Category: Business

  • MIL-OSI USA: Baldwin Brings Home Nearly $190,000 to Support Economic Development in Northeast Wisconsin

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WISCONSIN – Today, U.S. Senator Tammy Baldwin (D-WI) announced she helped deliver nearly $190,000 to support small businesses, local jobs, and economic development in Oconto and Sheboygan counties. The funding comes through the U.S. Department of Agriculture’s (USDA) Rural Business Development Grants Program which was funded by the Baldwin-backed 2024 annual government funding bill.
    “Moving our Made in Wisconsin economy forward means investing in every corner of our state to create economic opportunity for families,” said Senator Baldwin. “I am proud to go to bat for Wisconsin and deliver funding that will help create jobs, grow local businesses, and build a stronger future for our state.”
    The following projects received funding:
    Sheboygan County Economic Development Corp: $99,000 to establish a revolving loan fund to serve small rural businesses in Sheboygan County. The project will serve at least ten businesses.
    Oconto County Economic Development Corp: $90,000 to provide technical assistance to small, rural businesses located in Oconto County. Assistance will be targeted for those located in the villages of Suring and Lena. At least ten businesses will be served with this assistance, creating five and saving another five jobs.

    MIL OSI USA News

  • MIL-OSI USA: Sorensen Calls on Congress to Return to Washington to Help Impacted Americans and Pass Disaster Relief

    Source: United States House of Representatives – Congressman Eric Sorensen (IL-17)

    WASHINGTON, DC – Today, Congressman Eric Sorensen (IL-17), the only meteorologist in Congress, is calling on Congress to return to Washington to help impacted Americans and pass much-needed disaster relief as Hurricane Milton makes landfall in Florida and in the aftermath of Hurricane Helene.    

    “As a meteorologist for over two decades, I have witnessed up-close massive floods, tornados, hurricanes, derechos, and other extreme weather events that have destroyed homes, shuttered businesses, and harmed livelihoods. With Milton and Helene, we are seeing these types of hurricanes intensify at a more rapid pace, leaving us with little time to prepare for the road to recovery,” said Sorensen. “Congress has the responsibility to be good neighbors, step in, and help those communities across the country that are struggling to rebuild in the aftermath of natural disasters, including right here in Illinois. I am calling on Speaker Johnson to bring the House back into session, set partisan politics aside, and do the work that the people sent us here to do: help impacted Americans by making sure FEMA and the Small Business Administration have disaster relief funds.”

    While the Federal Emergency Management Agency (FEMA) has stated they have enough funding to meet the needs of Hurricane Helene and Milton victims, the severity of Milton may prevent FEMA from assisting other disaster relief efforts across the nation.  

    In addition to supporting small businesses, the U.S. Small Business Administration (SBA) can issue loans to help homeowners and businesses recover after a disaster. According to the SBA, they have only a few weeks of funding left. 

    Last month, Congress set aside an additional $20 billion for disaster relief in a short-term government funding package through December 20, 2024. Damage from these storms could be in the hundreds of billions of dollars.  

    Congressman Eric Sorensen serves on the House Committee on Agriculture and the House Committee on Science, Space, and Technology. Prior to serving in Congress, Sorensen was a local meteorologist in Rockford and the Quad Cities for nearly 20 years. His district includes Illinois’ Quad Cities, Rockford, Peoria, and Bloomington-Normal.

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    MIL OSI USA News

  • MIL-OSI New Zealand: Health – GP closures regrettable, get ready for more

    Source: GenPro

    Recent closures of general practices and calls for unprofitable GPs to run cafes to stay afloat are more evidence that communities are paying the price from years of government underfunding of primary health care.

    “While the list of reasons for the closures of Hataitai Medical Practice and North Taranaki’s Parklands Medical Centre could differ, we know there are two common themes – that many general practices are financially unsustainable and struggle to recruit and retain staff,” said Dr Angus Chambers, Chair of the General Practice Owners Association (GenPro).

    “These two symptoms are a direct consequence of a 20-year-old funding model which has not kept pace with the costs of running a general practice and the changing health needs in our communities.”

    More than 2000 Wellington patients will have to find a new doctor next year after the 40-year-old Haitaitai practice closes, and not enough clinical staff can be found to keep open the Parklands centre in Bell Block, so it is closing and merging with another practice seven kilometres away.

    “The closures were announced in the same week we learned that a committee established by Health New Zealand-Te Whatu Ora allegedly told a struggling GP practice to set up a café inside the clinic to bring in extra cash.

    “Closures and desperate measures do nothing to improve and treat the health needs of our patients and keep the doors open on clinics providing medical, urgent and mental health care,” Dr Chambers said.

    A recent survey by General Practice New Zealand, which represents the bulk of primary health organisations, found that more than 60 percent of PHOs had clinics in their networks facing closure, 61 percent were reducing services, and all were restricting patient access. Among reasons given were financial pressures and burnout and retention of GPs.

    “GenPro’s own survey in August also showed that financial pressures were weighing on general practices, with 83 percent concerned about their financial viability.

    “Hardly a month goes by without an announcement of a GP clinic shutting its doors, closures of after-hours services, cessation of new patient enrolments, or some other reduction in scope of services. Regretfully, I predict more of these closures and reductions are on the way unless something changes.”

    “The funding model is based on health attendances from the last millennium, which was a vastly different health environment. Our inability to negotiate funding – because it’s imposed by the government – is the key reason that funding is not keeping pace with rising costs, and general practices are therefore closing.

    “GenPro has lodged a complaint with the Commerce Commission about our inability to have effective input into the decisions crucial to achieving the best outcomes for our patients.
     
    “The government must as a matter of urgency increase its support of primary healthcare, overhaul the current out-of-date funding model, and help increase the supply of medical professionals into primary healthcare,” Dr Chambers said.

    “GenPro, which represents half of all general practices in Aotearoa, is ready to work with the Minister and Commissioner to develop the solutions needed,” Dr Chambers said.

    MIL OSI New Zealand News

  • MIL-OSI Canada: Government advances Made-in-Canada sustainable investment guidelines and mandatory climate disclosures to accelerate progress to net-zero emissions by 2050

    Source: Government of Canada News

    News release

    October 9, 2024 – Toronto, Ontario – Department of Finance Canada

    The federal government is leading the world with a bold climate plan to grow our economy and reach net-zero emissions by 2050. Achieving this goal will require between $125 billion and $140 billion in investment into Canada every year. As a cornerstone of Canada’s net-zero economic plan, the federal government’s $93 billion suite of major economic tax credits are already available to help attract this investment.

    Beyond incentives to attract investment to Canada, investors need robust and transparent guidelines to credibly classify their investments into the clean economy on the path to net-zero. That is why in the 2023 Fall Economic Statement and Budget 2024, the government committed to develop a sustainable finance taxonomy identifying “green” and “transition” investments and to expand the coverage of mandatory climate disclosure requirements to private companies. Moving forward with these commitments is essential for market certainty, for Canada to unlock net-zero investments, and to uphold the Paris climate target of limiting global warming to 1.5°C above pre-industrial levels.

    Today in Toronto at the Principles for Responsible Investment conference, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced:

    • A plan to deliver Made-in-Canada sustainable investment guidelines; and,
    • Mandatory climate-related financial disclosures for large, federally incorporated private companies.

    The Made-in-Canada sustainable investment guidelines will become an important, voluntary tool for investors, lenders, and other stakeholders navigating the global race to net-zero by credibly identifying “green” and “transition” economic activities. These guidelines will provide the certainty needed to accelerate the flow of private capital into sustainable activities across the Canadian economy. From building electric vehicle batteries, to generating clean energy, to decarbonizing emissions-intensive heavy industries, these guidelines will identify job-creating activities in a way that is scientifically credible and aligned with limiting global temperature rise to 1.5°C above pre-industrial levels. The Canadian taxonomy will be developed and governed by an external, third-party organization(s).

    To attract more private capital into Canada’s largest corporations and ensure Canadian businesses can continue to effectively compete as the world races towards net-zero, the government is also moving forward with mandating climate-related financial disclosures for large, federally incorporated private companies. These disclosures will help investors better understand how large businesses are thinking about and managing risks related to climate change, ensuring that capital allocation aligns with the realities of a net-zero economy. Specifically, the government intends to bring forward amendments to the Canada Business Corporations Act that will require these disclosures. The government will launch a regulatory process to determine the substance of these disclosure requirements and the size of private federal corporations that would be subject to them. As small- and medium-sized businesses will not be subject to the requirements, the government is considering ways to encourage those businesses to voluntarily release climate disclosures, if they wish.

    The federal government is ready to work with provincial and territorial partners to ensure broad disclosure coverage across the Canadian economy. The government will seek to harmonize its regulations with those that will be required from public companies by securities regulators. More details will be released in due course.

    These two sustainable finance initiatives will mobilize further private sector capital towards activities essential to building a net-zero economy. More private sector capital will enable businesses to grow the economy, create more good-paying jobs for Canadians, and boost their resiliency against the risks posed by climate change.

    In addition to these announcements, today, the federal government successfully issued an additional $2 billion in green bonds, through a re-opening of Canada’s second green bond issued in February.

    Together, today’s progress is about building a flourishing Canadian sustainable finance industry and sending a clear signal to corporate boards and shareholders, at home and around the world, that Canada is their trusted partner for putting private capital to work in the race to net-zero.

    Quotes

    “In the 21st century, a competitive economy is a net-zero economy. We are seizing Canada’s economic advantages to attract investment and ensure Canadian workers benefit their fair share in the global race to net-zero. Today’s release of a path for Made-in-Canada sustainable investment guidelines and climate disclosures from large companies will accelerate the flow of private capital into Canada, in turn growing our economy, creating good jobs, and advancing our progress to net-zero emissions by 2050.”

    The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance

    “Building a cleaner economy is not only an environmental imperative, it is a major economic opportunity. The development of a sustainable investment taxonomy, paired with heightened transparency on climate disclosures, amounts to an important stepping stone for Canada on the path towards that cleaner economy. These initiatives will help mobilize needed private sector financial flows to build a cleaner economy and give investors who are looking for the sustainable option the clear direction they seek.”

    The Honourable Steven Guilbeault, Minister of Environment and Climate Change

    “Canadian workers and businesses are already attracting historic investment in areas such as clean energy, critical minerals, and electric vehicles, and seeing the associated benefits for job creation and economic growth. With changes announced today, investors will have more certainty that companies are taking real and serious action to address the climate crisis and drive down emissions, while building a strong economy.”

    The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources

    “Fighting climate change as well as protecting the economy and Canadians from the costs of climate inaction is a priority for our government. It’s important to send a clear signal to Canadian companies and organizations that climate risks and opportunities are critical to integrate into corporate culture and decision making, and that’s what we’re doing.”

    The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

    “Creating a financial system that is sustainable and globally competitive is essential for Canada’s economic future. In order to compete both at home and abroad, we are moving forward with sustainable investment guidelines and mandatory climate disclosures to help provide credibility, accountability, and transparency in the marketplace. These are essential conditions for investors and companies to fill the investment gap necessary to meet the climate challenge while seizing generational opportunities for clean prosperity.”

    Ryan Turnbull, Parliamentary Secretary to the Deputy Prime Minister and Minister of Finance and to the Minister of Innovation, Science and Industry

    Quick facts

    • In Budget 2024, the federal government committed to provide an update by the end of 2024 on the development of Made-in-Canada sustainable investment guidelines, in recognition that promoting credible climate investment and combatting greenwashing are critical to fostering investor confidence and mobilizing the private investment Canada needs to achieve net-zero by 2050. 

    • In the 2023 Fall Economic Statement, the federal government committed to develop options for making climate disclosures mandatory, as part of expanding mandatory climate disclosures across the Canadian economy. It also first announced the government’s commitment to developing a Made-in-Canada taxonomy. 

    • The development of a Made-in-Canada sustainable finance taxonomy and regulations to require climate disclosures from large companies builds on the important work done by the Sustainable Finance Action Council.

    • The federal government is investing over $160 billion in its net-zero economic plan, including through a $93 billion suite of tax credits for major economic investments in:

      • Carbon capture, utilization, and storage;
      • Clean technology;
      • Clean hydrogen;
      • Clean technology manufacturing;
      • Clean electricity; and,
      • Electric vehicle (EV) supply chains.
    • In addition to tax credits for major economic investments, the federal government is attracting net-zero private sector investment by:

      • Catalyzing private investment in low-carbon projects, technologies, businesses, and supply chains through the $15 billion Canada Growth Fund, which has already invested over $2 billion across eight deals, including three novel Carbon Contracts for Difference;
      • Leveraging at least $20 billion from the Canada Infrastructure Bank to build major clean electricity and clean growth infrastructure projects;
      • Securing Canada’s advantage as the world’s supplier of choice for critical minerals and the clean technologies they enable, by further developing supply chains through a $3.8 billion Critical Minerals Strategy; and,
      • Building more clean, affordable, and reliable power, and supporting innovation in electricity grids, including offshore wind, through the $3 billion recapitalization of the Smart Renewables and Electrification Pathways Program.
    • The third-party, arm’s-length organization(s) will further develop and implement the taxonomy.

    • The Department of Finance, Environment and Climate Change Canada, and Innovation, Science and Economic Development Canada will work together to make the required legislative and regulatory changes for mandatory climate disclosures.

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    Contacts

    Media may contact:

    Katherine Cuplinskas
    Deputy Director of Communications
    Office of the Deputy Prime Minister and Minister of Finance
    Katherine.Cuplinskas@fin.gc.ca

    Media Relations
    Department of Finance Canada
    mediare@fin.gc.ca
    613-369-4000

    General enquiries:

    Phone: 1-833-712-2292
    TTY: 613-369-3230
    E-mail: financepublic-financepublique@fin.gc.ca

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    MIL OSI Canada News

  • MIL-OSI Canada: Government advances Made-in-Canada sustainable investment guidelines to accelerate progress to net-zero emissions by 2050

    Source: Government of Canada News

    Backgrounder

    October 9, 2024

    The Government of Canada supports the development of voluntary Made-in-Canada sustainable investment guidelines (otherwise known as a taxonomy) that would categorize investments based on scientifically determined eligibility criteria that are consistent with the goal of reaching net-zero emissions by 2050 and limiting global temperature rise to 1.5°C above pre-industrial levels.

    This is a high standard that will be important for building and maintaining the credibility of a Canadian taxonomy, which will mobilize private capital for low- or non-emitting activities with a “green” category.

    Importantly, the Canadian taxonomy would also establish a “transition” category to identify, and boost funding for, scientifically credible pathways to rapidly decarbonize Canada’s emissions-intensive sectors. Canada’s leadership in the transition aspect of taxonomy will be a notable and valuable contribution to the international dialogue on transition finance.

    The development of the metrics-based Canadian taxonomy would first focus on the following sectors for the Canadian economy: electricity, transportation, buildings, agriculture and forestry, manufacturing, and extractives, including mineral extraction and processing, and natural gas. A taxonomy for two to three priority sectors will be released within 12 months of the arm’s-length, third-party organization(s) beginning its work.

    Once finalized, the Canadian taxonomy would be available for entities such as financial institutions, lenders, and companies to use on a voluntary basis. It would not be mandatory.

    Details of the Canadian Taxonomy

    This backgrounder outlines the government’s expectations for the development and implementation of the Canadian taxonomy, including:

    1. Guiding Principles
    2. Defining green and transition investments
    3. Priority Sectors
    4. Company-level expectations
    5. Governance and Funding

    Background on Taxonomy

    To close the climate financing gap, financial market participants, including banks, insurers, pension plans and asset managers, have indicated that they need clarity about what economic activities are considered “green” or “transition.” A taxonomy is a tool that can provide this clarity by promoting a shared understanding or classification system that defines or categorizes these activities.

    Like the proposed Canadian taxonomy, many international taxonomies also use detailed eligibility criteria, anchored in climate science, to support the taxonomy’s credibility among international investors. These eligibility criteria often involve the use of performance-based metrics and thresholds to demonstrate what economic activities are aligned with pathways to limiting global temperature rise to 1.5°C above pre-industrial levels, in line with the Paris Agreement. These taxonomies likewise aim to preserve interoperability with other jurisdictions to reflect the global nature of financial and capital markets.

    A taxonomy supports a wide range of use cases. For example, taxonomies can be used to set standards for classifying climate-related financial instruments (e.g., bonds or loans), and/or to evaluate the green or transition credentials of financial instruments and issuers.
    The aim of the Canadian taxonomy would be to mobilize investment in support of Canada’s net-zero transition by enabling investors to understand and communicate which key activities and investments will deliver a Canadian net-zero economy.

    Over 40 jurisdictions worldwide are developing or have implemented taxonomies, which generally are calibrated to a particular country’s domestic economic reality and priorities. This is an opportunity to develop a Made-in-Canada taxonomy that aligns with Canada’s net-zero pathways and drives transformational investments within Canada’s economy that will also create good-paying, sustainable jobs.

    The Sustainable Finance Action Council (SFAC), which was composed of 25 of Canada’s leading deposit-taking institutions, insurance companies, and pension funds, was launched by the Government of Canada in May 2021 to help lead the Canadian financial sector towards integrating sustainable finance into standard industry practice. The SFAC’s recommendations on taxonomy, including its Taxonomy Roadmap Report, have been important inputs for informing the Government of Canada’s next steps on taxonomy. The Government of Canada thanks the SFAC for its advice on taxonomy and its valuable contribution to building a sustainable finance market in Canada throughout its mandate, which concluded on March 31, 2024.

    i. Guiding Principles

    The Canadian taxonomy would be developed and maintained in accordance with the following principles (Guiding Principles), which draw from the recommendations of the SFAC and international organizations, as well as from international taxonomy precedents.

    These Guiding Principles are intended to ensure that the Canadian taxonomy fulfills its objective of being a credible and usable tool for financial market participants and others to identify green and transition investments.

    Guiding Principles

    • Usable

      Mobilize capital toward the net-zero transition.

    • Credible

      Clear, rigorous, and credible science-based criteria that align with limiting global temperature rise to 1.‍5°C above pre-industrial levels, with no or low overshoot and all relevant emissions scopes considered.​ Any activity which receives the green or transition taxonomy label must be scientifically defensible as being aligned with this.

    • Comprehensive

      Cover transition and green activities that make a material positive contribution to climate change mitigation, addressing high-emitting sectors.

    • Interoperable

      Be interoperable and broadly compatible with other major science-based taxonomies and frameworks globally, while reflecting Canada’s own economic context.

    • Transparent

      A governance structure that is transparent, efficient, adaptive, and results-oriented; safeguards scientific integrity; and engages with key stakeholders, including provincial and territorial governments, civil society, financial market participants, industry, and Indigenous partners.

    • Dynamic

      A built-in review process to ensure the Canadian taxonomy is updated as the landscape evolves.

    • Holistic

      Do-No-Significant-Harm criteria addressing environmental, social, and Indigenous objectives.

    ii. Defining green and transition investments

    At a high level, the Canadian taxonomy would define which economic activities are green or transition in line with SFAC recommendations, as follows:

    • Green: low-or zero-emitting activities, such as green hydrogen, solar, and wind energy generation, or those that enable them, such as electricity transmission lines and hydrogen pipelines; and,
    • Transition: decarbonizing emission-intensive activities that are critical for sectoral transformation and consistent with a net-zero, 1.5°C transition pathway, such as installing lower-emitting (electric) furnaces to produce steel.

    Activities are expected to be classified according to a categorization framework to be confirmed and operationalized. The figure below shows an example of such a framework proposed by the SFAC.

    SFAC Taxonomy Roadmap Report Categorization Framework

    For clarity, in this framework:

    Green activities are expected to be those that:

    • Do not have material scope 1 and 2 emissions;
    • Have low or zero downstream scope 3 emissions; and,
    • Sell into or benefit from markets that are expected to grow in the global
      net-zero transition.

    Transition activities are expected to be those that:

    • Have material scope 1 and 2 emissions but make significant emission reductions;
    • Have low or zero scope 3 emissions; and,
    • Do not create carbon lock-in and path dependency.

    As well as activities that:

    • Have material scope 3 emissions but significantly reduce their scope 1 and
      2 emissions;
    • Do not face immediate demand-side risk (i.e., market contraction); and,
    • Have lifespans proportionate to when global demand for their products is expected to decline.

    iii. Priority Sectors

    The initial phase of taxonomy development would focus on developing eligibility criteria for the following priority sectors. A taxonomy for two to three priority sectors will be released within 12 months of the arm’s-length, third-party organization(s) beginning its work. The final determination of eligible activities would rest with the third-party organization(s) which will develop, implement, and maintain the Canadian taxonomy, and align with the guiding principles, including scientific credibility and alignment with limiting global warming to 1.5°C:

    Electricity, which could include activities related to low- and zero-emitting electricity generation, electricity storage, and grid infrastructure improvements.

    Transportation, which could include low- and zero-emitting passenger and freight transportation activities in a variety of transportation modes (e.g., road, rail, marine transport) as well as enabling infrastructure (e.g., electric vehicle charging).

