusted Net Loss, and Adjusted EPS as supplemental measures of our performance. We define Adjusted EBITDA as net loss plus (i) provision for (benefit from) income taxes, (ii) interest expense, net, (iii) depreciation expense, (iv) amortization of intangibles, (v) stock-based compensation, (vi) loss from changes in fair value of our warrant liability, and (vii) Chief Executive Officer (“CEO”) transition costs, non-routine legal fees, costs associated with our reverse stock split, severance and certain other costs (credits). We also deduct the contingent gains arising from earnout payments and project escrow releases relating to the disposal of our investment in an unconsolidated subsidiary and gains from changes in fair value of our warrant liability from net loss in arriving at Adjusted EBITDA. We define Adjusted Net Loss as net loss plus (i) amortization of debt discount and issue costs and intangibles, (ii) stock-based compensation, (iii) loss from changes in fair value of our warrant liability, (iv) CEO transition costs, non-routine legal fees, costs associated with our reverse stock split, severance and certain other costs (credits), and (v) the income tax expense (benefit) of those adjustments, if any. We also deduct the contingent gains arising from earnout payments and project escrow releases relating to the disposal of our investment in an unconsolidated subsidiary and gains from change in fair value of our warrant liability from net loss in arriving at Adjusted Net Loss. Adjusted EPS is defined as Adjusted Net Loss on a per share basis using our weighted average diluted shares outstanding.

    Non-GAAP gross profit (loss), Non-GAAP operating expense, Adjusted EBITDA, Adjusted Net Loss and Adjusted EPS are intended as supplemental measures of performance that are neither required by, nor presented in accordance with, U.S. generally accepted accounting principles (“GAAP”). We present these non-GAAP measures, many of which are commonly used by investors and analysts, because we believe they assist those investors and analysts in comparing our performance across reporting periods on an ongoing basis by excluding items that we do not believe are indicative of our core operating performance. In addition, we use Adjusted EBITDA, Adjusted Net Loss and Adjusted EPS to evaluate the effectiveness of our business strategies.

    Non-GAAP gross profit (loss), Non-GAAP operating expense, Adjusted EBITDA, Adjusted Net Loss and Adjusted EPS should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP, and you should not rely on any single financial measure to evaluate our business. These Non-GAAP financial measures, when presented, are reconciled to the most closely applicable GAAP measure as disclosed below.

    The following table reconciles Non-GAAP gross profit (loss) to the most closely related GAAP measure for the three and twelve months ended December 31, 2024 and 2023, respectively:

      Three months ended December 31,     Year ended December 31,  
    (in thousands, except percentages) 2024     2023     2024     2023  
    U.S. GAAP revenue $ 13,202     $ 23,201     $ 47,355     $ 127,002  
    U.S. GAAP gross profit (loss) $ (3,837 )   $ 692     $ (12,594 )   $ 8,307  
    Depreciation expense   182       139       716       478  
    Stock-based compensation   203       283       902       1,596  
    Severance costs   70             70       252  
    Non-GAAP gross profit (loss) $ (3,382 )   $ 1,114     $ (10,906 )   $ 10,633  
    Non-GAAP gross margin percentage   (25.6 %)     4.8 %     (23.0 %)     8.4 %

    The following table reconciles Non-GAAP operating expenses to the most closely related GAAP measure for the three and twelve months ended December 31, 2024 and 2023, respectively:

      Three months ended December 31,     Year ended December 31,  
    (in thousands) 2024     2023     2024     2023  
    U.S. GAAP operating expenses $ 9,591     $ 12,428     $ 40,236     $ 59,084  
    Depreciation expense   (126 )     (99 )     (420 )     (355 )
    Amortization expense   (134 )     (133 )     (535 )     (542 )
    Stock-based compensation   (966 )     1,032       (4,510 )     (6,699 )
    CEO transition   (194 )           (1,423 )      
    Non-routine legal fees         (33 )     (66 )     (214 )
    Reverse stock split   (212 )           (212 )      
    Severance costs   (568 )     (2,347 )     (568 )     (4,170 )
    Other (costs) credits                     (3,241 )
    Non-GAAP operating expenses $ 7,391     $ 10,848     $ 32,502     $ 43,863  

    The following table reconciles Non-GAAP Adjusted EBITDA to the related GAAP measure of loss from operations for the three and twelve months ended December 31, 2024 and 2023, respectively:

      Three months ended December 31,     Year ended December 31,  
    (in thousands) 2024     2023     2024     2023  
    U.S. GAAP loss from operations $ (13,428 )   $ (11,736 )   $ (52,830 )   $ (50,777 )
    Depreciation expense   308       238       1,136       833  
    Amortization expense   134       133       535       542  
    Stock-based compensation   1,169       (749 )     5,412       8,295  
    CEO transition   194             1,423        
    Non-routine legal fees         33       66       214  
    Reverse stock split   212             212        
    Severance costs   638       2,347       638       4,422  
    Other costs                     3,241  
    Other income (expense), net   346       8       468       (257 )
    Gain on sale of Atlas   906             906        
    Loss from unconsolidated subsidiary   (319 )     (324 )     (1,086 )     (660 )
    Adjusted EBITDA $ (9,840 )   $ (10,050 )   $ (43,120 )   $ (34,147 )

    The following table reconciles Non-GAAP Adjusted EBITDA and Adjusted Net Loss to the related GAAP measure of net loss for the three months ended December 31, 2024 and 2023, respectively:

      Three months ended December 31,  
      2024     2023  
    (in thousands, except shares and per share data) Adjusted EBITDA     Adjusted Net Loss     Adjusted EBITDA     Adjusted Net Loss  
    Net loss per U.S. GAAP $ (12,235 )   $ (12,235 )   $ (11,177 )   $ (11,177 )
    Reconciling items –                      
    Provision for (benefit from) income taxes   (68 )           (513 )      
    Interest (income) expense, net   208             59        
    Amortization of debt discount and issue costs in interest expense         60             177  
    Depreciation expense   308             238        
    Amortization of intangibles   134       134       133       133  
    Stock-based compensation   1,169       1,169       (749 )     (749 )
    Gain from disposal of investment in unconsolidated subsidiary(a)   (4,722 )     (4,722 )     (421 )     (421 )
    Loss from change in fair value of warrant liability(b)   4,322       4,322              
    CEO transition(c)   194       194              
    Non-routine legal fees(d)               33       33  
    Reverse stock split(e)   212       212              
    Severance costs(f)   638       638       2,347       2,347  
    Adjusted Non-GAAP amounts $ (9,840 )   $ (10,228 )   $ (10,050 )   $ (9,657 )
                           
    Adjusted Non-GAAP net loss per share (Adjusted EPS):                      
    Basic and diluted(g) N/A     $ (0.80 )   N/A     $ (0.77 )
                           
    Weighted-average common shares outstanding:                      
    Basic and diluted(g) N/A       12,787,050     N/A       12,510,743  
    (a) We exclude the gain from collections of contingent contractual amounts arising from the sale in 2021 of our investment in an unconsolidated subsidiary as these amounts are not considered part of our normal ongoing operations.
    (b) We exclude non-cash changes in the fair value of our outstanding warrants as we do not consider such changes to impact or reflect changes in our core operating performance.
    (c) In connection with hiring a new CEO in August 2024, we agreed to upfront and incremental sign-on bonuses (collectively, the “sign-on bonuses”), a portion of which was paid to our CEO in 2024, with clawback provisions during 2025 and 2026, and a portion of which will be paid in 2025 and 2026, all contingent upon continued employment as of the payment date. These sign-on bonuses will be expensed each period through October 1, 2026, to reflect the required service periods. We do not view these sign-on bonuses as being part of the normal on-going compensation arrangements for our CEO.
    (d) Non-routine legal fees represent legal fees and other costs incurred for specific matters that were not ordinary or routine to the operations of the business.
    (e) We incurred incremental legal and professional fees to implement a reverse stock split that was consummated effective November 29, 2024. We do not consider these fees to be part of our normal ongoing operations.
    (f) Severance costs were incurred during 2024 and 2023, due to restructuring changes involuntarily impacting a number of employees each period, to adjust our operations to reflect current market and activity levels and to take advantage of process efficiencies gained.
    (g) Prior year shares and amounts, as applicable, have been revised to reflect the 1-for-10 reverse stock split, effective November 29, 2024.

