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Category: Business

  • MIL-OSI United Kingdom: Cutting edge sustainable tech: the Servita supplier story 

    Source: United Kingdom – Executive Government & Departments

    Case study

    Cutting edge sustainable tech: the Servita supplier story 

    Servita specialises in helping organisations transform so they can thrive at the forefront of science and technology. 

    When Servita set up in the UK in 2016, it had a team of around 30. Now it’s 180 and counting. 

    Servita specialises in helping organisations transform through technology so they can overcome entrenched ways of working and operations. 

    UK managing director Rich Story said: “Keeping ourselves and our customers at the forefront of science and technology, whilst remembering it is people that remain at the centre of transformation, is our modus operandi.”

    Servita’s key capabilities including user-centred design, where the company has strong links to the Government Digital Service, and expertise in advanced, highly secure, high performance and sustainable cloud-hosted solutions. Sustainable cloud and carbon net zero are part of Servita’s core technical architecture principles.  

    Artificial intelligence, machine learning and natural language processing are also strong competencies and people in the team have published research papers with Harvard University on natural language and semantic programming. 

    Servita has been active in the Vivace community since 2020. 

    Explaining what attracted the company to the Accelerated Capability Environment (ACE), Story said: “A community of suppliers that gets access to novel problems at the heart of government, facilitated by an organisation that seeks to create an environment to innovate whilst keeping a firm eye on time, cost and outcomes – it really chimed with us.”

    One early major project was working as part of the ACE core team on the UK government’s Covid response, helping drive an innovation agenda as part of strategic objectives. Story said: “Despite the backdrop it was one of the best things I’ve been part of during my career.”

    For a health commission, Servita delivered a digital tool capable of measuring and reporting digital deficit, so an organisation could understand where it stands digitally in relation to industry standards, and how much it would cost to get to where it needs to be. 

    Servita also remains an integral part of ACE’s wider NHS work, where it built and currently maintains a national data information exchange that links all of the secondary care landscape in England to the NHS App. 

    Story said: “We love the efficiency in tendering and speed to impact for delivery. ACE looks to deliver outcomes in 12-15 weeks which is good for government and the taxpayer. 

    “Most of all we love the types of projects ACE give us access to. As a business it’s led to us having some of our best case references and it’s critical for us to be able to give our staff access to projects that really make a difference as it gives us an identity and sense of pride.”

    He added: “Our mission statement is to keep ourselves and our partners at the cutting edge of science and technology with a focus on sustainable solutions for good and delivery excellence. 

    “I can honestly say that ACE and Vivace have enabled us to stay true to this by virtue of the novel and important problem spaces that they give us access to. ACE has introduced us to new customers and also to other like-minded suppliers that we have forged valuable relationships with. 

    “These things have all been significant in shaping our business.”

    Updates to this page

    Published 19 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Former Chinese takeaway owner sentenced after spending money on Apple and Burberry products instead of paying VAT bill

    Source: United Kingdom – Executive Government & Departments

    Press release

    Former Chinese takeaway owner sentenced after spending money on Apple and Burberry products instead of paying VAT bill

    Suspended sentence for bankrupt who defrauded HMRC

    • Former Chinese takeaway owner Zhang Jin Chen sold his house in Portsmouth and spent money from the sale in shops such as Apple and Burberry 

    • Chen knew he owed HM Revenue and Customs (HMRC) more than £43,000 in VAT at the time he made the purchases and other cash withdrawals 

    • The 51-year-old then filed for bankruptcy, claiming he only had £20 in his bank account

    A former Chinese takeaway owner who withdrew thousands of pounds from his bank account and bought items from shops such as Apple and Burberry instead of settling his tax bill has been sentenced. 

    Zhang Jin Chen owed HM Revenue and Customs (HMRC) more than £43,000 in VAT when he sold the house he owned with his then wife in Portsmouth in the autumn of 2020. 

    However, Chen disposed of £107,550 of his proceeds from the house sale without paying HMRC back. 

    The 51-year-old then applied for his own bankruptcy the following summer, claiming he only had £20 in his bank account, and £100 in cash. 

    Chen, of Havant Road, Portsmouth, was found guilty of fraudulently disposing of property as a bankrupt under the Insolvency Act 1986. 

    He was sentenced to 12 months in prison, suspended for 18 months, at Portsmouth Crown Court on Friday 16 May.  

    He was also ordered to complete 150 hours of unpaid work and 10 days of rehabilitation activity. 

    Mark Stephens, Chief Investigator at the Insolvency Service, said: 

    Zhang Jin Chen had the money available to pay the VAT he owed to HMRC twice over following the sale of his house but chose not to do so. Instead, he withdrew huge sums of money in cash and made purchases from the likes of Burberry and Apple. 

    Individuals who are declared bankrupt commit a criminal offence when they put assets out of the reach of creditors in the five years leading up to their bankruptcy. 

    Chen clearly intended to conceal his affairs and defraud HMRC so he could be more than £100,000 better off, instead of little over £60,000 if he had paid his debts.

    Chen ran a Chinese takeaway called Fortune House from an address on Albert Road in Portsmouth. He registered Fortune House as a business with HMRC in February 2012 but did not register it for VAT. 

    HMRC officials visited the takeaway in February 2020, finding evidence that Fortune House should have been VAT registered since December 2012. 

    Chen applied for bankruptcy in July 2021, stating that he knew he owed HMRC £43,876 in VAT but that he could not repay the debts. 

    However, in October 2020, Chen and his ex-wife sold their jointly owned house on Garnier Street in Portsmouth. 

    Over the next two months, Chen withdrew his proceeds of the sale in cash, the largest of which were two withdrawals of £30,000 in November 2020. 

    He also spent more than £3,500 on Apple products in November and December 2020 and a further £880 on a purchase from Burberry nine days before Christmas. 

    Chen signed a five-year Bankruptcy Restrictions Undertaking in March 2022 restricting him from being able to borrow more than £500 without disclosing his bankrupt status.  

    The restrictions also prevent him holding certain roles in public organisations. 

    The Insolvency Service is seeking to recover the funds under the Proceeds of Crime Act 2002.

    Further information

    Updates to this page

    Published 19 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Mayor Welcomes The Worshipful Company of Educators to City for Engagement on Regional Growth and Edu

    Source: Northern Ireland – City of Derry

    Mayor Welcomes The Worshipful Company of Educators to City for Engagement on Regional Growth and Edu

    19 May 2025

    The Mayor of Derry City and Strabane District Council welcomed The Worshipful Company of Educators into the Guildhall for a special meeting as part of their weekend-long trip to the city.

    The delegation of 36 from The Worshipful Company of Educators visited the city region, stopping off at The Guildhall for a meeting with Mayor Lilian Seenoi-Barr on Friday evening, hearing all about the city and district and enjoying a tour of the Guildhall’s various exhibitions.

    Mayor Barr said she was delighted to welcome the group and hoped they enjoyed their overall trip to the city and wider North-West Region.

    “It was fantastic to meet with The Worshipful Company of Educators and hear all about the work they do, and advocate for. It gave us an amazing opportunity to create connections with the group and raise awareness of all the amazing projects and programmes that are going on in this part of the world. It was also great to highlight the transformative work that is ongoing within the city and increase our own profile on a wider scale.”

    Catherine McGuiness CBE, Master, Worshipful Company of Educators stated, “I’m delighted to be back in Derry, and to bring a delegation from the Educators to see some of the exciting educational and cultural initiatives in the city, hear plans for the future, and visit some of the amazing local sights. As ever, we’ve received a very warm welcome and feel honoured to have been greeted by the mayor”

    During their time in the city, the delegation visited Foyle College, Ulster University and The Playhouse Theatre. The aim of the visit was to learn more about the City Region Growth Deal projects, the North West Tertiary Education Cluster (NWTEC) and the work the Playhouse is doing to deliver creative, innovative, and accessible arts, education and peacebuilding programmes that enrich the lives of many people within the city and district.

    The Worshipful Company of Educators is the 109th livery company of the City of London. Established to raise awareness of and promote the education profession, the Company upholds standards of excellence and integrity within the field. Its membership comprises professionals from all sectors of education, including teachers, trainers, and administrators, providing a forum for members to discuss and exchange views on matters of topical interest.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Delegation of Norilsk Nickel’s Polar Transport Branch visited Polytech

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    A delegation from Norilsk Nickel’s Polar Transport Branch visited Peter the Great St. Petersburg Polytechnic University to discuss cooperation with the Advanced Engineering School of SPbPU “Digital Engineering” and to get acquainted with the competencies of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU.

    The Norilsk Nickel Polar Transport Branch (the successor to the Dudinka Sea Port) is the main regional transport hub, providing for the vital functions of the entire Taimyr Dolgano-Nenets and Norilsk industrial regions. The branch processes 95% of all incoming cargo for the Norilsk Nickel Group of Companies and consumers on the Taimyr Peninsula, and ships its finished products to ships bound for ports in Russia and around the world. The port’s cargo turnover is about four million tons.

    Vice-Rector for Digital Transformation of SPbPU, Head of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov told the guests aboutestablished interaction with the Norilsk Nickel group of companies. Deputy Director for Improvement and Development of Production Activities of the Polar Transport Branch of Norilsk Nickel Sergey Lyashenko gave a presentation of the branch, presenting the main areas of its work and infrastructure.

    Sergey Lyashenko outlined potential areas of cooperation with the Advanced Engineering School of SPbPU “Digital Engineering” based on the tasks and challenges facing the Polar Transport Branch of Norilsk Nickel in the context of the development of the Northern Sea Route by the Norilsk Nickel group of companies and the corresponding increase in port cargo turnover. Among the key tasks, he noted the use of technologies to increase labor productivity and optimize the transfer of operational data to ensure the smooth operation of equipment along the entire port line, taking into account temperature restrictions and terrain. The guest also spoke about the existing barriers to the digitalization of the branch’s activities and the experience of overcoming them.

    Sergey Vladimirovich emphasized the interest in the competencies of the SPbPU PISh in the field of mathematical and computer modeling to solve the problems of automating all processes of the activities of the Polar Transport Branch of Norilsk Nickel, taking into account different scenarios and the state of technological equipment.

    We are interested in establishing cooperation with an authoritative scientific center represented by the Advanced Engineering School of the Polytechnic University, which has experience and knowledge in the field of advanced digital and production technologies, including big data management, mathematical and computer modeling, and can ensure the formation of correct data that we can use to justify certain management decisions, analyze the effectiveness of selected approaches and measures, as well as medium-term and long-term planning, said Sergey Kolesnik, Deputy Director for Commercial Activities of Norilsk Nickel’s Polar Transport Branch.

    Then the meeting participants discussed the vision of the final result of the interaction in the context of building visual analytics for production automation and data management on the state of the branch’s technological infrastructure, and also considered the predicted economic effect of the cooperation. Speaking about lost profits and ways to reduce the economic risks of enterprises, SPbPU Vice-Rector for Digital Transformation Alexey Borovkov gave an example of the work of SPbPU PISh specialists for the Gazprom Pererabotka Blagoveshchensk company following the accident at the Amur Gas Processing Plant on January 5, 2022.

    Every day of the plant’s downtime after the accident brought multimillion-dollar losses to Gazprom. Employees of the SPbPU PISh were involved in the accident investigation, and they prepared a scientific and technical report on its causes. This work not only made a significant contribution to the development of the fuel and energy complex of Russia in terms of preventing similar emergencies at high-tech facilities in the industry, but also proved that the use of advanced digital and production technologies has a positive economic effect, reducing the risk of accidents and preventing lost profits and costs of enterprises, – noted Alexey Ivanovich.

    Deputy Director of the Engineering Center (CompMechLab®) of SPbPU Nikolay Efimov-Soini briefly spoke about the technology of digital twins — the main technology of system digital engineering developed by the PISh SPbPU. Nikolay Konstantinovich described the technology and outlined its key advantages, demonstrated within the framework of joint R&D with representatives of ten industries.

    The participants of the working meeting defined further steps for interaction taking into account competencies and current tasks. They also considered the possibilities of corporate training in production organization technologies and the basics of the Lean Manufacturing concept using the computer simulator of the same name and other products. rulers, developed by specialists of the SPbPU PISh on the CML-Bench®.EDU Digital Platform, which is gradually developing as a separate area of the Digital Platform for the Development and Application of Digital Twins CML-Bench®.

    At the end of the working visit, the guests assessed the capabilities and infrastructure of the Polytechnic Supercomputer Center, which ensures the implementation ofDigital platform for the development and application of digital twins CML-Bench® science-intensive projects of the SPbPU Technological Development Ecosystem with leading high-tech companies and corporations of our country.

    After visiting the Advanced Engineering School of SPbPU “Digital Engineering”, the delegation of the Polar Transport Branch of Norilsk Nickel got acquainted with the competencies and achievements of specialists of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU and discussed possible areas of cooperation in educational and scientific activities in the field of logistics.

    Vice-Rector for Continuing and Pre-University Education at SPbPU Dmitry Tikhonov spoke about the possibility of effective cooperation in creating and implementing advanced training programs for employees of Norilsk Nickel’s Polar Transport Branch, including in a distance learning format, as well as preparing specialized classes of schoolchildren for the company.

    Director of the Higher School of Management of the Institute of Mechanical Engineering, Materials and Transport Olga Kalinina presented the experience of implementing educational projects related to logistics at the Higher School. In addition to training in the bachelor’s degree programs “International Logistics” and master’s degree program “International Logistics Systems”, Olga Vladimirovna noted the additional professional education program “Fundamentals of the Organization and Economics of Production in Metallurgy for Purchasing Management at Mechanical Engineering Enterprises”, successfully implemented jointly with the Higher School of Physics and Materials Technology of the Institute of Mechanical Engineering, Materials and Transport of St. Petersburg Polytechnic University for the Purchasing Directorate of JSC “Power Machines”, as well as the creation of educational cases for the disciplines “Transport Logistics” and “Inventory Management” based on the results of internships of teachers in the Beaton group of companies.

