Category: Business

  • MIL-OSI: OptimizeRx Sets Second Quarter 2025 Conference Call for August 7, 2025, at 4:30 p.m. ET

    Source: GlobeNewswire (MIL-OSI)

    WALTHAM, Mass., July 17, 2025 (GLOBE NEWSWIRE) — OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of healthcare technology solutions helping life sciences companies reach and engage healthcare professionals (HCPs) and patients, will hold a conference call on Thursday, August 7, 2025, at 4:30 p.m. Eastern Time to discuss its results for the second quarter period ended June 30, 2025. The financial results will be issued in a press release prior to the call.

    OptimizeRx management will host the call, followed by a question-and-answer period. Details for the conference call can be found below:

    Please call the conference telephone number or log on to the web access link five minutes prior to the start time.

    A replay of the call will remain available for 12 months via the Investors section of the OptimizeRx website at http://www.optimizerx.com/investors.

    About OptimizeRx

    OptimizeRx is a leading healthcare technology company that’s redefining how life science brands connect with patients and healthcare providers. Our platform combines innovative AI-driven tools like the Dynamic Audience Activation Platform (DAAP) and Micro-Neighborhood Targeting (MNT) to deliver timely, relevant, and hyper-local engagement. By bridging the gap between HCP and DTC strategies, we empower brands to create synchronized marketing solutions that drive faster treatment decisions and improved patient outcomes.

    Our commitment to privacy-safe, patient-centric technology ensures that every interaction is designed to make a meaningful impact, delivering life-changing therapies to the right patients at the right time. Headquartered in Waltham, Massachusetts, OptimizeRx partners with some of the world’s leading pharmaceutical and life sciences companies to transform the healthcare landscape and create a healthier future for all.

    OptimizeRx Contact
    Andy D’Silva, SVP Corporate Finance
    adsilva@optimizerx.com

    Investor Relations Contact
    Steven Halper
    LifeSci Advisors, LLC
    shalper@lifesciadvisors.com

    The MIL Network

  • MIL-OSI: Arq Schedules Second Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    GREENWOOD VILLAGE, Colo., July 17, 2025 (GLOBE NEWSWIRE) — Arq, Inc. (NASDAQ: ARQ) (the “Company” or “Arq”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company will release its second quarter 2025 financial results and file its Quarterly Report on Form 10-Q for the period ended June 30, 2025, after market close on Monday, August 11, 2025. A conference call to discuss the Company’s financial performance is scheduled for Tuesday, August 12, 2025, at 8:30 a.m. Eastern Time.

    The conference call webcast information will be available via the Investor Resources section of Arq’s website at www.arq.com. Interested parties may participate in the conference call by registering at https://www.webcast-eqs.com/Arq_Q2_2025. Alternatively, the live conference call may be accessed by dialing (877) 407-0890 or +1 201-389-0918 and referencing Arq.

    A supplemental investor presentation will be available on the Company’s Investor Resources section of the website prior to the start of the conference call.

    A replay of the event will be made available shortly after the event and accessible via the same webcast link referenced above. Alternatively, the replay may be accessed by dialing (877) 660-6853 or (201) 612-7415 and entering Access ID 13754338. The dial-in replay will expire after August 19, 2025.

    About Arq

    Arq (NASDAQ: ARQ) is a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing our environmental impact. As the only vertically integrated producer of activated carbon products in North America, we deliver a reliable domestic supply of innovative, hard-to-source, high-demand products. We apply our extensive expertise to develop groundbreaking solutions to remove harmful chemicals and pollutants from water, land and air. Learn more at: www.arq.com.

    Source: Arq, Inc.

    Investor Contact:

    Anthony Nathan, Arq
    Marc Silverberg, ICR
    investors@arq.com

    The MIL Network

  • MIL-OSI: Arq Schedules Second Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    GREENWOOD VILLAGE, Colo., July 17, 2025 (GLOBE NEWSWIRE) — Arq, Inc. (NASDAQ: ARQ) (the “Company” or “Arq”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company will release its second quarter 2025 financial results and file its Quarterly Report on Form 10-Q for the period ended June 30, 2025, after market close on Monday, August 11, 2025. A conference call to discuss the Company’s financial performance is scheduled for Tuesday, August 12, 2025, at 8:30 a.m. Eastern Time.

    The conference call webcast information will be available via the Investor Resources section of Arq’s website at www.arq.com. Interested parties may participate in the conference call by registering at https://www.webcast-eqs.com/Arq_Q2_2025. Alternatively, the live conference call may be accessed by dialing (877) 407-0890 or +1 201-389-0918 and referencing Arq.

    A supplemental investor presentation will be available on the Company’s Investor Resources section of the website prior to the start of the conference call.

    A replay of the event will be made available shortly after the event and accessible via the same webcast link referenced above. Alternatively, the replay may be accessed by dialing (877) 660-6853 or (201) 612-7415 and entering Access ID 13754338. The dial-in replay will expire after August 19, 2025.

    About Arq

    Arq (NASDAQ: ARQ) is a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing our environmental impact. As the only vertically integrated producer of activated carbon products in North America, we deliver a reliable domestic supply of innovative, hard-to-source, high-demand products. We apply our extensive expertise to develop groundbreaking solutions to remove harmful chemicals and pollutants from water, land and air. Learn more at: www.arq.com.

    Source: Arq, Inc.

    Investor Contact:

    Anthony Nathan, Arq
    Marc Silverberg, ICR
    investors@arq.com

    The MIL Network

  • MIL-OSI: Stock Yards Bancorp Awarded Raymond James Community Bankers Cup

    Source: GlobeNewswire (MIL-OSI)

    LOUISVILLE, Ky., July 17, 2025 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today announced that it is has been awarded the prestigious Raymond James Community Bankers Cup for its performance in 2024.

    The award recognizes the top 10% of community banks based on various profitability, operational efficiency, and balance sheet metrics. The pool of banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies, with assets between $500 million and $10 billion as of December 31, 2024.

    “We were honored to once again be awarded the 2024 Raymond James Community Bankers Cup. This achievement highlights not only Stock Yards’ strong performance but also our continued commitment to delivering exceptional service to the communities we proudly serve.”

    Stock Yards Bancorp has been awarded the Raymond James Community Bankers Cup a total of 10 times.

    Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $9.00 billion in assets, was incorporated in 1988 as a bank holding company. It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904. The Company’s common shares trade on The NASDAQ Stock Market under the symbol “SYBT.”

    Contact: T. Clay Stinnett
    Executive Vice President,
    Treasurer and Chief Financial Officer
    (502) 625-0890

     

    The MIL Network

  • MIL-OSI Africa: Benin Can Mobilize More Domestic Resources to Drive Inclusive Growth and Equity

    Source: APO


    .

    More inclusive growth path, taxation and spending adapted to vulnerable populations could further accelerate efforts to reduce poverty and inequality, notes the latest edition of the Benin Economic Outlook report.

    The first part of the report, Raising Domestic Revenue Mobilization while Protecting the Poor, analyzes recent economic developments and presents the country’s medium-term prospects. In 2024, Benin’s economic growth reached 7.5%, its highest level since 1990, thanks to the strong performance of the services and industrial sectors. Poverty fell by 2.2 percentage points, from 33.2% in 2023 to 31% in 2024.

    Continued fiscal consolidation helped achieve the West African Economic Monetary Union –WAEMU– fiscal deficit target of 3% in 2024 and reduce the debt, thereby helping to improve the country’s debt profile. Benin is on the verge of integrating into global value chains with the development of the Glo-Djigbé industrial zone (GDIZ). Despite heightened global trade uncertainties and volatile trade relations with neighboring countries, economic growth is projected to average 7.1% over 2025-2027. The dynamism of economic activity added to the moderation in inflation should support a decline in poverty to 22.3% in 2027.

    Continued efforts to mobilize domestic resources and a rebalancing of the composition of debt in favor of domestic debt, in line with medium-term revenue mobilization and debt strategies, should enable Benin to maintain its macroeconomic stability, which is critical for attracting private investment and supporting the ongoing economic transformation.” says Mamadou Tanou Baldé, World Bank Economist and Lead author of the report.

    The second part of the report focuses on domestic revenue mobilization while protecting the poor. The simplification of tax policy and the digitization of tax collection processes have improved the quality of services and secured revenue collection. Revenue mobilization in Benin has steadily increased since 2016 and has demonstrated resilience in the face of various shocks, including border closures with some neighboring countries, the COVID-19 pandemic, the rising cost of living in 2022, and insecurity. Tax revenue, the main driver of revenue growth, increased from 9.2% of GDP in 2016 to 13.2% in 2024, an increase of 4% over the period. Despite this progress, the gap with its peers remains and Benin needs to increase domestic revenue mobilization to finance its development plan. While Benin’s fiscal system reduces inequality by 3 Gini points, an improvement in the fiscal system, including a mix of more targeted taxes and transfers, could lift more than 100,000 people out of poverty each year while continuing to mobilize more resources.

    To improve the situation, Benin should strengthen social safety nets, implement more progressive taxation and increase social spending more targeted at the poorest to improve the redistributive impact of its fiscal policies,” adds Arthur Alik-Lagrange, World Bank Lead Economist and co-author of the report.

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa

  • MIL-OSI Africa: African Development Bank and Partners Launch a $263.8 Million Infrastructure Project to Transform Urban Development in Abia State

    Source: APO

    The African Development Bank (www.AfDB.org), in partnership with the Islamic Development Bank, Nigeria’s Federal Government and the Abia State, has launched the Abia State Integrated Infrastructure Development Project, a transformative $263.8 million initiative to modernize urban infrastructure, enhance mobility, and promote inclusive, climate-resilient development over the next five years.

    The project addresses critical infrastructure gaps in urban transport, erosion control and waste management which have long constrained mobility, public health and economic productivity in the cities of Umuahia and Aba in Abia State.

    The African Development Bank is contributing $115 million to the project, including $100 million from its ADB window and $15 million from the Canada-AfDB Climate Fund (CACF). The Islamic Development Bank is co-financing with $125 million, while the Federal Government of Nigeria is providing $23.8 million in counterpart funding.

    The project will rehabilitate more than 248 kilometers of roads in the cities of Umuahia and Aba, restore two erosion sites, and catalyze private sector investment in solid waste management through public-private partnerships.

    Abia State, like many rapidly growing regions, has faced mounting infrastructure challenges driven by urban expansion, environmental pressures and limited investment over time. Cities such as Umuahia and Aba are contending with aging roads, erosion threats, and strained waste systems. This project signals a decisive shift toward integrated, climate-resilient urban development that supports inclusive growth and long-term sustainability.

    Speaking at the launch, Dr. Alex C. Otti, Governor of Abia State, said the initiative marked a defining moment in the State’s infrastructure renewal agenda: “The fruits of development are richer when supported by partners who believe in your vision. We are focused on raising living standards, expanding access to education and healthcare, and driving economic productivity. Investor confidence is growing, public optimism is rising, and Abia is emerging as a destination of choice for opportunity and impact.”

