NewzIntel.com

Category: Business

  • MIL-OSI United Kingdom: Council set to launch latest round of business grants at support roadshow

    Source: City of Wolverhampton

    Grants will be offered between £3,000 and £100,000, at a maximum 50% intervention rate of total project costs the funding is for.

    Funding will come from the UK Shared Prosperity Fund (UKSPF).

    The latest grants will be launched at a free Business Support Roadshow – supported by Business Growth West Midlands – at Molineux Stadium (WV1 4QR) on Tuesday 8 April, between 10am and 12.30pm, where full details of grant eligibility, impact measures and the application processes will be shared along with details of some of the other new business support programmes.

    The window for Expressions of Interest in the grants will open the same day and close on 30 April, 2025.

    To book a place at the Business Support Roadshow, visit Wolverhampton Business Support Roadshow Tickets, Tue 8 Apr 2025 at 10:00 | Eventbrite

    Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, said: “In Wolverhampton, we are utilising the UKSPF funds to support SMEs in maximising their offer and capitalising on opportunities being generated by investment in our city.

    “The allocation of UKSPF funding over the past 12 months is helping to create more than 80 new jobs, safeguard a further 179, and underpin a projected average growth rate of over 14%.

    “I would urge businesses to sign up for the event on 8 April to find out exactly what funding is available to them.

    “Following the event there will also be support in place to help guide businesses through the process to access these grants.”

    Wolverhampton business Barr and Grosvenor – manufacturers of calibrated weights and producers of specialised castings in iron, brass, bronze and other white metals – benefitted from the previous round of grants, securing £14,000 for a capital investment critical to securing a contract to renovate Blackfriars Bridge in London.

    Dominic Grosvenor, Barr and Grosvenor Managing Director, said: “The advice and support from Ross Edgley at the council’s business growth team has been invaluable – it’s great to know that help is always close at hand. They not only helped me secure the grant but also introduced me to a number of other organisations that are able to support my business.”

    The company lists an array of high profile conservation projects amongst its works, including the restoration of The Iron Bridge in Shropshire, the production of a new Shrine to St Chad in Lichfield Cathedral, the casting of bronze door locks for galleon lighting columns down The Mall for the Queen Mother’s funeral, door hinges for the Palace of Westminster and bronze handrails for Westminster Cathedral. The company also played a key role in the regeneration of the Springfield Brewery site in Wolverhampton.

    Applications for the grants are on a competitive basis, subject to availability of funds, and distributed at the discretion of the council.

    If you need help with your grant application or have a general query, you can get in touch by emailing business.development@wolverhampton.gov.uk or calling the business support phone line on 01902 555572 between 9am and 5pm from Monday to Thursday or from 9am to 4.30pm on Fridays.

    MIL OSI United Kingdom –

  • MIL-OSI China: China to advance follow-up procedures of WTO case after US accepts tariff consultations: commerce ministry

    Source: China State Council Information Office

    China will proceed with follow-up procedures of its World Trade Organization (WTO) case against the United States for imposing additional tariffs on Chinese goods after the United States agreed to consultations under the WTO dispute settlement mechanism, a Ministry of Commerce spokesperson said on Thursday.

    The United States agreed to consultations on March 14, and China will advance subsequent procedures in accordance with WTO rules, spokesperson He Yadong told a regular press briefing.

    When asked about U.S. Senator Steve Daines’ recent visit to China, He noted that economic and trade departments from both countries have maintained communication through various channels.

    The spokesperson reiterated China’s firm opposition to U.S. unilateral imposition of additional tariffs and its stance against the politicization, weaponization, and instrumentalization of economic and trade issues.

    China is willing to engage in candid dialogue with the United States based on mutual respect, equality and mutual benefit, the spokesperson said. 

    MIL OSI China News –

  • MIL-OSI China: China, New Zealand hold first round of talks on services trade negative list

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

    BEIJING, March 27 — China and New Zealand have held the first round of negotiations on a services trade negative list under their free trade agreement (FTA), China’s Ministry of Commerce said Thursday.

    The talks, held in Beijing from March 25 to 26, made positive progress and focused on establishing the principles, scope and framework for the negative list negotiations, the ministry said in a statement.

    The ministry added that the two countries will implement important consensus reached by their leaders while actively advancing the negotiation process to elevate bilateral trade and investment cooperation.

    The FTA was signed in April 2008 and came into effect in October of the same year. In January 2021, the two sides signed an upgraded protocol to the FTA, further deepening practical cooperation across various sectors.

    MIL OSI China News –

  • MIL-OSI China: Panel discussions held during Boao Forum for Asia

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

    Panel discussions held during Boao Forum for Asia

    Updated: March 27, 2025 21:07 Xinhua
    A panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” is held during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Akylbek Zhaparov, former chairman of the Cabinet of Ministers of the Kyrgyz Republic, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Yasiru Bandara Ranaraja, founding director of the Belt and Road Initiative Sri Lanka, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Ai Yilun, general manager of Hainan State Farms Investment Holdings Group, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Ricardo Arroja, president of Portuguese Trade and Investment Agency, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Liu Qiao, dean of the Guanghua School of Management at Peking University, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Albert Park, chief economist of the Asian Development Bank, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]
    Benjamin Simpfendorfer, partner of Oliver Wyman, speaks at a panel discussion themed on “Maintaining Global Supply Chain Stability: The Role of Connectivity” during the Boao Forum for Asia (BFA) Annual Conference 2025 in Boao, south China’s Hainan Province, March 27, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI USA: Robert Bird: Legal Strategy is an Untapped Competitive Advantage for Companies

    Source: US State of Connecticut

    CEOs and corporations should integrate legal strategy – an often-overlooked competitive advantage – into the core of their business plans, says Business law professor Robert Bird.

    “Legal knowledge is the last great source of untapped competitive advantage in organizations, and the corporations that recognize this can unlock a storehouse of value creation that their rivals might miss,’’ Bird says.

    Bird lays out the case for the competitive advantage of legal strategy in a new book, “Legal Knowledge in Organizations: A Source of Strategic and Competitive Advantage’’ (Cambridge University Press), which is out today.

    “When applied strategically, legal expertise can reveal opportunities for innovation, improve risk management, foster better decision-making, and support a culture of integrity,’’ he says.

    Legal Strategy Offers Much More than Compliance Mandates

    Take, for example, a company that establishes a strong policy against sexual harassment, Bird says. Instead of ignoring or minimizing sexual harassment concerns, the company prides itself on having zero tolerance and makes support and respect for women a core value of the organization.

    “Legal requirements related to sexual harassment and other workplace rules are more than just mandates. They have the potential to transform organizational culture and support women at all levels of the company,” Bird says. “Ultimately, that becomes a tremendous advantage in recruiting and retaining top talent.’’

    Legal knowledge holds many other strategic advantages as well, Bird says. A pro-active legal team can minimize risk; create contracts with intrinsic value that build relationships, loyalty, and trust; and merge intellectual prowess with corporate integrity.

    Bird says it took about two years to complete the book, but it reflects over 20 years of thought, research, and experience.

    “I’ve had an enduring curiosity about how lawyers and other legal experts can make companies more competitive and also more ethical,’’ he says. “A variety of businesses can profit from this guidance, but pharmaceutical, financial services, health care, and other highly regulated industries can particularly benefit.”

    The new book also offers a step-by-step guide to implementing legal strategy into a company.

    “I think the information in this book can bridge the gap between legal knowledge and business goals,’’ Bird says. “This content is meant to serve the broad business community, from lawyers to aspiring managers to business executives.’’

    Legal Expertise No Longer on the Periphery

    Bird says he believes this strategy has been overlooked by businesses because of the different perspectives that lawyers and businesspeople have.

    “Lawyers tend to be more conservative, and business people are more willing to take risks,’’ he says. “That can be a source of disagreement, but if both sides collaborate with one another there is the potential for a significant value creation.”

    Leveraging legal knowledge into competitive value requires a different way of thinking about how the organization works.

    “To be effective, leadership needs two things, an understanding of the law and an innovative mindset on how to use it in new ways that capture value,’’ he says. “We need to shed the thinking of the legal team as a static, punitive force, and embrace it as something dynamic, a value generator, and part of a fundamental strategy, that is no less valuable than other business disciplines.’’

    Bird emphasizes that legal knowledge must be deployed ethically and in a socially responsible manner.

    “Legal strategy is not a license to circumvent legal obligations, but a valuable opportunity to grow an organization that generates superior value for both business and society,” he says.

    Bird has been a professor of business law at UConn for 21 years and he also serves as the Eversource Energy Chair in Business Ethics. He earned his JD and MBA from Boston University. A prolific writer, he has authored more than 80 articles in the Journal of Law and Economics, American Business Law Journal, the Harvard Journal of Law and Public Policy and the MIT Sloan Management Review and has received numerous research and teaching awards.

    MIL OSI USA News –

  • MIL-OSI: Siyata Mobile Inc. to Present at the AI & Technology Virtual Investor Conference April 3

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) — Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”), announced today that Aitan Zacharin, CEO of Core Gaming, Inc. (“Core Gaming”) who it recently signed a definitive merger agreement with, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com on April 3, 2025.

    Date: Thursday, April 3, 2025
    Time: 10:30 – 11 am ET
    Link: Register Here
    Available for 1×1 meetings April 3rd

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

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

    Learn more about the event at www.virtualinvestorconferences.com.

    About Core Gaming, Inc. and Siyata Mobile Inc.

    Core Gaming, Inc. is a global AI-driven mobile gaming developer and publisher headquartered in Miami, Florida. We create entertaining games for millions of players worldwide, while empowering other developers to deliver player-focused apps and games to enthusiasts. Core Gaming’s mission is to be the leading global AI-driven gaming company. Since our launch, we have developed and co-developed over 2,000 games, driven over 600 million downloads, and generated a global footprint of over 40 million users from over 140 countries. Visit www.coregaming.co to learn more.

