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  • MIL-OSI USA: EIA counts U.S. electricity generation in different ways

    Source: US Energy Information Administration

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    In-brief analysis

    May 27, 2025

    Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor

    At EIA, we publish U.S. electricity net generation from two different perspectives:

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    In-brief analysis

    May 22, 2025

    Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update, and the U.S. Bureau of Labor Statistics
    Note: Real prices are adjusted to May 2025 dollars.

    The retail price for regular-grade gasoline in the United States on May 19, the Monday before Memorial Day weekend, averaged $3.17 per gallon (gal), 11% (or 41 cents/gal) lower than the price a year ago. After adjusting for inflation (real terms), average U.S. retail gasoline prices going into Memorial Day weekend are 14% lower than last year, largely because crude oil prices have fallen.

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    In-brief analysis

    May 21, 2025

    Data source: United Nations Statistics Division, UN Comtrade
    Note: Excludes trade within regions.

    China has a major role at each stage of the global battery supply chain and dominates interregional trade of minerals. China imported almost 12 million short tons of raw and processed battery minerals, accounting for 44% of interregional trade, and exported almost 11 million short tons of battery materials, packs, and components, or 58% of interregional trade in 2023, according to regional UN Comtrade data.

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    In-depth analysis

    May 20, 2025

    Colorado State University’s hurricane forecast estimates the 2025 hurricane season will exceed the 1991–2020 average, with an estimate of 17 named storms, compared with a historical average of 14 storms. Meteorologists expect 13–18 named storms, including 3–6 storms with direct impacts on the United States, during this year’s Atlantic hurricane season, according to reports from AccuWeather in April.

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    In-brief analysis

    May 19, 2025

    We expect U.S. hydropower generation will increase by 7.5% in 2025 but will remain 2.4% below the 10-year average in our May Short-Term Energy Outlook (STEO). Hydropower generation in 2024 fell to 241 billion kilowatthours (BkWh), the lowest since at least 2010; in 2025, we expect generation will be 259.1 BkWh. This amount of generation would represent 6% of the electricity generation in the country.

    Read More ›

    In-brief analysis

    May 15, 2025

    Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), May 2025, and Oxford Economics
    Note: Excludes 2020 and 2021 as outlier years because of the COVID-19 pandemic.

    We forecast consumption growth of crude oil and other liquid fuels will slow over the next two years, driven by a slowdown in economic growth, particularly in Asia, in our May Short-Term Energy Outlook (STEO).

    Read More ›

    In-depth analysis

    May 14, 2025

    Retail electricity prices have increased faster than the rate of inflation since 2022, and we expect them to continue increasing through 2026, based on forecasts in our Short-Term Energy Outlook. Parts of the country with relatively high electricity prices may experience greater price increases than those with relatively low electricity prices.

    Read More ›

    In-brief analysis

    May 13, 2025

    In our latest Short-Term Energy Outlook, we forecast U.S. annual electricity consumption will increase in 2025 and 2026, surpassing the all-time high reached in 2024. This growth contrasts with the trend of relatively flat electricity demand between the mid-2000s and early 2020s. Much of the recent and forecasted growth in electricity consumption is coming from the commercial sector, which includes data centers, and the industrial sector, which includes manufacturing establishments.

    Read More ›

    In-brief analysis

    May 12, 2025

    The average electric monthly bill for U.S. residential customers was $144 in 2024, but average costs for customers in some states were much higher or lower. Customers in states such as Hawaii and Connecticut, where retail electricity prices are relatively high, paid more than $200 per month for electricity, or more than twice as much as customers in states such as New Mexico and Utah.

    Read More ›

    In-brief analysis

    May 7, 2025

    Data source: FracFocus
    Note: To calculate the number of wells completed per location, we grouped wells within a 50-foot radius into single locations. We then identified wells completed by their completion start and end dates, counting concurrent completions when their completion periods overlapped.

    We estimate that the average number of wells completed simultaneously at the same location in the Lower 48 states has more than doubled, increasing from 1.5 wells in December 2014 to more than 3.0 wells in June 2024. By completing multiple wells at once rather than sequentially, operators can accelerate their production timeline and reduce their cost per well. The increasing number of simultaneous completions reflects significant technological advances in hydraulic fracturing operations, particularly in equipment capabilities and operational strategies.

    Read More ›

    In-brief analysis

    May 6, 2025

    Data source: U.S. Energy Information Administration, Petroleum Supply Monthly; company announcements and trade press
    Note: Other Biofuels includes sustainable aviation fuel (SAF), renewable heating oil, renewable naphtha, renewable propane, renewable gasoline, and other emerging biofuels that are in various stages of development and commercialization. SAF production capacity is an estimate based on company announcements and trade press and only includes hydroprocessed esters and fatty acids (HEFA) SAF. We do not publish SAF production capacity data.

    Sustainable aviation fuel (SAF) production is growing in the United States as new capacity comes online. U.S. production of Other Biofuels, the category we use to capture SAF in our Petroleum Supply Monthly, approximately doubled from December 2024 to February 2025.

    Read More ›

    In-brief analysis

    May 5, 2025

    Data source: AAA

    Retail prices for regular grade gasoline in California are consistently higher than in any other state in the continental United States, often exceeding the national average by more than a dollar per gallon. Several factors contribute to this high price, including state taxes and fees, environmental requirements, special fuel requirements, and isolated petroleum markets.

    Read More ›

    In-brief analysis

    May 1, 2025

    Data source: CME Group, Bloomberg L.P.
    Note: Refinery margin is calculated as the 3-2-1 crack spread on the U.S. Atlantic Coast, which represents two barrels of gasoline and one barrel of distillate fuel oil minus three barrels of Brent crude oil. 1Q25=first quarter of 2025

    During the first quarter of 2025 (1Q25), crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In this quarterly update, we review petroleum markets price developments in 1Q25, covering crude oil prices, refinery margins, biofuel compliance credit prices, and natural gas plant liquids prices.

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    In-brief analysis

    Apr 30, 2025

    Data source: Evaluate Energy
    Note: Production expenses include costs of goods sold, operating expenses, and production taxes from company income statements. Interest expenses are in 2024 dollars and deflated using the Consumer Price Index.

    Higher oil prices, increased drilling efficiency, and structurally lower debt needs have contributed to lower interest expenses for some publicly traded U.S. oil companies over the past decade, despite the level of interest rates across the economy being relatively high.

    Read More ›

    In-brief analysis

    Apr 29, 2025

    U.S. imports of petroleum products decreased by 210,000 barrels per day (b/d) in 2024 to average 1.8 million b/d. Imports of all major transportation fuels, such as motor gasoline, diesel, and jet fuel, as well as other products, such as unfinished oils, decreased.

    Read More ›

    MIL OSI USA News –

  • MIL-OSI: Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. The partnership’s transaction covers the Lower Rio 60MW/120MWh storage facility and the Arrowleaf 35MW/140MWh storage and 42MW solar projects, which are expected to achieve COD by the end of 2025.

    “This Hybrid Tax Equity partnership is the first of its kind for our Energy Storage portfolio and highlights the innovative efforts we are taking to optimize the projects’ economics and the Company’s profitability to ensure that we have the funding we need to support our long-term growth, while simultaneously helping advance our explicit goal of monetizing $160 million of tax benefits this year,” said Doron Blachar, Chief Executive Officer of Ormat Technologies. “By continuing to effectively monetize the benefits of ITCs for our growing Energy Storage project portfolio through 2026, we are strengthening our ability to further invest in our development pipeline and ensure that we remain well-positioned to support the growing demand for energy storage projects.”

    Ormat was represented in the transaction by Sheppard Mullin Richter & Hampton, LLP and Morgan Stanley Renewables Inc. was represented in the transaction by Willkie Farr & Gallagher LLP.

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    ORMAT’S SAFE HARBOR STATEMENT

    Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such matters as our projections of annual revenues, expenses and debt service coverage with respect to our debt securities, future capital expenditures, business strategy, competitive strengths, goals, development or operation of generation assets, market and industry developments and the growth of our business and operations, are forward-looking statements. When used in this press release, the words “may”, “will”, “could”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, or “contemplate” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to Ormat’s plans, objectives and expectations for future operations and are based upon its management’s current estimates and projections of future results or trends. Although we believe that our plans and objectives reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or objectives. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 27, 2025, and in Ormat’s subsequent quarterly reports on Form 10-Q that are filed from time to time with the SEC.

    These forward-looking statements are made only as of the date hereof, and, except as legally required, we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Ormat Technologies Contact:
    Smadar Lavi
    VP Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com    		 Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network –

  • MIL-OSI: TruGolf Clarifies Nasdaq Compliance Plan and Provides Context to Equity Line of Credit

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, May 27, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has clarified its plan to regain compliance with Nasdaq listing rules in response to shareholder inquiries. On August 19, 2024, TruGolf Holdings, Inc. received a written notification from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, the Company’s stockholders’ equity was ($10,508,104), and therefore, the Company was not in compliance with Nasdaq’s Listing Rule 5450(b)(1)(A), which requires a $10,000,000 minimum stockholders’ equity standard (the “Equity Rule”). On May 15, 2025, the Company presented a plan to the Nasdaq Hearings panel on how it plans to regain compliance with Nasdaq’s listing rules and requested an extension to execute on the plan. To date the Hearings panel has not rendered a determination. There can be no assurance that it will provide an extension or move to delist. The key provisions of the plan were:

    • The Company converted approximately ⅔’s of the accrued dividends payable owed to the company’s founders to common stock.
    • The PIPE note holders agreed to exchange their outstanding notes and associated warrants for new preferred shares and warrants. All unissued notes would be canceled.
    • The Company has entered into an Equity Line of Credit for $20 million that could provide liquidity without reducing shareholder equity if additional funds to operate the business are required.
    • A reverse split would be approved by the Board, subject to shareholder authorization, if necessary to regain compliance with Nasdaq minimum pricing rules.

    Chris Jones, CEO of TruGolf, had this to say about the plan. “The Company will be holding a special meeting of shareholders on May 30th to vote on actions relating to this plan. However, since disclosure of all details of the plan, the Company has received multiple inquiries requesting clarification of the purpose of the Equity Line of Credit that was entered into as part of the plan.” As reported in the Company’s first quarter Form 10-Q on May 15th. “TruGolf has a strong cash position of greater than $10 million which is more than adequate to satisfy its current operating needs. The line was put in place in the event that a special situation or opportunity may arise in the future so the Company could avoid debt when financing its actions.” 

    About TruGolf Holdings

    TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

    Forward-Looking Statements

    Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company’s compliance plan will be accepted by Nasdaq and the Company’s expected future cash needs. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    For more information about our products and upcoming innovations, please visit TruGolf.com.

    Media Contacts:

    TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf

    The MIL Network –

  • MIL-OSI: TRESU Investment Holding A/S – Announcement of Q1 2025 Interim Report

    Source: GlobeNewswire (MIL-OSI)

    TRESU INVESTMENT HOLDING A/S
    ANNOUNCEMENT NO. 07.2025
    27.05.2025

    TRESU Investment Holding A/S – Announcement of Q1 2025 Interim Report

    Tresu Investment Holding A/S today publishes the Q1 2025 Interim Report and presentation of the financial results.

