NewzIntel.com

Category: Business

  • MIL-OSI Canada: Government of Saskatchewan Rejects Federal Oil and Gas Emissions Cap and Methane 75 Regulations

    Source: Government of Canada regional news

    Released on September 24, 2024

    Province Would Face Royalty and Tax Revenue Losses up to $7 Billion, Lost Government Revenues of $43 Billion, and up to 34,000 Job Losses by 2050, According to Independent Report

    In its new independent report, the Saskatchewan Economic Impact Assessment Tribunal has found that the federal oil and gas emissions cap and federal Methane 75 regulations would cause substantial economic damage to Saskatchewan.

    By 2050, with production caps and methane mandates in place, Saskatchewan’s oil production would fall by between 38 and 52 per cent, the province would face cumulative royalty and tax revenue losses of between $4.8 and $7.1 billion, and total lost government revenues would be up to $43.3 billion, according to the independent Report.

    “The Tribunal has, in several cases, relied on the same experts as the federal government and presented undeniable, quantitative data that these two federal mandates would be economically devastating to Saskatchewan,” Justice Minister and Attorney General Bronwyn Eyre said. “These mandates will lead to industrial winners and losers across the country and represent a sweeping constitutional overreach into the province’s exclusive jurisdiction over natural resources. This report arms us with additional, independent evidence to constitutionally challenge the two mandates.”

    The Report also found that, with these federal mandates in place, Saskatchewan’s economy would contract by 4.3 per cent by 2030, by 6.4 per cent by 2050, and that there would be a cumulative GDP impact by 2050 of $230 billion. Employment losses by 2050, relative to the status quo, would range from between 12,800 and 34,000 people.

    “The Explorers and Producers Association of Canada (EPAC) remains fundamentally opposed to the imposition of a federal emissions cap on Canadian oil and gas production,” EPAC President and CEO Tristan Goodman said. “This is unnecessary and unacceptable given Canadian producers’ ongoing efforts to reduce emissions. A federal emissions cap will introduce further investment uncertainty and has a likelihood of being found unconstitutional as seen in recent Supreme Court decisions. EPAC supports the goal of reducing methane emissions from the oil and gas sector and we believe this is strictly provincial jurisdiction. We look forward to working with the province of Saskatchewan to achieve their methane emissions reduction target. Federal intervention is not required.”

    These two mandates will also not reduce any global emissions, according to the Report, and production cuts in Canada will simply be back-filled by jurisdictions with weaker environmental standards. Between 2015 and 2023, provincially-regulated methane emissions in Saskatchewan fell by two-thirds.

    The Economic Impact Assessment Tribunal conducted its analysis and developed this report under the authority of The Saskatchewan First Act, which came into force in September 15, 2023. The Report was released yesterday and can be accessed within the background documents at the bottom of this page.

    Additional information about the Economic Impact Assessment Tribunal can be found at:

    https://www.saskatchewan.ca/government/news-and-media/2023/november/28/government-announces-first-impact-assessment-tribunal.

    https://www.saskatchewan.ca/government/news-and-media/2024/april/08/media-advisory.

    The Government of Saskatchewan would like to thank the Economic Assessment Tribunal for its independent, in-depth report. Members of the Tribunal are as follows:

    • Michael W. Milani (Chair);
    • Dr. Janice MacKinnon (Vice-Chair);
    • Kenneth From;
    • Dr. Stuart Smyth; and 
    • Estella Petersen.

    • Michael Milani, KC (Chair) is a senior partner (commercial and insolvency) at McDougall Gauley in Regina. Mr. Milani has previously served as Estey Chair in Business Law at the University of Saskatchewan’s College of Law, as President of the Law Society and Federation of Law Societies of Canada, and is the current Chair of the Law Reform Commission of Saskatchewan. In a legal capacity, he has undertaken various green energy projects for SaskPower, including negotiating power purchase agreements for wind and solar energy, as well as agreements for the engineering, procurement and construction of combined cycle gas plants.
    • Dr. Janice MacKinnon (Vice-Chair) is a fellow of the Royal Society of Canada, member of the Order of Canada, and former Saskatchewan Finance Minister. In 2017, she was appointed to the federal advisory panel on NAFTA and the Environment and, in 2019, was appointed by former Alberta Premier Jason Kenney to chair the Blue Ribbon panel on Alberta’s finances. She is a Professor of fiscal policy at the School of Public Health at the University of Saskatchewan and a senior fellow and member of the National Council at the C.D Howe Institute.
    • Kenneth From is the former President and CEO of SaskEnergy. He is also a former CEO of the Petroleum Technology Research Centre (PTRC) and the Technical Safety Authority of Saskatchewan (TSASK). Mr. From also previously served as an officer and director of Raven Oil Corporation from 2012-2016 and as President of Prairie Hunter Energy Corporation. A professional engineer, he was President (2003-2004) of the Association of Professional Engineers and Geoscientists of Saskatchewan (APEGS).
    • Dr. Stuart Smyth is a professor at the University of Saskatchewan in the Department of Agricultural and Resource Economics. His research focuses on sustainability, agriculture and innovation. As U of S Agri-Food Innovation and Sustainability Enhancement Chair, Dr. Smyth has published over 100 academic articles and is recognized as a leading expert on barriers to innovation and regulatory efficiency.
    • Estella Peterson is an oil sands heavy equipment operator in Fort McMurray, AB. Originally from Saskatchewan and Treaty 4 Cowesess First Nation, Estella is part of Suncor Energy’s Aboriginal Ambassador program and is a freelance contributor, including to The Globe and Mail, on the economic importance of the natural resources sector to Indigenous communities.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: Saskatchewan Exports to France, UK and Netherlands Nearly $1.2 Billion in 2023

    Source: Government of Canada regional news

    Released on September 24, 2024

    Exports to the Three Countries Increased by 34.4 Per Cent Compared to 2022 

    Saskatchewan’s trade relationship with the United Kingdom (UK), France and the Netherlands continued to strengthen in 2023. Data from Statistics Canada shows that the combined total value of exports for these three major nations totaled nearly $1.2 billion.

    The main driver of these exports was uranium, which accounted for 87.3 per cent of exports to the Netherlands, 70.8 per cent of exports to the UK, and 47.3 per cent of exports to France. Another 25.6 per cent of exports to France came from uranium ore and concentrates.

    From January to July 2024, Saskatchewan’s total exports to the Netherlands were $567.6 million, a 119.6 per cent increase compared to the same period in 2023. This increase is primarily due to a 143.5 per cent increase in the value of Saskatchewan uranium exports to the Netherlands.

    “Saskatchewan’s trade and investment offices in London and Germany have made tremendous progress forging new trade relationships in Europe, and we are seeing that work paying off with increased bi-lateral collaboration and record export numbers,” Trade and Export Development Minister Jeremy Harrison said. “Our government will continue working alongside our producers to promote Saskatchewan products to the world, while growing our economy and creating new jobs for our strong and vibrant communities.” 

    All three of these countries saw significant export gains in 2023 compared to 2022. Last year, Saskatchewan exported about $220.5 million of goods to France, which is a 68.7 per cent increase compared to 2022. Exports to the UK totaled $557.2 million in 2023, which is a 43.5 per cent increase from 2022, and exports to the Netherlands totaled $414.1 million, a 12.6 per cent increase from 2022.

    Agri-food also saw strong growth in these countries. In 2023, Saskatchewan was France’s largest supplier of lentils, with the total value of lentil exports reaching $24.2 million, a 44.3 per cent increase from 2022. Saskatchewan was also one of the Netherland’s top suppliers of mustard seeds, exporting about $7.9 million which is a 66.5 per cent increase from 2022. In the UK, Saskatchewan exported around $96.5 million worth of non-durum wheat, an increase of 5.3 per cent from 2022. Other top exports to these countries included chickpeas, canola seed, flaxseed and potash.

    In April of this year, Minister Harrison and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie, and French Nationals Abroad Franck Riester signed a new Letter of Intent (LOI) to explore, develop and cooperate on new projects related to strategic mineral resources. The LOI will focus on the regions’ shared goals of improving supply chain security and sustainability, and research and development for critical minerals. 

    The Government of Saskatchewan recently unveiled its new Securing the Next Decade of Growth – Saskatchewan’s Investment Attraction Strategy. This strategy combined with Saskatchewan’s trade and investment website, InvestSK.ca, contains helpful information for potential markets and solidifies the province as the best place to do business in Canada. 

    For more information visit investSK.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: FACT SHEET: The United  States Commitment to Address the Global Mpox  Outbreak

    US Senate News:

    Source: The White House
    “Now we face the mpox outbreak in Central and Eastern Africa. Mpox is different from COVID-19. But we will act quickly – and bring partners with us. We are prepared to commit at least $500 million – to support African countries to prevent and respond to mpox and donate up to one million doses of mpox vaccines. We call on governments, charities, and businesses to match our pledge – and make this a $1 billion commitment to the people of Africa.” —President Biden, September 24, 2024
    The United States has led global efforts to combat infectious diseases, including mpox, for decades. Most recently in 2022, the Biden-Harris Administration mounted a robust response to the spread of clade IIb mpox by making vaccines available to those at risk, making testing more convenient, and providing treatments to those who needed them both in the United States and worldwide. In response to the ongoing mpox outbreak in Eastern and Central Africa, with several cases outside the region, the United States is acting quickly and decisively to support the response, and to prepare for potential cases domestically. On September 16, the White House welcomed key partners and community stakeholders working on mpox in the United States and around the world to a roundtable with U.S. Government leadership to exchange ideas, feedback and recommendations to inform the U.S. response to this global crisis.
    This week, President Biden announced that the United States is committed to providingat least $500 million dollars, as well as one million mpox vaccine doses, to support African countries to prevent and respond to the current mpox outbreak. These investments will be delivered both bilaterally, through existing relationships with partner countries, as well as through multilateral institutions. United States investments in mpox preparedness and response will address a range of needs outlined in the Mpox Continental Preparedness and Response Plan jointly issued by the Africa Centers for Disease Control and Prevention (Africa CDC) and the World Health Organization (WHO), including training frontline health workers, disease surveillance, laboratory diagnostic supplies and testing, clinical case management, risk communication and community engagement, infection prevention and control, and research. In addition to financial support and vaccines, the U.S. Government has surged dozens of staff, including epidemiologists, laboratorians, and risk communication experts to offer support to the mpox response in DRC and each of the countries surrounding DRC.
    BUILDING STRONGER, RESILIENT HEALTH SYSTEMS
    Investments in building stronger health systems are essential to a rapid and effective emergency response. Longstanding United States support, including through the President’s Emergency Plan for AIDS Relief (PEPFAR), helped to strengthen the systems that are now supporting the mpox response.
    Ongoing global health and health security investments. Since the start of the Biden-Harris Administration, the United States has provided more than $50 billion to support global health and health security. The United States is the largest health donor in the Africa region, allocating more than $2.65 billion in bilateral health funding to countries in Central and Eastern Africa in FY 2023 alone.
    Global health security partnerships. In April 2024, the United States announced formal global health security partnerships with 50 countries, including Burundi, DRC, Kenya, and Uganda. Global health security investments make it possible for the United States to address country-identified gaps in their capacity to prevent, detect, respond to, and recover from health security threats. U.S. assistance to the government of DRC, which began in 2015, has bolstered the DRC’s efforts to contain five Ebola outbreaks since 2020, develop an antimicrobial stewardship work plan, and develop a community feedback system to address infectious disease threats.
    President’s Emergency Plan for AIDS Relief (PEPFAR). For over 20 years, PEPFAR has supported more than 55 countries worldwide, saved more than 25 million lives, enabled 5.5 million babies to be born HIV-free, and prevented millions of new HIV infections. Longstanding PEPFAR investments in creating sustainable HIV care platforms have been leveraged for quick and effective response to cholera, COVID-19, Ebola, H1N1 influenza, tuberculosis, and other health threats. Given the increased risk of severe morbidity and mortality from mpox among people living with HIV, PEPFAR is ensuring program continuity to protect people living with HIV through the use of existing PEPFAR platforms through risk communication, laboratory and surveillance capacity, referral to care, HIV testing, and vaccination delivery to help prevent and respond to mpox.
    SUPPORTING MPOX TESTING, VACCINATION, TREATMENT AND CARE
    Mpox vaccine research and development. Since 2007, the United States, through the Department of Health and Human Services (HHS), has invested more than $2 billion in the JYNNEOS vaccine as part of smallpox preparedness. Additionally, U.S. Government research institutions led the development of the JYNNEOS vaccine through preclinical evaluation, clinical trials, and advanced clinical evaluation platforms. These investments directly led to product licensure for both smallpox and mpox. On September 13, WHO announced pre-qualification of the JYNNEOS vaccine for global use, including in the Africa region in response to ongoing mpox outbreaks.
    Mpox vaccine donation. This week President Biden pledged that the United States will donate up to one million doses of the mpox vaccine. The first U.S.-donated vaccine doses arrived in Nigeria in August (10,000 doses), and in DRC in September (50,000 doses). The next installment of the U.S. commitment, 300,000 vaccine doses, will be available immediately for disbursement in coordination with Gavi, the Vaccine Alliance and the WHO Access and Allocation Mechanism. Additional mpox vaccine doses will be delivered in tranches (totaling up to one million) pending country progress in administering the vaccines, in coordination with Gavi.
    Clinical care and protecting health workers. In DRC, the U.S. Government has procured and delivered medical kits containing antibiotics, oral hydration, and wound care supplies to support government facilities to offer mpox patients relief from their symptoms free of charge, which bolsters community trust and connection with the health care system. The U.S. Government is expanding health care worker capacity to treat mpox and offer psychosocial support to patients, while simultaneously training the workers to protect themselves through use of infection prevention and control best practices.
    Diagnostic tests and training. The U.S. Government is also supporting mpox-affected countries with laboratory expertise and diagnostic supplies. This includes: providing over 40,000 individual test assays and reagents that ensured that countries in the region had the capacity to detect clade I mpox when it crossed their borders; training dozens of laboratory personnel on the use of mpox test kits and procedures to enhance laboratory safety, hygiene, and waste management; strengthening the reach and availability of rapid diagnostic testing capacity; expanding specimen transportation routes; and establishing platforms for laboratory data management.
    Development and testing of effective therapeutics. The United States Government is leading the ongoing “Study of Tecovirimat for Human Mpox Virus” clinical trial for mpox treatment in the United States and other countries affected by clade II mpox.
    Identifying mpox research priorities. To help prioritize mpox research, the United States released an update on mpox research priorities, focusing on four objectives: (1) increasing knowledge about the biology of all clades, including how the virus is transmitted and how people’s immune systems respond to it; (2) evaluating dosing regimens of current mpox vaccines to stretch the vaccine supply and developing novel vaccine concepts; (3) advancing existing and novel treatments, including antivirals and monoclonal antibodies; and (4) supporting strategies for detecting the virus to facilitate clinical care and epidemiological surveillance.
    LEVERAGING STRONG MULTILATERAL PARTNERSHIPS
    As with investments in health systems, building stronger and more effective multilateral institutions between emergencies is essential to ensuring the world is prepared to respond effectively in times of crisis. The United States supports the critical roles of WHO and Africa CDC in leading the mpox response, and we call on those institutions to utilize the strong partnerships that are already in place, including with other multilateral institutions, to protect the health and wellbeing of people living in the affected countries.
    World Health Organization. Among his first acts in office, President Biden declared the United States would reengage with WHO, highlighting our nation’s commitment to advancing multilateral cooperation in a global health crisis. Beyond health emergencies, the United States is collaborating with WHO on a wide range of global health issues such as childhood immunization, nutrition, polio eradication, and strengthening the global health workforce to achieve universal health coverage. Since the beginning of the Biden-Harris Administration, the United States has provided nearly $1.9 billion of support to WHO. In addition, since March 2024, the United States has already provided more than $7.7 million to WHO to support mpox response activities, and $450,000 for building sustainable capacity for mpox elimination in DRC, Burundi, Central African Republic, Republic of Congo, Rwanda, and Uganda. 
    Africa CDC. The United States welcomes and supports the role of Africa CDC as a continent-wide public health institution, established in 2016. In 2022, the U.S. Government signed a Memorandum of Cooperation to Promote Public Health Partnership with the African Union, accompanied by a U.S.-Africa CDC Joint Action Plan outlining shared global health priorities and areas for collaboration. In addition to substantial U.S. bilateral and multilateral support aligned with Africa CDC’s five-year strategic plan and Agenda 2063, the United States provided more than $3 million in direct support to the Africa CDC in the form of in-kind assistance last year alone.
    Gavi, the Vaccine Alliance. Gavi holds essential expertise in effective vaccine procurement, distribution, and administration, which should be leveraged immediately in the mpox response. Since its inception in 2000, the United States Government has invested or announced: 1) over $3.6 billion to improve equitable access to new and underutilized vaccines in low- and middle-income countries; 2) a $4 billion dollar contribution to Gavi’s COVAX Advance Market Commitment; 3) an annual contribution to Gavi’s core budget, including $300 million in 2024 ; 4) and pledged at least $1.58 billion towards USG’s first-ever five-year pledge to Gavi’s next replenishment cycle, subject to Congressional approval. U.S. funding is included in Gavi’s $500 million First Response Fund, which is supporting procurement, delivery, and deployment of 500,000 JYNNEOS doses in response to the mpox outbreak. Finally, affected countries, WHO, Africa CDC, and Gavi recently established the Access and Allocation Mechanism (AAM) as a platform to increase equitable access to mpox response resources and contributions.
    The Quad. The Quad partnership was established in 2020 between the United States, India, Japan and Australia as a global force for good, including working together to help partners address pandemics and disease. During a September 21 Quad Summit, leaders agreed to coordinate efforts to promote equitable access to safe, effective, quality-assured mpox vaccines, including where appropriate expanding vaccine manufacturing in low and middle-income countries.
    Coalition for Epidemic Preparedness Innovations (CEPI). CEPI is working to accelerate the development of life-saving vaccines against emerging disease threats, and to transform capability for rapid countermeasure development in response to future threats.To date, the U.S. Government has invested $117 million through CEPI to accelerated the development of vaccines and other biologic countermeasures against epidemic and pandemic threats. CEPI has funded two scientific studies in Africa (the DRC and Uganda) focused on the JYNNEOS vaccine; it has also supported early clinical development of BioNTech’s next-generation mRNA-based pox vaccine and providing funding to support Bavarian Nordic’s MVA-BN® mpox vaccine clinical trials in DRC, Uganda, and Nigeria through the SMART trial.
    The Global Fund to Fight AIDS, Tuberculosis and Malaria. The Global Fund is working to defeat HIV, TB and malaria and ensure a healthier, safer, more equitable future for all. The U.S. is the largest donor to The Global Fund, and President Biden led the largest Global Fund replenishment ever in 2022. In August 2024, in response to the evolving mpox outbreak, the Global Fund quickly pivoted to update its guidance in order to direct grant funds to help eligible countries to prevent, detect, and respond to mpox outbreaks. Earlier this month, Global Fund committed an additional $9.5 million to support DRC’s mpox response.
    UNICEF. As the lead UN agency for children, UNICEF works in over 190 countries to save children’s lives and to support health and development. To date, the U.S. has provided UNICEF with more than $1.4 million to support clade I mpox preparedness and response activities in DRC, Burundi, and the Republic of Congo. UNICEF supports risk communication and community engagement, clinical services, psychosocial support, and coordination.
    United Nations High Commission for Refugees (UNHCR). As the lead UN agency for refugees, UNHCR provides vital protection and assistance to refugees, asylum-seekers, internally displaced and stateless people. Through UNHCR, the United States has provided nearly $9 million in humanitarian assistance this year to address urgent mpox-related needs among refugees, internally-displaced persons, host communities and other vulnerable populations in 14 countries throughout Africa.
    International Federation of Red Cross and Red Crescent Societies (IFRC). IFRC is the world’s largest humanitarian network working in more than 190 countries through a network of more than 16 million volunteers. To date, the U.S. Government has provided IFRC with $800,000 to support clade I mpox preparedness and response activities in DRC. IFRC supports risk communication and community engagement, clinical services, psychosocial support, and coordination.
    EXPANDING HEALTH EMERGENCY FINANCING
    In addition to ongoing bilateral and multilateral support to build stronger health systems, respond to ongoing health challenges, and pivot to address the current mpox crisis, the United States supports expanded sources of financing for response to health emergencies. Many of these have been developed and launched since the COVID-19 pandemic to address gaps identified through that response.
    The Pandemic Fund. As the only multilateral fund fully focused on prevention and preparedness, the Pandemic Fund has a critical role to play in building capacity to end the current outbreak and prevent the next one. The Pandemic Fund has taken quick action to support mpox preparedness efforts, approving $129 million to support 10 countries impacted by the disease to strengthen laboratory, surveillance, and human resources capacities. The selected projects meet needs articulated in the joint WHO-Africa CDC Mpox Continental Preparedness and Response Plan for Africa. The awards will be implemented over multiple years enabling an effective transition from crisis to long term preparedness. To continue its critical work, the Pandemic Fund is engaged in a concurrent resource mobilization round, with the goal of raising at least $2 billion in new funding through 2026. The United States has committed to provide up to $667 million, subject to Congressional appropriations and the availability of funds.
    Gavi’s Day Zero Financing Facility. The United States has supported Gavi, the Vaccine Alliance in establishing the Day Zero Financing Facility, a suite of tools that will mobilize, for example, up to $2 billion in risk-tolerant surge and contingent capital to enable Gavi to quickly meet the demand for vaccines in a pandemic.
    U.S. Development Finance Corporation (DFC) Health Emergency Financing: The DFC finances private-sector led solutions to health services, supply chain, and technology challenges in low- and middle-income countries. These solutions improve health system resilience and pandemic preparedness through: 1) a $1 billion-dollar rapid financing facility applicable to a full spectrum of vaccines (COVID-19, childhood vaccine-preventable diseases, and future outbreaks); 2) investments in regional, Africa-based vaccine manufacturing, including Aspen Pharmacare (South Africa) and Institute Pasteur de Dakar (Senegal); and 3) a G7 Surge Financing Initiative for Medical Countermeasures that supports Gavi and regional vaccine manufacturers.
    Multilateral development bank (MDB) evolution. MDBs have a key role to play in helping countries address global challenges, such as climate change, pandemics, and fragility and conflict. The United States is working with other shareholders to evolve the visions, incentive structures, operational approaches, and financial capacity of the MDBs to equip these institutions to respond to global challenges with sufficient speed and scale. The United States is pleased to see the close coordination between the World Bank, IMF, and regional development banks with WHO and affected countries on how to best utilize or reprogram resources to aid the mpox response.
    —-
    To learn more about mpox, its signs and symptoms, vaccines, prevention, and treatments, please visit the U.S. CDC website.