    The following table reconciles Non-GAAP Adjusted EBITDA and Adjusted Net Loss to the related GAAP measure of net loss for the twelve months ended December 31, 2024 and 2023, respectively:

      Year ended December 31,  
      2024     2023  
    (in thousands, except shares and per share data) Adjusted EBITDA     Adjusted Net Loss     Adjusted EBITDA     Adjusted Net Loss  
    Net loss per U.S. GAAP $ (48,606 )   $ (48,606 )   $ (50,290 )   $ (50,290 )
    Reconciling items –                      
    Provision for (benefit from) income taxes   230             (338 )      
    Interest expense, net   319             253        
    Amortization of debt discount and issue costs in interest expense         296             709  
    Depreciation expense   1,136             833        
    Amortization of intangibles   535       535       542       542  
    Stock-based compensation   5,412       5,412       8,295       8,295  
    Gain from disposal of investment in unconsolidated subsidiary(a)   (8,807 )     (8,807 )     (1,319 )     (1,319 )
    Loss from change in fair value of warrant liability(b)   4,322       4,322              
    CEO transition(c)   1,423       1,423              
    Non-routine legal fees(d)   66       66       214       214  
    Reverse stock split(e)   212       212              
    Severance costs(f)   638       638       4,422       4,422  
    Other costs(g)               3,241       3,241  
    Adjusted Non-GAAP amounts $ (43,120 )   $ (44,509 )   $ (34,147 )   $ (34,186 )
                           
    Adjusted Non-GAAP net loss per share (Adjusted EPS):                      
    Basic and diluted(h) N/A     $ (3.51 )   N/A     $ (2.96 )
                           
    Weighted-average common shares outstanding:                      
    Basic and diluted(h) N/A       12,675,923     N/A       11,554,615  
    (a) We exclude the gain from collections of contingent contractual amounts arising from the sale in 2021 of our investment in an unconsolidated subsidiary as these amounts are not considered part of our normal ongoing operations.
    (b) We exclude non-cash changes in the fair value of our outstanding warrants as we do not consider such changes to impact or reflect changes in our core operating performance.
    (c) We incurred one-time incremental recruitment fees in connection with hiring a new CEO in August 2024. In addition, we agreed to upfront and incremental sign-on bonuses (collectively, the “sign-on bonuses”), a portion of which was paid to our CEO in 2024, with clawback provisions during 2025 and 2026, and a portion of which will be paid in 2025 and 2026, all contingent upon continued employment as of the payment date. These sign-on bonuses will be expensed each period through October 1, 2026, to reflect the required service periods. We do not view these sign-on bonuses as being part of the normal on-going compensation arrangements for our CEO.
    (d) Non-routine legal fees represent legal fees and other costs incurred for specific matters that were not ordinary or routine to the operations of the business.
    (e) We incurred incremental legal and professional fees to implement a reverse stock split that was consummated effective November 29, 2024. We do not consider these fees to be part of our normal ongoing operations.
    (f) Severance costs were incurred during 2024 and 2023, due to restructuring changes involuntarily impacting a number of employees each period, to adjust our operations to reflect current market and activity levels and to take advantage of process efficiencies gained.
    (g) Other costs in 2023 included the write-off of remaining prepaid costs resulting from termination of our consulting agreement with a related party.
    (h) Prior year shares and amounts, as applicable, have been revised to reflect the 1-for-10 reverse stock split, effective November 29, 2024.

    The MIL Network

  • MIL-OSI: Innofactor Plc applies for the delisting of its shares from the official list of Nasdaq Helsinki

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc | Stock Exchange Release | March 31, 2025 at 8:50 EEST

    Innofactor Plc applies for the delisting of its shares from the official list of Nasdaq Helsinki

    The Board of Directors of Innofactor Plc (“Innofactor”) has today resolved to apply for the termination of public trading in the shares of Innofactor and for the delisting of its shares from the official list of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) as soon as possible upon Onni Bidco Oy (“Onni Bidco”) having gained title to all the shares in Innofactor in the pending redemption proceedings under Chapter 18 of the Finnish Companies Act.

    Onni Bidco holds more than 90 per cent of all the issued and outstanding shares in Innofactor. As previously announced, Onni Bidco has, by submitting an application to the Redemption Board of the Finland Chamber of Commerce dated December 2, 2024, commenced redemption proceedings in respect of Innofactor’s minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Innofactor. Onni Bidco served its application to appoint an arbitral tribunal and to initiate arbitration proceedings in accordance with Chapter 18, Section 5 of the Finnish Companies Act on January 7, 2025.

    The Board of Directors of Innofactor has resolved to submit an application to Nasdaq Helsinki for the termination of public trading and for the delisting of the Innofactor shares. In the application, it is requested that the delisting in respect of the Innofactor shares admitted to trading on the official list of Nasdaq Helsinki would become effective as soon as possible upon Onni Bidco having gained title to all the shares in Innofactor in the pending redemption proceedings under Chapter 18 of the Finnish Companies Act.

    Investor and media enquiries:

    Veera Vitie (Innofactor), ir@innofactor.com, +358 44 331 0207
    Lasse Lautsuo (Innofactor), ir@innofactor.com, +358 50 480 1597

    Distribution:
    NASDAQ Helsinki
    Main media

    ABOUT INNOFACTOR

    Innofactor is the leading promoter of the modern digital organization in the Nordic countries for its approximately 1,000 customers in the commercial and public sectors. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor’s offering includes planning services for business-critical IT solutions, project deliveries, implementation support and maintenance services, as well as own software and services. Innofactor employs nearly 600 experts in Finland, Sweden, Denmark and Norway. Innofactor’s shares are listed on Nasdaq Helsinki with the ticker symbol IFA1V.

    The MIL Network

  • MIL-OSI: Innofactor Plc Annual Report for 2024 has been published

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc Annual Financial Report, on March 31, 2025, at 9:00 Finnish time

    Innofactor Annual Report for 2024 has been published as a PDF file on the company website: www.innofactor.com/invest-in-us/releases-publications-and-reports/#annual-reports. The Annual Report includes the Financial Statement, the Report of the Board of Directors and the Sustainability Report.

    Innofactor’s Corporate Governance Statement for the Financial Period 2024 has been published separately from the Annual Report on the company website: https://www.innofactor.com/invest-in-us/corporate-governance/.

    The Remuneration Report for the Financial Period 2024 has been published on the company website: www.innofactor.com/invest-in-us/corporate-governance/#compensations.

    The Annual Report, the Corporate Governance Statement, and the Remuneration Report are also attached to this release.

    Espoo, March 31, 2025

    INNOFACTOR PLC

    Sami Ensio, CEO

    Additional information:
    Sami Ensio, CEO
    Innofactor Plc
    Tel. +358 50 584 2029
    sami.ensio@innofactor.com

    Distribution:
    NASDAQ Helsinki
    Main media
    www.innofactor.com

    Innofactor
    Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. www.innofactor.com #AIDriven #PeopleFirst #BeTheRealYou

    Attachments

    • Innofactor Plc Annual Report 2024
    • Corporate Governance Statement 2024
    • Remuneration Report 2024

    Attachments

    The MIL Network

  • MIL-OSI Global: The best space telescope you never heard of just shut down

    Source: The Conversation – Global Perspectives – By Laura Nicole Driessen, Postdoctoral Researcher in Radio Astronomy, University of Sydney

    ESA / Gaia / DPAC, CC BY-SA

    On Thursday 27 March, the European Space Agency (ESA) sent its last messages to the Gaia Spacecraft. They told Gaia to shut down its communication systems and central computer and said goodbye to this amazing space telescope.

    Gaia has been the most successful ESA space mission ever, so why did they turn Gaia off? What did Gaia achieve? And perhaps most importantly, why was it my favourite space telescope?

    Running on empty

    Gaia was retired for a simple reason: after more than 11 years in space, it ran out of the cold gas propellant it needed to keep scanning the sky.

    The telescope did its last observation on 15 January 2025. The ESA team then performed testing for a few weeks, before telling Gaia to leave its home at a point in space called L2 and start orbiting the Sun away from Earth.

    L2 is one of five “Lagrangian points” around Earth and the Sun where gravitational conditions make for a nice, stable orbit. L2 is located 1.5 million kilometres from Earth on the “dark side”, opposite the Sun.

    L2 is a highly prized location because it’s a stable spot to orbit, it’s close enough to Earth for easy communication, and spacecraft can use the Sun behind them for solar power while looking away from the Sun out into space.

    It’s also too far away from Earth to send anyone on a repair mission, so once your spacecraft gets there it’s on its own.

    Keeping L2 clear

    L2 currently hosts the James Webb Space Telescope (operated by the USA, Europe and Canada), the European Euclid mission, the Chinese Chang’e 6 orbiter and the joint Russian-German Spektr-RG observatory. Since L2 is such a key location for space missions, it’s essential to keep it clear of debris and retired spacecraft.

    A final status update from Gaia.
    ESA, CC BY-SA

    Gaia used its thrusters for the last time to push itself away from L2, and is now drifting around the Sun in a “retirement orbit” where it won’t get in anybody’s way.

