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  • MIL-OSI: Zappify Reviews: Don’t Waste Your Money On Zappify 2.0 Till You’ve Read This!

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, N.J., May 19, 2025 (GLOBE NEWSWIRE) — Each year, mosquito-borne diseases kill more than 700,000 people worldwide, making the tiny-looking insect the deadliest animal on Earth. Malaria alone accounts for nearly 600,000 of those deaths, with an estimated 597,000 malaria-related fatalities in 2023 despite intensified control efforts. Dengue fever is not far behind, infecting over 390 million people annually and causing approximately 21,000 deaths each year.

    Beyond these two, mosquitoes also transmit Zika, chikungunya, yellow fever, and other pathogens, placing over half of the world’s population at risk of at least one mosquito-borne disease. In 2024 alone, more than 7.6 million dengue cases have already been reported, highlighting how critical effective protection is in both urban and rural settings. Even as global malaria cases hit 249 million in 2022, resulting in 608,000 deaths, the need for transformative, chemical-free solutions has never been clearer.

    Introducing Zappify: an innovative, compact bug zapper crafted to protect your home and outdoor spaces without emitting DEET or other harmful chemicals. Harnessing a tri-band UV LED system skillfully tuned to the peak attraction wavelengths of Aedes and Anopheles species, Zappify lures mosquitoes into a high-voltage grid, instantly neutralizing them.

    Many Zappify reviews say its lightweight cylinder build delivers 360° coverage, generating a mosquito-free zone of up to 30 m² in under minutes, while the whisper-quiet operation and up to 13 hours of battery life mean you can enjoy pest-free evenings without disturbance. Constructed in collaboration with entomologists and materials scientists, Zappify blends groundbreaking insect behavior science with rugged, intuitive engineering to provide visible results.

    Are you ready to reclaim your space from these deadly pests? Read on to understand how Zappify’s sophisticated technology works, why it’s become a crucial tool for families and professionals, and how you can purchase your device today to eradicate it from your space…

    What Is Zappify?

    Zappify is a groundbreaking, portable anti-mosquito lamp engineered to turn any space, indoors or out, bug-free without the use of toxic chemicals. Zappify is a 100% safe and rechargeable bug zapper that allows you to enjoy your interior and outdoors bug and mosquito free in the USA and Canada.

    Zappify is equipped with advanced technology that uses three different wavelengths of light to attract, trap, and eliminate mosquitoes and bugs to death with unparalleled efficiency. Zappify 2.0 comes with numerous innovative features and unbeatable advantages that make it the best mosquito zapper out there.

    Created from the real-life frustration of Nathan Clarke, Zappify provides a humane,silent solution to bites and buzzing. Its sophisticated, cylindrical form factor permits 360° bug attraction, whether positioned on a table or dangling from a window. Zappify’s chemical-free function guarantees it’s harmless for kids, animals, and anyone with sensitivities to traditional insect deterrents.

    Many consumer reports categorically state that Zappify is a must-have in your outdoor gear because of its 3-in-1 design, which functions as a bug zapper, flashlight, and an all-weather camping light. All Zappify customer’ review claim that it is portable and lightweight, making it simple to carry with you wherever you go. The Zappify is constructed with top-quality components for exceptional durability and functionality.

    The functionality of Zappify 2.0 is ensured throughout all four seasons because they are designed with enduring quality in mind, are weather-resistant, strong and sturdy. Beneath its sleek exterior, Zappify 2.0 delivers remarkable performance: a three-band UV lamp that releases three unique wavelengths shown to draw up to three times more flying insects, funneling them into a 2,000-volt electrified grid that offers instant zaps.

    Zappify promises to be a long-lasting addition to both your indoors and outdoor spaces, offering reliability and performance for years to come. Runners, campers, and backyard chefs alike appreciate the Zappify rechargeable battery’s commendable 13-hour runtime, which is twice the capacity of the original model. Zappify also has an intuitive digital readout that keeps the user informed when it’s time to recharge.

    Developed for casual users and outdoor professionals, many user reviews emphatically agree that Zappify offers professional-grade bug control in a compact, IPX5-waterproof package. A handy carabiner makes repositioning or relocation of the Zappify very easy, while its USB-C charging port ensures steady protection for the device. Zappify provides a scientifically grounded, chemical-free defense that keeps families, travelers, and event planners one step ahead of bites and buzzing.

    Many American and Canadian customers find Zappify effective, working well both inside and outside, and catching hundreds of bugs. The Zappify 2.0 receives positive feedback for its appearance, with every customer noting its attractive purple LED design, and customers consider it worth the price. Zappify is valued as the best and easy to use portable bug zapper that you can use anywhere conveniently.

    CLICK HERE TO BUY YOUR ZAPPIFY FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    What Are The Unique Characteristics of Zappify (Zappify Reviews)

    • 30 m² 360° Coverage Zone: Zappify’s refined cylindrical design projects its electrified grid in a full 360° arc, creating an insect‐free perimeter up to 30 square meters—three times the range of its first model. Internally, the device holds optimally spaced stainless‐steel electrodes that support uniform voltage across the entire surface. This guarantees that any mosquito entering the marked zone is attracted and neutralized, whether the unit sits on a tabletop corner or in the center of your balcony.
    • 13-Hour Rechargeable Battery Pack: Fundamentally, Zappify contains a high‐capacity lithium‐ion battery that lasts for 13 hours of continuous operation. The battery cells are installed in a rugged, IPX5‐rated housing to withstand outdoor moisture, while an improved charging circuit regulates current for safe, effective recharges via USB-C. This extended autonomy lets you utilize the unit overnight or throughout day long outdoor activities.
    • 2,000-Volt Electric Elimination Grid: Zappify’s advanced zapper grid provided a high‐voltage pulse of 2,000 volts, over three times the power of the earlier generation, through its corrosion‐resistant electrodes. The grid’s mesh spacing is accurately calibrated to admit even the smallest mosquitoes while eliminating accidental contact by fingers or pets. When an insect enters the space, the intense discharge instantly terminates it, converting electrical energy into a quick, clean arc.
    • Portable and Compact: Zappify is lightweight and compact, making it easy to take with you wherever you go. It easily fits in your bag, as you head out this summer. You can use it at the park, patio, ball game, or wherever you want for maximum mosquito relief. It’s perfect for any activities you don’t want mosquitoes to ruin!
    • Three-Band UV Light Attraction System: Replacing the single‐wavelength bulb of its predecessor, Zappify uses a tri‐band UV lamp that emits three distinct ultraviolet frequencies proven to attract a broader spectrum of mosquito species. Each band is tuned to specific insect photoreceptors, optimizing attraction efficacy by up to 300%. Enclosed within a secured quartz sleeve, the UV modules are rated for long-term stability, ensuring consistent output over hundreds of work hours.
    • Integrated 12-LED Ultra-Bright Lantern: Beyond its bug‐zapping capabilities, Zappify has an array of 12 high-intensity LEDs around its base, serving as a multi-purpose lantern. Each LED is selected for enhanced luminosity and energy efficiency, delivering ambient illumination for campsites, balconies, or interior spaces. The LEDs are calibrated with the unit’s power management system to draw minimal current, ensuring the lighting feature can run concurrently impacting overall battery life.
    • Precision Battery Life Indicator: To keep users informed, Zappify features a digital battery‐life indicator panel installed in it. Three LED segments display the remaining charge in real time, and a single button press provides an instant status update. The indicator circuit blends with the device’s charge controller to adapt to any temperature and load, providing a precise estimate of remaining operational time, removing any guesswork, and ensuring you know accurately when to recharge.
    • Weatherproof: Zappify has an IPX5 waterproof rating that makes it compatible with outdoor use. The anti-bug lamp is designed to withstand weather conditions, including rain, intense heat, wind, and extreme weather. As a result, it can function appropriately in outdoor environments without being damaged. Moreover, it’s durable and practical as it can work in damp conditions. In addition, it’s convenient as it doesn’t require additional protection or maintenance.
    • Noiseless Operation: Zappify’s noteworthy and defining feature is its ability to operate quietly. In contrast to other portable gadgets of its sort, the Zappify runs silently, which is great because it means you won’t have to put up with excessive noise.
    • Chemicals-free: The Zappify sets itself apart from traditional insecticides and mosquito zappers, which include a number of chemicals or other substances that are exceedingly dangerous to human health. Zappify 2.0 kills insects without the use of harmful chemicals. It is a third-generation device that attracts and zaps insects or pests using UV light energy.
    • Handy Hanging Loop: Zappify comes with a handy hanging loop that makes it easy to hang anywhere you need it. You can hang it in your backyard, on your patio, or even in your tent. It is an ideal camping or outdoor accessory for any summer adventure.

    Does Zappify Really Work? (Zappify Reviews)

    Zappify works on a straightforward yet highly effective principle by employing a potent blend of UV light and a 2,000-volt electrified grid to draw in and eliminate mosquitoes and bugs within a 30 square meters range. Unlike chemical sprays or sticky traps, Zappify 2.0 doesn’t emit toxins or odors, instead relying on UV wavelengths that insects instinctively can’t resist.

    The official Zappify website revealed that the cylindrical build ensures a full 360° attraction field, while the sturdy electric discharge prompt zaps any bug that makes contact. In lab-style tests and controlled demonstrations, this synergy of attraction and high-voltage power consistently kills mosquitoes massively in minutes, creating a “dead zone” of mosquito-free space indoors or outdoors.

    Beyond the technical power, real-world users completely confirm Zappify’s performance. Every review unequivocally agrees that Zappify 2.0 works perfectly well. The Zappify’s combination of chemical-free operation, extended 13-hour battery life, and sturdy safety grills makes it one of the most dependable and intuitive mosquito killers on the market.

    Finally, Zappify has been very much well-received by customers, with 5-star ratings from overwhelming positive reviews praising its exceptional efficacy and performance, Zappify has quickly gained a reputation as a must-have tool for mosquito and bug control in the United States and Canada. Backed by a 30-day money-back guarantee and a 1-year warranty, it’s a low-risk remedy that changes evenings from itchy frustration into peaceful, bite-free enjoyment.

    Why Should You Buy Zappify?

    Zappify isn’t just another bug zapper, it’s a versatile, chemical-free defense system crafted to secure your home and protect you and your loved ones from disease-carrying mosquitoes. Its plush, cylindrical design releases distinct UV wavelengths that lure mosquitoes and funnel them into a 2,000-volt electrified grid that zaps pests promptly and humanely.

    Zappify covers up to 30 m², using its powerful UV light and extra 12-LED camping light to lure insects from all sides, while also providing soft, ambient illumination for evening use. Fueled by a single USB-C top-off that powers you for up to 13 hours, it is clear digital meter helps you schedule recharges in advance, so you can regulate multi-day adventures without worrying about running low.

    Beyond maximum performance, Zappify offers unmatched versatility and security. It’s IPX5 waterproofed for reliable outdoor use, compact and lightweight for easy transport, and comes with a handy carabiner handle so you can hang it wherever mosquitoes gather.

    Zappify is 100% safe around children and pets, making it the best choice for families, campers, and professionals alike. As new, deadly mosquito species expand their range and global mosquito-borne diseases rise, Zappify stands out as a scientifically proven, user-friendly solution that works discreetly in the background, equipping you to enjoy your evenings.

    Many reviewers confirm that Zappify distinguishes itself from other mosquito control solutions by offering comprehensive features and benefits in the United States Of America. Zappify ticks all the boxes and as such it is reliable, legit, rechargable, weatherproof and very user-friendly. Many customers categorically agree that Zappify 2.0 is the most advanced yet user friendly bug zapper available on the market today.

    What Are The Beautiful Benefits That Come With Using Zappify (Zappify Reviews)

    • 100% Chemical-Free Family Protection: Zappify works without emitting DEET or any toxic repellents, guaranteeing your safety and ensuring that every zap is purely electrical. This chemical-free method makes it safe for the children’s rooms or next to your outdoor dinner spot without worrying about skin irritation or inhalation hazards.

    According to environmentalist J. Duffy, “I trust Zappify 2.0 to keep my family bite-free. It’s cost-friendly, easy to use, and KILLS A TON of mosquitoes.” His experience underlines how Zappify provides potent mosquito control without exposing loved ones to toxic substances, changing any space into a safe, toxin-free zone for play, sleep, and family gatherings.

    • Expansive 30 m² Coverage for Complete Peace: With its sturdy predecessor, Zappify generates a mosquito “dead zone” spanning up to 30 square meters. You no longer need many devices to safeguard your backyard or large living room; one unit delivers the required results.

    Backyard enthusiast Daniel Klein raved, “Zapped ALL of the bugs in my backyard! … Being able to sit outside at night was just awesome.” His backyard-wide mosquito eradication indicates that Zappify doesn’t solely minimize nuisance; it eliminates buzzing intruders across wide areas, giving you undisturbed evening barbecues, hangouts, or living-room relaxation.

    • Long-lasting, Portable Power for All-Day Protection: Providing up to 13 hours of continuous operation from sunset into the night or across a full day of campsite fun. It’s rechargeable via USB-C, and the installed battery indicator enables easy monitoring of the power levels.

    As reviewer Marcus confirms, “Holds a charge through the night while I sleep soundly! Not a bite on me in the morning.” Whether you’re camping, hosting an outdoor party, or simply seeking undisrupted rest, Zappify’s endurance guarantees you remain bite-free around the clock.

    • Ultra-Effective 3-Band UV Attraction for Maximum Capture: Zappify’s proprietary three-wavelength UV lamp is synchronized to insect vision, luring in mosquitoes more powerfully than single-band lights. This innovation transforms your device into a magnet for every stray mosquito in the vicinity—no more blind spots.

    Paul Connors attests, “I placed it next to my bed … the device easily attracted a ton of mosquitoes and other insects.” His success story indicates that Zappify doesn’t lean on guesswork; its scientifically tuned light spectrum ensures every mosquito within range is exterminated.

    • Quiet, Discreet Operation for Restful Nights: Unlike conventional zappers that crackle loudly, Zappify keeps a low “buzz-zap” whisper that doesn’t interrupt your sleep or conversation. The sound is so discreet that once mosquitoes vanish, you barely notice the device.

    Peter Bridges notes, “This mosquito killer works … I saw a bug flying in my room and the zapper lured it into the bag and zapped it.” His comment suggested how Zappify’s silent performance interacts with your environment, providing mosquito extermination without the soundtrack of electrical arcs.

