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  • MIL-OSI Africa: Building local value through skills development at the Learning and Knowledge Development Facility (LKDF) Forum 2025


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    The United Nations Industrial Development Organization (UNIDO), through its Learning and Knowledge Development Facility (LKDF) and with the support of the Swedish International Development Cooperation Agency (Sida), convened the LKDF Forum 2025 under the theme “Skills Development and Local Value Addition: Ensuring Sustainable Growth in Global Supply Chains.” The Forum took place both online and in-person at the World of Volvo in Gothenburg, Sweden. 

    Achieving sustainable, ethical supply chains requires transforming industrial processes, business relations, and workforce skills, with local value addition key to reducing dependency on external inputs and boosting resilience. For emerging markets, building local capabilities diversifies economies and creates jobs; for multinationals, localizing supply chains offers market growth, risk mitigation, and regulatory compliance. UNIDO’s Director General Gerd Müller opened the event by calling for greater investment in skills for responsible, future-oriented supply chains, declaring “To build competitive and resilient supply chains with more local value addition, more high value manufacturing and services, more market access, [and] more prosperity, skills development is absolutely key.” 

    Maria Tegborg, Acting Head of the Global Department of Sida, echoed this message, underscoring the role of technical and vocational education and training (TVET) in bridging skills gaps and improving economic outcomes, stating “we must continue to invest in skills development to ensure that supply chains operate responsibly.”

    The Forum highlighted how localizing skills and competencies across value chains—particularly in manufacturing, energy, healthcare, and industrial processing—is key to enabling multinational corporations and developing countries to thrive.   

    UNIDO’s Virpi Stucki stressed the need for systemic approaches to workforce development, explaining that strong policy frameworks and transparent supply chains must support sustainable value addition. “When combined with strong policy direction and stakeholder engagement along the way, developing the labour force can be a continuing input into national benefit,” she noted.    

    Anchoring programs in local priorities and ambitions was also a recurring theme. Enabel’s Charlotte Vanstallen stressed, “It all starts, I think, with the local objective and the local focus and the [local] ambition… it cannot be mentioned enough.” Participants agreed that without a strong local perspective, initiatives risk being ineffective or unsustainable. Early engagement of local stakeholders and tailoring programs to community needs make efforts more demand-driven, effective, scalable, and foster stronger ownership and lasting impact. 

    The discussion recognized  the importance of soft skills, sustainability literacy, ESG compliance, and attention to the informal economy, which still represents the majority of employment in many parts of the world. In this context, Caterina Occhio, Economic Inclusion and ESG Advisor at UNIDO, emphasized the power of social procurement models to professionalize informal labour, raise compliance standards, and promote living wages—contributing to what she described as a “culture shift” for sustainable sourcing. 

    The Forum underscored the need for strong cross-sectoral partnerships to close the skills gap across supply chains. UNIDO’s Public-Private Development Partnerships (PPDP) were highlighted as an effective model for aligning vocational training and education with industry demands. By leveraging the strengths of both sectors, these partnerships foster targeted training programs that integrate technical skills with sustainability practices.   

    The Forum welcomed 37 in-person participants and 231 online attendees,  from public and private sectors, civil society, academia, and international organizations. Among the distinguished participants were representatives from the Swedish International Development Cooperation Agency (Sida), the European Commission, the African Union Development Agency-NEPAD, the African Development Bank Group (AfDB), the World Trade Organization (WTO), the Volvo Group, Siemens Healthineers, Enabel, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Festo Didactic, and numerous Swedish and international companies representing a wide range of global value chains.   

    The first day of LKDF Forum 2025 concluded with a strong call to action: align national industrial policies with education and training reforms, strengthen cooperation at regional and global levels, and place local communities at the centre of development strategies. Participants were united in the view that sustainable industrialization will depend on holistic, inclusive, and partnership-based approaches to skills development and value addition.   

    The second day of the LKDF Forum 2025 featured a co-creation workshop facilitated by UNIDO’s LKDF team in partnership with the Volvo Group. Participants from public, private, and development sectors engaged in strategic discussions aimed at fostering actionable, cross-sector collaboration to strengthen skills ecosystems. This interactive session enabled meaningful exchanges and connections among attendees, laying the groundwork for future partnerships across industries and generating thirteen new PPDP project ideas. The day continued with a guided visit to the Volvo Trucks Experience Facility, where participants learned about Volvo’s history, explored the latest innovations in truck manufacturing, and even had the opportunity to test drive several vehicles. 

    Distributed by APO Group on behalf of United Nations Industrial Development Organization (UNIDO).

    MIL OSI Africa –

  • MIL-OSI Banking: Secretary-General of ASEAN joins Farewell Dinner Hosted by UK Ambassador to ASEAN

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, this evening attended a farewell dinner hosted by the Ambassador of the United Kingdom (UK) to ASEAN, H.E. Sarah Tiffin, in Jakarta. The two sides exchanged views on ways to further deepen ASEAN–UK cooperation, particularly in the leading up to the Fifth Anniversary of ASEAN–UK Dialogue Relations in 2026. Dr. Kao also conveyed his appreciation to Ambassador Tiffin for her dedication and efforts in strengthening ASEAN–UK ties during her tenure as the Ambassador of the UK to ASEAN.

    The post Secretary-General of ASEAN joins Farewell Dinner Hosted by UK Ambassador to ASEAN appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Nigeria: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria

    Source: International Monetary Fund

    Summary

    Nigeria has implemented major reforms over the last 2 years which have improved macroeconomic stability and enhanced resilience. The country successfully tapped the Eurobond market and earned a credit rating upgrade, pointing to improved confidence. Growth has been steady but too low in per-capita terms, and inflation remains high. Gains have yet to benefit all Nigerians. Food insecurity and poverty have risen. Half-way through its term, the government is now focused on raising growth, while adapting to the spillovers from the changing global environment.

    Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Currency markets, Exchange rates, Financial markets, Fiscal policy, Foreign exchange, Inflation, Oil prices, Oil production, Prices, Production, Public debt, Revenue mobilization

    Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Currency markets, Exchange rates, Inflation, Oil prices, Oil production, Revenue administration, Revenue mobilization

    MIL OSI Global Banks –

  • MIL-OSI China: How CPC is shaping China’s modernization roadmap through five-year plans

    Source: People’s Republic of China – State Council News

    As the Communist Party of China (CPC) celebrates the 104th anniversary of its founding this week, the Party’s signature five-year plans continue to serve as a roadmap for China’s modernization drive.

    This year, China is set to complete its 14th Five-Year Plan (2021-2025) and is formulating the blueprint for the next one, marking a pivotal moment in the country’s long-term strategy for national rejuvenation.

    From transforming an agrarian society into the world’s second-largest economy to charting a path toward becoming a great modern socialist country in all respects by mid-century, these plans reflect the CPC’s enduring commitment to long-term strategic vision and collective prosperity.

    Through this cyclical yet ever-evolving roadmap, China sets strategic goals, defines government priorities, regulates business operations, and mobilizes national resources — all in pursuit of its overarching objective of building a modern socialist nation.

    The country’s first plan in 1953 marked its initial push toward industrialization with the establishment of the nation’s first major steel and automobile plants. Fast-forward to the 13th (2016-2020), and it saw the completion of the world’s largest high-speed rail network.

    “Five-year plans are to China’s development what construction drawings are to building a house,” said Ran Hao, a professor at the Party School of the CPC Central Committee. “It tells the government and society which ‘floor’ to focus on and which ‘road’ to build over the next five years, helping avoid a piecemeal approach.”

    A framework, not a dogma 

    Although China’s five-year plans include quantitative targets, such as the GDP growth goal, first introduced in the seventh five-year plan, it does not mean the CPC is running a centralized planned economy.

    “It’s not about the government dictating everything; rather, the plans set the direction and priorities,” Ran said.

    Since 2006, targets have been divided into two types: binding targets, which reflect government commitments, such as reducing energy consumption per unit of GDP, and anticipatory targets, which represent desired outcomes like GDP growth, to be pursued primarily through market mechanisms.

    In a break from tradition, the 14th Five-Year Plan did not set a quantitative target for GDP growth; instead, it described expected growth in broader terms, in part to emphasize quality over speed.

    “Five-year plans are suited to the Chinese mentality and the Chinese idea of thinking long-term,” said British scholar Martin Jacques. For millennia, Confucian classics have taught that those who plan ahead are more likely to succeed.

    China’s five-year plans set clear goals but give regions the leeway needed to tailor their own pathways. National plans are broad frameworks that guide local governments in creating their own action plans, explained Yin Jun, a researcher with the Peking University.

    At present, the CPC is drafting proposals for the country’s 15th Five-Year Plan (2026-2030).

    Observers said the upcoming plan will emphasize a future-oriented approach to global challenges, foster new quality productive forces, and strengthen the social safety net to improve public well-being.

    Planning with collective efforts 

    Given their far-reaching impact, China’s five-year plans are developed over several years, and informed by research, expert reviews, inter-agency coordination and public consultation. For example, work on the current 14th Five-Year Plan began as early as 2018.

    While drafting the five-year plan, the CPC highly values public inputs, which reflect society’s needs and help foster consensus. In 2020, for the first time, public advice was collected online, with suggestions like mutual-aid elderly care included in the final plan.

    Over three months that year, seven symposiums were held with the Party’s leader meeting with entrepreneurs, experts, local officials, and representatives from the grassroots level to listen to their suggestions.

    The combination of top-level planning with public participation continued this year. In May, major media platforms invited public feedback, and netizens proposed improvements such as enhancing rural express delivery infrastructure and installing elevators in older communities, among other ideas.

    An old saying from Sun Tzu’s “The Art of War” offers insight into the success of China’s five-year plans: Triumph comes when the leaders and the people share the same goal.

    Impact beyond borders 

    China’s five-year plans not only guide national development but also offer opportunities for global investors.

    Madiyar Tukpatov, chairman of a public transport company in Astana, Kazakhstan, visited China earlier this year to research electric buses. His company began using Chinese electric buses in 2020 and plans to further integrate Chinese EV technology into Astana’s transport system.

    New energy vehicles (NEVs) have been developed as a strategic industry over several five-year plans. Their production and sales each exceeded 12.8 million units in 2024, maintaining China’s position as the global leader in this sector for 10 consecutive years. Chinese NEVs can be found in over 70 countries and regions.

    Benjamin Mgana, chief editor of foreign news at The Guardian newspaper in Tanzania, praised China’s approach to planning, saying it demonstrates that developing countries can create workable strategies based on their own realities, rather than copying Western models.

    Inspired by China’s success, a growing number of countries have adopted their own medium- to long-term strategies. Poland, Ethiopia and Tanzania have sought support from Chinese institutions to assist in their planning process.

    MIL OSI China News –

  • MIL-OSI: Surveillance & Monitoring Expected to be Largest Revenue Opportunity for Drone as a Service (DaaS) Market Through 2030

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The drone surveying market is expected to continue to sustain and continue to gain momentum due to increasing demand for aerial intelligence and high-precision mapping across major sectors such as agriculture, mining, construction, and environmental monitoring. A report from Fact.MR analysis indicates that the industry will be valued at USD 1.97 billion in 2025 and will grow to USD 11.49 billion by 2035, at a strong CAGR of 19.3% during the period. The report said: “Technological improvements in LiDAR, thermal imaging, and real-time stream of data over the past three years have dramatically improved safety and efficiency in drone surveying. Drones are increasingly being employed by governments and institutions for commercial use as they are safe, accurate, and cost-effective. Fact.MR believes that support from the authorities, especially in Europe and North America, is fueling commercial usage with better codes in the law. The increasing demand for high-precision geospatial intelligence is one of the key drivers of the adoption of drone surveying. Fact.MR research is of the view that the mining, agriculture, oil & gas, and infrastructure sectors increasingly depend on drones to maximize planning, minimize human risk, and digitize high-resolution terrain information with cost-efficient scalability across vast and inaccessible areas. The enormous digital revolution in the industrial sectors continues to accelerate demand. Combining drones with AI analytics, GIS platforms, and cloud systems enables real-time processing and decision-making. Fact. MR believes that the combination of drone technology with automation and IoT is revolutionizing conventional surveying processes into dynamic data-driven ecosystems.”   Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), Trimble Inc. (NASDAQ: TRMB), NVIDIA Corporation (NASDAQ: NVDA), Amazon (NASDAQ: AMZN).

