Source: People’s Republic of China – State Council News
BEIJING, July 11 — Chinese Premier Li Qiang returned to Beijing on Friday aboard a chartered plane after concluding an official visit to Egypt.
Li was seen off from the airport by the Egyptian Minister of Investment and Foreign Trade Hassan El Khatib and Chinese Ambassador to Egypt Liao Liqiang.
Source: Government of India
Source: Government of India (4)
U.S. President Donald Trump said on Thursday the United States would supply weapons to Ukraine via NATO and that he would make a “major statement” on Russia on Monday.
In recent days, Trump has expressed frustration with Russian President Vladimir Putin over the lack of progress towards ending the war sparked by Russia’s full-scale invasion of Ukraine in February 2022.
“I think I’ll have a major statement to make on Russia on Monday,” Trump told NBC News, declining to elaborate.
Trump also told NBC News about what he called a new deal between the U.S., NATO allies and Ukraine over weapons shipment from the United States.
“We’re sending weapons to NATO, and NATO is paying for those weapons, 100%. So what we’re doing is the weapons that are going out are going to NATO, and then NATO is going to be giving those weapons (to Ukraine), and NATO is paying for those weapons,” Trump said.
“We send weapons to NATO, and NATO is going to reimburse the full cost of those weapons,” he added.
For the first time since returning to office, Trump will send weapons to Kyiv under a presidential power frequently used by his predecessor, two sources familiar with the decision said on Thursday.
Trump’s team will identify arms from U.S. stockpiles to send to Ukraine under the Presidential Drawdown Authority, which allows the president to draw from weapons stocks to help allies in an emergency, the sources said, with one saying they could be worth around $300 million.
Trump on Tuesday said the U.S. would send more weapons to Ukraine to help the country defend itself against intensifying Russian advances.
The package could include defensive Patriot missiles and offensive medium-range rockets, but a decision on the exact equipment has not been made, the sources said. One of the people said this would happen at a meeting on Thursday.
The Trump administration has so far only sent weapons authorized by former President Joe Biden, who was a staunch supporter of Kyiv. The Pentagon and the White House did not immediately respond to a request for comment.
Trump had pledged to swiftly end the war but months into his presidency, little progress has been made. The Republican president has sometimes criticized U.S. spending on Ukraine’s defence, spoken favorably of Russia and publicly clashed with Ukraine’s leader. However, sometimes he has also voiced support for Kyiv and expressed disappointment in the leadership of Russia.
$12 BILLION PLEDGED FOR UKRAINE
Russia unleashed heavy airstrikes on Ukraine on Thursday before a conference in Rome at which Kyiv won billions of dollars in aid pledges, and U.S.-Russian talks at which Washington voiced frustration with Moscow over the war.
Two people were killed, 26 were wounded, according to figures from the national emergency services, and there was damage in nearly every part of Kyiv from missile and drone attacks on the capital and other parts of Ukraine.
Addressing the Rome conference on Ukraine’s reconstruction after more than three years of war, Zelenskiy urged allies to “more actively” use Russian assets for rebuilding and called for weapons, joint defence production and investment.
Participants pledged over 10 billion euros ($12 billion) to help rebuild Ukraine, Italian Prime Minister Giorgia Meloni said. The European Commission, the EU’s executive, announced 2.3 billion euros ($2.7 billion) in support.
At talks with Russian Foreign Minister Sergei Lavrov while in Malaysia, U.S. Secretary of State Marco Rubio said he had reinforced the message that Moscow should show more flexibility.
“We need to see a roadmap moving forward about how this conflict can conclude,” Rubio said, adding that the Trump administration had been engaging with the U.S. Senate on what new sanctions on Russia might look like.
“It was a frank conversation. It was an important one,” Rubio said after the 50-minute talks in Kuala Lumpur. Moscow’s foreign ministry said they had shared “a substantive and frank exchange of views”.
‘NIGHTLY TERROR’
Zelenskiy said Thursday’s assault by Russia had involved around 400 drones and 18 missiles, primarily targeting the capital.
Explosions and anti-aircraft fire rattled the city. Windows were blown out, facades ravaged and cars burned to shells. In the city centre, an apartment in an eight-story building was engulfed in flames.
“This is terror because it happens every night when people are asleep,” said Karyna Volf, a 25-year-old Kyiv resident who rushed out of her apartment moments before it was showered with shards of glass.
Air defences stopped all but a few dozen of the drones, authorities said, a day after Russia launched a record 728 drones at Ukraine.
(Reuters)
Source: The Conversation – Global Perspectives – By Belinda Clarence, Law Lecturer, RMIT University
During the recent conflict between Iran and Israel, Iran threatened to block the Strait of Hormuz, one of the world’s major shipping routes.
Would that be possible, and what effects would it have?
The Strait of Hormuz is a choke point at the entrance to the Persian Gulf. It is used to transport about 20% of global daily oil consumption.
Iran effectively controls this crucial shipping route because it is a coastal state bordering this narrow stretch of water. The strait is too narrow to avoid navigating waters claimed by Iran. This raises thorny legal questions about whether it is really possible for Iran to block the strait, and what recourse other states have if it does.
This geographical reality is far from new, and the legal frameworks governing international maritime activity have developed over centuries. At its heart is the lex mercatoria — the “law of merchants” — a body of transnational commercial law that emerged organically from the practices of traders operating across borders.
Within this broader framework sits the lex maritima, or customary maritime law, which has long adapted to the hazards of shipping across vast oceans.
The lex maritima originated from the shared practices of seafarers and merchants. Its purpose? To manage the unpredictable nature of maritime trade that demands coherent and stable rules.
One of the most enduring principles of this legal tradition is the idea of mare liberum, or “the free sea”, set out by Dutch jurist Hugo Grotius in 1609. He argued the high seas should remain open to all for peaceful navigation and trade. This conveniently legitimised the ambitions of European colonial powers, granting them unfettered access to global maritime routes at a time when control over sea-based trade promised immense economic and strategic advantage.
One of the most fundamental questions in maritime law is: where do a nation’s territorial waters end, and the high seas begin?
After the second world war, a series of conferences culminated in the United Nations Convention on the Law of the Sea (UNCLOS), where the customary 3 nautical miles (5.56km) of territorial waters states could claim as their own was extended. This narrow limit was rooted more in historical naval range – the so-called “cannon shot rule” – than in modern geopolitical or environmental realities.
In 1959, Iran took the unusual step of unilaterally extending its territorial sea to 12 nautical miles, despite not being a party to UNCLOS. Two decades later, following the 1979 Iranian Revolution and the US Embassy hostage crisis, Washington grew increasingly anxious about the security of oil flows from the Persian Gulf. These concerns intensified during the Iran-Iraq War, especially as Iran began using small islands in the Strait of Hormuz to deploy military forces and threaten commercial shipping.
One of the key compromises of UNCLOS was an extension of territorial waters for states that ratified the treaty. In exchange, UNCLOS replaced the older concept of “innocent passage” – which allowed only surface navigation through territorial seas – with the broader notion of “transit passage”. Under this regime, vessels and aircraft from other states are granted the right to travel not only on the surface, but also under the sea and through the air above straits used for international navigation.
While 169 states have ratified UNCLOS, both Iran and the United States remain notable holdouts. This means Iran does not enjoy the broader 12-nautical-mile limit recognised under UNCLOS, and the US cannot claim the agreement’s protections for transit passage through strategic choke points.
While the geopolitical and legal tensions surrounding the Strait of Hormuz may seem far removed from the world of private commerce, the global economy continues to function thanks to a powerful legal tool: the contract. Contracts offer a predictable framework that allows trade across borders without parties needing to trust one another personally.
The Strait of Hormuz is bordered by active, assertive states such as Iran, which means the potential for interstate conflict is relatively high. This doesn’t mean commercial contracts are irrelevant to the recent dispute in the Strait of Hormuz — far from it. But their influence is more indirect.
Without significant political change in Tehran, it’s unlikely either Iran or the US will shift its position on adopting UNCLOS. Yet despite Iran’s repeated threats to close the strait, it has never followed through — and the US Navy continues to maintain a steady presence in the region. For now, a fragile but persistent equilibrium holds.
Belinda Clarence 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. What is the Strait of Hormuz and why is it so important for global shipping? – https://theconversation.com/what-is-the-strait-of-hormuz-and-why-is-it-so-important-for-global-shipping-260920
Source: People’s Republic of China – State Council News
China on Thursday called on the European Union (EU) to view bilateral economic and trade relations in a non-emotional and unprejudiced manner, as this year marks the 50th anniversary of the establishment of diplomatic relations and there will be important high-level exchanges.
China hopes that the EU side will engage in less criticism and more communication, less protectionism and more openness, less anxiety and more action, less labeling and more consultations, commerce ministry spokesperson He Yongqian remarked at a regular press briefing when responding to the recent comments made by European Commission President Ursula von der Leyen.
The spokesperson noted that the EU leader’s comments did not accurately reflect the current state of China-EU economic relations nor the positive progress achieved through dialogue between economic and trade authorities from both sides.
Regarding market access, the spokesperson said China had consistently expanded high-level opening-up, completely removing restrictions on foreign investment in the manufacturing sector and proactively increasing imports from Europe through platforms like the China International Import Expo.
In contrast, the EU has in recent years practiced protectionism in the name of fair trade, abused trade remedy instruments, and exploited gaps in international trade rules to create unilateral tools that contradict fundamental principles of the World Trade Organization (WTO) and the spirit of free trade, said the spokesperson.
The EU has frequently launched investigations against Chinese companies regarding foreign subsidies and other matters, leading to a continuous regression in market openness and deterioration of the business environment, the spokesperson added.
On subsidies, the spokesperson highlighted the EU’s double standards, noting that the bloc itself is a major provider of subsidies, with those for aircraft, agriculture and other sectors all having been ruled as violations by the WTO.
According to incomplete statistics, the EU plans to provide over 1.44 trillion euros in various subsidies between 2021 and 2030, with member states offering additional subsidies worth hundreds of billions of euros, said the spokesperson.
On government procurement, the spokesperson said that the European public procurement market contains numerous implicit barriers despite claims of fairness and openness, with policies encouraging the purchase of European goods.
The EU side has used international procurement instruments to adopt measures restricting Chinese companies and products from participating in its medical device public procurement, said the spokesperson, noting that it is against this background that China has had to adopt reciprocal countermeasures to protect the legitimate interests of Chinese companies.
On export controls, the spokesperson emphasized that China’s measures are prudent and moderate, covering far fewer items than the EU’s control list. The spokesperson added that China has established a special green channel to expedite approval for European enterprises, while the EU’s high-tech export control approval process remains slow and cumbersome.
Regarding so-called “overcapacity,” the spokesperson said output and export volumes alone cannot determine overcapacity, arguing that China’s new energy industry actually faces capacity shortages from a global and long-term perspective.
What is excessive is not China’s production capacity, but rather the EU’s anxiety stemming from insufficient long-term R&D investment and declining industrial competitiveness, said the spokesperson.
The spokesperson said that China is willing to work with the EU to expand mutual market access, strengthen dialogue on government procurement and export controls, deepen supply chain cooperation, and promote WTO reform, injecting more stability, certainty and positive energy into building an open global economy.
Source: The Conversation (Au and NZ) – By Belinda Clarence, Law Lecturer, RMIT University
During the recent conflict between Iran and Israel, Iran threatened to block the Strait of Hormuz, one of the world’s major shipping routes.
Would that be possible, and what effects would it have?
The Strait of Hormuz is a choke point at the entrance to the Persian Gulf. It is used to transport about 20% of global daily oil consumption.
Iran effectively controls this crucial shipping route because it is a coastal state bordering this narrow stretch of water. The strait is too narrow to avoid navigating waters claimed by Iran. This raises thorny legal questions about whether it is really possible for Iran to block the strait, and what recourse other states have if it does.
This geographical reality is far from new, and the legal frameworks governing international maritime activity have developed over centuries. At its heart is the lex mercatoria — the “law of merchants” — a body of transnational commercial law that emerged organically from the practices of traders operating across borders.
Within this broader framework sits the lex maritima, or customary maritime law, which has long adapted to the hazards of shipping across vast oceans.
The lex maritima originated from the shared practices of seafarers and merchants. Its purpose? To manage the unpredictable nature of maritime trade that demands coherent and stable rules.
One of the most enduring principles of this legal tradition is the idea of mare liberum, or “the free sea”, set out by Dutch jurist Hugo Grotius in 1609. He argued the high seas should remain open to all for peaceful navigation and trade. This conveniently legitimised the ambitions of European colonial powers, granting them unfettered access to global maritime routes at a time when control over sea-based trade promised immense economic and strategic advantage.
One of the most fundamental questions in maritime law is: where do a nation’s territorial waters end, and the high seas begin?