    The project is expected to generate over 3,000 temporary jobs during the construction phase, with 30 percent reserved for women, and approximately 1,000 permanent jobs during the operational phase. A key feature of the project is its focus on youth employment and skills development: 50 percent of the permanent roles will go to young people, who will be trained through the State Youth Road Maintenance Corps—a cadre of local engineers drawn from all 17 Local Government Areas of Abia State.

    Dr. Akande Oyebola, Assistant Director at the International Economic Relations Department of the Federal Ministry of Finance, reaffirmed the Government’s support: “This initiative represents a significant milestone in our collective effort to drive economic growth, strengthen infrastructure, and improve the quality of life for the people of Abia State.”

    Dr. Abdul Kamara, Director General of the African Development Bank’s Nigeria Country Department, commended the leadership of the federal and state governments. “This project is rooted in partnership, ambition and long-term impact,” he said.  “At its core, this project is about lives, it is about reducing travel time by half, increasing incomes, improving access to schools and hospitals, and creating space for entrepreneurs, particularly women and youth, to thrive.”

    Beyond the physical infrastructure, the project incorporates comprehensive social and environmental safeguards. These include training for women and youth entrepreneurs, resettlement support, HIV/AIDS and STI awareness campaigns, and strengthened systems for procurement and financial management.

    Otumchere Oti, Abia State Commissioner for Works, reaffirmed the State’s commitment to accountable delivery.

    “Today we reassure all stakeholders, our development partners, contractors, communities, and government institutions, that implementation will be guided by diligence, transparency, and accountability. Our monitoring mechanisms are robust, and our resolve is strong. This is a defining moment for Abia State, and we shall rise to it with determination and unity,” he said.

    The African Development Bank will provide technical support, capacity building, and close implementation supervision through its Nigeria Country Department and sector teams.

    The launch of the Abia State Integrated Infrastructure Development Project marks a key milestone in the Bank’s commitment to advancing Nigeria’s development priorities through inclusive, sustainable infrastructure investment.

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Contact:
    Nkiruka Henrietta Ugoh
    Nigeria Country Department
    media@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    Media files

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    MIL OSI Africa

  • MIL-OSI: Arclaim Finance to Launch DeFi Staking Platform on July 15, Solving Liquidity Challenges for Crypto Investors

    Source: GlobeNewswire (MIL-OSI)

    WELLINGTON, New Zealand, July 17, 2025 (GLOBE NEWSWIRE) — The decentralized finance (DeFi) ecosystem evolves rapidly, driven by innovation and the pursuit of liquidity. Staking, a popular method for cryptocurrency users to earn passive income, faces a persistent challenge: limited liquidity and untapped potential of staked assets. Arclaim, a pioneering decentralized staking platform, addresses these issues, offering users an optimized way to maximize earnings through staking. By leveraging advanced smart contracts and a user-centric approach, Arclaim redefines staking in the DeFi space, delivering higher returns, enhanced security, and unparalleled flexibility.

    A New Era for Staking

    Arclaim transforms how users interact with staked assets by combining robust technology with innovative earning mechanisms. Unlike traditional staking platforms, Arclaim not only facilitates high-yield staking but also integrates arbitrage opportunities, enabling users to earn from multiple streams. This dual-earning model, supported by carefully audited smart contracts, positions Arclaim as a leader in the DeFi ecosystem, appealing to both novice and seasoned investors.

    “Arclaim empowers users to unlock the full potential of their crypto assets,” says Josh Smith, spokesperson for Arclaim Finance. “By combining high-APR staking pools with arbitrage opportunities and a 98% profit-sharing model, we prioritize user earnings while ensuring safety and reliability.”

    How Arclaim Works

    Arclaim operates through a seamless, secure, and efficient process designed to optimize user earnings. The platform’s proprietary system follows a structured approach:

    1. Analysis of Staking Pools: Arclaim’s advanced algorithms scan the market to identify staking pools with high Annual Percentage Rates (APR) and strong arbitrage potential, ensuring users access the most lucrative opportunities.
    2. Deployment of Smart Contracts: Once optimal pools are identified, Arclaim deploys robust smart contracts to facilitate staking. These contracts securely lock user funds and efficiently distribute rewards.
    3. Profit Distribution Model: Arclaim distributes 98% of fees and profits back to users, retaining only 2%. This user-centric model maximizes earnings, setting Arclaim apart from competitors.
    4. Earnings Through Arbitrage: Beyond staking rewards, Arclaim’s smart contracts exploit price differences across pools, generating additional profits for users.

    This streamlined process ensures users benefit from high returns, transparency, and ease of use, all while maintaining the highest standards of security.

    Why Arclaim Stands Out

    Arclaim distinguishes itself through innovative features that address the limitations of traditional staking platforms:

    • Higher Returns: By identifying high-APR pools and leveraging arbitrage, Arclaim consistently delivers superior returns compared to other decentralized applications (dApps).
    • User-Centric Profit Model: With 98% of profits returned to users, Arclaim prioritizes community financial growth, unlike platforms that retain significant portions of earnings.
    • Safety and Reliability: Arclaim’s smart contracts undergo rigorous audits to ensure the security of user funds, fostering trust among users worldwide.
    • Optimized Staking Experience: The platform’s intuitive interface simplifies staking, allowing users to monitor earnings and withdraw profits effortlessly.

    These features make Arclaim a transformative solution, combining the best of DeFi innovation with a focus on user empowerment.

    Who Benefits from Arclaim?

    Arclaim caters to a diverse audience, from beginners exploring DeFi to experienced investors seeking advanced opportunities. Whether users aim to earn passive income through staking or capitalize on arbitrage, Arclaim’s user-friendly platform and transparent profit-sharing model make it an ideal choice. With a low entry barrier, users can start staking with minimal investment, democratizing access to high-yield opportunities in the DeFi space.

    The Future of Staking

    As DeFi continues to expand, Arclaim sets a new standard for decentralized staking platforms. By addressing liquidity challenges and maximizing user profits, the platform paves the way for a more efficient and inclusive staking experience. Arclaim’s innovative approach ensures users can optimize their assets while maintaining control and security.

    The platform’s vision extends beyond staking. By integrating arbitrage opportunities and leveraging cutting-edge technology, Arclaim unlocks the full potential of crypto assets. As the DeFi ecosystem grows, Arclaim positions itself as a leader, offering a compelling solution for those seeking to enhance their financial future without compromising on reliability.

    A Bright Future for DeFi Investors

    Arclaim’s combination of safety, reliability, and high earning potential reshapes how users perceive staking. As more individuals explore DeFi, platforms like Arclaim play a pivotal role in empowering users to maximize their crypto investments. With its robust smart contracts, transparent profit model, and user-focused design, Arclaim invites investors to join a revolution in decentralized finance.

    For those looking to earn more from their staked assets, Arclaim offers a secure and innovative platform to achieve financial goals. Whether new to staking or a seasoned investor, Arclaim provides the tools to take control of your crypto portfolio.

    About Arclaim Finance

    Arclaim Finance, based in Wellington, New Zealand, leads the charge in decentralized staking innovation. With a mission to optimize liquidity and earnings for crypto users, Arclaim combines advanced smart contracts with a user-centric profit model to redefine staking in the DeFi ecosystem. Visit arclaim.com to learn more and join the staking revolution.

    Media Contact:
    Josh Smith
    Arclaim Finance
    Email: support@arclaim.com
    Website: https://arclaim.com

    Disclaimer: This press release is provided by Arclaim Finance. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/58de9966-b614-477b-af1f-f9fc6ca02d3c

    The MIL Network

  • MIL-OSI: Arclaim Finance to Launch DeFi Staking Platform on July 15, Solving Liquidity Challenges for Crypto Investors

    Source: GlobeNewswire (MIL-OSI)

    WELLINGTON, New Zealand, July 17, 2025 (GLOBE NEWSWIRE) — The decentralized finance (DeFi) ecosystem evolves rapidly, driven by innovation and the pursuit of liquidity. Staking, a popular method for cryptocurrency users to earn passive income, faces a persistent challenge: limited liquidity and untapped potential of staked assets. Arclaim, a pioneering decentralized staking platform, addresses these issues, offering users an optimized way to maximize earnings through staking. By leveraging advanced smart contracts and a user-centric approach, Arclaim redefines staking in the DeFi space, delivering higher returns, enhanced security, and unparalleled flexibility.

    A New Era for Staking

    Arclaim transforms how users interact with staked assets by combining robust technology with innovative earning mechanisms. Unlike traditional staking platforms, Arclaim not only facilitates high-yield staking but also integrates arbitrage opportunities, enabling users to earn from multiple streams. This dual-earning model, supported by carefully audited smart contracts, positions Arclaim as a leader in the DeFi ecosystem, appealing to both novice and seasoned investors.

    “Arclaim empowers users to unlock the full potential of their crypto assets,” says Josh Smith, spokesperson for Arclaim Finance. “By combining high-APR staking pools with arbitrage opportunities and a 98% profit-sharing model, we prioritize user earnings while ensuring safety and reliability.”

    How Arclaim Works

    Arclaim operates through a seamless, secure, and efficient process designed to optimize user earnings. The platform’s proprietary system follows a structured approach:

    1. Analysis of Staking Pools: Arclaim’s advanced algorithms scan the market to identify staking pools with high Annual Percentage Rates (APR) and strong arbitrage potential, ensuring users access the most lucrative opportunities.
    2. Deployment of Smart Contracts: Once optimal pools are identified, Arclaim deploys robust smart contracts to facilitate staking. These contracts securely lock user funds and efficiently distribute rewards.
    3. Profit Distribution Model: Arclaim distributes 98% of fees and profits back to users, retaining only 2%. This user-centric model maximizes earnings, setting Arclaim apart from competitors.
    4. Earnings Through Arbitrage: Beyond staking rewards, Arclaim’s smart contracts exploit price differences across pools, generating additional profits for users.

    This streamlined process ensures users benefit from high returns, transparency, and ease of use, all while maintaining the highest standards of security.

    Why Arclaim Stands Out

    Arclaim distinguishes itself through innovative features that address the limitations of traditional staking platforms:

    • Higher Returns: By identifying high-APR pools and leveraging arbitrage, Arclaim consistently delivers superior returns compared to other decentralized applications (dApps).
    • User-Centric Profit Model: With 98% of profits returned to users, Arclaim prioritizes community financial growth, unlike platforms that retain significant portions of earnings.
    • Safety and Reliability: Arclaim’s smart contracts undergo rigorous audits to ensure the security of user funds, fostering trust among users worldwide.
    • Optimized Staking Experience: The platform’s intuitive interface simplifies staking, allowing users to monitor earnings and withdraw profits effortlessly.

    These features make Arclaim a transformative solution, combining the best of DeFi innovation with a focus on user empowerment.

    Who Benefits from Arclaim?

    Arclaim caters to a diverse audience, from beginners exploring DeFi to experienced investors seeking advanced opportunities. Whether users aim to earn passive income through staking or capitalize on arbitrage, Arclaim’s user-friendly platform and transparent profit-sharing model make it an ideal choice. With a low entry barrier, users can start staking with minimal investment, democratizing access to high-yield opportunities in the DeFi space.

