Category: Business

  • MIL-OSI Economics: Next-generation monetary and financial system takes shape, based on a tokenised unified ledger: BIS

    Source: Bank for International Settlements

    • Building on the proposal for a unified ledger, the “trilogy” of tokenised central bank reserves, commercial bank money and government bonds is the next logical step to deliver profound change for the financial system.
    • Tokenisation can enhance efficiency and open new possibilities in cross-border payments, securities markets and beyond, while maintaining the key principles of sound money: singleness, elasticity and integrity.
    • Stablecoins as a form of sound money fall short, and without regulation pose a risk to financial stability and monetary sovereignty.

    A tokenised unified ledger incorporating central bank money, commercial bank deposits and government bonds will lay the foundations of a tokenised monetary and financial system based on the time-tested principles of sound money, the Bank for International Settlements said today, as it called on central banks and public authorities to pave the way for this next phase.

    A special chapter of the BIS’s Annual Economic Report 2025 builds on the principles of the unified ledger by laying out a more detailed blueprint for how this concept can combine the “trilogy” of tokenised central bank reserves, tokenised commercial bank money and tokenised government bonds, while maintaining the core elements of a sound monetary system based on trust in central bank money.

    Tokenisation – the digital representation of assets on programmable platforms – integrates messaging, reconciliation and settlement into a single seamless operation, and can transform cross-border payments and securities markets, ushering in a new era for the financial system.

    Tokenisation of deposits and central bank money means that both the primary means of payment as well as the settlement function of central bank money can be integrated seamlessly on the same programmable platform. It has the potential to transform securities markets and its application to correspondent banking is especially promising.

    Hyun Song Shin, Economic Adviser and Head of the Monetary and Economic Department

    While stablecoins may eventually play a subsidiary role in the hinterland of the financial system if adequately regulated, they do not deliver singleness of money (acceptance for payment at par), elasticity (timely discharge of obligations, preventing gridlock) and integrity (safeguarding against financial crime). Therefore, besides acting as a gateway to the crypto ecosystem, their future role is unclear.

    The next-generation monetary and financial system combines the time-tested principles of trust in money underpinned by central banks with the functionality unlocked by tokenisation. This system is poised to deliver substantial improvements to current practices and to enable entirely new economic arrangements. Realising the full potential of the system requires bold actions by central banks, which need to work in partnership with the private sector and other public authorities.

    Agustín Carstens, General Manager

    The BIS and central banks are already driving this vision with Project Agorá, a collaboration led by the BIS with seven central banks and 43 private sector institutions.

    The BIS is not just theorising, it is working with central banks to test and develop tokenisation as the backbone of the future monetary and financial system. The BIS Innovation Hub’s Project Agorá harnesses tokenisation to improve cross-border payments in the banking system and make them seamless, more efficient and cost-effective. Project Pine explores how central banks can implement monetary policy operations in a tokenised world.

    Andréa M Maechler, Deputy General Manager and Acting Head of the BIS Innovation Hub

    Note to editors:

    • The full BIS Annual Economic Report 2025 and the BIS Annual Report 2024/25 will be published on 29 June.

    MIL OSI Economics

  • MIL-OSI NGOs: Oceans Threatened whale species found in areas targeted by The Metals Company for deep sea mining, scientists warn Exeter, UK – 24.06.2025 – A scientific survey of two areas targeted for deep sea mining in the Pacific Ocean by The Metals Company has confirmed the presence of whales… by Alison Kirkman June 24, 2025

    Source: Greenpeace Statement –

    Exeter, UK – 24.06.2025 – A scientific survey of two areas targeted for deep sea mining in the Pacific Ocean by The Metals Company has confirmed the presence of whales and dolphins, including sperm whales which are listed as vulnerable on the IUCN Red List of Threatened Species. 

    The news comes as world governments are about to attend a meeting of the International Seabed Authority (ISA) next month, with 37 governments already voicing their opposition to deep sea mining. The ISA is the intergovernmental body charged with regulating deep sea mining in international waters. It has a mandate to protect the oceans from harmful effects.

    The survey is published today in the scientific journal, Frontiers in Marine Science. It was conducted by researchers from the University of Exeter and Greenpeace Research Laboratories from Greenpeace International’s ship, Arctic Sunrise. It studied two exploration blocks held by The Metals Company in the Pacific’s Clarion-Clipperton Zone (known as NORI-d and TOML-e).

    Dr Kirsten Young of the University of Exeter and lead author of the study said:

    “We already knew that the Clarion-Clipperton Zone is home to at least 20 species of cetaceans, but we’ve now demonstrated their presence in two areas specifically earmarked for deep sea mining by The Metals Company.”

    Following President Trump’s approval of a deep sea mining Executive Order in April, The Metals Company applied to the US government to give TMC unilateral permission to commercially mine the international seabed in the Clarion-Clipperton Zone. According to reports, this application covers the NORI-d area. This bypasses and undermines the International Seabed Authority, the UN regulator for deep sea mining and has been met with strong criticism from governments around the world. Scientists have previously warned of “long lasting, irreversible” impacts of deep sea mining on the region.

    Cetaceans are known to be impacted by noise pollution caused by humans, and could be impacted by the significant noise expected to be created by deep sea mining operations. These operations would also generate sediment plumes, which could impact cetacean populations by disrupting deep ocean food systems.

    Dr Kirsten Young continued:

    “While more research is needed to build a complete picture of the impact of the noise and sediment plumes on cetaceans, it’s clear that deep sea mining operations will negatively impact ocean ecosystems in areas far out to sea where monitoring is particularly challenging.”

    The survey provides a 13-day snapshot of cetacean activity in these two deep sea mining exploration areas. Using hydrophones, the research team confirmed 74 acoustic detections of cetaceans. This included a sperm whale, Risso’s dolphins and common dolphins.

    Louisa Casson of Greenpeace International said:

    “The Metals Company’s plans to mine the seabed in the Pacific are not only a slap in the face for multilateralism and international law, science confirms they would expose some of our most iconic, charismatic and beautiful marine life to noise and other forms of pollution if allowed to go ahead.

    “The confirmed presence of cetaceans, including threatened sperm whales, in areas that The Metals Company is targeting for deep sea mining is yet another clear warning that this dangerous industry must never be allowed to begin commercial operations.

    “If these species are present in TMC licence areas, it’s highly likely they’re across others too, like those sponsored through UK Seabed Resources by the UK Government. We already know from documents obtained via freedom of information requests that minke whales have been observed in UKSR1. 

    “This is no time for the UK and other governments to continue futile discussions about a set of rules to allow deep sea mining to start. The only sensible course of action at next month’s International Seabed Authority meeting would be to prioritise agreeing on a global moratorium.”

    This study in the Pacific is mirrored by another recent piece of Greenpeace research in the Arctic. Researchers found cetaceans, including deep-diving and noise-sensitive sperm whales and northern bottlenose whales, in an area targeted for future mining. If the Norwegian government proceeds with deep sea mining in the area, noise and pollution pose severe consequences. Greenpeace researchers are in the Arctic right now further documenting the presence of cetaceans in the area to expose the risks of deep sea mining and to champion the protection of the Arctic’s vulnerable marine life.

    Calls for a moratorium on deep sea mining grew at the recent UN Ocean Conference, with four new countries joining the group supporting a moratorium, bringing the total to 37. The UN Secretary General also issued a strong call to stop this dangerous industry. Momentum against deep sea mining will now be carried forward to the July ISA meeting.

    Ends

    Download whale and deep sea mining images here

    Download whale videos and images from the ongoing expedition to the proposed mining area in the Norwegian Sea here

    The survey was published today in the Frontiers in Marine Science peer reviewed journal. A full copy of the paper is available on request.

    Contacts:

    Greenpeace International Press Desk: pressdesk.int@greenpeace.org, +31 (0) 20 718 2470 (available 24 hours)

    MIL OSI NGO

  • MIL-OSI: BloFin futures performance rivals top exchanges across BTC, ETH, and leading altcoins

    Source: GlobeNewswire (MIL-OSI)

    ROAD TOWN, Virgin Islands, June 24, 2025 (GLOBE NEWSWIRE) — BloFin strengthens its position as a global leader in futures trading liquidity and slippage control, outperforming mid-tier competitors and matching the performance of top-tier exchanges.

    BloFin Exchange has achieved a significant milestone in future market performance, establishing itself as a top-tier competitor in both liquidity and trade execution quality. According to the latest official data collected via API monitoring from June 16 to June 19, 2025, BloFin’s futures market depth and slippage performance position the exchange alongside long-established industry leaders such as Binance, OKX, and Bybit, further solidifying its reputation among global futures market participants.

    Tier-1 futures liquidity achieved, with a top-two global ranking across depth metrics

    In cumulative futures depth at both the 0.1% and 0.05% price deviation levels, BloFin ranked firmly among the top three global exchanges. Its liquidity performance not only outpaced all mid-tier platforms but also closely matched or exceeded several tier-1 competitors.

    • At the 0.1% depth level, BloFin secured the second position in overall futures liquidity with a total cumulative depth of 92.6 million, surpassing OKX and coming in just behind Binance.
    • At the 0.05% depth level, BloFin maintained a strong second-place ranking with a cumulative depth of 46.1 million, outperforming both OKX and Binance under tighter market conditions.

    These results demonstrate BloFin’s consistent capacity to support high-volume, low-slippage trading activity for institutional participants and large-volume retail users.

    Whale-grade slippage control delivers execution quality on par with leading exchanges

    In addition to liquidity depth, BloFin exhibited robust trade execution metrics under stress-tested conditions. The exchange delivered highly competitive slippage rates for both BTC and ETH futures, alongside a wide range of over 15 actively traded altcoins, including SOL, XRP, DOGE, PEPE, ADA, and TRUMP.

    BloFin’s slippage performance for major assets under two levels of simulated stress remained in line with top-tier platforms, confirming the exchange’s ability to maintain price stability and execution efficiency in volatile or high-demand trading environments. Notably, BloFin also offered lower slippages for trending, volatile altcoins — an area where many mid-tier competitors face significant execution gaps.

    A new global contender reshaping the futures trading landscape

    BloFin’s performance in this report affirms its standing as a rising leader in the global futures market. By delivering futures market depth and slippage control on par with tier-1 exchanges, BloFin strengthens its appeal to whales, institutional traders, and high-frequency participants seeking deep liquidity and reliable trade execution across both dominant and emerging digital assets.

    As the exchange continues its expansion into key global markets and strategic event sponsorships, this achievement further enhances BloFin’s credibility as a serious futures market contender.

    About BloFin

    BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, Coin-Margined Perpetual Contracts, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website at https://www.blofin.com.

    Contact:

    Annio W.
    annio@blofin.io

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ed503f50-4ab2-41f1-95cc-7e54a90942aa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f1d05780-6070-4dad-b940-987dc2f69334

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6e7cd7e1-174f-4e74-be9c-8b38f4acad05

    The MIL Network

  • MIL-OSI: BloFin futures performance rivals top exchanges across BTC, ETH, and leading altcoins

    Source: GlobeNewswire (MIL-OSI)

    ROAD TOWN, Virgin Islands, June 24, 2025 (GLOBE NEWSWIRE) — BloFin strengthens its position as a global leader in futures trading liquidity and slippage control, outperforming mid-tier competitors and matching the performance of top-tier exchanges.

    BloFin Exchange has achieved a significant milestone in future market performance, establishing itself as a top-tier competitor in both liquidity and trade execution quality. According to the latest official data collected via API monitoring from June 16 to June 19, 2025, BloFin’s futures market depth and slippage performance position the exchange alongside long-established industry leaders such as Binance, OKX, and Bybit, further solidifying its reputation among global futures market participants.

    Tier-1 futures liquidity achieved, with a top-two global ranking across depth metrics

    In cumulative futures depth at both the 0.1% and 0.05% price deviation levels, BloFin ranked firmly among the top three global exchanges. Its liquidity performance not only outpaced all mid-tier platforms but also closely matched or exceeded several tier-1 competitors.

    • At the 0.1% depth level, BloFin secured the second position in overall futures liquidity with a total cumulative depth of 92.6 million, surpassing OKX and coming in just behind Binance.
    • At the 0.05% depth level, BloFin maintained a strong second-place ranking with a cumulative depth of 46.1 million, outperforming both OKX and Binance under tighter market conditions.

    These results demonstrate BloFin’s consistent capacity to support high-volume, low-slippage trading activity for institutional participants and large-volume retail users.

    Whale-grade slippage control delivers execution quality on par with leading exchanges

    In addition to liquidity depth, BloFin exhibited robust trade execution metrics under stress-tested conditions. The exchange delivered highly competitive slippage rates for both BTC and ETH futures, alongside a wide range of over 15 actively traded altcoins, including SOL, XRP, DOGE, PEPE, ADA, and TRUMP.

    BloFin’s slippage performance for major assets under two levels of simulated stress remained in line with top-tier platforms, confirming the exchange’s ability to maintain price stability and execution efficiency in volatile or high-demand trading environments. Notably, BloFin also offered lower slippages for trending, volatile altcoins — an area where many mid-tier competitors face significant execution gaps.

    A new global contender reshaping the futures trading landscape

    BloFin’s performance in this report affirms its standing as a rising leader in the global futures market. By delivering futures market depth and slippage control on par with tier-1 exchanges, BloFin strengthens its appeal to whales, institutional traders, and high-frequency participants seeking deep liquidity and reliable trade execution across both dominant and emerging digital assets.

    As the exchange continues its expansion into key global markets and strategic event sponsorships, this achievement further enhances BloFin’s credibility as a serious futures market contender.

    About BloFin

    BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, Coin-Margined Perpetual Contracts, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website at https://www.blofin.com.