After the second world war, a series of conferences culminated in the United Nations Convention on the Law of the Sea (UNCLOS), where the customary 3 nautical miles (5.56km) of territorial waters states could claim as their own was extended. This narrow limit was rooted more in historical naval range – the so-called “cannon shot rule” – than in modern geopolitical or environmental realities.
In 1959, Iran took the unusual step of unilaterally extending its territorial sea to 12 nautical miles, despite not being a party to UNCLOS. Two decades later, following the 1979 Iranian Revolution and the US Embassy hostage crisis, Washington grew increasingly anxious about the security of oil flows from the Persian Gulf. These concerns intensified during the Iran-Iraq War, especially as Iran began using small islands in the Strait of Hormuz to deploy military forces and threaten commercial shipping.
One of the key compromises of UNCLOS was an extension of territorial waters for states that ratified the treaty. In exchange, UNCLOS replaced the older concept of “innocent passage” – which allowed only surface navigation through territorial seas – with the broader notion of “transit passage”. Under this regime, vessels and aircraft from other states are granted the right to travel not only on the surface, but also under the sea and through the air above straits used for international navigation.
While 169 states have ratified UNCLOS, both Iran and the United States remain notable holdouts. This means Iran does not enjoy the broader 12-nautical-mile limit recognised under UNCLOS, and the US cannot claim the agreement’s protections for transit passage through strategic choke points.
While the geopolitical and legal tensions surrounding the Strait of Hormuz may seem far removed from the world of private commerce, the global economy continues to function thanks to a powerful legal tool: the contract. Contracts offer a predictable framework that allows trade across borders without parties needing to trust one another personally.
The Strait of Hormuz is bordered by active, assertive states such as Iran, which means the potential for interstate conflict is relatively high. This doesn’t mean commercial contracts are irrelevant to the recent dispute in the Strait of Hormuz — far from it. But their influence is more indirect.
Without significant political change in Tehran, it’s unlikely either Iran or the US will shift its position on adopting UNCLOS. Yet despite Iran’s repeated threats to close the strait, it has never followed through — and the US Navy continues to maintain a steady presence in the region. For now, a fragile but persistent equilibrium holds.
Belinda Clarence 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. What is the Strait of Hormuz and why is it so important for global shipping? – https://theconversation.com/what-is-the-strait-of-hormuz-and-why-is-it-so-important-for-global-shipping-260920
US Senate News:
Source: United States Senator Ben Ray Luján (D-New Mexico)
Washington, D.C. – Today, U.S. Senators Ben Ray Luján (D-N.M.) and Peter Welch (D-Vt.) led Senate colleagues, including Democratic Leader Chuck Schumer (D-N.Y.) and U.S. Senators Martin Heinrich (D-N.M.), Angela Alsobrooks (D-Md.), and Richard Blumenthal (D-Conn.), in demanding that Commerce Secretary Howard Lutnick provide clarification of the Department of Commerce’s ongoing Section 232 investigation into the national security implications of imports of commercial aircraft given that the Trump administration has accepted and plans to import an aircraft from Qatar.
Specifically, the Senators press Secretary Lutnick whether the aircraft being acquired by President Trump from Qatar will be evaluated as part of the Department of Commerce’s ongoing national security investigation into the import of commercial aircraft.
“We write to request clarification regarding the scope of the Department of Commerce’s ongoing Section 232 investigation into the national security implications of imports of commercial aircraft and jet engines, and parts for commercial aircraft and jet engines, initiated on May 1, 2025,” wrote the Senators.
“In light of this, we ask whether the aircraft reportedly being acquired by President Trump from Qatar will be evaluated as part of the Department’s ongoing investigation,” continued the Senators.
“Given President Trump’s repeated emphasis on curbing foreign influence in U.S. supply chains and reducing reliance on foreign-owned assets, it would be inconsistent for a high-profile foreign acquisition of this nature to go unexamined, especially as the Department of Commerce is actively analyzing the national security implications of such imports,” the Senators concluded.
The full text of the letter is available here and below:
Dear Secretary Lutnick,
We write to request clarification regarding the scope of the Department of Commerce’s ongoing Section 232 investigation into the national security implications of imports of commercial aircraft and jet engines, and parts for commercial aircraft and jet engines, initiated on May 1, 2025.
This investigation, initiated under Section 232 of the Trade Expansion Act of 1962, purportedly aims to assess whether these imports threaten the national security of the United States. In recent days, you have indicated that the Department expects to complete its investigation soon. Given the significance of this investigation—and its potential implications for trade policy and national security—it is essential that the process be conducted transparently.
In light of this, we ask whether the aircraft reportedly being acquired by President Trump from Qatar will be evaluated as part of the Department’s ongoing investigation. While the aircraft is understood to be a Boeing 747-8 jetliner originally manufactured in the United States, its recent use by a foreign government and its reentry into the U.S. as a privately acquired aircraft raise serious national security concerns. It also raises questions about how such a case is categorized under the Section 232 framework.
The aircraft, reportedly valued at $400 million, would represent one of the largest foreign gifts ever accepted by a former U.S. president—or by the U.S. government more broadly—if acquired at little or no cost. This transaction potentially conflicts with the Constitution’s Emoluments Clause, as well as the Foreign Gifts and Decorations Act. Members of Congress have written to the Department’s Inspector General and introduced a resolution and legislation addressing these concerns. While these constitutional and statutory questions are significant and pressing, we raise a different query. Specifically, we seek clarity on whether and how this transaction is being considered and factored into the Department’s ongoing national security investigation into the import of commercial aircraft.
Given President Trump’s repeated emphasis on curbing foreign influence in U.S. supply chains and reducing reliance on foreign-owned assets, it would be inconsistent for a high-profile foreign acquisition of this nature to go unexamined, especially as the Department of Commerce is actively analyzing the national security implications of such imports. The public deserves clarity on whether and how this transaction will be factored into your department’s review.
Accordingly, we request answers to the following:
Will the Boeing 747-8 previously owned by the Qatari royal family and gifted to President Trump be considered within the scope of the Department’s ongoing Section232 into the national security implications of imports of commercial aircraft?
If not, what criteria or exemptions govern that determination?
Does the aircraft’s prior foreign government ownership affect its classification or relevance under the investigation?
Thank you for your attention to this matter. We appreciate your commitment to completing this important review in a transparent manner.
Sincerely,
Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People’s Republic of China – State Council News
BEIJING, July 10 (Xinhua) — China on Thursday called on the European Union to view bilateral economic and trade relations without emotion and prejudice, recalling that this year marks the 50th anniversary of the establishment of diplomatic ties between China and the EU and will see important high-level exchanges.
Commenting on recent statements by European Commission President Ursula von der Leyen, Chinese Ministry of Commerce spokesperson He Yongqian said at a regular briefing for journalists that China hopes the European side will step up communication, openness, action and consultation, rather than resort to blaming, protectionism, worrying and labeling.
The official representative drew attention to the fact that the EU leader’s statements do not reflect the objective state of the current Chinese-European trade and economic relations and the progress achieved as a result of dialogue between the relevant departments of the parties.
On market access, He Yongqian pointed out that China has been steadily expanding high-level opening-up, completely lifting restrictions on foreign investment in the manufacturing sector and actively increasing imports from Europe through platforms such as the China International Import Expo.
The European Union, on the contrary, has in recent years resorted to protectionism under the pretext of fair trade, abused trade protection instruments and exploited loopholes in international trade rules to create unilateral instruments that are contrary to the fundamental principles of the World Trade Organization (WTO) and the spirit of free trade, the official representative stated.
According to He Yongqian, the EU often initiates investigations against Chinese enterprises over subsidies and other issues, which leads to continuous regression of market opening and deterioration of the business environment.
On the topic of subsidies, the official representative pointed to the EU’s double standards, noting that the largest source of subsidies has traditionally been the EU itself. Its subsidies, which are provided to the aviation, agricultural and other sectors, have been recognized as violations by the WTO.
According to incomplete statistics, the EU plans to provide various subsidies totaling more than 1.44 trillion euros from 2021 to 2030, with EU member states offering additional subsidies worth hundreds of billions of euros, He Yongqian noted.
Speaking about public procurement, she noted that in reality there are many hidden barriers in the European public procurement market and it is not at all as fair and open as the European side claims, while the EU has measures in place that stimulate the purchase of European goods.
The European side is using international procurement instruments to take measures to restrict the participation of Chinese companies and products in public procurement of medical equipment, He Yongqian noted, adding that it was against this backdrop that China had to take mirror measures to protect the legitimate interests of its enterprises.
Touching on the topic of export controls, the official representative stressed that China’s measures are cautious and proportionate, covering far fewer items than the EU’s export control list. He Yongqian recalled that China has created a special “green corridor” for accelerated review and approval for European enterprises, while the EU’s export controls in the high-tech sector are characterized by lengthy approvals and cumbersome procedures.
Speaking about so-called excess capacity, the spokeswoman said excess capacity should not be measured solely by production or export volume. She said China’s new energy sector is actually facing a shortage of capacity in the global and long-term.
As He Yongqian noted, the problem is not China’s “overcapacity” but rather the EU’s excessive anxiety caused by chronic underinvestment in R&D and the declining competitiveness of European industry.
The official added that China hopes to work with the EU to expand mutual market access, strengthen dialogue on government procurement and export controls, deepen cooperation in supply chains, and advance WTO reform to bring more stability, certainty and positive energy to the construction of an open global economy. –0–
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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Source: US State of Idaho
WASHINGTON—Idaho Congressman Mike Simpson cosponsored the Iranian Campaign Medal Act. This legislation would authorize the Secretary of Defense to establish and award a United States military decoration to service members who served in Iran in direct support of Operation Midnight Hammer. This legislation is sponsored by Rep. Tony Gonzales (R-TX).
“Taking action to prevent the world’s largest state sponsor of terrorism from obtaining a dangerous nuclear-armed program takes true leadership – both from the White House and our armed forces,” said Rep. Simpson. “The American heroes who rose to the challenge in Operation Midnight Hammer deserve recognition after a historically successful attack. I am proud to honor the courageous servicemembers who carried out the mission – the world is a safer place thanks to their efforts.”
On June 22, 2025, President Trump authorized a precision strike at three Iranian nuclear sites to prevent a nuclear-armed Iran. Executed by 14 American pilots flying seven B-2 bombers, and supported by over 125 U.S. aircraft, including dozens of aerial refueling tankers, a guided missile submarine, and approximately 75 precision-guided munitions, the strike successfully targeted critical Iranian nuclear infrastructure at Natanz, Fordow, and Isfahan.
Congressman Simpson is an original cosponsor of this important resolution. The full text is available here.
Source: GlobeNewswire (MIL-OSI)
ENGLEWOOD, Colo., July 10, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) is pleased to announce that Barclays Capital Inc. has purchased $40 million of newly issued non-recourse tax-exempt private activity bonds (the “2025 Bonds”) issued by the Iowa Finance Authority for the benefit of Gevo’s wholly owned subsidiary, Gevo NW Iowa RNG, LLC (“Gevo RNG”). The bond proceeds were used to refinance $40 million of the previously issued Iowa Finance Authority Solid Waste Facility Revenue Bonds (Gevo NW Iowa RNG, LLC Renewable Natural Gas Project), Series 2021 (Green Bonds) (the “Previous Bonds”), which were issued in the aggregate principal amount of $68.2 million and secured by an irrevocable direct pay letter of credit. This partial refinancing of the Previous Bonds enabled Gevo to release $40 million of restricted cash that was securing the letter of credit and increase its balance sheet liquidity by approximately $30 million after paying transaction costs and funding reserves associated with the 2025 Bonds.
Gevo expects to release additional restricted cash later this year by refinancing the remaining balance of the Previous Bonds through the issuance of an additional series of 2025 Bonds.
Gevo RNG generates renewable natural gas (“RNG”) by collecting manure on dairy farms and placing it in anaerobic digesters installed on those farms, where biogas is captured, then refined to serve as a more sustainable alternative to fossil natural gas as a transportation fuel. Gevo RNG sells the RNG into California via a marketing agent. In March 2025, Gevo RNG received California Air Resources Board (“CARB”) certification of a carbon intensity score of negative 339 gCO2e/MJ to be used in calculating California’s Low Carbon Fuel Standard (“LCFS”) credits. Under current LCFS modeling, RNG produced by Gevo RNG is expected to yield upwards of 175,000 metric tons of carbon dioxide equivalent greenhouse gas emissions reductions annually. Gevo continues to explore increased scaling and margin expansion opportunities for its RNG business, and how to leverage it synergistically with its other lines of business.
About Gevo
Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including synthetic aviation fuel (“SAF”), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based RNG facilities in the United States, turning by-products into clean, reliable energy. Gevo also operates an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.
For more information, see www.gevo.com.