    Core Gaming previously announced signing of a definitive merger agreement with Siyata Mobile, Inc., which is currently subject to regulatory approval(s) and satisfaction of customary closing conditions.

    Siyata’s common shares trade on the Nasdaq Capital Market, LLC under the symbol “SYTA”, and its warrants under the symbol “SYTAW”. Visit www.siyata.net to learn more.

    Investor Relations:
    Brett Maas
    Hayden IR
    SYTA@Haydenir.com
    646-536-7331

    Siyata Mobile Corporate:
    Glenn Kennedy, VP of International Sales
    Siyata Mobile Inc.
    glenn@siyata.net

    Forward Looking Statements
    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.

    The MIL Network –

  • MIL-OSI: Sompo expands operations in Continental Europe with authorisation to write primary insurance locally in Belgium and the Netherlands

    Source: GlobeNewswire (MIL-OSI)

    LUXEMBOURG, March 27, 2025 (GLOBE NEWSWIRE) — Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced that it has been granted licences by the regulatory authorities to write primary insurance locally in Belgium and the Netherlands.

    The development extends further Sompo’s commercial P&C insurance capabilities and product offerings in Continental Europe, where the insurer also operates in Germany, France, Spain, Italy and Switzerland.

    Ralph Brand, President, Continental Europe Insurance said: “Sompo has grown its presence significantly across Continental Europe in recent years and the authorisations to write primary insurance locally in Belgium and the Netherlands provide yet another milestone for our business. We know clients are increasingly looking for partners with local presence aligned with global expertise who can support them through all aspects of the many and often complex risks they face. We empower our local teams to work with our clients and brokers to offer a flexible, solutions-driven approach that creates the framework for long-term partnerships and success. I very much look forward to watching us develop opportunities in both these exciting markets.”

    For broker and business inquiries relating to Sompo in Belgium and/or the Netherlands, please contact: Herndon Stokes, Head of Distribution & Client Relationship Management, Insurance, Continental Europe, hstokes@sompo-intl.com

    About Sompo

    We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™.

    “Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.

    To learn more please follow us on LinkedIn or visit sompo-intl.com.

    *Sompo UK’s insurance and reinsurance business is underwritten by Endurance Worldwide Insurance Limited and any risks located in the European Economic Area are underwritten by SI Insurance (Europe), SA. Both companies are wholly owned subsidiaries of Sompo International Holdings Ltd. Please visit sompo-intl.com to view the full status disclosure.

    Sompo Contact

    Mike Jones
    Global Head of Media Relations
    M: +44 7765 901899
    E: mijones@sompo-intl.com

    Alexandra Brändli
    VP, Marketing & Communications, Insurance, Continental Europe
    M: +41 79 606 04 49
    E: abraendli@sompo-intl.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/231b87ef-949b-46da-81c5-b67dd3e0bbe6

    The MIL Network –

  • MIL-OSI: Drone Manufacturers Racing to Introduce Latest Technology as Global Aerial Survey Services Market Projected to Reach $790 Billion By 2031

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., March 27, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Many investors have been watching the drone industry consistently growing over the past years and are expecting the same expansions to continue. The popularity of unmanned aerial vehicles (UAVs) for aerial imagery is quickly expanding this market. A report from Verified Market Research said that the Aerial Survey Services Market size, which was valued at USD 22.67 Billion in 2024, is projected to reach USD 791.21 Billion by 2031, growing at a CAGR of 55.90% during the forecast period 2024-2031. The report added: “The rising use of drone services for industry-specific solutions, improved regulatory framework, and increased demand for qualitative data in various industries are projected to boost the expansion of the Drone Aerial Survey Services Market. Aerial imaging is being more widely used in defense applications. Natural calamities are becoming more common. Aerial camera systems have been improving steadily. Drone technology has attracted venture capital investment. During the forecast period, the enterprise segment of the Aerial Survey Services Market is expected to grow at the fastest rate. All industries benefit from enterprise solutions because they provide end-to-end services. The enterprise solution segment is being driven by the rising demand for analytical services and software solutions in the Aerial Survey Services Market.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Red Cat Holdings, Inc. (NASDAQ: RCAT), AeroVironment, Inc. (NASDAQ: AVAV), KULR Technology Group, Inc. (NYSE American: KULR).

    Verified Market Research continued: “A rise in demand from a variety of industries is fueling the growth of the Drone Aerial Survey Services Market. Aerial photography is used in agriculture to track effective changes in yield production, crop health management, and soil improvement. Aerial imaging services are needed by the defense sector to protect border areas and prepare map structures. Aerial imaging services are also being used more widely in research and exploration, archaeological surveys, mining, oil and gas, and resource management. The Drone Aerial Survey Services Market is still in its early stages of development, and the expansion of application areas is expected to accelerate market growth over the forecast period. During the coronavirus pandemic, aerial imaging helped the construction industry. The benefits of aerial imaging for contracted surveying, onsite inspections, and design planning applications have been augmented by the construction, roofing, and solar industries.”

    ZenaTech (NASDAQ:ZENA) Signs LOI to Acquire Eighth Land Survey Company Advancing Drone as a Service in a $2.5 Billion US Drone Survey Market by 2033 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has signed an LOI (Letter of Intent) to acquire an eighth land survey engineering company which marks the second LOI located in Arizona. Upon completion, these locations will serve as a launchpad to further Southwest regional development and contribute to the Company’s national DaaS business model intended to bring the speed and precision of ZenaDrone’s AI drone solutions in a convenient subscription or pay-per-use model for businesses and government users.

    “Arizona is strategic to our US operations as the base of our subsidiary ZenaDrone where our second drone manufacturing facility will be. Our vision with Drone as a Service is to capture part of the drone survey market that is growing by double-digits and is expected to reach USD $2.5 billion by 2033. We plan to build our national presence offering ZenaDrone products and services for land surveys and many other applications,” said CEO Shaun Passley, Ph.D.

    According to Fact.MR, the global drone surveying market is poised for substantial growth and is expected to be worth over USD $8 billion globally by 2033 of which North America is expected to represent 35%. This market is expanding at a CAGR of over 19%, driven by increasing demand from industries such as construction, agriculture, and infrastructure development. Within the drone surveying market, land surveys represent 53%, with significant adoption in real estate, urban planning, environmental applications and infrastructure projects.

    Drones as a Service or DaaS works similarly to Software as a Service (SaaS), but instead of providing software over the internet, this business model offers drone technology solutions and services on a subscription or pay-per-use basis. With DaaS, businesses and government customers can conveniently access drones for tasks such as surveying, inspections, security, law enforcement, or precision agriculture solutions without having to buy, operate or maintain the drones themselves.

    ZenaTech’s DaaS model offers customers including government agencies, builders and real estate developers, construction firms and farmers reduced upfront costs as there is no need to purchase expensive drones, and convenience as the company manages maintenance and operation. DaaS also offers scalability to companies to use more often or less often based on their needs and enables access to advanced drone technology and applications without the need for specialized training or equipment.

    Accurate land surveys are essential for the planning, design, and execution of roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) ZenaDrone Developing Indoor Drone Swarm Application for Inventory Management and Security with Auto Parts Manufacturer Customer – ZenaTech, Inc. this week also announced its subsidiary ZenaDrone is developing a drone swarm application using multiple indoor IQ Nano drones for inventory management and security applications. ZenaDrone is conducting this development with its auto parts manufacturer customer where it is currently engaged in a paid trial.

    A drone swarm is a coordinated group of autonomous drones that communicate and work together using AI and real-time data sharing, to perform tasks collaboratively without direct human control. Drone swarms can enhance efficiency, accuracy, automation and performance compared to a single drone.

    “We are pioneering the development of autonomous drone swarm technology, revolutionizing indoor inventory management and warehouse security by providing real-time, more accurate stock tracking and surveillance with reduced manual processes. We believe this technology will enable warehouses to operate more efficiently, reduce costs, and enhance safety and security while setting a new industry standard for AI drones,” said CEO Shaun Passley, Ph.D.   Continued… Read this full release by visiting: https://www.zenatech.com/newsroom/

    Other recent developments in the drone industry include:

    Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced that financial results for the 2024 Stub Period (as of December 31, 2024 and the eight months then ended) will be reported on Monday, March 31, 2025 at the market close.

    Company management will host an earnings conference call at 4:30p.m. ET on Monday, March 31, 2025 to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.

    Interested parties can listen to the conference call by dialing 1-844-413-3977 (within the U.S.) or 1-412-317-1803 (international). Callers should dial in approximately ten minutes prior to the start time and ask to be connected to the Red Cat conference call. Participants can also pre-register for the call using the following link: https://dpregister.com/sreg/10198203/fecb0dc7ae

    AeroVironment, Inc. (NASDAQ: AVAV) recently reported financial results for the fiscal third quarter ended January 25, 2025. “We faced a number of short-term challenges in the third quarter, including the unprecedented high winds and fires in Southern California, which impacted our ability to meet our goals,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “Nevertheless, we made significant progress towards executing our long-term growth strategy and building resiliency for the future.

    “This quarter, we booked record Switchblade and Jump-20 orders, which helped expand our backlog to a record $764 million. We also announced our new Utah manufacturing facility, which will more than double our Switchblade capacity and provide resiliency against regional weather events. Finally, we made significant progress towards completing our BlueHalo acquisition, which we now expect to close in the second quarter of calendar year 2025. While this has been a transition year pivoting away from Ukraine demand, we still expect a strong fiscal year 2025 including record fourth quarter revenue.”

    KULR Technology Group, Inc. (NYSE American: KULR) recently announced will hold a conference call on Thursday, March 27th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The financial results will be issued in a press release prior to the call.