    MIL OSI USA News –

  • MIL-OSI USA: Department of Defense Awards $16.2 Million to Establish Comprehensive Domestic Tin Processing for National Hardware

    Source: United States Department of Defense

    The Department of Defense announced today a $16.2 million award via the Defense Production Act Investment (DPAI) program to Nathan Trotter & Co., Inc. (Nathan Trotter) to establish a domestic facility to build comprehensive capacity for the smelting, refining, and recycling of tin in Coatesville, Pennsylvania.

    Tin is indispensable to many defense applications, such as soldering to enable electrical connections in semiconductors, high-end capacitors, and other electronic components in nearly all military hardware and essential civilian infrastructure. Nathan Trotter will design the facility so that, in time, it can be readily expanded to produce an even higher proportion of the U.S. annual tin requirement.

    “Tin refinement and processing capacity is essential for both defense and commercial aviation and microelectronics,” said Dr. Laura Taylor-Kale, Assistant Secretary of Defense for Industrial Base Policy (ASD(IBP)). “This first Defense Production Act investment in the tin industrial base will directly counter the United States’ reliance on foreign tin refiners and reduce supply chain vulnerabilities.”

    “Establishing this comprehensive tin processing facility will help secure the continuous flow of primary tin materials from friendly sources, countering Chinese efforts to monopolize the global supply, as well as mitigate smelting supply chain vulnerabilities,” added Mr. Anthony Di Stasio, Director of the Manufacturing Capability Expansion and Investment Prioritization (MCEIP) directorate within OASD(IBP). “In addition, this facility will enhance recycling to ensure tin remains onshore.”

    This is the latest of 59 awards made by the DPAI program across multiple areas totaling $589 million since the beginning of fiscal year 2024. This effort supports the National Defense Industrial Strategy’s priority to expand support for domestic production of critical minerals.

    For more information on MCEIP, please visit: https://www.businessdefense.gov/ibr/mceip/index.html

    About the Office of the Assistant Secretary of Defense for Industrial Base Policy (OASD(IBP))
    The OASD(IBP) works with domestic and international partners to forge and sustain a robust, secure, and resilient industrial base enabling the warfighter, now and in the future.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: City to stage landmark climate action concerts

    Source: City of Liverpool

    Liverpool is to host a landmark series of concerts in celebration of being named the world’s first ‘UN Accelerator City’ for climate action.

    ‘Act 1.5 presents…’ will see a weekend of live music and events, from 28th – 30th November, at Liverpool’s M&S Bank Arena, featuring Massive Attack, IDLES and Nile Rodgers.

    This unique series of shows are being staged to mark today’s announcement at UN Headquarters in New York that Liverpool is the world’s first ‘UN Accelerator City’ for climate action.

    This accolade recognises the city’s commitment to technical innovation and smart regulation to rapidly decarbonise the live music and TV/Film production sectors.

    Building on the methods first trialled in Bristol, and continuing their partnership with clean energy provider Ecotricity, ‘Act 1.5 presents…’ will test, operate & adapt a range of measures to dramatically reduce the level of carbon emissions & air pollution that would usually be produced at an event of this scale.

    These include:

    – A localised presale period for anyone living in the Liverpool City Region from 12.00 Wednesday 25th September.

    – An entire event site powered entirely by 100% renewable energy.

    – A public transport incentive initiative in partnership with Merseytravel, Avanti West Coast and Trans Pennine Express that will generate a vital reduction in audience travel emissions (where up to 80% of emissions for major live music events are generated)

    – A meat free arena

    – 100% zero to landfill waste removal

    – “Plug & Play” Single Technical set Up shared by each act

    – Show to end earlier than standard at 22:00 to allow audiences to use public transport to get home

    Robert Del Naja of 3D – Massive Attack, said: “Our recent Bristol show demonstrated beyond question that major live music events can be Paris 1.5 compatible, and that audiences will embrace change enthusiastically.

    “The vast scope of work in Liverpool and UN recognition means we can now concentrate more dynamic pilots and experiments to rapidly phase out fossil fuels. This idea and this insistence are not going back in any box. We’re delighted to see artists like Coldplay testing elements like localised ticket pre-sales as recommended in the Tyndall Centre Paris 1.5 decarbonisation road map and encourage other artists to do so freely. The talking stage is over, it’s time to act.”

    Nile Rodgers said: “Some of the greatest CHIC shows have taken place in Liverpool so I’m thrilled that we are bringing our funk back to the city. We love the people and it’s always a night to remember. However, the circumstances this time are special, as we’re joining forces with our friends in Massive Attack to launch Liverpool’s UN climate action programme across music and film.

    “Our We Are Family Foundation community of global youth changemakers have been sounding the alarm and working in the climate change space for years, as have Massive Attack, and now it’s time for all of the music and film communities to get onboard. Yes, we’re going to have a party at Liverpool Arena, but we’re also going to act!”

    Ticketing

    We know that the majority of both carbon emissions and air pollution for major live events comes from how the audience travel. To try and tackle this issue, tickets for this unique event will be released in two blocks.

    The first block release will be available to those that live in the Liverpool City Region, with an exclusive 48-hour regional presale taking place between 12:00 on Wednesday 25th September and 12:00 on Friday 27 September.

    For these ticket buyers, an additional small but fixed fee will be added to your gig ticket to cover your public transport to the event. This will mean that on the day of your show, you can enjoy unlimited travel on any train, any bus or any ferry on the Merseytravel network – all day – getting you to and from the show.

    It’s estimated that 500 cars = 1 train so this unique TAG ticket (Travel and Gig) is a vital part of the experimental nature of these shows: participating in this experiment will keep Merseyside air cleaner for the people that live here, and significantly draw down dangerous greenhouse gases.

    If you live within the Liverpool City region, then get tickets here: https://www.mandsbankarena.com/act-1-5-presents/

    In the second block release of tickets, all fans will be able to purchase tickets from 12.00 on Friday 27th September. Offers and incentives on public transport from outside the region – especially rail travel – will be shared with buyers via their ticketing agent.

    For general sales (opening at 12:00 on Friday 27th) please visit: https://tix.to/ACT1.5PRESENTS

    MIL OSI United Kingdom –

  • MIL-OSI USA: Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility

    Source: US State of North Carolina

    Headline: Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility

    Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility
    mseets

    Reckitt*, a global leader in health, hygiene and nutrition, will establish a major production plant in Wilson County to produce the over-the-counter medicine Mucinex, creating 289 jobs, Governor Roy Cooper announced today. The company will invest $145.59 million in Wilson.

    “North Carolina continues to attract the world’s most well-known life science companies that are working to keep people healthy,” said Governor Cooper. “Communities like Wilson and all across our state provide skilled biotech workers through our training systems that are important to companies like Reckitt.”

    For more than 200 years, Reckitt has been the company behind some of the world’s most recognizable and trusted consumer brands, including Airborne®, Biofreeze®, Finish®, Lysol®, Mucinex®, and more. These brands have been used by consumers for generations and are familiar staples in households around the world. Every day, around 30 million Reckitt products are purchased globally. The company’s new Wilson project will allow the company to expand its production capacity and localize Mucinex production. In addition to management and administrative functions, the Wilson facility is expected to include quality assurance and quality control, engineering, and general manufacturing roles.

    “With its prominence as a life science innovation hub, North Carolina is an ideal place for Reckitt to establish its U.S. regional manufacturing center,” said Kris Licht, CEO of Reckitt. “This strategic, onshoring investment will build resiliency and agility in our supply chain and further drives our mission to create a healthier world by increasing access to important medicines.”

    “As a native of eastern North Carolina and a former life science executive, it’s been so exciting to see the growth of this industry in Wilson and North Carolina’s BioPharma Crescent region,” said Commerce Secretary Machelle Baker Sanders. “Mucinex is a trusted household brand and I’m proud to welcome Reckitt to North Carolina as the company expands its capabilities in the United States.”

    The North Carolina Department of Commerce led the state’s support for the company during its site evaluation and decision-making process.

    Although wages will vary depending on the position, the average salary for the new positions will be $80,182, which is higher than the current average wage in Wilson County of $52,619. The new positions will bring an annual payroll impact to the community of more than $23 million per year.

    Reckitt’s project in North Carolina, formally being granted to company subsidiary RB Health Manufacturing (US) LLC, will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $1.9 billion. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $4,606,000, spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets.

    The project’s projected return on investment of public dollars is 317 per cent, meaning for every dollar of potential cost, the state receives $4.17 in state revenue. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.

    “Wilson is a vital center for North Carolina’s renowned biotech and life science industry, and we’re proud that Reckitt has chosen Wilson and the BioPharma Crescent for their new facility,” said N.C. Senator Buck Newton. “Our workforce and investment in the Biologics Training Facility make Wilson the perfect location for these high-tech companies and their high salary jobs.”

    “With today’s decision, economic development leaders at the local, regional, and state level show once again how persistence and collaboration among many organizations can bring great companies to our region,” said N.C. Representative Ken Fontenot. “We look forward to helping Reckitt put down roots and grow in North Carolina.”

    Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Biotechnology Center, N.C. Commerce’s Division of Workforce Solutions, the City of Wilson, Wilson County, and the Wilson Economic Development Council.

    *Reckitt is the trade name of the Reckitt Benckiser group of companies.

    ###

    Sep 24, 2024

    MIL OSI USA News –

  • MIL-OSI USA: Huffman, Obernolte Introduce Bipartisan Legislation to Increase Wildfire Resiliency

    Source: United States House of Representatives – Congressman Jared Huffman Representing the 2nd District of California

    September 24, 2024

    Washington, D.C. – Today, U.S. Representatives Jared Huffman (D-CA-02) and Jay Obernolte (R-CA) introduced the Community Protection and Wildfire Resilience Act to help local communities defend themselves from the growing danger of wildfires. This bill will empower communities to implement science-based methods for mitigating wildfire damage and provide funding to design and implement new Community Protection and Wildfire Resilience Plans with community members, first responders, and relevant state agencies.

    “As our country grapples with the climate crisis, catastrophic wildfires have become an existential threat to the safety of our communities. California has been on the frontlines – with five of the six largest fires in the state’s history occurring in 2020 alone. The government should treat these natural disasters the same way as any other, providing resources and empowering communities to build resiliency,” said Representative Huffman. “My legislation builds on the investments we made last Congress so we can prepare our communities for worst-case scenarios while working to address the build-up of issues that make wildfires so much more destructive than ever before.”

    “Wildfires are becoming increasingly frequent and have devastated millions of acres across the West, endangering lives, property, and critical infrastructure,” said Representative Jay Obernolte. “Our local communities are best positioned to understand their own needs and challenges, and the Community Protection and Wildfire Resilience Act empowers them to take a proactive and coordinated approach to wildfire protection.”