About Barclays Capital Inc.
Barclays Capital Inc. (BCI) is a US registered broker-dealer and futures commission merchant (FCM) that serves clients worldwide. It’s an affiliate of Barclays Bank PLC and is regulated by the SEC and FINRA. BCI offers a wide range of brokerage and investment services, including securities trading, investment advice, and financial planning.
Forward Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters including, without limitation, the liquidity effects of the 2025 Bonds, the ability to refinance the Previous Bonds, expected greenhouse gas emission yields, expected expansion projects, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations, and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events, or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.
Media Contact
Heather L. Manuel
VP, Stakeholder Engagement & Partnerships
PR@gevo.com
IR Contact
Eric Frey, PhD
VP, Finance & Strategy
IR@Gevo.com
Source: International Atomic Energy Agency (IAEA)
Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) remains connected to its last remaining main power line following the recent loss of all off-site power on 4 July, an ongoing situation that highlights the heightened nuclear safety and security risks during the conflict, Director General Rafael Mariano Grossi of the International Atomic Energy Agency (IAEA) said today.
The loss of power– the ninth since the start of the conflict in February 2022 – forced the ZNPP to rely on its backup diesel generators for almost four hours as the plant’s one remaining back-up line remains disconnected after being reportedly damaged by military activity on 7 May. The IAEA team based at the ZNPP site— Europe’s largest nuclear facility — was informed this week that the emergency diesel generator fuel tanks used during the loss of power have since been replenished and the site has enough fuel to enable operation of emergency diesel generators for approximately 20 days, in case of a loss of off-site power event.
The IAEA team at South Ukraine nuclear power plant (SUNPP) reported that the plant also lost its connection to one 750 kilovolt (kV) off-site power line on 4 July, for approximately the same time as the ZNPP lost off-site power. During that time, the SUNPP continued to receive off-site power from its other 750 kV line and all of its 330 kV power lines. There was no impact on the one unit currently operating, while the other two units continue planned maintenance and refueling activities.
The IAEA team continued to assess the availability of spare parts necessary for the continued safe operation of the plant by visiting the storage areas for the parts in the thermomechanical and electrical warehouses located within the ZNPP’s site perimeter and will be requesting the findings of recent audits by the ZNPP of spare parts. The team is also expecting to be updated on the delayed procurement of spare parts needed so that the ZNPP can commence annual maintenance of all 20 emergency diesel generators which are essential to safety in case of a loss of off-site power event.
Also this week, the IAEA team reported that maintenance activities continue at the site, including on one safety train of unit 2 and on the main transformer of unit 4, while maintenance on one safety train of unit 5 is expected to be completed on Friday. Recently, the team also visited all main control rooms where it confirmed the number of operating staff present and recorded safety parameters for all units.
The IAEA team reported hearing military activity on most days over the past week, including gunfire near the plant on 4 July and three explosions close to the plant on 5 July.
The IAEA team at the Rivne nuclear power plant (NPP) reported that one reactor continues its planned maintenance and refueling activities, and one other unit was required to temporarily reduce reactor power to enable for the inspection and repair of one of the turbines. The repairs were successfully completed, and the reactor has returned to nominal full power.
IAEA teams present at all sites — the Khmelnytskyy, Rivne and South Ukraine NPPs and the Chornobyl NPP site — reported hearing air raid alarms on most days over the past week. At the Khmelnytskyy NPP the team was informed that drones were observed as close as five kilometres from the site, while the team at the Rivne NPP had to shelter at its hotel on two separate days and the teams at the Khmelnytskyy and Rivne NPPs sheltered at site today. The team at the Chornobyl NPP site reported hearing the sounds of a drone and anti-aircraft fire at the Chornobyl NPP site on the evening of 9 July, and were informed by the site management that a drone had reportedly flown over the open switchyard and was intercepted by the military.
As part of the IAEA’s comprehensive assistance programme to support nuclear safety and security in Ukraine, the Chornobyl NPP site received equipment aimed at enhancing the nuclear security measures at the site and the Khmelnytskyy and South Ukraine NPPs received equipment aimed at enhancing radiation monitoring capabilities. Additionally, the Ukrainian Hydrometeorological Center and the hydrometeorological organizations of the State Emergency Service of Ukraine received multipurpose radiation monitoring devices.
These deliveries were funded by the European Union, Switzerland and the United Kingdom, and brought the total number of IAEA-coordinated deliveries since the start of the armed conflict to 146.
Source: NASA
NASA and the U.S. Geological Survey have been mapping the planets since Apollo. One team is searching closer to home for minerals critical to national security and the economy.
If not for the Joshua trees, the tan hills of Cuprite, Nevada, would resemble Mars. Scalded and chemically altered by water from deep underground, the rocks here are earthly analogs for understanding ancient Martian geology. The hills are also rich with minerals. They’ve lured prospectors for more than 100 years and made Cuprite an ideal place to test NASA technology designed to map the minerals, craters, crusts, and ices of our solar system.
Sensors that discovered lunar water, charted Saturn’s moons, even investigated ground zero in New York City were all tested and calibrated at Cuprite, said Robert Green, a senior research scientist at NASA’s Jet Propulsion Laboratory in Southern California. He’s honed instruments in Nevada for decades.
One of Green’s latest projects is to find and map rocky surfaces in the American West that could contain minerals crucial to the nation’s economy and security. Currently, the U.S. is dependent on imports of 50 critical minerals, which include lithium and rare earth elements used in everything from rechargeable batteries to medicine.
Scientists from the U.S. Geological Survey (USGS) are searching nationwide for domestic sources. NASA is contributing to this effort with high-altitude aircraft and sensors capable of detecting the molecular fingerprints of minerals across vast, treeless expanses in wavelengths of light not visible to human eyes.
The collaboration is called GEMx, the Geological Earth Mapping Experiment, and it’s likely the largest airborne spectroscopic survey in U.S. history. Since 2023, scientists working on GEMx have charted more than 190,000 square miles (500,000 square kilometers) of North American soil.
Mapping Partnership Started During Apollo
As NASA instruments fly in aircraft 60,000 feet (18,000 meters) overhead, Todd Hoefen, a geophysicist, and his colleagues from USGS work below. The samples of rock they test and collect in the field are crucial to ensuring that the airborne observations match reality on the ground and are not skewed by the intervening atmosphere.
The GEMx mission marks the latest in a long history of partnerships between NASA and USGS. The two agencies have worked together to map rocky worlds — and keep astronauts and rovers safe — since the early days of the space race.
For example, geologic maps of the Moon made in the early 1960s at the USGS Astrogeology Science Center in Flagstaff, Arizona, helped Apollo mission planners select safe and scientifically promising sites for the six crewed landings that occurred from 1969 to 1972. Before stepping onto the lunar surface, NASA’s Moon-bound astronauts traveled to Flagstaff to practice fieldwork with USGS geologists. A version of those Apollo boot camps continues today with astronauts and scientists involved in NASA’s Artemis mission.
Rainbows and Rocks
To detect minerals and other compounds on the surfaces of rocky bodies across the solar system, including Earth, scientists use a technology pioneered by JPL in the 1980s called imaging spectroscopy. One of the original imaging spectrometers built by Robert Green and his team is central to the GEMx campaign in the Western U.S.
About the size and weight of a minifridge and built to fly on planes, the instrument is called AVIRIS-Classic, short for Airborne Visible/Infrared Imaging Spectrometer. Like all imaging spectrometers, it takes advantage of the fact that every molecule reflects and absorbs light in a unique pattern, like a fingerprint. Spectrometers detect these molecular fingerprints in the light bouncing off or emitted from a sample or a surface.
In the case of GEMx, that’s sunlight shimmering off different kinds of rocks.
Compared to a standard digital camera, which “sees” three color channels (red, green, and blue), imaging spectrometers can see more than 200 channels, including infrared wavelengths of light that are invisible to the human eye.
NASA spectrometers have orbited or flown by every major rocky body in our solar system. They’ve helped scientists investigate methane lakes on Titan, Saturn’s largest moon, and study Pluto’s thin atmosphere. One JPL-built spectrometer is currently en route to Europa, an icy moon of Jupiter, to help search for chemical ingredients necessary to support life.
“One of the cool things about NASA is that we develop technology to look out at the solar system and beyond, but we also turn around and look back down,” said Ben Phillips, a longtime NASA program manager who led GEMx until he retired in 2025.
The Newest Instrument
More than 200 hours of GEMx flights are scheduled through fall 2025. Scientists will process and validate the data, with the first USGS mineral maps to follow. During these flights, an ER-2 research aircraft from NASA’s Armstrong Flight Research Center in Edwards, California, will cruise over the Western U.S. at altitudes twice as high as a passenger jet flies.
At such high altitudes, pilot Dean Neeley must wear a spacesuit similar to those used by astronauts. He flies solo in the cramped cockpit but will be accompanied by state-of-the-art NASA instruments. In the belly of the plane rides AVIRIS-Classic, which will be retiring soon after more than three decades in service. Carefully packed in the plane’s nose is its successor: AVIRIS-5, taking flight for the first time in 2025.
Together, the two instruments provide 10 times the performance of the older spectrometer alone, but even by itself AVIRIS-5 marks a leap forward. It can sample areas ranging from about 30 feet (10 meters) to less than a foot (30 centimeters).
“The newest generation of AVIRIS will more than live up to the original,” Green said.
More About GEMx
The GEMx research project will last four years and is funded by the USGS Earth Mapping Resources Initiative. The initiative will capitalize on both the technology developed by NASA for spectroscopic imaging, as well as the agency’s expertise in analyzing the datasets and extracting critical mineral information from them.
Data collected by GEMx is available here.
News Media Contacts
Andrew Wang / Jane J. LeeJet Propulsion Laboratory, Pasadena, Calif.626-379-6874 / 818-354-0307andrew.wang@jpl.nasa.gov / jane.j.lee@jpl.nasa.gov
Karen Fox / Elizabeth VlockNASA Headquarters, Washington202-358-1600karen.c.fox@nasa.gov / elizabeth.a.vlock@nasa.gov
Written by Sally Younger
2025-086
Source: International Atomic Energy Agency – IAEA
Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) remains connected to its last remaining main power line following the recent loss of all off-site power on 4 July, an ongoing situation that highlights the heightened nuclear safety and security risks during the conflict, Director General Rafael Mariano Grossi of the International Atomic Energy Agency (IAEA) said today.
The loss of power– the ninth since the start of the conflict in February 2022 – forced the ZNPP to rely on its backup diesel generators for almost four hours as the plant’s one remaining back-up line remains disconnected after being reportedly damaged by military activity on 7 May. The IAEA team based at the ZNPP site— Europe’s largest nuclear facility — was informed this week that the emergency diesel generator fuel tanks used during the loss of power have since been replenished and the site has enough fuel to enable operation of emergency diesel generators for approximately 20 days, in case of a loss of off-site power event.
The IAEA team at South Ukraine nuclear power plant (SUNPP) reported that the plant also lost its connection to one 750 kilovolt (kV) off-site power line on 4 July, for approximately the same time as the ZNPP lost off-site power. During that time, the SUNPP continued to receive off-site power from its other 750 kV line and all of its 330 kV power lines. There was no impact on the one unit currently operating, while the other two units continue planned maintenance and refueling activities.
The IAEA team continued to assess the availability of spare parts necessary for the continued safe operation of the plant by visiting the storage areas for the parts in the thermomechanical and electrical warehouses located within the ZNPP’s site perimeter and will be requesting the findings of recent audits by the ZNPP of spare parts. The team is also expecting to be updated on the delayed procurement of spare parts needed so that the ZNPP can commence annual maintenance of all 20 emergency diesel generators which are essential to safety in case of a loss of off-site power event.
Also this week, the IAEA team reported that maintenance activities continue at the site, including on one safety train of unit 2 and on the main transformer of unit 4, while maintenance on one safety train of unit 5 is expected to be completed on Friday. Recently, the team also visited all main control rooms where it confirmed the number of operating staff present and recorded safety parameters for all units.
The IAEA team reported hearing military activity on most days over the past week, including gunfire near the plant on 4 July and three explosions close to the plant on 5 July.
The IAEA team at the Rivne nuclear power plant (NPP) reported that one reactor continues its planned maintenance and refueling activities, and one other unit was required to temporarily reduce reactor power to enable for the inspection and repair of one of the turbines. The repairs were successfully completed, and the reactor has returned to nominal full power.
IAEA teams present at all sites — the Khmelnytskyy, Rivne and South Ukraine NPPs and the Chornobyl NPP site — reported hearing air raid alarms on most days over the past week. At the Khmelnytskyy NPP the team was informed that drones were observed as close as five kilometres from the site, while the team at the Rivne NPP had to shelter at its hotel on two separate days and the teams at the Khmelnytskyy and Rivne NPPs sheltered at site today. The team at the Chornobyl NPP site reported hearing the sounds of a drone and anti-aircraft fire at the Chornobyl NPP site on the evening of 9 July, and were informed by the site management that a drone had reportedly flown over the open switchyard and was intercepted by the military.
