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Category: Business

  • MIL-OSI USA: Fischer, Duckworth’s She DRIVES Act Featured on ‘CBS Mornings’

    US Senate News:

    Source: United States Senator for Nebraska Deb Fischer

    Click the image above to watch the CBS Mornings segment.

    Click here to download audio.
    Click here to download video.

    WASHINGTON – U.S. Senators Deb Fischer (R-Neb.) and Tammy Duckworth (D-Ill.) joined ‘CBS Mornings’ to discuss their bipartisan bill, the She Develops Regulations in Vehicle Equality and Safety (She DRIVES) Act.

    The legislation will modernize vehicle safety tests by requiring the use of the most advanced testing devices available—including a female crash test dummy—and updating U.S. crashworthiness testing procedures.

    The bill was introduced in January, passed the Senate Commerce, Science, and Transportation Committee in February, and now awaits full Senate consideration. It is supported by Drive US Forward, Women Drive Too, and the National Safety Council.

    On the She DRIVES Act:

    Fischer: “Whether driving or as passengers, we want to make sure that women are safe when they get in a vehicle.”

    Duckworth:     “We’re taking the next step. And let’s see if we can’t remedy the situation.”

    Fischer: “And make it safer. …”

    Duckworth: “So that all those moms and daughters and sisters and best friends come home.”

     

    Background:

    Multiple studies have shown that women die and are seriously injured at much higher rates than men in crashes. According to data from the National Highway Traffic Safety Administration (NHTSA), 1,300 women die every year who would have otherwise lived if female death and injury rates were comparable to that of males.

    A Government Accountability Office (GAO) report outlined the deficiencies in crash testing program, and NHTSA has missed multiple self-declared deadlines on dummy deployment. While NHTSA has long acknowledged that a family of crash test dummies is needed for accurate crash tests, the agency has yet to deploy dummies or tests that represent females, the elderly, and other vulnerable groups.

    Click here to read the text of the bill.

    MIL OSI USA News –

  • MIL-OSI Security: Delta Airlines Agrees to Pay $8.1M to Settle Alleged False Claims Act Violations Related to Payroll Support Program

    Source: United States Attorneys General

    Delta Air Lines Inc., headquartered in Atlanta, Georgia, has agreed to pay $8,100,000 to resolve allegations that it violated the False Claims Act by awarding compensation to certain corporate officers and employees that exceeded the compensation limits Delta agreed to as part of its participation in the Department of the Treasury’s Payroll Support Program (PSP).

    The PSP was established by Congress in March 2020 under the Coronavirus Aid, Relief and Economic Security Act to provide payroll support to passenger and cargo air carriers and certain contractors for the continuation of payment of employee wages, salaries, and benefits. The program was administered by the Department of Treasury (Treasury), and participating air carriers were required to enter into written agreements with Treasury that imposed certain conditions in exchange for the receipt of PSP funds. Among other program requirements, PSP agreements included limitations on the amount of compensation that PSP participants could pay to certain corporate officers and employees earning annual compensation in excess of $425,000. 

    Delta entered into PSP agreements with Treasury in 2020 and 2021, under which Delta agreed to the PSP compensation limits. The settlement resolves allegations that, between March 2020 and April 2023, Delta awarded compensation to some corporate officers and employees that exceeded the limits set by the PSP agreements. Delta allegedly violated the False Claims Act by inaccurately certifying compliance with PSP requirements in quarterly reports submitted to Treasury, as well as by not notifying Treasury of the breach once it was discovered by Delta, which would have given the government the right to demand the return of funds.

    “The PSP was intended to provide critical assistance to the airline industry during the pandemic,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “The department is committed to holding accountable those who failed to abide by the terms and conditions governing their receipt and use of federal funds.” 

    “When companies accept federal assistance, especially generous pandemic-relief funds like those at issue here, they owe a duty to the American people to respect the conditions placed on those funds,” said U.S. Attorney Theodore S. Hertzberg for the Northern District of Georgia. “We will continue to enforce all available laws to punish the misuse of taxpayers’ money.”

    “Our criminal investigators have been at the center of this investigation as a core part of our responsibility to safeguard the integrity and efficiency of Treasury programs and operations, and we remain steadfast in our determination to hold recipients of public funds to the highest standards,” said Treasury Deputy Inspector General Loren Sciurba.

    The civil settlement includes the resolution of claims brought under the qui tam or whistleblower provisions of the False Claims Act by H. Remidez LLC. Under those provisions, a private party can file an action on behalf of the United States and receive a portion of any recovery. The qui tam case is captioned United States ex rel. H Remidez LLC  v. Delta Air Lines Inc., No. 1-23-cv-01116 (N.D. Ga.). The whistleblower will receive $850,500 in connection with the settlement.

    The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section, and the U.S. Attorney’s Office for the Northern District of Georgia, with assistance from the United States Department of the Treasury, Office of Inspector General.

    The matter was handled by Trial Attorney James Nealon and Assistant U.S. Attorney Anthony DeCinque for the Northern District of Georgia.

    The claims resolved by the settlement are allegations only and there has been no determination of liability. 

    MIL Security OSI –

  • MIL-OSI Security: Delta Airlines Agrees to Pay $8.1M to Settle Alleged False Claims Act Violations Related to Payroll Support Program

    Source: United States Attorneys General

    Delta Air Lines Inc., headquartered in Atlanta, Georgia, has agreed to pay $8,100,000 to resolve allegations that it violated the False Claims Act by awarding compensation to certain corporate officers and employees that exceeded the compensation limits Delta agreed to as part of its participation in the Department of the Treasury’s Payroll Support Program (PSP).

    The PSP was established by Congress in March 2020 under the Coronavirus Aid, Relief and Economic Security Act to provide payroll support to passenger and cargo air carriers and certain contractors for the continuation of payment of employee wages, salaries, and benefits. The program was administered by the Department of Treasury (Treasury), and participating air carriers were required to enter into written agreements with Treasury that imposed certain conditions in exchange for the receipt of PSP funds. Among other program requirements, PSP agreements included limitations on the amount of compensation that PSP participants could pay to certain corporate officers and employees earning annual compensation in excess of $425,000. 

    Delta entered into PSP agreements with Treasury in 2020 and 2021, under which Delta agreed to the PSP compensation limits. The settlement resolves allegations that, between March 2020 and April 2023, Delta awarded compensation to some corporate officers and employees that exceeded the limits set by the PSP agreements. Delta allegedly violated the False Claims Act by inaccurately certifying compliance with PSP requirements in quarterly reports submitted to Treasury, as well as by not notifying Treasury of the breach once it was discovered by Delta, which would have given the government the right to demand the return of funds.

    “The PSP was intended to provide critical assistance to the airline industry during the pandemic,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “The department is committed to holding accountable those who failed to abide by the terms and conditions governing their receipt and use of federal funds.” 

    “When companies accept federal assistance, especially generous pandemic-relief funds like those at issue here, they owe a duty to the American people to respect the conditions placed on those funds,” said U.S. Attorney Theodore S. Hertzberg for the Northern District of Georgia. “We will continue to enforce all available laws to punish the misuse of taxpayers’ money.”

    “Our criminal investigators have been at the center of this investigation as a core part of our responsibility to safeguard the integrity and efficiency of Treasury programs and operations, and we remain steadfast in our determination to hold recipients of public funds to the highest standards,” said Treasury Deputy Inspector General Loren Sciurba.

    The civil settlement includes the resolution of claims brought under the qui tam or whistleblower provisions of the False Claims Act by H. Remidez LLC. Under those provisions, a private party can file an action on behalf of the United States and receive a portion of any recovery. The qui tam case is captioned United States ex rel. H Remidez LLC  v. Delta Air Lines Inc., No. 1-23-cv-01116 (N.D. Ga.). The whistleblower will receive $850,500 in connection with the settlement.

    The resolution obtained in this matter was the result of a coordinated effort between the Justice Department’s Civil Division, Commercial Litigation Branch, Fraud Section, and the U.S. Attorney’s Office for the Northern District of Georgia, with assistance from the United States Department of the Treasury, Office of Inspector General.

    The matter was handled by Trial Attorney James Nealon and Assistant U.S. Attorney Anthony DeCinque for the Northern District of Georgia.

    The claims resolved by the settlement are allegations only and there has been no determination of liability. 

    MIL Security OSI –

  • MIL-OSI Africa: American Tower Corporation (ATC) Nigeria Partners with ProFuturo Foundation to Transform Educational Landscape in Nigeria through Digital Innovation and Technology

    Source: APO

    • The partnership is expected to directly benefit over 5,600 children and educators from 11 schools from three states in the country.
    • This collaboration in Nigeria is a key part of a global partnership between American Tower and ProFuturo Foundation focused on reducing gaps in access, use and quality of educational resources in seven countries in Africa and Latin America.

    ATC Nigeria (www.AmericanTower.com), a leading provider of telecommunications infrastructure, and ProFuturo Foundation, a global initiative for educational innovation through technology, established by the Telefónica Foundation and the “la Caixa” Foundation, are proud to announce their partnership with the Kukah Centre to collaborate under the ProFuturo Program in Nigeria. This collaboration will facilitate the distribution of kits, each one containing a computer, tablets, router, projector, and other essential components, which will enhance digital access and learning opportunities for students.

    Through its Digital Communities program, which provides digitally connected, technology-equipped spaces offering digital literacy and education for youth, financial education and vocational training for adults, and healthcare services, ATC Nigeria believes that this partnership with ProFuturo will reach youths and students across the country.

    The initiative and signing between ATC Nigeria and ProFuturo Foundation, where local authorities were present, underscores the commitment of both organizations to address the educational digital divide. Its goal is to enhance the understanding of vulnerable school contexts to promote innovative teaching practices more effectively and to strengthen the digital transformation of education.

    Pieter Van Der Westhuizen, CEO of ATC Nigeria, praised the initiative, stating: “At ATC Nigeria, we are proud to support this impactful collaboration, which brings digital tools directly into classrooms. Through our collaboration with the ProFuturo Foundation, our Digital Communities program is expanding access to technology and equipping the next generation with the skills they need to thrive in a digital world.”

    Magdalena Brier, General Manager of ProFuturo Foundation, celebrates this agreement that “reinforces the commitment of the two organizations against the digital divide and the education gap. The alliance between ProFuturo Foundation and American Tower is a big step to improve educational opportunities for the most vulnerable. We are very honored with their support for what we have been doing since 2016 and I continually think about each of the teachers, boys and girls who will benefit, because, together, we are going to contribute to transform their lives.”

    Initially focused on 11 schools in three States –Kano, Kebbi and Tarabata– the partnership is expected to directly benefit over 5,600 children and 34 teachers, even in areas with limited connectivity.  By equipping schools with these kits, the initiative aims to bridge educational disparities generated by the digital divide. The kits are designed to enrich the learning experience, support interactive teaching methods, and provide students with access to a wealth of digital educational content.

    Distributed by APO Group on behalf of American Tower Corporation.

    Media Contacts:
    ATC Nigeria:
    Aderonke Adebanjo
    aderonke.adebanjo@americantower.com

    ProFuturo:
    Rafael Cobo
    rafael.cobocobo@telefonica.com
    Mobile: +34 647665488

    About ATC Nigeria:
    ATC Nigeria is a subsidiary of American Tower Corporation, one of the largest global Real Estate Investment Trusts (REITs) and a leading independent owner, operator and developer of multi-tenant communications real estate.

    ATC Nigeria owns and operates over 8,600 telecommunications sites across the country, helping mobile network operators and other telecommunications service providers confidently deliver communications connectivity to consumers throughout Nigeria. For more information, visit: www.AmericanTower.com/en-ng/

    About ProFuturo Foundation:
    ProFuturo Foundation is an initiative of educational innovation with technology launched by Telefónica Foundation and “la Caixa” Foundation to reduce the educational gap in the world by providing quality education to children in vulnerable environments in Latin America, the Caribbean, Africa and Asia. Its intervention model is based on the evidence of impact provided by continuous monitoring processes, studies and evaluations. 