    • Great for Indoor and Outdoor Use: Zappify’s versatile design makes it suitable for both indoor and outdoor use. Whether you’re enjoying a quiet evening indoors or spending time in the backyard, Zappify adapts to various environments, offering consistent mosquito protection.
    • Environmentally Friendly: By eliminating the need for toxic chemicals and offering a USB-rechargeable battery, Zappify contributes to environmental sustainability. Users can enjoy effective mosquito control without compromising on eco-friendliness.
    • Durable Construction for Long-Term Use: Crafted from high-quality and durable materials, Zappify is designed for long-term use. Its robust construction ensures that the device maintains its effectiveness over time, providing reliable mosquito control for an extended period.
    • Versatile for Different Occasions: Zappify enhances outdoor enjoyment by creating a mosquito-free environment. Whether you’re hosting a barbecue, camping under the stars, or simply relaxing in the backyard, Zappify ensures that mosquitoes don’t disrupt your outdoor activities, allowing you to make the most of your time spent outdoors.

    CLICK HERE TO BUY YOUR ZAPPIFY FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Why Is Zappify Better Than Other Products in the Market?

    Most mosquito zappers on the market rely on a single UV wavelength and a modest electric grid, leaving large swaths of your outdoor or indoor space open to mosquito infestation. Zappify breaks these limitations with a three-band UV light. This process creates a mosquito-free zone covering up to 30 m², three times the range of many competitors.

    Moreso, its cylindrical, 360° design lures insects from all angles rather than just one direction. Coupled with a rechargeable battery that lasts up to 13 hours, far beyond most rival units, this level of performance ensures consistent, dependable protection through the night without plugging into an outlet.

    Zappify is impressively user-friendly and suitable for people from all backgrounds. It’s designed to be easy to use right out of the box making it an environmentally friendly way to eliminate mosquitoes and other flying insects. Zappify reviews have a consumer reports average rating of 9.10/10.0 for how well it eliminates bugs and mosquitoes, its affordability, and how swift it is to purchase in the USA and Canada.

    All reviewers revealed that this upgraded Zappify stands out among others as the safest and most reliable option due to its unique combination of features that prioritize both effectiveness and safety. Unlike many competing products, Zappify boasts a 100% non-toxic design, making it completely safe for use around children and pets. This distinguishes it as a family-friendly solution for mosquito control, providing peace of mind to users concerned about the potential risks associated with chemical-based alternatives.

    Finally, its installed LED camping lantern and an IPX5 waterproof rating guarantee good illumination and protection for your campsite in any weather. With a handy carabiner for safe positioning, USB-C recharging for universal compatibility, and easy-clean mesh screens, Zappify emerges as a professional-grade mosquito control system engineered for casual users and seasoned outdoor enthusiasts.

    How Do You Use Zappify? (Zappify Reviews)

    Deploying your Zappify is as simple as charging, positioning, and powering on—here’s how to turn on your 360° mosquito shield in just a few steps:

    • Charge & Check: Plug the USB-C cable into Zappify’s port and charge until the digital battery-life indicator reads full (up to 13 hours of runtime).
    • Choose & Place: Decide whether you need indoor or outdoor protection, then either hang the cylinder by its carabiner or set it on a flat surface at the center of your seating area—each unit covers a 30 m² “dead zone.”
    • Activate the Lights: Press the power button to ignite the three-band UV lamps and 12 ultra-bright LEDs. The multi-wavelength spectrum will begin drawing in mosquitoes from every angle.
    • Zap: As insects approach, they’ll fly into the electrified 2,000-volt grid and be exterminated.
    • Monitor & Maintain: Watch the battery readout; when it runs low, recharge for your next outing. After use, simply brush out the collection tray for easy cleanup.

    Is Zappify Really Worth My Money? (Zappify Reviews)

    When you weigh Zappify’s upfront cost against potential expenses and risks of using conventional mosquito control chemical sprays, replacement coils, or bite-soothing treatments the value proposition becomes clear. A single charge and you are protected for up to 13 hours across a 30 m² radius. By eliminating the need for DEET-based lotions or indoor foggers, Zappify keeps your family from toxic exposure.

    Beyond pure economics, Zappify provides premium functionality that justifies every penny spent. Zappify is an upgraded and advanced bug zapper making it one of the best, if not the absolute best, bug zapper out there on the market and here is why we say so. Zappify comes with three times as many wavelengths to capture bugs, 12 LED Ultra-Bright Camping Light that attracts more bugs and lights your surroundings, three times the killing range and extended battery life.

    In fact all reviewers categorically agree that Zappify is superior to all other conventional bug zappers out there on the market for its powerful rechargeable battery features, multi-function design, more bug killing power, and futuristic zapper design. When viewed in the context of its effectiveness, versatility, and durability, the Zappify comes off as a worthwhile investment for anyone seeking a permanent solution to their bug-related woes.

    CLICK HERE TO BUY YOUR ZAPPIFY FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Pros – Zappify Reviews

    • Zappify is compact and portable
    • Provides you with powerful mosquito killing power
    • Multipurpose functionality as a mosquito zapper and a lantern
    • Long-lasting USB rechargeable battery
    • Comes with a handy hanging loop that makes it even more convenient to use
    • Features 3 brightness features
    • It is water resistant
    • Zappify 2.0 does not contain any harmful chemicals or substance
    • Zappify 2.0 has a lightweight and hangable design
    • It is very easy to use
    • High efficiency
    • Comes with a special introductory 50% OFF discount if you order now from the main site!
    • Quick delivery
    • 30-day money-back guarantee
    • Zappify is a futuristic zapper that works to clear your area of mosquitoes fast.
    • Zappify is designed to deliver an effective 360° anti-mosquito shield that will rid you of annoying, biting insects once and for all.

    Cons (Zappify Reviews)

    • Zappify 2.0 is not available for purchase on local stores and third party eCommerce sites like Amazon, eBay, Walmart, and the likes of them.
    • Zappify 2.0 can only be purchased online from the product’s official website alone
    • Shipping fees may apply
    • Zappify has the tendency to sell out fast again

    Is Zappify a Scam or Legit?

    Zappify is a genuine, FDA-compliant mosquito zapper produced by Sapience Group LLC, a New Jersey-based company with a clear corporate address and powerful DMCA protection. With over 231,421 verified ratings and social-proof testimonials from real users including farmers, campers, and suburban families, Zappify has shown a consistent ability to exterminate mosquitoes across diverse environments.

    Based on honest Zappify customer reviews, Zappify is 100% legit and reliable for ultimate performance. As per consumer reports, the Zappify has 4.95 -star impressive ratings given by the customers of Canada & USA which also mean it is one of the most reliable and dependable mosquito zapper available in the market.

    That said, legitimacy hinges on buying through the official Zappify website to ensure you receive the authentic, chemical-free unit with full warranty protection. Ultimately, Zappify is a legitimate solution for mosquito and bug control, provided you order from authorized channels, take advantage of the money-back guarantee, and follow the simple setup instructions for optimal effectiveness.

    How Much Does Zappify Cost?

    Zappify is currently selling at incredibly affordable prices, with flexible bundle options tailored for every need and budget:

    • Buy one Zappify 2.0 for $39.99
    • 2x Zappify 2.0 – $39.99 each (50% off)
    • 3x Zappify 2.0 – $29.99 each (62% off)
    • 4x Zappify 2.0 – $29.99 each (62% off)

    These discounted bundles are ideal for home use, travel, or as intentional gifts. With up to 62% savings, it’s a smart and affordable investment in a fly-free, comfortable living space. Seize this limited-time pricing opportunity before it sells out!

    Zappify Where To Buy? (Zappify Reviews)

    Zappify is widely available through trusted online platforms, making it easy and convenient to purchase from the comfort of your home. However, the best place to buy Zappify is directly from the official website, where you can take advantage of exclusive deals, bundle discounts, and special promotions that may not be available elsewhere.

    CLICK HERE TO BUY YOUR ZAPPIFY FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Zappify Consumer Reports And Customers Complaints Reviewed

    Claude T.
    “I used Zappify in my tent when I was camping, and it worked perfectly. The mosquitoes were flying directly to the light and they got zapped. Easy to charge and the perfect size to carry around.”

    Randy R.
    “Easy to use, easy to clean, and it kills mosquitoes fast! It’s just about the best camping accessory you’ll find. Perfect for the outdoors.”

    Luka T.
    “Just recently bought this Zappify zapper after reading all the reviews. I definitely recommend it to future buyers that this little gizmo really works. I saw a bug flying in my room which I can’t catch and I turned on the Zappify 2.0 & it worked to lure the bug and zap it.”

    Greg H.
    “Zappify 2.0 works as described!! Placed it next to my bed over for a few nights, and the device miraculously attracted a decent amount of mosquitoes and even other insects. It also comes with a small handy brush which makes cleaning up very easy and fuss-free.”

    Frequently Asked Questions About Zappify 2.0 Reviewed

    How does Zappify 2.0 work?

    Zappify employs a three-band UV light to attract mosquitoes and flying insects from up to 30 m² away. Once lured in, they contact a 2,000-volt electrified grid that instantly zaps them—no chemicals, sprays, or traps needed.

    Does Zappify require a wall outlet for power?

    Absolutely not. Zappify 2.0 operates on a rechargeable battery and comes with a USB connection for charging. You do not need to have it plugged in to use it, which is the idea behind the battery being rechargeable.

    Can I use Zappify around my kids and pets?

    Absolutely, Zappify is safe to use around kids and pets! This Zappify mosquito repellant does not contain DEET or any harmful chemicals. So it is absolutely safe for kids and pets. For your health and that of your loved ones, cease using harmful chemicals on your home in the name of eliminating mosquitoes. Opt for this 100% safe to use modern zapper, that kills mosquitoes dead without any toxic substance.

    What are some tips to maximize the effectiveness of my Zappify?

    Well, according to the providers of the Zappify , to maximize the effectiveness, you must position your Zappify 2.0 in your desired location and let it run for at least two hours before using the place. This is to totally clear the area of mosquitoes prior to your presence there. In addition to that, ensure you minimize ambient light around the device so that the Zappify 2.0’s LED lights can effectively attract mosquitoes without having to compete with other light sources that may decrease its effectiveness.

    Is Zappify easy to use?

    Zappify is completely user-friendly! You do not need to be tech-savvy to use Zappify. Simply remove your Zappify 2.0 from its packaging and charge it with the included USB cord, and that is all. You can place the Zappify 2.0 upright or hang it. Then turn it on and watch as it zaps all the mosquitoes in your territory.

    Can I use Zappify indoor?

    Absolutely! Zappify is safe for both indoor and outdoor use. It is safe to use in various rooms and settings including bedrooms, living rooms, kitchens, and outdoor spaces like camping grounds and gardens.

    How do I clean my Zappify?

    Cleaning Zappify is very simple and easy. Ensure that your Zappify is unplugged, then remove the removable tray or grid, dispose of the zapped mosquitoes and insects, and clean the tray with a soft brush or cloth. Your Zappify package comes with a user manual for specific cleaning guidelines.

    Does Zappify make a lot of noise?

    No, not at all. Zappify does not cause any racket. It is designed to operate quietly. The electric grid produces a minimal sound when insects are zapped, ensuring a peaceful environment for both indoor and outdoor use.

    Final Remarks On Zappify Reviews

    Zappify represents a breakthrough in mosquito control, it integrates refined UV-attraction technology with a high-voltage electric grid, completely chemical-free. Its 360° cylindrical engineering and three-band UV lamps work in harmony to draw in and exterminate insects across a generous 30 m² radius, so you can enjoy your indoor and outdoor spaces without having to depend on toxic sprays or messy traps.

    Moreover, Zappify 2.0 promotes convenience and safety. Experience up to 13 hours of uninterrupted use from a single USB-C charge ideal for twilight get-togethers or overnight adventures and is placed with its intuitive power-status display so you’re always in supervision. The IPX5 water-resistant casing and enclosed zapper grid mean you can hang it outdoors or near children and pets without health hazards. Cleaning is seamless, thanks to a removable collection tray and included brush.

    In all, Zappify is an indispensable breakthrough in mosquito eradication systems. Whether you’re hosting a backyard barbecue, settling into a bedroom for the night, or pitching a tent on your next camping trip, Zappify provides an instant “dead zone” against disease-carrying pests. With its 30-day money-back guarantee, there’s no risk: if it doesn’t live up to its claims, you’ll get your money back stress-free.

    CLICK HERE TO BUY YOUR ZAPPIFY FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT TODAY

    Media Contact:
    Name: Emily Carson
    Company: Zappify
    Address: 78 John Miller Way, Kearny, New Jersey 07032
    Email: emily@myzappify.com
    Phone: +1 (888) 452-9983
    Website: https://www.myzappify.com

    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
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    https://www.globenewswire.com/NewsRoom/AttachmentNg/eb0473c6-53d4-463f-afbb-5ab504eadd71

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0c3f6326-6982-4480-a10a-cfaef25b23e2

    https://www.globenewswire.com/NewsRoom/AttachmentNg/af0be3d5-ae60-46e9-98ba-1e63f5ce80f6

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fb19d00b-369c-4a36-9e48-0e15891f873c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/63f7976e-0b2c-47f6-98e7-0c204ac81d03

    The MIL Network –

  • MIL-OSI: Share repurchase programme: Transactions of week 20 2025

    Source: GlobeNewswire (MIL-OSI)

    The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions have been made under the program:

      Number of
    shares    		 Average purchase
    price (DKK)    		 Transaction
    value (DKK)
    Accumulated, previous announcement 898,530 529.75 475,996,768
    12 May 2025 2,000 596.38 1,192,752
    13 May 2025 2,000 594.10 1,188,190
    14 May 2025 2,000 599.75 1,199,495
    15 May 2025 2,000 605.74 1,211,485
    16 May 2025 2,000 609.75 1,219,493
    Accumulated under the programme 908,530 530.54 482,008,182

    Following settlement of the transactions stated above, Jyske Bank will own a total of 3,673,648 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 5.72% of the share capital.

    Attached to this corporate announcement, aggregated details on the transactions related to the share repurchase programme are shown by venue.
                                                             
    Yours faithfully,
    Jyske Bank

    Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.