    Buildings, which could include the construction and operation of high-performance buildings, the retrofitting of buildings to improve their performance, and the installation of equipment to reduce the emissions of buildings and their occupants.

    Agriculture and Forestry, which could include the sustainable production of crops and livestock, activities to decarbonize agricultural production, and the planting, sustainable management, and restoration of forests.

    Heavy Industry:

    These important sectors of the Canadian economy have been prioritized based on the following criteria:

    • Anticipated future levels of green and transition investment opportunity, including as assessed by market participants;
    • Importance of their decarbonization for decarbonizing the Canadian economy, based on current sectoral emissions and projections of future emission reductions; and
    • Economic significance to Canada, including current levels of investment and economic activity.

    Further below is a list of examples of activities within these sectors that may be eligible for a green or transition taxonomy label, subject to the development of activity-specific performance criteria and Do-No-Significant-Harm requirements.

    iv. Company-level expectations

    The Government of Canada supports the adoption of net-zero targets, credible transition plans, and robust climate disclosures by Canadian companies. These are key infrastructure elements of a robust sustainable finance market and are essential to achieving net-zero goals, fostering transparency, and enabling informed decision-making.

    The Government of Canada has committed to moving towards mandatory climate-related financial disclosures across a broad spectrum of the Canadian economy. Mandatory disclosure requirements are already in place for federal Crown corporations and federally regulated financial institutions. The Government of Canada intends to bring forward amendments to the Canada Business Corporations Act to enable climate-related financial disclosure requirements for large, federally incorporated private companies.

    The Government of Canada encourages the developers of the taxonomy to consider including these company-level requirements as part of the eligibility criteria for green and transition labelling in the Canadian taxonomy, in line with SFAC’s recommendations.

    Potential Company-Level Actions for Taxonomy Users

    • Net-Zero Targets

      A commitment to reach net-zero emissions by 2050 or earlier, usually with interim targets.​

    • Credible Transition Plans

      A strategy that lays out the company’s targets, actions, and/or resources for its transition toward a lower-carbon economy, including actions such as reducing its greenhouse gas emissions.​

    • Robust Climate Disclosure

      The provision of information about a company’s climate-related governance, risk management, strategy, and metrics and targets.​

    v. Governance and Funding

    Developing a taxonomy requires significant climate science and sectoral expertise and engagement with stakeholders, including financial market participants, industry, civil society, governments, regulators, and Indigenous partners. In addition, good governance practices are needed to oversee the development and implementation of a Canadian taxonomy that safeguards scientific integrity and meets market needs. The guiding principle of scientific credibility will ensure that the taxonomy’s green and transition labels are only applied to activities that are in line with the goal of limiting global warming to 1.5°C with no or limited overshoot.

    The Canadian taxonomy would be developed, implemented, and maintained at arm’s length to the Government of Canada by an organization or organizations external-to-government.

    The final determination of guiding principles, eligible activities, priority sectors and company-level expectations would rest with the external-to-government organization.

    The Government of Canada would contribute funding to support the technical work to develop the eligibility criteria for the taxonomy.

    Examples of Potential Taxonomy Eligible Activities

    Under the Canadian taxonomy, a range of economic activities that contribute to Canada’s net-zero transition will be eligible for a “green” or “transition” label, which, for example, could be used in the context of labelled bond issuances. Not all economic activities will be eligible.

    Through a survey of international taxonomies, the following examples of activities in priority sectors that may be eligible for a green and/or transition label were identified. These examples are in no way intended to direct the work of the arm’s length organization or organizations who will develop, implement, and maintain the Canadian taxonomy, who would make final determinations with respect to the inclusion of and criteria for these example activities, in line with the guiding principles, including alignment with limiting global warming to 1.5°C. As such, these examples should be considered indicative only, not prescriptive.

    It is expected that activity-specific performance criteria would be developed for each activity included in the Canadian taxonomy along, with Do-No-Significant-Harm requirements, to define the circumstances under which that activity would be eligible for green or transition labelling. That is, only some forms of a given activity might be eligible while other forms of the same activity might be ineligible. Some forms of an eligible activity may be green-eligible while other forms would be transition-eligible. As such, the examples below show activities that may  be eligible, subject to activity-specific criteria and Do-No-Significant-Harm requirements.

    These examples are not intended to be exhaustive. The international taxonomies surveyed to identify these examples reflect the economic and net-zero transition needs of other jurisdictions, which may be different from those of Canada, so it is to be expected that the Canadian taxonomy could break new ground and include sub-sectors or activities not covered in these examples. For example, it could include green and transition activities in the agricultural sector such as certain forms of crop and livestock agriculture.

    In consideration of Canada’s economic makeup, the taxonomy could potentially include activities that significantly reduce the emissions of existing natural gas production and/or the emissions associated with a limited buildout of existing production sites. The technical drafters may also consider a broad range of possible eligibility criteria for existing natural gas production, such as the displacement of more polluting fuels internationally, provided they are aligned with limiting global temperature rise to 1.5°C above pre-industrial levels. Based on the Guiding Principles, the Government does not anticipate new natural gas production to be eligible. The final determination of eligible activities across all sectors will be made by the arms length, external organization(s).

    In the electricity sector, examples of potentially eligible green or transition activities include:

    • Co-generation of heating or cooling and electricity from solar energy;
    • Electricity generation from bioenergy;
    • Electricity generation using concentrated solar power (CSP) technology;
    • Electricity generation from geothermal energy;
    • Electricity generation from hydropower;
    • Electricity generation from ocean energy technologies;
    • Electricity generation using solar photovoltaic technology;
    • Electricity generation from wind power;
    • Storage of electricity; and,
    • Transmission and distribution of electricity.

    In the transportation sector, examples of potentially eligible green or transition activities include:

    • Low carbon transport infrastructure, such as electric vehicle charging.
    • Zero-emission and low-emission operations of the following modes of transportation:
      • Air transport, including ground handling operations;
      • Freight transport by road;
      • Inland water transport;
      • Road passenger transport;
      • Sea and coastal water transport;
      • Railway transport; and,
      • Urban and suburban passenger land transport.

    In the buildings sector, examples of potentially eligible green or transition activities include:

    • Acquisition and ownership of low-emitting and energy-efficient buildings;
    • Construction of low-emitting and energy-efficient new buildings;
    • Installation of energy efficiency equipment;
    • Installation of renewable energy technologies; and,
    • Renovation of existing buildings to reduce emissions and/or improve energy efficiency.

    In the agriculture and forestry sectors, examples of potentially eligible green or transition activities include:Footnote 1

    • Afforestation;
    • Conservation, restoration, and maintenance of natural forests; and,
    • Sustainable forest management.

    In the heavy industry sector, examples of potentially eligible green or transition activities include:

    • The low-emission or energy-efficient manufacturing of:
      • Aluminum;
      • Basic chemicals, such as ammonia, aromatics BTX, carbon black, chlorine, nitric acid, and soda ash;
      • Cement;
      • Hydrogen;
      • Iron and steel; and,
      • Plastics in primary form.
    • The manufacturing of:
      • Batteries;
      • Energy efficiency equipment for buildings, such as energy-efficient appliances and light sources, energy-efficient HVAC systems, heat pumps, and energy-efficient building automation and control systems;
      • Equipment for the production of hydrogen through electrolysis;
      • Low-carbon technologies for household sector;
      • Low-carbon technologies for transport, such as low-carbon vehicles that meet transportation sector criteria; and,
      • Renewable energy technologies.
    • The mining of:Footnote 2
      • Copper;
      • Iron ore;
      • Lithium; and,
      • Nickel.

    MIL OSI Canada News

  • MIL-OSI Security: Defense News: Secretary of the Navy Emphasizes Strategic Partnerships and Maritime Dominance at San Francisco Fleet Week

    Source: United States Navy

    San Francisco, CA – October 9, 2024 – Secretary of the Navy Carlos Del Toro delivered keynote remarks at the Senior Leader Seminar aboard USS Tripoli during San Francisco Fleet Week today.

    In his opening remarks, Secretary Del Toro underscored the historical significance of San Francisco to the U.S. Navy and the nation’s maritime heritage. He emphasized the need to revitalize the American maritime industry to meet the challenges of a complex global security environment, marked by the ongoing conflict in Ukraine, China’s assertive actions in the Indo-Pacific, and threats to maritime security in the Red Sea.

    “The world our nation faces today is much different than when I was sworn in as Secretary of the Navy,” said Secretary Del Toro. “We face a comprehensive maritime power – our pacing challenge – in the Indo-Pacific. The People’s Republic of China continues to assert its unlawful maritime claims, and we must be prepared to respond.”

    The Secretary commended the bravery and professionalism of U.S. Navy and Marine Corps personnel who have been deployed to deter aggression and protect freedom of navigation around the world. He cited recent examples of successful naval operations, including the defense of Israel from Iranian missile attacks and the ongoing efforts to safeguard commercial shipping in the Red Sea.

    “The actions of our ships and their crews echo the valiant and heroic legacies of their namesakes,” said the Secretary, drawing inspiration from the courage of naval heroes like Vice Admiral John D. Bulkeley. “Ladies and gentlemen, that is still the reputation of our Navy and Marine Corps – and it will remain our reputation because of the brave men and women who have chosen to serve our country.”

    Secretary Del Toro outlined his vision for Maritime Statecraft, a comprehensive approach that extends beyond traditional naval power to encompass a whole-of-government effort to strengthen the U.S. maritime industry. He stressed the importance of investing in domestic shipbuilding, fostering innovation, and building strong partnerships with local governments and industry leaders.

    “Maritime Statecraft recognizes that great naval power requires the solid foundation of a thriving commercial maritime industry,” emphasized the Secretary. “By restoring the competitiveness of these sectors, we can not only improve the cost-effectiveness of naval shipbuilding but also strengthen our national economy and maritime capabilities.”

    The Secretary’s remarks set the stage for a dynamic panel discussion moderated by Ms. Emily Desai, Senior Deputy Director for Strategic Program Planning and External Affairs at the Governor’s Office of Business and Economic Development. The panel featured Vice Adm. James Downey, Commander of Naval Sea Systems Command; Ms. Elaine Forbes, Director of the Port of San Francisco; Mr. Jim Wunderman, CEO of the Bay Area Council; Mr. Sal Vaca, Founder of Richmond Build; and Mr. Robert Gonzales of Mare Island Dry Dock. The panelists explored ways in which the Bay Area can contribute to the revitalization of the American maritime industry, including workforce development, infrastructure improvements, and technological innovation.

    Congressman John Garamendi, representing California’s 8th District, delivered closing remarks, reinforcing the importance of collaboration between government, industry, and local communities to ensure a strong and prosperous maritime sector. He commended the Secretary’s leadership in advancing Maritime Statecraft and pledged his continued support for initiatives to strengthen America’s sea power.

    The Senior Leader Seminar served as a powerful call to action, emphasizing the critical link between a robust maritime industry and national security. By fostering collaboration and innovation, the U.S. Navy and its partners are working to ensure that America remains a global maritime leader in the 21st century.

    MIL Security OSI

  • MIL-OSI USA: Case Condemns Misinformation On Federal Disaster Relief For Current And Pending Disasters

    Source: United States House of Representatives – Congressman Ed Case (Hawai‘i – District 1)

    (Washington, DC) – U.S. Representative Ed Case (D-HI-01), a member of the U.S. House Appropriations Committee’s Subcommittee on Homeland Security with authority over the budget of the Federal Emergency Management Agency (FEMA) and other federal disaster relief efforts, today condemned deliberate misinformation that FEMA and related disaster assistance is being diverted from current and pending disasters to other sources.

    “Not only is this misinformation fully inaccurate, but it is deliberately harming people and communities in most need of relief by leading them to believe incorrectly that they cannot access critical and available federal assistance,” said Case, whose own state of Hawai‘i continues to be critically impacted by the Maui wildfires of August 2023.

    “In fact, Congress just approved and the President just signed into law an additional $20 billion for FEMA’s Disaster Relief Fund (DRF), the federal government’s main channel of disaster relief, and all of those funds have been delivered to FEMA. These funds will fully continue FEMA’s disaster assistance efforts for all of Maui, recent Hurricane Helene and pending Hurricane Milton and other federally declared disasters until they require further replenishment.”

    Case noted that in North Carolina alone, which was heavily impacted by Hurricane Helene on September 27th of this year, FEMA continues full efforts on the ground along with some two thousand other federal employees. He further noted that on Maui, FEMA and other federal partners have now provided approximately $3 billion in Maui wildfire efforts and continues its assistance with ongoing DRF funding.

    FEMA’s DRF is the principal fund for immediate and ongoing disaster relief to affected communities. In the recent Continuing Resolution, which continued federal government funding into current Fiscal Year (FY) 2025 commencing October 1st and was passed by Congress and signed into law by the President on September 26th, the DRF, which was running low, was re-funded at $20 billion. Additionally, although federal government funding was continued through December 20, 2024 to allow for completion of the FY 2025 appropriations process and funding for most federal departments was prorated only through that date, Congress specifically authorized a full FY 2025 funding of $20 billion for the DRF and the money is fully available to FEMA.

    “The misinformation that FEMA does not have available federal disaster relief, and that these monies have instead been diverted to ‘illegal immigrants’, Ukraine, and elsewhere, is completely false,” said Case. “Not only do the perpetrators and amplifiers know that it is false, not only are they making these statements for political purposes, but they are also deliberately harming the people and communities who most need this assistance as they are effectively being told it’s useless to seek assistance when they most need it.”

    The Administrator of FEMA, Deanne Criswell, has called the misinformation a “truly dangerous narrative,” adding that it’s not just inconvenient, it is actively hindering disaster relief efforts by “creating this fear of trying to reach out and help us or register to help.”

    To counter misinformation, FEMA has also launched a Hurricane Rumor Response webpage, which you can view here: https://www.fema.gov/disaster/current/hurricane-helene/rumor-response

    U.S. Representative Chuck Edwards, a Republican representing one of the districts most heavily impacted by Helene, also issued a press release dispelling misinformation from “untrustworthy sources trying to spark chaos,” assuring people that Hurricane Helene was not geoengineered by the government, FEMA is not turning away donations, FEMA has not diverted disaster response funding to the border or foreign aid, FEMA is not going to run out of money and FEMA cannot seize property or land, among other things.

    Case continued: “To be clear, there are areas where disaster assistance is running dangerously low, in particular Small Business Administration loan relief, and it is also very clear that even the $20 billion of new appropriations into the DRF will not be sufficient to indefinitely continue disaster assistance to Maui, the communities affected by Helene and Milton and other impacted communities across the country. 

    “This is why I have joined colleagues on my House Appropriations Committee and otherwise in strongly advocating for an emergency supplemental disaster relief package to be passed as soon as Congress reconvenes this November after the elections.  My full efforts are devoted to passage of that package and to continued relief for Maui and all other communities affected by disasters.”

    ###

    MIL OSI USA News

  • MIL-OSI Banking: The new Global Signal Exchange will help fight scams and fraud in Australia

    Source: Google

    Scams have a devastating impact on people’s lives, and can cause real-world harm. Keeping people safe from scammers is core to the work of many teams at Google. It’s why we’ve developed world-class systems for detecting and preventing fraud, and block millions of attempted scams every day across our different products and services.

    It’s also why today we’re sharing more information about a new partnership to help fight scams, as well as announcing how Cross-Account Protection is actively protecting 3.2 billion users, since we first announced it earlier this year.

    Global Signal Exchange

    Today we are announcing a new partnership with the Global Anti-Scam Alliance (GASA) and DNS Research Federation (DNSRF) to launch the Global Signal Exchange (GSE). The GSE is a new project with the ambition to be a global clearinghouse for online scams and fraud bad actor signals, with Google becoming its first Founding Member.

    This collaboration leverages the strengths of each partner: GASA’s extensive network of stakeholders, the DNS Research Federation’s robust data platform with already over 40 million signals, and Google’s experience in combating scams and fraud. By joining forces and establishing a centralised platform, GSE aims to improve the exchange of abuse signals, enabling faster identification and disruption of fraudulent activities across various sectors, platforms and services. The goal is to create a user-friendly, efficient solution that operates at an internet-scale, and is accessible to qualifying organisations, with GASA and the DNS Research Federation managing access.

    The GSE seeks to address the complex issue of online fraud and scams signal sharing. We have had a long history of partnering with Priority Flaggers around the world to take in scam signals. In this initial pilot of the data platform, Google was for the first time able to share over 100,000 URLs of bad Shopping merchants and as part of the same test, ingest 1 million scam signals. We’ll start by sharing URLs that we have actioned under our scams policies, and as we gain experience from the pilot, we will look to add data soon from other relevant Google product areas.

    The data engine powering the platform runs on Google Cloud Platform and will allow participants to both share and consume signals gathered by others while benefiting from Google Cloud Platform’s AI capabilities to find patterns and match signals smartly.

    As part of this announcement, Google is supporting the DNS Research Federation and GASA with new funding to launch the GSE. We have also developed a partnership enabling the sending and receiving of signals related to scam and fraud activities across relevant and in-scope products and services related to online scams and fraud.

    We know from experience that fighting scams and the criminal organisations behind them requires strong collaboration among industry, businesses, civil society and governments to combat bad actors and protect users. We’re committed to doing our part to protect users, including through our continued work developing tools, publishing research, and sharing expertise and information with others to protect people online.

    Cross-Account Protection

    In May, we announced Cross-Account Protection, a tool which enables ongoing cooperation between platforms in the fight against abuse. Today we’re sharing that Cross-Account Protection is actively protecting 3.2 billion users across sites and apps where they sign in with their Google Account. This helps support our commitment to keeping you safe on Google platforms — and beyond.

    Cross-Account Protection is free and automatically available when sites and apps integrate Sign in with Google, allowing Google to share security notifications — in a privacy-preserving way — about suspicious events with the apps and services you’ve connected to your Google Account. Collaboration is critical to protect people across the internet, and that’s why we’re proud to be partnering with your favorite sites and apps on Cross-Account Protection, including Canva, Electronic Arts and Indeed. In turn, third-party apps and services can use Google’s suspicious event detection to help keep you safer online and prevent cybercriminals from gaining and maintaining a foothold across your many online accounts.

    MIL OSI Global Banks

  • MIL-OSI Russia: Financial news: Prospects for the development of remote identification of clients of financial organizations: report of the Bank of Russia

    MILES AXLE Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    Digitalization of the financial sector, development of remote service channels have created a demand for remote identification of clients of financial institutions. Bank of Russia offers to discuss directions for further development of this institution, the need to introduce new mechanisms and technological solutions, as well as possible risks and ways to minimize them.

    For example, despite the active use of new technologies, including audio and video communications, the personal presence of the client is still required when opening an account at a bank. This is due, in particular, to threats in the field of information security, including identity substitution using artificial intelligence algorithms. The Bank of Russia and Rosfinmonitoring plan to develop special regulations that will allow banks to identify clients via video communications, but such an opportunity, as suggested in the report, will be provided only within the framework of an experimental legal regime.

    The report pays special attention to the problem of identification carried out by bank payment agents.

    Preview photo: Stock-Asso / 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 accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.kbr.ru/press/event/?id=21066

    MIL OSI Russia News

  • MIL-OSI USA: Disaster Recovery Center Opens in Buncombe County

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opens in Buncombe County

    Disaster Recovery Center Opens in Buncombe County

    Raleigh, N.C. – A Disaster Recovery Center will open Thursday, Oct. 10 in Asheville (Buncombe County) to assist North Carolina survivors who experienced losses from Helene.

    The Buncombe County center is located at: 

    A.C. Reynolds High School
    1 Rocket Dr.
    Asheville, NC 28803
    Open: 8 a.m. – 7 p.m., Monday through Sunday  

    A Disaster Recovery Center is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.

    FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral or dental expenses.

    A Comfort Care Center will also be available at this location where survivors can shower, do laundry and take advantage of other services.

    Additional recovery centers will be opening soon. To find other center locations go to fema.gov/drc or text “DRC” and a Zip Code to 43362. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology.  

    Homeowners and renters in 27 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center. No appointment is needed. 

    It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA app. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service.