As part of the IAEA’s comprehensive assistance programme to support nuclear safety and security in Ukraine, the Chornobyl NPP site received equipment aimed at enhancing the nuclear security measures at the site and the Khmelnytskyy and South Ukraine NPPs received equipment aimed at enhancing radiation monitoring capabilities. Additionally, the Ukrainian Hydrometeorological Center and the hydrometeorological organizations of the State Emergency Service of Ukraine received multipurpose radiation monitoring devices.
These deliveries were funded by the European Union, Switzerland and the United Kingdom, and brought the total number of IAEA-coordinated deliveries since the start of the armed conflict to 146.
Source: European Parliament
The Commission has been actively supporting research efforts to better understand and address the impact of contrails on the climate for over 35 years.
It is indeed due to these EU and national efforts that we have the present level of understanding and global leadership in this domain. As we work towards implementing effective contrail avoidance practices, our current focus remains on tackling all aviation emissions in the most effective manner.
The Commission is currently working on fuel composition and exploring possible ways to improving jet fuel quality to reduce aromatics and sulphur levels lowering the amounts of non-CO2-emissions stemming from fuel consumption.
Similarly, the ReFuelEU Aviation Regulation[1] and the increased adoption of specific types of sustainable aviation fuels are expected to contribute to the decrease of contrail formation that affect non-CO2 climate impacts.
In addition, the climate impacts of non-CO2 are already being monitored and reported following the entry into applicability of the Measurement Reporting and Verification framework as of 1 January 2025, as part of the EU Emissions Trading System Directive.
Financial opportunities for contrail avoidance and sustainable aviation are available through EU funding programmes[2]. For example, the ‘dynamic collaboration to generalize eco-friendly trajectories’ (CONCERTO)[3] aims to demonstrate that more environmental trajectories and climate mitigation measures can be implemented in the daily operations to reduce CO2 and non-CO2 emissions.
All the above EU research projects and many other national ones (e.g Climaviation[4] and LUFO[5]) are expected to ensure a rapid and holistic reduction of all non-CO2 emissions (including contrails).
Source: Hong Kong Government special administrative region – 4
​The Commissioner of Customs and Excise, Mr Chan Tsz-tat, yesterday (July 9) completed his four-day visit to the Urumqi Customs District and the Fuzhou Customs District. He attended the launching ceremony of the Fuzhou Customs District’s Fujian-Guangdong-Hong Kong Single E-lock Scheme during his visit.
During July 6 to 8, Mr Chan visited the Urumqi Customs to meet with the Director General in the Urumqi Customs District, Mr Hao Weiming. The two exchanged views on the promotion of Hong Kong’s economic and trade ties and exchanges with Xinjiang, as well as the exploration of co-operation opportunities and enhancement of collaboration between the two sides. Mr Chan also visited the Urumqi International Land Port, the Operation Monitoring and Inspection Control Centre of the Urumqi Customs District, and the Kalasu Ground Crossing to learn more about the intelligent cargo monitoring and customs clearance process of the China-Europe Railway Express in Urumqi. He expressed hope that both sides could reinforce the complementary strengths of the country’s southern and western gateways to contribute to the stability of the supply chain between Asia and Europe in the future.
During the visit, Mr Chan and the Vice Chairman of the People’s Government of the Xinjiang Uyghur Autonomous Region, Mr Zhu Lifan, toured the Khunjerab Ground Crossing Gateway, which is under the Urumqi Customs and has an altitude reaching 5 100 metres, to understand its significance in safeguarding the smooth operation of the China-Pakistan economic corridor and national security. They also discussed issues of mutual concern. Afterwards, they visited the Shuibulanggou Party Spirit Education Base.
Yesterday, Mr Chan went to Fuzhou to continue his visit and attended the launching ceremony of the Fujian-Guangdong-Hong Kong Single E-lock Scheme in Fuzhou Customs. Speaking at the ceremony, Mr Chan said that the official launch of the first Customs clearance point of the Scheme in Fuzhou Customs will help further promote interconnections and the flow of goods between Fujian, Guangdong and Hong Kong, marking a new breakthrough in clearance facilitation and co-operation between Mainland and Hong Kong Customs. Meanwhile, Mr Chan said he hopes that the extension of the Scheme to Fuzhou Customs would enhance the efficiency of cross-boundary intermodal transportation, bring Fuzhou’s various products to overseas markets, and consolidate and strengthen Hong Kong’s status and competitiveness as an international maritime centre, international aviation hub and international logistics hub, creating a win-win situation for trade between the two places.
At the event, the first transportation truck carrying transshipment goods departed from the first clearance point in Fuzhou Customs District through the Scheme, and arrived at Hong Kong International Airport via the Shenzhen Bay Control Point this morning (July 10), where the goods were transshipped to overseas destinations. Fujian-Guangdong-Hong Kong Customs could streamline the clearance process and expedite the flow of cargo transshipments by reducing duplicated inspections of the same consignments under the Scheme.
In Fuzhou, Mr Chan also separately met with member of the Leading Party Members Group of Fuzhou Municipal People’s Government Mr Zhang Fan; the Deputy Director General of the Guangdong Sub-Administration of the General Administration of Customs of the People’s Republic of China, Mr Feng Guoqing; and the Deputy Director General in the Fuzhou Customs District, Mr Lin Yuefei. He expressed his gratitude for their dedicated support and co-ordination in extending the Scheme to Fuzhou Customs District, and had discussions on leveraging opportunities of the Guangdong-Hong Kong-Macao Greater Bay Area development and deepening co-operation.
Following Xiamen Customs District, Fuzhou Customs District is the second Customs District to implement the Scheme in Fujian Province. Hong Kong and Mainland Customs will continue to proactively expand the Single E-lock Scheme by establishing more clearance points in both places, and plan to extend the Scheme to the Guangxi Zhuang Autonomous Region to attract more cargoes to Hong Kong for transshipment and increase the competitiveness of Hong Kong’s shipping and logistics sector.
US Senate News:
Source: United States Senator MarkWayne Mullin (R-Oklahoma)
Washington, D.C. – On Tuesday, U.S. Senator Markwayne Mullin (R-OK) joined a special edition of Fox News’ Hannity with guest host, Kellyanne Conway. The senator called out the outrageous silence from Democrats as attacks on Immigration and Customs Enforcement (ICE) agents have skyrocketed 690 percent since January. He also detailed how President Trump’s ‘One, Big, Beautiful Bill’ (OBBB) is vital to deliver his promises on border security.
Sen. Mullin’s full interview can be found here.
On how the left’s rhetoric is inspiring attacks against ICE:
“It was a coordinated attack. They were in tactical gear. They had devices that would block the signal of cell phones so they couldn’t be tracked. When the police responded, they ambushed them, that’s a coordinated attack. Now, if this was any other situation, Democrats would be out there, at the very least, would be calling for gun control. They have said absolutely nothing. Why? Because they’re the ones that have fanned the flames for this to happen. They’re the ones that’s literally calling on blood. Axios put out that a Democrat politician is calling for those to ratchet up their activities and spill blood when it comes to defending against ICE…”
“It’s actually very disturbing, because this is their base, and this is where the Democrat Party has went. They have built their base off anger and fear.”
On the highlights of the OBBB’s border security measures:
“The wall that President Trump started building in 2017, as 45 [45 POTUS], it was done by executive orders. But what happened when [President] Biden came in is they immediately started tearing it down and selling the material for pennies on the dollar.”
“What we did on the ‘One, Big, Beautiful Bill’ is we made it into law, not an executive order, so the next president can’t simply stop. We funded it, fully funded $46 billion to finish a wall the entire southern border. Now that’s huge. We also funded 10,000 new ICE agents. Now it’s not just ICE, but it’s ICE and other agencies that are able to do the same thing. Border agents and ICE, they’re two separate different things, border patrols our border ICE can actually go into the interior and actually arrest people that are here illegally, but they have different entities that we worked closely with Secretary Noam to make sure we had it right. Then they increase the amount of judges we have to speed through these individuals that claimed asylum…”
“At the same time, we also we have to remember that the drugs and the trafficking isn’t just coming across land, it’s actually coming across the sea too. So we have to work with our Coast Guard. We put in $24 billion to upgrade the Coast Guard. Sometimes they are overlooked. They need new vessels, they need new aircraft, they need new infrastructure. So, President Trump put a heavy emphasis, and he worked with Congress every single day to make sure that we are secured on our southern and northern border.”
Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)
The U.S. Department of Transportation (DOT) Federal Aviation Administration (FAA) has awarded the Cumberlands Airport Commission, based in Wise County, Virginia, a $33,915 grant. The funding supports a tree removal project that helps bring the airport into conformity with current standards. U.S. Congressman Morgan Griffith (R-VA) issued the following statement:
“Tree removal projects are essential in optimizing the safety of aircraft and passengers.
“This DOT grant for $33,915 helps Cumberlands Airport Commission identify and eliminate obstructions to the Lonesome Pine Airport.”
BACKGROUND
As part of the grant funding, the Cumberlands Airport Commission will conduct an environmental analysis.
###
Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)
The U.S. Department of Transportation (DOT) Federal Aviation Administration (FAA) has awarded the Cumberlands Airport Commission, based in Wise County, Virginia, a $33,915 grant. The funding supports a tree removal project that helps bring the airport into conformity with current standards. U.S. Congressman Morgan Griffith (R-VA) issued the following statement:
“Tree removal projects are essential in optimizing the safety of aircraft and passengers.
“This DOT grant for $33,915 helps Cumberlands Airport Commission identify and eliminate obstructions to the Lonesome Pine Airport.”
BACKGROUND
As part of the grant funding, the Cumberlands Airport Commission will conduct an environmental analysis.
###
US Senate News:
Source: United States Senator Ron Wyden (D-Ore)
Video can be found here
Washington, D.C. – Senator Ron Wyden, D-Ore., today demanded answers from the Trump Administration about how its proposed U.S. Forest Service budget cuts, funding and hiring freezes and recent reorganization of federal wildland firefighting will undermine Oregon’s preparedness for this fire season.
“Instead of moving quickly, you all have trotted out another new and described ‘improved’ reorganization in the middle of a very dangerous fire season,” Wyden said to U.S. Forest Service Chief Tom Schultz at a Senate Energy and Natural Resources Committee hearing. “Nobody in my home state said we need to have the Forest Service less involved in fighting fires, but that is the net effect of your organizational plan.”
In February Trump issued an illegal, blanket freeze on previously approved federal funding for critical programs, including those that help Western states prepare for fire season. During the hearing, Wyden reiterated warnings from fire officials in Southern Oregon, where he heard firsthand accounts of how Trump’s staffing and funding cuts are starving Oregon’s communities of the resources they need to prepare for and respond to fires.
After ordering the funding freeze, Trump also issued an Executive Order to reorganize the national wildland firefighting apparatus within the Department of the Interior, but the agencies have not shared their plans for doing so with Congress, or how it will hurt states like Oregon.
At today’s hearing, Wyden also warned that starving federal agencies of the resources they need and intentional mismanagement of forests and public lands is setting the stage to justify future selloffs of public lands. Wyden cited extreme public backlash over the Republicans’ scheme to sell off public lands under their budget bill earlier this month, which forced Senate Republicans to back off their proposal.
Wyden has been a longtime champion of sustainable forestry and common-sense policies to reduce the risk of wildfire. In June, Wyden led colleagues in introducing the bipartisan National Prescribed Fire Act of 2025 that would invest in hazardous fuels management to reduce the risk of blistering infernos by increasing the pace and scale of prescribed burns during cooler, wetter months. Wyden also has advocated for repairing and updating critical infrastructure for disaster response, announcing over $80 million for infrastructure repairs and $9.7 million for rural airports across Oregon.
Source: GlobeNewswire (MIL-OSI)
Not for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly or indirectly, in whole or in part, in or into the United States.
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Company”) is pleased to announce that it has completed its previously announced transaction (the “Juno Share Acquisition”) to acquire an aggregate of 5,123,044 common shares (“Juno Shares”) of Juno Corp. (“Juno”), in accordance with the terms of the share purchase agreements entered into with five shareholders of Juno. In consideration for the Juno Shares acquired, the Company issued to such shareholders an aggregate of 3,725,848 class A restricted voting shares in the capital of the Company (the “Class A Shares”). The Company also announces that it has issued an aggregate of 4,968 Class B multiple voting shares of the Company (the “Class B Shares”) to Mr. Robert Cudney, the President, Chief Executive Officer and a director of the Company, on a non-brokered private placement basis at a price of $6.00 per Class B Share, for aggregate gross proceeds of $29,808 (the “Class B Share Issue”).