    The Future of Staking

    As DeFi continues to expand, Arclaim sets a new standard for decentralized staking platforms. By addressing liquidity challenges and maximizing user profits, the platform paves the way for a more efficient and inclusive staking experience. Arclaim’s innovative approach ensures users can optimize their assets while maintaining control and security.

    The platform’s vision extends beyond staking. By integrating arbitrage opportunities and leveraging cutting-edge technology, Arclaim unlocks the full potential of crypto assets. As the DeFi ecosystem grows, Arclaim positions itself as a leader, offering a compelling solution for those seeking to enhance their financial future without compromising on reliability.

    A Bright Future for DeFi Investors

    Arclaim’s combination of safety, reliability, and high earning potential reshapes how users perceive staking. As more individuals explore DeFi, platforms like Arclaim play a pivotal role in empowering users to maximize their crypto investments. With its robust smart contracts, transparent profit model, and user-focused design, Arclaim invites investors to join a revolution in decentralized finance.

    For those looking to earn more from their staked assets, Arclaim offers a secure and innovative platform to achieve financial goals. Whether new to staking or a seasoned investor, Arclaim provides the tools to take control of your crypto portfolio.

    About Arclaim Finance

    Arclaim Finance, based in Wellington, New Zealand, leads the charge in decentralized staking innovation. With a mission to optimize liquidity and earnings for crypto users, Arclaim combines advanced smart contracts with a user-centric profit model to redefine staking in the DeFi ecosystem. Visit arclaim.com to learn more and join the staking revolution.

    Media Contact:
    Josh Smith
    Arclaim Finance
    Email: support@arclaim.com
    Website: https://arclaim.com

    Disclaimer: This press release is provided by Arclaim Finance. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/58de9966-b614-477b-af1f-f9fc6ca02d3c

    The MIL Network

  • MIL-OSI: Morien Announces Strategic Aggregate Partnership

    Source: GlobeNewswire (MIL-OSI)

    HALIFAX, Nova Scotia, July 17, 2025 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company“) (TSX-V:MOX) is pleased to announce that it has entered into a strategic partnership with a large, U.S. based, regional crushed stone (“aggregate”) operator to jointly identify and permit long-life crushed stone opportunities in Atlantic Canada.

    Morien has pursued new relationships leveraging its regional expertise and longstanding relationships across Nova Scotia and Atlantic Canada. This effort is aligned with its commitment to unlocking the potential of Atlantic Canada’s high-quality mineral resources that can serve both domestic and export infrastructure markets.

    This partnership positions Morien to capitalize on Atlantic Canada’s strategic location, deep-water access, and high-quality stone resources to meet rising infrastructure demands in both Canada and the eastern U.S.

    In May 2025, the provincial government of Nova Scotia expanded its support of the mining industry by identifying aggregate as a “Strategic Mineral” under its Critical Minerals Strategy, a commodity that Nova Scotia now deems important for its economy and future development.

    The collaboration has already yielded promising results. One aggregate (granite) project in Nova Scotia has advanced to formal technical and stakeholder engagement with environmental and permitting groundwork now underway. A second aggregate (limestone) project in Newfoundland is currently progressing through due-diligence, including early-stage technical and commercial assessment.

    Under the terms of the strategic partnership agreement, Morien will receive a milestone payment upon the successful permitting of certain designated projects and is entitled to an industry competitive production royalty on future sales over the life of the operation. Morien’s time and expenses associated with each project are reimbursed by its partner. This arrangement is consistent with Morien’s focus on disciplined project selection and its partner-driven business model that maximizes long-term value while maintaining its lean operating model.

    The Company expects to provide further updates as milestones are achieved within this new aggregate initiative.

    About Morien

    Morien is a Nova Scotia based, mining development company created in 2012 to be a vehicle of direct prosperity for Nova Scotians, its largest shareholder group. Led by Nova Scotians, Morien’s primary assets are a royalty on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of aggregate from the permitted Black Point Project, in Guysborough County, Nova Scotia. Morien’s management team exercises ruthless discipline in managing both the assets and liabilities of the Company. The Company’s management and its Board of Directors consider shareholder returns to be paramount over corporate size, number or scale of assets and industry recognition. The Company has 51,292,000 issued and outstanding common shares and a fully diluted position of 53,992,000. Further information is available at www.MorienRes.com.

    Forward-Looking Statements

    Some of the statements in this news release may constitute “forward-looking information” as defined under applicable securities laws. These statements reflect Morien’s current expectations of future revenues and business prospects and opportunities and are based on information currently available to Morien. Morien cautions that actual performance will be affected by a number of factors, many of which are beyond its control, and that future events and results may vary substantially from what Morien currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include risks and uncertainties described in documents filed by Morien with the Canadian securities regulators on SEDAR+ (www.sedarplus.com) from time to time. Morien cautions that its royalty revenue will be based on production by third party property owners and operators who will be responsible for determining the manner and timing for the properties forming part of Morien’s royalty portfolio. These third party owners and operators are also subject to risk factors that could cause actual results to differ materially from those predicted herein including: volatility in financial markets or general economic conditions; capital requirements and the need for additional financing; fluctuations in the rates of exchange for the currencies of Canada and the United States; prices for commodities including coal and aggregate; unanticipated changes in production, mineral reserves and mineral resources, metallurgical recoveries and/or exploration results; changes in regulations and unpredictable political or economic developments; loss of key personnel; labour disputes; and ineffective title to mineral claims or property. There are other business risks and hazards associated with mineral exploration, development and mining. Although Morien believes that the forward-looking information contained herein is based on reasonable assumptions (including assumptions relating to economic, market and political conditions, the Company’s working capital requirements and the accuracy of information supplied by the operators of the properties in which the Company has a royalty interest), readers cannot be assured that actual results will be consistent with such statements. Morien expressly disclaims any intention or obligation to update or revise any forward-looking information in this news release, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws. All dollar values discussed herein are in Canadian dollars. Any financial outlook or future-oriented financial information in this news release, as defined by applicable securities laws, has been approved by management of Morien as of the date of this news release. Such financial outlook or future-oriented financial information is provided for the purpose of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such outlook or information should not be used for purposes other than for which it is disclosed in this news release.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    For more information, please contact:

    Dawson Brisco, President & CEO
    Phone: (902) 403-3149
    dbrisco@MorienRes.com
    or
    John P.A. Budreski, Executive Chairman
    Phone: (416) 930-0914
    www.MorienRes.com

    The MIL Network

  • MIL-OSI: DT Midstream to Announce Second Quarter 2025 Financial Results, Schedules Earnings Call

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, July 17, 2025 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) plans to announce second quarter 2025 financial results before the market opens on Thursday, July 31, 2025.

    DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is 646.968.2525; the passcode is 9881735. International access numbers are available here.

    The webcast will be archived on the DT Midstream website at investor.dtmidstream.com. 

    About DT Midstream

    DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a plan of achieving 30% of its carbon emissions reduction by 2030. For more information, please visit the DT Midstream website at www.dtmidstream.com.

    The MIL Network

  • MIL-Evening Report: Grattan on Friday: New parliament presents traps for Albanese and Ley

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

    Anthony Albanese hasn’t been in any rush to convene the new parliament, which Governor-General Sam Mostyn will open on Tuesday.

    It’s only mildly cynical to observe that governments of both persuasions often seem to regard having pesky members and senators around too much as a hindrance to business. Accountability is all very good in theory – facing it in practice is another matter.

    In this first fortnight of the new parliament, however, much of the attention will be less on the government than on the opposition. Liberal leader Sussan Ley has handled her early weeks without tripping. But her critics hover like crows on the fence in lambing season. Angus Taylor, who narrowly lost the leadership ballot, retains his ambition. The right-wing media wait for Ley’s mistakes.

    Ley will need to maintain a strong grip on her team’s messaging, especially on foreign and defence policy, or the Coalition will open itself to criticism.

    Taylor, now the defence spokesman, attracted attention this week when he went out on a limb on Taiwan, telling the ABC, “we should have a joint commitment with them [the US] to the security of Taiwan”.

    Ley, who says she wants to avoid unrelenting negativity, must choose the Coalition’s targets carefully. It has been presented with some useful fodder with the (inadvertently) leaked Treasury brief to the re-elected government that urged the need for tax rises and spending cuts. This is manna from political heaven because it is on the Coalition’s favoured economic ground, and raises issues for which the government doesn’t have immediate or clear-cut answers.

    As important as Ley’s own performance will be, so will that of shadow treasurer Ted O’Brien. Taylor’s handling of the job last term was a serious weakness for the Coalition.

    Facing a well-prepared and confident counterpart in Jim Chalmers, O’Brien must find his feet quickly. Sensibly, he has hired on his staff an experienced, credible economist, Steven Hamilton, who has been an assistant professor of economics at George Washington University in Washington DC. Hamilton has also been a regular contributor to The Australian Financial Review, so he has a feel for, and contacts in, the financial media.

    The government has a mix of legislation to introduce in this initial fortnight. Albanese promised during the campaign that Labor’s first cab off the rank would be its commitment to cut student debt by 20%. It also foreshadowed early action to cement in penalty rates.

    It didn’t anticipate having to rush in a bill to strip funding from childcare centres that do not meet safety standards. This follows the recent revelations
    of abuse.

    The first parliamentary fortnight comes in the run-up to the government’s August 19–21 productivity roundtable (named by Chalmers the “economic reform roundtable”). With expectations inevitably exploding, observers will be watching closely the dynamics between the treasurer and the prime minister in parliament.

    The two agree that delivering election promises should be the floor, rather than the ceiling, of ambition for the second term. But their degrees of ambition differ. Chalmers fears Albanese’s is limited; the prime minister fears his treasurer’s will overreach. Will Albanese show a restraining hand on the roundtable in the weeks before it?

    As the government wants to emphasise delivery to voters in the early days of the parliament, Chalmers hasn’t rushed to seek the deal he needs with the Greens on his controversial changes to superannuation tax arrangements. The plan is to increase the tax on balances of more than $3 million, and tax the unrealised capital gains.

    The Greens want the $3 million reduced to $2 million and that amount indexed. It’s a fair assumption a compromise will be reached when negotiations occur.

    That will be a relatively easy test for the Greens under their new leader Larissa Waters, who has also said she wants to be constructive while holding the government to account.

    Later on, though, will come harder issues, including whether the Greens will sign up to a new environmental protection authority, stymied by political obstacles last term.

    In general, the Senate will be less complicated for the government in coming months than last term, given the Greens hold the sole balance of power on legislation contested by the opposition.

    That means things are more frustrating for other Senate crossbenchers.

    In his stand on staffing, Albanese is not improving their mood. Pauline Hanson’s One Nation doubled its representation to four senators but has no extra staff. Staff allocation is up to the prime minister, who has once again been arbitrary about how many staff individual Senate crossbenchers receive. This is an unfair and indefensible system – there should be independent, consistent rules.

    ACT senator David Pocock hasn’t lost any staff but he has lost clout, compared with last term when his vote could be crucial and he was able to trade it for concessions from the government. The new numbers deal him and other non-Green crossbenchers out of the game.