    We are pleased to invite you to the financial results call, which is being held

                                                 Wednesday, 11. June 2025, at 1pm CET.

    The Interim Report will be presented by Stephan Plenz, CEO and Torben Børsting, CFO. After the presentations there will be an opportunity for Q+A.

    A recording of the results call will be made available for four hours on the TRESU IR website.

    To register for the investor call, please send an e-mail to fho@tresu.com directed to Financial Manager at TRESU A/S, Finn Holm, no later than 10. June 2025 9am CET.

    Stephan plenz
    CEO, TRESU

    For further details, please contact:
    CEO, Stephan Plenz, phone: +45 2194 5480
    CFO, Torben Børsting, phone: +45 5130 2780

    Attachments:

    TRESU Investment Holding AS interim report 2025 Q1

    Quarterly reporting – 2025 Q1

    Attachments

    The MIL Network –

  • MIL-OSI Economics: Samsung Wins MyBroadband 2025 Award for TV Brand of the Year

    Source: Samsung

     
    Samsung has been named the 2025 MyBroadband TV Brand of the Year, a prestigious accolade that recognises the company’s continued leadership and innovation in the television industry.
     
    Presented annually, the MyBroadband Award for TV Brand of the Year honours brands that consistently deliver outstanding products, cutting-edge technology, and exceptional user experiences to South African consumers. Samsung was chosen based on its strong brand reputation, industry-wide innovation, and deep commitment to the local market.
     
    “We are honoured and proud to be recognised as South Africa’s leading TV brand,” said Mike van Lier, Vice President for Consumer Electronics at Samsung Electronics South Africa. “This award reflects our ongoing investment in breakthrough technologies and our dedication to offering our consumers the very best in home entertainment.”
     
    Samsung has long set the standard for what televisions can achieve. The company’s pioneering work in quantum dot technology began in 2001 and led to the creation of the world’s first cadmium-free quantum dot material in 2014. This innovation laid the foundation for Samsung’s highly acclaimed SUHD and QLED TV ranges.
     
    With more than 150 patents in quantum dot technology, Samsung continues to redefine picture quality and performance with each generation of products. Its current line-up, which includes the Neo QLED and OLED ranges, showcases the brand’s commitment to delivering superior brightness, colour precision, and refresh rates for all types of viewing needs.
     
    As a leading brand in South Africa, Samsung continues to deliver TVs that resonate with local audiences, whether for sport, cinema, or gaming. A strong commitment to local customer service and support matches the company’s sustained investment in innovation and product excellence.
     
    “At its core, our business is driven by the consumer. This is why we will continue to push the boundaries of what’s possible in home entertainment. We are particularly excited about the future, especially after this accolade and being named South Africa’s preferred TV brand,” added van Lier.

    MIL OSI Economics –

  • MIL-OSI: BIO-key and Runlevel Secure First Major IAM Deployment with a National Bank in Mozambique; Extends Growing List of Banking Customers

    Source: GlobeNewswire (MIL-OSI)

    LISBON, Portugal and HOLMDEL, N.J., May 27, 2025 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), a global leader in Identity and Access Management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced a strategic partnership with Runlevel, a specialized cybersecurity solutions provider, as well as the partnership’s first customer deployment. Runlevel focuses on Portuguese-speaking African countries (“Países Africanos de Língua Oficial Portuguesa or “PALOP”) and Timor-Leste in Asia.

    Runlevel joins BIO-key’s Channel Alliance Partner (CAP) program as a Value-Added Reseller (VAR) for businesses and government institutions in PALOP countries and Timor-Leste, which face increasing cybersecurity challenges. The Runlevel partnerships marks the beginning of a broader effort to expand adoption of BIO-key solutions across the region, ensuring financial institutions, government agencies and enterprises can benefit from secure, scalable and compliant digital identity solutions. In support of BIO-key’s solutions, Runlevel will provide pre-sales consulting, deployment support and technical training tailored to regulatory requirements in PALOP and Timor-Leste.

    Partnership’s First Major Deployment
    BIO-key and Runlevel have already secured their first customer in the region — a National Bank in Mozambique — which is deploying a comprehensive suite of BIO-key’s biometric-based IAM solutions.

    This deployment highlights the growing need for robust IAM solutions in the partnership’s territories and reinforces BIO-key’s position as a trusted cybersecurity partner within the global financial sector.

    The deployment includes the following BIO-key solutions:

    • PortalGuard On-Prem
    • Highly secure IAM platform with Multi-factor Authentication (MFA)
    • Single Sign-On (SSO) capabilities.

    Miguel Guerreiro, Managing Partner at Runlevel, commented, “Runlevel is committed to delivering cutting-edge security solutions that address the unique challenges faced by customers in PALOP and Timor-Leste. Partnering with BIO-key enables us to provide advanced IAM technologies that enhance cybersecurity, streamline authentication, and ensure compliance. Securing our first major deal together is a strong validation of this partnership and demonstrates the critical need for robust identity security solutions in the financial sector.”

    Alex Rocha, International Managing Director at BIO-key, added, “Runlevel is an ideal partner to expand BIO-key’s reach into Portuguese speaking markets. Their deep knowledge of the local cybersecurity landscape and strong relationships with key enterprises and public institutions make them a perfect fit for delivering BIO-key’s IAM solutions. Securing our first project together with a National Bank in Mozambique confirms the demand we believe exists for advanced IAM solutions in these regions and adds to BIO-key’s growing presence in the financial sector. Together, we are committed to supporting customers with secure, scalable, and regulation-compliant authentication technologies.”

    About Runlevel (www.runlevel.pt)
    Runlevel is a specialized cybersecurity solutions provider focusing on Portuguese-speaking African countries (PALOP) and Timor-Leste. The company delivers advanced IT security, infrastructure, and compliance solutions, helping organizations navigate the evolving cybersecurity landscape with best-in-class technology and expert consulting services.

    About BIO-key International, Inc. (www.BIO-key.com)
    BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software securing access for over forty million users. BIO-key allows customers to choose the right authentication factors for diverse use cases, including phoneless, tokenless, and passwordless biometric options. Its cloud-hosted or on-premise PortalGuard IAM solution provides cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.

    BIO-key Safe Harbor Statement
    All statements contained in this press release other than statements of historical facts are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are not guarantees of future performance or events and are subject to risks and uncertainties that may cause actual results to differ materially from those included within or implied by such forward-looking statements. These risks and uncertainties include factors set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Investor Contacts
    William Jones, David Collins
    Catalyst IR
    BKYI@catalyst-ir.com or 212-924-9800

    The MIL Network –

  • MIL-OSI: SSCP Lager Bidco AB (publ) – Interim report for first quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    SSCP Lager BidCo AB (publ) – Interim report for the period 1 January – 31 March 2025.

    Today SSCP Lager Bidco AB (publ) published an interim report for the first quarter, the report can be downloaded on www.logent.se or via the link below.

    For more information, please contact:
    Andrzej Kulik, CFO, telephone number: +46 738 15 67 00, andrzej.kulik@logent.se or
    Joel Engström, CEO, telephone number: +46 734 36 36 29, joel.engstrom@logent.se

    This press release was published on 27th May at CET 14:00

    This information is of the type that SSCP Lager BidCo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation, the Swedish Securities Markets Act and the Swedish Financial Instruments Trading Act. The information was submitted for publication through the agency of the contact persons set out above, on 27-05-2025 at 14:00 CET/CEST

    About Logent Group
    Logent is a comprehensive and independent logistics partner, with a Nordic base and with global networks. We have a wide range of services and create value for our customers through guaranteed cost and quality improvements. Our services include Logistics Services such as Warehouse Management, Transport Management and Customs, Port and Combined Terminals, Staffing Services and Consulting Services. This means that Logent has grown to a turnover of about SEK 2.3 billion from the start in 2006 and employs approximately 2,800 people.

    This information is of the type that SSCP Lager BidCo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation, the Swedish Securities Markets Act and the Swedish Financial Instruments Trading Act. The information was submitted for publication through the agency of the contact persons set out above, on 27-05-2025 at 14:00 CET/CEST.

    Attachment

    The MIL Network –

  • MIL-OSI: Kaltura Sweeps Eventex 2025 with Five Golds, Redefining the Future of AI-Powered Events

    Source: GlobeNewswire (MIL-OSI)

    New York, May 27, 2025 (GLOBE NEWSWIRE) — Kaltura (Nasdaq: KLTR), the AI Video Experience Cloud, has won five golds in the prestigious 2025 Eventex Awards, winning every category it entered and cementing its leadership in the transformation of digital events through artificial intelligence.  

    This marks the third consecutive year that Kaltura Events, the company’s all-in-one AI-powered platform for webinars and virtual experiences, has earned top honors. In a year with record-breaking global submissions, Kaltura stood out for its relentless innovation in creating personalized, intelligent, and impactful digital engagement. 

    The Award-Winning Categories: 

    • Best New Event Technology 
    • Best Audience Engagement Technology 
    • Best Data Collection and Event Analytics Technology 
    • Best Event AI Technology 
    • Best Virtual Event Platform 

    “We are delighted to have our event technology recognized once more by Eventex. Winning is never the goal – redefining what’s possible is. We have been focused on leading the way with our new Kaltura Genies and AI live-session agents,” said Eynav (Navi) Azaria, Chief Product and Engineering Officer at Kaltura. “For webinars, events, and digital experiences of every shape and size, it’s no longer a question of ‘should I use AI to drive better results’, but rather ‘how far can AI take my event’, and we are committed to making these experiences much more engaging, hyper-personalized and super impactful.”

    Kaltura Events is an all-in-one, AI-powered platform designed to create, host, manage,  and promote webinars,virtual and hybrid events of all sizes. It powers highly interactive and accessible experiences that set it apart from any other solution. With its real-time AI assistant, attendees’ sentiment analysis, and more, Kaltura Events continuously provides actionable insights to empower organizers looking to boost engagement.   

    Two key new additions drove Kaltura Events to victory, including the Kaltura Genie, an AI-powered agent that enhances event engagement by providing hyper-personalized digital experiences and can answer attendee questions during hybrid events using context-driven responses pulled from event content. Following the event, Genie offers tailored recommendations, automatically generating highlights, summaries, and follow-ups.  

    Additionally, the AI-powered Content Lab identifies key moments from recorded events and generates engaging, digestible content. It produces highlight reels, chaptered summaries, and interactive video quizzes from a single source, maximizing content ROI.  

    “The 15th edition of Eventex Awards has again seen a record-breaking number of entries, which are once again proving that the creativity of the events industry knows no bounds. We feel truly inspired having witnessed ground-breaking projects, all brought to life by exceptional event professionals who continue to push the industry forward. Winning an Eventex award is undoubtedly worth celebrating, so personally and on behalf of the whole Eventex team, I would like to congratulate Kaltura on this truly remarkable achievement,” said Ovanes Ovanessian, Co-founder of Eventex Awards. 

    This year, the Eventex Awards received a record 1239 entries from over 50 countries across six continents, with the number surpassing the previous edition. Major represented brands among winning entries include Volvo, L’Oreal, Lufthansa, AUDI, Netflix, Toyota, Nike, and Formula 1.  