    Contact:

    Annio W.
    annio@blofin.io

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ed503f50-4ab2-41f1-95cc-7e54a90942aa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f1d05780-6070-4dad-b940-987dc2f69334

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6e7cd7e1-174f-4e74-be9c-8b38f4acad05

    The MIL Network

  • MIL-OSI: KIF18A Inhibitor Clinical Trials FDA Approved KIF18A Targeting Therapies Market Report

    Source: GlobeNewswire (MIL-OSI)

    Delhi, June 24, 2025 (GLOBE NEWSWIRE) — Global KIF18A Targeting Therapies Market Trends, Clinical Trials, Technology Platforms & Future Outlook 2025 Report Highlights & Findings:

    • First KIF18A Targeting Therapy Commercial Availability Expected By 2030
    • Highest Phase Of Development: Phase-I/II
    • KIF18A Targeting Therapies In Clinical Trials:  > 10 Therapies
    • KIF18A Targeting Therapies Clinical Trials Insight By Company, Country, Indication & Phase
    • KIF18A Targeting Therapies Market Development Trends Insight
    • KIF18A Therapies Technology Platforms Insight

    Download Report: https://www.kuickresearch.com/report-kif18a-targeting-inhibitor-kif18a-inhibitor-clinical-trials-kif18a-targeting-therapy

    The global oncology landscape is witnessing rapid progress in precision medicine, and one of the most lead nominees in emerging targets is Kinesin Family Member 18A (KIF18A). It is a mitotic motor protein that is essential for chromosome alignment during mitosis, which facilitates proper segregation of chromosomes. Its perturbation leads to genomic instability, which is a distinguishing feature of cancer. Extrapolations of KIF18A have also been seen in various cancers such as ovarian and breast cancer, with an association with prognosis, drug resistance, and the potential to metastasize. As a crucial protein involved in mitosis and overexpression in cancer, KIF18A is now a promising therapeutic target.

    Targeting KIF18A interferes with mitotic mechanisms in chromosomally unstable (CIN-positive) cancer cells, causing selective death of cancer cells. In contrast to conventional chemotherapies, which indiscriminately impact all proliferating cells, KIF18A inhibitors provide a more selective and less toxic option by taking advantage of cancer cells’ vulnerability to proper mitosis. The major approach is small molecule inhibitors that disrupt KIF18A’s motor activity, hindering it from modulating microtubule dynamics at the kinetochore. It leads to mitotic arrest and failure of chromosome alignment, ultimately triggering apoptosis in cancer cells.

    Clinical development is progressing well. Volastra Therapeutics, a forerunner in this arena, is developing two KIF18A-targeting molecules: Sovilnesib (AMG650), acquired from Amgen and underway in Phase I trials for platinum-resistant high-grade serous ovarian cancer, and VLS-1488, an in-house oral inhibitor in Phase I/II. Both molecules displayed favorable safety profiles and early anti-tumor effects, with particular efficacy in high-chromosomal-instability tumors. Volastra’s pipeline demonstrates the therapeutic potential of inhibiting KIF18A to treat difficult-to-treat cancers.

    Accent Therapeutics is also advancing with ATX-295, an oral KIF18A inhibitor in initial clinical testing for solid tumors such as triple-negative breast and high-grade serous ovarian cancers. Their biomarker strategy makes use of genomic instability markers such as whole-genome doubling to better optimize patient selection and optimize therapy outcomes.

    AI based drug discovery is providing additional impetus to this area. Insilico Medicine has utilized proprietary platforms such as Chemistry42 and PandaOmics to discover ISM9682, a new macrocyclic KIF18A inhibitor with high preclinical efficacy. The AI platforms facilitate rapid optimization of candidates with increased specificity and pharmacological profiles, highlighting the growing use of sophisticated computational approaches in drug discovery.

    Aside from clinical advancement, the market opportunity for KIF18A inhibitors is also robust. As precision oncology gains more attention, the therapies are well poised to capture the opportunity of targeted therapies, particularly in diseases that are refractory to current treatments. Various companies, including Nvidia-funded Iambic Therapeutics, Aurigene Oncology, Simcere Zaiming Pharmaceutical, and Amgen, are developing promising product candidates in preclinical phases.

    Overall, the KIF18A-targeted therapy market is changing very quickly, powered by strong scientific justification, initial clinical success, and novel development approaches. As additional preclinical and clinical information becomes available, the market has significant potential for strong growth, powered by partnerships, application of artificial intelligence and machine learning tactics, and the overall dedication to creating targeted and individualized cancer therapeutics.

    The MIL Network

  • MIL-OSI: Walking Comfort Accelerates Ecommerce Growth with Descartes Sellercloud™

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, June 24, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Utah-based Walking Comfort, a leading retailer in the local and online footwear market, is using Descartes Sellercloud™ to help drive ecommerce growth by centralizing and synchronizing the management of product listings, inventory, orders and fulfillment across multiple online sales channels.

    “As the business grew and we expanded to a larger warehouse and more online marketplaces, we realized we needed a more sophisticated inventory and order management system to boost time-savings and operating efficiencies,” said Brad Hendricksen, Accounting and Operations Manager at Walking Comfort. “With Descartes Sellercloud, we have a powerful platform that has facilitated ecommerce growth, saved us hundreds of hours per week by automatically consolidating data across all sales channels, eliminated picking errors so staff no longer pick the wrong size or variation, and cut shipping costs by more than 55%—even enabling us to dropship directly from retail locations if it’s the most convenient and cost-effective option for a customer.”

    Descartes Sellercloud is a cloud-based ecommerce platform that helps small and mid-market retailers, distributors, wholesalers, and manufacturers with omnichannel ecommerce operations centralize the management of their catalog, inventory, orders, purchasing, fulfillment and shipping. With 350+ integrations, including to marketplaces, shopping carts, shipping partners, third party logistics providers, payment gateways and vendors, the solution provides a comprehensive ecommerce ecosystem that companies can easily leverage to expand operations as they grow.

    “We’re pleased our solution is supporting Walking Comfort as they’ve grown their business,” said Mikel Richardson, General Manager, Ecommerce at Descartes. “Using the platform, sellers can reduce operational complexity by simultaneously updating inventory and orders in real-time, avoid underselling and overselling inventory, stay compliant with marketplaces requirements, save shipping costs by automating fulfillment, and grow their business by adding more sales channels and products without losing control of inventory or order visibility.”

    Learn more about Descartes Sellercloud and Descartes’ Ecommerce Shipping and Fulfillment solutions.

    About Walking Comfort

    Walking Comfort sells various footwear products, including running shoes, slippers, sandals, recovery footwear, and accessories like insoles. Founded in 2008, they are based in Centerville, Utah, and have 35 employees and two brick-and-mortar locations. For more information, visit www.walkingcomfort.com.

    About Descartes

    Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

    Global Media Contact
    Cara Strohack
    Tel: 226-750-8050
    cstrohack@descartes.com

    Cautionary Statement Regarding Forward-Looking Statements

    This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ ecommerce solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

    The MIL Network

  • MIL-OSI: Castellum, Inc. Announces Creation of New Subsidiary to Focus on Advanced Technology Products

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., June 24, 2025 (GLOBE NEWSWIRE) — Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services and solutions company focused on the federal government, today announced the creation of a new wholly owned subsidiary, Castellum Advanced Technology Products, Inc. (“CATP”).

    CATP will focus on teaming with other leading-edge technology companies, developing technology internally, and potentially taking equity positions in companies that have advanced technology, which Castellum’s Department of Defense customers could use.

    “Fully and timely leveraging advanced technology is the key to success on the 21st-century battlefield,” said Glen Ives, Chief Executive Officer of Castellum. “While we will continue to provide technology-enabled services to our government clients, today’s announcement represents a meaningful broadening of Castellum’s strategy for supporting the Department of Defense. We believe that having greater control over some of the key products our customers need will enable us to provide better overall solutions for the warfighter. Financially, we believe that we can increase both our revenue and our operating margins by adding more value and solving our customers’ most challenging problems. This important step reinforces our priority, focus, and commitment to constantly strengthen and enhance our organic growth capabilities.”

    About Castellum, Inc. (NYSE-American: CTM):

    Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government – https://castellumus.com/.

    Forward-Looking Statements:

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Words such as “will,” “would,” “believe,” and “expects,” and similar language or phrasing are indicative of forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget, operating under a prolonged continuing resolution, government shutdown, or breach of the debt ceiling, as well as the imposition by the U.S. government of sequestration in the absence of an approved budget; the ability of the U.S. federal government to unilaterally cancel a contract with or without cause, and more specifically, the potential impact of the U.S. DOGE Service Temporary Organization on government spending and terminating contracts for convenience. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s recently filed Form 10-Q, Item 1A. “Risk Factors” in the Company’s most recent Form 10-K, and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties, or not closing the described potential equity financing in this press release, could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

    Contact:

    Glen Ives
    President and Chief Executive Officer
    Phone: (703) 752-6157
    info@castellumus.com
    https://castellumus.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/12cff6dc-d18b-4810-9020-5e7bab268788

    The MIL Network

  • MIL-OSI: RentRedi Survey: Smaller Landlords 60% More Likely to Enforce Renters Insurance

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — A new joint survey from RentRedi, the fastest-growing landlord software that makes renting easy for everyone, and BiggerPockets, the largest online community for real estate investors, reveals that while most landlords understand the difference between renters insurance and landlord insurance, many still don’t require it—and even fewer take steps to verify it. These results, together with a companion survey conducted by RentRedi alone, highlight that many real estate investors are still exploring the best ways to implement and manage renters insurance within their rental process.

    The joint survey with BiggerPockets, conducted from June 11–16, 2025, gathered responses from 812 real estate investors and property owners. When asked how they verify renters insurance coverage, half of respondents reported that they currently do not verify whether their tenants have renters insurance. The rest rely on a mix of manual checks, insurance company confirmations, or property management software, demonstrating that many landlords are still exploring the best ways to integrate renters insurance into their rental process.

    This snapshot complements a broader RentRedi survey conducted from March 30 to April 14, 2025 with 1,623 respondents that analyzes landlord behavior across portfolio sizes. The data shows that more than three-fourths of landlords understand the difference between landlord and renters insurance. However, only about one in five landlords offer renters insurance options directly to tenants, and fewer than half include renters insurance as a requirement in the lease.

    Verification and enforcement also vary widely. Roughly four in ten landlords said they follow up to confirm tenants have active coverage, and among those who include a requirement in the lease, the majority—nearly three out of four—said they enforce it. These numbers reflect a growing interest in formalizing and standardizing renters insurance policies as landlords seek to reduce risk and increase protection for both themselves and their tenants.

    Interestingly, landlords with smaller portfolios (1–4 units) were more likely to require and enforce renters insurance. Nearly six in ten small landlords said they include renters insurance in the lease, and four out of five of those said they enforce that requirement. While larger portfolio landlords (20+ units) were less likely to include or enforce these requirements by 22 and 15 point margins respectively, they may benefit most from automation and integrated software solutions to help manage renters insurance at scale.

    “Renters insurance protects everyone involved. It minimizes financial risk, reduces liability, and gives both landlords and tenants greater peace of mind,” said RentRedi Co-founder and CEO Ryan Barone. “These results show that landlords recognize the value but often lack a streamlined way to implement it, and that’s exactly the problem that RentRedi solves.”

    With RentRedi, landlords can easily offer renters insurance options during the application and onboarding process, require proof of coverage within the lease, and automatically verify compliance. Tenants can purchase renters insurance directly through RentRedi’s app, or upload proof of an existing policy, and landlords are notified instantly. RentRedi also integrates with select providers to enable real-time tracking and add landlords as additional insured when needed. The result is a simpler, smarter way for landlords to protect their investments, while also delivering a better experience for tenants.

    In both surveys, percentages have been rounded to the nearest whole number. The full survey results can be found here. This report is part of RentRedi’s ongoing initiative to surface real-world insights from landlords and property managers through data, direct surveys, and collaborations with trusted communities like BiggerPockets. For more data insight and survey result reports, visit RentRedi’s Rental Market Insights.

    About RentRedi

    RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. Investors can quickly grow their rental businesses by using RentRedi’s all-in-one web and mobile app for rent collection, market listings, tenant screening, lease signing, maintenance coordination, and accounting. Tenants enjoy the convenience and benefits of RentRedi’s easy-to-use mobile app that allows them to pay rent, set up auto-pay, build credit by reporting rent payments to all three major credit bureaus, prequalify and sign leases, and submit 24/7 maintenance requests.

    Founded in 2016, RentRedi is VC-backed and a proven leader in the PropTech market. The company ranks No. 180 on the Inc. 5000 list and No. 13 on the Inc. 5000 Regionals list. It was also named an Inc. Power Partner in 2023 and 2024, and to Fast Company’s Next Big Things in Tech list in 2024, as well as HousingWire’s Tech100 list in 2025. To date, RentRedi has more than $28 billion in assets under management with nearly 200,000 landlords and tenants using its platform. The company partners with technology leaders such as Zillow, TransUnion, Experian, Equifax, Realtor.com, Lessen, Thumbtack, Plaid, and Stripe to create the best customer experience possible. For more information visit RentRedi.com.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3054c495-1990-46b7-b58b-45792a65b570

    https://www.globenewswire.com/NewsRoom/AttachmentNg/148eb0b8-2512-4a3c-82e4-3f6af3bb3394

    The MIL Network

  • MIL-OSI New Zealand: Awards – Federated Farmers emerging and seasoned leaders honoured at 2025 PINZ Awards