    In the House of Representatives, the Teals retain strong representation but, as in the last parliament, they can only exert (limited) influence, not power. For a while early this year, when it looked as if there would be a hung parliament, they were preparing wish lists.

    One new Teal will be sworn in next week, Nicolette Boele, who won the seat of Bradfield from the Liberals. She can’t know, however, whether she will see out her term. The Liberals have challenged the result after she won by just 26 votes. The matter will be decided by the Court of Disputed Returns.

    There are three possible outcomes: the court confirms the result; the result is overturned and the seat awarded to Liberal candidate Gisele Kapterian (who was allowed to vote in the Liberal leadership and supported Ley); or a fresh election is ordered.

    The Liberals are taking some risk with the challenge. If there were a new election, and they lost it, that would be another setback for them and could destabilise Ley’s leadership.

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

    ref. Grattan on Friday: New parliament presents traps for Albanese and Ley – https://theconversation.com/grattan-on-friday-new-parliament-presents-traps-for-albanese-and-ley-261096

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: Tatyana Golikova spoke at government hour in the State Duma.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Tatyana Golikova spoke at the government hour in the State Duma on the topic “On priorities in the implementation of the demographic policy of the Russian Federation.” It was also attended by Minister of Labor and Social Protection Anton Kotyakov, Minister of Health Mikhail Murashko, Minister of Finance Anton Siluanov, Minister of Construction and Housing and Utilities Irek Faizullin and Minister of Culture Olga Lyubimova.

    The Deputy Prime Minister thanked the deputies for choosing the topic of the government hour and the detailed expert discussion. She emphasized that in the course of preparation for the government hour, 128 questions were received, to which written answers were given.

    “Of all the components of demographic development, and today’s discussion has also shown this, increasing the birth rate is the most difficult task. We see, based on accumulated experience, that the birth rate does not directly depend on the amount of funds that we invest in social benefits. Our citizens have become more concerned about their health, and for expectant mothers, accessibility, including transportation, of medical care, a perinatal center, and a medical organization is important. Living standards have changed significantly – in the issue of birth rate, the importance of comfortable housing and sufficient space has increased. And the insufficient development of infrastructure in the regions, its inadequacy to the needs of small children is the main limiting challenge to birth rate. The life cycle is transforming – this is an extension of the period of obtaining an education, the desire to realize oneself in the professional sphere, ensuring career growth and financial independence. All this postpones the birth of a child. Another consequence of this transformation is loneliness. Quite a large number of young people cannot find a partner,” said Tatyana Golikova.

    The Deputy Prime Minister noted that the average age of mothers at birth in Russia is 29. In addition, it is important to correctly assess the factor of the country’s growing urbanization: more than 80% of all births today occur in cities.

    “Indirectly, through the use of maternity capital for education, we see that 70% of recipients in this area choose universities in large cities: Moscow, St. Petersburg, Krasnodar, Kazan. Young people leave their cities and, as a rule, do not return. Thus, the uniform territorial development of the country, the construction of housing, social and engineering infrastructure – these are all key things that need to be developed, and not only in cities, but also in rural areas. The strategy for the spatial development of Russia and its correct construction are of key importance for achieving the indicators set by the President. And of course, this is the work of all executive authorities at both the federal and regional levels, the maximum involvement of employers,” said the Deputy Prime Minister.

    Tatyana Golikova emphasized that demographic issues were discussed in detail at faction meetings and with relevant committees in the run-up to the government hour.

    The first block of questions is housing.

    “There are many support measures in place today. This is the Young Family program, preferential mortgage programs, the validity of which has been extended: family mortgage at 6%, rural mortgage at 3%, Far Eastern or Arctic mortgage at 2%. To help families pay off mortgages, a payment of 450 thousand rubles is provided at the birth of a third or subsequent child. In eight regions of the Far East, its size has been increased to 1 million rubles. Another eight have established a similar measure within the framework of regional programs to increase the birth rate. As a result, there are 16 of them. A separate topic is the development of the preferential rental housing market. Currently, 12 thousand rental apartments are being built in the Far East. In addition, there is the My Private Home initiative, which combines measures to support individual housing construction. The comprehensive rural development program also includes housing construction models in rural areas. It is important for us to jointly assess how all current housing programs are interconnected, how they affect the family, ”said Tatyana Golikova.

    An analysis of the use of maternity capital over the entire period of its existence confirms that housing is the main focus (69%) and more than 67% of funds used for housing, or 3.1 trillion rubles, are directed toward mortgages.

    In addition, the high level of indebtedness of families, both mortgage and consumer loans, becomes an obstacle to the birth rate.

    The second is support for families with many children.

    Today, there are almost 2.8 million large families in Russia. Over the past two years, the number of large families has increased by 17.4%, and the number of children in them has reached 8.9 million.

    As Tatyana Golikova noted, given the importance of this topic, a separate federal project, Large Families, has been formed within the national project Family. It combines federal and regional measures – both those that have proven their effectiveness and those introduced since 2025.

    The Presidential Decree on social support for large families established the permanent status of a large family and defined the concept of a large family for receiving support measures. At the same time, the decree retained the right of regions to expand the category of a large family and also established a recommended list of regional support measures.

    At the federal level, basic guarantees in the sphere of labor relations, early assignment of an insurance pension, vocational training and retraining for parents with many children, and the provision of state benefits in connection with the birth and upbringing of children are enshrined. In 2024, a single benefit covered more than 1.5 million large families raising 5.3 million children.

    “Since 2025, for the first time, a priority procedure for concluding a social contract with large families has been established. More than 25% of social contracts have been concluded with large families. A register of large families has been formed. Since October 1 of last year, an electronic certificate for large families has been launched. 2.2 million certificates have already been issued,” noted Tatyana Golikova.

    As part of the “demographic menu”, which is co-financed from the federal budget, 41 regions with low birth rates have provided additional support measures for large families.

    “The problem remains that when establishing the status of a large family, regions require permanent registration in the region of all family members. This leads to the fact that the father, registered in another region, is not included in the family and, accordingly, in the certificate. And, as a result, he cannot take advantage of not only regional, but also federal support measures – go with children to a museum for free, buy goods or tickets at a discount. This approach must be eliminated. It is important that all regions have a responsible, informal attitude to the topic of supporting large families,” the Deputy Prime Minister emphasized.

    Thirdly, the health of citizens.

    Within the framework of the new national projects “Family” and “Long and Active Life”, an active range of measures in the field of healthcare will be continued.

    “Special attention will be paid to psychological, legal and social assistance to pregnant women, as well as the use of assisted reproductive technologies to treat infertility: 485 thousand IVF cycles will be performed,” said Tatyana Golikova.

    Fourth – strengthening value systems with a focus on strong families and having many children among young people.

    The promotion of family values in the media, literature, through family competitions, forums and festivals such as “Family of the Year”, “It’s Family for Us”, the All-Russian Wedding Festival and a number of others, gives its results, forms traditions, and a respectful attitude towards the family.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Materials for the Government meeting on July 17, 2025.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The following issues are planned to be considered at the meeting:

    1. On the allocation of budgetary allocations to the Ministry of Industry and Trade of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of one-time financial assistance in the form of a subsidy from the federal budget to the budget of the Republic of Tatarstan

    The draft order is aimed at providing financial support for the implementation of the investment project “Complex for the production of large-tonnage LNG compressor units” in the single-industry town of Zelenodolsk.

    2. On the allocation of budgetary allocations to Rosaviatsia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing subsidies from the federal budget to Russian airports

    The draft order is aimed at partial reimbursement of expenses for ordinary activities and interest on credit agreements or loan agreements during the period of introduction of the temporary flight restriction regime to airports in the southern and central parts of Russia for December 2024 – June 2025.

    3. On the allocation of budgetary allocations to the Ministry of Transport of Russia in 2025 from the reserve fund of the Government of the Russian Federation within the framework of the state program of the Russian Federation “Development of the transport system”

    The funds are needed to implement the project “Construction of the Bagaevsky hydroelectric complex on the Don River. Objects of the 2nd stage (main period).”

    4. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing another inter-budget transfer from the federal budget to the budget of the Orenburg Region

    The draft order is aimed at reimbursing the regional budget for the costs incurred in financial support for the implementation of social support measures for citizens whose residential premises were lost and/or damaged as a result of the emergency caused by the spring floods of 2024.

    5. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of a subsidy from the federal budget within the framework of the federal project “Assistance to the development of infrastructure of the constituent entities of the Russian Federation (municipalities)” to the budget of the Saratov region for the purpose of implementing the project “Bank protection of the Volgograd reservoir on the section from the first berth to the solarium “Zaton” city of Saratov (stages 2, 3)”

    The adoption of the draft order will ensure the creation of a full-fledged coastal protection belt and the use of the embankment as a center of public and cultural activity in Saratov.

    6. On the allocation of budgetary appropriations from the reserve fund of the Government of the Russian Federation to the Ministry of Economic Development of Russia in 2025

    The draft order is aimed at providing the Federal Corporation for the Development of Small and Medium-Sized Entrepreneurship joint-stock company with a subsidy from the federal budget for the implementation of projects aimed at developing special economic zones and single-industry municipalities of the Russian Federation (single-industry towns).

    Moscow, July 16, 2025

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Rosneft Improves Well Research Methods

    Translation. Region: Russian Federal

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Specialists from the Ufa scientific institute “Rosneft” have developed and patented the software “EchoTools” – the first domestic software that uses artificial intelligence to determine the liquid level and the speed of sound in the inter-tube space of a well. Using these indicators, oil workers calculate the bottomhole pressure and select the optimal operating mode for the well for maximum productivity.

    The new software interprets, on average, more than 10 thousand readings from wells in two minutes; manually, this would take more than three days.

    Well control solutions recommended by the new digital assistant “EchoTools” thanks to accelerated calculations allow, on average, one additional ton of oil to be extracted per day from one well.

    Development of technological potential is one of the key elements of the Rosneft-2030 strategy. The company prioritizes innovation activities, defining technological leadership as a key factor in competitiveness in the oil market.

    Department of Information and AdvertisingPJSC NK RosneftJuly 17, 2025

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: The Bank of Russia has clarified the criteria for obtaining the status of a qualified investor

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    The income level has been specified as an independent criterion for obtaining the status of a qualified investor: it must be at least 12 million rubles per year over the past 2 years. In combination with other criteria – complicated testing, education or an academic degree – the requirement is reduced to 6 million rubles. Income from the sale of real estate will not be taken into account. Such parameters are defined inindication Bank of Russia, which was registered by the Ministry of Justice.

    According to the educational criterion, instead of the current requirement for higher economic education, a list of specialties and areas of training is established, including in combination with the income or property criterion. Thus, a person can become a qualified investor if he received an education in the specialty “Accounting, Analysis and Audit” or “Taxes and Taxation” and his average annual income is 6 million rubles. International certificates, which are already used as requirements for investment advisers, have been added to the list of certificates taken into account when recognizing an investor as qualified.

    The parameters of the property criterion have not changed: now the minimum amount of assets that a person must own is 12 million rubles, and from January 1, 2026, it will increase to 24 million rubles. But in combination with other criteria, the requirements will be 2 times less – 6 million and 12 million rubles, respectively.