    As part of the retirement process, the Gaia team wrote farewell messages into the craft’s software and sent it the names of around 1,500 people who worked on Gaia over the years.

    What is Gaia?

    Gaia looks a bit like a spinning top hat in space. Its main mission was to produce a detailed, three-dimensional map of our galaxy, the Milky Way.

    To do this, it measured the precise positions and motions of 1.46 billion objects in space. Gaia also measured brightnesses and variability and those data were used to provide temperatures, gravitational parameters, stellar types and more for millions of stars. One of the key pieces of information Gaia provided was the distance to millions of stars.

    A cosmic measuring tape

    I’m a radio astronomer, which means I use radio telescopes here on Earth to explore the Universe. Radio light is the longest wavelength of light, invisible to human eyes, and I use it to investigate magnetic stars.

    But even though I’m a radio astronomer and Gaia was an optical telescope, looking at the same wavelengths of light our eyes can see, I use Gaia data almost every single day.

    I used it today to find out how far away, how bright, and how fast a star was. Before Gaia, I would probably never have known how far away that star was.

    This is essential for figuring out how bright the stars I study really are, which helps me understand the physics of what’s happening in and around them.

    A huge success

    Gaia has contributed to thousands of articles in astronomy journals. Papers released by the Gaia collaboration have been cited well over 20,000 times in total.

    Gaia has produced too many science results to share here. To take just one example, Gaia improved our understanding of the structure of our own galaxy by showing that it has multiple spiral arms that are less sharply defined than we previously thought.

    Not really the end for Gaia

    It’s difficult to express how revolutionary Gaia has been for astronomy, but we can let the numbers speak for themselves. Around five astronomy journal articles are published every day that use Gaia data, making Gaia the most successful ESA mission ever. And that won’t come to a complete stop when Gaia retires.

    The Gaia collaboration has published three data releases so far. This is where the collaboration performs the processing and checks on the data, adds some important analysis and releases all of that in one big hit.

    And luckily, there are two more big data releases with even more information to come. The fourth data release is expected in mid to late 2026. The fifth and final data release, containing all of the Gaia data from the whole mission, will come out sometime in the 2030s.

    This article is my own small tribute to a telescope that changed astronomy as we know it. So I will end by saying a huge thank you to everyone who has ever worked on this amazing space mission, whether it was engineering and operations, turning the data into the amazing resource it is, or any of the other many jobs that make a mission successful. And thank you to those who continue to work on the data as we speak.

    Finally, thank you to my favourite space telescope. Goodbye, Gaia, I’ll miss you.

    Laura Nicole Driessen is an ambassador for the Orbit Centre of Imagination at the Rise and Shine Kindergarten, in Sydney’s Inner West.

    ref. The best space telescope you never heard of just shut down – https://theconversation.com/the-best-space-telescope-you-never-heard-of-just-shut-down-253343

    MIL OSI – Global Reports

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 85

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL5

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 85
    NWS Storm Prediction Center Norman OK
    445 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Northern and Central Alabama
    Far Northwest Georgia
    Northeast Mississippi

    * Effective this Monday morning from 445 AM until NOON CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…Multiple lines and clusters of thunderstorms are expected
    to spread eastward this morning across much of northern/central
    Alabama and into far northwest Georgia. Scattered severe/damaging
    winds should be the main threat with this activity, although
    isolated hail and perhaps a tornado or two may also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 25 miles northeast of
    Huntsville AL to 20 miles south southwest of Selma AL. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU5).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 81…WW 82…WW 83…WW
    84…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    SEL5

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 85
    NWS Storm Prediction Center Norman OK
    445 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Northern and Central Alabama
    Far Northwest Georgia
    Northeast Mississippi

    * Effective this Monday morning from 445 AM until NOON CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated large hail events to 1.5 inches in diameter possible
    A tornado or two possible

    SUMMARY…Multiple lines and clusters of thunderstorms are expected
    to spread eastward this morning across much of northern/central
    Alabama and into far northwest Georgia. Scattered severe/damaging
    winds should be the main threat with this activity, although
    isolated hail and perhaps a tornado or two may also occur.

    The severe thunderstorm watch area is approximately along and 75
    statute miles east and west of a line from 25 miles northeast of
    Huntsville AL to 20 miles south southwest of Selma AL. For a
    complete depiction of the watch see the associated watch outline
    update (WOUS64 KWNS WOU5).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 81…WW 82…WW 83…WW
    84…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    27035.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW5
    WW 85 SEVERE TSTM AL GA MS 310945Z – 311700Z
    AXIS..75 STATUTE MILES EAST AND WEST OF LINE..
    25NE HSV/HUNTSVILLE AL/ – 20SSW SEM/SELMA AL/
    ..AVIATION COORDS.. 65NM E/W /51ENE MSL – 41WSW MGM/
    HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 27035.

    LAT…LON 34908514 32088583 32088839 34908779

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU5.

    Watch 85 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (10%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Low (20%)

    Probability of 1 or more hailstones > 2 inches

    Low (10%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI Australia: Call for information – Aggravated assault – Alice Springs

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force is calling for information in relation to an aggravated assault that occurred in Alice Springs early on Saturday morning.

    Just after 12am on Saturday, a group of unknown male youths were allegedly causing a disturbance on Todd Street when a nearby adult male engaged with the group, encouraging them to leave the area. It is alleged one of the unknown youths subsequently threw a scooter at him, striking him in the head and causing him to lose consciousness.

    Security personnel from a nearby venue provided first aid to the victim before St John Ambulance arrived and conveyed him to hospital.

    The group of youths fled the scene prior to police arrival.

    Investigations are ongoing and police urge anyone with information to make contact on 131 444. Anonymous reports can also be made through Crime Stoppers on 1800 333 000 or via https://crimestoppersnt.com.au/.

    MIL OSI News

  • MIL-OSI Australia: Successful Rescue Following EPIRB Activation near Pellew Islands

    Source: Northern Territory Police and Fire Services

    At approximately 10pm on Friday night, the Northern Territory Police Force’s Search and Rescue Section (SRS) assisted the Joint Rescue Coordination Centre (JRCC) in coordinating a response to an unregistered EPIRB activation approximately 70km northeast of Borroloola, in the remote area of Pellew Islands.

    An AMSA Challenger rescue aircraft was deployed by JRCC from Cairns to support aerial search efforts, while on-water assistance was provided by local mariners from King Ash Bay.

    At around 1am, an overturned landing craft was located from the air, with a 55-year-old man clinging to the hull. The responding vessel from King Ash Bay reached the scene shortly after and successfully rescued the man, who was in good health despite being stranded for nearly four hours.

    The rescue was complicated by the area’s remoteness and hostile environment with saltwater crocodiles populating the region.

    Search Coordinator, Acting Sergeant Chris Grotherr from the SRS, said, “While the activation of the EPIRB played a key role in the successful rescue, it was the swift action and support from King Ash Bay locals that ultimately ensured the man’s survival. Their knowledge of the area and willingness to assist authorities in rescuing a fellow Territorian cannot be overstated”.

    The cause of the incident remains unknown, however initial indications suggest that vessel overloading and rough sea conditions may have contributed and will be the subject of a marine incident report via Marine Safety NT.

    This incident serves as a timely reminder for all mariners to ensure their EPIRBs are current and registered with AMSA.

    MIL OSI News

  • MIL-OSI Australia: Arrest – Aggravated burglary – Katherine

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force has arrested a 14-year-old male after an aggravated burglary in Katherine overnight.

    About 8:15pm, police received reports of an unlawful entry from a relative of an elderly resident living in Katherine South.

    The resident awoke to noise and upon further inspection noticed the door had been damaged and her mobile phone and set of keys were missing. She used her medical alert device to call family, who notified police.

    Katherine general duties and Dog Operations Unit members attended the residence and conducted patrols nearby. The alleged offender was apprehended a short time later and was found in possession of a number of stolen keys and an edged weapon.

    Senior Sergeant Glenn Leafe said “Investigations remain ongoing into this incident as there were several sets of keys found in possession of the alleged offender.

    “This lady did an excellent job seeking help, and her family acted promptly to ensure police could apprehend this young person nearby, preventing further offending. This type of conduct is not tolerated in our community and we will continue to investigate and put offenders before the court”

    Police urge anyone who witnesses crime or antisocial behaviour to contact police on 131 444. In an emergency call 000. You can also report anonymously through Crime Stoppers on 1800 333 000 or via https://crimestoppersnt.com.au/.

    MIL OSI News

  • MIL-OSI Australia: Call for information – Stolen motor vehicles – Alice Springs

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force is calling for information in relation to stolen motor vehicles that were sighted driving dangerously in Alice Springs early this morning.