    Fact.MR continued: “The drone surveying industry is segmented by survey type into land survey, property survey, rail survey, and infrastructure survey. By end-use industry, it is categorized into energy, construction, transportation & warehouse, agriculture, mining, oil & gas extraction, public administration, and real estate & industrial plant. Regionally, the industry spans North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. IT concluded: “During the period 2025 to 2035, the infrastructure survey will be the most remunerative survey type segment, driven by the worldwide boom in urbanization, smart city programs, and projects for modernizing public infrastructure. Due to this increasing dependence and favorable regulatory changes across UAV use in civil infrastructure, the infrastructure survey segment is expected to grow at a CAGR of 22.6% from 2025 to 2035, ahead of the industry average of 19.3%.”

    ZenaTech (NASDAQ:ZENA) Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation.

    With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition positions ZenaTech to scale its Drone as a Service or DaaS survey operations. It also provides significant opportunity to expand into California’s wine and agriculture sectors using advanced drone capabilities including aerial imaging, precision spraying, irrigation analytics, and wildfire detection and monitoring in high-risk areas.

    “This proposed acquisition is more than just our first Southwest region location — it’s a strategic foothold into a high-value, high-growth state for precision agriculture,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The firm is a natural fit to help execute our growth strategy for crop health monitoring and precision spraying to serve viticulture, large estates, and commercial farming operations across California.”

    With the global agricultural drone market projected to reach USD 10.3 billion by 2030, driven by rising demand for precision technologies in farming, California stands out as a key growth region as well as being home to nearly 90% of all US vineyard acreage. Considering California’s mounting climate and agricultural challenges, ZenaTech’s AI-powered autonomous drone solutions offer timely, scalable innovation that serves the needs of commercial enterprises, cooperatives, agriculture consultants, and public sector stakeholders.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed six acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete approximately 20 more in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS) recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    “This collaboration with Mistral accelerates and strengthens our commercial strategy in the U.S., enhancing our ability to deliver mission-ready autonomous systems to the homeland security and defense sectors,” said Eric Brock, Chairman and CEO of Ondas Holdings. “We are witnessing increased demand for advanced aerial intelligence and counter-drone solutions, and Mistral’s deep relationships, experience, and operational know-how make them an ideal partner to scale our footprint in this critical market.”

    Trimble Inc. (NASDAQ: TRMB)‘s Trimble Stratus – With Trimble Stratus Software, one can use drone data to map, measure, and manage worksite and assets. Connect the right information to the right people at the right time.

    Survey Frequently and Faster – Get accurate, up-to-date topographic surveys whenever you need without having to bring in a survey crew – Avoid information bottlenecks by getting answers to questions yourself with an intuitive, web-based tool – Survey inaccessible or hazardous areas safely using a drone.

    NVIDIA Corporation (NASDAQ: NVDA) – Nvidia AI Technology Added to Vision for Autonomous Drones – Generative AI modules aim to upgrade Foresight’s vision systems with additional computing power – Vision software company Foresight Autonomous Holdings has integrated Nvidia’s Jetson Orin generative AI computing modules into its 3D-perception system.

    Foresight is using Nvidia’s Jetson Orin Nano and Jetson AGX Orin modules to improve the capabilities of its perception systems deployed in various use cases, with a major focus on autonomous drones and unmanned aerial vehicles.

    The Jetson modules, which are used in generative AI, computer vision and advanced robotics, upgrade Foresight’s vision system with the computing power needed for autonomous drones and UAVs, according to Foresight.

    Amazon (NASDAQ: AMZN) – Amazon’s drones deliver items in 60 minutes or less—here’s how we simplified the process. – Prime Air built an easy-to-use customer experience to make ordering and receiving a wide selection of items via drone delivery faster than ever. It’s never been easier to receive a drone delivery from Amazon if you live in one of the locations where we currently offer it. From tapping the “place your order” button to seeing the item delivered, the entire process takes 60 minutes or less. So, if you realize you need more sunscreen or forgot you needed more batteries, but don’t have time to make a trip to the store, Amazon has you covered.

    It all starts at Amazon.com or in the Amazon Shopping app. Customers can choose more than 60,000 items for drone delivery as our selection continues to grow. Recently, we received FAA approval to deliver several new categories of items, including devices like Apple iPhones, Samsung Galaxy cellphones, Apple AirTags, Apple AirPods, Ring doorbells, and Alpha Grillers Instant Read Food Thermometers. All you need to do is select the drone delivery option when you check out if you’re in an eligible area and the item in your cart is 5 pounds or less.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:
    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Surveillance & Monitoring Expected to be Largest Revenue Opportunity for Drone as a Service (DaaS) Market Through 2030

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The drone surveying market is expected to continue to sustain and continue to gain momentum due to increasing demand for aerial intelligence and high-precision mapping across major sectors such as agriculture, mining, construction, and environmental monitoring. A report from Fact.MR analysis indicates that the industry will be valued at USD 1.97 billion in 2025 and will grow to USD 11.49 billion by 2035, at a strong CAGR of 19.3% during the period. The report said: “Technological improvements in LiDAR, thermal imaging, and real-time stream of data over the past three years have dramatically improved safety and efficiency in drone surveying. Drones are increasingly being employed by governments and institutions for commercial use as they are safe, accurate, and cost-effective. Fact.MR believes that support from the authorities, especially in Europe and North America, is fueling commercial usage with better codes in the law. The increasing demand for high-precision geospatial intelligence is one of the key drivers of the adoption of drone surveying. Fact.MR research is of the view that the mining, agriculture, oil & gas, and infrastructure sectors increasingly depend on drones to maximize planning, minimize human risk, and digitize high-resolution terrain information with cost-efficient scalability across vast and inaccessible areas. The enormous digital revolution in the industrial sectors continues to accelerate demand. Combining drones with AI analytics, GIS platforms, and cloud systems enables real-time processing and decision-making. Fact. MR believes that the combination of drone technology with automation and IoT is revolutionizing conventional surveying processes into dynamic data-driven ecosystems.”   Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ondas Holdings Inc. (NASDAQ: ONDS), Trimble Inc. (NASDAQ: TRMB), NVIDIA Corporation (NASDAQ: NVDA), Amazon (NASDAQ: AMZN).

    Fact.MR continued: “The drone surveying industry is segmented by survey type into land survey, property survey, rail survey, and infrastructure survey. By end-use industry, it is categorized into energy, construction, transportation & warehouse, agriculture, mining, oil & gas extraction, public administration, and real estate & industrial plant. Regionally, the industry spans North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. IT concluded: “During the period 2025 to 2035, the infrastructure survey will be the most remunerative survey type segment, driven by the worldwide boom in urbanization, smart city programs, and projects for modernizing public infrastructure. Due to this increasing dependence and favorable regulatory changes across UAV use in civil infrastructure, the infrastructure survey segment is expected to grow at a CAGR of 22.6% from 2025 to 2035, ahead of the industry average of 19.3%.”

    ZenaTech (NASDAQ:ZENA) Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation.

    With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition positions ZenaTech to scale its Drone as a Service or DaaS survey operations. It also provides significant opportunity to expand into California’s wine and agriculture sectors using advanced drone capabilities including aerial imaging, precision spraying, irrigation analytics, and wildfire detection and monitoring in high-risk areas.

    “This proposed acquisition is more than just our first Southwest region location — it’s a strategic foothold into a high-value, high-growth state for precision agriculture,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The firm is a natural fit to help execute our growth strategy for crop health monitoring and precision spraying to serve viticulture, large estates, and commercial farming operations across California.”

    With the global agricultural drone market projected to reach USD 10.3 billion by 2030, driven by rising demand for precision technologies in farming, California stands out as a key growth region as well as being home to nearly 90% of all US vineyard acreage. Considering California’s mounting climate and agricultural challenges, ZenaTech’s AI-powered autonomous drone solutions offer timely, scalable innovation that serves the needs of commercial enterprises, cooperatives, agriculture consultants, and public sector stakeholders.

    ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

    The company has closed six acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete approximately 20 more in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ: ONDS) recently announced that its subsidiary, American Robotics Inc., has entered into a strategic partnership with Mistral Inc. (“Mistral”), a Maryland-based business development and defense contracting firm. The agreement focuses on joint marketing, sales, and integration of the Optimus drone system and Iron Drone Raider into the United States defense and homeland security markets.

    Under the agreement, Mistral will support American Robotics’ business development by opening sales channels through its well-established relationships with U.S. governmental buyers, including federal, state, local law enforcement, military, and homeland security entities. The initial term of the agreement is three years, with an automatic renewal option and a structured success fee model based on realized sales.

    “This collaboration with Mistral accelerates and strengthens our commercial strategy in the U.S., enhancing our ability to deliver mission-ready autonomous systems to the homeland security and defense sectors,” said Eric Brock, Chairman and CEO of Ondas Holdings. “We are witnessing increased demand for advanced aerial intelligence and counter-drone solutions, and Mistral’s deep relationships, experience, and operational know-how make them an ideal partner to scale our footprint in this critical market.”

    Trimble Inc. (NASDAQ: TRMB)‘s Trimble Stratus – With Trimble Stratus Software, one can use drone data to map, measure, and manage worksite and assets. Connect the right information to the right people at the right time.

    Survey Frequently and Faster – Get accurate, up-to-date topographic surveys whenever you need without having to bring in a survey crew – Avoid information bottlenecks by getting answers to questions yourself with an intuitive, web-based tool – Survey inaccessible or hazardous areas safely using a drone.

    NVIDIA Corporation (NASDAQ: NVDA) – Nvidia AI Technology Added to Vision for Autonomous Drones – Generative AI modules aim to upgrade Foresight’s vision systems with additional computing power – Vision software company Foresight Autonomous Holdings has integrated Nvidia’s Jetson Orin generative AI computing modules into its 3D-perception system.

    Foresight is using Nvidia’s Jetson Orin Nano and Jetson AGX Orin modules to improve the capabilities of its perception systems deployed in various use cases, with a major focus on autonomous drones and unmanned aerial vehicles.

    The Jetson modules, which are used in generative AI, computer vision and advanced robotics, upgrade Foresight’s vision system with the computing power needed for autonomous drones and UAVs, according to Foresight.

    Amazon (NASDAQ: AMZN) – Amazon’s drones deliver items in 60 minutes or less—here’s how we simplified the process. – Prime Air built an easy-to-use customer experience to make ordering and receiving a wide selection of items via drone delivery faster than ever. It’s never been easier to receive a drone delivery from Amazon if you live in one of the locations where we currently offer it. From tapping the “place your order” button to seeing the item delivered, the entire process takes 60 minutes or less. So, if you realize you need more sunscreen or forgot you needed more batteries, but don’t have time to make a trip to the store, Amazon has you covered.

    It all starts at Amazon.com or in the Amazon Shopping app. Customers can choose more than 60,000 items for drone delivery as our selection continues to grow. Recently, we received FAA approval to deliver several new categories of items, including devices like Apple iPhones, Samsung Galaxy cellphones, Apple AirTags, Apple AirPods, Ring doorbells, and Alpha Grillers Instant Read Food Thermometers. All you need to do is select the drone delivery option when you check out if you’re in an eligible area and the item in your cart is 5 pounds or less.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: PLUMAS BANCORP ACQUIRES CORNERSTONE COMMUNITY BANCORP

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., July 02, 2025 (GLOBE NEWSWIRE) — Plumas Bancorp (“Plumas”) (Nasdaq: PLBC) announced today the completion of its acquisition of Cornerstone Community Bancorp (“Cornerstone”), the holding company for Cornerstone Community Bank, effective July 1, 2025. On the same day, Cornerstone Community Bank merged with and into Plumas’s subsidiary, Plumas Bank. The transaction was previously announced on January 28, 2025.