    For the latest information about the North Carolina recovery, visit fema.gov/disaster/4827. Follow FEMA on X at x.com/femaregion4 or on Facebook at facebook.com/fema.

    barbara.murien…

    MIL OSI USA News

  • MIL-OSI USA: FACT SHEET: Hurricane Helene Recovery Continues as Biden-⁠ Harris Administration Prepares for Hurricane  Milton

    US Senate News:

    Source: The White House
    The Biden-Harris Administration continues to both make urgent and life-saving preparations for Hurricane Milton and carry out response and recovery efforts for communities impacted by Hurricane Helene.
    Today, President Biden and Vice President Harris received a briefing from members of their Administration about updates on the latest forecast for Hurricane Milton, expected impacts for the State of Florida, and the robust pre-landfall preparations underway. They also received an update on the ongoing response to the impacts of Hurricane Helene across the Southeast and Appalachia. President Biden will address the Nation tonight regarding Hurricane Milton.
    President Biden has spoken to Florida Governor Ron DeSantis, Tampa Mayor Jane Castor, Clearwater Mayor Bruce Rector, and Pinellas County Chairwoman Kathleen Peters to get firsthand reports on recovery efforts for Hurricane Helene and to discuss preparations for Hurricane Milton. The President told each of the officials to call him directly if they need additional assistance on response and recovery efforts.
    More than 8,000 Federal personnel are on the ground across the Southeast, including in Florida, to continue Hurricane Helene recovery efforts and respond to the impacts of Hurricane Milton.
    At the direction of President Biden, FEMA Administrator Deanne Criswell will travel to Florida tonight to join the personnel on the ground and ensure every Floridian gets the help they need when this storm passes.
    Additional updates on our efforts for Hurricanes Milton and Helene include:
    Hurricane Milton Pre-Landfall Preparations
    Pre-Landfall Outreach and Emergency Declarations
    President Biden granted pre-landfall emergency declarations for the State of Florida and the Seminole Tribe of Florida for Hurricane Milton, enabling FEMA to provide direct assistance to the state, local and Tribal response, preposition supplies and response assets and mobilize hundreds of personnel in the state, many of whom were already in place supporting the Hurricane Helene response.
    The White House has been in contact with more than 60 Florida officials from all 51 counties that fall under the pre-landfall Emergency Declaration approved by President Biden. We remain in close communication with officials in the 16 cities and counties that will likely be in the direct path of the storm.
    Surging Resources and Personnel to Florida
    FEMA has over 1,000 responders on the ground in Florida supporting Hurricane Milton preparations and recovery efforts from previous disasters. There are over 1,400 search and rescue personnel pre-staged to support Hurricane Milton response efforts.
    The U.S. Coast Guard has 1,300 personnel stationed in Florida ready to immediately assist with life-saving and life sustaining search and rescue operations throughout the State. The Coast Guard also has personnel ready who will work directly with the U.S. Army Corps of engineers to assess and open the critical lifeline of the Port of Tampa as quickly as possible to ensure necessary supplies and fuel can start to flow into the impacted areas again.
    The State of Florida has activated over 6,000 members of the National Guard and expects to bring on an additional 3,000 National Guard members from Florida and other States to support State response activities.
    The Federal government has pre-positioned resources to support local and state response efforts ahead of Hurricane Milton. FEMA pre-staged seven FEMA Incident Management Assistance Teams, eight federal Urban Search & Rescue and swift water rescue teams, three U.S. Coast Guard Swift Water Rescue teams, 10 HealthCare System Assessment Teams, two U.S Army Corps of Engineers temporary power teams, debris experts, Environmental Protection Agency wastewater experts, over 500 ambulances, 20 helicopters prepared to support media requirements following landfall, and 60 High Water Vehicles with ladders from the Department of Defense.
    Additionally, FEMA has five incident staging bases with commodities including food and water. Right now, FEMA has 20 million meals and 40 million liters of water ready to deploy to address ongoing Helene and Milton response efforts with capacity to expand as needed.
    The Department of Defense is ready to support air search-and-rescue efforts, support urban search-and-rescue teams, provide helicopters to move personnel and equipment, and provide high water vehicles. The U.S. Army Corps of Engineers is staged across the area of impact and is prepared to support debris management, assessments of infrastructure and water/wastewater facilities, temporary power installations, and flood/water mitigation efforts.
    Additional Efforts to Support Pre-Landfall Preparations and Protect Communities
    The National Oceanic and Atmospheric Administration (NOAA) is leveraging state-of-the-art technology to keep communities safe throughout the southeast. NOAA’s fleet of “Hurricane Hunter” aircraft gather vital data to help improve track and intensity forecasts, supporting the 24-7 work of the National Weather Service (NWS). NWS provides the real-time, accurate information that assists local meteorologists and emergency operations leaders protect their communities and combat weather misinformation. Additionally, data from reconnaissance planes and drones used to survey damage following Hurricane Helene’s landfall will help us better prepare for post-Milton recovery operations.
    The Department of Energy’s Energy Response Organization remains activated to respond to storm impacts. Via the Electricity Sub-Sector Coordinating Council and Oil and Natural Gas Sub-Sector Coordinating Council, the Department has been coordinating continuously with energy sector partners on both the ongoing Hurricane Helene response and potential impacts from Hurricane Milton.
    The Department of Housing and Urban Development (HUD) has notified local public housing authorities and owners of its assisted multifamily and heath care properties within the State of Florida to immediately implement all appropriate safety protocols for residents and workers. HUD is committed to ensuring that residents of its assisted homes and properties receive critical information that can save lives during extreme weather events. HUD is also conducting outreach and communications on the programmatic flexibilities and waivers that can be utilized to assist communities and survivors. Additionally, HUD is working with communities, shelter operators and homelessness services providers to prepare and support them—in collaboration with FEMA and disaster assistance organizations such as the Red Cross—as they provide life-saving assistance before and after the storm.
    The Department of Health and Human Services’ Administration for Strategic Preparedness and Response (ASPR) is assessing potential critical supply chain disruptions following Hurricane Helene’s impact on the IV solution supply chain. ASPR is coordinating with B Braun, an IV solution manufacturer with a facility in Daytona Beach, Florida, to move their product out of the path of the storm and facilitate other activities that will mitigate potential impacts on future distribution. ASPR and HHS partners are committed to continue working with public and private partners to support the supply chain as facilities address return to full operational capacity. ASPR is encouraging manufacturers, wholesalers, and distributors to evaluate product allocation and healthcare providers to implement product conservation strategies to maximize available supply. ASPR is in communication with stakeholders to reduce disruption and facilitate product allocation.
    Protecting Impacts to Power and Travel Infrastructure
    The Department of Transportation is deploying a Federal Aviation Administration (FAA) Air Traffic Field Incident Response team to Florida and pre-staging operations in Jacksonville to support any impacted towers and airports. The team will work with the State and local authorities and the Department of Defense within the established Emergency Operations Center. The Department of Transportation is also deploying the FAA Communication Support Team (CST), which plays a critical role in restoring communications at impacted air traffic management facilities. Specifically, the CST will set up Starlink and Mobile Phone Bonding kits, which increase signal stability and data throughout the region. The FAA Air Traffic Organization Technical Operations Team is on-site and leading the restoration efforts for communications at air traffic facilities. The FAA is placing aircraft on standby to transport personnel from various agencies, mobilize resources, and support damage assessments to infrastructure.
    The FAA granted permission to the utility Florida Power & Light to use large Teros drones to assist with damage assessments and power restoration after Milton passes. These 1,800-pound drones can fly in harsh conditions and operate in winds up to 70 mph before crewed aircraft are able to fly.
    The Department of Transportation’s Federal Highway Administration is coordinating with the Florida Department of Transportation (FDOT) and is prepared to rapidly process Emergency Relief (ER) funding requests from FDOT. The ER program helps pay for long-term, permanent repairs, and other immediate emergency repairs, such as protecting remaining facilities and restoring essential traffic. It reimburses State, local, federal, Tribal, and territorial governments for eligible expenses associated with damage from natural disasters or other emergency situations based on their requests.
    Hurricane Helene Response and Recovery
    The Department of Defense continues to support search-and-rescue operations, route clearance, and commodities distribution across western North Carolina with 1,500 active-duty troops. The Department of Defense is also employing additional capabilities to assist with increasing situational awareness across the remote terrain of Western North Carolina. The Army Corps of Engineers continues missions supporting temporary emergency power installations, infrastructure assessments, and debris management oversight.
    Mobilizing Financial Assistance and Surging Additional Personnel and Resources
    Over $344 million in assistance has been provided to Hurricane Helene survivors. President Biden approved a 100 percent Federal cost-share for Florida, Georgia, North Carolina, South Carolina and Tennessee to assist in those States’ response efforts. In North Carolina alone, FEMA has approved over $60 million in aid for more than 51,000 households.
    FEMA personnel and other Federal partners, including FEMA’s Surge Capacity Force, remain on the ground supporting impacted communities, with over 17.2 million meals and 13.9 million liters of water delivered and ensuring information is accessible, including resources in preferred languages and ASL.
    Over the course of the last two weeks, 1,000 Urban Search and Rescue personnel have assisted over 3,200 survivors. FEMA Disaster Survivor Assistance Teams are on the ground in neighborhoods in all Helene-affected States helping survivors apply for assistance and connecting them with additional State, local, Federal and voluntary agency resources.
    Supporting Infrastructure Recovery
    The U.S. Department of Transportation’s Federal Highway Administration announced over $130 million in Quick Release Emergency Relief funding to support North Carolina, South Carolina, and Tennessee. The funding represents a down payment to address the immediate needs to restore vital transportation systems in these states. Additional funding will flow to affected communities from the Emergency Relief program.
    The Federal Aviation Administration (FAA) worked with partners to ensure the national airspace returned to steady state operations and all airports across impacted states reopened. The FAA’s Security and Hazardous Materials Safety Communication Support Team was deployed to restore communications to impacted airports, including delivering satellite communications kits to the Asheville Regional Airport in North Carolina and ongoing work at Valdosta Regional Airport in Georgia. The FAA Air Traffic Organization Technical Operations Team is on-site and leading communications restoration efforts at air traffic facilities. FAA also supported FEMA with two aircrafts to conduct flyover assessments and transport emergency personnel and gear, such as satellite communications kits.
    Additionally, the Federal Motor Carrier Safety Administration issued Regional Emergency Declarations for Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. This Declaration affords emergency regulatory relief from Federal Motor Carrier Safety regulations, including maximum driving time for property- and passenger-carrying vehicles from the date of declaration. This allows truck drivers to get essential supplies to affected areas. The FMCSA Regional Declaration eliminates the need for each individual state to request a 14-day extension and allows FMCSA the ability to manage one declaration that includes all eight states and does not expire until October 27.
    NOAA continues to support post-disaster imagery flights following Hurricane Helene, already totaling over 68 flight hours during 20 flights, including over western North Carolina. NOAA is currently repositioning to support Florida and the impacts of Hurricane Milton. NOAA’s aerial imagery captures damage to coastal areas caused by a storm and aids safe navigation. Aerial imagery is a crucial tool to determine the extent of the damage from flooding, and to compare baseline coastal areas to assess the damage to major ports and waterways, coastlines, critical infrastructure, and coastal communities. This imagery not only supports FEMA and the broader response community, but the public at large.
    Supporting Students and Student Loan Borrowers
    The U.S. Department of Education is lifting up a series of resources for students, families, and borrowers impacted by these hurricanes. These resources include guidance, in person support, technical assistance, and peer-to-peer connections for state and local leaders; resources for recovery needs such as mental health support for students and educators; flexibilities to help institutions of higher education continue to manage the Federal financial aid programs; and automatically enrolling affected borrowers with missed payments into a natural disaster forbearance. Thanks to regulations issued by the Biden-Harris Administration, this forbearance will count toward Public Service Loan Forgiveness (PSLF) and income-driven repayment forgiveness.
    Providing Financial Flexibilities to Homeowners and Taxpayers
    The Department of Housing and Urban Development is providing a 90-day moratorium on foreclosures of mortgages insured by the Federal Housing Administration (FHA) as well as foreclosures of mortgages to Native American borrowers guaranteed under the Section 184 Indian Home Loan Guarantee program. The moratorium and extension are effective as of the President’s disaster declaration date in each state. When homes are destroyed or damaged to an extent that reconstruction or complete replacement is necessary, HUD’s Section 203(h) program provides FHA insurance to disaster victims. Borrowers from participating FHA approved lenders are eligible for 100 percent financing including closing costs. HUD’s Section 203(k) loan program enables individuals to finance the purchase or refinance of a house, along with its repair, through a single mortgage. Homeowners can also finance the rehabilitation of their existing homes if damaged. FHA is coordinating and collaborating with the Federal Housing Finance Agency, Department of Veterans Affairs and the Department of Agriculture to ensure consistent messaging and policies for single family loans regarding foreclosure moratoriums and repayment/arrearage agreements. Additionally, affected homeowners that have mortgages through Government-Sponsored Enterprises – including Fannie Mae and Freddie Mac – and the FHA are eligible to suspend their mortgage payments through a forbearance plan for up to 12 months.
    The Internal Revenue Service announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina and South Carolina and parts of Florida, Tennessee and Virginia. Taxpayers in these areas now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments. In addition, the Internal Revenue Service is providing more than 1,000 employees to help with FEMA disaster relief call lines and intake initial information to help disaster victims get federal relief. IRS Criminal Investigation agents are also on the ground in devastated areas to help with search and rescue efforts and other relief work – including assisting with door-to-door search efforts.
    Protecting Public Health
    The U.S. Department of Health and Human Services activated the Emergency Prescription Assistance Program for North Carolina to aid uninsured residents in replacing prescription medicines or certain medical equipment lost or damaged in Hurricane Helene.
    The U.S. Environmental Protection Agency is working closely with state and local officials to restore drinking water service in North Carolina and across the Southeast as well as provide assistance in debris and hazardous waste clean-up efforts.
    Supporting Workers and Worker Safety
    The U.S. Department of Labor announced initial emergency grant funding to Florida to support disaster-relief jobs and training services to help respond to Hurricane Helene. Additional grant funding for North Carolina is forthcoming. The National Dislocated Worker Grant – supported by the Workforce Innovation and Opportunity Act of 2014 – allows the Florida Department of Commerce to provide people with temporary disaster-relief jobs and the delivery of humanitarian assistance to address immediate, basic needs for those displaced by Hurricane Helene. The funding also enables the state to provide training and services to individuals in the affected communities.
    Working alongside the Department of Labor, the States of Florida, North Carolina, South Carolina, and Tennessee have all announced that eligible workers can receive federal Disaster Unemployment Assistance to compensate for income lost directly resulting from Hurricane Helene. And, through the Department of Labor’s innovative partnership with the U.S. Postal Service, displaced workers from North Carolina and South Carolina can now go to the post office in any other state and verify their ID for purposes of getting their benefits quickly.
    The Department of Labor is also working alongside on-the-ground personnel providing disaster relief, recovery, and rebuilding to prevent additional workplace disasters. This includes producing a worker safety training resource for resilience workers in Florida who are continuing to clear debris, rebuild infrastructure, and prepare for Hurricane Milton. This also includes activating the Wage and Hours Division Natural Disaster outreach, education and strategic enforcement program to provide employers and workers with the information they need to ensure everyone is paid correctly under the law.

    MIL OSI USA News

  • MIL-OSI USA: The Marshall Star for October 9, 2024

    Source: NASA

    By Rick Smith
    Nearly 500 students and faculty of Auburn University gathered on campus Sept. 30-Oct. 2 to hear lectures from leading NASA propulsion and engineering experts and to talk careers goals and opportunities with representatives of the U.S. space program and various aerospace industry firms.
    The Aerospace Industry Day event, exclusively focused on careers supporting rocketry and space exploration, was the first of its kind at Auburn. University spokespersons said they hope to make it an annual expo – and team members from NASA’s Marshall Space Flight Center helped ensure the kickoff was a success.

    “The event marked a significant milestone for our organization and the university as a whole,” said Austin Miranda, an Auburn aerospace engineering undergraduate and president of Auburn’s chapter of the American Institute of Aeronautics and Astronautics. “We deeply appreciate NASA’s participation, which significantly enriched the experience for our attendees.”
    Marshall managers and engineers in the Space Launch System and Human Landing System programs, the Engineering Directorate, and the Space Nuclear Propulsion Office presented guest lectures, staffed exhibit booths, and met informally with students. The event also included a pair of intensive focus sessions on propulsion engineering, face-to-face networking opportunities between students and NASA and industry leaders, and a career fair with Marshall, the U.S. Space & Rocket Center, and more than a dozen leading aerospace industry companies.
    “As an Auburn alum, it’s always great to be able to return to the plains and engage in activities on campus,” said Josh Whitehead, associate manager of the SLS Stages Element at Marshall. “I was impressed not only with the outstanding faculty who engaged from multiple engineering departments, but also with the engineering students who asked informed, insightful questions about NASA, our missions, and the new technologies we are developing to enable exploration of space.”
    Mike Houts, nuclear research manager for NASA’s Space Nuclear Propulsion Office at Marshall, also was struck by students’ enthusiasm.
    “The students’ depth of interest and understanding was impressive,” he said. “Many of them stayed to talk long after events were officially over, and several have already followed up by email. I foresee lots of ‘win-win’ potential moving forward.”

    Among the aerospace industry participants were representatives from the U.S. Missile Defense Agency, Gulfstream Aerospace Corp., Jacobs Technology, Lockheed Martin, Relativity Space, Reliable Microsystems, RTX subsidiaries Pratt & Whitney and UTC Aerospace Systems, and Technology Service Corp. 
    “Everyone was impressed with the level of knowledge and interest from Auburn students, many of whom waited in long lines to ask questions and talk about career opportunities,” said Heather Haney, SLS Program test and verification subsystem manager. “NASA has a great history of collaborating with Auburn to support our nation’s space program, and that was reflected by the excitement on so many faces during the event.”
    Auburn has contributed to a number of key Marshall endeavors in recent years, including support for Marshall’s RAMPT (Rapid Analysis and Manufacturing Propulsion Technology) project, refining a variety of additive manufacturing processes, and for a new laser-ablation technology study to develop multi-material 3D printers for use in microgravity. The latter is set to begin testing in spring 2025. Additive manufacturing research at Auburn was pivotal to development of NASA’s 2024 Invention of the Year, an innovative rocket engine thrust chamber liner and fabrication method. Auburn students also are perennial contenders in annual NASA STEM events, including the NASA Human Exploration Rover Challenge and the Student Launch rocketry competition.
    The Aerospace Industry Day event was hosted by Auburn’s Office of Career Development and the Samuel Ginn College of Engineering.
    Smith, an Aeyon employee, supports the Marshall Office of Communications.
    › Back to Top

    NASA and SpaceX are standing down from the Oct. 10 launch attempt of the agency’s Europa Clipper mission due to anticipated hurricane conditions in the area.
    Hurricane Milton is expected to move east to the Space Coast after making landfall on Florida’s west coast. High winds and heavy rain are expected in the Cape Canaveral and Merritt Island regions on Florida’s east coast. Launch teams have secured NASA’s Europa Clipper spacecraft in SpaceX’s hangar at Launch Complex 39A at the agency’s Kennedy Space Center ahead of the severe weather, and the center began hurricane preparations Oct. 6.

    “The safety of launch team personnel is our highest priority, and all precautions will be taken to protect the Europa Clipper spacecraft,” said Tim Dunn, senior launch director at NASA’s Launch Services Program.
    On Oct. 4, workers transported NASA’s Europa Clipper spacecraft from the Payload Hazardous Servicing Facility at Kennedy to the SpaceX Falcon Heavy rocket in the hangar as part of final launch preparations ahead of its journey to Jupiter’s icy moon. While Europa Clipper’s launch period opens Oct. 10, the window provides launch opportunities until Nov. 6.
    Once the storm passes, recovery teams will assess the safety of the spaceport before personnel return to work. Then launch teams will assess the launch processing facilities for damage from the storm.
    “Once we have the ‘all-clear’ followed by facility assessment and any recovery actions, we will determine the next launch opportunity for this NASA flagship mission,” Dunn said.
    Managed by Caltech in Pasadena, California, NASA’s Jet Propulsion Laboratory (JPL) leads the development of the Europa Clipper mission in partnership with the Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland, for NASA’s Science Mission Directorate. The main spacecraft body was designed by APL in collaboration with JPL and NASA’s Goddard Space Flight Center. The Planetary Missions Program Office at NASA’s Marshall Space Flight Center executes program management of the Europa Clipper mission. NASA’s Launch Services Program, based at Kennedy, manages the launch service for the Europa Clipper spacecraft.
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    The seven NASA astronauts aboard the International Space Station relaxed and took a break Oct. 8 before the SpaceX Crew-8 mission leaves. Mission managers are monitoring weather conditions off the coast of Florida with Hurricane Milton.
    Expedition 72 flight engineers Matthew Dominick, Mike Barratt, and Jeanette Epps of NASA and Alexander Grebenkin from Roscosmos are now targeting departure from the orbital outpost aboard the SpaceX Dragon Endeavour spacecraft for no earlier than 2:05 a.m. CDT on Oct. 13, pending weather. The Commercial Crew Program (CCP) crew is scheduled to call down to Mission Control Center for farewell remarks Oct. 10 at 8:15 a.m. Watch live coverage of both events on NASA+. Learn how to watch NASA content through a variety of platforms, including social media.