    At 4:15am, police CCTV operators sighted two vehicles being driven recklessly on Todd Street in Alice Springs. One of the vehicles, a white Haval SUV, was allegedly driving behind a security vehicle and attempting to ram it, however no contact was made. The second vehicle, a silver Mazda hatchback, was following closely behind the SUV.

    The two vehicles subsequently left the area and were last sighted travelling towards East Side. Police commenced investigations and Strike Force Viper members located both vehicles a short time later abandoned on Coolibah Crescent. Both have been seized to undergo forensic examination.

    Police attended the registered address of the vehicles in East Side and confirmed they had been stolen earlier in the night.

    Members from the Dog Operations Unit, Strike Force Viper and general duties conducted area patrols to locate the unknown offenders, however they currently remain outstanding.

    Investigations are ongoing and police urge anyone with information to make contact on 131 444. Please quote reference P25087519. Anonymous reports can also be made through Crime Stoppers on 1800 333 000 or via https://crimestoppersnt.com.au/.

    MIL OSI News

  • MIL-OSI Australia: Community unrest – Wadeye

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force is investigating after multiple disturbances occurred in Wadeye on Saturday afternoon.

    Around 12pm, local police members responded to a growing disturbance between families in the community. The incident continued throughout the afternoon before the group was dispersed.

    A short time later, the unrest continued and additional resources from Peppimenarti and Territory Support Division were deployed to assist, and the groups were again separated.

    Police have not received any reports of injuries at this stage; however, multiple edged and makeshift weapons have been seized from properties.

    Investigations remain ongoing.

    Senior Sergeant Erica Gibson said, “This level of violence is simply not acceptable.

    “We are working closely with Traditional Owners and other stakeholders to enhance community engagement to ease tensions within the community.”

    MIL OSI News

  • MIL-OSI: Welnax BioClear Reviews [Read Before Buying]: The Real Truth About This Toenail Fungus Device!

    Source: GlobeNewswire (MIL-OSI)

    KOWLOON, Hong Kong, March 31, 2025 (GLOBE NEWSWIRE) — Struggling with fungal infections, discolored, or brittle nails? You are not alone, as Millions of people worldwide suffer from the same annoying issue of nail fungus. Finding a solution that truly works is difficult for many people, trapping them in a cycle of routine clinic visits, topical creams and recurrent illnesses.

    Welnax BioClear Toenail Reviews
    Welnax BioClear claims to employ advanced light therapy to address the underlying cause of fungal infections without the use of harsh chemicals or prescription medications. It is intended to be used at home and offers a hassle-free substitute for pricey therapies that frequently have unintended side effects. Does it, however, fulfill its promises?

    We noticed the Welnax BioClear is trending in the USA. Many intending buyers have gone to many online forums like Reddit and TrustPilot in search of a detailed product description. We have decided to put together all you need to know to make an informed purchase in this concise Welnax BioClear Reviews.

    Many individuals are in search of a non-invasive, safer therapy for toenail fungus, and the Welnax BioClear claims to meet this standard by providing a small, user-friendly gadget that only needs a few minutes of daily use. Users report seeing noticeable improvements in as little as a few weeks, while others value the ease of caring for their nails without the need for messy lotions or trips to the podiatrist.

    Is the Welnax BioClear just another overhyped device? Does it work? We will analyze its mechanism of action, user reviews, and whether it is worth buying by people with chronic nail fungus. Find out if the Welnax BioClear is the long-term fix you’ve been looking for by reading on.

    Overview (Welnax Reviews)
    What Is Welnax BioClear?

    Welnax BioClear is a non-invasive device that uses light therapy to address toenail fungus. Welnax BioClear uses Low Light Laser Therapy (LLLT) to attack fungal infections at their source, unlike conventional therapies that depend on lotions, ointments, or oral drugs that may have negative side effects. By penetrating the nail bed with particular light wavelengths, the gadget breaks down fungal cells and encourages better nail development.

    The Welnax BioClear is a hassle-free remedy for people with recalcitrant nail fungus because it just needs to be used for a few minutes each day. It offers a straightforward, at-home substitute that blends in perfectly with any routine, unlike messy topical treatments or expensive clinical procedures.

    According to customer feedback, many users claim observable changes after only a few weeks of regular use. Verified customers, such as Sophia T. and Dylan P., have discussed their positive experiences, complimenting the gadget on its efficiency, ease of use, and capacity to repair nail health without the use of chemicals or negative side effects. Welnax BioClear provides a safe, scientifically supported answer to a long-standing toenail fungal infection.

    Working Principle of Welnax BioClear Toenail Device
    (Does Welnax BioClear Really Work?)

    Welnax BioClear fights toenail fungus at its root with the innovative Low Light Laser Therapy (LLLT). The device targets the fungal infection without damaging the surrounding skin or tissue by emitting potent light wavelengths that go deep into the nail bed.

    The fungal cells are disrupted by the light energy, which stops them from growing and eventually causes them to be eliminated. Users experience progressive improvement in nail thickness, texture, and color with regular use. Customer reviews attest to its efficacy. While complete healing usually takes a few months, users report noticeable improvements in as little as a few weeks.

    DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

    Features (Welnax BioClear Reviews)

    Below are some unique features that set Welnax BioClear apart from your other alternatives:

    • Advanced Low Light Laser Therapy (LLLT): Welnax BioClear’s application of Low Light Laser Therapy (LLLT) targets fungal infections at their source without causing damage to surrounding tissues by penetrating the nail bed using potent light wavelengths. LLLT fights fungal spores deep into the nail at the cellular level, unlike conventional therapies that primarily address surface symptoms.
    • Drug-Free and Non-Invasive Treatment: Welnax BioClear is a chemical-free, safe substitute that doesn’t include any invasive medications. Without causing pain or running the risk of negative reactions, the gadget promotes the body’s natural healing processes.
    • Quick and Notable Results: Welnax BioClear produces noticeable changes in a matter of weeks, unlike many antifungal therapies that take months to show results. Within the first month of use, users report significantly less discolouration and healthier nail growth.
    • Clinically-Tested: The technology used in the creation of Welnax BioClear has been extensively researched for its efficacy in addressing fungal infections. Light therapy has been shown in numerous scientific investigations to effectively remove fungus without the need for prescription medicines.
    • User-Friendly Design: A key feature of any at-home medical gadget is its ease of use. Welnax BioClear’s design prioritizes portability, ease of use, and lightweight design. The device is easy to use; all that is needed to start a therapy session is the push of a button. According to David S., a happy client, his wife found it easy to integrate the gadget into her daily routine: She was quite pleased with the outcome after using Welnax BioClear for a few months.
    • Painless and Gentle Therapy: Conventional fungal therapies, such as oral antifungal drugs, sometimes have adverse effects. Additionally, some topical treatments may irritate or burn your skin. Welnax BioClear offers a totally painless experience, which makes it perfect for people with sensitive skin or those who are unable to endure traditional treatments. Emily W. stated she was tired of using creams and ointments that didn’t seem to help. She was going to quit trying out different therapies until the Welnax took her by surprise. The Welnax BioClear actually works!
    • No Need for Expensive Prescription Drugs: You probably have spent a lot of money on doctor visits, prescription drugs, and recurrent antifungal cream purchases. A one-time investment for long-term nail health is offered by Welnax BioClear.
    • Strengthens Nails and Prevents Reinfection: The recurrent nature of toenail fungus, even after treatment, is one of its most annoying aspect. In addition to addressing the infection, Welnax BioClear strengthens nails, which lowers the chance of recurrence. Over time, stronger, healthier nails result from the light therapy’s promotion of circulation and cellular repair.
    • Portable and Travel-Friendly: Welnax BioClear is small and portable. Users can now maintain the health of their nails whether they are at home or on the go.

    Is Welnax BioClear Safe?

    Welnax BioClear is designed to be a non-invasive, safe therapy for brittle nails and toenail fungus. The gadget employs low-light laser therapy, a professionally proven technique renowned for its efficacy and safety, unlike conventional therapies that depend on harsh chemicals or prescription drugs. Without causing harm to the surrounding skin or tissue, the technique targets fungal diseases at their source by emitting potent light wavelengths that enter the nail bed.

    Welnax BioClear’s drug-free design has been praised by many users in the USA, Canada, Australia and New Zealand. Strong antifungal ingredients included in many topical therapies might irritate skin, cause dryness, or trigger allergic responses. Welnax BioClear is a mild yet efficient light-based therapy without these side effects.

    Furthermore, because it is intended for home usage, customers can effortlessly make their nails better without a doctor’s supervision. For best results, users just need to adhere to the recommended 7-minute daily use.

    Customer reviews confirm its safety even more. Verified purchasers such as John H. and Dylan P. have commended its efficacy, citing no adverse effects or discomfort. It’s easy and safe to get healthier nails with Welnax BioClear.