    The regulation will come into force on July 28, 2025.

    Preview photo: Vitalii Vodolazskyi / Shutterstock / Fotodom

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Government meeting (2025, No. 24).

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    1. On the allocation of budgetary allocations to the Ministry of Industry and Trade of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of one-time financial assistance in the form of a subsidy from the federal budget to the budget of the Republic of Tatarstan

    The draft order is aimed at providing financial support for the implementation of the investment project “Complex for the production of large-tonnage LNG compressor units” in the single-industry town of Zelenodolsk.

    2. On the allocation of budgetary allocations to Rosaviatsia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing subsidies from the federal budget to Russian airports

    The draft order is aimed at partial reimbursement of expenses for ordinary activities and interest on credit agreements or loan agreements during the period of introduction of the temporary flight restriction regime to airports in the southern and central parts of Russia for December 2024 – June 2025.

    3. On the allocation of budgetary allocations to the Ministry of Transport of Russia in 2025 from the reserve fund of the Government of the Russian Federation within the framework of the state program of the Russian Federation “Development of the transport system”

    The funds are needed to implement the project “Construction of the Bagaevsky hydroelectric complex on the Don River. Objects of the 2nd stage (main period).”

    4. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing another inter-budget transfer from the federal budget to the budget of the Orenburg Region

    The draft order is aimed at reimbursing the regional budget for the costs incurred in financial support for the implementation of social support measures for citizens whose residential premises were lost and/or damaged as a result of the emergency caused by the spring floods of 2024.

    5. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of a subsidy from the federal budget within the framework of the federal project “Assistance to the development of infrastructure of the constituent entities of the Russian Federation (municipalities)” to the budget of the Saratov region for the purpose of implementing the project “Bank protection of the Volgograd reservoir on the section from the first berth to the solarium “Zaton” city of Saratov (stages 2, 3)”

    The adoption of the draft order will ensure the creation of a full-fledged coastal protection belt and the use of the embankment as a center of public and cultural activity in Saratov.

    6. On the allocation of budgetary appropriations from the reserve fund of the Government of the Russian Federation to the Ministry of Economic Development of Russia in 2025

    The draft order is aimed at providing the Federal Corporation for the Development of Small and Medium-Sized Entrepreneurship joint-stock company with a subsidy from the federal budget for the implementation of projects aimed at developing special economic zones and single-industry municipalities of the Russian Federation (single-industry towns).

    Moscow, July 16, 2025

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: The Bank of Russia is improving approaches to calculating standards.

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    From August 18, 2025, banks will begin calculating capital adequacy standards according to new instructions from the Bank of Russia No. 220-I And No. 221-I.

    The new rules imply the transition of all banks with a universal license to a finalized (more risk-sensitive) approach to calculating capital adequacy standards. The standard approach will be retained for banks with a basic license and non-bank credit institutions.

    Other important changes include:

    — the criteria for classifying borrowers as investment grade have been improved (in particular, a condition has been added for having a credit rating of at least “A”), to which a reduced risk weight is applied;

    — differentiated risk weights have been introduced for loans to subjects and municipalities of Russia depending on the level of credit rating from Russian rating agencies, and in its absence, on the level of debt sustainability as assessed by the Ministry of Finance of Russia (in the future, it is planned to completely switch to credit ratings);

    — risk weights for mortgage loans at the construction stage are equal to those used for mortgages on completed housing, and those, in turn, are calibrated based on default statistics;

    — when calculating macroprudential premiums, a single multiplicative approach will be applied both for banks using approaches to risk assessment based on internal ratings and for other banks;

    — further important steps have been taken to address the problem of credit concentration: firstly, under repo transactions the risk will be considered to be on the issuer of securities accepted as collateral if the borrower’s rating is below “AA”; secondly, banks will be able to transfer the concentration risk from the borrower to a reliable guarantor/surety/issuer of securities accepted as collateral.

    The changes will help to more accurately assess risks, will help to level the playing field for competition, and will also support balanced growth in lending to the economy.

    To make it easier for banks to adapt to the new regulations, some of the innovations will only apply to new loans, that is, those issued after August 18, 2025.

    Preview photo: focal point / Shutterstock / Fotodom

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI: Hyperscale Data Announces Preliminary Q2 2025 Revenue of $25.8 Million, Up 45% Year-over-Year

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 17, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced preliminary revenue of $25.8 million for the second quarter of 2025, a 45% increase compared to $17.8 million in the prior-year period. Preliminary revenue for the six months ended June 30, 2025 totaled $50.8 million. The Company reaffirms the revenue guidance for the full fiscal year ending December 31, 2025 of $125 to $135 million.

    Strategic Business Highlights and Growth Drivers:

    • Accelerating Revenue Momentum – Growth in the second quarter was led by commercial lending and trading activity through Ault Lending, LLC, greater demand for TurnOnGreen, Inc.’s electronic power solutions and improved performance by the hotel assets held by Ault Global Real Estate Equities, Inc.
    • Strengthened Balance Sheet – The Company has reduced debt by over $20 million year-to-date, enhancing liquidity as Hyperscale Data prepares to advance the development of its 617,000 square-foot facility in Michigan that the Company believes will become a premier artificial intelligence (“AI”) data center.
    • High-Margin Software Expansion – Ongoing development of blockchain infrastructure, tokenization platforms and decentralized applications is anticipated to generate recurring, high-margin revenue beginning in late 2025.
    • Scaling Digital Asset Mining Infrastructure – Sentinum, Inc. (“Sentinum”) recently entered a hosting agreement with a Montana-based service provider to expand mining operations and infrastructure access.
    • Fintech Recovery Underway – Fintech platforms rebounded in the second quarter of 2025 after a challenging 2024, with new AI-powered features under development for future lending and trading applications.
    • Reconsolidation of Gresham Worldwide – Gresham Worldwide, Inc. (“Gresham Worldwide”) is expected to emerge from Chapter 11 bankruptcy proceedings as a subsidiary of the Company by October 1, 2025, at which point Hyperscale Data anticipates reconsolidating its financial results. Gresham Worldwide is projected to contribute approximately $10 million of revenue in the fourth quarter of 2025. If the reconsolidation of Gresham Worldwide had occurred on January 1, 2025, on a pro forma basis, a non-GAAP financial measure, this reconsolidation would have been expected to increase the Company’s annualized revenue for 2025 by approximately $40 million.

    Assuming that the anticipated reconsolidation occurs on or before October 1, 2025, Hyperscale Data expects its full-year 2025 GAAP basis revenue guidance to be within the range of $125 million to $135 million. The table below presents a non-GAAP pro forma view of Hyperscale Data’s potential 2025 revenue, assuming Gresham had been consolidated as of January 1, 2025:

    Revenue Guidance Low End High End
    Revenue guidance $ 115,000,000 $ 125,000,000
    Pro forma annualized contribution from Gresham Worldwide   40,000,000   40,000,000
    Pro forma total revenue $ 155,000,000 $ 165,000,000
             

    “This quarter reflects the importance of strategic focus,” said William B. Horne, CEO of Hyperscale Data. “We are growing revenue, reducing debt and building a foundation for scalable, high-margin software to become a core pillar of our business. Gresham Worldwide’s return is expected to significantly enhance our revenue profile going forward.”

    The revenue figures reported are preliminary and unaudited. Final results will be included in the Company’s quarterly report on Form 10-Q for the quarter ended June 20, 2025, which is expected to be filed with the SEC on or before the required deadline.

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

    About Hyperscale Data, Inc.

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

    Hyperscale Data currently expects to divest itself of ACG (the “Divestiture”) on or about December 31, 2025, though there can be no assurance that the Divestiture will be completed during 2025. Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

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

    Forward-Looking Statements

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

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

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

    The MIL Network

  • MIL-OSI: Hyperscale Data Announces Preliminary Q2 2025 Revenue of $25.8 Million, Up 45% Year-over-Year

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 17, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced preliminary revenue of $25.8 million for the second quarter of 2025, a 45% increase compared to $17.8 million in the prior-year period. Preliminary revenue for the six months ended June 30, 2025 totaled $50.8 million. The Company reaffirms the revenue guidance for the full fiscal year ending December 31, 2025 of $125 to $135 million.

    Strategic Business Highlights and Growth Drivers:

    • Accelerating Revenue Momentum – Growth in the second quarter was led by commercial lending and trading activity through Ault Lending, LLC, greater demand for TurnOnGreen, Inc.’s electronic power solutions and improved performance by the hotel assets held by Ault Global Real Estate Equities, Inc.
    • Strengthened Balance Sheet – The Company has reduced debt by over $20 million year-to-date, enhancing liquidity as Hyperscale Data prepares to advance the development of its 617,000 square-foot facility in Michigan that the Company believes will become a premier artificial intelligence (“AI”) data center.
    • High-Margin Software Expansion – Ongoing development of blockchain infrastructure, tokenization platforms and decentralized applications is anticipated to generate recurring, high-margin revenue beginning in late 2025.
    • Scaling Digital Asset Mining Infrastructure – Sentinum, Inc. (“Sentinum”) recently entered a hosting agreement with a Montana-based service provider to expand mining operations and infrastructure access.
    • Fintech Recovery Underway – Fintech platforms rebounded in the second quarter of 2025 after a challenging 2024, with new AI-powered features under development for future lending and trading applications.
    • Reconsolidation of Gresham Worldwide – Gresham Worldwide, Inc. (“Gresham Worldwide”) is expected to emerge from Chapter 11 bankruptcy proceedings as a subsidiary of the Company by October 1, 2025, at which point Hyperscale Data anticipates reconsolidating its financial results. Gresham Worldwide is projected to contribute approximately $10 million of revenue in the fourth quarter of 2025. If the reconsolidation of Gresham Worldwide had occurred on January 1, 2025, on a pro forma basis, a non-GAAP financial measure, this reconsolidation would have been expected to increase the Company’s annualized revenue for 2025 by approximately $40 million.

    Assuming that the anticipated reconsolidation occurs on or before October 1, 2025, Hyperscale Data expects its full-year 2025 GAAP basis revenue guidance to be within the range of $125 million to $135 million. The table below presents a non-GAAP pro forma view of Hyperscale Data’s potential 2025 revenue, assuming Gresham had been consolidated as of January 1, 2025:

    Revenue Guidance Low End High End
    Revenue guidance $ 115,000,000 $ 125,000,000
    Pro forma annualized contribution from Gresham Worldwide   40,000,000   40,000,000
    Pro forma total revenue $ 155,000,000 $ 165,000,000
             

    “This quarter reflects the importance of strategic focus,” said William B. Horne, CEO of Hyperscale Data. “We are growing revenue, reducing debt and building a foundation for scalable, high-margin software to become a core pillar of our business. Gresham Worldwide’s return is expected to significantly enhance our revenue profile going forward.”

    The revenue figures reported are preliminary and unaudited. Final results will be included in the Company’s quarterly report on Form 10-Q for the quarter ended June 20, 2025, which is expected to be filed with the SEC on or before the required deadline.