    Source: Federated Farmers

    A young Federated Farmers leader building her expertise advocating for the sector, and a man who became a master at it, are among those recognised in the 2025 Primary Industries New Zealand Awards.
    Federated Farmers Bay of Plenty sharefarmer chair Bridie Virbickas was presented with the Emerging Leader Award, and the late Chris Allen was posthumously named Rural Hero, at the seventh annual awards ceremony in Christchurch tonight.
    With an audience of more than 400 keen to celebrate the best and brightest across New Zealand’s primary industries, the awards night is a highlight of the Rabobank-sponsored two-day Primary Industries New Zealand (PINZ) Summit.
    Awards judges said Virbickas is making a strong mark in the dairy sector – managing 850 cows while leading beyond the farm gate.
    As an elected Feds sharefarmer leader, Virbickas supports fellow farmers through advocacy, dispute resolution, and practical workshops.
    She’s also a founding trustee of AgRecovery, helping reduce farm waste nationwide, and leads on-farm restoration projects with schools and councils – demonstrating her commitment to both sustainability and community.
    The Rural Hero Award is always another standout at PINZ, and it was awarded this year to former Federated Farmers national board member Chris Allen, who died in an accident on his Ashburton farm late last year.
    It’s been said that every New Zealand farming family is in his debt for his years of championing rural causes.
    The judges acknowledged Allen’s “collaborative nature, persistence and practicality, which meant as a Federated Farmers leader his advocacy on freshwater, environmental and biodiversity issues was compelling and effective.
    “A top farmer in his own right, he led with humour and knowledge.”
    Meanwhile, Southland farmer and NZ Pork chair Eric Roy was presented with the Outstanding Contribution to Primary Industries Award.
    Roy’s production, leadership, advocacy and political service to primary industries and rural communities in New Zealand and the wider Pacific spans nearly 60 years.
    His work for Young Farmers culminated in his election as world president, and the six-term Member of Parliament has also excelled in roles with Federated Farmers, Pāmu, the Meat & Wool Board and a host of community and charity initiatives.
    “Few can match his contribution – Eric Roy is a truly exceptional New Zealander,” the judging panel said.
    A Foundation for Arable Research (FAR) initiative to help farmers get the most out of their combine harvesters earned FAR the Technology Innovation Award.
    The results of workshops and follow-up one-on-one sessions were spectacular, with improvements in harvest efficiency, productivity, sustainability and profitability.
    Farmers reported increases in yields of between 20% and 50%, with one participant describing the initiatives as “the best use of levies ever”.
    The Team and Collaboration Award went to Fonterra, LIC, Ballance and Ravensdown for their open data sharing ecosystem.
    Built on key principles of recognising the data belongs to farmers, keeping data secure and letting farmers choose who they share it with, the initiative has saved farmers an estimated 250,000 hours of admin time so far.
    Dr Robyn Dyne has won the Primary Industries Champion Award for her research into nitrate leaching and emissions, which has directly informed national mitigation strategies.
    She’s helped build uptake of sustainable land-use change and, as a principal scientist, advisor, and board member, has helped keep farmers, scientists, and policymakers working together.
    Food, Beverage and Fibre Producer Award winners Chia Sisters use New Zealand fruit and ingredients like kawakawa alongside chia seeds in their health food drinks.
    Judges noted their sustainability commitments and innovation through the supply chain, including pioneering pressed juice in returnable kegs, and supporting growers by making use of hail-damaged fruit.
    PacificVet Ltd and co-founder Dr Kent Keitemeyer won the Guardianship and Conservation/Kaitiakitanga Award.
    Judges were impressed that the company donated its specialist services to support the Department of Conservation to vaccinate New Zealand’s critically endangered bird species, such as teal and kakapo.
    Their efforts have been pivotal to the preservation of our native birdlife and will help protect our gene pools for future generations. 

    MIL OSI New Zealand News

  • MIL-OSI: KANZHUN LIMITED Announces Launch of Share Offer

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, June 24, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced the launch of its share offer of 30,000,000 Class A ordinary shares, comprising a Hong Kong public offering of initially 3,000,000 Class A ordinary shares (the “Hong Kong Public Offering”) and an international offering of initially 27,000,000 Class A ordinary shares (the “International Offering”, together with the Hong Kong Public Offering, the “Share Offer”), subject to reallocation and offer size adjustment.

    The initial offer shares available for the Hong Kong Public Offering and the International Offering are subject to reallocation (including clawback). Additionally, the Company has an offer size adjustment option to increase the number of offer shares based on market demand up to an aggregate of 4,500,000 additional Class A ordinary shares, representing 15% of the initial offer shares. The offer size adjustment option may be exercised on or before the Price Determination Date (defined below).

    The offer price for the Hong Kong Public Offering (the “Hong Kong Offer Price”) will be no more than HK$78.00 per Class A ordinary share (the “maximum Hong Kong Offer Price”). The offer price for the International Offering of the Share Offer (the “International Offer Price”) may be set higher than, or the same as, the maximum Hong Kong Offer Price. The Company will set the International Offer Price on or before July 2, 2025, Hong Kong time (the “Price Determination Date”), by taking into consideration, among other factors, the closing price of the ADSs on Nasdaq on the last trading day on or before the Price Determination Date. The final Hong Kong Offer Price will also be set on the Price Determination Date at the lower of the final International Offer Price and the maximum Hong Kong Offer Price.

    The Share Offer is intended to further enhance the Company’s financial flexibility, broaden its shareholder base, improve stock liquidity, and support its healthy and sustainable development. The net proceeds from the Share Offer will be used in investment in technology and related infrastructure, the development of new business initiatives, strategic acquisitions or investment opportunities and for working capital and general corporate purposes.

    Goldman Sachs (Asia) L.L.C. and Morgan Stanley Asia Limited (in alphabetical order) act as the overall coordinators for the Share Offer. Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited (in alphabetical order) and Huatai Financial Holdings (Hong Kong) Limited act as the joint global coordinators for the Share Offer. Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited (in alphabetical order), Huatai Financial Holdings (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited and Tiger Brokers (HK) Global Limited act as joint bookrunners and joint lead managers for the Share Offer.

    The International Offering is being made only by means of a preliminary prospectus supplement and the accompanying prospectus included in an automatic shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2022, which automatically became effective upon filing. The registration statement on Form F-3 and the preliminary prospectus supplement are available at the SEC website at: http://www.sec.gov.

    The Share Offer is subject to market and other conditions, and there can be no assurance as to whether or when the Share Offer may be completed, or as to the actual size or terms of the Share Offer. This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of the Company, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a prospectus (including as defined under the laws of Hong Kong) and potential investors should read the prospectus of the Company for detailed information about the Company and the proposed Share Offer, before deciding whether or not to invest in the Company. This press release has not been reviewed or approved by the SEC, the Hong Kong Stock Exchange or the Securities and Futures Commission of Hong Kong.

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    About KANZHUN LIMITED

    KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

    For more information, please visit https://ir.zhipin.com.

    For investor and media inquiries, please contact:

    KANZHUN LIMITED
    Investor Relations
    Email: ir@kanzhun.com

    In China:

    PIACENTE FINANCIAL COMMUNICATIONS
    Helen Wu
    Tel: +86-10-6508-0677
    Email: kanzhun@tpg-ir.com

    In the United States:

    PIACENTE FINANCIAL COMMUNICATIONS
    Brandi Piacente
    Phone: +1-212-481-2050
    Email: kanzhun@tpg-ir.com

    The MIL Network

  • MIL-Evening Report: Will the fragile ceasefire between Iran and Israel hold? One factor could be crucial to it sticking

    Source: The Conversation (Au and NZ) – By Ali Mamouri, Research Fellow, Middle East Studies, Deakin University

    Amir Levy/Getty Images

    After 12 days of war, US President Donald Trump has announced a ceasefire between Israel and Iran that would bring to an end the most dramatic, direct conflict between the two nations in decades.

    Israel and Iran both agreed to adhere to the ceasefire, though they said they would respond with force to any breach.

    If the ceasefire holds – a big if – the key question will be whether this signals the start of lasting peace, or merely a brief pause before renewed conflict.

    As contemporary war studies show, peace tends to endure under one of two conditions: either the total defeat of one side, or the establishment of mutual deterrence. This means both parties refrain from aggression because the expected costs of retaliation far outweigh any potential gains.

    What did each side gain?

    The war marked a turning point for Israel in its decades-long confrontation with Iran. For the first time, Israel successfully brought a prolonged battle to Iranian soil, shifting the conflict from confrontations with Iranian-backed proxy militant groups to direct strikes on Iran itself.

    This was made possible largely due to Israel’s success over the past two years in weakening Iran’s regional proxy network, particularly Hezbollah in Lebanon and Shiite militias in Syria.

    Over the past two weeks, Israel has inflicted significant damage on Iran’s military and scientific elite, killing several high-ranking commanders and nuclear scientists. The civilian toll was also high.

    Additionally, Israel achieved a major strategic objective by pulling the United States directly into the conflict. In coordination with Israel, the US launched strikes on three of Iran’s primary nuclear facilities: Fordow, Natanz and Isfahan.

    Despite these gains, Israel did not accomplish all of its stated goals. Prime Minister Benjamin Netanyahu had voiced support for regime change, urging Iranians to rise up against Supreme Leader Ali Khamenei’s government, but the senior leadership in Iran remains intact.

    Additionally, Israel did not fully eliminate Iran’s missile program, as Iran continued striking to the last minute before the ceasefire. And Tehran did not acquiesce to Trump’s pre-war demand to end uranium enrichment.

    Although Iran was caught off-guard by Israel’s attacks — particularly as it was engaged in nuclear negotiations with the US — it responded by launching hundreds of missiles towards Israel.

    While many were intercepted, a significant number penetrated Israeli air defences, causing widespread destruction in major cities, dozens of fatalities and hundreds of injuries.

    Iran demonstrated its capacity to strike back, though Israel succeeded in destroying many of its air defence systems, some ballistic missile assets (including missile launchers) and multiple energy facilities.

    Since the beginning of the assault, Iranian officials have repeatedly called for a halt to resume negotiations. Under intense pressure, Iran realised it would not benefit from a prolonged war of attrition with Israel — especially as both nations faced mounting costs and the risk of depleting their military stockpiles if the war continued.

    As theories of victory suggest, success in war is defined not only by the damage inflicted, but by achieving core strategic goals and weakening the enemy’s will and capacity to resist.

    While Israel claims to have achieved the bulk of its objectives, the extent of the damage to Iran’s nuclear program is not fully known, nor is its capacity to continue enriching uranium.

    Both sides could remain locked in a volatile standoff over Iran’s nuclear program, with the conflict potentially reigniting whenever either side perceives a strategic opportunity.

    Sticking point over Iran’s nuclear program

    Iran faces even greater challenges as it emerges from the war. With a heavy toll on its leadership and nuclear infrastructure, Tehran will likely prioritise rebuilding its deterrence capability.

    That includes acquiring new advanced air defence systems — potentially from China — and restoring key components of its missile and nuclear programs. (Some experts say Iran did not use some of its most powerful missiles to maintain this deterrence.)

    Iranian officials have claimed they safeguarded more than 400 kilograms of 60% enriched uranium before the attacks. This stockpile could theoretically be converted into nine to ten nuclear warheads if further enriched to 90%.

    Trump declared Iran’s nuclear capacity had been “totally obliterated”, whereas Rafael Grossi, the United Nations’ nuclear watchdog chief, said damage to Iran’s facilities was “very significant”.

    However, analysts have argued Iran will still have a depth of technical knowledge accumulated over decades. Depending on the extent of the damage to its underground facilities, Iran could be capable of restoring and even accelerating its program in a relatively short time frame.

    And the chances of reviving negotiations on Iran’s nuclear program appear slimmer than ever.

    What might future deterrence look like?

    The war has fundamentally reshaped how both Iran and Israel perceive deterrence — and how they plan to secure it going forward.

    For Iran, the conflict reinforced the belief that its survival is at stake. With regime change openly discussed during the war, Iran’s leaders appear more convinced than ever that true deterrence requires two key pillars: nuclear weapons capability, and deeper strategic alignment with China and Russia.

    As a result, Iran is expected to move rapidly to restore and advance its nuclear program, potentially moving towards actual weaponisation — a step it had long avoided, officially.

    At the same time, Tehran is likely to accelerate military and economic cooperation with Beijing and Moscow to hedge against isolation. Iranian Foreign Minister Abbas Araghchi emphasised this close engagement with Russia during a visit to Moscow this week, particularly on nuclear matters.

    Israel, meanwhile, sees deterrence as requiring constant vigilance and a credible threat of overwhelming retaliation. In the absence of diplomatic breakthroughs, Israel may adopt a policy of immediate preemptive strikes on Iranian facilities or leadership figures if it detects any new escalation — particularly related to Iran’s nuclear program.

    In this context, the current ceasefire appears fragile. Without comprehensive negotiations that address the core issues — namely, Iran’s nuclear capabilities — the pause in hostilities may prove temporary.

    Mutual deterrence may prevent a more protracted war for now, but the balance remains precarious and could collapse with little warning.

    Ali Mamouri 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. Will the fragile ceasefire between Iran and Israel hold? One factor could be crucial to it sticking – https://theconversation.com/will-the-fragile-ceasefire-between-iran-and-israel-hold-one-factor-could-be-crucial-to-it-sticking-259669

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Will the fragile ceasefire between Iran and Israel hold? One factor could be crucial to it sticking

    Source: The Conversation (Au and NZ) – By Ali Mamouri, Research Fellow, Middle East Studies, Deakin University

    Amir Levy/Getty Images

    After 12 days of war, US President Donald Trump has announced a ceasefire between Israel and Iran that would bring to an end the most dramatic, direct conflict between the two nations in decades.

    Israel and Iran both agreed to adhere to the ceasefire, though they said they would respond with force to any breach.

    If the ceasefire holds – a big if – the key question will be whether this signals the start of lasting peace, or merely a brief pause before renewed conflict.

    As contemporary war studies show, peace tends to endure under one of two conditions: either the total defeat of one side, or the establishment of mutual deterrence. This means both parties refrain from aggression because the expected costs of retaliation far outweigh any potential gains.

    What did each side gain?

    The war marked a turning point for Israel in its decades-long confrontation with Iran. For the first time, Israel successfully brought a prolonged battle to Iranian soil, shifting the conflict from confrontations with Iranian-backed proxy militant groups to direct strikes on Iran itself.

    This was made possible largely due to Israel’s success over the past two years in weakening Iran’s regional proxy network, particularly Hezbollah in Lebanon and Shiite militias in Syria.

    Over the past two weeks, Israel has inflicted significant damage on Iran’s military and scientific elite, killing several high-ranking commanders and nuclear scientists. The civilian toll was also high.

    Additionally, Israel achieved a major strategic objective by pulling the United States directly into the conflict. In coordination with Israel, the US launched strikes on three of Iran’s primary nuclear facilities: Fordow, Natanz and Isfahan.

    Despite these gains, Israel did not accomplish all of its stated goals. Prime Minister Benjamin Netanyahu had voiced support for regime change, urging Iranians to rise up against Supreme Leader Ali Khamenei’s government, but the senior leadership in Iran remains intact.

    Additionally, Israel did not fully eliminate Iran’s missile program, as Iran continued striking to the last minute before the ceasefire. And Tehran did not acquiesce to Trump’s pre-war demand to end uranium enrichment.

    Although Iran was caught off-guard by Israel’s attacks — particularly as it was engaged in nuclear negotiations with the US — it responded by launching hundreds of missiles towards Israel.