    Deputy Director of the Higher School of Management of the Institute of Mechanics and Technology of Economics and Technology for educational and methodological work Zoya Simakova presented the results of the work carried out in 2023 and 2024 within the framework of project “Harmonization of production needs with the provision of components and materials” by order of JSC Power Machines – the Electrosila plant, andproject “Transformation of purchasing activities of an industrial enterprise”, implemented to reduce the slow-turnover inventory of JSC Power Machines – Leningrad Metal Plant.

    Head of the research laboratory “Management of production systems and business processes” of the Higher School of Management of IPMEiT Dmitry Metkin demonstrated the team’s experience in terms of performing contractual work for industrial customers on technical and economic justification, forming investment activity programs when planning new projects, as well as developing strategies for introducing industrial products to new markets.

    After the working meeting, Sergey Lyashenko, Deputy Director for Improvement and Development of Production Activities of the Polar Transport Branch of Norilsk Nickel, held an interactive master class for students of the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU on the subject “Fundamentals of Logistics of Oil and Gas Enterprises”.

    In conclusion, representatives of the Higher School of Management of the Institute of Industrial Management, Economics and Trade invited the delegation of the Polar Transport Branch of Norilsk Nickel to a tour. The guests inspected the classrooms and laboratories of the Institute of Industrial Management, Economics and Trade, and assessed the capabilities of the computer classes equipped with programs for studying specialized disciplines in logistics.

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

    MIL OSI Russia News –

  • MIL-OSI: Amplify Energy Appoints Clint Coghill to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, May 19, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) today announced that it has appointed Clint Coghill to its Board of Directors (the “Board”) as Lead Independent Director, effective May 16, 2025. In connection with Mr. Coghill’s appointment, the Company entered into a cooperation agreement with Mr. Coghill and his affiliates Stoney Lonesome HF, LP and The Drake Helix Holdings, LLC (collectively, “Stoney Lonesome”), the beneficial owners of approximately 7% of the Company’s outstanding shares.

    Mr. Coghill will serve as a member of the Board’s Compensation Committee and be included in the Board’s slate of nominees up for election at the Company’s upcoming 2025 Annual Meeting of Stockholders.

    “We appreciate the constructive dialogue we have had with Clint and are pleased to welcome him to the Board,” said Chris Hamm, Chairman of Amplify. “We believe Clint’s business and financial expertise and strong shareholder perspective will be invaluable assets to the Company and we look forward to working with him.”

    Clint Coghill, the Chief Investment Officer of Stoney Lonesome, said, “I’m pleased to join the Board of Amplify and look forward to working with Amplify’s Board and management team to help the Company achieve its potential and drive shareholder value.”

    In connection with the cooperation agreement, Stoney Lonesome has agreed to a customary standstill, voting and other provisions. The cooperation agreement will be included as an exhibit to a Current Report on Form 8-K, which the Company will file with the U.S. Securities and Exchange Commission.

    Kirkland & Ellis LLP served as legal counsel to Amplify.

    About Clint Coghill

    Clint Coghill brings more than 30 years of experience as a successful money manager, software entrepreneur, and philanthropist. Mr. Coghill is the Founder of Backstop Solutions Group, LLC, an industry-leading service company redefining the way firms operate in private markets and reshaping the institutional investment industry. From 2003 to 2021, Mr. Coghill served as Chairman of the Board and Chief Executive Officer of Backstop Solutions Group, LLC from 2013 until its sale to ION Analytics in 2021, where he then was the Head of the Investor Segment until early 2025. Prior to that, he served as President and Chief Investment Officer of Coghill Capital Management, LLC. Mr. Coghill currently serves as the chairman of the board of the Coghill Family Foundation and serves on the board of directors of New Moly, LLC. Mr. Coghill holds a B.A. in Business Administration from the University of Arizona and an M.B.A. from the London Business School.

    About Amplify Energy

    Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify’s operations are focused in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), East Texas / North Louisiana, and the Eagle Ford (Non-op). For more information, visit www.amplifyenergy.com.

    Forward-Looking Statements

    This press release includes “forward-looking statements.” All statements, other than statements of historical fact, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Terminology such as “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the Company’s upcoming 2025 Annual Meeting of Stockholders, expectations of plans, goals, strategies (including measures to implement strategies), objectives and anticipated results with respect thereto. These statements address activities, events or developments that we expect or anticipate will or may occur in the future, including things such as projections of results of operations, plans for growth, goals, future capital expenditures, competitive strengths, references to future intentions and other such references. These forward-looking statements involve risks and uncertainties and other factors that could cause the Company’s actual results or financial condition to differ materially from those expressed or implied by forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include the expectations of plans, strategies, objectives and growth and anticipated financial and operational performance of the Company and its affiliates. Please read the Company’s filings with the Securities and Exchange Commission (the “SEC”), including “Risk Factors” in the Company’s Annual Report on Form 10-K, and if applicable, the Company’s Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, which are available on the Company’s Investor Relations website at https://www.amplifyenergy.com/investor-relations/default.aspx or on the SEC’s website at http://www.sec.gov, for a discussion of risks and uncertainties that could cause actual results to differ from those in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements in this press release are qualified in their entirety by these cautionary statements. Except as required by law, the Company undertakes no obligation and does not intend to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.

    Contacts

    Amplify Energy

    Jim Frew — Senior Vice President and Chief Financial Officer
    (832) 219-9044
    jim.frew@amplifyenergy.com

    Michael Jordan — Director, Finance and Treasurer
    (832) 219-9051
    michael.jordan@amplifyenergy.com

    FTI Consulting

    Tanner Kaufman / Brandon Elliott / Rose Zu
    amplifyenergy@fticonsulting.com

    The MIL Network –

  • MIL-OSI: CBAK Energy Reports First Quater 2025 Unaudited Financial Results

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, May 19, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”) a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the first quarter ended March 31, 2025.

    First Quater of 2025 Financial Results

    Net revenues1 were $34.9 million, representing a decrease of 41% compared to $58.8 million in the same period of 2024. The substantial decline primarily stems from our Dalian facilities, where a major portion of customers are in the residential energy supply sector. These facilities are currently undergoing a product portfolio upgrade, transitioning from Model 26650 to Model 40135. Customers who previously purchased Model 26650 are now in a transitional phase of testing and validating the new Model 40135. We anticipate a gradual recovery as both existing and potential customers complete the validation of Model 40135.

    Among these revenues, detailed revenues from our battery business are:

    Battery Business   2024
    First Quater    		     2025
    First Quater    		     % Change
    YoY
    Net Revenues ($)   44,837,869     20,363,338     -54.6
    Gross Profits ($)   18,458,522     4,720,102     -74.4
    Gross Margin   41.2 %   23.2 %   –
    Net Income ($)   11,682,429     336,861     -97.1
    Net Revenues from Battery Business on Applications ($)                
    Electric Vehicles   480,181     537,507     11.9
    Light Electric Vehicles   1,510,292     2,844,874     88.4
    Residential Energy Supply & Uninterruptable supplies   42,847,396     16,980,957     -60.4
    Total   44,837,869     20,363,338     -54.6
    1 Net revenues consist of the Company’s self-operated battery business and Hitrans, which was acquired in 2021, an independently managed raw materials business.


    Cost of revenues     was $30.14 million, representing a decrease of 24.7% from $40.0 million in the same period of 2024.

    Gross profit was $4.8 million, representing an decrease of 74.43% from $18.78 million in the same period of 2024. Gross margin was 13.7%, compared to 31.9% in the same period of 2024.

    Operating loss amounted to $2.86 million, compared to an operating income of $10.3 million in the same period of 2024.

    Net loss attributable to shareholders of CBAK Energy was $1.58 million, compared to net income attributable to shareholders of CBAK Energy of $9.8 million in the same period of 2024.

    Basic and diluted loss per share were both $0.02, compared to basic and diluted income per share of $0.11 in 2024.

    Zhiguang Hu, Chief Executive Officer of the Company, commented, “As anticipated, we experienced a significant 41% year-over-year decline in net revenues. This decrease was expected, as Model 26650 — a cell developed in 2006 and still produced at our Dalian facilities — has become largely outdated. Both existing and potential customers are currently transitioning from Model 26650 to the more advanced Model 40135. We are confident that, upon completing the construction of new manufacturing lines for Model 40135 in the second half of this year, and as customers finalize product validation, our revenues will begin to recover gradually.”

    Jiewei Li, Chief Financial Officer and Secretary of the Board, added, “As Mr. Hu emphasized, we expect to recover once the product portfolio upgrade at our Dalian facilities is completed. Meanwhile, our Nanjing facilities continue to experience strong growth momentum, driven by robust market demand for Model 32140, our most advanced and flagship product to date. Additionally, we are in the final stages of securing a long-term order from one of our key customers, which we hope to finalize and share with our shareholders in the near future.”

    Conference Call

    CBAK Energy’s management will host an earnings conference call at 9:00 AM U.S. Eastern Time on Monday, May 19, 2025 (9:00 PM Beijing/Hong Kong Time on May 19, 2025).

    For participants who wish to join our call online, please visit:
    https://edge.media-server.com/mmc/p/wfu5unoh

    Participants who plan to ask questions during the call will need to register at least 15 minutes prior to the scheduled call start time using the link provided below. Upon registration, participants will receive the conference call access information, including dial-in numbers, a unique pin, and an email with detailed instructions.

    Participant Online Registration:
    https://register-conf.media-server.com/register/BIb49b754e574a43e68068965ba0234966

    Once completing the registration, please dial-in at least 10 minutes before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.

    A replay of the conference call may be accessed within seven days after the conclusion of the live call at the following website: https://edge.media-server.com/mmc/p/wfu5unoh

    The earnings release and the link for the replay are available at ir.cbak.com.cn

    About CBAK Energy

    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

    Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management’s current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, that the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, the effects of the global Covid-19 pandemic or other health epidemics, changes in domestic and foreign laws, regulations and taxes, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

    For further inquiries, please contact:

    In China:

    CBAK Energy Technology, Inc.
    Investor Relations Department
    Email: ir@cbak.com.cn

    CBAK Energy Technology, Inc. and Subsidiaries
    Condensed Consolidated Balance Sheets
    As of December 31, 2024 and March 31, 2025
    (Unaudited)
    (In US$ except for number of shares)
     
      December 31,
    2024    		     March 31,
    2025    		  
    Assets          
    Current assets          
    Cash and cash equivalents $ 6,724,360     $ 4,052,010  
    Pledged deposits   54,061,642       43,482,693  
    Term deposits   4,237,090       5,530,030  
    Trade and bills receivable, net   32,938,918       40,835,093  
    Inventories   22,851,027       30,803,486  
    Prepayments and other receivables   20,004,966       17,991,265  
    Receivables from former subsidiary   12,399       9,011  
    Income tax recoverable   566,458       455,342  
    Total current assets   141,396,860       143,158,930  
                   
    Property, plant and equipment, net   85,486,829       84,283,683  
    Construction in progress   42,526,859       51,527,443  
    Long-term investments, net   2,246,494       2,313,725  
    Prepaid land use rights   11,075,973       11,056,715  
    Intangible assets, net   382,962       268,398  
    Deposit paid for acquisition of long-term investments   15,864,318       15,949,095  
    Operating lease right-of-use assets, net   3,237,849       2,906,652  
    Total assets $ 302,218,144     $ 311,464,641  
                   
    Liabilities              
    Current liabilities              
    Trade and bills payable   84,724,386       93,398,948  
    Short-term bank borrowings   26,087,350       29,301,628  
    Other short-term loans   335,715       335,905  
    Accrued expenses and other payables   58,285,635       50,305,373  
    Payable to a former subsidiary, net   419,849       418,211  
    Deferred government grants, current   556,214       559,186  
    Product warranty provisions   23,426       23,000  
    Operating lease liability, current   1,268,405       1,159,373  
    Total current liabilities   171,700,980       175,501,624  
                   
    Long-term bank borrowings   –       4,131,890  
    Deferred government grants, non-current   7,580,255       10,272,610  
    Product warranty provisions   420,688       417,565  
    Operating lease liability, non-current   2,449,056       2,397,859  
    Total liabilities   182,150,979       192,721,548  
                   
    Commitments and contingencies              
                   
    Shareholders’ equity              
    Common stock $0.001 par value; 500,000,000 authorized; 90,083,396 issued and 89,939,190 outstanding as of December 31, 2024; and 90,083,868 issued and 89,939,662 outstanding as of March 31, 2025   90,083       90,083  
    Donated shares   14,101,689       14,101,689  
    Additional paid-in capital   247,842,445       247,869,511  
    Statutory reserves   1,230,511       3,042,602  
    Accumulated deficit   (122,605,730 )     (125,997,055 )
    Accumulated other comprehensive loss   (14,919,345 )     (14,248,434 )
        125,739,653       124,858,396  
                   
    Less: Treasury shares   (4,066,610 )     (4,066,610 )
                   
    Total shareholders’ equity   121,673,043       120,791,786  
    Non-controlling interests   (1,605,878 )     (2,048,693 )
    Total equity   120,067,165       118,743,093  
                   
    Total liabilities and shareholder’s equity $ 302,218,144     $ 311,464,641  

     

    CBAK Energy Technology, Inc. and Subsidiaries
    Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
    For the three months ended March 31, 2024 and 2025
    (Unaudited)
    (In US$ except for number of shares)
     
      Three months ended
    March 31,    		  
      2024     2025  
    Net revenues $ 58,822,432     $ 34,938,901  
    Cost of revenues   (40,041,385 )     (30,137,167 )
    Gross profit   18,781,047       4,801,734  
    Operating expenses:              
    Research and development expenses   (2,815,518 )     (3,023,961 )
    Sales and marketing expenses   (1,724,032 )     (896,050 )
    General and administrative expenses   (4,092,527 )     (3,804,137 )
    Allowance of credit losses and bad debts written off, net   114,013       58,395  
    Total operating expenses   (8,518,064 )     (7,665,753 )
    Operating income (loss)   10,262,983       (2,864,019 )
    Finance income, net   9,663       45,120  
    Other income, net   367,438       712,792  
    Share of (loss) income of equity investee   (18,824 )     55,125  
    Income (loss) before income tax   10,621,260       (2, 050,982 )
    Income tax expenses   (1,048,786 )     –  
    Net income (loss)   9,572,474       (2, 050,982 )
    Less: Net loss attributable to non-controlling interests   263,976       471,748  
    Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc. $ 9,836,450     $ (1,579,234 )
                   
    Net income (loss)   9,572,474       (2,050,982 )
    Other comprehensive income (loss)              
    – Foreign currency translation adjustment   (1,906,048 )     699,844  
    Comprehensive income (loss)   7,666,426       (1,315,138 )
    Less: Comprehensive loss attributable to non-controlling interests   274,223       442,816  
    Comprehensive income (loss) attributable to CBAK Energy Technology, Inc. $ 7,940,649     $ (908,322 )
                   
    Income (loss) per share              
    – Basic $ 0.11     $ (0.02 )
    – Diluted $ 0.11     $ (0.02 )
                   
    Weighted average number of shares of common stock:              
    – Basic   89,925,024       89,938,690  
    – Diluted   90,123,965       89,938,690  

    The MIL Network –

  • MIL-OSI: Qorvo® Announces Intent to Nominate Peter Feld of Starboard Value for Election to the Board at the 2025 Annual Meeting

    Source: GlobeNewswire (MIL-OSI)

    GREENSBORO, N.C., May 19, 2025 (GLOBE NEWSWIRE) — Qorvo® (NASDAQ: QRVO), a leading global provider of connectivity and power solutions, today announced that its Board of Directors (the “Board”) has resolved to increase the size of the Board from nine to ten directors and to include Peter Feld as one of the Company’s director nominees in its proxy statement for the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).