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

    About Hyperscale Data, Inc.

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

    Hyperscale Data currently expects to divest itself of ACG (the “Divestiture”) on or about December 31, 2025, though there can be no assurance that the Divestiture will be completed during 2025. Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

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

    Forward-Looking Statements

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

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

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

    The MIL Network

  • MIL-OSI: RYVYL Announces Closing of $6.0 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, July 17, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, announced the closing of its previously announced public offering of an aggregate of 15,384,615 shares of common stock (or prefunded warrants in lieu thereof) and warrants to purchase up to 15,384,615 shares of common stock, at a combined public offering price of $0.39 per share and accompanying warrant. The warrants have an exercise price of $0.39 per share, are immediately exercisable upon issuance, and expire on the five-year anniversary of the original issuance date.

    The gross proceeds from the offering, before deducting placement agent fees and other offering expenses, are approximately $6.0 million.

    Maxim Group LLC acted as the sole placement agent in connection with the offering.

    A registration statement on Form S-1 (File No. 333- 284986) was filed with the U.S. Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on July 14, 2025. A final prospectus relating to the offering was filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. The offering was made only by means of a prospectus forming part of the effective registration statement. Electronic copies of the prospectus relating to this offering may also be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, New York 10022, Attention: Syndicate Department, by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction or qualification under the securities laws of any such state or jurisdiction.

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. Factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, among other things statements regarding the completion of the offering and the satisfaction of customary closing conditions related to the offering. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC, including those factors identified as “risk factors” in the preliminary prospectus related to this offering, our most recent Annual Report on Form 10-K, and subsequent Quarterly Reports on Form 10-Q. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:
    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network

  • MIL-OSI: Lantronix Disrupts Industrial Connectivity With the Debut of Its Affordable, Award-Winning 5G Wireless Router Series

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., July 17, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today launched its new NTC-500 Series rugged industrial-grade 5G router, designed to transform the economics of enterprise mobility and connectivity. This NTC-500 Series product launch is a direct result of Lantronix’s acquisition of NetComm Wireless, validating Lantronix’s strategic investment as well as underscoring its global position as a provider of cutting-edge connectivity solutions for enterprise and industrial IoT markets.

    The NTC-500 Series positions Lantronix to capitalize on the accelerating global shift toward wireless industrial infrastructure. With carrier certification, global approvals and a disruptive price point, the NTC-500 Series empowers enterprises to eliminate costly Ethernet infrastructure — potentially thousands of dollars per drop — while retaining the high-speed, low-latency performance traditionally associated with wired networks.

    By addressing key pain points, such as high deployment costs, long installation timelines, limited mobility and the need to support a high density of connected end points, the NTC-500 solution opens new revenue streams across private 5G, edge computing and industrial automation markets. Its flexible, future-ready design supports a wide range of use cases, enabling customers to scale efficiently while reducing total cost of ownership.

    “Lantronix has redefined the economics of industrial 5G mobility and critical connectivity,” said Daniel Quant, head of Industrial IoT Products and Business Line at Lantronix. “The NTC-500 Series delivers a rugged, globally approved and carrier-certified 5G solution at a breakthrough price point, enabling customers to scale digital transformation faster, future-proof their infrastructure investments and significantly reduce operational costs.”

    Private-5G ready, the NTC-500 Series supports the n48-CBRS band, n77 & n78 and more, enabling the rapid digitization of previously stranded or mobile assets. This unlocks new levels of automation, operational agility and productivity across enterprise and industrial segments.

    According to ABI Research’s 1Q 2025 Private Cellular Network Forecasts, the 5G market will grow from $2.7 billion in 2025 to $29 billion by 2030. Private 5G deployments in sectors such as manufacturing and healthcare are accelerating, driven by demand for advanced cellular capabilities in mission- and safety-critical applications.

    Award-Winning 5G Wireless Router

    Lantronix’s NTC-500 5G Series has not only resonated with customers and partners, but it has also earned industry-wide recognition. Lantronix’s innovation was recently honored with the 2025 Industrial IoT Product of the Year Award from IoT Evolution World, a leading authority covering IoT technologies.

    “Lantronix is a worthy recipient of a 2025 Industrial IoT Product of Year Award. Its NTC-500 Series is an outstanding representative of the diverse range of innovation that’s driving the multi-billion-dollar IoT market today. It is my honor to congratulate the Lantronix team for their innovative work and superior contribution to the rapidly evolving IoT industry,” said Rich Tehrani, CEO of TMC, publisher of IoT Evolution World.

    Built for High-Scale, High-Impact Deployments

    Supporting the latest 3GPP Release 16 5G features, the NTC-500 Series includes 5G Non-Standalone (NSA) and 5G Standalone (SA) with 4G-LTE fallback and Dynamic 5G Slicing, which enables complex end-to-end, on-demand quality of service solutions in partnership with leading carrier networks.

    Key Capabilities and Use Cases

    • High-Speed Data Transfer: Ultra-fast 5G data transmission for seamless communication between industrial assets and systems. Use Cases: Machine vision, remote inspections and firmware updates.
    • Low Latency for Real-Time Control: Near-instantaneous data, critical for robotics, AGVs, and security systems. Use Cases: Autonomous robotic arms, AGV coordination access control.
    • Cable-Free Connectivity for Improved Agility: Eliminate potentially thousands of dollars in cable runs, enabling flexible asset deployment. Use Cases: Modular production lines, pop-up logistics hubs, and reconfigurable warehouses.
    • Site-Wide Mobility for High-Density Asset Connectivity: Reliable and deterministic wireless communication across large campuses with many endpoints. Use Cases: Smart factories, AGV and Smart Forklift fleets, outdoor logistics yards.
    • Disruptive Price-Point: Enterprise-grade 5G at a price that expands addressable markets. Use Cases: Retail, QSR, mining, construction and cost-sensitive automation.

    About Lantronix

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

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products and awards. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

    Lantronix Media Contact:
    Gail Kathryn Miller 
    Corporate Marketing & 
    Communications Manager 
    media@lantronix.com 
    949-212-0960 

    Lantronix Analyst and Investor Contact:
    investors@lantronix.com

    The MIL Network

  • MIL-OSI: Lantronix Disrupts Industrial Connectivity With the Debut of Its Affordable, Award-Winning 5G Wireless Router Series

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., July 17, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today launched its new NTC-500 Series rugged industrial-grade 5G router, designed to transform the economics of enterprise mobility and connectivity. This NTC-500 Series product launch is a direct result of Lantronix’s acquisition of NetComm Wireless, validating Lantronix’s strategic investment as well as underscoring its global position as a provider of cutting-edge connectivity solutions for enterprise and industrial IoT markets.

    The NTC-500 Series positions Lantronix to capitalize on the accelerating global shift toward wireless industrial infrastructure. With carrier certification, global approvals and a disruptive price point, the NTC-500 Series empowers enterprises to eliminate costly Ethernet infrastructure — potentially thousands of dollars per drop — while retaining the high-speed, low-latency performance traditionally associated with wired networks.

    By addressing key pain points, such as high deployment costs, long installation timelines, limited mobility and the need to support a high density of connected end points, the NTC-500 solution opens new revenue streams across private 5G, edge computing and industrial automation markets. Its flexible, future-ready design supports a wide range of use cases, enabling customers to scale efficiently while reducing total cost of ownership.

    “Lantronix has redefined the economics of industrial 5G mobility and critical connectivity,” said Daniel Quant, head of Industrial IoT Products and Business Line at Lantronix. “The NTC-500 Series delivers a rugged, globally approved and carrier-certified 5G solution at a breakthrough price point, enabling customers to scale digital transformation faster, future-proof their infrastructure investments and significantly reduce operational costs.”

    Private-5G ready, the NTC-500 Series supports the n48-CBRS band, n77 & n78 and more, enabling the rapid digitization of previously stranded or mobile assets. This unlocks new levels of automation, operational agility and productivity across enterprise and industrial segments.

    According to ABI Research’s 1Q 2025 Private Cellular Network Forecasts, the 5G market will grow from $2.7 billion in 2025 to $29 billion by 2030. Private 5G deployments in sectors such as manufacturing and healthcare are accelerating, driven by demand for advanced cellular capabilities in mission- and safety-critical applications.

    Award-Winning 5G Wireless Router

    Lantronix’s NTC-500 5G Series has not only resonated with customers and partners, but it has also earned industry-wide recognition. Lantronix’s innovation was recently honored with the 2025 Industrial IoT Product of the Year Award from IoT Evolution World, a leading authority covering IoT technologies.

    “Lantronix is a worthy recipient of a 2025 Industrial IoT Product of Year Award. Its NTC-500 Series is an outstanding representative of the diverse range of innovation that’s driving the multi-billion-dollar IoT market today. It is my honor to congratulate the Lantronix team for their innovative work and superior contribution to the rapidly evolving IoT industry,” said Rich Tehrani, CEO of TMC, publisher of IoT Evolution World.

    Built for High-Scale, High-Impact Deployments

    Supporting the latest 3GPP Release 16 5G features, the NTC-500 Series includes 5G Non-Standalone (NSA) and 5G Standalone (SA) with 4G-LTE fallback and Dynamic 5G Slicing, which enables complex end-to-end, on-demand quality of service solutions in partnership with leading carrier networks.

    Key Capabilities and Use Cases

    • High-Speed Data Transfer: Ultra-fast 5G data transmission for seamless communication between industrial assets and systems. Use Cases: Machine vision, remote inspections and firmware updates.
    • Low Latency for Real-Time Control: Near-instantaneous data, critical for robotics, AGVs, and security systems. Use Cases: Autonomous robotic arms, AGV coordination access control.
    • Cable-Free Connectivity for Improved Agility: Eliminate potentially thousands of dollars in cable runs, enabling flexible asset deployment. Use Cases: Modular production lines, pop-up logistics hubs, and reconfigurable warehouses.
    • Site-Wide Mobility for High-Density Asset Connectivity: Reliable and deterministic wireless communication across large campuses with many endpoints. Use Cases: Smart factories, AGV and Smart Forklift fleets, outdoor logistics yards.
    • Disruptive Price-Point: Enterprise-grade 5G at a price that expands addressable markets. Use Cases: Retail, QSR, mining, construction and cost-sensitive automation.

    About Lantronix

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

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products and awards. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

    Lantronix Media Contact:
    Gail Kathryn Miller 
    Corporate Marketing & 
    Communications Manager 
    media@lantronix.com 
    949-212-0960 

    Lantronix Analyst and Investor Contact:
    investors@lantronix.com

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Freelancer Limited to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Freelancer Limited (ASX: FLN; OTCQX: FRLCY), the world’s largest freelancing and crowdsourcing marketplace by number of users and projects, has qualified to trade on the OTCQX® Best Market. Freelancer Limited upgraded to OTCQX from the Pink® market.