    Under the terms of the merger agreement between Plumas and Cornerstone, each issued and outstanding share of common stock of Cornerstone was converted into the right to receive a combination of 0.6608 shares of Plumas common stock and $9.75 in cash. The value of the total deal consideration was approximately $61.3 million, based on the closing price of Plumas common stock of $44.46 per share on June 30, 2025.

    “We are pleased to welcome the clients, employees, and shareholders of Cornerstone,” said Andrew J. Ryback, President and Chief Executive Officer, Plumas Bancorp. “This transaction is a pivotal milestone in our company’s evolution. By integrating Cornerstone Community Bank’s deep local expertise with Plumas Bank’s advanced technology and small business solutions, we are enhancing the services available to our communities. We look forward to providing long-term value to our combined shareholders, clients, team members, and communities we serve.”

    In accordance with the merger agreement, Plumas appointed Ken Robison, a director of Cornerstone, to the board of directors of Plumas and Plumas Bank effective as of July 1, 2025. Mr. Robison is president and broker/owner of Robison Real Estate Corporation in Red Bluff, Calif., and former owner of RE/Max Top Properties. Robison is active in the Tehama and Shasta communities, previously serving on the Red Bluff City Council and as Mayor of Red Bluff for two terms. Robison holds an MBA from California State University, Chico.

    In addition, Cornerstone’s President and Chief Executive Officer, Matthew B. Moseley, will continue with Plumas Bank as Executive Vice President and Market President. Moseley joined Cornerstone Community Bank in August 2011 as a senior vice president/credit administrator. He was promoted to positions as the bank’s executive vice president/chief lending officer, executive vice president/chief banking officer, and executive vice president/chief credit officer. In 2022, Moseley assumed the role of president and CEO of Cornerstone Community Bank and Cornerstone Community Bancorp. Moseley is an honors graduate of Simpson University and an honors graduate of Pacific Coast Banking School.

    Director, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank, Andrew J. Ryback, remarked, “We are pleased to welcome Ken Robison to the board. His extensive involvement in communities within our expanded footprint and knowledge of real estate markets will help us grow and prosper in this region for years to come. We are also excited to welcome Matt Moseley to the executive team as Market President. His wealth of leadership experience, deep credit expertise, and strong regional connections will be invaluable in driving success for our company, clients, and the communities we serve.”

    Robison commented, “I am grateful for the opportunity to serve on the Plumas Bancorp Board and excited to contribute to its ongoing success. The core values of Plumas Bank closely align with those of Cornerstone Community Bank, reinforcing a shared commitment to community growth. I am confident that Plumas Bank’s dedication to its communities will lead to enhanced services in the region. I look forward to supporting the bank’s efforts in delivering innovative financial solutions to small businesses, entrepreneurs, and families in northern California and beyond.”

    Moseley stated, “I am thrilled to join Plumas Bank as we embark on this exciting new chapter together. The synergy between our teams, shared values, and commitment to excellence make this transition seamless and full of potential. I look forward to collaborating to drive innovation, enhance services, and create even greater opportunities for our clients and communities. This is a powerful moment for growth, and I am eager to contribute to the future success of our combined organizations.”

    As of March 31, 2025, Cornerstone had total assets of $648 million, total loans outstanding of $492 million and total deposits of $572 million. With the completion of the merger, Plumas Bank adds four branches in Anderson, Red Bluff and Redding (two branches), California.

    With the addition of Cornerstone, on a pro forma combined basis, Plumas had total assets of approximately $2.3 billion, total loans outstanding of approximately $1.5 billion and total deposits of approximately $1.9 billion as of March 31, 2025 (unaudited).

    Raymond James & Associates, Inc. served as financial advisor to Plumas in the transaction. Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to Plumas. Performance Trust Capital Partners, LLC served as financial advisor to Cornerstone and delivered a fairness opinion to its board of directors. Gary Steven Findley & Associates served as legal counsel to Cornerstone.

    Investor Relations Contact:

    Plumas Bancorp
    5525 Kietzke Lane Ste. 100
    Reno, NV 89511
    775.786.0907 x8908
    investorrelations@plumasbank.com

    Cautionary Note Regarding Forward-Looking Statements

    This release contains “forward-looking statements” that are subject to the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include but are not limited to plans, expectations, projections, and statements about Plumas and the benefits of the merger and other statements that are not historical facts. Forward-looking statements involve risks and uncertainties that are difficult to predict. Factors that could cause or contribute to results differing from those in or implied in the forward-looking statements include but are not limited to the ability of Plumas successfully integrate Cornerstone’s business with its own; cost savings being less than anticipated; changes in economic conditions; the risk that the merger disrupts the business of Plumas, Cornerstone or both; difficulties in retaining senior management, employees or customers; and other factors that may affect the future results of the combined company. Further information regarding risk factors is contained in Plumas’s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2024 and its registration statement on Form S-4 with respect to merger, copies of which are available on the SEC’s website at www.sec.gov and the investor relations section of Plumas’s website at www.plumasbank.com. Forward-looking statements made in this release speak only as of the date of this release. Plumas undertakes no obligation to revise or publicly release any revision or update to these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

    The MIL Network –

  • MIL-OSI: PLUMAS BANCORP ACQUIRES CORNERSTONE COMMUNITY BANCORP

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., July 02, 2025 (GLOBE NEWSWIRE) — Plumas Bancorp (“Plumas”) (Nasdaq: PLBC) announced today the completion of its acquisition of Cornerstone Community Bancorp (“Cornerstone”), the holding company for Cornerstone Community Bank, effective July 1, 2025. On the same day, Cornerstone Community Bank merged with and into Plumas’s subsidiary, Plumas Bank. The transaction was previously announced on January 28, 2025.

    Under the terms of the merger agreement between Plumas and Cornerstone, each issued and outstanding share of common stock of Cornerstone was converted into the right to receive a combination of 0.6608 shares of Plumas common stock and $9.75 in cash. The value of the total deal consideration was approximately $61.3 million, based on the closing price of Plumas common stock of $44.46 per share on June 30, 2025.

    “We are pleased to welcome the clients, employees, and shareholders of Cornerstone,” said Andrew J. Ryback, President and Chief Executive Officer, Plumas Bancorp. “This transaction is a pivotal milestone in our company’s evolution. By integrating Cornerstone Community Bank’s deep local expertise with Plumas Bank’s advanced technology and small business solutions, we are enhancing the services available to our communities. We look forward to providing long-term value to our combined shareholders, clients, team members, and communities we serve.”

    In accordance with the merger agreement, Plumas appointed Ken Robison, a director of Cornerstone, to the board of directors of Plumas and Plumas Bank effective as of July 1, 2025. Mr. Robison is president and broker/owner of Robison Real Estate Corporation in Red Bluff, Calif., and former owner of RE/Max Top Properties. Robison is active in the Tehama and Shasta communities, previously serving on the Red Bluff City Council and as Mayor of Red Bluff for two terms. Robison holds an MBA from California State University, Chico.

    In addition, Cornerstone’s President and Chief Executive Officer, Matthew B. Moseley, will continue with Plumas Bank as Executive Vice President and Market President. Moseley joined Cornerstone Community Bank in August 2011 as a senior vice president/credit administrator. He was promoted to positions as the bank’s executive vice president/chief lending officer, executive vice president/chief banking officer, and executive vice president/chief credit officer. In 2022, Moseley assumed the role of president and CEO of Cornerstone Community Bank and Cornerstone Community Bancorp. Moseley is an honors graduate of Simpson University and an honors graduate of Pacific Coast Banking School.

    Director, President and Chief Executive Officer of Plumas Bancorp and Plumas Bank, Andrew J. Ryback, remarked, “We are pleased to welcome Ken Robison to the board. His extensive involvement in communities within our expanded footprint and knowledge of real estate markets will help us grow and prosper in this region for years to come. We are also excited to welcome Matt Moseley to the executive team as Market President. His wealth of leadership experience, deep credit expertise, and strong regional connections will be invaluable in driving success for our company, clients, and the communities we serve.”

    Robison commented, “I am grateful for the opportunity to serve on the Plumas Bancorp Board and excited to contribute to its ongoing success. The core values of Plumas Bank closely align with those of Cornerstone Community Bank, reinforcing a shared commitment to community growth. I am confident that Plumas Bank’s dedication to its communities will lead to enhanced services in the region. I look forward to supporting the bank’s efforts in delivering innovative financial solutions to small businesses, entrepreneurs, and families in northern California and beyond.”

    Moseley stated, “I am thrilled to join Plumas Bank as we embark on this exciting new chapter together. The synergy between our teams, shared values, and commitment to excellence make this transition seamless and full of potential. I look forward to collaborating to drive innovation, enhance services, and create even greater opportunities for our clients and communities. This is a powerful moment for growth, and I am eager to contribute to the future success of our combined organizations.”

    As of March 31, 2025, Cornerstone had total assets of $648 million, total loans outstanding of $492 million and total deposits of $572 million. With the completion of the merger, Plumas Bank adds four branches in Anderson, Red Bluff and Redding (two branches), California.

    With the addition of Cornerstone, on a pro forma combined basis, Plumas had total assets of approximately $2.3 billion, total loans outstanding of approximately $1.5 billion and total deposits of approximately $1.9 billion as of March 31, 2025 (unaudited).

    Raymond James & Associates, Inc. served as financial advisor to Plumas in the transaction. Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to Plumas. Performance Trust Capital Partners, LLC served as financial advisor to Cornerstone and delivered a fairness opinion to its board of directors. Gary Steven Findley & Associates served as legal counsel to Cornerstone.

    Investor Relations Contact:

    Plumas Bancorp
    5525 Kietzke Lane Ste. 100
    Reno, NV 89511
    775.786.0907 x8908
    investorrelations@plumasbank.com

    Cautionary Note Regarding Forward-Looking Statements

    This release contains “forward-looking statements” that are subject to the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include but are not limited to plans, expectations, projections, and statements about Plumas and the benefits of the merger and other statements that are not historical facts. Forward-looking statements involve risks and uncertainties that are difficult to predict. Factors that could cause or contribute to results differing from those in or implied in the forward-looking statements include but are not limited to the ability of Plumas successfully integrate Cornerstone’s business with its own; cost savings being less than anticipated; changes in economic conditions; the risk that the merger disrupts the business of Plumas, Cornerstone or both; difficulties in retaining senior management, employees or customers; and other factors that may affect the future results of the combined company. Further information regarding risk factors is contained in Plumas’s filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2024 and its registration statement on Form S-4 with respect to merger, copies of which are available on the SEC’s website at www.sec.gov and the investor relations section of Plumas’s website at www.plumasbank.com. Forward-looking statements made in this release speak only as of the date of this release. Plumas undertakes no obligation to revise or publicly release any revision or update to these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

    The MIL Network –

  • MIL-OSI: Rate’s Jennifer Beeston Named 2025 HousingWire Woman of Influence

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 02, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, today announced that Jennifer Beeston, EVP of National Sales, has been named a 2025 Woman of Influence by HousingWire. Now in its 16th year, the Women of Influence program honors 100 women across mortgage, real estate, and fintech who are making a measurable impact on their organizations and the broader housing economy.

    “The Women of Influence award highlights the leaders whose work is actively shaping the future of housing, something HousingWire has been committed to recognizing since the program launched 16 years ago,” said Clayton Collins, CEO of HW Media. “HousingWire Women of Influence honorees are leading meaningful progress across the housing economy, with influence spanning mortgage, real estate, and the entire homeownership experience. They’re driving real results at some of the industry’s most impactful organizations.”