    The full list of winners is available here.  

    About Kaltura  

    Kaltura’s mission is to create and power AI-infused hyper-personalized video experiences that boost customer and employee engagement and success. Kaltura’s AI Video Experience Cloud includes a platform for enterprise and TV content management and a wide array of Gen AI-infused video-first products, including Video Portals, LMS and CMS Video Extensions, Virtual Events and Webinars, Virtual Classrooms, and TV Streaming Applications. Kaltura engages millions of end-users at home, at work, and at school, boosting both customer and employee experiences, including marketing, sales, and customer success; teaching, learning, training and certification; communication and collaboration; and entertainment, and monetization. For more information, visit www.corp.kaltura.com.  

    About Eventex Awards 

    Founded in 2009 to celebrate creativity, innovation, and effectiveness in the industry, today Eventex Awards is the most esteemed international awards in the world of events and experiential marketing. Every year, the awards highlight the best events, brand experiences, tech, suppliers, and venues from the world of events. 

    The MIL Network –

  • MIL-OSI: LIS Technologies Inc. Appoints Leading Regulatory Expert Julie Olivier as its Regulatory Affairs and Licensing Director

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, May 27, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that it has appointed Julie Olivier as its Regulatory Affairs and Licensing Director.

    Julie Olivier brings more than twenty‑five years of experience across the commercial energy sector, with primary focus on the nuclear fuel cycle and ash management at coal sites. Her expertise covers environmental protection, facility siting, decommissioning, waste management, risk assessment, security, material control and accountability, quality assurance, performance improvement, emergency preparedness, and chemical safety.

    “This is a really exciting time for the nuclear industry and the US government’s commitment to build back nuclear, including a robust domestic fuel supply chain, suggests that it is only the beginning,” said Julie Olivier, Director of Regulatory Affairs and Licensing of LIS Technologies Inc. “I am delighted to join LIST at this pivotal moment for the Company amidst the nation’s nuclear renaissance. The future of this technology is bright, and I am very excited to help steer it through the licensing process and toward commercialization.”

    Figure 1 – LIS Technologies Inc. Appoints Julie Olivier as its Director of Regulatory Affairs and Licensing.

    Ms. Olivier began her career as a Safety Analyst at the DOE’s West Valley Demonstration Project before spending nine years at the Nuclear Regulatory Commission in Fuel Cycle Safety and Safeguards, New Nuclear Licensing, and the Chairman’s Office. She later became the Regulatory Affairs Manager for Global Laser Enrichment, then Nuclear Fleet Licensing Manager at Duke Energy, where she was promoted to Director within the Coal Combustion Products team. Most recently, she consulted on advanced‑nuclear facility siting and licensing for the Tennessee Valley Authority.

    As Regulatory Affairs Manager, Ms. Olivier secured the NRC’s first license for a uranium laser‑enrichment technology. She holds a Six Sigma Lean Green Belt, a B.S. in Chemistry from the University of New Orleans, and an M.S. in Environmental Engineering from Virginia Tech.

    “We are very pleased to welcome Julie to this critical role in the future of LIST,” said Christo Liebenberg, CEO and Co-Founder of LIS Technologies Inc. “Her depth of experience will be essential as we strengthen our engagement with government, regulatory stakeholders and to help move our CRISLA technology to the next stage of development, while also preparing for commercial deployment. I look forward to working with her as we advance our leadership in U.S. domestic uranium enrichment.”

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of radioisotopes isotopes for medical and scientific research, and the production of stable isotopes with applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In Dec 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:
    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
    Follow us on LinkedIn

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: authID Announces its 2025 Board of Directors Nominees Ahead of Annual Meeting

    Source: GlobeNewswire (MIL-OSI)

    Highly Qualified New Board Nominees Will Strengthen authID’s mission to Drive Growth and Value Creation for Shareholders

    2025 Annual Meeting to be Held on June 26, 2025

    DENVER, May 27, 2025 (GLOBE NEWSWIRE) — authID® (Nasdaq: AUID)(“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, is nominating four highly qualified executives to the Board of Directors (the “Board”), in addition to the nomination of existing directors, included within the 2025 Proxy Statement filed on May 16, 2025. The 2025 Annual Meeting will be held virtually on June 26, 2025, at 10.00 a.m. EDT. 

    The following new Board nominees will be up for election at the Company’s 2025 Annual Meeting:

    Further information about each nominee is included at the end of this release.

    “authID is fortunate to nominate these talented business leaders to our Board,” said Rhon Daguro, authID’s Chief Executive Officer. “Their willingness to serve demonstrates their belief in our mission to deliver market-leading biometric identity authentication solutions in an increasingly AI-driven world. We look forward to benefitting from their leadership as we continue to focus on driving growth and creating value for shareholders.”

    “With AI evolving rapidly and cybersecurity more critical than ever, biometrics will play a foundational role in shaping our digital future,” said Krish Venkataraman, former President of Dataiku, Co-President/Board member of KnowBe4 (prior ticker: KNBE), and CFO of Socure. “authID has taken a truly differentiated approach to biometrics—one that is well-suited for rapid adoption by large enterprises. I’m deeply impressed by what this talented team of identity and fraud prevention experts has achieved in such a short time, and I’m excited to support their continued growth by joining the Board.”

    “I’ve been fortunate to partner with forward-looking tech companies over the years, and I believe that authID can surpass my expectations for innovation and vision,” said Ram Menghani, Past President of NEC Enterprise Communication Technologies. “They can not only compete but transcend other players in bringing biometric assurance to public and private sector organizations and be a truly great global partner for companies like mine who need the confidence of knowing who is behind each and every device. I look forward to helping authID grow and flourish in its next stage of development by joining the Board.”

    “Like the leadership team at authID, I have worked for decades in cybersecurity, so we share the same vision for safeguarding the enterprise, while protecting user privacy,” said Nick Shevelyov, Founder of vCSO.ai. “I am excited to join the Board as I feel they are the right organization at the right time to provide the best of biometric identity security to a market that absolutely requires security and compliance as the cloud continues to expand not only enterprise opportunities but also enterprise risks.”

    “I have placed my confidence in authID’s technology for many years and now we see that authID is expanding its global presence,” said Stephen J. Garchik, President of SJM Partners. “authID’s biometric identity platform is helping an increasing number of organizations securely manage identities across borders and verticals, while maintaining compliance with international laws. I am delighted for the opportunity to join the Board and help the Company in the next phase of its journey.”

    At the meeting, proposals will be submitted to elect directors, ratify the appointment of auditors and ratify an increase in the shares allocated to the 2024 Equity Incentive Plan.

    In addition to recommending the new Board nominees, authID is proposing the election of six of the current directors. Thomas Szoke, Founder and Chief Technology Officer (CTO), will step down as a director at the meeting, in order to focus on his role as CTO to continue enhancing the Company’s technology.

    “On behalf of the Board, I want to thank Tom for his significant contributions to authID as a board director,” added Daguro. “Fortunately, authID will continue to benefit from Tom’s visionary direction and strategic contributions in his continuing critical role as authID’s CTO.”

    Annual Meeting

    The Company has filed its Proxy Statement with the SEC, which explains all the proposals and provides other information about the Company, and is mailing the Notice of Meeting, the Proxy Statement and additional materials related to the Annual Meeting to stockholders. Stockholders who hold their shares through brokerage accounts will receive the materials via their brokers, either through the mail, or electronically depending on their communication preferences.

    The meeting will be held via a webcast. To join the webcast, investors must register in advance here: authID 2025 Annual Meeting Registration. Participants are advised to pre-register with a validated email address. Registrants will receive a confirmation email and calendar notice to add the meeting to your calendar. During the call, attendees will be invited to ask questions through the Q&A option in the Meeting webcast portal.

    Stockholders will be able to view the materials electronically at the Company’s Investor Relations site at 2024 Annual Reports or at www.investorvote.com/AUID.

    Stockholders will also be able to vote electronically, in accordance with the instructions provided in the materials each will receive. Stockholders are encouraged to vote by proxy ahead of the meeting, whether or not they plan to attend the meeting, to ensure their votes are counted.

    Director Nominee Biographies

    Stephen J. Garchik

    Mr. Garchik has been associated with authID for approximately 10 years as a major investor and supporter and now holder of 10% of the outstanding common stock. Since 1997, Mr. Garchik has been President of SJM Partners, a real estate development, design and construction, leasing and management company. SJM Partners owns over 40 retail, commercial and residential properties. Mr. Garchik has over 40 years of management and business experience and serves on the board of several non-profit institutions. He holds a Bachelor of Science and M.B.A. degree from the Wharton School at the University of Pennsylvania. Mr. Garchik’s extensive experience provides authID’s Board with a valuable perspective regarding business management, operations and strategy, in addition to a broad range of business connections.

    Ram Menghani

    Mr. Menghani has been Past President of NEC Enterprise Communications from 2020 to 2025 and is executive advisor to NEC, having joined NEC Corporation of America in 2001, serving in various roles in product management and development. He has over 30 years of global leadership experience in unified communications, product innovation, and digital transformation. Mr. Menghani’s track record includes forging partnerships with major tech players like Microsoft and Oracle, modernizing legacy systems into cloud-based models, and guiding startups to successful exits. Mr. Menghani has deep expertise in product strategy, global markets, and digital innovation and brings his global high tech business partnerships and scaling expertise to the Board.

    Nicholas “Nick” Shevelyov

    Mr. Shevelyov is a cybersecurity executive with 30 years of experience who served as Chief Security and Privacy Officer and later as Chief Information Officer at Silicon Valley Bank from 2007 to 2021. He led key initiatives in cybersecurity strategy, cloud transformation, and modern software delivery there. Mr. Shevelyov was an early design partner to industry leaders like Palo Alto Networks, Zscaler, and FireEye. In 2021, he published “Cyber War…and Peace” and founded and serves as CEO of vCSO.ai, a cybersecurity advisory firm supporting organizations such as Group 42, the Audubon Society, and multiple cybersecurity product companies. He also serves on the Bay Area CSO Council and Cofense boards. Mr. Shevelyov has a bachelor’s degree in Economics from San Francisco State University and an MBA from University of San Francisco School of Management. Mr. Shevelyov’s CSO experience and expertise will provide authID with invaluable insight and experience in relation to its core activities as well as connections in the cybersecurity industry.

    Shrikrishna “Krish” Venkataraman

    Mr. Venkataraman is a seasoned technology and Wall Street executive with a strong track record of leading IPOs, strategic sales, and large-scale corporate transformations. He represents a new generation of multi-disciplinary executives, having served in roles including President, CFO, COO, CAO, and public/private board member. Beyond traditional finance responsibilities — treasury, controllership, M&A, and investor relations — he has led sales, HR, IT, legal, and operations teams with a strong focus on IT and cybersecurity governance. Mr. Venkataraman served as President of Daitaku a leading AI firm, from 2023 to April 2025. Prior to that from 2022 to 2023 he was the Chief Financial Officer of Socure Inc. Mr. Venkataraman served as Co-President and Chief Financial Officer of KnowBe4 Inc. (Formerly Nasdaq: KNBE) a global security platform offering human risk management, from 2018 to 2022 and for a subsequent year as a Board member. Earlier in his career, he held leadership roles at Dealogic Lehman Brothers, NYSE Euronext, American Express, and Deloitte Consulting. Krish holds a B.S. from Carnegie Mellon University and an MBA from Cornell University’s Johnson Graduate School of Management. He brings his high-tech finance expertise to help authID with strategic deals, strategic capital, and generally in matters of corporate finance. 