    KULR management will host the conference call, followed by a question-and-answer period. Interested parties can submit relevant questions prior to the call to Stuart Smith at SmallCapVoice.Com, Inc. via email: ssmith@smallcapvoice.com by 5:00 p.m. ET on Friday, March 21st, 2025. Mr. Smith will compile a list of questions and submit them to the Company prior to the conference call. The questions that will get addressed will be based on the relevance to the shareholder base, and the appropriateness of the questions in light of public disclosure rules.

    AgEagle Aerial Systems Inc. (NYSE: UAVS) recently announced the appointment of Steve Mathias as Vice President of Global Sales and Business Development and Erik de Badts as Global Head of MicaSense Sales. AgEagle CEO Bill Irby commented, “As we execute a multi-faceted strategic growth plan focused on expanding our global footprint, the addition of both Steve and Erik’s impressive pedigrees will drive innovation, foster collaboration, and ensure that we remain agile in an evolving UAS marketplace. Steve brings multi-decade expertise in military and commercial aviation, both crewed and uncrewed, while Erik is a true subject matter expert in multi-spectral sensing. We are confident their leadership will help strengthen key partner relationships, unlock new opportunities, and accelerate revenue growth.”

    Steve Mathias is an aerospace business executive with over 30 years of senior leadership experience in both the military and aerospace industry. Prior to joining AgEagle, he served as Senior Vice President of Strategy and Growth at GKN Aerospace Defense, a leading global technology company specializing in advanced aerostructures and engine systems. Before his role at GKN Aerospace, Mr. Mathias was Vice President of Global Sales and Strategy at Bell Helicopter, where he led all domestic and international vertical lift defense sales, including both crewed and uncrewed systems. His background as a U.S. Army Officer includes significant special operations and conventional aviation experience with both manned and unmanned systems. In his final Army assignment, Steve served as the Deputy Chief of Staff G-8 for the U.S. Army Special Operations Command, overseeing the requirements and Program Objective Memorandum (POM) processes for over 200 Army and Special Operations air and land programs.

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: CURRENC Empowers Coin Cove with AI-Powered Electronic Banking Services Platform

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced that it has secured a landmark contract with Coin Cove, an institution providing electronic banking services, to provide Coin Cove with comprehensive, AI-powered electronic banking solutions through CURRENC’s SEAMLESS AI Lab, including a cutting-edge trading platform, trading and operating apps, customer inquiry and marketing centers, SEAMLESS AI Call Centre technology, training, compliance and risk management tools, website design and MasterCard issuance.

    CURRENC has crafted a comprehensive spot and futures trading environment for Coin Cove, supporting over 150 digital assets and 600 trading pairs alongside multi-asset collateral and settlement. The platform also offers large-volume trading with locked-in rates to eliminate slippage, customizable wallet solutions integrating with various blockchain ecosystems, and seamless 24/7 operations through plug-and-play APIs. Over 15 fiat currencies are supported, providing flexibility for traders worldwide.

    CURRENC will also provide Coin Cove with an AI call center and compliance solutions designed to address common electronic banking challenges such as customer onboarding or “KYC,” real-time customer support, transaction inquiries, price volatility, liquidity management, and fraud detection. Unlike traditional electronic banking platforms, which often rely on unmoderated public forums and chat groups for customer support, Coin Cove’s platform will integrate SEAMLESS AI Call Centre Agents to offer 24/7 personalized support, an industry first that will greatly elevate users’ electronic banking experience. Moreover, Coin Cove will leverage CURRENC’s real-time market insight and risk management modules to streamline operations, ensure compliance with regulatory requirements, monitor workflows, maintain KPIs at optimal levels, and improve overall trading efficiency.

    Notably, CURRENC’s collaboration with Coin Cove marks the debut of SEAMLESS AI Lab’s “AI Staff for Hire.” Coin Cove will deploy CURRENC’s pre-built, customizable AI Agents to perform staff training across customer service, operations, compliance, finance, and IT; assist human personnel, and deliver comprehensive reporting, monitoring and performance scoring.

    Recently, CURRENC and Coin Cove held a meeting with the Omani Ministry of Labour to explore the business development potential of deploying CURRENC’s AI Agents to support over 320,000 SMEs in Oman, as well as selected government departments of the Omani Government.

    Looking ahead, CURRENC expects to sign similar agreements with other electronic banking worldwide, empowering them with real-time, AI-driven capabilities and comprehensive platform solutions that address the 24/7 demands of users while ensuring compliance and reliability. CURRENC will also strive to cross-sell its digital remittance services and global airtime transfer services to these new clients so as to create the maximum business synergy.

    “We’re thrilled to see our SEAMLESS AI Lab shaping the future of electronic banking,” said Alex Kong, Founder and Executive Chairman of CURRENC. “Our groundbreaking AI-powered solutions will provide Coin Cove with smarter, faster, and more secure electronic banking transactions as well as real-time market analytics, optimized liquidity and enhanced risk management, setting new benchmarks for operational excellence and security in the global electronic banking market. We will continue pushing the boundaries of AI application as we expand our footprint in the electronic banking industry and beyond, advancing CURRENC’s mission to redefine financial services in the digital age.”

    Hon. Rakesh Rajagopal, Founder and CEO of Coin Cove, commented, “We’re pleased to collaborate with CURRENC to accelerate digitalization in the financial sector. As the first recipient of Oman’s electronic banking license granted under the regulatory oversight of the Central Bank of Oman, Coin Cove is committed to driving digital transformation in the Sultanate and providing a trusted platform for electronic banking. With CURRENC’s support and advanced AI technology, we are set to deliver an exceptionally efficient and secure trading environment, positioning Coin Cove at the forefront of innovation in the evolving market.”

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    About Coin Cove
    Coin Cove is an Omani-registered and licensed entity, operating under the regulatory oversight of the Central Bank of Oman (CBO). As a trusted provider of compliant electronic banking services, Coin Cove integrates advanced AI technologies to deliver secure, efficient, and user-friendly trading solutions. The company enables approved individuals and institutions to seamlessly open accounts, complete rigorous Know-Your-Customer (KYC) and Anti-Money Laundering (AML) onboarding processes, and manage their funds.

    By offering a fully regulated and secure gateway for electronic banking, Coin Cove bridges the gap between traditional finance and the digital economy. Its commitment to compliance, innovation, and customer-centric services underscores its mission to empower users to navigate the global electronic banking market with confidence and trust.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI: LPL Financial Welcomes Oxford Oaks Capital to Linsco Channel

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor Austin Greer, CRPS ®, has joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Oxford Oaks Capital of LPL Financial. He reported serving approximately $600 million in advisory, brokerage and retirement plan assets* and joins LPL from UBS.

    Based in the Linsco office in Franklin, Tenn., Greer originally set out to become a high school English teacher before following his father’s footsteps into financial services. He appreciates the educational component of his role as a financial advisor to help clients understand their investments. Now with more than 17 years of industry experience, Greer focuses on retirement income planning, as well as tax and estate planning for high-net-worth clients, including business owners and doctors.

    Wealth Advisor John Dunahoo has been with the team for more than 11 years and Senior LPL Registered Service Associate Stephanie DePriest joined the firm in 2020, both bringing a wealth of knowledge and a client-first approach to the practice.

    “Our practice is very familial and holistic, with a friendly feel in our communications and approach,” Greer said. “We ask a lot of questions before putting together personalized, strategic financial plans and portfolios designed to help take the stress off our clients. We often tell clients, ‘We love investments, so you don’t have to.’”

    Why they made the move to Linsco by LPL
    Looking for more autonomy, enhanced technology and office efficiencies, the team turned to LPL for the next chapter of its business. They were drawn to the Linsco model, which serves financial advisors seeking the core tenets of independence, including owning their client relationships and having flexibility to run their practice, their way. With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of having support from an experienced branch management team, dedicated marketing consultant and other resources that allow advisors to focus on their clients.

    “LPL’s robust investment in resources and technology was a compelling factor in our decision to make this transition,” Greer said. “We anticipate increased office efficiencies, streamlined operations and enhanced service capabilities. We also appreciate the pro-advisor culture at LPL and the flexibility to build a practice on our terms. Ultimately, aligning with LPL enables us to focus on our core strength—delivering exceptional client service.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Austin, John and Stephanie to the Linsco community. With LPL’s support, more advisors are recognizing the importance of freedom and flexibility as they seek ways to differentiate themselves and enhance the client experience. We look forward to supporting Oxford Oaks Capital for years to come.”

    Related
    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial
    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #714300

    The MIL Network –

  • MIL-OSI: GCM Grosvenor Hires Martin Laguerre as Co-Head of Global Diversified Private Equity

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 27, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor, a global alternative asset management solutions provider, today announced the hiring of Martin Laguerre as Co-Head of Global Diversified Private Equity. Mr. Laguerre brings 25 years of investment experience spanning private equity, capital solutions, and infrastructure, with a strong track record of direct deal execution, portfolio management, and capital allocation across global markets. In his new role, he will serve as co-head alongside Bernard Yancovich, who also leads the firm’s diversified private equity practice.

    Mr. Laguerre most recently served as a Senior Advisor at Warburg Pincus. Prior to Warburg Pincus, he was Global Head of Private Equity and Capital Solutions at Caisse de dépôt et placement du Québec (CDPQ), where he led a global team overseeing a C$55 billion portfolio of private markets investments.

    Mr. Laguerre also held investment and leadership roles at CPP Investments and General Electric. He began his career in investment banking roles with DLJ/Credit Suisse and Lehman Brothers.

    “We are thrilled to welcome Martin to the firm and our investments leadership team,” said Fred Pollock, Chief Investment Officer at GCM Grosvenor. “His deep global alternative investment expertise and understanding of institutional investor priorities will strengthen our private equity platform. Martin’s leadership will play a key role in enhancing our ability to deliver solutions for our clients.”

    At GCM Grosvenor, Mr. Laguerre will focus on enhancing the firm’s three-decade legacy of private equity investing, leveraging the firm’s deep sourcing network. The firm currently has $30 billion of assets under management in private equity.