For further details of the Juno Share Acquisition and the Class B Share Issue (together, the “Transactions”), please refer to the Company’s news release dated May 27, 2025.
As a result of the share acquisition announced today, Northfield’s ownership interest in Juno increases from 16.8% to approximately 24%.
About Juno Corp.
Juno is a private Ontario-based exploration company and the largest mineral claimholder in the Ring of Fire, controlling over 4,600 km²— representing more than 55% of the district’s mineral claims. Juno’s 2025 exploration campaign is underway, with further drilling and data analytics aimed at expanding known mineralized zones and unlocking new targets. Backed by a strong treasury, experienced leadership, and established relationships with First Nations communities, Juno is uniquely positioned to lead the next generation of mineral exploration in the Ring of Fire.
Class B Share Issue
The Class B Share Issue was completed in order for Mr. Cudney to maintain his pro rata voting interest in respect of the Class B Shares following the completion of the Juno Share Acquisition and the Company’s previously completed acquisition of all of the shares of Northfield Aviation Group Inc. (as announced in the Company’s news releases of May 5, 2025 and May 27, 2025). The Class B Shares were issued in accordance with the resolutions of the shareholders of the Company passed at the meeting of shareholders of the Company held in December 1986, which authorized the board of directors of the Company (the “Board”) to issue additional Class B Shares to Mr. Cudney at an issue price equal to the market price of the Class A restricted voting shares of the Company on the day before the Board approves such issuance. The Class B Shares issued to Mr. Cudney are subject to a hold period of four months plus one day from the date of closing of the Class B Share Issue.
Early Warning Disclosure
Mr. Cudney, an insider of the Company and an individual with beneficial ownership of, or control or direction over, securities of the Company carrying more than 10% of the voting rights attached to all the outstanding voting securities of the Company, participated in (i) the Juno Share Acquisition as a vendor and sold and transferred to the Company an aggregate of 1,798,044 Juno Shares (in consideration for which, the Company issued to Mr. Cudney an aggregate of 1,307,668 Class A Shares), and (ii) acquired an aggregate of 4,968 Class B Shares pursuant to the Class B Share Issue.
Immediately prior to the closing of the Transactions (the “Closing”), Mr. Cudney beneficially owned and exercised control and direction over an aggregate of 3,923,010 Class A Shares (of which an aggregate of 2,428,280 Class A Shares were owned by Mr. Cudney directly and an aggregate of 1,494,730 Class A Shares were owned by Cudney Stables Inc. (“Cudney Stables”), an entity owned by Mr. Cudney), an aggregate of 18,600 Class B Shares, and convertible securities of Northfield entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 27.5% of the issued and outstanding Class A Shares and 100% of the Class B Shares immediately prior to the Closing (or approximately 29.64% of the issued and outstanding Class A Shares, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).
Immediately following the Closing, Mr. Cudney, together with Cudney Stables, beneficially own and exercise control and direction over an aggregate of 5,230,678 Class A Shares (of which an aggregate of 3,735,948 Class A Shares are beneficially owned by Mr. Cudney, and an aggregate of 1,494,730 Class A Shares are beneficially owned by Cudney Stables), an aggregate of 23,568 Class B Shares, and convertible securities entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 29.1% of the issued and outstanding Class A Shares and 100% of the Class B Shares on Closing (or approximately 30.7% of the issued and outstanding Class A Shares on Closing, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).
The Class A Shares acquired pursuant to the Juno Share Acquisition were not acquired through the facilities of any marketplace for the Company’s securities. Mr. Cudney may increase or decrease his investments in the Company at any time, or continue to maintain his current investment position, depending on market conditions or any other relevant factor. The Class A Shares were acquired for aggregate consideration of 1,798,044 Juno Shares held by Mr. Cudney, having a deemed value of C$3.71 per Juno Share or approximately C$6,669,108.65 in the aggregate, pursuant to the exemption contained in Section 2.16 of National Instrument 45-106 – Prospectus Exemptions (the take-over bid and issuer bid transaction exemption).
This portion of this news release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires an early warning report to be filed on the System for Electronic Document Analysis and Retrieval+ (“SEDAR+”), accessible at www.sedarplus.ca, containing additional information with respect to the foregoing matters. A copy of the related early warning report may be obtained, following its filing, on the Company’s SEDAR+ profile or by contacting the Company at 141 Adelaide Street West, Suite 301, Toronto, Ontario M5H 3L5, Attention: Michael Leskovec, Chief Financial Officer, Northfield Capital Corporation, Tel: (416) 628-5940.
About Northfield Capital Corporation
Northfield Capital Corporation is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit www.northfieldcapital.com.
For further information, please contact:
Michael G. Leskovec, CPA, CA
Chief Financial Officer
Telephone: (416) 628-5940
Forward-Looking Information and Other Disclaimers
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws including, but not limited to, statements with respect to Mr. Cudney’s intentions with respect to his current and future investments in the Company, and Juno’s 2025 exploration campaign and its exploration in the Ring of Fire (and expectations with respect thereto). The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.
Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis that is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent a registration statement or an applicable exemption from the registration requirements. The news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Source: GlobeNewswire (MIL-OSI)
Not for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly or indirectly, in whole or in part, in or into the United States.
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Company”) is pleased to announce that it has completed its previously announced transaction (the “Juno Share Acquisition”) to acquire an aggregate of 5,123,044 common shares (“Juno Shares”) of Juno Corp. (“Juno”), in accordance with the terms of the share purchase agreements entered into with five shareholders of Juno. In consideration for the Juno Shares acquired, the Company issued to such shareholders an aggregate of 3,725,848 class A restricted voting shares in the capital of the Company (the “Class A Shares”). The Company also announces that it has issued an aggregate of 4,968 Class B multiple voting shares of the Company (the “Class B Shares”) to Mr. Robert Cudney, the President, Chief Executive Officer and a director of the Company, on a non-brokered private placement basis at a price of $6.00 per Class B Share, for aggregate gross proceeds of $29,808 (the “Class B Share Issue”).
For further details of the Juno Share Acquisition and the Class B Share Issue (together, the “Transactions”), please refer to the Company’s news release dated May 27, 2025.
As a result of the share acquisition announced today, Northfield’s ownership interest in Juno increases from 16.8% to approximately 24%.
About Juno Corp.
Juno is a private Ontario-based exploration company and the largest mineral claimholder in the Ring of Fire, controlling over 4,600 km²— representing more than 55% of the district’s mineral claims. Juno’s 2025 exploration campaign is underway, with further drilling and data analytics aimed at expanding known mineralized zones and unlocking new targets. Backed by a strong treasury, experienced leadership, and established relationships with First Nations communities, Juno is uniquely positioned to lead the next generation of mineral exploration in the Ring of Fire.
Class B Share Issue
The Class B Share Issue was completed in order for Mr. Cudney to maintain his pro rata voting interest in respect of the Class B Shares following the completion of the Juno Share Acquisition and the Company’s previously completed acquisition of all of the shares of Northfield Aviation Group Inc. (as announced in the Company’s news releases of May 5, 2025 and May 27, 2025). The Class B Shares were issued in accordance with the resolutions of the shareholders of the Company passed at the meeting of shareholders of the Company held in December 1986, which authorized the board of directors of the Company (the “Board”) to issue additional Class B Shares to Mr. Cudney at an issue price equal to the market price of the Class A restricted voting shares of the Company on the day before the Board approves such issuance. The Class B Shares issued to Mr. Cudney are subject to a hold period of four months plus one day from the date of closing of the Class B Share Issue.
Early Warning Disclosure
Mr. Cudney, an insider of the Company and an individual with beneficial ownership of, or control or direction over, securities of the Company carrying more than 10% of the voting rights attached to all the outstanding voting securities of the Company, participated in (i) the Juno Share Acquisition as a vendor and sold and transferred to the Company an aggregate of 1,798,044 Juno Shares (in consideration for which, the Company issued to Mr. Cudney an aggregate of 1,307,668 Class A Shares), and (ii) acquired an aggregate of 4,968 Class B Shares pursuant to the Class B Share Issue.
Immediately prior to the closing of the Transactions (the “Closing”), Mr. Cudney beneficially owned and exercised control and direction over an aggregate of 3,923,010 Class A Shares (of which an aggregate of 2,428,280 Class A Shares were owned by Mr. Cudney directly and an aggregate of 1,494,730 Class A Shares were owned by Cudney Stables Inc. (“Cudney Stables”), an entity owned by Mr. Cudney), an aggregate of 18,600 Class B Shares, and convertible securities of Northfield entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 27.5% of the issued and outstanding Class A Shares and 100% of the Class B Shares immediately prior to the Closing (or approximately 29.64% of the issued and outstanding Class A Shares, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).
Immediately following the Closing, Mr. Cudney, together with Cudney Stables, beneficially own and exercise control and direction over an aggregate of 5,230,678 Class A Shares (of which an aggregate of 3,735,948 Class A Shares are beneficially owned by Mr. Cudney, and an aggregate of 1,494,730 Class A Shares are beneficially owned by Cudney Stables), an aggregate of 23,568 Class B Shares, and convertible securities entitling Mr. Cudney to acquire an additional 437,500 Class A Shares, representing approximately 29.1% of the issued and outstanding Class A Shares and 100% of the Class B Shares on Closing (or approximately 30.7% of the issued and outstanding Class A Shares on Closing, calculated on a partially diluted basis, assuming the exercise of the 437,500 convertible securities only).
The Class A Shares acquired pursuant to the Juno Share Acquisition were not acquired through the facilities of any marketplace for the Company’s securities. Mr. Cudney may increase or decrease his investments in the Company at any time, or continue to maintain his current investment position, depending on market conditions or any other relevant factor. The Class A Shares were acquired for aggregate consideration of 1,798,044 Juno Shares held by Mr. Cudney, having a deemed value of C$3.71 per Juno Share or approximately C$6,669,108.65 in the aggregate, pursuant to the exemption contained in Section 2.16 of National Instrument 45-106 – Prospectus Exemptions (the take-over bid and issuer bid transaction exemption).
This portion of this news release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires an early warning report to be filed on the System for Electronic Document Analysis and Retrieval+ (“SEDAR+”), accessible at www.sedarplus.ca, containing additional information with respect to the foregoing matters. A copy of the related early warning report may be obtained, following its filing, on the Company’s SEDAR+ profile or by contacting the Company at 141 Adelaide Street West, Suite 301, Toronto, Ontario M5H 3L5, Attention: Michael Leskovec, Chief Financial Officer, Northfield Capital Corporation, Tel: (416) 628-5940.
About Northfield Capital Corporation
Northfield Capital Corporation is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit www.northfieldcapital.com.
For further information, please contact:
Michael G. Leskovec, CPA, CA
Chief Financial Officer
Telephone: (416) 628-5940
Forward-Looking Information and Other Disclaimers
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws including, but not limited to, statements with respect to Mr. Cudney’s intentions with respect to his current and future investments in the Company, and Juno’s 2025 exploration campaign and its exploration in the Ring of Fire (and expectations with respect thereto). The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.
Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis that is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent a registration statement or an applicable exemption from the registration requirements. The news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
US Senate News:
Source: United States Senator for New Mexico Martin Heinrich
WASHINGTON — U.S. Senators Martin Heinrich (D-N.M.) and Ben Ray Luján (D-N.M.), and U.S. Representatives Teresa Leger Fernández (D-N.M.), Melanie Stansbury (D-N.M.), and Gabe Vasquez (D-N.M.) are welcoming $4,384,758 from the Federal Aviation Administration (FAA) for upgrades at the Albuquerque International Sunport, Artesia Municipal Airport, and Socorro Municipal Airport.
These grants are funded through the FAA’s Airport Improvement Program, which provides grants for the planning and development of public-use airports.
“When we invest in New Mexico’s airports, we invest in the people who rely on these facilities to do business in our state, create jobs, and contribute to our economy,” said Heinrich, a member of the Senate Appropriations Committee. “I am proud to welcome over $4.3 million to make improvements at the Albuquerque International Sunport and the Artesia and Socorro Municipal Airports. I will keep fighting to bring investments home to modernize our airports, improve travelers’ experiences, and drive our state’s economic growth for the future.”
“Airports across New Mexico are critical hubs for transportation and local economies,” said Luján. “I’m proud to welcome over $4 million in federal funding for airports in Albuquerque, Artesia, and Socorro. These investments will improve safety, support local jobs, and help our airports better serve New Mexicans and visitors alike.”
“Investing in our infrastructure keeps our communities connected and creates a foundation for prosperity in rural New Mexico. This $4,384,758 in federal funding will bring much-needed investments to not only New Mexico’s largest airport, but also our rural airports. Maintaining runways and infrastructure is the quiet work that is essential to keep our planes and passengers safe.” said Leger Fernández. “Connecting New Mexico diversifies our economy and creates local jobs across the state.”