    The Board has also resolved to recommend that stockholders vote in favor of all Company director nominees, including Mr. Feld, at the 2025 Annual Meeting.

    Given the Company’s intention to nominate Mr. Feld, Starboard has agreed to rescind its nomination notice.

    Bob Bruggeworth, President and CEO of Qorvo, said, “Peter shares our goal of driving value for Qorvo shareholders and will bring additional technology industry knowledge and complementary perspectives, adding to our very qualified and experienced Board.”

    “We invested in Qorvo because of the tremendous potential we see in the Company’s strong product portfolio and leading industry position, which provide the foundation for Qorvo to drive continued improvement in growth, profitability, and value creation,” said Peter Feld, Managing Member of Starboard Value LP. “I am pleased to be nominated to the Board and look forward to working collaboratively with my fellow directors and the management team to help Qorvo capitalize on opportunities to drive long-term shareholder value.”

    About Peter A. Feld

    Peter A. Feld is a Managing Member, Portfolio Manager and Head of Research of Starboard Value LP since April 2011 and has significant expertise serving as a shareholder representative on numerous technology company boards that have created substantial value for shareholders. Mr. Feld has substantial experience in corporate finance, best-in-class corporate governance, and a deep understanding of capital markets. Prior to founding Starboard in 2011, Mr. Feld was a Managing Director and Head of Research at Ramius LLC for funds that comprised the Value and Opportunity investment platform. Prior to joining Ramius in February 2005, Mr. Feld was an analyst in the Technology Investment Banking group at Banc of America Securities LLC. Previously, he served as a member of the boards of directors of Gen Digital Inc., a global leader dedicated to powering Digital Freedom through its family of consumer brands, from September 2018 to May 2025; Green Dot Corporation, a financial technology company, from March 2022 to October 2023; GCP Applied Technologies, Inc., a technology company, from June 2020 until it was acquired by Compagnie de Saint-Gobain S.A. in September 2022; Magellan Health, Inc., a healthcare company, from March 2019 until it was acquired by Centene Corporation in January 2022; AECOM, a multinational infrastructure firm, from November 2019 to June 2020; Marvell Technology Group Ltd., a storage, networking and connectivity semiconductor solutions company, from May 2016 to June 2018; The Brink’s Company, a global leader in security-related services, from January 2016 to November 2017; Insperity, Inc., an industry-leading HR services provider, from March 2015 to June 2017; Darden Restaurants, Inc., a full-service restaurant company, from October 2014 to September 2015; Tessera Technologies, Inc. (n/k/a Xperi Corporation), a leading product and technology licensing company, from June 2013 to April 2014; and Integrated Device Technology, Inc., a company that designed, developed, manufactured and marketed a range of semiconductor solutions for the advanced communications, computing and consumer industries, from June 2012 to February 2014. Mr. Feld received a B.A. degree in Economics from Tufts University.

    About Qorvo

    Qorvo (Nasdaq:QRVO) supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure and mobile. Visit www.qorvo.com to learn how our diverse and innovative team is helping connect, protect and power our planet.

    Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners.

    About Starboard Value LP

    Starboard Value LP is an investment adviser with a focused and fundamental approach to investing in publicly traded companies. Starboard seeks to invest in deeply undervalued companies and actively engage with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders. 

    Forward Looking Statements

    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions, and are not historical facts and typically are identified by terms such as “may,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “forecast,” “predict,” “potential,” “continue” and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management’s current judgment and expectations as of the date the statement is first made, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We caution you not to place undue reliance upon any such forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results on a quarterly and annual basis; our substantial dependence on developing new products and achieving design wins; our dependence on several large customers for a substantial portion of our revenue; a loss of revenue if defense and aerospace contracts are canceled or delayed; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs, due to timing of customers’ forecasts; our inability to effectively manage or maintain relationships with chipset suppliers; our ability to continue to innovate in a very competitive industry; underutilization of manufacturing facilities; unfavorable changes in interest rates, pricing of certain precious metals, utility rates and foreign currency exchange rates; our acquisitions, divestitures and other strategic investments failing to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; warranty claims, product recalls and product liability; changes in our effective tax rate; enactment of international or domestic tax legislation, or changes in regulatory guidance; changes in the favorable tax status of certain of our subsidiaries; risks associated with social, environmental, health and safety regulations, and climate change; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches, failed system upgrades or regular maintenance and other similar disruptions to our IT systems; theft, loss or misuse of personal data by or about our employees, customers or third parties; provisions in our governing documents and Delaware law may discourage takeovers and business combinations that our stockholders might consider to be in their best interests; and volatility in the price of our common stock. These and other risks and uncertainties, which are described in more detail under “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 30, 2024, and Qorvo’s subsequent reports and statements that we file with the SEC, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.

    At Qorvo®
    Doug DeLieto
    VP, Investor Relations
    1.336.678.7968

    The MIL Network –

  • MIL-OSI: MEXC Launches Pizza Day Lucky Wheel Event Offering Over $100,000 in BTC and Hot Tokens

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 19, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has announced the launch of the Pizza Day Lucky Wheel event to celebrate Bitcoin Pizza Day. Bitcoin Pizza Day originated on May 22, 2010, when a programmer purchased two pizzas for 10,000 Bitcoins, marking the first real-world transaction using Bitcoin and symbolizing a key milestone in cryptocurrency’s practical application. In this event, users will have the opportunity to share over $100,000 in BTC and other hot tokens.

    Event Details

    The Pizza Day Lucky Wheel event runs from May 19, 12:00 to May 28, 2025, 12:00 (UTC).

    How to Participate

    • Register for the event on the official MEXC platform.
    • Complete the tasks listed on the event page to earn spin chances.
    • Spin the Wheel to win BTC, hot tokens, and other rewards.

    Bonus Offer
    Users who invite friends to join MEXC using a referral code can receive a 10 USDT token gift pack for each friend who registers and completes a task. Each referrer can earn up to five gift packs on a first-come, first-served basis. For more details and to participate in the Pizza Day Lucky Wheel event, please visit here.

    In addition to the Pizza Day Lucky Wheel event, MEXC has launched various regional events to celebrate Pizza Day, providing generous rewards. Details of these events can be found below:

    As a firm believer in the cultural value of crypto, MEXC actively promotes community engagement through creative, culturally inspired events. These initiatives enrich the user experience and help shape a more inclusive and participatory crypto ecosystem.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a5d6bc55-13e5-4c09-8e0a-a6aeb1f78c18

    The MIL Network –

  • MIL-OSI: Fast Payout Online Casinos: JACKBIT Rated Top Casino For Same Day Withdrawals & Wager-Free Bonuses!

    Source: GlobeNewswire (MIL-OSI)

    TUPELO, Miss., May 19, 2025 (GLOBE NEWSWIRE) — The online casino industry is booming, captivating players worldwide with its thrilling mix of entertainment and real-money rewards, solidifying its dominance in the gaming sector. As players seek platforms that combine excitement with instant access to winnings, fast payout online casinos have become essential.

    >>CLICK HERE TO JOIN JACKBIT & CLAIM YOUR 100 FREE SPINS<<

    After thoroughly evaluating numerous platforms for their bonuses, game variety, and withdrawal speeds, we’ve crowned JACKBIT as the ultimate fast payout casino. Its massive library of over 6,500 games and lightning-fast withdrawal system left us astonished, making it the top choice for the best online casino fast payout experience.

    Why Choose Fast Payout Online Casinos?

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    In the fast-paced casino industry, the fastest paying online casinos stand out by eliminating the frustration of long waiting periods, which can diminish the thrill of a big win.

    Fast payout casinos also emphasize secure transactions and transparent processes, making them a trusted choice for real cash payout online casino gaming. By choosing a fast withdrawal online casino, players gain a seamless, rewarding experience that aligns with the modern demand for convenience and reliability. This focus on speed and trust is why fast payout online casinos are shaping the future of online gaming.

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    Why JACKBIT Excels Among Fast Payout Online Casinos

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    >> CLICK HERE TO JOIN JACKBIT TODAY & WITHDRAW YOUR WINNINGS FASTER THAN EVER!<<

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    >>CLAIM YOUR FREE 100 WAGER-FREE SPINS + 30% RAKEBACK!<<

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    Pros and Cons of JACKBIT

    Pros Cons
    Over 6,500 games from top providers Limited fiat withdrawal options in some regions
    Welcome bonus of 100 wager-free spins Some bonuses have high wagering requirements
    Instant crypto withdrawals  
    Supports crypto and fiat payments  
    24/7 customer support  
    Mobile-optimized platform  
    Provably fair games  
    No KYC for crypto users  


    Top Casino Games at JACKBIT

    JACKBIT’s library of over 6,500 titles makes it a standout among fast payout online casinos, offering diverse gaming options for all players.

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    >>CLICK HERE TO PLAY FAN-FAVORITE GAMES ANYTIME<<

    Secure Payment Methods

    JACKBIT offers a variety of secure payment methods, making it an online casino with easy withdrawal for players worldwide.

    Fiat Currency Methods Type
    MasterCard, Visa Credit/Debit Card
    Neteller, Skrill E-Wallet
    Bank Transfer Fiat
    Crypto Methods Type Deposit Time Withdrawal Time
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    Responsible Gambling And Mobile Gaming

    Responsible Gambling

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    JACKBIT’s mobile-optimized platform ensures seamless gaming on smartphones and tablets without requiring an app. From slots to live dealer games, players can access the full experience on the go, making it a top instant withdrawal casino for mobile users.

    Conclusive Thoughts on JACKBIT – The Best Fast Payout Online Casino

    JACKBIT sets the gold standard for fast payout online casinos in 2025, combining a massive game library, generous bonuses, robust security, and instant withdrawals. Its mobile compatibility, diverse payment options, and 24/7 support make it a fast payout casino for players of all levels.

    Whether you’re spinning slots or enjoying live dealer games, JACKBIT delivers unmatched entertainment backed by a commitment to responsible gambling and transparency. Join JACKBIT today to experience why it’s the ultimate destination for fast payout online casino gaming.

    >>CLICK HERE TO PLAY AT JACKBIT & WITHDRAW YOUR WINNINGS INSTANTLY<<

    FAQs About JACKBIT

    1. What makes JACKBIT a leading fast payout online casino?

    JACKBIT’s instant crypto withdrawals and a vast game library make it a top fast payout casino.

    2. Is JACKBIT secure for fast withdrawal online casino gaming?

    Yes, with a Curacao license and SSL encryption, JACKBIT is a safe instant withdrawal casino.

    3. What bonuses does JACKBIT offer as a fast payout casino?

    New players get 100 wager-free spins, plus cashback and tournament rewards.

    4. Can I play JACKBIT’s games on mobile as an instant payout casino?

    JACKBIT’s mobile platform offers seamless access to all games and features.

    5. What payment methods are available at JACKBIT’s fast paying online casinos?

    JACKBIT supports Bitcoin, Ethereum, Visa, Skrill, and more for secure transactions.

    6. How fast are withdrawals at JACKBIT’s fastest online casino payout system?

    Crypto withdrawals are instant, while fiat takes 1-3 days at this same day withdrawal casino.

    Email: support@JACKBIT.com

    Disclaimer

    This article doesn’t claim to be financial or legal advice; in fact, it is strictly informational. Gambling carries risks and may be addictive; please play responsibly. Check if gambling on the internet is allowed in that region. Information is accurate as of May 2025, but terms may change; check JACKBIT for updates.

    This article is for informational and promotional purposes only and does not constitute legal, financial, or professional advice. While efforts have been made to ensure accuracy at the time of publication, no warranties are made regarding completeness or timeliness. Readers should verify information independently. The publisher, affiliates, and contributors are not liable for errors, omissions, or losses arising from this content.

    This content may contain affiliate links, which may earn a commission at no additional cost to you if you make a purchase or deposit. These links do not affect editorial integrity, and evaluations are based on independent research.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3ba1e4f0-857d-4a64-9692-7951057deec1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/62ba5bee-0981-4b3a-a947-f6b34db15405

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bc5992a1-52cb-48ec-8a64-95bf4c5f6119

    The MIL Network –

  • MIL-OSI: Best Crypto Casinos: JACKBIT Shines As Top-Rated Bitcoin Online Casino For No KYC, Bonuses & Fast Payout!