    “I am eager to join GCM Grosvenor and collaborate with its talented investment team,” said Martin Laguerre. “The firm’s deep expertise in private markets and its commitment to delivering strong investment outcomes for clients make this an exciting opportunity. I look forward to contributing to its continued success.”

    Mr. Laguerre holds a Bachelor of Commerce in Finance and Management Science from McGill University, the Chartered Financial Analyst© designation from the CFA Institute and an MBA in Finance and International Business from the Booth School of Business at the University of Chicago.

    About GCM Grosvenor 

    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. 

    GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com. 

    Media Contact 
    Tom Johnson and Abigail Ruck 
    H/Advisors Abernathy 
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global 
    212-371-5999 

    The MIL Network –

  • MIL-OSI: GeoRedox Announces New Stimulated Geologic Hydrogen Approach and Strategic Partnership with Sage Geosystems

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, March 27, 2025 (GLOBE NEWSWIRE) — GeoRedox Corporation (GeoRedox) announced today it’s launching its Advanced Weathering Enhancement (AWE) technology to produce stimulated geologic hydrogen (SGH) at low-cost and at scale. Additionally, the company announced a new partnership with Sage Geosystems (Sage) to cooperate in the design, construction, and operation of an advanced field demonstration to produce SGH and to collaborate in future production projects. The partnership will include sharing of related technical expertise, data, and resources necessary for project planning and implementation.

    This effort builds on recent progress created by discoveries around the world of sizable deposits of geologic hydrogen that have accumulated in the earth’s crust through naturally occurring processes. Using advanced drilling and subsurface engineering techniques adapted from the oil and gas industry in combination with GeoRedox’s AWE technology, the collaboration with Sage seeks to accelerate those processes in much more widely distributed source rocks. The approach has the potential to enable the production of ultra-low-cost, carbon-free geologic hydrogen close to existing industrial hydrogen markets, and to provide hydrogen at large-scale carbon-free liquid fuel production in the future.

    According to ARPA-E, U.S. Department of Energy, while the supply of naturally accumulating hydrogen, in and of itself, can enhance the U.S. energy economy, reduced iron minerals within the Earth’s crust have the theoretical potential to produce even more hydrogen from reactions within the subsurface. Using stimulated mineralogical processes could yield larger quantities of hydrogen than what are produced naturally. Thus, engineering the production of subsurface hydrogen could yield a substantial source of clean energy.

    “This collaboration brings together unmatched breadth and depth of experience in geoscience and advanced subsurface engineering to make stimulated geologic hydrogen a reality,” said GeoRedox President Robert Stoner. “Our demonstration project will simultaneously validate our geochemical and thermodynamic models and at the same time show that we can deliver commercially compelling outcomes in real-world settings. We expect our hydrogen to compete unsubsidized in the 100-megaton existing global hydrogen market – and that’s just a beginning.”

    “Stimulated geologic hydrogen represents a new use case for the cutting-edge technologies we’ve developed at Sage,” said Cindy Taff, CEO of Sage. “Our work with GeoRedox positions Sage on the ground floor of a new global opportunity that we expect to grow alongside our Pressure Geothermal businesses.”

    GeoRedox’s partnership with Sage to develop stimulated geologic hydrogen signals a significant step forward in the use of subsurface knowledge and resources to create a secure new global energy economy.

    Construction of the field demonstration site is expected to begin in 2026.

    About GeoRedox Corporation
    GeoRedox Corporation is a Boston-based early-stage technology developer founded in 2024 by a group of scientists and engineers at the Massachusetts Institute of Technology (MIT) based in Boston, Massachusetts. It has developed proprietary technology for producing ultralow cost stimulated geologic hydrogen from a wide variety of rocks and formations. For more information, visit www.georedox.com.

    About Sage Geosystems
    Sage Geosystems is a leader in the next-generation geothermal industry, pioneering the use of Pressure Geothermal. Pressure Geothermal leverages both the heat and the pressure of the earth to enable three applications: energy storage, power generation and district heating. Sage is enabling geothermal to be deployable globally. For more information, visit www.sagegeosystems.com

    Contact: 
    Marjorie Bonga
    marjorie@teamsilverline.com

    The MIL Network –

  • MIL-OSI: Altus Group Releases Its 2025 Canadian Cost Guide

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 27, 2025 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group” or the “Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), today released its 2025 Canadian Cost Guide, an annual assessment of real estate development and infrastructure construction hard costs across all asset classes in major Canadian cities.

    For decades, industry professionals have relied on Altus Group’s Cost Guide to enhance the accuracy and predictability of construction cost estimates and evaluate project risks. Leveraging Altus’ insights from over 6,200 development projects spanning over 1.5 million square feet with a collective value exceeding C$521 billion, the Cost Guide covers hard costs of real estate development and infrastructure projects, delivering detailed insights by asset class, city, and on a per-square-foot or per-unit basis. Construction costs are influenced by both global and local economic conditions, market trends and advancements in building materials, practices and methods. The Cost Guide takes these factors into account to provide a resource for initial budgeting or as a benchmark for estimating costs across various regions and building types.

    “The 2025 Canadian Cost Guide shows that cost increases have been leveling off over the past year and are now more in line with general inflation,” said Colin Doran, Head of Development Advisory, Americas at Altus Group. “The big question is whether that stability will hold. With shifting trade policies, upcoming building code changes, and labour negotiations on the horizon, developers are facing a new wave of complexity—and that’s on top of already high construction costs. Staying agile and tapping into real-time data will be key to navigating what’s ahead.”

    “The threat of new tariffs could throw a wrench into the 2025 cost outlook,” added Peter Norman, Vice President and Economic Strategist at Altus Group. “Even if the immediate impact is muted, it’s still a wild card. It really depends on what goods are affected, how long tariffs stick around, and whether there’s any retaliation—all of which could drive costs even higher.”

    A copy of Altus Group’s 2025 Canadian Cost Guide can be downloaded here. To read an article with commentary on the 2025 Cost Guide from our experts, click here.

    The Cost Guide is for informational purposes only; readers are advised to consult with a qualified professional for advice on specific projects.

    About Altus Group

    Altus Group is a leading provider of asset and fund intelligence for commercial real estate. We deliver intelligence as a service to our global client base through a connected platform of industry-leading technology, advanced analytics, and advisory services. Trusted by the largest CRE leaders, our capabilities help commercial real estate investors, developers, lenders, and advisors manage risks and improve performance returns throughout the asset and fund lifecycle. Altus Group is a global company headquartered in Toronto with approximately 1,900 employees across North America, EMEA and Asia Pacific. For more information about Altus (TSX: AIF) please visit altusgroup.com.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Elizabeth Lambe
    Director, Global Communications, Altus Group
    (416) 641-9787
    elizabeth.lambe@altusgroup.com

    The MIL Network –

  • MIL-OSI: Picus Security Named Five-Star Vendor in CRN’s 2025 Partner Program Guide

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, March 27, 2025 (GLOBE NEWSWIRE) — Picus Security, the leading security validation company, today announced it has been honored by CRN®, a brand of The Channel Company, with a Five-Star Award in the 2025 CRN Partner Program Guide. This elite recognition is given to companies that have built their partner programs on the key elements needed to nurture lasting, profitable and successful channel partnerships.

    Picus offers a premier channel program supporting strategic partners worldwide, including many influential global leaders, such as Optiv, Presidio and Guidepoint. The team has built an ecosystem to help partners and their clients succeed by providing a security validation platform that gives organizations a clear picture of their cyber risk based on business context.

    In 2024, Picus Security bolstered its channel program to deliver value to partners and MSSPs. It launched a full-scale partner portal, simplifying access to marketing and training resources, deal registration, and product and pricing information. New partner enablement certifications, training and other certification offerings ensure partners are well-equipped to sell and support Picus solutions. The program also expanded to include flexible licensing options that enable MSSPs to introduce Automated Security Validation Services for customers at various levels of cyber maturity and generate new recurring revenue streams.

    “Security validation is a crucial tool, enabling partners and MSSPs to build comprehensive, effective security programs for customers. By providing rich enablement resources, easy deal registration and marketing support, we’ve made it easy for partners and MSSPs to incorporate our platform and achieve success,” said Ryan Kunker, senior director of channel and alliances at Picus Security. “Earning the coveted five-star rating in our first year of applying validates the investments we’ve made to build a thriving partner ecosystem that is driving substantial company growth.”

    This annual CRN Partner Program Guide is an essential resource for solution providers seeking vendor partner programs that match their business goals and deliver high partner value. For 2025, the CRN research team evaluated vendors based on program requirements and offerings such as partner training and education, pre- and post-sales support, marketing programs and resources, technical support and communication. The feature highlights the dedication these technology vendors have to evolve with solution providers, driving innovation and supporting mutual success.

    Readers can find the 2025 Partner Program Guide in the April 2025 issue of CRN and online at www.CRN.com/PPG. View Picus’s profile and learn more about the Picus partner ecosystem.

    About The Channel Company
    The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

    Follow The Channel Company: X, LinkedIn and Facebook.

    © 2025 The Channel Company, Inc. CRN is a registered trademark of The Channel Company, Inc. All rights reserved.

    About Picus Security 
    Picus Security, the leading security validation company, gives organizations a clear picture of their cyber risk based on business context. Picus transforms security practices by correlating, prioritizing and validating exposures across siloed findings so teams can focus on critical gaps and high-impact fixes. With Picus, security teams can quickly take action with one-click mitigations to stop more threats with less effort. Offering Adversarial Exposure Validation with Breach and Attack Simulation and Automated Penetration Testing working together for greater outcomes Picus delivers award-winning, threat-centric technology that allows teams to pinpoint fixes worth pursuing.

    Follow Picus Security on X and LinkedIn.