    Freelancer Limited begins trading its ADR today on OTCQX under the symbol “FRLCY.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About Freelancer Limited
    Thirteen-time Webby award-winning Freelancer is the world’s largest freelancing and crowdsourcing marketplace by total number of users and projects posted. More than 80 million registered users have posted over 25 million projects and contests to date in over 3,000 areas as diverse as website development, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer owns Escrow.com, the leading provider of secure online payments and online transaction management for consumers and businesses on the Internet with over US$8 billion in transactions secured. Freelancer also owns Loadshift, Australia’s largest heavy haulage freight marketplace with over 800 million kilometres of freight posted since inception. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN and is quoted on OTCQX Market under the ticker FRLCY.

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

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

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

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network

  • MIL-OSI: Morien Receives Notice from Kameron to Explore Sale of Donkin Mine Interest

    Source: GlobeNewswire (MIL-OSI)

    HALIFAX, Nova Scotia, July 17, 2025 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company“) (TSX-V:MOX) reports that it has received notice from Kameron Collieries ULC (“Kameron”), owner and operator of the Donkin Coal Mine (the “Donkin Mine”) in Nova Scotia, of Kameron’s intent to explore a sale of its 100% ownership in the Donkin Mine.

    Under the terms of the Royalty Agreement between Morien and Kameron, Morien holds a 2-4% production royalty on coal sales from the Donkin Mine. This royalty is binding upon Kameron and successor owners of the Donkin Mine and will continue if there is a change in ownership.

    The Company understands that Kameron is in the early stages of initiating the sale process and has not yet entered into any binding sale agreement with a third party. Kameron’s parent company, The Cline Group (“Cline”), has engaged U.S.-based Perella Weinberg Partners to lead the sales process.

    Morien will publish further information on the sale process when it becomes available and as the process advances. There is no assurance that the sale process will result in a completed transaction, nor can Morien provide guidance on timing, transaction terms, or expected outcomes at this stage, or the impact of the sale process or any completed sale on the prospects for the Donkin Mine to restart operations.  

    About Morien

    Morien is a Nova Scotia based, mining development company created in 2012 to be a vehicle of direct prosperity for Nova Scotians, its largest shareholder group. Led by Nova Scotians, Morien’s primary assets are a royalty on the sale of coal from Donkin in Cape Breton, Nova Scotia, and a royalty on the sale of aggregate from the permitted Black Point Project, in Guysborough County, Nova Scotia. Morien’s management team exercises ruthless discipline in managing both the assets and liabilities of the Company. The Company’s management and its Board of Directors consider shareholder returns to be paramount over corporate size, number or scale of assets and industry recognition. The Company has 51,292,000 issued and outstanding common shares and a fully diluted position of 53,992,000. Further information is available at www.MorienRes.com.

    Forward-Looking Statements

    Some of the statements in this news release may constitute “forward-looking information” as defined under applicable securities laws. These statements reflect Morien’s current expectations of future revenues and business prospects and opportunities and are based on information currently available to Morien. Morien cautions that actual performance will be affected by a number of factors, many of which are beyond its control, and that future events and results may vary substantially from what Morien currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include risks and uncertainties described in documents filed by Morien with the Canadian securities regulators on SEDAR+ (www.sedarplus.com) from time to time. Morien cautions that its royalty revenue will be based on production by third party property owners and operators who will be responsible for determining the manner and timing for the properties forming part of Morien’s royalty portfolio. These third party owners and operators are also subject to risk factors that could cause actual results to differ materially from those predicted herein including: volatility in financial markets or general economic conditions; capital requirements and the need for additional financing; fluctuations in the rates of exchange for the currencies of Canada and the United States; prices for commodities including coal and aggregate; unanticipated changes in production, mineral reserves and mineral resources, metallurgical recoveries and/or exploration results; changes in regulations and unpredictable political or economic developments; loss of key personnel; labour disputes; and ineffective title to mineral claims or property. There are other business risks and hazards associated with mineral exploration, development and mining. Although Morien believes that the forward-looking information contained herein is based on reasonable assumptions (including assumptions relating to economic, market and political conditions, the Company’s working capital requirements and the accuracy of information supplied by the operators of the properties in which the Company has a royalty interest), readers cannot be assured that actual results will be consistent with such statements. Morien expressly disclaims any intention or obligation to update or revise any forward-looking information in this news release, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws. All dollar values discussed herein are in Canadian dollars. Any financial outlook or future-oriented financial information in this news release, as defined by applicable securities laws, has been approved by management of Morien as of the date of this news release. Such financial outlook or future-oriented financial information is provided for the purpose of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such outlook or information should not be used for purposes other than for which it is disclosed in this news release.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    For more information, please contact:

    Dawson Brisco, President & CEO
    Phone: (902) 403-3149
    dbrisco@MorienRes.com
    or
    John P.A. Budreski, Executive Chairman
    Phone: (416) 930-0914
    www.MorienRes.com

    The MIL Network

  • MIL-OSI Europe: Smart factories and a cleaner future

    Source: European Investment Bank

    Learnica is part of LTH Castings Group, a Slovenian company that is one of the leading European suppliers to the automotive industry, with clients such as Mercedes-Benz, Bosch, BMW and Continental. Learnica and other companies in the Western Balkans are preparing for new EU fees on carbon emissions, known as the Carbon Border Adjustment Mechanism, which will start in 2026.

    The mechanism is a new tool that puts a carbon price on goods imported into the European Union. The EU goal is to be be carbon neutral by 2050. North Macedonia is not part of the European Union, but its products are used in EU goods and will count toward this new carbon fee. EU firms must track and report emissions that are created by their products inside and outside the European Union. As of January 2026, EU manufacturers will need to purchase certificates to cover these emissions.

    “Achieving carbon neutrality is one of our core strategic goals,” Jovčevska says. “We have embedded this objective into every investment and improvement made in our production processes over the past ten years.”

    Learnica is located in Ohrid, a city known for its rich cultural heritage. The town sits on the edge of Lake Ohrid, one of Europe’s deepest and oldest lakes, which is home to a unique aquatic ecosystem that includes many species highly sensitive to pollution and climate change.

    “We wanted to reduce the negative impact that an industry such as ours can have on the environment, especially given the importance of Ohrid to Macedonians,” Jovčeska says.

    To limit its environmental impact, Learnica uses “green” aluminium made from recycled materials, which takes 95% less energy to produce than aluminium made from primary raw materials. The company has also introduced several other green initiatives, such as producing heat from melting furnaces, installing solar panels to generate electricity, and developing a water-cooling system that purifies and recycles water used in the manufacturing process.

    MIL OSI Europe News

  • MIL-OSI Economics: Samsung in Partnership with Ocule IT Utilise Enterprise Development Bootcamp to Drive Economic Growth & Job Creation

    Source: Samsung

    Samsung is delivering the second phase of the Enterprise Development Bootcamp, while its partner Ocule IT is participating for the first time – providing support and expertise as part of this initiative. This transformative programme designed to prepare small and medium-sized enterprise (SME) participants for investment funding, with the ultimate aim of driving economic growth and job creation.
     
    This Bootcamp which was piloted last year is a critical component of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) and aims to equip entrepreneurs with the essential skills and knowledge needed to meet investor requirements and effectively approach the market. It is designed for aspiring entrepreneurs with experience in the Information and Communication Technology (ICT) field with innovative ideas and, this also includes start-ups and established enterprises aiming to scale or overcome challenges.
     
    This bootcamp is an intensive training programme and focuses on areas that include business management, financial planning and pitching to investors; designed to empower young entrepreneurs, particularly those from underserved communities, with skills and knowledge to launch and grow their businesses. Sponsored by Samsung, this EEIP transformative initiative is prioritising alumni’s from the Ocule IT Electronics Technician/Artisan programme.
     
    This programme is part of Samsung’s broader commitment to foster SME development and digital skills development in South Africa – leveraging local talent and expertise. Importantly, it is closely aligned with the National Development Plan (NDP) and black economic empowerment goals that are designed to transform the country’s economy by empowering Black South Africans – fostering a more equitable and inclusive society.
     
    Sanele Gcumisa, Managing Member of Ocule IT explained: “The launch of this Ocule IT and Samsung Enterprise Development initiative aims to empower entrepreneurs for investment readiness. This structured support seeks to ensure that participants are fully prepared to secure the needed funding to grow their businesses. This initiative underscores Ocule IT and Samsung’s commitment to foster entrepreneurship and drive economic growth by empowering businesses with business tools to become investor-ready.”
     
    This bootcamp focuses on fostering a dynamic and collaborative environment – empowering a diverse range of participants who already have a foundation in the electronics sector, while also enhancing the programme’s relevance and effectiveness. The programme provides training in areas that are relevant to starting and scaling a business, such as business planning, marketing and financial management.
     
    In particular, the structure of the Bootcamp involves a week-long intensive training session with masterclasses and opportunities to pitch business ideas for seed funding. The programme features a comprehensive five-day boot camp which took place the week of 07 – 11 July 2025 and will now be followed by a four-month incubation process that involves intensive mentoring.
     

     
    During this period, participants will work on creating a professional data room – a critical tool that potential funders and investors use to evaluate businesses. Also, this programme will provide a direct financial contribution of R500,000 to support participants in their entrepreneurial journey and take their businesses to the next level.
     
    A highlight of the initiative is the Pitch and Polish session, scheduled for the end of October 2025, where nine out of fifteen participants will have the opportunity to win cash prizes. These top performers are then divided into three categories, each comprising an average of five participants. The top three winners in the various tiers will be selected from each category, resulting in a total of nine winners. Following the Pitch and Polish session, the nine winners will undergo three months of monitoring as they submit their business plans and financials to potential funders and investors.
     
    Nicky Beukes, Samsung South Africa EEIP Project Manager said: “For us at Samsung, this programme’s impact goes beyond mere investment – it is there to offer financial support to Electronics Technician Programme alumni as well as innovative ideas to start a business and those who already have established enterprises but require additional assistance. The Bootcamp offers a comprehensive programme designed to nurture the entrepreneurial spirit of alumni and this, allows participants to gain access to seed funding, mentorship and business development workshops.”
     
    This holistic approach ensures that participants are equipped not only with financial resources but also with the strategic insights and practical skills necessary to succeed in the competitive electronics industry. With this programme, Samsung is able to provide successful entrepreneurs with access to its supply chain, potentially creating further business opportunities.
     
    Gcumisa added: “Because effective public, private partnerships (PPPs) are crucial to both our company and Samsung, we are also in the process of engaging with the KwaZulu-Natal Growth fund and Sefda including other business partners. Also, the plan is to have additional partners presenting in October closer to the Pitch and Polish stage to give final advice. All such activities will occur in the last quarter; however, the final details will be shared in due course. For now, the focus is to ensure that learners are presented with material that they can use to prepare for the Pitch and Polish.”
     
    This valuable initiative aligns with Samsung’s commitment to fostering entrepreneurship, skills development and positive social impact in the country. In essence, the Samsung EEIP ED Bootcamp provides a platform for ICT entrepreneurs to gain the skills, knowledge and support they need to thrive and contribute to the South African economy.
     
    Beukes concluded: “Our commitment to sustainable development in collaboration with Ocule IT ensures that the initiative contributes to long-term positive impacts on the local community. By empowering young entrepreneurs, the programme contributes to local economic participation and creates a more inclusive and innovative society.”