    About authID Inc.

    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey™ solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem.

    For further information please visit authid.ai

    Investor Relations Contacts
    authID Investor Relations
    investor-relations@authID.ai

    Media Contacts
     Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    The MIL Network –

  • MIL-OSI: New Study Reveals Agriculture as Largest, Most Resource-Intensive Industry on Earth

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 27, 2025 (GLOBE NEWSWIRE) — RA Capital Management’s Planetary Health Team and The Nature Conservancy have released a groundbreaking analysis that exposes agriculture as the most resource-intensive industry on Earth: it’s the leading contributor to methane emissions, a key driver of water pollution, and it uses roughly half of viable land on Earth. As agriculture is often viewed in silos, its $15T scale and opportunity are often overlooked. The just-released Agriculture Map by RA Capital Management’s Planetary Health team and The Nature Conservancy calls for a systems-level approach to address the urgent risks and transformative opportunities within agriculture through innovation, incentives to change, and direct investment.

    A Media Snippet accompanying this announcement is available in this link.

    The Agricultural Map highlights:

    • Agriculture’s massive footprint means high ROI for broader adoption of best practices: optimizing global yields of staple grains, fruits, and vegetables would allow the world to produce the same amount of food with much less land – freeing up a land area the size of Mexico (~3x the size of Texas).
    • Agriculture produces more methane (a potent greenhouse gas) than any other human activity: Cattle alone produce as much methane as oil, coal, and bioenergy; rice paddies produce more methane than the natural gas industry.
    • Agriculture consumes more water than any other human activity and also causes the most water pollution. Investment in on-field and edge-of-field systems can significantly improve water quality and use. 
    • Fertilizer is important for optimizing crop yields, but fertilizer runoff causes hundreds of billions of dollars worth of losses each year, mostly due to impacts on commercial fishing, tourism, and property values, and creates aquatic dead zones the size of the United Kingdom.

    “Agriculture is the backbone of our global economy, but it’s also the most resource-intensive and environmentally demanding industry on Earth. If we are serious about tackling climate change, water pollution, and food security, we must rethink how we grow, produce, and manage our resources. Sustainable solutions are not just an option – they are a necessity to transform agriculture into a cleaner, more efficient, and resilient industry that can feed the world for generations to come,” noted Kyle Teamey, managing partner, RA Capital Planetary Health.

    Details within the Agriculture Map provide decision-makers with the knowledge they need to navigate the future of agriculture, from sustainable investment strategies to policy reform and innovation in farming technologies. The findings challenge conventional wisdom and call for urgent and coordinated attention from businesses, investors, governments, and philanthropic organizations. The map is a culmination of extensive research led by RA Capital and The Nature Conservancy. It combines proprietary data analysis with a systems-level approach to visualize and communicate the scale and interconnectedness of global agriculture’s planetary impacts while highlighting a range of potential solutions for select problems.

    “The environmental and human health challenges posed by the food system are well-understood in some circles but making this information material and actionable to stakeholders can be a real challenge,” said Stephen Wood, Senior Scientist of Agriculture and Food Systems at The Nature Conservancy. “This map makes it possible for non-experts to quickly understand the scope and scale of the problem, as well as the solutions.”

    The full map is available for download at Agriculture: Hiding in Plain Sight. 

    About RA Capital Management 

    Founded in 2004, RA Capital Management is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies. RA Capital creates and funds innovative companies, from private seed rounds to public follow-on financings, allowing management teams to drive value creation from inception through commercialization and beyond. RA Capital’s knowledge engine is guided by its TechAtlas internal research division, and Raven, RA Capital’s healthcare incubator, offers entrepreneurs and innovators a collaborative and comprehensive platform to explore the novel and the re-imagined. RA Capital has more than 150 employees and over $10 billion in assets under management. 

    RA Capital’s Planetary Health team focuses on creating and funding companies that commercialize scalable, profitable solutions to reduce emissions, increase resource availability, and restore environmental quality, because solutions that heal the planet will yield both healthy people and healthy profits. 

    About The Nature Conservancy

    The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. The Nature Conservancy is working to make a lasting difference around the world in 81 countries and territories (40 by direct conservation impact and 41 through partners) through a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit nature.org or follow @nature_press on X.

    Media Contact:

    Alex Banat for RA Capital

    racapital@v2comms.com

    The MIL Network –

  • MIL-OSI: Zscaler to Host Innovations Briefing for Investors at Zenith Live 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., May 27, 2025 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that the company will host an innovations briefing for investors on June 3, 2025. The briefing will take place in Las Vegas, Nevada, during the company’s Zenith Live 2025 event.

    Zscaler Investor Innovations Briefing – Zenith Live 2025
    Tuesday, June 3, 2025
    11:30 a.m. PT (2:30 p.m. ET)

    The briefing is scheduled to conclude before 2:00 p.m. PT (5:00 p.m. ET).

    A live webcast and replay will be available on the Investor Relations section of the Zscaler website at https://ir.zscaler.com.

    About Zscaler

    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

    Zscaler™ and the other trademarks listed at https://www.zscaler.com/legal/trademarks are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

    Media Relations Contact:
    Pavel Radda
    press@zscaler.com

    Investor Relations Contact:
    Ashwin Kesireddy
    ir@zscaler.com

    The MIL Network –

  • MIL-OSI: Cajo Technologies Secures Investment to Accelerate Global Expansion of Sustainable Laser Marking Solutions

    Source: GlobeNewswire (MIL-OSI)

    KEMPELE, Finland, May 27, 2025 (GLOBE NEWSWIRE) — Cajo Technologies, a leading Finnish developer of advanced laser marking solutions, has secured investment from Emerald Technology Ventures to scale the global rollout of its patented marking technologies. The round will support Cajo’s mission to redefine industrial marking with more sustainable, efficient, and cost-effective alternatives to traditional ink-based and labelling systems.

    Driving Sustainable Transformation in Packaging and Manufacturing

    Cajo offers complete and easy-to-use solutions for traceability and product marking optimized for industrial production processes. Long-lasting and maintenance-free solutions have been developed to replace traditional marking methods such as inkjet, print, label, etching, and painting technologies.

    Cajo’s intelligent technology makes it possible to implement high-quality machine-readable traceability markings that last throughout the product’s life cycle even in challenging conditions. Cajo’s sustainable laser technology offers manufacturers an over 90 % reduction of the carbon footprint of industrial labelling compared to for example inkjets thanks to additive-free technology.

    Cajo’s systems are already deployed across industries in more than 80 countries to market leaders in various industries including metal, cable, wire, battery, medical, wood, packaging, and end products. Among these market leaders are industrial players across diverse sectors, including PepsiCo, SSAB, Fiskars, and Prysmian.

    The Growing Need for Sustainable Packaging Marking

    Traditional marking methods such as inkjets rely on consumables that generate waste and fail to meet increasingly high industry standards and strict environmental regulations. As businesses strive to meet sustainability targets and regulatory requirements, the demand for innovative, cost-effective, and environmentally friendly marking solutions has never been higher.

    Cajo’s solutions cater to forward-thinking stakeholders in the industry looking to significantly improve production processes while lowering operational costs.

    Fueling the Next Phase of Global Growth

    The Series B investment will be used to accelerate commercial scale-up in key markets including Europe, India, and North America. Cajo will invest in its international sales operations, strengthen its customer success capabilities, and expand production capacity in line with demand from major accounts and partners.

    “This investment marks a pivotal milestone in our journey,” said Niko Karsikas, CEO and Founder of Cajo Technologies. “With Emerald by our side, we are well-positioned to scale our impact, bring MakeBright™ and other innovations to new geographies, and continue supporting our industrial partners with reliable, traceable, and eco-friendly marking technologies.”

    “We are thrilled to partner with Cajo to accelerate the transition to sustainable packaging,” said Fredric Petit, Partner at Emerald. “Cajo’s technology is not only a powerful enabler of traceability and eco-efficiency but also commercially validated by global industry leaders.”

    About Emerald Technology Ventures

    Emerald is a globally recognized venture capital firm, founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with four current funds, hundreds of venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups.

    Bold Ideas. Bright Future. www.emerald.vc

    CONTACT FOR EMERALD:

    info@emerald.vc

    Cajo Technologies: Pioneering Sustainable Product Marking

    In an era where sustainability is a key driver of industrial innovation, Finnish SME Cajo Technologies Ltd. is revolutionizing product marking with its patented laser solutions. By eliminating the need for ink, labels, and chemicals, Cajo provides an eco-friendly and cost-efficient alternative to traditional marking methods.

    Headquartered in Kempele, Finland, with subsidiaries in India, Cajo Technologies is rapidly expanding its global presence. The company offers comprehensive, easy-to-use solutions for traceability and product marking, leveraging proprietary software and patented technology. Fully optimized for industrial production, Cajo’s marking solutions seamlessly integrate into existing manufacturing processes, significantly reducing maintenance and operational costs.

    Beyond efficiency, Cajo’s technology ensures high-precision traceability markings, even in the harshest industrial environments, while reducing the carbon footprint by up to 90%. This sustainable alternative allows companies to eliminate consumables and harmful additives from their production, aligning with the growing demand for zero-waste manufacturing solutions.

    With a trusted presence in over 80 countries and partnerships with global industry leaders, Cajo Technologies is setting a new benchmark in sustainable manufacturing. By combining innovation with environmental responsibility, the company demonstrates that sustainability and profitability can go hand in hand.

    Cajo MakeBright™: A Game-Changer in Cardboard Marking

    Cajo MakeBright™ introduces a revolutionary way to produce precise and permanent product markings on cardboard with unparalleled sustainability. The patented technology allows for markings without the use of ink, glue, ribbons, or labels, which not only simplifies the recycling process but also enables significant cost savings.

    Cajo MakeBright™ supports both 1D and 2D codes, ensuring maximum readability and achieving A-grade results in compliance with ISO 29158 (AIM-DPM). By eliminating unnecessary materials, MakeBright™ enhances sustainability, streamlines production efficiency, and reduces operational costs. The technology operates without additives, removing the need for single-use plastics and simplifying cardboard recycling. Additionally, it reduces SKU typically over 70%, minimizes stockholding requirements, and decreases supply chain disruptions.

    Choose Cajo for intelligent product marking.

    CONTACT FOR CAJO:

    info@cajotechnologies.com

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c36cf048-5807-4cf6-9ad6-bf5080be9471

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8696e5ec-11ca-4d6a-a4e5-96a0172b745a

    The MIL Network –

  • MIL-OSI: Ascent Solar Technologies Signs Master Services Agreement to Provide NOVI Space with Rollable PV Array Blankets for Launch in 2026

    Source: GlobeNewswire (MIL-OSI)

    THORNTON, Colo., May 27, 2025 (GLOBE NEWSWIRE) — Ascent Solar Technologies (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced the signing of a Master Services Agreement with NOVI Space, Inc. (“NOVI”), a Virginia-based space company that develops and operates AI-powered satellites with their TRL-9 edge computing technology.