    Contact
    Jennifer Tanner
    Look Left Marketing
    picus@lookleftmarketing.com

    The MIL Network –

  • MIL-OSI: CrowdStreet Moves Its Headquarters to New York City with New Office in Manhattan, Signaling Next Phase of Company Growth and Expansion

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — CrowdStreet, the direct-access private market investment platform dedicated to helping members reach their financial ambitions, today announced that it has moved its headquarters to New York City with the opening of its new office in Manhattan. With more than 3,000 square feet in the historic 10 East 40th Street Mercantile Building, the new space marks the company’s official foray into one of the world’s leading financial hubs. The company’s previous headquarters were in Austin, Texas.

    The five-year lease, which begins this month, will enable CrowdStreet’s executive team to expand its business relationships and source new investment opportunities in the financial and business capital of the world. The office expansion will also enable CrowdStreet to host exclusive member-only events, and provide networking events for financial, business and commercial real estate communities.

    “New York City is a dynamic hub for innovation and business growth, and our expansion represents a strategic initiative that marks an important new chapter for the company,” said John Imbriglia, CEO of CrowdStreet. “Our increased footprint will enable us to better serve our members, attract some of the best talent in the world, and strengthen our leadership in providing direct access to private market investment opportunities.”

    The new office comes on the heels of CrowdStreet’s recent executive team expansion, including Chief Executive Officer John Imbriglia, Chief Marketing Officer Rodes Ponzer, and Chief Operating Officer Shaun Mulreed. The growing leadership team will leverage the dedicated space to enhance collaboration, ensure better brand coordination and integration, and provide direct, in-person access to critical leadership.

    Additionally, Chief Financial Officer Genni Combes and General Counsel & Chief Compliance Officer Kristen Howell were recently named to The Financial Technology Report’s Top 50 Women Leaders in Financial Technology of 2024 for their outstanding work in the fintech sector. This honor celebrates their leadership and innovation within the space, further solidifying CrowdStreet’s position at the forefront of the private market industry.

    “Today represents a key milestone in CrowdStreet’s growth strategy. By establishing a presence in one of the world’s most vibrant economic markets, we are well positioned to drive greater innovation, foster stronger partnerships, and fuel greater scale,” said Shaun Mulreed, Chief Operating Officer of CrowdStreet.

    CrowdStreet aims to deliver an industry-leading experience for its members through a seamless and intuitive investor interface. The platform offers tools that ensure members have clear, actionable data to track the financial health and progress of their investments. As of February 2025, the company’s thousands of members have invested billions of dollars through CrowdStreet’s platform, where they have accessed more than 800 investment opportunities.

    About CrowdStreet 

    CrowdStreet empowers its members to reach their financial ambitions through direct-access private market investments. The platform offers a carefully selected marketplace of alternative investment opportunities that have historically only been available to a small group of people. In addition to providing advanced tools, research, and insights to help investors confidently explore these exclusive opportunities, CrowdStreet is also building a member experience rooted in trust and experience – further bridging the gap between investment opportunities and true financial wealth. Learn more at https://www.crowdstreet.com/.

    Media Contact
    LaunchSquad
    crowdstreet@launchsquad.com

    CrowdStreet, Inc. (“CrowdStreet”) offers investment opportunities and financial services on its website. Broker dealer services provided in connection with an investment are offered through CrowdStreet Capital LLC (“CrowdStreet Capital”), a registered broker dealer, Member FINRA/SIPC. Advisory services are offered through CrowdStreet Advisors, LLC (“CrowdStreet Advisors”), a wholly-owned subsidiary of CrowdStreet and a federally registered investment adviser. Investment opportunities available through CrowdStreet are speculative and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. All investors should consider their individual factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.

    The MIL Network –

  • MIL-OSI: TAB Bank Closes $13 Million Lender Finance Facility with Capital Foundry to Fuel Small and Middle-Market Business Growth

    Source: GlobeNewswire (MIL-OSI)

    OGDEN, Utah, March 27, 2025 (GLOBE NEWSWIRE) — TAB Bank closed a $13 million lender finance facility for Capital Foundry, a Pittsburgh-based specialty finance lender that provides a variety of debt and credit products as well as business consulting services to small businesses and middle-market companies. This addition to Capital Foundry resources will enable the firm to expand its lending capabilities and better serve businesses seeking financing to support growth and working capital needs.

    Capital Foundry offers non-dilutive credit and debt solutions for underserved small and middle-market U.S.-based manufacturing, consulting and services industry companies. With expertise across multiple sectors, including a focus on energy services, the firm also offers business consulting services to help management teams achieve their growth, reorganization and capitalization goals.

    “TAB Bank and Capital Foundry share a commitment to supporting businesses that often struggle to access flexible financing solutions traditionally offered by local and regional banks,” said Justin Hatch, Chief Lending Officer at TAB Bank. “We look forward to our working partnership and empowering these businesses with the funding they need to succeed.”

    “Capital Foundry is excited to partner with TAB Bank,” said Neal Shipley, CEO of Capital Foundry. “TAB has exceptional customer service and attention to detail. It was a pleasure to work with their team, and we look forward to a wonderful partnership.”

    TAB Bank provides customized financial solutions to help businesses thrive in competitive markets. With a range of services, including working capital facilities, term loans and equipment financing, TAB Bank delivers bold financial solutions that lift and empower businesses nationwide.

    About TAB Bank
    At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to making financial success accessible to everyone through our innovative banking products. Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 25 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience. 

    For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

    About Capital Foundry
    Capital Foundry addresses the needs of underserved middle-market enterprises operating in a variety of places throughout a typical business cycle. CF has a demonstrated track record of success financing rapidly growing businesses, regardless of the sector, whose principal revenue source is not based in a traditional asset. Primarily, Capital Foundry is focused on receivable based securities, but has taken other assets as collateral and prides itself in providing flexible financing options for its clients. While being industry agnostic, Capital Foundry focuses the majority of its lending practice in the energy, health-care, technology, freight, and other service based industries.

    Contact Information:
    Trevor Morris
    Director of Marketing
    801-624-5172
    trevor.morris@tabbank.com

    The MIL Network –

  • MIL-OSI: Block Advisors by H&R Block to Provide Timely Support for The Home Depot’s Pro Xtra Loyalty Members

    Source: GlobeNewswire (MIL-OSI)

    KANSAS CITY, Mo., March 27, 2025 (GLOBE NEWSWIRE) — Block Advisors by H&R Block and The Home Depot, the world’s largest home improvement retailer, have collaborated for the 2025 tax season to help hardworking Pro customers offload stressful administrative business tasks. This robust collaboration offers significant benefits to Pro Xtra members, such as discounted services, including tax preparation, empowering them to focus on growing their business.

    “Our initiative with The Home Depot helps Pro Xtra members navigate the complexities of running a business, such as taxes and bookkeeping,” says Jamil Khan, Chief Small Business Officer at H&R Block. “Having experts that understand the tax codes relevant to the industry helps Pro Xtra members keep more of their hard-earned money.”

    The service launched earlier this month ahead of the fast-approaching April 15 tax filing deadline. Block Advisors is backed by 70 years of H&R Block expertise and has category-specific knowledge to help Pro Xtra members lower their tax liability. A Block Advisors tax pro can help business owners understand and leverage such deductions and credits as:

    • 45L Tax Credit: This tax credit is available to eligible businesses who build or substantially renovate energy-efficient homes and offers significant tax-time upside.
    • Deductions for equipment and property: With a Section 179 deduction, companies can capture tax savings on some big-ticket expenses like property purchases, office renovations, and necessary equipment.
    • Professional materials deduction: The cost of materials and supplies can be deducted, depending on the timing of the usage. This often applies to things like cleaning supplies, production expenses, and shipping costs.
    • Vehicle and mileage deductions: The costs of driving and maintaining a vehicle for business use can add up fast. Owners can write off many expenses related to the business use of a vehicle.

    As part of the collaboration, Pro Xtra members benefit from a special offer* on Block Advisors tax preparation and year-round services, including:

    • $50 off tax preparation with a Small Business Certified Tax Pro
    • $25 off DIY online tax preparation
    • $25 off business formation services 
    • First month free, plus 10% off bookkeeping and payroll services 

    The Home Depot Pro Xtra members can learn about Block Advisors’ offer at The Home Depot Pro Desks and can also visit www.blockadvisors.com for more information on Block Advisors’ tax preparation and year-round business services.

    *Discounts valid online or at participating Block Advisors or H&R Block U.S. offices. Additional restrictions apply. See The Home Depot Pro Desks for details. Void if transferred and where prohibited. No cash value. OBTP#B13696-BR ©2024 HRB Tax Group, Inc.

    About H&R Block
    H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News.

    The MIL Network –

  • MIL-OSI: CERo Therapeutics Holdings, Inc. Poised to Initiate Enrollment of Phase 1 Trial of CER-1236 in AML Following Positive FDA Review of Manufacturing

    Source: GlobeNewswire (MIL-OSI)

    Company reports acceptance of an abstract at the 2025 American Society of Clinical Oncology (ASCO) conference; Continues to be on track to dose first patient in first half of 2025

    SOUTH SAN FRANSCISCO, Calif., March 27, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces that the Company has received positive review from the U.S. Food and Drug Administration (FDA) on an amendment to its IND around Chemistry, Manufacturing and Controls (CMC), which marks completion of the Company’s final commitment to FDA prior to initiating patient dosing and shortens the manufacturing timeline by about a week. With this completion, the Company is on track to meet its anticipated timeline of dosing initial subjects during the first half of 2025.

    Chris Ehrlich, CERo Therapeutics CEO added, “This is a key completion as we ramp up for initiating our clinical trial of CER-1236. Very often there are additional delays prior to initiating a trial, including manufacturing, chemistry and other follow-on information that FDA may request at the time of or following the clearance of an IND. We have worked diligently to ensure continued progress with the FDA, avoiding additional delays. This is due to our fantastic team and top-notch consultants and partners, including UC Davis, our manufacturing partner, that have been working alongside us on this process. In the meantime, we received acceptance from the American Society of Clinical Oncology (ASCO) of an abstract, which we expect to present at the annual conference in Chicago May 30-June 5. We will provide more updates on that presentation, as well as updating on our program development in the near term.”