    Attachment

    The MIL Network –

  • MIL-OSI: 28/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 28 / 2025
    Schindellegi, Switzerland – 19 May 2025

    Trifork Group: Weekly report on share buyback

    On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million). Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital. Under the program, the following transactions have been made:

    Date      Number of shares        Average purchase price (DKK)        Transaction value (DKK)
    Total beginning    82,174 86.29 7,090,659
    12 May 2025 1,400 92.38 129,332
    13 May 2025 1,300 92.78 120,614
    14 May 2025 1,300 92.19 119,847
    15 May 2025 1,400 92.00 128,800
    16 May 2025 1,300 92.40 120,120
    Accumulated 88,874 86.74 7,709,372

    A detailed overview of the daily transactions can be found here: https://investor.trifork.com/trifork-shares/

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 88,874 at a total amount of DKK 7,709,372.
    On 25 March and on 25 April 2025, 2,929 shares acquired through the share buyback program were utilized for the Executive Management’s monthly fixed salary, representing a change from cash payment to payment partly in shares (refer to company announcement no. 1 of 21 January 2025). On 1 April 2025, 19,943 shares acquired through the share buyback program were utilized to serve the RSU plan of Executive Management and certain employees.

    With the transactions stated above, Trifork holds a total of 322,331 treasury shares, corresponding to 1.6%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,422,568.

    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering and global technology partner, empowering enterprise and public sector customers with innovative digital solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Trifork Group AG is publicly listed on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI Economics: CBB Governor Participates in Shura Council Forum on Inclusive and Sustainable Economic Development

    Source: Central Bank of Bahrain

    CBB Governor Participates in Shura Council Forum on Inclusive and Sustainable Economic Development

    Published on 18 May 2025

    Manama, Bahrain – 18 May 2025: HE Khalid Humaidan, Governor of the Central Bank of Bahrain (CBB), took part in the ‘Towards Inclusive and Sustainable Economic Development’ Forum hosted by the Shura Council. The event was attended by HE Ali bin Saleh Al Saleh, Chairman of the Shura Council, and HE Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, alongside various ministers and industry professionals from the public and private sectors.

    HE the Governor shared his insights in a panel discussion on national development efforts carried out under the Kingdom’s Economic Vision 2030, including the Economic Recovery Plan and strategies to strengthen growth in priority sectors. Through his participation, HE highlighted the CBB’s role in driving economic development and achieving sustainable economic growth.

    During the session, HE Khalid Humaidan underscored the financial sector’s 17% contribution to the GDP, making it a prime sector for foreign direct investments, in addition to delivering the highest salary rates for around 14,800 employees. HE stated that establishing an innovative, local regulatory environment requires greater investment in digital transformation, human capital growth, and skills development. He also noted the importance of developing regulatory systems that achieve a balance between stability and innovation.

    HE discussed the CBB’s efforts to support the digitalization of the financial system by developing dedicated supervisory systems and enhancing payment and settlement efficiencies. In addition to adopting the highest governance, compliance and consumer protection standards thereby building trust between all parties. He emphasized the importance of attracting investors to facilitate digital transformation, while creating a supportive technical infrastructure to elevate the quality of financial services in Bahrain.

    This participation reflects the CBB’s strategic directive to engage in ongoing dialogue on issues relating to economic and financial sector growth.

    Share this

    MIL OSI Economics –

  • MIL-OSI Global: The re-emergence of polio in Papua New Guinea shows global eradication remains elusive

    Source: The Conversation – Global Perspectives – By Michael Toole, Associate Principal Research Fellow, Burnet Institute

    Last week the World Health Organisation (WHO) declared a polio outbreak in Papua New Guinea (PNG).

    The highly infectious virus was found in two healthy, polio-vaccinated children who were screened following detection of the virus during routine wastewater sampling in Lae, PNG’s second largest city. Wastewater samples are also positive in the capital Port Moresby, indicating the potential of spread around the country.

    The strain has been identified as circulating vaccine-derived poliovirus type 2, similar genetically to a strain circulating in Indonesia.

    So what does this mean? And what will happen now in PNG?

    First, what is polio?

    Polio, or poliomyelitis, is a highly contagious disease caused by the poliovirus. It primarily affects children.

    Most infections don’t cause significant symptoms and go largely unnoticed. But less than 1% of infections result in paralysis.

    Poliovirus is spread by person-to-person contact or the ingestion of contaminated virus from faeces. The virus multiplies in the gut of people who are infected, and they shed the virus in their stool for several weeks. In this way it can spread through a community, especially in areas with poor sanitation.

    A recent review also suggested a greater role for transmission via respiratory particles than we previously thought.

    Wild poliovirus (as distinct from vaccine-derived poliovirus, which we’ll discuss shortly) was a major public health issue prior to the rollout of vaccination in 1950s. This campaign led to the virtual elimination of the disease in rich countries such as Australia.

    Since the Global Polio Eradication Initiative was launched in 1988, cases have decreased by 99% globally. Wild poliovirus remains endemic only in Pakistan and Afghanistan.

    Polio is caused by the poliovirus.
    Kateryna Kon/Shutterstock

    Polio vaccines

    There are two types of vaccines – the oral polio vaccine and the inactivated polio vaccine.

    Delivered as two drops in the mouth at least four times in early childhood, the oral vaccine contains a live-attenuated (weakened) form of the poliovirus. It triggers a strong immune reaction in the gut that slows the replication of wild poliovirus, and reduces shedding in the stool, limiting transmission.

    The oral vaccine does carry a small risk of the weakened vaccine strain causing paralysis. This occurs in
    roughly one in 2.7 million doses of the oral vaccine administered, usually at the first dose.

    The inactivated polio vaccine (part of the routine immunisation program in Australia) contains an inactivated or dead form of the poliovirus, which is unable to cause polio in the recipient.

    Given as an injection, this vaccine stimulates the immune system to produce protective antibodies in the blood against poliovirus. Three doses of the inactivated vaccine are highly protective against developing symptoms and paralysis from polio.

    However, this vaccine is thought not to be as effective as the oral vaccine at preventing infection and shedding in the gut. Therefore, it doesn’t prevent transmission.

    What is vaccine-derived poliovirus?

    As the weakened poliovirus in the oral vaccine is still shed in the stool, it can spread in communities with poor sanitation. The vaccine strain can mutate to a form that can cause paralysis, like wild poliovirus. The result, circulating vaccine-derived poliovirus, is a problem particularly when polio immunisation rates are low.

    The risk of international spread of vaccine-derived poliovirus has been assessed as high by the WHO and United States Centers for Disease Control and Prevention. There were outbreaks in 39 countries in 2023–24.

    A novel oral polio vaccine, nOPV2, which is less likely to mutate, has been used in outbreaks of vaccine-derived poliovirus since 2021.

    Routine vaccination with the inactivated polio vaccine is key to preventing vaccine-derived poliovirus, and is recommended by WHO. The polio endgame will involve this transition from the oral vaccine to the inactivated vaccine.

    In 2019, all countries had introduced the inactivated vaccine. However uptake remains low because of a lack of resources and inadequate access to health services in poor countries.

    What happens now in PNG?

    The PNG government has responded swiftly to activate its polio emergency response plan, supported by partners including WHO, UNICEF and the Australian government.

    Notably, PNG’s vaccination rate is among the lowest in the world, with only about 50% of children born each year receiving the recommended childhood vaccines, including the oral polio vaccine. To induce herd immunity and prevent outbreaks of disease, coverage should be at least 95%.

    PNG was declared polio free in 2000. But there was an outbreak in 2018 of vaccine-derived polio type 1 with 26 cases across nine provinces. The outbreak was brought under control through supplementary rounds of vaccination, enhanced surveillance, and expanded communication and community engagement.

    There are many lessons to be learned from the successful response to the 2018 polio outbreak. These three pillars of the response remain relevant:

    • mass vaccination (using nOPV2)
    • enhanced surveillance for cases and wastewater sampling
    • communication (through traditional and social media) and localised community engagement.

    Further research will be crucial to understand where transmission is occurring and target the response accordingly. This includes the question of potential for spread between Indonesia and PNG – a neglected health security issue.

    How about the risk in Australia?

    While the risk of spread of polio in Australia is low, the virus does not respect borders, and we cannot become complacent.

    Australia’s overall coverage with the inactivated vaccine is close to 95% but there has been a concerning decline in childhood immunisation since the COVID pandemic. Australia must address this and maintain its polio wastewater monitoring system.

    Supporting PNG and working with other countries towards global polio eradication is the best way Australia can protect itself.

    This outbreak is a timely reminder that the last mile in the global eradication of polio remains elusive. As we emerge from a pandemic, the need for international cooperation, strengthening health systems and responding swiftly to health emergencies such as polio couldn’t be stronger.

    Michael Toole has received funding from the National Health and Medical Research Council.

    Suman Majumdar, through the Burnet Institute receives grant funding from the Victorian Government and the Australian Government via the National Health & Medical Research Council of Australia, the Medical Research Future Fund and the Department of Foreign Affairs and Trade.

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

    – ref. The re-emergence of polio in Papua New Guinea shows global eradication remains elusive – https://theconversation.com/the-re-emergence-of-polio-in-papua-new-guinea-shows-global-eradication-remains-elusive-256899

    MIL OSI – Global Reports –

  • MIL-OSI Submissions: Stats NZ information release: Business price indexes: March 2025 quarter

    Source: Statistics New Zealand

    Business price indexes: March 2025 quarter – 19 May 2025 – Business price indexes (BPI) includes the producers price index (PPI), capital goods price index (CGPI), and farm expenses price index (FEPI).

    Key facts
    In the March 2025 quarter compared with the December 2024 quarter:

    • the output producers price index (PPI) rose 2.1 percent
    • the input PPI rose 2.9 percent
    • the farm expenses price index (FEPI) rose 0.4 percent
    • the capital goods price index (CGPI) rose 0.5 percent.

    Files:

     

    MIL OSI –

  • MIL-OSI USA: SPC MD 872

    Source: US National Oceanic and Atmospheric Administration

    Mesoscale Discussion 872

    Mesoscale Discussion 0872
    NWS Storm Prediction Center Norman OK
    1141 PM CDT Sun May 18 2025

    Areas affected…South-central Kansas

    Concerning…Tornado Watch 291…

    Valid 190441Z – 190645Z

    The severe weather threat for Tornado Watch 291 continues.

    SUMMARY…A tornado threat will continue across parts of
    south-central Kansas over the next couple of hours. A strong tornado
    will be likely, and an EF3+ tornado could occur.

    DISCUSSION…An intense tornadic supercell is ongoing about 50
    statute miles to the west-northwest of Wichita, KS. This storm is
    located just to the east of an axis of moderate instability, where
    the RAP is analyzing MLCAPE in the 3000 to 4000 J/kg range. This
    supercell is also located just to the southwest of the center of a
    50 to 60 knot low-level jet. The low-level jet is creating very
    strong low-level shear, which is being sampled by the WSR-88D VWP at
    Wichita. This is creating a long looped hodograph and 0-3 km
    storm-relative helicity of near 650 m2/s2. This environment will be
    favorable for tornadoes, and a EF3+ tornado will be possible. In
    addition to the tornado threat, forecast soundings have 700-500 mb
    lapse rates near 8 C/km, which will be favorable for large hail.
    Hailstones of greater than 2 inches in diameter may also accompany
    the more intense cores.

    ..Broyles/Gleason.. 05/19/2025

    …Please see www.spc.noaa.gov for graphic product…

    ATTN…WFO…ICT…DDC…

    LAT…LON 38329826 38309779 38109763 37869764 37739790 37679830
    37729861 37959874 38239855 38329826

    MOST PROBABLE PEAK TORNADO INTENSITY…155-190 MPH
    MOST PROBABLE PEAK WIND GUST…55-70 MPH
    MOST PROBABLE PEAK HAIL SIZE…1.50-2.50 IN

    Top/All Mesoscale Discussions/Forecast Products/Home

    MIL OSI USA News –

  • MIL-OSI: Terranet AB – Interim report 2024

    Source: GlobeNewswire (MIL-OSI)

    Significant events during the first quarter

    Validation of Proof of Concept together with MobilityXlab partner
    The validation of the Proof of Concept (PoC) has been completed. Following the installation of BlincVision in the partner’s vehicle and test environment, work has continued based on the defined requirements. The insights gained from the PoC have been valuable for the continued development of the product, and the validation now shows promising results in the defined test scenarios. The dialogue is ongoing, and Terranet intends to involve the partner in upcoming evaluations of the MVP.

    Further development of existing prototype into MVP (Minimum Viable Product)
    The development from prototype to MVP is taking place during the first and second quarters, in line with the communicated product development plan. The initial months of the year have focused on requirement specification, design work, and concept verification. The design has been improved to simplify integration and installation of the system in future partners’ vehicles and test environments. Development efforts continue with a focus on increasing the system’s maturity and functionality.

    New CEO

    On March 10, Lars Lindell took over as the company’s new CEO. He brings many years of experience in leadership roles within tech and growth companies, along with broad international expertise and deep knowledge in sales and business models.

    Significant events after the end of the period

    New financing secured
    On April 16, the company announced that the Board had decided on two directed share issues of SEK 25 million and a fully guaranteed rights issue of SEK 15 million. The directed issue consists of two parts, of which the first, amounting to SEK 9 million (fully paid as of April 30), falls within the authorization from
    the 2024 AGM. The second part of the directed issue, along with the rights issue,
    is subject to approval at the 2025 AGM.

    Financial overview

      Jan-Mar
    2025    		 Jan-Mar 2024 Jan – Dec 2024 Jan – Dec 2023
    Revenue (TSEK) 0 308 283 834
    Operating result (TSEK) -9,176 -8,281 -35,808 -35,926
    Financial items (TSEK) -665 -1,065 -3,292 -37,190
    Earnings per share (SEK) -0,01 -0,01 -0,04 -0,15
    Closing cash (TSEK) 4,952 29,918 18,541 29 006

    Comment from the CEO

    ”2025 – the year BlincVision shows its value in customer environments”

    The first quarter was marked by a clear focus on taking the next step in Terranet’s development. With a 2025 plan targeting an MVP for customers in the third quarter, the organization is fully committed to reaching our goals. Since stepping into the role as CEO in March, I’ve had the opportunity to get to know the business, the team, and our priorities. It’s clear that there is a strong drive to move the technology toward commercial use. In June, the management team and board will meet for this year’s strategy session – an important opportunity to set the direction for 2026 and create the right conditions for continued development and growth.

    Strengthening BlincVision’s patent portfolio
    As part of the MVP development, Terranet is addressing technical challenges within the application areas of event-based cameras. Since the design is now defined and the MVP is set to begin customer deliveries in the third quarter of 2025, it is crucial to intensify the work on IP protection. The company currently licenses patents related to the technology we are developing from third parties, while also continuously strengthening our own patent protection for BlincVision as an integrated part of the development process. This has already resulted in proprietary patent applications, and the work to build a strong, in-house portfolio within event-based camera technology is ongoing.