    While many were intercepted, a significant number penetrated Israeli air defences, causing widespread destruction in major cities, dozens of fatalities and hundreds of injuries.

    Iran demonstrated its capacity to strike back, though Israel succeeded in destroying many of its air defence systems, some ballistic missile assets (including missile launchers) and multiple energy facilities.

    Since the beginning of the assault, Iranian officials have repeatedly called for a halt to resume negotiations. Under intense pressure, Iran realised it would not benefit from a prolonged war of attrition with Israel — especially as both nations faced mounting costs and the risk of depleting their military stockpiles if the war continued.

    As theories of victory suggest, success in war is defined not only by the damage inflicted, but by achieving core strategic goals and weakening the enemy’s will and capacity to resist.

    While Israel claims to have achieved the bulk of its objectives, the extent of the damage to Iran’s nuclear program is not fully known, nor is its capacity to continue enriching uranium.

    Both sides could remain locked in a volatile standoff over Iran’s nuclear program, with the conflict potentially reigniting whenever either side perceives a strategic opportunity.

    Sticking point over Iran’s nuclear program

    Iran faces even greater challenges as it emerges from the war. With a heavy toll on its leadership and nuclear infrastructure, Tehran will likely prioritise rebuilding its deterrence capability.

    That includes acquiring new advanced air defence systems — potentially from China — and restoring key components of its missile and nuclear programs. (Some experts say Iran did not use some of its most powerful missiles to maintain this deterrence.)

    Iranian officials have claimed they safeguarded more than 400 kilograms of 60% enriched uranium before the attacks. This stockpile could theoretically be converted into nine to ten nuclear warheads if further enriched to 90%.

    Trump declared Iran’s nuclear capacity had been “totally obliterated”, whereas Rafael Grossi, the United Nations’ nuclear watchdog chief, said damage to Iran’s facilities was “very significant”.

    However, analysts have argued Iran will still have a depth of technical knowledge accumulated over decades. Depending on the extent of the damage to its underground facilities, Iran could be capable of restoring and even accelerating its program in a relatively short time frame.

    And the chances of reviving negotiations on Iran’s nuclear program appear slimmer than ever.

    What might future deterrence look like?

    The war has fundamentally reshaped how both Iran and Israel perceive deterrence — and how they plan to secure it going forward.

    For Iran, the conflict reinforced the belief that its survival is at stake. With regime change openly discussed during the war, Iran’s leaders appear more convinced than ever that true deterrence requires two key pillars: nuclear weapons capability, and deeper strategic alignment with China and Russia.

    As a result, Iran is expected to move rapidly to restore and advance its nuclear program, potentially moving towards actual weaponisation — a step it had long avoided, officially.

    At the same time, Tehran is likely to accelerate military and economic cooperation with Beijing and Moscow to hedge against isolation. Iranian Foreign Minister Abbas Araghchi emphasised this close engagement with Russia during a visit to Moscow this week, particularly on nuclear matters.

    Israel, meanwhile, sees deterrence as requiring constant vigilance and a credible threat of overwhelming retaliation. In the absence of diplomatic breakthroughs, Israel may adopt a policy of immediate preemptive strikes on Iranian facilities or leadership figures if it detects any new escalation — particularly related to Iran’s nuclear program.

    In this context, the current ceasefire appears fragile. Without comprehensive negotiations that address the core issues — namely, Iran’s nuclear capabilities — the pause in hostilities may prove temporary.

    Mutual deterrence may prevent a more protracted war for now, but the balance remains precarious and could collapse with little warning.

    Ali Mamouri 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. Will the fragile ceasefire between Iran and Israel hold? One factor could be crucial to it sticking – https://theconversation.com/will-the-fragile-ceasefire-between-iran-and-israel-hold-one-factor-could-be-crucial-to-it-sticking-259669

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Global: NHS to offer at-home cervical cancer screening – an expert explains what you need to know

    Source: The Conversation – UK – By Dipa Kamdar, Senior Lecturer in Pharmacy Practice, Kingston University

    Iryna Inshyna/Shutterstock

    Nearly one in three women and other people with a cervix in the UK don’t attend their cervical screening when invited. Yet this quick, routine test helps prevent up to 70% of cervical cancer deaths by detecting problems early — and if everyone took part, that figure could rise to over 80%.

    Since December 2019, England has adopted a more accurate screening method that tests first for high-risk human papillomavirus (HPV), the virus responsible for nearly all cervical cancers, rather than looking immediately for abnormal cervical cells. Recommended by the UK National Screening Committee, this approach allows for longer intervals between tests for those who receive a negative HPV result, typically every five years instead of every three.

    From July 1 2025, this updated screening schedule will apply to women aged 25 to 49 who test negative for high-risk HPV. Research shows that those who test negative are at very low risk of developing cervical cancer in the following decade.

    Since the announcement, some women have raised concerns online, often shaped by personal experience. One woman posted on Facebook:

    “I had a positive smear when I was younger. It had been negative three years earlier… Imagine if I’d had to wait two more years before finding out I was positive.”

    Others have echoed these fears, calling not only for shorter screening intervals but for earlier testing ages. With around 3,200 people diagnosed with cervical cancer in the UK each year, some wonder whether the change is rooted in science — or in cost-cutting.

    What is cervical screening?

    Cervical screening, previously called a smear test, is a simple, routine way to help prevent cervical cancer. It’s offered to women, some trans men and non-binary people with a cervix. The test checks the cervix (the opening to the womb) for early signs of change that could lead to cancer if left untreated.

    It’s not a test for cancer itself. Instead, it looks for HPV, a common virus that can cause abnormal cell changes. If high-risk HPV is found, the sample is then checked for abnormal cells, which can be treated before they develop into cancer. If no HPV is detected, the risk is extremely low.

    Why is the screening interval changing?

    Under the new system, those who test negative for high-risk HPV will be screened every five years, rather than every three. This brings younger people in line with those aged 50 to 64, who already follow a five-year schedule.

    Anyone who tests positive for HPV will continue to receive annual follow-ups.

    This shift is supported by strong scientific evidence. HPV screening is more accurate than the previous method, which only looked for abnormal cells. Studies show that people who test negative for high-risk HPV are at very low risk of cervical cancer for many years — making five-year intervals safe and effective.

    The HPV vaccine

    The introduction of the HPV vaccine in the UK has significantly reduced HPV infections, the leading cause of cervical cancer. Research shows the vaccine can prevent up to 90% of cases, and the latest version, introduced in 2021, provides even broader protection.

    Combined with screening, the vaccine has contributed to a 25% drop in cervical cancer rates since the early 1990s.

    Self-sampling kits

    Despite these advances, many people still miss their screening appointments due to embarrassment, discomfort, time constraints or cultural concerns. Starting in January 2026, NHS England will offer at-home cervical screening kits to women and others with a cervix who rarely or never attend routine screening.

    With more than five million women not currently up to date, the scheme aims to boost participation — especially among underscreened groups, including younger people, ethnic minorities, disabled people and LGBT+ people. Trials suggest self-sampling could raise uptake to 77% within three years, nearing the NHS target of 80%.

    The kits, sent in discreet packaging with pre-paid return postage, allow people aged 25 to 64 to take a simple vaginal swab at home. The sample is tested for HPV, and if high-risk strains are found, the patient is invited for further tests.

    Is the new schedule safe?

    For most people, yes. The longer interval means fewer appointments for those at low risk, without compromising early detection for those who need it. The test itself usually causes only mild discomfort or pressure, and light spotting can occur afterwards. If you’re concerned, your doctor or nurse can help.

    While some worry that five years is too long to wait, it’s important to remember that HPV testing is highly accurate – and annual follow-ups remain in place for those who need closer monitoring.

    Even if you’re not due for screening, it’s vital to know the signs of cervical cancer, including:

    • Unusual vaginal bleeding (after sex, between periods or after menopause)

    • Changes in vaginal discharge

    • Pain during sex

    • Pain in the lower back or pelvis

    If you experience any of these symptoms, don’t wait for your next screening – contact your GP straight away.

    Cervical screening saves lives. The shift to five-year intervals is backed by science and designed to keep people safe while reducing unnecessary appointments. If you’re invited, go – even if you feel fine. And if something doesn’t feel right, speak up.

    The aim is simple: catch problems early, prevent cancer, and protect lives.

    Dipa Kamdar 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. NHS to offer at-home cervical cancer screening – an expert explains what you need to know – https://theconversation.com/nhs-to-offer-at-home-cervical-cancer-screening-an-expert-explains-what-you-need-to-know-259299

    MIL OSI – Global Reports

  • MIL-OSI Global: NHS to offer at-home cervical cancer screening – an expert explains what you need to know

    Source: The Conversation – UK – By Dipa Kamdar, Senior Lecturer in Pharmacy Practice, Kingston University

    Iryna Inshyna/Shutterstock

    Nearly one in three women and other people with a cervix in the UK don’t attend their cervical screening when invited. Yet this quick, routine test helps prevent up to 70% of cervical cancer deaths by detecting problems early — and if everyone took part, that figure could rise to over 80%.

    Since December 2019, England has adopted a more accurate screening method that tests first for high-risk human papillomavirus (HPV), the virus responsible for nearly all cervical cancers, rather than looking immediately for abnormal cervical cells. Recommended by the UK National Screening Committee, this approach allows for longer intervals between tests for those who receive a negative HPV result, typically every five years instead of every three.

    From July 1 2025, this updated screening schedule will apply to women aged 25 to 49 who test negative for high-risk HPV. Research shows that those who test negative are at very low risk of developing cervical cancer in the following decade.

    Since the announcement, some women have raised concerns online, often shaped by personal experience. One woman posted on Facebook:

    “I had a positive smear when I was younger. It had been negative three years earlier… Imagine if I’d had to wait two more years before finding out I was positive.”

    Others have echoed these fears, calling not only for shorter screening intervals but for earlier testing ages. With around 3,200 people diagnosed with cervical cancer in the UK each year, some wonder whether the change is rooted in science — or in cost-cutting.

    What is cervical screening?

    Cervical screening, previously called a smear test, is a simple, routine way to help prevent cervical cancer. It’s offered to women, some trans men and non-binary people with a cervix. The test checks the cervix (the opening to the womb) for early signs of change that could lead to cancer if left untreated.

    It’s not a test for cancer itself. Instead, it looks for HPV, a common virus that can cause abnormal cell changes. If high-risk HPV is found, the sample is then checked for abnormal cells, which can be treated before they develop into cancer. If no HPV is detected, the risk is extremely low.

    Why is the screening interval changing?

    Under the new system, those who test negative for high-risk HPV will be screened every five years, rather than every three. This brings younger people in line with those aged 50 to 64, who already follow a five-year schedule.

    Anyone who tests positive for HPV will continue to receive annual follow-ups.

    This shift is supported by strong scientific evidence. HPV screening is more accurate than the previous method, which only looked for abnormal cells. Studies show that people who test negative for high-risk HPV are at very low risk of cervical cancer for many years — making five-year intervals safe and effective.

    The HPV vaccine

    The introduction of the HPV vaccine in the UK has significantly reduced HPV infections, the leading cause of cervical cancer. Research shows the vaccine can prevent up to 90% of cases, and the latest version, introduced in 2021, provides even broader protection.

    Combined with screening, the vaccine has contributed to a 25% drop in cervical cancer rates since the early 1990s.

    Self-sampling kits

    Despite these advances, many people still miss their screening appointments due to embarrassment, discomfort, time constraints or cultural concerns. Starting in January 2026, NHS England will offer at-home cervical screening kits to women and others with a cervix who rarely or never attend routine screening.

    With more than five million women not currently up to date, the scheme aims to boost participation — especially among underscreened groups, including younger people, ethnic minorities, disabled people and LGBT+ people. Trials suggest self-sampling could raise uptake to 77% within three years, nearing the NHS target of 80%.

    The kits, sent in discreet packaging with pre-paid return postage, allow people aged 25 to 64 to take a simple vaginal swab at home. The sample is tested for HPV, and if high-risk strains are found, the patient is invited for further tests.

    Is the new schedule safe?

    For most people, yes. The longer interval means fewer appointments for those at low risk, without compromising early detection for those who need it. The test itself usually causes only mild discomfort or pressure, and light spotting can occur afterwards. If you’re concerned, your doctor or nurse can help.

    While some worry that five years is too long to wait, it’s important to remember that HPV testing is highly accurate – and annual follow-ups remain in place for those who need closer monitoring.

    Even if you’re not due for screening, it’s vital to know the signs of cervical cancer, including:

    • Unusual vaginal bleeding (after sex, between periods or after menopause)

    • Changes in vaginal discharge

    • Pain during sex

    • Pain in the lower back or pelvis

    If you experience any of these symptoms, don’t wait for your next screening – contact your GP straight away.

    Cervical screening saves lives. The shift to five-year intervals is backed by science and designed to keep people safe while reducing unnecessary appointments. If you’re invited, go – even if you feel fine. And if something doesn’t feel right, speak up.

    The aim is simple: catch problems early, prevent cancer, and protect lives.

    Dipa Kamdar 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. NHS to offer at-home cervical cancer screening – an expert explains what you need to know – https://theconversation.com/nhs-to-offer-at-home-cervical-cancer-screening-an-expert-explains-what-you-need-to-know-259299

    MIL OSI – Global Reports

  • MIL-OSI Global: Mozambique after 50 years of independence: what’s there to celebrate?

    Source: The Conversation – Africa – By Luca Bussotti, Professor at the PhD Course in Peace, Democracy, Social Movements and Human Development, Universidade Técnica de Moçambique (UDM)

    Mozambique’s government, led by the Frelimo party, has long been planning celebrations for 2025. It is 50 years since independence, won after an anti-colonial war against Portugal led by the same party.

    Something has gone wrong, however, especially in the past two years.

    Since the country’s popular rapper Azagaia died in March 2023 and peaceful processions in his memory escalated into violent clashes with the police, space has opened up for the establishment of a social movement of young people. This has since turned into a political movement, taking on the name “Povo no Poder” (“People in Power”). At its head is a brilliant politician, Venâncio Mondlane.

    Povo no Poder was also the name of Azagaia’s hit song, which had been the soundtrack to 2008 protests against rising energy costs.

