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  • MIL-OSI Global: If FEMA didn’t exist, could states handle the disaster response alone?

    Source: The Conversation – USA – By Ming Xie, Assistant Professor of Emergency Management and Public Health, University of Maryland, Baltimore County

    Hurricane Ian caused widespread damage in Florida in 2022, estimated at over $112 billion. This scene was once a shopping center. Giorgio Veira/AFP via Getty Images

    Imagine a world in which a hurricane devastates the Gulf Coast, and the U.S. has no federal agency prepared to quickly send supplies, financial aid and temporary housing assistance.

    Could the states manage this catastrophic event on their own?

    Normally, the Federal Emergency Management Agency, known as FEMA, is prepared to marshal supplies within hours of a disaster and begin distributing financial aid to residents who need help.

    However, with President Donald Trump questioning FEMA’s future and suggesting states take over recovery instead, and climate change causing more frequent and severe disasters, it’s worth asking how prepared states are to face these growing challenges without help.

    What FEMA does

    FEMA was created in 1979 with the job of coordinating national responses to disasters, but the federal government has played important roles in disaster relief since the 1800s.

    During a disaster, FEMA’s assistance can begin only after a state requests an emergency declaration and the U.S. president approves it. The request has to show that the disaster is so severe that the state can’t handle the response on its own.

    FEMA’s role is to support state and local governments by coordinating federal agencies and providing financial aid and recovery assistance that states would otherwise struggle to supply on their own. FEMA doesn’t “take over,” as a misinformation campaign launched during Hurricane Helene claimed. Instead, it pools federal resources to allow states to recover faster from expensive disasters.

    During a disaster, FEMA:

    • Coordinates federal resources. For example, during Hurricane Ian in 2022, FEMA coordinated with the U.S. Coast Guard, the Department of Defense and search-and-rescue teams to conduct rescue operations, organized utility crews to begin restoring power and also delivered water and millions of meals.

    • Provides financial assistance. FEMA distributes billions of dollars in disaster relief funds to help individuals, businesses and local governments recover. As of Feb. 3, 2025, FEMA aid from 2024 storms included US$1.04 billion related to Hurricane Milton, $416.1 million for Hurricane Helene and $112.6 million for Hurricane Debby.

    • Provides logistical support. FEMA coordinates with state and local governments, nonprofits such as the American Red Cross and federal agencies to supply cots, blankets and hygiene supplies for emergency shelters. It also works with state and local partners to distribute critical supplies such as food, water and medical aid.

    The agency also manages the National Flood Insurance Program, offers disaster preparedness training and helps states develop response plans to improve their overall responses systems.

    What FEMA aid looks like in a disaster

    When wildfires swept through Maui, Hawaii, in August 2023, FEMA provided emergency grants to cover immediate needs such as food, clothing and essential supplies for survivors.

    The agency arranged hotel rooms, rental assistance and financial aid for residents who lost homes or belongings. Its Direct Housing Program has spent $295 million to lease homes for more than 1,200 households. This comprehensive support helped thousands of people begin rebuilding their lives after losing almost everything.

    FEMA also helped fund construction of a temporary school to ensure that students whose schools burned could continue their classes. Hawaii, with its relatively small population and limited emergency funds, would have struggled to mount a comparable response on its own.

    Hawaii Gov. Josh Green, center, and then-FEMA Administrator Deanne Criswell speak to reporters in Lahaina, Hawaii, on Aug. 12, 2023, while assessing the wildfire damage there.
    AP Photo/Rick Bowmer

    Larger states often need help, too. When a 2021 winter storm overwhelmed Texas’ power grid and water infrastructure, FEMA coordinated the delivery of essential supplies, including water, fuel, generators and blankets, following the disaster declaration on Feb. 19, 2021. Within days, it awarded more than $2.8 million in grants to help people with temporary housing and home repairs.

    Which states would suffer most without FEMA?

    Without FEMA or other federal support, states would have to manage the disaster response and recovery on their own.

    States prone to frequent disasters, such as Louisiana and Florida, would face expensive recurring challenges that would likely exacerbate recovery delays and reduce their overall resilience.

    Smaller, more rural and less wealthy states that lack the financial resources and logistical capabilities to respond effectively would be disproportionately affected.

    “States don’t have that capability built to handle a disaster every single year,” Lynn Budd, director of the Wyoming Office of Homeland Security, told Stateline in an interview. Access to FEMA avoids the need for expensive disaster response infrastructure in each state.

    States might be able to arrange regional cooperation. But state-led responses and regional models have limitations. The National Guard could assist with supply distribution, but it isn’t designed to provide fast financial aid, housing or long-term recovery options, and the supplies and the recovery effort still come at a cost.

    Members of the National Guard and a FEMA search-and-rescue team work together in the disaster response after Hurricane Florence pounded Wilmington, N.C., in September 2018.
    Andrew Caballero-Reynolds/AFP via Getty Images

    Wealthier states might be better equipped to manage on their own, but poorer states would likely struggle. States with less funding and infrastructure would be left relying on nonprofits and community-based efforts. But these organizations are not capable of providing the scope of services FEMA can.

    Any federal funding would also be slow if Congress had to approve aid after each disaster, rather than having FEMA already prepared to respond. States would be at the mercy of congressional infighting.

    In the absence of a federal response and coordinating role, recovery would be uneven, with wealthier areas recovering faster and poorer areas likely seeing more prolonged hardships.

    What does this mean?

    Coordinating disaster response is complex, the paperwork for federal assistance can be frustrating, and the agency does draw criticism. However, it also fills an important role.

    As the frequency of natural disasters continues to rise due to climate change, ask yourself: How prepared is your state for a disaster, and could it get by without federal aid?

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

    – ref. If FEMA didn’t exist, could states handle the disaster response alone? – https://theconversation.com/if-fema-didnt-exist-could-states-handle-the-disaster-response-alone-248758

    MIL OSI – Global Reports –

  • MIL-OSI Global: Gut-wrenching love: What a fresh look at the ‘Good Samaritan’ story says for ethics today

    Source: The Conversation – USA – By Meghan Sullivan, Professor of Philosophy, University of Notre Dame

    A mural outside St. Jude Thaddeus Church in Silao, Mexico, quotes the Good Samaritan story: ‘Go and do likewise.’ Enrique López-Tamayo Biosca/Flickr via Wikimedia Commons, CC BY

    The Bible story of the Good Samaritan is more than a mainstay of Sunday school courses. “Good samaritan” is the catch-all way to describe a do-gooder – someone who stops to change the tire of a stranded motorist, helps a lost child find their parents in a store and gives money to disaster relief programs.

    But as an ethicist, I’d argue that the parable’s moral vision is much more radical than merely advising people to help out when they can. The parable raises profound philosophical questions about what it means to love another person, and our sometimes astonishing capacity to feel connected to others.

    Love thy neighbor

    The parable of the Good Samaritan occurs in the Gospel of Luke, in a part of the Bible where Jesus is attracting followers and preparing them to spread his movement.

    During one of these sessions, a religious scholar asks him to explain the fundamental commandment in Jewish ethics: “You will love God with all of your heart, all of your mind, and all of your strength. And you will love your neighbor as yourself.” In response, Jesus tells the now-iconic story:

    One time a man was traveling down the dangerous road from Jerusalem to Jericho. The Bible describes absolutely nothing else about this man, but the tradition assumes he is Jewish. The man was attacked and beaten within an inch of his life. As he lay in a ditch, a temple priest and a temple functionary both noticed him but hurried past.

    Then a member of another tribe, a Samaritan, saw him. The Samaritan was immediately moved and rushed over, hoisted the man onto his donkey, took him to a nearby inn and stayed up with him all night, nursing him back to life. The next morning he paid the innkeeper two denarii – Roman silver coins, about two days’ salary – and offered to pay the tab for anything else the man might require as he recuperated.

    ‘The Good Samaritan’ by Aimé Morot (1880), now in the Petit Palais museum in Paris.
    Marc Baronnet/Wikimedia Commons

    Jesus turns the question back to the scholar: Who loved their neighbor? The scholar concedes the point – the Samaritan who had mercy.

    “Go and do likewise,” Jesus replies.

    What exactly did the Samaritan do that reveals the core of the love ethic? Jesus says specifically that the Samaritan’s “guts churned” when he saw the man in need: the Greek word used in the text is “splagchnizomai.”

    The term occurs in other places in the Gospels, as well, evoking a very physical kind of emotional response. This “gut-wrenching love” is spontaneous and visceral.

    Mortal and immortal

    Ancient philosophers spent plenty of time trying to understand the ways humans love, often using highly intellectual frames. “The Symposium,” a dialogue by Plato, depicts Socrates drunkenly debating the essence of erotic love with his friends. Aristotle beautifully theorizes about friendship, “philia,” in his teachings about ethics. He introduces the idea that when we truly love a friend, we think of them as our “second self” – the lives of your closest friends become entangled within your own.

    Many of the early Christian philosophers debated the nature of “agape,” the Greek word the New Testament uses to describe the selfless, unconditional love that characterizes the very nature of God. Saint Augustine introduced the concept of “amoris ordo,” the order of loves: that morality compels someone to first love the highest good, which is God, and then organize the rest of their loves to serve this highest love.

    These concepts present love as an intellectual attitude that is often reserved for a select group, such as God, or one’s family, or one’s countrymen. And Christian notions of “agape” specifically put love just out of reach, only possible for a divine being, though humans should aspire to it and can experience its effects.

    Splagchnizomai is different – such a physical emotion is only possible for creatures like us, with bodies. And as the parable of the Good Samaritan shows, it is an emotion that can be triggered by anyone, at any time, if we are – like the Samaritan – ready to be so moved.

    A relief in St. Paul’s Church in Halifax, Nova Scotia, is one of countless artworks that reference the Good Samaritan.
    Hantsheroes/Wikimedia Commons, CC BY-SA

    Love and modern moral thinking

    Much like their ancient counterparts, philosophers of the past century have struggled to explain how love can be one of the most morally significant elements of our lives, while also being so extraordinarily partial, biased and seemingly arbitrary.

    To resolve the tension, many treat love not as a source of insight but as a messy feature of human psychology – an impediment that ethical reasoning must navigate around.

    Indeed, the most prominent recent movements in applied ethics are wholly oriented around rational efficiency. The Effective Altruism movement argues that people should use evidence to transform themselves into the most efficient do-gooders they can possibly be. Proponents discourage college graduates looking to make a difference from pursuing public service and recommend high-paying jobs instead, arguing that they can have a bigger impact giving away wealth than directly caring for others. Emotions are viewed with suspicion, as sources of potential bias – not sources of moral wisdom.

    In the book “Against Empathy,” psychologist Paul Bloom warns that such emotions “do poorly in a world where there are many people in need and where the effects of one’s actions are diffuse, often delayed, and difficult to compute.”

    Compare that to the parable of the Good Samaritan, which portrays ethics as an emotional, deeply personal and almost absurdly inefficient matter. Those two denarii were a weighty sum – they could have been used to beef up security on the road and prevent other robberies, rather than save a single man. Nor did the Samaritan off-load the injured man onto a local healer. He cared for him directly, the way someone might sit with a gravely ill family member.

    Neighbors and fences

    In Jesus’ time, as in our own, there was significant debate about how to understand the commandments to love one’s neighbor. One school of thought considered a “neighbor” to be a member of your community: The Book of Leviticus says not to hold grudges against fellow countrymen. Another school held that you were obligated to love even strangers who are only temporarily traveling in your land. Leviticus also declares that “The stranger who resides with you shall be to you as one of your citizens; you shall love him as yourself.”

    In the story of the Good Samaritan, Jesus seems to come down on the side of the broadest possible application of the love ethic. And by emphasizing a particular type of love – the gut-wrenching kind – Jesus seems to indicate that the way of progress in ethics is through emotions, rather than around them.

    My current work focuses on the upshots of reading this parable as a philosophical guide to ethics in our own time. For instance, if the love ethic is right, preparing students to make progress on complex social issues requires more than cost-benefit analysis. It also requires helping them to recognize and cultivate emotions, especially loving compassion.

    There are clear parallels between the original parable of the good Samaritan and pressing political issues today, especially migration – and also, I believe, polarization. His story calls closer attention to humans’ innate capacity to love beyond the limits of familiar relationships or “tribes” – and just how much is lost when we do not.

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

    – ref. Gut-wrenching love: What a fresh look at the ‘Good Samaritan’ story says for ethics today – https://theconversation.com/gut-wrenching-love-what-a-fresh-look-at-the-good-samaritan-story-says-for-ethics-today-247988

    MIL OSI – Global Reports –

  • MIL-OSI Global: Poor sleep and addiction go hand in hand − understanding how could lead to new treatments for opioid use disorder

    Source: The Conversation – USA – By Ryan Logan, Professor of Psychiatry, UMass Chan Medical School

    Whether sleep disorders worsen addiction or addiction worsens sleep disorders is unclear. Maria Korneeva/Moment via Getty Images

    A good night’s sleep often sets the stage for a positive day. But for the nearly quarter of American adults struggling with mental illness, a good night’s rest is often elusive.

    For patients with psychiatric conditions from addiction to mood disorders such as depression, disrupted sleep can often exacerbate symptoms and make it harder to stay on treatment.

    Despite the important role circadian rhythms and sleep play in addiction, neuroscientists like me are only now beginning to understand the molecular mechanisms behind these effects.

    Sleep and addictive drugs have an entangled relationship. Most addictive drugs can alter sleep-wake cycles, and sleep disorders in people using drugs are linked to addiction severity and relapse. While this poses a classic “chicken-or-egg” dilemma, it also presents an opportunity to understand how the sleep-addiction connection could unlock new treatments.

    Circadian rhythms and health

    At the center of the connection between sleep and mental health lies circadian rhythms: your body’s internal clock.

    These rhythms align your bodily functions with your environment, synchronizing your body to day and night down to the molecular level. It does this through a series of proteins that interact in a feedback loop, turning genes on and off in regular patterns to support specific functions. Although your sleep-wake cycles are the most visible expression of circadian rhythms, these rhythms orchestrate most of your physiology.

    If you have ever traveled across time zones, you have likely experienced a common form of circadian disruption called jet lag. This misalignment impairs your sleep and concentration, and can leave you feeling irritable.

    While jet lag is a temporary nuisance, chronic circadian disruption such as frequent night shifts can lead to long-term health consequences, including an increased risk of cardiovascular disease and diabetes.

    Circadian rhythms, sleep and opioid use

    A major focus of my lab is on opioid addiction, a disease that has claimed nearly 80,000 lives a year since 2021 in the U.S. and has limited treatment options.

    People addicted to opioids often experience disruptions to circadian rhythms, such as in their sleep and their levels of corticotropin, a key hormone that regulates stress. These disruptions are associated with many negative health consequences. In the short term, these disruptions can impair cognitive functions such as attention and increase negative emotions. Over time this can worsen mental and physical health. Studies of opioid addiction in mice reveal similar disruptions in sleep and various hormonal rhythms.