    Provisions from Rep. Huffman’s bill, formerly known as the Wildfire Defense Act, were included in President Joe Biden’s Bipartisan Infrastructure Law. This included the Community Wildfire Defense Grant program, which helps communities, tribes, non-profit organizations, state forestry agencies, and Alaska Native corporations plan for and mitigate wildfire risks as the nation faces an ongoing wildfire crisis. USDA’s Forest Service worked with states and tribes through an interagency workgroup to develop the Community Wildfire Defense Grant program, originally announced in June of 2022. Grant proposals underwent a competitive selection process that included review panels made up of state forestry agencies and tribal representatives.

    Today’s bill builds on this success and goes even further by designating a targeted, specific grant program for home hardening within the Federal Emergency Management Agency (FEMA) and adds home hardening as an allowable project under the USFS program.

    “The Community Protection and Wildfire Resilience Act will promote community resilience in the places most at-risk from wildfire. We are pleased to see Representative Huffman and Senator Harris take decisive action to address the challenges posed by climate change and fire management. We hope other members of Congress will follow their lead,” said Ryan Henson, Policy Director for the CalWild.

    “Climate change is exacerbating wildfires, and we need to protect homes, families, and communities across the country,” said Earthjustice Senior Legislative Representative, Blaine Miller-McFeeley. “This legislation understands that mitigating wildfire risks must be grounded in the soundest science-based methods available while providing impacted communities with the resources they need to prepare for wildfire threats. In the face of worsening wildfires, we thank Rep. Huffman for making investments in community resiliency efforts.” 

    “The Community Protection and Wildfire Resilience Act is common sense legislation that encourages communities to work together to reduce wildfire risk near homes and communities.  In particular, prioritizing wildfire risk reduction that utilizes local workers and contractors will ensure that the economic benefits of resilience treatments flow to local communities, resulting in a win-win for people and the forest.”  Susan Jane Brown, Principal, Silvix Resources.

    Anna Medema, Associate Director of Legislative and Administrative Advocacy, Forests and Public Lands at Sierra Club said, “With the effects of the climate crisis only becoming more serious, it’s vital that we create and support fire-smart communities. From education and funding to community-scale planning, we need to make sure that the most at-risk places have the resources to help. The Community Protection and Wildfire Resilience Act will go a long way towards making our communities safer and protecting first responders.”

    “This bill would help communities adapt to extreme wildfire, a crisis supercharged by climate change,” said Bart Johnsen-Harris, Director of Federal Climate Change Policy at Trust for Public Land. “We applaud Congressman Huffman’s focus on bolstering resilience, which is critical to protecting people’s lives, their homes, businesses and communities.”

    “We thank Representative Huffman for this science-based bill that far surpasses others relying on the simplistic and false notion that logging our nation’s forests is the answer to managing wildfire,” said Robert Dewey, Vice President of Government Relations at Defenders of Wildlife. “Supporting healthy biodiverse ecosystems is the best way to increase our nation’s resiliency against the climate crisis and uncharacteristic wildfires.” 

    “The Community Protection and Wildfire Resilience Act embodies the crucial shift our agencies must take—moving from broad, misguided forest management strategies deep in the wildlands to a focus on defending communities and safeguarding lives. True wildfire preparedness starts with protecting homes, infrastructure, and the people who live there, not with logging far-off forests. This is the science-backed approach that saves lives and homes by emphasizing defensible space, home hardening, early detection, and community-driven planning,” said Jennifer Mamola, Advocacy and Policy Director for John Muir Project of Earth Island Institute 

    Specifically, the bipartisan Community Protection and Wildfire Resilience Act will invest $1 billion per year to:

    • Establish guidelines for communities to conceptualize new Community Protection and Wildfire Resilience Plans (CPWRP) that are developed in coordination with community members, first responders, and relevant state agencies. CPWRPs will focus on implementing strategies and activities relating to:
      • Improving early detection technology, public outreach and education, alerts and warnings, evacuation planning, evacuation execution, and access for first responders
      • Addressing vulnerable populations, including the elderly and those with disabilities
      • Hardening critical infrastructure and homes
      • Applying community-scale defensible space across contiguous areas
      • Building local capacity to implement and oversee the plan
      • Deploying distributed energy resources like microgrids with battery storage
      • Implementing strategic land use planning
      • Educating community members
      • Coordinating with existing wildfire plans like a Community Wildfire Protection Plan.
    • Provide grants of up to $250,000 to develop a CPWRP and grants of up to $10 million to implement a CPWRP
      • Grants will be prioritized for low-income communities that are at high risk for fire or wildfire and communities recently impacted by a major wildfire.
    • Complete a report on all federal authorities and programs to protect communities from wildfires. 
    • Study how a CPWRP could be used as certification for insurance companies assessing community resilience.
    • Continuously update wildfire hazard maps.
    • Assess impediments to emergency radio communications across departments and agencies.
    • Allow for structure hardening to be covered under existing community wildfire protection programs.

    The bill is endorsed by Earthjustice, Sierra Club, League of Conservation Voters, Silvix Resources, Defenders of Wildlife, Trust for Public Land, Natural Resources Defense Council, John Muir Project of Earth Island Institute, Wild Heritage, Unite the Parks, Alliance for the Wild Rockies, Feather River Action!, Forests Forever, Climate Communications Coalition, Heartwood, Tahoe Forests Matter, Eco-Integrity Alliance, Friends of the Clearwater, and Sonoma County Climate Activist Network (SoCoCAN!, a network of 50+ Sonoma County climate groups and over 300 individuals).

    Additional Resources

    ###

    MIL OSI USA News –

  • MIL-OSI: Albion Development VCT PLC: Half-yearly Financial Report

    Source: GlobeNewswire (MIL-OSI)

    Albion Development VCT PLC
    LEI Number : 213800FDDMBD9QLHLB38
    24 September 2024

    Albion Development VCT PLC (the “Company”)

    Half-yearly Financial Report for the six months to 30 June 2024

    Results announcement
    The Company’s Directors are pleased to attach the Company’s Half-yearly Financial Report for the six months to 30 June 2024.  The highlights include:

    • Total return of 9.50 pence per share (10.7% on opening Net asset value) (30 June 2023: 5.15 pence per share)
    • Net asset value of 95.91 pence per share (31 December 2023: 88.70 pence per share)
    • £142.8 million fund size (31 December 2023: £119.6 million)
    • Dividend paid of 2.22 pence per share in the period (30 June 2023: 2.22 pence per share)
    • Sale of Egress after the period end, returning over 7 times cost.

    The Board has declared a second dividend of 2.40 pence per Ordinary share to be paid on 30 September 2024 to shareholders on the register on 13 September 2024. The Board has also declared a special dividend of 3.00 pence per share, payable on 25 October 2024 to shareholders on the register on 4 October 2024.

    The Half-yearly Financial Report for the six months to 30 June 2024 is attached to this announcement. Alternatively, copies are available on the Company’s webpage on the Manager’s website at:

    www.albion.capital/AADV30Jun2024

    For further details about the Company please either visit the Company’s webpage on the Manager’s website:
    www.albion.capital/vct-funds/AADV

    or contact:

    Vikash Hansrani
    Operations Partner
    Albion Capital Group LLP
    Telephone: 020 7601 1850

    Attachment

    The MIL Network –

  • MIL-OSI: GL Automates T1, E1 and Datacom Testing with Python Scripting Support

    Source: GlobeNewswire (MIL-OSI)

    GAITHERSBURG, Md., Sept. 24, 2024 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom test and measurement solutions, addressed the press regarding their tProbe™, an advanced tool for T1, E1 and Datacom testing. Automation has become essential for running repetitive and complex testing scenarios. The tProbe™ supports Python scripting, and GL provides sample scripts to assist the user. This allows smooth, automated workflows that save time and reduce errors.

    [For illustration, refer to https://www.gl.com/images/Newsletter/tprobe-with-python-client.jpg]

    Vijay Kulkarni, CEO of GL Communications, states, “GL’s tProbe™ T1 E1 Datacom analyzer is a versatile platform for generating, receiving, and monitoring traffic on legacy networks. It supports various test traffic including bit error rate testing, tones, digits and audio files. Additionally, it can emulate telecom protocols such as SS7, CAS, and ISDN. The tProbe™ connects to a host Windows® PC via USB, and its accompanying software features an intuitive graphical user interface. Users can easily configure tests, visualize data and export reports.”

    The tProbe™ Datacom Analyzer is designed for the installation, verification, and maintenance of Datacom equipment. With a software-selectable interface, it emulates both Data Terminal Equipment (DTE) and Data Communications Equipment (DCE), monitors Datacom lines, and supports both synchronous (sync) and asynchronous (async) modes of operation.

    GL’s Windows Client/Server (WCS) software enables users to perform remote operations, automate tasks, and connect to multiple tProbe™ devices. The Windows Client Python Module (WCPM) provides a Python interface for WCS, allowing Python programs to connect to one or more WCS instances, execute commands, and receive responses.

    The Python client connects to multiple WCS, controlling tProbe™ devices across locations via TCP/IP. This enables easy end-to-end testing with live analysis and visualization. GL offers sample Python scripts, a comprehensive Application Programming Interface manual, and provides support for debugging customer scripts via email or interactive sessions.

    [For more information, refer to Python Sample Script and Bit Error Rate Test Results]

    Key features of the tProbe™ T1 E1 Datacom Analyzer include:

    • Python scripting support on both Windows® and Linux® operating systems
    • Framed and unframed transmission/reception of T1 E1 signals
    • Intrusive/non-intrusive T1 E1 testing
    • Protocol emulation including ISDN, CAS and SS7
    • Monitoring and testing of multiple site locations from a single client
    • Shared use of tProbe™ devices from multiple client locations
    • Integration of T1 E1 testing into more complex testing systems
    • Allows full control of DTE/DCE configurations for flexible testing on Datacom networks
    • Run Bit Error Rate Tests on DTE/DCE Interface
    • Supports DTE/DCE emulation for comprehensive end-to-end testing and bidirectional monitoring for enhanced troubleshooting of data networks

    About GL Communications Inc.,

    GL Communications is a global provider of telecom test and measurement solutions. GL’s solutions are used to verify the quality and reliability of Wireless (Satcom, 5G, 4G, 3G, 2G), SONET/SDH, Ethernet/IP, TDM, and PSTN networks.

    Warm Regards,

    Vikram Kulkarni, PhD

    Phone: 301-670-4784 x114

    Email: info@gl.com

    The MIL Network –

  • MIL-OSI: The Miller Group Awards Rudy R. Miller Business – Finance Scholarship to Two Arizona State University Seniors

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., Sept. 24, 2024 (GLOBE NEWSWIRE) — The Miller Group (TMG) announced it has awarded its 2024 Rudy R. Miller Business – Finance Scholarship (RRM Scholarship) to Arizona State University (ASU), W. P. Carey School of Business students Maxwell Fields and Ilya Illiashenko. Mr. Fields is pursuing a Bachelor of Science degree in Finance, a minor in Economics, and a Certificate in Applied Business Data Analytics. Mr. Illiashenko is pursuing Bachelor of Science degrees in Finance and Supply Chain Management.

    Mr. Fields has strong leadership skills and a passion for investment management. He co-founded and serves as vice president of the Financial Literacy and Market Economics Club at ASU. He is vice president of Sigma Nu, a leadership-focused non-profit fraternity and through multiple internships in the investment and financial industry, he gained valuable hands-on knowledge and he plans to enter the investment management sector upon graduation.

    Mr. Illiashenko serves as an associate for the Symposium Planning Committee for Scholars of Finance at ASU. His internships have included finance, investment, and real estate finance. At Teach for America, he led an SAT bootcamp for high school juniors from an underserved community achieving a 50% improvement in student engagement and a 30% increase in academic performance through data-driven strategies. Witnessing his mother’s lifelong dedication to reforming Ukraine’s healthcare system instilled a desire to address societal challenges and uplift communities. Mr. Illiashenko’s ultimate goal is to contribute to his home country of Ukraine’s development, fostering integrity, transparency, and a robust financial and healthcare landscape. He strives to bridge the gap between academic pursuits and real-world impact in Ukraine.

    Mr. Miller, Chairman, President and Chief Executive Officer of TMG and affiliated entities, stated, “Our firm had a difficult time selecting one scholarship recipient this year due to the exceptional quality of applicants. We decided to select two superb students as co-recipients for our 2024 award. These two applicants stood out to me not only for their academic achievements, but also for their efforts outside of the university. We are honored to assist both recipients financially and with future individual mentoring and guidance by me.”

    “Ilya Illiashenko and Maxwell Fields are excellent candidates for the Rudy R. Miller Business – Finance Scholarship. In addition to their outstanding academic records, both candidates are notable leaders in a number of campus and community-based initiatives. I want to thank Rudy Miller for his continued recognition and financial support of academically accomplished student leaders like Maxwell and Ilya” remarked Laura Lindsey, Department of Finance Chair and the Cutler Family Endowed Professor, W. P. Carey School of Business, Arizona State University.

    About Rudy R. Miller

    Mr. Rudy R. Miller, a former member of the U.S. Armed Forces, is an entrepreneur, philanthropist, and investor in numerous industries. Mr. Miller is Chairman, President, and CEO of Miller Capital Corporation, an affiliate of The Miller Group of entities; for more information, including Mr. Miller’s biography, visit www.themillergroup.net.

    Mr. Miller instituted the annual Rudy R. Miller Business – Finance Scholarship Program in 2008 to support Arizona State University, W. P. Carey School of Business. Since inception, Mr. Miller has issued three additional ASU scholarships, not included in the annual award process, totaling 23 ASU scholarships to date. Mr. Miller had the honor to serve as a member of ASU’s Dean’s Council of 100, a national group of prominent business executives invited by the Dean to play a leadership role in shaping the future of the W. P. Carey School of Business.

    In 2023, Mr. Miller was selected by Embry-Riddle Aeronautical University to join two influential advisory boards for both the College of Aviation and the College of Business, Security and Intelligence. In addition to joining the advisory boards at Embry-Riddle, he established scholarships for students at both colleges and set up a fund to support simulator training to improve commercial pilot safety, the Rudy R. Miller Instrument Safety Currency Program (ISCP).

    His philanthropic endeavors include support for the non-profit arts community, selective universities, athletic foundations, and veterans’ projects. He is a member-sponsor of the Army Historical Foundation and the National Museum of the U.S. Army located at Fort Belvoir, VA. He served as Chairman of the Advisory Board of Thunderbird Field II Veterans Memorial, Inc. (Tbird2), an organization that honors veterans, from 2018 until March 2024. Mr. Miller developed its aviation scholarship program and process in 2018 and served as the first Chairman of the Scholarship Committee until June 2023. Tbird2 offers scholarships at six colleges, for both veteran and non-veteran students, including two 4-year universities, Embry-Riddle Aeronautical University and Arizona State University, Ira A. Fulton Schools of Engineering.

    About The Miller Group

    MILLER, established in 1972 and headquartered in Scottsdale, Arizona, is comprised of several affiliated companies including Miller Capital Corporation, Miller Investments, Inc., and Miller Management Corporation. The Miller Group offers a broad range of services including venture capital and private equity investing, debt financing, financial advisory, and management consulting to public and private middle-market companies throughout North America, Europe, and Asia. A select group of current and past clients include: America West Airlines®, Bowlin Travel Centers, Inc.®, Capital Title Group, Inc., DELSTAR Companies, Inc., Legal Broadcast Network, LLC, Magma®, McMurry, Inc., Ritz Carlton Magazine®, Sequence Media Group, ServRx, Inc., Sunshine Minting, Inc.®, Telgian Holdings, Inc.®, and US Air Express.

    Official photographer for The Miller Group and its affiliated entities – Gordon Murray, 480 205-9691 (www.flashpv.com)

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/13c9e3e2-5ff6-45f6-8737-2e053c545299

    The MIL Network –

  • MIL-OSI: Solutions30 and Connected Kerb Partner to Accelerate Electric Vehicle Charging Network Deployment in the UK

    Source: GlobeNewswire (MIL-OSI)

    Solutions30, a leading provider of solutions for new digital technologies, and Connected Kerb, one of the largest UK’s public charging operators, announce a strategic partnership to deploy electric vehicle charging (EVC) network in the South East of United Kingdom.

    Through this multiyear, multimillion pound framework contract, Solutions30 is responsible for installing thousands of fast charging points (up to 22kW) across the region. The contract covers the survey and design works, the electrical installation of charging points and their connection to the grid, for both AC and DC charging points. It will make it possible to meet a wide range of charging needs for all vehicle types, and give access to charging at a competitive price for electric car drivers.

    By leveraging Solutions30’s expertise, the partnership aims to accelerate new charging point building, optimize investments, and speed up connection times. This will help local authorities meet their network roll-out targets, particularly in underserved areas. The collaboration addresses a critical need for an extensive public infrastructure in the UK, where almost half of all homes do not have a car park to install private chargers.