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., May 19, 2025 (GLOBE NEWSWIRE) — The crypto casino industry has skyrocketed, transforming the casino landscape with its promise of speed, privacy, and innovation. These platforms have become a favorite among players, offering a seamless alternative to traditional gambling.

    >>CLAIM YOUR 100 WAGER-FREE SPINS + 30% RAKEBACK – CLICK HERE TO GET STARTED!<<

    Following extensive testing of multiple crypto casinos, and analyzing their bonuses, rewards, and performance, we’ve crowned JACKBIT as the best crypto casino for 2025. Its jaw-dropping game library and lightning-fast payouts left us in awe, making it stand out among the best crypto casinos. Discover why JACKBIT is redefining crypto gambling!

    Overview Of JACKBIT Crypto Casino

    • Launch Year: 2022
    • License: Curacao eGaming License
    • Game Selection: Over 8,000 games (slots, live casino, table games, esports betting)
    • Software Providers: Pragmatic Play, Evolution Gaming, Betsoft, Yggdrasil, and more
    • Payment Methods: Crypto (Bitcoin, Ethereum, USDT, Binance Coin) and fiat-to-crypto options
    • Withdrawal Speed: Instant or within 15 minutes

    JACKBIT’s no KYC policy for crypto users positions it as the best no KYC casino, while its rapid withdrawals make it the best instant withdrawal Bitcoin casino. With lucrative bonuses, round-the-clock support, and top-tier security, JACKBIT is a top crypto casino for players worldwide.

    Why JACKBIT Is One of the Best Crypto Casinos?

    JACKBIT sets itself apart in the crowded world of crypto gambling sites with a blend of cutting-edge features and player-centric services. Here’s why it’s a leader among the best crypto casinos:

    • Blazing-Fast Withdrawals: JACKBIT delivers withdrawals in as little as 15 minutes, making it a top Bitcoin casino for players who value quick access to their funds. This speed is unmatched among crypto gambling sites, earning it a spot as the best BTC casino.
    • Massive Game Collection: Boasting over 8,000 games, JACKBIT caters to every taste. From immersive slots to live dealer tables and esports betting, partnerships with giants like Evolution Gaming ensure top-notch quality, solidifying its status as a top crypto casino.
    • Privacy-First Approach: With no KYC for most crypto transactions, JACKBIT is the best no KYC casino, offering anonymity that appeals to privacy-conscious players. This feature makes it a favorite among the best crypto casinos.

    >>PLAY FREELY, STAY ANONYMOUS – CLICK HERE TO JOIN JACKBIT TODAY!<<

    • Lucrative Bonuses: New players enjoy 100 wager-free spins, a 30% rakeback, and a 100% risk-free esports bet. Weekly tournaments with $20,000 prize pools keep the excitement alive, making JACKBIT a top Bitcoin casino for rewards.
    • 24/7 Support: JACKBIT’s support team is available via live chat, email, and phone, ensuring players get help anytime. This dedication enhances its reputation as a safe and reliable crypto gambling site.
    • Ironclad Security: Featuring SSL encryption and provably fair gaming, JACKBIT ensures a secure environment, making it one of the safest options among the best crypto casinos.

    These qualities make JACKBIT a trailblazer among crypto gambling sites, delivering an experience that’s hard to beat.

    Bonuses And Promotions

    JACKBIT keeps players engaged with a range of exciting bonuses and promotions, ensuring every session is rewarding. Here’s what you can expect from this new crypto casino:

    • Welcome Bonus: Kick off with 100 wager-free spins, a 30% rakeback, and a 100% risk-free esports bet on your first deposit.
    • Daily and Weekly Tournaments: Participate in sports competitions with up to $20,000 in prize pools or JACKBIT tournaments with up to $10,000 and 1,000 free spins.
    • Cashback Rewards: Regular cashback on losses extends your playtime, a hallmark of the best crypto casinos.
    • Esports Bonuses: Enjoy bet insurance and free bets tailored for esports enthusiasts.
    • VIP Rakeback Club: Loyal players earn points for cash, faster withdrawals, and exclusive perks.
    • 3+1 FreeBet: Place 3 bets and get the fourth free.
    • Drops & Wins: Dive into a $2,000,000 prize pool for slots and live casino games.
    • Social Media Rewards: Follow JACKBIT’s social channels for exclusive bonuses.

    These promotions make JACKBIT one of the most rewarding new crypto casinos, offering endless value to players.

    >>CLICK HERE TO CLAIM YOUR 100 WAGER-FREE SPINS<<

    Guide To Join JACKBIT

    Getting started with JACKBIT is a breeze, designed to have you playing in minutes at one of the best crypto casinos. Follow these steps:

    1. Visit the JACKBIT Website:
    Click here to head to the official JACKBIT site to start your journey. The website’s sleek design makes navigation effortless, even for first-time users. Ensure you’re on an authentic site to protect your information.

    2. Sign Up:
    Click “Register” and provide your email and a secure password. No KYC is needed for crypto users, reinforcing JACKBIT’s status as the best no KYC casino. The process takes seconds, letting you dive into the action quickly.

    3. Verify Your Email:
    Check your inbox for a verification link and click to activate your account. This step ensures your account is secure and ready for use. Be sure to check your spam folder if the email doesn’t appear immediately.

    4. Deposit Funds:
    Navigate to the deposit section, choose your preferred cryptocurrency, and follow the prompts. Fiat options like Visa or Google Pay are available to buy crypto. Instant processing of deposits allows you to begin playing right away.

    5. Claim Your Bonus:
    Grab 100 wager-free spins, a 30% rakeback, and a 100% risk-free sports bet to boost your start. These bonuses are automatically credited after your first deposit. Check the promotions page for any additional offers.

    6. Start Gaming:
    Explore the 8,000+ games and dive into the action at this top crypto casino. Everyone can find something they enjoy, whether it’s live casinos or slots. Use the intuitive interface to find your favorite games quickly.

    This simple process ensures you’re quickly immersed in the best Bitcoin casino experience.

    Pros And Cons Of JACKBIT

    Here’s a balanced look at JACKBIT’s strengths and weaknesses to help you decide if it’s the right fit among the best crypto casinos:

    Pros Cons
    Ultra-fast crypto withdrawals (often within 15 minutes) No direct fiat wagering options
    Over 8,000 games for an endless variety  
    No KYC for crypto users  
    Generous bonuses with wager-free spins  
    24/7 customer support via multiple channels  
    Robust security with SSL encryption  

    This table highlights why JACKBIT is a top Bitcoin casino while noting areas for consideration.

    Game Selection At JACKBIT

    JACKBIT’s game library is a treasure trove, offering over 8,000 titles to suit every player. Partnering with industry leaders like Pragmatic Play and Betsoft, it delivers premium entertainment across these categories:

    • Slots: From classic reels to feature-packed video slots with Megaways and jackpots, there’s something for every slot lover. Popular titles offer immersive themes and high RTP rates for better-winning chances. Regular updates ensure fresh content, keeping JACKBIT among the best crypto casinos for slot enthusiasts.
    • Live Casino: Experience real-time thrills with live dealers in blackjack, roulette, baccarat, and game shows. High-definition streaming creates an authentic casino atmosphere from anywhere. Players can interact with dealers, enhancing the social aspect of this top crypto casino.

    >>SIGN UP WITH JACKBIT TO CHECK OUT YOUR FAVORITE GAMES<<

    • Table Games: Enjoy strategic classics like poker, blackjack, and roulette in various styles. Multiple variants cater to both beginners and seasoned players. Provably fair options add transparency, a key feature of the best BTC casino.
    • Sports Betting: JACKBIT’s sportsbook offers competitive odds and live betting options for a variety of sports, such as basketball, football, and esports.
    • Instant Games: Try quick-play options like crash games and scratch cards for fast fun. These games are perfect for players seeking instant results with minimal strategy. Their simplicity and high rewards make JACKBIT a top Bitcoin casino for casual gamers.

    This variety cements JACKBIT’s place among the best crypto casinos for diverse gaming.

    Why Choose Crypto Casinos?

    Crypto casinos like JACKBIT are reshaping online gambling with unique advantages over traditional platforms, making them a top choice for modern players:

    • Anonymity: No KYC requirements for crypto users ensure privacy, positioning JACKBIT as the best no KYC casino.
    • Speed: Crypto transactions are lightning-fast, with withdrawals often processed in minutes, a key feature of the best BTC casino.
    • Security: Blockchain technology guarantees secure, transparent transactions, making JACKBIT a safe crypto gambling site.
    • Global Reach: Crypto casinos bypass many fiat-related restrictions, offering broader access worldwide.
    • Low Fees: Cryptocurrency transactions typically have minimal fees, maximizing player value at the best crypto casinos.

    These benefits make JACKBIT a standout in the world of crypto gambling sites.

    Payment Methods

    JACKBIT is a crypto-first platform, supporting a variety of cryptocurrencies for seamless deposits and withdrawals:

    • Cryptocurrencies:
      • Bitcoin (BTC)
      • Ethereum (ETH)
      • Tether (USDT)
      • Binance Coin (BNB)
      • Litecoin (LTC)
      • Dogecoin (DOGE)
      • Tron (TRX)

    >>CLICK HERE TO VISIT JACKBIT & EXPERIENCE INSTANT PAYOUTS!<<

    • Fiat-to-Crypto Options:
      • Visa
      • Mastercard
      • Google Pay
      • Apple Pay
      • Bank Transfer

    All gameplay occurs in cryptocurrency, reinforcing JACKBIT’s status as a top Bitcoin casino with secure, fast transactions.

    How To Buy Crypto At JACKBIT?

    Purchasing crypto to play at this new crypto casino is straightforward:

    1. Log into your JACKBIT account.
    2. Go to “Deposit” and select “Buy Crypto.”
    3. Choose a fiat method (e.g., Mastercard or Google Pay).
    4. Pick your desired cryptocurrency.
    5. Enter the amount and confirm.
    6. Funds are credited instantly for gameplay.

    This process makes JACKBIT accessible even for crypto newcomers, enhancing its appeal among the best crypto casinos.

    Mobile Compatibility

    JACKBIT is optimized for mobile gaming, letting you enjoy its full range of games on iOS and Android devices through any browser. While there’s no dedicated app, the responsive website mirrors the desktop experience, including live casino and esports betting. This flexibility makes JACKBIT a top crypto casino for players on the move.

    User Interface And Experience

    JACKBIT’s sleek, modern interface features intuitive navigation and a dark theme that’s easy on the eyes. High-quality graphics, fast-loading pages, and multi-language support create a welcoming experience for global players. Whether on desktop or mobile, the seamless design ensures effortless browsing, solidifying JACKBIT’s reputation as a top Bitcoin casino.

    Responsible Gambling At JACKBIT – The Best Crypto Casino

    JACKBIT prioritizes player well-being with tools to promote responsible gambling:

    • Self-Exclusion: Temporarily or permanently pause your account to take a break. This feature is ideal for players needing time away to reassess their habits. JACKBIT ensures the process is user-friendly and respects player privacy throughout.
    • Deposit Limits: To control expenditure, establish daily, weekly, or monthly restrictions. These customizable limits help prevent overspending and promote financial control. Players can easily adjust or remove limits via their account settings as needed.
    • Reality Checks: Get periodic reminders of your playtime to stay mindful. These notifications help you track session duration and encourage balanced gaming. You can configure the frequency to match your preferences for a personalized experience.
    • Cooling-Off Periods: Take a short break without closing your account. This temporary pause is perfect for players seeking a brief reset. It allows you to step back while keeping your account active for future play.

    These features, paired with links to support resources, make JACKBIT a responsible choice among the best crypto casinos.

    Conclusion: JACKBIT—The Best Crypto Casino For 2025

    JACKBIT emerges as a titan among the best crypto casinos in 2025, blending speed, variety, and security. Its vast game library, instant withdrawals, generous bonuses, and no KYC policy make it the best Bitcoin casino for players of all levels. With a user-friendly interface, robust security, and a commitment to responsible gambling, JACKBIT delivers an unrivaled experience. Join now and see why it’s the ultimate destination for crypto gambling sites.

    >>CLICK HERE TO UNLOCK YOUR BONUS PACK: 100 FREE SPINS!<<

    FAQs

    1. Why is JACKBIT considered one of the best crypto casinos?

    JACKBIT shines with fast withdrawals, a massive game library, and no KYC, making it a top crypto casino.

    2. How fast are withdrawals at JACKBIT?

    Crypto withdrawals are typically processed within 15 minutes, earning JACKBIT its best BTC casino status.

    3. Can I use fiat currencies to wager at JACKBIT?

    No, wagering is crypto-only, but fiat options like Visa are available to buy crypto.

    4. Are there fees for withdrawals at JACKBIT?

    JACKBIT offers fee-free withdrawals, a perk of this top Bitcoin casino.

    5. Is JACKBIT accessible worldwide?

    Availability varies by region; check JACKBIT’s terms to confirm access in your country.

    6. What support options does JACKBIT provide?

    JACKBIT offers 24/7 support via live chat, email, and phone for quick assistance.

    Email: support@JACKBIT.com

    Disclaimer

    Gambling entails hazards and needs to be handled carefully. Participants have to be of the legal gambling age in the region they reside in. The information provided here does not provide financial advice; it is merely meant to be helpful. Always gamble responsibly and within your means.

    This article is for informational and promotional purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no warranties regarding the completeness or timeliness of the content. Readers should verify information independently before acting on it. The publisher, affiliates, and contributors are not liable for any errors, omissions, or losses arising from this content.