    The first-in-human, multi-center, open label, Phase 1/ 1b study is designed to evaluate the safety and preliminary efficacy of CER-1236 in patients with relapsed/refractory measurable residual disease positive acute myeloid leukemia. The two-part study will begin with dose escalation to determine highest tolerated dose and recommended dose for Phase 2, followed by an expansion phase to further evaluate safety and efficacy. Primary outcome measures include incidence of adverse events (AEs) and serious adverse events (SAEs), incidence of dose limited toxicities and estimation of overall response rate (ORR), complete response (CR), composite complete response (cCR), and measurable residual disease (MRD). Secondary outcome measures include pharmacokinetics (PK).

    About CERo Therapeutics Holdings, Inc.

    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2025 for hematological malignancies.

    Forward-Looking Statements

    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the product development and manufacturing of CER-1236, financial position, business strategy and the plans and objectives of management for future operations of CERo the timing and completion of the reverse stock split, and the acceptance and implementation of its proposed plan of compliance with Nasdaq continued listing standards. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on April 2, 2024, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Chris Ehrlich
    Chief Executive Officer
    chris@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network –

  • MIL-OSI: Royalty Pharma Announces Upcoming Investor Day

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — Royalty Pharma plc (Nasdaq: RPRX) today announced that it will host an Investor Day in New York City on Thursday, September 11, 2025, starting at 8:30 a.m. ET. Royalty Pharma senior executives will provide an update on the company’s plans to drive shareholder value creation through leveraging its unique business model and capabilities in the large and growing market for funding biopharma innovation. The meeting will include live question and answer sessions.

    Additional details will follow closer to the event. The live webcast may be accessed from the “Investors” page of the company’s website at https://www.royaltypharma.com/investors/events/. The webcast will also be archived for a minimum of thirty days.

    About Royalty Pharma

    Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and non-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s leading therapies. Royalty Pharma funds innovation in the biopharmaceutical industry both directly and indirectly – directly when it partners with companies to co-fund late-stage clinical trials and new product launches in exchange for future royalties, and indirectly when it acquires existing royalties from the original innovators. Royalty Pharma’s current portfolio includes royalties on more than 35 commercial products, including Vertex’s Trikafta, GSK’s Trelegy, Roche’s Evrysdi, Johnson & Johnson’s Tremfya, Biogen’s Tysabri and Spinraza, AbbVie and Johnson & Johnson’s Imbruvica, Astellas and Pfizer’s Xtandi, Novartis’ Promacta, Pfizer’s Nurtec ODT and Gilead’s Trodelvy, and 15 development-stage product candidates. For more information, visit www.royaltypharma.com.   

    Royalty Pharma Investor Relations and Communications

    +1 (212) 883-6637
    ir@royaltypharma.com

    The MIL Network –

  • MIL-OSI: CURRENC’s SEAMLESS AI Lab Unveils “AI Staff for Hire” Platform

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced the launch of “AI Staff for Hire,” an AI solution developed by the Company’s SEAMLESS AI Lab, offering pre-built, AI-powered Agents tailored to specific business scenarios. With AI-driven automation poised to reshape industries globally, this innovative product positions CURRENC at the forefront of a rapidly expanding market for AI-powered workforce solutions.

    Designed to meet the needs of enterprises across the finance industry, “AI Staff for Hire” automates critical functions such as customer support, debt collection, KYC, compliance, and HR management, empowering businesses to expand their operations without expanding their workforce. Platform users can select from a range of specialized AI Agents for specific tasks, including Internal Trainers, General Managers, KYC Officers, and Customer-Facing Sales Representatives. This flexibility, combined with cost-effective pricing models, allows businesses to scale operations, streamline workflows, and enhance service quality, while also benefiting from 24/7, multi-lingual support to improve global competitiveness.

    Equipped with advanced material digestion, system integration, and key information extraction functionalities, “AI Staff for Hire” Agents provide real-time insights into customer interactions, boosting engagement and enabling more effective lead generation and marketing strategies. They can also improve data accuracy, generate detailed reports, and monitor for critical issues, offering businesses proactive relationship management tools. Internally, CURRENC’s AI Agents can be customized to train staff in customer service, operations, compliance, finance, and IT, and deliver comprehensive reporting, performance scoring and improvement suggestions.

    “‘AI Staff for Hire’ represents a major step forward in CURRENC’s mission to transform global financial services with AI,” said Alex Kong, Founder and Executive Chairman of CURRENC. “Our innovative, cost-effective AI Agents integrate seamlessly into business environments worldwide, enabling enterprises of all sizes and budgets to quickly and efficiently scale their operations while adapting to the demands of the digital economy. Building on the success of our SEAMLESS AI Call Centre Solutions, “AI Staff for Hire” will expand the boundaries of AI application across banking, insurance, human resources, and other sectors. As the market for AI-powered solutions grows, CURRENC remains committed to propelling AI development that will redefine the future of the global financial industry.”

    “AI Staff for Hire” is a key element in CURRENC’s comprehensive AI offering. Other key functions of our AI offering include app development, AI call centre capabilities, AI HR modules, and trading platforms specifically designed for smaller or newly established financial institutions such as eWallets, and banks. With CURRENC’s AI-powered tools, these organizations, often operating in regions with limited technological support, can rapidly launch sophisticated financial services without incurring heavy capex. As its AI offerings gain traction, CURRENC anticipates onboarding new clients in markets such as Oman, Pakistan, Egypt, Indonesia, India, and South America, bridging the digital divide and empowering local fintech ecosystems. Moreover, as CURRENC recruits new clients, there is a great opportunity for cross selling CURRENC’s digital remittance services and global airtime transfer services to the new clients, which could generate significant business synergy between the AI offerings and CURRENC’s existing businesses.

    The future of work is rapidly shifting toward AI Agents and digital clones. McKinsey analysts predict that AI-driven staff could handle up to 70% of white-collar tasks by 2030. Entrepreneurs and small enterprises may evolve into “One-Person Unicorn Companies,” leveraging AI staff to manage entire operations. As the AI-powered agents market is estimated to exceed $4.71 billion in value by 2030, according to MarketsandMarkets, businesses adopting AI workforce solutions today will gain critical competitive advantages.

    About CURRENC Group Inc.
    CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Investor & Media Contact
    CURRENC Group Investor Relations
    Email: investors@currencgroup.com

    The MIL Network –

  • MIL-OSI: Key Information Relating to Full Redemption of Bond DNO04

    Source: GlobeNewswire (MIL-OSI)

    Issuer: DNO ASA

    ISIN of bond loan: NO0011088593

    Original maturity date: 9 September 2026

    New maturity date: 10 April 2025

    Redemption price: 102.3625% (plus accrued but unpaid interests)

    Record date: 8 April 2025

    –

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    –

    DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act, and published in accordance with section 6.2.2 of Euronext Oslo Rule Book II.

    The MIL Network –

  • MIL-OSI: Byrna Technologies to Report Fiscal First Quarter 2025 Financial Results on Thursday, April 10, 2025 at 9:00 a.m. ET

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., March 27, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, will hold a conference call on Thursday, April 10, 2025 at 9:00 a.m. Eastern time to discuss its financial results for the fiscal first quarter ended February 28, 2025. Financial results will be issued in a press release prior to the call.

    Byrna management will host the presentation, followed by a question-and-answer period.

    Date: Thursday, April 10, 2025
    Time: 9:00 a.m. Eastern time
    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Conference ID: 13752594

    Please call the conference telephone number 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

    The conference call will be broadcast live and available for replay here and via the Investor Relations section of Byrna’s website.

    About Byrna Technologies Inc.

    Byrna is a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company’s investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.

    Investor Contact:
    Tom Colton and Alec Wilson
    Gateway Group, Inc.
    949-574-3860
    BYRN@gateway-grp.com

    The MIL Network –

  • MIL-OSI: LIS Technologies Inc. Receives a Non-possessing Facility Clearance from the Nuclear Regulatory Commission Paving a Path for Access to Classified Matter

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, March 27, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that it has received a non-possessing Facility Clearance from the Nuclear Regulatory Commission (NRC). This allows the Company to apply for security clearances for its key employees. The CRISLA technology is a sensitive nuclear technology, and the Company is confident that the DOE will eventually designate the technology as classified restricted data, allowing a path for access to Classified Matter.

    Figure 1 – LIS Technologies Inc. Receives a Non-possessing Facility Clearance from the Nuclear Regulatory Commission (NRC) Paving a Path for Access to Classified Matter. This allows the Company to apply for security clearances for its key employees.

    “LIS Technologies is positioning itself to become a leader in the production of nuclear fuel for civilian nuclear reactors as well as advanced reactors such as SMRs and microreactors” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “Obtaining security clearances for key personnel is a major step towards this goal and will enable the Company to accelerate the deployment of our technology.”

    “The CRISLA technology shows immense potential, and I believe it is only a matter of time before the DOE Office of Classification requires the technology to be protected,” said Christo Liebenberg, CEO of LIS Technologies Inc. “Our proactive approach in obtaining a Facility Clearance and Q-clearances for key personnel will help to position us favorably once the technology becomes Classified. Several design aspects of the CRISLA technology are already being protected as CUI within the Company.”

    LIS Technologies is building on the growing momentum within the United States nuclear energy industry, having been selected in December 2024 as one of six companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Optimized for both Low-Enriched Uranium (LEU) and High-Assay Low-Enriched Uranium (HALEU), it overcomes the limitations of traditional pulsed 16µm CO2 lasers, featuring a streamlined design due to its lower absorption and shorter wavelength at 5.3µm. Demonstrated in the 1980s and 90s, this technology is protected by a patent from the United States Patent and Trademark Office (USPTO). Variations of the technology, as well as further development of the baseline technology, is treated by the Company as “Trade Secret” and as such is protected.