    David Tong, CEO at Solutions30 UK, commented on the partnership: “We are thrilled to join forces with Connected Kerb in this pivotal project. Our expertise in designing and delivering EVC infrastructure, combined with our power networks and grid connection capabilities, will be a decisive factor in enabling Connected Kerb to achieve its ambitious goals. On our side, this partnership aligns perfectly with our strategy to be at the forefront of delivering key technologies and services in the UK.”

    Chris Matthews Chief Delivery Officer at Connected Kerb UK adds: “Our partnership with Solutions30 marks a significant step in accelerating the rollout of a network of charging stations across the UK. Their comprehensive expertise aligns perfectly with our mission to make EVC available to all. Together, we’re helping to build a cleaner, more sustainable future of transportation, while addressing the specific requirements of the UK market.”

    About Solutions30 SE
    The Solutions30 group is the European leader in solutions for new technologies. Its mission is to make the technological developments that are transforming our daily lives accessible to everyone, individuals and businesses alike. Yesterday, it was computers and the Internet. Today, it’s digital technology. Tomorrow, it will be technologies that make the world even more interconnected in real time. With more than 50 million call-outs carried out since it was founded and a network of more than 15,000 local technicians, Solutions30 currently covers all of France, Italy, Germany, the Netherlands, Belgium, Luxembourg, the Iberian Peninsula, the United Kingdom, and Poland. The share capital of Solutions 30 SE consists of 107,127,984 shares, equal to the number of theoretical votes that can be exercised.

    Solutions30 SE is listed on the Euronext Paris exchange (ISIN FR0013379484- code S30). Indexes: CAC Mid & Small | CAC Small | CAC Technology | Euro Stoxx Total Market Technology | Euronext Tech Croissance.
    Visit our website for more information: https://solutions30.com/

    About Connected Kerb
    Connected Kerb is one of the UK’s leading electric vehicle charging companies, on a mission to change the world for good – one charger at a time.
    Its aim is to make EVC inclusive, convenient, and reliable for everyone. The company delivers on-street community EVC and works with local authorities to support residents that are unable to charge at home. Connected Kerb also installs future-proof EV charging infrastructure at workplaces, retail destinations, car parks, commercial real-estate, and for residential developers.

    As smart cities of the future develop, Connected Kerb’s charge points support Internet of Things (IoT) and other future technologies designed to have a positive impact on people and the planet. The company is committed to the future of sustainable mobility and aims to ensure that no one in the UK lives further than a five-minute walk from a charger.

    Contact

    Individual Shareholders:
    Tel: +33 1 86 86 00 63 – shareholders@solutions30.com

    Investor relations : investor.relations@solutions30.com

    Press – Image 7:
    Charlotte Le Barbier – Tel: +33 6 78 37 27 60 – clebarbier@image7.fr

    Attachment

    The MIL Network –

  • MIL-OSI: Sheikh Al Maktoum NEO Technologies Explores Investment Opportunities with Panama

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Sept. 24, 2024 (GLOBE NEWSWIRE) — Sheikh Al Maktoum NEO Technologies hosted a pivotal meeting at its Dubai offices with key officials from the Republic of Panama, signaling a potential new chapter of economic cooperation and investment between the innovative technology firm and the Latin American country.

    The discussions focused on unlocking strategic partnerships that could drive substantial mutual benefits in the sectors of finance, technology, and trade.

    In attendance were H.E. Eduardo Arango, Vice Minister of Domestic Trade of the Republic of Panama, Mr. Mickael Mosse, CEO and Founder of Sheikh Al Maktoum NEO Technologies, and Dr. Munir Ahmad, CEO of the Royal Office of H.H. Sheikh Abdul Hakim Al Maktoum. These influential figures engaged in comprehensive talks aimed at fostering investment ties, particularly in fintech and emerging technologies, where Sheikh Al Maktoum NEO Technologies has established itself as a leading force.

    “We see immense potential in collaborating with Panama, a country that serves as a gateway to the Latin American market,” said Mr. Mickael Mosse. “At Sheikh Al Maktoum NEO Technologies, we are continuously seeking strategic investment opportunities that align with our vision of driving innovation and expanding our global footprint. Panama presents a unique opportunity for us to bring our expertise in blockchain, AI, and digital banking to new markets, enhancing the technological landscape and facilitating stronger economic growth for both parties.”

    H.E. Eduardo Arango echoed this sentiment, emphasizing the mutual benefits of such cooperation. He said: “Panama is eager to explore partnerships that will enhance our financial and technological sectors. Sheikh Al Maktoum NEO Technologies has a proven track record in these fields, and we are excited about the possibilities that this collaboration could bring. This meeting is the first step in creating a framework for long-term investment and economic cooperation between our two entities.”

    One of the core aspects of the discussions revolved around the role of fintech in reshaping international trade and investment flows. Sheikh Al Maktoum NEO Technologies, renowned for its cutting-edge innovations in these areas, is poised to offer Panama access to technological solutions that could streamline trade, improve financial inclusion, and drive economic growth. Both parties explored joint ventures and investment vehicles that could fuel innovation, particularly in sectors like digital banking, cross-border payment systems, and sustainable technology infrastructure.

    Dr. Munir Ahmad underscored the importance of building sustainable and forward-looking investment partnerships. He said: “The exchange of ideas and expertise between Sheikh Al Maktoum NEO Technologies and Panama is key to realizing impactful growth. We are not just looking at immediate gains, but how we can co-create long-term value through collaborative projects that will benefit the economies and technological advancements in both regions.”

    The meeting on 23 September 2024 sets the stage for a future of heightened cooperation, with Sheikh Al Maktoum NEO Technologies eyeing Panama as a strategic partner in its broader global expansion strategy. By leveraging Panama’s unique position in Latin America and Sheikh Al Maktoum NEO Technologies’ leadership in fintech, the two sides are laying the foundation for significant investments that could transform the way trade and finance are conducted across borders.

    As discussions progress, the company remains committed to advancing international partnerships that not only bolster its position as a leader in technology but also contribute to economic progress and innovation in the markets it enters.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1397f13f-7b23-479d-b3e3-8de07006080f

    The MIL Network –

  • MIL-OSI: HP Transforms the Future of Work

    Source: GlobeNewswire (MIL-OSI)

    News Highlights:

    • Unleashes flexibility and style for freelancers and creators with HP’s first 2-in-1 next-gen AI PC, the HP OmniBook Ultra Flip
    • Introduces the first HP EliteBook X, the world’s most powerful next-gen AI business notebook1 for tech experts and business consultants, with up to an industry-leading 55 TOPS of NPU performance2
    • Unveils innovative memory architecture that revolutionizes on-device AI, delivering lightning-fast performance for the most complex workflows
    • Redefines workspaces with the industry’s broadest portfolio of AI-enabled multi-camera capable video conferencing solutions3
    • Empowers on-demand performance for data scientists and AI developers with Z by HP Boost, the world’s first workstation solution for on-demand GPU compute, turning the workstation into a shareable resource4         

    PALO ALTO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Today at HP Imagine, HP Inc. (NYSE: HPQ) announced the company’s newest innovations, including next-gen AI PCs, AI-enabled video conferencing solutions, and a scalable GPU performance sharing solution for AI developers – all designed to transform the future of work.

    “HP is deeply ambitious in its commitment to reshape the way people work, fostering growth, nurturing creativity, and unleashing limitless innovation,” said Alex Cho, President of Personal Systems at HP Inc. “We’re bringing AI to life and delivering powerful new experiences through our next-gen AI PCs, advanced audio and video solutions, and innovative AI development platform.”

    Transforming the Way People Work and Play

    AI is transforming the way people feel about work. According to the 2024 HP Work Relationship Index, 68% of knowledge workers believe AI creates new opportunities to enjoy work, and 73% believe AI makes their job easier. Those who use AI are 11-points happier with their relationship with work than their colleagues who don’t. The future of work requires high-performing, AI-powered PCs and solutions that push the limits of what’s possible while freeing up time to focus on what matters.

    Flexible Style and Performance Without Compromise: The OmniBook Ultra Flip

    Designed for freelancers and creators, the HP OmniBook Ultra Flip 14-inch Next-Gen AI PC is HP’s first next-gen AI PC 2-in-1 laptop, offering uncompromising style, performance, and flexibility for those seeking the perfect AI creation experience. The device delivers:

    • Designed to inspire: Create, edit, and sketch on an ultra-thin form factor that easily switches between laptop, tablet, and tent modes. A stunning 3K OLED display offers an immersive visual experience to draw or review creative designs.5 Personalize content generation on the world’s first next-gen AI convertible PC with inking and a haptic touchpad.6 Collaborate with others clearly and crisply with the device’s 9 MP AI camera and Poly Audio.
    • Balanced power and performance: On-the-go creators can confidently create on a device engineered to be cool and quiet – yet performant. The OmniBook Ultra Flip leverages the Intel® Core™ Ultra processor (Series 2)7 with a dedicated AI engine,8 delivering up to 20 hours of battery life (local video playback)9 for a seamless creation experience.
    • Trusted security powered by AI: HP Wolf Security for consumers includes a unique security chip and self-healing PC core for professional-level security, keeping data secure and protecting against cyber-threats.10 McAfee Smart AI™ Deepfake Detector detects AI-generated audio to warn users of potential fraud or misinformation.11
    • Sustainability for today and tomorrow: HP remains committed to reducing environmental impact and optimizing energy efficiency. The OmniBook Ultra Flip is built with 90% recycled metals, 50% post-consumer recycled plastics,12 and an EPEAT® Gold with Climate+ and ENERGY STAR® certified design.13

    Pushing the Envelope for Tech-Forward Leaders: The HP EliteBook X

    Empowering tech experts and business consultants to tackle intense workflows locally and in the cloud, the HP EliteBook X 14-inch Next-Gen AI PC delivers ultimate power, performance, and security so workers can prioritize what they love while AI takes care of the rest. As the first EliteBook X in HP’s Commercial PC lineup, this device unlocks:

    • Turbocharged productivity: For power users requiring high-performance computing for content creation, data analysis, and AI-driven applications, HP developed a memory architecture with an impressive 8000 Mbps on 64 GB of LPDDR5x RAM for high-speed AI processing. The PC also harnesses a next-generation AMD Ryzen™ PRO processor14 enabling up to an industry-leading 55 TOPS of NPU performance for demanding workloads.1 HP Smart Sense paired with 40W Thermal Design Power (TDP) and dual turbo high density fans drive fast responsiveness with cool and quiet performance. 15
    • Intuitive collaboration: Conduct meetings from anywhere and show up authentically with the device’s new AI-enhanced webcam sensor for more accurate presence detection and adaptive dimming. Audio tuning by Poly Studio provides crystal-clear conferencing experiences with AI noise reduction and HP Dynamic Voice Leveling to optimize voice clarity.16
    • Industry-leading protection enhanced by AI: The world’s most secure next-gen AI PC17 and the first next-gen AI PC with quantum hack protection18 protects the most sensitive data without sacrificing performance. Wolf Security offloads processor-intensive security tasks to the NPU to preserve the CPU for all-day productivity. HP’s Endpoint Security Controller19 future-proofs the device against evolving threats, and intentional features are built into the device, including onlooker detection,16 which utilizes an AI-powered webcam sensor to alert users when prying eyes are detected and automatically blur the screen if needed.
    • Sustainable innovations protecting our planet: As part of the world’s most sustainable PC portfolio,20 the device is responsibly crafted with a heat plate made with at least 50% recycled copper21 and bezels containing at least 20% recycled cooking oil.22

    Personalization Built-In: HP AI Companion & Poly Camera Pro

    HP’s next-gen AI PCs are equipped with AI Companion23 and Poly Camera Pro,24 which personalize and optimize a user’s experience for greater productivity and collaboration.

    • Interact intuitively: AI Companion uses generative AI to help people analyze private files and discover information to refine and create content or respond quickly and accurately to key tasks. The Perform assistant helps users optimize PC performance, customize settings, and troubleshoot HP products.
    • Collaborate clearly: Poly Camera Pro utilizes the NPU to power webcam features like Spotlight and Background Blur & Replace to maintain CPU performance more efficiently while preserving battery life.

    Enabling Companies to Build AI

    GPU access is often a scarce resource for a company’s most valuable resource, data scientists and AI developers. As AI workloads grow exponentially, 81% of data scientists believe AI makes their job more fulfilling.25Z by HP Boost solves for scarcity by maximizing GPU utilization to deliver secure, scalable, and on-demand performance to meet rising AI demands, enhance productivity, and accelerate development.

    Z by HP Boost is an industry-first solution that revolutionizes GPU sharing across HP AI workstations:

    • On-demand performance: Delivers instant access to GPU resources, with the flexibility needed to perform complex computations and manage large datasets.
    • Enterprise optimization: Provides companies a more efficient way to allocate and fully utilize its GPU resources, reducing the reliance on costly cloud instances and increasing productivity.

    Both Z by HP Boost and the Z by HP Gen AI Lab solutions further extend HP’s AI creation center as the most comprehensive workstation solution for AI development.26 The Z by HP Gen AI Lab provides a built-in trust layer for large language model (LLM) development to detect and correct bias. With streamlined data management, standardized tools, and integration of trust, HP’s AI creation center maximizes the efficiency and impact of valuable AI.

    Transforming Where People Work

    People work in different places throughout the workday, whether in a meeting room, at the desk, or on the go. 72% of knowledge workers say having access to technology that best suits their work style is important.27 HP offers a range of products and solutions that make it easier for people to be their most collaborative and productive.

    Authentic Connection and Collaboration: Poly Studio Video Bars, Poly VideoOS, and Poly Lens

    HP is expanding AI integration across various room sizes and collaboration setups. Whether small or large rooms, BYOD or appliance-based, Windows or Android, video bar or modular, HP provides multi-camera, AI-driven experiences for genuine connection and improved collaboration.

    HP’s newest additions to the industry’s broadest portfolio of AI-enabled multi-camera capable video conferencing solutions28 include the Poly Studio X32 and Poly Studio X72 all-in-one video bars and Poly Studio V32 and Poly Studio V72 premium USB video bars.

    The latest Poly VideoOS 4.4 software brings new AI capabilities to devices already installed in meeting rooms. With live setup for Poly DirectorAI Perimeter, IT administrators can configure smart camera boundaries in real-time, ensuring that only participants in the meeting space are captured. Poly NoiseBlockAI v2 utilizes machine learning technology and advanced noise filtering to eliminate reverberations caused by glass walls and reflective surfaces. 

    Poly Labs is a new program that provides customers with early access to experimental features. For example, VoiceScoreAI is a program feature that provides an analysis of audio quality in meeting rooms and suggests ways to enhance the overall experience. 

    HP is enhancing its Poly Lens cloud management platform and private cloud infrastructure with more customized and secure options. Poly Lens Premium includes advanced features like Remote Room Control for IT admins to troubleshoot and resolve issues remotely, saving time and assisting users in meeting rooms. Poly CloudConnect for Zoom Rooms offers participants the flexibility to join Microsoft Teams calls from Zoom Rooms with a robust interface, dual monitor support, and content sharing. Poly PrivateConnect Meeting Control offers greater flexibility and configuration options for customers in secure and controlled video environments using the PrivateConnect cloud infrastructure.

    HP is also harnessing its expertise in audio, video, and computing to take video conferencing to the next level to create more meaningful interactions. HP is partnering with Google to bring Project Starline technology to the workplace, delivering a breakthrough communications solution that uses advanced AI and 3D imaging to create an immersive experience that goes beyond traditional video calls. It makes participants feel like they are sitting across the table in the same room. Interested parties can make reservations for priority delivery for the first available units shipping in 2025.

    Personalizing Audio and Visual Experiences

    As AI enables more immersive experiences at home and in the office, the role audio and visual technologies play has never been more important. 70% of Work Relationship Index respondents say it’s important to have access to technology that allows everybody to be seen and heard regardless of where they are.27 And HP’s broad portfolio of audio and visual solutions equip any environment to make work and play more captivating and enjoyable than ever before.

    Versatility Redefined: HyperX Cloud MIX™2

    The HyperX Cloud MIX™2 takes flexibility to the next level with personalized, HyperX Signature Sound. Its over-ear headset design featuring plush memory foam earcups and up to 110 hours of battery life via Bluetooth29 offer all-day comfort and power that’s perfect for gaming on the go, music, or work calls. Hybrid Active Noise Cancellation blocks out distractions, and the Transparency feature keeps users aware of surroundings. Dual wireless options – 2.4GHz USB-C dongle and Bluetooth® 5.3 LE Audio ensure seamless connectivity. Enjoy ultra-low latency for gaming and fast-paced activities, with crystal-clear communication thanks to AI-enhanced microphones.

    Powering Up Productivity: HP Series 5 Pro

    For today’s workers to be successful, the new HP Series 5 Pro Monitors enable productivity for any work environment by providing large canvases for AI workflows and high refresh rates for AI-assisted design and content creation. Featuring eight models ranging in sizes from 23.8 inches to 34 inches, the monitors are the world’s broadest commercial mainstream monitor series with 100W USB-C power delivery.30 The three-sided borderless display with a micro-edge bezel design enables users to seamlessly connect, charge, and power PCs through one USB-C cable for data and video.