    This article may contain affiliate links, which may earn a commission at no extra cost to you. These relationships do not influence our editorial integrity, and all evaluations are based on independent research. Gambling is intended for those of legal age (typically 18+). It carries financial risks and may lead to addiction. Gamble responsibly and seek help if needed. Brand names and trademarks belong to their respective owners.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7fac4085-28e6-4561-8a68-1fd71c53f261

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0d3b8fd9-23ef-4a84-94ff-cd4ab02f8ff3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cc1e20b6-dabe-427c-9e0c-6f2af8b8bcb6

    The MIL Network –

  • MIL-OSI: Nasdaq Notification Regarding Minimum Bid Price Requirement and Minimum Market Value of Listed Securities

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Notification Regarding Minimum Bid Price Requirement

    SINGAPORE, May 19, 2025 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Company,” NASDAQ: TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, has received a notification letter, dated May 13, 2025, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share of its securities was below $1.00 for a period of 32 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

    The notification letter has no immediate effect on the listing of the Company’s securities, and the Company’s securities continue to trade on Nasdaq under the symbol “TDTH”.

    Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until November 10, 2025 (the “Compliance Period”), to regain compliance with Nasdaq’s Minimum Bid Price Requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s securities is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

    In the event the Company does not regain compliance by November 10, 2025, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary.

    The Company intends to monitor the closing bid price of its securities and will consider its options in order to regain compliance with the Minimum Bid Price Requirement.

    Nasdaq Notification Regarding Minimum Market Value of Listed Securities

    On May 13, 2025, the Company received a letter from Nasdaq indicating that, based upon the Company’s market value of listed securities (“MVLS”) for the 31 consecutive business day period from March 28, 2025 through May 12, 2025, the Company did not maintain the minimum MVLS of US$35,000,000 required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2). The Company will be afforded a period of 180 calendar days, or until November 10, 2025 (the “MVLS Compliance Period”), in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(C).

    In order to regain compliance with Nasdaq’s minimum MVLS requirement, the minimum MVLS of the Company must meet or exceed US$35,000,000 for a minimum of ten consecutive business days during the MVLS Compliance Period. In the event the Company does not regain compliance by the end of the MVLS Compliance Period, the Company will receive written notification that its securities are subject to delisting, which the Company may appeal to a hearings panel.

    The Company intends to continue to monitor its MVLS between now and November 10, 2025, and will consider the various options available to the Company if its listed securities do not trade at a level that is likely to regain compliance. There can be no assurance that the Company will be able to regain compliance with the MVLS requirement or maintain compliance with any of the other Nasdaq Capital Market continued listing requirements.

    The foregoing letter has no immediate effect on the listing of the Company’s securities, which will continue to be listed and traded on Nasdaq under the symbol “TDTH”, subject to the Company’s compliance with the other continued listing requirements of the Nasdaq Capital Market.

    About Trident

    Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide, based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients’ experience with their end-users by promoting digital adoption and self-service.

    Tridentity, the Company’s flagship product, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape in general, and in South Asia etc.

    Beyond Tridentity, the Company’s mission is to become the global leader in Web 3.0 activation, notably connecting businesses to a reliable and secure technological platform, with tailored and optimized customer experiences.

    Safe Harbor Statement

    This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For Investor/Media Enquiries

    Investor Relations
    Robin Yang, Partner
    ICR, LLC
    Email: investor@tridentity.me
    Phone: +1 (212) 321-0602

    The MIL Network –

  • MIL-OSI: Mine Bitcoin Solaris on Your Smartphone: Nova App Private Beta Now Live

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 19, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris today announced the launch of the private beta for its Nova App, a next-generation mobile mining platform that allows users to earn Bitcoin Solaris (BTC-S) tokens directly from their smartphones, laptops, or PCs — with no specialized equipment or technical setup required.

    This marks a major milestone in Bitcoin Solaris’ mission to make cryptocurrency mining accessible, efficient, and profitable for everyone.

    The Nova App: Tap to Mine, Earn Daily

    The Nova App transforms smartphones into mining nodes that contribute directly to the Bitcoin Solaris blockchain. Users can now begin earning BTC-S through a seamless, low-energy process optimized for mobile devices.

    Key Features of the Nova App:

    • No Equipment Costs: Mine crypto without ASICs, GPUs, or high-end computers
    • Cross-Platform Support: Available for Android, iOS, Windows, macOS, Linux, and web browsers
    • Battery & Data Friendly: Smart energy management ensures minimal resource usage
    • Daily Rewards: Receive BTC-S every day based on contribution metrics
    • Built-in Wallet: Securely manage tokens in-app
    • Step-by-Step Tutorials: Anyone can get started in minutes with no technical experience required

    Nova App mining is not just a tech feature — it’s the foundation for a decentralized, user-powered economy where earnings reflect active participation.

    Behind the Blockchain: Secure, Audited, Scalable

    Bitcoin Solaris runs on a hybrid consensus architecture that integrates Proof-of-Stake, Proof-of-Capacity, Proof-of-History, and Proof-of-Time — enabling fast transactions, enhanced security, and over 10,000 TPS with 2-second block finality.

    All smart contracts powering the network have been independently audited, and the core team is fully KYC verified, ensuring trust, transparency, and protocol integrity.

    Liquid Staking with Utility

    Beyond mining, users can stake their BTC-S and receive sBTC-S, a liquid staking token that unlocks access to DeFi tools and on-chain governance without locking up capital. Features include:

    • Continuous staking rewards
    • DeFi utility: lending, borrowing, liquidity provisioning
    • On-chain governance participation

    This system empowers users to stay agile with their assets while maximizing potential yield.

    Presale Phase 3: A Time-Limited Opportunity

    The BTC-S token is built on a fixed-supply model, with a cap of 21 million tokens. Only 4.2 million have been allocated to presale, and Phase 3 is now live:

    • Current Price: 3 USDT
    • Next Phase: 4 USDT
    • Launch Price: 20 USDT
    • Bonus: 13 percent
    • Remaining Tokens in this Round: 323,076

    This limited window offers early adopters a discounted entry point before the public Nova App release and exchange listings.

    Even Crypto Nitro recently highlighted Bitcoin Solaris in a detailed review covering why this project is grabbing so much attention in the crypto space.

    With the Nova App private beta now live, users can start mining Bitcoin Solaris from anywhere, with nothing more than a smartphone. It’s crypto mining redefined — inclusive, transparent, and built for real-world rewards.

    Download instructions and full program details are available for early beta testers.

    For More Information:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com

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

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/72d2780a-8ea2-48c5-9763-84426c88aea4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/40976ede-9ae8-41f8-aae6-f6c52803fa55

    https://www.globenewswire.com/NewsRoom/AttachmentNg/03c21579-1339-48a8-a339-8f3d785f3846

    The MIL Network –

  • MIL-OSI: Sydbank A/S share buyback programme: transactions in week 20

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 23/2025

    		 Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk
    19 May 2025  

    Dear Sirs

    Sydbank A/S share buyback programme: transactions in week 20
    On 26 February 2025 Sydbank A/S announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank A/S and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement

    762,000

    		  

    317,038,140.00
    12 May 2025
    13 May 2025
    14 May 2025
    15 May 2025
    16 May 2025    		 15,000
    15,000
    14,000
    13,000
    12,000    		 420.71
    425.19
    426.66
    430.82
    436.83    		 6,310,650.00
    6,377,850.00
    5,973,240.00
    5,600,660.00
    5,241,960.00
    Total over week 20 69,000   29,504,360.00
    Total accumulated during the
    share buyback programme

    831,000

    		  

    346,542,500.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank A/S holds a total of 833,985 own shares, equal to 1.62% of the Bank’s share capital.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    The MIL Network –

  • MIL-OSI Russia: “REcathon: Rough Code”: Polytechnic students modified robots

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Polytechnic Tower hosted the engineering and robotics hackathon “REcathon: Draft Code”, organized by the Higher School of Automation and Robotics of the Institute of Mechanical Engineering, Materials and Transport together with the student engineering association “PoliRoboTech” and PROF.IMMiT. The general partner of the event was the company “Ingriatech”.

    Opening the hackathon, Denis Kozlikin, Deputy Director for Research at IMMiT, wished the participants good luck and thanked the organizers for holding this important and necessary event, the fourth in a row.

    This year, 10 student teams competed. The jury included associate professors of the Higher School of Architecture and Rural Affairs Svetlana Kerpeleva, Mikhail Ananyevsky, Dmitry Polyakhov, Dmitry Tretyakov and Dmitry Shabanov, as well as an invited expert from the Almaz-Antey Air Defense Concern Alexey Saibel.

    This time, the hackathon became a platform for testing a new idea that was planned to be implemented. Participants had to work not with fully finished robots, but with unfinished designs. They had to not only program, but also analyze, correct errors in mechanics and electronics, and modify the product for an unknown task. This solution brought the hackathon conditions closer to real engineering practice, where specialists often have to deal with someone else’s code and unstable technical solutions.

    Another innovation was the new platforms with two drive wheels instead of four — this increased the maneuverability of the robots, but complicated the control and required more fine-tuning of the algorithms for movement and balancing. The final task was kept secret, which forced the teams to work in conditions of uncertainty and adapt to rapidly changing requirements. Two weeks were allocated for all preparation and debugging.

    The task for the hackathon was developed by the student engineering association “PoliRoboTech”. Its leader Andrey Klinovitsky noted that it is precisely such formats that teach students flexibility, engineering thinking and the ability to combine programming with mechanics, which is especially in demand in modern technological projects.

    According to the results of the tests, the winner was the Error404: Bots Not Found team consisting of: Egor Meshkov, Sofia Sokolova, Vladimir Yulik, Amir Sharif’yanov and Elizaveta Skornyakova. The second place was taken by the Termistor team: Artem Tabunshchik, Vadim Berko, Alexander Timofeev, Alexander Travin and Mikhail Orlov. The third place went to the Skrepyshi team, which included Alina Arifullina, Aidar Ibragimov, Violetta Khomenko, Ilnaz Abitov and Kirill Sultanov. All the winners are third-year students of the Higher School of Architecture and R&D.

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

    MIL OSI Russia News –

  • MIL-OSI Banking: Thales, Radiall and FoxConn have initiated preliminary discussions on semiconductor production

    Source: Thales Group

    Headline: Thales, Radiall and FoxConn have initiated preliminary discussions on semiconductor production

    Thales, Radiall and FoxConn announce they have initiated preliminary discussions to explore the potential creation, in France, of an industrial capacity in the field of outsourced semiconductor assembly and test (OSAT).

    With a planned production capacity in excess of 100 million System In Package (SIP) per annum by 2031, this facility aims to address the European aerospace, automotive, telecoms and defense advanced packaging markets.

    This initiative is expected to aggregate additional European industrial actors to sustain an investment in excess of €250m and ensure a strong European leadership for the project. ​

    MIL OSI Global Banks –

  • MIL-OSI Banking: Thales to provide a cyber-secured and AI-powered autonomous mine countermeasures system to the Republic of Singapore Navy

    Source: Thales Group

    Headline: Thales to provide a cyber-secured and AI-powered autonomous mine countermeasures system to the Republic of Singapore Navy

    • The unique, sea-proven Pathmaster solution will enable the Navy to accurately detect, classify, and localise mines in one of the busiest maritime straits in the region, in real-time. The solution includes Towed Synthetic Aperture Sonar (TSAS), the MiMap sonar data analysis tool and the M-Cube mission management system.
    • The system will be supported by the Thales Singapore Defence Hub, established in 2023 to provide maintenance, support services, operational availabilities and local development, located in close proximity to the Singapore Armed Forces, and in partnership with ST Engineering.
    Thales © Eloi Stichelbaut | PolaRyse” id=”image-49e65d49-549c-4ff3-8a10-16b56511789a” data-id=”49e65d49-549c-4ff3-8a10-16b56511789a” data-original=”https://cdn.uc.assets.prezly.com/49e65d49-549c-4ff3-8a10-16b56511789a/-/inline/no/image.png” data-mfp-src=”https://cdn.uc.assets.prezly.com/49e65d49-549c-4ff3-8a10-16b56511789a/-/format/auto/” alt=”Thales © Eloi Stichelbaut | PolaRyse”/>
    Thales © Eloi Stichelbaut | PolaRyse

    Maritime trade is of critical importance to the economies of Asia. With Singapore positioned at the heart of major global shipping routes, the need for security at the Straits remains a top priority for the Republic of Singapore Navy (RSN).

    On 28 March 2025, Thales was awarded a contract through ST Engineering (STE) to provide the Republic of Singapore Navy with a Mine Counter Measures system, Pathmaster, which includes the M-Cube mission management system and TSAS towed sonars combined with the MiMap sonar data analysis tool, which will be fitted on ST Engineering’s unmanned surface vehicle.

    Thales will also provide tools to manage mine databases and library. These will be reinforced with Artificial Intelligence (AI) to facilitate target detection and identification, easing the workload of operators. The system will be supported by the Thales Singapore Defence Hub for maintenance and service and to develop compatible applications that can seamlessly interface with the RSN’s systems.

    As seas become increasingly congested and navies face unexpected threats and challenges, mine countermeasures have become a key discipline to ensure the sovereignty and safety of Singapore’s sea lines of communication. The intelligent system is renowned for its incomparable level of detection and low false alarm rate. The Thales Pathmaster solution is the world’s first sea-proven system and is currently already in service with the British Royal Navy and the French Navy, under the Maritime Mine Countermeasure (MMCM) programme. This contract is the first Pathmaster contract for Thales in Asia.

    “This latest contract award reflects the trust that the Republic of Singapore Navy places in Thales’ naval technologies. The Pathmaster system represents a significant step in the RSN’s vision for an autonomous system of systems, offering enhanced operational capabilities while reinforcing the safety of their personnel. As the first Pathmaster system in the Asian region, Thales strengthens its position as a key supplier to the Navy, addressing the operational needs of the navy in this area. Having successfully delivered multiple radars for major vessel programs in the past, today we are excited to take it a step further to ensure that Singapore stays at the forefront of mine warfare in the region, safeguarding the nation’s maritime routes.” Sébastien Gueremy, VP Underwater Systems, Thales.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies.

    Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    MIL OSI Global Banks –

  • MIL-OSI Russia: HSE MBA: Chinese experience for Russian managers

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    The visiting module of the MBA program of the Higher School of Business of the National Research University Higher School of Economics was successfully held in Shanghai. It was attended by 94 students: top managers of large Russian companies, entrepreneurs, heads of departments of state-owned companies.