“Our airports are vital lifelines for trade, tourism, and connecting our communities to family and friends outside of New Mexico,” said Stansbury. “This $4.3 million for infrastructure updates for three airports across the state, including NM-01’s very own Sunport, will ensure they stay safe and efficient hubs for New Mexicans and visitors.”
“From the Sunport to Socorro and Artesia, these airport upgrades will improve accessibility and connectivity for New Mexicans,” said Vasquez. “Safer roads, modernized runways, and new equipment mean better service for travelers and stronger support for local industries like agriculture, energy, and tourism. We’re making sure New Mexico isn’t left behind when it comes to infrastructure that keeps people and goods moving.”
The breakdown of the FAA funding for New Mexico is below:
FAA Funding for New Mexico
|
Airport |
Project Description |
Grant Amount |
|
Albuquerque International Sunport |
This project rehabilitates 10,500 feet of existing terminal access road to extend its useful life. |
$3,656,508 |
|
Artesia Municipal Airport |
This grant funds phase 1, which consists of design. This project rehabilitates 6,800 feet of existing paved Runway 4/22 to maintain the structural integrity and minimize foreign object debris to extend its useful life. |
$128,250 |
|
Socorro Municipal Airport |
This grant funds a portion of the final phase, which consists of construction. This project constructs a new 2,700 square foot snow removal equipment building to bring the airport into conformity with current standards. |
$600,000 |
Source: United Kingdom – Executive Government & Departments
Declaration on Modernising UK-French Defence and Security Cooperation.
The UK and France, as Europe’s only nuclear powers and leading militaries, share a unique responsibility for European and international defence and security. Our two nations represent nearly 40% of the defence budget of European Allies, and more than 50% of European spending on research and technology.
Since the Chequers Declaration in 1995, successive generations of leaders have recognised the intertwined nature of our vital interests, affirming that a threat to one would represent a threat against the other. In 2010, through the Lancaster House Treaties, our nations formalised this shared cooperation to address the challenges of that era: expeditionary warfare and counterterrorism.
Fifteen years later, the threats we face have changed fundamentally with state-on-state conflict rising globally and, since Russia’s illegal invasion of Ukraine, the return of full-scale war to Europe. We have a shared responsibility to strengthen Euro-Atlantic security and recall, in this regard, the critical deterrence that NATO provides. We reaffirm the importance of intensifying our efforts in support of NATO and acting jointly within it. We also recognise the value of a stronger and more capable European defence that contributes positively to transatlantic and global security and is complementary to, and interoperable with, NATO. In this regard, we underline that the European Union remains a unique and essential partner for NATO. We also welcome the progress we have made on the UK-EU Security Defence Partnership in bringing together our shared interests in protecting the continent.
The UK and France share the same understanding of the threats we face. The return of conventional warfighting at scale in Europe and beyond, strategic competition on the global stage, combined with hostile state activity, rapid expansion in hybrid warfare and disinformation, create a febrile and dangerous international order. States are increasingly using hybrid tactics against us, either directly or using proxies, to undermine our national security and our democracies.
The UK and France are willing and able to act together, decisively, to protect our shared interests, allies, partners in Europe and beyond, values and, fundamentally, our democratic way of life. We must be ready and willing to oppose our adversaries across the full spectrum of national security, requiring a new, whole of society and government approach. We are resolved to deepen and expand our partnership to jointly deter and respond to the heightened challenge these evolving threats pose including cyber, sabotage, espionage, malign use of artificial intelligence and foreign information manipulation and interference. This can only be achieved by the further integration of our Military, National Security, Diplomatic, Intelligence and Economic levers.
It is in this context that we, as Prime Minister of the United Kingdom of Great Britain and Northern Ireland and President of the French Republic, have decided to reboot, modernise and build upon our bilateral defence and security relationship, including under the Lancaster House Treaties, in order to effect a generational shift in both our bilateral cooperation and our joint contribution to the defence of Europe, its citizens and of its interests. Today, we have declared our intent to carry out a series of ambitious projects and new areas of collaboration that will underpin our defence and security relationship for the next fifteen years and beyond.
a. Setting out our contribution to the defence of European partners and NATO Allies, and stating that whilst our nuclear forces are independent, they can be coordinated, as set out in the Northwood Declaration;
b. Enhancing mutual understanding of respective nuclear deterrence policies, doctrine and plans, and strengthening our ability to make coordinated decisions in peace time and in crisis;
c. Expanding cooperation on nuclear research (as initiated since 2010) including by making greater use of the facilities in each other’s countries;
d. Coordinating more closely to uphold and reinforce the international non-proliferation architecture; and
e. Establishing a UK-France Nuclear Steering Group to provide political direction for this cooperation, led by the Presidency of the French Republic and the Cabinet Office to coordinate across policy, capability and operations.
a. Significantly increase the declared Combined Joint Force (CJF) capacity, up to fivefold, ensuring the ability to plan and command Combined Corps Capability (the highest level of fielded forces in our armies). This Corp can provide the Land component of a broader joint force combining all military functions, as part of NATO or bilaterally. The CJF will facilitate the deployment of a force fully interoperable with NATO and available as the Alliance’s Strategic Reserve; this is a critical step towards the UK and France providing two fully interoperable Strategic Reserve Corps to NATO, enabled by the CJF.
b. Adopt new missions, enabling the CJF to conduct activity in the Euro-Atlantic to deter our adversaries and reassure our Allies and partners, while also being prepared to compete with our adversaries further afield if needed.
c. Establish a mechanism to share, coordinate and synchronise military activity and the deployment of UK and French forces globally, ensuring we are providing the most effective deterrence posture.
d. Establish a dedicated cell to operationalise the CJF, overseeing military strategic coordination and planning through to operational coordination.
e. Maintain the ability for the CJF to integrate additional allies and partners under UK-French leadership and to ensure the CJF is complementary to NATO.
f. Use the CJF structures to underpin the Coalition of the Willing for Ukraine. The force will provide the joint planning framework to cohere the Coalition, ensure joint operational and strategic messaging. It will provide Coalition leadership and command and control for the planning and operational deployment of the Coalition covering all five domains, preparing for the operational deployment of the CJF in the event of a ceasefire – which can be supported by allies.
a. Launch the development phase of the Future Cruise and Anti-Ship Weapon (FC/ASW) programme to provide the next generation of long-range, highly survivable Deep Strike Missiles.
b. Jointly develop the next generation of beyond-visual-range air-to-air missiles for our fighter jets, while also extending the Meteor capability, launching a joint study with industry to inform our future development of its successor.
c. Acquire new SCALP & Storm Shadow missiles, following their successful use by Ukraine, upgrading UK and French production lines to bolster national stockpiles to deter our adversaries.
d. Establish a new, joint Complex Weapons Portfolio Office, embedded with OCCAR, through which we will deliver our joint projects within OCCAR, starting with SCALP & Storm Shadow acquisition and also working closely with MBDA to identify the opportunities from our investments and to reduce duplication, working closely with MBDA, starting with studies on Air Dominance and Cooperative Strike future capabilities.
e. Focus greater efforts on integrated air and missile defence (IAMD) in our capability relationship, including (but not limited to) C-UAS and counter-hypersonic capabilities, drawing especially from the Aster family increments, including potentially SAMP/T NG and CAMM.
f. Continue to work closely on current and future long range strike capabilities through the European Long Range Strike Approach (ELSA initiative). Along with our ELSA allies (amongst them Germany), we will remain open to expanding this cooperation to extended-range deep strike capability should military requirements and industrial capacity align. We will be carefully examining, with our defence industries, the capability opportunities this presents.
g Develop a Directed Energy Weapons partnership, sharing information, collaborating on research and projects of shared interest, and exploring industry collaboration on radiofrequency weapons.
h. Collaborate on developing algorithms for synchronised missile and drone strikes using artificial intelligence and machine learning, to build our future interoperability.
i. Explore a combat air interoperability roadmap, including potential collaboration on armaments, to support the connectivity and interoperability of our current and future combat air forces and their contribution to European and NATO air superiority.
j. Commit to align standards for weapons safety and testing, to bring operational benefits and save time and money in our joint programmes.
k. Work closely together on wider export campaigns for UK-French capabilities and establishing a new joint team, with an initial focus on supporting the export of A400M (including through the set up of a NATO High Visibility Project) and identifying further concrete areas for joint export promotion.
l. Recognising the importance of improving European defence industrial resilience, the UK and France will enhance reciprocal market access in defence and security.
a. Developing a new Bilateral Vision Statement between the armies and committing to enduring support to NATO through the CJF. This represents operational interoperability at the highest level of fielded forces in our armies, enhancing British and French joint commitments and opportunities offered through the Forward Land Forces in Estonia.
b. Driving naval interoperability in support of warfighting, notably on information, data and communications, leveraging the opportunities of next generation digital architectures, deepening cooperation on maritime air defence, and continuing to coordinate Carrier Strike Group activity. Additionally, expanding cooperation on global maritime domain awareness to better deter maritime hybrid threats, including to critical undersea infrastructure and sanctions circumvention by the Russian Shadow Fleet, with an initial focus on the Channel and the Atlantic. Finally, facilitating mutual access support facilities for naval aircraft and warships.
c. Increasing the complexity of combined Air Defence exercises, cooperating on responses to High-Altitude threats, enhancing cooperation in the development of Counter-Unmanned Aerial Systems (C-UAS) capabilities, particularly in the integration of Command And Control (C2) systems. Pursuing a joint ambition to develop the A400M into a multi-mission platform, incorporating C2, Intelligence, Surveillance and Reconnaissance (ISR) and potential strike capabilities. Aiming to synchronise fast jet pilot training to enhance interoperability and efficiency.
d. Enabling interoperability across the space domain, including satellite communications capabilities, developing cooperation and potential joint capability in space control, space-based ISR systems, and Low Earth Orbit satellites. We will jointly spearhead closer operational space coordination and deliver space support to bolster Euro-Atlantic security operations.
e. Sharing best practice in Cyber, with the UK providing support to the French establishment of a Cyber Training Academy, and France supporting the establishment of the UK’s new Cyber & Electromagnetic Command. Jointly galvanising wider NATO Cyber exercise activity, whilst fusing UK-French operational cooperation to act amongst Allies as European leaders in the domain.
a. Work together to make the fullest possible use of the UK-EU Security and Defence Partnership. Noting the shared UK and EU commitment to explore possible mutual involvement in respective defence initiatives, including within the Security Action For Europe (SAFE) instrument, in accordance with the respective legal frameworks, the UK and France will explore possibilities for mutually beneficial enhanced cooperation.
b. Strengthen our defence and security policy coordination and cooperation on key areas for Euro-Atlantic security (Ukraine, NATO, the future of Euro-Atlantic security) and reasserting the unique contribution of our bilateral partnership to European and global security.
c. Exploit areas of policy dialogue and cooperation in countering hybrid threats, Space, Cyber and AI – including through fostering links between national agencies, exchanging doctrines and responsible practices.
d. Launch a new Global Maritime Security Dialogue to cohere our strategic approaches to deterring threats to our shared maritime interests.
e. Establishing a dialogue on Humanitarian Assistance and Disaster Relief to build on our existing frameworks and scope future mutual assistance arrangements.
f. Coordinate and align resources to enhance regional resilience, including on maritime security, in the Indo-Pacific in the medium-term and, in accordance with our respective international obligations, provide for reciprocal base access to facilities, including Réunion Island, New Caledonia and French Polynesia.
g. Bring together our intelligence, law enforcement and policy expertise across the overt and covert environments to deter, counter and respond to the full range of hybrid threats including physical threats to people, sabotage and foreign interference, including Foreign Information Manipulation and Interference (FIMI), cyber and espionage. Jointly pursuing attributions and coordinating on sanctions, as well as exploring how we can further lead joint operational efforts to combat the hybrid threats. We will continue our cooperation in NATO, G7 and other multilateral forums.
h. Further strengthen our cooperation to counter FIMI, to raise the costs for states seeking to undermine our security and democratic institutions. We will pursue the interoperability of our systems to analyse FIMI and increase efforts to jointly respond to it, including through exposure, sanctions and strategic communication. We will continue working together to build collective responses to FIMI in multilateral fora.
i. Build on the UK-French Pall Mall Process and the Paris Call for Trust and Security in Cyberspace, to tackle the threat posed by the proliferation of commercial cyber intrusion capabilities and address the shared challenges we face in cyberspace, and increase the cost to our adversaries through deterrence, sanctions and attributions.
j. Engage in regular technical exchanges and proactively exploring joint research opportunities to harness the transformative potential of Artificial Intelligence and emerging technologies, while addressing associated national security challenges. The UK and France are uniquely placed to lead international efforts and response capabilities.
k. Jointly maximise our impact against the highest-threat terrorist groups. Internationally, we will deepen our cooperation with Syria, and will look to enhance our coordination against the expanding terrorist threat in sub-Saharan Africa and central Asia. Domestically, we will build resilience against terrorist threats to critical infrastructure, including transport connections between our countries.
a. Develop a new joint UK-France cross government secure communication system.
b. Expand people and training links between the UK and French Militaries, optimising our networks of exchange and liaison officers, with a focus on junior officer exchanges, to develop a shared strategic culture in the next generation of military leaders across all three services.
c. Continue to enable the constant exchange of national security and defence personnel and their families, to constantly deepen and forge our relationship for future generations and to ensure our Armed Forces have the conditions they need to perform effectively, and that they, and their family members, do not experience disadvantages as a result of their service. This might include reciprocal access to rights to work and related facilitations for defence personnel and their household members serving in each other’s countries.