    Development and commercialization progressing according to plan
    The Proof of Concept report for our partner in MobilityXlab has now been completed. The report confirms that BlincVision performs well even in demanding test scenarios, while also identifying areas for further development. The collaboration has been highly valuable and provides important insights for continued product development. The dialogue with the partner continues, with the aim of including them in the upcoming evaluation of our MVP.

    During the quarter, development efforts have primarily focused on advancing the prototype toward an MVP, through testing in both indoor and outdoor environments, and by improving both software and hardware.

    In the third quarter, our MVP will begin testing with a few selected partners. One of them is an industrial player in the mining sector, with whom a collaboration agreement has already been signed. A kickoff meeting has taken place, and the project requirements have been defined. We look forward to bringing the MVP to the market and gaining a clearer picture of how the technology delivers value in real-world applications.

    A strong financing round
    After the end of the quarter, we completed a successful financing round for the company. A total of SEK 40 million was secured, consisting of a directed issue of units in two parts totaling SEK 25 million and a fully guaranteed rights issue of units of SEK 15 million. The rights issue is being carried out to compensate shareholders who were unable to participate in the directed issue. Both issues were executed with a low discount relative to the average share price in the days preceding the board’s decision.

    The first directed issue of approximately SEK 9 million was fully completed by the end of April, while the second directed issue will be executed following the Annual General Meeting on May 23. The rights issue – which, together with the second directed issue, is subject to approval at the AGM – will be carried out in the weeks following the meeting.

    The unit issues also include TO9 series warrants, with a subscription period in the first half of December. If fully exercised, the warrants could provide the company with an additional SEK 15 million.

    In the press release on April 16, we stated that the total financing, assuming a high exercise rate of TO9, is expected to be sufficient into the second quarter of 2026. There is always some uncertainty regarding the performance of the stock market and, as such, how much TO9 will ultimately contribute. We will adjust our spending to align with the financial reality at any given time.

    One step closer to the customer
    We have a clear goal ahead of us and an organization with the right skills and drive. With a stronger financial position, key partnerships, and rapidly advancing technology, we are well positioned to take the next step toward the market. I look forward to the continued journey together with the team, our partners, and our shareholders.

    Lars Lindell
    CEO
    Lund May 19, 2025

    This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by the Company’s contact person below on 19 May 2025, at 08.00 CET.

    For more information, please contact:
    Lars Lindell, CEO
    E-mail: lars.lindell@terranet.se

    About Terranet AB (publ) 
    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B).

    Follow our journey at: https://terranet.se/
    Terranet financial reports:  https://terranet.se/en/reports/

    Certified Adviser to Terranet is Mangold Fondkommission AB, 08-503 015 50, ca@mangold.se.

    Attachments

    The MIL Network –

  • MIL-OSI: Periodic announcement on the acquisition of the Bank‘s own shares and its results (week 2)

    Source: GlobeNewswire (MIL-OSI)

    This announcement contains information on transactions of the acquisition of own shares of AB Artea bankas (the Bank) carried during the period specified below under the Bank’s own share buy-back programme announced on 30 April 2025. 

     

    The period during which the acquisition of the Bank’s own shares under the programme was carried out – 05.05.2025 – 16.05.2025. 

     

    Period covered by this periodic report – 12.05.2025 – 16.05.2025. 

     

    Other information: 

    Transaction overview 

    Date 

    Total number of shares purchased on the day ( units) 

    Weighted average price (EUR) 

    Total value of transactions (EUR) 

    2025.05.12

    100,000

    0.876

    87,644.77

    2025.05.13

    100,000

    0.881

    88,135.01

    2025.05.14

    100,000

    0.882

    88,200.00

    2025.05.15

    100,000

    0.879

    87,900.00

    2025.05.16

    100,000

    0.88

    87,958.34

    Total acquired during the current week 

    500,000

    0.88

    439,838.12

    Total acquired during the programme period 

    1,000,000

    0.883

    882,838.12

     

     

     

     

     

    The Bank’s own bought-back shares: 11,097,749  units.  

     

    Following the above transactions, the Bank will own a total of 11,597,749 units of own shares representing 1.75 % of the Bank’s issued shares. 

     

    Further detailed information on the transactions is attached. 

     

    This information is also available at: www.artea.lt   

     

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@artea.lt, +370 610 44447

    Attachment

    The MIL Network –

  • Indian stock market opens flat amid mixed global cues

    Source: Government of India

    Source: Government of India (4)

    Indian benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade.

    At around 9.32 am, Sensex was trading 3.88 points or 0.00 per cent up at 82,326.71 while the Nifty climbed 14.70 point or 0.06 per cent at 25,034.50.

    Nifty Bank was up 134.25 points or 0.24 per cent at 55,489.15. The Nifty Midcap 100 index was trading at 57,203.80 after rising 143.30 points or 0.25 per cent. Nifty Smallcap 100 index was at 17,701.75 after climbing 141.35 points or 0.80 per cent.

    According to analysts, “they now have only the October 2024 peak ahead at 25,235, which is in close vicinity, before 26,277, the lofty peak of September stares at us. This warns us to be guarded against sudden withdrawal in risk appetite and buying interest as we push ahead”.

    “With this in the backdrop we will begin the week expecting continuation of an uptrend, with an intraday downside marker at 24,950. However, brace for declines, should the upswings there of fail to clear 25,235 or if there is an outright breakdown past 24,870/807 region,” said Anand James, Chief Market Strategist of Geojit Investments Limited.

    The prime mover of the ongoing rally in the Indian market is the sustained FII inflows of around Rs 23,800 crore so far this month.

    “Of course, the decline in global trade tensions, the rally in global markets led by the US and the India-Pak ceasefire have created the setting for this rally,” said experts.

    Meanwhile, in the Sensex pack, Infosys, TCS, IndusInd Bank, HCL Tech, Tech Mahindra, M&M, Eternal, Reliance and L&T were the top losers. Whereas, NTPC, Bajaj Finance, Tata Motors, Sun Pharma, Bajaj Finserv, PowerGrid, SBI and HDFC Bank were the top gainers.

    In the Asian markets, China, Hong Kong, Japan, Bangkok and Seoul were trading in red, whereas, only Jakarta was trading in green.

    In the last trading session on Friday, Dow Jones in the US closed at 42,654.74, up 331.99 points, or 0.78 per cent. The S&P 500 ended with a gain of 41.45 points, or 0.70 per cent, at 5,958.38 and the Nasdaq closed at 19,211.10, up 98.78 points, or 0.52 per cent.

    On the institutional front, foreign institutional investors (FIIs) were net buyers of equities worth Rs 8,831.05 crore on May 16, while domestic institutional investors (DIIs) purchased equities worth Rs 5,187.09 crore.

    (IANS)

  • MIL-Evening Report: Politics, protest and some seriously inappropriate songs: who gets censored at Eurovision, and who doesn’t?

    Source: The Conversation (Au and NZ) – By Catherine Strong, Associate Professor, Music Industry, RMIT University

    As always, Eurovision 2025 was full of glitter, costume reveals, divas, spectacle and, of course, controversy. From ongoing calls to ban Israel from participating, to one song that had to be edited since it was too inappropriate, here’s what you may have missed from this year’s contest.

    A milkshake meltdown

    For Australian viewers, the final may have been a bit of a letdown because, for the second year in a row, our contestant failed to get past the semis.

    Go-Jo’s Milkshake Man seemed like a strong offering, with its daft and suggestive lyrics, huge energy and oversized blender prop – but some weak vocals on the night left us in the cold.

    Other wacky entries of the uniquely Eurovision variety fared better, though. Sweden’s ode to saunas, Bara Bada Bastu, started the night as the favourite to win and ended high with a fourth placing, just behind Estonia’s rubbery-legged Tommy Cash, whose love song to coffee may have just been more relatable to voters.

    Serving what?

    More controversial was Miriana Conte’s song for Malta, originally titled Serving Kant, with kant being the Maltese word for singing. But this thinly disguised attempt to celebrate “serving cunt” was deemed inappropriate by the European Broadcasting Union, and reworked as simply Serving.

    This performance is part of a long Eurovision tradition of celebrating queer culture. Each year, multiple entries use LGBTQIA+ imagery, tropes and lyrics to celebrate the theme of being who you are.

    Last year’s event marked the first time two non-binary performers were featured in the contest. One of them, Switzerlans’s Nemo, won. As a side note, Nemo’s return performance this year may be one of the best things to ever grace the Eurovision stage.

    But it seems Malta’s cheeky play on the theme didn’t pay off, as it landed them in 17th place by the end of the voting.

    Other stand-out performances included Finland’s Erika Vikman, who outperformed a whole crop of big-voiced divas in sparkly body suits by riding a giant flaming microphone to the roof of the stadium during the, ahem, climax to Ich Komme (which translates to “I’m coming”).

    Less in your face, yet strangely compelling, were the women of Latvia’s folk band Tautumeitas. In their forest-nymph-axolotl (?) costumes, they delivered a flawless and gentle performance.

    A heated, close race to the top

    The winner was, as is often the case at Eurovision, a more serious song that showcased a high level of musicianship and vocal ability. Austria’s JJ performance of Wasted Love was stripped-back compared to most of the rivals.

    JJ took to the stage alone, using a completely black and white palette that stood out against the reds that dominated the rest of the night. The way he used his body onstage, and the dynamism of his soprano voice – moving from a conventional pop vocal style to a more operatic delivery – was compellingly dramatic, and was rewarded by the juries and public voters.

    It was a close race for the top spot however. I imagine the broadcasting union breathed a sigh of relief when Austria knocked Israel into second place at the last moment.

    Israel’s presence in the contest has been a source of division and conflict since the events of October 7. For two years there have been highly publicised calls to expel Israel from the competition, in light of the extreme atrocities and human rights abuses taking place on the ground in Gaza.



    Read more:
    1 in 5 Gazans face starvation. Can the law force Israel to act?

    Multiple pro-Palestinian rallies took to the streets in the host city, Basel, and protesters trying to disrupt the Israeli performance found their way into the arena during the rehearsals and final. While they did not make it into the broadcast, there were reports of audience members being removed, staff being hit with paint, and violent clashes with security and police.

    Beyond this, 70 ex-competitors and, separately, more than 4,000 Nordic music workers put their names on open letters protesting Israel’s inclusion in the contest. But these attempts failed, partly because the countries involved did not threaten to withdraw themselves if Israel participated (which was how Russia was expelled from the 2022 contest, in the wake of its invasion of Ukraine).

    What can we expect moving forward

    It’s worth considering what Israel’s inclusion in the contest does allow. In recently published work, my coauthors and I consider what it means to face up to some of the uglier aspects of music and music-making – and to sit with the discomfort, rather than ignore it.

    If Israel had been excluded, those calling for its exclusion may have achieved a sense that a certain wrong had been righted, and the Eurovision party could go on, free from worry.

    Yet the realities of events in Gaza would not have disappeared. Viewers at home would simply not have to think about them.

    Israel’s inclusion – and the opposition to it – forces us to ask what role, if any, cultural institutions can play in helping put a stop to what the International Court of Justice has said can plausibly be called a genocide.

    While the broadcasting union could perhaps put pressure on Israel with a ban, the fissures of Israel’s continued inclusion have shone a spotlight on other types of pressure and resistance – and the power music has in bringing people together for the explicit purpose of being political.

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

    – ref. Politics, protest and some seriously inappropriate songs: who gets censored at Eurovision, and who doesn’t? – https://theconversation.com/politics-protest-and-some-seriously-inappropriate-songs-who-gets-censored-at-eurovision-and-who-doesnt-256447

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: The re-emergence of polio in Papua New Guinea shows global eradication remains elusive

    Source: The Conversation (Au and NZ) – By Michael Toole, Associate Principal Research Fellow, Burnet Institute

    Last week the World Health Organisation (WHO) declared a polio outbreak in Papua New Guinea (PNG).

    The highly infectious virus was found in two healthy, polio-vaccinated children who were screened following detection of the virus during routine wastewater sampling in Lae, PNG’s second largest city. Wastewater samples are also positive in the capital Port Moresby, indicating the potential of spread around the country.

    The strain has been identified as circulating vaccine-derived poliovirus type 2, similar genetically to a strain circulating in Indonesia.

    So what does this mean? And what will happen now in PNG?

    First, what is polio?

    Polio, or poliomyelitis, is a highly contagious disease caused by the poliovirus. It primarily affects children.

    Most infections don’t cause significant symptoms and go largely unnoticed. But less than 1% of infections result in paralysis.

    Poliovirus is spread by person-to-person contact or the ingestion of contaminated virus from faeces. The virus multiplies in the gut of people who are infected, and they shed the virus in their stool for several weeks. In this way it can spread through a community, especially in areas with poor sanitation.

    A recent review also suggested a greater role for transmission via respiratory particles than we previously thought.

    Wild poliovirus (as distinct from vaccine-derived poliovirus, which we’ll discuss shortly) was a major public health issue prior to the rollout of vaccination in 1950s. This campaign led to the virtual elimination of the disease in rich countries such as Australia.

    Since the Global Polio Eradication Initiative was launched in 1988, cases have decreased by 99% globally. Wild poliovirus remains endemic only in Pakistan and Afghanistan.

    Polio is caused by the poliovirus.
    Kateryna Kon/Shutterstock

    Polio vaccines

    There are two types of vaccines – the oral polio vaccine and the inactivated polio vaccine.

    Delivered as two drops in the mouth at least four times in early childhood, the oral vaccine contains a live-attenuated (weakened) form of the poliovirus. It triggers a strong immune reaction in the gut that slows the replication of wild poliovirus, and reduces shedding in the stool, limiting transmission.

    The oral vaccine does carry a small risk of the weakened vaccine strain causing paralysis. This occurs in
    roughly one in 2.7 million doses of the oral vaccine administered, usually at the first dose.

    The inactivated polio vaccine (part of the routine immunisation program in Australia) contains an inactivated or dead form of the poliovirus, which is unable to cause polio in the recipient.

    Given as an injection, this vaccine stimulates the immune system to produce protective antibodies in the blood against poliovirus. Three doses of the inactivated vaccine are highly protective against developing symptoms and paralysis from polio.

    However, this vaccine is thought not to be as effective as the oral vaccine at preventing infection and shedding in the gut. Therefore, it doesn’t prevent transmission.

    What is vaccine-derived poliovirus?

    As the weakened poliovirus in the oral vaccine is still shed in the stool, it can spread in communities with poor sanitation. The vaccine strain can mutate to a form that can cause paralysis, like wild poliovirus. The result, circulating vaccine-derived poliovirus, is a problem particularly when polio immunisation rates are low.