    Ascent has been contracted to provide rollable PV array blankets to NOVI to deliver real-time Earth Observation insights directly from space. NOVI plans to utilize the Company’s lightweight, rollable solar technology in their AI edge processing constellation, scheduled for launch in early 2026. As part of the supply agreement, NOVI will provide Ascent with solar array operational performance data from orbit. This allows the Company to rapidly iterate and validate product enhancements for future missions and continue to build upon years of R&D and specialty engineering for products suitable to thrive in the rigors of space.

    “Having a high technology readiness level isn’t enough assurance for discerning space operators, a challenge that Ascent can uniquely address with our thin-film photovoltaic production solutions,” said Paul Warley, CEO of Ascent Solar Technologies. “The ability to reliably deliver power on shorter installation timelines removes solar arrays as a barrier to completion for mission schedules, allowing constellations of spacecraft to be completed sooner. Ascent combines both high TRL and MRL with mission-enabling features, helping partners like NOVI to do more, faster and with greater confidence.”

    Ascent has the capabilities to deliver mission-optimized solar array solutions based on CIGS PV products already developed with spaceflight heritage. Its high-maturity CIGS PV products in manufactured in its 5MW production facility in Thornton, CO enables delivery of arrays in just 6-8 weeks, versus market competition that typically struggles to meet aggressive delivery schedules and strives for 9–12-month lead times. Ascent’s recent pair of orders received for spaceflight hardware assemblies are on schedule to be completed and delivered by the Company this summer.

    “We are glad to have found a partner in Ascent that is able to provide plug and play arrays for our current bus, enabling NOVI to launch its first set of commercial satellites in Q1 of 2026. We look forward to incorporating Ascent’s new, rollable technology into our constellation,” said Scott Steffan, CRO and Co-Founder of NOVI Space, Inc.

    About Ascent Solar Technologies, Inc.

    Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent’s photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar’s research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit https://www.ascentsolar.com.

    About NOVI:

    NOVI is a Space AI infrastructure and compute company. In addition to providing the space industry with TRL 9, flight-proven OBCs, NOVI is developing and deploying a constellation of multi-sensor edge-processing satellites for EO, coupled to a full-stack data, algorithm, and intelligence management platform named VISTAsat™. This is an innovative space AI marketplace that provides open-access to our growing satellite network, and enables commercial companies, governments and developers to harness real-time space-based sensors, processors and intelligence, further changing the cost paradigm to drive innovation, create new use-cases and redefine how industries leverage EO.

    Forward-Looking Statements

    Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” including statements about the financing transaction, our business strategy, and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations, and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “will,” “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s filings with the Securities and Exchange Commission including those discussed under the heading “Risk Factors” in our most recently filed reports on Forms 10-K and 10-Q.

    Ascent Solar Media Contact

    Spencer Herrmann
    FischTank PR
    ascent@fischtankpr.com

    The MIL Network –

  • MIL-OSI: MicroAlgo Inc. Explores Optimization of Quantum Error Correction Algorithms to Enhance Quantum Algorithm Accuracy

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, May 27, 2025 (GLOBE NEWSWIRE) — MicroAlgo Inc. Explores Optimization of Quantum Error Correction Algorithms to Enhance Quantum Algorithm Accuracy

    Shenzhen, May. 27, 2025––MicroAlgo Inc. (the “Company” or “MicroAlgo”) (NASDAQ: MLGO), today announced efforts to improve the accuracy and reliability of quantum algorithms by exploring and optimizing quantum error correction algorithms. Quantum error correction algorithms are designed to detect and correct errors in qubits. Due to the fragility of qubits during quantum computation, quantum states are easily affected by various noise and interference. Challenges such as ensuring efficient error correction in large-scale qubit systems and better adapting to the continuously changing error patterns in complex environments lead to errors occurring in qubits.
    MicroAlgo optimizes quantum error correction algorithms by introducing redundant qubits (i.e., auxiliary qubits) and specific measurement operations to detect errors in qubits. It then uses a series of complex operations to correct these errors and restore the correct quantum state. The core of quantum error correction algorithms lies in constructing stable quantum information encoding and efficient mechanisms for error detection and correction, ensuring the accuracy and reliability of quantum computation.
    Quantum Information Encoding: the first step of a quantum error correction algorithm is encoding quantum information. This is typically achieved by introducing redundant qubits—distributing the original quantum information across multiple qubits to form what is known as a quantum codeword. This encoding method allows quantum information to retain enough data, even in the presence of noise and interference, to detect and correct errors. An efficient quantum encoding scheme can enhance the resilience of quantum information to disturbances while maintaining high encoding efficiency.
    Error Detection: after the quantum information has been encoded, the next step is error detection. This is accomplished through specific measurement operations, typically by measuring auxiliary qubits to determine whether errors exist in the quantum codeword. A well-designed, high-sensitivity measurement scheme can accurately detect even subtle errors in qubits. At the same time, the scheme should have strong robustness, allowing it to withstand various types of noise and interference and ensure accurate error detection.
    Error Correction: once an error is detected in a quantum codeword, error correction must be performed. This typically involves a series of complex quantum operations to restore the erroneous qubits to their correct states. Developing an efficient error correction algorithm enables rapid and accurate localization and correction of faulty qubits based on the detected error information. The algorithm should also be highly scalable, allowing it to be applied to quantum computing systems of various sizes.
    Iterative Optimization: after completing one round of error detection and correction, the quantum error correction algorithm undergoes iterative optimization. This step involves continuously repeating the processes of encoding, detection, and correction to progressively reduce the error rate in qubits and improve the accuracy of quantum algorithms. Additionally, the algorithm can dynamically adjust the encoding scheme, measurement protocol, and correction algorithm based on feedback gathered during the iterations, further enhancing the performance of quantum error correction.
    MicroAlgo’s quantum error correction algorithm adopts an efficient quantum encoding scheme that enhances the resistance of quantum information to interference while maintaining high encoding efficiency. This quantum error correction algorithm is highly sensitive, capable of accurately detecting even minor errors in qubits. It also exhibits strong robustness, enabling it to quickly and precisely locate and correct erroneous qubits, and it offers excellent scalability.
    MicroAlgo’s quantum error correction algorithm holds broad application prospects across multiple fields. In the field of quantum communication, the algorithm enhances the anti-interference capability and security of quantum communications, providing strong support for quantum key distribution and quantum-secure communication. In the realm of quantum computing, the algorithm reduces error rates in qubits, thereby improving the accuracy and reliability of quantum algorithms, which strongly supports the promotion and adoption of quantum computing in practical applications. Additionally, the algorithm can be applied in areas such as quantum simulation and quantum optimization, offering new technological tools and solutions for research and development in these domains.

    About MicroAlgo Inc.
    MicroAlgo Inc. (the “MicroAlgo”), a Cayman Islands exempted company, is dedicated to the development and application of bespoke central processing algorithms. MicroAlgo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of MicroAlgo’s services includes algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. MicroAlgo’s ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for MicroAlgo’s long-term development.

    Forward-Looking Statements
    This press release contains statements that may constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of MicroAlgo, including those set forth in the Risk Factors section of MicroAlgo’s periodic reports on Forms 10-K and 8-K filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, MicroAlgo’s expectations with respect to future performance and anticipated financial impacts of the business transaction.

    MicroAlgo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as may be required by law.

    Contact
    MicroAlgo Inc.
    Investor Relations
    Email: ir@microalgor.com

    The MIL Network –

  • MIL-OSI: Check Point to Acquire Veriti to Transform Threat Exposure Management and Reduce Organizations’ Cyber Attack Surface

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., May 27, 2025 (GLOBE NEWSWIRE) — AI-fueled attacks and hyperconnected IT environments have made threat exposure one of the most urgent cybersecurity challenges facing enterprises today. In response, Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced a definitive agreement to acquire Veriti Cybersecurity, the first fully automated, multi-vendor pre-emptive threat exposure and mitigation platform.

    “The acquisition of Veriti marks a significant step toward realizing our hybrid mesh security vision,” said Nadav Zafrir, CEO at Check Point Software Technologies. “It strengthens the Infinity Platform’s open-garden approach, enabling seamless, multi-vendor remediation across the entire security stack. With Veriti, we’re advancing preemptive, prevention-first security – an imperative in today’s AI-driven threat landscape.”

    AI has brought cyber security to a tipping point, enabling the launch of attacks at scale. At the same time, enterprises are hyperconnected, with assets spread across clouds, datacenters, and endpoints, vastly expanding their attack surface. Traditional reactive security is too slow. Veriti continuously identifies, prioritizes, and remediates risk across your multi-vendor environment through automated patching and collaborative threat intelligence, all without disrupting business.

    Founded in 2021, Veriti pioneered the Preemptive Exposure Management (PEM) category—actively discovering and mitigating risks across siloed tools. Veriti continuously monitors logs, threat indicators, and vulnerabilities identified across the environment and propagates protections in real time. With integrations into over 70 vendors, it empowers security teams to detect, understand, and prevent attacks without delay.

    Core capabilities Veriti brings to the Check Point Infinity Platform:

    • Automated, cross-vendor virtual patching: Veriti instantly applies risk-free, non-disruptive protections across dozens of third-party tools, based on vulnerabilities identified by platforms like CrowdStrike, Tenable, and Rapid7, dramatically reducing patching time from weeks to minutes.
    • Real-time threat intelligence enforcement: Veriti verifies threat indicators from any connected tool and automatically orchestrates protection across firewalls, endpoints, WAFs, and cloud platform, enabling fast, coordinated, multi-vendor threat response.
    • Seamless integration with 70+ security vendors: Built with a fully API-based architecture, Veriti integrates into existing environments without agents or disruption, supporting the broadest security ecosystem in the market.
    • Stronger synergy with Wiz: Veriti ingests Wiz’s cloud exposure insights, such as vulnerable, unpatched cloud servers or applications, and enables automatic, safe virtual patching of those assets through Check Point gateways (and other vendors’ as well), enhancing Check Point’s ability to execute on its strategic partnership with Wiz.
    • Safe, context-aware remediation: Veriti analyzes each customer’s environment, including exposures, configurations, and existing protections, to apply the right controls safely, and without operational impact.

    “Security teams today suffer from a lack of action: exposures aren’t just detected, they’re compounding, hiding in the gaps between tools, teams, and timelines,” said Adi Ikan, CEO and co-founder of Veriti. “We founded Veriti to help organizations not just see risk, but remediate it safely, at scale, and most importantly – without disruption. By joining Check Point, we’re accelerating that mission. Together, we’ll help organizations reduce their exposure faster through the security tools they already trust.”

    Following the closure of the transaction, Veriti’s capabilities will be integrated into the Check Point Infinity Platform as part of the Threat Exposure and Risk Management offering. Combined with the recently added External Risk Management (ERM) solution, Veriti enhances Check Point’s ability to deliver complete risk lifecycle coverage—proactively managing both internal and external exposures across the entire attack surface.