    Detailed Instructions on How to Use Welnax BioClear Toenail

    For the best results, use the Welnax BioClear consistently following the instructions below:

    • Clean the Affected Nail: Prior to using the therapy, wash and pat dry the fingernail or toenail. For optimal results, remove any nail polish.
    • Position the Device: Make sure the affected nail is completely covered with Welnax BioClear.
    • Activate the Light Therapy: Switch the machine on and leave it running for around seven minutes.
    • Let It Work: The light targets the fungus without causing pain or suffering by penetrating the nail bed.
    • Repeat Every Day: For reliable results, use once or twice daily. Within weeks, regular use guarantees noticeable improvement!

    DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

    Why Is Welnax BioClear So Affordable?
    (Welnax BioClear Toenail Reviews)

    Welnax BioClear’s cost-effective production, creative design, and direct-to-consumer business strategy all contribute to its affordability. Professional-grade Low Light Laser Therapy (LLLT) is now available in a small, one-time purchase device with Welnax BioClear, unlike costly laser treatments at clinics that can cost hundreds or even thousands of dollars each session. For people looking for long-term relief from toenail fungus, this is a more affordable option because it does not require frequent trips to a doctor.

    The lack of ongoing expenses is another point that makes it affordable. Prescription drugs, lotions, and ointments are just a few examples of the common therapies that require ongoing expenses over several months, which can mount up over time. Welnax BioClear is a one-time purchase that customers can depend on for continuous use without incurring further costs.

    In addition, the Welnax company eliminates middlemen and costly retail markups by taking a direct-to-consumer strategy. Welnax BioClear passes up the savings to clients because it sells mostly online, eliminating the overhead expenses that come with running physical outlets.

    The efficacy of Welnax BioClear is not affected by its affordable price. According to verified USA customer reviews, it can effectively eradicate fungal infections in a few weeks, making it a reasonably priced alternative.

    Is Welnax BioClear Legit?

    Every day, new health and wellness gadgets are posted on different online platforms, leaving you wondering if the Welnax BioClear is a scam or a genuine product. However, Welnax BioClear stands out as a tested and trusted remedy for toenail fungus based on actual customer experiences and the science underlying its technology.

    The application of Low Light Laser Therapy, a non-invasive procedure that has been extensively researched for its efficacy in addressing fungal infections, is one of the main features that demonstrate its legitimacy. Welnax BioClear employs potent light wavelengths to enter the nail bed and combat fungus at its source, unlike conventional lotions and ointments that just target the surface. Without the use of harsh chemicals or costly medical appointments, this method guarantees deeper, more durable effects.

    Numerous users have expressed their satisfaction, highlighting observable enhancements in nail health after just a few weeks of regular use. For example, Sophia T., a verified customer, was skeptical at first but discovered that Welnax BioClear was a “game-changer.” After years of battling nail fungus, she saw noticeable improvements in a matter of weeks, and her nails looked healthy again in two months. In the same way, Emily W. was on the verge of giving up after trying countless unsuccessful therapies. She was astounded by how well Welnax BioClear removed her nail after four weeks of use.

    Additional testimonies support the product’s efficacy. David S. bought the gadget for his wife, who had long struggled with toenail fungus. Before using Welnax BioClear, she tried a number of drugstore remedies without success. Her nails seemed noticeably healthier in just two months, and she was thrilled with the outcome. John H. agreed, stating that the first therapy that truly worked was Welnax BioClear, which produced better nail growth in as little as one month.

    Beyond customer satisfaction, the device’s ease of use and convenience further demonstrate its legitimacy. Dylan P. valued that Welnax BioClear only needed a straightforward 7-minute daily session, free of chemicals and mess. His confidence returned when he noticed that his nails were getting healthier and that the discolored areas were progressively going away.

    Welnax BioClear Toenail Fungus Device is far from a fraud because of its tried-and-true technology, solid user reviews, and a hassle-free, secure application. It offers a practical, scientifically supported remedy for toenail fungus, enabling customers to attain healthier nails with less work.

    Welnax BioClear Reviews Consumer Reports and Complaints

    Many customers have reported getting exactly the result they wanted from the Welnax BioClear. Below are Real consumer reports from verified customers:

    • Sophia T.| Verified Buyer – “I’ve struggled with nail fungus for years, and nothing seemed to work. I was skeptical at first, but the Welnax™ BioClear has truly been a game-changer! The Low Light Laser Therapy is gentle yet effective. I noticed a visible difference in my nails after just a few weeks of consistent use. After about two months, my nails are finally looking healthy again. I no longer feel embarrassed about my feet, and I’m so glad I gave this product a try. It’s safe, simple, and most importantly, it works!”
    • John H.| Verified Buyer – “I’ve tried countless treatments for nail fungus, but Welnax™ BioClear is the first one that has actually made a difference. It’s super easy to use and doesn’t require a lot of time. Within a month, I started to see healthier nail growth. I’m really impressed with how well it works and how non-invasive it is. I would definitely recommend it to anyone who’s struggled with nail fungus and wants a simple, effective solution.”
    • Dylan P.| Verified Buyer – “I’ve been using Welnax for just over a month now, and I’m amazed at the results. My nails are noticeably healthier, and the thick, discolored spots are slowly fading. I love how easy it is to use—no mess, no chemicals, just a quick 7-minute session each day. I’m finally feeling confident about my nails again and will definitely keep using this device.”
    • Emily W.| Verified Buyer – “I was tired of using creams and ointments that didn’t seem to help. I was about to give up. But Welnax has really surprised me. I’ve been using it for about four weeks now, and my nail is almost completely cleared up. I was skeptical at first, but now I can honestly say it works. So glad I found this!’
    • David S.| Verified Buyer – “ I got this for my wife because she’d been dealing with toenail fungus for a while, and honestly, she hates going to the doctor. She’d tried everything from the drugstore, but nothing worked. After using Welnax™ BioClear for a couple of months, she was super happy with the results. Her nails actually look healthier now, and she’s really glad we gave it a shot. I’m pretty relieved too!”

    DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

    Pros Of Welnax BioClear (Welnax BioClear Toenail Reviews)

    • Welnax BioClear addresses nail fungus with laser treatment, which is less invasive and less irritating than oral antifungal drugs, which can have adverse effects.
    • For people who prefer natural cures, this is a safer alternative because it eliminates the need for prescription drugs and chemical-laden topical treatments.
    • The Welnax BioClear is made for domestic use, so it needs little work. Simply cover the damaged nail with it, click the power button, and let it take care of the rest.
    • After using the product consistently for a few weeks, many users report observable improvements in the health of their nails.
    • Welnax BioClear reaches deep into the nail bed to eradicate fungus at its source, unlike other therapies that simply address symptoms that are visible on the surface.
    • It’s ideal for folks with hectic schedules or who travel because it’s small enough to carry during trips.
    • No Mess or Residue
    • The Welnax BioClear Light therapy is a well-researched and proven treatment for fungal infections.
    • Compared to routine medical visits or continuous purchases of antifungal medications, a single purchase can ultimately result in financial savings.
    • Safe for All Ages
    • 30-Day money-back guarantee

    Cons Of Welnax BioClear Toenail Fungus (Welnax BioClear Reviews)

    • Needs Consistency and Patience: Depending on the extent of the infection, it may take a few weeks to months to see obvious effects.
    • Not an Instant Fix: It takes time for new, healthy nails to grow. Thus, this device does not offer instant aesthetic results like nail paints or temporary cosmetic remedies do.
    • Best purchased online: The Welnax BioClear is not available in Walk-in stores.

    How Much Does Welnax BioClear Cost?

    The Welnax BioClear is surprisingly affordable. The Welnax BioClear company is even running a 50% off discount currently, making it a wonderful bargain. The product is available at the following pricing:

    Welnax BioClear Where To Buy

    The official Welnax BioClear website is the best location to buy it. A genuine product with complete warranty coverage, customer service, and access to any available promotions or discounts is guaranteed when you purchase straight from the manufacturer.

    There are drawbacks associated with buying from third-party platforms, including poor customer service, lack of warranty, and counterfeit products. Always place your order on the official website to prevent problems.

    The money-back guarantee is an additional benefit of purchasing from the manufacturer. Within 30 days of purchase, you can return the product if it does not live up to your expectations. Additionally, clients can save extra when buying multiple units thanks to the official website’s bulk deals.

    Getting yours is simple. Just go to the website, choose the deal you want, and complete the payment process. The company offers safe payment methods to guarantee the security of your transaction. After completing the transaction, tracking information is supplied, and shipping is usually fast. To start down the path to healthier nails, visit the official website right now.