    The risk of international spread of vaccine-derived poliovirus has been assessed as high by the WHO and United States Centers for Disease Control and Prevention. There were outbreaks in 39 countries in 2023–24.

    A novel oral polio vaccine, nOPV2, which is less likely to mutate, has been used in outbreaks of vaccine-derived poliovirus since 2021.

    Routine vaccination with the inactivated polio vaccine is key to preventing vaccine-derived poliovirus, and is recommended by WHO. The polio endgame will involve this transition from the oral vaccine to the inactivated vaccine.

    In 2019, all countries had introduced the inactivated vaccine. However uptake remains low because of a lack of resources and inadequate access to health services in poor countries.

    What happens now in PNG?

    The PNG government has responded swiftly to activate its polio emergency response plan, supported by partners including WHO, UNICEF and the Australian government.

    Notably, PNG’s vaccination rate is among the lowest in the world, with only about 50% of children born each year receiving the recommended childhood vaccines, including the oral polio vaccine. To induce herd immunity and prevent outbreaks of disease, coverage should be at least 95%.

    PNG was declared polio free in 2000. But there was an outbreak in 2018 of vaccine-derived polio type 1 with 26 cases across nine provinces. The outbreak was brought under control through supplementary rounds of vaccination, enhanced surveillance, and expanded communication and community engagement.

    There are many lessons to be learned from the successful response to the 2018 polio outbreak. These three pillars of the response remain relevant:

    • mass vaccination (using nOPV2)
    • enhanced surveillance for cases and wastewater sampling
    • communication (through traditional and social media) and localised community engagement.

    Further research will be crucial to understand where transmission is occurring and target the response accordingly. This includes the question of potential for spread between Indonesia and PNG – a neglected health security issue.

    How about the risk in Australia?

    While the risk of spread of polio in Australia is low, the virus does not respect borders, and we cannot become complacent.

    Australia’s overall coverage with the inactivated vaccine is close to 95% but there has been a concerning decline in childhood immunisation since the COVID pandemic. Australia must address this and maintain its polio wastewater monitoring system.

    Supporting PNG and working with other countries towards global polio eradication is the best way Australia can protect itself.

    This outbreak is a timely reminder that the last mile in the global eradication of polio remains elusive. As we emerge from a pandemic, the need for international cooperation, strengthening health systems and responding swiftly to health emergencies such as polio couldn’t be stronger.

    Michael Toole has received funding from the National Health and Medical Research Council.

    Suman Majumdar, through the Burnet Institute receives grant funding from the Victorian Government and the Australian Government via the National Health & Medical Research Council of Australia, the Medical Research Future Fund and the Department of Foreign Affairs and Trade.

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

    – ref. The re-emergence of polio in Papua New Guinea shows global eradication remains elusive – https://theconversation.com/the-re-emergence-of-polio-in-papua-new-guinea-shows-global-eradication-remains-elusive-256899

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: China’s fixed-asset investment up 4% in Jan-April

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

    China’s fixed-asset investment went up 4 percent year on year in the first four months of 2025, official data showed Monday.

    Excluding the property sector, the country’s fixed-asset investment grew 8 percent year on year during this period, according to the National Bureau of Statistics (NBS).

    Infrastructure investment rose 5.8 percent year on year, while manufacturing investment increased 8.8 percent.

    By industry, investment in the primary industry grew 13.2 percent year on year, while secondary industry investment rose 11.7 percent. The tertiary industry saw investment decrease by 0.2 percent.

    In the high-tech sector, investment in information services surged 40.6 percent, while computer and office equipment manufacturing investment increased 28.9 percent. Investment in aviation, spacecraft and equipment manufacturing grew 23.9 percent, and professional technical services investment rose 17.6 percent.

    Monday’s data also showed that China’s value-added industrial output expanded 6.1 percent year on year in April, while the retail sales of consumer goods, a major indicator of the country’s consumption strength, grew 5.1 percent year on year. The surveyed urban unemployment rate on average in China dropped to 5.1 percent in April.

    In April, the impact of external shocks increased, but with coordinated macro policy efforts, the main economic indicators maintained steady and relatively fast growth, and the Chinese economy continued its upward trend, said the NBS.

    MIL OSI China News –

  • MIL-OSI Russia: Malaysians bid tearful farewell to giant panda pair Xingxing and Liangliang

    Translation. Region: Russian Federal

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

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

    KUALA LUMPUR, May 19 (Xinhua) — Malaysians bid a tearful farewell to giant panda pair Xingxing and Liangliang on Sunday as they departed for China after an 11-year stay.

    Dozens of fans of the two pandas had already gathered at 05:00 outside the Giant Panda Conservation Centre at Zoo Negara in Kuala Lumpur.

    As transport arrived to take Xingxing and Liangliang to Kuala Lumpur International Airport, many people waved emotionally goodbye to the giant pandas, while some took photos and videos.

    Among those gathered was the zoo’s vice president, Rosli Rakhmat Akhmat Lana. She said the panda keeper would accompany her charges to China and stay there for a few days to help them settle in.

    “The pandas are healthy. We have always supported the panda conservation program. I am truly grateful to the fans who came today… their presence shows how much they care,” the zoo’s vice president told the media.

    In 2014, a pair of giant pandas were loaned to the Malaysian government for 10 years to mark the 40th anniversary of diplomatic relations between Malaysia and China. They have played a key role as “ambassadors,” strengthening the friendship between the peoples of the two countries.

    During their stay in Malaysia, Xingxing and Liangliang gave birth to three cubs, all of which were previously safely returned to China. –0–

    MIL OSI Russia News –

  • MIL-OSI: Terranet invites to presentation of Interim report for the first quarter on May 19, 2025

    Source: GlobeNewswire (MIL-OSI)

    On Maj 19th 2025, Terranet AB (publ) will release its Interim report for the first quarter 2025. On the same day at 10 a.m. CET, the company’s CEO Lars Lindell and CTO Pierre Ekwall will provide an update on the operations in a webcast.

    The event will be broadcast digitally and is open to the public. The presentation will be held in English. Via the webcast, there is an opportunity to ask written questions.

    Link to the webcast:  https://terranet.events.inderes.com/q1-report-2025
    A recording of the presentation will be available afterwards on Terranet’s website.

    For more information, please contact:        
    Lars Lindell, CEO
    E-mail: lars.lindell@terranet.se

    About Terranet AB (publ)
    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.

    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: www.terranet.se

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    The MIL Network –

  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on May 19, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 5,170
    Amount allotted (in ₹ crore) 5,170
    Cut off Rate (%) 6.01
    Weighted Average Rate (%) 6.01
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/360

    MIL OSI Economics –

  • MIL-OSI New Zealand: Tenancy Compliance and Investigations Team checking Dunedin student rentals comply with tenancy law

    Source: Ministry of Business Innovation and Employment MBIE (2)

    The visits will identify any breaches of the Act and prompt action by landlords who are found to be not complying with their legal obligations.

    Acting TCIT National Manager, Clare Lyons-Montgomery, says landlords must provide rental homes that are warm, safe and dry.

    “Young people are a priority population for our team, as they can be vulnerable and unaware of their rights because they are new to renting.

    “Landlords have obligations and responsibilities under the Residential Tenancies Act and must provide a rental home that complies with all building, health and safety requirements in additional to tenancy law,” Clare Lyons-Montgomery said.

    Landlords have responsibilities throughout the life of each rental, including at the commencement. This includes attending to maintenance and repairs in a timely manner.

    All rental properties must also comply with the healthy homes standards by 1 July 2025. Landlords are responsible for ensuring their properties meet the healthy homes standards and continue to do so over time. All new tenancies from 1 July must comply with the standards immediately.

    “This visit is an opportunity to change the perception that living in a run-down student flat is a ‘rite of passage’ and just part of university life. We want to make it clear to landlords what their responsibilities are and what the consequences of non-compliance are,” Clare Lyons-Montgomery said.

    “MBIE regularly engages with student associations, including those at the University of Otago. This visit is another opportunity to encourage them to speak with their landlords about issues in their rental homes and then if they cannot resolve issues between themselves they can speak with us.”

    Otago University Students Association (OUSA) President Liam White say many Otago students are forced to live in cold, old, and mouldy flats and their landlords must be held to account.

    “We’re proud to support MBIE’s flat inspections and hope to send a clear message: if you rent a flat, you must meet legal standards or face the consequences,” Liam White said.

    “Students often tell us they hesitate to raise issues with landlords or property managers out of fear — fear of jeopardising future references or creating more problems for themselves. Even when they do speak up, many face radio silence or endless delays.

    “Otago students deserve better. Warm, healthy homes aren’t optional — they’re the legal minimum. We back every move to ensure these standards are enforced, and through OUSA Student Support, we continue to empower students with advice, advocacy, and education across the academic year,” Liam White said.

    If a tenant thinks the property they are renting is not up to standard they should speak to their landlord. If they are still not satisfied they should put their concerns in writing to the landlord giving them a reasonable time to fix any problems, or issue a 14-day notice to their landlord.

    If the landlord still doesn’t fix the issue or satisfy the tenants’ concerns they can make a complaint on the Tenancy Services website or apply to the Tenancy Tribunal to make a decision on the dispute.

    MBIE’s Tenancy Services website provides information and tools to assist tenants and landlords understand their rights and responsibilities at every stage of their tenancy.

    Tenancy Services(external link)

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Director General David Cheng-Wei Wu Attended Charity Ball hosted by the Sydney Chapter of the Global Federation of Chinese Business Women (GFCBW)

    Source: Republic of China Taiwan

    Director General David Cheng-Wei Wu and Mrs. Wu were honoured to attend the charity ball hosted by the Sydney Chapter of the Global Federation of Chinese Business Women (GFCBW). The event brought together 30 GFCBW members from Taiwan led by Global Chairwoman Ms. Shu-Min Lin, along with Taiwanese community leaders in Sydney and NSW dignitaries, including the Hon. Anthony Roberts MP, Dr. Hugh McDermott MP, the Hon. Scott Farlow MLC, Tim James MP, Monica Tudehope MP, Clr. Michelle Chuang of Willoughby, and Clr. Barbara Ward of Ku-ring-gai—all united in support of efforts to combat domestic and family violence.
    In his speech, DG Wu commended the GFCBW Sydney team for their longstanding commitment to empowering women and advancing gender equality through leadership and entrepreneurship. He highlighted that Taiwan enacted the Domestic Violence Prevention Act in 1998, becoming the first country in Asia to provide comprehensive legal protections against domestic violence. Taiwan is eager to work with Australia to strengthen joint efforts in prevention and support.
    All proceeds from the charity ball were donated to Women’s Community Shelters (WCS), supporting their life-saving work with women and children impacted by domestic and family violence. Chair of the NSW Parliamentary Taiwan Friendship Group, the Hon. Anthony Roberts, praised the Taiwanese community as true “winter friends.” Representing the NSW Premier, Dr. Hugh McDermott—Parliamentary Secretary to the Attorney General and Co-Chair of the Friendship Group—called for greater attention and action to address domestic and family violence issues.
    The charity ball is a big success, and once again highlights the Taiwanese community’s strong commitment to giving back to Australian society. It also reflects Taiwan’s dedication to being a global force for good.

    MIL OSI Asia Pacific News –

  • MIL-OSI: PaySaxas Secures EMI License and Appoints Dmitrii Barbasura as CEO, Ushering in a New Era of Growth

    Source: GlobeNewswire (MIL-OSI)

    HELSINKI, FINLAND, May 19, 2025 (GLOBE NEWSWIRE) — Paysaxas Oy, the licensed entity behind the PaySaxas fintech brand, proudly announces two major milestones: the successful acquisition of an Electronic Money Institution (EMI) license from the Finnish Financial Supervisory Authority (FIN-FSA) and the appointment of Dmitrii Barbasura as Chief Executive Officer. These developments mark a significant step in the company’s mission to revolutionize business access to financial services across Europe.

    “I am honored to lead PaySaxas at this pivotal moment,” said Dmitrii Barbasura, CEO of PaySaxas. “With our EMI license secured, we are poised to accelerate expansion across Europe, enhance our infrastructure, and strengthen customer trust. PaySaxas is dedicated to innovation, compliance, and delivering an exceptional financial experience. I look forward to driving the company forward as we set new standards in the fintech industry.”

    A Milestone in Regulatory Advancement

    The FIN-FSA EMI License, granted to Paysaxas Oy, authorizes the issuance of electronic money and the provision of payment services throughout the European Economic Area, subject to EU passporting. As the regulatory foundation behind the PaySaxas platform, Paysaxas Oy ensures secure, compliant, and scalable operations. The company is officially listed in the European Banking Authority’s central register, further reinforcing its credibility as it expands across Europe. This regulatory recognition highlights the company’s commitment to upholding the highest standards in financial services, ensuring transparency, security, and compliance with European financial regulations.

    EMI status is expected to propel PaySaxas’s growth by providing a strong regulatory endorsement, increasing confidence among clients and partners. The license enables the company to scale its infrastructure, support higher transaction volumes, and maintain stringent oversight and risk controls. As a regulated EMI, PaySaxas is committed to delivering seamless and innovative financial solutions, including faster cross-border transactions, all under the supervision of a respected European authority.

    Strategic Leadership for a New Growth Phase

    The appointment of Dmitrii Barbasura as CEO comes at a time of rapid growth and expansion for PaySaxas. With an extensive background in fintech and financial services, Barbasura brings a wealth of experience in scaling businesses, driving innovation, and fostering strategic partnerships. His leadership will be instrumental in strengthening the market position of PaySaxas and expand the service offerings of PaySaxas to meet the evolving needs of businesses across Europe.

    Dmitrii Barbasura’s expertise in the fintech sector positions him as the ideal leader to guide PaySaxas through its next phase of development. His deep understanding of financial technology, regulatory compliance, and strategic growth aligns with the company’s mission of delivering cutting-edge financial solutions while maintaining the highest standards of security and compliance. Under his leadership, PaySaxas is set to introduce innovative services that enhance the customer experience and support the company’s long-term growth objectives.

    Expanding Services and Future Outlook

    With its new regulatory status, PaySaxas plans to introduce a range of enhanced financial products and services designed to support businesses in managing payments more efficiently. The company aims to leverage its EMI license to develop faster and more secure payment processing solutions, multi-currency support, and enhanced financial management tools tailored to the needs of modern enterprises.