    Importantly, poor sleep is common throughout a person’s experience with opioid use disorder, from actively using to withdrawal from opioids, and even while on treatment. This complication can have profound consequences. Studies have linked sleep disruption to a 2.5-fold increased risk of relapse among those undergoing treatment.

    Unlocking the clock for opioid addiction

    Using brain tissue from deceased donors and experiments in mice, my team is identifying molecular changes associated with psychiatric disorders in people. We model these changes in mice to explore how they affect disease severity and behavior.

    Through genetic sequencing and computer modeling, my lab is able to profile all the RNA molecules in a brain region and understand how their rhythmicity – the peaks and troughs of their activity across the day – changes due to opioids. This provides a complete snapshot of which genes change at what time, allowing my team to peer into the molecular mechanics that may drive opioid addiction.

    Opioids can alter the activity of genes involved with sleep.
    Robert Reader/Moment via Getty Images

    For example, we looked at two brain regions strongly associated with addiction: the nucleus accumbens and the dorsolateral prefrontal cortex. We found that patients with opioid addiction had completely different gene expression patterns in these brain regions compared with those without addiction. Some genes had adopted a completely different rhythm of activity, while others had lost their rhythmicity altogether.

    Genes that lost rhythmicity included those involved in various components of the molecular clock and those linked to sleep duration. This further highlights how circadian disruption is a symptom of opioid use while beginning to uncover its underlying mechanisms.

    In work that is pending peer review, my team focused on one major gene that lost rhythmicity in patients with opioid addiction: NPAS2. This component of the molecular clock is highly active in the nucleus accumbens and important for sleep and circadian regulation. We found that blocking functional NPAS2 formation led to increased fentanyl-seeking behavior in mice. Interestingly, we observed that female mice were willing to press a lever more times than male mice to obtain fentanyl, reflecting documented sex differences in opioid addiction among people. In another study, we also found that lack of NPAS2 exacerbated sleep disruption in mice that were administered fentanyl.

    Together, our findings reinforce the role circadian rhythms play in addiction. Future work may clarify whether targeting NPAS2 could treat opioid addiction symptoms. Quality sleep isn’t just about waking up refreshed – it could also lead to reduced opioid use and fewer overdoses.

    Ryan Logan receives funding from National Institutes of Health.

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

    – ref. Poor sleep and addiction go hand in hand − understanding how could lead to new treatments for opioid use disorder – https://theconversation.com/poor-sleep-and-addiction-go-hand-in-hand-understanding-how-could-lead-to-new-treatments-for-opioid-use-disorder-242664

    MIL OSI – Global Reports –

  • MIL-OSI Global: Russia’s shrinking world: The war in Ukraine and Moscow’s global reach

    Source: The Conversation – USA – By Ronald H. Linden, Professor Emeritus of Political Science, University of Pittsburgh

    Russia President Vladimir Putin sent a guarded message of congratulations to Donald Trump on inauguration day, but then held a long direct call with his “dear friend,” Chinese leader Xi Jinping.

    From Putin’s perspective, this makes sense. Russia gets billions of dollars from energy sales to China and technology from Beijing, but from Washington, until recently, mostly sanctions and suspicion.

    Moscow is hoping for a more positive relationship with the current White House occupant, who has made his desire for a “deal” to end the Ukraine war well known.

    But talk of exit scenarios from this 3-year-old conflict should not mask the fact that since the invasion began, Putin has overseen one of the worst periods in Russian foreign policy since the end of the Cold War.

    Transatlantic unity

    The war in Ukraine has foreclosed on options and blunted Russian action around the world.

    Unlike the annexation of Crimea in 2014, the 2022 invasion produced an unprecedented level of transatlantic unity, including the expansion of NATO and sanctions on Russian trade and finance. In the past year, both the U.S. and the European Union expanded their sanction packages.

    And for the first time, the EU banned the re-export of Russian liquefied natural gas and ended support for a Russian LNG project in the Arctic.

    EU-Russian trade, including European imports of energy, has dropped to a fraction of what it was before the war.

    The two Nordstrom pipelines, designed to bring Russian gas to Germany without transiting East Europe, lie crippled and unused. Revenues from energy sales are roughly one-half of what they were two years ago.

    At the same time, the West has sent billions in military and humanitarian aid to Ukraine, enabling a level of resilience for which Russia was unprepared. Meanwhile, global companies and technical experts and intellectuals have fled Russia in droves.

    While Russia has evaded some restrictions with its “shadow fleet” – an aging group of tankers sailing under various administrative and technical evasions – the country’s main savior is now China. Trade between China and Russia has grown by nearly two-thirds since the end of 2021, and the U.S. cites Beijing as the main source of Russia’s “dual use” and other technologies needed to pursue its war.

    Since the start of the war in Ukraine, Russia has moved from an energy-for-manufactured-goods trade relationship with the West to one of vassalage with China, as one Russia analyst termed it.

    Hosting an October meeting of the BRICS countries – now counting 11 members, including the five original members: Brazil, Russia, India, China and South America – is unlikely to compensate for geopolitical losses elsewhere.

    Russian President Vladimir Putin and China President Xi Jinping toast their friendship in March 2023.
    Pavel Byrkin/AFP via Getty Images

    Problems at home …

    The Russian economy is deeply distorted by increased military spending, which represents 40% of the budget and 25% of all spending. The government now needs the equivalent of US$20 billion annually in order to pay for new recruits.

    Russian leaders must find a way to keep at least some of the population satisfied, but persistent inflation and reserve currency shortages flowing directly from the war have made this task more difficult.

    On the battlefield, the war itself has killed or wounded more than 600,000 Russian soldiers. Operations during 2024 were particularly deadly, producing more than 1,500 Russian casualties a day.

    The leader who expected Kyiv’s capitulation in days now finds Russian territory around Kursk occupied, its naval forces in the Black Sea destroyed and withdrawn, and its own generals assassinated in Moscow.

    But probably the greatest humiliation is that this putative great power with a population of 144 million must resort to importing North Korean troops to help liberate its own land.

    … and in its backyard

    Moscow’s dedication to the war has affected its ability to influence events elsewhere, even in its own neighborhood.

    In the Caucasus, for example, Russia had long sided with Armenia in its running battle with Azerbaijan over boundaries and population after the collapse of the Soviet Union.

    Moscow has brokered ceasefires at various points. But intermittent attacks and territorial gains for Azerbaijan continued despite the presence of some 2,000 Russian peacekeepers sent to protect the remaining Armenian population in parts of the disputed territory of Nagorno-Karabakh.

    In September 2023, Azerbaijan’s forces abruptly took control of the rest of Nagorno-Karabakh. More than 100,000 Armenians fled in the largest ethnic cleansing episode since the end of the Balkan Wars. The peacekeepers did not intervene and later withdrew. The Russian military, absorbed in the bloody campaigns in Ukraine, could not back up or reinforce them.

    The Azeris’ diplomatic and economic position has gained in recent years, aided by demand for its gas as a substitute for Russia’s and support from NATO member Turkey.

    Feeling betrayed by Russia, the Armenian government has for the first time extended feelers toward the West — which is happy to entertain such overtures.

    Losing influence and friends

    Russia’s loss in the Caucasus has been dwarfed by the damage to its military position and influence in the Middle East. Russia supported the Syrian regime of Bashar al-Assad against the uprisings of the Arab Spring in 2011 and saved it with direct military intervention beginning in 2015.

    Yet in December 2024, Assad was unexpectedly swept away by a mélange of rebel groups. The refuge extended to Assad by Moscow was the most it could provide with the war in Ukraine having drained Russia’s capacity to do more.

    Russia’s possible withdrawal from the Syrian naval base at Tartus and the airbase at Khmeimim would remove assets that allowed it to cooperate with Iran, its key strategic partner in the region.

    More recently, Russia’s reliability as an ally and reputation as an armory has been damaged by Israeli attacks not only on Hezbollah and other Iranian-backed forces in Lebanon and Syria, but on Iran itself.

    Russia’s position in Africa would also be damaged by the loss of the Syrian bases, which are key launch points for extending Russian power, and by Moscow’s evident inability to make a difference on the ground across the Sahel region in north-central Africa.

    Dirty tricks, diminishing returns

    Stalemate in Ukraine and Russian strategic losses in Syria and elsewhere have prompted Moscow to rely increasingly on a variety of other means to try to gain influence.

    Disinformation, election meddling and varied threats are not new and are part of Russia’s actions in Ukraine. But recent efforts in East Europe have not been very productive. Massive Russian funding and propaganda in Romania, for example, helped produce a narrow victory for an anti-NATO presidential candidate in December 2024, but the Romanian government moved quickly to expose these actions and the election was annulled.

    Nearby Moldova has long been subject to Russian propaganda and threats, especially during recent presidential elections and a referendum on stipulating a “European course” in the constitution. The tiny country moved to reduce its dependency on Russian gas but remains territorially fragmented by the breakaway region of Transnistria that, until recently, provided most of the country’s electricity.

    Despite these factors, the results were not what Moscow wanted. In both votes, a European direction was favored by the electorate. When the Transnistrian legislature in February 2024 appealed to Moscow for protection, none was forthcoming.

    When Moldova thumbs its nose at you, it’s fair to say your power ranking has fallen.

    Wounded but still dangerous

    Not all recent developments have been negative for Moscow. State control of the economy has allowed for rapid rebuilding of a depleted military and support for its technology industry in the short term. With Chinese help and evasion of sanctions, sufficient machinery and energy allow the war in Ukraine to continue.

    And the inauguration of Donald Trump is likely to favor Putin, despite some mixed signals. The U.S. president has threatened tariffs and more sanctions but also disbanded a Biden-era task force aimed a punishing Russian oligarchs who help Russia evade sanctions. In the White House now is someone who has openly admired Putin, expressed skepticism over U.S. support for Ukraine and rushed to bully America’s closest allies in Latin America, Canada and Europe.

    Most importantly, Trump’s eagerness to make good on his pledge to end the war may provide the Russian leader with a deal he can call a “victory.”

    The shrinking of Russia’s world has not necessarily made Russia less dangerous; it could be quite the opposite. Some Kremlin watchers argue that a more economically isolated Russia is less vulnerable to American economic pressure. A retreating Russia and an embattled Putin could also opt for even more reckless threats and actions – for example, on nuclear weapons – especially if reversing course in Ukraine would jeopardize his position. It is, after all, Putin’s war.

    All observers would be wise to note that the famous dictum “Russia is never as strong as she looks … nor as weak as she looks” has been ominously rephrased by Putin himself: “Russia was never so strong as it wants to be and never so weak as it is thought to be.”

    Ronald H. Linden has in the past received funding from Fulbright, DAAD, German Marshall Fund, National Council for Eurasian and East European Research, Woodrow Wilson Center, US Institute of Peace.

    – ref. Russia’s shrinking world: The war in Ukraine and Moscow’s global reach – https://theconversation.com/russias-shrinking-world-the-war-in-ukraine-and-moscows-global-reach-247754

    MIL OSI – Global Reports –

  • MIL-OSI Global: Are animals smart? From dolphin language to toolmaking crows, lots of species have obvious intelligence

    Source: The Conversation – USA – By Leticia Fanucchi, Clinical Assistant Professor of Veterinary Clinical Sciences, Oklahoma State University

    Dolphins communicate using a sophisticated combination of clicks and whistles. Stephen Frink/The Image Bank via Getty Images

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

    Are animals smart? – Deron

    It’s a fascinating question that intrigues millions of pet owners, animal lovers, veterinarians and scientists all over the world: Just how smart are animals?

    Scientists once believed a brain with billions of neurons was a requirement for intelligence. After all, that’s why you’re able to think – neurons are the nerve cells in the brain that connect and transmit messages to each other.

    For the record, the human brain has about 86 billion neurons. For comparison, dogs and cats have less than one billion.

    Yet the more that scientists like me study animal emotion and cognition – the ability to learn through experiences and thinking – the more we find that humans are not very special at all. Many nonhuman species can do these things too.

    Right now, there’s no agreement on how to decide whether a particular animal species is intelligent. But most scientists who study animal cognition have observed that many animals are able to solve problems, use tools, recall important information about their environment and recognize themselves in the mirror.

    Measuring an animal’s intelligence is harder than you might think.

    Toolmaking bears and crows

    Memory is a marker of intelligence. Of all animals, humans possess the most accurate and sophisticated memory. But elephants can recognize as many as 30 traveling companions at a time. They also learn to migrate away from drought-prone areas, based on memories of earlier droughts.

    That kind of recall – known as episodic memory – is the ability to remember an event, including when and where it occurred. Until recently, scientists thought only humans had it. But now researchers have learned that some birds, cats, rats, monkeys and dolphins have it too.

    Crows are among the smartest of animals.
    Santiago Urquijo/Moment via Getty Images

    Animals may not remember every experience – neither do people – but they do recall things critical to their survival. For example, birds know where they stored food. Monkeys know the presence of a predator.

    Scientists once thought tool use was an exclusively human ability, but that’s not so. Chimpanzees use sticks to catch termites and stones to crack nuts open. Crows can even manufacture tools. By bending a wire, they can make a hook to retrieve a food reward that’s otherwise out of reach.

    Researchers presented eight captive brown bears with this food challenge: Three objects – a large log, a small log and a box – were placed in an outdoor enclosure. A food reward was suspended above them. Six of the eight bears were able to move the logs and box into positions that enabled them to fetch the reward. Essentially, they used the three objects as tools.

    Chimps use gestures and facial expressions to communicate.

    Dolphin, chimpanzee communication

    Language is another measure of intelligence. People, of course, have enormously sophisticated communication skills. But dolphins have complex dialects in the form of crackles, squeaks and whistles. Many researchers say the noises are a language. Chimpanzees and gorillas have used sign language to express emotions and ask for things from people.

    Self-awareness – the ability to recognize yourself as an individual – signals intelligence. Babies don’t recognize themselves in the mirror until they are about a year and a half old. Up until then, they probably think the mirror image they see is another baby.

    Many other species, including dolphins, ravens and elephants, recognize themselves in the mirror. Researchers put a red dye mark on chimpanzees under anesthesia; once awake, the chimps saw their reflection in a mirror. Instead of touching the red mark on their reflection in the glass, they touched the red mark on themselves, indicating self-recognition.

    Just because animals can’t do certain things, it doesn’t mean they’re unintelligent. After all, humans can’t fly like a bird or swim like a fish. Nor is there a need for us to have the incredible sense of smell a dog has. We’d be sniffing hundreds of different smells from miles away – the scents from perfumes and pollution, gardens and garbage. From an evolutionary standpoint, that wouldn’t help us much. Plus, we’d get sick of it very quickly.