    Azagaia’s POVO NO PODER.

    The demonstrations in March 2023 marked a turning point for Mozambique. It was as if all the energy and indignation about a highly corrupt and increasingly authoritarian country that Azagaia had expressed through his songs had been passed on to previously fearful young people. Now they dared to challenge the police and army in the open and without any weapons.

    In late 2024 Mozambicans took to the streets to protest against elections they claimed were rigged. Over 300 people were killed in demonstrations.

    Efforts have been made to redress this serious wound. In preparation for the 50 years of independence Frelimo has been recalling key places and symbols in the liberation war, harking back to a time when they represented justice.

    But attempts to evoke past glory and ideals are not resonating with ordinary Mozambicans. The mood in the country is subdued.

    As a specialist in the politics of lusophone Africa, in particular Mozambique, based on years of research, I find it difficult to envision a future of peace and prosperity for the next 50 years. There are divisive elements at play across the country. The post-election crisis has its roots in widespread discontent. Mozambicans are also rising against the cost of living crisis.

    Attempts to rekindle the flame

    The newly elected president, Daniel Chapo, opened the 50th anniversary celebrations on 7 April in Nangade, in Cabo Delgado province. This is one of the places where the armed struggle against the Portuguese began.

    National symbolism has focused on the torch of national unity, travelling the length and breadth of Mozambique to arrive in Maputo at the historic Machava Stadium on 25 June, Independence Day, for a concluding public ceremony.

    Not everyone has shared this attempt to patch up a country torn both politically and socio-economically.

    Too much has been lost in the intervening decades.

    In the initial period of independence Frelimo adopted socialist policies and attempted to promote free and universal social services, primarily healthcare and education. Back then, the ruling class, starting with the country’s first president, Samora Machel, didn’t enjoy any particular economic privileges.

    The reality today is quite different.

    Journalist and social activist Tomás Vieira Mário, one of the main critics of the current regime, has traced the stages of independent Mozambique’s history. He’s pointed out the contradiction between the initial thrust by many Mozambican common people towards the liberation movement and subsequent, authoritarian developments.

    He concluded in an article that all that remained to unite Mozambicans was the

    mere sharing of the same territorial space. And a lot of blood.

    He was referring to the long war against Renamo from 1976 to 1992 and again from 2013 to 2019, ethnic questions that have never been resolved, and finally the armed attacks in Cabo Delgado of jihadist and ethnic nature.

    For his part, renowned philosopher Severino Ngoenha has also underscored the importance of a justice system that is fair and inclusive, and not at the service of one political party.

    The new opposition is coming not from Renamo or Frelimo but from the streets. Popular protests have taken place this year even in areas once considered Frelimo strongholds. In Gaza province, southern Mozambique, for example, there have been outbreaks of violence, demonstrating that the bipolar system that emerged from the 1992 peace accord now seems incapable of responding to the new demands of Mozambican society.

    On the political level, efforts are being made to overcome the post-electoral crisis and its wounds through the establishment of an Inclusive Dialogue Commission. This is being chaired by jurist Edson Macuacua, who is a vice-minister in the Frelimo government.

    The commission is made up of representatives from all major parties as well as three members of civil society. The eventual aim is radical reform of the state.

    But there are serious doubts about the success of this ambitious project which I believe are legitimate. The big question, beyond any institutional and electoral reforms, is whether the Frelimo party-state will be able to change its political culture in the next elections, accepting any negative results and, therefore, the loss of power.

    Efforts are being made on all fronts to obstruct Mondlane from gaining a political foothold. Mondlane wants to start a new party called the Anamalala (meaning “It will end”, or “Stop!”).

    The name has been rejected by the Ministry of Justice because a Mozambican party cannot be named using a local language – in this case Emakhuwa.

    On the judicial level, several trials are underway against Mondlane and his closest associates, which could result in convictions for inciting protesters to destroy public infrastructure during the post-election demonstrations. If convicted, he would be declared ineligible to run in elections scheduled for 2029.

    Inequality and disparities

    Mozambique is among the six most unequal countries in the world and one of the poorest. According to World Bank data, 500,000 young people enter the labour market each year, with an average absorption capacity of about 25,000 in the formal sector, and 36% of young people unemployed in Maputo.

    Meanwhile, the number of very rich is growing. Mozambique ranks 16th among African countries in terms of the number of millionaires, with 18% growth over the past 10 years.

    This inequality puts national unity at risk.

    The economic disparities between the capital, Maputo, and the rest of the country are increasingly evident.

    Entire ethnic groups and territories are marginalised. Socio-economic and cultural divisions have been replicated in the case of discoveries of large natural resources in the north of the country. Large investments have been made in gas (Total and ENI-Exxon) and rubies in Cabo Delgado.

    A new threat has arisen too: extremism. Islamist-motivated attacks have been occurring in Cabo Delgado since 2017. There was an attack recently on a military base in Macomia.

    Efforts to encourage unity are coming from many quarters: from the promotion of inclusive dialogue; from a civic consciousness that has grown since 2023-2024; and from the country’s economic potential.

    But social inequality remains. So do doubts about Frelimo’s willingness to make Mozambique a country where the winner governs without manipulating election results.

    Luca Bussotti 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. Mozambique after 50 years of independence: what’s there to celebrate? – https://theconversation.com/mozambique-after-50-years-of-independence-whats-there-to-celebrate-259528

    MIL OSI – Global Reports

  • MIL-OSI Global: Mozambique after 50 years of independence: what’s there to celebrate?

    Source: The Conversation – Africa – By Luca Bussotti, Professor at the PhD Course in Peace, Democracy, Social Movements and Human Development, Universidade Técnica de Moçambique (UDM)

    Mozambique’s government, led by the Frelimo party, has long been planning celebrations for 2025. It is 50 years since independence, won after an anti-colonial war against Portugal led by the same party.

    Something has gone wrong, however, especially in the past two years.

    Since the country’s popular rapper Azagaia died in March 2023 and peaceful processions in his memory escalated into violent clashes with the police, space has opened up for the establishment of a social movement of young people. This has since turned into a political movement, taking on the name “Povo no Poder” (“People in Power”). At its head is a brilliant politician, Venâncio Mondlane.

    Povo no Poder was also the name of Azagaia’s hit song, which had been the soundtrack to 2008 protests against rising energy costs.

    Azagaia’s POVO NO PODER.

    The demonstrations in March 2023 marked a turning point for Mozambique. It was as if all the energy and indignation about a highly corrupt and increasingly authoritarian country that Azagaia had expressed through his songs had been passed on to previously fearful young people. Now they dared to challenge the police and army in the open and without any weapons.

    In late 2024 Mozambicans took to the streets to protest against elections they claimed were rigged. Over 300 people were killed in demonstrations.

    Efforts have been made to redress this serious wound. In preparation for the 50 years of independence Frelimo has been recalling key places and symbols in the liberation war, harking back to a time when they represented justice.

    But attempts to evoke past glory and ideals are not resonating with ordinary Mozambicans. The mood in the country is subdued.

    As a specialist in the politics of lusophone Africa, in particular Mozambique, based on years of research, I find it difficult to envision a future of peace and prosperity for the next 50 years. There are divisive elements at play across the country. The post-election crisis has its roots in widespread discontent. Mozambicans are also rising against the cost of living crisis.

    Attempts to rekindle the flame

    The newly elected president, Daniel Chapo, opened the 50th anniversary celebrations on 7 April in Nangade, in Cabo Delgado province. This is one of the places where the armed struggle against the Portuguese began.

    National symbolism has focused on the torch of national unity, travelling the length and breadth of Mozambique to arrive in Maputo at the historic Machava Stadium on 25 June, Independence Day, for a concluding public ceremony.

    Not everyone has shared this attempt to patch up a country torn both politically and socio-economically.

    Too much has been lost in the intervening decades.

    In the initial period of independence Frelimo adopted socialist policies and attempted to promote free and universal social services, primarily healthcare and education. Back then, the ruling class, starting with the country’s first president, Samora Machel, didn’t enjoy any particular economic privileges.

    The reality today is quite different.

    Journalist and social activist Tomás Vieira Mário, one of the main critics of the current regime, has traced the stages of independent Mozambique’s history. He’s pointed out the contradiction between the initial thrust by many Mozambican common people towards the liberation movement and subsequent, authoritarian developments.

    He concluded in an article that all that remained to unite Mozambicans was the

    mere sharing of the same territorial space. And a lot of blood.

    He was referring to the long war against Renamo from 1976 to 1992 and again from 2013 to 2019, ethnic questions that have never been resolved, and finally the armed attacks in Cabo Delgado of jihadist and ethnic nature.

    For his part, renowned philosopher Severino Ngoenha has also underscored the importance of a justice system that is fair and inclusive, and not at the service of one political party.

    The new opposition is coming not from Renamo or Frelimo but from the streets. Popular protests have taken place this year even in areas once considered Frelimo strongholds. In Gaza province, southern Mozambique, for example, there have been outbreaks of violence, demonstrating that the bipolar system that emerged from the 1992 peace accord now seems incapable of responding to the new demands of Mozambican society.

    On the political level, efforts are being made to overcome the post-electoral crisis and its wounds through the establishment of an Inclusive Dialogue Commission. This is being chaired by jurist Edson Macuacua, who is a vice-minister in the Frelimo government.

    The commission is made up of representatives from all major parties as well as three members of civil society. The eventual aim is radical reform of the state.

    But there are serious doubts about the success of this ambitious project which I believe are legitimate. The big question, beyond any institutional and electoral reforms, is whether the Frelimo party-state will be able to change its political culture in the next elections, accepting any negative results and, therefore, the loss of power.

    Efforts are being made on all fronts to obstruct Mondlane from gaining a political foothold. Mondlane wants to start a new party called the Anamalala (meaning “It will end”, or “Stop!”).

    The name has been rejected by the Ministry of Justice because a Mozambican party cannot be named using a local language – in this case Emakhuwa.

    On the judicial level, several trials are underway against Mondlane and his closest associates, which could result in convictions for inciting protesters to destroy public infrastructure during the post-election demonstrations. If convicted, he would be declared ineligible to run in elections scheduled for 2029.

    Inequality and disparities

    Mozambique is among the six most unequal countries in the world and one of the poorest. According to World Bank data, 500,000 young people enter the labour market each year, with an average absorption capacity of about 25,000 in the formal sector, and 36% of young people unemployed in Maputo.

    Meanwhile, the number of very rich is growing. Mozambique ranks 16th among African countries in terms of the number of millionaires, with 18% growth over the past 10 years.

    This inequality puts national unity at risk.

    The economic disparities between the capital, Maputo, and the rest of the country are increasingly evident.

    Entire ethnic groups and territories are marginalised. Socio-economic and cultural divisions have been replicated in the case of discoveries of large natural resources in the north of the country. Large investments have been made in gas (Total and ENI-Exxon) and rubies in Cabo Delgado.

    A new threat has arisen too: extremism. Islamist-motivated attacks have been occurring in Cabo Delgado since 2017. There was an attack recently on a military base in Macomia.

    Efforts to encourage unity are coming from many quarters: from the promotion of inclusive dialogue; from a civic consciousness that has grown since 2023-2024; and from the country’s economic potential.

    But social inequality remains. So do doubts about Frelimo’s willingness to make Mozambique a country where the winner governs without manipulating election results.

    Luca Bussotti 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. Mozambique after 50 years of independence: what’s there to celebrate? – https://theconversation.com/mozambique-after-50-years-of-independence-whats-there-to-celebrate-259528

    MIL OSI – Global Reports

  • MIL-OSI Africa: Mozambique after 50 years of independence: what’s there to celebrate?

    Source: The Conversation – Africa – By Luca Bussotti, Professor at the PhD Course in Peace, Democracy, Social Movements and Human Development, Universidade Técnica de Moçambique (UDM)

    Mozambique’s government, led by the Frelimo party, has long been planning celebrations for 2025. It is 50 years since independence, won after an anti-colonial war against Portugal led by the same party.

    Something has gone wrong, however, especially in the past two years.

    Since the country’s popular rapper Azagaia died in March 2023 and peaceful processions in his memory escalated into violent clashes with the police, space has opened up for the establishment of a social movement of young people. This has since turned into a political movement, taking on the name “Povo no Poder” (“People in Power”). At its head is a brilliant politician, Venâncio Mondlane.

    Povo no Poder was also the name of Azagaia’s hit song, which had been the soundtrack to 2008 protests against rising energy costs.

    Azagaia’s POVO NO PODER.

    The demonstrations in March 2023 marked a turning point for Mozambique. It was as if all the energy and indignation about a highly corrupt and increasingly authoritarian country that Azagaia had expressed through his songs had been passed on to previously fearful young people. Now they dared to challenge the police and army in the open and without any weapons.

    In late 2024 Mozambicans took to the streets to protest against elections they claimed were rigged. Over 300 people were killed in demonstrations.

    Efforts have been made to redress this serious wound. In preparation for the 50 years of independence Frelimo has been recalling key places and symbols in the liberation war, harking back to a time when they represented justice.

    But attempts to evoke past glory and ideals are not resonating with ordinary Mozambicans. The mood in the country is subdued.

    As a specialist in the politics of lusophone Africa, in particular Mozambique, based on years of research, I find it difficult to envision a future of peace and prosperity for the next 50 years. There are divisive elements at play across the country. The post-election crisis has its roots in widespread discontent. Mozambicans are also rising against the cost of living crisis.

    Attempts to rekindle the flame

    The newly elected president, Daniel Chapo, opened the 50th anniversary celebrations on 7 April in Nangade, in Cabo Delgado province. This is one of the places where the armed struggle against the Portuguese began.

    National symbolism has focused on the torch of national unity, travelling the length and breadth of Mozambique to arrive in Maputo at the historic Machava Stadium on 25 June, Independence Day, for a concluding public ceremony.

    Not everyone has shared this attempt to patch up a country torn both politically and socio-economically.

    Too much has been lost in the intervening decades.

    In the initial period of independence Frelimo adopted socialist policies and attempted to promote free and universal social services, primarily healthcare and education. Back then, the ruling class, starting with the country’s first president, Samora Machel, didn’t enjoy any particular economic privileges.

    The reality today is quite different.