    CLICK HERE NOW TO BUY WELNAX BIOCLEAR DIRECTLY FROM THE OFFICIAL WEBSITE AT A DISCOUNTED PRICE

    Commonly Asked Questions (Welnax BioClear Reviews)

    We understand you might have questions regarding the Welnax BioClear, so we have provided answers to some frequently asked questions below:

    What is the duration required to observe results?

    Depending on the severity of the infection, different people experience noticeable improvements at different times. However, after four to six weeks of regular use, many individuals report observable changes. customer testimonials from confirmed purchasers such as Sophia T. and Dylan P. state that full recuperation happens after a few months, with noticeable progress after only a few weeks.

    Can my fingernails benefit from the Welnax BioClear?

    Of course! Although the gadget is promoted mostly for toenail fungus, it is equally helpful for fungal infections of the fingernails.

    Is it simple to use?

    Yes, Welnax BioClear is made to be used easily at home. Just cover the afflicted nail with the device, switch it on, and wait for the light therapy to begin; usually, only a few minutes per session. There is no need for further setup, and the procedure is totally painless.

    When is the best time to use Welnax BioClear?

    Depending on how severe the infection is, the gadget should be used once or twice a day for optimal effects. Achieving the intended result requires regular and consistent application.

    Can a single device be used by several people?

    As long as appropriate hygiene precautions are taken, several family members can share a Welnax BioClear. The Welnax is a personal device, though, so if possible, everyone should have one for personal use.

    What is the duration of each session?

    Each nail treatment takes about seven minutes. Users can carry on with their regular tasks while receiving therapy.

    Is it possible to combine Welnax BioClear with other treatments?

    Yes, Welnax BioClear can be used in conjunction with other treatments that promote nail health or antifungal lotions. Many customers, nevertheless, discover that the gadget is just enough to give them the result they want.

    Does it work on thick or discolored nails?

    Indeed, Welnax BioClear helps restore the natural look of nails in addition to getting rid of the fungal infection. After regular use, many users have experienced better nails, less discolouration, and better overall nail health.

    Will Welnax BioClear stop infections in the future?

    Indeed, regular application of Welnax BioClear not only gets rid of toenail fungus that is already there, but it also keeps them from coming back by promoting healthy nail development. Maintaining clean, dry, and clipped nails also improves defense against fungus infections in the future.

    What are the opinions of customers regarding Welnax BioClear? (Welnax BioClear Reviews Reddit)

    Welnax BioClear has received overwhelmingly excellent customer feedback. Users such as Emily W., along with John H., have talked about their experiences, emphasizing how convenient and effective the device is. Numerous reviews highlight how simple it is to use and how fast they saw improvements in the condition of their nails. Strong proof that Welnax BioClear is a reliable treatment for toenail fungus is found in the success stories of verified customers.

    Is Welnax BioClear effective for everyone?

    The majority of users report notable improvements, while individual factors such as intensity and consistency of use may affect results. After trying several other treatments with limited success, verified customers have hailed the Welnax as a game-changer in their battle against nail fungus.

    Can I wear nail paint and use Welnax BioClear at the same time?

    Before using the gadget, it is advised to remove any nail polish. Polish may function as a barrier, decreasing the efficiency of light therapy, which requires direct contact with the nail bed.

    What makes the Welnax BioClear special?

    Welnax BioClear provides a painless, practical, and drug-free alternative to messy lotions and ointments or oral drugs with adverse effects. For many users, its light therapy technology offers complete care all from the comfort of their home.

    Wrapping Up Welnax BioClear Reviews

    Welnax BioClear distinguishes itself from conventional toenail fungal treatments with its non-invasive, painless application, quick results, and Low Light Laser Therapy. Its efficacy, simplicity of use, and capacity to restore nail health without the use of harsh chemicals or expensive prescription drugs are the talk of many customer reviews on so many online platforms like Reddit and TrustPilot.

    Welnax BioClear is a drug-free, scientifically supported therapy for those with recalcitrant nail fungus that actually works, as confirmed by customers like John H., Sophia T., and Emily W., who have confirmed that this gadget is a tested and trusted way to get healthier, clearer nails.

    Welnax BioClear offers a straightforward, hands-free treatment that works with any routine, unlike messy lotions or prescription drugs that can take months to show benefits. After weeks of regular use, numerous USA-verified customers have shared their success stories, pointing to observable changes in nail health. The gadget was also made with safety in mind, so there is no chance of negative side effects even after prolonged use.

    Welnax BioClear is unique among nail fungus treatments due to its cost-effectiveness and efficiency. However, buying straight from the official website is advised to ensure authenticity and to take advantage of all manufacturer-backed warranty coverage, possible discounts, and access to authentic products.

    Welnax BioClear has given many consumers an easy-to-use and effective approach to repair healthier nails, even though individual outcomes may differ. Give the Welnax BioClear a try to see for yourself. Hurry while supplies last!

    DON’T MISS OUT: Welnax BioClear is Available At A Special Price – Click Here To Order From The Official Website

    Media Contact:
    Email: apexreviews200@gmail.com

    Disclaimer & Affiliate Disclosure
    This content is for informational purposes only and is not intended to diagnose, treat, cure, or prevent any medical condition. The BioClear Toenail Fungus Device has not been evaluated by the FDA for medical claims. Individuals with severe or persistent medical concerns should consult a healthcare professional before using this device.
    Results may vary, and individual effectiveness depends on factors such as consistency of use, severity of the infection, and individual nail growth rates. The information provided in this article should not be considered professional medical advice.
    Some links within this article may be affiliate links, meaning the publisher may receive a commission if a purchase is made through these links at no extra cost to the buyer. This helps support the continued creation of valuable content and unbiased product reviews.

    Photos accompanying this announcement are available at: 
    https://www.globenewswire.com/NewsRoom/AttachmentNg/12617cd1-40f4-4656-94dd-3f6694b9860b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2d47cfd5-4d7d-4c63-80ac-fa7eb4b55d62

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bcb50d43-0cdf-4a6a-885b-d9c9258f9aca

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4ad8abe5-efc2-46b4-8617-a079756b8ec0

    The MIL Network

  • MIL-OSI: Agillic appoints new CFO Jack Sørensen

    Source: GlobeNewswire (MIL-OSI)

    Press release – Copenhagen – 31 March 2025

    Jack Sørensen joins Agillic as its new Chief Financial Officer on 1 May 2025.

    Jack will manage the finance team, oversee financial strategy and operations, and work closely with CEO Christian Samsø on investor relations. 

    Jack joins Agillic from Evaxion-Biotech A/S – a biotech company listed on Nasdaq New York and operating in Australia and Denmark – where he has been the VP of Finance and Reporting since 2022. Jack brings an extensive international experience across IT and SaaS, med- and biotech, telecom, and consultancy, having held various roles in companies like Deloitte, Chr. Hansen Holding, DONG Energy (Ørsted), Global Connect Outsourcing, and Widex.

    Christian Samsø, CEO at Agillic, comments: 
    “I am very pleased to have concluded a swift recruitment process, welcoming Jack to Agillic already in May. We have a highly capable finance department, and I look forward to seeing Jack develop and lead the team, and together with the Executive Management team deliver on Agillic’s strategic priorities of ARR growth, positive cashflow from operations, and positive EDITDA as outlined with our 2025 guidance.”

    Jack Sørensen adds:
    “Agillic has an impressive portfolio and footprint in the Nordics. Like any SaaS business, it is subject to market conditions, but I see a strong foundation for growth and look forward to contributing to the continued journey.” 

    For further information, please contact
    Christian Samsøe, CEO
    +45 24 88 24 24
    christian.samsoe@agillic.com

    About Agillic A/S
    Agillic A/S (Nasdaq First North Growth Market Copenhagen: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate, and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit agillic.com. 

    The MIL Network

  • MIL-OSI: Willis Sustainable Fuels Progresses Teesside SAF Project

    Source: GlobeNewswire (MIL-OSI)

    COCONUT CREEK, Fla., March 31, 2025 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced that its subsidiary, Willis Sustainable Fuels (UK) Limited (“WSF”), has entered into license and engineering agreements with two global leaders in sustainable technology, Johnson Matthey and Axens. These partnerships significantly advance WSF’s sustainable aviation fuel (SAF) project in Teesside, Northeastern England. WSF is targeting Q1 2028 to begin commercial operations at its SAF production facility, with an anticipated annual production capacity of 14,000 tonnes (equalling approximately 50,000 litres a day) of SAF.

    “Through this collaboration, WSF will leverage Johnson Matthey’s and Axens’ market-leading technologies to support the production of SAF at our facility in Teesside, UK,” said Amy Ruddock, Senior Vice President, Sustainable Aviation & Corporate Development of WLFC. “Working with industry leaders will allow us to accelerate progress toward our vision for a cleaner, more sustainable future.”