    But all animals, including humans, have developed a wide range of capabilities so they can succeed in the environment they live in. Put simply, we’re all using our brains. Now that’s intelligent.

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

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

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

    – ref. Are animals smart? From dolphin language to toolmaking crows, lots of species have obvious intelligence – https://theconversation.com/are-animals-smart-from-dolphin-language-to-toolmaking-crows-lots-of-species-have-obvious-intelligence-230378

    MIL OSI – Global Reports –

  • MIL-OSI Global: Here’s how researchers are helping AIs get their facts straight

    Source: The Conversation – USA – By Lu Wang, Associate Professor of Computer Science and Engineering, University of Michigan

    AI chatbots need help learning to give accurate answers. CreativaImages/iStock via Getty Images

    AI has made it easier than ever to find information: Ask ChatGPT almost anything, and the system swiftly delivers an answer. But the large language models that power popular tools like OpenAI’s ChatGPT or Anthropic’s Claude were not designed to be accurate or factual. They regularly “hallucinate” and offer up falsehoods as if they were hard facts.

    Yet people are relying more and more on AI to answer their questions. Half of all people in the U.S. between the ages of 14 and 22 now use AI to get information, according to a 2024 Harvard study. An analysis by The Washington Post found that more than 17% of prompts on ChatGPT are requests for information.

    One way researchers are attempting to improve the information AI systems give is to have the systems indicate how confident they are in the accuracy of their answers. I’m a computer scientist who studies natural language processing and machine learning. My lab at the University of Michigan has developed a new way of deriving confidence scores that improves the accuracy of AI chatbot answers. But confidence scores can only do so much.

    Popular and problematic

    Leading technology companies are increasingly integrating AI into search engines. Google now offers AI Overviews that appear as text summaries above the usual list of links in any search result. Other upstart search engines, such as Perplexity, are challenging traditional search engines with their own AI-generated summaries.

    The convenience of these summaries has made these tools very popular. Why scour the contents of multiple websites when AI can provide the most pertinent information in a few seconds?

    AI tools seem to offer a smoother, more expedient avenue to getting information. But they can also lead people astray or even expose them to harmful falsehoods. My lab has found that even the most accurate AI models hallucinate in 25% of claims. This hallucination rate is concerning because other research suggests AI can influence what people think.

    It bears emphasizing: AI chatbots are designed to sound good, not give accurate information.

    Language models hallucinate because they learn and operate on statistical patterns drawn from a massive amount of text data, much of which comes from the internet. This means that they are not necessarily grounded in real-world facts. They also lack other human competencies, like common sense and the ability to distinguish between serious expressions and sarcastic ones.

    All this was on display last spring, when a user asked Google’s AI Overviews tool to suggest a way to keep cheese from sliding off a pizza. The tool promptly recommended mixing the cheese with glue. It then came to light that someone had once posted this obviously tongue-in-cheek recommendation on Reddit. Like most large language models, Google’s model had likely been trained with information scraped from myriad internet sources, including Reddit. It then mistakenly interpreted this user’s joke as a genuine suggestion.

    While most users wouldn’t take the glue recommendation seriously, some hallucinated information can cause real harm. AI search engines and chatbots have repeatedly been caught citing debunked, racist pseudoscience as fact. Last year, Perplexity AI stated that a police officer in California was guilty of a crime that he did not commit.

    Showing confidence

    Building AI systems that prioritize veracity is challenging, but not impossible. One way AI developers are approaching this problem is to design models that communicate their confidence in their answers. This typically comes in the form of a confidence score – a number indicating how likely it is that a model is providing accurate information. But estimating a model’s confidence in the content it provides is also a complicated task.

    How confidence scores work in machine learning.

    One common approach to making this estimate involves asking the model to repeatedly respond to a given query. If the model is reliable, it should generate similar answers to the same query. If it can’t answer consistently, the AI is likely lacking the information it needs to answer accurately. Over time, the results of these tests become the AI’s confidence scores for specific subject areas.

    Other approaches evaluate AI accuracy by directly prompting and training models to state how confident they are in their answers. But this offers no real accountability. Allowing an AI to evaluate its own confidence leaves room for the system to give itself a passing grade and continue to offer false or harmful information.

    My lab has designed algorithms that assign confidence scores by breaking down a large language model’s responses into individual claims that can be automatically cross-referenced with Wikipedia. We assess the semantic equivalence between the AI model’s output and the referenced Wikipedia entries for the assertions. Our approach allows the AI to quickly evaluate the accuracy of all its statements. Of course, relying on Wikipedia articles, which are usually but not always accurate, also has its limitations.

    Publishing confidence scores along with a model’s answers could help people to think more critically about the veracity of information that these tools provide. A language model can also be trained to withhold information if it earns a confidence score that falls below a set threshold. My lab has also shown that confidence scores can be used to help AI models generate more accurate answers.

    Limits of confidence

    There’s still a long way to go to ensure truly accurate AI. Most of these approaches assume that the information needed to correctly evaluate an AI’s accuracy can be found on Wikipedia and other online databases.

    But when accurate information is just not that easy to come by, confidence estimates can be misleading. To account for cases like these, Google has developed special mechanisms for evaluating AI-generated statements. My lab has similarly compiled a benchmarking dataset of prompts that commonly cause hallucinations.

    But all these approaches verify basic facts – there are no automated methods for evaluating other facets of long-form content, such as cause-and-effect relationships or an AI’s ability to reason over text consisting of more than one sentence.

    Developing tools that improve these elements of AI are key steps toward making the technology a source of trustworthy information – and avoid the harms that misinformation can cause.

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

    – ref. Here’s how researchers are helping AIs get their facts straight – https://theconversation.com/heres-how-researchers-are-helping-ais-get-their-facts-straight-245463

    MIL OSI – Global Reports –

  • MIL-OSI Russia: Financial news: The deposit auction of the Moscow Small Business Lending Assistance Fund will take place on 10.02.2025

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters;

    The date of the deposit auction is 10.02.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 150,000,000.00. Placement period, days 9. Date of depositing funds is 10.02.2025. Date of return of funds is 19.02.2025. Minimum placement interest rate, % per annum is 19.80. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 150,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). Basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 12:00 to 12:10. Applications in competition mode from 12:10 to 12:15. Setting a cut-off percentage or declaring the auction invalid before 12:25.

    Additional conditions – Placement of funds with the possibility of early withdrawal of the entire deposit amount and payment of interest accrued on the deposit amount at the rate established by the deposit transaction, in the event of non-compliance of the Bank with the requirements established by clause 2.1. of the Regulation “On the procedure for selecting banks for placing funds of the Moscow Small Business Lending Assistance Fund in deposits (deposits) under the GDS” (as amended on the date of the deposit transaction), early withdrawal at the “on demand” rate, payment of interest at the end of the term, without replenishment.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.Mom/N77521

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial News: Recognition of Foreign Credit Rating Agencies in Russia

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    The regulator has determined criteria, which a foreign credit rating agency (CRA) must comply with so that its ratings can be used in regulatory acts and other documents of the Bank of Russia. Recognition of foreign ratings will expand opportunities for the free movement of capital and services in the international financial market.

    In order to receive approval from the Russian regulator, a foreign CRA must have at least 5 years of experience in the market and a capital of at least 50 million in ruble equivalent. Its methodology contains quantitative and qualitative assessments of creditworthiness, makes it possible to verify the reliability of credit ratings, including on the basis of historical data. Such an agency also adheres to the principles of corporate governance, complies with the conditions for disclosure of information and does not allow conflicts of interest. In total, the Bank of Russia has defined 19 criteria.

    Ratings of foreign CRAs that meet these criteria may be used by the Bank of Russia in regulation only in relation to foreign objects rated on an international scale.

    Preview photo: Kirill Neiezhmakov / Shutterstock / Fotodom

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 23359

    MIL OSI Russia News –

  • MIL-OSI Russia: Dmitry Chernyshenko: The creation of a network of advanced schools is a strategic step into the future of our country

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Chernyshenko at a meeting of the Coordination Council under the Government for the creation of advanced general education organizations

    February 10, 2025

    Dmitry Chernyshenko at a meeting of the Coordination Council under the Government for the creation of advanced general education organizations

    February 10, 2025

    Minister of Education Sergey Kravtsov at a meeting of the Coordination Council under the Government for the creation of advanced general education organizations

    February 10, 2025

    Meeting of the Coordination Council under the Government on the creation of advanced general education organizations

    February 10, 2025

    Meeting of the Coordination Council under the Government on the creation of advanced general education organizations

    February 10, 2025

    Previous news Next news

    Dmitry Chernyshenko at a meeting of the Coordination Council under the Government for the creation of advanced general education organizations

    A meeting of the Coordination Council under the Government for the creation of advanced general education organizations was held under the chairmanship of Deputy Chief of Staff of the Presidential Administration Maxim Oreshkin and Deputy Prime Minister Dmitry Chernyshenko.

    Maxim Oreshkin recalled that President Vladimir Putin in his Address to the Federal Assembly instructed that no less than 12 advanced schools be created by 2030.

    “The creation of such schools is planned in each federal district under the national project “Youth and Children”. They will help prepare a personnel reserve for knowledge-intensive and high-tech sectors of the economy. This is not just a matter of building 12 more schools, it should be a strategic step into the future of our country. At a meeting of the Coordination Council under the Government of Russia, a decision was made to approve the presented concept of advanced general education organizations. It is important that within its framework, not only the scientific, educational and infrastructural component will be worked out, but also issues of educational work, teacher training and assessment of student success,” noted Dmitry Chernyshenko.

    The implementation of such a large-scale project requires synchronization of efforts of all participants in the process: the state, society, educational institutions and business. The Ministry of Education, together with regions, universities and social partners, is already preparing mechanisms for these changes.

    Education Minister Sergei Kravtsov announced that the first three flagship schools will open in the Novgorod, Ryazan and Pskov regions.

    “The project to create flagship schools is not easy, but it is very important for our country. These will be schools for talented children in all federal districts. We plan to open the first three educational organizations on September 1, 2027. Graduates will develop domestic science and economics, and we set the goal of 100% employment of students in leading companies. These institutions will become methodological centers for schools in all federal districts and will disseminate the best pedagogical practices,” said Sergey Kravtsov.

    Children will study in flagship schools from grades 7 to 11 and undergo annual knowledge assessment, and teachers will undergo qualification testing. Teachers will be provided with decent salaries. The creation of a network of schools involves mutual exchange between students and teachers from different regions.

    First Deputy Minister of Construction and Housing and Communal Services Alexander Lomakin presented information on the progress of construction of advanced general education institutions in the Novgorod, Pskov and Ryazan regions. In addition, advanced schools are planned to be created in the Belgorod, Nizhny Novgorod regions and other regions.

    The acting governor of the Novgorod region, Alexander Dronov, the governor of the Pskov region, Mikhail Vedernikov, and the governor of the Ryazan region, Pavel Malkov, also spoke in detail about the creation of schools.

    The head of the educational foundation “Talent and Success” Elena Shmeleva noted the experience of “Sirius” in developing the federal territory around the educational center “Sirius”.

    The meeting was also attended by Presidential Aide Vladimir Medinsky, Rector of the National Research University Higher School of Economics Nikita Anisimov, governors of the Belgorod, Omsk, Chelyabinsk, Murmansk regions, Krasnodar Krai, heads of the Republic of Crimea and the Karachay-Cherkess Republic, representatives of the Ministry of Construction, the Ministry of Finance, the Ministry of Economic Development, the Ministry of Digital Development, and Rosobrnadzor.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI: ITS Logistics Unveils DropFleet to Serve Complex Drop Trailer and Trailer Pool Solutions

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., Feb. 10, 2025 (GLOBE NEWSWIRE) — ITS Logistics, one of the fastest-growing logistics companies in the United States, has unveiled DropFleet, a premium trailer pool and drop trailer solution. DropFleet delivers cost-effective dedicated capacity and flexible, on-demand transportation anywhere by combining power-only services with ITS trailers. 

    Tailor-made for businesses with complex and time-sensitive supply chains, DropFleet provides value for those in the ecommerce, automotive, retail, manufacturing, and technology sectors. As a leader in freight brokerage—ranked #19 nationally—ITS Logistics leverages its flexible and scalable hybrid capacity model to address some of the most pressing challenges in the logistics industry, including dramatic fluctuations in demand, peak season surges, asset visibility, and carrier management.

    “Over 40% of our volume includes dense, complex drop trailer projects,” said Josh Allen, CCO of ITS Logistics. “We designed DropFleet as a dynamic, asset-smart solution that provides our customers with a reliable and universal service capable of meeting their unique supply chain needs.”

    ITS has implemented the offering for some of its most demanding clients, including a top ten automotive manufacturer that employs a fleet of 200 specially-modified ITS trailers across 70 daily lanes. By leveraging an asset-lite approach to keep trailers on site, the company has resolved live loading challenges, streamlined operations, and achieved a 98% on-time delivery rate.

    “Our reach extends beyond our owned equipment to that of our carrier partners, giving us massive flexibility and scale into every major U.S. market,” continued Allen.

    With DropFleet, shippers can take advantage of several key benefits, including:

    • Dedicated Capacity: Secure, reliable transportation assets when and where they are needed most
    • Enhanced Visibility: Real-time tracking capabilities ensure precise asset management and shipment tracking
    • Scalability and Flexibility: Adjust trailer usage seamlessly to accommodate peak seasons and inventory surges
    • Fraud Protection: Robust fraud prevention measures and comprehensive carrier vetting that surpasses industry standards

    “We’ve seen increasing demand from customers for these flexible solutions that provide them more control over their supply chain operations,” Allen continued. “DropFleet is a direct response to that demand. We’re excited to continue improving and scaling this offering with AI-driven technology, a highly vetted carrier network, a rapidly expanding footprint, and an experienced team to set a new standard for drop trailer and trailer pool services.”

    For more information about DropFleet and ITS Logistics’ comprehensive service offerings, visit https://www.its4logistics.com/services.

    About ITS Logistics

    ITS Logistics is one of North America’s fastest-growing, asset-based modern 3PLs, providing solutions for the industry’s most complicated supply chain challenges. With a people-first culture committed to excellence, the company relentlessly strives to deliver unmatched value through best-in-class service, expertise, and innovation. The ITS Logistics portfolio features North America’s #19 asset-lite freight brokerage, the #12 drayage and intermodal solution, a top 50 dedicated fleet, an innovative cloud-based technology ecosystem, and a nationwide distribution and fulfillment network.

    Media Contact
    Amber Good
    LeadCoverage
    amber@leadcoverage.com

    The MIL Network –

  • MIL-OSI: Thomas Kimsey, President and CEO of Thomas Financial Group Appointed as Associate Administrator for Capital Access, Small Business Administration

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., Feb. 10, 2025 (GLOBE NEWSWIRE) — Community Bankshares, Inc. congratulates Thomas Kimsey, President and CEO of Thomas Financial Group, on his appointment by President Trump to the Small Business Administration (SBA) as Associate Administrator for the Office of Capital Access. Thomas Financial Group is a subsidiary of Community Bankshares, Inc.