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In Dec 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:
    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
    Follow us on LinkedIn

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Global Radiotherapy Market Expected to Reach $9.62 Billion By 2030 Realizing Growth Due to Technological Advancements

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., March 27, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Industry experts see the global radiotherapy market continuing to grow in the years to come. A recent report from MarketsAndMarkets said that the global radiotherapy market, which was valued at US$6.23 billion in 2022, grew at a robust CAGR of 4.9%, and reached US$7.21 billion in 2024 and is expected to reach an impressive US$9.62 billion by 2030. It said: “During the forecast years, the growth of the market is attributed to the focus on advancements in radiotherapy treatment technology growing patient population, increasing initiatives to promote radiotherapy awareness. Increasing use of particle therapy for cancer treatment among market players are also expected to support the growth of this market during the forecast period.” The report continued: “Technological advancements in radiotherapy methods, increasing cases of cancers, and the growing demand for radiotherapy services are areas of opportunity in this market. Market growth in North America is attributed to the favorable reimbursement scenario and the presence of key market players in the region. Emerging markets such as China, India are offering high growth opportunities for players operating in this market. Radiotherapy is a complex process that involves understanding the principles of medical physics, dosimetry, radiotherapy planning radiobiology, delivery and interaction of radiation therapy with other treatment modalities and the radiation safety.”   Active biotech and pharma companies in the markets this week include Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM), Bristol Myers Squibb (NYSE: BMY), Eli Lilly and Company’s (NYSE: LLY), Novartis AG (NYSE: NVS), AstraZeneca PLC (NASDAQ: AZN).

    MarketsAndMarkets continued: “The development of advanced radiotherapy technologies has, in turn, resulted in an increased complexity of operations. Also, a high level of accuracy is needed at every step of the process to achieve maximum tumor control with minimal risk to normal tissue. The ecosystem market map of the overall radiotherapy market comprises the elements present in this market and defines these elements with a demonstration of the bodies involved. Ecosystem analysis elucidates the interdependencies among various components in the radiotherapy market. At the forefront, product, technology, and the application of radiotherapy analyzers serve as the cornerstones, facilitating consumables used in analysis.”

    Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) Announces Supply Agreement with Eckert & Ziegler for Ac-225 Radioisotope to Support Comprehensive Development Activities – Actinium Pharmaceuticals, Inc. (Actinium or the Company), a pioneer in the development of targeted radiotherapies, recently announced it has entered into an agreement for the supply of Actinium-225 (Ac-225) with Eckert & Ziegler. Under this agreement, Actinium Pharmaceuticals will have access to Eckert & Ziegler’s high-quality Actinium-225 to further develop its lead product Actimab-A as well as additional early and late-stage development candidates for both U.S. and international clinical trials.

    Targeted radiotherapies using Ac-225 have shown great promise in the treatment of cancer. The radioisotope releases powerful alpha particles with high energy and low penetration depth, enabling precise targeting of tumor cells, including hard-to-reach micrometastases, while minimizing effects on surrounding healthy tissue. Actimab-A is an Ac-225 based radiotherapy agent, directed against CD33, a receptor overexpressed in patients with acute myeloid leukemia (AML) and other myeloid indications.

    Sandesh Seth, Chairman and CEO at Actium Pharmaceuticals, Inc. commented: “We believe that targeted radiation therapy with Actinium-225 is one of the most promising approaches for treating patients with myeloid malignancies and solid tumors. As we have highlighted recently, we are advancing our lead targeted radiotherapy Actimab-A into a pivotal Phase 2/3 trial for patients with relapsed or refractory acute myeloid leukemia and in the frontline setting in a Phase 1 trial under our CRADA with the NCI. Additionally, we have launched our Actimab-A solid tumor program to combine with PD-1 checkpoint inhibitors KEYTRUDA and OPDIVO for patients with head and neck squamous carcinoma and non-small cell lung cancer in multiple trials. As a pioneer in the development of target radiotherapies, we have aggressive plans to expand our clinical pipeline to address indications with high unmet needs. With this supply agreement with Eckert & Ziegler, we will have access to reliable and constant supply of Ac-225 to advance our product development both in the U.S. as well as internationally.”

    “We are happy to contribute to the continuous expansion of indications for Actinium-225, which is significantly being advanced by Actinium Pharmaceuticals,” explained Dr. Harald Hasselmann, CEO of Eckert & Ziegler SE. “The progress we have made in our Ac-225 project over the past year marks only the start of our program to address the global shortage of this vital radionuclide.”

    Eckert & Ziegler reliably supplies high-quality Gallium-68, Lutetium-177, Yttrium-90, and Actinium-225 to leading pharmaceutical companies, and research institutions worldwide. With expertise in radioisotope production and global logistics, the company is committed to continuously support the development and delivery of innovative radiopharmaceuticals. CONTINUED… Read this full press release and more news for Actinium Pharmaceuticals at:   https://ir.actiniumpharma.com/press-releases

    Other recent developments in the biotech industry of note include:

    Bristol Myers Squibb (NYSE: BMY) recently announced that the European Commission (EC) has granted approval to Breyanzi® (lisocabtagene maraleucel; liso-cel), a CD19-directed chimeric antigen receptor (CAR) T cell therapy, for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL) after two or more lines of systemic therapy.

    “This additional approval for Breyanzi in FL represents a critical step forward in our mission to deliver on the transformational promise of cell therapy for more patients across Europe,” said Emma Charles, senior vice president, Europe Region, Bristol Myers Squibb. “While significant advancements have been made in the last two decades, there still remains unmet need for patients. Newer treatments for FL, like Breyanzi, have shown impactful results in clinical trials, with the opportunity to deliver lasting results in the routine care setting.”

    New results show Eli Lilly and Company’s (NYSE: LLY) EBGLYSS achieved deep and sustained response for patients with moderate-to-severe atopic dermatitis (eczema) at three years. These findings from the ADjoin long-term extension study will be presented at the American Academy of Dermatology (AAD) Annual Meeting, taking place March 7-11 in Orlando.

    EBGLYSS is an interleukin-13 (IL-13) inhibitor that selectively blocks IL-13 signaling with high binding affinity. The cytokine IL-13 is a primary cytokine in atopic dermatitis, driving the type-2 inflammatory cycle in the skin, leading to skin barrier dysfunction, itch, skin thickening and infection.

    Novartis AG (NYSE: NVS) recently announced that oral Fabhalta® (iptacopan) has received U.S. Food and Drug Administration (FDA) approval for the treatment of adults with C3 glomerulopathy (C3G), to reduce proteinuria, making it the first and only treatment approved for this condition.

    “C3G is a debilitating disease often affecting young people, impacting many aspects of their physical and emotional health, and our previous treatment options came with significant challenges,” said Carla Nester, M.D., M.S.A., F.A.S.N., Professor of Pediatrics-Nephrology at the University of Iowa and Fabhalta APPEAR-C3G Study Co-Investigator. “This approval of Fabhalta is historic for the entire C3G community as now, for the first time, we have a therapy that is believed to treat the underlying cause of the disease, providing the potential for a new standard of care for patients.”

    AstraZeneca PLC (NASDAQ: AZN) – New study results presented at the European Lung Cancer Congress (ELCC) 2025, March 26 to 29, demonstrate the role of AstraZeneca’s TAGRISSO® (osimertinib), as monotherapy and as the backbone for novel combinations, across stages and settings of epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC). Highlights include:

    Myung-Ju Ahn, MD, PhD, Professor of Hemato-Oncology at the Department of Medicine, Samsung Medical Center, Sungkyunkwan University School of Medicine, Seoul, South Korea, said: “A critical goal in treating every patient with lung cancer is to not only extend a patient’s life but also maintain quality of life while on treatment. The continued overall survival trend seen here at ELCC in the unresectable Stage III setting and the promising data for combinations that can address progression in the advanced setting, together reinforce osimertinib as an effective, safe and convenient treatment for patients with EGFR-mutated lung cancer across stages and lines of treatment.”

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    The MIL Network –

  • MIL-OSI: FE International Advises on the Strategic Acquisition of Oscar Hamilton, a Podcasting Services Provider

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — FE International, Inc., the global market leader in middle-market technology mergers and acquisitions (M&A), is pleased to announce the strategic acquisition of Oscar Hamilton, a podcast production service, for an undisclosed amount by a strategic buyer with a background in digital marketing and a rapidly developing portfolio of podcasting services.

    Oscar Hamilton provides a suite of services for podcast production, from scripting, audio engineering, and booking guests to forming a final release strategy. The podcasting services industry is projected to grow from USD 2.84 billion in 2023 to USD 17.59 billion by 2030 at a CAGR of 29.8%. Demand for the medium continues to grow, consistently providing an avenue for businesses to reach greater audiences with niche interests.

    Oscar Hamilton experienced an impressive 45% increase in the year leading up to the acquisition, which noticeably strengthened investor demand and led to its quick acquisition. Both buyer and seller were delighted by the rapid success of the deal, which closed in about 6 weeks.

    The FE team played a hands-on role, working diligently with both buyer and seller to compile previously unavailable data that was critical to the transaction and the business’ valuation. “This helped cement FE’s mission-critical role in the transaction,” said Zack Chudry, Associate at FE International. “These efforts directly contributed to a higher, more precise valuation while saving both buyer and seller hours of time organizing and presenting key metrics.”

    The quick closure was largely driven by the buyer’s immediate interest in the service and his vision for its expansion, which includes diversifying the marketing stack, applying his expertise to drive scale, and expanding Oscar Hamilton’s reach within the digital marketing and podcasting markets.

    Terms of the deal include short-term transitional leadership from the founder as well as the full Oscar Hamilton team of 24 employees. Robust integrity of operations makes the transition process nearly seamless for both parties, allowing the business to keep growing while the founder seeks his next venture.