    This project received a grant from the UK Department for Transport’s Advanced Fuels Fund and represents an important step towards the UK government’s 2050 net-zero target and its goal of having five commercial-scale SAF plants under construction by 2025. WSF is currently executing the detailed design phase of the project. McDermott will perform early engineering, procurement, and construction (EPC) related services for the project.

    “Our FT CANS™ technology was developed in partnership with bp and revolutionizes the sustainable fuel sector by enabling production at commercial scale. We look forward to working with Willis Sustainable Fuels on this innovative project that will benefit the UK and beyond,” said Alberto Giovanzana, Managing Director – Licensing at Johnson Matthey

    “Axens is honored to be chosen as a partner in this pivotal energy transition project to support the emergence of the advanced SAF market in the UK. We are dedicated to accompanying Willis every step of the way, ensuring the successful implementation of innovative solutions that drive sustainable progress,” said Jacques Rault, Executive Vice President Technology & Technical Support of Axens.

    The project’s technology is intended to produce 100% SAF that can be seamlessly blended with conventional jet fuel for immediate use with existing commercial aircraft engines. The fuel produced is projected to offer greenhouse gas emissions savings of approximately 80% compared to today’s fuels.

    WSF remains committed to the aviation industry’s transformation to a more sustainable future by investing in, developing and producing scalable solutions to decarbonize aviation. For more information on WSF, visit www.willissustainablefuels.com.

    About Willis Lease Finance Corporation

    Willis Lease Finance Corporation (“WLFC”) leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services. Willis Sustainable Fuels intends to develop, build and operate projects to help decarbonize aviation.

    Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, except as required by law. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing  and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.

    About Johnson Matthey
    Johnson Matthey is a global leader in sustainable technologies. For over 200 years Johnson Matthey has used advanced metals chemistry to tackle the world’s biggest challenges.

    Many of the world’s leading energy, chemicals and automotive companies depend on Johnson Matthey’s technology and expertise to decarbonise, reduce harmful emissions, and improve their sustainability.

    And now, as the world faces the challenges of climate change, energy supply and resource scarcity, Johnson Matthey is actively providing solutions for its customers. Through inspiring science and continued innovation, we’re catalysing the net zero transition for millions of people every day. For more information visit www.matthey.com.

    About Axens
    The Axens Group (www.axens.net) offers a complete range of solutions for the conversion of oil and biomass into cleaner fuels, the production and purification of major petrochemical intermediates, the chemical recycling of plastics, natural gas treatment and conversion options, water treatment and carbon capture. Their offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents and related services. Axens is ideally positioned to cover the entire value chain, from feasibility studies to start-up and monitoring of units throughout their lifecycle. This unique position guarantees optimum performance and a reduced environmental footprint. Axens’ international offering is based on highly qualified human resources, modern production facilities and an extensive global network for industrial, technical support and sales services. Axens is an IFP Energies Nouvelles Group company.

    To find out more, visit Axens’ website and follow Axens on X and LinkedIn.

    Contact press: press@axens.net 

     CONTACT: Lynn Mailliard Kohler
      Director, Global Corporate Communications
      (415) 328-4798
      lkohler@willislease.com 

    The MIL Network

  • MIL-OSI Economics: RBA and ASIC Act on Deep Concerns with ASX

    Source: Reserve Bank of Australia

    The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) (the regulators) have taken further steps to address their increasing concern over the management of operational risk at ASX, following the CHESS batch settlement failure incident that occurred on 20 December 2024.

    In a joint letter to ASX, the regulators expressed their deep concerns about the potential for operational incidents, such as the CHESS batch settlement failure, to affect the ability of the CHESS system to reliably service the Australian equities market until CHESS is replaced. The regulators also highlighted their concern about the speed and nature of ASX’s remediation actions following the initial incident.

    In response, the RBA has taken the unprecedented step of reassessing the compliance of ASX Clear Pty Limited and ASX Settlement Pty Ltd with the RBA’s Financial Stability Standards outside the usual annual assessment cycle. The RBA has downgraded its assessment of these entities’ compliance with the “Operational Risk” standard from partly observed to not observed. A rating of not observed is made when the RBA has identified serious issues of concern that warrant immediate action.

    In addition, ASIC has directed ASX, under section 823BB(4) of the Corporations Act 2001, to engage an expert approved by ASIC to undertake a technical review of CHESS. This review and any remediation will provide greater confidence to regulators, and the public, in the stability and operational resilience of the current CHESS platform.

    RBA Governor Michele Bullock said, ‘It is deeply disappointing that the regulators need to take these actions today. But they are necessary. ASX operates critical infrastructure that plays a central role in the financial system. ASX’s management of operational risk has been a concern for RBA staff and the Payments System Board for some time, and the recent CHESS incident has underscored those concerns. The underlying issues that we have raised need to be addressed as a matter of priority to strengthen the resilience of the CHESS system.’

    ASIC Chair Joe Longo said, ‘Our actions underscore our increasingly deep concerns with ASX’s management of the CHESS system, and we will continue to consider further action. The technical review of ASX’s core technology infrastructure is necessary given the ongoing concerns the regulators have raised about ASX’s operational resilience. It is troubling that these risks were realised in this major incident.’

    The regulators together outlined their expectations that ASX needs to give the highest priority to the immediate remediation of issues that caused and exacerbated the December 2024 incident.

    If not urgently addressed, the regulators are prepared to take further regulatory action. This could include the use of the regulators’ new powers under reforms to modernise the regulatory framework for Financial Market Infrastructures, which came into effect in September 2024, and further rulemaking under the Competition in Clearing and Settlement reforms.

    Background

    The RBA and ASIC are co-regulators of licensed CS facilities and have separate, but complementary, responsibilities for the licensing and supervision of CS facilities licensees.

    These responsibilities include supervising each CS facility licensee’s compliance with the obligation to do all things necessary to ensure that the facility’s services are provided in a fair and effective way, to the extent it is reasonably practicable to do so. In carrying out supervision and assessment of CS facilities, the RBA and ASIC work closely as appropriate.

    The RBA supervises CS facilities from the perspective of the facilities’ importance to the stability of Australia’s financial system. This includes the power to determine financial stability standards for the purpose of ensuring that CS facility licensees conduct their affairs in a way that causes or promotes overall stability in the Australian financial system.

    ASIC’s regulatory action announced today are in addition and separate to ASIC’s investigation into ASX Settlement Pty Ltd (ASX Settlement) for suspected contraventions of section 821A of the Corporations Act.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Portsmouth City Council takes direct action over unlawful felling of trees

    Source: City of Portsmouth

    As a direct action to send a message to anyone who unlawfully removes protected trees in the city, Portsmouth City Council’s planning enforcement team have replaced two trees at the cost of the person responsible.

    On 28 January 2022, the Council served a Tree Replacement Notice following the felling of two trees on Victoria Road North which were protected by a tree preservation order (TPO). This notice required the planting of two healthy trees in the same location of those that were felled.

    Since the notice was not complied with, the Council has exercised its statutory powers to carry out the necessary tree replacements and have planted two Lime trees. The costs associated with these works will be recovered from the person responsible for the felling.

    Councillor Hugh Mason Cabinet Member for Planning Policy & City Development said:

    “Our priority is to protect our environment and amenity in the city. It is unlawful to destroy trees protected by a Tree Protection Order. I am pleased to see that direct action by our planning enforcement team was taken to send a clear message that the felling of protected trees is not acceptable.”

    Portsmouth City Council planning enforcement team contracted Colas to prepare the groundworks and Gristwood and Toms Limited to replace the trees. This work has now been completed.

    A TPO is a written order which makes it an offence to cut down, top, lop, uproot, wilfully damage, or destroy a tree protected by the order without the Council’s permission. TPO’s are used to protect trees that have a significant visual impact on the environment.

    Anyone wanting to fell a protected tree can only do so by seeking formal planning consent from the Local Planning Authority. There must be a strong case to do so, and replacement trees are usually sought as compensation.

    For more information visit Portsmouth City Council’s Tree Works and Tree Preservation Orders webpage

    MIL OSI United Kingdom

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 84

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL4

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 84
    NWS Storm Prediction Center Norman OK
    345 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southeast Louisiana
    Southern Mississippi
    Coastal Waters

    * Effective this Monday morning from 345 AM until 1100 AM CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated very large hail events to 2 inches in diameter possible
    A tornado or two possible

    SUMMARY…Thunderstorms are expected to consolidate into a line as
    they move east-southeastward this morning. Scattered damaging winds
    should be the main threat, with peak gusts potentially up to 60-70
    mph. Isolated large hail around 1-2 inches in diameter and a tornado
    or two may also occur.