    Looking ahead, PaySaxas is focused on building strong partnerships with financial institutions, technology providers, and businesses seeking robust payment infrastructure. The company remains dedicated to continuous innovation, ensuring that its platform remains at the forefront of the evolving financial services industry.

    With a seasoned leader at the helm and a robust regulatory framework in place, PaySaxas is entering an exciting new chapter. These milestones reaffirm the company’s commitment to innovation, regulatory excellence, and customer-centric financial solutions. Under Barbasura’s leadership, PaySaxas is well-positioned to expand its footprint and redefine financial infrastructure for businesses across Europe.

    Social Links

    X: https://twitter.com/paysaxas

    Instagram: https://www.instagram.com/paysaxas

    LinkedIn: https://www.linkedin.com/company/paysaxas/

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

    Media contact

    Brand: PaySaxas

    Contact: Svyat Serbin

    Email: marketing@paysaxas.com

    Website: https://paysaxas.com

    The MIL Network –

  • MIL-OSI: BNP PARIBAS LAUNCHES A SHARE BUYBACK PROGRAMME PLANNED FOR 2025 OF EUR 1.084 BILLION

    Source: GlobeNewswire (MIL-OSI)

      

    BNP PARIBAS LAUNCHES
    A SHARE BUYBACK PROGRAMME PLANNED FOR 2025
    OF EUR 1.084 BILLION

    PRESS RELEASE

    Paris, 19 May 2025

    BNP Paribas announces today the launch of the share buyback programme planned for 2025 for a maximum amount of EUR 1.084 billion.

    BNP Paribas has received the approval from the European Central Bank and a contract was concluded with an investment services provider acting independently, entrusted with an irrevocable instruction to purchase the shares.

    The purchase period will start on May 19th, 2025 and will end no later than June 20th, 2025. The shares purchased under the programme will be cancelled.

    BNP Paribas will provide weekly updates on the progress of the programme via a press release on BNP Paribas’ website, and via full and effective dissemination in accordance with the applicable regulatory provisions:

    https://invest.bnpparibas/en/search/reports/documents/regulated-information.

    The share buyback programme will be carried out in accordance with the provisions set out in the EU Regulation n°596/2014 of the European Parliament and of the Council of April 16th, 2014 on market abuse, as modified, and its implementing provisions, and within the limits of the authorisation granted to BNP Paribas to purchase shares on the market pursuant to the 5th resolution adopted by the General Meeting of BNP Paribas on May 13th, 2025.

    The description of the share buyback programme is available in appendix and on BNP Paribas’s website: https://invest.bnpparibas/en/search/reports/documents/regulated-information.

    APPENDIX: DESCRIPTION OF THE SHARE BUYBACK PROGRAMME

    The present description complies with the provisions of article 241-2, I of the General Regulation of the French Financial Markets Authority (Autorité des Marchés Financiers).

    Date of the general meeting which approved the resolution concerning the share buyback programme
    May 13th, 2025

    Objectives pursued by BNP PARIBAS

    In accordance with the fifth resolution approved by the combined General Meeting on May 13th, 2025, the shares may be purchased for the purposes of:

    • their cancellation in situations identified by the Extraordinary General Meeting;
    • honoring the obligations linked to the issuance of equity instruments, stock option plans, bonus share awards, the allotment or selling of shares to employees as part of a profit-sharing scheme, employee shareholding or Corporate Savings Plans, or any other type of share grant for employees and directors and corporate officers of BNP Paribas and of the companies controlled exclusively by BNP Paribas within the meaning of article L.223-16 of the French Commercial Code;
    • holding and subsequently remitting them in exchange or as payment for external growth transactions, mergers, spin-offs or asset contributions;
    • under a market-making agreement in accordance with Decision No. 2021-01 of 22 June 2021 of the French Financial Markets Authority (Autorité des Marchés Financiers);
    • carrying out investment services for which BNP Paribas has been approved or to hedge them.

    Maximum amount allocated to the share buyback programme, maximum number of shares to be purchased

    The General Meeting has authorised the Board of Directors to purchase a number of shares representing up to 10% of the shares comprising the share capital of BNP Paribas. For illustrative purposes, on the basis of the actual capital, 113,081,067 shares which represents, on the basis of a maximum repurchase price of EUR 102 per share, set by the fifth resolution approved by the General Meeting dated May 13th, 2025, a theoretical maximum purchase amount of EUR 11,534,268,834. Such limit is likely to change in case of transactions affecting the share capital.

    The shares which may be purchased under the present description are BNP Paribas’ shares listed on Euronext Paris – A compartment, ISIN Code FR0000131104.

    Considering that BNP Paribas owned as of May 9th, 2025 directly 721,971 of its own shares, i.e. 0.06% of its share capital, the number of shares that is likely to be purchased at the date of this description is 112,359,096 shares representing 9.94% of the share capital, i.e., on the basis of a maximum purchase price of EUR 102 per share as set by the General Meeting, a theoretical maximum purchase amount of EUR 11,460,627,792.

    Duration of the share buyback programme

    The authorisation granted by the General Meeting dated May 13th, 2025, as described in the fifth resolution, is valid for an eighteen-month period with effect from the date of the said General Meeting, i.e. up to November 13th, 2026.

    The Board of directors will ensure that these share purchases are carried out in accordance with the prudential requirements as defined by the regulation and the European Central Bank.
    ​

    About BNP Paribas
    Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

    Press contact :
    Sandrine Romano – sandrine.romano@bnpparibas.com – +33 6 71 18 23 05
    Hacina Habchi – hacina.habchi@bnpparibas.com – +33 7 61 97 65 20

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    The MIL Network –

  • MIL-OSI: NVIDIA Announces DGX Cloud Lepton to Connect Developers to NVIDIA’s Global Compute Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    • CoreWeave, Crusoe, Firmus, Foxconn, GMI Cloud, Lambda, Nebius Nscale, SoftBank Corp. and Yotta Data Services to Bring Tens of Thousands of GPUs to DGX Cloud Lepton Marketplace
    • NVIDIA Exemplar Clouds Raise the Performance Bar for NVIDIA Cloud Partners

    TAIPEI, Taiwan, May 19, 2025 (GLOBE NEWSWIRE) — COMPUTEX — NVIDIA today announced NVIDIA DGX Cloud Lepton™ — an AI platform with a compute marketplace that connects the world’s developers building agentic and physical AI applications with tens of thousands of GPUs, available from a global network of cloud providers.

    To meet the demand for AI, NVIDIA Cloud Partners (NCPs) including CoreWeave, Crusoe, Firmus, Foxconn, GMI Cloud, Lambda, Nebius, Nscale, Softbank Corp. and Yotta Data Services will offer NVIDIA Blackwell and other NVIDIA architecture GPUs on the DGX Cloud Lepton marketplace.

    Developers can tap into GPU compute capacity in specific regions for both on-demand and long-term computing, supporting strategic and sovereign AI operational requirements. Leading cloud service providers and GPU marketplaces are expected to also participate in the DGX Cloud Lepton marketplace.

    “NVIDIA DGX Cloud Lepton connects our network of global GPU cloud providers with AI developers,” said Jensen Huang, founder and CEO of NVIDIA. “Together with our NCPs, we’re building a planetary-scale AI factory.”

    DGX Cloud Lepton helps address the critical challenge of securing reliable, high-performance GPU resources by unifying access to cloud AI services and GPU capacity across the NVIDIA compute ecosystem. The platform integrates with the NVIDIA software stack, including NVIDIA NIM™ and NeMo™ microservices, NVIDIA Blueprints and NVIDIA Cloud Functions, to accelerate and simplify the development and deployment of AI applications.

    For cloud providers, DGX Cloud Lepton provides management software that delivers real-time GPU health diagnostics and automates root-cause analysis, eliminating manual operations and reducing downtime.

    Key benefits of the platform include:

    • Improved productivity and flexibility: Offers a unified experience across development, training and inference, helping boost productivity. Developers can purchase GPU capacity directly from participating cloud providers through the marketplace or bring their own compute clusters, giving them greater flexibility and control.
    • Frictionless deployment: Enables deployment of AI applications across multi-cloud and hybrid environments with minimal operational burden, using integrated services for inference, testing and training workloads.
    • Agility and sovereignty: Gives developers quick access to GPU resources in specific regions, enabling compliance with data sovereignty regulations and meeting low-latency requirements for sensitive workloads.
    • Predictable performance: Provides participating cloud providers enterprise-grade performance, reliability and security, ensuring a consistent user experience.

    A New Bar for AI Cloud Performance
    NVIDIA today also announced NVIDIA Exemplar Clouds to help NCPs enhance security, usability, performance and resiliency, using NVIDIA’s expertise, reference hardware and software and operational tools.

    NVIDIA Exemplar Clouds tap into NVIDIA DGX™ Cloud Benchmarking, a comprehensive suite of tools and recipes for optimizing workload performance on AI platforms and quantifying the relationship between cost and performance.

    Yotta Data Services is the first NCP in the Asia-Pacific region to join the NVIDIA Exemplar Cloud initiative.

    Availability
    Developers can sign up for early access to NVIDIA DGX Cloud Lepton.

    Watch the COMPUTEX keynote from Huang and learn more at NVIDIA GTC Taipei.

    About NVIDIA
    NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    For further information, contact:
    Natalie Hereth
    NVIDIA Corporation
    +1-360-581-1088
    nhereth@nvidia.com

    Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, performance and availability of NVIDIA’s products, services; NVIDIA’s collaborations with third parties and the benefits and impact thereof; third parties using or adopting our products and technologies, the benefits and impact thereof; together with cloud partners, NVIDIA building a virtual global AI factory and additional regional cloud providers being added to the marketplace in the coming months 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, which are subject to the “safe harbor” created by those sections and that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    Many of the products and features described herein remain in various stages and will be offered on a when-and-if-available basis. The statements above are not intended to be, and should not be interpreted as a commitment, promise, or legal obligation, and the development, release, and timing of any features or functionalities described for our products is subject to change and remains at the sole discretion of NVIDIA. NVIDIA will have no liability for failure to deliver or delay in the delivery of any of the products, features or functions set forth herein.

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, DGX, DGX Cloud Lepton, NeMo and NVIDIA NIM are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

    The MIL Network –

  • MIL-OSI: NVIDIA Powers World’s Largest Quantum Research Supercomputer

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan, May 19, 2025 (GLOBE NEWSWIRE) — COMPUTEX — NVIDIA today announced the opening of the Global Research and Development Center for Business by Quantum-AI Technology (G-QuAT), which hosts ABCI-Q — the world’s largest research supercomputer dedicated to quantum computing.

    Quantum processors promise to augment AI supercomputers in solving some of the world’s most complex challenges, spanning industries including healthcare, energy and finance. By enabling quantum-GPU computing at an unprecedented scale, ABCI-Q marks a profound leap toward realizing practical, accelerated quantum systems.

    Delivered by Japan’s National Institute of Advanced Industrial Science and Technology (AIST), the ABCI-Q supercomputer features 2,020 NVIDIA H100 GPUs interconnected by the NVIDIA Quantum-2 InfiniBand networking platform.

    The system is integrated with NVIDIA CUDA-Q™, an open-source hybrid computing platform for orchestrating the hardware and software needed to run useful, massive-scale quantum computing applications.

    “Seamlessly coupling quantum hardware with AI supercomputing will accelerate realizing the promise of quantum computing for all,” said Tim Costa, senior director of computer-aided engineering, quantum and CUDA-X™ at NVIDIA. “NVIDIA’s collaboration with AIST will catalyze progress in areas like quantum error correction and applications development — crucial for building useful, accelerated quantum supercomputers.”

    ABCI-Q’s AI supercomputing is integrated with a superconducting qubit processor by Fujitsu, a neutral atom quantum processor by QuEra and a photonic processor by OptQC — enabling hybrid quantum-GPU workloads across multiple qubit modalities.

    “ABCI-Q will enable researchers in Japan to explore the core challenges quantum computing technologies face and speed the path to practical use cases,” said Masahiro Horibe, deputy director of G-QuAT and AIST. “The NVIDIA accelerated computing platform in ABCI-Q will empower scientists to experiment with the stepping-stone systems needed to advance quantum computing.”

    Watch the COMPUTEX keynote from NVIDIA founder and CEO Jensen Huang, and learn more at NVIDIA GTC Taipei.

    About NVIDIA
    NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    For further information, contact:
    Alex Shapiro
    NVIDIA Public Relations
    1-415-608-5044
    ashapiro@nvidia.com

    Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, availability, and performance of NVIDIA’s products, services, and technologies; NVIDIA’s collaborations with third parties and the impact and benefits thereof; ABCI-Q enabling researchers in Japan to explore the core challenges quantum computing technologies face and speed the path to practical use cases; the NVIDIA accelerated computing platform in ABCI-Q empowering scientists to experiment with the stepping-stone systems needed to advance quantum computing 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, which are subject to the “safe harbor” created by those sections and that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, CUDA-Q and CUDA-X are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/222a8e38-128b-40ab-b90a-be59593eb585

    The MIL Network –

  • MIL-OSI New Zealand: Tax changes to promote growth

    Source: NZ Music Month takes to the streets

    The Government is removing tax roadblocks to investment, Finance Minister Nicola Willis says.

    “Budget 2025 sets aside $75 million over the next four years to encourage foreign investment in New Zealand infrastructure and make it easier for startups to attract and retain high quality staff.

    “These changes demonstrate the Government’s commitment to driving the economic growth needed to create jobs, lift incomes and fund public services New Zealanders rely on.

    “Low capital intensity and low rates of foreign direct investment are key contributors to New Zealand’s relatively low rates of productivity.

    “To generate growth, New Zealand needs more foreign investment and the international know-how it brings with it. It also needs rules that make it easier for enterprising new businesses to get established.

    “Presently, New Zealand’s thin capitalisation rules limit the amount of tax-deductible debt that foreign investors can put into New Zealand investments. The purpose of these rules is to prevent income being shifted offshore and to protect New Zealand’s tax base. 

    “However, there is a risk that the rules may be deterring investment, particularly in capital-intensive infrastructure projects that are typically funded by large amounts of debt. We need to strike a balance.

    “Therefore, the Budget sets aside $65 million for a change to the rules, pending the outcome of consultation on the details. 

    “The Budget sets aside another $10 million to defer tax liability of some employee share schemes to help startups and unlisted companies.

    “Currently, problems arise if tax bills for share income arrive when employees are unable to realise the value of their shares. The changes we are making will allow tax to be deferred until a liquidity event, such as the sale of the shares, occurs. 