    Journalist and social activist Tomás Vieira Mário, one of the main critics of the current regime, has traced the stages of independent Mozambique’s history. He’s pointed out the contradiction between the initial thrust by many Mozambican common people towards the liberation movement and subsequent, authoritarian developments.

    He concluded in an article that all that remained to unite Mozambicans was the

    mere sharing of the same territorial space. And a lot of blood.

    He was referring to the long war against Renamo from 1976 to 1992 and again from 2013 to 2019, ethnic questions that have never been resolved, and finally the armed attacks in Cabo Delgado of jihadist and ethnic nature.

    For his part, renowned philosopher Severino Ngoenha has also underscored the importance of a justice system that is fair and inclusive, and not at the service of one political party.

    The new opposition is coming not from Renamo or Frelimo but from the streets. Popular protests have taken place this year even in areas once considered Frelimo strongholds. In Gaza province, southern Mozambique, for example, there have been outbreaks of violence, demonstrating that the bipolar system that emerged from the 1992 peace accord now seems incapable of responding to the new demands of Mozambican society.

    On the political level, efforts are being made to overcome the post-electoral crisis and its wounds through the establishment of an Inclusive Dialogue Commission. This is being chaired by jurist Edson Macuacua, who is a vice-minister in the Frelimo government.

    The commission is made up of representatives from all major parties as well as three members of civil society. The eventual aim is radical reform of the state.

    But there are serious doubts about the success of this ambitious project which I believe are legitimate. The big question, beyond any institutional and electoral reforms, is whether the Frelimo party-state will be able to change its political culture in the next elections, accepting any negative results and, therefore, the loss of power.

    Efforts are being made on all fronts to obstruct Mondlane from gaining a political foothold. Mondlane wants to start a new party called the Anamalala (meaning “It will end”, or “Stop!”).

    The name has been rejected by the Ministry of Justice because a Mozambican party cannot be named using a local language – in this case Emakhuwa.

    On the judicial level, several trials are underway against Mondlane and his closest associates, which could result in convictions for inciting protesters to destroy public infrastructure during the post-election demonstrations. If convicted, he would be declared ineligible to run in elections scheduled for 2029.

    Inequality and disparities

    Mozambique is among the six most unequal countries in the world and one of the poorest. According to World Bank data, 500,000 young people enter the labour market each year, with an average absorption capacity of about 25,000 in the formal sector, and 36% of young people unemployed in Maputo.

    Meanwhile, the number of very rich is growing. Mozambique ranks 16th among African countries in terms of the number of millionaires, with 18% growth over the past 10 years.

    This inequality puts national unity at risk.

    The economic disparities between the capital, Maputo, and the rest of the country are increasingly evident.

    Entire ethnic groups and territories are marginalised. Socio-economic and cultural divisions have been replicated in the case of discoveries of large natural resources in the north of the country. Large investments have been made in gas (Total and ENI-Exxon) and rubies in Cabo Delgado.

    A new threat has arisen too: extremism. Islamist-motivated attacks have been occurring in Cabo Delgado since 2017. There was an attack recently on a military base in Macomia.

    Efforts to encourage unity are coming from many quarters: from the promotion of inclusive dialogue; from a civic consciousness that has grown since 2023-2024; and from the country’s economic potential.

    But social inequality remains. So do doubts about Frelimo’s willingness to make Mozambique a country where the winner governs without manipulating election results.

    – Mozambique after 50 years of independence: what’s there to celebrate?
    – https://theconversation.com/mozambique-after-50-years-of-independence-whats-there-to-celebrate-259528

    MIL OSI Africa

  • Nuclear watchdog IAEA sounds alarm over ‘grave threat’ following Iran atomic site attacks

    Source: Government of India

    Source: Government of India (4)

    Tensions in the Middle East escalated dramatically following a series of devastating air attacks exchanged between Israel and Iran, triggered by a direct U.S. military strike on three of Iran’s major nuclear facilities. Explosions shook Tehran as Israel launched coordinated assaults on government and military installations across Iran. In retaliation, Iran fired multiple waves of missiles and drones into Israeli territory, with strikes reported in several cities.

    As part of its sweeping offensive, the Israeli Defense Forces targeted the entrance of Tehran’s Evin Prison—a high-security facility known for housing political prisoners, dual nationals, and regime critics—signaling an expansion of Israeli objectives beyond strictly military targets.

    Amid the intensifying crisis, Iranian Parliament Speaker Mohammad Baqer Qalibaf declared that the legislature is weighing legislation to suspend all cooperation with the International Atomic Energy Agency (IAEA). Qalibaf insisted Iran remains committed to peaceful nuclear activity but criticized the agency’s alleged politicization and failure to uphold its professional commitments. He warned that continued non-compliance by the IAEA could force Iran to withdraw entirely from cooperation.

    The conflict’s ripple effects spread across the region, prompting major energy companies operating in Iraq—such as Eni, BP, and Total Energies—to begin emergency evacuations of foreign personnel, according to Iraq’s state-run Basra Oil Company. Meanwhile, the U.S. Embassy in Qatar issued an urgent advisory instructing American citizens to stay indoors until further notice, citing the ongoing hostilities and U.S. air operations against Iranian nuclear infrastructure.

    In Vienna, Rafael Grossi, Director General of the IAEA, convened an emergency session of the agency’s Board of Governors to address the unfolding situation. He urged Iran to restore full IAEA access to nuclear facilities, particularly to monitor enriched uranium stockpiles. Grossi confirmed that Iran’s key sites at Fordow, Natanz, and Isfahan were struck by cruise missiles and ground-penetrating munitions. While no abnormal radiation levels have been detected off-site, he emphasized the urgency of negotiations and a return to technical oversight. IAEA inspectors remain in Iran and are prepared to resume their duties, he said.

    Grossi’s call for restraint and transparency came as Tehran signaled its intent to limit cooperation with the agency unless provided with credible assurances regarding the IAEA’s impartial conduct.

    As diplomatic efforts intensified, Russian President Vladimir Putin met with Iranian Foreign Minister Abbas Araghchi in Moscow. Expressing firm support for Iran, Putin condemned the U.S. and Israeli strikes as an “unprovoked act of aggression” and reiterated Russia’s strategic alliance with Tehran. He noted ongoing consultations with U.S. President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, UAE President Mohammed Al Nahyan, and Iranian President Masoud Pezeshkian.

    During the meeting, Araghchi denounced the attacks on Iran’s facilities as violations of international law and expressed gratitude for Russia’s steadfast position. Both sides affirmed their commitment to maintaining close coordination as the regional crisis continues to unfold.

  • Sensex, Nifty end higher amid Iran-Israel truce tensions

    Source: Government of India

    Source: Government of India (4)

    The Indian stock markets ended Tuesday on a positive note, even though benchmark indices gave up most of their early gains due to fresh geopolitical concerns.

    After rising over 1 per cent in early trade, both the Sensex and Nifty settled with modest gains as news emerged of a possible breach in the newly announced ceasefire between Iran and Israel.

    The Sensex had touched an intra-day high of 83,018.16 but later pared its gains and closed at 82,055.11. It still ended the day with a gain of 158.32 points, or 0.19 per cent.

    The Nifty, too, saw volatility through the day. It moved between 25,317.70 and 24,999.70 before settling at 25,044.35, up by 72.45 points or 0.29 per cent.

    Market experts said that while the initial surge was driven by optimism around the ceasefire announcement, the mood turned cautious after reports hinted at renewed tensions in the Middle East.

    “The Nifty’s failure to surpass the 25,200-resistance level indicates that the bears are still active and not ready to give in,” Ajit Mishra of Religare Broking Limited said.

    He added that participants are advised to maintain a positive yet cautious stance, with a strong focus on stock selection driven by sectoral trends.

    Among the top performers in the Nifty index were Adani Ports, Shriram Finance, Grasim Industries and Tata Steel. These stocks rose by 2.89 per cent.

    On the other hand, ONGC, IndusInd Bank, Power Grid Corporation, Trent and HCL Technologies were among the biggest losers, falling up to 2.90 per cent.

    Broader markets also ended higher. The Nifty Midcap100 index closed up 0.71 per cent, while the Nifty Smallcap100 gained 0.72 per cent.

    “Initial gains in the domestic market, driven by the ceasefire announcement and sharp drop in crude prices, were short-lived as renewed geopolitical tensions in the Middle East unsettled investor sentiment,” Vinod Nair of Geojit Investments Limited stated.

    “Going forward, the sustainability of an uptrend will hinge on the strength of domestic earnings, with optimism surrounding the upcoming Q1 results supported by favourable domestic macroeconomics,” he added.

    Volatility in the market eased slightly, as the India VIX — the volatility index — dropped 2.88 per cent to close at 13.64.

    (IANS)

  • MIL-OSI Asia-Pac: Deputy SJ visits Guangzhou

    Source: Hong Kong Information Services

    Deputy Secretary for Justice Cheung Kwok-kwan today led a delegation to Guangzhou for a luncheon to exchange views with senior executives of Guangdong enterprises.

    The delegation included representatives from the Law Society, the Bar Association, Hong Kong Exchanges & Clearing, the banking sector and the Advisory Group of Guangdong-Hong Kong-Macao Greater Bay Area Lawyers.

    During the exchange session, members of the delegation gave thematic presentations on Hong Kong’s unique advantages as an international legal hub and financing platform.

    Other presentation topics covered common legal issues in foreign-related financing, and protection of intellectual property rights in going global.

    The delegation also had an in-depth discussion with representatives of Mainland enterprises.

    Mr Cheung pointed out that it was the first time for the Department of Justice (DoJ) to bring together representatives from various professions to introduce the city’s unique advantages in connecting the Mainland and the world to Mainland entrepreneurs.

    Such a cross-professional approach brought multiple professional perspectives, enhancing the enterprises’ understanding of Hong Kong’s position as the best gateway for global expansion, he added.

    Mr Cheung also emphasised that enterprises need quality foreign-related professional services to assist them in opening up a “safe route” for going global successfully, and Hong Kong’s international professional services are positioned as key partners to enterprises expanding into overseas markets.

    More than 40 enterprises attended the exchange session hosted by the DoJ, the Financial Services & the Treasury Bureau and Invest Hong Kong, and co-organised by the Guangdong Chamber of International Commerce.

    After the session, Mr Cheung brought legal profession members of the delegation to hold a discussion with the Guangdong Lawyers Association, on how lawyers from both places could effectively assist enterprises in addressing practical legal issues arising from going global.

    MIL OSI Asia Pacific News

  • MIL-OSI: Bitcoin Solaris Gains Momentum with Confirmed LBank Exchange Listing

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 24, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S) has officially confirmed its upcoming listing on LBank, a leading centralized exchange known for accelerating the visibility and accessibility of promising digital assets. This announcement marks a major milestone in the Bitcoin Solaris roadmap, offering new liquidity opportunities for token holders and opening the door to global trading participation ahead of its public launch.

    Why LBank Listing Is a Game-Changer for Bitcoin Solaris

    LBank isn’t just another exchange. It’s a global launchpad for emerging crypto projects. With its strong community, aggressive marketing, and track record of igniting early token momentum, getting listed on LBank can instantly elevate a project’s credibility, exposure, and trading volume.

    For Bitcoin Solaris, this isn’t just a listing. It’s a strategic move that opens the floodgates for new investor capital ahead of its price jump from $9 to a confirmed $20 launch. And with over 12,300 unique presale participants already locked in, the LBank listing comes at the perfect time to ride that wave of momentum into secondary markets.

    Bitcoin Solaris: Built to Outpace the Old Guard

    Bitcoin Solaris operates on real-world delivery. It’s not just a whitepaper promise. It’s a dual-layer blockchain already tested to support:

    • 10,000 transactions per second
    • 2-second finality
    • 99.95% energy savings compared to Bitcoin
    • Solana-level speed with Bitcoin-grade trust

    The base layer runs Proof-of-Work for unmatched decentralization, while the Solaris Layer uses Delegated Proof-of-Stake for blazing-fast execution. This hybrid design is what makes BTC-S both secure and scalable, a rare combination.

    From Zero to Wealth: How BTC-S Levels the Crypto Playing Field

    LBank Fuels What Crypto Vlog Calls “The Perfect Entry Point”

    Influencer channels are buzzing about Bitcoin Solaris. Crypto Vlog, a respected voice in crypto reviews, recently released a full segment covering BTC-S’s presale strength, mobile-first mining model, and now the major catalyst that is the LBank listing.

    The review emphasizes how the listing could dramatically improve market depth, provide exposure to new retail and institutional buyers, and potentially trigger a liquidity surge during its first trading hours. For a project already trending, this is the match to the fuel.

    Mobile Mining and the New Wealth Paradigm

    Bitcoin Solaris lets users earn BTC-S tokens directly from their phones through the upcoming Solaris Nova app. This one-click mining interface supports:

    • Smartphones (iOS/Android)
    • Desktops and laptops
    • ASIC and GPU setups

    Users can preview earnings through the mining calculator, giving a real-time view of what mining participation can generate. And with the upcoming LBank liquidity, those tokens can now flow directly into global trading markets, no complex bridge required.

    Tokenomics: Designed for Demand and Scarcity

    Bitcoin Solaris follows a hard-capped 21 million supply model, mimicking Bitcoin’s deflationary success while adding modern distribution logic:

    • 66.66% allocated for mining (over 90 years)
    • 20% allocated to presale
    • 13.34% for liquidity and ecosystem expansion

    This structure ensures BTC-S isn’t just a short-term pump. It’s built for longevity, rewarding both miners and long-term holders.

    The Countdown to LBank: What Comes Next?

    Now that the LBank listing has been confirmed, Bitcoin Solaris is entering its next evolutionary phase:

    • Global trading opens for BTC-S
    • Wider audience gain across Asia, Europe, and LATAM
    • Accelerated roadmap execution: from testnet to full mainnet deployment
    • More exchange listings are already in negotiation

    Presale Frenzy: Phase 9 Heats Up with Over 12,300 Users Onboard

    Bitcoin Solaris isn’t just getting listed. It’s doing so while riding the momentum of one of the most explosive presales in crypto history. Currently in phase 9, BTC-S is priced at $9, with the final phase at $10 and a confirmed launch price of $20. That’s a 150% projected return, and it’s not speculation. It’s simple math.