    The module was organized jointly with Fudan University, one of the leading centers of business education in Asia. The university is among the best universities in China and Asia, widely recognized for its high level of teaching, quality of scientific research and international programs in the field of economics and management.

    The theoretical part of the module covered key aspects of the economy and business of modern China. The classes were taught by Fudan University lecturers – recognized experts in their fields, experienced specialists who are engaged in research projects in the areas of global and digital economy, fintech, corporate governance, blockchain technologies, big data and cybersecurity. Many of them are graduates of leading universities around the world, publish in authoritative scientific journals and actively consult businesses and government agencies. During the week, they immersed listeners in the specifics of the financial system of the PRC, discussed challenges to the country’s competitiveness in the international arena, compared approaches to the digital transformation of industry in China and in other countries.

    The practical part of the program was no less interesting and important for the audience. The organizers of the module offered a rich plan of visits to leading Chinese companies from key industries. Among them were COSCO Shipping, one of the world’s largest operators in the field of maritime logistics; NIO Inc, a developer and manufacturer of intelligent electric vehicles and autonomous driving technologies; SAIC Motor, a Chinese automobile manufacturing corporation actively working in the direction of new energy sources and autonomous transport.

    According to the manager MBA programs Vladimir Koptsev, Higher School of Business at the National Research University Higher School of Economics, international modules allow students not only to expand their professional horizons, but also to see key global economies in dynamics.

    Koptsev Vladimir Sergeevich

    Head of the MBA program at the Higher School of Business, National Research University Higher School of Economics

    Today, China is not just an important player, but one of the world’s leading economies, influencing global processes in business, finance and technology. It is fundamentally important for us that students are not limited to theory, but personally come into contact with this reality: through visits to companies, dialogue with experts and direct immersion in the country’s economic environment.

    The reaction of the participants of the visiting module themselves is indicative; they saw from the inside how the economy of one of the largest and rapidly developing countries in the world functions, and what management models are used by business leaders of the PRC.

    “Shanghai exceeded all expectations – it is a truly technologically advanced metropolis. I especially remember the lectures with Chinese professors about how the country became a global technological leader in 40 years. I was amazed by the number of electric cars – about 80% of cars on the roads, thanks to which the city of its size remains surprisingly quiet. A visit to a robotics company left a great impression. And, of course, it was nice to meet MBA students from parallel groups. I would like to separately thank the HSE Graduate School of Business for organizing the module at such a prestigious university as Fudan, and for the excellent organization of visits to leading Chinese enterprises. This trip will be remembered for a long time – a lot of new knowledge and vivid emotions!” – assessed the results Sergey Bespalov, Manager of Consulting in the field of production and operational management, Accenture AG, Zurich, Switzerland.

    The Chinese partners highly appreciated the cooperation with the HSE Graduate School of Business: “We are sincerely glad that the students not only visited Fudan University, but also benefited from this intercultural exchange. I hope that our program opened up new perspectives for the students, contributed to the development of their communication skills and broadened their horizons. We tried to tell as much as possible about the economic and cultural characteristics of China and demonstrate them during visits to various companies. We hope to continue fruitful cooperation with the HSE Graduate School of Business in the future, so that we can host MBA students within the walls of our university more than once,” Shuang Zhang, Manager of International Programs at Fudan University.

    Upon completion of the module, all students MBA programs received an official certificate from Fudan University confirming their participation and academic achievements.

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

    MIL OSI Russia News –

  • MIL-OSI Europe: Written question – DSA recruitment drive setting the stage for a powerful Brussels censorship machine – E-001868/2025

    Source: European Parliament

    Question for written answer  E-001868/2025
    to the Commission
    Rule 144
    Petra Steger (PfE), Mary Khan (ESN)

    On 21 January 2025, the Commissioner for Technological Sovereignty, Security and Democracy, Henna Virkkunen, vowed to clamp down harder on alleged violations of the Digital Services Act (DSA). To this end, the number of staff working on DSA implementation is set to double from 100 in 2024 to 200 by the end of 2025. On 10 January 2025, the Commission reported that 150 people were already on the task. What is more, the Commission is working closely with national DSA coordinators. The official line is that they are cooperating to fight ‘disinformation’; in reality, however, they are increasingly taking aim at government-critical content. This turn of events is deeply worrying as while, across the globe, countries and companies are once again allowing greater freedom of expression and distancing themselves from excessive censorship, the EU is bucking the trend and and centralising more control with the Brussels thought police. This increasingly begs the question as to whether this apparatus is not being beefed up with ever more staff to form a politically controlled censorship machine, funded by EU taxpayers.

    • 1.How many people have been hired in 2025 to work on the Digital Services Act? What specific criteria were used in their selection?
    • 2.What was the total cost of this recruitment drive, and who is footing the bill?
    • 3.What steps is the Commission taking to prevent the bolstered DSA troops from exerting political influence on public debate?

    Submitted: 9.5.2025

    Last updated: 19 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Letter from the minister of foreign affairs of the Netherlands urging for a review of Article 2 of the EU-Israel Association Agreement – P-001865/2025

    Source: European Parliament

    Priority question for written answer  P-001865/2025
    to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy
    Rule 144
    Tineke Strik (Verts/ALE), Thijs Reuten (S&D), Catarina Vieira (Verts/ALE)

    On 6 May 2025, the minister of foreign affairs of the Netherlands addressed a letter[1] to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy (VP/HR) in which he withheld the support of the Netherlands for the extension of the EU-Israel action plan, urging for a review of Article 2 of the EU-Israel Association Agreement. According to the minister, such a review is warranted on the basis of, among other things, Israel’s continued blockade of humanitarian aid and electricity supplies to the Gaza Strip and the expansion of its military operations, as well as the worsening situation in the West Bank.

    The minister cites two notes from the EU Special Representative (EUSR) for Human Rights, presenting his assessment regarding international human rights law and international humanitarian law.

    • 1.What are the consequences of the Dutch veto on the extension of the EU-Israel action plan?
    • 2.Does the VP/HR share the assessment of the Dutch minister of foreign affairs that the current situation warrants a review of Israel’s compliance with its obligations stemming from Article 2 of the Association Agreement, and the will the VP/HR adhere to the minister’s request?
    • 3.Does the VP/HR commit to sharing with the co-legislators the outcome of the assessment and the two EUSR notes mentioned in the minister’s letter?

    Submitted: 8.5.2025

    • [1] https://www.tweedekamer.nl/kamerstukken/brieven_regering/detail?id=2025Z08773&did=2025D20161
    Last updated: 19 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Ethiopia Unveils Strategic Initiative to Green Its Financial System and Drive Sustainable Investment

    Source: European Investment Bank

    EIB

    • EIB Greening Financial Systems Programme to work with the National Bank of Ethiopia and Commercial banks to enhance technical understanding of climate risks, enhance climate finance and develop Ethiopian green taxonomy 
    • Ethiopia latest country to join pioneering climate resilience initiative backed by Germany

    The Greening Financial Systems Programme was officially launched in Ethiopia today by Ethiopian and international partners at the Ethiopia Finance Forum.

    This transformative initiative aims to strengthen the resilience of Ethiopia’s financial sector to climate change by embedding climate risk into regulatory frameworks, advancing climate-related disclosures, and supporting the financing of sustainable projects across the country.

    The National Bank of Ethiopia: Driving the green finance agenda

    At the heart of this initiative is the National Bank of Ethiopia (NBE), which is spearheading efforts to integrate climate considerations into the core of the financial sector. Recognizing the growing risks climate change poses to financial stability, the NBE is undertaking a strategic reform to align Ethiopia’s financial system with national climate objectives and international sustainability standards.

    Demonstrating its strong institutional commitment, the NBE has established a high-level internal oversight and coordination team to guide the implementation, monitor progress, and ensure effective follow-up of the GFS Programme. This team brings together senior experts from across the Bank to oversee integration of climate risk considerations into supervisory frameworks and to coordinate with stakeholders on the development of green finance tools.

    The GFS Programme will support the NBE in:

    • Integrating climate-related financial risks into its supervisory and regulatory frameworks.
    • Enhancing climate risk management capabilities across the financial sector.
    • Developing a climate risk disclosure and reporting framework aligned with international best practices.
    • Strengthening institutional capacity through tailored training programs and technical support.
    • Coordinating the development of a National Green Taxonomy that will guide financial institutions and investors on what constitutes environmentally sustainable economic activities.

    “The financial sector has a critical role to play in mobilising the significant finance required for Ethiopia’s transition to a climate-resilient, green economy. The Greening Financial Systems initiative will enhance our capacity to guide the sector in adapting to a changing climate and unlocking green investment opportunities,” said H.E. Mamo E. Mihretu, Governor of the National Bank of Ethiopia.

    The technical assistance agreements were signed during the forum by Mr. Solomon Desta, Vice Governor for Financial Institutions at the National Bank of Ethiopia, and Ms. Leyla Traoré, Head of the EIB Representation to Ethiopia and the African Union. The event was attended by the German Ambassador to Ethiopia and the African Union, the EU Ambassador to Ethiopia, and representatives from the Ministry of Finance of Ethiopia.

    The EIB is delighted to welcome Ethiopia to the Greening Financial Systems Programme. By supporting the National Bank of Ethiopia, we are building an enabling environment that will unlock vital climate action and green investments, contributing to Ethiopia’s ambitious climate goals,” said Ambroise Fayolle, Vice President of the European Investment Bank.

    Funded by Germany through the International Climate Initiative (IKI), and implemented by the EIB, the GFS Programme in Ethiopia forms part of a broader international initiative that also includes Albania, Armenia, Georgia, Kenya, Nigeria, North Macedonia, and Rwanda.

    Strengthening financial institutions for climate resilience

    Beyond regulatory enhancements, the programme also supports Ethiopian commercial banks and financial institutions to build green finance capabilities. This includes:

    • Developing green lending portfolios.
    • Improving internal climate risk assessments.
    • Introducing climate-sensitive credit evaluation frameworks.
    • Facilitating access to green finance instruments and capacity-building workshops.

    By complementing the regulatory improvements led by the NBE, this support aims to mobilize private finance for environmentally sustainable investments, helping banks identify viable green projects and reduce exposure to climate-related risks.

    Laying the foundation for a national green taxonomy

    A key priority under the NBE’s leadership is the development of Ethiopia’s first National Green Taxonomy, a classification system that will define which economic activities and investments are considered sustainable and climate aligned. The taxonomy will:

    • Provide clarity and consistency in green investment classification.
    • Serve as a reference for financial institutions, regulators, and investors.
    • Support the alignment of domestic practices with international ESG and sustainability standards.

    This process will be accompanied by consultations with stakeholders and the preparation of reporting guidelines for the taxonomy’s application across the financial sector.

    Ethiopia is among the countries most vulnerable to climate change, with growing risks from extreme weather, drought, and food insecurity. These risks pose serious threats to the economy and the stability of the financial system.

    The National Bank of Ethiopia’s proactive leadership and institutional commitment—in collaboration with the EIB and international partners—underscores a bold national effort to build climate resilience. Through the GFS Programme, Ethiopia is positioning its financial system to not only manage risks but also seize green investment opportunities that contribute to long-term, sustainable economic growth.

    “Germany is proud to support Ethiopia’s efforts to green its financial system through the International Climate Initiative. The IKI Fund is one of the key instruments of the German Federal Government for international climate action to support strategies for countries that seek to achieve the green transformation. Strengthening financial resilience and unlocking green investment is crucial for Ethiopia’s sustainable future.” said H.E. Jens Hanefeld, German Ambassador to Ethiopia.

    This programme underscores the close partnership between the European Union and Ethiopia in addressing the urgent challenge of climate change. By strengthening the financial sector’s capacity to manage climate risks and finance green projects, we are jointly advancing sustainable development and building resilience,” added H.E. Mrs. Sofie From-Emmesberger, EU Ambassador to Ethiopia.

    Background information

    About EIB Global

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. It finances investments that contribute to EU policy objectives.

    EIB Global is the EIB Group’s specialised arm devoted to increasing the impact of international partnerships and development finance, and a key partner of Global Gateway. We aim to support €100 billion of investment by the end of 2027 — around one-third of the overall target of this EU initiative. Within Team Europe, EIB Global fosters strong, focused partnerships alongside fellow development finance institutions and civil society. EIB Global brings the EIB Group closer to people, companies and institutions through our offices across the world. High-quality, up-to-date photos of our headquarters for media use are available here.

    http://twitter.com/EIB

    https://www.linkedin.com/company/eib-global/

    More information about the Greening Financial Systems (GFS) technical assistance programme is here.

    Ethiopia Unveils Strategic Initiative to Green Its Financial System and Drive Sustainable Investment
    Ethiopia Unveils Strategic Initiative to Green Its Financial System and Drive Sustainable Investment
    ©EIB
    Download original
    Ethiopia Unveils Strategic Initiative to Green Its Financial System and Drive Sustainable Investment
    Ethiopia Unveils Strategic Initiative to Green Its Financial System and Drive Sustainable Investment
    ©EIB
    Download original

    MIL OSI Europe News –

  • MIL-OSI Europe: At a Glance – Single market strategy – 19-05-2025

    Source: European Parliament

    Despite substantial progress in building the single market, recent analyses, including those by Enrico Letta and Mario Draghi in 2024, show that significant fragmentation remains, constraining EU companies’ ability to scale up and compete internationally. During the May II plenary session, MEPs will debate the new single market strategy that the Commission is planning to adopt on 21 May 2025.

    MIL OSI Europe News –

  • MIL-OSI Banking: ASEAN and UN convene Secretariat-to-Secretariat Meeting to advance Comprehensive Partnership

    Source: ASEAN

    Deputy Secretary-General of ASEAN for ASEAN Political-Security Community, Dato’ Astanah Abdul Aziz, co-chaired the ASEAN-UN Secretariat-to-Secretariat Meeting with the UN Assistant Secretary-General for Political and Peacebuilding Affairs and Peace Operations, Khaled Khiari, on 19 May 2025 at the ASEAN Headquarters/ASEAN Secretariat. The Meeting took stock of ASEAN-UN cooperation through the implementation of the ASEAN-UN Plan of Action (2021-2025) and looked ahead to the successor document (2026–2030), to be adopted later this year.
     