    “These changes come on top of work under way to modernise and reduce compliance costs associated with fringe benefit tax rules and further adjustments to the foreign investment fund residence and other rules to make New Zealand a more attractive destination for migrants and digital nomads.

    “To shift onto a faster growth track, New Zealand needs to make it easier for businesses to access capital and talent.”  

    MIL OSI New Zealand News –

  • MIL-OSI: NVIDIA Powers Humanoid Robot Industry With Cloud-to-Robot Computing Platforms for Physical AI

    Source: GlobeNewswire (MIL-OSI)

    • New NVIDIA Isaac GR00T Humanoid Open Models Soon Available for Download on Hugging Face
    • GR00T-Dreams Blueprint Generates Data to Train Humanoid Robot Reasoning and Behavior
    • NVIDIA RTX PRO 6000 Blackwell Workstations and RTX PRO Servers Accelerate Robot Simulation and Training
    • Agility Robotics, Boston Dynamics, Foxconn, Lightwheel, NEURA Robotics and XPENG Robotics Among Many Robot Makers Adopting NVIDIA Isaac

    TAIPEI, Taiwan, May 19, 2025 (GLOBE NEWSWIRE) — COMPUTEX — NVIDIA today announced NVIDIA Isaac GR00T N1.5, the first update to NVIDIA’s open, generalized, fully customizable foundation model for humanoid reasoning and skills; NVIDIA Isaac GR00T-Dreams, a blueprint for generating synthetic motion data; and NVIDIA Blackwell systems to accelerate humanoid robot development.

    Humanoid and robotics developers Agility Robotics, Boston Dynamics, Fourier, Foxlink, Galbot, Mentee Robotics, NEURA Robotics, General Robotics, Skild AI and XPENG Robotics are adopting NVIDIA Isaac™ platform technologies to advance humanoid robot development and deployment.

    “Physical AI and robotics will bring about the next industrial revolution,” said Jensen Huang, founder and CEO of NVIDIA. “From AI brains for robots to simulated worlds to practice in or AI supercomputers for training foundation models, NVIDIA provides building blocks for every stage of the robotics development journey.”

    New Isaac GR00T Data Generation Blueprint Closes the Data Gap
    Showcased in Huang’s COMPUTEX keynote address, NVIDIA Isaac GR00T-Dreams is a blueprint that helps generate vast amounts of synthetic motion data — aka neural trajectories — that physical AI developers can use to teach robots new behaviors, including how to adapt to changing environments.

    Developers can first post-train Cosmos Predict world foundation models (WFMs) for their robot. Then, using a single image as the input, GR00T-Dreams generates videos of the robot performing new tasks in new environments. The blueprint then extracts action tokens — compressed, digestible pieces of data — that are used to teach robots how to perform these new tasks.

    The GR00T-Dreams blueprint complements the Isaac GR00T-Mimic blueprint, which was released at the NVIDIA GTC conference in March. While GR00T-Mimic uses the NVIDIA Omniverse™ and NVIDIA Cosmos™ platforms to augment existing data, GR00T-Dreams uses Cosmos to generate entirely new data.

    New Isaac GR00T Models Advance Humanoid Robot Development
    NVIDIA Research used the GR00T-Dreams blueprint to generate synthetic training data to develop GR00T N1.5 — an update to GR00T N1 — in just 36 hours, compared with what would have taken nearly three months of manual human data collection.

    GR00T N1.5 can better adapt to new environments and workspace configurations, as well as recognize objects through user instructions. This update significantly improves the model’s success rate for common material handling and manufacturing tasks like sorting or putting away objects.

    Early adopters of GR00T N models include AeiRobot, Foxlink, Lightwheel and NEURA Robotics. AeiRobot employs the models to enable ALICE4 to understand natural language instructions and execute complex pick-and-place workflows in industrial settings. Foxlink Group is using them to improve industrial robot manipulator flexibility and efficiency, while Lightwheel is harnessing them to validate synthetic data for faster humanoid robot deployment in factories. NEURA Robotics is evaluating the models to accelerate its development of household automation systems.

    New Robot Simulation and Data Generation Frameworks Accelerate Training Pipelines
    Developing highly skilled humanoid robots requires a massive amount of diverse data, which is costly to capture and process. Robots need to be tested in the physical world, which can present costs and risk.

    To help close the data and testing gap, NVIDIA unveiled the following simulation technologies:

    Foxconn and Foxlink are using the GR00T-Mimic blueprint for synthetic motion manipulation generation to accelerate their robotics training pipelines. Agility Robotics, Boston Dynamics, Fourier, Mentee Robotics, NEURA Robotics and XPENG Robotics are simulating and training their humanoid robots using NVIDIA Isaac Sim and Isaac Lab. Skild AI is using the simulation frameworks to develop general robot intelligence, and General Robotics is integrating them into its robot intelligence platform.

    Universal Blackwell Systems for Robot Developers
    Global systems manufacturers are building NVIDIA RTX PRO™ 6000 workstations and servers, offering a single architecture to easily run every robot development workload across training, synthetic data generation, robot learning and simulation.

    Cisco, Dell Technologies, Hewlett Packard Enterprise, Lenovo and Supermicro announced NVIDIA RTX PRO-powered servers, and Dell Technologies, HPI and Lenovo announced NVIDIA RTX PRO 6000 Blackwell-powered workstations.

    When more compute is required to run large-scale training or data generation workloads, developers can tap into NVIDIA Blackwell systems like GB200 NVL72 — available with NVIDIA DGX™ Cloud on leading cloud providers and NVIDIA Cloud Partners — to achieve up to 18x greater performance for data processing.

    Developers can deploy their robot foundation models to the NVIDIA Jetson Thor platform, coming soon — enabling accelerated on-robot inference and runtime performance.

    Watch the COMPUTEX keynote from Huang and learn more at NVIDIA GTC Taipei.

    About NVIDIA
    NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    For further information, contact:
    Paris Fox
    Corporate Communications
    NVIDIA Corporation
    +1-408-242-0035
    pfox@nvidia.com

    Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, performance and availability of NVIDIA’s products, services; NVIDIA’s collaborations with third parties and the benefits and impact thereof; third parties using or adopting our products and technologies, the benefits and impact thereof; physical AI and robotics bringing about our next industrial revolution; and NVIDIA providing the ecosystem with the building blocks for every stage of the robotics development journey 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, which are subject to the “safe harbor” created by those sections and that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    Many of the products and features described herein remain in various stages and will be offered on a when-and-if-available basis. The statements above are not intended to be, and should not be interpreted as a commitment, promise, or legal obligation, and the development, release, and timing of any features or functionalities described for our products is subject to change and remains at the sole discretion of NVIDIA. NVIDIA will have no liability for failure to deliver or delay in the delivery of any of the products, features or functions set forth herein.

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, DGX, NVIDIA Cosmos, NVIDIA Isaac, NVIDIA Isaac Sim, NVIDIA Omniverse and NVIDIA RTX PRO are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cae92527-3b1e-4e58-9e4a-5c18b3f06a22

    The MIL Network –

  • MIL-OSI New Zealand: Prime Minister must scrap the Regulatory Standards Bill

    Source: Green Party

    The Green Party is urging the Prime Minister to get rid of the Regulatory Standards Bill after the Waitangi Tribunal found that the Bill breaches the Crown’s Tiriti o Waitangi obligations.

    “The Regulatory Standards Bill is another thinly veiled attack on te Tiriti o Waitangi. The Prime Minister failed to show leadership on the Treaty Principles Bill, he can begin to make amends by abandoning this Bill,” says Green Party co-leader Marama Davidson.

    “Te Tiriti o Waitangi is the promise of protection, for people and planet. We have seen hundreds of thousands of people show up in support of te Tiriti o Waitangi, we know our communities will not stand for this.

    “The Bill is the same tired politics we have seen time and time again from the Government, attacking Te Tiriti o Waitangi to make it easier for wealthy companies to exploit our whānau and our taiao for profit.

    “For a Bill that claims to attempt to embed ‘good law-making’, the Bill has already breached te Tiriti o Waitangi in its policy development and has completely ignored the significant opposition and feedback provided in over 22,000 submissions.  

    “The last time the Prime Minister showed up to Waitangi, he said that te Tiriti o Waitangi was our past, present, and future. As Prime Minister, it would be wrong for him to again ignore the findings of the Waitangi Tribunal and allow this Bill to proceed without real engagement with Māori on such constitutionally significant legislation.

    “Governments come and go. Politicians come and go. Te Tiriti o Waitangi is foundational and enduring. Honouring te Tiriti o Waitangi is the constitutional obligation of every Prime Minister – something Christopher Luxon must take personal responsibility for by scrapping the Regulatory Standards Bill.

    “Whatungarongaro te tangata, toitū te whenua. Whatungarongaro te Kāwanatanga, toitū te Tiriti o Waitangi. People disappear, while the land remains. Governments come and go, while te Tiriti o Waitangi is forever,” says Marama Davidson.

    MIL OSI New Zealand News –

  • MIL-OSI: NVIDIA Launches AI-First DGX Personal Computing Systems With Global Computer Makers

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan, May 18, 2025 (GLOBE NEWSWIRE) — COMPUTEX — NVIDIA today announced that Taiwan’s leading system manufacturers are set to build NVIDIA DGX Spark and DGX Station™ systems.

    Growing partnerships with Acer, GIGABYTE and MSI will extend the availability of DGX Spark and DGX Station personal AI supercomputers — empowering a global ecosystem of developers, data scientists and researchers with unprecedented performance and efficiency.

    Enterprises, software providers, government agencies, startups and research institutions need robust systems that can deliver the performance and capabilities of an AI server in a desktop form factor without compromising data size, proprietary model privacy or the speed of scalability.

    The rise of agentic AI systems capable of autonomous decision-making and task execution amplifies these demands. Powered by the NVIDIA Grace Blackwell platform, DGX Spark and DGX Station will enable developers to prototype, fine-tune and inference models from the desktop to the data center.

    “AI has revolutionized every layer of the computing stack — from silicon to software,” said Jensen Huang, founder and CEO of NVIDIA. “Direct descendants of the DGX-1 system that ignited the AI revolution, DGX Spark and DGX Station are created from the ground up to power the next generation of AI research and development.”

    DGX Spark Fuels Innovation
    DGX Spark is equipped with the NVIDIA GB10 Grace Blackwell Superchip and fifth-generation Tensor Cores. It delivers up to 1 petaflop of AI compute and 128GB of unified memory, and enables seamless exporting of models to NVIDIA DGX™ Cloud or any accelerated cloud or data center infrastructure.

    Delivering powerful performance and capabilities in a compact package, DGX Spark lets developers, researchers, data scientists and students push the boundaries of generative AI and accelerate workloads across industries.

    DGX Station Advances AI Innovation
    Built for the most demanding AI workloads, DGX Station features the NVIDIA GB300 Grace Blackwell Ultra Desktop Superchip, which offers up to 20 petaflops of AI performance and 784GB of unified system memory. The system also includes the NVIDIA ConnectX®-8 SuperNIC, supporting networking speeds of up to 800Gb/s for high-speed connectivity and multi-station scaling.

    DGX Station can serve as an individual desktop for one user running advanced AI models using local data, or as an on-demand, centralized compute node for multiple users. The system supports NVIDIA Multi-Instance GPU technology to partition into as many as seven instances — each with its own high-bandwidth memory, cache and compute cores — serving as a personal cloud for data science and AI development teams.

    To give developers a familiar user experience, DGX Spark and DGX Station mirror the software architecture that powers industrial-strength AI factories. Both systems use the NVIDIA DGX operating system, preconfigured with the latest NVIDIA AI software stack, and include access to NVIDIA NIM™ microservices and NVIDIA Blueprints.

    Developers can use common tools, such as PyTorch, Jupyter and Ollama, to prototype, fine-tune and perform inference on DGX Spark and seamlessly deploy to DGX Cloud or any accelerated data center or cloud infrastructure.

    Dell Technologies is among the first global system builders to develop DGX Spark and DGX Station — helping address the rising enterprise demand for powerful, localized AI computing solutions.

    “There’s a clear shift among consumers and enterprises to prioritize systems that can handle the next generation of intelligent workloads,” said Michael Dell, chairman and CEO of Dell Technologies. “The interest in NVIDIA DGX Spark and NVIDIA DGX Station signals a new era of desktop computing, unlocking the full potential of local AI performance. Our portfolio is designed to meet these needs. Dell Pro Max with GB10 and Dell Pro Max with NVIDIA GB300 give organizations the infrastructure to integrate and tackle large AI workloads.”

    HP Inc. is bolstering the future of AI computing by offering these new solutions that enable businesses to unlock the full potential of AI performance.

    “Through our collaboration with NVIDIA, we are delivering a new set of AI-powered devices and experiences to further advance HP’s future-of-work ambitions to enable business growth and professional fulfillment,” said Enrique Lores, president and CEO of HP Inc. “With the HP ZGX, we are redefining desktop computing — bringing data-center-class AI performance to developers and researchers to iterate and simulate faster, unlocking new opportunities.”

    Expanded Availability and Partner Ecosystem
    DGX Spark will be available from Acer, ASUS, Dell Technologies, GIGABYTE, HP, Lenovo and MSI, as well as global channel partners, starting in July. Reservations for DGX Spark are now open on nvidia.com and through NVIDIA partners.

    DGX Station is expected to be available from ASUS, Dell Technologies, GIGABYTE, HP and MSI later this year.

    Watch the COMPUTEX keynote from Huang and learn more at NVIDIA GTC Taipei.

    About NVIDIA
    NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    For further information, contact:
    Pearlina Boc
    NVIDIA Corporation
    +1-562-275-5781
    pboc@nvidia.com

    Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, performance and availability of NVIDIA’s products, services; NVIDIA’s collaborations with third parties and the benefits and impact thereof; third parties using or adopting our products and technologies, the benefits and impact thereof; and DGX Spark and DGX Station powering the next generation of AI research and development 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, which are subject to the “safe harbor” created by those sections and that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, ConnectX, DGX, DGX Station and NVIDIA NIM are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3de0d4f3-f87b-4d9c-8231-10c4957d60e9

    The MIL Network –

  • MIL-OSI: NVIDIA RTX PRO Servers Speed Trillion-Dollar Enterprise IT Industry Transition to AI Factories

    Source: GlobeNewswire (MIL-OSI)

    TAIPEI, Taiwan, May 19, 2025 (GLOBE NEWSWIRE) — COMPUTEX — NVIDIA today announced it is speeding the trillion-dollar IT infrastructure transition to enterprise AI factories with NVIDIA RTX PRO™ Servers and a new NVIDIA Enterprise AI Factory validated design for building data centers that deliver universal acceleration for AI, design, engineering and business applications.