US Senate News:
Source: US Senator for New Mexico Ben Ray Luján
WASHINGTON — U.S. Senators Martin Heinrich (D-N.M.) and Ben Ray Luján (D-N.M.), and U.S. Representatives Teresa Leger Fernández (D-N.M.), Melanie Stansbury (D-N.M.), and Gabe Vasquez (D-N.M.) are welcoming $4,384,758 from the Federal Aviation Administration (FAA) for upgrades at the Albuquerque International Sunport, Artesia Municipal Airport, and Socorro Municipal Airport.
These grants are funded through the FAA’s Airport Improvement Program, which provides grants for the planning and development of public-use airports.
“When we invest in New Mexico’s airports, we invest in the people who rely on these facilities to do business in our state, create jobs, and contribute to our economy,” said Heinrich, a member of the Senate Appropriations Committee. “I am proud to welcome over $4.3 million to make improvements at the Albuquerque International Sunport and the Artesia and Socorro Municipal Airports. I will keep fighting to bring investments home to modernize our airports, improve travelers’ experiences, and drive our state’s economic growth for the future.”
“Airports across New Mexico are critical hubs for transportation and local economies,” said Luján. “I’m proud to welcome over $4 million in federal funding for airports in Albuquerque, Artesia, and Socorro. These investments will improve safety, support local jobs, and help our airports better serve New Mexicans and visitors alike.”
“Investing in our infrastructure keeps our communities connected and creates a foundation for prosperity in rural New Mexico. This $4,384,758 in federal funding will bring much-needed investments to not only New Mexico’s largest airport, but also our rural airports. Maintaining runways and infrastructure is the quiet work that is essential to keep our planes and passengers safe.” said Leger Fernández. “Connecting New Mexico diversifies our economy and creates local jobs across the state.”
“Our airports are vital lifelines for trade, tourism, and connecting our communities to family and friends outside of New Mexico,” said Stansbury. “This $4.3 million for infrastructure updates for three airports across the state, including NM-01’s very own Sunport, will ensure they stay safe and efficient hubs for New Mexicans and visitors.”
“From the Sunport to Socorro and Artesia, these airport upgrades will improve accessibility and connectivity for New Mexicans,” said Vasquez. “Safer roads, modernized runways, and new equipment mean better service for travelers and stronger support for local industries like agriculture, energy, and tourism. We’re making sure New Mexico isn’t left behind when it comes to infrastructure that keeps people and goods moving.”
The breakdown of the FAA funding for New Mexico is below:
FAA Funding for New Mexico
| Airport | Project Description | Grant Amount |
| Albuquerque International Sunport | This project rehabilitates 10,500 feet of existing terminal access road to extend its useful life. | $3,656,508 |
| Artesia Municipal Airport | This grant funds phase 1, which consists of design. This project rehabilitates 6,800 feet of existing paved Runway 4/22 to maintain the structural integrity and minimize foreign object debris to extend its useful life. | $128,250 |
| Socorro Municipal Airport | This grant funds a portion of the final phase, which consists of construction. This project constructs a new 2,700 square foot snow removal equipment building to bring the airport into conformity with current standards. | $600,000 |
Source: US State of North Dakota
Gov. Kelly Armstrong has authorized the North Dakota National Guard to provide aerial support in the search for victims of catastrophic flash flooding in central Texas that has claimed the lives of 120 people, with more than 170 still missing.
A seven-person crew from the North Dakota Air National Guard’s 119th Wing is operating an MQ-9 Reaper remotely piloted aircraft to aid search efforts. Armstrong approved the request from Texas Gov. Greg Abbott through the Emergency Management Assistance Compact (EMAC), the national interstate mutual aid system that allows states to share resources during disasters.
“Other states have come to our aid in extremely challenging times, and North Dakota stands ready to help Texas through this catastrophe however we can,” Armstrong said. “We pray for everyone affected by the flash flooding, especially those families grieving lost loved ones, and thank all the first responders, volunteers, search and rescue teams, and emergency management personnel working day and night to provide safety, shelter and closure.”
The Fargo-based 119th Wing remotely pilots the MQ-9 Reaper, providing air support and intelligence, surveillance and reconnaissance to ground forces. This is the first time the 119th Wing has provided MQ-9 support for an EMAC request.
“Our North Dakota National Guard Airmen are working with Texas as they continue search and rescue missions and provide assessment of impacted areas following this flash flooding,” said Brig. Gen. Mitch Johnson, adjutant general of the North Dakota National Guard and director of the North Dakota Department of Emergency Services, which coordinates EMAC requests with other states. “We are controlling a Texas-based MQ-9 from Fargo in order to support emergency management teams on the ground with meaningful and effective information.”
Source: US State of North Dakota
Gov. Kelly Armstrong has authorized the North Dakota National Guard to provide aerial support in the search for victims of catastrophic flash flooding in central Texas that has claimed the lives of 120 people, with more than 170 still missing.
A seven-person crew from the North Dakota Air National Guard’s 119th Wing is operating an MQ-9 Reaper remotely piloted aircraft to aid search efforts. Armstrong approved the request from Texas Gov. Greg Abbott through the Emergency Management Assistance Compact (EMAC), the national interstate mutual aid system that allows states to share resources during disasters.
“Other states have come to our aid in extremely challenging times, and North Dakota stands ready to help Texas through this catastrophe however we can,” Armstrong said. “We pray for everyone affected by the flash flooding, especially those families grieving lost loved ones, and thank all the first responders, volunteers, search and rescue teams, and emergency management personnel working day and night to provide safety, shelter and closure.”
The Fargo-based 119th Wing remotely pilots the MQ-9 Reaper, providing air support and intelligence, surveillance and reconnaissance to ground forces. This is the first time the 119th Wing has provided MQ-9 support for an EMAC request.
“Our North Dakota National Guard Airmen are working with Texas as they continue search and rescue missions and provide assessment of impacted areas following this flash flooding,” said Brig. Gen. Mitch Johnson, adjutant general of the North Dakota National Guard and director of the North Dakota Department of Emergency Services, which coordinates EMAC requests with other states. “We are controlling a Texas-based MQ-9 from Fargo in order to support emergency management teams on the ground with meaningful and effective information.”
Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09)
Toledo, OH — Today, Congresswoman Marcy Kaptur (OH-09) announced two major research awards totaling $650,000 for the University of Toledo from the National Science Foundation (NSF). These investments are a testament to Northwest Ohio’s scientific leadership and a clear reminder of the critical role federal research funding plays in the future of American innovation, education, and security.
“The University of Toledo continues to shine as a center of scientific excellence and innovation,” said Congresswoman Marcy Kaptur (OH-09). “These awards are a powerful example of how federal research funding drives discovery, creates jobs, and gives students real opportunities here in Northwest Ohio. But we must be clear: if the Trump Administration fails to protect funding for science and innovation, we not only stall progress — we risk losing the talent, technology, and competitiveness that keep the innovative engine of our nation alive.”
The two NSF awards include:
$149,999 for research into fatigue-resistant aerospace-grade aluminum nanocomposites, led by Dr. Meysam Haghshenas. This work aims to improve safety and durability in critical sectors like aviation, space, and transportation.
$500,000 for the development of adaptive metal origami structures, spearheaded by Dr. Ala Qattawi, which has applications in robotics, defense systems, and biomedical devices.
“This National Science Foundation project is an exciting convergence of two foundational research missions, where an equipment award from the U.S. Department of Defense provided the critical infrastructure that now empowers our fundamental investigations supported by the National Science Foundation,” said Dr. Meysam Haghshenas, an associate professor in the Department of Mechanical, Industrial and Manufacturing Engineering and the director of UToledo’s Failure, Fracture and Fatigue Laboratory. “It is a perfect example of how strategic investment in cutting-edge instrumentation can bridge agencies and catalyze fundamental scientific discovery at the core of national interest.”
“I’m honored and excited to receive the National Science Foundation’s CAREER Award,” said Dr. Ala Qattawi, an associate professor in the Department of Mechanical, Industrial, and Manufacturing Engineering. “This award will help propel our research into foldable metal structures inspired by origami by using advanced 3D printing and smart materials that respond to heat and other triggers. These adaptable geometries hold great promise for applications in aerospace, robotics and biomedical devices. Federal support through the NSF, along with growing interest from industry partners, is helping us build critical momentum in this area along with the ability to train and prepare future workforce in advanced materials manufacturing. I’m grateful for the opportunity to push the boundaries of what’s possible and to provide UToledo students with more exposure and experience in basic research and additive manufacturing.”
Combined, these projects are projected to support dozens of undergraduate and graduate students, postdoctoral researchers, and lab technicians over the next several years. The research also bolsters workforce development by integrating student-led research into university coursework, and by providing outreach opportunities in local K–12 classrooms — exposing young learners to high-tech, hands-on science before they reach college.
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Source: United Kingdom – Government Statements
The Coalition of the Willing will have a new permanent headquarters in Paris, with plans in place for a future coordination cell in Kyiv, as command structures for the future reassurance force are finalised.
The Coalition of the Willing will have a new permanent headquarters in Paris, with plans in place for a future coordination cell in Kyiv, as command structures for the future reassurance force are finalised.
It comes after leaders from the Coalition of the Willing met virtually today, with the Prime Minister and President Macron joining from the UK’s Permanent Joint Headquarters in Northwood and President Zelenskyy, Prime Minister Meloni and other leaders joining from the Ukraine Recovery Conference in Rome to discuss the latest planning and our wider efforts to support Ukraine.
For the first time, representatives of the United States, including Special Presidential Envoy, General Keith Kellogg, Senator Lindsey Graham and Senator Richard Blumenthal, joined the meeting.
Military chiefs updated on the significant progress made, including the completion of reconnaissance visits to Ukraine, to better understand how a post-ceasefire force could best help regenerate the strength and firepower of Ukrainian forces and provide reassurance in the years to come.
Following agreement on command structures for the force, leaders agreed that planning should continue on an enduring, business as usual footing, to ensure that a force can deploy in the days following the cessation of hostilities.
That will include a 3-star multi-national operational headquarters in Paris, led by the UK and France, to oversee all tactical and operational arrangements.
The headquarters, which will rotate to London after the first 12 months, will allow partners to contribute forces flexibly and deploy military teams for different operational strands of work.
When the force deploys, a co-ordination cell, headed up by a UK 2-star military officer will also be set up in Kyiv.
Following the cessation of hostilities, the force is expected to:
During the meeting, leaders condemned President Putin’s brutal attacks on Ukrainian cities and disregard for peace talks and reaffirmed their determination to continue applying pressure on Putin to stop his illegal attacks and engage meaningfully in negotiations. They also welcomed progress made at the Ukraine Recovery Conference to help Ukraine grow its economy and protect its infrastructure against Russia’s attacks.
They agreed their priority effort must be to focus on Ukraine’s immediate defence in the face of relentless Russian attacks on critical national infrastructure and civilians.
Supporting Ukraine is not just the right thing to do, it’s essential for delivering security at home. That is why the Coalition of the Willing is ensuring we have a future force that can deploy following a ceasefire to deter Russian aggression for years to come.
But as we continue to prepare for peace, our focus must also be on making it happen. So, alongside our partners, in the coming days and weeks, we will step up our support to keep Ukraine in the fight now, increasing pressure on Putin through crippling sanctions and ensuring Ukraine’s Armed Forces have the equipment they need to defend their sovereign territory.
I am clear that the more we do to counter Russia’s aggression, the safer we will keep the British people, our allies and the Euro-Atlantic area.
President Putin has made it clear with his barbaric missile strikes that he is not ready for peace – underscoring the need for the international priority to be to strengthen Ukraine in the fight now.
Despite this, Coalition of the Willing members have been steadfast about their commitment to making sure they are ready to support Ukraine to deter future Russian attacks when the conditions for peace are right.