    MIL OSI Global Banks –

  • MIL-OSI Video: EC Economic Forecast: Europe’s Economic Outlook in Under 60 Seconds

    Source: European Commission (video statements)

    Wondering where Europe’s economy stands right now? Here’s the Spring 2025 Forecast — In under 60 seconds!
    Growth: Slow but steady. More momentum is expected by 2026.
    Trade: Global uncertainty lingers, but Europe stays resilient.
    Investment: Hesitant, but EU recovery funds offer a boost.
    Inflation: Easing — on track to hit 2% this year.
    Jobs & Spending: Unemployment at record lows, wages gaining value.
    Let’s keep building a stronger, more competitive EU.
    Want more insights? Read the full Press release on the European Commission’s website: https://europa.eu/!cFPpp9

    https://www.youtube.com/watch?v=Qpup2V8u9-A

    MIL OSI Video –

  • MIL-OSI United Kingdom: Plymouth City Council Children’s Services extending contact hours

    Source: City of Plymouth

    The ‘front door’ to Council teams providing a first response to children and families when professionals and members of the public ask for more help for a family or report a safeguarding concern about a child or young person, is undergoing some changes. 

    The multi-disciplinary service is extending its hours and operating seven days a week, which means it will be more responsive and effective at dealing with all concerns and enquiries.  

    Previously, the ‘front door’ to children’s social care teams (the Multi-Agency Safeguarding Hub – MASH) was only open 9am to 5pm on weekdays, with all other new contacts out of these hours being dealt with by an ‘out of hours’ team.  

    From Monday 2 June 2025, the new multi-disciplinary team will respond to concerns and referrals between 8am to 8pm Monday to Friday, and 9am to 5pm on Saturdays, Sundays and Bank Holidays. 

    The newly extended hours will mean children, families and vulnerable adults are supported with the right help at the right time.  

    It will also mean that professionals – including teachers, police officers and healthcare staff – are able to get advice and support at a time that better suits their work patterns. 

    Outside of these hours, an Emergency Duty Service will always be on-call to review any overnight enquiries and respond to children at immediate risk of significant harm, urgent adult safeguarding risks and immediate risk of homelessness.    

    Ultimately, the changes will mean that children, families and vulnerable residents will receive more consistent help and support, with their needs being met in a timely way, and the staff team will be ready to respond proactively to issues and provide advice.  

    If you need to contact our team to get more help for a family or because you have a safeguarding concern about a child or young person, call 01752 668000 and select option 2.  

    Families and professionals who need support that is not an urgent safeguarding concern, can book a call with one of our Family Support Workers via the Early Help and SEND Advice line.  

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Major investment partnership worth £24 billion to transform key growth sectors and deliver affordable housing across UK

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Major investment partnership worth £24 billion to transform key growth sectors and deliver affordable housing across UK

    A major new partnership between the Crown Estate and Lendlease has been agreed which will unlock housing and science innovation hubs across the UK worth £24 billion.

    • Joint venture between The Crown Estate and Lendlease will unlock housing and science innovation hubs across the UK worth £24 billion.

    • Major investment pipeline includes land portfolio with the potential to build 26,000 new homes, with around one-third allocated to affordable housing – supporting the government’s aim to build 1.5 million new homes by 2029. 

    • Pipeline also includes plans to build vast new office space and labs, creating 100,000 new jobs across the country, boosting economic growth and delivering on the Plan for Change. 

    Major new partnership from the Crown Estate and Lendlease with a Gross Development Value (GDV) of £24 billion will develop housing and science and innovation hubs and help create 100,000 new jobs and 26,000 new homes, backing the Government’s Plan for Change.  

    The joint venture allows The Crown Estate to invest in Lendlease’s undeveloped UK land and land management portfolio, providing support on existing projects, helping to transform the UK’s science, tech and innovation sectors and deliver new housing. 

    The projects have the potential to deliver around 10 million square feet of workspace and labs, and deliver vital investment in digital and technologies and the life sciences sectors – two of the key growth sectors in the government’s upcoming modern Industrial Strategy. 

    The pipeline is also hoped to deliver over 26,000 new homes for people across the country – of which a third are expected to be affordable housing – backing this Government’s plans to build 1.5 million new homes and get Britain building again as part of the Plan for Change.

    In support of the partnership, the Chancellor and Minister for Investment met with Lendlease’s Group CEO Tony Lombardo and Dan Labbad, CEO of The Crown Estate in Downing Street

    Chancellor of the Exchequer Rachel Reeves said:

    We are pulling every lever to grow our economy so we can put more money in people’s pockets, boost home ownership and make Britain a global hub for life sciences through our Plan for Change.

    This includes creating the right environment for organisations like The Crown Estate and Lendlease to partner, helping us to unlock capital to get Britain building and get Britain growing.

    Minister for Investment Baroness Gustafsson CBE said:

    This is yet another strong endorsement of the UK’s investment environment and our thriving real estate sector as this government has committed to get Britain building again, a crucial part of delivering our Plan for Change.  

    This pipeline and the creation of additional research labs across the UK, will be a massive boost for our world-leading science, innovation and technology sectors, all key growth sectors in our upcoming modern Industrial Strategy.” 

    The government’s upcoming modern Industrial Strategy will make doing business quicker, easier and more profitable than ever before. Its 10-year plan will provide business with the certainty they need to invest and innovate in the growth-driving sectors that will shape the UK’s economy, drive regional development, enhance living standards and create high quality jobs.

    Businesses have identified that inadequate infrastructure has impacted the growth of UK firms, with the UK suffering from a chronic lack of lab space compared to other leading global hubs, but this pipeline will ensure high-growth sectors have the lab space, transport and housing they need. 

    If the life sciences real estate markets of Cambridge, Oxford and London were to match their US counterparts by 2035, it could mean 67,000 more high-skilled, high-wage jobs and £4bn a year in additional GVA. 

    Areas poised for office and housing development include around Euston Station, Silvertown and Thamesmead Waterfront in London, as well as Smithfield in Birmingham.   

    The joint venture will provide a substantial boost to the UK’s thriving tech ecosystem, which is the third biggest in the world and worth more than £1 trillion.

    Group CEO of Lendlease Tony Lombardo said:

    This landmark partnership between our two organisations will combine our shared expertise in delivering city shaping precincts and creating long-term benefits for communities.

    As master developer, we look forward to working with The Crown Estate to unlock value within our UK development portfolio, for partners, government clients and our securityholders.

    Dan Labbad, Chief Executive of The Crown Estate, said:

    With strong support from local and national government, we look forward to working with Lendlease and others to realise the potential of these projects to create jobs, stimulate growth and positively impact lives, while also generating income for the UK. 

    As a country, we face challenges to unlocking growth. To support this, we need to spark investment in sectors like science, technology, and housing, alongside deep collaboration across communities, government, and the private sector. This joint venture is an example of how The Crown Estate is harnessing its mandate to act in the UK’s long-term national interest, supported by new investment powers, and stepping up its ambition to support inclusive growth for the nation.” 

    Since entering office, the government has been focused on restoring economic stability – the foundation of growth – to give businesses the confidence to invest and expand in the UK. Today’s announcement demonstrates how confidence in the UK’s investment environment translates to real jobs and growth for local communities.    

    This major announcement comes due to the Crown Estate Act 2025 which increased The Crown Estate’s powers to unlock further investment, kickstarting growth and generating greater returns for the public purse whilst benefitting public services across the UK.

    Notes to editors:

    • The Crown Estate has a diverse £16 billion portfolio that includes urban centres and development opportunities; one of the largest rural holdings in the country; Regent Street and St James’s in London’s West End; and Windsor Great Park. They also manage the seabed and much of the coastline around England, Wales and Northern Ireland, playing a major role in the UK’s world leading offshore wind sector. 

    • Lendlease is an integrated real estate group. Headquartered in Sydney, Australia, it is listed on the Australian Securities Exchange. Its core capabilities are reflected in the operating segments of investments, development and construction, and providing a sustainable competitive advantage in delivering innovative integrated solutions for its customers.

    Updates to this page

    Published 19 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: Ireland Launches ‘Silicon Island’: A National Semiconductor Strategy

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    19th May 2025

    Minister Burke launches first-of-its kind, key strategy setting out Ireland’s position in global industry

    Ireland’s new Semiconductor Strategy, Silicon Island has been officially launched by Minister for Enterprise, Tourism and Employment, Peter Burke at a special industry event. This major new initiative is designed to strengthen Ireland’s role in the global semiconductor industry and fulfil a key Programme for Government commitment.

    Aligned with the European Chips Act the EU Digital Decade, Silicon Island: A National Semiconductor Strategy sets out a clear roadmap to grow Ireland’s semiconductor sector by creating high-value jobs, attracting major investment and deepening the country’s leadership in cutting-edge technology as a key player in Europe’s semiconductor future.

    Speaking at the launch, Minister Burke said:

    “We’re setting our sights on the next frontier: semiconductors. Ireland already has a strong semiconductor base, with over 130 indigenous and multinational companies, 20,000 jobs and €13.5 billion in annual exports.  But with the right support, I believe we could do far more. By 2040, Ireland could support up to 34,500 new semiconductor roles.”

    Developed through public consultation with industry, academia, government and research partners, Silicon Island focuses on expanding the sector’s ecosystem, building a future-ready talent pipeline and seizing emerging opportunities across advanced manufacturing, design, and R&D.  The strategy recognises the semiconductor industry as a crucial enabler of innovation and digital growth.  Key objectives include:

    1. securing major industrial investments, including a leading-edge fabrication facility in a regional location,
    2. supporting start-ups and spinouts through access to finance and commercialisation pathways, 
    3. strengthening research capacity and promoting Ireland internationally as a hub of semiconductor excellence. 

    Minister Burke noted the strategic importance of Silicon Island, saying:

    “From AI to quantum computing and the green transition, semiconductors are at the core of global innovation. This strategy is Ireland’s commitment to helping deliver on the European Chips Act and to becoming a global leader in this vital sector. Ireland is turning to chips as the next big opportunity.”

    “Much of the work to achieve our ambitions is already under way. We have already earmarked over €70 million in national and EU funding for Tyndall’s participation in three EU Pilot Lines. We have established I-C3 – a national competence centre under the European Chips Act – and joined forces with Analog Devices and 14 EU Member States in the IPCEI on Microelectronics.

    “The work does not end here. The deliverables set out in this Strategy will be guided by a dedicated industry-led Semiconductor Advisory Council.

    “While we are in a position of strength, we must go further. This Strategy aims to put Ireland firmly at the forefront of the global semiconductor industry, and marks the start of a journey towards Ireland and Irish companies becoming world leaders in this this vital technology.  We’re ready to lead”. 

    Professor William Scanlon, CEO, Tyndall National Institute said: 

    “I welcome the publication of the strategy and the Government’s support and ambition for the semiconductor industry and ecosystem in Ireland. As the national institute for semiconductors, Tyndall is proud to play our part in the delivery of the strategy through collaborative research and innovation and the development of talent and skills.”

    Notes to editor

    Silicon Island: A National Semiconductor Strategy contains a suite of deliverables which include:

    1. Securing major industrial investments, including one Leading Edge Fabrication Facility in a regional location, two Trailing-Edge Foundries, and one Advanced Packaging Facility.
    2. Developing next generation sites with the infrastructure needed to support large-scale manufacturing.
    3. Supporting start-ups and spin-outs with commercialisation support, access to finance, and scaling pathways to ensure that Irish innovation can compete and thrive on the global stage.
    4. Enhance R&D capacity, supporting both indigenous innovation and multinational collaboration and fostering an open ecosystem based on collaboration.
    5. Promoting Ireland internationally as a hub of excellence in semiconductor design, manufacturing, and research.
    6. Commissioning a skills study by the Expert Future Skills Needs to ensure the Strategy’s ambitions for the industry can be supported by a robust talent pipeline.

    The deliverables will be guided by an industry-led Advisory Council on the Semiconductor Sector, consisting of key stakeholders, bringing together industry, academia and the enterprise agencies to deliver on the priorities set out in this Strategy and, more importantly, identify new opportunities in this important sector.

    ENDS

    Back to Department News

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    MIL OSI Europe News –

  • We Can No Longer Afford, By Travel Or Import, To Empower Countries That Are Inimical To Our Interests And Positioned Against Us In Times Of Crisis: Vice-President

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>Every Individual Is Empowered To Help The Nation In Security; Trade, Business, Commerce, And Industry In Particular Have A Pivotal Role, Says VP
    Nation First; Everything Has To Be Reckoned On The Fulcrum Of Deep Commitment And Dedication To Nationalism, Stresses VP
    This Country Cannot Afford Commercialisation And Commodification Of Education; These Are Areas To Give Back To Society, Not To Make Money, Highlights VP
    Operation Sindoor Was A Remarkable Retaliation, Befitting Our Ethos Of Peace And Tranquility To The Barbarity That Happened At Pahalgam, Says VP
    Vice-President Addressed The Annual Convocation Of Jaipuria Institute Of Management In New Delhi

    The Vice-President of India, Shri Jagdeep Dhankhar today said, “Can we afford to empower countries that are inimical to our interests? Time has come when each one of us must deeply think about economic nationalism,” he said. He emphasized that, “We no longer can afford, by travel or import, to improve the economies of those countries because of our participation. And those countries, in times of crisis, are positioned against us.”

    https://twitter.com/VPIndia/status/1923650435002359975

    Addressing the Annual Convocation of Jaipuria Institute of Management at Bharat Mandapam, New Delhi, today, Shri Dhankhar said, “Every individual is empowered to help the nation in security. Trade, business, commerce, and industry in particular can play a pivotal role in security issues. Therefore I firmly believe that we must always keep one thing in mind, and that is: Nation first. Everything has to be reckoned on the fulcrum of deep commitment, unflinching commitment, dedication to nationalism. And that mindset we must teach our toddlers right from day one.”

    https://twitter.com/VPIndia/status/1923643506263728383

    He also lauded the ongoing Operation Sindoor and paid tribute to India’s Armed Forces. “I must, on this occasion—since I am addressing youth of the country in particular—offer my salutations to all Armed Forces and the visionary leadership of Prime Minister Narendra Modi for the remarkable success of the ongoing Operation Sindoor.”