    Built with NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs, RTX PRO Servers extend the leading performance and energy efficiency of the NVIDIA Blackwell architecture to data centers that can run virtually every enterprise workload — driving the shift from CPU-based systems to efficient GPU-accelerated infrastructure.

    Using the NVIDIA Enterprise AI Factory validated design, partners are building a new class of on-premises infrastructure — featuring RTX PRO Servers, NVIDIA Spectrum™-X Ethernet networking, NVIDIA BlueField® DPUs, NVIDIA-Certified Storage systems and NVIDIA AI Enterprise software — to accelerate product design and engineering simulation applications, as well as a quickly growing catalog of AI-enabled business systems and teams of digital AI agents. 

    “AI is revolutionizing every industry — every company will build or rent AI factories to run their businesses and power the intelligence of their products,” said Jensen Huang, founder and CEO of NVIDIA. “With our global partner ecosystem, we’re helping enterprises infuse AI into their workforce, automate their factories and build AI-native products.”

    Industry Leaders Drive Innovation With NVIDIA AI Factories
    The NVIDIA Blackwell architecture enables enterprises to unlock the full potential of AI in their data center infrastructure. Cadence, Foxconn and Lilly are among the first planning to build AI factories using the NVIDIA Enterprise AI Factory validated design with RTX PRO Servers to advance their operations.

    Foxconn is building an AI factory to advance global semiconductor and electronics manufacturing with NVIDIA-accelerated IT infrastructure, as well as its smart electric vehicles, factory digital twins, healthcare and robotics applications.

    “Foxconn is harnessing the performance of NVIDIA Blackwell to build AI infrastructure that will transform every facet of electronics manufacturing,” said Young Liu, chairman of Foxconn. “Through our close collaboration with NVIDIA, we will accelerate the integration of AI across our global operations and deliver smarter electronics for the world.”

    Universal Data Center Platform for Accelerated Workloads
    The RTX PRO 6000 Blackwell is a universal data center GPU for powering AI factories and accelerating demanding enterprise AI workloads, from multimodal AI inference and physical AI to design, scientific computing, graphics and video applications.

    NVIDIA RTX PRO Servers from global system partners can support up to eight NVIDIA RTX PRO 6000 Blackwell GPUs, including NVIDIA BlueField-3 DPUs and NVIDIA ConnectX®-8 SuperNICs with built-in PCIe Gen 6 switches.

    Enterprises can accelerate AI and data science workloads on RTX PRO Servers with the NVIDIA AI Enterprise software platform. Developers can optimize AI inference performance and agent accuracy with NVIDIA NIM™ and NeMo™ microservices, and use the latest NVIDIA AI Blueprints for digital humans and AI query engines.

    With powerful NVIDIA RTX™ graphics and AI capabilities, NVIDIA RTX PRO Servers deliver exceptional performance for industrial digital twin and robotics learning and simulation workflows developed on the NVIDIA Omniverse™ platform.

    New Validated Design Speeds Enterprise AI Factory Deployments
    Using the NVIDIA Enterprise AI Factory validated design — based on recommended hardware configurations from NVIDIA Enterprise Reference Architectures — NVIDIA partners will build Blackwell AI factories featuring NVIDIA-Certified Servers, NVIDIA Spectrum-X, NVIDIA BlueField, NVIDIA-Certified Storage and NVIDIA AI Enterprise software.

    The full-stack, validated design provides AI software stack recommendations to help enterprise customers build and operate on-premises AI factories. It offers guidance for scaling an enterprise AI factory with RTX PRO Servers, including deployment best practices, to help organizations meet their growing AI business needs efficiently and reliably.

    Customers can also architect their Blackwell AI factories with NVIDIA HGX™ B200 systems for large-scale, demanding AI workloads.

    NVIDIA Partners Building Blackwell AI Factory Infrastructure
    NVIDIA ecosystem partners are building products, software and services to speed the enterprise IT shift to accelerated AI factory infrastructure.

    Global system makers Cisco, Dell Technologies, Hewlett Packard Enterprise and Lenovo will offer full-stack solutions with NVIDIA RTX PRO Servers and NVIDIA AI Enterprise software using the NVIDIA Enterprise AI Factory validated design.

    Data center system partners including Advantech, ASRock Rack, ASUS, Compal, Foxconn, GIGABYTE, Inventec, MiTAC Computing, MSI, Pegatron, Quanta Cloud Technology, Supermicro, Wistron and Wiwynn will also be offering NVIDIA RTX PRO Servers.

    Blackwell AI factories are ideal for accelerating workloads across a broad range of popular enterprise software platforms, including those from Ansys, Cadence, CrowdStrike, Elastic, Red Hat, Siemens and Synopsys. 

    Enterprises building AI factories with NVIDIA RTX PRO 6000 Blackwell GPUs can deploy NVIDIA-Certified Storage from partners including DDN, Dell, HPE, Hitachi Vantara, IBM, NetApp, Nutanix, Pure Storage, VAST Data and WEKA to support a broad range of workloads.

    Consulting giants Accenture, Deloitte, EY, Infosys, Tata Consultancy Services and Wipro are helping enterprises transition to Blackwell-accelerated data centers to speed applications across their business using the Enterprise AI Factory design.

    Availability
    Customers can contact their preferred NVIDIA technology provider to plan their enterprise AI factory with RTX PRO Servers. Learn more about the Enterprise AI Factory validated design and get started on the NVIDIA Marketplace.

    Watch the COMPUTEX keynote from Huang and learn more at NVIDIA GTC Taipei.

    About NVIDIA
     NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    For further information, contact:
    Pearlina Boc
    NVIDIA Corporation
    +1-562-275-5781
    pboc@nvidia.com

    Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, performance and availability of NVIDIA’s products, services; NVIDIA’s collaborations with third parties and the benefits and impact thereof; third parties using or adopting our products and technologies, the benefits and impact thereof; AI revolutionizing every industry, from the way companies run to the products they make; and with its global partner ecosystem, NVIDIA helping enterprises infuse AI into their workforce, automate their factories and build AI-native products 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, which are subject to the “safe harbor” created by those sections and that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    Many of the products and features described herein remain in various stages and will be offered on a when-and-if-available basis. The statements above are not intended to be, and should not be interpreted as a commitment, promise, or legal obligation, and the development, release, and timing of any features or functionalities described for our products is subject to change and remains at the sole discretion of NVIDIA. NVIDIA will have no liability for failure to deliver or delay in the delivery of any of the products, features or functions set forth herein.

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, BlueField, ConnectX, NeMo, NVIDIA HGX, NVIDIA NIM, NVIDIA Omniverse, NVIDIA RTX, NVIDIA RTX PRO and NVIDIA Spectrum-X are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

    A photo accompanying this announcement is available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/80e02716-bdbd-4b88-97ae-fae2da8d5115

    The MIL Network –

  • MIL-OSI Economics: Creating Pathways to Success through Affordable Private Education

    Source: Asia Development Bank

    An ADB equity investment project has helped Philippine-based PHINMA Education expand its operations in Indonesia with two universities that now provide quality education to underserved communities. It has established or acquired Horizon University in Karawang, West Java, and lately, Horizon University in Jakarta. In this video, Indonesian students share how Phinma Education helps them achieve their dreams.

    MIL OSI Economics –

  • MIL-OSI Economics: Development Asia: How Public Assurance Systems Improve ESG Disclosure and Investor Trust

    Source: Asia Development Bank

    Environmental, Social, and Governance information—non-financial corporate data—has become increasingly important in today’s market. According to Bloomberg earlier this year, global ESG investments amounted to USD 30 trillion in 2022 and are expected to surpass USD 40 trillion by 2030. As studies continue to show that ESG performance influences corporate value, financial outcomes, and borrowing costs, ESG disclosure is now taken more seriously than ever.

    However, the legal framework for ESG disclosure remains incomplete, leaving consumers and investors vulnerable to misleading practices such as ESG washing. ESG investments are rapidly growing and influencing business activities, yet concerns[1] persist over greenwashing—where companies falsely promote or exaggerate the environmentally friendly attributes of their actions or products. International organizations and regulatory authorities across various countries are working to establish and strengthen non-financial disclosure requirements, but a universal regulatory framework is unlikely to emerge quickly due to the complexity and diversity of ESG information.[2]

    Despite these challenges, such a regulatory framework is essential, as greenwashing fosters false perceptions among consumers and investors, leading to misunderstanding and potential harm. A notable example is the 2015 Volkswagen emissions scandal, in which the company deliberately manipulated diesel engine performance during emissions tests, misleading regulators and consumers alike.[3] More recently, concerns have been raised that banks with weak ESG evaluations have greenwashed their performance by increasing lending to companies with stronger ESG ratings.

    While establishing a legal framework to impose sanctions for misleading ESG disclosures would help mitigate greenwashing risks, developing such a system is expected to take significant time. Although ESG disclosure obligations are strengthening worldwide, variations in mandatory reporting content and format between countries will likely persist for the foreseeable future. Ensuring consistency, accuracy, and comparability in ESG disclosures remains a complex challenge.[4]

    Moreover, non-financial information—such as environmental, governance, and social data—often presents greater information asymmetry between companies and investors than financial metrics. Quantifying and standardizing this information is difficult, as its relevance varies by industry, making it challenging to define uniform disclosure standards. Additionally, some ESG disclosure obligations have not been introduced based on investor materiality but rather due to historical factors, such as responses to industrial accidents, social concerns, environmental damage, or governance failures.[5]

    As a result, reporting obligations for many critical ESG indicators that matter to investors remain absent or incomplete. Yet, markets and investors must continue making decisions based on these fragmented disclosures, increasing the risk of confusion and financial loss.

    MIL OSI Economics –

  • MIL-Evening Report: An online travel company just collapsed. Here’s how to avoid being left stranded by an online deal

    Source: The Conversation (Au and NZ) – By Madalyn Scerri, Senior Lecturer in Tourism and Hospitality, Torrens University Australia

    Viacheslav Lopatin/Shutterstock

    Traveldream.com.au sold discounted holidays – curated hiking tours, boutique cruises and cultural getaways through a slick website and polished social media ads. But news emerged last week that the Melbourne-based travel company has collapsed into administration, leaving customers out of pocket by thousands of dollars, and in some cases, stranded overseas.

    What many didn’t know was that Traveldream hadn’t been formally accredited with the leading industry body since 2020. Its status under the Australian Travel Accreditation Scheme, run by the Australian Travel Industry Association, had been cancelled.

    To make matters worse, most travel insurance policies don’t cover insolvency, meaning many customers have no way to recover their losses.

    Australians are expected to spend over A$2 billion booking holidays online in 2024–25.

    Big name platforms such as Booking.com and Expedia account for about 60% of this activity. But many travellers are also turning to smaller or lesser-known providers offering flashy deals and lower prices, often with fewer safeguards.

    So, how can you protect yourself? Start with these five checks.

    1. Don’t be swayed by slick websites or social media ads

    It’s a common tactic, and one that’s hard to resist. You’re scrolling, you see a dreamy image, the price is tempting, and suddenly you’re halfway through checkout.

    But a polished ad doesn’t guarantee legitimacy.

    Travel-related scams are on the rise, especially involving online-only sellers.

    Ads on social media for idyllic vacations can be tempting, but check the fine print.
    Song_about_summer/Shutterstock

    Check for a verifiable business address, phone number and customer support. If the deal feels vague, under-priced or overly urgent, that’s a red flag.

    Look for independent reviews (on Trustpilot, Tripadvisor or Google), and check Scamwatch for known issues.

    2. Look at how the company engages with customers

    A company’s reputation isn’t just about what it promises: it’s built on how it responds to questions and complaints. Before booking, take a moment to see how the business interacts with customers online.

    Do they reply constructively to complaints? Do they offer updates or explanations when issues arise?

    Also notice the tone. Does it feel human and responsive, or generic and hands-off? That can suggest how they’ll treat you after the sale.

    Small signs can speak volumes. A page with thousands of followers but no visible engagement may indicate a paid audience – and a company that vanishes when things get difficult.

    3. Check if the company is accredited

    Another way to assess a travel company’s credibility is to check if it holds formal accreditation. This signals the company has met standards in financial security, customer service and dispute resolution.

    Search the Australian Travel Accreditation Scheme register at https://www.atas.com.au, or look for Quality Tourism Accreditation. For overseas providers, check for recognised local schemes.

    Accreditation offers extra reassurance, but it’s not the whole picture. Some large, reputable companies, such as Expedia, operate without it. If a company isn’t accredited, proceed with caution and focus on how bookings and payments are handled.

    4. Scrutinise policies carefully

    Before booking, check what happens if the provider goes bust, whether you can cancel or reschedule, and how your booking will be confirmed. Where possible, follow up directly with the hotel, airline or tour operator to make sure reservations are secured.

    Booking directly with a hotel or tour provider can ensure you are getting up-to-date availability.
    Media_Photos/Shutterstock

    It’s also important to understand what travel insurance does – and doesn’t – cover.

    Company insolvency is one of the most common exclusions. Unless a policy includes “end supplier failure” or a similar clause (most don’t), you may not be able to claim a refund. Always read the Product Disclosure Statement to check exactly where you stand.

    Another safeguard is to pay with protection in mind. Although conditions vary by provider, credit cards may offer chargebacks if the goods or services aren’t delivered.

    5. Book direct where feasible

    While accredited travel agencies can be helpful for complex itineraries, like overseas trips with multiple stops or bundled services, it’s often worth booking directly with the provider when making travel arrangements online, whether that’s a hotel, airline or tour company.

    Cutting out the intermediary can offer better value, including complimentary extras, flexible cancellation and full access to loyalty programs.

    Direct bookings usually reflect real-time availability and pricing, reducing the risk of outdated information. You’ll benefit from direct communication and confirmation, making it easier to customise or resolve issues.

    If something goes wrong, there’s also greater clarity about who’s responsible – offering stronger recourse under Australian Consumer Law.

    The bottom line?

    As more Australians book holidays online, it’s becoming harder to tell what’s trustworthy and what could leave you out of pocket.

    Traveldream’s collapse is a reminder. Even in the world of digital travel deals, it pays to ask: is this company built to last, not just until your trip departs, but until you return home?

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

    – ref. An online travel company just collapsed. Here’s how to avoid being left stranded by an online deal – https://theconversation.com/an-online-travel-company-just-collapsed-heres-how-to-avoid-being-left-stranded-by-an-online-deal-256878

    MIL OSI Analysis – EveningReport.nz –