    During this distinguished assignment, Mr. Kimsey will take a leave of absence from his role as President and CEO of Thomas Financial Group to dedicate himself to this prestigious and impactful appointment. An interim president will be named shortly to ensure continuity and the ongoing success of the company during his absence.

    “We are immensely proud of Thomas Kimsey’s commitment to serving his country in this critical role,” said Jeremy Gilpin, Chairman of the Board of Community Bankshares, Inc. “His extensive experience and passion for supporting small businesses make him uniquely qualified to improve the SBA’s ability to drive economic growth and create opportunities for entrepreneurs nationwide.”

    “Thomas Kimsey has been a visionary leader at Thomas Financial Group, and while we will miss his daily leadership, we are honored to see him take on this national responsibility,” said Chris Hurn, President of Community Bankshares, Inc. “His commitment to improving the landscape for small businesses will leave a lasting impact on the SBA and the entrepreneurs it serves.”

    Mr. Kimsey’s appointment reflects his unwavering dedication to strengthening the small business sector and empowering underserved communities. As Associate Administrator for Capital Access, he will work to enhance SBA programs and policies that support small businesses, ensuring they have the resources and access to capital needed to succeed in today’s competitive economy. The entire team at Community Bankshares, Inc. wishes him well in this important endeavor.

    About Thomas Financial Group

    Thomas Financial Group, based in Atlanta, Georgia, is now a subsidiary of Community Bankshares, Inc. and a nationally recognized leader in commercial lending solutions. Specializing in USDA and SBA programs, the company has a proven track record of empowering businesses, strengthening rural and underserved communities, and advancing government-guaranteed lending.

    About Community Bankshares, Inc.

    Headquartered in LaGrange, Georgia, Community Bankshares, Inc. is the parent company of Community Bank & Trust and a network of financial service subsidiaries. Phoenix Lender Services (PHX) is a subsidiary of Community Bankshares, Inc. whose mission is redefining the way lending capital is provided across America, in a manner that promotes business stability and encourages community prosperity. The company serves a diverse clientele across the nation, fostering growth, opportunity, and collaboration.

    Media Contact:

    Hannah Williams
    Uproar by Moburst for Community Bankshares, Inc.
    hannah.williams@moburst.com

    The MIL Network –

  • MIL-OSI: Parker Announces Retirement of EMEA President Joachim Guhe, Appoints Thomas Ottawa as Successor

    Source: GlobeNewswire (MIL-OSI)

    CLEVELAND, Feb. 10, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that Joachim Guhe, President – Europe, Middle East and Africa (EMEA) Group, will retire after 32 years of dedicated service. Mr. Guhe will step down from his current role on June 30, 2025, but continue with the company until August 31, 2025, to ensure a successful leadership transition.

    The company has appointed Thomas Ottawa, currently Vice President of Operations – Motion Systems Group Europe, to succeed Mr. Guhe as President – Europe, Middle East and Africa (EMEA) Group, effective July 1, 2025.

    “In the more than three decades he spent with us, Joachim progressed from an entry level role to head of the critically important EMEA region, and then led EMEA through improvements that drove operational excellence and led to significant growth and margin expansion,” said Andy Ross, President and Chief Operating Officer. “In addition to his many contributions over the years, we thank Joachim for a career that exemplifies Parker leadership and wish him the very best in retirement.” 

    Mr. Guhe joined Parker in 1993 as a Product Cost Accountant in Bielefeld, Germany. He progressed through increasingly senior roles across Parker’s Fluid Connectors, Engineered Materials and Filtration Groups, including as division General Manager and Vice President of Operations. In his current role as EMEA President, he has been responsible for leading Parker’s sales companies and commercial operations in the region, as well as its HR, Finance, IT, Marketing and Supply Chain functions. 

    Commenting on Mr. Ottawa’s new role as President for the EMEA Region, Mr. Ross said, “Thomas will take on this important leadership role with nearly 30 years of Parker experience, a deep knowledge of our global operations and a proven record of success.” He added, “We are highly confident the EMEA region will continue to thrive under his guidance and are fortunate to have such a strong leader to drive our performance to even greater levels.”

    Mr. Ottawa joined Parker in 1995 as a Graduate Trainee with the Fluid Connectors Group Europe, where he held positions of increasing responsibility, including as division General Manager. He became General Manager of the Prädifa Technology Division in 2015. Mr. Ottawa was promoted to his current role as Vice President of Operations – Motion Systems Group EMEA in 2019 and has been instrumental in improving the group’s financial performance and driving profitable growth in the region. In his new role as EMEA President, he will oversee nearly 14,000 team members across 22 countries. He holds a Master’s degree in Mechanical Engineering from the University of Bochum in Germany.

    About Parker Hannifin
    Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.

    ###

    The MIL Network –

  • MIL-OSI: Imperial Petroleum Inc. Announces the Date for the Release of Fourth Quarter and Twelve Months 2024 Financial and Operating Results, Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    ATHENS, Greece, Feb. 10, 2025 (GLOBE NEWSWIRE) — Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its fourth quarter and twelve months financial results for the period ended December 31, 2024 before the market opens in New York on February 13, 2025.

    On February 13, 2025 at 10:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.

    Conference Call details:

    Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.

    Online Registration:

    https://register.vevent.com/register/BI127dcd86b3bd4efc8d71152e3b8a8800

    Slides and audio webcast:

    There will also be a live and then archived webcast of the conference call, through the IMPERIAL PETROLEUM INC. website (www.imperialpetro.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    ABOUT IMPERIAL PETROLEUM INC.

    IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services. The Company owns a total of twelve vessels on the water – seven M.R. product tankers, two suezmax tankers and three handysize drybulk carriers – with a total capacity of 751,000 deadweight tons (dwt), and has contracted to acquire an additional seven drybulk carriers of 443,000 dwt aggregate capacity. Following these deliveries, the Company’s fleet will count a total of 19 vessels. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.

    Company Contact:
    Fenia Sakellaris
    IMPERIAL PETROLEUM INC.
    info@imperialpetro.com

    The MIL Network –

  • MIL-OSI Economics: Samsung To Feature Hylex™ in HVAC Lineup Showcased at AHR Expo

    Source: Samsung

     
    Samsung Electronics today announced it will showcase its comprehensive Heating, Ventilating and Air-Conditioning (HVAC) product lineup at the 2025 International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo) to be held Feb. 10-12 in Orlando, Florida. At booth 6043, the company will introduce key products — including Hylex universal inverter-driven heat pumps (premium and standard series), EHS Mono air-to-water heat pumps and R32-based DVM S2 variable refrigerant flow (VRF) systems — across four different zones (Featured Products, Light Commercial, Commercial and Residential / Controls / Compressor).
     
    Held at the Orange County Convention Center, the AHR Expo is co-sponsored by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) and the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE). Since its inception in 1930, the expo has been regarded as the industry’s biggest and best event for OEMs, engineers, contractors and other trade professionals, making it an ideal venue for the company to demonstrate its latest HVAC technologies and products.
     
    “The AHR Expo serves as an annual bellwether for the industry, which is why we’ve decided to introduce cutting-edge products like the Hylex series of heat pumps at this event, said Hank Choi, Corporate VP and Head of Air Solution Business Team, Digital Appliances (DA) Business at Samsung Electronics. “We are confident that the newest iterations of Samsung’s innovative HVAC technology will help to uplift the user experience across consumer and commercial applications around the globe.”
     
     
    Hylex Heat Pumps Are True Game Changers for Residential HVAC

     
    As a universal inverter-driven heat pump, Hylex has been designed to revolutionize HVAC through seamless installation and high efficiency. Hylex systems can utilize existing refrigerant piping and provide different piping options for even greater installation flexibility during replacement applications. To further reduce installation costs, they can also use existing control wiring and are compatible with most 24VAC thermostats. Available in the Premium, Deluxe+, and Deluxe series, Hylex also offers built-in Wi-Fi for energy and unit monitoring through SmartThings.1
     

    EHS Mono Brings Water Heating With Low Noise

     
    Comprising a ClimateHub or Hydro indoor unit and one EHS Mono HT outdoor unit, Samsung’s EHS Mono is a water-heating solution with enhanced capabilities that caters to user needs, even at extreme outside temperatures. The combination of various advanced features allows it to achieve a hot water temperature of up to 158°F (70°C) with an operating range of -13°F to 95°F (-25°C to 35°C).
     
    On the engineering level, the EHS Mono HT Quiet’s has a flash injection compressor that enhances heating performance at low temperatures through increased refrigerant mass flow. The heat pump also benefits from new noise-reducing technologies, which allow it to operate at noise levels as low as 35 dB(A) at three meters (10 feet) in low noise mode.
     
     
    DVM S2 Offers Next-Gen Variable Refrigerant Flow (VRF) Performance

     
    The DVM S2, which is the latest generation of Samsung’s Variable Refrigerant Flow (VRF) systems, has been designed to deliver energy efficiency along with excellent heating and cooling performance. The system optimizes heating cycles by analyzing fan motor currents and temperature data, reducing defrost duration and improving comfort. Additionally, high- and low-pressure control ensures precise system adjustments, automatically recognizing pipe lengths and optimizing pressure levels to reduce the energy used by the compressor by up to 15%.2
     
    Furthermore, the DVM S2 uses data from various sensors to determine the ideal amount of refrigerant and detect refrigerant volume so that it can ensure improved performance3 and provide early warnings for maintenance. It also brings reduced liquid pipe diameters to lower the overall system charge by 28% on average,4 making the system more efficient and cost-effective.
     
    To find out more about Samsung’s HVAC systems, visit https://www.samsunghvac.com/.

     
     
    1 Available for download on the Google Play store and App Store®. A network connection is required. Samsung application account is necessary.3 Conditions apply. Refer to technical documents for more information.3 Requires an initial dedicated refrigerant check function during commissioning.4 Restrictions apply.

    MIL OSI Economics –

  • MIL-OSI Video: USAR 2024: At HOME and ABROAD

    Source: US Army (video statements)

    : Have a look at the efforts of the U.S. Army Reserve’s work at home and abroad.

    About the U.S. Army:
    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: spr.ly/6001igl5L

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    X: https://www.twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    #USArmy #Soldiers #Military #USAR

    https://www.youtube.com/watch?v=My-vbM_ikOE

    MIL OSI Video –

  • MIL-OSI United Kingdom: The iconic Austin 7 is back

    Source: Anglia Ruskin University

    By Tom Stacey, Anglia Ruskin University

    In perhaps one of the greatest brand comeback stories in automotive since the Fiat 500 in 2007, British car company Austin announced the return of the Austin Arrow.

    Its name is an unashamed reference to one of the most memorable Austin 7 models – first introduced in the 1920s the Arrow was the original “everyman sportscar”, before the muscle cars (think of the Dodge Challenger) of the US became popular in the 1960s. Now reimagined as an electric Vehicle (EV), the Arrow is designed and made in the UK and aims to be to 2020s consumers what the original was 90 years ago.

    A number of cars are synonymous with the British car industry. In fact, as a small nation, Britain punches above its weight when it comes to classic automobile brands – The Mini, the Range Rover, London black cabs, James Bond’s Aston Martins, and even the London red bus. However, if one car can be credited for creating the dawn of the motor vehicle in the UK, it would be the diminutive Austin 7.

    The car was created in the 1920s at the time when Austin was struggling. New laws were pushing manufacturers to produce smaller, less powerful cars. But Austin’s board of directors didn’t support a cheap, small car with low profit margins. Austin was known for its larger, luxury products.

    However, Sir Herbert Austin and his 18-year-old apprentice Stanley Edge decided to secretly create a small car. Thank god they didn’t heed the board, because they ended up creating the greatest democratising automotive product Britain had ever seen (until they repeated it with the Austin Mini).

    The reason why products such as the Austin 7 come to define their period is rarely due to their technical prowess or exhilarating performance – it’s because they bring to the masses a technology that is both useful and traditionally seen as out of reach.

    The Austin 7 was a bit like the iPhone. There were smartphones that came before it, like the Sony Ericsson p800. However, these were considered expensive and out of reach for the average consumer. The Iphone did the same thing but at a cheaper price and so came to be the definitive smartphone.

    With the Austin 7, Herbert Austin’s team applied the key lessons from Ford’s Model T – creating a simple, modestly powered car with just enough features for mass appeal while incorporating clever design elements that earned the respect of car enthusiasts.

    When the Austin 7 was unveiled in July 1922, it was priced at just £165, when an Austin 20 was between £600 and £700. At a time when the average British worker earned around £5 per week, the only real affordable car had been Ford’s basic and utilitarian Model T at around £250.

    The 7’s ingenious design was the key to its success. With a shared base frame for the car, it could be a four-seater family car, a stylish coupe, or even a racing car.

    This cheap, tiny car not only was a legend in its own right and familiar around the world, but it influenced other legends too.

    Colin Chapman, the founder of Lotus Cars, based his first Lotus 1 on the Austin 7. What is less known is that German car manufacturer BMW built Austin 7s under licence in the 1920s and 30s but called them “Dixis”. Nissan did the same in Japan in the pre-war period. Such licensing deals helped set up both manufacturers’ future success as the powerhouses they are today.

    Austin 7s were produced all over Europe, Asia and even in Australia. The 7 was also produced in the US as the “American Bantam” and its design contributed to the “Willy’s Jeep”, one of the US’s most famous vehicles.

    Ultimately, the beginning of the second world war marked the end of Austin 7 production as the Austin factory at Longbridge, near Birmingham, needed to be repurposed to produce munitions. When the war ended, tastes for vehicles had changed and factories started to produce more modern designs, and not those from the 1920s, marking the end of a British automotive icon in 1939.

    Now it’s back, thanks to the engineer John Stubbs who bought the Austin brand after noticing the brand and trademarks were available. The rights to these had been owned by the Nanjing Automobile Group, which bought MG Rover when it collapsed in 2005. However, Nanjing had let these lapse and Stubbs bought them for £170 in 2015.

    The new Essex-based Austin Motor Company aims to recreate this classic brand, tugging at the heartstrings of those looking nostalgically at Britain’s automotive heyday. The announcement featured images of fun, cheap (£31,000) and light cars driving around the B-roads of Britain, or perhaps being taken to a racetrack for an amateur competition, harking back to earlier days. However, this car is thoroughly modern, featuring an electric motor.

    The new Austin Arrow is not meant to be the usable “everyman” car the original 7 was. For starters, to be compliant with quadricycle (a micro car with less than 6kW of power and an unladen mass no more than 425 kg) legislation it is limited to 60mph as a top speed and the range will be a maximum of 100 miles on one charge.

    However, as that fun, racy, open-top car that it’s predecessors were, it very much captures the spirit of the original Austin 7 Arrow.