    The closing of the transaction is subject to the customary closing conditions and is expected to occur by the end of Q2 2025.

    Follow Check Point via:
    LinkedIn: https://www.linkedin.com/company/check-point-software-technologies   
    X: https://www.twitter.com/checkpointsw  
    Facebook: https://www.facebook.com/checkpointsoftware  
    Blog: https://blog.checkpoint.com   
    YouTube: https://www.youtube.com/user/CPGlobal  

    About Check Point Software Technologies Ltd.

    Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.

    Legal Notice Regarding Forward-Looking Statements

    This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking state

    About Veriti
    Veriti is an AI-driven exposure assessment and remediation platform that continuously identifies vulnerabilities, misconfigurations, and exploitability across the entire security stack, on-prem and in the cloud. By leveraging compensating controls and layered defense strategies, Veriti ensures that potential and active threats are proactively managed and safely remediated without disrupting business continuity. Founded in 2021 by Adi Ikan and Oren Koren, Veriti is trusted by enterprises worldwide to instantly reduce risk and streamline exposure assessment and remediation for today’s hyper-connected organizations.

    The MIL Network –

  • MIL-OSI: StepStone Group to Present at the Morgan Stanley US Financials Conference

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP) today announced that Scott Hart, CEO, and Mike McCabe, Head of Strategy, are scheduled to present at the Morgan Stanley US Financials Conference on Tuesday, June 10, 2025, at 2:30 pm ET. A live webcast and replay will be accessible through the StepStone website at https://shareholders.stepstonegroup.com.

    About StepStone

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of March 31, 2025, StepStone was responsible for approximately $709 billion of total capital, including $189 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    1-212-351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    1-203-682-8268

    The MIL Network –

  • MIL-Evening Report: Plea for UN intervention over illegal PNG loggers ‘stealing forests’

    RNZ Pacific

    A United Nations committee is being urged to act over human rights violations committed by illegal loggers in Papua New Guinea.

    Watchdog groups Act Now! and Jubilee Australia have filed a formal request to the UN Committee on the Elimination of Racial Discrimination to consider action at its next meeting in August.

    “We have stressed with the UN that there is pervasive, ongoing and irreparable harm to customary resource owners whose forests are being stolen by logging companies,” Act Now! campaign manager Eddie Tanago said.

    He said these abuses were systematic, institutionalised, and sanctioned by the PNG government through two specific tools: Special Agriculture and Business Leases (SABLs) and Forest Clearing Authorities (FCAs) — a type of logging licence.

    “For over a decade since the Commission of Inquiry into SABLs, successive PNG governments have rubber stamped the large-scale theft of customary resource owners’ forests by upholding the morally bankrupt SABL scheme and expanding the use of FCAs,” Tanago said.

    He said the government had failed to revoke SABLs that were acquired fraudulently, with disregard to the law or without landowner consent.

    “Meanwhile, logging companies have made hundreds of millions, if not billions, in ill-gotten gains by effectively stealing forests from customary resource owners using FCAs.”

    Abuses hard to challenge
    The complaint also highlights that the abuses are hard to challenge because PNG lacks even a basic registry of SABLs or FCAs, and customary resource owners are denied access to information to the information they need, such as:

    • The existence of an SABL or FCA over their forest;
    • A map of the boundaries of any lease or logging licence;
    • Information about proposed agricultural projects used to justify the SABL or FCA;
    • The monetary value of logs taken from forests; and
    • The beneficial ownership of logging companies — to identify who ultimately profits from illegal logging.

    “The only reason why foreign companies engage in illegal logging in PNG is to make money,” he said, adding that “it’s profitable because importing companies and countries are willing to accept illegally logged timber into their markets and supply chains.”

    ACT NOW campaigner Eddie Tanago . . . “demand a public audit of the logging permits – the money would dry up.” Image: Facebook/ACT NOW!/RNZ Pacific

    “If they refused to take any more timber from SABL and FCA areas and demanded a public audit of the logging permits — the money would dry up.”

    Act Now! and Jubilee Australia are hoping that this UN attention will urge the international community to see this is not an issue of “less-than-perfect forest law enforcement”.

    “This is a system, honed over decades, that is perpetrating irreparable harm on indigenous peoples across PNG through the wholesale violation of their rights and destroying their forests.”

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Kingdom: “Stop the excuses and time wasting and just pay up” – pension injustices must be put right

    Source: Party of Wales

    Plaid Cymru calls on the Labour Welsh Government to act on historical pension injustices and support victims of these scandals. 

    In a motion to be debated in the Senedd on Wednesday (21 May 2025), Plaid Cymru has called on the Labour Welsh Government to ‘make the case for action’ on historical pension injustices. Labour’s response was to ‘delete’ the calls. 

    The Plaid Cymru motion notes the significant and long-standing pension injustices, and the inaction of successive UK Governments to rights these wrongs. The motion also calls on the Welsh Government to make representations to the UK Government on these issues. 

    Three examples of pension injustices are highlighted in the motion; 1950s women who have been denied justice by UK Labour, workers from Allied Steel and Wire who have not received the pensions they are owed, and the British Coal staff who were excluded from the Miners Pensions Scheme. 

    Supporters of the motion, such as John Benson, will be in attendance on the day of the debate, to show support for the Plaid Cymru motion, and solidarity with other individuals and groups who have been victims of such injustices.  

    Mr Benson worked for Allied Steel and Wire for 41 years, before finding out in 2002 that he was set to lose his job and pension, to which he had contributed to for 20 years. The situation left Mr Benson ‘on the verge of a nervous breakdown’.  

    John Benson, who has campaigned for years in an attempt to right this injustice on behalf of the Allied Steel and Wire workers, said: 

    “The UK Government had assured us these pensions were safe and fully protected by the law no matter what difficulties their employer faced. How wrong we were to have trusted UK Ministers, as we were lied too, and stitched up for playing by the rules.    

    “Plaid Cymru have been with us from day one, and have never ever given up on us. 

    “The truth is clear for everyone to see: we were robbed of our promised pensions, the UK Government are guilty of the biggest social injustice this country has ever known. It’s about time a Minister stood up in the House of Commons, and told the decent men and women who worked at ASW: ‘we apologise on behalf of all those Ministers past and present who have betrayed the trust you gave them, and will finally pay you the pensions you were promised in full’. 

    “Back date these pensions to when they were due to be paid, plus compensation for all the heartache and suffering it has caused the families. In other words, stop the excuses and time wasting, and just pay up.”  

    Plaid Cymru spokesperson on Finance, Heledd Fychan MS said: 

    “Whether it’s 1950s women, British Coal workers, or ASW staff, both the Conservatives and Labour have rejected their calls for justice. We have come to expect Conservative Governments turning their back on our communities, but these communities will feel betrayed seeing a Labour government reject their calls. 

    “That is the only word to describe Labour’s attitude towards these groups – betrayal. They claimed to stand by our working communities, they claimed to stand with 1950s women. But just as with the workers of Port Talbot, Labour Governments in Cardiff Bay and Westminster have turned their backs on them and have let these injustices remain unresolved. 

    “Plaid Cymru’s position is clear – those affected by pension injustices deserve their calls answered, and deserve justice for the trauma they were forced to endure. Unlike this Labour Government in Wales, that are happy to stay quiet in the face of such injustice, Plaid Cymru will always stand up for those wronged by Westminster’s neglectful attitude towards working communities.” 

    MIL OSI United Kingdom –

  • MIL-OSI: Purpose Investments Inc. Announces Final May 2025 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 27, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final May 2025 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund.

    The following table reflects the final distribution amounts for the month of May. Ex-distribution date is May 28, 2025.

    Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution Frequency
    Purpose USD Cash Management Fund – ETF Units MNU.U US $0.3531 05/28/2025 06/03/2025 Monthly
    Purpose Cash Management Fund – ETF Units MNY $0.2373 05/28/2025 06/03/2025 Monthly
    Purpose High Interest Savings Fund – ETF Units PSA $0.1070 05/28/2025 06/03/2025 Monthly
    Purpose US Cash Fund – ETF Units PSU.U US $0.3495 05/28/2025 06/03/2025 Monthly
               

    About Purpose Investments Inc.

    Purpose Investments Inc. is an asset management company with more than $23 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

    For further information please contact:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    The MIL Network –

  • MIL-OSI: Regula Rolls Out Personal Data Masking Across All Solutions for Easier Privacy Compliance

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., May 27, 2025 (GLOBE NEWSWIRE) — To help organizations stay ahead of tightening data privacy regulations, Regula, a global developer of identity verification solutions, has extended its personal data masking functionality to Regula Forensic Studio (RFS), software that powers forensic devices. This new update helps document experts protect personal data with a single click, meeting growing privacy demands without disrupting workflows.

    Already available in Regula Document Reader SDK, the personal data hiding feature is now also a part of the RFS toolset used by border control officers, forensic professionals, and law enforcement agencies. This means the entire Regula ecosystem—from real-time ID verification to in-depth forensic analysis—now supports robust privacy controls natively.

    Just one click on “Depersonalize” in the RFS menu—and all the personal data in an ID is blurred

    This enhancement comes at a time when compliance is not just a checkbox, but a business-critical imperative. According to Regula’s global survey, 28% of companies cite regulatory compliance as the primary reason for implementing identity verification solutions. Among large enterprises, that figure rises to 35%.

    The new capability allows document experts to easily blur or hide personally identifiable information (PII), such as names, photos, and ID numbers, directly within forensic workflows. This ensures that sensitive data is handled responsibly while meeting strict global requirements like GDPR, CCPA, and others.

    “Regula’s forensic tools are trusted by professionals who handle the most sensitive identity documents, so privacy and compliance can’t be an afterthought,” said Ihar Kliashchou, Chief Technology Officer at Regula. “With one-click data masking now built into our ID verification tools, experts can instantly anonymize personal information during analysis, enabling secure, compliant workflows for audits, training, or database creation, without sacrificing speed or accuracy.”

    What else is new in Regula Forensic Studio?

    In addition to the personal data masking feature, the latest RFS release includes 40+ updates focused on speed, customization, and forensic precision:

    • New analysis tools: Yellow dot analysis for tracing document origins and detecting unauthorized duplicates.
    • Smarter imaging: Per-light-source gamma correction and full-spectrum HDR imaging (not just UV), improving clarity across all materials.
    • Streamlined collaboration: Video screen capture and camera recording capabilities support team training and case reviews.
    • Faster insights: Hyperspectral imaging is now 20% faster without compromising detail.
    • Improved digital zoom: Expanded up to 16x for detailed inspections.
    • Visual reporting: Ability to generate composite images under varied lighting, ideal for expert reports or courtroom presentations.
    • Integrated workflows: Automated document searches in the Information Reference System (IRS) after MRZ reading to reduce manual steps.
    • Flexible video modes: Three options for different examination tasks—real-time viewing without frame skipping, high-resolution capture, and an expanded A4 field-of-view mode.
    • Wider OS compatibility: Now supports Rocky and Debian Linux distributions, expanding deployment options.

    For more information about Regula Forensic Studio and its latest features, please visit Regula’s official website.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the most comprehensive library of document templates in the world, we create breakthrough technologies for document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security, or speed. Regula has been repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at www.regulaforensics.com.