    “Selling Oscar Hamilton represents a meaningful transition—entrusting my vision and our company’s growth to a partner who shares our ambition, ensuring our exceptional team’s hard work will continue to thrive under new leadership,” said Siimon Sander, CEO of Oscar Hamilton.

    Learn more about the value of the digital marketing industry in the 2025 Industry Report recently published by the firm.

    About FE International

    Founded in 2010, FE International is an award-winning strategic advisor for technology businesses. FE’s team has completed over 1,500 transactions with a combined value of over $50 billion. FE International was named one of The Americas’ Fastest Growing Companies from 2020 to 2024 by the Financial Times and is also a four-time Inc. 5000 company. For more information, visit www.feinternational.com

    About Oscar Hamilton

    Oscar Hamilton helps you succeed with podcasting. For the past 6 years, they have been trusted by Fortune 500 brands, Y Combinator startups and some of the most exciting authors and entrepreneurs with podcasting. They make sure that you get the attention of the people you are trying to reach. For more information, visit www.oscarhamilton.com

    Media Contact:

    Gaj Tanwar
    Marketing Coordinator, FE International
    Email: gaj.tanwar@feinternational.com

    The MIL Network –

  • MIL-OSI United Kingdom: Celebrate VE Day 80 in Plymouth

    Source: City of Plymouth

    Whether you host your own street party, or join us for the festivities on The Hoe, get ready for an unforgettable celebration, as Plymouth marks 80 years since the end of the Second World War in Europe.  

    Join us on Thursday 8 May, on Plymouth Hoe for a day packed with excitement, entertainment, and heartfelt remembrance. Funded by Plymouth City Council, with support from defence company Babcock International Group (Babcock), which owns and operates Devonport Royal Dockyard, VE Day 80 will start at 10.30am with a flag-raising ceremony and a full parade of Standards at the Belvedere, featuring the Royal Navy Guard and ships in the Sound.  

    The festivities will then continue throughout the day with live music on The Hoe, an evening concert, vibrant street party, stalls, and vintage vehicles. With the evening concluding with a Sunset Guard lighting the Plymouth beacon at 8.40pm.  

    Across the country, millions will be dancing, singing, and partying in the streets on Monday 5 May, to celebrate the end of the war. Plymouth City Council is making it easier for local people to join in by suspending road closure fees for street parties. This will hopefully encourage local people to come together with their neighbours to have their own community celebrations. The deadline to apply for a road closure is 11 April.  

    Councillor Sally Haydon, Cabinet Member with responsibility for Events, says: “This will be a fantastic community event to celebrate VE Day 80. It’s a chance for us all to give thanks and remember those who lost their lives during the war, and to reflect on the past.  

    “Plymouth City Council is proud to be organising a day of celebration on The Hoe. And, whilst residents and communities will need to buy their own Victoria sponges, we are happy to wave the cost of road closures, to enable communities to come together to organise their own celebrations.” 

    John Gane, Managing Director of Babcock’s Devonport facility said: “As part of Plymouth’s proud history and an important part of the fabric of the city today, we are pleased to be supporting such a significant event, which provides an excellent opportunity for the local community to come together and mark 80 years since Victory in Europe Day.  Our Armed Forces play an essential role in the defence of our nation and we are proud to continue supporting them as we aim to create a safe and secure world, together. 

    At the event on The Hoe, The Box will also be bringing history to life with amazing archive film clips showing Plymouth during the war years. Watch these fascinating glimpses into the city’s past on the Big Screen, including the King’s secret visit in 1941 and the bomb damage from the Blitz. 

    Brigadier Mike Tanner OBE ADC – Devonport Naval Base Commander, says:  “From a military perspective, I am always in awe of the enormous courage and sacrifice required to achieve that outcome of “Victory in Europe”.  Both those fighting directly and those back here in Plymouth – who kept the Naval Base running, whilst their houses and city were bombed.   

    “Like every service person, I am always proud of my connection to Plymouth.  But as I think of this 80th anniversary I am massively reminded that today we stand on the shoulders of the giants who led before us.” 

    And let’s not forget, the war in the Far East didn’t end until 15 August 1945, when Japan surrendered. On Friday 15 August, the Royal British Legion will lead the nation in honouring and remembering those who fought and died during the War in the Far East with a service marking 80 years since VJ Day (Victory over Japan) at the National Memorial Arboretum. Plymouth will also commemorate this anniversary with a special church service. 

    Dates for the diary  

    Thursday 5 May: Hold your own street party – with the cost of road closures suspended.  Apply here.

    Thursday 8 May: Celebration on Plymouth Hoe  

    • 10.30am: flag raising, standards and ships in the Sound  
    • 11am: live music on The Hoe, street party, stalls, and vintage vehicles  
    • 5.30pm: evening concert  
    • 8.40pm: Sunset Guard lighting the Plymouth beacon  

    Friday 15 August: Special church service to commemorate VJ Day at St Andrews Church. Further details will follow nearer the time.  

    For more information about VE Day 80 in Plymouth, go to: VE Day 80 – Visit Plymouth 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Young musicians delighted to win Aberdeen competition

    Source: Scotland – City of Aberdeen

    Two talented musicians are celebrating success at the Aberdeen finals of the Scottish Young Musicians Competition 2025, held at the Cowdray Hall, earlier this week.

    Violinist Michelle Tse, a pupil at Aberdeen Grammar School, won the Aberdeen City Council Senior Solo Performer of the Year 2025, which was open to city pupils in Year Four to Year Six at Secondary School.

    Michelle will now represent Aberdeen in the finals of the national competition on Sunday 25 May at the prestigious Royal Conservatoire of Scotland in Glasgow.

    Diya Dileep, a saxophonist, from Cults Academy, won the Aberdeen City Council Junior Solo Performer of the Year 2025, for Year Three pupils at Secondary School and below.

    Councillor Martin Greig, Convener of the Education and Children’s Services Committee, said: “Huge congratulations to Michelle and Diya and well done to all the young musicians who participated in the competition.  We have amazing creative talent in our area. It’s great to enjoy the excellent music-making from our local musicians.

    “I’m sure everyone will join me in wishing Michelle all the very best in the final of the Scottish Young Musician competition in Glasgow in May.”

    Following her winning performance Michelle said: “It was truly an exciting evening—thank you to all my teachers, fellow musicians, and the adjudicators. It is my great honour to represent the City of Aberdeen at the finals.”

    The finalists performed before a panel of external judges: Jenna Main, Business Development Manager, Associated Board of the Royal Schools of Music; Craig McDermott, Head teacher, Northfield Academy; and Clara-Jane Maunder, emerging composer and violinist from Aberdeen, who has also composed the city’s official anthem for the forthcoming Tall Ships festival.

    For the third year running, the Council’s Music Service had organised the local competition, in partnership with the Scottish Young Musicians competition, which is open to all young musicians who go to school in Scotland, whatever standard or age.

    120 young musicians in Aberdeen entered the first round of the competition in January 2025.

    The junior event was held on Monday 24 March and the senior event took place on Tuesday 25 March. 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Aberdeen City and Aberdeenshire Archives re-open

    Source: Scotland – City of Aberdeen

    Aberdeen City and Aberdeenshire Archives will re-open to the public for research visits at the Town House on Broad Street on Tuesday 29 April. The Archives have been closed to the public for almost a year to allow the team to carry out a major collection move from Old Aberdeen House to the Town House.  
     
    The collections of Aberdeen City and Aberdeenshire Archives contain a wealth of documents and records dating from the 12th century to the present day, relating to the rich history and heritage of the City of Aberdeen and the three ancient counties of Aberdeen, Banff and Kincardine. A valuable resource for all kinds of research, they range from minutes, registers, accounts, letters and logbooks, to maps, plans and photographs and include:

    • The oldest and most complete collection of burgh records in Scotland, dating back to 1398, which were recognised by UNESCO in 2013 as being of outstanding historical importance to the United Kingdom.

    • Business records including those of the Port of Aberdeen, the Northern Cooperative Society Ltd., and Esslemont and Mackintosh. 
       

    Follow Aberdeen City and Aberdeenshire Archives on Facebook for all the latest news about reopening @aberdeencityandaberdeenshirearchives 

    MIL OSI United Kingdom –

  • MIL-OSI Economics: Lending and Deposit Rates of Scheduled Commercial Banks – March 2025

    Source: Reserve Bank of India

    Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of March 2025 are set out in Tables 1 to 7.

    Highlights:

    Lending Rates:

    • The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.40 per cent in February 2025 (9.32 per cent in January 2025).

    • The WALR on outstanding rupee loans of SCBs declined to 9.80 per cent in February 2025 from 9.87 per cent in January 2025.1

    • 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs declined to 9.00 per cent in March 2025 from 9.05 per cent in February 2025.

    • The share of External Benchmark based Lending Rate (EBLR) linked loans in total outstanding floating rate rupee loans of SCBs was 60.6 per cent at end-December 2024 (59.4 per cent at end-September 2024), while that of MCLR linked loans was 35.9 per cent (36.9 per cent at end-September 2024)1.

    Deposit Rates:

    • The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 6.48 per cent in February 2025 as compared to 6.56 per cent in January 2025.

    • The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs remained unchanged at 7.02 per cent in February 2025.1

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2477

    MIL OSI Economics –

  • MIL-OSI Economics: RBI imposes monetary penalty on The Co-operative Urban Bank Ltd., Paralakhemundi, Odisha

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated March 13, 2025, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on The Co-operative Urban Bank Ltd., Paralakhemundi, Odisha (the bank) for non-compliance with the certain directions issued by RBI on ‘Exposure Norms and Statutory / Other Restrictions- UCBs’ and ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’.This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 and Section 25 of the Credit Information Companies (Regulation) Act, 2005.

    The statutory inspection of the bank was conducted by Reserve Bank of India with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had:

    1. breached prudential inter-bank (gross) and counterparty exposure limits; and

    2. failed to obtain membership of two CICs.

    This action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2478

    MIL OSI Economics –