Category: Business

  • MIL-OSI: Eos Energy Announces Second Funding Under Its Department of Energy Loan Guarantee to Fuel U.S. Battery Manufacturing Capacity Expansion

    Source: GlobeNewswire (MIL-OSI)

    TURTLE CREEK, Pa., July 01, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS) manufactured in the United States, today announced that it has received its second loan advance from the Department of Energy’s (DOE) Loan Programs Office in the amount of $22.7 million. With this advance, the Company has fully drawn the maximum allowable amount under the first tranche of $90.9 million in connection with the completion of its first state-of-the-art manufacturing line.

    The loan advance covers 80% of eligible costs, incurred as part of the Company’s production expansion plans related to Project AMAZE. These funds support Eos’ ongoing efforts to expand its operational capacity to meet growing customer demand and further its strategic growth objectives.

    “Production volumes at our first state-of-the-art manufacturing line are growing every week as we progress toward realizing the full 2 GWh capacity on Line 1,” said Nathan Kroeker, Eos Chief Commercial Officer and Interim Chief Financial Officer. “The loan proceeds from the DOE, which follow the recently upsized convertible notes and common stock offerings, continue to strengthen our financial position and position us to scale U.S. production, and advance the build out of our second state of the art manufacturing line.”

    To support 6 GWh in recently signed MOU’s that are expected to convert to purchase orders along with rising demand for “buy American”, “build American” solutions, Eos is scaling to meet the growing needs of AI-driven load growth, data centers, and safety conscious storage markets. Eos’ flexible discharge capability – supporting partial, multiple, and long-duration cycling—is ideally suited to match the complex demands of the largest power users in the world.

    In response, Eos has submitted a purchase order for its second state-of-the-art manufacturing line, marking a key step in expanding U.S. production and delivering safe, reliable long-duration energy storage for its customers.

    The DOE funding builds on Eos successfully closing $336 million in concurrent offerings of common stock and convertible senior notes, which significantly restructured the Company’s balance sheet, lowered its cost of capital, and fueled its ability to grow U.S.-based operations. With this financing, Eos is executing on its long-term strategy: building a robust domestic supply chain, scaling next-generation U.S. battery manufacturing, and creating high-quality American jobs.

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, secure, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 4 to 16+ hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

    Contacts        
    Investors: ir@eose.com
    Media: media@eose.com

    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, for the fiscal years December 31, 2025, our path to profitability and strategic outlook, statements regarding orders backlog and opportunity pipeline, statements regarding our expectation that we can continue to increase product volume on our state-of-the-art manufacturing line, statements regarding our future expansion and its impact on our ability to scale up operations, statements regarding our expectation that we can continue to strengthen our overall supply chain, statements regarding our expectation that our new comprehensive insurance program will provide increased operational and economic certainty, statements that refer to the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and the information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

    The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network

  • MIL-OSI: Eos Energy Announces Second Funding Under Its Department of Energy Loan Guarantee to Fuel U.S. Battery Manufacturing Capacity Expansion

    Source: GlobeNewswire (MIL-OSI)

    TURTLE CREEK, Pa., July 01, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS) manufactured in the United States, today announced that it has received its second loan advance from the Department of Energy’s (DOE) Loan Programs Office in the amount of $22.7 million. With this advance, the Company has fully drawn the maximum allowable amount under the first tranche of $90.9 million in connection with the completion of its first state-of-the-art manufacturing line.

    The loan advance covers 80% of eligible costs, incurred as part of the Company’s production expansion plans related to Project AMAZE. These funds support Eos’ ongoing efforts to expand its operational capacity to meet growing customer demand and further its strategic growth objectives.

    “Production volumes at our first state-of-the-art manufacturing line are growing every week as we progress toward realizing the full 2 GWh capacity on Line 1,” said Nathan Kroeker, Eos Chief Commercial Officer and Interim Chief Financial Officer. “The loan proceeds from the DOE, which follow the recently upsized convertible notes and common stock offerings, continue to strengthen our financial position and position us to scale U.S. production, and advance the build out of our second state of the art manufacturing line.”

    To support 6 GWh in recently signed MOU’s that are expected to convert to purchase orders along with rising demand for “buy American”, “build American” solutions, Eos is scaling to meet the growing needs of AI-driven load growth, data centers, and safety conscious storage markets. Eos’ flexible discharge capability – supporting partial, multiple, and long-duration cycling—is ideally suited to match the complex demands of the largest power users in the world.

    In response, Eos has submitted a purchase order for its second state-of-the-art manufacturing line, marking a key step in expanding U.S. production and delivering safe, reliable long-duration energy storage for its customers.

    The DOE funding builds on Eos successfully closing $336 million in concurrent offerings of common stock and convertible senior notes, which significantly restructured the Company’s balance sheet, lowered its cost of capital, and fueled its ability to grow U.S.-based operations. With this financing, Eos is executing on its long-term strategy: building a robust domestic supply chain, scaling next-generation U.S. battery manufacturing, and creating high-quality American jobs.

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, secure, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 4 to 16+ hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

    Contacts        
    Investors: ir@eose.com
    Media: media@eose.com

    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, for the fiscal years December 31, 2025, our path to profitability and strategic outlook, statements regarding orders backlog and opportunity pipeline, statements regarding our expectation that we can continue to increase product volume on our state-of-the-art manufacturing line, statements regarding our future expansion and its impact on our ability to scale up operations, statements regarding our expectation that we can continue to strengthen our overall supply chain, statements regarding our expectation that our new comprehensive insurance program will provide increased operational and economic certainty, statements that refer to the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and the information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

    The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network

  • MIL-OSI: Robinhood Markets, Inc. to Announce Second Quarter 2025 Results on July 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Today, Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) announced that it will release its second quarter 2025 financial results on Wednesday, July 30, 2025, after market close. Robinhood will host a video call to discuss its results at 2:00 PM PT / 5:00 PM ET on the same day. The video call and supporting materials will be available at investors.robinhood.com. The event will also be live streamed to YouTube and X.com via Robinhood’s official channels, @RobinhoodApp. Following the call, a replay and transcript will also be available at investors.robinhood.com.

    Ahead of the call, Robinhood shareholders can visit https://app.saytechnologies.com/robinhood-markets-2025-q2 to submit and upvote questions for management using the Q&A platform developed by Say Technologies. The Q&A platform will be open for question submission starting Wednesday, July 23, 2025, at 2:00 PM PT / 5:00 PM ET. Shareholders will be able to submit and upvote questions until Tuesday, July 29, 2025, at 2:00 PM PT / 5:00 PM ET. Management will address a selection of the most upvoted questions relating to Robinhood’s business and financial results on the earnings call. Shareholders can email hello@saytechnologies.com for any support inquiries.

    About Robinhood

    Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood lets you trade stocks, options, futures (which includes options on futures, swaps, and event contracts), and crypto, invest for retirement, and earn with Robinhood Gold. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors. Additional information about Robinhood can be found at www.robinhood.com.

    Robinhood uses the “Overview” tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood’s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.

    “Robinhood” and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc. All other names are trademarks and/or registered trademarks of their respective owners.

    Contacts

    Investor Relations

    ir@robinhood.com

    Media

    press@robinhood.com

    The MIL Network

  • MIL-OSI: Robinhood Markets, Inc. to Announce Second Quarter 2025 Results on July 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Today, Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) announced that it will release its second quarter 2025 financial results on Wednesday, July 30, 2025, after market close. Robinhood will host a video call to discuss its results at 2:00 PM PT / 5:00 PM ET on the same day. The video call and supporting materials will be available at investors.robinhood.com. The event will also be live streamed to YouTube and X.com via Robinhood’s official channels, @RobinhoodApp. Following the call, a replay and transcript will also be available at investors.robinhood.com.

    Ahead of the call, Robinhood shareholders can visit https://app.saytechnologies.com/robinhood-markets-2025-q2 to submit and upvote questions for management using the Q&A platform developed by Say Technologies. The Q&A platform will be open for question submission starting Wednesday, July 23, 2025, at 2:00 PM PT / 5:00 PM ET. Shareholders will be able to submit and upvote questions until Tuesday, July 29, 2025, at 2:00 PM PT / 5:00 PM ET. Management will address a selection of the most upvoted questions relating to Robinhood’s business and financial results on the earnings call. Shareholders can email hello@saytechnologies.com for any support inquiries.

    About Robinhood

    Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood lets you trade stocks, options, futures (which includes options on futures, swaps, and event contracts), and crypto, invest for retirement, and earn with Robinhood Gold. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors. Additional information about Robinhood can be found at www.robinhood.com.

    Robinhood uses the “Overview” tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the SEC Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood’s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information.

    “Robinhood” and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc. All other names are trademarks and/or registered trademarks of their respective owners.

    Contacts

    Investor Relations

    ir@robinhood.com

    Media

    press@robinhood.com

    The MIL Network

  • MIL-OSI Economics: Samsung Galaxy and Dude Perfect Team Up for Nationwide Tour

    Source: Samsung

    Dude Perfect and Samsung Galaxy today announced that the 2025 Dude Perfect HERO Tour will be powered by Samsung Galaxy devices, including the Galaxy S25 Ultra. The Dudes will also leverage Google Gemini to enhance each show with interactive technology, immersive digital moments, and real-time fan engagement.
    In 21 shows across 20 U.S. cities, the Dudes will leverage the capabilities of Samsung Galaxy and Google Gemini to help plan and navigate their trip across the U.S. and capture unique moments. On July 9 Dude Perfect will also be flexing a new addition to their tour — unfolding the next wave of innovation from Samsung.
    Samsung’s Galaxy S25 Ultra — with its 200MP camera, vivid display, and long battery life — will be featured throughout the tour. Combined with support from Google Gemini, the partnership promotes new ways for creators and fans to connect through real-time interaction, personalized content, and shareable moments on and off the stage. Gemini will also be integrated directly into the live show, powering a new interactive trivia segment where it acts as the ultimate “phone-a-friend,” helping fans answer questions in real time.
    Founded in 2009 by five college friends making sports trickshot videos, Dude Perfect’s YouTube channel has become the biggest sports account on YouTube with more than 60 million subscribers. Dude Perfect has since expanded into a creator-led entertainment company focused on family-friendly sports and lifestyle content.

    At a time when audiences are seeking more authentic, interactive, and family-friendly entertainment, the HERO Tour is helping set the blueprint for live fan experiences in creator-led platforms. For the first time, Dude Perfect is introducing a pre-show outdoor Fan Activation Zone at every venue where fans can become the “sixth Dude” and try real trick shots for themselves, from a 12-foot water bottle flip to an impossible football throw challenge. The experience gives fans a rare chance to step into the world they’ve been watching for the past 16 years and try the very stunts that first drew them in. Samsung’s sponsorship will help bring this new interactive zone to life at no cost to attendees, ensuring local families can participate in the experience regardless of ticket level.
    “As the fandom for Dude Perfect continues to grow, we are excited to have partners that grow with us and support the essence of elevating the experience of our fans,” said Andrew Yaffe, CEO of Dude Perfect. “With Samsung, their phones will not only be a part of the HERO Tour but an active contributor of each and every show for both the Dudes on stage and the fans in the stands.”
    Samsung’s support comes as the HERO Tour evolves into a more immersive, fan-driven experience. Alongside fan-favorite segments like “Cool Not Cool,” live battles, and surprise athlete appearances, this year’s tour adds real-time voting, interactive digital elements, and expanded access points that connect fans to the action like never before, both inside the arena and out. The partnership also reflects the trust Dude Perfect has built with its community. Sponsors like Samsung help bring additional value to the tour — such as keeping the Fan Activation Zone free for families — while aligning with a brand that prioritizes meaningful, authentic fan engagement.

    “At Samsung, we champion those who dare to challenge convention and build communities that are accessible for technology users of all ages,” said Olga Suvorova, Vice President, Mobile eXperience Marketing at Samsung Electronics America. “Dude Perfect has been changing the game for more than 16 years through community and entertainment, and as the technology landscape has evolved, they have grown with us. We’re proud to partner with them to bring the Galaxy innovation to life on stage in fun and creative ways and we can’t wait to see them unfold the new addition to their tour on July 9.”
    As the presenting partner of the tour, Samsung and Google Gemini will be featured prominently across all signage, digital assets, and at the Fan Activation Zone through a custom co-branded HERO Tour logo. Additionally, behind-the-scenes social content spotlighting Samsung and Gemini will be released throughout the tour, giving fans a deeper look into the experience as it unfolds. This collaboration builds on an existing relationship, as Samsung Displays are already a key part of DPHQ3, Dude Perfect’s headquarters in Frisco, Texas.
    Dude Perfect’s HERO Tour launches July 2 in Colorado Springs and concludes August 3 in Nashville. For more information on tour dates, locations, and ticket availability, visit https://dudeperfect.com/tour. And don’t forget to tune in July 9 for Galaxy Unpacked beginning 10 a.m. ET. Visit to Samsung.com to learn more about Reserve offers — including how you can earn a $50 Samsung Credit towards the latest Galaxy device.1

    MIL OSI Economics

  • MIL-OSI Economics: Samsung Galaxy and Dude Perfect Team Up for Nationwide Tour

    Source: Samsung

    Dude Perfect and Samsung Galaxy today announced that the 2025 Dude Perfect HERO Tour will be powered by Samsung Galaxy devices, including the Galaxy S25 Ultra. The Dudes will also leverage Google Gemini to enhance each show with interactive technology, immersive digital moments, and real-time fan engagement.
    In 21 shows across 20 U.S. cities, the Dudes will leverage the capabilities of Samsung Galaxy and Google Gemini to help plan and navigate their trip across the U.S. and capture unique moments. On July 9 Dude Perfect will also be flexing a new addition to their tour — unfolding the next wave of innovation from Samsung.
    Samsung’s Galaxy S25 Ultra — with its 200MP camera, vivid display, and long battery life — will be featured throughout the tour. Combined with support from Google Gemini, the partnership promotes new ways for creators and fans to connect through real-time interaction, personalized content, and shareable moments on and off the stage. Gemini will also be integrated directly into the live show, powering a new interactive trivia segment where it acts as the ultimate “phone-a-friend,” helping fans answer questions in real time.
    Founded in 2009 by five college friends making sports trickshot videos, Dude Perfect’s YouTube channel has become the biggest sports account on YouTube with more than 60 million subscribers. Dude Perfect has since expanded into a creator-led entertainment company focused on family-friendly sports and lifestyle content.

    At a time when audiences are seeking more authentic, interactive, and family-friendly entertainment, the HERO Tour is helping set the blueprint for live fan experiences in creator-led platforms. For the first time, Dude Perfect is introducing a pre-show outdoor Fan Activation Zone at every venue where fans can become the “sixth Dude” and try real trick shots for themselves, from a 12-foot water bottle flip to an impossible football throw challenge. The experience gives fans a rare chance to step into the world they’ve been watching for the past 16 years and try the very stunts that first drew them in. Samsung’s sponsorship will help bring this new interactive zone to life at no cost to attendees, ensuring local families can participate in the experience regardless of ticket level.
    “As the fandom for Dude Perfect continues to grow, we are excited to have partners that grow with us and support the essence of elevating the experience of our fans,” said Andrew Yaffe, CEO of Dude Perfect. “With Samsung, their phones will not only be a part of the HERO Tour but an active contributor of each and every show for both the Dudes on stage and the fans in the stands.”
    Samsung’s support comes as the HERO Tour evolves into a more immersive, fan-driven experience. Alongside fan-favorite segments like “Cool Not Cool,” live battles, and surprise athlete appearances, this year’s tour adds real-time voting, interactive digital elements, and expanded access points that connect fans to the action like never before, both inside the arena and out. The partnership also reflects the trust Dude Perfect has built with its community. Sponsors like Samsung help bring additional value to the tour — such as keeping the Fan Activation Zone free for families — while aligning with a brand that prioritizes meaningful, authentic fan engagement.