    The Series 5 Pro portfolio immerses individuals in their work environment and helps limit distractions with integrated AI noise reduction.17 Collaborate confidently and securely with the integrated Poly Studio 5MP pop-up tiltable webcam, which secures the device easily with the Auto Lock & Awake feature. This capability detects the user’s presence to instantly wake the system and dims or locks the PC when the user walks away.

    Pricing and Availability31

    • The HP OmniBook Ultra Flip 14 Next-Gen AI PC is available now on HP.com starting at $1,449.99.
    • The HP EliteBook X 14-inch Next-Gen AI PC is expected to be available on HP.com in December. Pricing will be announced closer to availability.
    • Z by HP Boost is expected to be available in early 2025 in the US and UK. Pricing will be available to customers closer to availability.
    • Poly Studio X72 is available now for $6,999.
    • Poly Studio V72 is expected to be available in late 2024 for $4,999.
    • Poly Studio X32 is expected to be available in January 2025. Pricing will be available to customers closer to availability.
    • Poly Studio V32 is expected to be available in March 2025. Pricing will be available to customers closer to availability.
    • Poly VideoOS 4.4 is expected to be available in November.
    • Poly Labs is expected to be available in November.
    • Poly Lens Premium is a free trial for all Poly Lens customers and will transition to a paid service in the coming months.
    • Poly CloudConnect for Zoom Rooms is available now.
    • Poly PrivateConnect Meeting Control is expected to be available in November.
    • The HyperX Cloud MIX™2 is expected to be available in late September on HyperX.com for $199.99.
    • Select HP Series 5 Pro Monitors are available now at HP.com for a starting price of $192. The full lineup is expected to be available in November.

    More information on today’s news at HP Imagine can be found here.

    About HP

    HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com.

    1 Based on HP’s internal analysis of next-gen AI business notebooks with a 40-60 TOPS NPU with pre-installed encryption, authentication, malware protection and BIOS-level protection and passing MIL-STD testing. Most powerful based on 55 TOPS NPU and up to 64GB LPDDR5x-8000MT/s memory as of September 2024.
    2 Features and software that require a NPU may require software purchase, subscription or enablement by a software or platform provider, and third-party software may have specific configuration or compatibility requirements. Potential NPU inferencing performance varies by use, configuration, and other factors.​
    3 Based on HP’s internal analysis of video conferencing solutions dedicated to the sole purpose of collaborating with in-room and remote audiences. Video conferencing solutions include modular and video bar room types defined as Bring-your-own-device (BYOD), PC-based with Zoom and Teams certifications, and all-in-one (includes built-in microphones, speakers, camera, and cloud video apps). Sizes are defined as small, medium, and large as advertised. Pending availability of pre-announced products – Poly Studio E360, Poly Studio V72, Poly Studio X32, and Poly Studio V32. Analysis done on 7/31/24.
    4 Based on HP’s internal analysis of OEM branded workstation software that can access a networked workstation GPU directly instead of the entire workstation for processing intense data science GPU enabled workloads. Workstations defined as having a minimum 3 ISV certs, configurable professional graphics, and a dedicated workstation brand as of September 2024.
    5 All performance specifications represent the typical specifications provided by HP’s component manufacturers; actual performance may vary either higher or lower.
    6 HP internal analysis based on all Next Gen AI convertible PCs in the market as of September 2024.
    7 Multi-core is designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology. Performance and clock frequency will vary depending on application workload and your hardware and software configurations. Intel’s numbering is not a measurement of clock speed.
    8 Features and software that require a NPU may require software purchase, subscription or enablement by a software or platform provider, and third-party software may have specific configuration or compatibility requirements. Potential NPU inferencing performance varies by use, configuration, software and other factors.
    9 Battery life tested by HP using continuous FHD video playback, 1080p (1920×1080) resolution, 200 nits brightness, system audio level as image default, player audio level at 100%, played full-screen from local storage, headphone attached or through speaker (if no audio jack port), wireless on but not connected. Actual battery life will vary depending on configuration and maximum capacity will naturally decrease with time and usage.
    10 Based on HP Wolf Security support, which includes a hardened HP BIOS with HP Sure Start and Endpoint Security Controller (ESC). Select capabilities require BIOS configuration.
    11 McAfee Deepfake Detection is offered as a 30-day trial feature in addition to the McAfee pre-installed trial. Account subscription required. Must login to the McAfee app and activate the Deep Fake detection feature by consenting to install a browser extension. After trial expiration customers will have an option to add the Deepfake Detection feature with an in-app toggle at any time.
    12 Laptops manufactured with recycled ocean-bound plastic material in product speaker enclosures, recycled aluminum material in product cover and post-consumer recycled plastic in keycaps. Percentage of material contained in each component varies by product.
    13 See www.epeat.net for registration status and tier levels by country.
    14 Multicore is designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology. Performance and clock frequency will vary depending on application workload and your hardware and software configurations. AMD’s numbering, branding and/or naming is not a measurement of higher performance​.
    15 Smart Sense requires the myHP app and Windows 11 OS. Features may vary by platform.
    16 Requires myHP application and Windows OS.​
    17 Based on HP’s unique and comprehensive security capabilities at no additional cost among next gen AI business PCs with a 40-60 TOPS NPU as of September 2024.
    18 Based on HP’s internal analysis of next gen AI PCs with a 40-60 TOPS NPU with a quantum-resistant cryptographic scheme to protect the integrity of UEFI BIOS firmware as of August 2024.
    19 Requires Windows 10 or higher. For supported HP PCs with the latest HP Endpoint Security Controller (Gen 5), click here.
    20 Applies to HP PCs, Workstations, and Displays manufactured after January 2019. Based on most Gold and Silver (including Climate+) EPEAT® registrations and according to IEEE 1680.1-2018 EPEAT®. Status varies by country. Visit www.epeat.net for more information.
    21 Recycled metal is expressed as a percentage of the total weight of the metal according to ISO 14021 definitions for metal parts over 25 grams. Percent of recycled material varies by product. ​
    22 HP EliteBook X bezel contains at least 20% resin that is partially derived from bio-waste such as used cooking oil. Manufactured according to the mass balance approach. ​
    23 HP AI Companion is available preloaded on select HP next gen AI PCs or is available for download from the Microsoft store and requires a HP next gen AI PC with a NPU supporting 40-60 TOPS and requires Windows 11. Perform requires account setup within 30 days of PC boot or enrollment through the HP AI Companion app. Some features require customer upload of local data. Five (5) library 100MB limit each, supported files may vary at launch include pdf, .txt., .docx files.
    24 Requires Windows OS.
    25AI Trends in Data Science Report. July 2024.
    26 Based on HP’s internal analysis of OEMs for workstations with a minimum 3 ISV certs, configurable professional graphics, and a dedicated workstation brand that designs and develops its own software for AI development, an AI team collaboration tool, data science management software with GUI and offers a workstation OEM curated data science software stack as of Feb 2024.
    272024 HP Work Relationship Index.
    28 Based on HP’s internal analysis of video conferencing solutions dedicated to the sole purpose of collaborating with in-room and remote audiences. Video conferencing solutions include modular and vi
    deo bar room types defined as Bring-your-own-device (BYOD), PC-based with Zoom and Teams certifications, and all-in-one (includes built-in microphones, speakers, camera, and cloud video apps). Sizes are defined as small, medium, and large as advertised. Pending availability of pre-announced products – Poly Studio E360, Poly Studio V72, Poly Studio X32, and Poly Studio V32. Analysis done on 7/31/24.
    29 On a single charge using Bluetooth mode with ANC off. Battery life is an estimate and varies depending on many factors, including number of active, idle and asleep hours of use, number of applications running, environmental conditions and features used; actual battery life will vary with usage and environmental condition. The maximum capacity of battery will naturally decrease with time and usage.
    30 Based on HP’s internal analysis of a commercial mainstream monitor series of two or more monitors with similar features, marketed under the same brand, from the same manufacturer in different sizes between 22″-34″ and an online list price of $150-$800 as of September 2024 with 100W USB-C Power Delivery. Broadest refers to most displays in a series. 100W USB-C power delivery refers to an integrated USB-C port on the monitor that can deliver 100W of power to a connected device and is not branded as Thunderbolt. Commercial mainstream refers to a category of business-class displays in the same size and price range that are marketed for general office or home office use as opposed to gaming, creative or specialist use.
    31 Pricing and availability subject to change without notice.

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/356d94b1-275b-47b6-aac7-296f17c7f856

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0510cad4-fd9a-4cd2-8eb5-b1cc253cac00

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fbcf6100-2690-4ed8-9e7b-81367d06993b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99e0fffe-88e0-49c3-ae23-bc7eb1677981

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d1c4890b-f69f-4f43-8774-b250933e868f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/99db5234-b7b4-4c56-9ab9-f57f800b3cd8

    The MIL Network –

  • MIL-OSI Economics: Regional Symposium and Policy Dialogue on Transforming Education

    Source: Caribbean Development Bank

    The Regional Symposium and Policy Dialogue on Transforming Education will take place from 2-4 October 2024 at the Ritz-Carlton Hotel, Cayman Islands.

    Hosted by the Caribbean Development Bank (CDB) in collaboration with the Caribbean Community (CARICOM), the Organisation of Eastern Caribbean States (OECS) Commission, UNESCO, and UNICEF, this event will bring together over 150 regional leaders, educators, and policymakers for thought-provoking discussions, expert presentations, and collaborative sessions aimed at addressing the most pressing challenges facing the Caribbean education sector.

    Held under the theme “Understanding, Leveraging, and Unlocking Our Full Potential”, the symposium will focus on leadership transformation, revamping teaching and learning methods, and expanding access to quality education. Key areas of focus are:

    1. Inclusive, equitable, safe, and healthy schools
    2. Learning and skills for life, work, and sustainable development
    3. Teachers and the teaching profession
    4. Digital learning and transformation
    5. Financing education

    The agenda will explore decolonising education, AI in education, building a culture of social and emotional learning, and the role of education in creating healthier societies, as well as other pressing issues impacting regional education systems.

    Regional leaders will use these discussions to develop the Agenda for Action, a consensus-driven roadmap for transforming education across the Caribbean.

    MIL OSI Economics –

  • MIL-OSI USA: Read More (Maryland Congressional Delegation Members Press NASA for Answers on OSAM-1 Mission)

    Source: United States House of Representatives – Representative David Trone

    September 19, 2024

    WASHINGTON – This week, U.S. Senators Chris Van Hollen and Ben Cardin and Congressmen Steny H. Hoyer, Dutch Ruppersberger, John Sarbanes, Kweisi Mfume, Jamie Raskin, David Trone, and Glenn Ivey (all D-Md.) wrote to National Aeronautics and Space Administration (NASA) Administrator Bill Nelson, pressing the agency for answers on its decision to cancel the On-Orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1) robotic satellite maintenance mission, even after the lawmakers provided $227 million through fiscal year 2024 appropriations legislation to ensure its launch in 2026. The lawmakers also have been working to secure continued funding in the next fiscal year. The OSAM-1 mission, developed at the NASA Goddard Spaceflight Center in Greenbelt, Maryland, was expected to offer operators new ways to maintain their satellite fleets more efficiently and help mitigate space debris. In their letter, the Maryland Congressional Delegation members ask Administrator Nelson for a detailed accounting of the review process that led to the cancellation as well as the plan to utilize the nearly complete OSAM-1 satellite.

    “As members of the Maryland Delegation, we write to request information regarding NASA’s decision to cancel the On-Orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1) mission on September 4, 2024. OSAM-1 is a space technology mission developed to demonstrate NASA’s capabilities to extend the lifespans of government-owned satellites and other satellites that were not originally built or intended to be serviced in space,” the lawmakers began. “This demonstration intends to show the ability to repair and restore existing satellites, prolong satellite mission life, and pave the way for more sustainable and cost-effective space missions in the future. […] There is currently no existing operation that demonstrates the unique capabilities of this technology within U.S. public or commercial missions.”

    “On February 29, 2024, NASA ordered an orderly shutdown of the OSAM-1 mission, citing technical, cost, and scheduling challenges as well as the overall funding environment. Recognizing the value of the mission, Congress directed NASA to continue the OSAM-1 mission in the Commerce, Justice, Science and Related Agencies Joint Explanatory Statement accompanying the Consolidated Appropriations Act, 2024,” they continued, citing their work to preserve the mission and keep it on track for launch in 2026.

    “It is our understanding that in April 2024 NASA received an updated plan from the mission team, which included a rescope of the mission to meet the launch and budget requirements, as directed by Congress, and reduced testing requirements to adopt a Class-D designation in line with the standard posture of a technology demonstration project. It is also our understanding that the OSAM-1 mission team has proceeded with executing on this updated plan,” pointing to further progress in resolving these issues.

    The Delegation members conclude their letter noting, however, “On September 4, 2024, members of the Maryland delegation were notified of NASA’s intent to proceed with canceling the OSAM-1 mission.” Following this they underscore, “we have concerns regarding the Agency’s decision-making process,” and go on to ask for answers to a series of questions surrounding the decision, to be received no later than Monday, September 23.

    Full text of the letter is below and here.

    Dear Administrator Nelson:

    As members of the Maryland Delegation, we write to request information regarding NASA’s decision to cancel the On-Orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1) mission on September 4, 2024.

    OSAM-1 is a space technology mission developed to demonstrate NASA’s capabilities to extend the lifespans of government-owned satellites and other satellites that were not originally built or intended to be serviced in space. Capabilities that OSAM-1 seeks to demonstrate include rendezvous, autonomous capture, servicing and refueling in Low Earth Orbit (LEO) with spacecraft not built for these purposes, as well as relocation of spacecraft and on-orbit assembly and manufacturing. This technology will grant satellite operators new ways to manage their fleets more efficiently and will help mitigate growing concerns about space debris. This demonstration intends to show the ability to repair and restore existing satellites, prolong satellite mission life, and pave the way for more sustainable and cost-effective space missions in the future. We are currently witnessing a commercial boom in space launches, and it is critical that NASA commits to the priority of controlling the growth of orbital debris, especially during a time when private actors may not feel incentivized to do so. Furthermore, defense stakeholders have expressed growing interest in space servicing, mobility, and logistics competencies to conduct dynamic space operations in support of national security interests. There is currently no existing operation that demonstrates the unique capabilities of this technology within U.S. public or commercial missions.

    On February 29, 2024, NASA ordered an orderly shutdown of the OSAM-1 mission, citing technical, cost, and scheduling challenges as well as the overall funding environment. Recognizing the value of the mission, Congress directed NASA to continue the OSAM-1 mission in the Commerce, Justice, Science and Related Agencies Joint Explanatory Statement accompanying the Consolidated Appropriations Act, 2024 (P.L. 118-42):

    On-Orbit Servicing, Assembly, and Manufacturing-] (OSAM-1).-ln lieu of the Senate report language, the agreement provides $227,000,000 for OSAM-1 to adjust the mission to ensure a 2026 launch within the cost profile assumed in the fiscal year 2024 budget request. Consistent with recommendations by the OSAM-1 Standing Review Board, NASA is directed to reduce testing requirements and make the necessary technical decisions, including potential de-scoping of some non-essential capabilities, to meet these launch and budget requirements. If this is not possible, NASA should initiate another Continuation Review in September 2024. Further, NASA is directed to work with the Department of Defense on a plan for a potential use, as practicable, of OSAM-1 for space mobility capability, and to provide the Committees with the plan not later than 180 days after enactment of this act.

    It is our understanding that in April 2024 NASA received an updated plan from the mission team, which included a rescope of the mission to meet the launch and budget requirements, as directed by Congress, and reduced testing requirements to adopt a Class-D designation in line with the standard posture of a technology demonstration project. It is also our understanding that the OSAM-1 mission team has proceeded with executing on this updated plan.

    On September 4, 2024, members of the Maryland delegation were notified of NASA’s intent to proceed with canceling the OSAM-1 mission. NASA officials cited feasibility of the 2026 launch plan, risk tolerance, lack of interest from potential partners per verbal communication, return on investment, and interest in expanding other Space Technology Mission Directorate (STMD) priorities. The Delegation wishes to note that return on investment and other STMD priorities are extraneous factors that Congress did not include in its direction. Furthermore, we have concerns regarding the Agency’s decision-making process.

    In order to assesses the Agency’s cancelation decision, we request the following information by September 23, 2024.