    MIL OSI Economics

  • MIL-OSI Economics: Samsung in Partnership with Ocule IT Utilise Enterprise Development Bootcamp to Drive Economic Growth & Job Creation

    Source: Samsung

    Samsung is delivering the second phase of the Enterprise Development Bootcamp, while its partner Ocule IT is participating for the first time – providing support and expertise as part of this initiative. This transformative programme designed to prepare small and medium-sized enterprise (SME) participants for investment funding, with the ultimate aim of driving economic growth and job creation.
     
    This Bootcamp which was piloted last year is a critical component of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) and aims to equip entrepreneurs with the essential skills and knowledge needed to meet investor requirements and effectively approach the market. It is designed for aspiring entrepreneurs with experience in the Information and Communication Technology (ICT) field with innovative ideas and, this also includes start-ups and established enterprises aiming to scale or overcome challenges.
     
    This bootcamp is an intensive training programme and focuses on areas that include business management, financial planning and pitching to investors; designed to empower young entrepreneurs, particularly those from underserved communities, with skills and knowledge to launch and grow their businesses. Sponsored by Samsung, this EEIP transformative initiative is prioritising alumni’s from the Ocule IT Electronics Technician/Artisan programme.
     
    This programme is part of Samsung’s broader commitment to foster SME development and digital skills development in South Africa – leveraging local talent and expertise. Importantly, it is closely aligned with the National Development Plan (NDP) and black economic empowerment goals that are designed to transform the country’s economy by empowering Black South Africans – fostering a more equitable and inclusive society.
     
    Sanele Gcumisa, Managing Member of Ocule IT explained: “The launch of this Ocule IT and Samsung Enterprise Development initiative aims to empower entrepreneurs for investment readiness. This structured support seeks to ensure that participants are fully prepared to secure the needed funding to grow their businesses. This initiative underscores Ocule IT and Samsung’s commitment to foster entrepreneurship and drive economic growth by empowering businesses with business tools to become investor-ready.”
     
    This bootcamp focuses on fostering a dynamic and collaborative environment – empowering a diverse range of participants who already have a foundation in the electronics sector, while also enhancing the programme’s relevance and effectiveness. The programme provides training in areas that are relevant to starting and scaling a business, such as business planning, marketing and financial management.
     
    In particular, the structure of the Bootcamp involves a week-long intensive training session with masterclasses and opportunities to pitch business ideas for seed funding. The programme features a comprehensive five-day boot camp which took place the week of 07 – 11 July 2025 and will now be followed by a four-month incubation process that involves intensive mentoring.
     

     
    During this period, participants will work on creating a professional data room – a critical tool that potential funders and investors use to evaluate businesses. Also, this programme will provide a direct financial contribution of R500,000 to support participants in their entrepreneurial journey and take their businesses to the next level.
     
    A highlight of the initiative is the Pitch and Polish session, scheduled for the end of October 2025, where nine out of fifteen participants will have the opportunity to win cash prizes. These top performers are then divided into three categories, each comprising an average of five participants. The top three winners in the various tiers will be selected from each category, resulting in a total of nine winners. Following the Pitch and Polish session, the nine winners will undergo three months of monitoring as they submit their business plans and financials to potential funders and investors.
     
    Nicky Beukes, Samsung South Africa EEIP Project Manager said: “For us at Samsung, this programme’s impact goes beyond mere investment – it is there to offer financial support to Electronics Technician Programme alumni as well as innovative ideas to start a business and those who already have established enterprises but require additional assistance. The Bootcamp offers a comprehensive programme designed to nurture the entrepreneurial spirit of alumni and this, allows participants to gain access to seed funding, mentorship and business development workshops.”
     
    This holistic approach ensures that participants are equipped not only with financial resources but also with the strategic insights and practical skills necessary to succeed in the competitive electronics industry. With this programme, Samsung is able to provide successful entrepreneurs with access to its supply chain, potentially creating further business opportunities.
     
    Gcumisa added: “Because effective public, private partnerships (PPPs) are crucial to both our company and Samsung, we are also in the process of engaging with the KwaZulu-Natal Growth fund and Sefda including other business partners. Also, the plan is to have additional partners presenting in October closer to the Pitch and Polish stage to give final advice. All such activities will occur in the last quarter; however, the final details will be shared in due course. For now, the focus is to ensure that learners are presented with material that they can use to prepare for the Pitch and Polish.”
     
    This valuable initiative aligns with Samsung’s commitment to fostering entrepreneurship, skills development and positive social impact in the country. In essence, the Samsung EEIP ED Bootcamp provides a platform for ICT entrepreneurs to gain the skills, knowledge and support they need to thrive and contribute to the South African economy.
     
    Beukes concluded: “Our commitment to sustainable development in collaboration with Ocule IT ensures that the initiative contributes to long-term positive impacts on the local community. By empowering young entrepreneurs, the programme contributes to local economic participation and creates a more inclusive and innovative society.”

    MIL OSI Economics

  • MIL-OSI Video: Ninth annual conference of the European Systemic Risk Board

    Source: European Central Bank (video statements)

    https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html

    https://www.youtube.com/watch?v=Uo5si6V31_Q

    MIL OSI Video

  • MIL-OSI Africa: States announce several measures to halt the Gaza genocide at Bogotá conference

    Source: Government of South Africa

    States announce several measures to halt the Gaza genocide at Bogotá conference

    In a significant multilateral initiative, a coalition of countries from various regions has agreed on six coordinated diplomatic, legal and economic measures aimed at restraining Israel’s actions in the occupied Palestinian territories and upholding international law.

    The Emergency Conference of The Hague Group, jointly organised by the governments of Colombia and South Africa as co-chairs, brought together 30 nations from Africa, Asia, Europe, North America, and South America. 

    “In the deliberations at the Bogotá conference, all 30 participating States unanimously agreed that the era of impunity must end – and that international law must be enforced without fear or favour through immediate domestic policies and legislation – along with a unified call for an immediate ceasefire,” a joint statement issued at the end of the conference read. 

    To initiate this process, 12 countries from around the world – Bolivia, Colombia, Cuba, Indonesia, Iraq, Libya, Malaysia, Namibia, Nicaragua, Oman, Saint Vincent and the Grenadines, and South Africa – convened in Bogotá, Colombia, for two days. 

    READ | Israel’s disregard for ICJ rulings undermines global governance, says Dangor

    The countries committed to immediately implement six measures through their domestic legal and administrative systems. 

    The leaders have scheduled a meeting for 20 September, coinciding with the 80th United Nations General Assembly, to invite more countries to join this initiative. Consultations with governments worldwide are currently underway.

    The countries have since announced several measures to be adopted based on the States’ domestic legal and legislative frameworks. This includes a ban on arms shipments to Israel, a prohibition on ships transporting such arms, and a review of public contracts to identify any links to companies benefiting from the Israeli occupation. 

    In addition, the group supports “universal jurisdiction mandates”, which would enable States or international bodies to prosecute serious international crimes, regardless of where they occurred.

    “These 12 States have taken a momentous step forward,” said UN Special Rapporteur on human rights in the occupied Palestinian territory, Francesca Albanese. 

    “The clock is now ticking for States – from Europe to the Arab world and beyond – to join them.”

    The conference agreed to set a deadline for States’ final decisions by September 2025, in line with the 12-month timeframe mandated by United Nations General Assembly Resolution A/RES/ES-10/24, adopted on 18 September 2024.

    That resolution called on all States to take effective action on Israel’s violations of international law, including accountability, sanctions, and cessation of support — within one year of adoption.

    “We came to Bogotá to make history – and we did,” said Colombian President Gustavo Petro. 

    “Together, we have begun the work of ending the era of impunity. These measures show that we will no longer allow international law to be treated as optional, or Palestinian life as disposable.” 

    South Africa’s International Relations and Cooperation Minister, Ronald Lamola, said what they have achieved is a collective affirmation that no State is above the law. 

    “The Hague Group was born to advance international law in an era of impunity. The measures adopted in Bogotá show that we are serious and that coordinated State action is possible,” said Lamola. 

    The Executive Secretary of The Hague Group, Varsha Gandikota-Nellutla, said the conference marks a turning point – not just for Palestine, but for the future of the international system.  

    “For decades, States, particularly in the Global South, have borne the cost of a broken international system. In Bogotá, they came together to reclaim it, not with words, but with actions.” – SAnews.gov.za

    Gabisile

    MIL OSI Africa

  • MIL-OSI: Nano Labs Appoints Dr. Kailong Cai as CEO of Subsidiary Nano bit to Lead Global Crypto Reserve Strategy

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, July 17, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the appointment of Dr. Kailong Cai as the chief executive officer (“CEO”) of its wholly-owned subsidiary, Nano bit HK Limited (“Nano bit”). Dr. Cai will be fully responsible for driving Nano bit’s strategic upgrade and overseeing its global operations. This appointment marks a significant step in the Company’s ongoing evolution into a world-leading, publicly listed cryptocurrency reserve enterprise.

    Dr. Cai is a renowned expert in crypto finance, with a strong academic background and extensive international experience. He holds a Ph.D. in finance with deep and broad background in both Chinese and U.S. financial markets. From 2020 to 2025, Dr. Cai served as a partner at Jasper Crypto Fund. From 2017 to 2018, Dr. Cai served as the chief strategy officer of Huobi Group (currently known as HTX), a global leader in crypto asset trading, as well as CEO of its U.S. subsidiary, where he led the development and execution of the company’s globalization strategy. Prior to that, he worked for approximately 6 years at Deutsche Bank on Wall Street, specializing in financial product innovation, risk management, and technology-driven business optimization. With over a decade of experience in fintech and asset management, Dr. Cai brings a wealth of knowledge to his new role.

    Dr. Cai is a chartered financial analyst (CFA) and financial risk manager (FRM), with deep expertise in fintech, blockchain, and asset management.

    Dr. Jianping Kong, Chairman and CEO of Nano Labs, commented on the appointment, “We believe Dr. Cai’s appointment brings visionary leadership and strong strategic execution capabilities to Nano Labs. Under his guidance, Nano Labs will accelerate its strategic reserves of core crypto assets, refine its asset-liability structure using capital market instruments, and further its global expansion. With Dr. Cai on board, we are more confident in achieving our goal of becoming a leading public cryptocurrency reserve company in Asia with global influence, offering investors efficient and transparent access to crypto asset allocation.”

    Dr. Cai stated: “It is a great honor to take on this role and contribute to Nano Labs’ ambitious strategic vision. I look forward to working with our talented and forward-thinking team to enhance our crypto asset strategies and capitalize on emerging market trends and technological advancements.”

    About Nano Labs Ltd

    Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, Nano Labs has actively positioned itself in the digital assets space, adopting BNB as its primary reserve asset. It has accumulated nearly US$170 million in mainstream digital currencies including BNB and BTC, and established an integrated platform covering multiple business verticals, including HTC solutions and HPC solutions*. For more information, please visit the Company’s website at: ir.nano.cn.

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

    Forward-Looking Statements

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

    For investor inquiries, please contact:

    Nano Labs Ltd
    ir@nano.cn

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

    The MIL Network