    A mortgage loan officer for 18 years, Beeston consistently ranks among the top purchase loan officers in the country. She is the first woman to be named the #1 VA loan originator by Scotsman Guide and currently holds the top spot for VA purchase loan originations nationwide for the second consecutive year.

    Beeston is passionate about financial education. “Every American should understand the basics of finance, including how to buy a house. Homeownership is the cornerstone of wealth creation in America. I educate people on YouTube so that anyone with an interest has access to easy-to-understand information that can help them achieve their financial goals.”

    Media frequently seeks her out for her insights at the intersection of financial education and innovation, including the entry of cryptocurrency into the mortgage lending conversation. On the topic, Beeston notes:

    “As the financial landscape evolves, it’s important for lending to keep pace. Allowing borrowers to count cryptocurrency toward their reserve requirements is a smart, forward-looking move, as long as it’s done responsibly. Many financially savvy clients are building wealth in digital assets, and they shouldn’t have to liquidate just to qualify for a home. We need to meet people where they are while maintaining sensible guardrails.” For more on this topic from Beeston, please listen to this recent interview with Host Josh Lipton on Yahoo Finance.

    As she serves customers nationwide, she combines Rate technology and diverse loan programs with a mission-driven approach. Her platform has earned the trust of over 100,000 YouTube subscribers and garnered national recognition as a trusted expert from prominent outlets, including NewsNation, Yahoo Finance, Fox, Newsweek, and Fortune.

    “Jennifer is the definition of a mission-driven leader,” said Shant Banosian, President of Rate. “She brings passion, intelligence, and heart to everything she does, and the impact she’s made on our business, our team, and the industry at large is nothing short of extraordinary. We’re incredibly proud to see her recognized by HousingWire as a Woman of Influence.”

    In addition to being a top producer, Beeston is the creator of NoStressVA.com, a free online course designed to help veterans and industry professionals better understand and navigate the VA home loan benefit. Her advocacy work combats misinformation and empowers borrowers to make informed decisions—an approach that aligns closely with Rate’s commitment to transparency and consumer-first lending.

    She is also the author of Brainhacked: How Big Tech Trains You to Spend and How to Fight Back, a guide to staying true to your financial goals in the modern era of “click, click, buy.”

    Beeston is a mentor and cultural force within Rate. Her consumer advocacy has generated meaningful brand equity, and inspired colleagues across the organization. Through her voice, content, and leadership, she has become one of the most trusted names in lending.

    “It’s an honor to be named among this year’s Women of Influence,” said Beeston. “The mortgage industry is transforming at a record pace. From new and exciting developments in AI to potential crypto integration, conscious and thoughtful leadership is crucial in ensuring we act in the best interest of our clients and enhance their experience and options for homeownership. This group represents some of the most inspiring, forward-thinking leaders in housing today. I’m proud to stand alongside those who are reimagining how we serve Americans, build trust, and expand access to homeownership. Together, we’re helping shape a more transparent future for the industry.”

    HousingWire’s editorial team selected winners and a panel of industry professionals based on their professional accomplishments, industry contributions, community involvement, and overall influence. The 2025 list reflects the depth and diversity of talent that will lead housing into the future.

    To view the complete list of this year’s honorees, see here: https://www.housingwire.com/articles/announcing-the-2025-women-of-influence/

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine’s Lender of the Year for seven consecutive years.

    Visit rate.com for more information.

    About HousingWire

    HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

    Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

    Explore more at www.housingwire.com.

    Media Contact(s)

    For Rate:

    press@rate.com

    For HousingWire:

    Lesley Collins
    lesley@hwmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8646a05d-31e9-4ce4-82b1-cbd3b5d4c94a

    The MIL Network –

  • MIL-OSI: Rate’s Jennifer Beeston Named 2025 HousingWire Woman of Influence

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 02, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, today announced that Jennifer Beeston, EVP of National Sales, has been named a 2025 Woman of Influence by HousingWire. Now in its 16th year, the Women of Influence program honors 100 women across mortgage, real estate, and fintech who are making a measurable impact on their organizations and the broader housing economy.

    “The Women of Influence award highlights the leaders whose work is actively shaping the future of housing, something HousingWire has been committed to recognizing since the program launched 16 years ago,” said Clayton Collins, CEO of HW Media. “HousingWire Women of Influence honorees are leading meaningful progress across the housing economy, with influence spanning mortgage, real estate, and the entire homeownership experience. They’re driving real results at some of the industry’s most impactful organizations.”

    A mortgage loan officer for 18 years, Beeston consistently ranks among the top purchase loan officers in the country. She is the first woman to be named the #1 VA loan originator by Scotsman Guide and currently holds the top spot for VA purchase loan originations nationwide for the second consecutive year.

    Beeston is passionate about financial education. “Every American should understand the basics of finance, including how to buy a house. Homeownership is the cornerstone of wealth creation in America. I educate people on YouTube so that anyone with an interest has access to easy-to-understand information that can help them achieve their financial goals.”

    Media frequently seeks her out for her insights at the intersection of financial education and innovation, including the entry of cryptocurrency into the mortgage lending conversation. On the topic, Beeston notes:

    “As the financial landscape evolves, it’s important for lending to keep pace. Allowing borrowers to count cryptocurrency toward their reserve requirements is a smart, forward-looking move, as long as it’s done responsibly. Many financially savvy clients are building wealth in digital assets, and they shouldn’t have to liquidate just to qualify for a home. We need to meet people where they are while maintaining sensible guardrails.” For more on this topic from Beeston, please listen to this recent interview with Host Josh Lipton on Yahoo Finance.

    As she serves customers nationwide, she combines Rate technology and diverse loan programs with a mission-driven approach. Her platform has earned the trust of over 100,000 YouTube subscribers and garnered national recognition as a trusted expert from prominent outlets, including NewsNation, Yahoo Finance, Fox, Newsweek, and Fortune.

    “Jennifer is the definition of a mission-driven leader,” said Shant Banosian, President of Rate. “She brings passion, intelligence, and heart to everything she does, and the impact she’s made on our business, our team, and the industry at large is nothing short of extraordinary. We’re incredibly proud to see her recognized by HousingWire as a Woman of Influence.”

    In addition to being a top producer, Beeston is the creator of NoStressVA.com, a free online course designed to help veterans and industry professionals better understand and navigate the VA home loan benefit. Her advocacy work combats misinformation and empowers borrowers to make informed decisions—an approach that aligns closely with Rate’s commitment to transparency and consumer-first lending.

    She is also the author of Brainhacked: How Big Tech Trains You to Spend and How to Fight Back, a guide to staying true to your financial goals in the modern era of “click, click, buy.”

    Beeston is a mentor and cultural force within Rate. Her consumer advocacy has generated meaningful brand equity, and inspired colleagues across the organization. Through her voice, content, and leadership, she has become one of the most trusted names in lending.

    “It’s an honor to be named among this year’s Women of Influence,” said Beeston. “The mortgage industry is transforming at a record pace. From new and exciting developments in AI to potential crypto integration, conscious and thoughtful leadership is crucial in ensuring we act in the best interest of our clients and enhance their experience and options for homeownership. This group represents some of the most inspiring, forward-thinking leaders in housing today. I’m proud to stand alongside those who are reimagining how we serve Americans, build trust, and expand access to homeownership. Together, we’re helping shape a more transparent future for the industry.”

    HousingWire’s editorial team selected winners and a panel of industry professionals based on their professional accomplishments, industry contributions, community involvement, and overall influence. The 2025 list reflects the depth and diversity of talent that will lead housing into the future.

    To view the complete list of this year’s honorees, see here: https://www.housingwire.com/articles/announcing-the-2025-women-of-influence/

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine’s Lender of the Year for seven consecutive years.

    Visit rate.com for more information.

    About HousingWire

    HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

    Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

    Explore more at www.housingwire.com.

    Media Contact(s)

    For Rate:

    press@rate.com

    For HousingWire:

    Lesley Collins
    lesley@hwmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8646a05d-31e9-4ce4-82b1-cbd3b5d4c94a

    The MIL Network –

  • MIL-OSI: Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin

    Source: GlobeNewswire (MIL-OSI)

    Houston, TX, July 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the acquisition of certain assets from Edge Energy II LLC (“Edge Energy”) in an off-market transaction for $12.5 million in cash, funded through the Company’s credit facility, resulting in a non-dilutive transaction for shareholders.

    “This strategic and highly accretive bolt-on acquisition enhances our existing footprint in the DJ Basin,” said Edward Kovalik, Chairman and CEO. “With a high working interest, established cash flow, and development-ready drilling locations, this transaction aligns with our capital allocation strategy and adds near-term value and long-term inventory.”

    The Edge Energy acquisition represents a strategic addition of approximately 11,000 net acres to expand Prairie’s DJ Basin footprint to approximately 60,000 net acres. The attractive mix of current production and future development of the Edge Energy assets enhances Prairie’s inventory depth, accelerates near-term development plans, and supports continued cash flow growth.

    KEY TRANSACTION HIGHLIGHTS

    • Acquisition Price: $12.5 million
    • Non-Dilutive: Cash transaction utilizing credit facility
    • Net Acres: ~11,000
    • Current Production: ~190 Boepd (from 47 operated and non-operated PDP wells)
    • Working Interest: ~88%
    • Future Inventory: 40 (two-mile laterals)
    • Permits: Eight approved permits and eight additional permits in process
    • Development-Ready: Simpson pad fully permitted and ready to drill

    DEVELOPMENT AND INTEGRATION PLANS

    The Company plans to commence development of the acquired assets in August 2025, starting with the fully permitted Simpson pad. Simultaneously, the Company will begin permitting additional PUD locations to enable near-term future development. This acquisition delivers immediate scale, existing production, and a clear path to growth through high-quality operated drilling inventory.

    About Prairie Operating Co.

    Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation. More information about the Company can be found at www.prairieopco.com.

    Cautionary Statement about Forward-Looking Statements

    The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov. 

    Investor Relations Contact:

    Wobbe Ploegsma
    info@prairieopco.com
    832.274.3449

    The MIL Network –

  • MIL-OSI: Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin

    Source: GlobeNewswire (MIL-OSI)

    Houston, TX, July 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the acquisition of certain assets from Edge Energy II LLC (“Edge Energy”) in an off-market transaction for $12.5 million in cash, funded through the Company’s credit facility, resulting in a non-dilutive transaction for shareholders.

    “This strategic and highly accretive bolt-on acquisition enhances our existing footprint in the DJ Basin,” said Edward Kovalik, Chairman and CEO. “With a high working interest, established cash flow, and development-ready drilling locations, this transaction aligns with our capital allocation strategy and adds near-term value and long-term inventory.”

    The Edge Energy acquisition represents a strategic addition of approximately 11,000 net acres to expand Prairie’s DJ Basin footprint to approximately 60,000 net acres. The attractive mix of current production and future development of the Edge Energy assets enhances Prairie’s inventory depth, accelerates near-term development plans, and supports continued cash flow growth.

    KEY TRANSACTION HIGHLIGHTS

    • Acquisition Price: $12.5 million
    • Non-Dilutive: Cash transaction utilizing credit facility
    • Net Acres: ~11,000
    • Current Production: ~190 Boepd (from 47 operated and non-operated PDP wells)
    • Working Interest: ~88%
    • Future Inventory: 40 (two-mile laterals)
    • Permits: Eight approved permits and eight additional permits in process
    • Development-Ready: Simpson pad fully permitted and ready to drill

    DEVELOPMENT AND INTEGRATION PLANS

    The Company plans to commence development of the acquired assets in August 2025, starting with the fully permitted Simpson pad. Simultaneously, the Company will begin permitting additional PUD locations to enable near-term future development. This acquisition delivers immediate scale, existing production, and a clear path to growth through high-quality operated drilling inventory.

    About Prairie Operating Co.

    Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation. More information about the Company can be found at www.prairieopco.com.