    Space biology and physics were the focus of research operations for the Expedition 72 crew Oct. 7. NASA flight engineer Nick Hague worked in the Columbus laboratory module swapping filters inside the BioLab’s incubator. BioLab supports the observation of microbes, cells, tissue cultures and more to understand the effects of weightlessness and radiation on organisms. NASA flight engineer Don Pettit set up a laptop computer on the Cell Biology Experiment Facility, a research incubator with an artificial gravity generator, located in the Kibo laboratory module.
    Station Commander Suni Williams explored space physics mixing gel samples and observing with a fluorescence microscope how particles of different sizes gel and coarsen. Results are expected to benefit the medicine, food, and cosmetic industries. NASA astronaut Butch Wilmore, who has been aboard the station with Williams since June 6, trained to operate advanced life support gear installed in the Microgravity Science Glovebox for a different space physics experiment then relaxed the rest of the day.
    The Huntsville Operations Support Center (HOSC) at NASA’s Marshall Space Flight Center provides engineering and mission operations support for the space station, the CCP, and Artemis missions, as well as science and technology demonstration missions. The Payload Operations Integration Center within HOSC operates, plans, and coordinates the science experiments onboard the space station 365 days a year, 24 hours a day.
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    Dave Reynolds has been named to the Senior Executive Service position of manager of the Space Launch System (SLS) Booster Office at NASA’s Marshall Space Flight Center, effective immediately. In his role, Reynolds is responsible for the design, development, and flight of the solid rocket boosters for the SLS rocket, NASA’s deep-space flagship rocket, designed for a new era of science and exploration.

    Reynolds began his NASA career in Marshall’s propulsion systems department in 2004 as a rocket engines component designer. Since 2020, Reynolds has served as the deputy program manager for the SLS Boosters Office. In this role, he was responsible for the execution of two major contracts with a combined value of $7.6 billion. He also served as an alternate to the manager for overseeing the performance, budget, schedule, and discretionary spending for developing, fabricating, and flying the SLS Boosters. Reynolds supervised a team of 31 civil servants and contractors and acted as the representative for the booster element in key SLS program reviews decision boards, milestones, and budget risk assessments.
    Reynolds’ previous roles include leading the development program for the SLS Booster Obsolescence and Life Extension effort starting in 2016, officially being selected as the development program manager in 2019. In this role he was responsible for creating the strategic plan and initiating the early development phases for the SLS Block II Booster. He also served as a SLS Booster subsystem manager from 2013-2019 where he was responsible for the management of the SLS motor cases, igniters, and small motors.
    From 2012-2013, Reynolds participated in a temporary rotational assignment with the Defense Intelligence Agency’s Missile and Space Intelligence Center where he acted as the NASA liaison as a propulsion subject matter expert and supported military intelligence assessments of foreign weapon systems. From 2002-2004, Reynolds was a design engineer at the Naval Air Warfare Center Weapons Division at China Lake, California, where he served as a propulsion designer specializing in the design, fabrication, and testing of U.S. Navy weapons propulsion systems.
    Reynolds holds a Bachelor of Science degree in chemical engineering from Brigham Young University and a Master of Business Administration and Management from the University of Alabama in Huntsville. He holds two patents for additive manufacturing technologies and has received numerous NASA awards including the Outstanding Leadership Medal, the Exceptional Achievement Medal, and the Silver Snoopy.
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    By Wayne Smith
    NASA has selected 75 student teams to begin an engineering design challenge to build rovers that will compete next spring at the U.S. Space and Rocket Center near the agency’s Marshall Space Flight Center. The competition is one of the agency’s Artemis Student Challenges, encouraging students to pursue degrees and careers in science, technology, engineering, and mathematics (STEM).

    Recognized as NASA’s leading international student challenge, the 31st annual Human Exploration Rover Challenge (HERC) aims to put competitors in the mindset of NASA’s Artemis campaign as they pitch an engineering design for a lunar terrain vehicle which simulates astronauts piloting a vehicle, exploring the lunar surface while overcoming various obstacles.
    Participating teams represent 35 colleges and universities, 38 high schools, and two middle schools from 20 states, Puerto Rico, and 16 other nations from around the world. The 31st annual Human Exploration Rover Challenge (HERC) is scheduled to begin on April 11, 2025. The challenge is managed by NASA’s Southeast Regional Office of STEM Engagement at Marshall.
    Following a 2024 competition that garnered international attention, NASA expanded the challenge to include a remote-control division, Remote-Operated Vehicular Research, and invited middle school students to participate. The 2025 HERC Handbook includes guidelines for the new remote-control division and updates for the human-powered division.
    NASA’s Artemis Student Challenges reflects the goals of the Artemis campaign, which seeks to land the first woman and first person of color on the Moon while establishing a long-term presence for science and exploration.
    More than 1,000 students with 72 teams from around the world participated in the 2024 challenge as HERC celebrated its 30th anniversary as a NASA competition. Since its inception in 1994, more than 15,000 students have participated in HERC – with many former students now working at NASA, or within the aerospace industry. 
    Smith, a Media Fusion employee and the Marshall Star editor, supports the Marshall Office of Communications.
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    By Wayne Smith
    NASA has selected 71 teams from across the U.S. to participate in its 25th annual Student Launch Challenge, one of the agency’s Artemis Student Challenges. The competition is aimed at inspiring Artemis Generation students to explore science, technology, engineering, and math (STEM) for the benefit of humanity.
    As part of the challenge, teams will design, build, and fly a high-powered amateur rocket and scientific payload. They also must meet documentation milestones and undergo detailed reviews throughout the school year.

    The nine-month-long challenge will culminate with on-site events starting on April 30, 2025. Final launches are scheduled for May 3, at Bragg Farms in Toney, Alabama, just minutes north of NASA’s Marshall Space Flight Center. Teams are not required to travel for their final launch, having the option to launch from a qualified site. Details are outlined in the Student Launch Handbook.
    Each year, NASA updates the university payload challenge to reflect current scientific and exploration missions. For the 2025 season, the payload challenge will again take inspiration from the Artemis missions, which seek to land the first woman and first person of color on the Moon, and pave the way for future human exploration of Mars.
    As Student Launch celebrates its 25th anniversary, the payload challenge will include reports from STEMnauts, non-living objects representing astronauts. The STEMnaut crew must relay real-time data to the student team’s mission control via radio frequency, simulating the communication that will be required when the Artemis crew achieves its lunar landing.
    University and college teams are required to meet the 2025 payload requirements set by NASA, but middle and high school teams have the option to tackle the same challenge or design their own payload experiment.
    Student teams will undergo detailed reviews by NASA personnel to ensure the safety and feasibility of their rocket and payload designs. The team closest to their target will win the Altitude Award, one of multiple awards presented to teams at the end of the competition. Other awards include overall winner, vehicle design, experiment design, and social media presence.
    In addition to the engineering and science objectives of the challenge, students must also participate in outreach efforts such as engaging with local schools and maintaining active social media accounts. Student Launch is an all-encompassing challenge and aims to prepare the next generation for the professional world of space exploration.
    The Student Launch Challenge is managed by Marshall’s Office of STEM Engagement (OSTEM). Additional funding and support are provided by NASA’s OSTEM via the Next Gen STEM project, NASA’s Space Operations Mission Directorate, Northrup Grumman, National Space Club Huntsville, American Institute of Aeronautics and Astronautics, National Association of Rocketry, Relativity Space, and Bastion Technologies.
    Smith, a Media Fusion employee and the Marshall Star editor, supports the Marshall Office of Communications.
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    NASA’s Deep Space Optical Communications technology demonstration broke yet another record for laser communications this summer by sending a laser signal from Earth to NASA’s Psyche spacecraft about 290 million miles away. That’s the same distance between our planet and Mars when the two planets are farthest apart.
    Soon after reaching that milestone on July 29, the technology demonstration concluded the first phase of its operations since launching aboard Psyche on Oct. 13, 2023.

    “The milestone is significant. Laser communication requires a very high level of precision, and before we launched with Psyche, we didn’t know how much performance degradation we would see at our farthest distances,” said Meera Srinivasan, the project’s operations lead at NASA’s Jet Propulsion Laboratory. “Now the techniques we use to track and point have been verified, confirming that optical communications can be a robust and transformative way to explore the solar system.”
    Managed by JPL, the Deep Space Optical Communications experiment consists of a flight laser transceiver and two ground stations. Caltech’s historic 200-inch aperture Hale Telescope at Caltech’s Palomar Observatory in San Diego County, California, acts as the downlink station to which the laser transceiver sends its data from deep space. The Optical Communications Telescope Laboratory at JPL’s Table Mountain facility near Wrightwood, California, acts as the uplink station, capable of transmitting 7 kilowatts of laser power to send data to the transceiver.
    By transporting data at rates up to 100 times higher than radio frequencies, lasers can enable the transmission of complex scientific information as well as high-definition imagery and video, which are needed to support humanity’s next giant leap when astronauts travel to Mars and beyond.
    As for the spacecraft, Psyche remains healthy and stable, using ion propulsion to accelerate toward a metal-rich asteroid in the main asteroid belt between Mars and Jupiter.
    The technology demonstration’s data is sent to and from Psyche as bits encoded in near-infrared light, which has a higher frequency than radio waves. That higher frequency enables more data to be packed into a transmission, allowing far higher rates of data transfer.
    Even when Psyche was about 33 million miles away – comparable to Mars’ closest approach to Earth – the technology demonstration could transmit data at the system’s maximum rate of 267 megabits per second. That bit rate is similar to broadband internet download speeds. As the spacecraft travels farther away, the rate at which it can send and receive data is reduced, as expected.

    [embedded content]
    This 45-second ultra-high-definition video was streamed via laser from deep space by NASA’s Deep Space Optical Communications technology demonstration June 24, when the Psyche spacecraft was 240 million miles from Earth.

    On June 24, when Psyche was about 240 million miles from Earth – more than 2½ times the distance between our planet and the Sun – the project achieved a sustained downlink data rate of 6.25 megabits per second, with a maximum rate of 8.3 megabits per second. While this rate is significantly lower than the experiment’s maximum, it is far higher than what a radio frequency communications system using comparable power can achieve over that distance.
    The goal of Deep Space Optical Communications is to demonstrate technology that can reliably transmit data at higher speeds than other space communication technologies like radio frequency systems. In seeking to achieve this goal, the project had an opportunity to test unique data sets like art and high-definition video along with engineering data from the Psyche spacecraft. For example, one downlink included digital versions of Arizona State University’s “Psyche Inspired” artwork, images of the team’s pets, and a 45-second ultra-high-definition video that spoofs television test patterns from the previous century and depicts scenes from Earth and space.
    The technology demonstration beamed the first ultra-high-definition video from space, featuring a cat named Taters, from the Psyche spacecraft to Earth on Dec. 11, 2023, from 19 million miles away. (Artwork, images, and videos were uploaded to Psyche and stored in its memory before launch.)
    “A key goal for the system was to prove that the data-rate reduction was proportional to the inverse square of distance,” said Abi Biswas, the technology demonstration’s project technologist at JPL. “We met that goal and transferred huge quantities of test data to and from the Psyche spacecraft via laser.” Almost 11 terabits of data have been downlinked during the first phase of the demo.
    The flight transceiver is powered down and will be powered back up on Nov. 4. That activity will prove that the flight hardware can operate for at least a year.
    “We’ll power on the flight laser transceiver and do a short checkout of its functionality,” said Ken Andrews, project flight operations lead at JPL. “Once that’s achieved, we can look forward to operating the transceiver at its full design capabilities during our post-conjunction phase that starts later in the year.”
    This demonstration is the latest in a series of optical communication experiments funded by the Space Technology Mission Directorate’s Technology Demonstration Missions Program managed at NASA’s Marshall Space Flight Center and the agency’s SCaN (Space Communications and Navigation) program within the Space Operations Mission Directorate. Development of the flight laser transceiver is supported by MIT Lincoln Laboratory, L3 Harris, CACI, First Mode, and Controlled Dynamics Inc. Fibertek, Coherent, Caltech Optical Observatories, and Dotfast support the ground systems. Some of the technology was developed through NASA’s Small Business Innovation Research program.
    Psyche is the 14th mission selected as part of NASA’s Discovery Program, which is managed by Marshall.
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    By Rick Smith
    An ancient celestial traveler will make its first close pass by Earth in mid-October. Mark those calendars – because it won’t be back for another 80,000 years.
    The Oort Cloud comet, called C/2023 A3 Tsuchinshan-ATLAS, was discovered in 2023, approaching the inner solar system on its highly elliptical orbit for the first time in documented human history. It was identified by observers at China’s Tsuchinshan – or “Purple Mountain” – Observatory and an ATLAS (Asteroid Terrestrial-impact Last Alert System) telescope in South Africa. The comet was officially named in honor of both observatories.

    The comet successfully made its closest transit past the Sun on Sept. 27. Scientists surmised it might well break up during that pass, its volatile and icy composition unable to withstand the intense heat of our parent star, but it survived more or less intact – and is now on track to come within approximately 44 million miles of Earth on Oct. 12.
    “Comets are more fragile than people may realize, thanks to the effects of passing close to the Sun on their internal water ice and volatiles such as carbon monoxide and carbon dioxide,” said NASA astronomer Bill Cooke, who leads the Meteoroid Environment Office at NASA’s Marshall Space Flight Center. “Comet Kohoutek, which reached the inner solar system in 1973, broke up while passing too close to the Sun. Comet Ison similarly failed to survive the Sun’s intense heat and gravity during perihelion in 2013.”
    Though Comet Tsuchinshan-ATLAS will be ideally positioned to view from the Southern Hemisphere, spotters above the equator should have a good chance as well. Peak visibility will occur Oct. 9-10, once the half-moon begins to move away from the comet.
    Choose a dark vantage point just after full nightfall, Cooke recommended. Looking to the southwest, roughly 10 degrees above the horizon, identify the constellations of Sagittarius and Scorpio. Tsuchinshan-ATLAS should be visible between them. By Oct. 14, the comet may remain visible at the midway point between the bright star Arcturus and the planet Venus.
    “And savor the view,” Cooke advised – because by early November, the comet will be gone again for the next 800 centuries.
    It’s highly unlikely Tsuchinshan-ATLAS will be visible in daylight hours, except perhaps at twilight, Cooke said. In the past 300 years of astronomical observation, only nine previous comets have been bright enough to spot during the day. The last were Comet West in 1976 and, under ideal conditions, Comet Hale-Bopp in 1997.
    The brightness of comets is measured on the same scale we use for stars, one that has been in use since roughly 150 B.C., when it was devised by the ancient scholar Hipparchus and refined by the astronomer Ptolemy. Stellar magnitude is measured on a logarithmic scale, which makes a magnitude 1 star exactly 100 times brighter than a magnitude 6 star. The lower the number the brighter the object, making it more likely to be clearly seen, whether by telescope or the naked eye.

    “Typically, a comet would have to reach a magnitude of –6 to –10 to be seen in daylight,” Cooke said. “That’s extremely rare.”
    At peak visibility in the northern hemisphere, Tsuchinshan-ATLAS’s brightness is estimated at between 2 and 4. In comparison, the brightest visible star in the night sky, Sirius, has a magnitude of –1.46. At its brightest, solar reflection from Venus is a magnitude of –4. The International Space Station sometimes achieves a relative brightness of –6.
    Comets are often hard to predict because they’re extended objects, Cooke noted, with their brightness spread out and often dimmer than their magnitude suggests. At the same time, they may benefit from a phenomenon called “forward scattering,” which causes sunlight to bounce more intensely off all the gas and debris in the comet’s tail and its coma – the glowing nebula that develops around it during close stellar orbit – and causing a more intense brightening effect for observers.
    “If there is a lot of forward scattering, the comet could be as bright as magnitude –1,” Cooke said. That could make it “visible to the unaided eye or truly spectacular with binoculars or a small telescope.”
    What will become of Comet Tsuchinshan-ATLAS? Cooke noted that it is not expected to draw too near the planetary giants of our system, but eventually could be flung out of the solar system – like a stone from a sling – due to the gravitational influence of other worlds and its own tenuous bond with the Sun.
    But the hardy traveler likely still has miles to go yet. “I learned a long time ago not to gamble on comets,” Cooke said. “We’ll have to wait and see.”
    Smith, an Aeyon employee, supports the Marshall Office of Communications.
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    There’s more to thunderclouds than rain and lightning. Along with visible light emissions, thunderclouds can produce intense bursts of gamma rays, the most energetic form of light, that last for millionths of a second. The clouds can also glow steadily with gamma rays for seconds to minutes at a time.

    Researchers using NASA airborne platforms have now found a new kind of gamma-ray emission that’s shorter in duration than the steady glows and longer than the microsecond bursts. They’re calling it a flickering gamma-ray flash. The discovery fills in a missing link in scientists’ understanding of thundercloud radiation and provides new insights into the mechanisms that produce lightning. The insights, in turn, could lead to more accurate lightning risk estimates for people, aircraft, and spacecraft.
    Researchers from the University of Bergen in Norway led the study in collaboration with scientists from NASA’s Marshall Space Flight Center and Goddard Space Flight Center, the U.S. Naval Research Laboratory, and multiple universities in the U.S., Mexico, Colombia, and Europe. The findings were described in a pair of papers in Nature, published Oct. 2.
    The international research team made their discovery while flying a battery of detectors aboard a NASA ER-2 research aircraft. In July 2023, the ER-2 set out on a series of 10 flights from MacDill Air Force Base in Tampa, Florida. The plane flew figure-eight flight patterns a few miles above tropical thunderclouds in the Caribbean and Central America, providing unprecedented views of cloud activity.
    The scientific payload was developed for the Airborne Lightning Observatory for Fly’s Eye Geostationary Lightning Mapper Simulator and Terrestrial Gamma-ray Flashes (ALOFT) campaign. Instrumentation in the payload included weather radars along with multiple sensors for measuring gamma rays, lightning flashes, and microwave emissions from clouds. 
    The researchers had hoped ALOFT instruments would observe fast radiation bursts known as terrestrial gamma-ray flashes (TGFs). The flashes, first discovered in 1992 by NASA’s Compton Gamma Ray Observatory spacecraft, accompany some lightning strikes and last only millionths of a second. Despite their high intensity and their association with visible lightning, few TGFs have been spotted during previous aircraft-based studies.  
    “I went to a meeting just before the ALOFT campaign,” said principal investigator Nikolai Østgaard, a space physicist with the University of Bergen. “And they asked me: ‘How many TGFs are you going to see?’ I said: ‘Either we’ll see zero, or we’ll see a lot.’ And then we happened to see 130.” 
    However, the flickering gamma-ray flashes were a complete surprise.

    “They’re almost impossible to detect from space,” said co-principal investigator Martino Marisaldi, who is also a University of Bergen space physicist. “But when you are flying at 20 kilometers (12.5 miles) high, you’re so close that you will see them.” The research team found more than 25 of these new flashes, each lasting between 50 to 200 milliseconds. 
    The abundance of fast bursts and the discovery of intermediate-duration flashes could be among the most important thundercloud discoveries in a decade or more, said University of New Hampshire physicist Joseph Dwyer, who was not involved in the research. “They’re telling us something about how thunderstorms work, which is really important because thunderstorms produce lightning that hurts and kills a lot of people.” 
    More broadly, Dwyer said he is excited about the prospects of advancing the field of meteorology. “I think everyone assumes that we figured out lightning a long time ago, but it’s an overlooked area … we don’t understand what’s going on inside those clouds right over our heads.” The discovery of flickering gamma-ray flashes may provide crucial clues scientists need to understand thundercloud dynamics, he said.
    Turning to aircraft-based instrumentation rather than satellites ensured a lot of bang for research bucks, said the study’s project scientist, Timothy Lang of Marshall. 
    “If we had gotten one flash, we would have been ecstatic – and we got well over 100,” he said. This research could lead to a significant advance in our understanding of thunderstorms and radiation from thunderstorms. “It shows that if you have the right problem and you’re willing to take a little bit of risk, you can have a huge payoff.”
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    By Paola Pinto
    NASA Short-term Prediction Research and Transition (SPoRT) Center’s sea surface temperature (SST) product is a pivotal resource for enhancing weather analysis, forecasting, and marine safety at the National Weather Service (NWS) and within the coastal/marine user community.

    Its real-world applications range from improving weather forecasts to enhancing marine safety. What sets this SST product apart from others is its integration of data from multiple satellites, generating a high-resolution 7-day composite at a 2 km resolution. By combining observations from five satellites – three VIIRS and two AVHRR on polar-orbiting satellites like SNPP and MetOp – it achieves around 80% coverage of SST data that are less than two days old, ensuring timely and accurate insights for remote ocean areas, coastal regions, and large lakes. This advanced system supports critical functions such as tropical storm monitoring, visibility forecasts, and ice formation predictions.
    David Marsalek, a meteorologist with NOAA’s NWS in Cleveland, Ohio, highlights the value of SST data for the safety of the Great Lakes, particularly for shipping and recreational activities. Marsalek, who has been focused on marine conditions, notes the dual role of SST data in both summer and winter.
    “For us at WFO Cleveland, SST data is vital year-round,” Marsalek said. During winter, Marsalek emphasizes the role of SST data in forecasting ice formation. He indicates that in Lake Erie, during colder months, the SST product from NASA SPoRT is crucial for predicting ice formation for Great Lakes interests.
    “Our office relies heavily on this data to issue ice outlooks for the pre-ice season in fall and early winter and advisories for situations such as rapid ice growth,” he said. “Without it, we would struggle to provide accurate long-term forecasts, especially as buoys are often removed before ice forms.”
    The SPoRT SST product helps his team bridge this gap, enabling them to make informed predictions about ice development.
    Brian LaMarre, a meteorologist with NWS in Tampa Bay, Florida, said SPoRT SST data, introduced through a pilot project from 2012 to 2015, has become essential for Tampa Bay’s 24/7 forecasting and warnings. The high-resolution SST data is crucial for maritime navigation, particularly in improving marine channel forecasts and helping forecasters anticipate visibility restrictions due to fog in the Port of Tampa Bay. By integrating the SPoRT SST product with air and dewpoint temperature forecasts, forecasters can diagnose when fog will form due to warm, moist air flowing over cooler SSTs in the channel, especially during the Florida fog season from late fall into early spring. This accurate forecasting is essential for Tampa Bay’s largest port, which handles $18 billion in trade annually. Unanticipated port closures due to fog can have a significant economic impact, halting shipping operations and causing costly delays.
    “This data supports decision making for the Coast Guard and harbor pilots,” LaMarre said.