    Calling the operation a befitting response to the barbaric attack at Pahalgam, he added, “It was a remarkable retaliation, befitting our ethos of peace and tranquility to the barbarity that happened at Pahalgam—the deadliest attack on our civilians since the 2008 Mumbai terror attacks. The Prime Minister of this country, Shri Narendra Modi, sent a message from India’s heartland of Bihar to the entire global fraternity. Those were not empty words. The world now has realized: what is said is reality. “No one is asking for proof now. The world has seen and acknowledged. We have seen this saga—how that country is deeply engrossed in terrorism. “When coffins are taken with armed forces and military power and political power accompanying them, justice is done by Bharat to Sindoor in sublimity.”

    Shri Dhankhar affirmed that a new standard has been set in India’s counterterrorism efforts. “In the mechanics of war and the fight against terrorism, a new benchmark has been set. Indian Armed Forces targeted Jaish-e-Mohammed at Bahawalpur, deep inside Pakistan territory. Beyond the international border—headquarters of Jaish-e-Mohammed, also Lashkar-e-Taiba base, Muridke. No one is asking for proof now. No one is asking for it. The world has seen and acknowledged.”

    He further added, “It is India’s deepest ever cross-border strike. Strike that was carefully, precisely calibrated to cause no damage except to the terrorist.”

    Shri Dhankhar recalled the U.S. operation on May 2nd, 2011. “This happened on May 2nd, 2011, when a global terrorist who planned, supervised, executed the September 11 attack inside the US in 2001. He was dealt with by the US similarly. Bharat has done it and done it to the knowledge of the global community.”

    Reflecting on India’s civilisational uniqueness, Shri Dhankhar noted, “We as a nation are unique. No nation in the world can take pride in having 5,000 years of civilisational ethos. We need to bridge, not breach, the divide between the East and the West.”

    Shri Dhankhar said, “How can we countenance or overlook narratives that are anti-national? Foreign universities coming to this country is something which requires filtration. It requires deep thinking. It is something we have to be extremely careful about.”

    On education and research, the Vice-President cautioned against commercialization. “This country cannot afford commercialisation and commodification of education. It is undeniable, it is present. Education and health as per our civilization ethos are not areas to make money. These are areas to give back to society. We have to discharge our obligation to society.”

    Calling upon industry leaders, he stressed the importance of research. “Educational institutions must be fully funded by corporates. CSR funds must take priority because investment in research is fundamental.”

    He concluded with a powerful reminder: “Gone are the days when we could wait for others to develop technology. If we do that, we are handicapped right from the beginning, we must avoid that.”

     

    Shri Sharad Jaipuria, Chairman, Board of Governors, Jaipuria Institute of Management, Smt. Anjali Jaipuria, Spouse of Chairman, Board of Governors, Jaipuria Institute of Management, Shri Shreevats Jaipuria, Vice Chairman, Jaipuria Institute of Management and other dignitaries were also present on the occasion.

  • MIL-OSI Russia: The popular science Smart Quest was held for the first time at NSU as part of the Smart Picnic

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    This format of participation of Novosibirsk State University in the traditional spring popular science festival “Smart Picnic” from Akadempark is new. The organizers tried to hold an interesting event that would introduce schoolchildren and their parents to the best university of the Multiverse a little closer.

    36 schoolchildren aged 7 to 19 took part in the Smart Quest. There were 8 teams in total, whose task was to complete a special route. The groups of participants for two hours seemed to become NSU students, who had to pass “all the tests” of the semester session and pass a total of 10 tests and exams on interactive platforms of NSU faculties and institutes.

    The grades were recorded in a real record book, which, following the quest, was given to the “commission” to sum up the results and calculate the total number of points received by the children in each game. All those who became excellent or good students received gifts from partners – Rostelecom and T-Bank (secret: absolutely all participants received prizes for participating in the quest).

    The winning teams of Smart Quest were:

    1st place – team “Roll’s Theorems”.

    2nd place – Smart team.

    3rd place – team “We know everything, but remember nothing.”

    — I decided to participate because I am planning to enter NSU in the future, I wanted to learn more about the programs. The most interesting thing was talking to the volunteers, they told me about the faculties and life at the university in general. The tasks were also interesting, for example, building a “bridge” out of noodles. We were rooting for every 100 g that the bridge would withstand.

    Our team consisted of six people, three guys from my school and two eighth-graders from Novokuznetsk. The guys were proactive. One of them was doing engineering shifts, which was very helpful in some tasks. Despite the fact that we are from different cities, we became very close with the guys, there were no disagreements, we are especially grateful to the volunteer Maria, who tried to bring us together.

    The name for the team was chosen as “Roll’s Theorems” because they had recently taken a session and the theorem was one of the questions.

    We are very happy about the victory, it was unexpected for us, because there were teams of guys that initially seemed stronger to us. We were also pleased with the prizes from the sponsors! – Vasilisa Bedareva, a student of grades 11-10, shared her impressions SUNC NSU and a member of the Rolle’s Theorems team.

    Almost all faculties and institutes of NSU took part in the Smart Quest; interactive platforms were organized in three buildings of the university – the main building, the laboratory building and the educational building.

    — I participated in Smart Quest as a volunteer headman who helped his group of newly minted “students” cope with the quest tasks. I decided to participate because I wanted to be a small part of NSU for a while. Most of all, of course, I liked showing new people our university, which looks like a small amusement park with its own zones.

    I was on the Pink team, because of their age and small number of participants they had no advantage, but they weren’t interested in winning. The little girls wanted to learn more, see more and leave more memories for the future, – said Timofey Dolgov, a fourth-year student Physics Department of NSU.

    We thank the schoolchildren who decided to get to know NSU better, and the volunteers of the Humanities Institute, the Faculty of Information Technology, the General Medicine department of the Faculty of Medicine and Medical Technology, the Faculty of Physics, the Faculty of Natural Sciences, the Faculty of Geology and Geophysics, the Faculty of Mechanics and Mathematics, the Faculty of Economics and the Advanced Engineering School for their help in organizing and lively communication with our guests!

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

    MIL OSI Russia News –

  • MIL-OSI: Gate Introduces Brand New Domain Gate.com and Brand Logo, Advancing Toward the “Next-Generation Crypto Exchange”

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, May 19, 2025 (GLOBE NEWSWIRE) — Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a new chapter in Gate’s development. The upgrade follows Gate’s 12th anniversary celebrations and aligns closely with the platform’s newly articulated vision, unveiled at its global event in Dubai, to become the “next-generation crypto exchange”. It signifies a transformative leap from industry leadership to innovation leadership, and from technical excellence to global strategic expansion.

    Previously, Gate also adopted a new Chinese name “Damen” ( 大门, meaning “The Gate”), symbolizing an open gateway to the future of crypto for users worldwide. The unified refresh of domain and logo reflects the platform’s commitment to inclusivity and signals the beginning of a new chapter in building a trusted, globally connected crypto ecosystem.

    Brand Refresh: From Visual Upgrade to Strategic Evolution

    As a pioneer in the crypto industry, Gate has focused on building a secure, compliant, and innovative digital asset trading ecosystem since its founding in 2013. Today, the platform serves over 23 million users worldwide, supports trading in over 3,800 cryptocurrencies across spot, futures, leverage, and financial products, ranking Top 3 globally by comprehensive strength. It was also among the first exchanges to implement zero-knowledge proof (ZKP) technology to verify reserve transparency, ensuring 100% verifiability of platform assets. According to its latest proof-of-reserves report, Gate’s total reserves exceed $10.865 billion, with a reserve ratio of 128.57%.

    This brand overhaul not only elevates Gate’s visual identity but also marks a critical step in its global outreach strategy. The new domain Gate.com is concise, highly recognizable, and globally intuitive, enhancing user perception of the platform’s professionalism and credibility. The newly designed logo adopts a modern, minimalist aesthetic that encapsulates Gate’s core principles of “trust as the foundation”, “technological innovation”, and “continuous evolution”, representing a comprehensive upgrade in technology, ecosystem, and compliance.

    In addition, Gate Group’s global platform Gate, along with all its locally licensed entities, Gate Japan, Gate Dubai, and Gate Europe, will adopt the unified brand name “Gate”. The brand upgrade presents a cohesive global identity and further strengthens Gate’s professional image and international influence as a leading global exchange.

    Strategic Leap: Building the “Next-Generation Crypto Exchange”

    Beneath the surface of this brand transformation lies a bolder strategic ambition. On April 30, at Gate’s 12th Anniversary Global Celebration in Dubai, Founder and CEO Dr. Han introduced the vision to build the “next-generation crypto exchange”. This strategy emphasizes transformative growth across three core pillars:

    • Technology-Driven Innovation: Continuously upgrading the trading experience through iterative product development and breakthroughs in underlying technologies.
    • Global Compliance: Establishing a robust global compliance network backed by licenses and regulatory approvals in multiple jurisdictions, strengthening industry credibility.
    • Ecosystem Integration: Expanding from trading to encompass Web3, infrastructure, and investment services, building a closed-loop digital economy.

    Gate’s mission is to continuously enhance its offerings with a professional, secure, and open approach, aiming to become a foundational infrastructure for the global digital economy and to provide future-ready, trustworthy digital asset services to users worldwide.

    Global Compliance Footprint: Expanding with Purpose

    Gate Group places strong emphasis on a “compliance-first” strategy, steadily advancing its global regulatory presence. In recent years, its various entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, and Hong Kong.

    In 2024, Gate Group’s entity completed the acquisition of Japan-licensed exchange Coin Master, further consolidating its compliance footprint in the Asia-Pacific region. Most recently, Gate Technology FZE (“Gate Dubai”), an entity of Gate Group, recently received a full operational license from Virtual Asset Regulatory Authority (VARA) in Dubai. The license authorizes Gate Dubai to offer crypto asset trading services to institutional investors, qualified investors, and retail users, marking a major milestone in its expansion into the MENA region and global markets. It is a testament to its long-standing commitment to security, transparency, and user protection.

    With parallel advancements in technology innovation, user experience, ecosystem expansion, and global compliance, Gate is evolving from a top-tier trading platform into a trusted global digital finance ecosystem. The launch of the Gate.com domain and refreshed logo represents more than a brand update—it is a declaration of Gate’s long-term commitment and vision for the global user community. Looking ahead, Gate remains firmly committed to its development principles of user-first, technological innovation, and global compliance, and will continue to work alongside users, developers, and partners worldwide to shape a safe, open, and sustainable crypto future.

    Media Contact:
    Elaine Wang at elaine.w@gate.io

    Disclaimer:
    The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/legal/user-agreement.

    Disclaimer : This is a paid post and is provided by Gate. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3cbdb202-bb7b-4591-9a4b-38ccd1e83c12

    The MIL Network –

  • MIL-OSI New Zealand: Industry awards highlight economic contribution

    Source: NZ Music Month takes to the streets

    Defence Minister Judith Collins has announced the recipients of the Minister of Defence Awards of Excellence to Industry, highlighting the significant contribution they make to New Zealand’s security, economy and workforce.
    “Congratulations to this year’s winners, whose work strengthens New Zealand’s defence capabilities and demonstrates the highest standards, skills, innovation and impact on local communities,” Ms Collins says.
    “The winners include a New Zealand and Tongan-based construction company, which built the Pacific Leadership Development Programme classrooms and fale in Tonga, and an augmented and virtual reality developer who built simulated training courses with the Royal New Zealand Navy.
    “Defence looks forward to enhancing its partnership with industry to supply military assets, equipment and infrastructure following the release of the 2025 Defence Capability Plan, which outlines $12 billion of planned commitments over the next four years.”
    Associate Defence Minister Chris Penk says this year’s recipients demonstrate industry is a trusted partner to Defence.
    “About 800 companies supply critical products and services to New Zealand’s Defence industrial base, bolstering its resilience,” Mr Penk says.
    “Defence is a major contributor to the economy, spending hundreds of millions of dollars locally on engineering and commercial services, maintenance, repair and training support.”
    Notes to editor:
    More information about the award recipients can be found on the Ministry of Defence website: www.defence.govt.nz/business-and-industry/industry-awards/2024-awards-of-excellence-for-industry 
    Imagery of the Minister of Defence Awards of Excellence to Industry event at Parliament will be available at 10am on 20 May: www.nzdf.mil.nz/nzdfmedia 
    Ministry of Defence Youtube channel here: https://youtube.com/@NewZealandMinistryofDefence
    2024 Category Winners:
    Category A – Prime Contractor of the Year – Hawkins  
    Category B – Sub-contractor/Small to Medium Enterprise of the Year Product – (two winners) Build N Concrete and Seipp Construction
    Category C – Sub-contractor/ Small to Medium Enterprise of the Year Service – The Sysdoc Group
    2024 Special Award Winners:
    Tū Kaha (Courage) – Dr Laura Robichaux (Beca)
    Tū Tika (Commitment) – (two winners) Krystal Paraone (StaplesVR) and Rodney Bosch (PAE) 
    Tū Tira (Comradeship) – Paul Grant (Kuehne + Nagel Limited)
    Tū Māia (Integrity) – Damian Little (Hawkins) 
    Kotahitanga (Unity) – Annette Smith (The Sysdoc Group)
     
    The Minister of Defence Awards of Excellence for Industry are administered by the New Zealand Defence Industry Advisory Council on behalf of the Minister of Defence.

    MIL OSI New Zealand News –