    This is a limited-time event:

    • Bonus: 7% on all current purchases
    • Launch Date: July 31, 2025
    • Over 12,300+ participants already locked in
    • More than $5 million raised and counting
    • Less than 6 weeks remain before doors close

    With the LBank listing around the corner, buyers are racing to grab BTC-S before it hits open markets and the price doubles. If you missed TRON under a penny or Solana under a dollar, this could be your moment to rewrite the playbook.

    Final Word

    With a strategic exchange partnership confirmed and a robust ecosystem in place, Bitcoin Solaris is rapidly shifting from early-stage token to fully operational blockchain platform. The upcoming LBank listing is not just a moment of market entry—it’s the start of a new phase of accessibility, growth, and real-world use.

    As the final presale phase concludes and launch day draws closer, early supporters are positioning themselves ahead of the transition into global trading.

    Explore Bitcoin Solaris:

    Website: bitcoinsolaris.com
    Telegram: t.me/Bitcoinsolaris
    X: x.com/BitcoinSolaris.

    Media Contact

    Xander Levine

    press@bitcoinsolaris.com

    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/20e8a5ff-539d-487e-ba58-44407ae8d95b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fe62cbd5-8eec-4209-98f6-285899126e0c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ecf38dc9-478c-4c6b-aeea-51c023695b01

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1e5a479f-aea8-4517-9114-9520318a9121

    The MIL Network

  • MIL-OSI: Nano Labs Announces US$500 Million Convertible Notes Private Placement for BNB Treasury Strategy

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 24, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announces that it has entered into a convertible notes purchase agreement (the “Agreement”) under which the Company has agreed to issue, and several investors have agreed to subscribe for, a convertible promissory notes in the aggregate principal amount of US$500 million (the “Notes”).

    The Notes will mature in 360 days following the issuance, with no interest accruing on the outstanding principal amount. During 360 days from the date of this Notes, the Notes are convertible, in whole or in part, into the Class A ordinary shares of the Company (the “Ordinary Shares”) at the option of the holder thereof. The conversion price is initially US$20 per Ordinary Share, subject to adjustment as set forth in the Notes. Unless previously converted, the Company shall repay the outstanding principal amount on the maturity date. The Notes shall be an unsecured general obligation of the Company.

    The closing under the agreement is subject to customary closing conditions. There is no guarantee that closing will happen in full or at all. Investors should not place on due reliance on this press release.

    The Agreement marks an important step in the Company’s strategic growth. As part of this initiative, Nano Labs will conduct a thorough assessment of the security and value of BNB. In the initial phase, the Company plans to acquire US$1 billion worth of BNB via convertible notes and private placements. Over the long term, Nano Labs aims to hold 5% to 10% of BNB’s total circulating supply.

    About Nano Labs Ltd

    Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, it has established Bitcoin value investment and adopted Bitcoin as primary reserve asset. Nano Labs has established an integrated solution platform covering three main business verticals, including HTC solutions and HPC solutions. The HTC solutions feature its proprietary Cuckoo series chips, which have become alternative Application-Specific Integrated Circuit (“ASIC”) solutions for traditional GPUs. Nano Lab’s Cuckoo series are one of the first near-memory HTC chips available in the market*. For more information, please visit the Company’s website at: ir.nano.cn.

    *According to an industry report prepared by Frost & Sullivan.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

    For investor and media inquiries, please contact:

    Nano Labs Ltd
    Email: ir@nano.cn

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    The MIL Network

  • MIL-OSI: TELUS and TransUnion Launch Branded Call Display in Canada with Business Name, Logo and Call Reason

    Source: GlobeNewswire (MIL-OSI)

    Solution helps businesses reach more customers, enhance engagement, and protect consumers from call spoofing and fraud            

    According to a TransUnion consumer survey in Canada, 70% of respondents said they’d be likely to answer calls from businesses with company name and logo; 61% said they didn’t answer a call due to safety and fraud concerns

    TORONTO, June 24, 2025 (GLOBE NEWSWIRE) — TELUS (T-TSX; NYSE: TU) is partnering with TransUnion (NYSE: TRU) to implement Branded Call Display (BCD), a solution that enables participating businesses to showcase their identity on incoming calls to TELUS mobility subscribers. BCD will provide TELUS customers with rich call content, including business name, logo and reason for the call on the mobile display to identify incoming callers. When combined with end-to-end call authentication, secure branded calling helps protect consumers from fraud, while helping businesses reach more customers and improve the customer experience.

    “Canadians need more protection against fraud and unwanted calls,” said Juan Sebastian D’Achiardi, Regional President of TransUnion Canada. “We’re excited to partner with TELUS to implement secure branded calling. This solution will help protect Canadian consumers, reducing fraud and giving them confidence to answer the phone, so they don’t miss legitimate calls. For businesses, Branded Call Display will enable them to restore trust in the phone channel, reach more customers, enhance engagement and protect them from call spoofing and fraud.”

    “In today’s digital world, Canadians deserve confidence in who’s calling them,” said Kal Amery, Vice President, Global Carrier Solutions at TELUS. “By implementing TransUnion Branded Call Display, we’re not just displaying caller information, we’re verifying business identity in real-time, helping our customers avoid fraud while ensuring they don’t miss important calls from legitimate businesses. This technology represents a significant step forward in our ongoing commitment to customer security.”

    The partnership builds upon TELUS and TransUnion’s successful collaboration history, including their groundbreaking work on the first international calls authenticated by STIR/SHAKEN protocols. This new solution addresses a critical need in the Canadian market, where recent TransUnion research reveals:

    • 70% of consumers would likely answer calls from businesses displaying verified company names and logos
    • 61% have missed legitimate calls due to fraud concerns
    • Canadians prefer phone calls for critical communications:
      • Personal, including healthcare (62 %)
      • Urgent circumstances, including natural disasters (55 %)
      • High-value decisions, such as financial investments (52 %)

    Learn more about TELUS Partner Solutions visit telus.com/partner-solutions and TransUnion Branded Call Display.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries, including Canada, where we’re the credit bureau of choice for the financial services ecosystem and most of Canada’s largest banks. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this by providing an actionable view of consumers, stewarded with care.

    Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

    For more information visit: www.transunion.ca

    Contact

    Hyunjoo Kim
    Director, Corporate Affairs & Communications
    TransUnion
    hyunjoo.kim@transunion.co

    The MIL Network

  • MIL-OSI: Odoo Connect 2025 Storms Back to San Francisco This Fall, with Over 90 Speakers and More Than 100 Sessions

    Source: GlobeNewswire (MIL-OSI)

    A Flagship Event for Open‑Source Business Innovation, Odoo Has Experienced 10X Growth in the Last 10 years

    SAN FRANCISCO, June 24, 2025 (GLOBE NEWSWIRE) — Odoo, the leading provider of enterprise resource planning (ERP) and customer relationship management (CRM) open-source business management software, announced the return of Odoo Connect 2025, taking place September 4–5 at Pier 27 on the Embarcadero in San Francisco. Odoo invites users, customers, entrepreneurs, developers and business leaders from across the U.S. and Canada for two days of learning, networking, and exploring the future of integrated business software.

    This year’s theme, “Everything you need for your business in one software,” will highlight the power of unified tools that help companies streamline operations across every function from finance and sales to inventory, marketing, and project management. Attendees can expect over 100 sessions spanning AI, CRM, e-commerce, supply chain, finance, manufacturing, and much more.

    “As AI and machine learning continue to reshape how businesses operate, Odoo stands as the perfect platform for builders and businesses alike, open-source, modular, and endlessly customizable. There’s no better place than San Francisco, the heart of innovation, to host Odoo Connect,” said Wilfried Juncker, Managing Director of North America at Odoo. “Our event is a hands-on experience focused on real demos, practical use cases, and direct education from our own experts. We made it affordable and accessible for businesses of all sizes with free passes and low-cost options. Our mission to deliver intuitive, scalable tools has driven our 10x U.S. growth over the past decade, and that same vision makes Connect a powerful gathering for the community.”

    Odoo Connect 2025 will also highlight the release of Odoo 19, a major platform upgrade that introduces smarter AI, enhanced performance, and a more intuitive user experience across all business functions.

    “We’re thrilled to return to Odoo Connect this year as a Technology Sponsor. This event has always been an incredible opportunity to connect with innovative businesses and showcase the power of seamless integrations, “ said Kevin Hughes, Strategic Alliance Manager, Avalara. “At Avalara, we’re proud of our ongoing collaboration with Odoo to simplify tax compliance through automation. We’re especially excited to host a session this year and engage with attendees at our booth to highlight how the Avalara-Odoo integration is helping companies stay compliant while scaling faster.”

    For more information and registration, please visit https://odoo.com/upraise.

    About Odoo
    Since its creation in 2002, Odoo has emerged as among the fastest growing integrated business solutions providers with more than 15 million users worldwide. With its range of integrated, scalable and functional applications, Odoo offers a comprehensive, modular suite that meets the specific needs of every business, making it a suitable solution for organizations of all sizes and sectors, from start-ups to large corporations.

    Odoo employs more than 6,000 people worldwide, and has built a partner network of over 8,000 organizations. Odoo is headquartered in Louvain, Belgium with 19 offices worldwide. Odoo serves a global community of 13 million users. For more information, visit www.odoo.com.

    Media Contact
    Valeria Carrillo
    Public Relations for Odoo
    Odoo@upraisepr.com
    415-397-7600

    The MIL Network

  • MIL-OSI Africa: Home Affairs rolls out upgraded National Population Register from 1 July

    Source: South Africa News Agency

    Home Affairs Minister, Dr Leon Schreiber, on Monday announced that the department will on 1 July 2025 begin the rollout of an upgraded National Population Register (NPR) verification service to all companies and government users to verify identities with speed and reliability.

    This enhanced service, which will boost service delivery from government departments and enhance financial inclusion in the private sector, will be accompanied by tariff increases implemented after widespread public consultation and after concurrence was obtained from the Minister of Finance.

    The department has since 2013 provided the service – known as the online verification system (OVS) – to third parties that connects them to the NPR. 

    This allows these registered users to check identities and other biographical information of their clients against the Home Affairs database.

    However, since its rollout more than a decade ago at a low cost to users, the demands on the OVS have far outstripped the capacity at which it was originally designed. 

    Since then, there has been no substantive upgrade to the system, while demand and the costs of maintaining the infrastructure increased year-on-year. 

    “Due to the upgrade stasis and the increased demands placed on the OVS by institutions – and exorbitant over-use by some institutions owing to unsustainably low prices – users now experience a staggering failure rate in excess of 50% on verification checks against the NPR.

    “Even in the case of successful verifications, response times often take hours, thereby defeating the purpose of real-time verification. 

    “Both of these factors are directly undermining services that require such verifications, including through the OVS and at Home Affairs offices,” said the department.

    Under-investment and overloading of the OVS is a key factor behind the challenge of having “offline systems” at frontline offices. Additionally, an unreliable NPR poses a direct threat to national security as it undermines the ability of the State to verify identities.

    The under-pricing of this service – with fees as low as R0.15 per verification – has deprived the State of the resources required to maintain and enhance the NPR. 

    In turn, said the department, certain private sector users of the OVS have relied on this artificially low price to inflate their corporate profits at the expense of the quality of services received by the public, while also overwhelming the NPR with queries to such an extent that the failure rate now routinely exceeds 50%.

    Effective from 1 July 2025, and following significant development work by the department and its service providers, a new OVS will be rolled out to all users. 

    The upgraded OVS functions as a sleek, modern system that delivers what it was designed to do. It now performs in real-time and the failure rate has been reduced to below 1%.

    For the first time, the new system will also introduce an option for users to do “non-live batch verifications” during off-peak hours at a significantly lower fee than real-time verifications. 

    This will offer both a cost-effective alternative to real-time verifications and incentivise users to stop overloading the OVS’ live queue, reducing the “system offline” challenge at frontline Home Affairs offices.

    As a result, and for the first time in more than a decade, Home Affairs has increased the fees for a single real-time verification check to R10 per transaction. 

    For non-live batch verifications where a user wishes to verify multiple records simultaneously during off-peak periods, the cost will be R1 per verification field request. 

    This cost is appropriate for the service provided and is not unreasonable when viewed against the costs charged to clients of the organisations utilising the OVS, according to the department. 

    There will be no charge for the use of this service by other government departments.

    The Minister said this was a matter of national security as every responsible State must take the necessary steps to ensure a functional population register. 

    “This upgrade also advances financial inclusion and makes a significant contribution to South Africa’s attempts to get off the Financial Action Task Force’s grey list. 

    “I thank the many stakeholders who expressed support for this vital reform in the interest both of national security and of South Africa Inc during our public consultations and call upon all users of the OVS to rise above narrow profiteering to support the safeguarding of national security,” the Minister said.

    “A healthy NPR is also a prerequisite for a functional Digital ID, as the NPR must become the central database against which identities are verified as Home Affairs becomes a digital-first department.

    “This investment in the NPR is an investment in national security, in financial inclusion, and in the value of our cherished South African identity that will pay off handsomely for our country,” Schreiber said.

    Organisations who would like to be connected to the new OVS must send an email to verifications@dha.gov.za.

    A copy of the gazette containing the new fee schedule can be accessed at https://www.dha.gov.za/images/gazettes/gazette-52893-230625-dha.pdf. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Beth Arendse appointed as BASA’s new CEO

    Source: South Africa News Agency

    Business and Arts South Africa (BASA) has announced the appointment of Beth Arendse as its new Chief Executive Officer, effective 1 July 2025. 

    With over 25 years of leadership experience in South Africa’s creative and cultural sectors, Beth brings visionary insight, strategic expertise, and an unwavering commitment to inclusive growth. 

    “Throughout her career, she has pioneered initiatives that seamlessly integrate the arts, entrepreneurship and education, empowering emerging creatives and advocating for the sustainable development of the creative economy. 

    “Arendse’s notable contributions include founding transformative platforms such as the Tshwane School of Music, the SA Creative Industries Incubator (SACII), and the Music Business Lab – programmes that have equipped hundreds of young creatives with essential skills, market access and business knowledge, enabling them to thrive in an increasingly competitive and evolving sector,” BASA said on Monday.