    Additionally, SPoRT SST data aids in assessing water temperature impacts during major weather events like hurricanes, further ensuring the safety and economic viability of the region. LaMarre also highlighted how SST data provides timely temperature forecasts to local organizations focused on marine life rescue. This helps them quickly deploy rescue missions for wildlife, such as sea turtles and manatees, affected by cold water stunning events.
    John Kelley and his nowCOAST Team at NOAA’s National Ocean Service Coastal Marine Modeling Branch within the Coast Survey Development Lab have made NASA SPoRT SST composites available via nowCOAST’s web mapping services and GIS-based map viewer for the past nine years. On average, nowCoast receives around 400,000 monthly hits and even higher web traffic during severe weather events; some users include state agencies, the Coast Guard, and marine industry professionals.
    “The SPoRT SST composite is integrated with a variety of data and information from NOAA, such as tropical cyclone track and intensity forecasts, lightning strike density maps, and marine weather warnings, to support critical operations like marine navigation, coastal resiliency, and disaster preparedness and response,” Kelley said. Accurate SST data plays a key role in helping vessels navigate safely through shifting ocean temperatures and currents, which can affect fuel efficiency, weather conditions, and route planning. It also supports coastal communities by providing timely data to anticipate severe weather events, such as hurricanes, which can impact ecosystems and infrastructure.
    Kelley said SPoRT SST is also used to evaluate the accuracy of short-range predictions from the National Ocean Service operational numerical oceanographic forecast models for both coastal oceans and the Great Lakes. Recently, the composites have been crucial in evaluating lake surface temperature predictions for large, non-Great Lakes inland lakes, where in-situ water temperature observations are often unavailable.
    “The SPoRT SST composites provide critical verification data for large lakes where in-situ water temperature observations are not available,” Kelley said.
    The SPoRT center was established in 2002 at NASA’s Marshall Space Flight Center to transition NASA satellite products and capabilities to the operational weather community to improve short-term weather forecasting.
    Pinto is a research associate at the University of Alabama in Huntsville, specializing in communications and user engagement for NASA SPoRT.
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    MIL OSI USA News

  • MIL-OSI Australia: Reappointment of Australian statistician

    Source: Australian Treasurer

    The Albanese Government has reappointed Dr David Gruen AO as the full‑time Australian Statistician to the Australian Bureau of Statistics (ABS) for a further five years, beginning on 11 December 2024.

    Dr Gruen has served as the Australian Statistician since 2019, providing outstanding leadership of the ABS through a unique period in history.

    Dr Gruen is one of Australia’s best and most experienced economists and has a distinguished record of public service. He previously served as Deputy Secretary in the Department of Prime Minister and Cabinet and in the Department of the Treasury.

    The professional manner in which Dr Gruen has led the ABS meant that during the COVID‑19 pandemic the ABS provided rapid statistics to guide policy responses during a period of unprecedented economic uncertainty, and again after the pandemic to assess how it changed Australia’s economy and society.

    He is a distinguished, innovative and respected leader who has led the agency to streamline data collection and harness existing data sources, improving the quality, reliability and timeliness of statistics, which is helping to better inform important public policy issues.

    The ABS has curated major longitudinal data assets, including the Person Level Integrated Data Asset (PLIDA) and Business Longitudinal Analysis Data Environment (BLADE) datasets, which are being used extensively by researchers in government and academia, including research that has informed the work of the Competition Taskforce.

    Alongside his role as Australian Statistician, Dr Gruen was appointed by the Australian Public Service Commissioner as the inaugural Head of Data Profession.

    The Data Professional Stream ensures the entire APS workforce has the data capabilities to harness the growth in the availability and value of data across the public service.

    The ABS is Australia’s national statistical agency and provides trusted, independent, timely and relevant data, statistics and insights to inform Government policy.

    MIL OSI News

  • MIL-OSI USA: Boozman, Cramer, Capito and Colleagues File Bicameral Amicus Brief to Overturn FHWA’s Unlawful Emissions Rule

    US Senate News:

    Source: United States Senator for Arkansas – John Boozman

    WASHINGTON – U.S. Senators John Boozman (R-AR), Kevin Cramer (R-ND) and Committee on Environment and Public Works Ranking Member Shelley Moore Capito (R-WV) led 27 of their colleagues in filing a bicameral amicus brief in the U.S. Court of Appeals for the Sixth Circuit opposing a final rule from the Federal Highway Administration (FHWA) that requires state departments of transportation and metropolitan planning organizations to measure greenhouse gas (GHG) emissions on the highway system and set declining targets for those GHG emissions. The brief requests that the Court uphold the April 2024, U.S. District Court decision finding that Congress did not grant the FHWA the authority to issue the rule.

    The brief argues Congress explicitly debated providing the FHWA the necessary authority to issue this rule, but decided against doing so in the Infrastructure Investment and Jobs Act. The FHWA then intentionally misconstrued congressional intent and used unrelated statutory authorities to attempt to justify issuing its GHG performance measure rule. The lawmakers also contend the rulemaking is inconsistent with recent Supreme Court decisions paring back executive branch overreach, and that FHWA is ignoring principles of federalism at the expense of state governments to further its own policy agenda.

    “Congress considered, and ultimately rejected, providing [FHWA] with the authority to issue a GHG performance measure regulation, but [FHWA] contorted ancillary existing authorities to impose one anyway,” the members argued. “In doing so, [FHWA] impermissibly usurped the Legislative Branch’s authority and promulgated the GHG performance measure without statutory authority delegated by Congress.” 

    “Put simply, when [FHWA] established a GHG performance measure regulation, it exceeded the powers Congress authorized. And it did so both at the expense of separation of powers and in violation of the Administrative Procedure Act,” the members continued

    Senate Republican Leader Mitch McConnell (R-KY) and Senators John Barrasso (R-WY), Mike Braun (R-IN), Katie Britt (R-AL), Ted Cruz (R-TX), Mike Crapo (R-ID), Steve Daines (R-MT), Joni Ernst (R-IA), Deb Fischer (R-NE), Lindsey Graham (R-SC), John Hoeven (R-ND), Cindy Hyde-Smith (R-MS), Cynthia Lummis (R-WY), Roger Marshall, M.D. (R-KS), Markwayne Mullin (R-OK), Pete Ricketts (R-NE), Jim Risch (R-ID), Mike Rounds (R-SD), Marco Rubio (R-FL), Rick Scott (R-FL), Tim Scott (R-SC), Dan Sullivan (R-AK), John Thune (R-SD), Tommy Tuberville (R-AL) and Roger Wicker (R-MS) – as well as U.S. Representatives Sam Graves (R-MO-06), Chairman of the Transportation and Infrastructure Committee, and Rick Crawford (R-AR-01), Chairman of the Highways and Transit Subcommittee – also cosigned the brief. 

    Full text of the amicus brief is available here.

    Background:

    Shortly after the rule was finalized, 21 state attorneys general, including Arkansas, filed litigation challenging the regulation. The U.S. District Court found the Biden administration rule to be illegal, but FHWA appealed the decision to the Sixth Circuit Court of Appeals and it remains under further consideration. 

    In April of this year, the U.S. Senate approved a Congressional Review Act (CRA) joint resolution of disapproval overturning the rule by a vote of 53-47. The bipartisan measure was led by Cramer and cosponsored by Boozman, Ranking Member Capito and dozens of their colleagues.

    MIL OSI USA News

  • MIL-OSI USA: Congressman Valadao Requests Answers for Central Valley Small Businesses

    Source: United States House of Representatives – Congressman David G Valadao (CA-21)

    WASHINGTON –  Today, Congressman David G. Valadao (CA-22) sent a follow-up letter to IRS Commissioner Danny Werfel regarding delays in processing Employee Retention Tax Credit (ERTC) claims, a program created during the COVID-19 pandemic to help businesses keep people employed. In January of this year, Congressman Valadao wrote to Commissioner Werfel requesting answers and expressing concerns over the IRS’ significant issues with processing and payment of ERTC claims.

    Congressman Valadao highlighted the lack of communication from the IRS that has frustrated many small business owners: 

    “Businesses with legitimate ERTC claims deserve prompt processing and payment of their claims. Unfortunately, the IRS has not yet communicated the status of these claims or outlined the process for the analysis needed to complete their processing and payment,” Congressman Valadao wrote.

    While the IRS has made progress since the Congressman’s initial letter to investigate fraud and pay eligible claims, there are still thousands of small businesses waiting for their claim to be processed and paid:

    The ERTC program was designed to provide crucial relief to businesses during the pandemic. While the steps the IRS has taken in recent months are essential for addressing these claims, I am concerned that the IRS response has been inadequate,” Congressman Valadao wrote.

    Congressman Valadao requested answers from the IRS on the current steps they’re taking to address these claims, including:

    • Will the IRS consider extending the 30-day period for taxpayers who received a disallowance letter to submit a protest? If not, why not?
    • How is the IRS reviewing the 60 to 70 percent of claims that have moderate level of risk? How is the IRS communicating the status of these claims with taxpayers?
    • In August, the IRS announced that 50,000 low-risk claims were moving into processing. Of these claims, how many have been paid?
    • Is the IRS working through ERTC cases that the Taxpayer Advocate Service is sending?

    Read the full text of the letter here.

    ###

    MIL OSI USA News

  • MIL-OSI USA: PHOTOS: Capito Visits New Clendenin Elementary, Hosts Girls Rise Up Event

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    CLENDENIN, W.Va. – U.S. Senator Shelley Moore Capito (R-W.Va.), today visited Clendenin Elementary School where she toured the new school and later hosted a West Virginia Girls Rise Up event with special guest, Dr. Liberty Vittert Capito, a statistician, political commentator, TV show host, and Professor of Data Science.
    “After years of working to secure resources and wait for construction to be completed, I am so glad that Clendenin students, faculty, and staff have a wonderful facility to call their own. We will never forget the 2016 floods and the destruction it caused, but this new school is an important milestone in our recovery and proves the resilience of West Virginians,” Senator Capito said. “I was also excited to bring my Girls Rise Up message—with the help of Liberty—to Clendenin and inspire the next generation. I am confident that these students are dedicated to setting new goals and achieving them, and I can’t wait to see what they accomplish.” 
    “It’s such an honor to get to stand in front of the future of West Virginia with Senator Capito’s Girls Rise Up Program. These young girls will help to shape our state and this program shows them how they can truly be and do anything they want to if they set their minds to it. I can’t wait to see what they do in the future,” Dr. Liberty Vittert Capito said.
    “I am thrilled to have the opportunity to host Senator Shelley Moore Capito and bring the Girls Rise Up event to Clendenin Elementary. I feel that all females benefit from seeing strong, trailblazing women, and hearing their stories of resilience and determination to achieved their dreams. I believe that we as women should embrace every challenge as an opportunity to grow, and let our passion be the guiding light on our journey,” Clendenin Elementary School Principal Gurski said.
    ON SENATOR CAPITO’S SUPPORT FOR CLENDENIN ELEMENTARY:
    As a leader on the Senate Appropriations Committee, Senator Capito has worked diligently with state partners at the Federal Emergency Management Agency (FEMA) and through consultation with local leaders in Clendenin over the years to secure needed resources for Clendenin to recover from the 2016 flooding. Senator Capito announced funding awards in December 2023 and June 2020 to help rebuild the school. Today’s visit marked Senator Capito’s first time viewing the newly completed elementary school since it opened.
    ON SENATOR CAPITO’S GIRLS RISE UP PROGRAM:
    Senator Capito launched the West Virginia Girls Rise Up program in 2015 to instill confidence in young West Virginia women and empower them to be strong and kind female leaders. The program focuses on three areas: education, fitness, and self-confidence. Joining Senator Capito in hosting the Girls Rise Up event was Liberty Vittert Capito, who is a statistician, political commentator, TV show host, and Professor of Data Science at the Olin Business School at Washington University in St. Louis. Today’s event marks the 33rd event since the program’s launch in 2015.
    Photos from today’s visit are below:

    U.S. Senator Shelley Moore Capito (R-W.Va.) hosts a West Virginia Girls Rise Up event with Dr. Liberty Vittert Capito at Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) hosts a West Virginia Girls Rise Up event with Dr. Liberty Vittert Capito at Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) hosts a West Virginia Girls Rise Up event with Dr. Liberty Vittert Capito at Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) tours the new Clendenin Elementary with Dr. Liberty Vittert Capito and speaks with students in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) with Dr. Liberty Vittert Capito and Clendenin Elementary School officials outside the new Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    MIL OSI USA News

  • MIL-OSI USA: Cramer, Luckey Meet with UND Students and Faculty

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)
    ***Click here to download media resources.***
    GRAND FORKS, N.D. – Following today’s fireside chat at the 18th annual Unmanned Aerial Systems (UAS) Summit and Expo, U.S. Senator Kevin Cramer (R-ND) and defense entrepreneur and founder of Anduril Industries, Palmer Luckey, participated in a townhall with students at the University of North Dakota (UND). The discussion focused on the topic of how small, nimble defense companies like Anduril are “rebooting the arsenal of democracy.” 
    “As a member of the Senate Armed Services Committee, I appreciate smart investment,” said Cramer. “This is why I love Palmer Luckey. I brought him to the University of North Dakota because we need innovators who can match the speed of China, doing it cost-effectively and at a scale that can win wars. This is where the opportunity rests in our challenge, how do we unleash the innovators? I enjoyed visiting with UND students and faculty to emphasize the importance of spurring real investment in our capabilities, while fostering a culture of innovation and ingenuity.” 
    “Unmanned Aerial Systems (UAS) are transforming modern conflict,” said Palmer Luckey, Founder of Anduril Industries. “Transforming the way we fight requires an approach to capability development and adoption that is more closely aligned with the commercial market than the traditional defense industrial base. I am honored to join Senator Cramer at this year’s UAS Summit and Expo, and enjoyed the opportunity to engage with UND faculty and students who continue to drive progress in this critical field.”

    The pair then met with UND President Dr. Andrew Armacost and faculty to discuss what companies like Anduril look for in recent college graduates and ways UND can foster an environment of student innovation. Additionally, they emphasized ways to support creativity by shaking up the status quo of traditional educational design.
    Before the townhall, Cramer and Luckey spoke at the UAS Summit, where they highlighted how policymakers can break through tradition to unleash the potential of private sector and startups like Anduril while encouraging the government to match the speed of business. The defense missions in North Dakota play a pivotal role in strengthening national security and maintaining the United States’ nuclear deterrence capabilities. As a member of the Senate Armed Services Committee, Cramer has brought several national defense and industry leaders to experience the innovative defense ecosystem in Grand Forks such as Director of the Space Development Agency Derek Tournear and E-Space Founder and CEO Greg Wyler.
    Cramer has been working to attract several new missions to Grand Forks, including a temporary relocation of B-1 Bombers at Grand Forks Air Force Base (GFAFB), as well as counter UAS test missions. He has also advocated for the GFAFB to receive a Collaborative Combat Aircraft (CCA) mission in the future.

    MIL OSI USA News

  • MIL-OSI USA: Cramer Hosts Anduril Founder Palmer Luckey at 2024 UAS Summit, Receives UAS Sky Pioneer Award

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)
    ***Click here to download media resources. ***
    GRAND FORKS, N.D. – The 18th annual Unmanned Aerial Systems (UAS) Summit and Expo takes place this week in Grand Forks, with hundreds of UAS industry leaders and policymakers from across the country gathering in North Dakota. 
    U.S. Senator Kevin Cramer (R-ND), member of the Senate Armed Services Committee (SASC), attended this year’s summit with entrepreneur Palmer Luckey, founder of Anduril Industries, a global defense technology company with the mission to transform U.S. and allied military capabilities with advanced technology. The Pentagon recently awarded Anduril a $250 million contract to counter drone attacks against U.S. forces. 
    In addition to attending the summit, Cramer was presented with the UAS Sky Pioneer Award, recognizing his commitment to UAS development, research, and deployment in North Dakota and across the nation.
    “What’s inspirational about Palmer Luckey is not just his story of accomplishment, but how he got there,” said Cramer. “I just learned he still has the family farm in Minnesota, which explains a lot about his pioneering spirit. Palmer is also inspirational because he could have taken all of his brain power, all that talent, and charming personality and applied it to a lot of things that could make him wealthy. But he chose, as a patriotic American, to invest in national defense by rebooting our arsenal of democracy. I’m honored to attend this year’s summit with my friend, a true pioneer, Palmer Luckey.”
    “Unmanned Aerial Systems (UAS) are transforming modern conflict,” said Palmer Luckey, Founder of Anduril Industries. “Transforming the way we fight requires an approach to capability development and adoption that is more closely aligned with the commercial market than the traditional defense industrial base. I am honored to join Senator Cramer at this year’s UAS Summit and Expo, and enjoyed the opportunity to engage with UND faculty and students who continue to drive progress in this critical field.” 

    Cramer introduced Luckey for a fireside chat, where they discussed how policymakers can break through tradition to unleash the potential of private sector and startups like Anduril while encouraging the government to match the speed of business.

    In April, the United States Air Force named Anduril as one of the two vendors funded for the next phase of the service’s Collaborative Combat Aircraft (CCA) drone program. As the Ranking Member of the Seapower Subcommittee, Cramer visited Anduril’s headquarters in southern California where he had the opportunity to directly experience the company’s large and extra-large autonomous underwater vehicles. Cramer also saw Anduril’s CCA submission, Fury, a high-performance, multi-mission group 5 autonomous air vehicle. 

    MIL OSI USA News

  • MIL-OSI Australia: Historic reforms for a more competitive economy enter Parliament

    Source: Australian Treasurer

    Today the Government will introduce landmark reforms to Parliament to overhaul Australia’s merger rules, another big step towards further boosting competition and productivity in our economy.

    This legislative package is the biggest reform to Australia’s merger settings in almost 50 years.

    It will create a regime that more efficiently and effectively targets mergers that are anti‑competitive, while allowing mergers that are pro‑competitive to proceed faster.

    The Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 delivers the merger reforms we announced in April, and will make our merger approval system faster, stronger, simpler, more targeted and more transparent.

    This Bill will bring Australia’s merger system into the 21st century and make it easier for the majority of mergers to be approved quickly, so the Australian Competition and Consumer Commission (ACCC) can focus on the minority that give rise to competition concerns.

    We understand that most mergers have genuine economic benefits and are an important feature of any healthy, open financial system but some mergers can cause serious economic harm.

    Under the new regime, there will be a mandatory notification system for mergers above certain thresholds and the ACCC will be the decision maker on approvals.

    There will be three key thresholds:

    1. Any merger will be looked at if the Australian turnover of the combined businesses is above $200 million, and either the business or assets being acquired has Australian turnover above $50 million or global transaction value above $250 million.
    2. The ACCC will look at any merger involving a very large business with Australian turnover more than $500 million buying a smaller business or assets with Australian turnover above $10 million.
    3. To target serial acquisitions, all mergers by businesses with combined Australian turnover of more than $200 million where the cumulative Australian turnover from acquisitions in the same or substitutable goods or services over a 3 year period is at least $50 million will be captured, or $10 million if a very large business is involved.

    These thresholds will allow the ACCC to focus its efforts on the mergers that really matter. The thresholds will be reviewed 12 months after coming into effect, to ensure they are working as intended.

    Land acquisitions involving residential property development and certain commercial property acquisitions won’t be included to avoid clogging up the system with simple land purchases unless they are captured by additional targeted notification requirements.

    In addition, the legislation provides flexibility to allow the Treasurer to adjust and calibrate the thresholds to respond to evidence‑based concerns from the ACCC about high‑risk mergers, like in the supermarket sector.

    This power, combined with the thresholds, will allow the ACCC to review all the mergers that they have been typically concerned about.

    Using this provision, the Government intends to make sure the ACCC is notified of every merger in the supermarket sector.

    Reviewing every supermarket merger is part of the decisive action our Government is taking to help Australians get fairer prices at the checkout. We want to make sure supermarket mergers don’t come at the cost of Australians, families and pensioners getting a fair price on their grocery bills.