    “At Samsung, we champion those who dare to challenge convention and build communities that are accessible for technology users of all ages,” said Olga Suvorova, Vice President, Mobile eXperience Marketing at Samsung Electronics America. “Dude Perfect has been changing the game for more than 16 years through community and entertainment, and as the technology landscape has evolved, they have grown with us. We’re proud to partner with them to bring the Galaxy innovation to life on stage in fun and creative ways and we can’t wait to see them unfold the new addition to their tour on July 9.”
    As the presenting partner of the tour, Samsung and Google Gemini will be featured prominently across all signage, digital assets, and at the Fan Activation Zone through a custom co-branded HERO Tour logo. Additionally, behind-the-scenes social content spotlighting Samsung and Gemini will be released throughout the tour, giving fans a deeper look into the experience as it unfolds. This collaboration builds on an existing relationship, as Samsung Displays are already a key part of DPHQ3, Dude Perfect’s headquarters in Frisco, Texas.
    Dude Perfect’s HERO Tour launches July 2 in Colorado Springs and concludes August 3 in Nashville. For more information on tour dates, locations, and ticket availability, visit https://dudeperfect.com/tour. And don’t forget to tune in July 9 for Galaxy Unpacked beginning 10 a.m. ET. Visit to Samsung.com to learn more about Reserve offers — including how you can earn a $50 Samsung Credit towards the latest Galaxy device.1

    MIL OSI Economics

  • MIL-OSI Africa: Jobs boost as the United Kingdom (UK) and Kenya bolster economic and security partnership


    Download logo

    • Trade and investment deals agreed during the visit will contribute over £1bn to the UK economy and create UK jobs in engineering, defence industries, technical and advisory services, and financial services 
    • The UK and Kenya will also increase collaboration to tackle organised crime, human trafficking and illicit finance through the UK-Kenya Security Compact 
    • The UK and Kenya will commit to a new Strategic Partnership as Kenyan President Ruto visits London

    The UK and Kenya will commit to working together to drive economic growth, protect climate and nature, foster collaboration in science and technology and strengthen regional security. 

    During a visit to the UK by the President of Kenya, a pipeline of trade and investment deals worth over £1bn to the UK economy were agreed which will deliver on this government’s commitment to boost jobs and prosperity back in the UK, as part of the government’s Plan for Change. 

    This includes the launch of a tender for a major urban redevelopment project in Nairobi which has been inspired by the regeneration of London’s Kings Cross.

    The Nairobi Railway City project has already provided opportunities to UK businesses with British architecture firm Atkins UK chosen to design the central rail station and public square.

    The Government of Kenya is exploring funding the project through finance mobilised by the UK’s Export Credit Agency, UK Export Finance, which will create UK jobs in engineering, technical and legal services. 

    Both countries also agreed stronger cooperation to disrupt the air, land and sea routes used by organised crime groups to prevent illegal migrants transiting through Kenya in attempts to reach Libya and other countries before travelling on to Europe. Four of the top ten countries for Small Boat arrivals in the UK are near neighbours of Kenya (Eritrea, Sudan, Somalia and Ethiopia).

    Foreign Secretary, David Lammy, said:

    “Through our shared history and values the UK and Kenya have always had a close connection.”

    “Now we are building a shared future; a modern, innovative and respectful partnership which is delivering real benefits – boosting growth and creating jobs for both Kenyans and the British people. We’re going far, together.”

    The UK and Kenya have also committed to increased defence and counter terrorism collaboration, including joint training and the creation of a new counter insurgency, terrorism and stability operations centre.

    Defence sales worth over £70m were agreed during the visit supporting manufacturing jobs in County Durham, Northamptonshire and Surrey. Kenya hosts the UK’s most significant military footprint in Africa, including a facility that trains 3,000 UK troops a year. 

    The UK’s world leading financial services sector will also benefit; Lloyd’s of London will announce today that they will be joining the Nairobi International Finance Centre, which will deepen the partnership between two leading financial centres providing access to up to £500m of insurance market potential in Kenya and the East Africa region. 

    The two countries also committed to explore the potential of a bilateral digital trade agreement. Dubbed ‘Silicon Savannah’, the value of Kenya’s tech sector is projected to reach £11.5bn by 2032.

    A digital trade agreement will open up opportunities in the sector for UK Plc.

    Distributed by APO Group on behalf of United Kingdom Foreign, Commonwealth and Development Office.

    MIL OSI Africa

  • Wimbledon’s AI judges receive mixed reviews from players and fans

    Source: Government of India

    Source: Government of India (4)

    The All England Club’s decision to replace line judges with artificial intelligence technology at Wimbledon has received mixed reviews from players and fans alike.

    This week has marked the first time the tournament has been played without meticulously dressed judges determining whether the ball is in or out.

    The 300 line judges have been cut to 80 who are instead assisting chair umpires and interceding should the latest Hawk-Eye Electronic Line Calling (ELC) system, fail.

    The system uses AI to analyse footage from up to 18 cameras to track the progress of the ball and decide if it is in or out.

    Sally Bolton, the Chief Executive of the All England Club, said the new system was brought in to ensure the calls were accurate and not to cut costs.

    “It’s not a money-saving exercise; it’s about evolving the tournament and making sure that we’re providing the most effective possible line calling,” she said.

    World number one Jannik Sinner told a press conference after his victory over fellow Italian and close friend Luca Nardi:

    “As tennis tries to get better for the umpire it’s very difficult to see, especially when first serves are over 200km per hour, so it’s very difficult to see in a small space if they’re in or out, so for sure the technology helps, especially here on grass.”

    However, other players found problems with the technology. On Monday, China’s Yuan Yue complained that the system was too quiet for her to hear its decision.

    There were small protests outside the grounds against the technology, while some fans expressed sadness about the absence of line judges – a tradition that goes back to the 1870s – and the drama that often accompanies a player’s challenge.

    “Tennis is a physical sport, but it’s also a mental game and at a professional level I think that idea of challenging a call is really part of the game,” Jess from Oxford told Reuters.

    “As a spectator when they review the footage and everybody is clapping, and it’s the whole thing that this decision comes out and there’s uproar or whatever.

    “It’s sad that part of the atmosphere is gone, because you can’t challenge the calls now. It’s AI, it’s resolute.”

    Ivan from Northern Ireland raised concerns that the technology may have some teething problems.

    “It was strange not having a line judge. We watched a game on Court Two and a couple of times a ball from where we were sitting, which was close to the line, was out.

    “The player pointed to it and stopped and looked to the umpire, and he just ignored it, and the player accepted it. But I expected to see the replay.

    “There were a couple of other times when it was obviously out and obviously in and the replay came up. So the replays were not consistent.”

    -Reuters

  • Wimbledon’s AI judges receive mixed reviews from players and fans

    Source: Government of India

    Source: Government of India (4)

    The All England Club’s decision to replace line judges with artificial intelligence technology at Wimbledon has received mixed reviews from players and fans alike.

    This week has marked the first time the tournament has been played without meticulously dressed judges determining whether the ball is in or out.

    The 300 line judges have been cut to 80 who are instead assisting chair umpires and interceding should the latest Hawk-Eye Electronic Line Calling (ELC) system, fail.

    The system uses AI to analyse footage from up to 18 cameras to track the progress of the ball and decide if it is in or out.

    Sally Bolton, the Chief Executive of the All England Club, said the new system was brought in to ensure the calls were accurate and not to cut costs.

    “It’s not a money-saving exercise; it’s about evolving the tournament and making sure that we’re providing the most effective possible line calling,” she said.

    World number one Jannik Sinner told a press conference after his victory over fellow Italian and close friend Luca Nardi:

    “As tennis tries to get better for the umpire it’s very difficult to see, especially when first serves are over 200km per hour, so it’s very difficult to see in a small space if they’re in or out, so for sure the technology helps, especially here on grass.”

    However, other players found problems with the technology. On Monday, China’s Yuan Yue complained that the system was too quiet for her to hear its decision.

    There were small protests outside the grounds against the technology, while some fans expressed sadness about the absence of line judges – a tradition that goes back to the 1870s – and the drama that often accompanies a player’s challenge.

    “Tennis is a physical sport, but it’s also a mental game and at a professional level I think that idea of challenging a call is really part of the game,” Jess from Oxford told Reuters.

    “As a spectator when they review the footage and everybody is clapping, and it’s the whole thing that this decision comes out and there’s uproar or whatever.

    “It’s sad that part of the atmosphere is gone, because you can’t challenge the calls now. It’s AI, it’s resolute.”

    Ivan from Northern Ireland raised concerns that the technology may have some teething problems.

    “It was strange not having a line judge. We watched a game on Court Two and a couple of times a ball from where we were sitting, which was close to the line, was out.

    “The player pointed to it and stopped and looked to the umpire, and he just ignored it, and the player accepted it. But I expected to see the replay.

    “There were a couple of other times when it was obviously out and obviously in and the replay came up. So the replays were not consistent.”

    -Reuters

  • MIL-OSI USA: ICYMI: Secretary Chavez-DeRemer promotes One Big Beautiful Bill during ‘America at Work’ tour stops in Michigan, Indiana

    Source: US Department of Labor

    GOSHEN, IN – U.S. Secretary of Labor Lori Chavez-DeRemer continued her swing across the country as part of her “America at Work” listening tour to promote President Trump’s One Big Beautiful Bill, which passed the U.S. Senate today in a huge win for the American people. 

    Secretary Chavez-DeRemer visited Shafer, a ready-mix concrete supplier in Lansing, Michigan, and Brinkley RV, a manufacturing start-up in Goshen, Indiana, to hear directly from American workers who stand to benefit most from this legislation. 

    “I continue to be inspired by the American entrepreneurial spirit shown by the hardworking men and women I’ve met on my listening tour,” said Secretary Chavez-DeRemer. “From the concrete crews at Shafer in Michigan to the RV manufacturers at Brinkley in Indiana, these workers are exactly who this Administration is fighting for as we work to pass the One Big Beautiful Bill. President Trump’s historic proposal will deliver the largest tax cut in history for working families, no tax on overtime, and a lower tax burden on small businesses – ensuring they keep more of their hard-earned money to drive America’s economic comeback.”

    “It’s an honor to be in America’s heartland, hearing directly from the workers who form the backbone of our economy,” said Deputy Secretary of Labor Keith Sonderling. “For the first time in decades, American workers have a President who is fighting to put them first. By passing the One Big Beautiful Bill, we’ll deliver on President Trump’s promise to grow our economy and give hardworking Americans a fair shot at the American Dream.”

    Michigan

    In Lansing, Secretary Chavez-DeRemer and Deputy Secretary Sonderling were joined by Reps. John James and Tom Barrett for a tour of Shafer’s facilities, where they learned more about the company’s on-the-job training program and saw how concrete crews use cutting-edge technology to ensure precise mixture, consistency, and top-tier quality across all plants. They also toured the quality control room, repair shop, and operations center, offering insight into Shafer’s role in keeping the region’s construction industry strong.

    “It was an honor to welcome my friend and U.S. Department of Labor Secretary Lori Chavez-DeRemer to Michigan on her America at Work tour,” said Rep. James. “She confirmed what job creators deserve to hear: President Donald J. Trump is focused on growth, not red tape. In just six months, they’ve cut over 60 labor regulations – nearly twice what they did in Trump’s first term – and working to boost apprenticeships to one million strong! When government’s an ally, not an adversary, American workers lead.”

    “Years of overregulation and excessive red tape have crushed businesses in mid-Michigan, discouraged economic growth, and sent the costs of new construction through the roof,” said Rep. Barrett. “Secretary Chavez-DeRemer understands these challenges, which is why I was honored to host her in Lansing to meet with the hard-working team at Shafer and discuss the ways that she and President Trump are jumpstarting job creation across our state. I appreciate her making the trip and look forward to continuing our work together to slash the red tape slowing our economy, cut taxes for hard-working families, and bring high-paying jobs back to our community.”

    Indiana

    Secretary Chavez-DeRemer concluded her two-week, seven-state swing with a stop at Brinkley RV in Goshen alongside Rep. Rudy Yakym, where they met with workers building fifth wheels and travel trailers for families across America.

    “It’s an honor to welcome my friend, Secretary of Labor Chavez-DeRemer, to the Manufacturing Capital of America,” Rep. Yakym said. “Her dedication to strengthening our workforce, fueling job creation, and cutting red tape is exactly what we need to lead the next chapter of American manufacturing. I’m especially grateful to Brinkley RV for hosting us today and showcasing the kind of innovation and excellence that defines Indiana’s Second District.”

    Launched in early April, Secretary Chavez-DeRemer’s “America at Work” listening tour is bringing real-world feedback from American workers to policymakers in Washington. Recent stops have included visits to Montana and Louisiana, highlighting how the Trump Administration’s pro-growth agenda will unlock trillions in new investments, strengthen the workforce, and a spark a new era of American economic resurgence.

    Learn more about Secretary Chavez-DeRemer’s efforts to deliver real results for hardworking Americans.

    MIL OSI USA News

  • MIL-OSI: HerBodhi Launches Primal Queen Alternative Backed by Science for Natural Hormonal Balance and Women’s Wellness

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 01, 2025 (GLOBE NEWSWIRE) — In a marketplace flooded with synthetic hormone therapies, under-researched wellness supplements, and quick-fix diet fads, a new player has emerged that promises to disrupt the status quo — HerBodhi. Designed specifically for women navigating hormonal imbalances, stubborn weight gain, low energy, and gut health issues, HerBodhi is redefining what it means to achieve balance the natural way.

    With a commitment to transparency, science-backed ingredients, and long-term women’s wellness, HerBodhi stands out not just as another product on the shelf — but as a movement. And with growing curiosity about how it compares to similar offerings like Primal Queen, consumers are paying close attention.

    This press release explores HerBodhi’s origins, formulation, benefits, customer response, and how it is setting a new benchmark in the women’s wellness space.

    Get HerBodhi for Hormonal Balance & Wellness

    The HerBodhi Mission: A New Standard for Hormonal and Metabolic Health

    HerBodhi was created out of necessity. In recent years, more women have been speaking up about the struggles of bloating, PMS, weight retention, brain fog, low libido, and irregular cycles — only to be told it’s “normal” or offered synthetic hormone solutions with side effects. HerBodhi founders believed there had to be a better way.

    Built on a philosophy of holistic, herbal balance, HerBodhi’s mission is simple but powerful:

    To empower women to take control of their hormones, metabolism, and emotional well-being through nature and science combined.

    The team behind HerBodhi includes medical herbalists, nutritionists, and biochemists who sought to design a formula that truly addresses the root causes of hormone dysfunction — not just the symptoms.

    Their belief? A woman in balance is unstoppable.

    Why Hormonal Balance Is the Missing Link in Weight Loss & Wellness

    Many women spend years hopping from diet to diet or trying intense workout routines—without lasting success. What’s often overlooked is the role of hormones like estrogen, cortisol, insulin, and thyroid hormones in determining fat storage, cravings, mood, and energy levels.

    When hormones are even slightly out of balance, it becomes nearly impossible to lose weight or feel emotionally stable. That’s where HerBodhi shines—it addresses the root cause, not just the symptoms.

    Visit Official Website To Start Your Journey With Herbodhi

    The Key Ingredients of HerBodhi?

    HerBodhi’s proprietary formula contains a synergistic blend of adaptogens, hormone-regulating herbs, digestive aids, and metabolic boosters. Each ingredient is carefully sourced, tested, and dosed to ensure efficacy and safety.

    Key ingredients include:

    • Chaste Tree Berry (Vitex Agnus-Castus): Known for balancing progesterone levels and relieving PMS and menopausal symptoms.
    • Ashwagandha Root: An adaptogen that regulates cortisol levels, reduces anxiety, and supports thyroid health.
    • DIM (Diindolylmethane): Naturally found in cruciferous vegetables, DIM supports estrogen metabolism and hormone detoxification.
    • Black Cohosh: Supports mood stability and reduces hot flashes.
    • Berberine: Helps balance blood sugar and improve metabolic efficiency.
    • Probiotic Blend: Supports gut flora, digestion, and estrogen elimination.
    • Zinc & Magnesium: Essential minerals for hormone production and mood regulation.

    These ingredients work together to address key imbalances that commonly affect women — from estrogen dominance to adrenal fatigue, poor digestion, and stubborn fat storage.

    HerBodhi is 100% vegan, non-GMO, gluten-free, soy-free, and contains no artificial fillers or preservatives. It’s manufactured in FDA-registered, GMP-certified facilities in the United States.

    How Does HerBodhi Work?

    HerBodhi works through a three-phase mechanism to bring the body back into balance naturally:

    1. Hormonal Harmony Phase

    Regulates key female hormones (estrogen, progesterone and cortisol) to eliminate imbalances caused by stress, aging, or lifestyle.

    2. Fat Metabolism Activation

    Helps the body naturally convert stored fat into energy, reduces insulin resistance, and minimizes abdominal weight gain.

    3. Mood & Energy Restoration

    Improves mental clarity, reduces brain fog, enhances mood, and restores energy through adaptogenic herbs and essential nutrients.

    What Makes HerBodhi a Long-Term Solution?

    Where other supplements often offer temporary fixes, HerBodhi is built for sustainable wellness.

    The team encourages users to commit to at least 90 days of use to begin rebalancing hormonal pathways and cellular health. According to internal customer surveys, over 70% of users reported:

    • Improved mood and emotional regulation
    • Decreased PMS symptoms
    • More regular menstrual cycles
    • Noticeable fat loss around the midsection
    • Clearer skin and fewer hormonal breakouts
    • Better sleep quality and reduced fatigue

    This is not a pill designed to change your body overnight. Rather, HerBodhi aims to restore balance from within — gradually, safely, and in alignment with your body’s natural rhythms.

    Take Control of Your Hormones with HerBodhi

    HerBodhi’s Impact on the Gut-Hormone Axis

    Emerging research continues to support the idea that gut health and hormonal balance are deeply intertwined. The gut microbiome plays a vital role in metabolizing hormones, regulating appetite, and preventing inflammation.

    HerBodhi includes a proprietary probiotic + prebiotic complex that:

    • Enhances estrogen detoxification through the liver and bowels
    • Reduces bloating and improves digestion
    • Encourages proper elimination, essential for hormonal regulation
    • Supports serotonin production, which is primarily generated in the gut

    This gut-hormone synergy is one of the key differentiators of HerBodhi, making it more than just a hormone-balancing supplement — it’s a total body reset.

    Safety First: The HerBodhi Transparency Promise

    In an industry known for misleading claims and proprietary blends that obscure ingredient amounts, HerBodhi operates with full transparency.

    Each bottle lists exact dosages of every ingredient, along with links to clinical studies supporting its inclusion. All raw materials are independently tested for:

    • Purity
    • Potency
    • Heavy metals
    • Pesticides
    • Microbial contamination

    The company is also fully compliant with current Good Manufacturing Practices (cGMP) and offers a 14-day money-back guarantee for customers.

    What Makes HerBodhi Different from Others Like (Primal Queen)?

    • Woman-Specific Formulation: Unlike generic blends, HerBodhi is tailored for the female body and its unique hormonal rhythms.
    • Science-Backed Ingredients: Every herb is supported by clinical data and included in its most effective form (e.g., KSM-66 Ashwagandha).
    • Root-Cause Approach: Rather than masking symptoms, HerBodhi targets hormonal imbalance at its core.
    • Clean Manufacturing: Produced in GMP-certified, FDA-inspected facilities with no GMOs, soy, dairy, or synthetic fillers.
    • Adaptogenic Synergy: Combines adaptogens and botanicals for long-term wellness, not just quick fixes.
    • Backed by Real Women: Trusted by thousands of women globally who have reported lasting physical and emotional improvements.

    Visit Official Website to Get More Info..

    Who Should Use HerBodhi?

    HerBodhi is ideal for women experiencing:

    • PMS and irregular periods
    • Hormonal acne or mood swings
    • Perimenopause or menopause symptoms
    • Unexplained weight gain (especially belly fat)
    • Chronic fatigue, low libido, or stress

    It supports women in their 20s through 60s looking to reclaim hormonal balance and emotional well-being naturally.

    Is HerBodhi Backed by Science?

    Yes. Each ingredient has been chosen based on clinical studies demonstrating effectiveness for women’s hormonal and emotional health.

    • Black Cohosh has shown significant reductions in menopause symptoms.
    • KSM-66 Ashwagandha is clinically proven to reduce cortisol and anxiety.
    • Red Clover helps improve bone density and reduce hot flashes.

    HerBodhi unites these ingredients in a synergistic formula designed for everyday use and long-term balance.

    Customer Feedbacks

    Thousands of women have turned to HerBodhi in the last year, and the testimonials speak for themselves.

    “I was skeptical at first, but by month two my bloating was gone, I’d lost 8 pounds, and my PMS rage just disappeared. This supplement changed my life.” – Samantha R., 36

    “After struggling with PCOS symptoms for years, HerBodhi was the first thing that actually made a difference. I feel like myself again.” – Karla M., 29

    “I’m in my late 40s, and perimenopause hit me hard. HerBodhi gave me back my sleep, my energy, and my sex drive. Worth every penny.” – Jenna L., 48

    The company encourages transparency in its reviews — with a full spectrum of feedback, not just cherry-picked testimonials — so women can make informed choices.

    Availability, Pricing, and Guarantee

    HerBodhi is currently available exclusively through its official website (https://getherbodhi.com), allowing the company to maintain quality control and avoid third-party knockoffs. Buying directly from the source gives you access to special bundle discounts, free shipping on select packages. It also ensures your order is protected with secure checkout and fast delivery. Avoid third-party sites to reduce the risk of counterfeit products—always choose the official site for safe, effective, and verified HerBodhi supplements.

    Frequently Asked Questions (FAQs)

    Q1: Can I take HerBodhi while on birth control?
    Yes, but consult your doctor for specific medical guidance.

    Q2: Are there any side effects?
    HerBodhi is generally well-tolerated, but mild symptoms like nausea may occur in sensitive individuals.

    Q3: Is it safe for long-term use?
    Yes. HerBodhi is made with non-habit-forming herbs and is safe for consistent daily use.

    Q4: When will I see results?
    Many users notice changes in mood and energy within 7–14 days, with full hormonal support visible by weeks 4–6.

    Conclusion: A New Era for Women’s Wellness

    With its strategic launch, HerBodhi is more than a supplement — it’s a signal that women deserve better.

    Better ingredients.
    Better transparency.
    Better results.
    And most importantly, better respect for their unique physiological needs.

    While comparisons with products like Primal Queen are inevitable, HerBodhi isn’t just another brand vying for attention. It’s a carefully crafted solution that listens to women — and delivers.

    As the company prepares to expand into retail and expand educational outreach on hormonal health, one thing is clear: HerBodhi is not a trend — it’s the future of women’s wellness.

    Media Contact:

    Brand website: https://getherbodhi.com/

    Email: hello@herbodhi.com

    Manufactured under the Technical Guidance of:

    Bodhi Wellness, UAB

    Company code: 307001428

    Address

    Aludarių g. 3, LT-01113 Vilnius, Lithuania

    Attachment

    The MIL Network

  • MIL-OSI: Lightchain AI Surpasses $21M Raised, Enters Final Bonus Round Ahead of July Mainnet Launch

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 01, 2025 (GLOBE NEWSWIRE) — Lightchain AI, the decentralized AI-native blockchain platform, has officially entered its Final Bonus Round after successfully raising over $21 million during its structured 15-stage presale. With strong participation from early contributors, developers, and validators, this final phase offers a fixed price of $0.007125 per LCAI token—representing the last opportunity to participate ahead of the mainnet launch scheduled for July 2025.

    The milestone reflects Lightchain AI’s steady momentum and increasing recognition within the decentralized AI ecosystem. Designed to bring scalable, intelligent infrastructure to the blockchain space, the platform introduces a purpose-built Artificial Intelligence Virtual Machine (AIVM), a transparent Proof-of-Intelligence consensus mechanism, and comprehensive tools for developer onboarding and participation.

    A Foundation for Intelligent On-Chain Applications

    Lightchain AI is building a decentralized infrastructure tailored for real-world AI applications, focusing on performance, auditability, and accessibility. Its validator-based network rewards useful AI computations, ensuring that both security and utility are central to network operations.

    All original team token allocations (5%) have been reallocated to ecosystem growth, including developer grantsinfrastructure expansion, and validator rewards, underlining Lightchain AI’s builder-first philosophy.

    The project has already implemented and tested its staking infrastructure, allowing validators to lock LCAI tokens and simulate long-term network participation, reinforcing both security and decentralization as the protocol moves closer to launch.

    Developer Grant Program and Ecosystem Support

    To further encourage ecosystem development, Lightchain AI has announced a $150,000 Developer Grant Program. This initiative will fund innovative dApps, research, and tooling projects that align with the platform’s vision of autonomous intelligence on-chain.

    Developers now have access to the Lightchain Developer Portal, which includes APIs, SDKs, and documentation, enabling seamless integration and development. Public GitHub repositories are also set to be launched, opening the door to wider community collaboration and transparency.

    Lightchain AI Presale

    Final Bonus Round Now Live

    The Final Bonus Round is currently open and offers a fixed token price of $0.007125, giving new participants an opportunity to join the project’s early-stage supporters. This round will close before the mainnet launch and represents the final window to acquire LCAI tokens at presale pricing.

    “We are incredibly grateful for the trust and support from our growing community,” said a Lightchain AI spokesperson. “With the Final Bonus Round now underway and mainnet launch approaching, we’re excited to welcome more contributors to help build a truly intelligent, decentralized future.”

    Key Upcoming Milestones

    • Mainnet Launch – Scheduled for July 2025
    • Public GitHub Release – Imminent for open-source collaboration
    • Validator Program – Ongoing recruitment and onboarding
    • Developer Grant Distribution – Begins Q3 2025


    Learn More

    To participate in the Final Bonus Round or apply for developer grants, visit:

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. 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/ef70de1c-6c9d-4c71-b023-f974eb7a0229

    The MIL Network

  • MIL-OSI USA: Cassidy Stands with President Trump, Passes One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) today released the following statement after voting to pass President Trump’s One, Big, Beautiful Bill.
    “President Trump and I want to preserve the American Dream for working and middle America,” said Dr. Cassidy. “We keep taxes low, cut taxes on tips, overtime, and Social Security, extend the Child Tax Credit, fix our broken education system, support our military, secure our border, and build a business environment that creates better paying jobs – especially in Louisiana.” 
    As chair of the U.S. Senate Health, Education, Labor, and Pensions (HELP) Committee, Cassidy led the Committee’s portion of the One Big Beautiful Bill, which fixes America’s broken higher education system and addresses the root causes of the student debt crisis.
    Cassidy pushed to secure provisions in this historic legislation that:
    Make higher education more affordable by eliminating inflationary loan programs that have resulted in higher tuition costs.   
    Prevent taxpayer-subsidized loans for degrees that leave students worse off than if they never went to college.  
    Reform the current federal student loan program that transfers debt onto the 87 percent of Americans who chose to not go to college or already paid off their loans.
    Ensure low-income Americans can access higher education by strengthening Pell Grants and addressing the program’s budget shortfall. As it currently stands, the Pell Grant program faces a mounting budget shortfall that threatens its future.  
    Expand education freedom and opportunity for students by providing a charitable donation incentive for individuals and businesses to fund scholarship awards for students to cover expenses related to K-12 public and private education. 
    Increase access to career or technical-based education for low-income students by establishing Workforce Pell Grants. This is crucial to achieving President Trump’s goal of bringing skilled jobs back to America from China and Mexico. 
    Boost U.S. manufacturing and crack down on China and other countries abusing our trade loopholes (de minimis). In 2023, Cassidy introduced similar legislation. 
    Provide beauty industry small businesses with access to the tip credit, which would create jobs.
    Eliminate the $200 tax stamp for short-barreled firearms. 
    Raise the annual cap on offshore energy revenue sharing with Gulf states from $500 million to $650 million through 2034. 
    Require the Bureau of Ocean Energy Management (BOEM) to hold no fewer than two lease sales every year for fifteen years in the Central and Western areas of the Gulf of America—something the Biden administration refused to do. 
    Invest $389 million in America’s Strategic Petroleum Reserve (SPR) to bolster U.S. energy security. 
    Unleash American energy by allowing energy companies to deduct costs, including labor and safety, associated with oil and gas exploration. 
    Expand access to direct primary care arrangements, by allowing the use of Health Savings Account (HSA) dollars to pay for such services. 
    Click here for the HELP section-by-section.
    Click here for the HELP one-pager.

    MIL OSI USA News

  • MIL-OSI Russia: The World Bank has allocated $173.5 million to Azerbaijan for the development of renewable energy

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BAKU, July 1 (Xinhua) — The World Bank and the Government of Azerbaijan have signed a $173.5 million loan agreement to support a program to expand the use of renewable energy and strengthen energy infrastructure in Azerbaijan.

    As reported by the AZERTAC news agency, two documents were approved at the signing ceremony on Tuesday – a loan agreement between Azerenergy and the International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, and a guarantee agreement between the Republic of Azerbaijan and the IBRD.

    The four-year program envisages the modernization of the Azerenergy energy system and the safe integration of new wind and solar power plants into the general energy grid. It is planned to build four high-voltage power transmission lines with a voltage of 500 and 330 kV with a total length of 341 km, as well as the purchase of transformers and equipment for the Navahi substation.

    At the signing ceremony, Azerbaijani Finance Minister Sahil Babayev said the agreement reflects the country’s strategic course for the development of sustainable and environmentally friendly energy. According to him, Azerbaijan has significant technical potential in the field of wind, solar and hydropower and aims to become not only a producer but also an exporter of green energy. -0-

    MIL OSI Russia News

  • MIL-OSI USA: IAM Union International Officers Sworn in for New Term During Ceremony Honoring Union Democracy, Member-Led Leadership

    Source: US GOIAM Union

    The IAM Union marked a powerful moment of renewal as its newly elected International Officers were sworn in for a four-year term during an installation ceremony that celebrated the union’s democratic foundation and its future-facing vision.

    Held before an audience of IAM members, retirees, staff, and labor allies, the ceremony at the IAM’s Headquarters was a reminder that in the IAM Union, leadership is chosen by the membership. Each officer sworn in was elected directly by the IAM’s rank-and-file membership. 

    WATCH: 2025 IAM Union International Officer Installation Ceremony

    International President Brian Bryant, a longtime member of Local S6, was sworn in to continue to lead the IAM through a period of bold organizing, strategic growth, and deep commitment to equity and inclusion. In his remarks, Bryant offered heartfelt thanks to the membership, his fellow Executive Council members, the IAM’s staff, and his family. 

    PHOTOS: 2025 IAM Union International Officer Installation Ceremony

    “To our membership—thank you,” said Bryant. “Thank you for placing your trust in this leadership team. That trust is not something we take lightly. It’s something we earn—every day, in every fight, in every shop floor conversation, contract campaign, organizing drive, and legislative battle.”

    Bryant also reinforced the union’s evolving identity. 

    “We must be clear: This union stands for all workers. No matter where you were born. No matter who you love. No matter who you worship. No matter how you got here,” said Bryant. “If you work for a living—you deserve justice on the job. You deserve the power of a union contract. And you deserve to be treated with dignity.”

    AFL-CIO President Liz Shuler also delivered remarks during the ceremony, celebrating the IAM Union’s legacy and applauding the union’s future-facing leadership. 

    “What brings us together is this belief that all work has dignity and that we all deserve the freedom, fairness and security,” said Shuler. “Those are the values that unite every worker, and that’s what we’re going to fight for every single day. We’re going to organize everywhere — just like the IAM is by taking on the largest companies in the world.”

    The following officers were sworn in for a four-year term, beginning July 1, 2025: 

    International President
    Brian Bryant (Local S6) 

    General Secretary-Treasurer
    Dora Cervantes (Local 2198) 

    Canadian General Vice President
    David Chartrand (Local 712)* 

    U.S. General Vice Presidents
    David Sullivan (Local S6)
    Richie Johnsen (Local 1781)
    Craig Martin (Local 470)
    Jody Bennett (Local 2771)
    Sam Cicinelli (Local 701)
    Robert “Bobby” Martinez (Local 933) 

    Law Committee
    Eric Johnston (Local 235)
    Ryan Haehnlein (Local 701)
    Teressa Peart (Local 774)
    Olu Ajetomobi (Local 1781)
    Sal Vasquez (Local 311) 

    Delegates to the AFL-CIO
    E. Michael Vartabedian (Local 264)
    Sharon Sugiyama (Local 2339G)
    Richard Jackson (Local 751A) 

    Delegate to the Canadian Labour Congress
    Christy Slauenwhite (Local 764)*

    *Elected solely by IAM members in Canada

    Administering the oath of office was retired IAM International President R. Thomas Buffenbarger, who led the union from 1997 to 2016. Buffenbarger’s presence and role in the ceremony served as a bridge between generations of IAM leadership and reinforced the enduring principles that guide the union.

    The installation ceremony featured spiritual and inspirational reflection from Derrick Monk, a member of IAM Local 1776, a District 141 Trustee, and Senior Pastor of the Divine Covenant Outreach Center in Philadelphia. Monk set the tone for the ceremony with an invocation that called on unity, courage, and the shared responsibility of leadership.

    As the IAM Union looks ahead, this newly installed leadership team is charged with growing the union across traditional and emerging industries, empowering members through strong contracts, and continuing to lead with integrity, inclusion, and determination.

    “All of us, together, are the stewards of something powerful,” said Bryant. “We inherit this union not just to protect it, but to grow it. To make it bolder, more inclusive, and more powerful than ever.”

    The post IAM Union International Officers Sworn in for New Term During Ceremony Honoring Union Democracy, Member-Led Leadership appeared first on IAM Union.

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta Announces Largest CCPA Settlement to Date, Secures $1.55 Million from Healthline.com

    Source: US State of California

    Action represents fourth settlement, continued enforcement priority under the California Consumer Privacy Act

    OAKLAND — California Attorney General Rob Bonta today announced a settlement pending court approval with website publisher Healthline Media LLC (Healthline), resolving allegations that its use of online tracking technology on its health information website, Healthline.com, violated the California Consumer Privacy Act (CCPA). An investigation by the California Department of Justice (DOJ) found that Healthline failed to allow consumers to opt out of targeted advertising and shared data with third parties without CCPA-mandated privacy protections — including data suggesting that a person may have a serious health condition. The proposed settlement, pending final approval from the court, includes $1.55 million in civil penalties and strong injunctive terms, including a novel term that prohibits Healthline from sharing article titles that reveal that a consumer may have already been diagnosed with a medical condition — banning the company from engaging in these types of data transmissions.

    “Our settlement with Healthline underscores that Californians have critical privacy rights under the CCPA to fight online surveillance — including by website publishers. Healthline shared data with third parties that could have revealed consumers’ private medical diagnoses, and while doing so, disregarded consumer’s rights to opt-out of the sale and sharing of this data,” said Attorney General Bonta. “California continues to lead the nation in enforcing our robust privacy protection law, and businesses that collect consumer data must honor consumers’ privacy rights. My office is committed to the continued enforcement of the CCPA — every Californian has the right to their online privacy.” 

    Healthline.com is a health and wellness information website that is one of the top 40 most visited websites in the world. Healthline generates revenue by showing ads — some of which are personally targeted at the reader. To maximize ad revenue, Healthline allows online trackers, like cookies and pixels, to communicate data about readers to advertisers and other third parties. Healthline shared data that could uniquely identify the consumer, in addition to the title of the article they were reading. Some titles indicated that the reader may have already been diagnosed with a serious illness, such as “You’ve Been Newly Diagnosed with MS. What’s Next?” And because these online trackers run invisibly in the background in the first milliseconds when a webpage loads, consumers often have no idea how many online trackers might be running. In Healthline’s case, dozens of trackers were sharing consumer data with numerous third parties.

    The complaint filed today alleges Healthline violated the CCPA and the Unfair Competition Law by:

    • Failing to opt consumers out of the sharing of their personal information for targeted advertising. The CCPA gives consumers the right to opt-out of the sale or sharing of their personal information for certain targeted advertising. Businesses and website publishers must honor these requests, including requests submitted through the Global Privacy Control. Healthline continued to share data with some third parties involved in advertising, even for consumer who exercised their right to opt -out.  
    • Violating the Purpose Limitation Principle. Under the CCPA, a business’s use of personal information is limited to the purposes for which the personal information was collected or processed or another disclosed, compatible purpose. Healthline violated this principle by sharing article titles suggesting a consumer may have already been diagnosed with a specific medical condition to target advertising at the consumer.   
    • Failing to maintain CCPA-required contracts. Healthline had not ensured its advertising contracts contain privacy protections for readers’ data required by the CCPA. Instead, Healthline had assumed, but not verified, that the third parties had agreed to abide by an industry contractual framework. 
    • Deceiving consumers about privacy practices. The Unfair Competition Law prohibits deceptive business practices. Healthline.com featured a “consent banner” that did not disable tracking cookies, despite purporting to do so if a consumer unchecked a box.   

    Under the settlement today, Healthline is required to ensure that its opt-out mechanisms work correctly; must stop disclosing information that can link a specific consumer to a specific article title that suggests that consumers have been diagnosed with a disease; must maintain a CCPA compliance program that, among other things, mandates that Healthline audits its contracts for specific, required privacy terms or confirm that third parties have signed an industry contractual framework that includes those terms; and maintain accurate online disclosures and privacy policy. 

    Today’s settlement represents Attorney General Bonta’s fourth enforcement action under the CCPA, and his continued priority to enforce California’s robust privacy laws:  

    In June 2024, Attorney General Bonta and Los Angeles City Attorney Hydee Feldstein Soto announced a $500,000 settlement with Tilting Point Media LLC resolving allegations that the company violated the CCPA and federal law by collecting and sharing children’s data without parental consent in their popular mobile app game “SpongeBob: Krusty Cook-Off.”  In February 2024, Attorney General Bonta announced a settlement with DoorDash, resolving allegations that the company violated the CCPA and COPPA, by selling California customers’ personal information without providing notice or an opportunity to opt out of that sale.  In August 2022, the Attorney General announced a settlement with Sephora resolving allegations that it failed to disclose to consumers that it was selling their personal information and failed to process opt-out requests via user-enabled global privacy controls in violation of the CCPA. 

    This March, as part of ongoing efforts to enforce the CCPA, Attorney General Bonta announced an investigative sweep into the location data industry, sending letters to advertising networks, mobile app providers, and data brokers that appear to be in violation of the CCPA. The risk posed by the widespread collection and sale of location data has become immediately and particularly relevant given federal threats to California’s immigrant communities, and to reproductive and gender-affirming healthcare. Attorney General Bonta has previously conducted investigative sweeps related to streaming apps and devices and employee information.

    For more information about the CCPA, visit oag.ca.gov/ccpa. To report a violation of the CCPA to the Attorney General, consumers can submit a complaint online at oag.ca.gov/report.

    A copy of the complaint is available here, a copy of the proposed settlement is available here. The settlement is pending court approval.

    MIL OSI USA News

  • MIL-OSI: $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Sage Therapeutics, Inc. (NASDAQ: SAGE)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) —

    Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Sage Therapeutics, Inc. (NASDAQ: SAGErelated to its sale to Supernus Pharmaceuticals, Inc. Upon completion of the proposed transaction, current Sage shareholders will receive $8.50 per share in cash, plus one non-tradable contingent value right collectively worth up to $3.50 per share in cash payable (i) $0.50 the first commercial sale of the drug Zurzuvae in Japan to third-aprty consumers following regulatory approval on or before June 30, 2026; (ii) $1.00 when net sales of Zurzuvae reach or exceed $300 million in the U.S. on or before December 31, 2028; and (iii) $1.00 when net sales of Zurzuvae reach or exceed $375 million in the U.S. on or before December 31, 2030. Is it a fair deal?

    Click here for more info https://monteverdelaw.com/case/sage-therapeutics-inc/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network

  • MIL-OSI Europe: Multilateral development bank heads and private sector leaders map out deeper cooperation in Seville for development

    Source: European Investment Bank

    EIB

    The European Investment Bank (EIB) Group in partnership with the Financial Alliance for Net Zero convened a high-level exchange with leaders of multilateral development banks (MDBs) and private sector CEOs at the International Conference on Financing for Development in Seville to deepen cooperation and scale private sector investment in emerging markets and developing economies.

    Heads of the African Development Bank, Asian Development Bank, Asian Infrastructure Investment Bank, Council of Europe Development Bank (CEB), European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, Islamic Development Bank and the World Bank Group and leaders of private sector financial and corporate institutions convened for a high-level roundtable to accelerate joint action to mobilise private capital for sustainable development goals. 

    The participants identified opportunities around scaling up successful and existing public-private partnerships and financial instruments, MDBs providing local currency finance and hedging instruments – including through commercial banks – sharing risk statistics through the Global Emerging Markets Risk Database (GEMs), blending instruments, local capacity building and engaging with governments and regulators to create the right conditions for private investment to thrive.

    The roundtable in Seville followed the Heads of MDBs meeting, hosted by the CEB on Saturday in Paris, where in a Joint Statement the participants highlighted private capital mobilisation as a system-wide priority, in line with the Viewpoint Note from Washington in April 2024.

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Criteria for harmonised legislation in the announced ‘28th legal regime’ – E-001614/2025(ASW)

    Source: European Parliament

    The Competitiveness Compass[1] announced the initiative on the 28th regime as one of the key measures to contribute to EU competitiveness and to make business easier and faster in Europe.

    The underlying problem is the fragmentation of legal frameworks across Member States, which leads to reduced business activity and forgone opportunities for companies in the Single Market to grow and expand.

    The recent Single Market Strategy[2] explained that the 28th regime will provide a single set of rules, potentially in a progressive and modular way.

    It would include an EU corporate legal framework, based on digital by default solutions, and will help companies overcome barriers when setting up and operating as well as attracting investment across the Single Market.

    The 28th regime will aim to simplify applicable rules, and it will also address specific aspects within relevant areas of law, including insolvency, labour and tax law, with the overall objective to enhance competitiveness and help companies, in particular innovative ones, start-ups and scale-ups .

    At the same time, the measures under the 28th regime must strike the right balance with other interests, such as those of employees, and ensure that the fight against tax evasion, tax avoidance and fraud is upheld.

    To achieve this, it will be carefully considered, also based on stakeholders’ views in the public consultation, what specific aspects should be addressed and how.

    • [1] COM(2025) 30 final.
    • [2] COM(2025) 500 final.

    MIL OSI Europe News

  • MIL-OSI Europe: Development Banks committed $19.6 billion to water projects in 2024

    Source: European Investment Bank

    ©mrjn Photography/ Unsplash

    Ten multilateral development banks (MDBs) active in the water sector have approved global investments totalling $19.6 billion (€17 billion) in 2024. According to the inaugural Joint Annual MDB Water Security Financing Report, launched on the sidelines of the 4th International Conference on Financing for Development in Seville, nearly three-quarters of these funds were earmarked for low-, lower-middle-, and upper-middle-income countries.

    The report follows a joint commitment made in December 2024 at the One Water Summit in Riyadh, Saudi Arabia, by the African Development Bank Group, Asian Development Bank, Asian Infrastructure Investment Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank Group, Islamic Development Bank, New Development Bank, and World Bank Group. The MDBs pledged to significantly increase support for the water sector between 2025 and 2030 and to report jointly on their progress.

    This first edition of the annual Water Security Financing Report provides an overview of MDB investments in the global water sector, establishing a baseline for tracking future financing. It highlights the collective efforts of the ten members of the MDB Water Sector Coordination Group (the aforementioned banks plus the Council of Europe Development Bank) to foster collaboration, share expertise, and drive innovative solutions. It also shows that the EIB accounted for more than a quarter of total MDB financing to the sector in 2024. This strong engagement is in line with the EIB’s forthcoming Water Resilience Programme, which aims to increase the Group’s lending in the sector by 50% to €15 billion between 2025 and 2027, potentially catalysing up to €40 billion in global water investments over three years.

    “Creating sustainable water systems worldwide requires financing, but it also demands partnerships that bring together investment, technical assistance, and knowledge,” said EIB Vice-President Ambroise Fayolle. “That is why the MDBs have made water a shared priority. The first Water Security Financing Report reflects our collective responsibility – and our ambition to achieve more, together.”

    Examples of EIB cooperation with other MDBs include a partnership with the African Development Bank, Islamic Development Bank, World Bank Group, and West African Development Bank to help protect Cotonou, Benin, from flooding by improving drainage infrastructure across 34 basins. In Mongolia, the EIB and the Asian Development Bank are working together to build wastewater treatment plants and improve rainwater drainage systems in several cities. The EIB has also enjoyed a 20-year collaboration with the Council of Europe Development Bank, co-financing the construction, expansion, and refurbishment of water and sewerage networks in all major municipalities across Cyprus.

    Background

    Half of the world’s population is estimated to live in areas facing water scarcity. Climate change is altering rainfall patterns and increasing the frequency of extreme weather events, threatening both the quantity and quality of water resources and damaging vital infrastructure. At the same time, cooperation to optimise water resource management and development is lacking, and fragmentation hampers water security. According to a World Bank study, the annual funding gap to achieve universal access to safe and affordable drinking water and sanitation is estimated at $138 billion (a mid-range estimate) between 2017 and 2030. On average, countries would need to nearly triple their annual spending to close this gap. The challenge is even greater in Sub-Saharan Africa, where spending would need to increase by up to 17 times, and in low-income or conflict-affected countries, where investment may need to rise by as much as 42 times.

    MIL OSI Europe News

  • MIL-OSI Europe: REPORT on the future of the EU biotechnology and biomanufacturing sector: leveraging research, boosting innovation and enhancing competitiveness – A10-0123/2025

    Source: European Parliament

    MOTION FOR A EUROPEAN PARLIAMENT RESOLUTION

    on the future of the EU biotechnology and biomanufacturing sector: leveraging research, boosting innovation and enhancing competitiveness

    (2025/2008(INI))

    The European Parliament,

     having regard to the Treaty on the Functioning of the European Union (TFEU), in particular Articles 9, 151, 152, 153(1) and (2) thereof, as well as Articles 173 and 179 thereof, which concern EU industrial policy and research and refer to, among other things, the competitiveness of the Union’s industry and the strengthening of the Union’s scientific and technological bases,

     having regard to the Treaty on European Union, in particular Article 5(3) thereof and Protocol No 2 thereto on the application of the principles of subsidiarity and proportionality,

     having regard to the Commission communication of 20 March 2024 entitled ‘Building the future with nature: Boosting Biotechnology and Biomanufacturing in the EU’ (COM(2024)0137),

     having regard to the report by Mario Draghi of 9 September 2024 entitled ‘The future of European competitiveness’,

     having regard to the Commission communication of 29 January 2025 entitled ‘A Competitiveness Compass for the EU’ (COM(2025)0030),

     having regard to the Commission communication of 26 February 2025 entitled ‘The Clean Industrial Deal: A joint roadmap for competitiveness and decarbonisation’ (COM(2025)0085),

     having regard to the Commission communication of 11 December 2019 entitled ‘The European Green Deal’ (COM(2019)0640),

     having regard to the report by Enrico Letta of 10 April 2024 entitled ‘Much more than a market’,

     having regard to the Commission communication of 19 February 2025 entitled ‘A Vision for Agriculture and Food – Shaping together an attractive farming and agri-food sector for future generations’ (COM(2025)0075),

     having regard to Rule 55 and Rule 148(2) of its Rules of Procedure,

     having regard to the report of the Committee on Industry, Research and Energy (A10-0123/2025),

    A. whereas the EU biotechnology and biomanufacturing sector has been recognised as one of 10 strategic technology sectors for Europe’s competitiveness, economic security and sustainability; whereas the sector is characterised by very high productivity, growth and employment, and delivers globally competitive, cutting-edge solutions in healthcare, life sciences, industrial production and transformation, sustainable biomanufacturing, energy and food security; whereas biotechnology and biomanufacturing are important enablers of the bioeconomy at large; whereas biotechnology and biomanufacturing can help enhance the EU’s strategic autonomy, resilience and circularity by reducing industry’s dependency on fossil-based input and other external dependencies in various sectors; whereas the biotechnology and biomanufacturing sector still faces regulatory and financial obstacles and an incomplete internal market; whereas the Commission is expected to present an EU biotech act, an updated EU bioeconomy strategy, an EU life sciences strategy, an EU innovation act and an EU circular economy act;

    B. whereas according to the Organisation for Economic Co-operation and Development (OECD), biotechnology is defined as the application of science and technology to living organisms, as well as parts, products and models thereof, to alter living or non-living materials for the production of knowledge, goods and services; whereas biomanufacturing is not clearly defined and the Commission should therefore propose such a definition; whereas a definition of biomanufacturing should be future-proof, open to scientific and technological developments, and technology neutral, so as to broadly encompass the use of biotechnology or other technologies for the production of bio-based material products and solutions including, but not limited to, chemical, mechanical or thermal processes;

    C. whereas the biotech and biomanufacturing industries have led the development and deployment of breakthrough innovations in healthcare, such as mRNA-based vaccines; whereas biotechnology processes can be used to manufacture active pharmaceutical ingredients and key manufacturing inputs for medicines;

    D. whereas the COVID-19 pandemic highlighted the importance of having robust raw material value chains and manufacturing capabilities within Europe, to ensure security of supply of critical products and to mitigate shortages, for example of essential medicines;

    E. whereas artificial intelligence (AI) can help drive biotechnology innovation – e.g. in personalised medicine and drug discovery – resulting in health and environmental benefits; whereas the use of AI in biotechnology can also present ethical challenges and risks, related to the protection of private data, which need to be addressed in order to maintain public trust and acceptance;

    F. whereas biotechnology is applied in various aspects of animal and plant-based agriculture and also indirectly, through its use in activities such as waste management;

    G. whereas biotechnology can strengthen the resilience of forests and, in the case of biomanufacturing, the forest sector can offer sustainably produced, renewable and recyclable raw materials that can be used in high-value innovative products, materials and applications;

    H. whereas the EU is a global leader in research and biomanufacturing capacity, yet its potential remains unexploited due to the lack of a sufficiently coordinated policy framework that enables the efficient scaling up of innovation, the attraction of investment and the commercialisation of new technologies; whereas the ‘one in, one out’ approach ensures that all burdens introduced by Commission initiatives are considered, and administrative burdens are offset by removing burdens of equivalent value in the same policy area at EU or Member State level; whereas Parliament has called for the EU’s research budget to be doubled; whereas EU private investment in research, development and innovation is lagging behind other major economies; whereas promoting investment in pioneering demo and commercial production plants can accelerate the commercialisation of EU innovation in the bio-based industries;

    I. whereas urgent, coherent and consistent action needs to be taken during the next few years to make the EU a world leader in biotechnology, biomanufacturing and life sciences effecting a bold level of change, in accordance with due process and supported by competitiveness checks and adequate funding;

    J. whereas lengthy and complex authorisation procedures, particularly concerning approval times, represent a competitive disadvantage for EU operators and drive project developers out of the EU, and hinder industrial deployment and growth;

    K. whereas current EU regulatory frameworks do not cater precisely to the specificities of bio-based products; whereas the existing regulatory authorisation processes for biotech products needs to be urgently addressed to ensure that the EU remains globally competitive; whereas an effective regulatory framework for conducting clinical research is essential for the competitiveness of the most innovation-intensive aspects of the EU’s pharmaceutical and biotechnology sectors; whereas the Commission should take account of the regulatory frameworks of non-EU countries leading in the biotechnology and biomanufacturing sector, in the context of existing and future EU legislation covering the industry, to ensure compatibility without lowering existing EU safety and environmental standards;

    L. whereas the EU’s biotechnology and biomanufacturing investment and venture capital ecosystem remains fragmented; whereas high energy prices, regulatory burdens, barriers, and a lack of available key feedstock, raw materials and components are limiting the ability of start-ups and other small and medium-sized enterprises (SMEs) to scale up, and limit large-scale deployment; whereas EU biomanufacturing capacity and supply chain resilience, including the availability of feedstock, are essential to reduce dependence on non-EU actors; whereas effective global supply chains – including strategic partnerships with reliable global actors – are also important to secure stable access to critical resources, avoid supply disruptions and foster continuous innovation in essential technologies;

    M. whereas bio-based feedstocks, such as sustainably sourced biomass, recycled waste and CO2 captured from biogenic sources, could be used as alternative feedstocks for the manufacturing of, for example, polymers, plastics, solvents, paints, detergents, cosmetics and pharmaceuticals, thereby contributing to EU emission reduction, resource efficiency and strategic autonomy; whereas the EU could further incentivise market demand and market uptake for sustainable bio-based products and materials;

    N. whereas it is vital to increase the use of sustainable bio-based raw materials as part of the means of reaching the EU’s 2050 climate targets; whereas biotechnology has the potential to transform the refinery and chemical industry towards biomanufacturing, thereby reducing greenhouse gas emissions, in line with the EU’s climate objectives;

    O. whereas biotechnology and biomanufacturing are regulated across many different regulatory frameworks; whereas current EU regulatory frameworks for biotechnology and biomanufacturing are inconsistent across sectors, creating legal uncertainty and slowing market access for innovative solutions; whereas the lengthy authorisation processes, particularly concerning approval times, need to be urgently addressed and improved, while maintaining a risk- and science-based approach, to compete with corresponding time frames outside the EU; whereas the use of regulatory sandboxes should be expanded to ensure that emerging technologies have a clear development pathway; whereas new EU-wide regulation in the form of an EU biotech act should be duly justified based on examples of concrete gaps and shortcomings in current legislation and implementation, focusing on the specificities of the industry;

    P. whereas a coherent, robust and future-proof intellectual property (IP) framework is essential, ideally resulting in economic, environmental and societal benefits;

    Q. whereas public awareness in the EU of biotechnology and biomanufactured products should be further strengthened, in order to boost public acceptance; whereas the ethical aspects of biotechnology should be considered; whereas stakeholder consultation plays a crucial role in shaping responsible and ethical biotechnology policies; whereas civil society can play an essential role in ensuring public trust;

    R. whereas the engineering of DNA and organisms is increasingly carried out in automated biofoundries, which produce a wealth of data and improved designs and knowledge of biological functions;

    S. whereas the EU’s regulatory framework needs to adequately address evolving risks, opportunities and responsibilities associated with the handling, trade and synthesis of biological material, particularly in the context of synthetic biology; whereas existing biosecurity gaps need to be addressed by the EU and through international cooperation;

    Criteria for a comprehensive EU biotech act

    1. Emphasises the growth potential of the European biotechnology and biomanufacturing sector and the need for the EU to remain world-leading in this field; underlines the commitment to the principles of better regulation and lawmaking, simplification and administrative burden reduction; underlines that the simplification of EU legislation must not endanger any of the fundamental rights of citizens, workers and businesses or risk regulatory uncertainty; believes that any simplification proposal should not be rushed and proposed without proper consideration, consultation and impact assessments; therefore asks the Commission, if it proposes a new EU-wide regulation in the form of an EU biotech act, to address concrete gaps and shortcomings in current legislation and implementation, and to present legislation that can be revised, simplified, streamlined, repealed and which reduces bureaucratic burdens, focusing on the specificities of the industry and maintaining relevant safety and security standards; asks that an EU biotech act adopt a comprehensive cross-sectoral scope and that it be accompanied by an impact and cost assessment, competitiveness checks as well as a comprehensive assessment by the Regulatory Scrutiny Board, taking due consideration of the impact on SMEs, start-ups and scale-ups, as well as the interaction with other relevant legislative and non-legislative initiatives, including proposals currently undergoing the co-legislative procedure;

    2. Recalls that according to the OECD, biotechnology is defined as the application of science and technology to living organisms, as well as parts, products and models thereof, to alter living or non-living materials for the production of knowledge, goods and services; notes, however, that biomanufacturing is not clearly defined and calls on the Commission to propose such a definition;

    3. Recommends streamlining and harmonising existing and upcoming initiatives relating to biotechnology and biomanufacturing, with the objective of strengthening the biotechnology and biomanufacturing industry through clear industrial and research and development (R & D) competences;

    4. Urges the Commission to ensure coherence and consistency across all initiatives and legislative measures that may affect biotechnology and biomanufacturing innovations and companies, especially start-ups and scale-ups;

    5. Calls on the Commission to ensure that any future relevant legislative initiatives have a broad enough scope to capture the width of the biotechnology and biomanufacturing industry and its full range of applications; recommends facilitating a fast and efficient uptake of biotechnology and biomanufacturing through clear regulatory frameworks;

    6. Calls on the Commission to implement measures within its structures in order to ensure coordination, coherence and complementarity across its relevant directorates-general, and to enable more efficient scale-up and commercialisation of research, development and innovation results; highlights the importance of efforts to improve policy coherence and coordination at national level;

    7. Calls on the Commission to take account of regulatory frameworks of non-EU countries leading in the biotechnology and biomanufacturing sector, in the context of existing and future EU legislation covering the industry, to ensure compatibility, where possible and without compromising consumer safety, and a level playing field for EU biotech companies competing internationally, and to learn from best practices from outside the EU without lowering existing EU standards;

    8. Calls on the Commission to present a report on the implementation of current legislation in the field of biotechnology and biomanufacturing, including identifying potential gaps and regulatory barriers hampering the growth of the industries applying these technologies and manufacturing processes, including barriers to improving the EU’s self-sufficiency in key feedstocks, raw materials and components; recalls the precautionary principle laid down in Article 191 TFEU; urges the Commission to share with Parliament the preliminary findings of its study on regulatory burden, in this regard, and the potential need to review legislation related to biotechnology and biomanufacturing; calls for a simplification of current requirements for the sector across regulatory frameworks to enable faster approval procedures and market access, while maintaining a risk- and science-based approach and avoiding regulatory uncertainty;

    9. Welcomes the recently launched Biotech and Biomanufacturing Hub; requests that the Commission provide further guidance to EU biotechnology and biomanufacturing companies and the Member States with regard to the Net-Zero Industry Act[1] and the new Clean Industrial Deal in terms of permitting and financing, and to consider the creation of supporting hubs, in order to improve guidance and advice to companies navigating through the regulatory framework;

    10. Calls on the Commission to urgently streamline, simplify and shorten the time required for authorisation procedures, particularly approval time frames, for biotechnology materials and products throughout their manufacturing- and life-cycles, and to facilitate the market uptake of bio-based solutions, including the provision of pre-authorisation guidance, while maintaining a risk- and science-based approach, particularly in the context of its regular review of EU agencies such as the European Food Safety Authority, the European Medicines Agency and the European Chemicals Agency; calls on the Commission to ensure that the relevant EU agencies are adequately resourced, to enhance their capacity for conducting authorisation procedures in a timely manner;

    11. Calls on the Commission to consider the possibility of a simplified approvals procedure for biotechnology products that have already been approved by trusted regulatory bodies in like-minded countries with EU-equivalent standards;

    12. Calls on the Commission to consider simplifying labelling practices, such as the use of QR codes, and ensure fair market conditions between biotechnology and other products, such as marketing and advertising, without compromising consumer safety or access to relevant consumer information;

    13. Recalls that harmonised, predictable, future-proof and internationally competitive IP and data protection rules for biotechnology and biomanufacturing patents are essential for the development of the industry, resilient supply chains and sustainable economic growth; underlines the importance of improving IP protection rules by longer terms for patented technologies to strengthen the EU’s competitiveness, foster innovation and the EU’s strategic autonomy, protect cutting-edge technologies, reward long-term investments, and support high-risk research; considers that a coherent, robust and future-proof IP framework is essential; welcomes, in this regard, the EU’s recently established unitary patent system;

    14. Calls for a common clinical trials framework with streamlined approval procedures across the Member States to minimise administrative burdens and delays, and which allows for the use of real-world evidence for biotechnology therapies; asks the Commission to present the current situation in this regard, as well as potential improvements; calls for the swift implementation of the Clinical Trials Regulation[2] and the use of the EU’s Clinical Trials Information System;

    15. Underlines the strategic importance for the EU of a strong biotechnology ecosystem to support R & D, manufacturing, and patient access to innovative medicines; points out that biotechnology processes can be used to manufacture active pharmaceutical ingredients and key manufacturing inputs for both off-patent and innovative medicines;

    16. Recommends using the next generation of regulatory sandboxes to assess the specific impacts and possibilities of emerging biotechnology and biomanufacturing applications, ensuring that new technologies can be trialled in a controlled but flexible and future-proof regulatory environment; stresses the importance of ensuring that EU policy takes account of technological and scientific developments to safeguard the EU’s global competitiveness;

    17. Recommends developing a strategy to support biotechnology and biomanufacturing companies transitioning from the regulatory sandbox regime to full market access; requests that the strategy include, but not be limited to, support mechanisms, regulatory assistance and guidance on compliance with EU legislation;

    The need to promote the advantages and specificities of the biotechnology and biomanufacturing industry

    18. Underlines that effectively scaling up biotechnology and biomanufacturing in the EU hinges on a robust, competitive and circular bioeconomy; calls on the Commission to present an updated bioeconomy strategy, which takes account of current challenges and reinforces the bioeconomy’s industrial dimension and its links to biotechnology and biomanufacturing, incentivising the development and production of sustainable, innovative, high-value added bio-based materials, products and solutions, to contribute to EU competitiveness and strategic autonomy;

    19. Acknowledges the important role biomass plays in biomanufacturing; recalls, in this regard, the importance of adopting an approach open to different sustainable biomass technologies grounded in robust analysis, and with the aim of enhancing feedstock access and use, as well as harnessing international supply chains, while aiming to avoid unintended environmental externalities;

    20. Underlines the need to account for the specificities of biogenic carbon, bio-based products and processes, and to differentiate them from petrochemical and fossil-based products, in the context of EU and national chemical, materials and environmental legislation;

    21. Points out that essential components, such as enzymes, lactic acid bacteria and other microorganisms, run the risk of being prohibited or unduly disincentivised by EU regulations primarily designed for petrochemical and synthetic substances, such as the REACH Regulation[3];

    22. Is concerned that the European Investment Bank (EIB)’s interpretation of sustainability criteria under the EIB Group Paris alignment framework may result in access to funding for bio-based materials and projects being denied; asks the Commission to examine relevant definitions accordingly and encourage biotechnology- and biomanufacturing-friendly interpretations; calls on the EIB to propose de-risking instruments for biotechnology and biomanufacturing, in order to raise capital; calls, moreover, on the EIB to improve outreach, advisory support and information on financing instruments and opportunities for eligible biotechnology and biomanufacturing projects, in particular SMEs, start-ups and scale-ups;

    23. Underlines the benefit and contribution of bio-based products and processes to the EU’s CO2 reduction objectives, which, given the potential of these products to increase sustainability and lower the EU’s environmental footprint, need to be reflected in respective life cycle assessments, information for consumers and public procurement;

    24. Considers that, in order to accelerate the substitution of fossil-based feedstocks, the market demand and market uptake of sustainable bio-based products could be further incentivised in the EU; considers that bio-based feedstocks, such as sustainably sourced biomass, recycled waste and CO2 captured from biogenic sources, could be used as alternative feedstocks for the manufacturing of various products, contributing to the EU’s emissions reduction, resource efficiency and strategic autonomy; in this context, recalls the commitment in the EU’s Competitiveness Compass to develop policies to reward early movers; considers that coherent and adequate sustainability criteria should be ensured for biomass;

    25. Underlines the importance of upholding the EU’s high standards of food and consumer safety and the potential of biotechnology applications when assessing biotechnology applications in food and feed to protect consumer health, assess impact on circularity and sustainability, and to consider social, ethical, economic, environmental and cultural aspects of food innovation; calls on the Commission to identify smooth routes to market for safe applications of biotechnology in food products, while reiterating that such biotechnology applications need to be properly examined, prior to any future authorisation and subsequent placing on the EU market, including gathering toxicological information and clinical and pre-clinical studies where relevant, and ensuring traceability;

    26. Underlines that biosecurity risks, including bioethical considerations, must be addressed in conjunction with biotechnology and biomanufacturing innovation, ensuring responsible access to and use of synthetic biology tools, genetic editing technologies and biological materials; calls for the establishment of an EU biosecurity registry for synthetic DNA, benchtop synthesis equipment and genetic engineering tools, improving transparency and risk-assessment mechanisms, in consultation with relevant stakeholders, such as industry and civil society, and while ensuring sensitive data is adequately protected; stresses the importance of EU strategic autonomy in biotechnology supply chains, ensuring that critical biomanufacturing inputs and expertise remain within Europe; calls for stronger international cooperation on biosecurity standards, including mandatory international screening standards, ensuring that EU-based biotechnology and biomanufacturing companies benefit from global best practice while maintaining competitiveness;

    27. Urges the Commission to conduct a study on biological materials and to present an updated communication and an action plan on chemical, biological, radiological and nuclear risks, in particular regarding bioterrorism and bio-risks;

    Horizontal issues

    28. Underlines the importance for supply chain security of ensuring a sufficient, stable and competitive supply of feedstock, raw materials and essential components, such as sustainable biomass and enzymes for biotechnology and biomanufacturing companies; calls for potential risks, gaps and dependencies to be closely monitored while safeguarding company-sensitive data and the functioning of the internal market;

    29. Stresses the importance of developing EU raw material value chains and manufacturing, and enhancing self-sufficiency where possible, while also fostering strategic partnerships and cooperation with like-minded non-EU countries to secure resilient and diversified access to critical inputs of biotechnology and biomanufacturing industries in the EU;

    30. Stresses that, in an increasingly tense geopolitical context, biotechnology and biomanufacturing should be fully leveraged to strengthen the EU’s strategic autonomy, enhance food security and reduce dependence on non-EU countries; highlights the need to stimulate market demand and uptake of bio-based products to boost the growth, competitiveness and sustainability of the EU biotechnology and biomanufacturing sector;

    31. Notes that the scale-up and commercialisation of research results remains a major challenge in the EU, and stresses the need to improve knowledge and technology transfer between academia and industry to ensure that EU-funded biotechnology and biomanufacturing research leads to commercial applications and industrial deployment; highlights the importance of strengthening public-private collaboration and supporting universities and research institutions with high levels of technology transfer, spin-offs, and start-up creation, for example by applying the CERN model of building start-up studios within research institutions; calls for strategic investments in shared EU infrastructure – such as pilot facilities, biobanks or innovation accelerators – to support the scale-up of prototypes and the market uptake of innovative biotechnology and biomanufacturing solutions; underlines that innovation cannot solely take place for short-term economic benefit, and that biotechnology and biomanufacturing innovation should be driven through a bottom-up approach under a standalone and long-term framework programme; calls on the Commission to facilitate the creation of world-leading research hubs for biotechnology and biomanufacturing to drive innovation and collaboration between academia, industry and venture capital; emphasises the need for robust physical testing facilities in the biotechnology and biomanufacturing sector to drive innovation and facilitate the production and market access for SMEs and start-ups;

    32. Stresses the need to ensure access to affordable energy for biotechnology and biomanufacturing operators, given the high energy intensity of large-scale biological production processes; underlines the importance of facilitating the authorisation and validation of large industrial plants, such as bioreactors, which are essential for scale-up but also face significant construction and operating risks; welcomes the latest revision of the Renewable Energy Directive[4] and its provisions to simplify permitting procedures, and calls on the Member States to swiftly implement relevant measures to support the deployment of biotechnology and biomanufacturing infrastructure;

    33. Underlines the need for a skilled and diverse European workforce in the biotechnology and biomanufacturing sector and for the promotion of entrepreneurial skills, in close collaboration with industry and research institutions; calls for increased investment in biotechnology and biomanufacturing education and targeted professional training, including in but not limited to areas such as regulatory compliance, quality assurance and process engineering; supports the development of competence centres and public-private training initiatives across all Member States to enable upskilling, reskilling and lifelong learning to safeguard the attractiveness of the biotechnology and biomanufacturing industry; highlights the importance of adapting educational curricula to the evolving needs of the sector, and of promoting science, technology, engineering and mathematics (STEM) subjects, with a particular focus on attracting more girls and women into biotechnology and biomanufacturing careers; encourages more public awareness about career opportunities in the field to attract talent from non-EU countries and suggests exploring the potential for transatlantic cooperation; welcomes the recently launched Choose Europe for Science pilot scheme to attract top non-EU researchers, scientists and academics to Europe;

    34. Calls for the urgent completion of the capital markets union to attract institutional investors to the biotechnology and biomanufacturing industry, including venture capital, pension funds and private equity; underlines that the sector is characterised by high levels of risk and that reducing the cost of investment failure in the EU is necessary for attracting large-scale capital investment; calls for dedicated support to ensure that biotechnology and biomanufacturing SMEs, start-ups and scale-ups can access sufficient funding and compete globally; stresses that cross-border investment barriers must be reduced to facilitate investment in biotechnology and biomanufacturing scale-ups;

    35. Notes that public-private partnerships and mission-driven EU investment strategies, such as the Circular Bio-based Europe Joint Undertaking, are essential for de-risking biotechnology and biomanufacturing innovation and for increasing the likelihood that IP and industrial capacity remain in Europe; urges EU investment instruments, such as the InvestEU programme, to be strengthened to support biotechnology and biomanufacturing projects considered as high-risk from an investment perspective; underlines that the sector is characterised by a high concentration of SMEs, which face disproportionate barriers in accessing capital despite being critical drivers of innovation; supports the exploration of a biotechnology Important Project of Common European Interest to facilitate industrial deployment and first-mover investments in bio-based chemicals, materials, and products and solutions;

    36. Notes that public awareness of biotechnology and biomanufactured products in the EU should be further strengthened to boost public acceptance; recommends engaging with citizens and civil society organisations to communicate the characteristics, benefits and implications of the growing presence of biotechnology-based products and services in the European market;

    Future-proof research and innovation

    37. Regrets that European private investment in research, development and innovation is lagging behind other major economies and that the scale-up and commercialisation of research results remain a major challenge in Europe; highlights the fact that European and national public systems for R & D funding remain complex and insufficiently coordinated, resulting in duplications and inefficiencies; calls for an EU-wide approach to coordinating public investment in R & D for biotechnology and biomanufacturing, with the dual objective of closing excellence and innovation gaps and accelerating commercialisation; underlines the importance of strengthening European collaboration, pooling knowledge and resources, and leveraging public funding with private investment; recalls the key role of framework programmes such as Horizon Europe in fostering scientific excellence, innovation and technical development and calls for targeted investment in strategic biotechnology and biomanufacturing subfields, such as industrial, environmental, marine, health and agri-food biotechnology;

    38. Reiterates the call to double the EU’s research budget and to reach the target of 3 % of EU gross domestic product being devoted to R & D by 2030;

    39. Notes the growing role of synthetic biology, bioinformatics, data and game-changing AI-driven biotechnology and biomanufacturing research; calls on the Commission to integrate biotechnology and biomanufacturing innovation into the EU digital and AI strategies, ensuring interoperability between biotechnology and biomanufacturing data infrastructure and AI-driven discovery platforms; notes that AI capabilities are dependent on the efficient use of data; considers that the creation of industrial data spaces for biotechnology and biomanufacturing is important for efficient data sharing;

    40. Acknowledges that, while AI systems and quantum computing can significantly speed up research and lead to new innovations, enabling better computational designs of biological systems, they can also increase the risk of biological threats; underlines, therefore, the need to apply a risk-based approach to the use of AI in scientific research and manufacturing;

    41. Considers that the ethical use of AI, bioinformatics and synthetic biology is crucial for building trust and for society at large to benefit from these technologies; underlines the need to safeguard data privacy, data security, transparency and human oversight of the use of AI systems in the health biotechnology sector;

    42. Instructs its President to forward this resolution to the Council and the Commission.

    MIL OSI Europe News

  • MIL-OSI USA: Senate Passes President Trump’s One Big Beautiful Bill Act, Advancing Agenda for a Strong, Prosperous America

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)
    ***Click here for audio.***
    WASHINGTON, D.C. – The U.S. Senate voted today to pass the One Big Beautiful Bill Act (OBBBA) by a vote of 51 to 50. This legislation permanently extends the 2017 Trump tax cuts, accelerates American energy dominance, supports the nation’s farmers and ranchers, reduces federal spending, invests in generational defense capabilities such as President Donald Trump’s Golden Dome missile-defense shield, and delivers the largest single border-security investment in U.S. history.
    Within 10 years, OBBBA will cut the total deficit nearly in half and primary deficits will become surpluses. It builds upon the 2017 Trump tax cuts with incentives for investing in America to create new jobs and revive domestic manufacturing. The pro-growth policies are reflected in the recent Congressional Budget Office score indicating the legislation will reduce the deficit by $507 billion. The Council of Economic Advisors estimates it will slash the deficit by over $2 trillion over the next decade and lead to higher worker wages and increased GDP.
    U.S. Senator Kevin Cramer (R-ND) issued the following statement after voting in favor of the legislation:
    “What we did with this vote today is took a decisive step toward implementing President Trump’s agenda and restoring some fiscal sanity to Washington, D.C. which has been missing for several decades. It delivers on our promise as Republicans to extend pro-growth tax policy permanently, not just another extension, but make it permanent, and it gives much-needed certainty to American families, and businesses, and investment of all types. We are really aligning federal spending with North Dakota pragmatism, quite honestly. We’re slashing Green New Deal gimmicks, boosting reliable energy sources, delivering unprecedented resources to the border, which we know is in high demand, and then bringing defense efforts like the Golden Dome and nuclear modernization to complete fruition. It’s really a win for every American who believes prosperity, security, and fiscal responsibility all go hand in hand.”
    Prevents a $4 Trillion Tax Increase
    ***Click here for audio on OBBBA tax provisions***
    This legislation permanently extends the Tax Cuts and Jobs Act to provide relief for working Americans and job creators. Without this bill, Americans would receive a $4 trillion tax hike, the largest increase in American history. It supports families by expanding the standard deduction, which is utilized by more than 90% of taxpayers, and the Child Tax Credit, and making both improvements permanent.
    The OBBBA includes pro-growth provisions to support small businesses by preserving the small business deduction to support job creation and local economic growth. It also includes efforts to boost domestic production and investment, including full expensing for domestic research and development, and new capital investments. To support financing for domestic investments, the OBBBA reinstates a globally competitive interest deduction.
    Promotes Energy Dominance
    To promote American energy dominance, the legislation rapidly phases out tax credits for intermittent wind and solar projects while boosting reliable domestic energy sources like nuclear, geothermal, and hydropower. The OBBBA also improves the 45Q credit, a critical tool for North Dakota’s lignite coal and oil producers, by indexing the value of the credit to inflation and equalizing the rate for all users of the credit. It promotes oil and gas development by requiring the Bureau of Land Management to hold quarterly leases, reduces royalty rates to pre-Inflation Reduction Act (IRA) levels, ensures timely leasing of federal coal resources, pauses the IRA natural gas tax for a decade, and creates an opt-in program at the Council on Environmental Quality for expedited environmental reviews. Finally, the OBBBA repeals costly Biden-era green energy efforts including the electric vehicle tax credit, rescinds unobligated IRA funds, nixes the costly methane tax, and fully repeals the Greenhouse Gas Reduction Fund.
    Delivers the Largest Border Security Package in American History
    In the few months since President Trump’s return to the White House, illegal border crossings have dropped precipitously. The OBBBA provisions support these efforts and include funding for over 2,300 miles of border walls and barriers while also giving U.S. Border Patrol and U.S. Immigration and Customs Enforcement (ICE) resources to carry out the mission of protecting the border. This funding will allow ICE to hire additional officers and agents to patrol the border. The bill invests $46.55 billion to complete the Trump Wall and upgrade its barriers and intrusion sensors alongside $4.1 billion for hiring and training agents, officers, pilots, and support staff, as well as incentives to retain top talent. It ends the previous administration’s catch-and-release policy, deploys artificial intelligence (AI)-powered non-intrusive inspection systems, drones, counter-Unmanned Aerial Systems radar, and a nationwide biometric entry-exit network to stop fentanyl at the border.
    Curbs Immigration Abuse & Makes the System Pay for Itself
    The legislation flips the “everything is free” asylum pipeline on its head, imposing an inflation-indexed minimum $100 asylum-application fee that is split evenly between immigration courts and U.S. Citizenship and Immigration Services to attack the backlog without touching taxpayers. Aliens removed in absentia now face a $5,000 fee upon apprehension—half of which flows directly into ICE’s Detention & Removal Office Fee Account to fund beds and removals.
    Makes Long Overdue Improvements to the Farm Safety Net
    To address the absence of a new Farm Bill, the OBBBA supports farm country by raising reference prices for covered commodities under the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. For crop year 2025, the U.S. Department of Agriculture will pay farmers the larger of ARC or PLC, regardless of which program they enrolled in for the year. It boosts premium support for the individual-based crop insurance and the Supplemental Coverage Option. The bill increases marketing assistance loan rates, improves disaster and animal disease prevention programs for livestock, and funds a supplemental agricultural trade promotion program. The OBBBA also modifies work requirements for Supplemental Nutrition Assistance Program eligibility and sets in place reforms to improve efficiency and management of the program. 
    Implements Commonsense Medicaid Reforms
    The bill reduces waste, fraud, and abuse in the Medicaid program and puts Medicaid on a fiscally sustainable path. It establishes sensible work requirements for able-bodied adults and provides exemptions for individuals with dependent children or medical needs. It increases the frequency of eligibility verifications and limits the use of financing gimmicks such as provider taxes to ensure Medicaid remains available for the most vulnerable into the future. The bill also establishes a rural health transformation fund to support critical rural hospitals and clinics across the country. 
    Invests in Generational Defense Capabilities
    President Trump’s Golden Dome initiative, unmanned ships, drones, AI and other recent investments in new defense technology in North Dakota and across the country, are included in the OBBBA. The legislation allocates $25 billion for the Golden Dome missile defense system and $210 million for MH-139 helicopters. Additionally, it provides $15 billion to accelerate nuclear modernization programs specifying $2.5 billion for the Sentinel intercontinental ballistic missile (ICBM) program and $600 million for the Minuteman III ICBM, both of which are housed in North Dakota. It also includes $90 million for APEX Accelerators and significant improvements in quality of life for troops and their families. 
    Modernizes Commerce & Transportation Infrastructure
    The OBBBA injects more than $34 billion into the arteries of American commerce—keeping goods, data, and people moving safely and on time. It fully recapitalizes the Coast Guard with $24.593 billion for new Offshore, Fast-Response, Polar, and Arctic cutters, long-range UAVs, autonomous surface vessels, and critical shore-facility upgrades. Another $12.57 billion modernizes the Federal Aviation Administration’s radars, telecom backbone, runway-safety tech, and controller displays to cut delays and boost air-travel safety nationwide. The bill restores the Federal Communications Commission’s auction authority through 2034 and directs the auction of mid-band spectrum within two years—part of a plan which ultimately reallocates 500 MHz for 5G/6G—and gives National Telecommunications and Information Administration the resources to value and relocate Federal users.
    Click here for bill text. Click here for one-pagers.

    MIL OSI USA News

  • MIL-OSI USA: Cantwell Statement on Senate Passage of the GOP’s Devastating Budget Bill

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    07.01.25
    Cantwell Statement on Senate Passage of the GOP’s Devastating Budget Bill
    Full final text of the disastrous bill wasn’t made available before final vote – the nonpartisan Congressional Budget Office doesn’t even know the full cost to the American people; Cantwell was able to strip provision of bill that would have effectively banned states from enforcing AI consumer protection laws
    WASHINGTON, D.C. – Just now, the United States Senate passed a budget bill 51 to 50 (with the Vice President repeatedly casting tie-breaking votes, on final passage of the bill and procedural votes). U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, issued the following statement:
    “Over the past several days, my Republican colleagues made it very clear what their mission is – to make the largest cuts in the social safety net in U.S. history in order to give away tax breaks to major corporations and billionaires.  No matter how loud the voices of our constituents, of our state and local leaders, and of our health care providers, they stuck to their script and adopted legislation that will slash about a trillion dollars from Medicaid and cut billions from SNAP,” Sen. Cantwell said. 
    “I voted against this bill that will strip health insurance from 17 million Americans. The bill that Republicans drafted in the dark of night will hit those that can least afford it the hardest.  The lowest 20% of earners will lose an average of $700 a year, far more than they will get from the tax cuts.
    “The House of Representatives should reject this disastrous legislation so Congress can come back later this month to craft a bipartisan fiscally responsible package that will support working families without adding $3 trillion to our unsustainable federal debt.”
    The finalized text of the bill passed by the Senate this morning wasn’t ever shown to Senators before Republican leadership pushed forward with the final vote. The nonpartisan Congressional Budget Office, which is typically tasked with calculating the financial impact of any major piece of legislation, has not had time to give the bill a score. Prior to scheduling the vote, Senate Republicans refused to hold final meetings with the Senate Parliamentarian – tasked with ensuring that the language in bills follows certain rules and procedures that govern the Senate. Instead, the Parliamentarian had to make decisions on some provisions in a matter of minutes from the Senate floor.
    Sunday night, Sen. Cantwell delivered a speech on the Senate floor to highlight how various provisions included in the 940-page document ultimately sell out the American people. That speech can be watched in full HERE; a transcript is HERE.
    Hours before this morning’s final vote, shortly after 4 a.m., the Senate voted 99-1 in favor of an amendment co-sponsored by Sen. Cantwell and Sen. Marsha Blackburn (R–TN) to strip a ten-year moratorium on state AI regulations from the Republican budget reconciliation bill.  The Senate’s consideration of the bill, known as a votearama in the Senate, set records for the number of debate votes and the length of the debate, and the Senate stayed in session all night as Sen. Cantwell and her colleagues fought to improve the bill.
    “The Senate came together tonight to say that we can’t just run over good state consumer protection laws,” Sen. Cantwell said. “States can fight robocalls and deepfakes and provide safe autonomous vehicle laws. This also allows us to work together nationally to provide a new federal framework on Artificial Intelligence that accelerates U.S. leadership in AI while still protecting consumers.” 
    For weeks, Sen. Cantwell raised alarms over the provision which would have forced states to make an impossible choice between enforcing AI consumer protections or accepting federal BEAD funding to expand broadband access. Despite several revisions by its author and misleading assurances about its true impact, state officials from across the country, including 17 Republican Governors and 40 state Attorneys General, as well conservative and liberal organizations – from the Heritage Foundation to the Center for American Progress – rallied against the harmful proposal. On June 18, Sen. Cantwell hosted a virtual press conference alongside Sen. Blackburn to underscore the impacts to Americans across the country if Congress were to pass the moratorium on state AI legislation.

    MIL OSI USA News

  • MIL-OSI USA: Lankford Secures Major Wins for Oklahoma Families, Energy Producers, and Small Businesses in One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Oklahoma James Lankford
    WASHINGTON, DC — US Senator James Lankford (R-OK), a member of the Senate Finance and Homeland Security Committees, released the following statement after the passage of the One Big Beautiful Bill, which delivers the largest tax cut in history for hardworking Americans, secures the border, strengthens Medicaid program integrity, and rebuilds the military, all while cutting out-of-control spending.
    “This is a big, beautiful win for Oklahoma families, workers, seniors, and small businesses,” said Lankford. “This bill halts the largest tax increase in history, secures the border, and contains the most significant entitlement reform in years. I fought to make sure Oklahoma values were reflected in this package – protecting charitable giving, supporting energy jobs, and making it easier for businesses to grow and hire American workers.”
    Lankford secured key wins in the One Big Beautiful Bill to support Oklahoma families, job creators, and charitable giving.
    He secured the charitable deduction for non-itemizers, allowing couples to deduct up to $2,000 in donations. This will help more Americans support local churches, charities, and non-profits.
    Lankford also led the repeal of the Biden administration’s tax penalty on oil and gas producers by restoring key investment deductions. This will allow energy producers to reinvest, create jobs, and keep energy prices stable.
    He also worked to make full, immediate expensing permanent so businesses can deduct the full cost of equipment and technology up front. This will drive expansion, innovation, and job creation across Oklahoma. 
    Background
    Lankford has been outspoken on what it would have meant for Oklahomans if the One Big Beautiful Bill hadn’t passed the Senate and if President Trump’s 2017 Tax Cuts expire:
    A staggering 63,000 jobs were projected to be lost.
    The average Oklahoma family faced a $2,013 tax increase.
    Nearly 449,000 households would have seen their child tax credit reduced by 50%.
    Over 233,000 small business owners would have been hit with significant tax hikes.
    More than 1.5 million families would have had their standard deduction cut in half.
    To read more about how this bill helps families, seniors, the vulnerable and disabled, farmers and ranchers, small businesses, as well as strengthens our national defenses, unleashes American energy, and secures the border, see below: 
    How this bill helps families
    This bill delivers the largest tax cut in history, which will result in higher wages and higher take home pay. This is also the most substantial entitlement reform in years, which will help our safety net programs stay viable for those in need.
    The average family will save about $5,000 in additional taxes next year.
    There will be no tax on tips, an increased standard deduction for seniors, no tax on overtime, and a tax break for those who buy new cars made in America.
    This bill will also give families $2,200 per child up to 16 years old every year. It will also create a savings account for every child born between 2025 and the end of 2028 – each account would start with a $1,000 deposit that parents can invest for their kids, giving kids a financial boost from birth.
    In Oklahoma, the long-run wage increase is projected to go from $4,800 to $9,100 according to the Council of Economic Advisers.
    In Oklahoma, the take-home pay increase for a family of four is projected to go from $6,500 to $10,800 according to the Council of Economic Advisers.
    This bill also expands the adoption tax credit and indexes it for inflation. It also allows for tribal governments to decide when a child qualifies as having special needs to extra help under the credit. When adoption can cause as much as $60,000, this tax credit will make it easier for families to welcome a child in need into their lives and homes.
    Police officers, firefighters, truckers, linemen, and others who work overtime will take home an average of more than $1,300 a year because of the no tax on overtime in this bill.
    Those who buy a new American-made car will be able to write off some of the interest from their car loan, which will help families and American manufacturing.
    How this bill helps seniors
    Seniors who make less than $75,000 as an individual or a couple who makes less than $150,000 will see a $6,000 increase in their standard deduction regardless of whether they are receiving Social Security yet or not.
    How this bill helps vulnerable and disabled patients
    This bill is good news for vulnerable and disabled patients because it protects the aged, blind, and disabled from changes to Medicaid. It also blocks Biden’s nursing home staffing mandate that threatened rural care facilities, it boosts physician payments to offset cuts that the Biden administration had implemented, and it ensures continued access to care and incentivizes innovation, especially for those with rare diseases or who need access to telehealth options. It also prohibits tax dollars from going to Planned Parenthood through Medicaid.
    How this bill helps farmers and ranchers
    This bill delivers wins for rural America by expanding the farm safety net, strengthening crop insurance, and supporting agricultural trade. The bill also restores accountability in nutrition programs and ensures food assistance serves Americans in need, not illegal immigrants. 
    This bill would keep two million family farms safe from the death tax by making permanent death tax exemptions from the 2017 Trump Tax Cuts and Jobs Act.
    How this bill incentivizes giving to charity
    Sen. Lankford was proud to lead on restoring a tax deduction for non-itemizers – up to $2,000 per couple – which will help more Americans support charities, houses of worship, and non-profits, especially those that serve the most vulnerable. 
    How this bill helps energy production
    Sen. Lankford also led a repeal of the Biden administration’s unfair tax penalty on oil and gas producers by restoring key investment deductions, which will allow domestic energy producers to reinvest, create jobs, and keep energy costs stable. 
    How this bill helps businesses
    Sen. Lankford worked to make full, immediate expensing permanent, so businesses can deduct investments like equipment and technology up front, which will help fuel job creation and business expansion.
    How this bill cracks down on illegal immigration
    This bill devotes $160 billion to hire more Border Patrol Agents, more ICE officers, and to finish the border wall and invest in technology to secure the border.
    How this bill helps our air traffic control system
    The bill invests $12.5 billion to modernize America’s air traffic control system, by replacing outdated equipment, upgrading safety infrastructure, and expanding controller training so we continue to have the safest skies in the world. 
    How this bill strengthens our national defense
    This bill provides $150 billion to strengthen our military, rebuild our defense industrial base, and support border security missions. It also funds the Golden Dome initiative, boosts efforts to counter China, improves the quality of life for our servicemembers, invests in the tools needed to improve Pentagon accountability and delivers a clean audit.

    MIL OSI USA News

  • MIL-OSI USA: Cornyn Statement on Senate Passage of President Trump’s One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Senator John Cornyn (R-TX) released the following statement after the Senate passed the One Big Beautiful Bill:
    “By passing the One Big Beautiful Bill, the Senate has delivered on President Trump’s hallmark legislative priority of his second term,” said Sen. Cornyn. “This bill puts Texans first by avoiding a massive tax increase on hardworking families, making historic investments to help secure our southern border, reducing financial barriers for Texans exercising their Second Amendment rights, and other priorities I have championed like reimbursing Texas for Operation Lone Star and allowing for the movement of the Space Shuttle Discovery to its rightful home in Houston. I was proud to cast my vote in strong support of this significant legislation, and I urge the House to swiftly send it to President Trump’s desk to become law so we can Make America Great Again.”
    Background:
    The One Big Beautiful Bill contains the following provisions championed by Sen. Cornyn:
    $13.5 billion to reimburse states like Texas for stepping up and trying to secure the southern border during the Biden-Harris administration;
    Language that would result in the consideration of movement of the Space Shuttle Discovery from Virginia to its rightful home near the National Aeronautics and Space Administration’s (NASA) Johnson Space Center (JSC) in Houston;
    A modified version of his Small Business Investment Act, which would make it easier for small and start-up businesses to access the financing they need to grow and succeed;
    Provisions from his Feral Swine Eradication Act to provide $105 million to the Feral Swine Eradication and Control Pilot Program;
    And the reduction of burdensome taxes on certain firearms and silencers to $0.
    It also includes the following tax provisions to benefit Texas families:
    Prevents a more-than $3,000 tax hike on the average Texas family;
    Protects more than half a million Texas jobs from being lost;
    Ensures more than 3.7 million Texas households’ child tax credit is not cut in half;
    Shields more than two million Texas small business owners from a massive tax hike;
    Makes sure more than 12 million Texas families’ standard deduction is not cut in half;
    Establishes work requirements for able-bodied adults who are choosing not to work and do not have dependent children or elderly parents in their care;
    And ensures no taxes on tips or overtime for millions of tipped and hourly workers.
    The bill also makes historic investments in border security through the following provisions:
    $46.5 billion for U.S. Customs and Border Protection (CBP) to build the border wall and associated infrastructure like access roads, cameras, lights, and sensors;
    $4.1 billion for a border personnel surge;
    $45 billion for the detention of illegal migrants;
    $6.1 billion for improvements to surveillance at the border;
    Funding for the U.S. Department of Homeland Security (DHS) to increase staffing and enhance migrant screening and vetting processes;
    Resources for Immigration and Customs Enforcement (ICE) to increase recruitment, onboarding, and retention of ICE staff;
    Funding for the U.S. Department of Justice (DOJ) to hire more immigration judges and staff to address the yearslong backlog of immigration cases and to investigate and prosecute immigration matters;
    And additional resources for law enforcement officers who put their lives on the line to keep our communities safe.

    MIL OSI USA News

  • MIL-OSI United Nations: General Assembly Endorses Nice Ocean Conference Declaration, Adopts $5.38 Billion Peacekeeping Budget

    Source: United Nations 4

    The General Assembly today endorsed the political declaration of the United Nations Ocean Conference, which establishes multilateral ocean governance.  It also adopted the $5.38 billion peacekeeping budget for the year starting 1 July. 

    Titled “Our Ocean, Our Future:  United for Urgent Action” (A/79/L.97), the declaration was adopted by acclamation at the close of the Conference held earlier this month in Nice, France.  However, today’s formal endorsement by the 193-member Assembly required a recorded vote, with 162 in favour to 1 against (United States), with no abstentions.  

    Several delegations objected to the vote, with the representative of France, co-host of the Conference along with Costa Rica, highlighting its strong political declaration and robust initiatives for the future as “a victory for the ocean”.  “The ocean doesn’t know borders” and neither should “our efforts to protect it”, said Costa Rica’s delegate, noting his country’s “steadfast” commitment to protecting the oceans.  He welcomed the momentum generated at the Conference for an early entry into force of the Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction (BBNJ Agreement).  He also hailed promises to accede to the World Trade Organization (WTO) agreement to end subsidies for overfishing and decisive support for a plastic pollution convention as soon as possible.

    Brazil’s representative noted that the seas are “the planet’s main climate regulator” but “are running a fever”, while Australia’s delegate saw the adoption of this text as a testament to a collective commitment to address the urgency of climate change, biodiversity loss, and ocean pollution.  The United States’ delegate said the focus on implementing Sustainable Development Goal 14 is inconsistent with its position on the 2030 Agenda for Sustainable Development.

    Iraq’s delegate, speaking for the Group of 77 and China, noted that implementing Goal 14 requires more ambitious financial action, fulfillment of commitments made through intergovernmental agreements, and increased resources for small island developing States (SIDS) and least developed countries. 

    For her part, Venezuela’s delegate noted she had joined the consensus, while reiterating that it was not a party to the United Nations Convention on the Law of the Sea, which is “not the only single legal and regulatory framework for oceans and seas” — a position echoed by representatives of Iran, Türkiye, and El Salvador.

    Meanwhile, Argentina’s representative disassociated his delegation from all paragraphs referring to the 2030 Agenda and the Pact for the Future, as well as all paragraphs contradicting the guiding principles of the protection of life, liberty, and private property. 

    The Russian Federation’s delegate disassociated from the consensus on paragraph 26 of the declaration, which emphasizes the importance of the early entry into force of the BBNJ Agreement.  The instrument would undermine the provisions of the Convention on the Law of the Sea and the Agreement on Straddling Fish Stocks, with its norms allowing for impingement on the mandates and competencies of fisheries organizations.

    Japan’s representative hailed the adoption as “not the end but just the beginning of our renewed commitment to achieving SDG 14”, while Singapore’s delegate stated that the Convention on the Law of the Sea remains the “constitution for the oceans”, calling on Member States to fully respect it. 

    $5.38 Billion Budget for Peacekeeping Operations

    Acting on the recommendations of its Fifth Committee (Administrative and Budgetary), the Assembly also allocated a budget of $5.38 billion to 11 UN peacekeeping operations, the support account for these operations, the Regional Service Centre in Entebbe, and the Logistics Base in Brindisi.  These resolutions were adopted without a vote, with the exception of the resolution on the United Nations Interim Force in Lebanon (UNIFIL) (A/C.5/79/L.36/Rev.1), which was adopted by 147 votes in favour to 3 against (Argentina, Israel, United States), with 1 abstention (Paraguay), after an oral amendment proposed by Israel was rejected by 5 votes in favour (Argentina, Canada, Israel, Paraguay, United States) to 83 against, with 57 abstentions. 

    The Assembly further adopted a draft resolution on the “Comprehensive review of the whole question of peacekeeping operations in all their aspects” (A/79/424/Add.1), which was approved and forwarded by its Fourth Committee (Special Political and Decolonization).

    Tackling Illicit Trafficking in Wildlife

    The Assembly then adopted, by 157 votes in favour to 1 against (United States), with no abstentions, a draft resolution (A/79/L.96) submitted by the representative of Germany, by which the Assembly urges Member States to reinforce their efforts and adopt effective measures, as necessary, including by using special investigative techniques, consistent with article 20 of the United Nations Convention against Transnational Organized Crime, to prevent, investigate, prosecute and punish crimes that affect the environment, such as illicit trafficking in wildlife and wildlife products, which encompasses poaching and illegal harvesting of timber, including fauna and flora as protected by the Convention on International Trade in Endangered Species of Wild Fauna and Flora.

    Speaking in explanation of position, the United States delegate noted that the text contained matters that “should be discussed in Vienna-based anti-crime fora rather than in the General Assembly”. Further, he opposed the use of the term “gender mainstreaming,” insisting on the “biological reality of sex”. For his part, Argentina’s representative dissociated his delegation from all paragraphs concerning the 2030 Agenda and those that go against the protection of life and private property, including preambular paragraphs 1, 2, 18, 34 and operative paragraph 27.

    Promoting Interreligious, Intercultural Dialogue, Tolerance in Countering Hate Speech

    The Assembly also adopted a draft resolution (A/79/L.98) on combating hate speech, introduced by Morocco, by a recorded vote of 111 in favour to 1 against (United States), with 44 abstentions.  By the text, the Assembly called upon Member States to increase understanding about the spread and impact of hate speech, while continuing to adhere to relevant international human rights law obligations, as well as relevant United Nations instruments, in particular the Rabat Plan of Action.  Further, the Assembly called upon digital technology companies and developers to continue to develop solutions and publicly communicate actions to counter potential harms, including hate speech, bias and discrimination, from artificial intelligence-enabled content, including such measures as ensuring data integrity, incorporation of safeguards into artificial intelligence model training processes, identification of artificial-intelligence-generated material, authenticity certification for content and origins, labelling, watermarking and other techniques.

    Poland’s delegate, speaking for the European Union, whose members abstained from voting, emphasized that freedom of belief and religion applies to individuals, not objects or symbols, expressing reservations about preambular paragraph 14.

    The wording of that paragraph presents “serious concerns” in terms of freedom of expression and religious pluralism, noted the representative of Costa Rica, which further emphasized that combating hate speech cannot be achieved at the expense of freedom of expression.

    Hungary’s delegate indicated she could not support operative paragraph 23, which highlights one specific group, migrants, while the representative of the United Kingdom, who also abstained, refused to consider a text criticizing religion as incitement to hatred.

    Any restriction on freedom of expression must be circumscribed by law, necessary, and proportionate, argued Switzerland’s delegate, emphasizing that human rights protect individual beings, not religions or objects.  Furthermore, defamation of religions or religious defamation are not legal concepts recognized under international law.  For all these reasons, she voiced regret over the wording of preambular paragraph 14.

    For his part, Brazil’s delegate dissociated itself from paragraphs 11, 12, and 13, given that there is no agreed definition of hate speech and that this concept could be politicized.  Canada’s representative remained committed to the principle that everyone can exercise their freedom of belief and religion without fear of violence, also welcoming the attention paid to new technologies, while voicing concern over the wording of preambular paragraph 14 on acts directed against religious symbols and holy books.

    The Wiphala for Living Well in Harmony, Balance, Complementarity with Mother Earth

    The Assembly further adopted, by a recorded vote of 139 votes in favour to 2 against (United States, Israel), with 5 abstentions (Canada, Georgia, Paraguay, Peru, Türkiye), a draft resolution (A/79/L.95) introduced by Bolivia, who noted the Wiphala is “an age-old symbol born out of the deepest roots of Indigenous Peoples,” an expression of “the seven colors of the rainbow” and living in harmony with Mother Earth.  By the text, the Assembly called upon the international community to advance in the understanding, tolerance and solidarity among all peoples and cultures, and to strengthen efforts to eradicate manifestations of racism, racial discrimination, xenophobia and related intolerance, including against Indigenous Peoples, and promote respect for the diversity of their cultural manifestations, traditions, practices and knowledge systems.

    The United States representative, speaking before the vote, noted his delegation opposed the resolution’s focus on a single Indigenous community, further stating that the symbol remains controversial.  

    Mexico’s representative voiced regret that the Wiphala is limited to Bolivia and nearby regions, while Peru’s delegate pointed out that the text does not sufficiently detail the exact cultural origin of the symbol, and that the concept does not have a defined definition in a UN context. 

    While recognizing the cultural importance of the Wiphala for certain peoples of the Andean region, Canada’s delegate considered it inappropriate for the Assembly to designate a symbol specific to a geographical area as representing all Indigenous Peoples internationally.  This choice must be made by the Indigenous Peoples themselves, not by the UN, he said.

    MIL OSI United Nations News

  • MIL-OSI United Nations: Deputy Secretary-General’s Remarks at the High-level session of the International Business Forum “The Future of Development Finance and the Role of the Private Sector” [as prepared for delivery]

    Source: United Nations secretary general

    Excellencies,
    Dear friends,
    It is a privilege to join you today at this pivotal moment for the future of development finance.
    Sadly, the world faces a sustainable development crisis.
    Trade barriers are growing. Aid budgets are shrinking. Macroeconomic risks are mounting.
    Debt burdens are dragging down growth. Climate shocks are hitting harder and more often.
    Development finance is at a critical inflection point.
    Official Development Assistance, long a cornerstone of international solidarity, declined by 7 per cent in real terms last year. And further cuts are already on the table.
    But the real picture is even starker. Much of what is counted as ODA today is being redirected to cover domestic priorities, not long-term SDG investments.
    At the same time, the SDG financing gap has ballooned to 4 trillion dollars a year.
    Yet, amid this sobering reality lies an opportunity:
    An opportunity to reimagine development finance for the world we live in now.
    To move from a model built on assistance, to one driven by purpose and partnership. From international assistance, to strategic, sustainable investment.
    In this new vision, public finance, national and international, remains essential. Especially in sectors where market incentives are weak but human needs are immense, like education, health, social protection.
    But public finance alone cannot carry the weight. It must be used to unlock and leverage private investment, at scale and with speed.
    The question we need to answer is clear:
    What will it take for private capital to flow where it is most needed?
    The outcome document of the FFD4 conference, the “Sevilla Commitment”, puts forward a compelling action agenda that seeks to answer this question.
    First, we need an enabling business environment, supported by strong institutions, policy coherence, and investment pipelines.
    Second, we need better blended finance vehicles that deliver sustainable development impact and align with developing countries’ national priorities. 
    This requires standardizing blended finance with replicable and scalable structures, a ready pipeline of bankable projects, and more transparency in the development outcomes of transactions.
    Third, we need financial innovation. Equity instruments. Auction mechanisms. Creative tools that allow public and private actors to share risk and reward more fairly.
    Fourth, we must scale up aggregation platforms that expand catalytic capital and reduce transaction costs by pooling resources from international financial institutions.
    Fifth, it is time to reassess prudential regulations that may unintentionally discourage long-term investments in developing countries.
    We need to engage with regulators to ensure risk is not mispriced and regulation enables greater use of risk-sharing tools.
    Let’s be clear: we must dramatically expand our sources of development capital, and we must do so urgently and intentionally.
    This is why the United Nations calls on all actors across the investment ecosystem to join us in a long-term, collaborative effort to reshape development finance.
    At the UN, we are taking concrete steps to strengthen partnerships to unlock capital for sustainable development.
    Platforms such as the Global Investors for Sustainable Development (GISD) Alliance are bringing together private investors, foundations, policymakers, and leaders across the development finance spectrum. These leaders can shape sustainable finance frameworks, identify investment barriers, and pilot innovative solutions.
    Working together we can coordinate action, amplify impact, and accelerate the global shift toward long-term, responsible development finance.
    Private sector partners bring more than capital. They bring creativity, agility, and scale. They can power the transition to green energy, accelerate digital inclusion, and revolutionize service delivery.
    Philanthropic partners are also uniquely positioned to take risks others cannot, test innovations, and address gaps that markets and governments may not reach.
    They can back new models and ideas in early stage projects, or help unlock larger flows of investment by building proof points and trust.
    Above all, our financing systems must work for those who have historically been excluded, and on a practical level that means that means removing structural barriers that keep capital out of the hands of women-led businesses, youth innovators, and underserved communities.
    Excellencies,
    This is not about making tweaks here and there. It is about rethinking the fundamentals.
    The current financial system was not built for today’s world. Let alone tomorrow’s.
    We need a system that allocates capital not only by profit, but by purpose, not only by returns, but by impact.
    The next chapter of development finance is not yet written. But it must be a shared story written by all of us, and accountable to all people.
    So, let’s seize this moment and step into this new era not as donors or beneficiaries, but as equal partners, and deliver on the promise of sustainable development.
    On behalf of the United Nations, I thank you for your leadership, your ideas, and your resolve.
    Thank you.

    ***
     

    MIL OSI United Nations News

  • MIL-OSI United Nations: Deputy Secretary-General’s Remarks at the Joint SDG Fund FfD4 Side session “Catalyzing Change: Unlocking Impactful Financing at Scale through the United Nations Joint SDG Fund” [as prepared for delivery]

    Source: United Nations secretary general

    Mr. Sergio Colina, Director General for Development Policies, Spain;
    H.E. Ms. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation of Egypt;
    H.E. Mr. Mthuli Ncube, Minister of Finance, Economic Development and Investment Promotion of Zimbabwe;
    Dear friends,
    I am delighted to join you today to showcase how the UN Joint SDG Fund is turning the FfD4 vision into a reality on the ground.
    Ten years into the implementation of the 2030 Agenda, we face a stark reality: while progress on the SDGs has delivered for millions, it has not kept pace with the scale of global challenges. The financing gap for the SDGs now exceeds $4 trillion annually, while multiple crises and shifting priorities threaten our collective ambition.
    Delivering on the vision of the 2030 Agenda requires finding and scaling-up innovative solutions.
    This is the purpose of the Joint SDG Fund. The Fund is an innovative and powerful instrument to drive change, break siloed approaches, and unlock financing at scale.
    Since its inception, the Fund has committed over US$380 million, enabling a whole-of-UN-system response to pressing challenges. This commitment has leveraged a further US$6.6 billion in contributions from the wider ecosystem of development partners at country level.
    This is a clear demonstration of how finite resources, applied strategically, can crowd-in far greater volumes of capital, and result in far greater impact, for the SDGs.
    The secret to the Fund’s success is its innovative approach to financing. Through blended and innovative finance mechanisms — from SDG bonds to energy financing facilities to credit enhancement guarantees — the Fund demonstrates how strategic risk-sharing can attract private capital for sustainable development, while bringing partners together to deliver solutions.
    Consider the following 5 examples:
    In Indonesia, the Joint SDG Fund supported green and social investments, mobilizing US$4.6 billion through specialized bonds that benefited over 7.5 million students and restored 50,000 hectares of mangrove forests.
    In Uruguay, the Renewable Energy Innovation Fund achieved a 1:6 leverage ratio by partnering with seven banks that together account for 80 percent of the country’s financial sector.
    Kenya’s innovative health financing reached over 1.5 million young people through results-based payment mechanisms working with impact investors.
    North Macedonia’s Green Finance Facility channels resources through six local banks, directing US$46.5 million toward environmental projects while supporting women-headed households, Roma communities, and persons with disabilities. This was achieved in partnership with the European Bank for Reconstruction and Development and others.
    And Zimbabwe’s Renewable Energy Fund showcases how partnerships with private equity funds, such as Old Mutual, can mobilize capital for women and youth-led enterprises in challenging markets.
    These are just a few powerful examples.
    The Fund’s success also stems from its unique positioning within the UN development system, leveraging UN Resident Coordinators’ convening role and UN Country Teams’ technical expertise.
    Fundamentally, the Fund represents multilateralism at its most effective – creating a collaborative platform extending beyond the UN system to enable and grow partnerships across the development and finance community.
    But delivering on the Fund’s full potential requires expanded partnership.
    I call on all Member States, development finance institutions, and private sector partners to deepen engagement with the Fund – not only through financial commitments but through strategic partnerships to keep pushing the boundaries of what is possible.
    Today, we will hear about success stories from Zimbabwe to North Macedonia, from Cabo Verde to Suriname. These prove that, with the right instruments and partnerships, we can turn global commitments into tangible local transformation.
    The FFD4 outcome document, the “Sevilla Commitment,” calls for a global SDG investment push.
    This is possible by elevating the role of governments in guiding strategic investments;
    By all development partners, including development banks, working as a system;
    By removing barriers to private capital;
    And by ensuring that investments from all partners are designed to deliver the greatest possible impact.
    The Fund stands ready to support and enable this important vision.
    With innovation, partnerships, and the catalytic financing that the Joint SDG Fund provides, sustainable development for all remains within our reach.
    Let’s get there together.
    Thank you.
     

    MIL OSI United Nations News

  • MIL-OSI USA: Mobile Disaster Recovery Centers Open in Davidson, Dyer and Wilson Counties

    Source: US Federal Emergency Management Agency 2

    Mobile Disaster Recovery Centers Open in Davidson, Dyer and Wilson Counties

    Mobile Disaster Recovery Centers are now open in Davidson, Dyer and Wilson counties to assist Tennesseans who experienced damage or loss from the April 2-24 severe storms, straight-line winds, tornadoes and flooding. The following recovery centers will temporarily close on Friday, July 4 in observance of Independence Day.Davidson County: Nashville Looby Public Library, 2301 Rosa L. Parks Blvd., Nashville, TN 37228Hours: 8 a.m.–6 p.m. CT Tuesday-Saturday; open until Saturday, July 5Dyer County: Bogota Community Center, 78 Sandy Lane, Bogota, TN 38007Hours: 8 a.m.–6 p.m. CT Tuesday-Sunday; open until Sunday, July 6Wilson County: Wilson County Fair Grounds, 945 E. Baddour Pkwy., Lebanon, TN 37087Hours: 8 a.m.–6 p.m. CT Tuesday-Sunday; open until Sunday, July 6When any of the above recovery centers move to a new location or a new recovery center opens, details will be provided to the public. To find a center near you, visit fema.gov/drc.Homeowners and renters in Cheatham, Davidson, Dickson, Dyer, Hardeman, McNairy, Montgomery, Obion and Wilson counties can apply for FEMA assistance at a recovery center. FEMA representatives will help with applications for federal assistance and provide information about other disaster recovery resources. FEMA financial assistance may include money for basic home repairs or other uninsured, disaster-related needs, such as childcare, vehicle, medical needs, funeral expenses or the replacement of personal property.In addition to FEMA personnel, representatives from the U.S. Small Business Administration and state agencies will be available to assist survivors.It is not necessary to go to a center to apply for FEMA assistance. Apply online at DisasterAssistance.gov, use the FEMA App for mobile devices or call the FEMA Helpline at 800-621-3362. Lines are open seven days a week and specialists speak many languages. To view an accessible video on how to apply, visit Three Ways to Apply for FEMA Disaster Assistance – YouTube.
    kwei.nwaogu
    Tue, 07/01/2025 – 14:31

    MIL OSI USA News

  • MIL-OSI USA: A New Alloy is Enabling Ultra-Stable Structures Needed for Exoplanet Discovery

    Source: NASA

    A unique new material that shrinks when it is heated and expands when it is cooled could help enable the ultra-stable space telescopes that future NASA missions require to search for habitable worlds.

    One of the goals of NASA’s Astrophysics Division is to determine whether we are alone in the universe. NASA’s astrophysics missions seek to answer this question by identifying planets beyond our solar system (exoplanets) that could support life. Over the last two decades, scientists have developed ways to detect atmospheres on exoplanets by closely observing stars through advanced telescopes. As light passes through a planet’s atmosphere or is reflected or emitted from a planet’s surface, telescopes can measure the intensity and spectra (i.e., “color”) of the light, and can detect various shifts in the light caused by gases in the planetary atmosphere. By analyzing these patterns, scientists can determine the types of gasses in the exoplanet’s atmosphere.
    Decoding these shifts is no easy task because the exoplanets appear very near their host stars when we observe them, and the starlight is one billion times brighter than the light from an Earth-size exoplanet. To successfully detect habitable exoplanets, NASA’s future Habitable Worlds Observatory will need a contrast ratio of one to one billion (1:1,000,000,000).
    Achieving this extreme contrast ratio will require a telescope that is 1,000 times more stable than state-of-the-art space-based observatories like NASA’s James Webb Space Telescope and its forthcoming Nancy Grace Roman Space Telescope. New sensors, system architectures, and materials must be integrated and work in concert for future mission success. A team from the company ALLVAR is collaborating with NASA’s Marshall Space Flight Center and NASA’s Jet Propulsion Laboratory to demonstrate how integration of a new material with unique negative thermal expansion characteristics can help enable ultra-stable telescope structures.
    Material stability has always been a limiting factor for observing celestial phenomena. For decades, scientists and engineers have been working to overcome challenges such as micro-creep, thermal expansion, and moisture expansion that detrimentally affect telescope stability. The materials currently used for telescope mirrors and struts have drastically improved the dimensional stability of the great observatories like Webb and Roman, but as indicated in the Decadal Survey on Astronomy and Astrophysics 2020 developed by the National Academies of Sciences, Engineering, and Medicine, they still fall short of the 10 picometer level stability over several hours that will be required for the Habitable Worlds Observatory. For perspective, 10 picometers is roughly 1/10th the diameter of an atom.

    NASA’s Nancy Grace Roman Space Telescope sits atop the support structure and instrument payloads. The long black struts holding the telescope’s secondary mirror will contribute roughly 30% of the wave front error while the larger support structure underneath the primary mirror will contribute another 30%.
    Credit: NASA/Chris Gunn
    Funding from NASA and other sources has enabled this material to transition from the laboratory to the commercial scale. ALLVAR received NASA Small Business Innovative Research (SBIR) funding to scale and integrate a new alloy material into telescope structure demonstrations for potential use on future NASA missions like the Habitable Worlds Observatory. This alloy shrinks when heated and expands when cooled—a property known as negative thermal expansion (NTE). For example, ALLVAR Alloy 30 exhibits a -30 ppm/°C coefficient of thermal expansion (CTE) at room temperature. This means that a 1-meter long piece of this NTE alloy will shrink 0.003 mm for every 1 °C increase in temperature. For comparison, aluminum expands at +23 ppm/°C.

    While other materials expand while heated and contract when cooled, ALLVAR Alloy 30 exhibits a negative thermal expansion, which can compensate for the thermal expansion mismatch of other materials. The thermal strain versus temperature is shown for 6061 Aluminum, A286 Stainless Steel, Titanium 6Al-4V, Invar 36, and ALLVAR Alloy 30.
    Because it shrinks when other materials expand, ALLVAR Alloy 30 can be used to strategically compensate for the expansion and contraction of other materials. The alloy’s unique NTE property and lack of moisture expansion could enable optic designers to address the stability needs of future telescope structures. Calculations have indicated that integrating ALLVAR Alloy 30 into certain telescope designs could improve thermal stability up to 200 times compared to only using traditional materials like aluminum, titanium, Carbon Fiber Reinforced Polymers (CFRPs), and the nickel–iron alloy, Invar.

    To demonstrate that negative thermal expansion alloys can enable ultra-stable structures, the ALLVAR team developed a hexapod structure to separate two mirrors made of a commercially available glass ceramic material with ultra-low thermal expansion properties. Invar was bonded to the mirrors and flexures made of Ti6Al4V—a titanium alloy commonly used in aerospace applications—were attached to the Invar. To compensate for the positive CTEs of the Invar and Ti6Al4V components, an NTE ALLVAR Alloy 30 tube was used between the Ti6Al4V flexures to create the struts separating the two mirrors. The natural positive thermal expansion of the Invar and Ti6Al4V components is offset by the negative thermal expansion of the NTE alloy struts, resulting in a structure with an effective zero thermal expansion.
    The stability of the structure was evaluated at the University of Florida Institute for High Energy Physics and Astrophysics. The hexapod structure exhibited stability well below the 100 pm/√Hz target and achieved 11 pm/√Hz. This first iteration is close to the 10 pm stability required for the future Habitable Worlds Observatory. A paper and presentation made at the August 2021 Society of Photo-Optical Instrumentation Engineers conference provides details about this analysis.
    Furthermore, a series of tests run by NASA Marshall showed that the ultra-stable struts were able to achieve a near-zero thermal expansion that matched the mirrors in the above analysis. This result translates into less than a 5 nm root mean square (rms) change in the mirror’s shape across a 28K temperature change.

    Beyond ultra-stable structures, the NTE alloy technology has enabled enhanced passive thermal switch performance and has been used to remove the detrimental effects of temperature changes on bolted joints and infrared optics. These applications could impact technologies used in other NASA missions. For example, these new alloys have been integrated into the cryogenic sub-assembly of Roman’s coronagraph technology demonstration. The addition of NTE washers enabled the use of pyrolytic graphite thermal straps for more efficient heat transfer. ALLVAR Alloy 30 is also being used in a high-performance passive thermal switch incorporated into the UC Berkeley Space Science Laboratory’s Lunar Surface Electromagnetics Experiment-Night (LuSEE Night) project aboard Firefly Aerospace’s Blue Ghost Mission 2, which will be delivered to the Moon through NASA’s CLPS (Commercial Lunar Payload Services) initiative. The NTE alloys enabled smaller thermal switch size and greater on-off heat conduction ratios for LuSEE Night.
    Through another recent NASA SBIR effort, the ALLVAR team worked with NASA’s Jet Propulsion Laboratory to develop detailed datasets of ALLVAR Alloy 30 material properties. These large datasets include statistically significant material properties such as strength, elastic modulus, fatigue, and thermal conductivity. The team also collected information about less common properties like micro-creep and micro-yield. With these properties characterized, ALLVAR Alloy 30 has cleared a major hurdle towards space-material qualification.
    As a spinoff of this NASA-funded work, the team is developing a new alloy with tunable thermal expansion properties that can match other materials or even achieve zero CTE. Thermal expansion mismatch causes dimensional stability and force-load issues that can impact fields such as nuclear engineering, quantum computing, aerospace and defense, optics, fundamental physics, and medical imaging. The potential uses for this new material will likely extend far beyond astronomy. For example, ALLVAR developed washers and spacers, are now commercially available to maintain consistent preloads across extreme temperature ranges in both space and terrestrial environments. These washers and spacers excel at counteracting the thermal expansion and contraction of other materials, ensuring stability for demanding applications.
    For additional details, see the entry for this project on NASA TechPort.
    Project Lead: Dr. James A. Monroe, ALLVAR
    The following NASA organizations sponsored this effort: NASA Astrophysics Division, NASA SBIR Program funded by the Space Technology Mission Directorate (STMD).

    MIL OSI USA News