    1. A copy of the 2026 launch plan.
    2. A copy of the close-out plan.
    3. The execution status of the mission as of the September 4th cancelation announcement.
    4. The number of NASA civil servants and number of contractors associated with OSAM-1 as of the September 4th cancelation announcement.
    5. The remaining cost-to-go if the mission were to proceed with the 2026 launch plan.
    6. The estimated close-out and shutdown costs if the mission were canceled.
    7. An explanation of the risk criteria in assessing the 2026 plan and a comparison to the standard risk criteria for a technology demonstration.
    8. An explanation of where the project team and NASA disagreed in terms of executability and credibility of the 2026 launch plan.
    9. A description of the review process conducted of the 2026 launch plan after the February 2024 Standing Review Board report and minutes from internal reviews and external independent reviews including, but not limited to, the May 2024 Space Technology Mission Directorate Program Management Council Review. If there was no external independent review conducted, please explain why that was the case.
    10. The timeline of the Continuation Review process, including dates of relevant meetings. If the Continuation Review process was initiated before September, in contradiction of Congressional direction, please provide an explanation as to why the Agency expedited the timeline.
    11. A description of the Agency’s efforts to work with the Department of Defense on potential use or partnership for OSAM-1 spaceflight hardware, test facilities, and personnel; not to include the existing Inter-Agency Agreement with the Defense Advanced Research Projects Agency (DARPA) for work on a partnership with the Robotic Servicing of Geosynchronous Satellites (RSGS) project.
    12. An explanation of the Agency’s decision to delay issuing a Request for Interest to potential partners until after the September 4th cancelation announcement.
    13. A description of the Agency’s plan to retain as much of the OSAM-1 workforce as possible should the cancelation proceed.
    14. A description of the Agency’s commitment to the success of current and future missions at NASA Goddard.

    We thank you for your diligence and timely response to our request.

    Sincerely,

    MIL OSI USA News –

  • MIL-OSI Banking: Tecnológico de Monterrey university pioneers ambitious AI-powered learning ecosystem

    Source: Microsoft

    Headline: Tecnológico de Monterrey university pioneers ambitious AI-powered learning ecosystem

    Balleza, who participated in a pilot program for the AI assistant, says that he felt empowered and more confident in his studies after using the tool. Behind his experience was the dedicated work of the professors who produced the data for the tutor by integrating their educational material created for class with customized tutorial content specifically designed for it.

    Tecnológico de Monterrey, one of the oldest and most renowned colleges in Mexico and abroad, has often been at the forefront of innovation and technology in its 81-year-old history (it adopted computers as early as in the 1960s). The university’s headquarters are in the northern city of Monterrey, Mexico’s industrial powerhouse, just 100 miles south of Texas.

    “We knew from the beginning that AI was a phenomenon of such magnitude that the sooner we jumped on board and designed our own journey, the better,” says Carles Abarca, the university’s vice president for digital transformation.

    Users can access the AI systems through the university’s intranet on their computer or a phone app. The experience is customized depending on whether you are a professor, a student or a collaborator, the term that the university uses for its employees. It has been designed to be potentially available to the 35,000 employees of the institution, including 11,000 professors, and to all 90,000 students across more than two dozen campuses in Mexico.

    Carles Abarca, the Tecnológico de Monterrey’s vice president for digital transformation, says the institution had no doubt in embracing AI as an educational tool. Photo by Octavio Hoyos.

    Internal and external data

    The platform combines both internal and external data through its different features. Some tools are accessible to all employees and students, including a natural language chat that uses internal data to answer questions related to tuition, scholarships and campus shuttle schedules, among others, which students describe as a huge time saver. There is also a chat with access to external data and the ability to summarize texts and create images through prompts.

    A separate set of academic tools strictly focused on the learning process is used only by teachers, who produce all the data, and students. It is split into three interconnected components: Skill Studio, which enables professors to create teaching material, from exercises to mock tests to quizzes, and the Academic TECbot and Librarian TECbot, which work as personalized tutors for students.

    The library assistant can quickly find books and handbooks from more than 60 million sources of the university’s library and other licensed content.

    TECgpt launched a year ago and is already used by 3,000 users monthly. The academic tools have been in beta phase, but are expected to be accessible to all teachers and around 5,000 students between now and early 2025, Abarca says.

    Students who have participated in the pilot phase highlight how the platform helped them fill gaps in understanding quickly and efficiently. Professors say it helped them automate repetitive academic tasks and find more creative and innovative learning takeaways.

    MIL OSI Global Banks –

  • MIL-OSI Canada: Economic growth during uncertain times

    Source: Bank of Canada

    Good afternoon. I want to thank the Institute of International Finance and the Canadian Bankers Association for inviting me to take part in your 2024 Forum.

    Your focus on growth during uncertainty is timely. Uncertainty feels like the new reality: The uncertainty caused by war in Europe and in the Middle East. The uncertainties arising from geopolitical tensions and economic fragmentation. And the related uncertainties about supply chains, trading relationships and global investment risks.

    Rapid advances in new technologies, particularly artificial intelligence (AI) and its new offspring, Generative-AI, are disrupting business models and creating new uncertainties for firms and workers.

    Uncertainty surrounds the impacts of climate change and the policy frameworks to adapt to and mitigate it.

    There is political uncertainty. And fiscal uncertainty.

    As your theme implies, uncertainty and economic growth do not sit well together: uncertainty impedes growth.

    But with inspired policy, good business decisions and sound risk management, we can manage uncertainty and reduce its impact on households, businesses and growth. We have recent historical evidence.

    Sixteen years ago this month, Lehman Brothers failed, and the financial system froze because nobody knew which banks were safe. Today, the global financial system is much safer thanks to the implementation of sweeping global reforms to increase capital and liquidity buffers, and reduce leverage.

    With the rapid development of new vaccines and with exceptional fiscal and monetary policies, uncertainty about our health and the health of our economies has decreased dramatically since the depths of the COVID-19 pandemic.

    Thanks to decisive monetary policy action and the unblocking of supply chains, uncertainty about costs and inflation are much lower today than two years ago, when inflation peaked above 8% in Canada and was even higher in many other countries.

    In the past few weeks, I have given speeches on the shifting global trade landscape and the economic implications and risks of rapid advances in artificial intelligence. These are two key areas where we can reduce uncertainty through good policy and far-sighted business leadership.

    At the same time, we need to recognize that new uncertainties are a new reality, and we must be ready for the inevitable shocks in a more turbulent world. That puts a priority on risk management and investments in resilience.

    A key function of financial institutions is to help households and businesses manage the risks they face. Financial institutions also have a responsibility to manage their own risks prudently so that they do not themselves become a source of uncertainty and instability.

    As Canada’s central bank, we have a role to play in mitigating and managing risks and uncertainty. Our primary mandate is price stability—in other words, low, stable and predictable inflation. We also have mandates to foster a stable financial system and ensure safe and efficient payments.

    Let me say a few words on financial stability and payments. And then I’ll finish with some thoughts on monetary policy.

    Our financial stability focus is on risks that could lead to system-wide stress. And we publish these findings in our annual Financial Stability Report (FSR).

    In our most recent FSR, published in May, we reported that Canadian mortgage holders had experienced a modest increase in levels of financial stress. Since then, we’ve observed that arrears on mortgages have continued to rise, although they remain below pre-pandemic levels. It also appears that these households have not leaned on revolving credit products such as lines of credit and credit cards to a greater degree than before the pandemic.

    But there is a notable increase in financial stress among borrowers without a mortgage, mainly renters. During the pandemic, for most credit products, the share of these borrowers missing payments reached historical lows. However, we’re now seeing a larger share of these borrowers lagging behind on credit card and auto loan payments. Over the past year the share of borrowers without a mortgage who carry a credit card balance of at least 90% of their credit limit has continued to climb. And this share is now above typical historical levels. This is concerning.

    Our responsibilities related to payments require us to adapt to increasing digitalization. Innovation in payments continues to accelerate.

    In 2021, the Bank assumed a new mandate for the supervision of retail payment service providers. Starting November 1st of this year, more than 3,000 service providers will need to register with the Bank and follow new rules aimed at safeguarding consumers and protecting the integrity of retail payments.  

    We are also looking at the bigger picture of payment innovation, both in Canada and around the world. As part of this work, in the past few years we’ve built an extensive body of knowledge about the framework and technology behind a possible central bank digital currency (CBDC), including the benefits and risks.

    But recognizing that there is not currently a compelling case to move forward with a CBDC in Canada, the Bank is scaling down its work on a retail central bank digital currency and shifting its focus to broader payments system research and policy development. The Bank will continue to monitor global retail CBDC developments. And the Bank will be ready to ensure Canadians always have a safe and secure supply of public money.

    Now, let me circle back to monetary policy.

    In June, we began lowering our policy interest rate. We cut the policy rate at our last three decisions, for a cumulative decline of 75 basis points to 4.25%.

    Our most recent decision on September 4th reflected two main considerations.

    First, we noted that headline and core inflation had continued to ease as expected. Second, we said that as inflation gets closer to target, we want to see economic growth pick up to absorb the slack in the economy.

    Since then, we’ve been pleased to see inflation come all the way back to the 2% target. It has been a long journey. Now we want to keep inflation close to the centre of the 1%–3% inflation-control band. We need to stick the landing.

    What does this mean for interest rates? With the continued progress we’ve seen on inflation, it is reasonable to expect further cuts in our policy rate. The timing and pace will be determined by incoming data and our assessment of what those data mean for future inflation.

    As always, we try to be as clear as we can about what we are watching as we chart the course for monetary policy.

    Economic growth picked up in the first half of this year, and we want to see it strengthen further so that inflation stays close to the 2% target. Some recent indicators suggest growth may not be as strong as we expected. We will be closely watching consumer spending, as well as business hiring and investment.

    We will also be looking for continued easing in core inflation, which is still a little above 2%. Shelter cost inflation remains elevated but has started to come down, and we are looking for it to moderate further.

    Our next decision is October 23rd. And we will have a revised economic outlook at that time.

    With those introductory thoughts, let’s get the discussion started.

    I would like to thank Russell Barnett, Claudia Godbout and Brian Peterson for their help in preparing these remarks.

    MIL OSI Canada News –

  • MIL-OSI USA: Rep. Chu, Sen. Wyden Introduce Bill to Boost Access to Capital for Businesses Owned by Women and People of Color

    Source: United States House of Representatives – Representative Judy Chu (CA2-27)

    WASHINGTON, D.C. — Rep. Judy Chu (CA-28) and Senate Finance Committee Chair Sen. Ron Wyden (OR) today introduced the bicameral Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success Act (PROGRESS Act) to improve access to capital for small businesses owned by women and people of color.

    “The Biden-Harris Administration has overseen a boom in small business growth. But for many small businesses, particularly those owned by enterprising women and people of color without long-term relationships with financial institutions, securing access to capital remains far too tough, which hurts their ability to grow,” said Rep. Chu, who serves on both the House Ways and Means Committee and House Small Business Committee. “Sen. Wyden and I are introducing the PROGRESS Act to create first employee and investor tax credits so we can level the playing field for women-owned and minority-owned small businesses and unlock their full growth potential.”

    “Women business owners, particularly women of color, are underestimated, underrepresented and undercapitalized,” said Sen. Wyden. “Nobody can question the entrepreneurial spirit of women small business owners in America, but tax laws on the books today aren’t doing nearly enough to support them compared to others. Everybody wins when more small business owners have a chance to get ahead and grow, and that’s what this bill is all about.” 

    On average, white business owners start with nearly three times the working capital of black-owned businesses. Male entrepreneurs, on average, start with nearly twice as much capital as female entrepreneurs. The numbers are even more stark when considering only third-party capital. In 2023, only 2.2 percent of venture capital funding went to companies founded solely by women. This disparity is acutely felt by women of color who now account for 50 percent of all women-owned firms, yet received less than one percent of venture capital funding over the past decade. Owners of small businesses that lack employees are more diverse than employer firms. More than one-third of non-employer businesses are owned by people of color and more than four in ten are owned by women. Unfortunately, these businesses struggle to grow and face endemic barriers to accessing funding.

    Because of their size, their industry, or the way they are organized, many women-owned businesses can’t take advantage of tax benefits designed for small businesses. This lack of capital has limited the ability of these entrepreneurs to grow their businesses.

    The PROGRESS Act creates two new tax incentives to unlock the growth potential of these businesses:

    First Employee Credit:
    A new first employee credit will stimulate business growth and job creation.

    • A credit equal to 25 percent of W-2 wages reported can be claimed annually, up to $10,000 in a single tax year, with a lifetime limit of $40,000.
    • Because many businesses do not turn a profit in their early years, the first employee credit is creditable against the business’ payroll tax liability.
    • Certain businesses that have not reported full-time equivalent W-2 wages in a previous year are eligible for the credit.
    • Eligible businesses must be majority owned by U.S. individual(s) that each earn $100,000 or less per year ($200,000 in the case of joint filers).

    Investor Credit:
    A new investment credit will encourage third-party capital investment and allow small businesses to grow and thrive. 

    • A credit of up to 50 percent of a qualified debt or equity investment can be claimed, up to $10,000 in a single tax year, with a lifetime limit of $50,000.
    • Investors that fund certain businesses can use the credit to boost their rate of return.
    • Eligible businesses must have at least one full-time equivalent employee and be majority owned by U.S. individual(s) that each earn $100,000 or less per year ($200,000 in the case of joint filers).

    Click here for a one-page summary of the bill is available.

    Click here for a detailed bill summary.

    Click here for the full bill text.

    “We support the creation of tax incentives designed to boost the potential of all small businesses, but we’re particularly encouraged to see legislation that would help support historically underserved businesses—those owned by women and minorities,” said John Arensmeyer, Founder and CEO of Small Business Majority. “Our research consistently finds that many types of small businesses struggle to access the capital they need to grow, but small firms owned by women and minorities are most likely to experience funding challenges. Policies like the tax credits proposed by Senator Wyden and Representative Chu are critical to ensuring a level playing field so that more entrepreneurs have the chance to succeed.”

    “As an organization that represents thousands of women owned small businesses across the country the Main Street Alliance is proud to endorse the PROGRESS Act,” said Richard Trent, Executive Director of Main Street Alliance. “Still too many barriers exist for entrepreneurs to start and grow their small business. During the past four years 19 million new small businesses were founded, unleashing the creativity, drive and contributions of people willing to take a risk on the American dream. By providing a critical first employee credit these businesses will be more likely to expand, and thrive.”

    “I am encouraged by the introduction of the Progress Act which will empower small businesses to create more jobs by offering tax credits for hiring and incentivizing investment,” said Anne Zimmerman, Co-Chair of Small Business For America’s Future. “Small Business for America’s Future has long championed thinking outside the box on incentives that support small businesses, and this legislation represents an innovative approach to strengthening America’s true economic engine: small business owners. We’ve heard countless stories of small business owners wanting to expand but hit a wall because of limited to no access to capital, which is the lifeblood of any growing business. The Progress Act is the type of smart policy we need to create more opportunities for Main Street businesses to help us grow, innovate and compete in today’s market.”

    “The PROGRESS Act is a crucial step forward in creating new opportunities for Asian American and Pacific Islander (AAPI)-owned businesses to gain access to capital,” said Chiling Tong, President and CEO of National Asian Pacific Islander American Chamber of Commerce (National ACE). “Many AAPI-owned businesses, particularly start-ups, face unique barriers to capital, including language barriers, lack of awareness, or lack of relationships with lending institutions. By providing tax credits for investors in these businesses, this legislation opens up critical financial resources that will help AAPI entrepreneurs grow their businesses, create jobs and support their communities. Congresswoman Chu is a longtime champion of the AAPI small business community, and we applaud her continued commitment to addressing the unique barriers faced by AAPIs and ensuring that AAPI entrepreneurs have access to opportunities.”

    MIL OSI USA News –

  • MIL-OSI USA: Sherrill Applauds $2 Million Federal Grant Awarded to New Jersey Manufacturing Extension Program

    Source: United States House of Representatives – Congresswoman Mikie Sherrill (NJ-11)

    LIVINGSTON, NJ – Representative Mikie Sherrill (NJ-11) applauded the $2 million in federal grant funding being awarded to New Jersey’s Manufacturing Extension Program (NJMEP) to strengthen New Jersey’s defense supply chains, expand green energy innovation, bolster manufacturing, and bring good-paying jobs to the Garden State.

    “For generations, New Jersey has been at the forefront of our manufacturing and innovation economy – and I am focused on ensuring that businesses can thrive in our state, and that every New Jerseyan can play a role in our cutting-edge economy. That’s why I am so excited that our federal tax dollars are coming back to the Garden State to power NJMEP’s plan to lead a multi-state network of manufacturing companies that will strengthen our defense supply chains, invest in green energy infrastructure, and bolster North Jersey’s Picatinny Arsenal. I am grateful to NJMEP for their ongoing partnership in our shared mission to ensure New Jersey leads the supply chain research and development that will drive our country into the future,” said Rep. Sherrill.

    “The Green Energy and Defense Supply Chain Capacity Program is a crucial initiative that not only strengthens our supply chains but also bolsters our national defense and economic stability. By addressing supply chain vulnerabilities in Defense Manufacturing and Green Energy, we are ensuring that our nation is better equipped to meet future challenges. This initiative will generate job growth, supporting communities across New Jersey and the nation, while expanding opportunities for manufacturers. Strengthening the DoD supply chain ensures that we remain competitive on a global scale, positioning our nation for long-term success and security,” saidPeter Connolly, CEO of NJMEP.