    Cautionary Statement about Forward-Looking Statements

    The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company’s expectations can be found in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov. 

    Investor Relations Contact:

    Wobbe Ploegsma
    info@prairieopco.com
    832.274.3449

    The MIL Network –

  • MIL-OSI: Community Bank & Trust Wins Top Honors for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., July 02, 2025 (GLOBE NEWSWIRE) — Community Bank & Trust is proud to announce it has once again been named Best Bank, Best Overall Business in Troup County and Best Banker for 2025 — the latter awarded to Bill Stump, Director of Community Banking at Community Bank & Trust — by LaGrange Daily News. This marks the second consecutive year the institution has swept these prestigious categories.

    Every year, LaGrange Daily News takes votes from readers on the best businesses in the community. Best of Troup County is a way to recognize the people and businesses that go above and beyond, whether that’s due to the high quality of their product, their customer-focused approach, or any other characteristics that might separate them.

    This continued recognition is a direct reflection of the hard work, integrity, and customer-first mindset that defines the Community Bank & Trust team. From the front lines of service to the strategic leadership behind the scenes, every team member contributes to delivering a banking experience built on trust, reliability, and deep community connection.

    “Our team doesn’t just work in these communities — we live in them, invest in them, and are wholly committed to their success,” said Stump. “Being named Best Banker is a personal honor, but it’s also a tribute to the incredible team I’m fortunate to work with every day.”

    The awards are more than just accolades — they represent a commitment to consistency, excellence, and raising the standard in financial services. Community Bank & Trust remains focused on proving that these titles are earned not once, but every day, through meaningful relationships, expert guidance, and unwavering service.

    To view the full Best of Troup County 2025 list, click here.

    About Community Bank & Trust
    Community Bank & Trust is a subsidiary of Community Bankshares, Inc. and a leading financial institution serving Georgia and beyond. With a focus on relationship banking, innovative financial solutions, and strong community ties, CB&T is proud to be recognized not only for its service, but for its unwavering commitment to the people and businesses it serves.

    Media Contact
    Hannah Conley
    Uproar by Moburst for Community Bank & Trust
    Hannah.Conley@Moburst.com

    The MIL Network –

  • MIL-OSI: Community Bank & Trust Wins Top Honors for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., July 02, 2025 (GLOBE NEWSWIRE) — Community Bank & Trust is proud to announce it has once again been named Best Bank, Best Overall Business in Troup County and Best Banker for 2025 — the latter awarded to Bill Stump, Director of Community Banking at Community Bank & Trust — by LaGrange Daily News. This marks the second consecutive year the institution has swept these prestigious categories.

    Every year, LaGrange Daily News takes votes from readers on the best businesses in the community. Best of Troup County is a way to recognize the people and businesses that go above and beyond, whether that’s due to the high quality of their product, their customer-focused approach, or any other characteristics that might separate them.

    This continued recognition is a direct reflection of the hard work, integrity, and customer-first mindset that defines the Community Bank & Trust team. From the front lines of service to the strategic leadership behind the scenes, every team member contributes to delivering a banking experience built on trust, reliability, and deep community connection.

    “Our team doesn’t just work in these communities — we live in them, invest in them, and are wholly committed to their success,” said Stump. “Being named Best Banker is a personal honor, but it’s also a tribute to the incredible team I’m fortunate to work with every day.”

    The awards are more than just accolades — they represent a commitment to consistency, excellence, and raising the standard in financial services. Community Bank & Trust remains focused on proving that these titles are earned not once, but every day, through meaningful relationships, expert guidance, and unwavering service.

    To view the full Best of Troup County 2025 list, click here.

    About Community Bank & Trust
    Community Bank & Trust is a subsidiary of Community Bankshares, Inc. and a leading financial institution serving Georgia and beyond. With a focus on relationship banking, innovative financial solutions, and strong community ties, CB&T is proud to be recognized not only for its service, but for its unwavering commitment to the people and businesses it serves.

    Media Contact
    Hannah Conley
    Uproar by Moburst for Community Bank & Trust
    Hannah.Conley@Moburst.com

    The MIL Network –

  • MIL-OSI: Tired of saying “WHAT” at dinner?

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., July 02, 2025 (GLOBE NEWSWIRE) — It’s an experience we all know too well. You’re sitting in a restaurant with your loved ones, hoping for a peaceful meal and some real conversation, but instead, you’re raising your voice, repeating yourself, or just giving up halfway through. They’re nodding politely, but they didn’t catch a word you said. You’re not alone. And neither are they.

    In fact, over 800 million people worldwide are considered noise-sensitive whether due to age, hearing loss, burnout, or just a personal need for quiet. Yet, only your previous experiences or the vague reviews of a restaurant could help you find a quiet place to eat or sleep while travelling. This is what Silencio aims to change.

    Silencio has built the world’s largest decentralized sound data network, with over 1 million individuals contributing real-world noise measurements in more than 180 countries directly from their smart-phones in an entirely GDPR compliant approach. Just like Google reviews give you insights into how good a place is, Silencio creates a historic noise level review tailored to any specific location or venue. Now, in order to solve the #1 complaints for hotels globally, all of that data is being put to work in the simplest, most useful way imaginable.

    The Silencio Soundcheck Chrome Extension is a lightweight, seamless tool that lets you preview real-world noise levels directly while browsing platforms like Google Maps, Airbnb, or Booking.com. It works silently in the background, adding a discreet sound score to each listing. These scores are powered by verified, on-the-ground data, not reviews, not guesses. If a place is next to a busy road, or underneath a flight path, or happens to be a quiet haven away from the noise, you’ll know it before you ever step foot inside.

    There’s nothing to learn, no app to open, no friction. Just clarity, right when you need it.

    This matters. Because noise is more than simply an inconvenience. Noise is directly linked to stress, sleep problems, reduced focus, and long-term health effects. Silencio’s Soundcheck is about giving people back control in a world that’s increasingly loud. It’s about helping a parent hear their child at dinner. Helping a freelancer find that quiet café for an important call. Helping a traveler find rest instead of regret.

    And the best part? All Basic functionalities are free.

    The Silencio Soundcheck Chrome Extension is available now.

    About Silencio: Silencio is the world’s first decentralized and largest noise data engine. With +1 million contributors in 180+ countries, the network helps people find, understand, and avoid unwanted noise, one decibel at a time.

    CONTACT:

    Christopher von Halem
    Marketing
    Christopher@silencio.network

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ea527c7-f58b-4699-b719-2e34979b9276

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/993dcb8b-4150-4cd6-b03f-40f0ad42c9b8

    The MIL Network –

  • MIL-OSI: Tired of saying “WHAT” at dinner?

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., July 02, 2025 (GLOBE NEWSWIRE) — It’s an experience we all know too well. You’re sitting in a restaurant with your loved ones, hoping for a peaceful meal and some real conversation, but instead, you’re raising your voice, repeating yourself, or just giving up halfway through. They’re nodding politely, but they didn’t catch a word you said. You’re not alone. And neither are they.

    In fact, over 800 million people worldwide are considered noise-sensitive whether due to age, hearing loss, burnout, or just a personal need for quiet. Yet, only your previous experiences or the vague reviews of a restaurant could help you find a quiet place to eat or sleep while travelling. This is what Silencio aims to change.

    Silencio has built the world’s largest decentralized sound data network, with over 1 million individuals contributing real-world noise measurements in more than 180 countries directly from their smart-phones in an entirely GDPR compliant approach. Just like Google reviews give you insights into how good a place is, Silencio creates a historic noise level review tailored to any specific location or venue. Now, in order to solve the #1 complaints for hotels globally, all of that data is being put to work in the simplest, most useful way imaginable.

    The Silencio Soundcheck Chrome Extension is a lightweight, seamless tool that lets you preview real-world noise levels directly while browsing platforms like Google Maps, Airbnb, or Booking.com. It works silently in the background, adding a discreet sound score to each listing. These scores are powered by verified, on-the-ground data, not reviews, not guesses. If a place is next to a busy road, or underneath a flight path, or happens to be a quiet haven away from the noise, you’ll know it before you ever step foot inside.

    There’s nothing to learn, no app to open, no friction. Just clarity, right when you need it.

    This matters. Because noise is more than simply an inconvenience. Noise is directly linked to stress, sleep problems, reduced focus, and long-term health effects. Silencio’s Soundcheck is about giving people back control in a world that’s increasingly loud. It’s about helping a parent hear their child at dinner. Helping a freelancer find that quiet café for an important call. Helping a traveler find rest instead of regret.

    And the best part? All Basic functionalities are free.

    The Silencio Soundcheck Chrome Extension is available now.

    About Silencio: Silencio is the world’s first decentralized and largest noise data engine. With +1 million contributors in 180+ countries, the network helps people find, understand, and avoid unwanted noise, one decibel at a time.

    CONTACT:

    Christopher von Halem
    Marketing
    Christopher@silencio.network

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ea527c7-f58b-4699-b719-2e34979b9276

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/993dcb8b-4150-4cd6-b03f-40f0ad42c9b8

    The MIL Network –

  • MIL-OSI: Fortinet to Announce Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) —

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

    Fortinet’s financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

    The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet’s website at https://investor.fortinet.com/quarterly-earnings.

    About Fortinet (www.fortinet.com)
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs. 

    FTNT-F
    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners.

    Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

  • MIL-OSI: Fortinet to Announce Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) —

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

    Fortinet’s financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

    The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet’s website at https://investor.fortinet.com/quarterly-earnings.

    About Fortinet (www.fortinet.com)
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs. 

    FTNT-F
    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners.

    Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

  • MIL-OSI: Alibaba.com and Wix Announce Strategic Partnership to Accelerate Global Growth for SMEs

    Source: GlobeNewswire (MIL-OSI)

    Integrated tools and exclusive benefits empowering millions of entrepreneurs across both platforms to seamlessly source products and drive sales worldwide 

    NEW YORK – Alibaba.com, a leading global business-to-business (B2B) marketplace, and Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership aimed at empowering digital entrepreneurs, new businesses, and SMEs to expand their global reach. This strategic collaboration will enable Wix merchants to expand their global wholesale capabilities through Alibaba.com while providing Alibaba.com merchants the opportunity to establish robust direct-to-consumer (D2C) and B2B storefronts powered by Wix’s comprehensive commerce infrastructure. Collectively, these platforms will facilitate seamless global trade across over 200 countries and regions.

    The partnership is anchored in three strategic initiatives:

    1. Alibaba.com Seller App Integration with Wix Marketplace 
    Wix merchants now have the opportunity to seamlessly become Global Gold Suppliers (GGS) on Alibaba.com by simply downloading the Alibaba.com Seller App via the Wix Marketplace. This integrated solution ensures automated synchronization of products and orders, significantly simplifying global selling processes for Wix merchants. Leveraging advanced identity verification capability, Alibaba.com’s streamlined onboarding process enables rapid account activation, allowing businesses to quickly tap into a network of millions of verified global buyers, including retailers, distributors, and importers.

    2. Smart and Efficient Sourcing from Alibaba.com for Wix Merchants
    Through this partnership, Wix merchants gain access to a curated sourcing marketplace powered by Alibaba.com. This dedicated wholesale marketplace facilitates the efficient discovery of reliable, high-quality suppliers worldwide. Wix merchants can now source products tailored to their unique catalog needs, enabling quick market testing, innovative product bundling, and private-label creation with reduced risk and greater agility.

    3. Alibaba.com Sellers Have Direct Access to Wix’s Powerful AI Platform
    Alibaba.com sellers will benefit significantly from the opportunity to build their own branded D2C and B2B storefronts utilizing Wix’s full suite of intuitive AI, design, marketing, and eCommerce tools. With Single Sign-On (SSO) capability, Alibaba.com sellers can easily expand their digital presence, strengthen brand identity, and directly engage with both consumers and business buyers globally.