    Beyond programme leadership, Arendse has served on prominent national advisory bodies, including the Presidential Commission for the Fourth Industrial Revolution and the National Advisory Council on Innovation. 

    Her expert input has helped shape policies aimed at strengthening the creative sector’s adaptability to technological change and shifting economic landscapes.

    “In the rigorous process of identifying a CEO, we were spoilt for choice by the calibre of candidates we had the opportunity to interact with, which speaks highly of the value that has been built in the BASA brand over the years. 

    “However, Beth’s undeniable passion for the creative industries, her entrepreneurial spirit, as well as her innovative approach to dealing with challenges and opportunities, won the day in the end.  We are excited to be taking this step with her,” Chairperson of the BASA Board Zingisa Motloba said.

    BASA said Arendse’s appointment comes at a pivotal moment as the organisation recommits to positioning the creative economy in its rightful place at the heart of South Africa’s national development agenda. 

    Under her leadership, BASA aims to focus on unlocking the full economic, cultural, and innovation potential of the creative sector as a vital driver of inclusive growth. 

    “I step into this role with a deep belief in the power of the creative economy to shape South Africa’s future—not only to inspire, but to generate economic opportunity, create livelihoods, and unlock the country’s full creative and economic potential. 

    “I’m honoured to lead BASA into its next chapter and look forward to forging bold partnerships that position creatives as key architects of our economic and social progress,” Arendse said. 

    BASA was founded in 1997 as a joint initiative between government and the private sector as part of a strategy to secure greater involvement in the arts from businesses operating in South Africa. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Russia: Moscow is actively developing interregional cooperation in the field of procurement

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    From June 23 to 27, Perm is hosting the All-Russian Conference “Public Procurement Perm – 2025”, dedicated to the 20th anniversary of the contract system of Russia. It brought together experts from the professional community to discuss issues of regional regulation of public procurement, the specifics of applying the national regime, as well as promising technologies for optimizing procurement processes.

    “Moscow is actively developing interregional cooperation in the procurement sphere. In particular, one of the main platforms for such interaction is the supplier portal – an electronic platform for small-volume public procurement, where customers from 42 regions of the country and more than 375 thousand suppliers from all over Russia work, including more than 13 thousand from Perm Krai, where our conference is taking place. From January to the end of May, customers from the regions concluded 40.8 thousand contracts on the portal for 5.9 billion rubles. At the same time, entrepreneurs from Perm Krai became leaders among regional suppliers in the number of transactions – it amounted to 14.8 thousand – and second in the volume of contracts, which reached 1.6 billion rubles,” said the head of the capital’s Department of Competition Policy during his speech at the plenary session “20 years of the contract system of Russia. Development Prospects”

    Kirill Purtov.

    Based on the results of the first five months of this year, the top five most active supplier regions on the portal by number of contracts also included Moscow Region – 11.9 thousand transactions, Yamalo-Nenets Autonomous Okrug – 4.8 thousand, Sverdlovsk Region – 2.8 thousand and Khanty-Mansi Autonomous Okrug – Yugra – 2.7 thousand.

    The conference was attended by representatives of the Ministry of Finance of the Russian Federation, the Federal Antimonopoly Service of Russia, the Federal Treasury, regional procurement regulators, and other experts.

    Suppliers portal was created in 2013 to automate small-volume purchases. The list of goods, works and services offered by entrepreneurs includes more than 3.1 million unique items. About 1.5 thousand contracts are concluded on the platform daily.

    Representative offices have been opened in the regions, where specialists help users with work on the site, hold meetings and collect suggestions for improving the service. In addition, you can contact the support service around the clock by phone: 7 800 303-12-34 or through the contact form at portal.

    The functional customer of the supplier portal is Moscow City Department of Competition Policy, and the capital oversees technical development Department of Information Technology.

    Development of electronic services for business corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155720073/

    MIL OSI Russia News

  • MIL-OSI: Garden Stage Limited Regains Compliance with Nasdaq Minimum Bid Price Listing Requirements

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, June 24, 2025 (GLOBE NEWSWIRE) — Garden Stage Limited (NASDAQ: GSIW) (“GSIW” or the “Company”), today announced that on June 23, 2025, the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum closing bid price requirement under Nasdaq Listing Rule 5550(a)(2).

    As previously disclosed , the company received a delinquency notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on December 24, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq’s Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company’s ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice provides that the Company has a period of 180 calendar days from the date of the Notice, or until June 23, 2025, to regain compliance with the minimum bid price requirement. This requirement was met on June 23, 2025.

    About Garden Stage Limited

    GSIW, through our Operating Subsidiaries, are a Hong Kong-based financial services provider principally engaged in the provision of (i) placing and underwriting services; (ii) securities dealing and brokerage services; (iii) asset management services; and (iv) investment advisory services. Our operation is carried out through our wholly-owned Operating Subsidiaries: a) I Win Securities Limited, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management Limited, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong. I Win Securities Limited is the Stock Exchange Participant and holds one Stock Exchange Trading Right. I Win Securities Limited is a participant of the HKSCC.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in verbal statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs and expectations, are forward-looking statements. Forward looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Garden Stage Limited
    Chan Sze Ho
    Chief Executive Officer
    Email: rickychan@iwinsec.com
    Tel: (852) 2688 6333

    The MIL Network

  • MIL-OSI: Zeelo Raises $23M Series B to Accelerate AI-Powered Transportation-as-a-Service Growth in North America, UK & Ireland

    Source: GlobeNewswire (MIL-OSI)

    LONDON and BOSTON, June 24, 2025 (GLOBE NEWSWIRE) — Zeelo, the category-leading Transportation-as-a-Service (TaaS) provider for employers and schools offering mobility as a benefit, today announced the close of its $23 million Series B funding round. The round was led by impact investor Blue Earth Capital, with participation from existing investors including Direttissima Growth Partners and Peter Bauer’s family office. The new capital will be used to strengthen Zeelo’s profitable market leadership in the UK and Ireland, accelerate commercial growth in North America, enhance its proprietary routing software and AI-powered transport management platform, and pursue further strategic M&A following the successful acquisition of UK competitor Kura in 2024.

    Zeelo provides daily commuter transportation to help reduce employee turnover and cut carbon emissions, leveraging a network of 650+ vetted third-party operator partners with access to over 10,000 vehicles. It is trusted by some of the world’s largest employers and school groups, including Amazon, Barclays, and UPS, and has delivered over 175% year-on-year revenue growth in North America, alongside profitability in its core UK & Ireland market. The company’s AI-powered virtual transportation management workflow, which automates route design, incident management, and customer support, is at the heart of its service – enabling greater operational efficiency, lower cost-to-serve, and a significantly enhanced customer experience. This “human-centric” AI approach ensures technology serves both riders and operations teams without removing the personal touch that defines Zeelo’s high service standards.

    “Our mission is to empower opportunity through sustainable transportation,” said Sam Ryan, Co-Founder & CEO of Zeelo. “With this new investment, we’re scaling our impact – delivering inclusive mobility programs that not only reduce CO₂ emissions and car dependency, but also connect people to work and education in areas not served by public transit. Our proprietary tech platform and AI-powered operations are driving incredible ROI for customers, while our team continues to raise the bar for service quality. This capital gives us the resources to further integrate with industry partners, including operators, electric and autonomous vehicle providers, and to strengthen our market presence through focused go-to-market and acquisition strategies.”

    In the past year, Zeelo has powered over 7 million rides through its platform, significantly reducing greenhouse gas emissions while maintaining a 98% global customer satisfaction rate. Notably, in the UK, 10% of trips were completed with fully electric vehicles, and the company continues to fully offset emissions for its remaining services. Zeelo acquired competitor Kura in 2024, further strengthening its UK&I leadership position.

    Zeelo is redefining the future of shared transportation with a vertically integrated model that combines best-in-class TaaS software, professional fleet partnerships, and virtual operations centers – supporting transit programs for daily commuting, school runs, campus shuttles, corporate events, and peer-to-peer vanpooling. The company continues to invest heavily into the motorcoach industry, partnering with local operators to digitize, optimize, and electrify their offerings.

    “Our Private Equity team is excited to partner with Zeelo on their mission to decarbonize and democratize access to transportation,” said Kayode Akinola, Head of Private Equity at Blue Earth Capital. “Zeelo’s ability to shift commuters from cars to shared bus trips and optimize routes delivers significant GHG reduction potential and supports our focus on efficiency gains, whilst their role in accelerating adoption of EVs in the shuttle market aligns well with our electrification theme, an important pillar towards decarbonization.”

    Zeelo has also bolstered its leadership team in 2025 with the additions of Fraser Cameron as CFO and James Winn as CRO, based out of Zeelo’s Boston office, bringing new capabilities in commercial strategy and mobility partnerships. These additions signal Zeelo’s readiness to scale profitably in North America and continue expanding its services into new markets and customer segments.

    Looking ahead, Zeelo will continue to leverage human-centric AI to simplify mobility for its customers, riders, operator partners and drivers. Future plans include deeper industry integrations with autonomous and electric vehicle technology, enhanced self-serve capabilities, and targeted M&A to scale the platform globally.

    For press enquiries, please contact:

    Zeelo:
    press@zeelo.co

    About Zeelo

    Zeelo is a category-leading Transportation-as-a-Service (TaaS) provider delivering mission-critical mobility solutions for employees and students across the US and UK & Ireland. Focused on corporations and schools, Zeelo enables safe, reliable, and sustainable transportation through its proprietary, asset-light technology platform.

    Leveraging a network of 650+ vetted third-party operator partners and access to over 10,000 vehicles, Zeelo offers fully managed, end-to-end shuttle services that reduce transportation costs, improve employee retention and access, and enhance daily commutes. Its AI-powered virtual transportation management system optimizes routes, streamlines operations, and delivers a seamless rider experience.

    Zeelo’s solutions minimize single-occupancy vehicle usage and actively support the electrification of shuttle fleets, driving measurable environmental impact while empowering communities through improved access to work and education. Visit www.zeelo.co.

    About Blue Earth Capital

    Blue Earth Capital is a global, independent, specialist impact investor, headquartered in Switzerland, with operations in New York, London, and Konstanz. Blue Earth Capital seeks to address the world’s most pressing social and environmental challenges by delivering measurable impact alongside aiming for attractive and market-rate financial returns. The company operates dedicated private equity, private credit, and fund solutions as well as separately managed accounts. Blue Earth Capital is owned by the Blue Earth Foundation, a Stiftung (charity/trust) registered in Switzerland that focuses on deep impact to support initiatives and business ventures to help deliver a more equitable and sustainable future.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11925a4a-5a84-46cd-8539-a902703d522a

    The MIL Network

  • MIL-OSI Africa: Angola’s Minister Diamantino Azevedo to Join Exclusive Fireside Chat at Angola Oil & Gas (AOG) 2025

    Diamantino Azevedo, Angola’s Minister of Mineral Resources, Petroleum and Gas, will deliver a keynote address at this year’s edition of the Angola Oil & Gas (AOG) conference – taking place September 3-4 in Luanda. Minister Azevedo will also participate in an exclusive Fireside Chat, where he is expected to outline the country’s bold agenda to sustain oil production, accelerate non-associated gas projects while unlocking greater economic opportunities through the oil and gas industry.   

    As the premier event for the country’s oil and gas sector, AOG takes place on the eve of Angola’s 50 years of independence in 2025, celebrating 50 years of sovereignty and hydrocarbon leadership. Examining how oil and gas investments have shaped the last five decades, the event explores how policy reform, foreign investment and local innovation will drive the next 50 years of development. The event will unpack the country’s $60 billion upstream investment drive, plans for 445,000 barrels per day (bpd) in refining capacity, youth- and women-led innovations and cross-sector infrastructure projects. Minister Azevedo’s insights will support dialogue and deals by outlining governmental strategies for transforming the market.

    Under the leadership of Minister Azevedo, Angola has seen rapid project advancement in recent years, with a 2025-2028 project pipeline expected to bolster production even further. Major projects include the first phase of the Cabinda refinery – starting in 2025 with a capacity of 60,000 bpd -; the New Gas Consortium’s non-associated gas project (2026); the Agogo Integrated West Hub Development (2026); and the Kaminho deepwater development (2028). Frontier exploration is expected to kick-off in 2025 at the Etosha-Okavango basin while independents pursue development opportunities in the onshore Kwanza basin. The country is also expected to launch its next licensing round in 2025, offering ten blocks for exploration in the offshore Kwanza and Benguela basins. These developments are expected to accelerate industry growth while attracting new players to the market.

    Looking back, regulatory reform has served as the cornerstone of Angola’s 50 years of oil and gas growth, laying the foundation for sustained investment, local partnerships and long-term commitments by international operators. A six-year licensing round launched in 2019 paved the way for 41 concessions to be awarded to a multitude of international and regional companies, while the introduction of marginal field opportunities has created new pathways for independents. The country currently has five marginal fields available, two of which are situated in Block 4 while additional field opportunities lie in Block 14, Block 15 and Block 18. Backed by supportive policies, these fields offer accessibility for smaller E&P firms looking at either expanding their presence or entering the Angolan upstream market. Beyond this, Angola also introduced an Incremental Production Initiative in 2024 to encourage major operators to reinvest in mature assets. ExxonMobil made a discovery as the Likembe-01 well in 2024 – the first under the initiative. The country also offers blocks under its permanent offer program, enabling companies to invest out of the confines of a traditional licensing round.

    These reforms are expected to continue enticing investment into the market as Angola ushers in a new era of development. The next 50 years will be determined by upcoming policies, which aim to strengthen domestic value chains and encourage greater local participation across the industry. Notably, Angola is preparing to launch its Gas Master Plan (GMP), aimed at diversifying the industry and creating expanded investment opportunities. The GMP is a 30-year strategy designed to attract investment across the gas value chain, offering a clear policy framework to entice non-associated gas development, enhance fuel security while supporting the creation of domestic gas markets. The country is also eyeing the possibility of extending its multi-year licensing strategy beyond 2026. This creates new opportunities for companies as the country targets frontier development and revitalized onshore production. At AOG 2025, Minister Azevedo’s insights will offer greater clarity on how the government is expected to work with foreign operators, strengthen the business environment while creating a regional petroleum hub in Angola.

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    Distributed by APO Group on behalf of Energy Capital & Power.

    MIL OSI Africa