    Contact:
    Kristina – ks@regulaforensics.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2c278b54-ce49-42b8-8633-d089d8c00ee4

    The MIL Network –

  • MIL-OSI: FinWise Bancorp Added to Membership of US Small-Cap Russell 2000® Index

    Source: GlobeNewswire (MIL-OSI)

    MURRAY, Utah, May 27, 2025 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced that it was added as a member of the US small-cap Russell 2000® Index, effective after the US market opens on June 30, 2025 as part of the 2025 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes.

    “We are proud to have been added as a member of the US small-cap Russell 2000® Index, one of the most respected and widely cited performance benchmarks for U.S. small-cap companies,” said Kent Landvatter, Chairman and CEO of FinWise. “As we maintain our focus on executing our business strategy to position FinWise for long-term growth and shareholder value creation, we look forward to continuing to expand our reach within the investment community.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

    For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

    About FinWise

    FinWise provides Banking and Payments solutions to fintech brands. Its existing Strategic Program Lending business, conducted through scalable API-driven infrastructure, powers deposit, lending and payments programs for leading fintech brands. As part of Strategic Program Lending, FinWise also provides a Credit Enhanced Balance Sheet Program, which addresses the challenges that lending and card programs face securing warehouse facilities and managing capital requirements. In addition, FinWise manages other Lending programs such as SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing, which provide flexibility for disciplined balance sheet growth. The Company is also expanding and diversifying its business model by incorporating Payments (MoneyRails ™) and BIN Sponsorship offerings. Through its compliance oversight and risk management-first culture, the Company is well positioned to guide fintechs through a rigorous process to facilitate regulatory compliance.

    https://www.finwise.bank/

    About FTSE Russell, an LSEG Business

    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

    FTSE Russell is wholly owned by London Stock Exchange Group.

    For more information, visit FTSE Russell.

    Contacts

    investors@finwisebank.com 
    media@finwisebank.com 

    The MIL Network –

  • MIL-OSI: Urgently Promotes Michael Port to Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., May 27, 2025 (GLOBE NEWSWIRE) — Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced the appointment of Michael Port as Chief Financial Officer, effective June 6, 2025. Mr. Port assumes the role from Timothy C. Huffmyer, who is stepping down as Chief Financial Officer to pursue other opportunities.

    Mr. Port previously served as Senior Vice President of Finance of Urgently. Prior to joining Urgently, Mr. Port served as Vice President of Finance and Controller of Lordstown Motors Corp. (“Lordstown”), an electric vehicle original equipment manufacturer and innovator, from September 2021 until June 2023, then Mr. Port consulted with Lordstown’s successor company, Nu Ride, Inc. (“Nu Ride”), providing transition services to Nu Ride’s management team. Mr. Port previously served as Chief Financial Officer of Energy Focus Inc., a manufacturer of LED lighting products and as an operational and strategic advisor to various manufacturing and service companies through MHPort Consulting LLC.

    “We are delighted to have Mike join Urgently at this very exciting time in our Company’s growth,” said Matt Booth, CEO of Urgently. “Mike’s wealth of experience in various senior level financial positions across the automotive industry and other high growth industries make him a great match for Urgently. We appreciate Tim’s many contributions to Urgently, are grateful for his extended help in transition and wish him all the best in his future endeavors.”

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

    For media and investment inquiries, please contact:

    Press: media@geturgently.com

    Investor Relations: investorrelations@geturgently.com

    The MIL Network –

  • MIL-OSI Africa: APO Group Reveals its Role as Architect Behind Catholic Church in Africa’s Groundbreaking Communications Volunteer Programme

    Source: Africa Press Organisation – English (2) – Report:

    APO Group Reveals its Role as Architect Behind Catholic Church in Africa’s Groundbreaking Communications Volunteer Programme The volunteer task force includes African PR Professionals currently working in major corporations and international NGOs ACCRA, Ghana, May 27, 2025/APO Group/ — APO Group (www.APO-opa.com), a leading award-winning pan-African public relations and communications consultancy, has strategically unveiled a volunteer communications programme comprising experienced communication professionals to support the Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) (www.SECAM.org), the governing body of the Roman Catholic Church in Africa. This groundbreaking initiative, developed and launched by APO Group aims to enhance the Roman Catholic Churches ability to communicate effectively and engage with communities across the African continent. The Catholic Church operates 82,235 Catholic Schools in Africa, educating 30,629,476 pupils. Its extensive network of care includes 13,880 facilities such as hospitals, clinics, dispensaries, leprosy centres, homes for the elderly and chronically ill, centres for disabled people, orphanages, kindergartens, and marriage counselling centres. APO Group and SECAM, the governing body of the Roman Catholic Church in Africa, first entered into their partnership in May 2022 with the shared goal of enhancing media and public relations support for the Catholic Church in Africa. Not only did APO Group conceive the volunteer programme but it also assembled a team of elite, well-experienced African communications professionals. The professionalization of SECAM’s communications capabilities extends beyond standard capacity-building. This initiative includes the development and delivery of a strategic communications framework that aligns with SECAM’s core mission and long-term objectives. The effort also builds upon APO Group’s previous collaborations with the Church, which include the creation and roll-out of a comprehensive communications curriculum and tailored training programme for Catholic institutions across Africa. The volunteer communications team will focus on key priorities, such as:

    • Crafting and executing a long-term communications strategy for SECAM to strengthen the voice of the Roman Catholic Church and increase awareness of its work across Africa.
    • Enhancing media relations to amplify the Church’s presence.
    • Designing effective visibility tools to connect with diverse stakeholders across Africa and beyond.

    Several talented professionals have already joined the SECAM Communications Volunteer Programme, bringing a wealth of expertise and a shared commitment to advancing the Church’s mission across Africa. Among them are Catherine Njoroge (https://apo-opa.co/3HapeKg), Head of Marketing and Strategy, who plays a role in shaping long-term plans to strengthen the Church’s visibility; Nyarai Chapingidza (https://apo-opa.co/4myd1PT), Digital MarComm Manager, who drives efforts to boost SECAM’s online presence; Lucy Kimani (https://apo-opa.co/4mxTKhp), Director of Communications and Advocacy, who steers impactful storytelling and advocacy campaigns; and Eunice Chege (https://apo-opa.co/4dw97mi), Communications Advisor, who contributes her extensive experience in developing and implementing communication strategies. Additionally, professionals joining in the business support functions include Majina Mwasezi (https://apo-opa.co/45pvSq3), Project Coordinator; Pauline Lugalia (https://apo-opa.co/4mAchd2), Executive Assistant to the Head of the Catholic Church in Africa; and Anne Nasumba (https://apo-opa.co/3ZBRqMp), Marketing and Communications Coordinator. Rose Thuo (https://apo-opa.co/4dDCMu0), who joined the programme as Chief of Marketing and Communications, said: “We are witnessing a remarkable convergence of talent and purpose. Each volunteer brings something unique to the table, and together, we are building a communications foundation that will serve the African Catholic Church for years to come.” There is an urgent and immediate need for candidates with HR and recruitment, as well as Graphic Design and website management experience to join the Roman Catholic Church in Africa’s volunteer programme. Individuals with this expertise are encouraged to apply and support the Church’s mission by strengthening its operational capacity across the continent. Interested volunteers are encouraged to apply through the official link: https://apo-opa.co/4dTxLxL. “This pro bono initiative reflects APO Group’s commitment to supporting impactful organisations across Africa. Many high-impact organisations (including NGOs) in Africa face financial barriers to establishing strong communication systems. This should never impede their ability to be seen and heard,” said Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com), Founder and Chairman of APO Group. “Through initiatives like this volunteer programme, we strive to bridge that gap—delivering professional support to elevate their messaging and outreach at the highest possible level.” “Africa is now the future of the Roman Catholic Church,” said Cardinal Fridolin Ambongo, the President of SECAM. “As our communities continue to grow, it becomes ever more important to amplify our voice and share our mission with the world. “We are grateful to APO Group for their support and expertise in making this vision a reality. Their role in designing and implementing this initiative has been invaluable. APO Group’s dedication to empowering impactful organisations aligns perfectly with our mission, and their contribution will undoubtedly leave a legacy in the Church’s journey toward greater visibility and engagement worldwide.” As part of its ongoing partnership with the Roman Catholic Church in Africa, APO Group has delivered a comprehensive range of support initiatives, including complimentary pan-African press release distribution and media monitoring, extensive online and in-person media training for over 22 communication professionals across the continent, and the provision of Zoom licences to Episcopal and Regional Episcopal Conferences. APO Group Founder and Chairman has personally led training sessions and held strategic meetings with Church dignitaries in several African countries to assess further areas of support. Furthermore, a volunteer programme launched in 2024 is now active, enhancing operational assistance for the Church throughout Africa. According to recent data from the Vatican, there are 1.39 billion Catholics worldwide, representing around 18% of the world’s population. Africa’s 236 million Catholics already make up about 20% of the global Catholic population, but they are also the fastest-growing region in the world. By 2050, the World Christian Database estimates that African Catholics will make up 32% of the global Catholic population. According to the United Nations’ 2022 State of the World’s Volunteerism Report, there are an estimated 862.4 million volunteers globally. Engaging in volunteerism offers individuals a unique opportunity to gain practical, hands-on experience, enhance their professional profiles, and develop valuable skills through impactful service. This is a joint press release from APO Group and the Symposium of Episcopal Conferences of Africa and Madagascar (SECAM). Distributed by APO Group on behalf of APO Group. Media contact: marie@apo-opa.com About APO Group: Founded in 2007, APO Group (www.APO-opa.com) is the leading award-winning pan-African communications consultancy and press release distribution service. Renowned for our deep-rooted African expertise and expansive global perspective, we specialise in elevating the reputation and brand equity of private and public organisations across Africa. As a trusted partner, our mission is to harness the power of media, crafting bespoke strategies that drive tangible, measurable impact both on the continent and globally. Our commitment to excellence and innovation has been recognised with multiple prestigious awards, including a Provoke Media Global SABRE Award and multiple Provoke Media Africa SABRE Awards. In 2023, we were named the Leading Public Relations Firm Africa and the Leading Pan-African Communications Consultancy Africa in the World Business Outlook Awards, and the Best Public Relations and Media Consultancy of the Year South Africa in 2024 in the same awards. In 2025, Brands Review Magazine acknowledged us as the Leading Communications Consultancy in Africa for the second consecutive year. They also named us the Best PR Agency and the Leading Press Release Distribution Platform in Africa in 2024. Additionally, in 2025, the Davos Communications Awards 2025 awarded us the Gold Award for Best PR Campaign and the Bronze Award for Special Event. APO Group’s esteemed clientele, which includes global giants such as Canon, Nestlé, Western Union, the UNDP, Network International, African Energy Chamber, Mercy Ships, Marriott, Africa’s Business Heroes, and Liquid Intelligent Technologies, reflects our unparalleled ability to navigate the complex African media landscape. With a multicultural team across Africa, we offer unmatched, truly pan-African insights, expertise, and reach across the continent. APO Group is dedicated to reshaping narratives about Africa, challenging stereotypes, and bringing inspiring African stories to global audiences, with our expertise in developing and supporting public relations campaigns worldwide uniquely positioning us to amplify brand messaging, enhance reputations, and connect effectively with target audiences. About the Symposium of Episcopal Conferences of Africa and Madagascar (SECAM): The Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) (www.SECAM.org) was born out of the decision of the African Bishops during the Second Vatican Council (1962-1965) to establish a forum in which they could speak with one voice on matters pertaining to the Church in Africa. The establishment of SECAM is therefore the result of the Bishops’ resolve to build a continental structure in order to bring forth the African vision to the whole Church. Seeing the importance of such an Association for Africa, the Congregation for the Evangelisation of the Peoples invited the Presidents of the Regional Episcopal Conferences for consultations in 1968. Consequently, the first visit of a Pope to Africa, in modern times, was seen as a very opportune occasion for the launch of the Symposium of Episcopal Conferences of Africa and Madagascar. This was therefore done during the visit of His Holiness Pope Paul VI in Kampala (Uganda) in July, 1969. Thereafter, it was agreed to establish the Headquarters / Secretariat of SECAM in Accra, Ghana. There are three official languages of SECAM, namely, English, French and Portuguese. SECAM functions through eight regional conferences, each made up of a cluster of national episcopal conferences.