    “At Alibaba.com, we are committed to creating accessible global trade opportunities for businesses of all sizes,” said Kuo Zhang, President of Alibaba.com. “Our partnership with Wix simplifies the complexities of international trade, offering small businesses streamlined solutions for sourcing, selling, and expanding their global reach.”

    “At Wix, we’re focused on giving every business, from solo entrepreneurs to established brands, the tools to grow and scale globally,” said Nir Zohar, President of Wix. “Our collaboration with Alibaba.com takes that a step further. It opens powerful new opportunities for our users to tap into international wholesale markets, while also giving Alibaba.com merchants the ability to create stronger, more direct connections with their customers.”

    The partnership rollout will occur in phases, intending to offer a robust roadmap of forthcoming enhancements. Anticipated future features include AI-powered product discovery, automated onboarding processes, and intelligent product-matching tools. These innovations aim to simplify and accelerate global commerce, particularly benefiting small and medium-sized enterprises.

    Learn more about the partnership here.

    About Alibaba.com
    Launched in 1999, Alibaba.com is a leading platform for global business-to-business (B2B) e-commerce that serves buyers and suppliers from over 200 countries and regions around the world. It is engaged in services covering various aspects of commerce, including providing businesses with tools that help them reach a global audience for their products and helping buyers discover products, find suppliers and place orders online fast and efficiently. Alibaba.com is part of Alibaba International Digital Commerce Group.

    Media Relations Contact: Mike Hong via mike.hong@alibaba-inc.com 

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q1 2025..

    Attachment

    The MIL Network –

  • MIL-OSI: Alibaba.com and Wix Announce Strategic Partnership to Accelerate Global Growth for SMEs

    Source: GlobeNewswire (MIL-OSI)

    Integrated tools and exclusive benefits empowering millions of entrepreneurs across both platforms to seamlessly source products and drive sales worldwide 

    NEW YORK – Alibaba.com, a leading global business-to-business (B2B) marketplace, and Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership aimed at empowering digital entrepreneurs, new businesses, and SMEs to expand their global reach. This strategic collaboration will enable Wix merchants to expand their global wholesale capabilities through Alibaba.com while providing Alibaba.com merchants the opportunity to establish robust direct-to-consumer (D2C) and B2B storefronts powered by Wix’s comprehensive commerce infrastructure. Collectively, these platforms will facilitate seamless global trade across over 200 countries and regions.

    The partnership is anchored in three strategic initiatives:

    1. Alibaba.com Seller App Integration with Wix Marketplace 
    Wix merchants now have the opportunity to seamlessly become Global Gold Suppliers (GGS) on Alibaba.com by simply downloading the Alibaba.com Seller App via the Wix Marketplace. This integrated solution ensures automated synchronization of products and orders, significantly simplifying global selling processes for Wix merchants. Leveraging advanced identity verification capability, Alibaba.com’s streamlined onboarding process enables rapid account activation, allowing businesses to quickly tap into a network of millions of verified global buyers, including retailers, distributors, and importers.

    2. Smart and Efficient Sourcing from Alibaba.com for Wix Merchants
    Through this partnership, Wix merchants gain access to a curated sourcing marketplace powered by Alibaba.com. This dedicated wholesale marketplace facilitates the efficient discovery of reliable, high-quality suppliers worldwide. Wix merchants can now source products tailored to their unique catalog needs, enabling quick market testing, innovative product bundling, and private-label creation with reduced risk and greater agility.

    3. Alibaba.com Sellers Have Direct Access to Wix’s Powerful AI Platform
    Alibaba.com sellers will benefit significantly from the opportunity to build their own branded D2C and B2B storefronts utilizing Wix’s full suite of intuitive AI, design, marketing, and eCommerce tools. With Single Sign-On (SSO) capability, Alibaba.com sellers can easily expand their digital presence, strengthen brand identity, and directly engage with both consumers and business buyers globally.

    “At Alibaba.com, we are committed to creating accessible global trade opportunities for businesses of all sizes,” said Kuo Zhang, President of Alibaba.com. “Our partnership with Wix simplifies the complexities of international trade, offering small businesses streamlined solutions for sourcing, selling, and expanding their global reach.”

    “At Wix, we’re focused on giving every business, from solo entrepreneurs to established brands, the tools to grow and scale globally,” said Nir Zohar, President of Wix. “Our collaboration with Alibaba.com takes that a step further. It opens powerful new opportunities for our users to tap into international wholesale markets, while also giving Alibaba.com merchants the ability to create stronger, more direct connections with their customers.”

    The partnership rollout will occur in phases, intending to offer a robust roadmap of forthcoming enhancements. Anticipated future features include AI-powered product discovery, automated onboarding processes, and intelligent product-matching tools. These innovations aim to simplify and accelerate global commerce, particularly benefiting small and medium-sized enterprises.

    Learn more about the partnership here.

    About Alibaba.com
    Launched in 1999, Alibaba.com is a leading platform for global business-to-business (B2B) e-commerce that serves buyers and suppliers from over 200 countries and regions around the world. It is engaged in services covering various aspects of commerce, including providing businesses with tools that help them reach a global audience for their products and helping buyers discover products, find suppliers and place orders online fast and efficiently. Alibaba.com is part of Alibaba International Digital Commerce Group.

    Media Relations Contact: Mike Hong via mike.hong@alibaba-inc.com 

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q1 2025..

    Attachment

    The MIL Network –

  • MIL-OSI: IoTeX announces AI Expansion as the open ecosystem for Physical Intelligence

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 02, 2025 (GLOBE NEWSWIRE) — IoTeX, the decentralized network bridging the physical and digital worlds, today announced a significant expansion into artificial intelligence. This vision introduces a unified ecosystem for Physical AI, a new category of intelligence powered by real-world data from machines, devices, and decentralized infrastructure.

    The physical world is AI’s next frontier

    As AI systems transition from digital environments into real-world applications, their effectiveness hinges on access to live, trustworthy data from their physical surroundings. While today’s AI models boast impressive capabilities, they operate in abstraction—unable to reliably perceive or react to real-time changes in the world.

    “IoTeX enables a new class of AI that’s grounded in reality,” said Raullen Chai, Co-Founder and CEO of IoTeX. “Real-world data is the missing link in today’s AI stack. Our expansion unlocks a continuously evolving layer of intelligence, open to anyone who wants to contribute, build, or deploy.”

    By creating a shared infrastructure where machines and AI agents can coordinate via verified, real-time data, IoTeX transforms decentralized networks into a foundation for truly responsive, real-world AI systems.

    Building the open ecosystem for physical intelligence

    Since its founding in 2017, IoTeX has pioneered technologies to bridge physical devices with blockchain networks. These include on-chain machine registration, real-world verification via zero-knowledge proofs, and the advancement of Decentralized Physical Infrastructure Networks (DePINs). The company has long held the belief that machines, not just humans, would become core participants in Web3 ecosystems.

    This latest AI expansion marks the next evolution of that vision: linking the growing demand from AI developers for real-time, verifiable data with the global supply of connected devices and DePIN participants already living on IoTeX.

    IoTeX’s AI infrastructure is powered by four key components:

    • IoTeX Layer 1 Blockchain: Secure, fast coordination across physical networks.
    • ioID Protocol: A decentralized identity layer for authenticating machines and agents.
    • Quicksilver: A novel AI framework that transforms raw machine signals into structured, real-time data AI can reason over.
    • IOTX Token: The backbone of economic alignment, used for governance, incentives, and ecosystem utility.

    These building blocks converge in a new technical primitive at the center of IoTeX’s AI architecture: Realms.

    Realms: Living, evolving knowledge bases for real-world intelligence

    At the core of IoTeX’s AI expansion is the introduction of Realms– the evolving domain-specific knowledge bases of real-time, real world data that continuously synthesize insights from machines, people, and sensors to generate actionable intelligence in sectors like mobility, health, energy, and robotics.

    Realms serve two primary purposes:

    1. Delivering real-time situational awareness for AI agents.
    2. Providing dynamic environments for training the next generation of Physical AI models.

    Each Realm enables coordination among data producers, machine networks, and AI developers. As new data flows into a Realm from connected devices and DePIN nodes, its intelligence becomes more precise, adaptive, and valuable. In turn, Realms evolve into living knowledge bases that scale with participation.

    “We’re building dynamic economies of intelligence,” said Jing Sun, Co-Founder of IoTeX. “These aren’t static datasets. They’re active environments where machines, people, and AI collaborate to generate continuously evolving knowledge.”

    Together, these Realms form a global constellation of verified environments where physical intelligence becomes a scalable and monetizable resource and commodity for real-world AI applications.

    Collective intelligence in action

    With the introduction of Realms and Quicksilver, AI agents can now access live, authenticated data on demand, enabling safer decisions, more accurate predictions, and deeper alignment with physical outcomes. This brings AI out of isolation and into interactive, real-time engagement with the world.

    The expansion represents a pivotal milestone for IoTeX. It unites years of foundational work in trusted machine networks, decentralized identity, and tokenized coordination into a comprehensive platform purpose-built for AI.

    This is the world’s first open ecosystem for Physical Intelligence, where machines, data, and intelligent systems collaborate in real time to serve human needs.

    What’s next

    IoTeX’s Open Ecosystem will enable everyday people to become a stakeholder in the Physical AI revolution. IoTeX will soon release a full vision paper detailing the technical architecture, governance design, and roadmap behind Realms, Quicksilver, and the broader Physical Intelligence Ecosystem.

    With this launch, IoTeX positions itself at the forefront of real-world AI infrastructure, championing a future where intelligence is no longer abstract, but grounded in the environments it serves.

    To learn more, visit iotex.io or follow @iotex_io on Twitter.

    About IoTeX

    Founded in 2017, IoTeX is a pioneering blockchain platform building an open ecosystem for physical intelligence. Our mission is to transform data from physical machine networks into collective intelligence, powering the next generation of AI. IoTeX provides cutting-edge infrastructure for bridging the physical and digital worlds, empowering builders with decentralized identity (DID) for machines, zero-knowledge proofs for data verification, smart contracts for orchestration, and an AI data interaction framework. With an ecosystem of over 100 DePINs, IoTeX is expanding into Physical AI, combining real-world machine data with human insights to create new intelligence for the AI industry. From transportation and energy to healthcare and robotics, IoTeX is creating a foundation layer for AI to perceive, understand, and navigate the real world.

    Media Contact
    Jing Sun
    jing@iotex.io

    Disclaimer: This content is provided by IoTeX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7994a59-d5cb-45ff-a36a-0236a7c075a7

    The MIL Network –

  • MIL-OSI: IoTeX announces AI Expansion as the open ecosystem for Physical Intelligence

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 02, 2025 (GLOBE NEWSWIRE) — IoTeX, the decentralized network bridging the physical and digital worlds, today announced a significant expansion into artificial intelligence. This vision introduces a unified ecosystem for Physical AI, a new category of intelligence powered by real-world data from machines, devices, and decentralized infrastructure.

    The physical world is AI’s next frontier

    As AI systems transition from digital environments into real-world applications, their effectiveness hinges on access to live, trustworthy data from their physical surroundings. While today’s AI models boast impressive capabilities, they operate in abstraction—unable to reliably perceive or react to real-time changes in the world.

    “IoTeX enables a new class of AI that’s grounded in reality,” said Raullen Chai, Co-Founder and CEO of IoTeX. “Real-world data is the missing link in today’s AI stack. Our expansion unlocks a continuously evolving layer of intelligence, open to anyone who wants to contribute, build, or deploy.”

    By creating a shared infrastructure where machines and AI agents can coordinate via verified, real-time data, IoTeX transforms decentralized networks into a foundation for truly responsive, real-world AI systems.

    Building the open ecosystem for physical intelligence

    Since its founding in 2017, IoTeX has pioneered technologies to bridge physical devices with blockchain networks. These include on-chain machine registration, real-world verification via zero-knowledge proofs, and the advancement of Decentralized Physical Infrastructure Networks (DePINs). The company has long held the belief that machines, not just humans, would become core participants in Web3 ecosystems.

    This latest AI expansion marks the next evolution of that vision: linking the growing demand from AI developers for real-time, verifiable data with the global supply of connected devices and DePIN participants already living on IoTeX.

    IoTeX’s AI infrastructure is powered by four key components:

    • IoTeX Layer 1 Blockchain: Secure, fast coordination across physical networks.
    • ioID Protocol: A decentralized identity layer for authenticating machines and agents.
    • Quicksilver: A novel AI framework that transforms raw machine signals into structured, real-time data AI can reason over.
    • IOTX Token: The backbone of economic alignment, used for governance, incentives, and ecosystem utility.

    These building blocks converge in a new technical primitive at the center of IoTeX’s AI architecture: Realms.

    Realms: Living, evolving knowledge bases for real-world intelligence

    At the core of IoTeX’s AI expansion is the introduction of Realms– the evolving domain-specific knowledge bases of real-time, real world data that continuously synthesize insights from machines, people, and sensors to generate actionable intelligence in sectors like mobility, health, energy, and robotics.

    Realms serve two primary purposes:

    1. Delivering real-time situational awareness for AI agents.
    2. Providing dynamic environments for training the next generation of Physical AI models.

    Each Realm enables coordination among data producers, machine networks, and AI developers. As new data flows into a Realm from connected devices and DePIN nodes, its intelligence becomes more precise, adaptive, and valuable. In turn, Realms evolve into living knowledge bases that scale with participation.

    “We’re building dynamic economies of intelligence,” said Jing Sun, Co-Founder of IoTeX. “These aren’t static datasets. They’re active environments where machines, people, and AI collaborate to generate continuously evolving knowledge.”

    Together, these Realms form a global constellation of verified environments where physical intelligence becomes a scalable and monetizable resource and commodity for real-world AI applications.

    Collective intelligence in action

    With the introduction of Realms and Quicksilver, AI agents can now access live, authenticated data on demand, enabling safer decisions, more accurate predictions, and deeper alignment with physical outcomes. This brings AI out of isolation and into interactive, real-time engagement with the world.

    The expansion represents a pivotal milestone for IoTeX. It unites years of foundational work in trusted machine networks, decentralized identity, and tokenized coordination into a comprehensive platform purpose-built for AI.

    This is the world’s first open ecosystem for Physical Intelligence, where machines, data, and intelligent systems collaborate in real time to serve human needs.

    What’s next

    IoTeX’s Open Ecosystem will enable everyday people to become a stakeholder in the Physical AI revolution. IoTeX will soon release a full vision paper detailing the technical architecture, governance design, and roadmap behind Realms, Quicksilver, and the broader Physical Intelligence Ecosystem.

    With this launch, IoTeX positions itself at the forefront of real-world AI infrastructure, championing a future where intelligence is no longer abstract, but grounded in the environments it serves.

    To learn more, visit iotex.io or follow @iotex_io on Twitter.

    About IoTeX

    Founded in 2017, IoTeX is a pioneering blockchain platform building an open ecosystem for physical intelligence. Our mission is to transform data from physical machine networks into collective intelligence, powering the next generation of AI. IoTeX provides cutting-edge infrastructure for bridging the physical and digital worlds, empowering builders with decentralized identity (DID) for machines, zero-knowledge proofs for data verification, smart contracts for orchestration, and an AI data interaction framework. With an ecosystem of over 100 DePINs, IoTeX is expanding into Physical AI, combining real-world machine data with human insights to create new intelligence for the AI industry. From transportation and energy to healthcare and robotics, IoTeX is creating a foundation layer for AI to perceive, understand, and navigate the real world.

    Media Contact
    Jing Sun
    jing@iotex.io

    Disclaimer: This content is provided by IoTeX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c7994a59-d5cb-45ff-a36a-0236a7c075a7

    The MIL Network –

  • MIL-OSI: Voxtur Announces Results of Annual and Special Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and TAMPA, Fla., July 02, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced the results of its Annual and Special Meeting of Shareholders held earlier today (the “Meeting”).

    At the Meeting, the shareholders of the Company approved a resolution setting the number of directors of the Company at four and authorizing the Board to set the number of directors, and elected the following persons to serve as directors of the Company (the “Board”), each for a term of one year or until their successor is duly elected or appointed: Michael Harris, Allan Bezanson, Ray Williams, and Gary Yeoman.

    The shareholders also approved the appointment of MNP LLP as the Company’s auditor and the ratification of the Company’s Long-Term Incentive Plan (the “LTIP”). A complete copy of the LTIP is available in the Management Information Circular for the Meeting, which is available at www.sedar.com. Finally, the shareholders confirmed, ratified and approved the Advance Notice By-Law.

    About Voxtur

    Voxtur is a proptech company. The company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada. For more information, visit www.voxtur.com. 

    Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) which reflect the expectations of management regarding the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities. These forward-looking statements reflect management’s current expectations regarding future events and the Company’s financial and operating performance and speak only as of the date of this press release. By their very nature, forward-looking statements require management to make assumptions and involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities, including the duration, impact of and recovery from the COVID-19 pandemic, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as at the date of this news release, and may be identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information may include but is not limited to the anticipated financial performance of the Company and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information include but are not limited to: additional costs related to acquisitions, integration of acquired businesses, and implementation of new products; changing global financial conditions, especially in light of the COVID-19 global pandemic; reliance on specific key employees and customers to maintain business operations; competition within the Company’s industry; a risk in technological failure, failure to implement technological upgrades, or failure to implement new technological products in accordance with expected timelines; changing market conditions related to defaulted mortgage loans, and the failure of clients to send foreclosure and bankruptcy referrals in volumes similar to those prior to the COVID-19 global pandemic; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company’s dependence on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on forward-looking information contained herein. Factors relating to the Company’s financial guidance and targets disclosed in this press release include, in addition to the factors set out above, the degree to which actual future events accord with, or vary from, the expectations of, and assumptions used by, Voxtur’s management in preparing the financial guidance and targets.

    This forward-looking information is provided as of the date of this news release and, accordingly, is subject to change after such date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.

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

    Voxtur’s common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.

    Company Contact: 

    Jordan Ross
    Tel: (416)708-9764

    jordan@voxtur.com

    The MIL Network –

  • MIL-OSI: Conifers.ai Named in AI SOC Agents Category in the Gartner® Hype Cycle™ for Security Operations, 2025

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 02, 2025 (GLOBE NEWSWIRE) — Conifers.ai, the agentic AI SOC platform transforming modern Security Operations Centers (SOCs), announced today that it has been named in the Gartner Hype Cycle for Security Operations, 20251, in the new AI SOC Agents category. According to Gartner, “Security operations technology and services defend IT/operational technology systems, cloud workloads, applications and other digital assets from attack by identifying threats and exposures. This Hype Cycle helps security and risk management leaders strategize and implement SecOps capabilities and functions.”

    CognitiveSOC™, Conifers’ AI SOC platform, enables security teams to rapidly resolve complex, multi-tier threats with unmatched speed and precision to cut end-to-end investigation times by up to 87%. The platform delivers deep, contextual investigations adapted to customers’ own data, decisions, and risk tolerance. Unlike traditional automated solutions, its purpose-built agentic AI technology integrates seamlessly with existing tools and processes and continuously learns and adapts to scale SOC effectiveness and efficiency, becoming a force multiplier for SecOps teams.

    According to Gartner: “AI SOC agent tools promise security operations leaders an opportunity to augment their workforce across a wide range of activities performed by various roles. Effective augmentation can lead to a reduction in the time required to perform certain tasks, such as managing false positives. It can also lead to other program benefits, such as reducing the skill sets required to perform activities, reducing errors and increasing the overall performance of SOC operations.”

    “Since our launch earlier this year, we have quickly moved to the forefront of the AI SOC category,” said Tom Findling, CEO and co-founder of Conifers. “We believe that this recognition, along with several other Gartner report inclusions this year, is further evidence of how Conifers is helping SecOps teams quickly and accurately solve multi-tier security challenges to reduce risk for enterprises and MSSPs.”

    You can learn more in the blog, Defining a New Era in Security Operations: AI SOC.

    1 Gartner, Hype Cycle for Security Operations, 2025, Jonathan Nunez, Darren Livingstone, 23 June 2025

    GARTNER is a registered trademark and service mark of Gartner, Inc., and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc., and/or its affiliates; these marks are used herein with permission. All rights reserved.

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    About Conifers.ai
    Conifers.ai is transforming security operations centers (SOCs) with CognitiveSOC™, its AI SOC platform, enabling enterprises and MSSPs to achieve SOC excellence. By leveraging agentic AI, Conifers helps security teams investigate complex, multi-tier incidents with speed, accuracy, and trust. Led by seasoned cybersecurity leaders and backed by SYN Ventures, PICUS Capital, and others, the company brings deep industry knowledge and innovation to an increasingly AI-driven threat landscape. Learn more at www.conifers.ai.

    Media Contact
    Geena Pickering
    Look Left Marketing
    conifers@lookleftmarketing.com

    The MIL Network –

  • MIL-OSI: Former SWAT Leader and National Educator Joins WrapTactics™ to Launch Digital Pre-Escalation Training

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 02, 2025 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in pre-escalation and non-lethal public safety solutions, today announces the appointment of Todd Larson, EdD., MSL, FABC, as Strategic Advisor of the Company. Dr. Larson will guide the development of WrapTactics™, Wrap’s advanced learning management system focused on elevating police training through integrated mindset conditioning, emotional regulation and tactical problem-solving.

    Dr. Larson brings over 30 years of experience in law enforcement, public safety innovation and education. His decorated 22-year tenure with the Scottsdale Police Department included leadership roles in Special Investigations, Violent Crimes, and more than a decade with the SWAT team as operator, sniper and team leader. Complementing his field experience, Dr. Larson has taught at the University of Phoenix, Northern Arizona University, and delivered leadership, ethics and emotional intelligence training nationwide to thousands of officers.

    “Dr. Larson’s commitment to innovation, leadership and his extensive law enforcement experience makes him an invaluable addition to our core advisory team,” said Scot Cohen, Chief Executive Officer of Wrap. “His expertise is expected to ensure our learning system is grounded in reality, guided by science and focused on safer outcomes for all.”

    As Wrap builds a scalable and practical training platform in public safety, Dr. Larson will lead efforts to embed scenario-based modules rooted in real-world encounters, emphasizing three critical components of effective policing:

    • Mindset framing to foster clarity under pressure within the pre-escalation period;
    • Emotion regulation to de-escalate before force becomes necessary; and
    • Tactical precision to resolve situations safely and effectively.

    “I am honored to support Wrap’s mission to improve officer readiness through innovation,” said Dr. Larson. “WrapTactics™ isn’t just about tools—it’s about transforming the way officers think, respond and lead in every interaction.”

    Larson holds a Doctorate in Organizational Leadership and a master’s degree in leadership with an emphasis in Crisis Management and Disaster Preparedness from Grand Canyon University, as well as a bachelor’s degree in education from Northern Arizona University. He also works as a consultant with a large Arizona based healthcare system focused on Innovation and Network Operations, is a published author and a nationally known speaker.

    To learn more about WrapTactics™ and Dr. Larson’s role in redefining modern police training, visit [www.wrap.com].

    About Wrap Technologies, Inc.

    Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations.

    Wrap’s BolaWrap® 150 solution leads the world in pre-escalation and beyond, providing law enforcement with a safer choice for nearly every phase of a critical incident.

    This innovative, patented device deploys a multi-sensory, cognitive disruption that leverages sight, sound and sensation to expand the pre-escalation period and give officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap® 150 is a not pain-based- compliance. It does not shoot, strike, shock, or incapacitate—instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap’s commitment to public safety through cutting-edge technology and expert training.

    Wrap Reality® VR is a fully immersive training simulator to enhance decision-making under pressure.

    As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, Wrap Reality® equips officers with the skills and confidence to navigate high stakes encounters effectively, leading to safer outcomes for both responders and the communities they serve.

    WrapVision is an all-new body-worn camera and evidence management system built for efficiency.

    Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores and helps manage digital evidence, with operational security, regulatory compliance and superior video picture quality and field of view.

    The WrapVision camera, powered by IONODES boasts cloud integration and adheres to Trade Agreements Act (TAA) compliance requirements and GSA schedule contracts requirements. Crucially, unlike many competitor devices manufactured overseas in foreign, non-compliant, and possibly hostile regions, WrapVision is built in North America, promoting unparalleled data integrity and reducing critical concerns over unauthorized access or foreign surveillance risks.

    Trademark Information

    Trademark Information Wrap, the Wrap logo, BolaWrap®, Wrap Reality® and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

    Cautionary Note on Forward-Looking Statements – Safe Harbor Statement

    This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s expectations related to the appointment of the new Chief Financial Officer, the expected benefits of the acquisition of W1 Global, LLC, the Company’s ability to maintain compliance with the Nasdaq Capital Market’s listing standards; the Company’s ability to successfully implement training programs for the use of its products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

    Investor Relations Contact:
    (800) 583-2652
    ir@wrap.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6444767d-f765-42a5-873b-4d2990983561

    The MIL Network –

  • MIL-OSI: NBPE – Total voting rights

    Source: GlobeNewswire (MIL-OSI)

    NB Private Equity Partners Limited Total Voting Rights

    St Peter Port, Guernsey 2 July 2025

    NB Private Equity Partners Limited (“NBPE” or the “Company”) Total Voting Rights

    Total Voting Rights

    In accordance with DTR 5.6.1R, NB Private Equity Partners Limited (“NBPE” or the “Company”) notifies the market of the following:

    Class of Share Number in issue as at 30 June 2025 Voting Entitlement pursuant to the Articles of Incorporation Number held in Treasury as at 30 June 2025 Voting Rights as at 30 June 2025
    Class A Ordinary 48,648,618 May attend and vote at general meetings 3,150,408 45,498,210
    Class A Shareholders have the right to receive notice of general meetings of the Company and shall have the right to attend and vote at all general meetings.
    B Shares 10,000 Except in certain circumstances, do not carry voting rights 0 0
    Class B Shareholders do not have the right to receive notice of or have the right to attend and vote at any general meetings. However, there are limited circumstances where the Company shall not act, without the prior approval of the Class B Shareholders by ordinary resolution passed at a separate general meeting of the Class B Shareholders. Separately, the Directors shall, at appropriate times carry out the FPI Test and, if they determine that the US Shareholding Percentage had exceeded the FPI Specified Percentage as at such FPI Calculation Date, with effect from the date on which the Directors make such determination, the Class B Shares in issue shall, with respect to any Director Resolution, carry a positive number of voting rights as per the calculation referenced in the Articles.
    Total Voting Rights       45,498,210

    For further information, please contact:

    NBPE Investor Relations        +44 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman

    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

    The MIL Network –

  • Union Minister Kumaraswamy concludes three-day UAE visit, strengthens India’s industrial partnership

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel and Heavy Industries HD Kumaraswamy concluded a three-day diplomatic and business visit to the United Arab Emirates, engaging in high-level discussions expected to significantly enhance bilateral trade relations and industrial cooperation between India and the UAE.

    The delegation included senior officials of the Ministry of Steel and CMDs, Senior representatives of three leading Indian steel companies Steel Authority of India Limited (SAIL), MECON Limited, and National Mineral Development Corporation (NMDC). 

    During the visit, the Minister inaugurated Representative Offices of these companies in Dubai. The opening of offices in Dubai is reflective of GOIs priority of Indian steel companies expanding their global footprint and leveraging wider opportunities.

    The minister’s visit  featured strategic meetings with key UAE leadership, advancing India’s industrial presence in the Middle Eastern market while exploring new avenues for economic collaboration. Minister Kumaraswamy held discussions with UAE Minister of Economy and Tourism Abdulla Bin Touq Al Marri, focusing on strengthening trade and economic relations. The meeting addressed green steel collaboration for sustainable development, opportunities in high-grade steel and aluminum for defense and automotive sectors, and initiatives to boost supply chain resilience.

    The minister also met with Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, where discussions centered on steel sector collaboration, exploring opportunities in mineral sourcing, green steel initiatives, and industrial projects.The delegation’s itinerary included strategic site visits across the UAE. Minister Kumaraswamy met with senior officials of RAK Port and conducted site visits to Stevin Rock quarries in Ras Al Khaimah. The team also visited Emirates Global Aluminium and Conares Steel facilities in Jebel Ali, Dubai, engaging with major regional metals industry players.

    Minister Kumaraswamy connected with the Indian community by engaging with Karnataka diaspora members and participated in a roundtable discussion with steel companies organized by the India Business & Professional Council Dubai, providing a platform for direct dialogue with industry leaders.

    This visit represents part of regular high-level exchanges between India and the UAE that have intensified in recent years. The mission successfully strengthened the Comprehensive Strategic Partnership between the two nations while demonstrating India’s commitment to expanding its industrial presence in the Middle Eastern market, laying groundwork for enhanced cooperation in steel, minerals, and advanced manufacturing sectors.

  • Union Minister Kumaraswamy concludes three-day UAE visit, strengthens India’s industrial partnership

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel and Heavy Industries HD Kumaraswamy concluded a three-day diplomatic and business visit to the United Arab Emirates, engaging in high-level discussions expected to significantly enhance bilateral trade relations and industrial cooperation between India and the UAE.

    The delegation included senior officials of the Ministry of Steel and CMDs, Senior representatives of three leading Indian steel companies Steel Authority of India Limited (SAIL), MECON Limited, and National Mineral Development Corporation (NMDC). 

    During the visit, the Minister inaugurated Representative Offices of these companies in Dubai. The opening of offices in Dubai is reflective of GOIs priority of Indian steel companies expanding their global footprint and leveraging wider opportunities.

    The minister’s visit  featured strategic meetings with key UAE leadership, advancing India’s industrial presence in the Middle Eastern market while exploring new avenues for economic collaboration. Minister Kumaraswamy held discussions with UAE Minister of Economy and Tourism Abdulla Bin Touq Al Marri, focusing on strengthening trade and economic relations. The meeting addressed green steel collaboration for sustainable development, opportunities in high-grade steel and aluminum for defense and automotive sectors, and initiatives to boost supply chain resilience.

    The minister also met with Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, where discussions centered on steel sector collaboration, exploring opportunities in mineral sourcing, green steel initiatives, and industrial projects.The delegation’s itinerary included strategic site visits across the UAE. Minister Kumaraswamy met with senior officials of RAK Port and conducted site visits to Stevin Rock quarries in Ras Al Khaimah. The team also visited Emirates Global Aluminium and Conares Steel facilities in Jebel Ali, Dubai, engaging with major regional metals industry players.

    Minister Kumaraswamy connected with the Indian community by engaging with Karnataka diaspora members and participated in a roundtable discussion with steel companies organized by the India Business & Professional Council Dubai, providing a platform for direct dialogue with industry leaders.

    This visit represents part of regular high-level exchanges between India and the UAE that have intensified in recent years. The mission successfully strengthened the Comprehensive Strategic Partnership between the two nations while demonstrating India’s commitment to expanding its industrial presence in the Middle Eastern market, laying groundwork for enhanced cooperation in steel, minerals, and advanced manufacturing sectors.

  • Union Minister HD Kumaraswamy inaugurates Steel Authority of India Representative office in Dubai

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel, Heavy Industries and Public Enterprises HD Kumaraswamy inaugurated the Steel Authority of India Limited (SAIL) representative office in Dubai, marking another significant milestone in strengthening bilateral relations between India and the UAE while creating new business opportunities for India’s largest steel producer. The office is located at Lake Central, Business Bay, Dubai.

    The event witnessed the presence of several high-ranking officials, including Consul General of India to Dubai Satish Kumar Sivan, SAIL Chairman and Managing Director Amarendu Prakash, the Joint Secretary from the Ministry of Steel, senior representatives from the Consulate General of India, CMD of NMDC, and senior officers from SAIL, NMDC, and MECON.

    Speaking at the inauguration, Minister Kumaraswamy emphasized the strategic importance of the initiative, stating, “By establishing three PSU units from India – SAIL, MECON, and NMDC – this relationship is going to be strengthened. The three offices that we inaugurated over the last two days represent our commitment to strengthen our CPSEs using the Prime Minister’s strong relationship with the UAE.”

    “The atmosphere here is very conducive for business, and very good opportunities exist, particularly for extending our manufacturing capabilities and exporting the materials we produce in India to the region in a big way. That is the main objective. Our intention in establishing all three offices here is the beginning of a new chapter to develop both countries’ relationship further. I particularly thank the Indian missions in the UAE – the Embassy in Abu Dhabi and the Consulate in Dubai , for their support.”, he added.

    SAIL, one of India’s largest steel makers with an annual crude steel production capacity of more than 20 million tonnes, has established the representative office in Dubai to tap into the significant potential that the Middle East and North Africa region offers for steel business. Dubai’s strategic position as a gateway to the MENA region makes it an ideal location for SAIL to expand its global presence, particularly given the conducive business environment and government support that has driven steady regional growth in recent years.

    The opening of the Dubai office is expected to offer substantial business opportunities for SAIL while further strengthening bilateral relations between India and the UAE. The establishment aligns with India’s broader strategy to enhance its steel sector’s international footprint and supports the country’s ambitious target of achieving 300 million tonnes of steel production by 2030 under Prime Minister Narendra Modi’s leadership.

  • Union Minister HD Kumaraswamy inaugurates Steel Authority of India Representative office in Dubai

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Steel, Heavy Industries and Public Enterprises HD Kumaraswamy inaugurated the Steel Authority of India Limited (SAIL) representative office in Dubai, marking another significant milestone in strengthening bilateral relations between India and the UAE while creating new business opportunities for India’s largest steel producer. The office is located at Lake Central, Business Bay, Dubai.

    The event witnessed the presence of several high-ranking officials, including Consul General of India to Dubai Satish Kumar Sivan, SAIL Chairman and Managing Director Amarendu Prakash, the Joint Secretary from the Ministry of Steel, senior representatives from the Consulate General of India, CMD of NMDC, and senior officers from SAIL, NMDC, and MECON.

    Speaking at the inauguration, Minister Kumaraswamy emphasized the strategic importance of the initiative, stating, “By establishing three PSU units from India – SAIL, MECON, and NMDC – this relationship is going to be strengthened. The three offices that we inaugurated over the last two days represent our commitment to strengthen our CPSEs using the Prime Minister’s strong relationship with the UAE.”

    “The atmosphere here is very conducive for business, and very good opportunities exist, particularly for extending our manufacturing capabilities and exporting the materials we produce in India to the region in a big way. That is the main objective. Our intention in establishing all three offices here is the beginning of a new chapter to develop both countries’ relationship further. I particularly thank the Indian missions in the UAE – the Embassy in Abu Dhabi and the Consulate in Dubai , for their support.”, he added.

    SAIL, one of India’s largest steel makers with an annual crude steel production capacity of more than 20 million tonnes, has established the representative office in Dubai to tap into the significant potential that the Middle East and North Africa region offers for steel business. Dubai’s strategic position as a gateway to the MENA region makes it an ideal location for SAIL to expand its global presence, particularly given the conducive business environment and government support that has driven steady regional growth in recent years.

    The opening of the Dubai office is expected to offer substantial business opportunities for SAIL while further strengthening bilateral relations between India and the UAE. The establishment aligns with India’s broader strategy to enhance its steel sector’s international footprint and supports the country’s ambitious target of achieving 300 million tonnes of steel production by 2030 under Prime Minister Narendra Modi’s leadership.