    Tom Stacey, Deputy Head of the School of Economics, Finance and Law, Anglia Ruskin University

    This article is republished from The Conversation under a Creative Commons license. Read the original article.

    The opinions expressed in VIEWPOINT articles are those of the author(s) and do not necessarily reflect the views of ARU.

    If you wish to republish this article, please follow these guidelines: https://theconversation.com/uk/republishing-guidelines

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: ARU studies the health benefits of herring eggs

    Source: Anglia Ruskin University

    Anglia Ruskin University (ARU) is partnering with Norwegian biotechnology company Arctic Bioscience to carry out the largest research project to date exploring how nutrients derived from fish eggs can support a healthy and active lifestyle across all ages.

    Omega-3 fatty acids are essential nutrients that can play an important role in maintaining overall health. However, the general population typically consumes few foods that are rich in omega-3, such as oily fish.

    The new three-year project, called Active Romega, is investigating the benefits of omega-3 phospholipid fish oil and proteins derived from herring roe, which are the eggs of the fish. Unlike other omega-3 supplements, herring roe omega-3 contains a higher concentration of docosahexaenoic acid (DHA) and specialised pro-resolving mediators (SPMs).

    DHA and SPMs have been shown to have potent anti-inflammatory effects and are also believed to benefit muscle function, metabolism, and cognitive function, which are all key to supporting a healthy lifestyle. 

    The Active Romega project comprises two distinct research strands led by Anglia Ruskin University (ARU) PhD students Dani Dalmay and Jorge Pinto. These are exploring the effects of herring roe omega-3 on exercise metabolism and recovery, specifically focusing on active females, and how herring roe omega-3 can support the healthy ageing process in older adults.

    The overall project is being led by Dr Sanjoy Deb, Associate Professor in Exercise and Nutritional Science at Anglia Ruskin University (ARU).

    “The use of fish oils has shown promise across various health parameters, with emerging research indicating particular benefits for women and in supporting healthy ageing.

    “This new partnership with Arctic Bioscience allows us to undertake robust research to explore the public health benefits of herring-derived omega-3, alongside exercise. This will be the first time this specific type of omega-3 has been tested to investigate its benefits in these areas.

    “One of the reasons herring roe omega-3 is unique is its higher concentration of DHA [docosahexaenoic acid] compared to EPA [eicosapentaenoic acid] – most fish oils have more EPA than DHA – and the oil is naturally rich in the metabolites of DHA and EPA, namely specialised pro-resolving mediators such as resolvins, protectins and maresins. Herring roe omega-3 also has a phospholipid chemical structure, rather than a more typical triglyceride structure.

    “Some studies suggest better absorption and improved health outcomes from marine-based phospholipids, although research is still in its infancy. Our Active Romega project should contribute significantly to this area of research.”

    Dr Sanjoy Deb 

    “Arctic Bioscience is honoured to be a part of this project with Anglia Ruskin. We have been working with herring roe phospholipids and proteins for many years now, both in the nutraceutical and pharmaceutical field, and see many potential health benefits for their use in sports nutrition.”

    Hogne Hallaråker, founder and Chief Science Officer of Arctic Bioscience 

    MIL OSI United Kingdom –

  • MIL-OSI: MINILUXE ANNOUNCES STRONG PERFORMANCE TRENDS AND COMPLETION OF USD $6.98M (CDN $10M) IN CAPITAL-ENHANCING TRANSACTIONS THAT INCLUDE AN OVERSUBSCRIBED PRIVATE PLACEMENT AND DEBT CONVERSION

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR 

    FOR DISSEMINATION IN THE UNITED STATES

    Alongside its strong performance momentum, MiniLuxe successfully completes an oversubscribed private placement initially offered for up to $5M while contemporaneously satisfying the principal of USD $945,000 of convertible debt obligations.

    Boston, MA, Feb. 10, 2025 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) today announces that it has completed a successful and final closing of an oversubscribed non-brokered private placement of Class A subordinate voting shares of the Company (the “Subordinate Voting Shares”). The Company first announced its intention for a non-brokered private placement on November 27, 2024, at a price of USD$0.55 per share for total proceeds up to $5.0M USD (the “Offering”). Since its announcement of the Offering, the Company has had strong investor demand reinforcing confidence in MiniLuxe’s continued performance and growth strategy.

    Per the Company’s press release of January 2nd, 2025, MiniLuxe did a first closing for approximately one-third of the anticipated maximum of the Offering. In this second and final closing, the Company is pleased to announce that it has raised incremental gross proceeds of USD $3,436,250 (resulting in the issuance of 6,247,717 Subordinate Voting Shares at a price of USD $0.55 or CDN $0.79 per Share). Together, the first and second and final closing of the Offering raised total new primary capital for the Company in the amount of USD $5.067M or (~CDN $7.26M). Additionally, the Company finalized the conversion of USD$945,000 million or ~CDN $1.35M in principal value of prior convertible notes through shares for debt agreements, with further details provided below.

    “We are humbled by the recent oversubscribed investor interest level and quantum raised, but even more excited by the quality of this capital. This financing brings new participants who share aligned principles to our vision and who offer value-add strategic perspectives. The investment interest is also a reflection of the work and progress made by the team over the past year and investors’ conviction behind our future growth plans,” said Tony Tjan, CEO of MiniLuxe.

    As previously shared, the company is focused on three key performance objectives:

    1.  Accelerating overall studio contribution growth
    2. Increasing fixed cost leverage and SG&A efficiency
    3. Focusing growth through operating and franchise partners and a focused set of innovative products

    Overall same studio cash contribution grew materially in 2024, in concert with increased profitability trends of studios across all regions. The most critical factor for the success of our base business is the success the company has in recruiting, developing and retaining nail designer and other beauty service professional talent. The Company’s current retention rate of its talent base stands at its all-time record high at 87 percent. The Company remains focused on ways to reconfigure and create greater SG+A efficiency with year-over-year reduction trends north of 25% on corporate level SG+A. As a percent of revenue on a TTM (trailing twelve month) basis corporate SG+A as a percent of revenue has improved ~2x going from ~32% to ~16% demonstrating continued fixed cost leverage. From the standpoint of key internal cash management metrics, annualized and average monthly operating cash burn have been very materially reduced. While not an IFRS measurement, on a company-wide basis and on a preliminary unaudited basis, it is expected that YoY adjusted EBITDA improvement in 2024 to be over 50 percent. The Company’s focus on instilling an entrepreneurial culture and creating aligned performance incentives with its studio leaders and through operating partners (JVs or franchise partners) with shared ownership of studios have meaningfully contributed to these results. 

    The net proceeds from the Offering will be used to build momentum on these performance trends while investing behind a focused set of strategic growth investments including the expansion of new studios– especially through an expanded set of world-class operators who hold connection and conviction with the MiniLuxe brand and who seek to own or jointly own and operate a MiniLuxe studio. The Company also intends to be filing for an NCIB (New Course Issuer Bid) to have the option to buy back shares at times when it believes that the market price does not reflect the company’s intrinsic and future value.

    Alongside the Offering, the Company has also finalized additional shares-for-debt agreements to satisfy an aggregate of USD$1,055,577 (~CDN$1.51 million) of outstanding debt related to the principal and accrued but unpaid interest on certain convertible debentures of the Company (the “Debentures”). This is in addition to USD$1,085,944 (~CDN$1.56 million) of Debentures converted in the first tranche. As part of this debt conversion, an aggregate of 2,294,731 Subordinate Voting Shares will be issued at a deemed price of USD$0.46 per share, with an effective conversion date of February 7, 2025. The Company offered existing Debenture holders participating in the Offering the opportunity to elect to receive Subordinate Voting Shares at a discounted conversion price relative to the original terms of the Debentures. All Debenture holders electing to convert are deemed to be at arm’s length from the Company. The issuance of these shares remains subject to TSX Venture Exchange approval. Similarly, completion of all tranches of the private placement Offering is subject to the satisfaction of customary closing conditions, including the approval of the TSX Venture Exchange. The securities issued pursuant to the initial closing of the Offering are subject to a hold period of four months and one day from the issuance date in accordance with applicable securities laws.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

    About MiniLuxe

    MiniLuxe, a Delaware corporation based in Boston, Massachusetts. MiniLuxe is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. Through its company-owned and partner-operated studios, Company delivers high-quality nail care and esthetic services that incorporate the brand’s proprietary products. For over a decade, MiniLuxe has been elevating industry standards through healthier, ultra-hygienic services, modern design, ethical labor practices, and better-for-you, cleaner products. MiniLuxe’s vision is to radically transform the highly fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform that together enable better talent and client experiences.

    Towards building long-term durable value for its stakeholders, MiniLuxe is expanding its reach through franchising and operating JV partners seeking ownership and impact with a brand recognized as the best nail salon franchise. Through self-care and self-expression, MiniLuxe is empowering one of the largest hourly work forces through professional development, economic mobility, and equity ownership. Since its founding, MiniLuxe has performed over 4.5 million services.

    For further information

    Christine Mastrangelo
    Investor Relations, MiniLuxe Holding Corp.
    cmastrangelo@MiniLuxe.com
    MiniLuxe.com

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

    Forward-looking statements

    This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) concerning the Company and its subsidiaries within the meaning of applicable securities laws. Forward-looking information may relate to the future financial outlook and anticipated events or results of the Company and may include information regarding the Company’s financial position, business strategy, growth strategies, acquisition prospects and plans, addressable markets, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding the Company’s expectations of future results, performance, achievements, prospects or opportunities or the markets in which the Company operates is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects”, “budgets”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projects”, “prospects”, “strategy”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will” occur. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. 

    Many factors could cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking information, including, without limitation, those listed in the “Risk Factors” section of the Company’s filing statement dated November 9, 2021. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance, or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this press release. 

    Forward-looking information, by its nature, is based on the Company’s opinions, estimates and assumptions in light of management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate and reasonable in the circumstances. Those factors should not be construed as exhaustive. Despite a careful process to prepare and review forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the Company bases its forward-looking information on assumptions that it believes were reasonable when made, which include, but are not limited to, assumptions with respect to the Company’s future growth potential, results of operations, future prospects and opportunities, execution of the Company’s business strategy, there being no material variations in the current tax and regulatory environments, future levels of indebtedness and current economic conditions remaining unchanged, the Company cautions readers that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and the development of the industry in which the Company operates may differ materially from the forward-looking statements contained in this press release. In addition, even if the Company’s results of operations, financial condition and liquidity, and the development of the industry in which it operates are consistent with the forward-looking information contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. 

    Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only as of the date made (or as of the date they are otherwise stated to be made). Any forward-looking statement that is made in this press release speaks only as of the date of such statement.

    The MIL Network –

  • MIL-OSI: BRKZ closes $17M Series A to transform construction procurement as Saudi Arabia’s $3T project pipeline accelerates

    Source: GlobeNewswire (MIL-OSI)

    Riyadh, Feb. 10, 2025 (GLOBE NEWSWIRE) — While the MENA region drives forward with $3 trillion in infrastructure and building projects, construction companies face a critical challenge: fragmented supply chains and inefficient procurement processes that delay projects and inflate costs. Today, BRKZ announced it has completed its Series A funding at $17M, bringing total funding to $22.5M, to scale its technology platform that’s revolutionizing how contractors source and purchase building materials.

    The funding includes an $8M Series A2 round closed in January 2025, complemented by $1M in venture debt from Capifly, following the initial $8M Series A1 round from December 2023. All existing investors strongly recommitted, including BECO Capital, Aramco’s Waed, 9900 Capital, Better Tomorrow Ventures, RZM Investment, Class 5 Global, MISY Ventures, Knollwood Investment Advisory, and Fluent Ventures.

    Founded in 2023 by Ibrahim Manna, serial entrepreneur and former Managing Director at Careem, BRKZ emerged from firsthand experience with construction industry inefficiencies. “Traditional procurement in construction is highly fragmented and manual, often requiring contractors to juggle multiple suppliers, long negotiations, and delayed payments,” said Ibrahim Manna, Founder and CEO of BRKZ. “This funding will help us double down on tech development, enhance our BNPL offering aligned with construction cash flow cycles, and expand into cross-border trading.”

    The BRKZ team.

    Unlike traditional procurement methods, BRKZ’s platform combines a tech-enabled marketplace with embedded financing solutions, transforming how contractors and suppliers interact. Through its digital platform, contractors can access over 7,000 SKUs from more than 1,100 local suppliers, receiving competitive quotes within 20 minutes. The platform’s built-in financing options align with construction cash flow cycles, addressing a critical pain point in the industry.

    The platform’s rapid adoption validates its approach. Since launching its Series A1, BRKZ has grown revenue fourfold during 2024, now serving more than 850 unique contractors and factories across flagship projects like King Salman Park, Neom, and Red Sea. The company has expanded its delivery network to over 40 cities across Saudi Arabia, with offices in three major regions, while processing $350m (SAR 1.3 billion) in RFQs through its platform.

    BRKZ marketplace and app.

    Real-world applications demonstrate the platform’s transformative impact. A contractor working in KSA’s central region, awarded a project in the Western Region, used BRKZ to price and procure materials from local suppliers despite having no team in the project location. Similarly, a local cement block factory broke traditional geographical constraints by listing on BRKZ, expanding its customer base while sourcing raw materials through the platform.

    AbdulRauf H. Al-Matar, AGM at AlRashed Building Materials commented: “Partnering with BRKZ has revolutionized how we connect with contractors and streamline our operations. Their innovative approach to digitizing the construction industry is setting a new standard for efficiency and growth.”

    Tamer Salah, CEO at AlMimar AlAraby for General Contracting added: “Working with BRKZ has been a game-changer for us. Their focus on understanding contractors’ needs and delivering tailored solutions has made it easier to meet tight deadlines and exceed customer expectations. BRKZ’s highly advanced technology provides the best e-commerce platform, which makes it easy to manage my orders and get automated updates on their status.”

    The construction market in MENA represents a massive opportunity, driven by mega-projects reshaping the region. Major developments like Neom, The Red Sea Project, King Salman Park, and upcoming events like Expo 2030 and FIFA World Cup in Saudi Arabia underscore the urgent need for innovative, tech-driven solutions to streamline procurement and enhance efficiency.

    Dany Farha, co-founder and managing partner at BECO Capital, commented: “The construction industry is foundational to the Kingdom’s Vision 2030, and is ripe for technology and organizational optimization. The BRKZ team has executed its product and operational roadmap to drive efficiencies in this rapidly scaling sector, and we’re excited to continue supporting them in their next chapter. BRKZ’s financing product will complement their digitized procurement platform and address customer cash flow challenges. Having known Ibrahim and the team for years, we’ve seen firsthand their agility, prudence, and unique skill set that enable them to fulfill their promise of digitizing this industry.”

    Looking ahead, BRKZ plans to establish offices in Saudi Arabia’s Northern and Southern regions during 2025 while expanding its supplier network into global markets, focusing on China and India. The company will continue enhancing its technology platform and financing solutions, positioning itself as the comprehensive solution for construction procurement in the MENA region.

    Ends 

    Media images can be found here.

    About BRKZ

    BRKZ is a B2B managed marketplace transforming construction procurement in Saudi Arabia. By connecting contractors with suppliers through a tech-enabled platform, BRKZ provides access to thousands of SKUs, competitive pricing, and tailored financing solutions. With a focus on efficiency and transparency, BRKZ empowers MENA’s construction sector to meet the ambitious goals. For more information please visit https://brkz.com/en 

    About BECO Capital

    BECO Capital is the largest non-government venture capital firm in the Gulf, managing over $500 million in AUM. Since its inception in 2012, BECO Capital has played a pivotal role in developing the regional tech ecosystem, helping it grow from its nascent stages to its current dynamism, and has been a notable investor behind many of the region’s success stories. These include Careem, the region’s ride-hailing service turned super-app, acquired by Uber for $3.1 billion, and Property Finder, the real estate marketplace that BECO exited at a $1 billion valuation in April 2024, alongside other prominent startups such as Kitopi and Fresha.

    The MIL Network –

  • MIL-OSI: ASM named in CDP’s ‘A List’ for climate and water

    Source: GlobeNewswire (MIL-OSI)

    Almere, the Netherlands
    February 10, 2025

    ASM has been awarded CDP’s prestigious ‘A List’ ranking for both climate and water reporting, recognizing its corporate sustainability leadership, performance, and transparency.

    This is the first time ASM has achieved A List status with the global environmental non-profit, CDP, the organization that runs the world’s most recognized environmental disclosure system and sets the standard for environmental reporting. From over 22,000 annual reporting submissions this year, CDP has awarded its highest A List ranking to only a select group of companies demonstrating the strongest sustainability leadership.

    ASM is among very few companies in the semiconductor industry to score an A in CDP’s 2024 assessment, with even fewer reaching the A List for both climate and water. This marks a significant milestone in our sustainability journey and is a testament to our continued commitment to environmental progress.

    ASM has been reporting into CDP for thirteen consecutive years, consistently strengthening our environmental strategy and performance. In 2024, we reached 100% renewable electricity across our global operations, reinforcing our commitment to sustainable business practices.

    Inclusion in CDP’s prestigious A List highlights the strides we have made in reducing our operational carbon footprint and exemplifies our focus on meaningful climate action. In addition to decarbonizing our own operations, we are investing in research and development to enhance the energy efficiency of our deposition equipment, enabling our customers to reduce their energy consumption while maintaining high-performance production capabilities. This ensures our technologies contribute to lower emissions in semiconductor manufacturing and the broader tech ecosystem.

    In 2021, ASM published an ambitious target of reaching net zero by 2035. In 2023, ASM’s net zero target was approved by the Science Based Targets Initiative (SBTi), a first in the semiconductor industry. ASM’s Climate Transition Plan, released in early 2024, details how we target to achieve this goal by decarbonizing our products, optimizing our operations, and collaborating with our value chain to drive sustainability improvements to ensure ASM remains at the forefront of sustainable innovation.

    As ASM expands, we are focused on achieving green standards such as LEED building certification, which rates buildings for energy efficiency and sustainability across multiple environmental aspects. Our new facility in Scottsdale, Arizona, which is currently in design, aims to reuse more than 80% of the water it consumes, significantly reducing ASM’s water footprint and supporting circular resource use.

    John Golightly, ASM VP of Sustainability remarked: “We are honored to receive this recognition for our efforts in climate and water. CDP’s A List is the gold standard for environmental reporting, so our inclusion for the first time is a proud moment, for our company and everyone who worked so hard on our sustainability journey. Our resolute focus on transparently reporting our progress has led us to this point and we will continue to push the boundaries of sustainable semiconductor manufacturing, with cutting-edge innovation and collaborative partnerships to create a greener, more resilient future. Accelerating Sustainability is a strategic objective at ASM for good reason. We believe our products and operations enable positive impact for society and our planet.” 

    About ASM International

    ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.

    Contact

    Investor and media relations

    Victor Bareño
    T: +31 88 100 8500
    E: investor.relations@asm.com

    		  

    Investor relations

    Valentina Fantigrossi
    T: +31 88 100 8502
    E: investor.relations@asm.com

    The MIL Network –

  • MIL-OSI: Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS)

    Source: GlobeNewswire (MIL-OSI)

    New York, Feb. 10, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research Releases Update Note on Genius Group Ltd. (NYSE: GNS)

    New York, NY

    Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has released an update note on Genius Group Ltd. (NYSE: GNS). The update note includes information on Genius Group Ltd.’s recent developments, management commentary, future outlook, and risks.

    The update note is available below.

    Genius Group February 2025 Update Note

    Highlights from the note include:

    • Genius Group Launches $33 Million Rights Offering to Strengthen Its Bitcoin Treasury: Genius Group’s Board approved a rights offering aimed at raising up to $33 million to expand the company’s Bitcoin Treasury, with 100% of net proceeds dedicated to purchasing Bitcoin. The offering provides shareholders with the opportunity to acquire additional ordinary shares at a fixed subscription price, reinforcing the company’s commitment to its Bitcoin-first strategy. Key terms of the Rights Offering include:
      • Shareholder Rights Allocation: Each shareholder received one transferable right for every ordinary share held as of the record date on January 24, 2025, with the number rounded up to the nearest whole right. The company’s ordinary shares began trading ex-rights on January 24, 2025.
      • Subscription Details: Each right entitles the holder to purchase one ordinary share at a subscription price of $0.50. Shareholders fully exercising their basic subscription rights are eligible for an over-subscription privilege, which allows them to subscribe for additional ordinary shares on a pro rata basis. Rights holders may also choose to sell any rights they opt not to exercise.
      • Trading and Expiration Details: Rights trading commenced on a “when-issued” basis on January 23, 2025, under the symbol “GNS RTWI.” Regular trading of the rights began on January 27, 2025, under the symbol “GNS RT” and will continue until the close of trading on February 13, 2025. The offering expires at 4:30 p.m. Eastern Time on February 14, 2025, unless extended by the company. Registered shareholders received rights certificates based on the company’s stockholder registry, while those holding shares in “street name” will see the rights reflected in their brokerage accounts.
      • Additional Potential Funding: In addition to the $33 million rights offering, the company plans to pursue additional loan financings of up to approximately $22 million. If fully secured, this combined funding is expected to boost the Bitcoin Treasury from current levels, reported between $40 million and $45 million, to a range between $86 million and $100 million.
      • Management Participation: Complementing this initiative, Founder and CEO Roger Hamilton has completed his planned transactions, having acquired 500,000 shares under the pre-approved plan and subsequently purchasing an additional 500,000 shares on January 15, 2025, resulting in a holding of approximately 6.8 million shares. Mr. Hamilton has also notified the Company that he will fully subscribe to his rights under this Rights Offering, which will entitle him to acquire an additional 6.8 million shares on the same terms as all shareholders on the Record Date.

    This rights issue follows Genius Group’s established Bitcoin treasury approach and can be positive for shareholders if Bitcoin’s momentum persists-currently trading above $96,000 and recently peaking at $108,000. However, should Bitcoin’s price fall, the impact on shareholders could be less favorable, as the benefits of this initiative are closely tied to Bitcoin’s continued upward performance, which some analyst reports suggest is likely to persist.

    • Genius Group Expands Bitcoin Treasury to $42 Million Amid Strategic Financial Milestones: Genius Group has further advanced its Bitcoin-first strategy by acquiring an additional $12 million of Bitcoin, bringing its Bitcoin Treasury to 440 Bitcoin at a new average price of $95,519 per Bitcoin. This $42 million purchase, completed within three months of the November 12, 2024 announcement to allocate 90% or more of its current and future reserves to Bitcoin (with an initial target of $120 million), builds on an earlier milestone where the company secured 319.4 Bitcoin for $30 million at an average price of $93,919 per Bitcoin within two months. At an earlier date, as of Friday, January 31, 2025, Genius Group’s 440-Bitcoin holding was valued at $46 million, while the company’s market capitalization was $33.1 million (derived from 68.8 million issued shares trading at $0.48), resulting in a BTC/Price ratio of 139%, making Genius Group one of the highest among its peers. This ratio tells us that 139% of Genius Group’s market value is directly backed by its Bitcoin holdings, a stark contrast to the industry average of approximately 40% observed among other popular Bitcoin treasury companies, such as Microstrategy, Marathon Digital Holdings, and Riot Platforms. Funding for these purchases has been sourced from a mix of internal reserves, the use of its ATM facility, and debt financing from crypto-backed loan platform Arch Lending. In addition, the company has approved a Founder Compensation Plan with Founder and CEO Roger Hamilton that sets forth long-term milestones, including goals to reach a $1 billion market cap and to grow the Bitcoin Treasury’s net asset value to $1 billion within the next 10 years.

    About Genius Group Limited

    Genius Group Ltd. (NYSE: GNS) is a Bitcoin treasury company with an AI powered education platform engaged in providing AI training and AI tools to 5.4 million students in over 200 countries worldwide. It aims to develop an AI-powered lifelong learning curriculum and make its educational products accessible worldwide to all age groups.

    For more information, visit https://www.geniusgroup.net/

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by Genius Group Limited for producing research materials regarding Genius Group Limited, and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however, the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for an annual or semi-annual research engagement. As of 02/10/2025, the issuer had paid us $81,000 for our research services, which commenced 04/16/2022 and was billed annually for the first year for $27,000 and after in equal installments of $13,500 for six-month semi-annual periods with $13,500 received in April 2023 for six-month terms. $27,000 was paid in May 2024 (payment was for two outstanding six-month payment terms of October 2023 and April 2024, allocated to the following six-month periods of research coverage in each respective period), and $13,500 received in November 2024 for the October 2024 six-month semi-annual period of coverage. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has paid us for non-research related services as of 02/10/2025 consisting of $3,000 for presenting at a virtual investment conference and $2,000 for organizing an investment dinner. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities including the complete loss of their investment. Investors can find various risk factors in the initiation report and in the respective financial filings for Genius Group Limited. Please consult the attached research report for disclosures.

    Contact:

    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    The MIL Network –

  • MIL-OSI Global: Sickle cell disease is a genetic disorder that causes lifelong suffering – here’s what you need to know

    Source: The Conversation – UK – By Cristina Pina, Senior Lecturer in Biomedical Sciences, Brunel University of London

    3D illustration of sickle cell red blood cells Meletios Verras/Shutterstock

    Right now, approximately 20 billion red blood cells are busy travelling through your blood vessels. They are delivering oxygen to all the different tissues in your body and removing carbon dioxide to be breathed out of your lungs.

    Red blood cells are discs curved inwards on both sides, without a cell nucleus. They are full of haemoglobin, a protein responsible for gas exchanges. At the core of a haemoglobin molecule is an iron carrying component called haem, which can be loaded with oxygen.

    The shape of the red blood cell is useful to flexibly navigate blood vessels of all sizes, deforming as needed. It also provides a large surface for gas exchange. Haemoglobin collects oxygen in the lungs, where there is plenty of it, and releases it across the body, where there is much less.

    But not if you suffer from sickle cell disease, which affects nearly eight million people worldwide, most in sub-Saharan Africa.

    In the UK, approximately 17,500 people have sickle cell disease and 300 babies are born with the condition each year. It is a genetic disorder caused by inherited mutations in a person’s DNA that affect the properties of haemoglobin.

    Haemoglobin is made up of four proteins organised around the iron-carrying haem group. These proteins are called globins, and each haemoglobin molecule has two alpha and two beta-globins.

    Sickle cell disease changes adult beta-globin. Instead of two alpha and two healthy beta chains, sickle cell disease patients have two alpha and two mutant beta chains. The resulting haemoglobin is called HbS.

    HbS has different characteristics to normal adult haemoglobin, causing severe symptoms. HbS is structurally unstable. Upon high temperatures, dehydration, acidity, such as happens during infections, it clumps inside the red blood cells. The clumps make red blood cells rigid and change their shape from flexible doughnuts into inflexible sickles – hence the name of the disease.

    Rigid sickle cells cannot travel through narrow blood vessels, which clogs them, forming clots that stop blood circulation in different places. The clots change oxygen and acidity locally, causing more sickling.

    Accumulation of clots causes some of the most severe symptoms of sickle cell disease, including strokes, kidney failure, blindness, prolonged and painful erections (called priapism) and loss of circulation in the lungs – the excruciating acute chest syndrome.

    Repeated clotting scars and destroys the spleen, increasing the risk of recurrent infections, often by streptococcal bacteria which can cause severe pneumonia and sepsis.

    Sickle red blood cells also break easily, a phenomenon called haemolysis. The body tries to produce more red blood cells, but cannot correct the underlying defect. Patients experience symptoms similar to other forms of anaemia, including pallor, breathlessness upon exertion, fatigue. Haemolysis leads to inflammation and damages blood vessels, further aggravating sickling symptoms.

    Lifelong suffering

    Symptoms and complications of sickle cell disease start in the first year of life and progress in severity. The disease reduces the quality and duration of life of patients – in the UK, those with sickle cell disease have a life expectancy of 67.

    Worldwide, life expectancy is below 50 and many children with sickle cell disease in sub-Saharan Africa die before the age of five. Sickle cell disease patients are dependent on transfusions of healthy red blood cells – over time this causes complications of its own.

    Until recently, the only cure for sickle cell disease was stem cell transplantation – also known as bone marrow transplantation – from a healthy donor with a compatible immune system which will not be rejected by, or attack, the patient. Often, this is a sibling or a parent, but, in up to 75% of cases, a compatible relative cannot be found.

    Stem cell transplantation replaces the cells in the blood factory of the patient, which produce HbS, with blood-making cells without the genetic defect, which produce normal adult haemoglobin. Transplanted blood stem cells maintain healthy haemoglobin production for life.

    In the absence of transplantation, sickle cell disease patients receive regular transfusions, which deliver healthy red blood cells. But, unlike stem cells, red blood cells are short-lived.

    Patients also receive a drug called hydroxycarbamide, which is used to treat cancer patients and can be toxic, but alleviates symptoms. Hydroxycarbamide acts by turning on a gene that leads to the production of foetal haemoglobin, which is not affected by the sickle cell disease mutation.

    In 2024, two forms of gene therapy were approved for sickle cell disease treatment by the US Food and Drug Administration. Both involve collecting stem cells from the patient, modifying them genetically, and transplanting them back into the patient so the body makes blood with corrected cells for the rest of the patient’s life.

    The first of the gene therapies, commercially called Casgevy, works by removing and inactivating a gene that is normally responsible for producing beta-globin. This replaces HbS in the red blood cells with the unaffected foetal haemoglobin.