The ‘Multinational Force Ukraine’ will bolster Ukraine’s ability to return to peace and stability by supporting the regeneration of Ukraine’s own forces. Strong Ukrainian armed forces is the best way to deter Russia – and ensure the country is able to rebuild a thriving economy and attract international investment.
The military plan comes after military chiefs met in Paris on Monday to agree the strategy for the force and coordinate plans with the EU, NATO and the US and more than 200 planners from 30 international partners.
Leaders have now met six times to further planning and political support for the plans. The meeting comes after Ukraine’s friends and partners pledged €40bn of military support for the country in 2025 at the NATO Summit last month.
This year, the UK will contribute £4.5 billion of military support to Ukraine – more than ever before, as well as launching a new landmark partnership share battlefield technology.
That agreement, reached last month, will boost Ukraine’s drone production capacity and link the UK’s defence industry with the cutting-edge technology being developed on the front lines in Ukraine.
Source: US GOIAM Union
The IAM Union is calling out Republican leadership in the U.S. Senate for abandoning the working men and women who keep our transportation system moving. In the recently passed reconciliation bill, a key overtime tax deduction provision left out millions of transportation workers — including railroaders, aviation professionals, seafarers, truckers, and other critical workers.
The IAM Union, as well as the Transportation Communications Union (TCU/IAM), urged every senator to support U.S. Sen. Maria Cantwell’s (D-Wash.) Amendment #2613, which would have corrected this injustice by extending the overtime tax deduction to aviation and railroad workers. Republican leaders blocked the amendment from moving forward, ignoring the needs of working families in one of the most demanding sectors of our economy.
“Airline and railroad workers often log irregular schedules, overnight shifts, and weeks away from home,” said IAM Union International President Brian Bryant. “Their dedication has kept our economy afloat in the face of supply chain disruptions and global pandemics. To single them out for exclusion is not just unfair — it’s disgraceful.”
The overtime tax deduction included in the law provides for a temporary deduction (2025–2028) of up to $12,500 ($25,000 for joint filers) on qualified overtime compensation. The deduction phases out when a taxpayer’s Modified Adjusted Gross Income exceeds $150,000 ($300,000 for joint returns).
The provision was included in a larger piece of legislation that includes tax breaks for billionaires, the slashing of health insurance for millions, and massive cuts to infrastructure funding that will lead to significant job loss.
The post IAM Union Blasts GOP for Excluding Airline, Railroad Workers from Overtime Tax Deduction appeared first on IAM Union.
US Senate News:
Source: United States Senator for Illinois Tammy Duckworth
July 09, 2025
[WASHINGTON, D.C.] – Today, U.S. Senator Tammy Duckworth (D-IL)—Ranking Member of the U.S. Senate Commerce Subcommittee on Aviation—voted against Bryan Bedford’s nomination to serve as FAA Administrator. Senate Republicans confirmed Bedford by a vote of 53-43.
“At this critical moment for aviation safety, it is deeply disturbing that Senate Republicans just confirmed someone who refused to commit to upholding the 1,500-hour pilot training requirement. With a surge in near-misses, an air traffic controller shortage, aging air traffic control equipment and facilities—and in the wake of the first major deadly commercial crash in more than a decade, now is clearly not the time to weaken flight hour requirements for our nation’s aspiring airline pilots.
“Incident after incident, it has been pilots who have made last second decisions to avert disaster. Well-trained pilots are our last line of defense, and I could not vote for a nominee who as a corporate executive prioritized—and gained notoriety for—his failed effort to convince the FAA to exempt him from the 1,500-hour rule and let him hire less experienced pilots.
“Americans do not want less-trained, less-prepared pilots in the cockpit flying their planes. As he assumes this important role, Mr. Bedford must abandon any plan to weaken our gold standard in pilot training and put the safety of the flying public first.”
In light of Bedford’s previous comments and actions against the 1,500-hour rule, Duckworth underscored at his nomination hearing that he would unilaterally attempt to weaken this standard and produce less-prepared pilots despite the serious challenges our nation is facing with regard to aviation safety. When Duckworth asked Mr. Bedford for his commitment to not reduce the 1,500-hour rule if confirmed, Mr. Bedford refused to commit.
In 2022, while Bedford was CEO of Republic Airways, the airline asked the FAA for an exemption to the 1,500-hour requirement for graduates from the airline’s training academy. The airline argued its graduates needed only 750 hours of flight time to become first officers, but FAA rejected the application, finding it did not provide an equivalent level of safety.
The families of the Colgan Air Flight 3407 crash also announced their opposition to Bedford’s nomination.
For years before the deadly DCA crash, Duckworth has been sounding the alarm that we must make critical aviation safety investments to prevent all-too-often near-misses from becoming catastrophic tragedies. Last Congress, Duckworth chaired two CST Aviation Subcommittee hearings—one last December and the other a year prior—to address our aviation industry’s chilling surge in near-deadly close calls and underscore the urgent need to improve air traffic control systems to protect the flying public.
Duckworth helped author the landmark bipartisan FAA Reauthorization Act of 2024 that was signed into law last year and included several of her provisions to safeguard the 1,500-hour rule, improve safety, expand the aviation workforce and enhance protections for travelers with disabilities.
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Source: GlobeNewswire (MIL-OSI)
PALM BEACH, Fla., July 10, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Quantum computing uses the principles of quantum mechanics to process and manipulate information in ways that differ fundamentally from those used by classical computers while disrupting a growing number of applications and industries. This represents a revolutionary shift in computing. Quantum computers leverage phenomena such as superposition, entanglement, and quantum interference to perform complex calculations and solve problems that are currently intractable for classical computers. The quantum computing market is witnessing rapid growth and innovation, driven by advancements in quantum technology and increasing demand for powerful computing solutions. As businesses and research institutions seek to tackle complex computational problems beyond the capabilities of classical computers, the market for quantum computing is poised for significant expansion. Market trends indicate a surge in investment from both public and private sectors, with major technology companies, governments, and startups dedicating resources to quantum research and development. This influx of investment has fueled breakthroughs in quantum hardware, software, and algorithms, propelling the market forward. A report from Polaris Market Research said that the Quantum Computing Market size was valued at USD $1.187.92 Billion in 2023 and that the market is anticipated to grow from USD $1.410.65 Billion in 2024 to USD $5.714.80 Billion by 2032, exhibiting the CAGR of 19.1% during the forecast period. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), IonQ (NYSE: IONQ), Red Cat Holdings, Inc. (NASDAQ: RCAT), Quantum Computing Inc. (NASDAQ: QUBT), AgEagle Aerial Systems Inc. (NYSE: UAVS).
The report continued: “There is a growing market trend toward computational power to address real-world challenges in fields such as cryptography, drug discovery, materials science, and optimization. Quantum computing has the potential to solve intricate problems at an exponential rate compared to classical computing, opening up new avenues for scientific exploration and innovative solutions. The growing concerns about data security and encryption vulnerabilities have triggered a surge in interest for quantum-resistant cryptographic solutions, which has further fueled the demand for quantum computing capabilities. In a period of increasingly complex computational challenges across various industries, traditional computing methods often need help to meet the demands for processing power and speed required to address these issues effectively. Quantum computing offers a revolutionary approach to computing by leveraging the principles of quantum mechanics to perform computations at an unprecedented scale and speed. As demand for quantum computing grows across various industries, including drone operations, surveillance, pharmaceuticals, and cybersecurity, the system segment becomes increasingly vital in delivering comprehensive solutions tailored to meet diverse customer needs.”
ZenaTech (NASDAQ:ZENA) Creates First Quantum Computing Prototype Enabling Disruptive AI Drone Speed and Precision for Future Commercial and US Defense Applications – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces the successful development of its first quantum computing prototype consisting of a framework for the rapid analysis and processing of large datasets for its AI drone solutions. Using weather forecasting algorithms as part of its Clear Sky project as a test case, the company has created a precedent framework for real time analysis of massive amounts of data that can be captured through AI drone sensors while in the air.
The Company envisions commercial applications ranging from highly efficient precision agriculture to predictive energy infrastructure inspections. Defense applications include enhancing real-time battlefield decision-making with faster and more precise threat detection, reconnaissance, and advance electronic warfare capabilities.
“We’re not just building smarter drones, we’re building a quantum-intelligent edge where data becomes decisions in an instant, whether it’s a battlefield or a farm field,” said Shaun Passley, Ph.D., ZenaTech CEO. “We believe this quantum framework we are creating is just the beginning as we’ve now demonstrated it can use it for large datasets. We plan to keep expanding R&D capabilities, with the goal of growing our team of 6 to 25 over the coming months. The end goal is clear: accelerate time to market, reduce operational costs, and lead the industry as a true innovator,” added Dr. Passley.
ZenaTech’s Clear Sky project is one of the company’s quantum computing R&D initiatives focused on weather forecasting that will use AI drones and drone fleets plus quantum to better predict localized weather for more accurate prediction of extreme weather events saving lives and reducing costs and destruction. The weather application and algorithms used for the prototype track and analyze multiple key atmospheric parameters such as temperature, humidity, wind, barometric pressure, and precipitation. Internal testing using historical open-source data has shown a high degree of accuracy with trusted weather platforms and actual data, validating both its accuracy and reliability.
Quantum computing combined with AI-powered drone applications enables disruptive speed, precision, and autonomy by dramatically accelerating data analysis, optimizing complex decisions, and enhancing real-time responsiveness. In commercial sectors, this means drones can autonomously inspect vast energy grids or farmland, instantly analyze multispectral data, and adjust actions on the fly—leading to lower costs and higher productivity in agriculture, logistics, and infrastructure. In defense, the same capabilities empower autonomous surveillance drones to process sensor data and identify threats in real time, coordinate swarm or drone fleet movements, and dynamically adapt to changing battlefield conditions—all with minimal human input. This fusion of technologies allows drones to make faster, smarter decisions in unpredictable, data-intensive environments—reshaping what’s possible across industries.
For weather forecasting, quantum computing can rapidly process and simulate complex atmospheric models by analyzing massive datasets from AI-enabled drones equipped with weather sensors, LiDAR, and imaging systems. This allows for highly accurate, real-time weather forecasting and microclimate prediction, improving response times for disaster management, aviation safety, and environmental monitoring.
Quantum computing is a next-generation computing technology that uses the principles of quantum physics to process information exponentially faster than traditional computers, enabling it to solve highly complex problems that are otherwise unsolvable by even the most powerful classical computers of today. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/
Other recent developments in the markets include:
IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, recently extended its congratulations to the Korea Institute of Science and Technology Information (KISTI) on securing a multi-million dollar government award through the “Quantum Computing Service and Utilization System Construction Project.” This initiative marks a pivotal step toward establishing South Korea’s first National Quantum Computing Center of Excellence.
KISTI will lead the development and operation of a quantum computing service and research platform designed to support both academic and enterprise applications. KISTI has identified IonQ as the primary quantum technology provider for the project, alongside Megazone Cloud, one of South Korea’s leading cloud service and infrastructure providers.
Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently issued a statement of support for a series of executive orders from the White House that advance U.S. leadership in uncrewed aircraft systems (UAS) and reinforce the resilience of America’s domestic industrial base.
The executive actions are expected to remove regulatory barriers and modernize federal approval processes to prioritize U.S.-manufactured drones. Additional provisions include expanded detection and mitigation authority, and streamlined regulations to accelerate the deployment of UAS across federal and commercial sectors.
Quantum Computing Inc. (NASDAQ: QUBT) recently announced the successful shipment of its first commercial entangled photon source to support research in quantum networking and secure communications. The order, placed by a leading research institution in South Korea, marks a milestone in QCi’s transition of proprietary quantum technologies from the lab to commercial markets.
The product is a broadband, standalone entangled photon source built on Spontaneous Parametric Down-Conversion (SPDC) using a periodically-poled, bulk format lithium niobate (PPLN) structure. Designed for stability and compatibility, the source operates in the C-band telecommunication range and is compatible with current fiber optics infrastructure. It integrates seamlessly into research environments advancing quantum communication protocols.
AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, recently announced the upcoming demonstration of AI-enabled autonomous Unmanned Aircraft System (UAS) teaming, developed through a strategic partnership with an Israeli defense/technology firm. The system is designed for use in border security, surveillance, and intrusion detection missions and will showcase advanced autonomous capabilities with minimal human intervention while delivering real-time operational intelligence.
The joint effort integrates AgEagle’s eBee VISION drones with partner-developed AI-powered mission planning and autonomous control tools, enabling the drones to operate as a cohesive, intelligent unit. The system leverages adaptive algorithms and decentralized decision-making within a “system of systems” architecture that dynamically adjusts to mission conditions in real time. This integration is expected to significantly enhance Intelligence, Surveillance, and Reconnaissance (ISR) effectiveness by delivering actionable data with increased speed and precision.
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