    “This program represents a strategic leap forward in how we approach supply chain optimization in the Defense and Green Energy sectors. By focusing on research, outreach, and supplier engagement, we are creating pathways for new entrants while bolstering existing suppliers. The cross-state collaboration between MEP Centers ensures a coordinated approach to closing supply chain gaps and maximizing the impact of our collective efforts. This initiative sets the standard for how supply chain resilience can be achieved through proactive and collaborative efforts,” said Torsten Schimanski, Chief Strategy Officer of NJMEP.

    The grant, awarded to NJMEP by the National Institute of Standards and Technology, will help NJMEP develop a methodology to address supply chain and seize opportunities in the Defense Manufacturing and Green Energy sectors while positioning Manufacturing Extension Program Centers in New Jersey, Pennsylvania, New York, Massachusetts, and Rhode Island to better coordinate across the Northeast Region.

    Sherrill and NJMEP have long partnered to bolster New Jersey’s manufacturing sector, expand apprenticeship and job-training opportunities for service members transitioning to civilian life – including through the New Jersey Defense Manufacturing Community Consortium – and ensure that businesses can find the skilled workforce they need in the Garden State.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Shaheen, Van Hollen Urge Federal Housing Finance Agency to Implement Energy-Efficient Building Codes for New Federally-Backed Homes

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) joined U.S. Senator Chris Van Hollen (D-MD) in sending a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson urging the Agency to require that new homes with mortgages backed by government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae, meet up-to-date building codes for energy efficiency. In their letter, the Senators ask Director Thompson for an updated timeline for a decision, while calling on FHFA to act swiftly in order to improve home energy efficiency and ultimately save Granite State homeowners and renters money.

    The Senators wrote, in part: “Aligning new home energy standards with updated model codes will save money for homeowners and renters across the country. HUD and USDA found that the increased initial costs of construction are more than made up for by lower monthly energy costs. […] Beyond these financial benefits, updated codes help save lives by protecting families from the impacts of extreme weather events, particularly utility outages during heat waves and cold snaps. Updated energy codes can also yield better indoor air quality and reduce exposure to pollutants that can have negative health impacts including asthma, heart disease and lung cancer.”

    They continued: “This year is an ideal time for FHFA to make these changes. The Bipartisan Infrastructure Law and Inflation Reduction Act provided over $1.2 billion of federal funding to help states and localities update their building codes. Already, multiple state and local governments, as well as HUD and USDA have adopted the updated building codes.”

    The Senators concluded: “We urge you to move quickly to adopt modern energy standards for new homes utilizing Enterprise-backed mortgages to align with other federally backed housing construction, and ask you for an update on your timeline for taking this action. These standards will support a stable, efficient housing market by reducing wasted energy, improving health outcomes, and lowering costs for both renters and homeowners across the country.”

    The letter was cosigned by Senators Cory Booker (D-NJ), Martin Heinrich (D-NM), Ed Markey (D-MA), Bernie Sanders (I-VT), Elizabeth Warren (D-MA) and Peter Welch (D-VT). This letter is supported by Americans for Financial Reform, Rocky Mountain Institute, and the National Electrical Manufacturers Association.

    The full letter text can be found here.

    Shaheen has championed work to secure federal investments in clean energy and energy efficiency initiatives and to lower energy costs across New Hampshire, especially by fighting for updated building energy codes standards. Earlier this year, Shaheen sent a letter to the Federal Housing Finance Agency (FHFA) urging it to require that new homes with mortgages backed by Fannie Mae and Freddie Mac meet up-to-date building codes for energy efficiency. The Senator also recently applauded action by the Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) to adopt updated Minimum Energy Standards for new single and multifamily federally-backed homes.

    Shaheen was a lead negotiator of the Bipartisan Infrastructure Law, which made huge investments in clean energy, including $225 million to support the adoption and implementation of updated building energy codes based upon her longstanding bipartisan legislation with Senator Rob Portman. Shaheen also helped secure $1 billion in the Inflation Reduction Act, of which New Hampshire is eligible for nearly $2.5 million to support modern code adoption, implementation, enforcement, training and workforce development. Shaheen recently wrote an op-ed in the Union Leader urging the State of New Hampshire to adopt the latest building energy codes and use this federal funding.

    MIL OSI USA News –

  • MIL-OSI USA: Grassley, Peters Demand Action from Agency that Missed Conflicts of Interest Deadline

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Sens. Chuck Grassley (R-Iowa), Joni Ernst (R-Iowa) and Maggie Hassan (D-N.H.) joined Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters (D-Mich.) in demanding the Federal Acquisition Regulatory (FAR) Council implement their bipartisan 2022 law to prevent conflicts of interest in government contracting. The FAR Council failed to do so by the June 27, 2024, deadline.

    “The executive branch is slow walking its implementation of laws Congress passed to mitigate conflicts of interest. That’s unacceptable. Taxpayers ought to rest assured their hard-earned dollars aren’t going to contractors with potential conflicts. The FAR Council has had almost two years to make mandatory changes, which means it’s high time Congress and the public see results,” Grassley said of this bipartisan letter to the FAR Council.  

    Grassley and his colleagues in their letter highlight conflict of interest cases, including one where a U.S.-based technology service simultaneously worked for a foreign adversary. Such circumstances put U.S. vulnerabilities at risk of falling into the wrong hands. The Preventing Organizational Conflicts of Interest in Federal Acquisition Act aimed to address reported conflicts of interest between taxpayer-funded projects and contractors’ other work. However, the FAR Council has neglected to institute congressional reforms.

    Read the senators’ full letter HERE. 

    Background:

    Among other provisions, the Preventing Organizational Conflicts of Interest in Federal Acquisition Act, now law, requires: 

    • Federal agencies to identify potential conflicts early in contracting processes. 
    • Federal contractors to disclose preexisting business relationships with entities that may conflict with the work an agency has hired them to do. 
    • Private companies under contract with the U.S. government to disclose new potential business that opposes any ongoing services they’re providing the American people. 

    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn, Colleagues’ Bill to Strengthen Cross-Border Trade, Guard Against Terrorism Heads to President’s Desk

    US Senate News:

    Source: United States Senator for New Hampshire Maggie Hassan

    WASHINGTON – U.S. Senators John Cornyn (R-TX), Tom Carper (D-DE), James Lankford (R-OK), and Maggie Hassan (D-NH) released the following statements after their legislation to create a pilot program to strengthen the Customs Trade Partnership Against Terrorism (CTPAT) program passed the House and now heads to the President’s desk:

    “In order for America to remain competitive in global markets, we must ensure our ports are open, efficient, and secure,” said Sen. Cornyn. “This legislation would allow additional trusted trading partners to expedite shipments important to Texas’ economy while protecting against illegal goods and national security threats, and I urge the President to swiftly sign it into law.”

    “I am proud that the bipartisan Customs Trade Partnership Against Terrorism (CTPAT) Pilot Program Act passed in the House,” said Sen. Carper. “This commonsense bill will improve the reliability and efficiency of our supply chains in expediting the customs clearance process for trusted merchants. When President Biden signs this bill into law, the CTPAT Pilot Program will help reduce congestion at ports of entry and strengthen our national security.”

    “America’s supply chain security is essential to keeping food on the table and businesses up and running,” said Sen. Lankford. “This bill will create a new pilot program to strengthen standards for border security while streamlining our trade with other nations, and I look forward to seeing it become law in the days ahead.”

    “This bipartisan bill offers a commonsense approach that will both protect our national security and strengthen our supply chains,” said Sen. Hassan. “I’m pleased that it will now head to the President’s desk, as we continue to work together to help U.S. businesses thrive and outcompete the world.”

    The legislation was introduced in the House by Representatives Morgan Luttrell (TX-08), Elissa Slotkin (MI-07), Mariannette Miller-Meeks (IA-01), and Robert Menendez (NJ-08).

    Background:

    CTPAT was created as a part of the SAFE Port Act of 2006 to support secure cross-border trade through a fast-track, customs clearance process for trusted merchants who voluntarily submit themselves to enhanced security screening measures. The legislation would create a pilot program that would allow up to 20 trusted non-asset and asset based, third-party logistic providers (3PLs) to become CTPAT certified. The carrier companies would work with Customs and Border Protection to become CTPAT certified by meeting additional security requirements and participating in inspections throughout the cargo transit process.

    MIL OSI USA News –

  • MIL-OSI USA: CFTC Charges Four Entities for Failing to Register as FCMs

    Source: US Commodity Futures Trading Commission

    WASHINGTON, D.C. — The Commodity Futures Trading Commission filed charges against four entities for failing to register as futures commission merchants. Each complaint seeks an order directing the entities to cease and desist from committing violations of the Commodity Exchange Act and CFTC regulations as charged.

    The four entities charged are:

    • cryptoiminerstrade.com allegedly based in New York and Los Angeles, claims to offer binary options based off the value of commodities like foreign currencies and cryptocurrencies, including Bitcoin. It claims to be “one of the leading platforms in the U.S. offering binary options, Forex and spreads.” It touts its ability to handle customer funds and further claims that it is regulated by the CFTC.
    • Expert Stocks Zone allegedly based in New York, claims to offer binary options based off the value of commodities like foreign currencies and cryptocurrencies, including Bitcoin. It claims to be “one of the leading platforms in the U.S. offering binary options, Forex and spreads.” It touts its ability to handle customer funds and claims that its “first priority is the security of our clients’ funds,” for which it has received awards.  It further claims that it is regulated by the CFTC.
    • FalconForexBot allegedly based in New York and Beaumont, Texas, claims to offer binary options based off the value of commodities like foreign currencies and cryptocurrencies including Bitcoin. It claims to be “one of the leading platforms in the U.S. offering binary options, Forex and spreads” and describes itself as a “a true opportunity to earn on cryptocurrency/binary.” It touts its ability to handle customer funds and claims that its “first priority is the security of our clients’ funds,” for which it has received awards.  It further claims that it is regulated by the CFTC.
    • swiftminingexpert.com allegedly based in New York and Los Angeles, claims to offer binary options based off the value of commodities like foreign currencies and cryptocurrencies, including Bitcoin. It claims to be “one of the leading platforms in the U.S. offering binary options, Forex and spreads.” It touts its ability to handle customer funds and further claims that it is regulated by the CFTC.

    The CFTC strongly urges the public to verify a company’s CFTC registration before committing funds.  If an entity is unregistered, a customer should be wary of providing funds to that entity. A company’s registration status can be found using NFA BASIC. 

    The Division of Enforcement staff responsible for this case are Leslie R. Kan, Michael Geiser, Elizabeth C. Brennan, David W. Oakland, Lara Turcik, K. Brent Tomer, Lenel Hickson Jr., and Manal M. Sultan.

    MIL OSI USA News –

  • MIL-OSI USA: IAM Local 709 Partners with Lockheed Martin, Technical College on State-of-the-Art Training Facility

    Source: US GOIAM Union

    IAM Local 709 in Marietta, Ga., has announced a new partnership with Lockheed Martin and the Chattahoochee Technical College’s Aviation Training Academy.

    Local 709 leaders and representatives from Lockheed Martin attended a ceremony to celebrate the launch of a newly completed, state-of-the-art training facility. The first class of 10 students began their training on Aug. 19, 2024. Lockheed Martin has offered conditional employment to all 10 students upon successful completion of the program.

    The company plans to enroll all new students specializing in aircraft structures and electrical work through this training program. Currently, Chattahoochee Tech offers programs in Aircraft Structural Technology, Avionics Technology, and Aircraft Upholstery and Trim. Programs pending FAA approval include Aviation Maintenance (Airframe), Powerplant Maintenance, and a combined Airframe and Powerplant diploma.

    “The IAM is thrilled to embark on this partnership with Lockheed Martin and Chattahoochee Tech, investing in the next generation of skilled aviation professionals,” said IAM Southern Territory General Vice President Craig Martin. “This collaboration will not only strengthen the workforce but also provide life-changing opportunities in our communities.”

    “Local 709 is proud to be a part of this new program,” said IAM Local 709 President Mark Pietrofere. “It will encourage growth in the aviation maintenance and manufacturing fields, respond to industry growth, and an aging workforce.”

    To fill these positions, Lockheed Martin is collaborating with local high schools, technical schools, and county workforce boards to recruit students. Job requisitions tied to Chattahoochee Tech will be posted on the Lockheed Martin website and clearly labeled with “Chattahoochee Tech” in the job title. 

    It is also recommended that applicants register with local county workforce boards to help reduce tuition costs and potentially receive assistance with gas, food, and transportation expenses. The initiative represents a U.S. Department Labor apprenticeship program, which opens up more opportunities for student participants.

    Share and Follow:

    MIL OSI USA News –

  • MIL-OSI USA: Dissenting Statement of Commissioner Summer K. Mersinger Regarding cryptoiminerstrade.com, Expert Stocks Zone, FalconForexBot, and swiftminingexpert.com

    Source: US Commodity Futures Trading Commission

    Each of the four “Unregistered Entity Sweep” matters before the Commodity Futures Trading Commission[1] today seeks a cease-and-desist order and uses the Commission’s administrative process to avoid bringing these charges in the federal courts.  I respectfully dissent from the Commission’s use of administrative proceedings to bring an unregistered futures commission merchant (FCM) charge without identifying any relevant facts to support that charge.

    The recent U.S. Supreme Court decision in SEC v. Jarkesy[2] raises the level of scrutiny that any agency, including the Commission, should apply before employing the use of administrative proceedings.  In each of these four matters, I am concerned that there is insufficient evidence that the proposed respondent was acting as an FCM.  Specifically, while there may be sufficient evidence that the proposed respondent engaged in soliciting or in accepting orders for the relevant types of transactions, there is no evidence that the proposed respondent accepted money, securities, or property (or extended credit in lieu thereof) to margin, guarantee, or secure those trades or contracts.[3]

    FCMs are vital intermediaries in our markets and serve as critical agents to their customers in facilitating the execution and clearing of derivative transactions.  They are distinct from designated contract markets or swap execution facilities which execute derivative transactions, and from derivatives clearing organizations that clear derivative transactions.  They are also distinct from other intermediaries, such as commodity pool operators, commodity trading advisors, introducing brokers, and swap dealers.  Just because a person or entity may purport to accept money for a derivative transaction does not necessarily mean that it should be registered as an FCM or that an enforcement case should be brought against it if it did not do so.  This requires a deeper analysis, and, more importantly, evidence that the person or entity actually engaged or purported to engage in activity that meets the required elements of the FCM definition.

    While I support acting to stop entities from falsely claiming that they are registered with the Commission, I cannot support the unregistered FCM charges in this sweep without additional evidence.  Furthermore, when our Division of Enforcement utilizes administrative avenues to bring its cases, it must do so with careful and thorough consideration of the underlying evidence to ensure that any succeeding decisions under those cases by presiding officers or other administrative judges are limited to only those appropriate under the law.  Therefore, I dissent.

    [1] This statement will refer to the Commodity Futures Trading Commission as the “Commission” or “CFTC.”

    [2] Securities and Exchange Commission v. Jarkesy,144 S. Ct. 21 (2024).

    [3] See Commodity Exchange Act Section 1a(28), 7 U.S.C. §1a(28) (defining a futures commission merchant as “an individual, association, partnership, corporation, or trust that is engaged in soliciting or accepting orders for the purchase or sale of a commodity for future delivery; a security futures product; a swap; any agreement contract, or transaction described in section 2(c)(2)(C)i) or section 2(c)(2)(D)(i); any commodity option authorized under section 4c; or any leverage transaction authorized under section 19…and in or in connection with [those activities], accepts any money, securities, or property (or extends credit in lieu thereof) to margin, guarantee, or secure any trades or contracts that result or may result therefrom”).

    MIL OSI USA News –

  • MIL-OSI USA: Attorney General Bonta’s Sponsored Bill to Solve More Crime Through Forensics Services Signed into Law

    Source: US State of California Department of Justice

    Tuesday, September 24, 2024

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

     

    AB 3042 extends the sunset on Proposition 69, the “DNA Fingerprint, Unsolved Crime and Innocence Protection Act” which directs funding from criminal fines to bolster essential crime-solving DNA services

    OAKLAND — California Attorney General Rob Bonta today issued a statement after Assembly Bill 3042 (AB 3042) was signed into law by Governor Gavin Newsom. Authored by Assemblymember Stephanie Nguyen (D – Elk Grove), AB 3042 ensures DOJ will be able to continue to provide important forensic DNA services with funding through updates to Proposition 69, the “DNA Fingerprint, Unsolved Crime and Innocence Protection Act.” The bill also extends the sunset date for Proposition 69 and directs funding from criminal fines to support essential crime-solving DNA programs both at DOJ and local law enforcement agencies. 

    “I am very proud of the important work that is done in our Bureau of Forensic Services and will continue to be done thanks to this new law,” said Attorney General Rob Bonta. “The Bureau receives crucial funding through Proposition 69, and AB 3024 will ensure that Proposition 69 remains in place to support our efforts to solve crime through forensic services. I want to thank Assemblymember Nguyen, our legislative partners and Governor Newsom for their work toward this important goal.”

    “I would never feel safe knowing someone who has harmed me or my loved ones are still out there,” said Assemblymember Stephanie Nguyen. “I am proud to author AB 3042 in collaboration with Attorney General Bonta to continue key funding to better support public safety in our communities as well as exonerating the innocent.”

    Voters approved Proposition 69 in November 2004. Proposition 69 specifically directs money from criminal fines to be allocated towards funding the CAL-DNA Data Bank program which helps to solve violent crimes both at local public crime laboratories and within DOJ itself using the FBI’s Combined DNA Index System (CODIS). In another provision of Proposition 69, the CAL-DNA Data Bank also assists with the identification of missing and unidentified persons, including abducted children, using separate Missing Person CODIS databases. Historically, DOJ has received more than $74 million through Prop. 69 over a span of two decades. However, this proposition included a sunset date that would terminate funding collection after twenty years. AB 3042 sought to extend the sunset date to establish a steady source of revenue outside of the General Fund that will support DNA testing programs at both state and local levels. 

    AB 3042 was supported by California Association of Crime Laboratory Directors, California District Attorneys Association, California State Sheriffs’ Association, County of Kern County Board of Supervisors, Los Angeles Board of Supervisors, Los Angeles County Professional Peace Officers Association, Los Angeles County Sheriff’s Department and San Diego County Sheriff’s Department.

    The text of the legislation is available here. 

    # # #

    MIL OSI USA News –

  • MIL-OSI USA: Providing Sustainable Power for 123,000 More Homes

    Source: US State of New York

    In celebration of Climate Week, Governor Kathy Hochul today announced that the New York State Office of Renewable Energy Siting and Electric Transmission has issued final siting permits for the Rich Road Solar Energy Center and Prattsburgh Wind LLC projects. The solar farm and the wind farm, located in St. Lawrence County and Steuben County, respectively, will bring a combined 387 megawatts of clean, renewable energy to New York’s electric grid, powering more than 123,000 average-sized homes. Both facilities will contribute significantly to the State’s ambitious climate goals while providing economic benefits to local communities.

    “These two massive renewable energy projects are prime examples of our progress in transitioning to a clean energy economy,” Governor Hochul said. “With the issuance of these siting permits, we are creating good-paying jobs in the North Country and the Southern Tier, while providing clean sustainable energy for our families and businesses.”

    The Rich Road Solar project developers estimate that the 240 MW solar farm—which will be supplemented with an additional 20 MW battery energy storage system (BESS) located in the Town of Canton, St. Lawrence County—will generate clean energy capable of powering more than 61,000 average-sized homes. The Prattsburgh wind farm, a 147 MW wind project spanning the Towns of Prattsburgh, Avoca, Cohocton, Howard, and Wheeler in Steuben County, will produce enough power for an estimated 62,000 homes according to its developers.

    Today’s announcement marks the second and third major renewable energy facility permits issued by ORES this month. Together, the projects bring the total number of ORES-approved large-scale renewable energy projects to 18 since 2021, representing over 2.7 gigawatts of clean energy. The approvals come during New York’s Climate Week, highlighting the State’s continued leadership in advancing clean energy initiatives and reinforcing its commitment to working toward the State’s climate goals.

    Office of Renewable Energy Siting and Electric Transmission Interim Executive Director Jessica Waldorf said, “Today’s announcement demonstrates the State’s continued commitment to a clean energy transition and the responsible siting and development of renewable energy resources. ORES’ issuance of the permits of the Rich Road Solar Energy Center and Prattsburgh Wind LLC projects will support the delivery of significant amounts of clean energy to the electric grid and local community benefits, while mitigating significant adverse environmental impacts.”

    New York State Department of Environmental Conservation Interim Commissioner Sean Mahar said, “The implementation of wind and solar developments like the projects announced today in St. Lawrence and Steuben counties is a critical part of Governor Hochul’s commitment to advancing a clean energy economy and achieving the goals of the Climate Leadership and Community Protection Act. DEC commends the Governor and ORES for their efforts to accelerate green energy deployment and address the challenges of climate change to ensure a greener future for all New Yorkers.”

    Alliance for Clean Energy New York Executive Director Marguerite Wells said, “Every megawatt of clean energy that comes online is a win for New Yorkers in the fight against climate change, and brings lasting economic benefits to our state. We thank the state and ORES for granting these siting permits and we look forward to the day the switch is flipped and power flows from these important projects.”

    New York League of Conservation Voters President Julie Tighe said, “With the impacts of climate change growing more dire by the day, we can no longer afford to just talk about renewable energy, we need to deliver real projects on the ground, and that’s why we’re thrilled to see Governor Hochul and the team at ORES approve the Rich Road Solar Energy Center and Prattsburgh Wind projects. Together, their promise of 387 megawatts of clean energy mark another important step on New York’s path to meeting our CLCPA obligations and transitioning to the clean energy economy we need.”

    The application for the Rich Road solar farm was deemed complete on January 3 and a draft permit was issued by ORES on March 4. A thorough, timely, and transparent review process followed that included a public comment period and hearing. The facility will feature three ground-mounted solar PV arrays on single-axis tracker racking systems, a 34.5 kilovolt (kV) to 345 kV collection substation, and a point of interconnection switchyard. Construction of the facility will create more than 300 full-time jobs, with four permanent positions during operation. The project is expected to provide $24 million in direct payments to the Town of Canton, St. Lawrence County, and local school districts over the next 35 years.

    The application for the Prattsburgh wind farm was deemed complete on October 30, 2023, with a draft permit issued by ORES on December 29, 2023. The project will encompass 36 wind turbines and related infrastructure across approximately 53 acres of primarily rural land. The project will generate more than $1.2 million annually in tax revenue for local municipalities and over $500,000 in direct lease and neighbor agreement payments to landowners. Additionally, it will create 81 on-site jobs during construction and eight full-time positions during operation.

    Both projects are integral to New York’s broader strategy to meet the Climate Leadership and Community Protection Act’s targets, which mandate 70 percent renewable electricity by 2030 and a zero-emissions electricity sector by 2040. Additionally, both projects were approved in less than the one-year timeframe required under the law.

    For more information about the Rich Road Solar and Prattsburgh Wind projects, as well as other ORES-permitted facilities, visit the ORES website.

    New York State’s Nation-Leading Climate Plan

    New York State’s climate agenda calls for an orderly and just transition that creates family-sustaining jobs, continues to foster a green economy across all sectors and ensures that a minimum of 35 percent, with a goal of 40 percent, of the benefits of clean energy investments are directed to disadvantaged communities. Guided by some of the nation’s most aggressive climate and clean energy initiatives, New York is advancing a suite of efforts – including the New York Cap-and-Invest program (NYCI) and other complementary policies – to reduce greenhouse gas emissions 40 percent by 2030 and 85 percent by 2050 from 1990 levels. New York is also on a path toward a zero emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and economy-wide carbon neutrality by mid-century. A cornerstone of this transition is New York’s unprecedented clean energy investments, including more than $28 billion in 61 large-scale renewable and transmission projects across the State, $6.8 billion to reduce building emissions, $3.3 billion to scale up solar, nearly $3 billion for clean transportation initiatives and over $2 billion in NY Green Bank commitments. These and other investments are supporting more than 170,000 jobs in New York’s clean energy sector as of 2022 and over 3,000 percent growth in the distributed solar sector since 2011. To reduce greenhouse gas emissions and improve air quality, New York also adopted zero-emission vehicle regulations, including requiring all new passenger cars and light-duty trucks sold in the State be zero emission by 2035. Partnerships are continuing to advance New York’s climate action with more than 400 registered and more than 130 certified Climate Smart Communities, over 500 Clean Energy Communities, and the State’s largest community air monitoring initiative in 10 disadvantaged communities across the State to help target air pollution and combat climate change.

    MIL OSI USA News –

  • MIL-OSI: FinTech360 Launches Cross-Device Trading Solutions to Meet Growing Mobile Demand in FinTech Industry

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, Sept. 24, 2024 (GLOBE NEWSWIRE) — FinTech360, a leading B2B provider of fintech solutions for regulated forex brokers, today announced the launch of its new cross-device trading solutions, designed to meet the increasing demand for mobile-friendly platforms in the fintech industry. This innovative system enables brokers to offer seamless trading experiences across multiple devices, including Android, iOS, and web platforms, ensuring a consistent user experience and maximizing client engagement in a mobile-first world.

    With mobile traffic now accounting for the majority of user interactions in the financial sector, FinTech360’s new cross-device solutions come at a critical time for brokers seeking to stay competitive. The platform provides brokers with advanced tools for customer lifecycle management, CRM, payment gateways, and trading signals, all of which are accessible from any device, offering flexibility and convenience to both brokers and traders.

    “In response to the growing dominance of mobile usage in trading, we are proud to introduce our cross-device solutions, which allow brokers to offer their clients uninterrupted access to trading tools on any platform,” said Aaron Bitter, BDM of FinTech360. “We recognize that brokers need to cater to mobile-first users, and our new solutions provide the perfect balance between functionality and accessibility across all devices.”

    Innovative Cross-Device Features Tailored for Forex Brokers

    The new cross-device platform from FinTech360 is specifically designed for the unique needs of forex brokers, allowing them to engage with a broader client base by providing a seamless user interface across mobile apps and web-based platforms. As mobile trading continues to grow, the ability to offer a unified trading experience across different devices becomes essential for brokers looking to attract and retain clients.

    With enhanced functionality and a mobile-optimized interface, the platform empowers traders to access real-time data, execute trades, and monitor market movements on-the-go, all while enjoying the same high-quality experience whether they are using a mobile phone or desktop computer.

    FinTech360’s Continued Commitment to Innovation and Broker Success

    As part of this new launch, FinTech360 has integrated Acuity Trading’s AI-driven market analysis tools into its cross-device platform. This combination of AI technology and mobile optimization provides brokers with deeper market insights and more comprehensive trading strategies, helping them make informed decisions and better serve their clients.

    FinTech360 has long been recognized for its innovative fintech solutions tailored specifically for regulated brokers. The company’s full suite of services includes CRM systems, business intelligence tools, trading platforms, and affiliate network solutions, all designed to simplify broker operations and enhance overall efficiency. By focusing on creating flexible, scalable solutions, FinTech360 continues to empower brokers to thrive in a competitive market.

    For more information about FinTech360 and its latest cross-device trading solutions, visit FinTech360.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: MEF Names Finalists for 2024 NaaS Excellence Awards

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) — MEF, a global industry association of network, cloud, security, and technology providers accelerating enterprise digital transformation, announced finalists today for its 2024 Network-as-a-Service (NaaS) Excellence Awards. MEF’s award program recognizes achievements of service providers, technology providers, and professionals pioneering the future of digital services delivered across an ecosystem optimized for a cloud-like experience for today’s enterprise. Winners will be recognized at MEF’s Global Networking-as-a-Service Event (GNE), held Oct 28-30 in Dallas, Texas.

    Award finalists were selected based on rigorous criteria by an esteemed panel of senior industry analysts from ACG Research, Analysys Mason, Appledore Research, Atlantic ACM, AvidThink, Dell’Oro Group, Frost & Sullivan, IDC, Omdia, TeleGeography, and Vertical Systems Group.

    2024 MEF Excellence Awards Finalists

    The Service Provider category includes awards for NaaS Service Provider of the Year, Best NaaS Vision, MEF 3.0 Carrier Ethernet Service Provider of the Year, SASE Service Provider of the Year, SD-WAN Service Provider of the Year, Service Automation Leadership, and Best Services Ecosystem Automation Platform. Finalists are:

    AT&T
    CMC Networks
    Cirion Technologies
    Colt Technology Services
    Comcast Business
    Console Connect
    Equinix
    Lumen Technologies
    Orange Business
    Orchest Technologies
    Singtel
    Sparkle
    Tata Communications
    Ufinet
    Verizon Business

    The Technology Provider category includes awards for Network Technology Vendor of the Year, Best NaaS Vision, SASE Vendor of the Year, SD-WAN Vendor of the Year, LSO Solution Provider of the Year, Most Impactful Service Automation Vendor, and Most Innovative Service Automation Vendor. Finalists are:

    Amartus
    Amdocs
    Enxoo
    Fortinet
    insidepacket
    Netcracker Technology
    Palo Alto
    VMware by Broadcom

    Additionally, outstanding individuals will be recognized for exceptional leadership with the Industry Executive of the Year award, and for positive industry impact with the Michael Howard Industry Impact award.

    “MEF’s 2024 NaaS Excellence Awards recognize the outstanding achievements and groundbreaking innovations of visionary companies and individuals driving the evolution of the global automated NaaS ecosystem,” said Nan Chen, Chief Executive Officer, MEF. “The transformative work of this year’s finalists is reshaping our industry. We’re thrilled to recognize these trailblazers and look forward to honoring their accomplishments at our gala awards ceremony during GNE in October.”

    Awards will be presented to all winners during the MEF Excellence Awards gala dinner on Oct 29 at GNE.

    For more information about the awards, please email awards@mef.net. For sponsorship opportunities or to register to attend GNE or the awards gala please visit the GNE webpage.

    About MEF
    MEF is a global consortium of service, cloud, cybersecurity, and technology providers collaborating to accelerate enterprise digital transformation. It delivers standards-based frameworks, services, technologies, APIs, and certification programs to enable Network-as-a-Service (NaaS) across an automated ecosystem. MEF is the defining authority for certified Lifecycle Service Orchestration (LSO) business and operational APIs and Carrier Ethernet, SASE, SD-WAN, Zero Trust, and Security Service Edge (SSE) technologies and services. MEF’s Global NaaS Event (GNE) convenes industry leaders building and delivering the next generation of NaaS solutions. For more information about MEF, visit MEF.net and follow us on LinkedIn and Twitter. 

    Media Contact:
    Melissa Power
    MEF
    pr@mef.net

    The MIL Network –

  • MIL-OSI: National Marine Electronics Association Names KVH TracVision UHD7 Its 2024 Satellite TV Product of Excellence

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, R.I., Sept. 24, 2024 (GLOBE NEWSWIRE) — The members of the National Marine Electronics Association recognized the performance and reliability of the TracVision® UHD7 satellite TV system from KVH Industries, Inc. (Nasdaq: KVHI) during the 2024 NMEA Conference. The advanced maritime entertainment system received the 2024 Product of Excellence Award in the Satellite TV Antenna category. It marked the 27th consecutive year that a KVH TracVision system has been honored in the marine satellite TV category.

    “We are gratified by the decision of the NMEA members to bestow this honor upon the TracVision UHD7,” remarked Jim George, KVH’s vice president of global leisure sales. “The professionals comprising NMEA are invaluable partners in our efforts to educate consumers about the dramatic changes in maritime technology, carrying out outstanding quality installations, and providing superior technical support. Their votes affirm our quality, performance, value, and innovation. Thank you to the members, and congratulations to the other honorees.”

    The NMEA annually presents its Product of Excellence Awards to recognize design, performance, and reliability in marine electronics products. NMEA members, comprising representatives of more than 600 companies, including manufacturers, dealers, and boat builders, select the winners.

    The TracVision UHD7 is a high-performance 60 cm (24 inch) marine satellite TV antenna designed to provide boat owners, charter yacht guests, and commercial vessel crews access to ultra-high-definition (UHD) and 4K programming from leading satellite TV providers.

    Note to Editors: For more information about KVH products and services, please visit https://www.kvh.com. High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary.

    About KVH Industries, Inc.

    KVH Industries, Inc. is a global leader in maritime and mobile connectivity delivered via the KVH ONE® network. The company, founded in 1982, is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and more than a dozen offices around the globe. KVH provides connectivity solutions for commercial maritime, leisure marine, military/government, and land mobile applications on vessels and vehicles, including the TracNet™, TracPhone®, and TracVision product lines, the KVH ONE OpenNet Program for non-KVH antennas, AgilePlans® Connectivity as a Service (CaaS), and the KVH Link crew wellbeing content service.

    KVH Industries, Inc., has used, registered, or applied to register its trademarks in the USA and other countries around the world, including but not limited to the following marks: KVH, KVH ONE, TracVision, TracPhone, TracNet, and AgilePlans. Other trademarks are the property of their respective companies.

    For further information, please contact:
    Chris Watson
    Vice President, Marketing & Communications
    KVH Industries, Inc.
    Tel: +1 401 845 2441
    cwatson@kvh.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aee1634e-2a7d-4c68-915a-09005f45ca13

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –