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Category: Business

  • MIL-OSI: Alectra Inc. recognized by Corporate Knights as one of Canada’s Best 50 Corporate Citizens for 2025

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, June 25, 2025 (GLOBE NEWSWIRE) — Alectra Inc. is ranked among Canada’s Best 50 Corporate Citizens for 2025 by Corporate Knights, marking its seventh consecutive year on the list. Alectra placed second among transmission and distribution utilities and 11th overall in the annual ranking.

    The Best 50 Corporate Citizens list evaluates companies across up to 25 ESG indicators—ranging from carbon emissions and clean revenue to diversity and governance.

    “Being named one of Canada’s Best 50 Corporate Citizens for the seventh year in a row is an incredible honour,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “This recognition affirms Alectra’s ongoing commitment to making a measurable, positive contribution to the environment, our customers, and the communities we serve.”

    On June 13, Alectra released its Environmental, Social, and Governance report titled “Discovering the Possibilities”, showcasing significant progress toward its long-term sustainability goals while continuing to deliver reliable, affordable energy services to more than one million homes and businesses across Ontario.

    Key achievements include:

    • GHG Emissions Reduction: achieved a 21.1 per cent reduction in greenhouse gas emissions compared to 2023.
    • Grid Modernization: Invested $460 million in grid renewal and replacement projects to modernize the electricity grid.
    • Community Investments: Allocated $1.39 million through the AlectraCARES Community Support Program, supporting over 150 local health, housing and food security initiatives.

    For more information on the full methodology behind the Best 50 Corporate Citizens ranking, please visit https://www.corporateknights.com/issues/2025-06-best-50-issue/these-50-canadian-corporations-are-carving-out-a-more-sustainable-future/.

    For information on Alectra’s commitment to sustainability visit Alectra’s 2024 Sustainability Report here: alectra.com/annual-sustainability-report.

    About Alectra’s Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Our mission is to be an energy ally, helping our customers and the communities we serve to discover the possibilities of tomorrow’s energy future.

    X: https://twitter.com/alectranews

    Facebook: https://www.facebook.com/alectranews/

    Instagram: https://www.instagram.com/alectranews/?hl=en

    LinkedIn: https://www.linkedin.com/company/16178435/admin/

    Bluesky: https://bsky.app/profile/alectranews.bsky.social

    YouTube: https://www.youtube.com/alectranews

    Media Contact

    Ashley Trgachef, Media Spokesperson ashley.trgachef@alectrautilities.com |
    Telephone: 416.402.5469 | 24/7 Media Line: 1-833-MEDIA-LN

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d05ed8e2-7d95-47b5-8b5b-afc27918e4d3

    The MIL Network –

  • MIL-OSI: IdentiFlight Partners with Aerovantage to Offer AI-Driven Bird Protection in Chilean Wind Farms

    Source: GlobeNewswire (MIL-OSI)

    LOUISVILLE, Colo., June 25, 2025 (GLOBE NEWSWIRE) — Boulder Imaging has announced a strategic partnership with Aerovantage, the official distributor of IdentiFlight in Chile, to expand its global reach and enhance wildlife conservation within the wind energy sector. With a shared commitment to integrating cutting-edge technology with environmental stewardship, Aerovantage will spearhead Boulder Imaging’s deployments of IdentiFlight in Chile’s rapidly growing renewable energy industry.

    As Chile accelerates its transition to renewable energy, Aerovantage brings specialized expertise in environmental technology solutions, including bird detection systems, environmental monitoring, and sustainable engineering. This collaboration will advance the IdentiFlight mission to mitigate the impact of wind energy on biodiversity, with the system achieving 99 percent accuracy and reducing bird fatalities in wind farms by over 85 percent across 12 countries on five continents.

    “Chile’s commitment to renewable energy must go hand in hand with protecting its rich biodiversity,” said Ricardo Jorquera, President of Aerovantage. “Our country is home to unique and vulnerable bird species, and the growth of wind energy requires innovative conservation measures. Partnering with IdentiFlight to deploy these advanced systems in Chilean wind farms ensures that our renewable energy expansion is sustainable and responsible.”

    “Working with Aerovantage allows us to deliver innovative solutions that reflect our shared values of sustainability and environmental responsibility,” said Carlos Jorquera, Founder, CEO, and CTO of Boulder Imaging. “As someone with deep ties to Chile, this partnership carries special meaning for me. It is especially meaningful to see our technology contribute to the advancement of renewable energy and the protection of biodiversity in this region.”

    Developed by Boulder Imaging, IdentiFlight is a cutting-edge bird detection and informed shutdown-on-demand system designed to minimize the environmental impact of wind energy projects. Utilizing advanced artificial intelligence and optical sensor technology, IdentiFlight detects, identifies, and assesses risks to sensitive bird species, such as the Andean condor and the Chilean flamingo. If the system determines that a collision risk exceeds a predetermined threshold, IdentiFlight will trigger a temporary shutdown of impacted wind turbines, balancing energy production with environmental protection.

    The first IdentiFlight station in Chile is scheduled to be installed in 2025. This system has been trained to detect and identify over 100 bird species worldwide and plans to add 30 new species unique to South America by the end of the year.

    Join the Movement for Sustainable Wind Energy
    To learn more about IdentiFlight’s innovative conservation technology, visit www.identiflight.com.
    To collaborate on conservation and wind energy projects in Chile, visit www.aerovantage.cl.

    About Boulder Imaging
    Founded in 1995, Boulder Imaging develops and delivers innovative machine vision and artificial intelligence solutions that redefine quality assurance. With unmatched speed, accuracy, and scalability, its inspection systems address complex challenges in industries such as renewable energy, automotive, architectural products, and security paper. Headquartered in Colorado, Boulder Imaging is dedicated to advancing machine vision technology to meet global inspection needs.

    For more information, visit www.boulderimaging.com.

    About Aerovantage
    Aerovantage is a leader in environmental technology solutions, focused on integrating advanced engineering with sustainable practices. With expertise in bird detection systems, environmental monitoring, and renewable energy solutions, Aerovantage supports industries in achieving growth while preserving Chile’s natural ecosystems. The company is committed to leveraging technology to address environmental challenges and promote biodiversity conservation.

    For more information, visit www.aerovantage.cl.

    CONTACT INFORMATION
    Tawney Eisenbraun
    Marketing and Communications Manager
    sales@identiflight.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/742acbcf-9b53-4750-9ba4-70c0fbd12b8a

    The MIL Network –

  • MIL-OSI: IdentiFlight Partners with Aerovantage to Offer AI-Driven Bird Protection in Chilean Wind Farms

    Source: GlobeNewswire (MIL-OSI)

    LOUISVILLE, Colo., June 25, 2025 (GLOBE NEWSWIRE) — Boulder Imaging has announced a strategic partnership with Aerovantage, the official distributor of IdentiFlight in Chile, to expand its global reach and enhance wildlife conservation within the wind energy sector. With a shared commitment to integrating cutting-edge technology with environmental stewardship, Aerovantage will spearhead Boulder Imaging’s deployments of IdentiFlight in Chile’s rapidly growing renewable energy industry.

    As Chile accelerates its transition to renewable energy, Aerovantage brings specialized expertise in environmental technology solutions, including bird detection systems, environmental monitoring, and sustainable engineering. This collaboration will advance the IdentiFlight mission to mitigate the impact of wind energy on biodiversity, with the system achieving 99 percent accuracy and reducing bird fatalities in wind farms by over 85 percent across 12 countries on five continents.

    “Chile’s commitment to renewable energy must go hand in hand with protecting its rich biodiversity,” said Ricardo Jorquera, President of Aerovantage. “Our country is home to unique and vulnerable bird species, and the growth of wind energy requires innovative conservation measures. Partnering with IdentiFlight to deploy these advanced systems in Chilean wind farms ensures that our renewable energy expansion is sustainable and responsible.”

    “Working with Aerovantage allows us to deliver innovative solutions that reflect our shared values of sustainability and environmental responsibility,” said Carlos Jorquera, Founder, CEO, and CTO of Boulder Imaging. “As someone with deep ties to Chile, this partnership carries special meaning for me. It is especially meaningful to see our technology contribute to the advancement of renewable energy and the protection of biodiversity in this region.”

    Developed by Boulder Imaging, IdentiFlight is a cutting-edge bird detection and informed shutdown-on-demand system designed to minimize the environmental impact of wind energy projects. Utilizing advanced artificial intelligence and optical sensor technology, IdentiFlight detects, identifies, and assesses risks to sensitive bird species, such as the Andean condor and the Chilean flamingo. If the system determines that a collision risk exceeds a predetermined threshold, IdentiFlight will trigger a temporary shutdown of impacted wind turbines, balancing energy production with environmental protection.

    The first IdentiFlight station in Chile is scheduled to be installed in 2025. This system has been trained to detect and identify over 100 bird species worldwide and plans to add 30 new species unique to South America by the end of the year.

    Join the Movement for Sustainable Wind Energy
    To learn more about IdentiFlight’s innovative conservation technology, visit www.identiflight.com.
    To collaborate on conservation and wind energy projects in Chile, visit www.aerovantage.cl.

    About Boulder Imaging
    Founded in 1995, Boulder Imaging develops and delivers innovative machine vision and artificial intelligence solutions that redefine quality assurance. With unmatched speed, accuracy, and scalability, its inspection systems address complex challenges in industries such as renewable energy, automotive, architectural products, and security paper. Headquartered in Colorado, Boulder Imaging is dedicated to advancing machine vision technology to meet global inspection needs.

    For more information, visit www.boulderimaging.com.

    About Aerovantage
    Aerovantage is a leader in environmental technology solutions, focused on integrating advanced engineering with sustainable practices. With expertise in bird detection systems, environmental monitoring, and renewable energy solutions, Aerovantage supports industries in achieving growth while preserving Chile’s natural ecosystems. The company is committed to leveraging technology to address environmental challenges and promote biodiversity conservation.

    For more information, visit www.aerovantage.cl.

    CONTACT INFORMATION
    Tawney Eisenbraun
    Marketing and Communications Manager
    sales@identiflight.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/742acbcf-9b53-4750-9ba4-70c0fbd12b8a

    The MIL Network –

  • MIL-OSI: POET Wins AI Hardware Innovation Award in 2025 AI Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced that it has been selected as the winner of the “AI Hardware Innovation Award” in the 8th annual AI Breakthrough Awards. The awards program recognized POET Teralight™, the Company’s ultra-high-performance line of optical engines that power AI and hyperscale data-center connectivity. It is the second consecutive year that the AI Breakthrough Awards has recognized POET for its groundbreaking, commercially available technology. This is the sixth notable award the Company has won in the past 12 months.

    POET Teralight™ features a highly integrated chip-scale design that is produced entirely at wafer level. The complete optical system-on-chip consists of a 1.6T transmit optical engine and a 1.6T receive optical engine, each approximately 12×12 mm in size. Without wire bonds, Teralight’s chip-scale architecture delivers unparalleled low signal-to-noise ratios and high energy efficiency. Unlike conventional design and development team efforts, with POET’s optical engines, a single design team can build both 1.6T DR8 and 2xFR4 pluggable modules using the identical board design and manufacturing process.

    The Teralight transmit optical engine incorporates 2x200G EML lasers from Mitsubishi Electric, enabling a 1.6T engine with only four laser chips instead of the conventional 8-laser alternative. The transmit engines also include a DC-coupled EML driver that is flip-chip attached to the POET Optical Interposer™. The integrated high-speed electrical traces and optical waveguides on the optical interposer platform enable enhanced performance by minimizing crosstalk and maximizing coupling efficiency. Those features and the overall elegance of the optical interposer-based design were key factors that convinced AI Breakthrough’s jury of industry leaders to select Teralight as this year’s top AI Hardware Innovation.

    “We introduced Teralight at the OFC Conference in April knowing it would create substantial customer interest because of the cost reduction and simplified module design. Our product demos have shown impressive results and have led to multiple new customer engagements. We are working with major companies to make Teralight an essential component in their transceiver module designs,” said Dr. Suresh Venkatesan, Chairman and CEO of POET. “This latest recognition by AI Breakthrough is an important validation of our technology and the innovations we continue to bring to the marketplace. Teralight’s elegant architecture makes it ready to accommodate future generations of compute devices, particularly those that drive AI connectivity.”

    This year’s AI Breakthrough Awards program attracted more than 5,000 nominations from over 20 countries, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. POET’s recognition in such a crowded field punctuates the enormity of its victory in such a competitive category.

    “I congratulate POET on being our pick for the ‘AI Hardware Innovation Award.’ Teralight puts POET at the forefront of optical-engine design and breaks through the crowded transceiver space because of its size, scalability, ease of adoption, functionality, value and performance,” said Steve Johansson, managing director, AI Breakthrough.

    The AI Breakthrough Awards are conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market. The awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in, Shenzhen, China, Penang, Malaysia and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    About AI Breakthrough

    Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit AIBreakthroughAwards.com.

    Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

    Forward-Looking Statements
    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, including the Teralight product line, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful penetration of the Artificial Intelligence hardware markets.

    Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the size, future growth and needs of Artificial Intelligence network suppliers, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, including the Teralight product line, financing activities, future growth, recruitment of personnel, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to meet performance requirements for AI and datacom networks, the failure of the Teralight product line to perform as anticipated, a lack of sales in its products, lack of sales by its customers to end-users, operational risks in the completion of the Company’s projects, risks affecting the Company’s ability to complete its products, the ability of the Company to generate sales for its products, the ability of its customers to generate sales for products that incorporate the Company’s products, the ability to attract key personnel, and the ability to raise additional capital when needed. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI: POET Wins AI Hardware Innovation Award in 2025 AI Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced that it has been selected as the winner of the “AI Hardware Innovation Award” in the 8th annual AI Breakthrough Awards. The awards program recognized POET Teralight™, the Company’s ultra-high-performance line of optical engines that power AI and hyperscale data-center connectivity. It is the second consecutive year that the AI Breakthrough Awards has recognized POET for its groundbreaking, commercially available technology. This is the sixth notable award the Company has won in the past 12 months.

    POET Teralight™ features a highly integrated chip-scale design that is produced entirely at wafer level. The complete optical system-on-chip consists of a 1.6T transmit optical engine and a 1.6T receive optical engine, each approximately 12×12 mm in size. Without wire bonds, Teralight’s chip-scale architecture delivers unparalleled low signal-to-noise ratios and high energy efficiency. Unlike conventional design and development team efforts, with POET’s optical engines, a single design team can build both 1.6T DR8 and 2xFR4 pluggable modules using the identical board design and manufacturing process.

    The Teralight transmit optical engine incorporates 2x200G EML lasers from Mitsubishi Electric, enabling a 1.6T engine with only four laser chips instead of the conventional 8-laser alternative. The transmit engines also include a DC-coupled EML driver that is flip-chip attached to the POET Optical Interposer™. The integrated high-speed electrical traces and optical waveguides on the optical interposer platform enable enhanced performance by minimizing crosstalk and maximizing coupling efficiency. Those features and the overall elegance of the optical interposer-based design were key factors that convinced AI Breakthrough’s jury of industry leaders to select Teralight as this year’s top AI Hardware Innovation.

    “We introduced Teralight at the OFC Conference in April knowing it would create substantial customer interest because of the cost reduction and simplified module design. Our product demos have shown impressive results and have led to multiple new customer engagements. We are working with major companies to make Teralight an essential component in their transceiver module designs,” said Dr. Suresh Venkatesan, Chairman and CEO of POET. “This latest recognition by AI Breakthrough is an important validation of our technology and the innovations we continue to bring to the marketplace. Teralight’s elegant architecture makes it ready to accommodate future generations of compute devices, particularly those that drive AI connectivity.”

    This year’s AI Breakthrough Awards program attracted more than 5,000 nominations from over 20 countries, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. POET’s recognition in such a crowded field punctuates the enormity of its victory in such a competitive category.

    “I congratulate POET on being our pick for the ‘AI Hardware Innovation Award.’ Teralight puts POET at the forefront of optical-engine design and breaks through the crowded transceiver space because of its size, scalability, ease of adoption, functionality, value and performance,” said Steve Johansson, managing director, AI Breakthrough.

    The AI Breakthrough Awards are conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market. The awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more.

    About POET Technologies Inc.

    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in, Shenzhen, China, Penang, Malaysia and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    About AI Breakthrough

    Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit AIBreakthroughAwards.com.

    Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

    Forward-Looking Statements
    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, including the Teralight product line, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful penetration of the Artificial Intelligence hardware markets.

    Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the size, future growth and needs of Artificial Intelligence network suppliers, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, including the Teralight product line, financing activities, future growth, recruitment of personnel, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to meet performance requirements for AI and datacom networks, the failure of the Teralight product line to perform as anticipated, a lack of sales in its products, lack of sales by its customers to end-users, operational risks in the completion of the Company’s projects, risks affecting the Company’s ability to complete its products, the ability of the Company to generate sales for its products, the ability of its customers to generate sales for products that incorporate the Company’s products, the ability to attract key personnel, and the ability to raise additional capital when needed. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI: Caisse Française de Financement Local: EMTN 2025-13

    Source: GlobeNewswire (MIL-OSI)

    Paris, 25 June 2025

    Capitalised terms used herein shall have the meaning specified for such terms in the Caisse Française de Financement Local base prospectus to the €75,000,000,000 Euro Medium Term Note Programme dated 10 June 2025 (the “Base Prospectus”).

    Caisse Française de Financement Local has decided to issue on 27 June 2025 – Euro 25,000,000 Callable Fixed Rate Obligations Foncières due 27 June 2053.  

    The Base Prospectus dated 10 June 2025 approved by the Autorité des Marchés Financiers and the Final Terms relating to the issue are available on the website of the Issuer (https://sfil.fr/caffil-notre-filiale/), on the website of the AMF (www.amf-france.org) and with the Paying Agent indicated in the Base Prospectus.
    The Final Terms relating to the issue will be available on the website of the Luxembourg Stock Exchange (www.bourse.lu).

    Attachment

    The MIL Network –

  • MIL-OSI Economics: Samsung Unveils 2025 Bespoke AI Appliances in India; Debuts Innovative Bespoke AI Laundry Combo

    Source: Samsung

    From L – R: Ghufran Alam, Vice President, Digital Appliances Business, Samsung India ; John S.W. Park, Corporate Vice President, Digital Appliance Business, Samsung India; & JB Park, President & CEO, Samsung Southwest Asia.
     
    Samsung, India’s largest consumer electronics brand, today introduced its 2025 Bespoke AI appliance lineup, built on four distinct consumer benefits: Easy, Care, Save and Secure to enrich and simplify your lives with AI. These experiences are powered by Samsung’s new AI Home screen interface, Bixby voice assistant with two-way natural communication, Samsung Knox security, and seamless SmartThings connectivity, delivering hyper-personalised, energy-efficient, and secure smart home solutions for modern Indian households.
    At the heart of the new lineup is the Bespoke AI Laundry Combo, a category-defining innovation that sets a new standard for convenience and intelligent automation in home laundry care.
     
    The 2025 range expands Samsung’s AI Home ecosystem across key appliances such as refrigerators, air conditioners, and washing machines. With intuitive touchscreen displays, upgraded voice intelligence, and inclusive accessibility features, the line-up offers a truly connected, easy-to-use, and secure smart home experience for all. The AI Home screen sits at the center of this innovation – a smart display and interaction hub that transforms home management. Built into select appliances, AI Home enables real-time appliance insights, control over connected appliances, entertainment, and even family communication – all from a single interface. With its user-friendly design, AI Home makes it easier than ever to unlock the full potential of Samsung’s Bespoke AI appliances.
     
    The upgraded Bixby voice assistant enhances control through voice commands and introduces new capabilities like Voice ID[1], which recognizes individual users and switches to their Samsung accounts for a personalized experience. Additionally, new SmartThings services like Family Care enhance home safety by sending alerts to family members in unusual situations such as when no activity has been detected at a scheduled time, offering peace of mind and proactive care.
     
    To bring its AI Home vision for 2025 to life, Samsung is focused on delivering a trusted, intelligent, and future-ready experience for users. A key part of this commitment is the integration of enhanced Samsung Knox security across a wide line-up, giving users the confidence to enjoy their AI-powered connected homes with complete peace of mind.
     
    Another major priority is future-proofing appliances. With Smart Forward, Samsung’s software update service via SmartThings, users can continue to receive the latest features and performance upgrades on their existing devices without needing to buy new ones.
     
    The Bespoke AI line-up is driven by four key values that directly benefit consumers: Easy, Save, Care, and Secure.
     

    Easy: Bespoke AI appliances now simplify your tasks by using AI and seamless connectivity to automate daily chores via AI Home, Bixby, and SmartThings. For example, AI Home enables automated routines, remote control, and real-time monitoring. Bixby allows users to ask detailed questions about appliances and control them using natural, two-way voice commands, without the need for a nearby phone or speaker.
    Save: Bespoke AI appliances are engineered to help consumers save energy and time. AI Energy Mode helps manage power consumption. AI Vision Inside in refrigerators tracks food items and expiry dates, suggesting recipes to avoid waste. AI Wash features on the Bespoke AI Laundry Combo and Top Load washers optimize cycles based on soil levels and load types, saving valuable time and water.
    Care: Bixby assists with appliance care and maintenance alerts, while SmartThings notifies users of any motion, smoke, or leaks detected through its’ connected 3rd party devices. Bespoke AI ensures peace of mind with features such as inactivity alerts at a loved one’s home, helping families feel reassured from afar.
    Secure: Samsung Knox ensures multi-layered protection with a visualized dashboard across appliances and smartphones. Five Samsung products including the Bespoke AI Family Hub and Bespoke AI Laundry Combo have been verified to level ‘Diamond’ from UL Solutions’ IoT Security Ratings.

     
    “We are proud to bring the 2025 Bespoke AI digital appliances line-up to India, where innovation meets intention. These are not just smart appliances; they are intuitive companions built for Indian homes. Whether it is a child exploring the refrigerator via AI Vision Inside, a working couple managing laundry remotely, or an elderly user interacting with the appliance, we have designed every touchpoint to be personal, seamless and secure. With a strong focus on the four core values: Easy, Save, Care, and Secure, our vision is to deliver interconnected AI appliances that seamlessly integrate into the household reflecting a forward-thinking approach to innovation that is quickly becoming a reality,” said JB Park, President & CEO, Samsung Southwest Asia
     
    “With the 2025 range, we are offering appliances that understand lifestyles, protect personal data, and deliver real-world convenience with AI Home. Whether it’s through AI Vision Inside, Knox-powered security, or inclusive design, our new line-up is a powerful step towards homes that are truly smart, safe, and human-centric. We are confident our Bespoke AI appliances will revolutionize modern Indian households so that consumers ca experience the comfort of seamless smart home living,” said Ghufran Alam, Vice President, Digital Appliances Business, Samsung India.

    The 2025 Bespoke AI Home Appliance Line up

    Bespoke AI Laundry Combo All-in-One: The Bespoke AI Laundry Combo is a space-saving, ultra-capacity all-in-one appliance that seamlessly combines washing and drying in a single unit. It eliminates the hassle of transferring clothes between machines, allowing users to save time and prevent odours from lingering after wash cycles. Powered by AI Wash & Dry[2], the Bespoke AI Laundry Combo senses laundry weight, fabric type, and soil levels[3], automatically adjusting water, detergent, wash time, and drying conditions for each load. This ensures optimal cleaning performance and personalized laundry experience without the guesswork.

     
    The Bespoke AI Laundry Combo features advanced heat pump drying technology that gently and efficiently dries clothes at lower temperatures by recycling warm air. The heat pump system optimizes heat transfer and reduces drying time by up to 60%[4] and energy consumption by up to 75%[5], while reducing shrinkage and fabric damage. With the Super Speed cycle, users can wash and dry a load in just 98 minutes.
     
    Its 7-inch AI Home LCD display provides an intuitive interface for cycle selection, monitoring, and control, delivering personalized suggestions based on usage patterns and seasonal habits. The display also shows energy and water consumption reports and offers a full view of connected appliances at home via Map View. The Bespoke AI Laundry Combo is also verified to level ‘Diamond’ from UL Solutions, highlighting Samsung’s industry-leading device security.
     
    The Bespoke AI Laundry Combo comes with upgraded Bixby, which understands complex, conversational voice commands. Additionally, the Flex Auto Dispense System is able to store detergent for up to 32 loads[6], while the Auto Open Door automatically releases humid air after a cycle ends to prevent damp smells and enhance freshness.
     

    Bespoke AI Refrigerator with AI Home: The new Bespoke AI Refrigerator is equipped with AI Vision Inside, which can recognize up to 37 fresh food items, allowing users to remotely view the interior, track expiry dates, and receive smart recipe suggestions. It can also recognize up to 50 pre-saved processed food items, largely expanding the variety of items it can manage. The new refrigerator comes with a 9-inch AI Home Display, which serves as a personalized dashboard for notes, schedules, entertainment, and full appliance control, transforming the refrigerator into the central hub of the smart kitchen. Featuring an Auto Open Door for effortless access, it is designed for convenience and better organisation. It also provides easy hands-free control by just using your voice to control settings, select functions or ask questions through Bixby. The refrigerator also includes access to SmartThings Energy which can help monitor your energy consumption in real-time

     

    The Bespoke AI Double Door Refrigerator line-up features improved smart capabilities with AI Energy Mode, SmartThings Home Care and Wi-Fi connectivity, designed to offer remote access, intelligent energy savings and real-time maintenance updates via the SmartThings app. This range delivers comprehensive cooling tailored to meet consumer needs, such as longer freshness with Twin Cooling Plus technology, everyday flexibility with Convertible 5-in-1 Modes, and enhanced hygiene with Active Fresh Filter+ eliminating up to 99.99% of harmful bacteria.

     

    Bespoke AI WindFree Air Conditioner: The Bespoke AI WindFree Air Conditioner offers Customized Cooling, AI Fast & Comfort Cooling, and Quick Remote, making temperature control effortless and intuitive. With AI Energy Mode, the system intelligently adjusts compressor speed based on room temperature and consumers’ usage patterns, helping reduce energy consumption by up to 30%[7]. The WindFree technology delivers comfortable cooling through 23,000 micro-holes without cold drafts, ensuring consistent, gentle airflow without direct blasts of air, while the AI engine learns usage behavior to continuously enhance efficiency and comfort.

     

    Bespoke AI Top Load Washer: Equipped with AI Wash[8], these machines intelligently detect the fabric type and weight to automatically recommend the optimal settings for each load. Leveraging an advanced AI algorithm, the cycle adjusts key parameters—such as water level, agitation intensity, and wash and rinse duration—delivering up to 25% more fabric care[9]. Building on this technology, features like Ecobubble, Hygiene Steam & Stain Wash (with inbuilt heater), Super Speed, AI Energy Mode, and SmartThings integration, AI VRT+ further enhance the laundry experience.

     
    Smarter, Safer, More Inclusive Living
    The 2025 Bespoke AI digital appliances range is a testament to inclusive, human-centric design. With universal design at its core, the line-up ensures technology adapts to users—not the other way around. Features like the expanded Auto Open Door function across key appliances, accessible control panels, screen readers, enlarged fonts, and Bixby’s Voice ID support make operation easier for users with limited mobility or visual impairments. Built-in microphones and voice-based alerts further enable a seamless, easy to use experience.
     
    Price & Availability
    Samsung’s 2025 Bespoke AI appliance range is now available across leading online and offline retail channels, including Samsung Exclusive Stores, Samsung.com as well as major e-commerce platforms.
     
    The Bespoke AI Laundry Combo is priced at INR 319000, offering all-in-one washing and drying convenience with smart automation. The Bespoke AI WindFree Air Conditioner starts at INR 36000, while the Bespoke AI Double Door Refrigerator is available from INR 44000 onwards. For those seeking smart laundry solutions, the Bespoke AI Top Load Washer starts at INR 24500 for the 8kg model. The Bespoke AI French Door Refrigerator with integrated AI Home display will be available from July onwards.
     
     
    [1] Each user must register for a Samsung Account on screen appliances in advance. Voice ID should be registered either on the refrigerator, or Galaxy mobile devices and then transferred to the refrigerator. (Limited to Galaxy S24 and subsequent models where Voice ID can be registered.)
    [2] AI Wash & Dry’s detection and sensing capabilities are based on our deep learning models trained using predefined set of data and may yield inaccurate or incorrect results. New datasets may be introduced to our learning models from time to time to enhance its accuracy
    [3] A turbidity sensor operates for all weights, while fabric sensing operates for 8lbs and under. Actual results may vary depending on individual use. To prevent wear, wash like fabrics together.
    [4] Based on internal testing of the cycle time when drying an IEC 3kg load with Cotton cycle. Results: BESPOKE AI Laundry Combo model with a heat pump (WD21B6400KV) = 78 minutes vs. WD21B6400KV/** combo model with a condenser  = 202 minutes, which is a reduction of 60%. Individual results may vary based on actual load contents.
    [5] Based on internal testing and verified by KATRI (Korea Apparel Testing Research Institute) of the cycle energy consumption when drying an IEC 3kg load with Cotton cycle.
    Results: BESPOKE AI Laundry Combo model with a heat pump (WD21B6400KV) = 0.8kWh vs.  WD21B6400KV/** combo model with a condenser = 3.6kWh, which is a reduction of 75%. Individual results may vary based on actual load contents.
    [6] Expected number of loads: Detergent compartment can hold general detergent for up to 17 loads. Flex compartment can hold one of the following: softener for up to 19 loads, general detergent for up to 15 loads or specialty detergent for up to 36 loads.
    [7] The testing was conducted in Samsung’s 132m² residential environment laboratory at a temperature of 35°C/24°C (dry bulb/wet bulb, KS C 9306: air conditioner). Results provided to and interpreted by Intertek, comparing the power consumption between AI Energy mode on and off in AI Comfort mode on the AR07D9181HZN model. Actual savings may vary by usage patterns and environment and the set temperature may increase by up to 2 degrees. Requires the use of the SmartThings App and a Samsung account.
    [8] Fabric sensing uses an AI algorithm to sense 3 fabric types (Normal, Delicates, Towels) for loads up to 3kg. Mixed fabrics may reduce detection accuracy. Actual results may vary depending on individual use. To prevent wear, wash like fabrics together.
    [9] Based on internal testing with WA80F/24, using IEC 3kg load, comparing a normal cycle. Results may vary depending on the actual usage conditions.

    MIL OSI Economics –

  • MIL-OSI Global: Why queer-themed shows evoke a bittersweet nostalgia for missed childhood moments

    Source: The Conversation – Canada – By Rena Bivens, Associate Professor of Communication and Media Studies, Carleton University

    A scene from Heartstopper — Charlie (played by Joe Locke), left, is a gay teen boy who falls in love with classmate Nick (played by Kit Connor), right.

    Imagine suddenly longing for a past you’ve only seen in a show filmed before you were born. Or, reverse that: Imagine wishing you could re-do your childhood while watching a brand new show like Heartstopper, set in the present day.

    Heartstopper is a Netflix hit series, jam-packed with queer and trans teens finding love, accented by cute cartoon leaves fluttering across the screen.

    Sounds adorable? Yes, but if you came out later in life, grew up in an unsupportive environment or never had a teen romance, the anemoia you feel may be intense.

    If you’ve yet to hear the word anemoia, forgive yourself. Anemoia was only recently defined by The Dictionary of Obscure Sorrows as “nostalgia for a time you never experienced.” The growing obsession with what’s known as Y2K core — fashion, music and culture inspired by the 90s and early 2000s — by Gen Z is an example of this kind of intergenerational envy.

    Unlike other forms of nostalgia, neuroscientist Felipe De Brigard tells us that anemoia “doesn’t need real memories.” De Brigard explores the darker side of these complex feelings. He says propaganda can misinform people about the past to elicit a longing for a time that may never have existed.

    According to De Brigard, given the right material, we can create simulations of possible scenarios in our minds. We might imagine a different present or an alternative past.

    Imagining what could have been

    While watching Heartstopper’s love story unfold in our living rooms, we feel happy for the fictional characters, but anger, grief and a dash of betrayal can creep in as well.

    For many Heartstopper viewers, the series blends into memories from our real life. Watching queer and trans teens portrayed as ordinary people can feel like a breath of fresh air, especially if these scenes are inconsistent with our own adolescence. According to media studies professor Frederik Dhaenens, Heartstopper also uses cute esthetics that amplify these positive depictions while “soften[ing] the blow of negative experiences” faced by the characters.

    The season 3 cast of Heartstopper.
    (Netflix)

    Memories from our past start to flood through our minds as we watch. We may find ourselves wishing for the queer childhood we never had. If only I was born later, we might think. Viewers may imagine how their lives could have unfolded differently, if only they had better media representation or were surrounded by more liberal perspectives.

    Enter queer anemoia: nostalgia for a do-over of an earlier stage of your life in a different time or place. While commonly expressed by queer and trans folks over 40, anyone who harbours some grief over their coming-out process or the lack of acceptance they had growing up may find themselves riding this emotional rollercoaster.

    A moment of recognition

    Queer anemoia is a moment of recognition. It is the contrast between our imagined teen love and — for many, but of course not all — the real past — lonely and isolated.

    The sight of a thriving trans teen like Heartstopper’s Elle could elicit strong feelings for a viewer who transitioned later in life and missed their own girlhood.

    Maybe the word trans wasn’t even accessible to help them make sense of their identity.

    Thinking about the past is not unusual for queer and trans folks. With some sarcasm, you could call it a hobby. Hey, want to hang out tonight and subject our adolescence and coming-out stories “to the judgment of hindsight?” Media push this exercise further by helping us visualize what could have been.

    ‘I Kissed a Girl’

    Another show described similarly to Heartstopper is the reality TV show I Kissed A Girl. The Guardian described it as “a celebratory, joyful love letter to queerness” and “the sweetest, most touching” show.

    A scene from ‘I Kissed A Girl’ reunion show.
    I Kissed A Girl

    Among a surplus of straight couples in reality TV, I Kissed A Girl is one of only a handful of shows with queer cast members. But perhaps this is shifting. Sociologist Róisín Ryan-Flood and queer historian Amy Tooth Murphy argue that we are undergoing “one of the most dramatic transformations of gender and sexuality in social life in recent decades.”

    By portraying lesbians as ordinary people with ordinary desires, I Kissed A Girl contributes to this transformation. Some viewers’ might find their own ideas about what is possible, desirable and even aspirational beginning to change.

    Media can model these possibilities for us, which contributes to our identity formation. Feminist and queer theorists agree, arguing that our gender and sexual identities are collectively created, not self-made.

    For example, gender studies professor Amira Lundy-Harris explains how when we encounter others in media — novels, film, television — they can help us recognize something about ourselves.

    Therefore these mediated identities — these characters on TV — are not just ours. We co-create our identities with a variety of different forms of media, including social media and memoirs. We also do this with other people, including our families and friends. The cultural and political moment we are living in is also part of this collaborative identity-making process.

    Late bloomers may feel more anemoia

    Queer anemoia is a politically useful feeling. When we compare different cultural moments we may also recognize that we did not learn about our identity in isolation from the rest of the world. Feminist philosopher Sue Campbell has said our feelings require others to help us interpret and make sense of them. Through their characters and stories, media offer us an interpretive context for our feelings to emerge.

    Some late bloomers — especially those left feeling confused or surprised by their sexual or gender identities — may blame themselves for going along with a mainstream, heteronormative or cisnormative cultural script without stopping to ask themselves who they really are. It may be hard, at first, to see that our identities are co-created.

    A recently released film, Am I Ok? portrays a late bloomer, Lucy, who is 32 when she finally realizes she’s a lesbian. She’s frustrated and disappointed in herself as she tells her best friend, “I should have figured this out by now.”

    Unfortunately, the film does not explore other reasons for her predicament — like compulsory heterosexuality — that are no fault of her own.

    Dakota Johnson stars in a film about discovering your sexuality later in life.
    (Rotten Tomatoes)

    Naming the ‘nostalgia’

    British education professor Catherine Lee, who previously taught secondary school under the homophobic Section 28, wrote in The Conversation about how she was filled with regret as she watched the queer teachers in Heartstopper give their students the supportive environment she never could.

    Even Heartstopper director Andy Newbery felt queer anemoia before working on the third season. He said:

    “I’ve heard it many, many times since, especially from people sort of my age really, about how they wish they’d had a show like this when they were growing up.”

    Naming queer anemoia gives us language for these complex, bittersweet feelings. In today’s political climate, cute portrayals of queer and trans love may not continue to grace our screens, but taking our feelings seriously and asking what they tell us about the role of media in our lives must never stop.

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

    – ref. Why queer-themed shows evoke a bittersweet nostalgia for missed childhood moments – https://theconversation.com/why-queer-themed-shows-evoke-a-bittersweet-nostalgia-for-missed-childhood-moments-259341

    MIL OSI – Global Reports –

  • MIL-OSI China: Chinese premier exchanges ideas with entrepreneurs at Summer Davos

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

    TIANJIN, June 25 — Chinese Premier Li Qiang attended a symposium at the 16th Annual Meeting of the New Champions, also known as Summer Davos, in north China’s Tianjin Municipality, exchanging ideas with business entrepreneurs.

    After hearing the remarks from representatives, Li noted that the current international landscape is in the midst of profound and complex changes, posing significant challenges to global economic development.

    Some 160 business representatives from more than 30 countries and regions attended the symposium.

    The Chinese economy maintained stable growth, relying not only on a solid foundation of stability and improvement, and proactive and effective macro policies, but also on the effective utilization of market forces and the resources of enterprises, including substantial contributions from foreign-funded enterprises, the premier said.

    At the same time, China offers a vast stage for the development of foreign-funded enterprises, Li noted.

    Li said that in the face of a world of change and disorder, it is essential to adapt to the changing times and to respond proactively and effectively to various challenges and risks, creating a conducive environment for business development.

    In the context of in-depth restructuring in the global industrial chain, the quality and efficiency of industrial supply structure are particularly important, Li noted, adding that China has strong industrial support capabilities, with its industrial and supply chains optimizing continuously.

    While highlighting the importance of the speed of application of new technologies and the capability for technological upgrades, Li noted that China has a vast user base for various products and services, facilitating efficient interaction between technological innovation and industrial innovation.

    There is substantial space and significant opportunities for companies from around the world to engage in scientific and technological cooperation and collaborative innovation in China, Li added.

    Noting that the stability of the business development environment is vital, Li said that Chinese economy demonstrates a stability that can withstand external shocks and maintain its own pace, and the stability is further reflected in China’s unwavering commitment to opening up to the outside world, enabling multinational enterprises to achieve greater success and better development in China.

    Li expressed his expectation that enterprises from various countries will provide more quality products and services to the Chinese market, and strengthen technological and industrial cooperation with Chinese companies, better aligning supply and demand for mutual benefits and shared progress in technological advancement and industrial competitiveness.

    China will continue to welcome foreign enterprises to invest in the country, the premier said.

    Representatives at the symposium said that they remained confident in China’s economic prospects, opening up and cooperation, and they would increase investment in technological innovation, and ensure smooth running of industrial and supply chains, thereby achieving greater development while integrating into China’s high-quality development process.

    MIL OSI China News –

  • MIL-OSI: Nasdaq Copenhagen A/S has accepted the request for delisting of Spar Nord Bank A/S’ shares

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 24

            

    Nasdaq Copenhagen A/S has accepted the request for delisting of Spar Nord Bank A/S’ shares

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

    With reference to Spar Nord Bank A/S’ (“Spar Nord Bank”) company announcement no. 23 dated 25 June 2025, regarding Spar Nord Bank’s request to Nasdaq Copenhagen A/S to remove the Spar Nord Bank shares (ISIN DK0060036564) from trading and official listing on Nasdaq Copenhagen A/S, Nasdaq Copenhagen A/S has today accepted to remove the shares from trading and official listing.

    The last day of trading will be 23 July 2025, which is the same day as the last business day of the four-week compulsory acquisition period.

    Any questions may be addressed to CFO Rune Brandt Børglum on telephone: +45 96 34 42 36.

    Attachment

    The MIL Network –

  • MIL-OSI: Nasdaq Copenhagen A/S has accepted the request for delisting of Spar Nord Bank A/S’ shares

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 24

            

    Nasdaq Copenhagen A/S has accepted the request for delisting of Spar Nord Bank A/S’ shares

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

    With reference to Spar Nord Bank A/S’ (“Spar Nord Bank”) company announcement no. 23 dated 25 June 2025, regarding Spar Nord Bank’s request to Nasdaq Copenhagen A/S to remove the Spar Nord Bank shares (ISIN DK0060036564) from trading and official listing on Nasdaq Copenhagen A/S, Nasdaq Copenhagen A/S has today accepted to remove the shares from trading and official listing.

    The last day of trading will be 23 July 2025, which is the same day as the last business day of the four-week compulsory acquisition period.

    Any questions may be addressed to CFO Rune Brandt Børglum on telephone: +45 96 34 42 36.

    Attachment

    The MIL Network –

  • MIL-OSI Economics: Surface Copilot+ PCs: Built for teaching, learning and security

    Source: Microsoft

    Headline: Surface Copilot+ PCs: Built for teaching, learning and security

    Educators today are navigating more than ever. They are supporting diverse student needs, integrating new technologies and managing complex IT and security demands, all while keeping students engaged and prepared for a rapidly changing world.

    Now with the rise of AI, the expectations are even higher. School leaders and educators are being asked to define how AI will be used in classrooms to support learning, improve operations and promote equity. That journey starts with the right devices.

    Microsoft Surface Copilot+ PCs bring together the best of Microsoft—hardware, software and AI—to help schools rise to this challenge. Informed by educator feedback and powered by Microsoft Copilot and a built-in Neural Processing Unit (NPU), Surface enables intelligent experiences that run securely on the device or in the cloud, all managed seamlessly by IT.

    What we heard from the classroom, reflected in the devices

    Educators told us they need tools that feel natural to use while offering the latest capabilities. They need devices that are trusted, reliable and easy-to-manage, with experiences that support every student. That input shaped the design of Surface Copilot+ PCs, including the new Surface Pro 12-inch and Surface Laptop 13-inch.

    • Security and trust, built into every Surface device
      We are making security our top priority at Microsoft, above all else—over all other features. Students, families, educators and institutions trust Microsoft to power learning and protect data. Surface devices build on that trust with enterprise-grade security, simplified management through Microsoft Intune, and deep integration with Microsoft Entra and Purview to help schools control access, safeguard sensitive information and govern AI responsibly as classroom needs evolve. Together, these tools help defend your school’s devices and data while putting the security, privacy and compliance needs of students, educators and school districts at the center.
    • Device experiences that support natural learning
      Students learn best when they can interact with content in ways that feel intuitive. Surface Pro supports digital inking with Slim Pen,i voice input with Studio Mics and natural language interaction with Copilotii. These features help students express themselves and stay engaged in their own way.
    • Reliable and adaptable for the school day
      Educators need devices that are fast, durable and ready for a full day of learning. Surface Copilot+ PCs are built to last and easy to repairiii. Their lightweight designs and all-day battery life make them easy to carry and use across classrooms, libraries, labs and home.
    • Inclusive and collaborative by design
      Learning is both personal and social. Surface Copilot+ PCs work seamlessly with Microsoft 365 to support collaboration through Microsoft Teams, OneNote and other familiar tools. Built-in accessibility features, along with the Surface Adaptive Kit and Microsoft Adaptive Accessories, help students personalize their experience and stay connected in any learning environment.
    • Ready for the tools schools already use
      Surface Copilot+ PCs are built to support the full range of learning needs by delivering the performance and experience required for the education tools students and educators depend on every day. Common apps like TestNav for assessments, Google Classroom for assignments, Minecraft Education for STEM, Adobe Express for creativity, and assistive technologies like JAWS are ready to use on Surface devices powered by Snapdragon X Series and Intel Core Ultra (Series 2) processors.

    Trusted by educators, evolving with their needs

    Around the world, schools that have long relied on Surface are continuing to invest in new devices that support the future of learning. Their experiences reflect many of the same priorities we heard during the development of Surface Copilot+ PCs: performance, reliability, flexibility and the ability to unlock the potential of AI in the classroom. These schools continue to choose Surface devices not just because of the technology itself, but because they trust them to evolve alongside their needs.

    At Royal Grammar School Newcastle in the United Kingdom, Surface is already deeply embedded in teaching and learning. Now the school is exploring how Copilot+ PCs can further enhance collaboration and student engagement through on-device AI.

    “We wouldn’t be doing our duty if we weren’t incorporating 21st century technology into our curriculum. Educators are going to have to spend a time considering the choice of device and the applications used to harness the power of AI and the possibilities to support our student’s learning. The use of the Surface device in the classroom has totally changed the dynamics.”

    — Sarah Buist, Head of Digital Strategy, Royal Grammar School Newcastle

    In Japan, the Aichi Prefectural Board of Education has deployed Surface Pro devices across more than 200 high schools. Teachers have praised the fast-processing speed and large touchscreens, which make daily tasks like digital grading more intuitive and efficient. Combined with Microsoft 365 Copilot, they are also seeing meaningful time savings in their everyday work.

    “The new Surface is easy to use with its fast-processing speed. The large screen allows simple operation by touch, making it straight-forward for digital grading. Grading previously took an hour by hand, but now it only takes about 40 minutes.”
    — Haruhiko Goto, Chief Coordinator of Super Science High School, Aichi Prefecture Ichinomiya High School

    Security and management that’s built for education IT

    Surface leads the Windows ecosystem in security innovation. Designed and built by Microsoft, Surface helps schools protect student data, simplify IT management and reduce risk at every layer of the device—from silicon to cloud.

    • Security that starts at the core
      Surface Copilot+ PCs are Secured-core PCs with Microsoft Pluton built in. Pluton is a Microsoft-designed security chip integrated directly into the processor. It protects sensitive data like passwords and sign-ins, even if a device is lost or stolen. Updates are delivered automatically through Windows Update, so schools always have the latest protections without extra tools or effort.
    • Management designed for education
      With tools like Device Firmware Configuration Interface (DFCI) and Surface Enterprise Management Mode (SEMM), IT administrators can remotely control settings such as disabling cameras, USB ports and Bluetooth—even before the operating system loads. QR codes etched directly onto Surface Laptop and Surface Pro devices provide instant access to serial numbers, making asset tracking, deployment and servicing faster and more accurate without manual entry.
    • Surface is secure by design and secure by default
      Every Surface device comes with Windows 11 Pro security features enabled right out of the box, which minimizes setup time and reduces risk. Firmware, drivers and OS updates are delivered through a single trusted channel, Windows Update. This unified approach simplifies management, reduces the number of tools IT teams need to support and helps schools respond to threats more quickly while staying focused on teaching and learning.

    AI that works for the classroom

    Transforming the classroom with on-device AI, powered by the NPU

    Surface Copilot+ PCs are built to meet the needs of today’s classrooms and support future AI innovations that will continue to shape teaching and learning. These experiences run locally on the device using a dedicated Neural Processing Unit (NPU), which allows them to operate quickly, securely and without relying on the internet. This unlocks new ways for students and educators to enhance instruction, simplify daily tasks and create more inclusive classroom experiences.

    These are just a few ways Surface Copilot+ PCs bring AI to life in the classroom, with each experience powered by the NPU and with more innovations to come.

    • Microsoft Learning Zone: AI that empowers every educator
      Designed for education, Microsoft Learning Zoneiv is a free, AI-powered app coming to Copilot+ PCs, available in public preview later this year. It uses local AI processing to create personalized lessons, adapt content from trusted sources like OpenStax, generate interactive games with Kahoot and track student progress—saving time and making the classroom experience more flexible and engaging.
    • Click to Do (preview): Personalized support at your fingertips
      Click to Dov enables students to highlight text or images and instantly receive contextual help—such as summarizing a paragraph or explaining a graph. Activated with the Windows key and a click, this AI-powered feature runs entirely on-device, using the NPU to deliver support that is fast, secure and always available when they need it.
    • Accessibility features: Inclusive by design and powered by AI
      Surface Copilot+ PCs include built-in tools that help more students participate fully in learning. Voice Accessvi now offers greater flexibility and a more natural way to navigate using speech, improving on earlier voice interaction tools with faster response times and support for conversational commands. Live Captionsvii provide real-time subtitles and translations for spoken content. Both are powered by the NPU to deliver instant performance across multiple languages, supporting more inclusive and accessible classrooms.

    Read the blog to see how Microsoft Learning Zone and other AI features from Microsoft are transforming the classroom experience.

    Ready for what’s next

    With Windows 10 support ending on Oct. 14, 2025, now is the time to modernize your school’s device fleet with Windows 11. The new 13-inch Surface Laptop and 12-inch Surface Pro for Business, part of the Surface Copilot+ PC portfolio, will be available to education institutions starting July 22. These devices are secure by design and default with built-in security to help protect against evolving cyberthreats and include new silicon capable of 40+ TOPS (trillions of operations per second). Copilot+ PCs offer all-day battery life to support learning anywhere, powerful performance for multitasking and content creation, and AI experiences tailored specifically for education.viii

    Learn more about how to get ahead of Windows 10 end of support and take the next steps.

    These new devices expand the Surface Copilot+ PC portfolio and give schools flexible options to match the right device to every role. Whether you are empowering IT teams, supporting educators or enabling students to learn in more personalized and accessible ways, there is a Surface Copilot+ PC to fit your needs.

    If you are attending ISTELive 25 in San Antonio, be sure to visit the Microsoft booth starting June 29 to experience Surface Copilot+ PCs in action, connect with education experts and explore how Microsoft is helping shape the future of learning.

    Visit Surface.com/Business to learn more and request a quote for your school or district through an authorized reseller.

    Students, parents and educators can explore the new Surface Pro 12-inch and Surface Laptop 13-inch at the Microsoft Store, where they can also save up to 10% on select Surface devices and moreix.

    End Notes

    i Sold separately

    ii Minimum age limits may apply to use of Copilot and certain AI features. Details

    iii Replacement components available through online Microsoft Store and iFixIt for out-of-warranty repair. Components can be replaced by individuals with the knowledge and experience to repair electronic devices following Microsoft’s Service Guide. Microsoft tools (sold separately) may also be required. Availability of replacement components and service options may vary by product, market and over time. See Self-repair information for your Surface device – Microsoft Support. Opening and/or repairing a device can present electric shock, device damage, fire and personal injury risk, and other hazards. Use caution if undertaking self-service repairs. Unless required by law, damage caused during repair is not covered under Microsoft’s Limited Hardware Warranty or protection plans.

    iv Microsoft Learning Zone is available with a Copilot+ PC and Microsoft Education license (A1, A3, A5). Initial availability will be English only.

    v Click to Do (preview) available image and text actions may vary by device, region, language and character set. Subscription required for some actions. Click to Do coming to the European Economic Area later in 2025. See aka.ms/copilotpluspcs

    vi Voice Access with flexible commands available now on Copilot+ PCs with Snapdragon X Series processor. Supports multiple languages, some features only available in English. See what’s new in Voice Access.

    vii Translation for video and audio subtitles into English from 40+ languages and from 27 languages into Chinese (Simplified). See aka.ms/copilotpluspcs

    viii Battery life varies significantly based on usage, network and feature configuration, signal strength, settings and other factors. See aka.ms/SurfaceBatteryPerformance for details.

    ix Microsoft Store Education discount is available to K-12 and higher education students, faculty and parents. Education discount only valid on select products, and may not be combinable with other offers. See terms and conditions at Education & Student Discounts on Laptops, Microsoft 365, Windows, Surface | Microsoft Store

    MIL OSI Economics –

  • MIL-Evening Report: Philly psychology students map out local landmarks and hidden destinations where they feel happiest

    Source: The Conversation (Au and NZ) – By Eric Zillmer, Professor of Neuropsychology, Drexel University

    Rittenhouse Square Park in Center City made it onto the Philly Happiness Map. Matthew Lovette/Jumping Rocks/Universal Images Group via Getty Images

    What makes you happy? Perhaps a good night’s sleep, or a wonderful meal with friends?

    I am the director of the Happiness Lab at Drexel University, where I also teach a course on happiness. The Happiness Lab is a think tank that investigates the ingredients that contribute to people’s happiness.

    Often, my students ask me something along the lines of, “Dr. Z, tell us one thing that will make us happier.”

    As a first step, I advise them to spend more time outside.

    Achieving lasting and sustainable happiness is more complicated. Research on the happiest countries in the world and the places where people live the longest, known as Blue Zones, shows a common thread: Residents feel they are part of something larger than themselves, such as a community or a city.

    So if you’re living in a metropolis like Philadelphia, where, incidentally, the iconic pursuit of happiness charge was ratified in the Declaration of Independence, I believe urban citizenship – that is, forming an identity with your urban surroundings – should also be on your list.

    The Greek island of Ikaria in the Aegean Sea is a Blue Zone famous for its residents’ longevity.
    Nicolas Economou/NurPhoto via Getty Images

    Safety, social connection, beauty

    Carl Jung, the renowned Swiss psychoanalyst, wrote extensively about the relationship between our internal world and our external environment.

    He believed that this relationship was crucial to our psychological well-being.

    More recent research in neuroscience and functional imaging has revealed a vast, intricate and complex neurological architecture underlying our psychological perception of a place. Numerous neurological pathways and functional loops transform a complex neuropsychological process into a simple realization: I am happy here!

    For example, a happy place should feel safe.

    The country of Croatia, a tourist haven for its beauty and culinary delights, is also one of the top 20 safest countries globally, according to the 2025 Global Peace Index.

    The U.S. ranks 128th.

    The availability of good food and drink can also be a significant factor in creating a happy place.

    However, according to American psychologist Abraham Maslow, a pioneer in the field of positive psychology, the opportunity for social connectivity, experiencing something meaningful and having a sense of belonging is more crucial.

    Furthermore, research on happy places suggests that they are beautiful. It should not come as a surprise that the happiest places in the world are also drop-dead gorgeous, such as the Indian Ocean archipelago of Mauritius, which is the happiest country in Africa, according to the 2025 World Happiness Report from the University of Oxford and others.

    Happy places often provide access to nature and promote active lifestyles, which can help relieve stress. The residents of the island of Ikaria in Greece, for example, one of the original Blue Zones, demonstrate high levels of physical activity and social interaction.

    A map of 28 happy places in Philadelphia, based on 243 survey responses from Drexel students.
    The Happiness Lab at Drexel University

    Philly Happiness Map

    I asked my undergraduate psychology students at Drexel, many of whom come from other cities, states and countries, to pick one place in Philadelphia where they feel happy.

    From the 243 student responses, the Happiness Lab curated 28 Philly happy places, based on how frequently the places were endorsed and their accessibility.

    Philadelphia’s founder, William Penn, would likely approve that Rittenhouse Square Park and three other public squares – Logan, Franklin and Washington – were included. These squares were vital to Penn’s vision of landscaped public parks to promote the health of the mind and body by providing “salubrious spaces similar to the private garden.” They are beautiful and approachable, serving as “places to rest, take a pause, work, or read a book,” one student told us.

    Places such as the Philadelphia Zoo, Penn’s Landing and the Philadelphia Museum of Art are “joyful spots that are fun to explore, and one can also take your parents along if need be,” as another student described.

    The Athenaeum of Philadelphia, a historic library with eclectic programming, feels to one student like “coming home, a perfect third place.”

    Some students mentioned happy places that are less known. These include tucked-away gardens such as the John F. Collings Park at 1707 Chestnut St., the rooftop Cira Green at 129 S. 30th St. and the James G. Kaskey Memorial Park and BioPond at 433 S. University Ave.

    The James G. Kaskey Memorial Park and BioPond in West Philadelphia is an urban oasis.
    M. Fischetti for Visit Philadelphia

    My students said these are small, unexpected spots that provide an excellent opportunity for a quiet, peaceful break, to be present, whether enjoyed alone or with a friend. I checked them out and I agree.

    The students also mentioned places I had never heard of even though I’ve lived in the city for over 30 years.

    The “cat park” at 526 N. Natrona St. in Mantua is a quiet little park with an eclectic personality and lots of friendly cats.

    Mango Mango Dessert at 1013 Cherry St. in Chinatown, which is a frequently endorsed happiness spot among the students because of its “bustling streets, lively atmosphere and delicious food,” is a perfect pit stop for mango lovers. And Maison Sweet, at 2930 Chestnut St. in University City, is a casual bakery and cafe “where you may end up staying longer than planned,” one student shared.

    I find that Philly’s happy places, as seen through the eyes of college students, tend to offer a space for residents to take time out from their day to pause, reset, relax and feel more connected and in touch with the city.

    Happiness principals are universal, yet our own journeys are very personal. Philadelphians across the city may have their own list of happy places. There are really no right or wrong answers. If you don’t have a personal happy space, just start exploring and you may be surprised what you will find, including a new sense of happiness.

    See the full Philly Happiness Map list here, and visit the exhibit at the W.W. Hagerty Library at Drexel University to learn more.

    Read more of our stories about Philadelphia.

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

    – ref. Philly psychology students map out local landmarks and hidden destinations where they feel happiest – https://theconversation.com/philly-psychology-students-map-out-local-landmarks-and-hidden-destinations-where-they-feel-happiest-258790

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Global: Migrants in South Africa’s economic powerhouse often go hungry: the drivers and what can be done about it

    Source: The Conversation – Africa – By Adrino Mazenda, Senior Researcher, Associate Professor Economic Management Sciences, University of Pretoria

    About 281 million people globally have migrated from their country of origin to another country. This movement can be temporary or permanent and can occur for various reasons, including economic opportunities, family reunification and education. Then there are also millions who are escaping conflict and seeking refuge in another country.

    Countries at different stages of development also experience large volumes of internal migration. Migration within a country can be temporary or permanent too, and reflect economic reasons or insecurity.

    Both types of migrants sometimes experience food insecurity: the physical and financial inability to access nutritious, safe and sufficient food to fulfil a person’s dietary requirements.

    There are an estimated 2.89 million documented foreign migrants in South Africa, accounting for about 5% of the country’s population. Most immigrants in South Africa come from the Southern African Development Community countries. South Africa also experiences a high annual internal migration rate. About 850,0000 people temporarily and permanently relocate from rural to urban areas.

    Gauteng, the province which contributes more than a third of South Africa’s economic output, attracts a disproportionate share of internal and international migration.

    As social scientists who have been studying migration and food security, we conducted research to explore the food security status of migrant households (international and internal) and native Gauteng households, and to understand their differences, if any.

    The study used data from the 2020/21 Quality of Life survey. This is one of the largest social surveys in South Africa, and respondents include both internal and international migrants. It is conducted every two years by the Gauteng City Region Observatory. Quantitative research methods and statistical analysis were then applied to identify patterns and relationships between food insecurity and migration variables.

    Food insecurity remains a pressing concern in South Africa’s major cities, particularly among migrant populations. Not all migrants experience food insecurity the same way, however. Internal and international migrants differ not only from native Gauteng residents but also from one another. There are different factors influencing their vulnerability.

    The differences

    One differentiating factor between the internal and foreign migrants is government social support services. They seem to play a key role in determining the well-being of internal migrants. International migrants don’t qualify for such services. But they sometimes fared better than internal migrants or natives, likely due to age, education, or resourcefulness (social support networks).

    Internal migrants experienced their own set of challenges. For example, poor health service provision and lack of medical aid were strong predictors of food insecurity. This suggests that addressing food access requires improvements in health services, insurance, and broader social infrastructure.

    Improved access to healthcare reduces the financial burden on households dealing with medical expenses, so they can spend more on food. Access to maternal and child health services enhances nutritional knowledge and practices. That in turn improves the way households use food. Health insurance and unemployment insurance protect households from income shocks that could otherwise lead to food insecurity.

    A stronger social infrastructure improves food access by enhancing education, healthcare, and social protection systems. Education boosts income and nutritional knowledge. Preventive healthcare reduces illness and medical expenses, freeing up resources for food. Social protection measures help households withstand financial shocks, ensuring consistent access to food.

    Of course all this support has a cost that needs to be funded from the public purse, but its benefits may well outweigh the cost.

    Gender disparities

    Immigrants contribute significantly to South Africa’s economy. Migration enhances labour market flexibility, promotes economic dynamism, and supports livelihoods in both urban and rural areas, making it essential for inclusive economic growth.
    Internal migrants provide labour in sectors such as mining, construction and services, while also supporting rural households through remittances. They help stimulate urban informal economies.

    International migrants bring valuable skills and resilience to various sectors, including agriculture, healthcare, manufacturing and construction. They contribute local income taxes. Some operate small and large formal businesses, which adds to job creation.

    However, employment data reveals a pronounced gender disparity among international migrants and internal migrants.

    In all population groups (native residents, internal migrants and international migrants), men are more likely to be employed than women. Among international migrants, over 1 million men were employed compared to 400,000 women. More women (281,553) than men (88,598) were classified as economically inactive – not available for work.

    The primary reason for internal migration among both men and women was the search for paid employment. For men, the second most common reason was job transfers or accepting new employment.

    In contrast, female migrants cited moving to live with or be closer to a spouse, family, or friends, often due to marriage, as their main motivation.

    Way forward

    Our study highlights the determinants of food insecurity among migrant populations. It also challenges harmful stereotypes and invites more inclusive thinking about social support and job creation.

    The study’s findings can help inform the public about who needs more support and why. It shows that food aid and government support systems aren’t working as intended.

    The main conclusions we reached from the study were that:

    • Rural health infrastructure is in dire need of public support.

    • Increased inequities in healthcare access are unjustified.

    • The medical and health bills of foreign citizens can be shared between home and host countries to reduce the strain on the host’s infrastructure through a combination of policy reforms, bilateral agreements and global cooperation mechanisms. Key to this is an inter-government billing system where host countries track migrants’ healthcare use and send bills to their home country governments or insurers.

    • It is desirable for migrants to hold valid health insurance as a condition of entry or residency.

    • Policies to promote agriculture and rural areas, particularly developing new rural housing schemes, appear to be a promising way to abate food insecurity.

    • Revitalising special economic zones, the designated areas offering incentives to attract investment, boost trade and create jobs, can help limit the concentration of migrants in Gauteng.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Migrants in South Africa’s economic powerhouse often go hungry: the drivers and what can be done about it – https://theconversation.com/migrants-in-south-africas-economic-powerhouse-often-go-hungry-the-drivers-and-what-can-be-done-about-it-256907

    MIL OSI – Global Reports –

  • MIL-OSI: Capital reduction by cancellation of treasury shares

    Source: GlobeNewswire (MIL-OSI)

    At the annual general meeting of Alm. Brand A/S held on 10 April 2025, the shareholders resolved to reduce the company’s share capital by a nominal amount of DKK 88,140,000, from DKK 1,541,140,000 nominal value to DKK 1,453,000,000 nominal value, by cancellation of a part of the company’s holdings of treasury shares, corresponding to a reduction in share capital of 5.7%.

    Alm. Brand A/S has registered the capital reduction with the Danish Business Authority, effective as of June 25 2025. The cancelled treasury shares with a nominal value of DKK 88,140,000 are expected to be removed from trading on Nasdaq Copenhagen in the coming days.

    Referring to section 32 of Danish Consolidated Act no. 198 of 26 February 2024 on capital markets, Alm. Brand A/S’s total share capital as at today’s date amounts to DKK 1,453,000,000 nominal value, equivalent to 1,453,000,000 shares with a nominal value of DKK 1 each and 1,453,000,000 voting rights.

    Referring to section 31 of Danish Consolidated Act no. 198 of 26 February 2024 on capital markets, we hereby announce that, after the cancellation of treasury shares, Alm. Brand A/S holds 21,345,696 treasury shares, equivalent to 1.5% of the company’s nominal share capital.

    Contact

    Please direct any questions regarding this announcement to:

    Head of Investor Relations & ESG
    Mads Thinggaard
    Mobile no. +45 2025 5469

    Attachment

    The MIL Network –

  • MIL-OSI Global: Trump administration aims to slash funds that preserve the nation’s rich architectural and cultural history

    Source: The Conversation – USA – By Michael R. Allen, Visiting Assistant Professor of History, West Virginia University

    The iconic ‘Walking Man’ Hawkes sign in Westbrook, Maine, was added to the National Register of Historic Places in 2019. Ben McCanna/Portland Portland Press Herald via Getty Images

    President Donald Trump’s proposed fiscal year 2026 discretionary budget is called a “skinny budget” because it’s short on line-by-line details.

    But historic preservation efforts in the U.S. did get a mention – and they might as well be skinned to the bone.

    Trump has proposed to slash funding for the federal Historic Preservation Fund to only $11 million, which is $158 million less than the fund’s previous reauthorization in 2024. The presidential discretionary budget, however, always heads to Congress for appropriation. And Congress always makes changes.

    That said, the Trump administration hasn’t even released the $188 million that Congress appropriated for the fund for the 2025 fiscal year, essentially impounding the funding stream that Congress created in 1976 for historic preservation activities across the nation.

    I’m a scholar of historic preservation who’s worked to secure historic designations for buildings and entire neighborhoods. I’ve worked on projects that range from making distressed neighborhoods in St. Louis eligible for historic tax credits to surveying Cold War-era hangars and buildings on seven U.S. Air Force bases.

    I’ve seen the ways in which the Historic Preservation Fund helps local communities maintain and rehabilitate their rich architectural history, sparing it from deterioration, the wrecking ball or the pressures of the private market.

    A rare, deficit-neutral funding model

    Most Americans probably don’t realize that the task of historic preservation largely falls to individual states and Native American tribes.

    The National Historic Preservation Act that President Lyndon B. Johnson signed into law in 1966 requires states and tribes to handle everything from identifying potential historic sites to reviewing the impact of interstate highway projects on archaeological sites and historic buildings. States and tribes are also responsible for reviewing nominations of sites in the National Register of Historic Places, the nation’s official list of properties deemed worthy of preservation.

    However, many states and tribes didn’t have the capacity to adequately tackle the mandates of the 1966 act. So the Historic Preservation Fund was formed a decade later to alleviate these costs by funneling federal resources into these efforts.

    The fund is actually the product of a conservative, limited-government approach.

    Created during Gerald Ford’s administration, it has a revenue-neutral model, meaning that no tax dollars pay for the program. Instead, it’s funded by private lease royalties from the Outer Continental Shelf oil and gas reserves.

    Most of these reserves are located in federal waters in the Gulf of Mexico and off the coast of Alaska. Private companies that receive a permit to extract from them must agree to a lease with the federal government. Royalties from their oil and gas sales accrue in federally controlled accounts under the terms of these leases. The Office of Natural Resources Revenue then directs 1.5% of the total royalties to the Historic Preservation Fund.

    Congress must continually reauthorize the amount of funding reserved for the Historic Preservation Fund, or it goes unfunded.

    Boston’s Fenway Park was added to the National Register of Historic Places in 2012, making it eligible for preservation grants and federal tax incentives.
    Winslow Townson/Getty Images

    Despite bipartisan support, the fund has been threatened in the past. President Ronald Reagan attempted to do exactly what Trump is doing now by making no request for funding at all in his 1983 budget. Yet the fund has nonetheless been reauthorized six times since its inception, with terms ranging from five to 10 years.

    The program is a crucial source of funding, particularly in small towns and rural America, where privately raised cultural heritage funds are harder to come by. It provides grants for the preservation of buildings and geographical areas that hold historical, cultural or spiritual significance in underrepresented communities. And it’s even involved in projects tied to the nation’s 250th birthday in 2026, such as the rehabilitation of the home in New Jersey where George Washington was stationed during the winter of 1778-79 and the restoration of Rhode Island’s Old State House.

    Filling financial gaps

    I’ve witnessed the fund’s impact firsthand in small communities across the nation.

    Edwardsville, Illinois, a suburb of St. Louis, is home to the Leclaire Historic District. In the 1970s, it was added to the National Register of Historic Places. The national designation recognized the historic significance of the district, protecting it against any adverse impacts from federal infrastructure funding. It also made tax credits available to the town. Edwardsville then designated LeClaire a local historic district so that it could legally protect the indelible architectural features of its homes, from original decorative details to the layouts of front porches.

    Despite the designation, however, there was no clear inventory of the hundreds of houses in the district. A few paid staffers and a volunteer citizen commission not only had to review proposed renovations and demolitions, but they also had to figure out which buildings even contributed to LeClaire’s significance and which ones did not – and thus did not need to be tied up in red tape.

    The Allen House is one of approximately 415 single-family homes in the Leclaire neighborhood in Edwardsville, Ill.
    Friends of Leclaire

    Edwardsville was able to secure a grant through the Illinois State Historic Preservation Office thanks to a funding match enabled by money disbursed to Illinois via the Historic Preservation Fund.

    In 2013, my team created an updated inventory of the historic district, making it easier for the local commission to determine which houses should be reviewed carefully and which ones don’t need to be reviewed at all.

    Oil money better than no money

    The historic preservation field, not surprisingly, has come out strongly against Trump’s proposal to defund the Historic Preservation Fund.

    Nonetheless, there have been debates within the field over the fund’s dependence on the fossil fuel industry, which was the trade-off that preservationists made decades ago when they crafted the funding model.

    In the 1970s, amid the national energy crisis, conservation of existing buildings was seen as a worthy ecological goal, since demolition and new construction required fossil fuels. To preservationists, diverting federal carbon royalties seemed like a power play.

    But with the effects of climate change becoming impossible to ignore, some preservationists are starting to more openly critique both the ethics and the wisdom of tapping into a pool of money created through the profits of the oil and gas industry. I’ve recently wondered myself if continued depletion of fossil fuels means that preservationists won’t be able to count on the Historic Preservation Fund as a long-term source of funding.

    That said, you’d be hard-pressed to find a preservationist who thinks that destroying the Historic Preservation Fund would be a good first step in shaping a more visionary policy.

    For now, Trump’s administration has only sown chaos in the field of historic preservation. Already, Ohio has laid off one-third of the staffers in its State Historic Preservation Office due to the impoundment of federal funds. More state preservation offices may follow suit. The National Council of State Historic Preservation Officers predicts that states soon could be unable to perform their federally mandated duties.

    Unfortunately, many people advocating for places important to their towns and neighborhoods may end up learning the hard way just what the Historic Preservation Fund does.

    Michael R. Allen is a member of the Advisor Leadership Team of the National Trust for Historic Preservation.

    – ref. Trump administration aims to slash funds that preserve the nation’s rich architectural and cultural history – https://theconversation.com/trump-administration-aims-to-slash-funds-that-preserve-the-nations-rich-architectural-and-cultural-history-258889

    MIL OSI – Global Reports –

  • MIL-OSI Global: Why power skills – formerly known as ‘soft skills’ – are the key to business success

    Source: The Conversation – USA – By Sandra Sjoberg, Vice President and Dean, Academic Programs, Western Governors University School of Business

    What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely.

    Today I am a business-school educator, but I began my career in the corporate world. I faced a challenge so intense that it motivated me to go back to school and earn a Ph.D. so I could help others lead with greater purpose and humanity.

    Back then, I was working for a multinational home goods company, and I was asked to play a role in closing a U.S. factory in the Midwest and moving its operations abroad. It was, by every business metric, the right economic decision. Without it, the company couldn’t stay competitive. Still, the move was fraught with emotional and ethical complexities.

    Witnessing the toll on employees who lost their jobs, and the broader effects on their community, changed how I thought about business decision-making. I saw that technical skills alone aren’t enough. Effective leadership also requires emotional intelligence, ethical reasoning and human-centered thinking.

    That experience was a turning point, leading me to higher education. I wanted to fulfill a greater purpose by equipping future business leaders with critical human-centric skills. And to do that, I needed to learn more about these skills – why they matter, how they shape outcomes, and how we can teach them more effectively.

    Often called “soft skills” or “people skills,” these are also, more appropriately, referred to as “power skills” or “durable skills.” And they aren’t just nice to have. As my own experience shows and as research confirms, they are central to success in today’s business world.

    Power skills: Underappreciated, yet in demand

    Research on power skills dates back to at least 1918, when the Carnegie Foundation published A Study of Engineering Education. That report concluded that 85% of engineering professionals’ success came from having well-developed people skills, and only 15% was attributed to “hard skills.” These early findings helped shape our understanding of the value of nontechnical skills and traits.

    Today, employers arguably value these skills more than ever. But while demand for these skills is growing across industries, there’s not enough supply. For example, nearly 7 in 10 U.S. employers plan to prioritize hiring candidates with “soft” or “power” skills, according to LinkedIn’s most recent Global Talent Trends report.

    Yet 65% of employers cite soft skills as the top gap among new graduates, according to Coursera’s 2025 Micro-Credentials Impact Report. New hires are struggling in the areas of communication, active listening, resilience and adaptability, the survey found.

    Power skills are transferable across roles, projects and industries, which makes them especially valuable to hiring managers. And research continues to show that these skills drive innovation, strengthen team dynamics and help organizations navigate uncertainty — key reasons why employers prioritize them.

    Three power skills to prioritize

    So what does it look like to lead with power skills? Here are three key areas that have shaped my own journey — and that I now help others develop:

    Adaptability: Adaptability goes beyond simply accepting change. It’s the ability to think, feel and act effectively when the situation changes – which, in today’s business environment, is all the time.

    Consider a company expanding into a new international market. To succeed, it must invest in cultural research, adapt its operations to regional norms and align with local regulations – demonstrating adaptability at both strategic and operational levels.

    That’s why adaptability is one of the most in-demand skills among employers, according to a recent LinkedIn study. Adaptable workforces are better equipped to respond to shifting demands. And with the rise of artificial intelligence and rapid tech disruption, organizations need agile, resilient employees more than ever.

    Empathy: As I learned firsthand during my time in the corporate world, empathy – or the ability to understand and respond to the feelings, perspectives and needs of others – is essential.

    Empathy not only fosters trust and respect, but it also helps leaders make decisions that balance organizational goals with human needs. More broadly, empathetic leaders create inclusive environments and build stronger relationships.

    At Western Governors University, we have an entire course titled “Empathy and Inclusive Collaboration,” which teaches skills in active listening, creating culturally safe environments and cultivating an inclusive mindset.

    Inclusivity: Effective communication and teamwork consistently rank high as essential workforce skills. This is because organizations that excel in communication and collaboration are more likely to innovate, adapt to change and make informed decisions.

    While managing a global transition, I saw how hard and necessary it was to listen across cultural lines, to foster collaboration across borders and departments. When teams collaborate well, they bring diverse perspectives that can foster creativity and efficiency. The ability to communicate openly and work together is crucial for navigating complex problems and driving organizational success.

    The business landscape is evolving rapidly, and technical expertise alone is no longer enough to drive success. Power skills like adaptability, empathy and inclusivity are crucial, as both research and my own experiences have taught me. By prioritizing power skills, educators and businesses can better prepare leaders to navigate complexity, lead with purpose and thrive in a constantly changing world.

    Sandra Sjoberg is affiliated with Western Governors University.
    Sandra Sjoberg is a member of the industry association, American Marketing Association.
    Sandra Sjoberg was a former employee at Amerock, a division of Newell Rubbermaid that, while not mentioned directly in the article, is the basis for the corporate experience shared in the article.

    – ref. Why power skills – formerly known as ‘soft skills’ – are the key to business success – https://theconversation.com/why-power-skills-formerly-known-as-soft-skills-are-the-key-to-business-success-257310

    MIL OSI – Global Reports –

  • MIL-OSI Global: Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ hit movie theaters

    Source: The Conversation – USA – By Stephanie Otts, Director of National Sea Grant Law Center, University of Mississippi

    Filming ‘The Perfect Storm’ in Gloucester Harbor, Mass.
     The Salem News Historic Photograph Collection, Salem State University Archives and Special Collections, CC BY

    Twenty-five years ago, “The Perfect Storm” roared into movie theaters. The disaster flick, starring George Clooney and Mark Wahlberg, was a riveting, fictionalized account of commercial swordfishing in New England and a crew who went down in a violent storm.

    The anniversary of the film’s release, on June 30, 2000, provides an opportunity to reflect on the real-life changes to New England’s commercial fishing industry.

    Fishing was once more open to all

    In the true story behind the movie, six men lost their lives in late October 1991 when the commercial swordfishing vessel Andrea Gail disappeared in a fierce storm in the North Atlantic as it was headed home to Gloucester, Massachusetts.

    At the time, and until very recently, almost all commercial fisheries were open access, meaning there were no restrictions on who could fish.

    There were permit requirements and regulations about where, when and how you could fish, but anyone with the means to purchase a boat and associated permits, gear, bait and fuel could enter the fishery. Eight regional councils established under a 1976 federal law to manage fisheries around the U.S. determined how many fish could be harvested prior to the start of each fishing season.

    Fishing has been an integral part of coastal New England culture since its towns were established. In this 1899 photo, a New England community weighs and packs mackerel.
    Charles Stevenson/Freshwater and Marine Image Bank

    Fishing started when the season opened and continued until the catch limit was reached. In some fisheries, this resulted in a “race to the fish” or a “derby,” where vessels competed aggressively to harvest the available catch in short amounts of time. The limit could be reached in a single day, as happened in the Pacific halibut fishery in the late 1980s.

    By the 1990s, however, open access systems were coming under increased criticism from economists as concerns about overfishing rose.

    The fish catch peaked in New England in 1987 and would remain far above what the fish population could sustain for two more decades. Years of overfishing led to the collapse of fish stocks, including North Atlantic cod in 1992 and Pacific sardine in 2015.

    As populations declined, managers responded by cutting catch limits to allow more fish to survive and reproduce. Fishing seasons were shortened, as it took less time for the fleets to harvest the allowed catch. It became increasingly hard for fishermen to catch enough fish to earn a living.

    Saving fisheries changed the industry

    In the early 2000s, as these economic and environmental challenges grew, fisheries managers started limiting access. Instead of allowing anyone to fish, only vessels or individuals meeting certain eligibility requirements would have the right to fish.

    The most common method of limiting access in the U.S. is through limited entry permits, initially awarded to individuals or vessels based on previous participation or success in the fishery. Another approach is to assign individual harvest quotas or “catch shares” to permit holders, limiting how much each boat can bring in.

    In 2007, Congress amended the 1976 Magnuson-Stevens Fishery Conservation and Management Act to promote the use of limited access programs in U.S. fisheries.

    Ships in the fleet out of New Bedford, Mass.
    Henry Zbyszynski/Flickr, CC BY

    Today, limited access is common, and there are positive signs that the management change is helping achieve the law’s environmental goal of preventing overfishing. Since 2000, the populations of 50 major fishing stocks have been rebuilt, meaning they have recovered to a level that can once again support fishing.

    I’ve been following the changes as a lawyer focused on ocean and coastal issues, and I see much work still to be done.

    Forty fish stocks are currently being managed under rebuilding plans that limit catch to allow the stock to grow, including Atlantic cod, which has struggled to recover due to a complex combination of factors, including climatic changes.

    The lingering effect on communities today

    While many fish stocks have recovered, the effort came at an economic cost to many individual fishermen. The limited-access Northeast groundfish fishery, which includes Atlantic cod, haddock and flounder, shed nearly 800 crew positions between 2007 and 2015.

    The loss of jobs and revenue from fishing impacts individual family income and relationships, strains other businesses in fishing communities, and affects those communities’ overall identity and resilience, as illustrated by a recent economic snapshot of the Alaska seafood industry.

    When original limited-access permit holders leave the business – for economic, personal or other reasons – their permits are either terminated or sold to other eligible permit holders, leading to fewer active vessels in the fleet. As a result, the number of vessels fishing for groundfish has declined from 719 in 2007 to 194 in 2023, meaning fewer jobs.

    A fisherman unloads a portion of his catch for the day of 300 pounds of groundfish, including flounder, in January 2006 in Gloucester, Mass.
    AP Photo/Lisa Poole

    Because of their scarcity, limited-access permits can cost upward of US$500,000, which is often beyond the financial means of a small businesses or a young person seeking to enter the industry. The high prices may also lead retiring fishermen to sell their permits, as opposed to passing them along with the vessels to the next generation.

    These economic forces have significantly altered the fishing industry, leading to more corporate and investor ownership, rather than the family-owned operations that were more common in the Andrea Gail’s time.

    Similar to the experience of small family farms, fishing captains and crews are being pushed into corporate arrangements that reduce their autonomy and revenues.

    Consolidation can threaten the future of entire fleets, as New Bedford, Massachusetts, saw when Blue Harvest Fisheries, backed by a private equity firm, bought up vessels and other assets and then declared bankruptcy a few years later, leaving a smaller fleet and some local business and fishermen unpaid for their work. A company with local connections bought eight vessels from Blue Harvest along with 48 state and federal permits the company held.

    New challenges and unchanging risks

    While there are signs of recovery for New England’s fisheries, challenges continue.

    Warming water temperatures have shifted the distribution of some species, affecting where and when fish are harvested. For example, lobsters have moved north toward Canada. When vessels need to travel farther to find fish, that increases fuel and supply costs and time away from home.

    Fisheries managers will need to continue to adapt to keep New England’s fisheries healthy and productive.

    One thing that, unfortunately, hasn’t changed is the dangerous nature of the occupation. Between 2000 and 2019, 414 fishermen died in 245 disasters.

    Stephanie Otts receives funding from the NOAA National Sea Grant College Program through the U.S. Department of Commerce. Previous support for fisheries management legal research provided by The Nature Conservancy.

    – ref. Checking in on New England fisheries 25 Years after ‘The Perfect Storm’ hit movie theaters – https://theconversation.com/checking-in-on-new-england-fisheries-25-years-after-the-perfect-storm-hit-movie-theaters-255076

    MIL OSI – Global Reports –

  • MIL-OSI Global: Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows

    Source: The Conversation – USA – By William Akoto, Assistant Professor of Global Security, American University

    Cutting off China’s access to advanced U.S. chips is likely to motivate Chinese cyber espionage. kritsapong jieantaratip/iStock via Getty Images

    The United States is trying to decouple its economy from rivals like China. Efforts toward this include policymakers raising tariffs on Chinese goods, blocking exports of advanced technology and offering subsidies to boost American manufacturing. The goal is to reduce reliance on China for critical products in hopes that this will also protect U.S. intellectual property from theft.

    The idea that decoupling will help stem state-sponsored cyber-economic espionage has become a key justification for these measures. For instance, then-U.S. Trade Representative Katherine Tai framed the continuation of China-specific tariffs as serving the “statutory goal to stop [China’s] harmful … cyber intrusions and cyber theft.” Early tariff rounds during the first Trump administration were likewise framed as forcing Beijing to confront “deeply entrenched” theft of U.S. intellectual property.

    This push to “onshore” key industries is driven by very real concerns. By some estimates, theft of U.S. trade secrets, often through hacking – costs the American economy hundreds of billions of dollars per year. In that light, decoupling is a defensive economic shield – a way to keep vital technology out of an adversary’s reach.

    But will decoupling and cutting trade ties truly make America’s innovations safer from prying eyes? I’m a political scientist who studies state-sponsored cyber espionage, and my research suggests that the answer is a definitive no. Indeed, it might actually have the opposite effect.

    To understand why, it helps to look at what really drives state-sponsored hacking.

    Rivalry, not reliance

    Intuitively, you might think a country is most tempted to steal secrets from a nation it depends on. For example, if Country A must import jet engines or microchips from Country B, Country A might try to hack Country B’s companies to copy that technology and become self-sufficient. This is the industrial dependence theory of cyber theft.

    There is some truth to this motive. If your economy needs what another country produces, stealing that know-how can boost your own industries and reduce reliance. However, in a recent study, I show that a more powerful predictor of cyber espionage is industrial similarity. Countries with overlapping advanced industries such as aerospace, electronics or pharmaceuticals are the ones most likely to target each other with cyberattacks.

    Why would having similar industries spur more spying? The reason is competition. If two nations both specialize in cutting-edge sectors, each has a lot to gain by stealing the other’s innovations.

    If you’re a tech powerhouse, you have valuable secrets worth stealing, and you have the capability and motivation to steal others’ secrets. In essence, simply trading with a rival isn’t the core issue. Rather, it’s the underlying technological rivalry that fuels espionage.

    For example, a cyberattack in 2012 targeted SolarWorld, a U.S. solar panel manufacturer, and the perpetrators stole the company’s trade secrets. Chinese solar companies then developed competing products based on the stolen designs, costing SolarWorld millions in lost revenue. This is a classic example of industrial similarity at work. China was building its own solar industry, so it hacked a U.S. rival to leapfrog in technology.

    China has made major investments in its cyber-espionage capabilities.

    Boosting trade barriers can fan the flames

    Crucially, cutting trade ties doesn’t remove this rivalry. If anything, decoupling might intensify it. When the U.S. and China exchange tariff blows or cut off tech transfers, it doesn’t make China give up – it likely pushes Chinese intelligence agencies to work even harder to steal what they can’t buy.

    This dynamic isn’t unique to China. Any country that suddenly loses access to an important technology may turn to espionage as Plan B.

    History provides examples. When South Africa was isolated by sanctions in the 1980s, it covertly obtained nuclear weapons technology. Similarly, when Israel faced arms embargoes in the 1960s, it engaged in clandestine efforts to get military technology. Isolation can breed desperation, and hacking is a low-cost, high-reward tool for the desperate.

    If decoupling won’t end cyber espionage, what will?

    There’s no easy fix for state-sponsored hacking as long as countries remain locked in high-tech competition. However, there are steps that can mitigate the damage and perhaps dial down the frequency of these attacks.

    One is investing in cyber defense. Just as a homeowner adds locks and alarms after a burglary, companies and governments should continually strengthen their cyber defenses. Assuming that espionage attempts are likely to happen is key. Advanced network monitoring, employee training against phishing, and robust encryption can make it much harder for hackers to succeed, even if they keep trying.

    Another is building resilience and redundancy. If you know that some secrets might get stolen, plan for it. Businesses can shorten product development cycles and innovate faster so that even if a rival copies today’s tech, you’re already moving on to the next generation. Staying ahead of thieves is a form of defense, too.

    Ultimately, rather than viewing tariffs and export bans as silver bullets against espionage, U.S. leaders and industry might be safer focusing on resilience and stress-testing cybersecurity firms. Make it harder for adversaries to steal secrets, and less rewarding even if they do.

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

    – ref. Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows – https://theconversation.com/blocking-exports-and-raising-tariffs-is-a-bad-defense-against-industrial-cyber-espionage-study-shows-258243

    MIL OSI – Global Reports –

  • MIL-OSI Global: Philly psychology students map out local landmarks and hidden destinations where they feel happiest

    Source: The Conversation – USA – By Eric Zillmer, Professor of Neuropsychology, Drexel University

    Rittenhouse Square Park in Center City made it onto the Philly Happiness Map. Matthew Lovette/Jumping Rocks/Universal Images Group via Getty Images

    What makes you happy? Perhaps a good night’s sleep, or a wonderful meal with friends?

    I am the director of the Happiness Lab at Drexel University, where I also teach a course on happiness. The Happiness Lab is a think tank that investigates the ingredients that contribute to people’s happiness.

    Often, my students ask me something along the lines of, “Dr. Z, tell us one thing that will make us happier.”

    As a first step, I advise them to spend more time outside.

    Achieving lasting and sustainable happiness is more complicated. Research on the happiest countries in the world and the places where people live the longest, known as Blue Zones, shows a common thread: Residents feel they are part of something larger than themselves, such as a community or a city.

    So if you’re living in a metropolis like Philadelphia, where, incidentally, the iconic pursuit of happiness charge was ratified in the Declaration of Independence, I believe urban citizenship – that is, forming an identity with your urban surroundings – should also be on your list.

    The Greek island of Ikaria in the Aegean Sea is a Blue Zone famous for its residents’ longevity.
    Nicolas Economou/NurPhoto via Getty Images

    Safety, social connection, beauty

    Carl Jung, the renowned Swiss psychoanalyst, wrote extensively about the relationship between our internal world and our external environment.

    He believed that this relationship was crucial to our psychological well-being.

    More recent research in neuroscience and functional imaging has revealed a vast, intricate and complex neurological architecture underlying our psychological perception of a place. Numerous neurological pathways and functional loops transform a complex neuropsychological process into a simple realization: I am happy here!

    For example, a happy place should feel safe.

    The country of Croatia, a tourist haven for its beauty and culinary delights, is also one of the top 20 safest countries globally, according to the 2025 Global Peace Index.

    The U.S. ranks 128th.

    The availability of good food and drink can also be a significant factor in creating a happy place.

    However, according to American psychologist Abraham Maslow, a pioneer in the field of positive psychology, the opportunity for social connectivity, experiencing something meaningful and having a sense of belonging is more crucial.

    Furthermore, research on happy places suggests that they are beautiful. It should not come as a surprise that the happiest places in the world are also drop-dead gorgeous, such as the Indian Ocean archipelago of Mauritius, which is the happiest country in Africa, according to the 2025 World Happiness Report from the University of Oxford and others.

    Happy places often provide access to nature and promote active lifestyles, which can help relieve stress. The residents of the island of Ikaria in Greece, for example, one of the original Blue Zones, demonstrate high levels of physical activity and social interaction.

    A map of 28 happy places in Philadelphia, based on 243 survey responses from Drexel students.
    The Happiness Lab at Drexel University

    Philly Happiness Map

    I asked my undergraduate psychology students at Drexel, many of whom come from other cities, states and countries, to pick one place in Philadelphia where they feel happy.

    From the 243 student responses, the Happiness Lab curated 28 Philly happy places, based on how frequently the places were endorsed and their accessibility.

    Philadelphia’s founder, William Penn, would likely approve that Rittenhouse Square Park and three other public squares – Logan, Franklin and Washington – were included. These squares were vital to Penn’s vision of landscaped public parks to promote the health of the mind and body by providing “salubrious spaces similar to the private garden.” They are beautiful and approachable, serving as “places to rest, take a pause, work, or read a book,” one student told us.

    Places such as the Philadelphia Zoo, Penn’s Landing and the Philadelphia Museum of Art are “joyful spots that are fun to explore, and one can also take your parents along if need be,” as another student described.

    The Athenaeum of Philadelphia, a historic library with eclectic programming, feels to one student like “coming home, a perfect third place.”

    Some students mentioned happy places that are less known. These include tucked-away gardens such as the John F. Collings Park at 1707 Chestnut St., the rooftop Cira Green at 129 S. 30th St. and the James G. Kaskey Memorial Park and BioPond at 433 S. University Ave.

    The James G. Kaskey Memorial Park and BioPond in West Philadelphia is an urban oasis.
    M. Fischetti for Visit Philadelphia

    My students said these are small, unexpected spots that provide an excellent opportunity for a quiet, peaceful break, to be present, whether enjoyed alone or with a friend. I checked them out and I agree.

    The students also mentioned places I had never heard of even though I’ve lived in the city for over 30 years.

    The “cat park” at 526 N. Natrona St. in Mantua is a quiet little park with an eclectic personality and lots of friendly cats.

    Mango Mango Dessert at 1013 Cherry St. in Chinatown, which is a frequently endorsed happiness spot among the students because of its “bustling streets, lively atmosphere and delicious food,” is a perfect pit stop for mango lovers. And Maison Sweet, at 2930 Chestnut St. in University City, is a casual bakery and cafe “where you may end up staying longer than planned,” one student shared.

    I find that Philly’s happy places, as seen through the eyes of college students, tend to offer a space for residents to take time out from their day to pause, reset, relax and feel more connected and in touch with the city.

    Happiness principals are universal, yet our own journeys are very personal. Philadelphians across the city may have their own list of happy places. There are really no right or wrong answers. If you don’t have a personal happy space, just start exploring and you may be surprised what you will find, including a new sense of happiness.

    See the full Philly Happiness Map list here, and visit the exhibit at the W.W. Hagerty Library at Drexel University to learn more.

    Read more of our stories about Philadelphia.

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

    – ref. Philly psychology students map out local landmarks and hidden destinations where they feel happiest – https://theconversation.com/philly-psychology-students-map-out-local-landmarks-and-hidden-destinations-where-they-feel-happiest-258790

    MIL OSI – Global Reports –

  • MIL-OSI Global: Grover Norquist’s lasting influence on the GOP and US economic policy

    Source: The Conversation – USA – By Gibbs Knotts, Professor of Political Science, Coastal Carolina University

    Grover Norquist, president of Americans for Tax Reform, speaks on Capitol Hill on Nov. 7, 2017. Alex Wong/Getty Images

    In the “one, big, beautiful bill,” President Donald Trump has called for substantial decreases in federal domestic spending. However, a schism emerged between Republican lawmakers during the budget debates in Congress.

    Some Republicans in blue states called for a tax increase for the wealthiest Americans, prompting longtime anti-tax advocate Grover Norquist to call the increase an “incredibly destructive idea economically, and very foolish politically.”

    As he has done since the 1980s, Norquist demonstrated his influence over the GOP. Since Trump’s second inauguration, he has appeared in several high-profile news stories about the budget, including a Washington Post article where he said, “Tax cuts are income to Americans and a loss to the bureaucracy.”

    Ultimately, the tax increase was defeated, and the Trump budget proposal passed the House on May 22, 2025.

    Norquist praised the leadership from Speaker Mike Johnson and Majority Leader Steve Scalise, saying taxpayers owe them “bigly for managing a narrow Republican House Majority that was united and committed to reducing taxes on the American people.”

    As scholars of U.S. politics, we examined Norquist’s emergence, traced debates about the scope and size of the American government and assessed Norquist’s relevance in the Donald Trump era, where he continues to wield considerable sway in the Republican Party.

    The conscience of a conservative

    In 1960, a slim, 123-page book changed the trajectory of American conservative thought.

    “The Conscience of a Conservative,” written by Barry Goldwater, laid out the premise that an expansive federal bureaucracy was the root evil of government.

    Four years later, Ronald Reagan launched his political career with a speech supporting Goldwater. His words echoed Goldwater: “No government ever voluntarily reduces itself in size … a government bureau is the nearest thing to eternal life we’ll ever see on this earth.”

    Reagan ended the speech by noting, “You and I have a rendezvous with destiny.” Goldwater wouldn’t manifest that destiny, but Reagan, 16 years later, took this vision of fiscal conservatism to the White House.

    By the 1980s, Goldwater’s limited government creed had become part of Republican dogma. Government wasn’t just bloated, according to Reagan. It was, as he noted, the problem. The Reagan presidency ushered in the doctrine of supply-side economics, which rests on the premise that tax cuts are key to stimulating economic growth.

    Norquist’s emergence

    Into this landscape stepped a young Norquist.

    He had cut his teeth at the National Taxpayer’s Union, a fiscally conservative taxpayer advocacy group. Then, in 1981, he became the executive director of the College Republican National Committee.

    In the first issue of CR Report, a college Republican newsletter, Norquist’s position as executive director was announced, and he provided a list of suggested readings. Among the titles he recommended were Goldwater’s “Conscience,” Milton Friedman’s “Capitalism and Freedom” and Friedrich Hayek’s “The Road to Serfdom.”

    In 1985, Norquist founded Americans for Tax Reform to support his tax reduction efforts. As Norquist noted, “The tax issue is one thing everyone agrees on.”

    He and his organization effectively institutionalized a permanent tax revolt in Congress supported by his “Taxpayer Protection Pledge,” a promise made starting in 1986 to oppose all efforts to increase marginal tax rates or reduce deductions or credits.

    The pledge became a litmus test for fiscally conservative GOP candidates and cemented the party’s anti-tax stance.

    Feeling this pressure, GOP nominee George H.W. Bush delivered his famous line, “read my lips, no new taxes,” at the 1988 Republican National Convention. Those six words were repeatedly used by primary challenger Pat Buchanan and Bush’s opponent in the general election, Bill Clinton, to raise questions about Bush’s honesty – since he made a pledge that he was unable to keep.

    Newt Gingrich, speaker of the House of Representatives, holds up a copy of the ‘Contract With America’ during a speech on the steps of the U.S. Capitol in April 1995.
    Richard Ellis/AFP via Getty Images

    With Clinton in the White House in 1994, Norquist helped House Minority Whip Newt Gingrich write the “Contract with America” to legislate fiscal conservatism. Weaponizing government shutdowns and setting a more confrontational tone, congressional Republicans successfully rolled back welfare programs, reduced the size of government and cut taxes.

    In 1995, they came two votes shy in the Senate of approving an amendment to the Constitution that would have required the federal budget to be balanced – with no borrowing – every year.

    Anti-tax conservatism in the 21st century

    In 2001, Norquist told a reporter at The Nation: “My goal is to cut government in half in twenty-five years to get it down to the size where we can drown it in the bathtub.”

    This objective would have to wait during the George W. Bush presidency. Resulting in part from the Sept. 11 terrorist attacks, the Bush administration saw dramatic expansions of federal power and spending in homeland security, defense and Medicare, as well as a large increase in the budget deficit.

    The tea party movement, a fiscally conservative political group, was formed in response to these Bush-era increases and two signature programs of the Barack Obama administration: the massive stimulus package, the American Recovery and Reinvestment Act, and his signature health care reform, the Affordable Care Act.

    Norquist reveled in renewed attention to tax policies and the size of government, urging readers of The Guardian to “join the Tea Party movement.”

    Norquist’s continuing legacy

    For more than four decades, Norquist has been a relentless advocate for fiscal conservatism. He is the living embodiment of an ideological thread that stretches from Goldwater to Reagan to Gingrich to current GOP leadership.

    Grover Norquist waits for the arrival of President Donald Trump in the East Room of the White House on March 21, 2019.
    AP Photo/Evan Vucci

    The ongoing debates about the Trump budget are just the latest example of Norquist’s influence. He continues to play an active role in debates about the federal budget and still has considerable sway with Republicans.

    However, Norquist’s uncompromising stance on taxes has coincided with increases in federal spending, surging budget deficits and increased national debt.

    That additional debt is accumulating because many Republicans have adopted his anti-tax position while simultaneously increasing defense budgets, maintaining or expanding entitlement spending and lowering taxes on the wealthiest Americans.

    Nevertheless, Norquist continues to be the fiscal conscience of the Republican Party. Politicians come and go. Powerful ideas, and those who champion them, endure.

    The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Grover Norquist’s lasting influence on the GOP and US economic policy – https://theconversation.com/grover-norquists-lasting-influence-on-the-gop-and-us-economic-policy-256978

    MIL OSI – Global Reports –

  • MIL-OSI Global: What happens next in US-Iran relations will be informed by the two countries’ shared history

    Source: The Conversation – USA – By Gregory F. Treverton, Professor of Practice in International Relations, USC Dornsife College of Letters, Arts and Sciences

    Iranians protest the U.S. attacks on Iran’s nuclear facilities in Tehran on June 22, 2025. Morteza Nikoubazl/NurPhoto via Getty Images

    The Trump administration’s decision to bomb Iran dramatically marks the now nearly half-century of hostility between the United States and Iran, which began in 1979 with Iran’s takeover of the U.S. Embassy in Tehran and the taking of 52 diplomatic hostages.

    It remains uncertain whether the Iran-Israel ceasefire will hold, given President Donald Trump’s seemingly impulsive policy decisions and an Israeli leader who critics say pursues war to stay in power.

    Additional unpredictability can be seen in a weakened Iran government that is unpopular with its own people but must also bet that standing up to the U.S. and Israel will induce its people to rally around the flag, even if they don’t like who holds that flag.

    As a U.S. international relations scholar, I think whatever comes next will be well informed by what has already happened in U.S.-Iran history. That includes an offer from Trump – who considers himself the consummate negotiator – to Iran to return to the negotiating table.

    The shah’s last visit to Washington

    The opening bracket in modern U.S.-Iran relations was the 1979 Islamic Revolution that overthrew Shah Mohammad Reza Pahlavi,“ whom a CIA covert action had restored to leadership a quarter-century earlier.

    As a young National Security Council staffer, I stood on the South Lawn of the White House as the shah’s helicopter landed in 1977 for a state visit to his close ally, the United States.

    The episode was perhaps a metaphor for the two countries’ relationship. I stood next to a colleague who had written for President Jimmy Carter remarks that included fulsome praise of the shah, but his crack to me was: “You’ll recognize the shah. He’s the one with blood under his fingernails.” Beneath a formal alliance, there was a good deal of cynicism on the U.S. part about the shah’s repressive regime and use of secret police to suppress opposition.

    Pro- and anti-shah protesters were demonstrating at the bottom of the Ellipse, the park south of the White House grounds. The U.S. Park Police, understandably but unwisely, sought to separate them with tear gas, which then wafted over the proceedings on the South Lawn.

    The Shah of Iran wipes tear gas from his eyes as President Jimmy Carter speaks on the South Lawn of the White House on Nov. 15, 1977.
    AP Photo

    The impact of the hostage crisis

    It’s impossible to overstate the effect of the 1979 hostage crisis, when Iranian students seized the U.S. Embassy in Tehran, holding 62 American hostages for 444 days.

    The Carter administration negotiated the Algiers Accords, which led to the release of the hostages in January 1981. There have been persistent accounts, none ever fully validated, that the incoming Reagan administration dealt with Iran to delay the release until after the new president’s inauguration.

    The crisis not only cost Carter his job, but it also cast an enduring shadow over the U.S.-Iran relationship, compounding Americans’ difficulty in understanding a regime that was not only theocratic but Muslim.

    The 1980s witnessed a whipsaw of relations.

    From 1980 to 1988, as Iran and Iraq fought a bloody war to a stalemate, the U.S. saw the power of both countries contained, but it did provide intelligence and logistical support to Iraq.

    Then came the Iran-Contra Affair of 1985 to 1987. It was the Reagan administration’s most serious scandal, in which White House officials illegally sold sanctioned arms to Iran and secretly diverted the proceeds to the Nicaraguan Contras. In a moment straight out of comic opera, National Security Council aides brought a goodwill chocolate cake to Tehran during a secret diplomatic mission in May 1986.

    Unidentified U.S. hostages arrive on Jan. 21, 1981, at Rhein-Main U.S. Air Force base in Frankfurt, West Germany, one day after their release from Iran.
    AP Photo

    In 1988, a U.S. ship struck an Iranian mine in the Persian Gulf. The U.S. retaliated by destroying oil platforms and damaging Iranian ships in “Operation Praying Mantis,” and tragically – and mistakenly – shot down Iran Air Flight 655, killing 290 civilians.

    The 1990s and 2000s again displayed the limits of the relationship.

    In 1995, President Bill Clinton imposed an oil and trade embargo against Iran, and Congress passed the Iran–Libya Sanctions Act in 1996, which imposed economic sanctions on companies doing business with Iran and Libya.

    In 1998, Iranian President Mohammad Khatami called for a “dialogue of civilizations,” prompting cautious U.S. signals of engagement.

    Then, in 2002, President George W. Bush labeled Iran part of the “axis of evil,” a sharp rhetorical escalation. For its part, Iran alleged U.S. drone incursions and covert operations. Limited diplomatic back channels emerged, but to no outcome.

    In 2009, President Barack Obama reached out to Tehran amid post-election unrest in Iran, but two years later Iran threatened to close the Strait of Hormuz, a crucial route for oil shipments to the West.

    In 2015, the two countries were party to the Joint Comprehensive Plan of Action, with Iran agreeing to limit its nuclear program under international oversight.

    Two years later, though, President Trump withdrew from the nuclear deal and reimposed sweeping sanctions in a “maximum pressure” campaign.

    In 2019 and 2020, a series of tit-for-tat escalations culminated in the Jan. 3, 2020, U.S. drone strike that assassinated senior Iranian General Qassem Soleimani. Iran retaliated with missile strikes on U.S. bases in the region.

    U.S. sanctions continued in the Biden administration as Iran pursued deeper ties with Russia, China and nonstate proxies, especially Hezbollah in Lebanon and the Houthis in Yemen.

    What lessons?

    What can be learned from this tangled history?

    First, that negotiations are possible between the two countries, but they are neither easy nor likely to produce more than limited outcomes. Indeed, high-level indirect talks mediated by Oman began in April 2025, though they were in suspension when the U.S. bombers struck.

    Second, despite the Iran regime’s unpopularity, regime change in Iran is unlikely. Assassinating Ayatollah Ali Khameini would likely abet the “rally ‘round the flag” effect, as did the assassination of Soleimani.

    Third, Iran has been careful in its responses even to Israeli aggression but especially in engaging the U.S. in military conflict, a caution the American B-2 bombings on June 21 can only underscore.

    Iran had to retaliate, so the attack on the U.S. base in Qatar came as no surprise. But Iran was careful in retaliating, even notifying the U.S. in advance.

    The dropping of U.S. bombs, followed by Iran’s careful retaliation, was the opportunity for Trump to make an offer Iran couldn’t refuse.

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

    – ref. What happens next in US-Iran relations will be informed by the two countries’ shared history – https://theconversation.com/what-happens-next-in-us-iran-relations-will-be-informed-by-the-two-countries-shared-history-259607

    MIL OSI – Global Reports –

  • MIL-OSI Africa: eQUB brings Ethiopia’s traditional saving system into the digital age


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    Fintech company eQUB is digitizing Ethiopia’s traditional savings culture through its mobile app. With support from the NTF V Tech project in Ethiopia, the business is bringing a trusted community system online to improve financial access, transparency and inclusion.

    In Ethiopia, informal saving groups known as ‘equb’ have long helped people access money when formal credit options are limited. It’s a system built on trust, and used by friends, neighbours, and families who pool funds and take turns receiving the total contribution. Now, that familiar tradition is being transformed into a digital platform with global potential.

    With support from the Netherlands Trust Fund V (NTF V) Programme at the International Trade Centre (ITC), Ethiopian fintech company eQUB has developed an app that digitises this centuries-old savings model. Users can create and join groups online, manage contributions, automate payments and record-keeping, and access features such as digital withdrawals and customer support.

    Where the idea came from

    In 2018, eQUB co-founder and CEO Alexander Abay Hizikias struggled to access funding for his business. ‘Banks want collateral that most early-stage entrepreneurs don’t have, and microfinance loans are expensive,’ he says. ‘I ended up joining a traditional equb to get the money I needed, and it made me realize this system could work better if it was digital.’

    After nearly two years of development, eQUB was officially registered in 2020. The first version of the app was based on assumptions, but user feedback quickly showed the team what needed to change. That led to a much-improved second version, shaped by real user input and behaviour.

    The eQUB App is now available in English and four local languages. It offers two main options. In private groups, people who already know each other can manage their equb through the app, using features like automatic record-keeping and secure payments. In public groups, individuals can join others with similar savings goals. The app helps match members and handles the draw system fairly.

    Backed by global support and exposure

    eQUB’s growth has picked up speed since joining the NTF V Ethiopia Tech project. The programme has provided technical training, mentoring, and financial support to help the company take part in international trade shows and startup events.

    Since then, the number of users has grown from 25,000 to over 110,000. Monthly savings through the platform now exceed eight figures in Ethiopian birr, and eQUB is on track to surpass 100 million birr ($720,000) in total savings processed by 2026.

    eQUB gained further recognition at the Mobile World Congress (MWC) and 4YFN (Four Years From Now) in Barcelona, two of the world’s leading platforms for mobile innovation and startups, where it won the Best FinTech Pitch award in 2024. 

    The company also topped the FinTech category at AfricArena Johannesburg, standing out among strong competitors from across the African continent. These wins attracted interest from global investors, some of whom have since visited eQUB’s headquarters in Addis Ababa.

    At the AfricArise Scale Programme, which included mentorship from experienced founders, cloud infrastructure specialists, and finance professionals, eQUB won $50,000 in Amazon Web Services credits at events in Johannesburg and London. These resources have helped reduce the costs of scaling the platform’s technical infrastructure.

    Local impact, global relevance

    The company has already identified similar saving systems in other African countries that follow the same model, such as ‘susu’ in Ghana, ‘esusu’ in Nigeria and ‘stokvels’ in South Africa. 

    ‘People in these countries are already familiar with community savings,’ says Hizikias. ‘Instead of introducing unfamiliar digital banking products, we’re building on what people already trust and making it more secure and trackable.’

    To support this, the eQUB App is developing a credit scoring system based on users’ savings and payout history. ‘Right now, if someone has participated in an equb for 10 years, they have no proof of financial reliability. Our platform creates a digital trail that could help them access formal credit down the line,’ he says.

    Hizikias also has advice for other fintech founders. ‘Before you raise money, prove your product works. Start small, find early users, and focus on solving real problems. Then use international platforms to test your idea against global standards. That’s where you’ll really learn and grow.’

    As eQUB enters its next phase of growth, the company is actively raising its first seed funding round, which it aims to close by the end of 2025. With a growing user base, international recognition, and deep cultural relevance, eQUB is showing how local innovation, when supported and scaled well, can compete and succeed globally.

    Distributed by APO Group on behalf of International Trade Centre.

    MIL OSI Africa –

  • MIL-OSI Africa: Minister of Planning, Economic Development and International Cooperation Meets Representatives of Chinese Business Community and Investors on Sidelines World Economic Forum (WEF) Meetings in Tianjin


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    H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, held an expanded meeting with a number of leaders and representatives of the Chinese business community, with the participation of Eng. Hassan El-Khatib, Minister of Investment and Foreign Trade.

    The meeting took place during her participation in the World Economic Forum’s Annual Meeting in Tianjin, China, and included several CEOs from Chinese companies in the automotive, pharmaceutical, financial, and digital transformation sectors, among others.

    During the meeting, H.E. Minister Al-Mashat emphasized the deep and distinguished Egyptian-Chinese relations, which span decades of close cooperation based on mutual respect and common interests. She noted that the comprehensive strategic partnership between the two countries, launched in 2014, represents a successful model for South-South cooperation and contributes to achieving mutual development.

    H.E. Dr. Al-Mashat pointed out that in recent years, the Egyptian state has adopted an ambitious program of economic and structural reform aimed at enhancing the investment environment, stimulating private sector participation, and developing infrastructure. This creates promising opportunities for joint investment in priority sectors such as industry, renewable energy, telecommunications, technological infrastructure, and logistics.

    H.E. Dr. Al-Mashat reiterated that China is a key partner in this vision, as economic relations between the two countries are witnessing remarkable development, both in terms of trade volume and direct investments. She highlighted the unique investment opportunities Egypt offers, based on its distinguished geographical location, a network of free trade agreements, and legislative frameworks that support business growth.

    H.E. Minister Al-Mashat added that the Egyptian government seeks to strengthen cooperation with Chinese companies and institutions wishing to expand into the Egyptian market, especially within the framework of Egypt’s Vision 2030, which includes targets related to sustainable growth, green transformation, and the localization of strategic industries.

    H.E. Dr. Al-Mashat reaffirmed that the government is working to consolidate macroeconomic stability and preserve development gains to deal with successive regional and international challenges. She noted that the state continues to implement a comprehensive program of economic and structural reforms aimed at enhancing the economy’s resilience, improving the business climate, and expanding the growth base led by the private sector. She mentioned that these reforms, along with continuous investments in infrastructure and legislative modernization, make Egypt an attractive and growing destination for foreign direct investment.

    At the conclusion of the meeting, H.E. Minister Al-Mashat invited the Chinese business community to take advantage of cooperation opportunities with Egypt as a gateway to African, Middle Eastern, and European markets. She stressed the state’s commitment to providing all means of support to serious investors and building long-term partnerships that contribute to achieving common interests and balanced development.

    It is worth noting that the Ministry of Planning, Economic Development and International Cooperation, in its role of developing and strengthening economic relations with development partners, is working to advance relations on various levels with the Chinese side, particularly in the field of exchanging expertise and technology and enhancing scientific research. The Chinese side contributes to supporting and developing Egyptian expertise in the field of satellite assembly and testing, and training Egyptian cadres.

    In 2023, a Memorandum of Understanding for the Global Development Initiative (GDI) was signed during Dr. Rania Al-Mashat’s visit to China. This MoU lays the foundation for a new phase of joint work with the Chinese side. Through this, an integrated strategy for development cooperation between Egypt and China for 3-5 years will be formulated for the first time in light of the joint relations between the two countries. The two countries also signed their first MoU for debt-for-development swap, which the Ministry of Planning, Economic Development and International Cooperation is working to activate.

    Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation – Egypt.

    MIL OSI Africa –

  • MIL-OSI Canada: Landlords and property managers: agreeing with competitors on rental prices is illegal

    Source: Government of Canada News (2)

    June 25, 2025 – GATINEAU (Québec), Competition Bureau

    The Competition Bureau is aware that some landlords and property managers may be engaging with their competitors, including through discussion groups on social media. 

    While some discussions between competitors may be justified, others could be illegal. Landlords and property managers must understand the difference between conversations that are harmless and conversations that they should steer clear from.

    Agreements between landlords to “make the most of the booming rental housing market” or “find ways to ensure that all players benefit from the strong demand equally” raise concerns under the law and could be illegal.

    It is illegal for competitors to agree about:

    • Rental prices, including any increases or surcharges.
    • The terms of their leases, including amenities and services.
    • Restricting the housing supply by artificially reducing the availability of rental units.

    Engaging in illegal agreements with competitors, such as price-fixing, market allocation, restricting supply, or wage-fixing and no-poaching agreements, is a criminal offence under the Competition Act, with potential prison sentences of up to 14 years and hefty fines at the discretion of the court.

    Landlords and property managers can stay on the right side of the law by: 

    • Deciding on their own prices, price increases, surcharges and the terms of leases.
    • Explaining and negotiating the terms of leases with their tenants only.

    The Bureau encourages the reporting of any suspicious activity through the Bureau’s Information Centre and online form. Those who believe that the company they work for has entered into an illegal agreement with its competitors can provide information anonymously through the Bureau’s Whistleblowing Initiative. Parties that engaged in anticompetitive activity can also come forward to seek immunity or leniency in return for their cooperation with the Bureau’s investigations.

    MIL OSI Canada News –

  • MIL-OSI: Skyward Partners with Panorama to Bring Leading AI and Intervention Solutions to Texas Districts

    Source: GlobeNewswire (MIL-OSI)

    STEVENS POINT, Wis., June 25, 2025 (GLOBE NEWSWIRE) — Skyward, a school administration software provider committed to helping K-12 leaders spend less time on tasks and more time with students, is proud to announce a new partnership with Panorama Education. Together with the Texas Education Exchange, this partnership will bring AI-driven intervention planning and research-based Multi-Tiered System of Supports (MTSS) tools to school districts across Texas.

    Skyward customers in Texas now have direct access to Panorama Solara, a FERPA-compliant AI platform built for K–12, and Panorama Student Success, a proven MTSS platform highly integrated with Skyward’s Qmlativ solution.

    As Texas educators increasingly adopt generative AI to save time and personalize learning, districts are seeking secure, scalable solutions that meet high standards for data privacy and compliance. At the same time, mandates like House Bill 1416 require more comprehensive intervention tracking and reporting, which many SIS platforms struggle to meet.

    “When districts can securely integrate tools that work together, they spend less time managing systems and more time supporting students,” said Dave Ilkka, vice president of new business development at Skyward. “Through The Exchange, our partnership with Panorama brings powerful AI and additional student support solutions directly to Texas districts, helping them meet HB 1416 requirements with confidence.”

    “Through our partnership with Skyward and The Exchange, districts can now leverage high-quality, context-aware AI outputs and research-backed MTSS interventions while upholding the highest standards of student data privacy,” said John Ruff, Director of Strategic Partnerships at Panorama Education. “This eliminates data silos, reduces manual work, and supports seamless state reporting and compliance with HB 1416.”

    Though Skyward already has an MTSS solution built within its Qmlativ solution, partnering with Panorama Student Success will support additional functionality while directly integrated.

    Together, Skyward, Panorama, and The Exchange are delivering a smarter, more secure path forward for Texas districts—one that empowers educators, supports compliance, and drives better outcomes for every student.

    About Skyward: Since 1980, Skyward’s SIS and ERP solutions have helped more than 2,500 school districts save time, connect with families, and empower success. By blending advanced technology guided by actual users with world-class support delivered with a personal touch, Skyward is the clear choice for K-12 leaders who want to spend less time on tasks and more time with students. To learn more about the next generation of K-12 administration software, visit www.skyward.com.

    About Panorama: Panorama Education is an education technology company founded in 2012 that helps students achieve academic success and well-being, and gives schools and school districts a platform to hear what families, students and teachers need in the classroom. Educators use Panorama’s software platform to understand and support students across academics, attendance, behavior, and life skills development. District leaders use the same platform to track progress toward strategic goals, such as literacy, graduation, and school safety. Panorama is proud that its platform is used to support 15 million students in 25,000 schools and 2,000 districts across the United States. For more information, visit www.panoramaed.com.

    About the Texas Education Exchange: The Texas Education Exchange (The Exchange) is a statewide data solution hosted by the Region 4 Education Service Center in Houston and founded in collaboration with Region 10 in Dallas, Region 11 in Ft. Worth, Region 13 in Austin, and Region 20 in San Antonio. The Exchange is available to districts and charter schools in all regions across Texas, providing educators with the tools they need to unite data from disconnected sources to improve student success.

    Media Contact:
    Alexis Bushman
    Skyward, Inc.
    (715) 972-4397
    alexis.bushman@skyward.com

    The MIL Network –

  • MIL-OSI: Metafoodx Unveils AI Temperature Monitoring to Keep Food Out of the Danger Zone — and the Trash

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, June 25, 2025 (GLOBE NEWSWIRE) — Metafoodx, the AI food operations company, today announced the launch of its groundbreaking temperature intelligence technology, designed to detect, forecast and prevent food safety failures before they occur. The new innovation delivers real-time temperature monitoring and predictive alerts, empowering kitchens to stop waste and improve compliance at scale.

    Every year, millions of pounds of food are discarded, not because they’re expired, but because they quietly slip into the FDA-defined temperature “danger zone” (between 41°F and 135°F) during service. In one institutional kitchen alone, Metafoodx discovered that over 56% of food items scanned during peak service hours were unsafe for consumption.

    “Food waste is often a direct result of food safety failures,” said Fengmin Gong, CEO and co-founder of Metafoodx. “Our AI solution gives kitchens the power to stop temperature-related waste before it happens so they can keep food safe for longer periods of time and serve more of it.”

    Unlike traditional spot-check thermometers, Metafoodx’s patented scanner captures surface temperature and a 3D profile of food items to estimate internal temperature without invasive probes. Dual scans taken before and after service allow the AI to track how temperature changes over time, or kitchens can set timer-based rules to ensure safety compliance. Over time, the AI learns from each kitchen’s unique layout, menu and equipment to deliver site-specific recommendations and optimizations.

    This intelligence helps kitchens:

    • Reduce temperature-related food waste by 20%–30%
    • Boost food safety compliance with real-time alerts
    • Eliminate the need for manual thermometer checks
    • Enhance guest satisfaction by maintaining consistent quality
    • Increase safe food holding times by up to 40 minutes

    Metafoodx has deployed AI Temperature Monitoring across commercial kitchens at Pomona College, University of Guelph and others, and is already driving measurable results.

    To learn more about meeting food safety standards with Metafoodx, read the white paper Too Hot to Fail.

    About Metafoodx
    Metafoodx is a patented, AI-powered food operations platform that helps commercial kitchens reduce waste, optimize production and drive sustainability through real-time data and automation. Trusted by leading universities and food service providers, Metafoodx delivers measurable impact, including up to a 50% reduction in food waste and a 200% ROI within weeks of deployment. Metafoodx is a 2025 Kitchen Innovations Award winner, recognized by the National Restaurant Association for advancing efficiency and productivity in food operations.

    Visit metafoodx.com, and follow the company on LinkedIn, X and YouTube.

    Media Contact
    Liesse Jayalath
    metafoodx@lookleftmarketing.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b26d1249-a8d2-4499-834f-3e6a7ad1efe3

    The MIL Network –

  • MIL-OSI: Metafoodx Unveils AI Temperature Monitoring to Keep Food Out of the Danger Zone — and the Trash

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, June 25, 2025 (GLOBE NEWSWIRE) — Metafoodx, the AI food operations company, today announced the launch of its groundbreaking temperature intelligence technology, designed to detect, forecast and prevent food safety failures before they occur. The new innovation delivers real-time temperature monitoring and predictive alerts, empowering kitchens to stop waste and improve compliance at scale.

    Every year, millions of pounds of food are discarded, not because they’re expired, but because they quietly slip into the FDA-defined temperature “danger zone” (between 41°F and 135°F) during service. In one institutional kitchen alone, Metafoodx discovered that over 56% of food items scanned during peak service hours were unsafe for consumption.

    “Food waste is often a direct result of food safety failures,” said Fengmin Gong, CEO and co-founder of Metafoodx. “Our AI solution gives kitchens the power to stop temperature-related waste before it happens so they can keep food safe for longer periods of time and serve more of it.”

    Unlike traditional spot-check thermometers, Metafoodx’s patented scanner captures surface temperature and a 3D profile of food items to estimate internal temperature without invasive probes. Dual scans taken before and after service allow the AI to track how temperature changes over time, or kitchens can set timer-based rules to ensure safety compliance. Over time, the AI learns from each kitchen’s unique layout, menu and equipment to deliver site-specific recommendations and optimizations.

    This intelligence helps kitchens:

    • Reduce temperature-related food waste by 20%–30%
    • Boost food safety compliance with real-time alerts
    • Eliminate the need for manual thermometer checks
    • Enhance guest satisfaction by maintaining consistent quality
    • Increase safe food holding times by up to 40 minutes

    Metafoodx has deployed AI Temperature Monitoring across commercial kitchens at Pomona College, University of Guelph and others, and is already driving measurable results.

    To learn more about meeting food safety standards with Metafoodx, read the white paper Too Hot to Fail.

    About Metafoodx
    Metafoodx is a patented, AI-powered food operations platform that helps commercial kitchens reduce waste, optimize production and drive sustainability through real-time data and automation. Trusted by leading universities and food service providers, Metafoodx delivers measurable impact, including up to a 50% reduction in food waste and a 200% ROI within weeks of deployment. Metafoodx is a 2025 Kitchen Innovations Award winner, recognized by the National Restaurant Association for advancing efficiency and productivity in food operations.

    Visit metafoodx.com, and follow the company on LinkedIn, X and YouTube.

    Media Contact
    Liesse Jayalath
    metafoodx@lookleftmarketing.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b26d1249-a8d2-4499-834f-3e6a7ad1efe3

    The MIL Network –

  • MIL-OSI: Ignis Energy Announces Final Close of $13.6M Series A Round To Advance Global Geothermal Exploration Portfolio

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 25, 2025 (GLOBE NEWSWIRE) — Ignis H2 Energy Inc. (“Ignis Energy”), a geothermal exploration and development company, today announced the final close of its Series A funding round, securing $13.6 million from a global consortium of investors. This milestone builds on the initial close announced in February, which was led by sustainable energy investor alfa8 and included drilling contractor Nabors Industries, climate technology investor The Twynam Group, GEOLOG, and several private investors and family offices.

    Ignis Energy is building a globally diversified, risk-balanced geothermal portfolio focused on near-term viability and long-term growth. The company specializes in locating, de-risking, and delivering commercially viable geothermal power. The capital secured in this round enables key projects to reach technical maturity and prepare for capital-intensive development phases.

    “In a market chasing breakthrough headlines, Ignis Energy brings the spotlight back to the geology,” said Richard Calleri, CEO, Ignis Energy. “Without proven heat in the ground, there’s nothing to scale. Ignis finds it, proves it, and produces it.”

    “Ignis has demonstrated strong execution on its strategy and is already moving rapidly onto the next milestones,” said Guillermo Sierra, VP, Strategic Initiatives, Nabors Industries. “Their commercial focus and speed stand out, and we look forward to continued collaboration on near-term projects and beyond.”

    Building a Global, Fit-for-Resource Geothermal Platform

    Leveraging decades of oil and gas expertise, Ignis applies proven technologies and exploration workflows to de-risk geothermal projects across high-enthalpy regions. Rather than betting on a single breakthrough, Ignis uses a ‘fit-for-resource’ strategy—tailoring each project to the best commercial technology for its reservoir and market. This includes conventional hydrothermal systems as well as emerging approaches like Enhanced Geothermal Systems (EGS) and Advanced Geothermal Systems (AGS), where appropriate.

    Platform Momentum & Outlook

    Ignis is rapidly advancing high-priority assets in Türkiye and the U.S.:

    • Türkiye: In Eastern Anatolia, Ignis drilled its first temperature gradient well in Q4 2024, confirming reservoir temperatures and artesian flow. Two deep wells will follow this summer to fully de-risk the Kaynarpınar field and position it as Ignis’ first commercial project—and a model for underexplored geothermal basins.
    • Western U.S.: Ignis is advancing surface exploration across five Nevada and one Utah lease, supported by its proprietary AI targeting engine. Drilling in Nevada is expected in 2026, with development of a data center-aligned power plant targeted for 2027.
    • Alaska: The Alaska Railbelt grid—supplying two-thirds of the state’s population—faces urgent pressure to replace aging gas-fired capacity and reduce high electricity prices. GeoAlaska, Ignis’ regional partner, plans to drill its first well by mid-2026, backed by three Letters of Intent from major offtakers in the utility, mining, and data center sectors.

    “Our vision is pragmatic and region-first,” said Marcus Oesterberg, COO, Ignis Energy. “We don’t chase speculative breakthroughs—we match the right technology to the right resource and build local momentum. Ignis is a geothermal opportunity engine, unlocking real heat under real projects.”

    AI-Driven Exploration for a Cleaner Future

    Ignis applies AI not as a gimmick, but as a precision tool. Its hybrid system—combining machine learning and computer vision—has already improved lease targeting and accelerated early-stage decision-making. This allows Ignis to move confidently and cost-effectively into underexplored geothermal basins.

    About Ignis Energy

    Ignis Energy develops commercially viable geothermal projects in the U.S., Türkiye, Indonesia, and Italy. Its region-first, technology-flexible model enables early de-risking and smarter development. The company is targeting 1 GW of producible geothermal reserves by 2030. https://ignisenergy.com/

    About alfa8
    alfa8 is an entrepreneurial family office that backs builders and technologies driving the energy transition, with a passion for geothermal energy. https://alfa8.co/

    About Nabors Industries
    Nabors Industries is a global drilling and energy technology leader advancing low-carbon solutions, including geothermal. https://www.nabors.com/

    About Twynam
    Twynam is a climate-focused investment firm supporting bold, scalable technologies for deep decarbonization. https://www.twynam.com/

    About GEOLOG
    GEOLOG delivers advanced formation evaluation and real-time geoscience services for energy operators worldwide.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/358150ec-2d98-480e-a9d8-c3360087b896

    The MIL Network –

  • MIL-OSI: InformData Launches Monitoring Product Suite, Providing Real-Time Access to Verifiable People Data

    Source: GlobeNewswire (MIL-OSI)

    • The solutions provide always-on visibility into emerging risk, enabling companies across industries to identify and implement solutions before problems arise.
    • InformData provides coverage across 97% of the U.S. population and 92% of court records.
    • The launch of the product suite echoes InformData’s mission to turn data into trust and enable businesses to make timely, informed and confident decisions.

    KENNESAW, Ga., June 25, 2025 (GLOBE NEWSWIRE) — InformData, a trusted leader in delivering verifiable people data for businesses, announced the launch of its Monitoring product suite, designed to give organizations real-time visibility into potential workforce risks. The offerings provide businesses with earlier alerts, broader coverage, and a cost-effective, modern alternative to monitoring behaviors related to risk.

    InformData’s monitoring solutions cover 97% of the U.S. population and 92% of US courts, providing employers, insurers and compliance leaders with consistent and timely insights, and the ability to act on risk as it arises. By closing long-standing visibility gaps in traditional point-in-time background checks and motor vehicle records (MVRs), the platform reduces employer liability by instantly flagging incidents as soon as court filings appear or arrests occur.

    “In today’s environment, risk doesn’t wait, and neither should the systems designed to detect it,” said Andrew Feigenson, CEO of InformData. “We developed these solutions to help our partners move to a world of continuous, contextual intelligence. Our platform gives businesses–from CRAs to gig economy companies and healthcare providers–the clarity and transparency needed to act decisively and responsibly in fast-moving environments.”

    Key features include:

    • Real-time alerts and court-sourced updates, refreshed every 60 seconds
    • Behavioral insights categorized by role, geography, and department
    • Identity confidence scores to assess match accuracy for each case
    • Earlier visibility into violations, as well as insight into driving-related violations that don’t appear on standard MVRs
    • Seamless integration with HRIS, ATS, and compliance systems

    Monitoring Solutions Applications
    The initial monitoring solutions include criminal and driver monitoring, which enable employers to identify potential risks before they arise. For industries such as logistics, healthcare and commercial insurance, InformData’s always-on behavioral risk monitoring model enables employers to intervene early, and focus on implementing solutions such as training opportunities, reassignments, or deeper reviews.

    InformData’s driver monitoring solution addresses the growing need for an alternative to traditional MVR monitoring and point-in-time screening methods. Companies are now able to tailor HR, trust and safety, and compliance processes based on their specific industry and business needs, and ultimately gain more visibility and a deeper and more holistic understanding of driver behavior.

    “Our partnership with InformData enables our clients to have a clear pulse on driver related incidents in real-time, which is essential in ensuring safety within the transportation industry,” said Yervand Akopyan, CTO of New Era Titans. “By creating a compliant and affordable monitoring workflow, we’re ensuring that businesses can make informed decisions, reduce risk, and keep their employees safe.”

    InformData’s Monitoring products are now available through the company’s Connect platform. Learn more or request a demo here.

    About InformData
    InformData is a trusted provider of verifiable people data, providing businesses seamless access to the insights they need to build secure, trust-filled environments. By leveraging deep data connections, InformData delivers comprehensive identity, credential, behavioral and affiliation data across both domestic and global markets. With accurate, actionable intelligence, businesses can make confident decisions, strengthen compliance, and foster meaningful relationships throughout their ecosystems.

    Media Contact:
    Kite Hill for InformData
    informdata@kitehillpr.com

    The MIL Network –