    The Government intends to use this designation power to get the competition regulator to review purchases of an interest above 20 per cent in an unlisted or private company, if one of the companies involved in the deal has turnover more than $200 million.

    The Government will also consider targeted notification requirements for sectors such as fuel, liquor and oncology radiology.

    We consulted widely on these thresholds and the legislation, including with consumers, businesses, the agriculture sector, legal practitioners, investors, academics and industry associations.

    Subject to the passage of legislation, the new system will come into effect from 1 January 2026, with businesses able to make voluntary notifications under the new regime from 1 July 2025.

    This legislation will improve competition in our economy, which means higher quality choices for consumers and fairer prices.

    It builds on our substantial competition agenda including revitalising National Competition Policy with the states and territories, abolishing 500 nuisance tariffs, our reforms to the supermarket sector, and productivity enhancing reforms to planning and zoning around the country.

    The Albanese Government is focused on tackling cost of living pressures now and building a more dynamic, more productive, and more resilient economy. Making our economy more competitive is critical to these goals.

    MIL OSI News

  • MIL-OSI United Kingdom: More than £14 million in joint government and industry funding to boost innovation and working conditions in freight

    Source: United Kingdom – Government Statements

    Funding will provide more parking for HGVs, better conditions for lorry drivers and support UK businesses to take advantage of the latest technology.

    • lorry drivers will enjoy better rest areas, more parking and improved security thanks to over £12 million in joint government and industry funding
    • funding comes as nearly £2 million also announced to drive innovation and decarbonise freight
    • investment will help strengthen the UK supply chain, support jobs, and get the UK back on track to growth

    More green e-cargo bikes will deliver parcels to people’s doorsteps and better truckstops will help relieve local congestion, thanks to a £14 million boost from both government and industry to drive innovation in freight and improve working conditions. 

    Today (10 October 2024), Future of Roads Minister Lilian Greenwood revealed the 23 successful applicants of up to £4.5 million from the government to improve truckstops and working conditions for lorry drivers.  

    From Immingham Lorry Park in Lincolnshire to Embassy Truck Park in Kent, the upgrades include 430 new lorry parking spaces to relieve local congestion by helping reduce the number of large trucks parking in town centres or on the side of the road. 

    The investment will also help build better dining, changing and rest facilities, as well as new CCTV and secure fencing to boost welfare and security for lorry drivers.  

    The funding is from the third year of the HGV parking and driver welfare grant scheme, which will come in addition to £8 million from industry, for a total funding boost of £12.5 million to improve truckstops.

    This investment comes on top of £1.8 million from the government for 10 small and medium enterprises (SMEs) to trial new groundbreaking technology for decarbonising freight and driving innovation in the sector. 

    Examples of groundbreaking ideas that will become reality include TUAL working with Wincanton to trial high performance powerbanks for electric lorries, and Innervated Vehicle Engineering working in partnership with Asda to retrofit hydrogen power to small delivery vans.

    This funding is the third tranche of the department’s Freight Innovation Fund Accelerator Programme, a £7 million government investment across 3 years to support the freight sector in deploying AI and automation to improve the way trains, lorries, vans, and ships carry parcels and goods. 

    Today’s measures will help the government achieve its core mission of getting the country back on track for growth. They will improve working conditions for lorry drivers while pioneering innovation and sustainability across freight to strengthen the UK’s supply chain and support jobs across the country.  

    The announcement comes ahead of the International Investment Summit which will gather UK leaders, high-profile investors and businesses from across the world to discuss how we can deepen our partnership to drive investment and growth.

    Future of Roads Minister, Lilian Greenwood, said: 

    Freight is a crucial engine of our economy and it is only right we do all we can to improve working conditions, pioneer innovation and drive sustainability across the industry. 

    Our funding, combined with investment from the industry, will ensure lorry drivers can enjoy safer parking, a proper rest and a warm meal, while supporting UK businesses to harvest the best of technology to move freight faster, decarbonise our supply chain, and grow the economy for all.

    Today’s £12.5 million for truckstops follows £31 million in previous joint government and industry funding as part of earlier application windows.  

    Together with National Highways Lorry Parking Facilities Improvements Scheme, this takes the total joint investment from the department and the sector to improve lorry roadside facilities to up to £64 million. 

    The funding will be spread across England to ensure all lorry drivers in the country can benefit from better roadside facilities and better working conditions, while supporting local jobs and economic growth. 

    Director of Policy and Public Affairs at the Road Haulage Association, Declan Pang, said:

    We are delighted to see funding allocated to drive improvements to standards and capacity at lorry parks and truck stops across England.

    The grant scheme continues to be a very welcome commitment from government and the industry to bring about much-needed improvements for lorry drivers who are a vital workforce in keeping the country’s supply chains moving. We look forward to seeing the impact of these investments in improving conditions and driver welfare.

    The Freight Innovation Fund is providing highly successful in fostering industry investment, as UK businesses from the first year of the fund have so far raised £97 million in additional capital to fund their innovative projects. 

    Delivered by Connected Places Catapult, the Freight Innovation Fund will give SMEs access to technical and business support from the organisation to develop new groundbreaking projects. 

    Chief Executive Officer at Connected Places Catapult, Erika Lewis, said:

    Building on the success of the Freight Innovation Fund to date, I’m very pleased to welcome a third cohort of high potential innovators onto the Accelerator.

    This programme gives bespoke support to SMEs, working hand-in-hand with industry as they trial their solutions in real-world environments. By supporting new ideas in freight, we are helping to unlock the sector’s potential to be greener and more efficient.

    Roads media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New scheme to attract investment in renewable energy storage

    Source: United Kingdom – Government Statements

    Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects

    • Government will unlock investment opportunities in vital renewable energy storage technologies to strengthen energy independence, create jobs and help make Britain a clean energy superpower. 

    • New scheme will remove barriers which have prevented the building of new storage capacity for nearly 40 years, helping to create back up renewable energy. 

    • Increasing long duration storage capacity could lead to billions in system savings, helping reduce bills.

    The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure. 

    This could see the first significant long duration energy storage (LDES) facilities in nearly four decades, helping to create back up renewable power and bolster the UK’s energy security. 

    These technologies work like giant batteries by storing renewable energy and releasing it onto the grid and into homes when needed. This includes pumped storage hydro, which stores electricity by pumping water up a reservoir, to be released later. 

    By having a steady supply of clean, home-grown energy, these projects would strengthen the UK’s energy independence, and protect consumers from volatile global gas markets. 

    However, barriers including high upfront costs – despite low operating costs – have held back investment in this critical infrastructure.  

    The investment support scheme announced today will boost investor confidence and unlock billions in funding for vital projects which will help create thousands of jobs and deliver clean power as the country accelerates to net zero.   

    This comes days before the government’s set-piece International Investment Summit which is poised to put the UK back at the global table – kickstarting a decade of economic renewal and giving business confidence and opportunity to invest in the United Kingdom. 

    Energy Minister, Michael Shanks, said: 

    We are wasting no time in unlocking Britain’s vast renewable potential by expanding wind and solar power. But we also need to increase our ability to store this energy for when the sun isn’t shining, or the wind isn’t blowing. 

    We’re reversing a legacy that has seen no new long duration storage built for 40 years – and taking steps to unleash private investment in both established and new technologies.  

    With these projects storing the surplus clean, homegrown energy produced from renewable sources, we can boost our energy security by relying less on fossil fuels, protect household bills, and help deliver our key mission to make Britain a clean energy superpower. 

    The announcement follows a consultation held earlier this year which proposed a ‘cap and floor’ scheme to encourage LDES investment. A cap and floor model would provide a guaranteed minimum income for developers, in return for a limit on revenues. Ofgem has agreed to act as regulator and delivery body and the scheme’s first round is expected to be open to applicants next year. 

    Great Britain currently has 2.8GW of LDES across four existing pumped storage hydro schemes in Scotland and Wales, which already play a significant role in powering the country. 

    Other technologies include liquid air energy storage, compressed air energy storage and flow batteries, which are currently in development and would benefit from investor support. 

    Analysis has found that deploying 20GW of LDES could save the electricity system £24 billion between 2025 and 2050, reducing household energy bills as additional cheaper renewable energy would be available to meet demand at peak times, which would cut reliance on expensive natural gas. 

    Meanwhile, the National Electricity System Operator has estimated that a total of 11.5 to 15.3 GW of LDES will be required by 2050 to achieve net zero. 

    Several projects are currently under development and with some expected to be operational by 2030, and the introduction of an investment support scheme will help deliver them.   

    A similar cap and floor scheme is used for electricity interconnectors which connect Great Britain’s grid with other countries. Introduced in 2014, no floor payments have been made but developers have shared revenues with consumers.   

    Ofgem will design the investment support scheme and under these proposals, it will be split into two application routes, with one focusing on mature technologies, while another will be dedicated to new innovation. 

    This is the latest step in the government’s mission for clean power and energy security, building on the confirmation last week of major funding for two carbon capture sites in Merseyside and Teesside, to create thousands of jobs and attract £8 billion of private investment.  

    It also follows the launch of Great British Energy, lifting the ban on onshore wind and delivering a record number of clean energy projects through its renewables auction – all part of the plan to protect billpayers from volatile energy price spikes driven by fossil fuels.   

    Beatrice Filkin, Director of Major Projects at Ofgem said:  

    We are pleased to see the government’s publication today on its plans for long duration electricity storage. Unlocking investment in this important technology is another significant step towards decarbonisation of the  the power system.  

    We are looking forward to continuing to work closely with government as we take on the role of regulator and investment support scheme delivery body for the sector. 

    Notes to editors 

    • a cap and floor scheme provides revenue support to developers should their gross annual margin (the difference between the revenues from selling electricity back to the grid, and the cost of charging) fall below a set threshold known as the “floor”

    • floor levels are set low to minimise the likelihood of their use, while still providing comfort to investors that operators can meet debt payments in the unlikely scenario that revenues are much lower than forecast. They are not high enough for the asset owners to make a profit (when considering the cost of debt), so there is no incentive for them to seek floor payments – they are merely a form of insurance    

    • in return for consumers underwriting this risk, a revenue cap ensures that LDES asset owners must share some or all profits above a certain level 

    • this announcement follows a consultation on proposals to enable investment in LDES which closed in March 2024. The full response will be published on GOV.UK 

    • the analysis on LDES savings is published here: https://www.gov.uk/government/publications/long-duration-electricity-storage-scenario-deployment-analysis

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New unit to boost effectiveness of UK sanctions against Russia

    Source: United Kingdom – Executive Government & Departments

    New trade sanctions unit becomes operational

    • New unit to help businesses comply with the UK’s trade sanctions to launch today.
    • Unit has new and enhanced powers to crack down on businesses in breach and make sure UK sanctions are effective.
    • Sanctions are helping to defund Putin’s illegal war, depriving Russia of over $400 billion of funds since February 2022.

    UK sanctions against Russia are set to be strengthened as the Government launches a new unit to help companies comply with trade sanctions and penalise those who do not.

    Following Russia’s invasion of Ukraine, the UK implemented its most comprehensive set of sanctions against a major economy, with over £20 billion worth of trade with Russia now sanctioned.

    The new Office of Trade Sanctions Implementation (OTSI), launching today, will work with industry to make complying with sanctions obligations as straightforward as possible by issuing guidance and user-friendly online tools.

    There has been overwhelming support from business in implementing sanctions against Russia, and the vast majority of businesses comply. For the minority that don’t, OTSI will have powers to publish information about sanctions breaches and impose civil monetary penalties.

    Business and Trade Secretary Jonathan Reynolds said:

    Sanctions are vital in defunding Putin’s illegal war and only by working hand in hand with business can we make them as effective as possible.

    This new unit will help ensure businesses comply with trade sanctions and take decisive enforcement action where needed so that, together with business, we can continue to exert maximum pressure on Putin’s regime.

    Sanctions Minister Stephen Doughty said:

    This new government is resolutely committed to strengthening our sanctions regime, with robust enforcement and penalties for those who fail to comply. From Moscow to Tehran – kleptocrats, aggressors and the enablers who support and facilitate their wealth and  malign actions  should be on notice.

    OTSI will be instrumental in providing vital additional tools not only to help businesses comply with our sanctions, but also to deter and impose costs upon those seeking to breach them.

    The new unit is part of the Department for Business and Trade.  OTSI will work with businesses to offer guidance, issue licences and investigate reports of trade sanctions breaches.

    Chloe Cina, international sanctions expert and Royal United Services Institute (RUSI) fellow said:

    Investing in a new specialist unit to issue guidance, grant licences, and enforce certain trade sanctions across 21 UK regimes is compelling evidence that the novel measures introduced as part of the UK’s response to Russia’s invasion of Ukraine are here to stay.

    The industry will be reassured to see that the most complex restrictions relating to professional services will now be dealt with by OTSI directly from today.

    This launch also sees new reporting obligations introduced for financial services firms, money service businesses and legal service providers. They will now be expected to inform OTSI of suspected breaches of certain trade sanctions.

    OTSI’s new enforcement powers for trade sanctions complement those HMRC already has. While HMRC remains responsible for the enforcement of trade sanctions on goods that cross the UK border as part of its customs role, OTSI now has lead enforcement responsibility for sanctioned services leaving the UK, as well as trade in sanctioned goods and services anywhere else in the world where a UK business or person is involved.

    Notes to editors:

    • From today, OTSI takes on responsibility for issuing licences for certain sanctioned activity – specifically the provision of standalone services, including professional and business services. Sanctions licensing for the export of goods and the provision of ancillary services (services related to the export of tangible goods) remain the responsibility of the Export Control Joint Unit (ECJU). DBT’s Import Controls Team continue to be responsible for licensing the import of goods and other activities (including provision of ancillary services) which are prohibited under UK import sanctions. More information is available here
    • A full list of the UK’s sanctions can be found here
    • Businesses can visit GOV.UK to submit enquiries or contact OTSI@businessandtrade.gov.uk.

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI: ThreeD Capital Inc. Announces Unaudited September 30, 2024 Net Asset Value Per Share – $0.87

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at September 30, 2024, its unaudited net asset value per share (“NAV”) was $0.87.

    This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information.

    Use of Non-GAAP Financial Measures:

    This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company’s performance and may assist in the evaluation of the Company’s business relative to that of its peers. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP and is not necessarily indicative of other metrics presented in accordance with GAAP. Existing NAV of the Company is not necessarily predictive of the Company’s future performance or the NAV of the Company as at any future date.

    About ThreeD Capital Inc.

    ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

    For further information:

    Matthew Davis, CPA
    Chief Financial Officer and Corporate Secretary
    davis@threedcap.com
    Phone: 416-941-8900

    The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

    Forward-Looking Statements

    This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future disclosure of NAV by the Company and the approximate timing thereof. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur including, without limitation, risks relating to the timing and content of future public disclosures by the Company or related to the fact that the term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies and may not be indicative of NAV for any future periods. Although the Company believes that the expectations reflected in the forward-looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

    The MIL Network

  • MIL-OSI: Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced its powerful new System-in-Package (SiP) solutions powered by Qualcomm® Technologies’ chipsets that reinforce Lantronix’s position in industrial and enterprise IoT innovation, bringing advanced Artificial Intelligence (AI) and Machine Learning (ML) capabilities to the edge.

    “Qualcomm Technologies and Lantronix have had strong relationships for more than 15 years,” stated Dev Singh, vice president of Business Development and head of Industrial Automation at Qualcomm Technologies Inc. “Utilizing Qualcomm Technologies’ cutting-edge processors, Lantronix enables its customers to seamlessly deploy AI solutions at the edge, bringing its expertise in embedded computing and IoT to deliver reliable, industrial-grade systems.”

    With a combination of leading-edge performance and cost efficiency, Lantronix’s five new SiP families are set to accelerate the development of AI-driven applications in industrial and enterprise use cases, including robotics, industrial automation, video surveillance, video collaboration and drones. The new SiP modules are compliant with the Trade Agreements Act (TAA) and the National Defense Authorization Act (NDAA).

    “With the addition of these five new SiP solutions, we continue our strategic collaboration with Qualcomm Technologies that has enabled Lantronix to build a proven track record of successfully delivering integrated, collaborative solutions that are driving forward IoT and AI/ML technologies to meet the evolving needs of today’s advanced-edge applications,” said Mathi Gurusamy, chief strategy officer for Lantronix.

    Lantronix enables the creation of superior, high-performance AI-driven applications by integrating AI capabilities from the Qualcomm® AI Hub. The Qualcomm AI Hub provides a reference base of more than 100 AI models and a simplified model optimization process to efficiently utilize AI capabilities (3.5 to 100 INT-8 TOPS) in these SiP families.  

    IQ9 Series SiPs for Industrial and Robotics Applications

    Lantronix’s pin-compatible 9100IQ and 9075IQ SiPs, powered by the Qualcomm® IQ-9100 and IQ-9075 processors, provide scalable, power-efficient and robust computing to autonomous devices and next-generation Industry 4.0 designs using advanced AI. The new IQ9 Series can enable:

    • Robust safety functions in autonomous mobile robots (AMR) or platforms with functional safety (FuSa) up to level SIL-3 level (IQ-9100-based SiPs only)
    • Device robustness with fault tolerance Error Correction Code (ECC) memory support and system cost savings by leveraging an integrated, dedicated safety island (IQ-9100) or real-time subsystem (IQ-9075) with four dedicated independent processing cores supporting real-time operating systems for system error monitoring and other critical functions.
    • Robot perception, navigation and versatility improvement through a powerful Qualcomm® Adreno™ 663 GPU and support for up to 16 concurrent cameras.
    • Interactive industrial edge AI systems utilizing up to 100 TOPS by integrating Large Language Model (LLM) support at the edge. The IQ9 Series Hexagon tensor processor can achieve a generation rate of 12 tokens per second when running the Llama 2 13B parameter mode.
    • Fanless systems to enhance operating temperature with the SiP family supporting a -40°C to 115°C junction temperature range.

    Learn more about Lantronix’s 9100IQ and 9075IQ SiP families here

    Lantronix’s Open-Q 8550CS for Advanced Video and AI Applications

    Building on the success of its existing Open-Q SiP portfolio, Lantronix’s Open-Q 8550CS family, powered by Qualcomm® Technologies’ QSC8550 processor, delivers high AI performance, power efficiency and advanced Wi-Fi® 7 and Bluetooth® 5 connectivity, making it ideal for long-term, high-demand edge computing applications. Benefits include the abilities to:

    • Enhance video conferencing meeting experiences, automated guided vehicle pathing, smart camera image quality and edge AI box scalability with the family’s octal-core computing capabilities and 48 AI TOPS tensor performance.
    • Perform complex 3D rendering and computer vision tasks with a powerful Adreno 740 GPU supporting ray tracing, Open GL ES, Vulkan and Open CL profiles and 4K240/8K60 video decoding and 4K120/8K30 encoding.
    • Connect edge AI boxes leveraging high-speed 2.5G and 10G Ethernet ports.

    Learn more about Lantronix’s Open-Q 8550CS SiP family here

    Lantronix’s Open-Q 6490CS and 5430CS for Scalable AI Solutions

    Lantronix’s pin-compatible Open-Q 6490CS and Open-Q 5430CS families, powered by Qualcomm® Technologies’ QCS6490 and QCS5430 processors, allow customers to scale their product lines with minimal development effort while benefiting from low-power AI performance, Wi-Fi 6E and BLE 5+ connectivity as well as flexible peripheral expansion. Features include:

    • Real-time machine learning on 6th-generation AI engine, delivering 3.5 to 13 AI TOPS and complemented with up to octal-core CPU and Adreno 640 class GPU. 
    • Advanced multimedia and AI powered camera support through up to three concurrent ISPs supporting up to 192MP cameras, 4K30 encoding and 4K60 decoding, sufficient to handle up to 8 camera streams simultaneously for video-intensive applications.
    • Percepxion™ device management for over-the-air (OTA) upgrades for performance, security and software feature improvements. 

    Learn more about Lantronix’s Open-Q 6490CS here and 5430CS families here.

    About Lantronix   

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

    For more information, visit the Lantronix website.

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

    © 2024 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    Qualcomm-branded products are products of Qualcomm Technologies Inc. and/or its subsidiaries. Qualcomm and Adreno are trademarks or registered trademarks of Qualcomm Incorporated. 