    The ProFuturo program uses innovative teaching methodologies to help teachers and students develop competencies to face the challenges of the 21st century. The program works with other institutions and companies and aims to create a large international network of teachers who teach, learn and share knowledge to achieve, together, a better education in the world. https://ProFuturo.Education/en/

    Media files

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    MIL OSI Africa –

  • MIL-OSI Russia: Just Four Months – Russians Reveal How Long They Are Ready to Live Without a Salary

    Translation. Region: Russian Federal

    Source: Mainfin Bank –

    An important disclaimer is at the bottom of this article.

    How do Russians evaluate the financial “safety cushion”?

    During the survey, 38% of Russians admitted to having no savings – they have no savings, so not receiving a salary in the first month will have a negative impact on their standard of living. The remaining citizens noted that they have a “safety cushion”, savings are enough to live without income:

    13% of Russians – no more than a month; 24% – within two months; another 12% of citizens will be able to hold out for up to six months; 7% of respondents are ready to live on savings for up to a year; only 6% of Russians have savings that will last for a year or more.

    A similar picture was demonstrated by the results of a similar survey conducted a year earlier. Then, 27% of respondents stated that their savings would last up to three months, and 12% – up to six months. The typical portrait of a person with savings was a family man, holding a management position in a large city and having a higher education.

    What has changed in the area of financial literacy among Russians?

    Although almost 40% of Russians do not have savings, the level of economic literacy in the country continues to grow. As the results of the study showed:

    78% of the population control the family budget; 80% of citizens plan income and purchases; about 50% of respondents keep track of their funds.

    “Surveys show that Russians are attentive to money – many plan a budget, control expenses, and keep records,” the expert noted.

    By the way, the literacy level of men is higher than that of women. Representatives of the stronger sex tend to plan expenses for a longer period – from six months: women are more likely to make impulsive purchases. Experts reminded that having a “safety cushion” for 3-6 months is the optimal solution that will allow you to survive a crisis or force majeure.

    12:00 07/15/2025

    Source:

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

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    MIL OSI Russia News –

  • MIL-OSI Africa: United Nations (UN) calls on to stress more control over grain traders

    Source: APO

    The trend towards monopolization of grain trade that exists in the global market today requires the BRICS countries to cooperate in the field of antitrust policy and antitrust legislation. Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre at the Higher School of Economics (www.BRICSCompetition.org), said at the 9th UN Conference on Competition and Consumer Protection in Geneva. 

    “Global companies from the food sector should receive the closest attention from antitrust authorities. We emphasize the importance of ensuring food security and nutrition and mitigating the impacts of acute food price volatility, as well as as abrupt supply crises, including fertilizers shortages. The authority of grain traders is highly similar to that of the organizers of digital ecosystems, the digital giants that have already come under scrutiny by antitrust authorities around the world. Under exceptional circumstances of supply shortages or acute food price spikes affecting a BRICS member, we recognize that cooperation initiatives can facilitate emergency responses and natural disaster management, guided by national priorities and consistent with the World Trade Organization rules. None of these measures should lead to unfair trade practices or violations of international trade norms, as their sole purpose is to support food security and nutrition, including through international solidarity.”, – Ivanov emphasized. 

    “A very telling event has recently taken place – the merger of two major grain traders, Bunge and Viterra. This merger was approved just last week by 31 competition authorities around the world. At the same time, no measures were proposed to limit the influence of these companies on the global value chain – the power that has a huge influence on the global market and the organization of grain trade,” Ivanov said. 

    He noted that regulators in Brazil and China have already raised concerns, such as the issue of price shifting from global to national markets, but no commitments have been established to address these concerns. 

    Anastasia Nesvetailova, Head, Macroeconomic and Development Policies Branch, UNCTAD, emphasized the growing influence of financialization on global food markets. Of particular concern, she noted, is the dominance of the so-called ABCD group — ADM, Bunge, Cargill, and Louis Dreyfus — which effectively controls global agricultural trading. Three of these companies do not disclose sufficient information, rendering the sector highly opaque and poorly regulated. 

    According to Nesvetailova, 70% of transactions on U.S. and European commodity markets today are speculative in nature and disconnected from the real economy. The financial power of commodity traders is increasing, as they evolve into non-bank financial institutions with systemic influence not only on commodity markets but also on global financial stability. Meanwhile, oversight of their operations remains fragmented and ineffective. 

    “The last time such practices had a systemically destructive impact was in 2007, when an expanding web of debt-driven financial obligations operated largely outside regulatory oversight, ultimately leading to the collapse of the banking system in the U.S. and beyond. A similar scenario could unfold again — this time in the commodity trading sector,” warned Nesvetailova. 

    Distributed by APO Group on behalf of BRICS Competition Law and Policy Centre.

    Media files

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    MIL OSI Africa –

  • MIL-OSI Africa: United Nations (UN) calls on to stress more control over grain traders

    Source: APO

    The trend towards monopolization of grain trade that exists in the global market today requires the BRICS countries to cooperate in the field of antitrust policy and antitrust legislation. Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre at the Higher School of Economics (www.BRICSCompetition.org), said at the 9th UN Conference on Competition and Consumer Protection in Geneva. 

    “Global companies from the food sector should receive the closest attention from antitrust authorities. We emphasize the importance of ensuring food security and nutrition and mitigating the impacts of acute food price volatility, as well as as abrupt supply crises, including fertilizers shortages. The authority of grain traders is highly similar to that of the organizers of digital ecosystems, the digital giants that have already come under scrutiny by antitrust authorities around the world. Under exceptional circumstances of supply shortages or acute food price spikes affecting a BRICS member, we recognize that cooperation initiatives can facilitate emergency responses and natural disaster management, guided by national priorities and consistent with the World Trade Organization rules. None of these measures should lead to unfair trade practices or violations of international trade norms, as their sole purpose is to support food security and nutrition, including through international solidarity.”, – Ivanov emphasized. 

    “A very telling event has recently taken place – the merger of two major grain traders, Bunge and Viterra. This merger was approved just last week by 31 competition authorities around the world. At the same time, no measures were proposed to limit the influence of these companies on the global value chain – the power that has a huge influence on the global market and the organization of grain trade,” Ivanov said. 

    He noted that regulators in Brazil and China have already raised concerns, such as the issue of price shifting from global to national markets, but no commitments have been established to address these concerns. 

    Anastasia Nesvetailova, Head, Macroeconomic and Development Policies Branch, UNCTAD, emphasized the growing influence of financialization on global food markets. Of particular concern, she noted, is the dominance of the so-called ABCD group — ADM, Bunge, Cargill, and Louis Dreyfus — which effectively controls global agricultural trading. Three of these companies do not disclose sufficient information, rendering the sector highly opaque and poorly regulated. 

    According to Nesvetailova, 70% of transactions on U.S. and European commodity markets today are speculative in nature and disconnected from the real economy. The financial power of commodity traders is increasing, as they evolve into non-bank financial institutions with systemic influence not only on commodity markets but also on global financial stability. Meanwhile, oversight of their operations remains fragmented and ineffective. 

    “The last time such practices had a systemically destructive impact was in 2007, when an expanding web of debt-driven financial obligations operated largely outside regulatory oversight, ultimately leading to the collapse of the banking system in the U.S. and beyond. A similar scenario could unfold again — this time in the commodity trading sector,” warned Nesvetailova. 

    Distributed by APO Group on behalf of BRICS Competition Law and Policy Centre.

    Media files

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    MIL OSI Africa –

  • MIL-OSI: Fortuna Investments Expands to Midland, Texas, Strengthening Its Footprint in America’s Energy and Innovation Corridor

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, July 15, 2025 (GLOBE NEWSWIRE) — Fortuna Investments, a leading America-first venture capital firm, is proud to announce the expansion of its operations into Midland, Texas, where it will build upon its strategic focus on rare earth elements, space infrastructure, and uranium and nuclear energy. Known for its bold investments in critical, high-growth sectors, Fortuna continues to deepen its national presence—now with a strategic location in the heart of Texas to complement its existing offices in Los Angeles and Miami.

    Midland, long recognized as a hub of American energy production and resilience, reflects the grit, tenacity, and values that define Fortuna’s mission. “The people of Midland embody the same strength and entrepreneurial spirit that drive our firm, so this is a natural next step for us,” said Justus Parmar, Founder and CEO of Fortuna Investments.

    Texas continues to thrive as a pro-business powerhouse—with a culture of entrepreneurship, no state income tax, and a rapidly growing capital markets ecosystem. The recent announcement of a Texas-based stock exchange adds even more momentum to the state’s financial future, offering local investors and companies new platforms for liquidity and capital formation.

    Midland is central to Fortuna’s strategy of investing in American ingenuity and potential. As the Permian Basin’s energy epicenter, the city hosts a deep concentration of independent energy wealth, legacy capital, and long-term investors. These characteristics align seamlessly with Fortuna’s model of disciplined, asset-backed growth investing.

    Fortuna already holds key strategic assets across Texas, including:

    • The PEAK Project — A developing rare earth elements mine vital to securing domestic supply chains.
    • Space Infrastructure — With emerging assets based in Midland’s aerospace corridor.
    • Uranium and Nuclear Holdings — Supporting U.S. energy security and the growing nuclear renaissance.

    “As global markets shift, and the demand for critical materials and energy grows, our presence in Midland positions us to lead from the front,” said Parmar. “We believe this expansion strengthens our ability to drive value and national significance across the sectors we champion.”

    Fortuna’s Midland office will be located at 223 W. Wall Street, STE 200 in Midland. Oscar Garcia has been brought on in the role of Business Development and Corporate Strategy Lead to head the local team.

    For more information, visit https://investfortuna.com or email deals@investfortuna.com.

    About Fortuna Investments

    Founded in 2015 by Justus Parmar, Fortuna Investments is a private investment firm that develops long-term partnerships with change-making entrepreneurs in emerging industries. Fortuna specializes in venture capital investments and has led and advised on over $1 billion in transactions since its founding.

    Fortuna’s investments are concentrated in several high-growth sectors, including aerospace and defense, rare earth elements, uranium mining and nuclear technology, electronic waste refining, and robotics. The firm routinely invests for the long term and takes an active operating role.

    In 2020, the firm’s leadership group launched the Fortuna Foundation, an independent charitable organization that supports initiatives dedicated to promoting mental health, education, financial literacy and other community organizations in need.

    More information can be found at https://investfortuna.com/. Follow Justus Parmar on LinkedIn, X, and Instagram.

    Media Contact:

    Will Butler
    fortuna@dlpr.com

    The MIL Network –

  • MIL-OSI: Fortuna Investments Expands to Midland, Texas, Strengthening Its Footprint in America’s Energy and Innovation Corridor

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, July 15, 2025 (GLOBE NEWSWIRE) — Fortuna Investments, a leading America-first venture capital firm, is proud to announce the expansion of its operations into Midland, Texas, where it will build upon its strategic focus on rare earth elements, space infrastructure, and uranium and nuclear energy. Known for its bold investments in critical, high-growth sectors, Fortuna continues to deepen its national presence—now with a strategic location in the heart of Texas to complement its existing offices in Los Angeles and Miami.

    Midland, long recognized as a hub of American energy production and resilience, reflects the grit, tenacity, and values that define Fortuna’s mission. “The people of Midland embody the same strength and entrepreneurial spirit that drive our firm, so this is a natural next step for us,” said Justus Parmar, Founder and CEO of Fortuna Investments.

    Texas continues to thrive as a pro-business powerhouse—with a culture of entrepreneurship, no state income tax, and a rapidly growing capital markets ecosystem. The recent announcement of a Texas-based stock exchange adds even more momentum to the state’s financial future, offering local investors and companies new platforms for liquidity and capital formation.

    Midland is central to Fortuna’s strategy of investing in American ingenuity and potential. As the Permian Basin’s energy epicenter, the city hosts a deep concentration of independent energy wealth, legacy capital, and long-term investors. These characteristics align seamlessly with Fortuna’s model of disciplined, asset-backed growth investing.

    Fortuna already holds key strategic assets across Texas, including:

    • The PEAK Project — A developing rare earth elements mine vital to securing domestic supply chains.
    • Space Infrastructure — With emerging assets based in Midland’s aerospace corridor.
    • Uranium and Nuclear Holdings — Supporting U.S. energy security and the growing nuclear renaissance.

    “As global markets shift, and the demand for critical materials and energy grows, our presence in Midland positions us to lead from the front,” said Parmar. “We believe this expansion strengthens our ability to drive value and national significance across the sectors we champion.”

    Fortuna’s Midland office will be located at 223 W. Wall Street, STE 200 in Midland. Oscar Garcia has been brought on in the role of Business Development and Corporate Strategy Lead to head the local team.

    For more information, visit https://investfortuna.com or email deals@investfortuna.com.

    About Fortuna Investments

    Founded in 2015 by Justus Parmar, Fortuna Investments is a private investment firm that develops long-term partnerships with change-making entrepreneurs in emerging industries. Fortuna specializes in venture capital investments and has led and advised on over $1 billion in transactions since its founding.

    Fortuna’s investments are concentrated in several high-growth sectors, including aerospace and defense, rare earth elements, uranium mining and nuclear technology, electronic waste refining, and robotics. The firm routinely invests for the long term and takes an active operating role.

    In 2020, the firm’s leadership group launched the Fortuna Foundation, an independent charitable organization that supports initiatives dedicated to promoting mental health, education, financial literacy and other community organizations in need.

    More information can be found at https://investfortuna.com/. Follow Justus Parmar on LinkedIn, X, and Instagram.

    Media Contact:

    Will Butler
    fortuna@dlpr.com

    The MIL Network –

  • MIL-OSI: Fortuna Investments Expands to Midland, Texas, Strengthening Its Footprint in America’s Energy and Innovation Corridor

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, July 15, 2025 (GLOBE NEWSWIRE) — Fortuna Investments, a leading America-first venture capital firm, is proud to announce the expansion of its operations into Midland, Texas, where it will build upon its strategic focus on rare earth elements, space infrastructure, and uranium and nuclear energy. Known for its bold investments in critical, high-growth sectors, Fortuna continues to deepen its national presence—now with a strategic location in the heart of Texas to complement its existing offices in Los Angeles and Miami.

    Midland, long recognized as a hub of American energy production and resilience, reflects the grit, tenacity, and values that define Fortuna’s mission. “The people of Midland embody the same strength and entrepreneurial spirit that drive our firm, so this is a natural next step for us,” said Justus Parmar, Founder and CEO of Fortuna Investments.

    Texas continues to thrive as a pro-business powerhouse—with a culture of entrepreneurship, no state income tax, and a rapidly growing capital markets ecosystem. The recent announcement of a Texas-based stock exchange adds even more momentum to the state’s financial future, offering local investors and companies new platforms for liquidity and capital formation.

    Midland is central to Fortuna’s strategy of investing in American ingenuity and potential. As the Permian Basin’s energy epicenter, the city hosts a deep concentration of independent energy wealth, legacy capital, and long-term investors. These characteristics align seamlessly with Fortuna’s model of disciplined, asset-backed growth investing.

    Fortuna already holds key strategic assets across Texas, including:

    • The PEAK Project — A developing rare earth elements mine vital to securing domestic supply chains.
    • Space Infrastructure — With emerging assets based in Midland’s aerospace corridor.
    • Uranium and Nuclear Holdings — Supporting U.S. energy security and the growing nuclear renaissance.

    “As global markets shift, and the demand for critical materials and energy grows, our presence in Midland positions us to lead from the front,” said Parmar. “We believe this expansion strengthens our ability to drive value and national significance across the sectors we champion.”

    Fortuna’s Midland office will be located at 223 W. Wall Street, STE 200 in Midland. Oscar Garcia has been brought on in the role of Business Development and Corporate Strategy Lead to head the local team.

    For more information, visit https://investfortuna.com or email deals@investfortuna.com.

    About Fortuna Investments

    Founded in 2015 by Justus Parmar, Fortuna Investments is a private investment firm that develops long-term partnerships with change-making entrepreneurs in emerging industries. Fortuna specializes in venture capital investments and has led and advised on over $1 billion in transactions since its founding.

    Fortuna’s investments are concentrated in several high-growth sectors, including aerospace and defense, rare earth elements, uranium mining and nuclear technology, electronic waste refining, and robotics. The firm routinely invests for the long term and takes an active operating role.

    In 2020, the firm’s leadership group launched the Fortuna Foundation, an independent charitable organization that supports initiatives dedicated to promoting mental health, education, financial literacy and other community organizations in need.

    More information can be found at https://investfortuna.com/. Follow Justus Parmar on LinkedIn, X, and Instagram.

    Media Contact:

    Will Butler
    fortuna@dlpr.com

    The MIL Network –

  • MIL-OSI: Fortuna Investments Expands to Midland, Texas, Strengthening Its Footprint in America’s Energy and Innovation Corridor

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, July 15, 2025 (GLOBE NEWSWIRE) — Fortuna Investments, a leading America-first venture capital firm, is proud to announce the expansion of its operations into Midland, Texas, where it will build upon its strategic focus on rare earth elements, space infrastructure, and uranium and nuclear energy. Known for its bold investments in critical, high-growth sectors, Fortuna continues to deepen its national presence—now with a strategic location in the heart of Texas to complement its existing offices in Los Angeles and Miami.

    Midland, long recognized as a hub of American energy production and resilience, reflects the grit, tenacity, and values that define Fortuna’s mission. “The people of Midland embody the same strength and entrepreneurial spirit that drive our firm, so this is a natural next step for us,” said Justus Parmar, Founder and CEO of Fortuna Investments.

    Texas continues to thrive as a pro-business powerhouse—with a culture of entrepreneurship, no state income tax, and a rapidly growing capital markets ecosystem. The recent announcement of a Texas-based stock exchange adds even more momentum to the state’s financial future, offering local investors and companies new platforms for liquidity and capital formation.

    Midland is central to Fortuna’s strategy of investing in American ingenuity and potential. As the Permian Basin’s energy epicenter, the city hosts a deep concentration of independent energy wealth, legacy capital, and long-term investors. These characteristics align seamlessly with Fortuna’s model of disciplined, asset-backed growth investing.

    Fortuna already holds key strategic assets across Texas, including:

    • The PEAK Project — A developing rare earth elements mine vital to securing domestic supply chains.
    • Space Infrastructure — With emerging assets based in Midland’s aerospace corridor.
    • Uranium and Nuclear Holdings — Supporting U.S. energy security and the growing nuclear renaissance.

    “As global markets shift, and the demand for critical materials and energy grows, our presence in Midland positions us to lead from the front,” said Parmar. “We believe this expansion strengthens our ability to drive value and national significance across the sectors we champion.”

    Fortuna’s Midland office will be located at 223 W. Wall Street, STE 200 in Midland. Oscar Garcia has been brought on in the role of Business Development and Corporate Strategy Lead to head the local team.

    For more information, visit https://investfortuna.com or email deals@investfortuna.com.

    About Fortuna Investments

    Founded in 2015 by Justus Parmar, Fortuna Investments is a private investment firm that develops long-term partnerships with change-making entrepreneurs in emerging industries. Fortuna specializes in venture capital investments and has led and advised on over $1 billion in transactions since its founding.

    Fortuna’s investments are concentrated in several high-growth sectors, including aerospace and defense, rare earth elements, uranium mining and nuclear technology, electronic waste refining, and robotics. The firm routinely invests for the long term and takes an active operating role.

    In 2020, the firm’s leadership group launched the Fortuna Foundation, an independent charitable organization that supports initiatives dedicated to promoting mental health, education, financial literacy and other community organizations in need.

    More information can be found at https://investfortuna.com/. Follow Justus Parmar on LinkedIn, X, and Instagram.

    Media Contact:

    Will Butler
    fortuna@dlpr.com

    The MIL Network –

  • MIL-OSI: AI Prop Announces Sponsorship of Forex Expo Dubai 2025

    Source: GlobeNewswire (MIL-OSI)

    Dubai, UAE, July 15, 2025 (GLOBE NEWSWIRE) — AI Prop, a global leader in AI-driven proprietary trading solutions, announces its official sponsorship of Forex Expo Dubai 2025, taking place October 6–7 at the Dubai World Trade Centre. Recognized as one of the most prominent gatherings in the forex and financial trading sector, the event draws thousands of traders, brokers, and financial professionals from around the world. As an official sponsor, AI Prop will highlight its trader funding program and AI-enhanced trading tools designed to support performance-driven trading without personal capital risk.

    Forex Expo Dubai is one of the world’s premier events for forex and financial trading professionals, attracting tens of thousands of traders, investors, brokers, and industry experts globally. As the official sponsor, AI Prop will present its unique funding program and state-of-the-art AI trading systems designed to empower traders to achieve exceptional results.

    At booth 198, attendees will have the exclusive opportunity to:

    • Explore AI Prop’s unique funding program that offers traders capital up to 5 million USD, the highest funding level in the prop trading industry today. This flexible capital allocation enables traders to scale their trading strategies without risking personal funds.
    • Learn about AI Prop’s cutting-edge AI system that significantly boosts trader profits while limiting losses. For example, many traders using AI Prop’s AI Coach and AI Trading Bots have reported profit increases of over 40% and drawdown reductions by up to 25%, demonstrating the tangible impact of AI-driven trading support.
    • Meet AI Prop’s top traders in person, including those who have successfully passed the firm’s rigorous evaluation program in as little as 15 days and are now trading live with funded accounts. These traders will share their experiences and insights on how AI Prop’s technology and funding model accelerate their trading careers.

    AI Prop’s sponsorship underscores its commitment to revolutionizing the prop trading landscape by combining transparent blockchain-based payouts, flexible capital funding, and intelligent AI coaching. Backed by Coinstrat Pro, a leading multi-asset hybrid broker, AI Prop offers access to diverse markets including forex, cryptocurrencies, commodities, stocks, and indices.

    “We are thrilled to be the official sponsor of Forex Expo Dubai 2025,” said AI Prop Official. “This event is a perfect platform to showcase how our AI-powered funding solutions are transforming traders’ lives worldwide. We invite all attendees to visit booth 198 to experience firsthand the future of prop trading.”

    ABOUT AI PROP

    AI Prop is the world’s top Prop Trading Firm integrating Artificial Intelligence (AI) and blockchain technology to provide capital funding up to $5 million USD and advanced trading tools to traders globally. With a vision to become the most innovative prop firm, AI Prop empowers traders across multiple asset classes through AI coaching and transparent payout systems.

    The MIL Network –

  • MIL-OSI: AI Prop Announces Sponsorship of Forex Expo Dubai 2025

    Source: GlobeNewswire (MIL-OSI)

    Dubai, UAE, July 15, 2025 (GLOBE NEWSWIRE) — AI Prop, a global leader in AI-driven proprietary trading solutions, announces its official sponsorship of Forex Expo Dubai 2025, taking place October 6–7 at the Dubai World Trade Centre. Recognized as one of the most prominent gatherings in the forex and financial trading sector, the event draws thousands of traders, brokers, and financial professionals from around the world. As an official sponsor, AI Prop will highlight its trader funding program and AI-enhanced trading tools designed to support performance-driven trading without personal capital risk.

    Forex Expo Dubai is one of the world’s premier events for forex and financial trading professionals, attracting tens of thousands of traders, investors, brokers, and industry experts globally. As the official sponsor, AI Prop will present its unique funding program and state-of-the-art AI trading systems designed to empower traders to achieve exceptional results.

    At booth 198, attendees will have the exclusive opportunity to:

    • Explore AI Prop’s unique funding program that offers traders capital up to 5 million USD, the highest funding level in the prop trading industry today. This flexible capital allocation enables traders to scale their trading strategies without risking personal funds.
    • Learn about AI Prop’s cutting-edge AI system that significantly boosts trader profits while limiting losses. For example, many traders using AI Prop’s AI Coach and AI Trading Bots have reported profit increases of over 40% and drawdown reductions by up to 25%, demonstrating the tangible impact of AI-driven trading support.
    • Meet AI Prop’s top traders in person, including those who have successfully passed the firm’s rigorous evaluation program in as little as 15 days and are now trading live with funded accounts. These traders will share their experiences and insights on how AI Prop’s technology and funding model accelerate their trading careers.

    AI Prop’s sponsorship underscores its commitment to revolutionizing the prop trading landscape by combining transparent blockchain-based payouts, flexible capital funding, and intelligent AI coaching. Backed by Coinstrat Pro, a leading multi-asset hybrid broker, AI Prop offers access to diverse markets including forex, cryptocurrencies, commodities, stocks, and indices.

    “We are thrilled to be the official sponsor of Forex Expo Dubai 2025,” said AI Prop Official. “This event is a perfect platform to showcase how our AI-powered funding solutions are transforming traders’ lives worldwide. We invite all attendees to visit booth 198 to experience firsthand the future of prop trading.”

    ABOUT AI PROP

    AI Prop is the world’s top Prop Trading Firm integrating Artificial Intelligence (AI) and blockchain technology to provide capital funding up to $5 million USD and advanced trading tools to traders globally. With a vision to become the most innovative prop firm, AI Prop empowers traders across multiple asset classes through AI coaching and transparent payout systems.

    The MIL Network –

  • MIL-OSI USA News: Inflation Remains Right on Target Under President Trump

    Source: US Whitehouse

    “Every month since President Trump took office, core inflation — the best measure of inflation — has beat or matched expectations. The data proves that President Trump is stabilizing inflation and the Panicans continue to be wrong about tariffs raising prices.” — White House Press Secretary Karoline Leavitt

    Under President Donald J. Trump, America continues to beat back inflation after years of Biden-induced price hikes.

    Here’s what you need to know from the latest Consumer Price Index:

    • June data confirms inflation is right on track. The annualized rate of inflation is below the year-earlier pace, showing that prices are right on track.
    • Core inflation beat expectations for another month. Since President Trump took office, core inflation has tracked at just 2.1% — levels not seen since the first Trump Administration, when prices were low and stable — and has come in below or at economists’ expectations every single month.
    • Wage growth remains strong under President Trump. Real wages for production and nonsupervisory workers are up 1.3% over last year.
    • Prices for everyday Americans continue to fall. Prices for new and used vehicles and airfares fell last month, while annualized shelter inflation dropped to its lowest in nearly four years — with prices for gas, fuel oil, energy commodities, hotels, airfare, public transportation, and fresh vegetables all down over last year.

    Here’s what they’re saying:

    • CNBC’s Rick Santelli: “Inflation is going to ebb and flow. If we want to really isolate it in terms of what this Administration is doing or Liberation Day, I would benchmark it to the beginning of the year. January and February reads being warmer gives you a lot of information that some of the policies have not been detrimental in boosting inflation.”
    • CNBC’s Rick Santelli: “The death of the labor market has been greatly exaggerated based on recent data, and I think that all in all, the inflation numbers — they’re pretty respectable here.”
    • Fox Business Network’s Maria Bartiromo: “You’ve got to look at this report as another victory for President Trump, who has focused on reigning in inflation — and that’s what we’re seeing from this report again.”

    MIL OSI USA News –

  • MIL-OSI USA: With Republican “Big Beautiful Betrayal” Now Law, Shaheen Discusses Cuts to Food Assistance, Clean Energy that Will Exacerbate the Cost-of-Living Crisis

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Nashua, NH) – Today, U.S. Senator Jeanne Shaheen (D-NH) hosted discussions with Granite State leaders to highlight the disastrous impacts of the Republican budget legislation, which is now law, on New Hampshire. Shaheen met with Granite State nonprofit leaders in Manchester, and local officials and business leaders in Nashua, to discuss cuts to food assistance and clean energy included in the legislation. You can view photos from both events here.
    In Manchester, Shaheen visited the New Hampshire Food Bank for a roundtable discussion with Granite State nonprofit leaders on the impact of Republican cuts to food assistance.
    “This bill that President Trump and Congressional Republicans jammed through Congress cuts health care and food assistance for millions of Americans in order to give trillions of dollars more to corporations and to the wealthiest,” said Senator Shaheen. “It’s going to raise costs for families in New Hampshire at a time when Granite Staters are already fighting to stretch every dollar. I’m grateful to the leaders and community members who shared their stories today and I’ll continue working with them to minimize the harm from this legislation.”
    According to the Center for Budget and Policy Priorities (CBPP), the cuts put food assistance benefits for thousands of Granite Staters at risk and will cost the state of New Hampshire between $8 million and $23 million per year.
    Later in Nashua, Shaheen toured Pennichuck Solar Farm with city officials, business leaders and advocates and discussed how the Republican legislation will drive up energy costs in New Hampshire.
    “The Republican budget bill eliminates commonsense, forward-looking clean energy and energy efficiency tax credits that help municipalities and working families use less energy and lower their energy costs,” said Senator Shaheen. “Nashua has been a leader in investing in clean energy projects that have already helped them lower their electricity bills and save taxpayer dollars, but thanks to the Republican megabill future projects are now at risk.”
    The City of Nashua has made significant investments in clean energy, utilizing federal incentives to support solar projects and reduce municipal electricity costs. The Republican legislation, which eliminates several longstanding bipartisan clean energy and energy efficient tax credits, has put future solar plans at risk.
    During the Senate “Vote-A-Rama” process, Shaheen forced a vote on her amendment to preserve four longstanding bipartisan consumer energy efficiency and clean energy tax credits that lower energy costs for families, make housing more affordable, protect American jobs and help give businesses the certainty they need to thrive. All but two Senate Republicans—Senators Susan Collins (R-ME) and Lisa Murkowski (R-AK)—voted to block Shaheen’s amendment.

    MIL OSI USA News –

  • MIL-OSI Africa: SA to hold a ‘critical‘ meeting with Formula 1 in two weeks

    Source: Government of South Africa

    Minister of Sport, Arts and Culture, Gayton McKenzie, has revealed that a significant meeting is set to take place in the next two weeks with representatives from Formula 1 (F1). 

    The Kyalami Grand Prix has been granted permission to modify its design, paving the way for a potential return of F1 to the country.

    “Many laughed when I uttered the words ‘Formula 1 must come back to South Africa’. One man in particular, who didn’t laugh was Toby Venter, the owner of the Kyalami racetrack. 

    “When I told him that government doesn’t have the money to host Formula 1 because of other more urgent priorities and we would not be able to help him pay for the track to reach F1 standards, he looked me in the eye and said he would see it [as] his patriotic duty to do just that.

    “We have had multiple meetings with the management of F1, with a crucial one happening in the next two weeks.“

    The Minister was speaking in Parliament on Tuesday, presenting a R6.3 billion budget aimed at unlocking local talent in both sports and the arts and culture.

    “To those who say the country can’t afford to host the F1, I’m saying the country can’t afford not to… We hosted the best FIFA World Cup. We put our country on the map for big events and should not turn back now.” 

    According to McKenzie, what will be different this time is that government will not be expected to pay.

    Meanwhile, he announced that companies like MTN, MultiChoice, Heineken, and many others have expressed their support for this initiative.

    “They will be present with us in the meeting with Formula 1 at the end of the month.” 

    However, he stressed that those who believe that F1 is not important should consider the countries that are holding onto their F1 spots on the calendar.

    “They see the value in it, and it can’t be called a world championship if it misses an entire continent, sub-Saharan Africa in particular.” 

    He also expressed gratitude to everyone who joined the mission to promote the sport of spinning, including Red Bull and Cell C.

    “People were laughing when we said we’re going to make spinning big, but already this sport has left the townships and now Sam Sam is wowing the likes of Max Verstappen with his skills in Austria.”

    Samkeliso Thubane, also known as Sam Sam, is a prominent South African spinning motorsport athlete sponsored by Red Bull. 

    He is recognised as the world’s first official Red Bull spinning athlete and has gained international acclaim for his skills, performing at the reopening of Red Bull Hangar-7 in Austria.

    LIV Golf

    The country is exploring the potential of bringing a LIV Golf tournament, a professional men’s golf tour, to South Africa as early as next year.  

    “Golf has not broken through to the masses and we hope to achieve that with LIV Golf. It’s not only golf, but also culture,” McKenzie said.

    The Minister said he hoped to eclipse Australia’s attendance of more than 100 000 at a single event over three days.

    Olympics

    Meanwhile, he said the draft document has been developed, and plans are being finalised to send as many athletes as possible to the next Olympics in Los Angeles in 2028.

    The Minister said last year, they travelled to Olympic House in Switzerland to express the country’s interest in hosting the Summer Olympic Games in South Africa in 2036.

    VAR

    McKenzie announced that they are finalising the funding process for video assistant refereeing (VAR) to ensure fairness in football matches, from the Premier Soccer League to international fixtures — meeting global standards.

    “It is a necessity. We see stadiums vandalised when bad refereeing happens, and the success of teams like Mamelodi Sundowns makes global teams want to play here, but they get second thoughts because we don’t have VAR.“ – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI USA: House Passes Latta, Kelly’s Bill to Help Famers’ Connectivity in the Field

    Source: United States House of Representatives – Congressman Bob Latta (R-Bowling Green Ohio)

    Today, the U.S. House of Representatives passed Congressman Bob Latta (OH-5) and Congresswoman Robin Kelly’s (IL-2) bipartisan Precision Agriculture Satellite Connectivity Act, to help farmers more easily incorporate technology into their operations. The legislation now awaits consideration in the U.S. Senate.  

    “Reliable broadband is essential for farmers in Ohio and the country. I’m grateful to my House colleagues for passing this bill, which will help farmers deploy fast, dependable internet and technologies that boost productivity, increase yields, and reduce operating costs. Today’s vote brings us one step closer to delivering the advanced connectivity our farmers need in the fields and beyond,” Latta said.   

    “In a state where farmers are the backbone of the food supply chain and in a district with over 4,500 farms, I’m proud to provide our farmers with the best wireless technologies. Many farmers provide nutritious foods to our communities, which is needed now more than ever, and this bill will help maximize their yield and profitability. As the Precision Agriculture Satellite Connectivity Act passed the House with bipartisan support, I urge my Senate colleagues to do the same,” Kelly said. 

    Congressman Bob Latta spoke on the House floor today in support of the Precision Agriculture Satellite Connectivity Act, watch here.    

    Background:  

    The Precision Agriculture Satellite Connectivity Act would require the Federal Communications Commission (FCC) to review its current satellite rules to determine if rule changes can be made to promote precision agriculture. This bill continues to build upon Latta’s Precision Agriculture Connectivity Act, included in the Farm Bill and signed into law in 2018. Last Congress, Congressman Latta served as the Chair of the Communications and Technology Subcommittee on the Energy and Commerce Committee.

    MIL OSI USA News –

  • MIL-OSI USA: Baldwin, Ernst Introduce Bipartisan Bill to Expand Access to Mental Health Care for Farmers, Rural Communities

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – Today, U.S. Senators Tammy Baldwin (D-WI) and Joni Ernst (R-IA) introduced the Farmers First Act of 2025, bipartisan legislation to address the mental health epidemic in rural America and expand access to critical mental health care for our nation’s agricultural communities. The legislation would increase support for the Farm and Ranch Stress Assistance Network (FRSAN), which Senators Baldwin and Senator Ernst successfully included in the 2018 Farm Bill.
    “Wisconsin’s farmers and ranchers work hard every day to keep their businesses running and our Made in Wisconsin agricultural economy moving forward. But too often, the stress, isolation, and physical demands of this job leave them with nowhere to turn when it all gets to be too much,” said Senator Baldwin. “I’m working to make sure our farmers and rural communities have the resources they need because no one should have to fight these battles alone.”
    “Iowa farmers work tirelessly from sunrise to sundown – rain or shine – to feed and fuel the world. Their work isn’t easy, and mental health issues, including suicide, are too common in our agriculture community, which is why I’m working to ensure farmers have better access to mental health resources,” said Senator Ernst.
    The Farmers First Act would reauthorize the FRSAN, a program that connects farmers, ranchers, and other agriculture workers to stress assistance programs and resources. Through FRSAN, state departments of agriculture, state extension services, and non-profits receive funding to establish helplines, provide suicide prevention training for farm advocates, and create support groups for farmers and farm workers. The Farmers First Act would increase funding for the program, authorizing $15 million per year for the program for the next five years, up from $10 million and allowing grantees to hire additional staff to support farmers, including behavioral health specialists to provide counseling to agricultural workers, and bolstering grantees’ efforts to address the unique needs of different farming populations, including Veteran farmers and farmers of color.
    The Senators are introducing the bill as suicide, mental health challenges, and stress are on the rise in agricultural and rural communities. Farmers are 3.5 times more likely to die by suicide than the general population, according to the National Rural Health Association. Four regional centers established through FRSAN are currently increasing access to farm stress services, including expanding access to hotlines, training Americans in rural areas to recognize the signs of depression, anxiety, or suicidal ideation, and creating support groups for farmworkers.
    In addition to Senators Baldwin and Ernst, the Farmers First Act of 2025 is co-sponsored in the Senate by Senators John Boozman (R-AR), Tina Smith (D-MN), and Susan Collins (R-ME). The bill was also introduced in the U.S. House by Representatives Randy Feenstra (R-IA-04) and Angie Craig (D-MN-02).
    The Farmers First Act is endorsed by National Farmers Union, National Rural Health Association, National Milk Producers Federation, Agriculture Retailers Association, The National Council, FarmFirst Dairy Cooperative, Organic Trade Association, American Psychological Association Services, NCBA CLUSA, Farm Credit Council, National Association of State Departments of Agriculture, Organic Farmers Association, National Pork Producers Council, American Soybean Association, Midwest Dairy Coalition, Farm Aid, National Association of Wheat Growers, National Corn Growers Association, Northeast Organic Dairy Producers Alliance, Sustainable Food Policy Alliance, National Sustainable Agriculture Coalition, National Organic Coalition, Farmer Veteran Coalition, and American Farm Bureau Federation.
    “From trade uncertainty to labor shortages and natural disasters, many stressors are weighing heavily on the minds of farmers and ranchers. Resources supported through the Farm and Ranch Stress Assistance Network are more critical now than at any time in recent memory. Farm Bureau appreciates Representatives Craig and Feenstra, as well as Senators Baldwin and Ernst for their tireless commitment to supporting farmer and rancher mental health across the country,” said Sam Kieffer, Vice President, Public Policy, American Farm Bureau Federation.
    “Farming can be incredibly stressful, and too many rural communities still don’t have the mental health support they need,” said National Farmers Union President Rob Larew. “The Farmers First Act will help get essential resources to farmers who are struggling. We thank Senators Baldwin and Ernst and Representatives Feenstra and Craig for leading the charge and urge Congress to reauthorize FRSAN with increased funding.”
    “FarmFirst Dairy Cooperative is extremely appreciative of the work of Senator Tammy Baldwin, as well as others, in addressing the mounting mental health and wellness challenges facing our nations farmers. There are so many variables out of the control of the farmers that work hard to supply multiple facets to consumers. Volatility of markets, weather, regulations, and numerous other things out of their control and then add the lack of rural resources, makes this very important part of our world feeling vulnerable and alone. The Farmers First Act would make the access to resources easier and more financially viable for our nations farmers,” said the FarmFirst Dairy Cooperative.
    “The Farmer Veteran Coalition strongly supports the reauthorization of the Farmers First Act. Expanding and strengthening the Farm and Ranch Stress Assistance Network is essential to ensuring farmers, ranchers have access to the mental health resources they need to thrive. We commend Representatives Feenstra and Craig, as well as Senators Baldwin and Ernst, for their bipartisan leadership in prioritizing the well-being of those who feed our nation. This bill will provide critical support for agricultural producers facing stress, isolation, and mental health challenges, and we urge swift passage this Congress,” said Jeanette Lombardo, CEO, Farmer Veteran Coalition.
    “Farmers are daily facing the changing and unpredictable weather patterns that can devastate the best laid plans. They must deal with rising cost of inputs, uncertainty about trade, uncertainty about support services, uncertainty about the role of the USDA and managing difficult financial decisions against a backdrop of uncertainty around the domestic economy. Organic dairy farmers care for the environment, care for their livestock and for the health and welfare of their family and their customers every day. Dairy farming is many times a solitary occupation and farmers need access to all the resources possible to deal with the stress and uncertainty in their lives. We wholeheartedly support the Farmers First Act and all the assistance it can provide to care for our farm families,” said Ed Maltby, Executive Director of the Northeast Organic Dairy Producers Alliance.
    “Farming and the financial insecurity associated with farming can be very stressful. Farmers dealing with stress-related mental health challenges often feel stigmatized if they seek help, which only compounds the problem. We applaud Representatives Feenstra (R-IA) and Craig (D-MN) and Senators Baldwin (D-WI) and Ernst (R-IA) for their bipartisan leadership in introducing the Farmers First Act to increase resources available to farmers and rural communities to address mental health challenges,” said Steve Etka, Policy Director, Midwest Dairy Coalition.
    “Ensuring sufficient access to evidence-based mental health services continues to be a challenge in many rural and agricultural communities, in many cases a challenge that has endured over generations,” said Arthur C. Evans Jr., CEO of the American Psychological Association Services, Inc. (APA Services). “The Farm and Ranch Stress Assistance Network program continues to be a lifeline to many of these communities. APA Services applauds Representatives Feenstra and Craig and Senators Baldwin and Ernst for their efforts to ensure adequate mental health resources in rural communities, and we ask Congress to swiftly enact the Farmers First Act.”
    “Farmers and ranchers across the United States face unique and extreme stresses in their work to feed, fuel, and clothe the world. NASDA applauds the bipartisan Farmers First Act, which bolsters access to critical mental health resources through the Farm and Ranch Stress Assistance Network. State departments of agriculture play an important role in coordinating FRSAN operations and NASDA looks forward to continuing to support these invaluable activities,” said NASDA CEO, Ted McKinney.
    “Farming is a stressful job, even in good times, and rural residents often face unique barriers to seeking mental health care,” said Christy Seyfert, Farm Credit Council president and CEO. “FRSAN brings valuable stress assistance services and expertise to the farm and ranch communities most in need of resources. Farm Credit commends Ranking Member Craig, Representative Feenstra, and Senators Baldwin and Ernst for their leadership on the Farmers First Act.”
    “Farmers face incredible stressors in their day-to-day work and often feel as though the weight of the world rests on their shoulders as they navigate tough times while maintaining farms that have been passed down through multiple generations of family members,” said Kenneth Hartman Jr, National Corn Growers Association President. “Yet, they often find it hard to access the mental health tools they need to cope with these challenges. That’s why we are deeply appreciating for the sponsors of this legislation for working to extend mental health resources to growers through this important legislation.”
    “The Farm and Ranch Stress Assistance Network helps provide essential support to our nation’s producers,” said Doug O’Brien, President and CEO of the National Cooperative Business Association. “The National Cooperative Business Association applauds the bipartisan leadership to increase access to mental health services for rural communities while providing a critical lifeline to our farmers and ranchers.”
    A one-pager on this legislation can be found here. Full text of the bill is available here.

    MIL OSI USA News –

  • MIL-OSI: Helo and Barrett Financial Group Sign Affiliate Agreement to Revolutionize Mortgage-Linked Financial Wellness

    Source: GlobeNewswire (MIL-OSI)

    WESTWOOD, Mass., July 15, 2025 (GLOBE NEWSWIRE) — Helo Revolution (Helo), the fintech platform helping users build smarter money habits through behavioral science and automation, has signed a groundbreaking Affiliate Program Agreement with Barrett Financial Group, one of the nation’s leading mortgage loan providers.

    This strategic partnership will provide Barrett’s network of over 2,000 loan officers and their clients with access to Helo’s powerful financial wellness platform. In turn, Barrett gains a new revenue stream, deeper client engagement, and access to promote Helo to their audience of high-intent home loan contacts, with potential for much broader integration in the near future.

    A New Era of Financial Empowerment After the Mortgage Closes

    Helo’s premium platform, which launches publicly in Q4 2025, offers automated tools that support homebuyers well beyond the closing date, including automated loan payments, debt optimization strategies, cash flow management, and long-term financial goal tracking. With both free and premium plans, it provides a genuine solution for post-mortgage financial stability, particularly in today’s volatile economic climate. Try Helo’s freemium app today before the premium version is available.

    At its core, Helo is an all-in-one, done-for-you system that combines powerful money management, investment tracking, smart goal planning, and a full-service banking suite, including checking and savings accounts, unlike anything most consumers have ever seen. It’s built to simplify financial life while accelerating long-term wealth.

    “This is a massive opportunity,” said Ariel Dangelo, Founder of Helo. “Buying a home is often the biggest purchase of someone’s life. Through this partnership, we’re not just helping people buy a home — we’re helping them stay financially healthy, pay down mortgages faster, and build long-term wealth confidently. With Barrett’s trusted loan officers introducing Helo, the ripple effect could be life-changing for thousands of families across America.”

    Revenue Alignment and Mutual Growth

    Under the Affiliate Program Agreement:

    • The two companies will collaborate on targeted email campaigns, personalized direct mail, and co-branded digital promotions to drive adoption.
    • Barrett and Helo have also agreed to explore a Joint Venture opportunity if volume milestones are hit.

    “This is about more than fintech,” said Trevor Barrett, CEO of Barrett Financial Group. “It’s about giving our clients real tools to thrive financially. Partnering with Helo means we’re helping our borrowers navigate their mortgage and beyond, not just with great rates, but with real, ongoing support.”

    Strategic Timing with Market Momentum

    The partnership comes at a moment when fintech adoption is accelerating and consumer demand for better post-purchase financial support is at an all-time high.

    Helo’s behavioral-first approach differentiates it from budgeting apps and traditional banks, offering an “automated discipline solution” that helps users stay on track without micromanaging their finances.

    With a combined marketing push and built-in trust from Barrett’s advisors, this partnership is expected to significantly expand Helo’s user base and brand visibility, while helping Barrett provide long-term value to its clients beyond closing day.

    About Helo
    Helo is a smart money platform designed to help everyday people master their finances using cashflow automation, habit-building behavioral tools, and personalized planning. Founded on the principle of “people over profit,” Helo empowers users to make better financial decisions, from spending and saving to debt reduction and investing. Learn more at www.gohelo.com

    About Barrett Financial Group
    Barrett Financial Group, LLC is one of the top-rated mortgage brokerages in the U.S., known for offering tailored home loan solutions through a nationwide network of experienced loan officers. By pricing out multiple lenders and programs, Barrett helps clients secure the best possible mortgage options, including FHA, VA, USDA, Jumbo, Reverse Mortgages, and more. Learn more at www.barrettfinancial.com

    Media Contacts
    Helo Revolution – marketing@gohelo.com

    Barrett Financial Group – info@barrettfinancial.com 

    A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/b12b1127-0ac9-42ec-89cb-299e33dc183d

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4569b05-9721-4e13-a919-36ff0dfa699d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/28d1ee45-55ca-4102-8c84-f4d0af1c1e9f

    The MIL Network –

  • MIL-OSI: Helo and Barrett Financial Group Sign Affiliate Agreement to Revolutionize Mortgage-Linked Financial Wellness

    Source: GlobeNewswire (MIL-OSI)

    WESTWOOD, Mass., July 15, 2025 (GLOBE NEWSWIRE) — Helo Revolution (Helo), the fintech platform helping users build smarter money habits through behavioral science and automation, has signed a groundbreaking Affiliate Program Agreement with Barrett Financial Group, one of the nation’s leading mortgage loan providers.

    This strategic partnership will provide Barrett’s network of over 2,000 loan officers and their clients with access to Helo’s powerful financial wellness platform. In turn, Barrett gains a new revenue stream, deeper client engagement, and access to promote Helo to their audience of high-intent home loan contacts, with potential for much broader integration in the near future.

    A New Era of Financial Empowerment After the Mortgage Closes

    Helo’s premium platform, which launches publicly in Q4 2025, offers automated tools that support homebuyers well beyond the closing date, including automated loan payments, debt optimization strategies, cash flow management, and long-term financial goal tracking. With both free and premium plans, it provides a genuine solution for post-mortgage financial stability, particularly in today’s volatile economic climate. Try Helo’s freemium app today before the premium version is available.

    At its core, Helo is an all-in-one, done-for-you system that combines powerful money management, investment tracking, smart goal planning, and a full-service banking suite, including checking and savings accounts, unlike anything most consumers have ever seen. It’s built to simplify financial life while accelerating long-term wealth.

    “This is a massive opportunity,” said Ariel Dangelo, Founder of Helo. “Buying a home is often the biggest purchase of someone’s life. Through this partnership, we’re not just helping people buy a home — we’re helping them stay financially healthy, pay down mortgages faster, and build long-term wealth confidently. With Barrett’s trusted loan officers introducing Helo, the ripple effect could be life-changing for thousands of families across America.”

    Revenue Alignment and Mutual Growth

    Under the Affiliate Program Agreement:

    • The two companies will collaborate on targeted email campaigns, personalized direct mail, and co-branded digital promotions to drive adoption.
    • Barrett and Helo have also agreed to explore a Joint Venture opportunity if volume milestones are hit.

    “This is about more than fintech,” said Trevor Barrett, CEO of Barrett Financial Group. “It’s about giving our clients real tools to thrive financially. Partnering with Helo means we’re helping our borrowers navigate their mortgage and beyond, not just with great rates, but with real, ongoing support.”

    Strategic Timing with Market Momentum

    The partnership comes at a moment when fintech adoption is accelerating and consumer demand for better post-purchase financial support is at an all-time high.

    Helo’s behavioral-first approach differentiates it from budgeting apps and traditional banks, offering an “automated discipline solution” that helps users stay on track without micromanaging their finances.

    With a combined marketing push and built-in trust from Barrett’s advisors, this partnership is expected to significantly expand Helo’s user base and brand visibility, while helping Barrett provide long-term value to its clients beyond closing day.

    About Helo
    Helo is a smart money platform designed to help everyday people master their finances using cashflow automation, habit-building behavioral tools, and personalized planning. Founded on the principle of “people over profit,” Helo empowers users to make better financial decisions, from spending and saving to debt reduction and investing. Learn more at www.gohelo.com

    About Barrett Financial Group
    Barrett Financial Group, LLC is one of the top-rated mortgage brokerages in the U.S., known for offering tailored home loan solutions through a nationwide network of experienced loan officers. By pricing out multiple lenders and programs, Barrett helps clients secure the best possible mortgage options, including FHA, VA, USDA, Jumbo, Reverse Mortgages, and more. Learn more at www.barrettfinancial.com

    Media Contacts
    Helo Revolution – marketing@gohelo.com

    Barrett Financial Group – info@barrettfinancial.com 

    A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/b12b1127-0ac9-42ec-89cb-299e33dc183d

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4569b05-9721-4e13-a919-36ff0dfa699d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/28d1ee45-55ca-4102-8c84-f4d0af1c1e9f

    The MIL Network –

  • MIL-OSI: CAI Earns Top Score on 2025 Disability Index

    Source: GlobeNewswire (MIL-OSI)

    ALLENTOWN, Pa., July 15, 2025 (GLOBE NEWSWIRE) — CAI, a global services firm, today announced it earned the top score of 100 on the 2025 Disability Index® with the distinction of “Best Place to Work for Disability Inclusion” for the fifth consecutive year.

    The index is the leading independent, third-party resource for the annual, confidential benchmarking of disability inclusion policies and programs in business. Now trusted by over 70% of the Fortune 100 and nearly half of the Fortune 500, the tool helps companies determine data-driven actions that can achieve tangible business impact.

    “At CAI, our people are our greatest asset. We value and celebrate diverse perspectives, fostering an inclusive culture that drives innovation and excellence. We prioritize merit, performance, and experience, ensuring every team member is recognized and rewarded for their contributions,” said Tom Salvaggio, president and CEO at CAI. “By providing accessible growth opportunities and focusing on strengths and achievements, we create a dynamic workplace where everyone can thrive and make a meaningful impact.”

    “As we release this year’s Disability Index report, we celebrate the continued progress made by businesses around the world,” said Jill Houghton, president and CEO at Disability:IN. “Today, hundreds of the world’s leading companies are using this tool to benchmark and drive their disability inclusion efforts. Together, we are creating a global economy accelerated by disability inclusion.”

    In 2026, the index will evolve into a universal benchmark, enabling companies around the world to measure and address opportunities, as well as progress, in workplace culture, recruitment, infrastructure and more. The updated name supports these goals by promoting broader recognition and applicability across disparate regions and industries.

    To learn more about CAI’s culture, visit https://www.cai.io/about-us/belonging-and-impact

    To learn more about CAI Neurodiverse Solutions, visit https://www.cai.io/neurodiverse-solutions/overview

    To browse open jobs at CAI, visit https://careers.cai.io/us/en

    About CAI

    CAI is a global services firm with over 9,000 associates worldwide and a yearly revenue of $1.3 billion+. We have over 40 years of excellence in uniting talent and technology to power the possible for our clients, colleagues, and communities. As a privately held company, we have the freedom and focus to do what’s right—whatever it takes. Our tailor-made solutions create lasting results across the public and commercial sectors, and we are trailblazers in bringing neurodiversity to the enterprise.

    Learn how CAI powers the possible at www.cai.io

    Disability:IN

    Disability:IN is the leading nonprofit resource for business disability inclusion worldwide. With the world’s leading companies as partners, Disability:IN drives progress through initiatives, tools, and expertise that deliver long-term business impact. Are You IN?

    Contact:
    Madison Oler
    Sr. PR & Communications Specialist
    CAI
    Madison.oler@cai.io

    The MIL Network –

  • MIL-OSI: CleanChoice Energy Welcomes Christopher Smith as New Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, July 15, 2025 (GLOBE NEWSWIRE) — CleanChoice Energy (“CleanChoice”), the first 100% green company in the U.S. to provide ‘farm-to-table’ renewable energy by owning clean and reliable generation assets and supplying only clean energy to consumers, has named Christopher Smith as its new Chief Financial Officer (CFO).

    This news comes amidst a year of exciting transition for CleanChoice. Over the past 12 months, CleanChoice has interconnected its first solar project in Pennsylvania and announced three additional solar projects located in the northeast United States, while also continuing to grow its retail business. Smith will be a driving force in helping CleanChoice achieve its growth objectives as the company continues its evolution into both a supplier and generator of clean energy.

    “Chris brings deep capital-markets expertise and a track record of building top-flight finance teams at scale in energy businesses,” said Tom Matzzie, Founder & CEO of CleanChoice. “His appointment underscores our readiness to navigate evolving markets and to structure financing that earns investor trust—supporting CleanChoice’s commitment to responsible, resilient, sustainable growth.”

    “As CleanChoice Energy enters a new phase of growth, Chris brings the expertise and insight to help us traverse a changing industry,” Matzzie continued. “The United States is at a turning point. It faces both a critical need for not only more, but also cost effective and sustainable energy – seemingly everywhere and all at once – while customers demand not only a real choice but also a trusted partner in managing their energy future.”

    Smith has experience in building high performing finance teams and high quality businesses and will complement an already strong bench. Over the past two decades, Smith has held senior roles across top tier public and private organizations with a focus on growth and navigating complex challenges. Smith played a pivotal role in successfully growing Hannon Armstrong, and he served in key leadership roles at organizations such as Constellation Energy Commodities Group and Bank of America Merrill Lynch, among others. His background includes SEC reporting, investor relations, and significant capital markets expertise.

    “CleanChoice completely aligns with my passion to help companies grow in smart, sustainable ways,” noted Smith. “It’s all about the customer. CleanChoice is well positioned to expand upon its already considerable growth realized over the last decade not in spite of current challenges, but thanks to them. The new frontier of energy is here—we have the tools and technology to help customers lower costs, address sustainability goals, and improve reliability, and I’m eager to demonstrate to current and future customers, stakeholders and investors that clean energy is smart energy.”

    Finally, Matzzie added, “I’m thankful to John Burke for his support and leadership over the last nine years as Chief Financial Officer and I look forward to continuing to work with him in his new role as Chief Commercial Officer, in which he will architect and manage our growing wholesale and risk management platform.”

    For more information about CleanChoice Energy, visit www.cleanchoiceenergy.com.

    ABOUT CLEANCHOICE ENERGY
    CleanChoice Energy is one of the leading 100% renewable energy suppliers in the U.S. providing ‘farm-to-table’ clean energy providing consumers with alternative ways to access clean energy. CleanChoice has redefined cleantech, making it easy for people to live cleaner lives with pollution-free, renewable energy for their homes and businesses. Founded in 2012, CleanChoice has become one of the fastest-growing businesses in America, as ranked on the Inc 5000 and Deloitte’s Technology Fast 500™. CleanChoice Energy is majority-owned by Funds managed by True Green Capital Management LLC. For more information or to become a clean energy customer, visit CleanChoiceEnergy.com.

    Media Contact:

    Debbie Ehrman
    FINN Partners
    CleanChoiceEnergy@finnpartners.com

    Kate Colarulli
    Chief Strategy Officer
    Mobile: +1 202 380 8936
    kate.colarulli@cleanchoice.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0abfacd9-ec3b-41c6-a137-aa0a28169644

    The MIL Network –

  • MIL-OSI: BVNK & Bitwave Announce Partnership to Enable Real-Time Stablecoin Payments for Enterprise Finance

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 15, 2025 (GLOBE NEWSWIRE) — BVNK, a global provider of stablecoin-native payment infrastructure announced a strategic partnership with Bitwave, the leading enterprise digital asset finance platform. The integration will empower enterprise finance teams to send and receive stablecoin invoice payments with compliance, security, and speed.

    Together, BVNK and Bitwave are redefining what’s possible for modern finance operations by embedding stablecoin wallets with Bitwave’s SOC-compliant tax, accounting and compliance platform.

    “For many finance teams, adopting stablecoins has been held back by operational and reporting complexity. Our integration with Bitwave bridges that gap, making it easier for businesses to move between traditional finance operations and stablecoin payments,” said Jesse Hemson-Struthers, CEO and Co-Founder of BVNK.

    As more businesses explore stablecoins for treasury and payments, these kinds of solutions will be key.”

    Unlocking Stablecoin Payments for the Enterprise

    BVNK delivers stablecoin-native infrastructure for global financial services, powering the flexibility and control enterprises need to modernize their payment operations.

    Through this integration, Bitwave customers will gain access to BVNK’s embedded stablecoin wallets to:

    • Pay invoices in USD, settle in stablecoins
    • Accept payments in stablecoins, receive fiat
    • Simplify reconciliation and automate GAAP/IFRS reporting
    • Access automated workflows for simplified tax, accounting, and compliance

    This capability allows finance teams to take advantage of the speed and efficiency of blockchain-based payments without sacrificing audit-readiness or security.

    “Businesses are ready for stablecoin payments. What they’ve been missing is a safe, reliable way to use them in daily operations,” said Pat White, CEO and Co-Founder of Bitwave.

    “BVNK delivers exactly that for our customers—offering speed, compliance, and flexibility without adding operational complexity.”

    Meeting the Moment for Digital Finance

    As global businesses continue to explore digital assets for treasury operations, cross-border payments, and financial innovation, this collaboration represents a major step forward in enterprise-grade stablecoin adoption.

    By bringing stablecoin-native infrastructure into Bitwave’s accounting and finance stack, the partnership enables finance teams to:

    • Accelerate settlement cycles
    • Modernize treasury operations
    • Eliminate the complexity of manual financial reporting workflows

    “Moving money onchain shouldn’t be complicated,” added Pat White. “This is how digital assets go mainstream.”

    To get started, request a demo with Bitwave today.

    About BVNK

    BVNK builds stablecoin-native infrastructure to power global financial services. Our platform enables businesses to move value instantly across borders and networks. With global licensing and Tier 1 bank partnerships, we facilitate billions in transactions for enterprises like Worldpay, Deel and Rapyd. Visit bvnk.com for more information.

    About Bitwave

    Bitwave is the leading digital asset subledger and on-chain finance platform for businesses. Built for enterprises and institutions, Bitwave simplifies digital asset tax, accounting, and payment workflows for global finance teams – all with a comprehensive, audit-ready platform. Trusted by Fortune 100 leaders, Bitwave delivers the reliability, security, and control demanded by today’s leading finance teams.

    Bitwave enables the digital asset economy with scalable financial operations.

    Visit bitwave.io for more.

    Media Contact:
    Amy Kalnoki
    Co-Founder & COO, Bitwave
    marketing@bitwave.io

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d3ca5522-5929-4a4b-aef5-9989825cf2f5

    The MIL Network –

  • MIL-OSI Canada: Minister Champagne to participate in G20 and G7 Finance Ministers and Central Bank Governors’ Meetings in South Africa

    Source: Government of Canada News

    July 15, 2025

    The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in G20 and G7 Finance Ministers and Central Bank Governors’ (FMCBG) Meetings, in Durban, South Africa, from July 17 to 18. 

    Prior to the Meetings, during a short stay in Cape Town, the Minister will meet with local businesses and government officials with an eye to advance bilateral partnerships, economic development and innovation collaboration.

    In Durban, the Minister, together with Tiff Macklem, Governor of the Bank of Canada, will chair the fourth G7 FMCBG Meeting under Canada’s G7 Presidency. The agenda builds on the important progress made by Finance Ministers and Central Bank Governors at the G7 in Banff and the shared steps Canada and its partners are taking together to reduce ongoing trade and economic policy uncertainty.

    G7 Ministers and Governors will also discuss Russia’s illegal and unjust war against Ukraine, as well as actions to improve supply chain resilience Australia and South Korea have been invited to join the discussion on supply chains.

    The G20 FMCBG Meetings will focus on the global economy and on issues related to the international financial architecture, international taxation and ways to improve longer-term growth prospects in Africa and across the G20. 

    MIL OSI Canada News –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI: Broadcom Ships Tomahawk Ultra: Reimagining the Ethernet Switch for HPC and AI Scale-up

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 15, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, today announced the shipment of its breakthrough Ethernet switch — the Tomahawk Ultra. Engineered to transform the Ethernet switch for high-performance computing (HPC) and AI workloads, Tomahawk Ultra delivers industry-leading ultra-low latency, massive throughput, and lossless networking.

    “Tomahawk Ultra is a testament to innovation, involving a multi-year effort by hundreds of engineers who reimagined every aspect of the Ethernet switch,” said Ram Velaga, senior vice president and general manager of Broadcom’s Core Switching Group. “This highlights Broadcom’s commitment to invest in advancing Ethernet for high-performance networking and AI scale-up.”

    Shattering Myths, Redefining Performance

    Built from the ground up to meet the extreme demands of HPC environments and tightly coupled AI clusters, Tomahawk Ultra redefines what an Ethernet switch can deliver. Long perceived as higher-latency and lossy, Ethernet takes on a new role:

    • Ultra-low latency: Achieves 250ns switch latency at full 51.2 Tbps throughput.
    • High performance: Delivers line-rate switching performance even at minimum packet sizes of 64 bytes, supporting up to 77 billion packets per second.
    • Adaptable, optimized Ethernet headers: Reduces header overhead from 46 bytes down to as low as 10 bytes, while maintaining full Ethernet compliance —boosting network efficiency and enabling flexible, application-specific optimizations.
    • Lossless fabric: Implements Link Layer Retry (LLR) and Credit-Based Flow Control (CBFC) to eliminate packet loss and ensure reliability.

    “AI and HPC workloads are converging into tightly coupled accelerator clusters that demand supercomputer-class latency — critical for inference, reliability, and in-network intelligence from the fabric itself,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “Demonstrating that open-standards Ethernet can now deliver sub-microsecond switching, lossless transport, and on-chip collectives marks a pivotal step toward meeting those demands of an AI scale-up stack — projected to be double digit billions in a few years.”

    Built for HPC and AI Scale-Up

    Tomahawk Ultra is optimized for the tightly coupled, low-latency communication patterns found in both high-performance computing systems and AI clusters. With ultra-low latency switching and adaptable optimized Ethernet headers, it provides predictable, high-efficiency performance for large-scale simulations, scientific computing, and synchronized AI model training and inference.

    When deployed with Scale-Up Ethernet (SUE specification available to the public here), Tomahawk Ultra enables sub-400ns XPU-to-XPU communication latency, including the switch transit time — setting a new benchmark for tightly synchronized AI compute at scale.

    By reducing Ethernet header overhead from 46 bytes to just 10 bytes, while maintaining full Ethernet compliance, Tomahawk Ultra dramatically improves network efficiency. This optimized header is adaptable per application, offering both flexibility and performance gains across diverse HPC and AI workloads.

    Tomahawk Ultra incorporates lossless fabric technology that eliminates packet drops during high-volume data transfer. Incorporating LLR, the switch detects link errors using Forward Error Correction and automatically retransmits packets, avoiding drops at the wire level. Simultaneously, CBFC prevents buffer overflows that traditionally caused packet loss. Together, these mechanisms create a truly lossless Ethernet fabric, delivering the level of reliability demanded by today’s most data-intensive workloads.

    Tomahawk Ultra also accelerates performance through In-Network Collectives solving one of the most persistent bottlenecks in AI and machine learning workloads. Rather than burdening XPUs with collective operations like AllReduce, Broadcast, or AllGather, Tomahawk Ultra executes these directly within the switch chip. This can reduce job completion time and improve utilization of expensive compute resources. Importantly, this capability is endpoint-agnostic, enabling immediate adoption across a wide range of system architectures and vendor ecosystems.

    Designed with innovations in topology-aware routing to support advanced HPC topologies including Dragonfly, Mesh and Torus, Tomahawk Ultra is also compliant with the UEC standard and embraces the openness and rich ecosystem of Ethernet networking.

    Introducing SUE-Lite

    As part of Broadcom’s Ethernet-forward strategy for AI scale-up, the company has introduced SUE-Lite — an optimized version of the SUE specification tailored for power and area-sensitive accelerator applications. SUE-Lite retains the key low-latency and lossless characteristics of full SUE, while further reducing the silicon footprint and power consumption of Ethernet interfaces on AI XPUs and CPUs.

    This lightweight variant enables easier integration of standards-compliant Ethernet fabrics in AI platforms, promoting broader adoption of Ethernet as the interconnect of choice in scale-up architectures.

    Platform for AI Scale-Up and HPC Scale-Out

    Together with the 102.4 Tbps Tomahawk 6, Tomahawk Ultra forms the foundation of a unified Ethernet architecture: enabling scale-up Ethernet for AI, and scale-out Ethernet for HPC and distributed workloads.

    Now Shipping

    Tomahawk Ultra is 100% pin-compatible with Tomahawk 5, ensuring a very fast time-to-market. It is shipping now for deployment in rack-scale AI training clusters and supercomputing environments. To learn more about the Broadcom Tomahawk Ultra family click here. Explore the full Scale-Up/Scale-Out media kit for resources and insights into Broadcom’s scalable solutions here.

    About Broadcom
    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:
    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President, Research and Development Center, Accton
    “Networking needs within an XPU node are as critical as those between nodes. With 51.2 Tbps Ethernet switching, 250-ns latency, credit-based flow control, and configurable optimized header, the Tomahawk Ultra is a perfect solution for building high-bandwidth, high-reliability, high-efficiency, and low-latency lossless systems ready for scale-up AI and HPC applications. Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk Ultra solutions to the market.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “Low latency is essential to unleashing the full potential of AI — from reducing training times to powering real-time inference. By combining Broadcom’s new Tomahawk Ultra switch with AMD Instinct™ GPUs and EPYC™ processors, we’re enabling high-performance, standards-based Ethernet solutions for AI infrastructure. Together, we’re advancing an open ecosystem that brings our vision of AI everywhere, for everyone, closer to reality.”

    Simon Capper, Principal Engineer for AI networking, Arista Networks
    “Arista appreciates the combination of ultra-low latency and scale-Up Ethernet innovations of Tomahawk Ultra for AI networking. Once again Broadcom is setting the pace in the AI and the switch industry.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk Ultra marks a groundbreaking advancement in Ethernet innovation, particularly for AI and HPC scale-up environments. With ultra-low latency and a lossless fabric, it significantly accelerates job completion times — critical for modern AI workloads. At Arrcus, we’re proud to champion an open, standards-based networking ecosystem. Combined with our high-performance ArcOS network operating system, customers can unlock scalable infrastructure that is both flexible and future-ready.”

    Wangson Wang, General Manager of Data Networks Infrastructure, Delta Electronics
    “Delta Electronics is constantly looking ahead, and we’re thrilled to confirm that our 51.2T Ethernet switch platform is ready to harness the full power of Broadcom’s Tomahawk Ultra chip. We see Tomahawk Ultra as a game-changer for AI scale-up and HPC. The collaboration between Delta and Broadcom demonstrates our dedication to pushing the boundaries of what is possible in Data Center network infrastructure. Building on the success of Delta’s current 800G switches, the newly launched Tomahawk Ultra chips enable us to deliver advanced solutions that offer not only unmatched performance and efficiency, but also high reliability and scalability for the most demanding network workloads — supporting rapid AI/ML network deployments for our customers.”

    Praveen Jain, Senior Vice President and General Manager, AI Clusters and Cloud Ready Data Center, HPE Networking
    “HPE is committed to delivering open, high-performance and easy-to-manage Ethernet-based solutions for the modern data center. We commend Broadcom on its new offering, and its ultra-low latency, high throughput and support for in-network collectives align perfectly with what today’s workloads demand. It reflects our shared vision for building the most advanced and open data center infrastructure solutions with operational simplicity at its core.”

    Saurabh Kulkarni, Vice President, AI Technical Product Management, Intel
    “Broadcom’s Tomahawk Ultra Series with its high throughput and ultra-low latency enables all-to-all connectivity across up to 64 Intel® Gaudi® 3 AI accelerators per rack with total HBM bandwidth of 76.8TB/s, capable of scaling the connectivity across multiple racks. This rack-level bandwidth unlocks new possibilities for training and real-time inference of the most complex LLMs, redefining industry SLAs. Through our collaboration with Broadcom, Intel is showcasing the open architecture and modular design advantage and full capability of our rack scale platform built for large-scale, global AI deployments.”

    Vincent Lin, General Manager, Inventec EBG
    “Inventec congratulates Broadcom on the launch of Tomahawk Ultra Ethernet switch, which significantly enhances the efficiency and sustainability of AI solutions by delivering the industry’s lowest switch latency, 250 nanoseconds, and leading power efficiency with 800W at 51.2T performance. At Inventec, our vision is to develop cutting-edge artificial intelligence products that drive sustainable change for humanity and the environment through close partnership with Broadcom to deliver high-performance, scalable solutions, supporting customers’ evolving AI and high-performance computing needs.”

    Kiyo Oishi, CEO, IPI
    “The Tomahawk Ultra represents a bold leap forward in AI workloads and HPC clusters, delivering an unmatched combination of bandwidth, latency, and cutting-edge features like In-Network Collectives and scale-up Ethernet. By leveraging non-proprietary Ethernet, the Tomahawk Ultra will empower customers to scale their data intensive applications with unparalleled performance, efficiency, and reliability — paving the way for groundbreaking innovations in data-intensive computing.”

    Andrew Qu, CEO, Micas Networks
    “Broadcom’s Tomahawk Ultra is a major step forward for scale-up Ethernet in AI and HPC. With 250ns latency, 51.2 Tbps switching, and advanced features like Link Layer Retry, In-Network Collectives, and the AI Fabric Header, it delivers the performance, reliability, and efficiency our customers need for AI at scale. Thanks to pin compatibility with Tomahawk 5, Micas can rapidly bring Tomahawk Ultra-based systems to market, enabling seamless upgrades to meet the demands of next-generation AI infrastructure.”

    Anshul Sadana, Founder and CEO, Nexthop AI
    “With Tomahawk Ultra, Broadcom has driven AI Networking to a new level, allowing us to enable a new generation of low latency and lossless scale-up Ethernet solutions. Along with Nexthop SONiC, we now offer some of the most efficient scale-up and UEC compatible scale-out Ethernet solutions for the world’s largest hyperscalers.”

    Mike Yang, President, Quanta Cloud Technology
    “At QCT, we are committed to delivering next-generation AI and HPC infrastructure that meets the demands of extreme scale, performance, and efficiency. Broadcom’s Tomahawk Ultra Ethernet switch is a game-changer for the AI era, enabling 51.2 Tbps of switching capacity with ultra-low 250ns latency to dramatically accelerate AI training and inferencing workloads. We are excited to continue collaborating with Broadcom to push the next frontier of AI with Ethernet-based infrastructure.”

    Vincent Ho, CEO of UfiSpace
    “The Tomahawk Ultra delivers high performance and full pin-to-pin compatibility with Tomahawk 5. This seamless upgrade path shortens our development cycle for next-generation platforms, and we’re excited to integrate it into our upcoming solutions.”

    Robert CL Lin, President of Enterprise and Networking Business Group, Wistron
    “Broadcom’s Tomahawk Ultra sets a new benchmark in Open Ethernet for AI and HPC. Designed for GPU scale-up, the Tomahawk Ultra achieves 250ns latency at 51.2 Tbps, supporting 64B line-rate switching and lossless fabrics. This innovation represents a significant step forward for the industry. Wistron is seamlessly aligning these scalable AI systems, and the Tomahawk Ultra solution offering.”

    Johnson Hsu, Senior Vice President and General Manager, WNC
    “We’re proud to partner with Broadcom on the innovative Tomahawk Ultra. Purpose-built for the demands of AI and HPC, this advanced platform combines high performance with open Ethernet flexibility — enabling our customers to deploy scalable, reliable, and future-ready networks.”

    The MIL Network –

  • MIL-OSI USA: Hoyle, Wyden, Merkley, Salinas, Dexter Announce $5.15 Million for Airports Across Oregon

    Source: US Representative Val Hoyle (OR-04)

    July 15, 2025

    Federal funds coming to airports in Aurora, Portland, Newport, Salem, John Day and Brookings.

    For Immediate Release: July 15, 2025 

    WASHINGTON, D.C.  – Yesterday, U.S. Representative Val Hoyle along with, U.S. Senators Ron Wyden and Jeff Merkley, and Reps. Andrea Salinas and Maxine Dexter announced $5.15 million combined in federal infrastructure investments at airports in Newport, Brookings, Aurora, Portland, Salem, and John Day.

    “Reliable, modern airport infrastructure is essential for the safety and economic vitality of our coastal communities,” said Rep. Hoyle. “These grants provide almost $750,000 in federal funding for the Newport and Brookings airports to input a new weather monitoring system, lighting upgrades, and essential safety equipment that will improve operations for pilots, emergency responders, and travelers alike. These investments are a win for public safety, regional connectivity, and the long-term resilience of Oregon’s South Coast.”

    “Airports big and small are critical to keeping communities across the state connected and prepared to respond to natural disasters that include wildfires, winter weather and more,” Senator Wyden said. “These federal investments will help bolster local economies, improveservice and enhance safety. I applaud these investments and will continue to fight for similar investments for Oregon airports in the future.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Senator Merkley said. “This federal funding will allow Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy.? I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.”?

    “As the Willamette Valley continues to grow and economic opportunities expand, we must ensure Oregon has alternative and safe transportation routes,” said Rep. Salinas. “I’m proud to have helped secure this federal grant funding, which will improve the structural integrity of the tarmac so that the airport can continue safely serving our local community for years to come.”

    “Investments in airport infrastructure are investments in public safety, regional resilience, and economic vitality,” said Rep. Dexter. “Portland was recently named the top airport in the nation and this funding will only further help keep Oregonians safe and our communities connected.” 

    The $5.15 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $696,721 to Portland International to rebuild 550 feet of existing east curtain wall in the main terminal entrance, including six revolving doors. 

    • $244,500 to McNary Field in Salem to rehabilitate 1,350 feet of existing paved taxiway to maintain its structural integrity and to extend its useful life.

    • $99,286 to Brookings Airport to install a new airport rotating beacon to enhance safety, rebuild a precision approach path indicator system and runway end identifier lights, and acquire and install a new wind cone navigational aid.

    “We are thankful to be awarded an FAA grant to help fund a vital upgrade of the automated weather observing system (AWOS) at Newport Municipal Airport. Weather conditions on the Oregon coast can change within minutes, and it is essential that our airport is able to continue to provide accurate data and information that keeps pilots and passengers safe on their journey to and from Newport. We are also grateful for the continued support of our Oregon legislators in helping us to secure funding for critical infrastructure and safety projects and equipment to support the needs of our community and the over 2 million annual visitors to Newport,” said Nina Vetter, Newport City Manager.

    Wyden, Merkley, Hoyle, Salinas and Dexter have all consistently supported airport infrastructure across Oregon. In June, Wyden, Merkley and Hoyle announced $9.7 million for rural airports across Oregon, in addition to another $1 million for airports on the Oregon Coast and Willamette Valley including Brookings and Aurora. In May, the Oregon delegation announced $22 million for airport infrastructure investments across the state. In September 2024, Wyden and Merkley announced $10 million in federal grants for airports in Medford and Prineville. In July 2024, Merkley, Wyden and Hoyle announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    A web version of the release is here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Hoyle, Wyden, Merkley, Salinas, Dexter Announce $5.15 Million for Airports Across Oregon

    Source: US Representative Val Hoyle (OR-04)

    July 15, 2025

    Federal funds coming to airports in Aurora, Portland, Newport, Salem, John Day and Brookings.

    For Immediate Release: July 15, 2025 

    WASHINGTON, D.C.  – Yesterday, U.S. Representative Val Hoyle along with, U.S. Senators Ron Wyden and Jeff Merkley, and Reps. Andrea Salinas and Maxine Dexter announced $5.15 million combined in federal infrastructure investments at airports in Newport, Brookings, Aurora, Portland, Salem, and John Day.

    “Reliable, modern airport infrastructure is essential for the safety and economic vitality of our coastal communities,” said Rep. Hoyle. “These grants provide almost $750,000 in federal funding for the Newport and Brookings airports to input a new weather monitoring system, lighting upgrades, and essential safety equipment that will improve operations for pilots, emergency responders, and travelers alike. These investments are a win for public safety, regional connectivity, and the long-term resilience of Oregon’s South Coast.”

    “Airports big and small are critical to keeping communities across the state connected and prepared to respond to natural disasters that include wildfires, winter weather and more,” Senator Wyden said. “These federal investments will help bolster local economies, improveservice and enhance safety. I applaud these investments and will continue to fight for similar investments for Oregon airports in the future.”

    “Oregon’s regional airports serve as vital hubs for our communities and economies – supporting local businesses, connecting travelers to world-class recreational opportunities, and providing essential lifelines during natural disasters,” Senator Merkley said. “This federal funding will allow Oregon regional airports to make critical infrastructure improvements that will benefit our communities and economy.? I’ll fight to protect the efficiency and safety of Oregon’s airports and the folks who rely on them for business, travel, and so much more.”?

    “As the Willamette Valley continues to grow and economic opportunities expand, we must ensure Oregon has alternative and safe transportation routes,” said Rep. Salinas. “I’m proud to have helped secure this federal grant funding, which will improve the structural integrity of the tarmac so that the airport can continue safely serving our local community for years to come.”

    “Investments in airport infrastructure are investments in public safety, regional resilience, and economic vitality,” said Rep. Dexter. “Portland was recently named the top airport in the nation and this funding will only further help keep Oregonians safe and our communities connected.” 

    The $5.15 million in grants from the Federal Aviation Administration will be distributed as follows:

    • $696,721 to Portland International to rebuild 550 feet of existing east curtain wall in the main terminal entrance, including six revolving doors. 

    • $244,500 to McNary Field in Salem to rehabilitate 1,350 feet of existing paved taxiway to maintain its structural integrity and to extend its useful life.

    • $99,286 to Brookings Airport to install a new airport rotating beacon to enhance safety, rebuild a precision approach path indicator system and runway end identifier lights, and acquire and install a new wind cone navigational aid.

    “We are thankful to be awarded an FAA grant to help fund a vital upgrade of the automated weather observing system (AWOS) at Newport Municipal Airport. Weather conditions on the Oregon coast can change within minutes, and it is essential that our airport is able to continue to provide accurate data and information that keeps pilots and passengers safe on their journey to and from Newport. We are also grateful for the continued support of our Oregon legislators in helping us to secure funding for critical infrastructure and safety projects and equipment to support the needs of our community and the over 2 million annual visitors to Newport,” said Nina Vetter, Newport City Manager.

    Wyden, Merkley, Hoyle, Salinas and Dexter have all consistently supported airport infrastructure across Oregon. In June, Wyden, Merkley and Hoyle announced $9.7 million for rural airports across Oregon, in addition to another $1 million for airports on the Oregon Coast and Willamette Valley including Brookings and Aurora. In May, the Oregon delegation announced $22 million for airport infrastructure investments across the state. In September 2024, Wyden and Merkley announced $10 million in federal grants for airports in Medford and Prineville. In July 2024, Merkley, Wyden and Hoyle announced $17 million from the federal Airport Improvement Program for airports across Oregon.

    A web version of the release is here.

    ###

    MIL OSI USA News –