    Read more:
    Nobel Prize for chemistry honors exquisitely precise gene-editing technique, CRISPR – a gene engineer explains how it works

    The second gene therapy, called Lyfgenia (Lovotibeglogene autotemcel), works differently. It introduces an additional gene in the stem cells which makes it less likely for HbS to form aggregates and cause sickling, reducing the more severe symptoms of the disease.

    The development and testing of gene and cell therapies for sickle cell disease is still an ongoing effort of many scientists and companies. That there are now two approved therapies for sickle cell disease highlights the importance of supporting investigation and development of breakthrough technologies based on detailed understanding of biological mechanisms of disease.

    These investigations are key to treating patients with genetic diseases, which often do not have any other available treatments.

    Cristina Pina receives funding from Children’s Cancer and Leukaemia Group via the Little Princess Trust and the National Centre for the Replacement, Reduction and Refinement of Animals in Research. She receives honoraria for consulting services to the Medicines Discover Institute at the University of Cardiff via an MRC research grant to Simon Ward.

    Victor Hernandez-Hernandez receives funding from GOSHCC Charity, Newlife Charity, Welcome Trust, Fight for Sight, EU FP7. He is co-founder, shareholder and employee of Axovia Therapeutics Ltd.

    – ref. Sickle cell disease is a genetic disorder that causes lifelong suffering – here’s what you need to know – https://theconversation.com/sickle-cell-disease-is-a-genetic-disorder-that-causes-lifelong-suffering-heres-what-you-need-to-know-243827

    MIL OSI – Global Reports –

  • MIL-OSI Global: How the war in Ukraine has made flying worse for the climate

    Source: The Conversation – UK – By Viktoriia Ivannikova, Assistant Professor in Aviation Management, Dublin City University

    UladzimirZuyeu/Shutterstock

    Some long-haul flights connecting Europe and Asia are emitting 40% more CO₂ since the Russian invasion of Ukraine in February 2022, my new study shows. The spike is largely due to airspace closures above conflict zones which are forcing airlines to seek alternative routes, significantly increasing flight times. Longer flights consume more fuel and increase the operating costs for airlines, quite apart from their contribution to climate change.

    The research I led with colleagues highlights how conflicts contribute to climate change in unexpected ways. Understanding this is crucial for tackling aviation’s environmental footprint.

    The war in Ukraine closed the country’s airspace and limited access to the airspace of the Russian Federation and Belarus. This amounts to the biggest closure of airspace since the cold war, spanning 18 million km².

    Airlines that previously flew in Russian or Ukrainian airspace on routes between Europe and Asia, North America and Asia, and North America and the Middle East now take significant detours. For example, Finnair’s flight AY73 from Helsinki to Tokyo now covers an additional 3,131 kilometres, extending flight times by up to 3.5 hours. North American flights to Asia have been rerouted over the Arctic and Central Asia.

    Safety concerns and geopolitical sanctions have forced airlines to carefully navigate around restricted zones.

    The situation is further complicated by restrictions in other conflict regions – including the Middle East, where the airspaces of Syria, Yemen and Iraq are also considered no-fly zones for many airlines. The global aviation map has been redrawn, forcing airlines to adapt quickly to a new and challenging reality.

    Several international flights now skirt war zones.
    Viktoriia Ivannikova

    This has been accompanied by significant costs, both financially and to the climate. We analysed 14 long-haul routes between Europe and Asia that were affected by airspace restrictions and operated by three European airlines: Finnair, LOT Polish and Lufthansa.

    The findings are striking: rerouted flights burn an additional 23 to 28.5 tonnes of fuel per journey, releasing an extra 72 to 90 metric tonnes of CO₂. That’s equivalent to the annual emissions of several cars for a single flight.

    Airlines have also reported significant operating cost increases due to the extra flight hours, including higher fuel consumption, air navigation charges and crew salary increases. Our analysis showed that on certain routes between Europe and Asia, costs have risen by between 19% and 39%, while emissions have increased by between 18% and 40%, depending on the airline.

    On routes from Warsaw to Beijing, Warsaw to Tokyo and Warsaw to Seoul, LOT Polish Airlines has reported an increase of 23% in average aircraft operating costs following flight restrictions. CO₂ emissions on these routes have increased by 24% and ticket prices have also risen.

    Finnair, which historically relied on Russian airspace for efficient Europe-Asia connections, appears to be the most affected carrier. Following flight restrictions, aircraft operating costs on the routes from Helsinki to Shanghai, Helsinki to Tokyo and Helsinki to Seoul have risen by 39%, while average CO₂ emissions on these routes have increased by 40%.

    Our findings shed new light on the massive carbon footprint of war, which is often overlooked in climate policy. Using a forecasting model with specialised software, we found that continued avoidance of the airspaces of Russia and Ukraine could increase all aviation-related CO₂ emissions globally by up to 29% in 2025, compared with 2022.

    Aviation already accounts for 2.5% of global CO₂ emissions, and this figure is expected to grow as air travel expands.

    Aeroplanes seed heat-trapping clouds that amplify their climate impact.
    Peter Gudella/Shutterstock

    Our findings demonstrate that the need to decarbonise transport cannot be separated from broader geopolitical issues. As wars and conflicts reshape airspace availability, they also worsen aviation’s carbon footprint. It’s not just the airline industry that bears these costs – we all do, in the form of rising temperatures and a changing climate.

    What action needs to be taken?

    While the challenges are significant, there are solutions.

    Upgrading airline fleets with more fuel-efficient aircraft, such as the Airbus A350 and Boeing 787, can help to reduce CO₂ emissions by roughly 20%–25% compared with older aircraft models, such as the Boeing 777-200ER or Airbus A330-200.

    Optimising flight paths using advanced air traffic management systems could help too. These systems, allow aircraft to choose the shortest and most efficient paths and can reduce unnecessary detours.

    International agreements to manage airspace collectively during times of conflict can keep essential flight corridors open and ensure airlines avoid inefficient rerouting.

    Airlines are investing in sustainable aviation fuels, which emits less than traditional kerosene – but insufficient supplies, high costs and other challenges make this an expensive and partial solution. With no viable low-carbon alternatives for aircraft, reducing air travel should be the priority.

    As researchers, we see our findings as a call to action. By understanding the environmental consequences of conflict, we can work towards a more sustainable future for aviation and the planet.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

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

    – ref. How the war in Ukraine has made flying worse for the climate – https://theconversation.com/how-the-war-in-ukraine-has-made-flying-worse-for-the-climate-249039

    MIL OSI – Global Reports –

  • MIL-OSI Global: AI is transforming the search for new materials that can help create the technologies of the future

    Source: The Conversation – UK – By Domenico Vicinanza, Associate Professor of Intelligent Systems and Data Science, Anglia Ruskin University

    Battery technology is one area that can benefit from the development of novel materials. IM Imagery / Shutterstock

    From the bronze age to the Industrial Revolution and beyond, the discovery and development of new materials has been a driving force in human history. These novel materials have helped advance technology and shape civilisations.

    Today, we are at the beginning of a new era, where artificial intelligence (AI) seems to be in the perfect position to transform the search for useful materials. This looks set to completely change the approach to their investigation, creation and testing.

    In ancient times, human civilisations experimented with natural resources to create tools and artifacts. The bronze age, in the mid-4th millennium BC, was a significant milestone. Bronze, an alloy of copper and tin, led to the development of stronger tools and weapons, as well as advancements in agriculture and construction.

    Bronze is often referred to as the first “new material” created by humans. We took different elements and created something new, with better properties that either ingredient and unique qualities. The invention of glass in ancient Mesopotamia around 3,500BC was another groundbreaking moment.

    A superconductor (the dark material) makes a magnetic cube levitate. The field of the magnet induces currents in the superconductor that generate an equal and opposite field, balancing out the gravitational force on the cube.
    Oak Ridge National Laboratory

    Fast forward to the 20th century and the discovery of plastic polymers, ceramics and superconductors opened new frontiers in technology. Ceramics, known for their durability and heat resistance, became a staple in industries from aerospace to electronics.

    Superconductors, materials that can conduct electricity with zero electrical resistance, are already used in maglevs (magnetic levitation trains), particle accelerators and medical devices.

    AI enters the fray

    Searching for new materials that could help drive the development of the next groundbreaking technologies has previously been a long and expensive process. This has been due to the complexity of many materials at the atomic and molecular levels. Traditional methods are essentially based on trial and error and need specialised equipment and resources.

    The inherent uncertainty and risk in material discovery further complicates and lengthens the process. However, advancements in AI, including in a subset of AI called machine learning, are beginning to transform the whole landscape, enabling more efficient and targeted approaches. In machine learning, mathematical rules called algorithms learn from data to improve at tasks without human intervention.

    The main shift is a new methodology based on “generative” AI systems, which can create new content. AI systems can now directly produce novel materials when provided with desired properties and constraints.

    Earlier this month, a team at Microsoft published a paper in Nature that introduced a pair of AI tools for the design of inorganic materials (those not based around the element carbon).

    AI tools can generate thousands of potential materials within a short space of time.
    Yurchanka Siarhei / Shutterstock

    These tools play complementary roles in materials discovery. They are called MatterGen and MatterSim. The first one creates new candidate materials, and the second filters and validates them – to ensure they could be made in the real world.

    The specific desired properties that can be incorporated through MatterGen include a specific symmetry, or mechanical, electronic and magnetic properties.

    Unlike traditional methods that mostly rely on intuition (along with extensive and tedious experimentation), MatterGen can generate thousands of potential materials with specific desired properties in a fraction of the time.

    This AI-led approach accelerates the initial stages of material design. It allows researchers to explore a broader range of possibilities and focus on the most promising candidates.

    MatterSim applies rigorous computer analysis to predict the stability and viability of these proposed materials. This predictive capability helps filter out theoretical possibilities from physically feasible ones. This ensures that only stable materials move forward in the discovery process.

    New tools in the box

    At this point, we might wonder, what does a new material, identified through this process, look like? MatterSim is mostly focusing on crystals, or more appropriately unique crystalline structures with a specific arrangement of atoms.

    These structures are tailored to meet precise property constraints, making them suitable for various applications. These include high energy batteries, flexible electronics, displays, solar panels or advanced medical implants.

    Flexible electronics are another area where materials discovery could drive advances.
    Peter Sobolev

    Microsoft’s powerful duo, however, is not alone in its quest. Google DeepMind’s Graph Networks for Materials Exploration (Gnome) is another tool promising to dramatically speed up the discovery process. Gnome uses a form of AI that’s inspired by the human brain called deep learning. It predicts the stability of new materials, significantly shortening the exploration and discovery phase.

    In a paper published in 2023, researchers from Google DeepMind demonstrated that their AI model could identify 2.2 million new stable materials. Some 736 of these have already been experimentally realised. This is a tenfold increase over previous methods. These materials, many of which were previously unknown to human chemists, have potential applications in clean energy, electronics, and more.

    Even if both Google’s Gnome and Microsoft’s MatterGen are AI-based, they differ in their approaches and, in some ways, provide complementary methodologies. Gnome predicts the stability of new materials by creating variations on existing structures, and it focuses on identifying stable crystalline materials.

    MatterGen, on the other hand, employs a generative AI model to directly engineer novel materials based on specific design requirements. It creates material structures by changing elements, positions and periodic lattices (a repeating structure in three dimensions).

    The implications of AI-driven material discovery are vast. They could potentially lead to innovations in fields such as energy storage and environmental sustainability. One of the most promising applications is, for example, the development of new batteries.

    As the world makes the transition to renewable energy sources, the demand for efficient, long lasting batteries has grown and will continue to do so. AI tools can help researchers design and identify new materials able to support higher energy densities, faster charging times and longer lifespans.

    Beyond energy storage, new materials can be used to design new medical devices, implants and even drug delivery systems. This could improve patient outcomes and advance medical treatments.

    In aerospace, lightweight, durable materials could enhance the performance and safety of aircraft and spacecraft. Meanwhile, new materials for water purification, carbon capture, and waste management could address pressing environmental challenges.

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

    – ref. AI is transforming the search for new materials that can help create the technologies of the future – https://theconversation.com/ai-is-transforming-the-search-for-new-materials-that-can-help-create-the-technologies-of-the-future-249392

    MIL OSI – Global Reports –

  • MIL-OSI China: New freight train route links China’s Chongqing with Afghanistan

    Source: China State Council Information Office

    A freight train, loaded with communication equipment and other products, departed from southwest China’s Chongqing Municipality on Monday and is expected to arrive in Afghanistan in 12 to 15 days.

    This marked the inauguration of a new direct freight train route, which passes through Kazakhstan, Uzbekistan and other countries, between Chongqing and Afghanistan.

    The communication equipment aboard the train, manufactured by Chinese telecom firm ZTE, will be used in the development of local communication networks in Afghanistan.

    “Via direct freight train services, the transportation duration has been reduced by three to five days compared to previous road transport, and logistics costs are expected to be cut back by 15 to 20 percent,” said Liu Jianfeng with ZTE.

    “The successful launch of the direct freight train from Chongqing to Afghanistan marks another effort in deepening our economic and trade cooperation with Central Asian countries,” said Xu Runqiu, an executive at the Yuxin’ou (Chongqing) supply chain management company.

    In recent years, Chongqing has been striving to elevate itself into a comprehensive inland hub, with the number of China-Europe freight trains and those heading to Central Asian countries departing from the city, along with cargo volumes, growing.

    To date, more than 18,000 trains covering over 50 regular routes linking the city with European and Central Asian countries have been dispatched, reaching over 100 hub cities and regions across Asia and Europe.

    In March 2011, the China-Europe freight train (Yuxin’ou) service was launched from Chongqing to Duisburg, establishing a direct overland trade corridor between China and Europe.

    MIL OSI China News –

  • MIL-OSI Europe: ASIA/HOLY LAND – Israeli Jesuit David Neuhaus: the plan to remove Palestinians from Gaza feels like a kick in the stomach

    Source: Agenzia Fides – MIL OSI

    youtube

    Jerusalem (Agenzia Fides) – “We are in no hurry”. This is how US President Donald Trump yesterday offered an important detail regarding the plan for the reconstruction and development of the Gaza Strip under the direct control of the United States that he presented last week during the visit to Washington of Israeli Prime Minister Benjamin Netanyahu. Speaking to journalists aboard Air Force One that was taking him to New Orleans to watch the Superbowl, the US President said that Gaza must be thought of as “a large real estate site, and the United States will take possession of it, and develop it slowly, very slowly”, to bring “stability to the Middle East”.From Moscow, Kremlin spokesman Dmitry Peskov, when asked about the ‘Trump plan’ on Gaza, also took his time, reporting that “For now we do not know the details, so we must be patient”.On the other hand, Father David Neuhaus, interviewed by Fides, has no hesitation. For him, the conjectures circulating in recent days on the future of the Gaza Strip felt like “a kick in the stomach”.Israeli Jesuit and professor of Sacred Scripture, David Neuhaus was born in South Africa to German-Jewish parents who fled Germany in the 1930s, he was also in the past Patriarchal Vicar for the Hebrew-speaking Catholics and for the Pastoral Among Migrants.Father Neuhaus, what considerations can be made in view of the recent proposals that have emerged on the future of Gaza?DAVID NEUHAUS: Trump, the president of the United States has a vision for Gaza, which he shared with the world on February 4, 2025. Mr. Netanyahu, prime minister of Israel, was visiting him. It felt like a kick in the stomach. And I am not even a Palestinian. I am an Israeli.What in particular are you referring to?NEUHAUS: Trump’s boldly proclaimed plan is to transform the Gaza Strip from the heaps of rubble left by Israel’s military campaign, into a luxurious riviera. In that vision, there is no place for the people who call Gaza home. That population must be moved out (to where is far from clear). This is yet another stage in the removal of Palestinians from Palestine…Do you see what is happening as part of a process?NEUHAUS: Yes. It is a process that began long time ago. E che ha causato anche la concentrazione di popolazione palestinese nella Striscia di Gaza. It was back in 1947/1948 that the population of Gaza more than tripled with the influx of those expelled by the Israelis from their homes inside Israel, making Gaza one of the most densely populated areas in the world. Mr. Trump spoke only about Gaza but Mr. Netanyahu’s administration has already begun to work on the West Bank, sowing Gaza-like destruction in the cities of Jenin and Tulkarm. Thousands of Palestinians have already been expelled from their homes.Are the new ideas about the future of Gaza the only way to imagine the present and future of the Jewish state in the context of the current Middle East?NEUHAUS: Trump and Netanyahu’s vision is quite different from that of Peter Beinhart, a Jewish American journalist. I strongly recommend his latest book, “Being Jewish after the Destruction of Gaza: A Reckoning” as an antidote to the discourse coming from US and Israeli leadership. Beinhart reconstructs Jewish identity in the light of what has been happening in the past months, adamantly insisting that Israel’s only way forward is to ensure equality for all its citizens. Beinhart, whose parents were Jewish South Africans, has fully assimilated the message of the struggle against apartheid. Another prophetic voice, that of Israeli activist Orly Noy, the chair of the Israeli Information Center for Human Rights in the Occupied Territories B’tselem, proclaimed unequivocally: “The war will end only when Israeli society realizes that it is not only immoral but also impossible to secure our existence through the oppression and subjugation of another people — and that the people we imprison, bomb, starve, and rob of their freedom and land are entitled to the exact same rights as we are, down to the last note”. (GV) (Agenzia Fides, 10/2/2025)
    Share:

    MIL OSI Europe News –

  • MIL-OSI: MultiCorp International, Inc.

    Source: GlobeNewswire (MIL-OSI)

    AGOURA HILLS, CALIFORNIA, Feb. 10, 2025 (GLOBE NEWSWIRE) — Multicorp International, Inc. (OTCPINK: MCIC) is pleased to announce its arrangement with 40 Brightwater LLC.

    On February 3, 2025, Multicorp International, Inc. entered into an Exchange Agreement with 40 Brightwater LLC, exchanging 3,000,000,000 Preferred and 3,250,000,000 Common Stock Shares for 2,000,000 Gold Backed Cryptocurrency Tokens.This transaction will allow Multicorp International, Inc. to establish solid and stable assets backed by Gold, opening doors to access the financing needed to acquire a core business to increase real value for MCIC shareholders.

    MultiCorp International Inc. Announces Strategic Growth Initiatives and Expansion Plans

    About MultiCorp International, Inc.

    Multicorp International, Inc. is a diversified leader in health, energy and agriculture, announces a series of strategic initiatives aimed at accelerating its growth and expanding its market presence. The company is actively pursuing joint ventures and acquisitions, is fortifying its organizational infrastructure and is preparing for significant advancements in the stock market.

    About 40 Brightwater LLC

    40 Brightwater LLC is a private holding company focusing specifically on acquiring private entities and merging its holdings with public companies by leveraging its financial network and resources through its Managing Member, President & CEO Shannon Newby.

    Disclaimer

    This press release does not constitute an offer to sell or solicit an offer to buy, nor will there be any sale of these securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful before registration or qualification under applicable securities laws. Any offer will be made only through a prospectus supplement and accompanying base prospectus as part of an effective registration statement.

    This press release is for informational purposes only and should not be considered investment advice or a solicitation to purchase securities.

    Forward-looking statements are not guarantees of future performance. These statements are based on current expectations and could differ materially from actual events.

    Contact:  J. A. Coleman,  J.a.coleman1512@gmail.com

    The MIL Network –

  • MIL-OSI: Groundbreaking Formal Verification Further Enhances the Quality of CHERIoT-Ibex

    Source: GlobeNewswire (MIL-OSI)

    CAMBRIDGE, United Kingdom, Feb. 10, 2025 (GLOBE NEWSWIRE) — lowRISC C.I.C., the open silicon ecosystem organisation, today announced the addition of formal verification to the toolbox of open source design verification (DV) techniques used to ensure the commercial level quality of the Microsoft-created CHERIoT-Ibex core, the processor at the heart of the UKRI-funded Sonata™ platform.

    CHERIoT-Ibex pipeline with specification installed using a pipeline follower

    Prof. Tom Melham and Louis-Emile Ploix of the University of Oxford, and Alasdair Armstrong of the University of Cambridge, have created an extensive formal verification framework to establish observational equivalence, using unbounded proofs, between the hardware and the RISC-V International Sail specification of instruction behaviour. This greatly strengthens confidence in the design’s conformance to the specification. The verification uses the Cadence Jasper™ tool, along with new Sail support to automatically build a SystemVerilog reference model from the specification. They describe their work in a pre-print paper published on arXiv, and have collaborated with Microsoft to upstream this into the open source CHERIoT-Ibex repository.

    CHERIoT-Ibex is Microsoft’s open-source extension of lowRISC’s Ibex®, a 32-bit RISC-V processor. CHERIoT provides fine-grained memory protection for embedded systems, which deterministically mitigates over two thirds of memory vulnerabilities and enables efficient compartmentalization. Of course, it is critical that the hardware correctly implements the CHERIoT extension to ensure that the security guarantees it offers are valid. “Correct” implementation is defined in a standardised way for RISC-V using Sail. This is a domain-specific language which describes, in a formal but readable fashion, exactly what each processor instruction does.

    This new formal verification framework and proof developed by the University of Oxford, the University of Cambridge, and lowRISC takes the formal specification for CHERIoT — written in Sail — and checks that for any stream of instructions the CHERIoT-Ibex implementation performs the same memory operations. This equivalence checking is decomposed into multiple steps to help the tool converge, by first proving simple properties, then using those to prove more and more complex ones. It is important to note that the proofs developed as part of this work are different from the more common bounded proofs, where only a limited amount of system evolution is explored for counter-examples. By contrast, unbounded proofs hold true for all possible executions. While no single verification technique should be relied on in isolation, a formal proof (in combination with a traditional functional verification flow) significantly increases confidence in the design.

    Besides the work on CHERIoT-Ibex, lowRISC has also published an adaptation of this proof for regular Ibex (which of course also has extensive conventional DV), the main microprocessor core used in the OpenTitan® root of trust.

    “We’re thrilled to see the achievement of this milestone, demonstrating that well managed open-source silicon designs can not just match the DV quality of commercial IP, in some cases they’re beginning to lead the field,” said Dr. Gavin Ferris, CEO of lowRISC. “The successful formal verification of CHERIoT-Ibex exemplifies our Silicon Commons approach, bringing the best of industry, academia and the open source community together through collaborative engineering — and moving the game forward for everyone. Now, not only can companies bring products to market cheaper and faster by leveraging open-source silicon designs, they can do so with the strongest possible assurance that specification fidelity has been maintained. We’re proud to have worked with Microsoft, the University of Oxford, University of Cambridge and Cadence to help make this fantastic result possible.”

    “The CHERIoT-Ibex project has been an ideal challenge for our formal verification research at Oxford, which aims at both scientific innovation and strong real-world impact,” Professor Tom Melham and lead verification engineer Louis-Emile Ploix said. “We are delighted that our work has significantly helped to increase confidence in the commercial-grade quality of Microsoft’s CHERIoT-Ibex core, driven by the development of a new Sail to Verilog compiler by our colleagues at the University of Cambridge, and demonstrated new methodology for RISC-V formal verification. Our hope is that other RISC-V verification projects can substantially benefit from our experience, through our publications and open source formal verification code.”

    “We are excited to see this formal verification milestone, building on the Sail formal specifications of RISC-V, CHERI RISC-V, and CHERIoT developed by multiple partners over recent years,” said Professor Peter Sewell at the University of Cambridge. “This links formal specifications of the instruction set, previously used for architecture design, hardware testing, software development, and formal reasoning about software, all the way down to the detailed hardware design. The work shows that full formal verification is viable for such designs with reasonable effort.”

    “Finding and fixing bugs early in the design cycle is crucial to address the fast growing complexity of chip design. Formal verification is a key technology that allows teams to boost the functional verification productivity, reduce costs, improve quality, and ensure more reliable designs in less time,” Ziyad Hanna, Corporate Vice President of Cadence Design Systems, said. “We’re delighted that Cadence Jasper Formal Verification Platform has been instrumental in supporting this effort, contributing to the future of secure computing.”

    lowRISC would like to thank all the supporters of the Sunburst project, with special thanks to Microsoft for contributing the core CHERI implementation within the CHERIoT-Ibex processor and making it open source. “Microsoft is thrilled to upstream an extensive formal verification framework and proof to the open-source CHERIoT-Ibex repository. The CHERIoT-Ibex core augments lowRISC’s Ibex with the CHERIoT ISA extension,” said Tony Chen, Partner Security Architect at Microsoft. “The formal verification pioneered by Oxford University has instilled an unmatched level of confidence in the CHERIoT-Ibex core.”

    CHERIoT-Ibex is the processor core of Sonata which puts CHERI technology into the hands of embedded-system engineers. Sonata is part of the Sunburst project, which is funded by DSbD and UKRI (Grant Number 107540). The early, foundational work at Oxford on the formal verification of CHERIoT-Ibex was funded by DSbD and UKRI as part of the SCorCH project (EPSRC Grant Number EP/V000225/1).

    About lowRISC®
    Founded in 2014 at the University of Cambridge Department of Computer Science and Technology, lowRISC is a not-for-profit company/CIC that provides a neutral home for collaborative engineering to develop and maintain commercial-quality open source silicon designs and tools for the long term. The lowRISC not-for-profit structure combined with full-stack engineering capabilities in-house enables the hosting and management of high-quality projects like OpenTitan and Sunburst via the Silicon Commons® approach.

    Media Contact
    lowRISC@w2comm.com

    An infographic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/432a234b-dca0-44be-9118-91ca2b8996c4

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  • MIL-OSI: Wearable Devices Unveils Future AI-Powered Gesture Personalization Technology, Paving the Way for Next-Gen User Interactions

    Source: GlobeNewswire (MIL-OSI)

    Yokneam Illit, Israel, Feb. 10, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, is developing cutting-edge methods for gesture personalization that will transform user interactions in the near future. By harnessing biopotential signals from the human wrist, Wearable Devices is working towards redefining how people interact with digital devices, creating an intuitive, personalized experience for the AI era.

    The Future of Personalized AI-Driven Gestures

    As AI continues to shape our digital landscape, the way we interact with technology is evolving. Traditional input methods – keyboards, touchscreens, and voice commands – are expected to give way to more natural, seamless interactions. Wearable Devices is developing an AI-powered neural wristband technology for detection of user specific micro-gestures, enabling a future of personalized controls tailored to individual users.

    Leveraging Large MUAP Models (“LMMs”), Wearable Devices is enhancing its ability to create truly personalized gesture experiences that improve and adapt more effectively with continued use.

    A New Era for AI-Powered Devices and XR Platforms

    Wearable Devices’ neural-based gesture personalization is being developed to revolutionize extended reality (XR), smartwatches, and other AI-driven interfaces. The technology aims to enable:

    • Micro-Gesture Precision: AI refining recognition of tiny movements, such as a finger swipes or pinches, ensuring reliable, real-time responsiveness.
       
    • Context-Aware Interactions: A system that is adaptive to user habits.
       
    • Cross-Device Integration: Personalized gestures seamlessly operating across augmented reality (“AR”)/virtual reality headsets, AR glasses, smartwatches, and other AI-powered devices, creating a unified interaction experience.

    Wearable Devices is focused on taking it a step further by developing adaptive, user-specific models rather than one-size-fits-all solutions. This approach is expected to enhance accessibility, usability, and engagement in AI-driven environments.

    A Call to AI and XR Innovators

    As AI-powered devices become more ubiquitous, Wearable Devices is actively developing next-generation intuitive and personalized user interactions. With over a decade of research and development and a growing portfolio of patents, the Company invites industry leaders to explore collaboration opportunities.

    “We believe AI-driven gesture personalization is the next frontier in human-device interaction,” said Asher Dahan, Chief Executive Officer of Wearable Devices. “By seamlessly integrating AI with biopotential sensing, we are developing innovations that will revolutionize the way people engage with technology.”

    For more information about Wearable Devices’ AI-powered gesture control solutions under development, visit www.wearabledevices.co.il.

    About Wearable Devices Ltd.

    Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming, and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss that we are developing cutting-edge methods for gesture personalization that will transform user interactions in the near future, the benefits and advantages of our technology, including the aims of our technology, that our approach is expected to enhance accessibility, usability, and engagement in AI-driven environments, and our belief that AI-driven gesture personalization is the next frontier in human-device interaction. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact

    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network –

  • MIL-OSI: Kvika banki hf.: Correction: Publication of annual financial statements on Wednesday 12 February

    Source: GlobeNewswire (MIL-OSI)

    On Monday 10 February 2025 Kvika announced that a meeting to present financial results to shareholders and market participants will be held at 08:30 on Thursday 15 August. However, the meeting will be held at 08:30 on 13 February 2025. The revised announcement is as follows: 

    The Board of Directors of Kvika banki hf. is set to approve the financial statements of the Group for the year 2024 at a board meeting on Wednesday 12 February. The financial statements will subsequently be published after the domestic market has closed.

    A meeting to present the results to shareholders and market participants will be held the next day, at 08:30 on Thursday 13 February, at the bank’s headquarters on the 9th floor at Katrínartún 2, where Ármann Þorvaldsson, CEO of Kvika, and Eiríkur Magnús Jensson, CFO, will present the company’s financial results.

    The presentation will be conducted in Icelandic and will be streamed live. Further, a recording of the meeting with English subtitles will later be made available on Kvika’s website.

    Meeting participants will be able to send questions before or during the meeting via ir@kvika.is

    The investor presentation will be made public before the meeting.

    The MIL Network –