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    MIL OSI Africa –

  • MIL-OSI United Kingdom: Household Support Fund us available to support residents in Preston

    Source: City of Preston

    Preston City Council has secured additional funding through the Household Support Fund to continue supporting local residents, following its conclusion of the sixth round of funding in March 2025. This vital fund has been in place for several years to assist those most affected by the ongoing rise in living costs.

    Applications for the latest round will open Monday 27 May, and close on 31 March 2026 or until the funds have been exhausted.

    Councillor Peter Kelly, cabinet member of communities, social justice and night-time economy, said:

    “We’re delighted that we can continue this scheme and help those who need help and support to Preston residents. I would urge all eligible residents in need of help and assistance with energy and water bills, food and essential items to apply.”

    The Household Support Fund is designed to help the households in greatest need, particularly families with children, older residents and anyone facing hardship with essential living costs such as food, energy and water bills. Special consideration will be given to supporting low-income households with energy costs during this period.

    The Household Support Fund has helped keep the Food Banks/Hubs in Preston operating and has helped through each round of the scheme.

    The scheme can provide short-term assistance with essential living expenses, including food, utility bills, essential household appliances and more. Where larger items like fridges or washing machines are needed, these will be purchased through the fund and delivered directly to the applicant.

    In addition to direct support, as part of our preventative support, the scheme offers guidance and referrals to other local services, ensuring residents receive the assistance they may need including help with finances, debt, and welfare benefits to improve longer-term financial security.

    To apply, applicants must live within the Preston City Council area with only one application per household will be considered. The fund is open to anyone vulnerable or struggling to cover essential costs.

    It’s important to note you do not need to be receiving benefits to qualify for help through this fund — and any payments received will not affect existing benefits.

    For full details on how to apply and eligibility, see Household Support Fund.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Delegation visits F.E. McWilliam Gallery & Studio to view progress on £4.4m expansion

    Source: Northern Ireland City of Armagh

    With the £4.4m expansion of the F.E. McWilliam Gallery & Studio now underway, Lord Mayor Councillor Sarah Duffy, joined by Council Chief Executive Roger Wilson and Gallery Curator and Manager Dr Riann Coulter, welcome Jenny Martin and Ryan Donaghy from the NI Team representing the UK Government’s Ministry of Housing, Communities and Local Government to view progress on this key infrastructure project.

    Lord Mayor of Armagh City, Banbridge and Craigavon Borough Councillor Sarah Duffy, in her final week in office, hosted a delegation visit to the F.E. McWilliam Gallery & Studio in Banbridge to highlight the progress made on a £4.4m expansion and upgrade of the facility.

    Accompanying her on the Council side were Chief Executive Roger Wilson, Director of Development, Community and Wellbeing Paul Tamati, Head of Tourism, Arts and Culture Brian Johnston, Gallery Curator and Manager Dr Riann Coulter, and Alderman Paul Greenfield.

    They were joined by Jenny Martin and Ryan Donaghy from the NI Team representing the UK Government’s Ministry of Housing, Communities and Local Government. The UK Government provided £3.8m in funding to support this key infrastructure project.

    The Lord Mayor expressed her enthusiasm at seeing this once-in-a-generation project come to life and praised the ambition behind this redevelopment, saying:

    “The F.E. McWilliam Gallery & Studio serves as an important gateway to the borough’s cultural landscape. I am really excited to see our ambitious plans start to take shape as we seek to further capitalise on its A1 location and expand its role as a cultural hub attracting significantly more local, national and international visitors.

    “This project will enable the Council to honour the Banbridge-born, internationally renowned sculptor’s legacy and ensure his work continues to be a source of creativity and inspiration for future generations. I look forward to seeing it come to fruition and boosting tourism across the wider region.”

    The visit provided an opportunity for the delegation to gain valuable insights into the transformative impact that this major expansion will have on the wider community and hear about the Council’s strategic priorities for the accredited museum once it is completed in autumn 2026.

    Even though building work is still in its early stages, those in attendance were able to see first-hand how much progress has been made in a short space of time.

    Planned improvements include a new collection gallery which will make more of F.E. McWilliam’s nationally significant collection of art accessible to the public; a large education and community space; additional storage; an extended shop, café and tourism information; a Changing Places facility; more staff accommodation; a larger car park and two multi-purpose meeting rooms, available for programming and hire.

    This project will not only double the size of the facility but also bring many benefits. These include allowing for a significant increase in visitor capacity; creating a thriving hub for artistic expression, learning and engagement; elevating the visitor experience and ensuring the exhibition space is more welcoming to diverse audiences.

     UK Minister for Local Growth, Alex Norris, said:

    “It is fantastic to hear progress is underway on transforming the internationally renowned F.E. McWilliam Art Centre into a revived cultural hub for the community and really putting Banbridge on the map.

    “The gallery will provide a vital creative space for local people while also boosting tourism, jobs and economic growth across the region.”

    Council officers took the opportunity to express their gratitude to the UK Government for supporting this expansion and to the Wolfson Foundation for providing £200,000 to fit out the new collection gallery and improve interpretation through multi-lingual video guides and accessible tours of the F.E. McWilliam collection in both British and Irish Sign Language.

    The Council is contributing £400,000 towards this project to provide a range of new modern amenities for visitors.

    The gallery will remain open and be accessible to the public throughout much of the 15-month contract period, with a new exhibition featuring the work of Belfast-based painter Barbara Freeman launching on Saturday 14th June 2025.

    For regular updates and further information on this exciting expansion project, visit www.armaghbanbridgecraigavon.gov.uk/femcwilliam.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: An explosion has occurred at a chemical company in eastern China /detailed version-1/

    Translation. Region: Russian Federal

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

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

    JINAN, May 27 (Xinhua) — An explosion rocked a chemical company’s workshop in Gaomi City, east China’s Shandong Province, at noon on Tuesday. Clean-up efforts are underway, local authorities said.

    Upon receiving the report of the explosion, China’s Ministry of Emergency Management immediately dispatched a task force and specialized search and rescue forces, including firefighters, medical experts and industrial safety experts, to assist local departments in rescue work.

    232 local firefighters have already been dispatched to the scene. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: The Central Bank of Kyrgyzstan kept the key rate at 9 percent.

    Translation. Region: Russian Federal

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

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

    Bishkek, May 27 /Xinhua/ — The board of the National Bank of Kyrgyzstan on Monday decided to keep the key rate at 9 percent, the National Bank’s website reported on Tuesday.

    As noted, despite external challenges, Kyrgyzstan continues to demonstrate high economic activity. In January-April 2025, the country’s real GDP growth amounted to 11.7 percent in annual terms. In the structure of GDP growth, the main positive contribution is provided by such sectors as services, construction and industry. Consumer demand remains elevated as a result of the continuing growth in real incomes of the population, while an increase in investment activity is observed.

    Price dynamics in Kyrgyzstan remain within moderate limits. Consumer prices have increased by 2.9 percent since the beginning of 2025, while the annual inflation rate was 7.7 percent.

    The interbank money market remains active. The domestic foreign exchange market remains relatively stable, with exchange rate flexibility maintained as a result of market-driven formation of supply and demand for foreign currency. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: PINE GROVE – Shapiro Administration to Tour Schuylkill County Dairy Farm Where Commonwealth Investments in Planning, Innovation are Feeding Farm Success

    Source: US State of Pennsylvania

    May 27, 2025 – Pine Grove, PA

    ADVISORY – PINE GROVE – Shapiro Administration to Tour Schuylkill County Dairy Farm Where Commonwealth Investments in Planning, Innovation are Feeding Farm Success

    Agriculture Secretary Russell Redding will announce a significant increase in the amount available to farmers statewide to support strategic business planning. The announcement will be made at Jersey Acres Farms, a Schuylkill County family farm that has taken advantage of state support from Farm Vitality Grants and an Agricultural Innovation Grant to fund critical planning and robotic technology that will keep their farm thriving in the future.

    Media are invited to tour the farm’s dairy along with Sec. Redding and fourth-graders from Blue Mountain Elementary West. Students will see first-hand how technology works on a modern dairy farm to make the dairy products they enjoy safe and healthy.

    The event will highlight Shapiro Administration investments supporting the future of family farms across Pennsylvania and creating opportunities for rural communities to succeed. Governor Josh Shapiro’s 2025-26 budget proposes an increase of $13 million to the historic Agriculture Innovation Grant program to help farms across Pennsylvania compete and succeed.

    WHO:
    Agriculture Secretary Russell Redding
    Agriculture Deputy Secretary for Farm, Food, and Market Access Heidi Secord
    Jersey Acres Farms Owner Kent Heffner
    Schuylkill Conservation District Manager Jenna St. Clair

    WHEN:
    Tuesday, May 27 at 10 a.m.

    WHERE:
    Jersey Acres Farm
    1615 Panther Valley Road, Pine Grove, PA 17963

    RSVP:
    Press attending should RSVP with news outlet and photographer and reporter names to aginfo@pa.gov.

    MIL OSI USA News –

  • MIL-OSI China: EU pledges to strike trade deal with US amid tariff twists

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

    The European Commission remains “fully committed” to reaching a trade deal with the United States amid tariff twists, according to a senior European Union (EU) official.

    In a Monday post on social media platform X, European Commissioner for Trade and Economic Security Maros Sefcovic wrote: “The European Commission remains fully committed to constructive and focused efforts at pace towards an EU-US deal,” adding that Brussels would continue to stay in constant contact with Washington.

    His remarks followed his calls with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer.

    On Friday, U.S. President Donald Trump said talks with the 27-member bloc were “going nowhere” and threatened to impose a 50 percent tariff on all EU imports from June 1. European Commission President Ursula von der Leyen phoned Trump on Sunday, after which he agreed to postpone the planned tariff increase until July 9.

    Economists and market analysts have also criticized the unpredictability of U.S. trade policies, noting that such volatility undermines confidence in the U.S. as a reliable trading partner. 

    MIL OSI China News –