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

    Lantronix Analyst and Investor Contact:         
    investors@lantronix.com

    The MIL Network

  • MIL-OSI Australia: Screen Australia announces $8.1 million of production funding for 15 projects

    Source: Australia Government Statements 4

    10 10 2024 – Media release

    L-R: Love Adjacent director Louise Alston, Watching You creators Alexei Mizin and Ryan van Dijk, and Arisa Trew from online development project, Level Up (photo credit: Mathias Scherrer).
    Screen Australia has announced over $8.1 million in production funding for 15 projects spanning feature film, television and online content. This significant investment reflects Screen Australia’s ongoing commitment to fostering innovative storytelling and content that engages audiences across genres and platforms.
    Among the funded projects are Zac Power, a new animated family feature from Flying Bark Productions and Cheeky Little Media, based on the popular book series of the same name; Leviticus, the latest feature from Causeway Films, the production company behind the global breakout success Talk to Me; romantic comedy Love Adjacent; Stan’s psychological thriller series Watching You; and online series Hoops, from the creative team behind the popular TikTok documentary Transathletica.
    Screen Australia CEO Deirdre Brennan said, “These latest projects reflect the depth of creative storytelling that defines the Australian screen industry. We support projects that entertain and resonate with audiences. Our aim is to champion authentic local voices and ensure our sector remains at the forefront of global storytelling.”
    “For the 2023/24 financial year, Screen Australia invested over $85 million across all 57 funding programs, including over $5.5 million through the First Nations Department, and issued 205 final certificates through the Producer Offset with a total value of $413 million. Demand on Screen Australia support remained high, with the agency supporting just under a third of all applications received. We’ll continue to seek ways to provide impactful support within our limited capacity, prioritising audience connection, industry value and cultural relevance.”
    Over the past year, Australian projects demanded global attention with 61 Australian projects selected for international film festivals and events. Amongst those titles, online series Videoland took out Best Comedy series at the prestigious Festival Series Mania, critically acclaimed debut feature Shayda won the Sundance Audience Award, and Furiosa and Australia/Ireland Co-production The Surfer starring Nicholas Cage led the Australian contingent hosting World Premieres at Cannes Film Festival. Funding stories that reflect and connect remains a focus and in 2023/24, the agency supported a breadth of titles that highlight local screen talent including drama series Top End Bub, feature film JIMPA and a new slate of children’s content including DO NOT WATCH THIS SHOW, an animated adaptation of the popular children’s book series by comedian and author Andy Lee.
    “Our focus is firmly on the future. We’re building a sustainable screen economy that both adapts and inspires. I’m thrilled by the international recognition of our stories and excited for the pipeline of projects set to release before the end of the year including films Memoir of a Snail and The Moogai, along with series’ Thou Shalt Not Steal, Four Years Later and Plum – I can’t wait for Australians to experience them,” continued Brennan.
    The projects funded for production include:

    Chasing Millions: A crime drama set in Belfast 2004, where Northern Ireland has been at peace for six years, but old enmities and mistrust remain. Chasing Millions tells the story of the biggest bank heist in Irish, British (and Australian) history making reluctant partners of ambitious Australian police officer, Diana, with gruff, veteran Northern Irish detective, Crawford, as they investigate and seek to solve the crime while navigating their way through the minefield of a fragile peace. An official Irish-Australian co-production with Irish director Stephen Burke (Maze) at the helm, based on a script by Stephen Burke and Katherine Thomson (Schapelle, House of Hancock). Producers are Jane Doolan (Maze, Wolf) of Mammoth Films, Ireland and Michael Wrenn (Audrey) of Invisible Republic, Australia. It has received major production investment from Screen Ireland, with local distribution by Bonsai Films and international sales by Level K.
    Displaced: A six-part comedy sci-fi series for YouTube that follows a dysfunctional physicist who is accidentally sent back in time and in the process, tries to fix her future by mentoring her younger self. Displaced is a comedy about depression, queerness, making trouble, healing an inner child, and being seen. It is from writer/director Molly Daniels (The InBESTigators, Wispy), writer/producer Jem Splitter (Galacticare) and producer Rachael Morrow. Displaced is produced and developed in association with VicScreen and financed with support from the Community Broadcasting Foundation.
    Hoops: From the team behind Transathletica on TikTok, Hoops documents the journey of Transgender Basketballer Lexi Rodgers and her fight to be ruled eligible to play with a NBL1 South team. After a major setback in 2023, Lexi spends the year jumping through hoops – determined against all odds to play in the 2024 season. Hoops is from writer/director Hannah McElhinney, writer Rudy Jean Rigg and executive producer Jamie Searle of Transathletica, with Eliza Bone (Letter for the King) producing.
    Leviticus: The latest horror feature film from the production company behind box office hit Talk to Me, Leviticus is the story of two teenage boys living in a conservative Christian community in regional Victoria, Naim and Ryan. When their attraction to each other is identified by the local pastor, the pair are subjected to a conversion ritual which unknowingly releases an entity that terrorises the town. Leviticus is from writer/director Adrian Chiarella (Totally Completely Fine), and producers Hannah Ngo (Latecomers) and Samantha Jennings and Kristina Ceyton of Causeway Films. It is financed in association with Salmira Productions, and developed and produced in association with VicScreen, who is also supporting post, digital and visual effects (PDV). PDV is also supported by Kojo Studio, with local distribution by Maslow Entertainment and international sales by Studio 301 Films.
    Love Adjacent: When food critic Maggie writes a review that causes top chef Ryan’s restaurant to go under, he is forced to retreat back home and start again from scratch. Coincidentally in the same town for her sister’s wedding, Maggie is determined to continue taking down what Ryan is serving up, that is until catastrophe strikes and Maggie desperately needs Ryan’s help to make her sister’s wedding happen. Love Adjacent is a romantic comedy feature film directed by Louise Alston (Back of the Net) and written by Sarah Mayberry (Neighbours) and Christopher Gist (The Broken Shore), with Kate Whitbread (The Caterpillar Wish) and Spencer McLaren (This Little Love of Mine) producing. It is produced in association with VicScreen, with Umbrella Entertainment distributing locally and Film Seekers managing international sales.
    Posthumous: In this drama, horror feature film, Zoe returns to her family home and estranged father to find some semblance of comfort after her life falls apart, but the discovery of a mysterious videotape threatens to undo everything she knew about her deceased mother’s final days and her own birth. Amidst their shared grief, Zoe and her father face a powerful supernatural force as long-buried events are exposed, and must be reckoned with. Posthumous is from writer/director/producer Josh Tanner (Wandering Soul) and writer/producer Jade van der Lei (6 Festivals), with Joel Anderson (Lake Mungo) executive producing. It is funded in association with Screen Queensland. Financed with support from the Gold Coast Screen Incentive, with local distribution by Kismet Movies.
    Saccharine: In this psychological horror feature from Carver Films (Run Rabbit Run), a lovelorn medical student becomes terrorised by a hungry ghost after taking part in an obscure weight-loss craze: eating human ashes. Saccharine is from writer/director/producer Natalie Erika James and producers Anna McLeish and Sarah Shaw, the team behind Relic. It is produced in association with VicScreen, with local distribution by Maslow Entertainment and international sales by XYZ Films.
    Watching You: A six-part gripping psychological thriller for Stan based on J.P Pomare’s novel The Last Guests. Watching You is created for television by Alexei Mizin and Ryan van Dijk and produced by Jason Stephens and Bree-Anne Sykes. Helen Bowden, Cailah Scobie and Alicia Brown are executive producing. It has received major production investment from Stan and is financed with support from Screen NSW through the Made in NSW Fund. Post, digital and visual effects supported by Screen NSW. Financed in association with and distributed by ITV Studios.
    Zac Power: Based on the popular book series of the same name, Zac Power is an animated family feature from Flying Bark Productions (200% Wolf, 100% Wolf) and Cheeky Little Media (Kangaroo Beach, Ginger and the Vegesaurs). Zac Power’s position as the top teenage spy is compromised after a brilliant new agent arrives. When his recklessness allows an ostentatious supervillain to steal a high-tech weapon, Zac is forced to confront his own flaws and team up with his rival. The film is directed by Alexs Stadermann and David Webster and written by Fin Edquist, John Armstrong, Lawrence Leung and Erica Harrison. It is financed in association with the Australian Children’s Television Foundation.

    Also announced today are 27 television dramas, 23 feature films and six online projects that will share in over $1.7 million of development funding. Of these, 24 projects have been supported through the Generate Fund, 26 through the Premium Fund and six through the Online Development Fund.
    The projects include online action adventure series Amy the Pirate; family music drama feature Piano Mums, following a promising teenage pianist and exploring the power of music and love of family; Skip Ahead project Life of Kea that has been developed into a television drama series; and a second season of the TikTok docuseries Sextistics, which continues to explore the statistics to create a snapshot of gender, sexuality and identity within Australia.
    For the list of projects funded across scripted feature films, scripted television, online and development in the 2023/24 financial year, visit:

    For full details on feature films funded for production so far in the 2024/25 financial year, click here.
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    Media enquiries
    Maddie Walsh | Publicist
    + 61 2 8113 5915  | [email protected]
    Jessica Parry | Senior Publicist (Mon, Tue, Thu)
    + 61 428 767 836  | [email protected]
    All other general/non-media enquiries
    Sydney + 61 2 8113 5800  |  Melbourne + 61 3 8682 1900 | [email protected]

    MIL OSI News

  • MIL-OSI USA: Senators Reverend Warnock, Casey Urge Administration to Ensure Seniors Can Benefit from New Prescription Drug Cost Cap

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    Senators Reverend Warnock, Casey Urge Administration to Ensure Seniors Can Benefit from New Prescription Drug Cost Cap

    The senators urged the Biden Administration to provide more information to seniors about out-of-pocket prescription drug cost cap that goes into effect January 2025
    The $2,000 cap on out-of-pocket prescription drugs for Medicare recipients to save seniors $1.5 billion in copays and other expenses
    Senator Reverend Warnock championed the Inflation Reduction Act law lowering out-of-pocket drug costs, giving Medicare the power to negotiate and lower prescription drugs
    Senators Reverend Warnock, Casey also recently reintroduced the Capping Prescription Costs Act to lower out-of-pocket drug costs for families – MORE HERE
    Senators Reverend Warnock, Casey: “The new cap will allow nearly 19 million Medicare beneficiaries to reduce their spending on prescription drugs. We must do more to ensure that older adults understand these new options and benefits”
    Washington, D.C. – U.S. Senators Reverend Raphael Warnock (D-GA) and Bob Casey (D-PA) are urging the Biden Administration to better inform seniors of the steps they may need to take to benefit from the impending cap on out-of-pocket prescription drug costs.
    In an October 3 letter to the Department of Health and Human Services (HHS) Secretary Xavier Becerra, the Senators noted that in January 2025, as a result of the landmark Inflation Reduction Act law, a $2,000 cap on out-of-pocket drug costs for Medicare Part D beneficiaries will go into effect and reduce drug costs for nearly 19 million Americans. The Senators urged HHS to increase outreach efforts to ensure that seniors understand how to guarantee their prescription drugs count towards the out-of-pocket cap so they don’t end up paying more than expected.
    “The new cap will allow nearly 19 million Medicare beneficiaries to reduce their spending on prescription drugs. We must do more to ensure that older adults understand these new options and benefits. A lack of information and communication could leave older adults paying more and missing out on benefits to which they are entitled,” wrote the Senators.
    Senators Reverend Warnock and Casey have long led efforts in the Senate to lower prescription drug costs. In 2022, they fought to pass the Inflation Reduction Act, which put in place the $2,000 cap on out-of-pocket prescription drug costs for Medicare Part D beneficiaries. The law also capped the cost of insulin at $35 a month for Medicare recipients and gave Medicare the power to negotiate prescription drug prices for the first time. Negotiations began last year on the first set of ten drugs: Eliquis, Jardiance, Xarelto, Januvia, Farxiga, Entresto, Enbrel, Imbruvica, Stelara, and NovoLog/Fiasp. In August, the Biden Administration announced the new, lower negotiated prices for each of these first ten drugs. Early next year, the Administration will announce the next set of 15 drugs that will be subject to price negotiations. Senators Warnock and Casey also recently introduced the Capping Prescription Costs Act which would cap annual out-of-pocket prescription drug costs at $2,000 for individuals and $4,000 for families with private insurance.
    “The IRA directly lowers prescription drug costs for millions of Americans, and we must do everything we can provide older adults with the resources to understand these benefits. This is especially important with Open Enrollment beginning on October 15, a key opportunity for beneficiaries to ensure their health plans meet their needs. The Biden-Harris Administration has worked tirelessly to pass and implement the IRA, and we look forward to continuing those efforts as provisions of the law take effect, making prescription drugs costs more affordable,” concluded the senators.
    The full letter can be found HERE and the text is below:
    Dear Secretary Becerra:
    Thank you for your ongoing commitment to lowering the cost of health care across the Nation. In just a few months, as a result of the Inflation Reduction Act (IRA), a $2,000 cap on out-of pocket prescription drug costs will go into effect. The new cap will allow nearly 19 million Medicare beneficiaries to reduce their spending on prescription drugs. We must do more to ensure that older adults understand their new options and benefits. A lack of information and communication could leave older adults paying more and missing out on benefits to which they are entitled.  As this and other prescription drug pricing provisions from the IRA take effect, we urge the Department of Health and Human Services (HHS) to increase outreach efforts to older adults to ensure they are aware of how to benefit from the law
    When Congress passed the IRA, we fought to ensure the legislation included significant steps to improve prescription drug affordability by allowing Medicare to negotiate drug prices, capping out of pocket costs for Medicare beneficiaries, lowering insulin costs, and decreasing prescription drug costs for low-income Medicare beneficiaries. Last year, the Centers for Medicare & Medicaid Services (CMS) began to negotiate with pharmaceutical companies to lower the price of prescription drugs and in August, CMS announced the negotiated maximum fair prices for the first 10 drugs under the IRA’s negotiation program. Medicare enrollees taking these 10 drugs paid a total of $3.4 billion in out-of-pocket costs in 2022. Had the IRA been in effect in 2023, Medicare would have saved $6 billion, and beneficiaries would have saved $1.5 billion in copays and other expenses. Additional drugs will be negotiated each year under this program, largely expanding the affordability of prescription drugs for Medicare beneficiaries.
    Starting in 2023, cost-sharing was eliminated for vaccines covered by Medicare Part D. According to HHS, 10.3 million Medicare Part D enrollees received a recommended vaccine free of charge, which saved beneficiaries more than $400 million in out-of-pocket costs. This includes 3.9 million older adults who received a shingles vaccine, which is an increase of about 42 percent from 2021.
    In January 2024, the IRA also capped out of pocket costs for insulin at $35 per month for Medicare beneficiaries enrolled in Part B and Part D. Had the IRA been in effect in 2020, 1.5 million Medicare beneficiaries would have benefited, saving about $734 million in Part D and $27 million in Part B, or about $500 in average annual savings per beneficiary. Thanks to pressure from the IRA, three of the largest U.S. insulin manufacturers have capped out-of-pocket insulin costs for even more patients.
    In January 2025, Medicare Part D enrollees will benefit from a $2,000 cap on out-of-pocket drug costs. This redesign will reduce beneficiary out-of-pocket spending by about $7.4 billion each year among more than 18.7 million enrollees in 2025. This will save nearly $400 per person in out of pocket costs each year. 
    CMS has provided some information about the upcoming implementation of the out-of-pocket cap, with detailed guidance regarding the Medicare Prescription Payment Plan to Part D plan sponsors and a fact sheet for consumers and Medicare beneficiaries. But CMS must do more to inform older adults about the details of the $2,000 out of pocket cap to ensure they are able to realize its maximum benefits. For example, Medicare beneficiaries need information about how to guarantee their prescription drugs count towards the out-of-pocket cap and how to choose the best Part D plan for their individual needs. Without this critical information, beneficiaries may end up paying more than expected.
    The IRA directly lowers prescription drug costs for millions of Americans, and we must do everything we can provide older adults with the resources to understand these benefits. This is especially important with Open Enrollment beginning on October 15, a key opportunity for beneficiaries to ensure their health plans meet their needs. The Biden-Harris Administration has worked tirelessly to pass and implement the IRA, and we look forward to continuing those efforts as provisions of the law take effect, making prescription drugs costs more affordable.

    MIL OSI USA News

  • MIL-OSI USA: Finalists for Tenth Annual 43north Startup Competition

    Source: US State of New York

    Governor Kathy Hochul today announced the eight finalists for the 10th annual 43North startup competition taking place tomorrow, Oct. 10, marking ten years of entrepreneurial success in Buffalo achieved by investing in the innovative businesses and jobs of the future. This year’s finalists from across the country span a diverse range of industries, including edtech, fintech, AI, foodtech, healthtech and more. A team of 24 venture capitalists heard pitches from the 16 semi-finalists and selected the eight teams that will be moving on to tomorrow’s big event, where they will pitch their extraordinary ideas in front of a live audience at Shea’s Performing Arts Center – competing for one of five $1 million investments and the chance to scale their businesses in one of the nation’s fastest-growing startup ecosystems.

    “Buffalo has an impressive history of innovation, and 43North is continuing this tradition by drawing some of the most exciting startups from around the world to the region,” Governor Hochul said. “The impact of 43North is undeniable. Over the past ten years we have seen Buffalo become recognized as a national startup hub and we look forward to seeing how this year’s cutting-edge businesses and top talent will fuel Western New York’s growing entrepreneurial economy.”

    In addition to funding, the 43North accelerator provides mentorship, office space, access to a wide network of investors, and resources that help startups scale effectively. Over the past decade, 43North has invested in 69 companies, 52 percent of which have remained in Buffalo. The portfolio features 50 percent of companies led by founders of color and 26 percent led by female founders.

    43North President Colleen E. Heidinger said, “We’re excited to welcome over 3,000 attendees for our tenth 43North Finals competition, where a new group of startups will compete to join our portfolio and the opportunity to become part of Buffalo’s growing innovation community. With support from New York State and Empire State Development, 43North continues to foster innovation and growth across the Buffalo entrepreneurial ecosystem.”

    More than 3,000 audience members at this year’s 43North Finals event will cheer on the new crop of competitors vying for a place in 43North’s portfolio. The 43North business accelerator is funded by New York State and receives support from Empire State Development to operate competitions. Following a successful return in 2023, the $25,000 People’s Choice Award, sponsored by Highmark Blue Cross Blue Shield, will once again be decided by a live audience vote during the finals event tomorrow.

    The 2024 43North Finalists are:

    8B Education Investments – Ithaca, NY

    8B Education Investments is a fintech platform enabling campuses to meet their revenue and enrollment goals by tackling the $50 billion gap in education financing facing African students going to study in the US.

    Cactivate – Boston, MA

    Cactivate is a plug-and-play, marketing copilot for small and medium-sized businesses. Its vertically-integrated one-stop-shop uses large language models and retrieval-augmented generation to prescribe and assist with marketing strategies.

    CoverRight – Brooklyn, NY

    CoverRight is on a mission to improve the lives of older adults by guiding them through health, finance and lifestyle options that benefit them.

    FLUIX – Tampa, FL

    FLUIX is an Autonomous AI software platform that saves critical buildings, such as data centers, up to 40 percent in energy costs by intelligently connecting and holistically controlling facility systems.

    FoodNerd – Buffalo, NY

    FoodNerd is a food technology platform redefining the processing of shelf-stable foods. Its patent-pending technology produces nutraceutical-grade food with vitamins, minerals, and phytonutrients preserved intact.

    HeronAI – Cambridge, MA

    HeronAI has created the only Growth Opportunity Tool designed for accounting firms to streamline month-end advisory reporting. HeronAI helps reduce reporting time from weeks to under 5 minutes.

    Rarebird – San Francisco, CA

    Rarebird makes Px (paraxanthine) coffee, a patented coffee with the world’s first caffeine replacement.

    Spiky.ai – Brookline, MA

    Spiky empowers revenue teams with real-time AI-driven customer insights for enhanced selling effectiveness.

    You can watch the 43North Finals live online at 43North.org starting at 6:00 p.m tomorrow, Oct. 10.

    About 43North

    43North is an accelerator program that hosts an annual startup competition, investing $5 million per year to attract and cultivate high-growth companies in Buffalo, NY. 43North portfolio companies also receive free incubator space in Buffalo for one year, guidance from mentors in related fields, and access to other business incentive programs such as START-UP NY. 43North operates through the support of Governor Kathy Hochul, Empire State Development, the M&T Foundation and several other sponsors. For more information about 43North, visit http://www.43north.org.

    MIL OSI USA News

  • MIL-OSI Australia: Second reading speech, Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024

    Source: Australian Treasurer

    I move that this Bill be now read a second time.

    Today I am proud to introduce the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024.

    I’m also introducing it on behalf of my colleague Andrew Leigh as the Assistant Minister for Competition, Charities and Treasury, and I’d like to acknowledge him and thank him for his contribution.

    This Bill is another big step towards reforming Australia’s merger rules and further boosting competition and productivity in our economy.

    It outlines the biggest reforms to Australia’s merger settings in almost 50 years.

    It will create a regime that more efficiently and effectively targets mergers that are anti‑competitive, while allowing mergers that are pro‑competitive to proceed faster.

    Speaker,

    We understand most mergers have genuine economic benefits and are an important feature of any healthy, open financial system.

    They can attract capital, re‑tool businesses and improve the uptake of new technologies.

    They can allow businesses to achieve greater economies of scale and scope, to access new resources, technology and expertise.

    This can flow through to consumers via greater product choice and quality as well as lower prices.

    But some mergers can cause serious economic harm.

    This can happen when businesses are not interested in improving profitability by lifting productivity.

    When they’re solely focused on squeezing out competitors to capture a larger percentage of the market.

    This can strangle innovation, reduce productivity in our economy and punish consumers with reduced choice.