    The severe thunderstorm watch area is approximately along and 85
    statute miles north and south of a line from 55 miles northwest of
    Houma LA to 20 miles south southeast of Slidell LA. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU4).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 80…WW 81…WW 82…WW
    83…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    2 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    28035.

    …Gleason

    SEL4

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 84
    NWS Storm Prediction Center Norman OK
    345 AM CDT Mon Mar 31 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Southeast Louisiana
    Southern Mississippi
    Coastal Waters

    * Effective this Monday morning from 345 AM until 1100 AM CDT.

    * Primary threats include…
    Scattered damaging wind gusts to 70 mph likely
    Isolated very large hail events to 2 inches in diameter possible
    A tornado or two possible

    SUMMARY…Thunderstorms are expected to consolidate into a line as
    they move east-southeastward this morning. Scattered damaging winds
    should be the main threat, with peak gusts potentially up to 60-70
    mph. Isolated large hail around 1-2 inches in diameter and a tornado
    or two may also occur.

    The severe thunderstorm watch area is approximately along and 85
    statute miles north and south of a line from 55 miles northwest of
    Houma LA to 20 miles south southeast of Slidell LA. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU4).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 80…WW 81…WW 82…WW
    83…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    2 inches. Extreme turbulence and surface wind gusts to 60 knots. A
    few cumulonimbi with maximum tops to 500. Mean storm motion vector
    28035.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW4
    WW 84 SEVERE TSTM LA MS CW 310845Z – 311600Z
    AXIS..85 STATUTE MILES NORTH AND SOUTH OF LINE..
    55NW HUM/HOUMA LA/ – 20SSE ASD/SLIDELL LA/
    ..AVIATION COORDS.. 75NM N/S /21S BTR – 21NE HRV/
    HAIL SURFACE AND ALOFT..2 INCHES. WIND GUSTS..60 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 28035.

    LAT…LON 31369132 31318969 28858969 28909132

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU4.

    Watch 84 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (20%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (10%)

    Wind

    Probability of 10 or more severe wind events

    Mod (60%)

    Probability of 1 or more wind events > 65 knots

    Low (20%)

    Hail

    Probability of 10 or more severe hail events

    Mod (30%)

    Probability of 1 or more hailstones > 2 inches

    Mod (30%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (80%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI Australia: Police seeking witnesses to fatal crash in CBD

    Source: New South Wales – News

    Police have released images of two cars seen in the CBD just after a pedestrian died in a crash on Wakefield Street.

    Police and emergency services were called to the intersection of Wakefield Street and Frome Street, Adelaide about 9.30pm on Sunday 30 March by reports of a collision.

    It is believed the pedestrian was crossing Wakefield Street when he was struck by a Nissan four-wheel drive, then by a second vehicle, a Mazda station wagon.

    Sadly, the 65-year-old Adelaide man died at the scene.

    The driver of the Nissan, a 61-year-old Mitchell Park man, was arrested by Major Crash officers and charged with cause death by careless driving.  He was bailed to appear in the Adelaide Magistrates Court on 18 June.

    The driver of the Mazda, a 20-year-old Hillcrest man, is assisting police with their enquiries.

    Both vehicles were towed from the scene for forensic examination.

    Major Crash Investigation Section has released two images of two separate cars following an investigation.

    Following the initial collision between the Nissan utility and the pedestrian a dark sedan with a spoiler on the rear and a white SUV were seen in CCTV footage to pass through the collision scene in a westerly direction.

    These two vehicles are not believed to be involved in the collision (images below).

    Police are appealing for the driver of both vehicles or any other witnesses to contact Crime Stoppers on 1800 333 000.

    Please reference 25-034M.

    MIL OSI News

  • MIL-Evening Report: Election diary: Energy is in the foreground – but climate change is ‘in the shadows’

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    This election is already shaping up as very much about energy. But notably, ambitions for and debate about combatting climate change have receded in recent times.

    Peter Dutton has his proposal for an east coast gas reservation scheme at the centre of his campaign. Then of course there is that much-contested nuclear policy. But the government has declined to produce a 2035 emissions reduction target before polling day and, apart from its commitment to net zero by 2050, the Coalition won’t talk targets in opposition.

    John Connor, CEO of the Carbon Marketing Institute, says “probably not since 2004 has climate been so much in the shadows, at least at this stage”. It’s a matter of the “energy wars” rather than the “climate wars” so far, he says.

    The climate change issue was potent in 2022, especially in helping the “teal” candidates get elected. It probably is still cutting through in their sort of seats. And climate change demonstrators are targeting election events.

    But more generally, things have changed.

    The Freshwater poll in the Australian Financial Review on Monday asked people to list three issues of top concern for them.

    Unsurprisingly, cost of living was a mile ahead of anything else, at 74%. Then came housing (37%), healthcare (27%), economy (26%), crime (25%) and tax (19%). Climate change followed seventh, with 18%, ahead of immigration (15%) and defence (13%).

    When asked who would be best to respond to concern about climate change, Labor held a solid lead, 35% to the 22% who nominated the Coalition, but 43% said neither or were unsure.

    The Morgan poll early this year compared issues of most importance to people in the September quarter of 2024 and the June quarter of 2022. Just under a third nominated global warming and climate change in 2022 (32%); by 2024 this was down to less than a quarter (23%).

    The cost-of-living crisis is the most obvious reason why climate change has faded in many voters’ minds. That has pushed almost everything else aside, as families struggle with financial practicalities.

    (The Carbon Market Institute says, however, that polling it commissioned, to be released later this week does show the public understand the link between climate change and the cost of living, even if the politicians are reluctant to go there just now. 62% of respondents agreed impacts of climate change – such as more frequent and severe bushfires and flooding – worsen the cost of living through insurance cost increases and grocery prices, with just 13% disagreeing.)

    Now we are deeply into the transition to a clean economy the inevitable downsides are more to the fore. However necessary, they are painful, including high power bills (that have had to be subsidised by the government) and local arguments about transmission lines and wind farms blighting parts of the landscape.

    After it was elected Labor highlighted the importance of climate change by legislating its 2030 43% emissions reduction target. But it has become reticent when asked to talk about the 2035 target for Australia.

    That was initially due to be submitted under the Paris agreement by February, but now it won’t be announced until closer to the September deadline. Nor will the Climate Change Authority, headed by former NSW Liberal treasurer Matt Kean, produce its recommendation to the government before the election. The government’s explanation for its delay is that it can’t act before the the authority’s recommendation.

    Dutton remains committed to the Paris agreement and the zero emissions by 2050 target. But he flagged at the weekend that he would not proceed with Australia’s bid to host COP31 in 2026.

    The opposition says it would keep the safeguards mechanism that regulates emissions from large emitters, but we don’t know what changes it would make to it.

    Nor do we know what would happen under a Dutton government to the various framework institutions around climate change policy. But Kean and his authority are certainly in the gun sights. Opposition finance spokeswoman Jane Hume has said, “I don’t think that we could possibly maintain a Climate Change Authority that has been so badly politicised”.

    Peter Dutton wouldn’t live in The Lodge (though it was good enough for Robert Menzies)

    What is it about some modern conservative leaders and The Lodge?

    Peter Dutton on Monday declared that, if he became PM, he would live at Kirribilli House, not The Lodge.

    “We love Sydney, we love the harbour, it’s a great city, and so yes. You’ve got the choice between Kirribilli or living in Canberra. I think I’ll take Sydney any day over living in Canberra,” he said.

    The opposition leader’s disdain for Canberra was obvious. Then again, perhaps when you’re planning to get rid of tens of thousands of Canberra-based public servants, Kirilly Dutton might find a browse around the Manuka shops potentially awkward.

    From the way he extolled the virtues of Sydney, it doesn’t seem that Dutton wishes he could stay in his home city of Brisbane, prevented from doing so only by the lack of an official residence there.

    As prime minister, Malcolm Turnbull didn’t just stay living in Sydney – he chose to remain in his own house. It was certainly more glam than The Lodge.

    Yet The Lodge was good enough for the leader to whom the Liberals all pay homage. Robert Menzies and his family lived there quite happily for a very long time. Menzies’ daughter Heather Henderson, in her book A Smile for My Parents, tells of life in the bush capital, when her mother kept a shanghai in the wisteria to take potshots at the currawongs.

    They were simpler days. The security-conscious Dutton would be appalled at the anecdote about the intruder who appeared one night in the Lodge kitchen. Pattie Menzies, who happened to be carving the roast for dinner at the time, walked into the kitchen, armed with the knife. The intruder fled. There was no official inquiry – just a reprimand for the maid for not snibbing the door.

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

    ref. Election diary: Energy is in the foreground – but climate change is ‘in the shadows’ – https://theconversation.com/election-diary-energy-is-in-the-foreground-but-climate-change-is-in-the-shadows-253115

    MIL OSI AnalysisEveningReport.nz