    Treasury’s Competition Taskforce has spent a lot of its time hearing about and thinking about these issues.

    Andrew and I set up this Taskforce and its work has made plain that Australia’s approach to mergers is no longer fit for purpose.

    Speaker,

    The need for reform is clear.

    Australia is one of only 3 OECD countries that doesn’t require compulsory notification of mergers.

    Last year, over 1,400 mergers were recorded, at a value of around $300 billion.

    Meanwhile, the ACCC looked at an average of 330 mergers a year over the past decade.

    But we don’t know whether these are the right 330, or the mergers with the greatest potential to cause harm.

    When the ACCC does assess mergers, the current approach is not transparent for businesses or the community.

    Clearance can be too slow and cause expensive delays for some businesses as they wait.

    This legislation will bring our merger system into the 21st century.

    Speaker,

    This Bill enshrines our historic reforms into law.

    The legislation will improve our regime in 5 ways, by making the system faster, stronger, simpler, more targeted and more transparent.

    Approvals will be faster under the new system, with mergers ticked within 30 working days where the ACCC is satisfied they pose no threat to competition.

    The regime will be stronger thanks to a mandatory notification system and empowering the ACCC as the decision maker on all mergers.

    The system will be simpler, because we are reducing 3 streams to a streamlined path to approval that removes duplication and standardises notification requirements for mergers.

    It will be more targeted, because mergers that create, strengthen or entrench substantial market power will be identified and stopped while those consistent with our national economic interest will be fast tracked.

    Finally, the merger regime will be more transparent, by ensuring the ACCC has better visibility of merger activity.

    We are creating a public register of all mergers and acquisitions notified to the ACCC to promote this transparency and accountability.

    Reviews of ACCC decisions will be the responsibility of the Competition Tribunal made up of a Federal Court judge, an economist and a business leader.

    Under the strengthened system, not every merger will be captured.

    Only mergers above monetary thresholds will need to be notified to the ACCC and be approved before proceeding.

    The government intends to set these monetary thresholds in regulations following the passage of this Bill.

    There will be 3 key thresholds.

    Firstly, any merger will be looked at if the Australian turnover of the combined businesses is above $200 million, and either the business or assets being acquired has Australian turnover above $50 million or global transaction value above $250 million.

    Secondly, the ACCC will look at any merger involving a very large business with Australian turnover more than $500 million buying a smaller business or assets with Australian turnover above $10 million.

    Finally, to target serial acquisitions, all mergers by businesses with combined Australian turnover of more than $200 million where the cumulative Australian turnover from acquisitions in the same or similar goods or services over a 3‑year period is at least $50 million will be captured, or $10 million if a very large business is involved.

    Land acquisitions involving residential property development and certain commercial property acquisitions won’t be included to avoid clogging up the system with simple land purchases unless they are captured by additional targeted notification requirements.

    These thresholds have been developed in close consultation with industry and the community.

    The thresholds strike the right balance between creating a rigorous and robust regime without calling in every merger.

    These thresholds will allow the ACCC to focus its efforts on the mergers that really matter.

    We want to see the majority of mergers approved quickly, so the ACCC can focus on the minority that give rise to competition concerns.

    The thresholds will be reviewed 12 months after coming into effect, to ensure they are working as intended.

    In addition, the legislation provides flexibility to allow the Treasurer to adjust and calibrate the thresholds to respond to evidence‑based concerns from the ACCC about high‑risk mergers, like in the supermarket sector.

    This power, combined with the thresholds, will allow the ACCC to review all the mergers that they have been typically concerned about.

    Using this provision, the government intends to make sure the ACCC is notified of every merger in the supermarket sector.

    Our intention to mandate this approach is based on evidence provided by the competition regulator.

    Reviewing every supermarket merger is all part of the decisive action our government is taking to help Australians get fairer prices at the checkout.

    We want to make sure supermarket mergers don’t come at the cost of Australians, families and pensioners getting a fair price on their grocery bills.

    Our merger reforms will help ensure our supermarkets are as competitive as they can be so Australians get the best prices possible.

    On the advice of the ACCC Chair, the government also intends to use this power to get the competition regulator to review purchases of an interest above 20 per cent in an unlisted or private company, if one of the companies involved in the deal has turnover more than $200 million.

    This is all about lifting the level of scrutiny and transparency for private markets transactions, which have boomed in Australia in the past decade.

    It will give the ACCC the ability to analyse changes of control in private companies to ensure negative competition effects are avoided and to scrutinise these deals in more detail.

    The government will also consider designation requirements for sectors such as fuel, liquor and oncology‑radiology.

    These merger laws will take effect from 1 January 2026 and apply voluntarily from 1 July 2025.

    Speaker,

    This Bill has been developed through detailed consultation and we’d like to take a moment here to thank everyone for their contributions.

    We’re especially grateful for the input from the Expert Advisory Panel, comprising Kerry Schott, David Gonski, John Asker, Sharon Henrick, John Fingleton, Danielle Wood and Rod Sims.

    I’m also thankful for all the discussions and consultation we have held with businesses, the competition regulator, and the broader community.

    That input and those views helped shaped this legislation.

    This Bill builds on the Albanese Labor government’s substantial and broad competition reform agenda, which is all about creating a more dynamic, more productive and resilient economy.

    This includes revitalising National Competition Policy with all state and territory governments.

    Abolishing around 500 nuisance tariffs to cut compliance costs, reduce red tape, make it easier to do business, and boost productivity.

    Helping Australians get a fair price at the checkout with a new mandatory Food and Grocery Code, an ACCC inquiry and more funding for its investigations, reforming planning and zoning regulations and funding for CHOICE for price transparency reports.

    Promoting competition in our financial system, including in payments, financial market infrastructure and through the introduction of a financial services regulatory grid.

    Helping bank customers find and follow better deals on their mortgages and higher interest rates on their savings accounts.

    This agenda will help expand choices, lift living standards and grow our economy.

    It will help ensure that our people, businesses and industries are beneficiaries of the opportunities before us in the defining decade ahead.

    The legislation I introduce today forms a key part of these competition reforms.

    And we are proud to introduce it to the House.

    Full details of the measure are contained in the Explanatory Memorandum.

    MIL OSI News

  • MIL-OSI Russia: IMF Staff Concludes Visit to Burkina Faso

    Source: IMF – News in Russian

    October 9, 2024

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    Ouagadougou: An International Monetary Fund (IMF) staff team led by Martin Schindler visited Ouagadougou during September 30–October 9 to discuss macroeconomic policies in the context of the second review of the authorities’ four-year program supported by the Extended Credit Facility (ECF) arrangement. Staff met with the Minister of Economy and Finance, Hon. Aboubakar Nacanabo; the BCEAO National Director, Armand Badiel; and other senior government officials. The team also met with private sector representatives and development partners.

    At the conclusion of the mission, Mr. Schindler issued the following statement:

    “An IMF team visited Ouagadougou for discussions on the second review of the IMF-supported four-year program, which aims at creating fiscal space for priority spending, strengthening social protection, advancing good governance, and promoting sustainable growth. We had constructive discussions on the evolution and prospects of the program in the context of a volatile security situation. They focused on macroeconomic and fiscal developments, improving fiscal transparency and governance, reducing fiscal risks, and enhancing efficiency in the energy sector.

    “The team will return to Washington, D.C., to advance its technical work, and discussions with the authorities will continue in the weeks ahead, including during the upcoming IMF/World Bank Group Annual Meetings in Washington, D.C. in late October. The discussions will focus on making further progress on the authorities’ structural reform and fiscal governance agenda, among other topics.

    “We reaffirm our commitment to support Burkina Faso in these challenging times, consistent with IMF policies.

    “Staff expresses their gratitude to the authorities, private sector representatives, development partners, and other stakeholders in Burkina Faso for their constructive engagement and support during this mission.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Tatiana Mossot

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/09/pr-24362-burkina-faso-imf-staff-concludes-visit

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Government unveils most significant reforms to employment rights

    Source: United Kingdom – Executive Government & Departments

    Ministers have unveiled the Employment Rights Bill to help deliver economic security and growth to businesses, workers and communities across the UK.

    • Legislation introduced in Parliament to upgrade workers’ rights across the UK, tackle poor working conditions and benefit businesses and workers alike 
    • Ahead of International Investment Summit, government reveals landmark reforms in under 100 days to boost pay and productivity, showing the benefits of a ‘pro-business, pro-worker’ approach 
    • New balance for early months of a job at heart of pragmatic reforms to help drive growth in the economy and support more people into secure work 
    • Employment Rights Bill will end exploitative zero-hour contracts and unscrupulous fire and rehire practices, while establishing rights to bereavement and parental leave from day one 

    Today (10 October) ministers have unveiled the Employment Rights Bill, introduced within 100 days of the new government coming to office, to help deliver economic security and growth to businesses, workers and communities across the UK.  

    Getting the labour market moving again is essential to economic growth with one in five UK businesses with more than 10 employees reporting staff shortages. Flexibility, for workers and businesses alike, is key to answering this challenge and is at the heart of the legislation to upgrade the law to ensure it is fit for modern life and a modern economy. 

    The existing two-year qualifying period for protections from unfair dismissal will be removed, delivering on the manifesto commitment to ensure that all workers have a right to these protections from day one on the job. 

    The government will also consult on a new statutory probation period for companies’ new hires. This will allow for a proper assessment of an employee’s suitability to a role as well as reassuring employees that they have rights from day one, enabling businesses to take chances on hires while giving more people confidence to re-enter the job market or change careers, improving their living standards.  

    The bill will bring forward 28 individual employment reforms, from ending exploitative zero hours contracts and fire and rehire practices to establishing day one rights for paternity, parental and bereavement leave for millions of workers. Statutory sick pay will also be strengthened, removing the lower earnings limit for all workers and cutting out the waiting period before sick pay kicks in. 

    Accompanying this will be measures to help make the workplace more compatible with people’s lives, with flexible working made the default where practical. Large employers will also be required to create action plans on addressing gender pay gaps and supporting employees through the menopause, and protections against dismissal will be strengthened for pregnant women and new mothers. This is all with the intention of keeping people in work for longer, reducing recruitment costs for employers by increasing staff retention and helping the economy grow. 

    A new Fair Work Agency bringing together existing enforcement bodies will also be established to enforce rights such as holiday pay and support employers looking for guidance on how to comply with the law. 

    Deputy Prime Minister Angela Rayner said:

    This government is delivering the biggest upgrade to rights at work for a generation, boosting pay and productivity with employment laws fit for a modern economy. We’re turning the page on an economy riven with insecurity, ravaged by dire productivity and blighted by low pay. 

    The UK’s out-of-date employment laws are holding our country back and failing business and workers alike. Our plans to make work pay will deliver security in work as the foundation for boosting productivity and growing our economy to make working people better off and realise our potential. 

    Too many people are drawn into a race to the bottom, denied the security they need to raise a family while businesses are unable to retain the workers they need to grow. We’re raising the floor on rights at work to deliver a stronger, fairer and brighter future of work for Britain.

    Business Secretary Jonathan Reynolds said:

    It is our mission to get the economy moving and create the long term, sustainable growth that people and businesses across the country need. Our plan will give the world of work a much needed upgrade, boosting pay and productivity.    

    The best employers know that employees are more productive when they are happy at work.  That is why it’s vital to give employers the flexibility they need to grow whilst ending unscrupulous and unfair practices.  

    This upgrade to our laws will ensure they are fit for modern life, raise living standards and provide opportunity and security for businesses, workers and communities across the country.

    Alongside the legislation, a ‘Next Steps’ document for the Make Work Pay Plan has been published [available here – link to when available] outlining the government’s vision and long-term plans and setting out our ambitions for the plan to grow the economy, raise living standards across the country and create opportunities for all. 

    Ending one-sided flexibility

    The legislation will level the playing field where all parties understand what is required of them and good employers aren’t undercut by bad ones.  

    The bill will end exploitative zero hours contracts, following research that shows 84% of zero hours workers would rather have guaranteed hours. They, along with those on low hours contracts, will now have the right to a guaranteed hours contract if they work regular hours over a defined period, giving them security of earnings whilst allowing people to remain on zero hours contracts where they prefer to. According to TUC research nearly two thirds of managers (64%) believe ending zero hours contracts would have a positive impact on their business.  

    Ending unscrupulous employment practices is a priority for this government and none more so than shutting down the loopholes that allow bullying fire and rehire and fire and replace to continue. The government is closing these loopholes and putting in place measures to give greater protections against unfair dismissal from day one, ensuring that the feeling of security at work is no longer a luxury for the privileged few. 

    This bill turns the page on the previously ineffective, costly and conflicting approach to dealing with industrial relations that has brought so much disruption to businesses and livelihoods. lt repeals the anti-union legislation put in place by the previous administration, including the Minimum Service Levels (Strikes) Act legislation that failed to prevent a single day of industrial action while in force. 

    Employment Rights Minister Justin Madders said:

    We know that most employers proudly treat their staff well. However, for decades as the world of work has changed, employment rights have failed to keep pace, with an increase in one-sided flexibility slowing the potential for growth in the economy.

    The steps we’re taking today will finally right these wrongs, working in partnership with business and unions to kickstart economic growth that will benefit them, their workers and local communities.  

    From tackling fire and rehire to ending exploitative zero hours contracts, we are delivering a modern economy that drives up living standards for families across the UK.

    Supporting working families

    Too many people find that the current system isn’t compatible with the realities of everyday life, whether that’s raising children or supporting a loved one with a health condition. The government wants to make sure that everyone can get on in work and not be held back because work isn’t compatible with important family responsibilities. 

    That is why the government will:

    • Change the law to make flexible working the default for all, unless the employer can prove it’s unreasonable.   
    • Set a clear standard for employers by establishing a new right to bereavement leave, with the entitlement sculpted with the needs of employees and the concerns of employers at the forefront.  
    • Deliver stronger protections for pregnant women and new mothers returning to work including protection from dismissal whilst pregnant, on maternity leave and within six months of returning to work.   
    • Tackle low pay by accounting for cost of living when setting the Minimum Wage and remove discriminatory age bands.  
    • Establish a new Fair Work Agency that will bring together different government enforcement bodies, enforce holiday pay for the first time and strengthen statutory sick pay. It will create a stronger, recognisable single organisation that people know where to go for help – with better support for employers who want to comply with the law and tough action on the minority who deliberately flout it.   

    Beyond the bill

    The Make Work Pay Plan doesn’t stop with this bill. Continuing to reform employment rights in line with changes to the economy and labour market is critical to maintaining growth, prosperity and opportunity. As an outlook to the future, the government has also today published a Next Steps document that outlines reforms it will look to implement in the future.  

    Subject to consultations, this includes:

    • A Right to Switch Off, preventing employees from being contacted out of hours, except in exceptional circumstances, to allow them the rest and get the recuperation they need to give 100% during their shift. 
    • A strong commitment to end pay discrimination by expanding the Equality (Race and Disparity) Bill to make it mandatory for large employers to report their ethnicity and disability pay gap.  
    • A move towards a single status of worker and transition towards a simpler two-part framework for employment status.  
    • Reviews into the parental leave and carers leave systems to ensure they are delivering for employers, workers and their loved ones.

    Responding to the government’s initiative, these businesses and employee groups have said:

    Shirine Khoury-Haq, CEO of the Co-op, said: 

    We support the Government’s ambitions to strengthen rights for workers and value the co-operative approach to involve employers in the reforms. As the UK’s largest consumer co-operative, Co-op has long supported colleagues to have good working lives, with policies like our leading bereavement leave, day one right to request flexible working arrangements, and menopause support already in place. The positive impact of these policies is clear to see. 

    Being able to support colleagues when they need it, and in particular women, parents and carers, helps retain valuable talent and makes good business sense. We look forward to continuing to work with Government to make work pay and to deliver economic growth.” 

    Paul Nowak, TUC General Secretary, said: 

    After 14 years of stagnating living standards, working people desperately need secure jobs they can build a decent life on.    

    Whether it’s tackling the scourge of zero-hours contracts and fire and rehire, improving access to sick pay and parental leave, or clamping down on exploitation – this Bill highlights the Government’s commitment to upgrade rights and protections for millions.    

    Driving up employment standards is good for workers, good for business and good for growth. While there is still detail to be worked through, it is time to write a positive new chapter for working people in this country.”    

    Jane van Zyl, CEO at Working Families, said: 

    As campaigners for better rights for working parents and carers, we’re pleased there is hope on the horizon for the millions who stand to benefit from the transformational changes in the proposed Employment Bill.  

    Establishing workplace rights from day one and making flexible working the default could be the key to unlocking labour market mobility, with the promise of getting the economy moving and ensuring parents and carers are not held back in their careers. In addition, we welcome any strengthening of legislation that helps protect pregnant women and new mothers against losing their jobs unfairly at a vulnerable time in their lives.  

    The proposals in the Plan to Make Work Pay have the potential to remove barriers in the workplace, give a better start for new parents and reduce gendered roles in caring. The message it sends that worker’s rights matter, and the willingness to address inequalities, is very promising.”  

    Simon Roberts, Chief Executive of Sainsbury’s, said:

    As one of the UK’s largest employers we put our colleagues at the heart of everything we do. We see the clear link between engaged, motivated colleagues and business performance and that is why we have increased colleague pay by over 50% in the last 5 years. 

    We share the Government’s vision of making work pay, enabling growth and driving productivity. We welcome today’s announcement and Government engagement with business to date and look forward to seeing progress on business rates reform, which would deliver real benefits for our colleagues, customers and communities.” 

    Peter Cheese, Chief Executive of CIPD, the professional body for HR and Learning & Development professionals, said:

    We share the Government’s ambition to raise employment standards and job quality through the Employment Rights Bill as part of the wider Make Work Pay agenda.  

    The changes being proposed represent the greatest update in employment legislation in decades. We’re pleased to see the ongoing commitment from Government to engage with the business community to work through the important details to ensure they have a positive impact for both employers and workers.” 

    Jemima Olchawski, CEO of Fawcett Society, said:

    Today’s draft employment bill is a win for women. Fawcett and our members have campaigned long and hard to see government chart a new course for inclusive economic growth and to improve women’s working lives. We share this government’s ambition to ensure all women can thrive at work and fully contribute to the economy.”   

    Mark Reynolds, Mace Group Chair and Chief Executive, said:### 

    Ensuring British workers are supported with strong employment rights benefits everyone – employers as well as employees. This package of reforms is a welcome insight into the Government’s plans and show that they have engaged extensively with businesses and taken a pragmatic approach. We’re pleased to support it; both on behalf of Mace and the wider construction industry. We look forward to working closely with the Government as they take these plans forward.”  

    Brian McNamara, CEO of Haleon, said:

    It is crucial that the Government continues to engage with the business community on such an important piece of legislation and we welcome the dialogue to date. Haleon is committed to creating an inclusive culture that provides all employees with equal opportunities.  This is central to our company strategy and will be core to our future success.” 

    Greg Jackson, CEO of Octopus Energy, said:

    In formulating these proposals it’s clear that the government has listened to both workers and employers to create protections against bad practices while enabling good businesses to invest in growth and training. For example, the probation period will allow progressive employers to give a chance to people without typical experience or educational backgrounds, opening up new opportunities for them in great careers.” 

    Chris O’Shea, CEO of Centrica, said:

    As the largest Unionised workforce in the energy sector, we are pleased to see the Government publish their landmark legislation providing more rights and flexibility to employees. 

    At Centrica, we offer a range of policies to support our 21,000 colleagues including flexible working and health and wellbeing support from day one, a leading 10 days paid carers policy, our Pathway to Parenthood which offers comprehensive financial support towards fertility treatment alongside paid leave to for any fertility, adoption or surrogacy appointments, and additional support for neurodivergent colleagues. It’s the right thing to do and we want to help our employees and share best practices with others. Our experience shows that there is a clear business case for doing this with savings from increased retention and ensuring colleagues don’t have to take unplanned absences.” 

    Helen Dickinson OBE, CEO of the British Retail Consortium, said:

    As the country’s largest private sector employer, employing three million people, the industry stands ready to work with government to ensure these reforms are a win:win for employers and colleagues, and maximise employment opportunities, investment, and growth. Many of the expected provisions, including stopping exploitative contracts and offering flexibility in employment, are things that responsible retailers already do. Introducing these standards for everyone means good employers should be competing on a level playing field. We look forward to engaging the government on the details, including around seasonal hiring and the use of probation periods.” 

    Kate Nicholls, CEO of UKHospitality, said: 

    I’m pleased the Government has recognised the importance of flexibility to both workers and businesses. This is crucial for hospitality, which employs 3.5m people and provides countless flexible roles for working parents, students, carers and many more. 

    We look forward to continuing our engagement and consultation with the Government on its plans, which are not without cost, to get the details right for all parties.” 

    BT Group spokesperson, said:

    BT Group believes that a strong economy is one that works for everyone, and has already adopted many of the measures that will be covered by this legislation.  It will be crucial to get the details right, to avoid unintended consequences and keep the UK competitive, and we welcome the constructive, consultative approach that the Government is taking.

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom