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Category: China

  • MIL-OSI Asia-Pac: Secretary for Health meets with health officials of Guangdong Province and Shenzhen Municipality on “The Chief Executive’s 2024 Policy Address” (with photo)

    Source: Hong Kong Government special administrative region

         â€‹The Secretary for Health, Professor Lo Chung-mau, led a delegation to Shenzhen this afternoon (October 18) to meet with Deputy Director-General of the Health Commission of Guangdong Province Mr Deng Linfeng, Deputy Commissioner of the Guangdong Provincial Medical Products Administration Ms Wang Ling and Deputy Director of the Public Hygiene and Health Commission of Shenzhen Municipality Mr Li Chuang, and introduced to them various initiatives on developing Hong Kong into an international health and medical innovation hub, and aspects of deepening medical collaboration in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), as set out in “The Chief Executive’s 2024 Policy Address” newly announced.

         Professor Lo said, “In the Resolution of the Communist Party of China (CPC) Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization adopted by the Third Plenary Session of the 20th CPC Central Committee, it mentions the further reform of the medical and healthcare systems and support for the development of innovative drugs and medical devices. The Development Plan for Shenzhen Park of Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (Development Plan for Shenzhen Park) promulgated by the State Council in August last year put forward the synergistic development of Shenzhen and Hong Kong under the ‘one zone, two parks’ model, expressing clear support for the innovative application of advanced biomedicine technologies by capitalising on the role of the Greater Bay Area International Clinical Trial Centre to accelerate and promote the evaluation, inspection and clinical trials of drugs and medical devices in alignment with international standards.

         “The Hong Kong Special Administrative Region (HKSAR) Government is determined to leverage the advantages of ‘one country, two systems’ and Hong Kong’s healthcare professional system to develop Hong Kong into an international health and medical innovation hub to expedite patients’ access to advanced diagnostic and treatment services, and promote the development of the biomedicine research and development (R&D) industry, while actively integrating into the national development by showing support for fostering new quality productive forces in biomedical technology, as set out in the Resolution and the Development Plan for Shenzhen Park.”

         The Chief Executive proposed in the Policy Address directions to complement technological innovation with institutional innovation. The two major policy directions include:  

    (1) To expedite the reform of the approval mechanism for drugs and medical devices, such as extending the “1+” mechanism to all new drugs and devising the timetable for the Hong Kong Centre for Medical Products Regulation and the roadmap towards adoption of “primary evaluation”; and

    (2) To strengthen R&D and translation of biomedical technology. Following the expected commencement of operation of the Greater Bay Area International Clinical Trial Institute in the fourth quarter this year in the Hetao area, Hong Kong will press ahead with collaboration with Shenzhen in establishing the GBA Clinical Trial Collaboration Platform, leveraging the GBA population base of over 86 million under the “one zone, two parks” model in the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone to extend the R&D network, enable cross-boundary use of data, bio-samples as well as drugs and medical devices to shorten the time for clinical trials. At the same time, through the establishment of the Real-World Study and Application Centre, Hong Kong will join efforts with Guangdong Province to promote real-world studies, by integrating with data generated from the use of innovative drugs and medical devices in the GBA under the measure of using Hong Kong-registered drugs and medical devices used in Hong Kong public hospitals in the GBA to expedite applications for registration which enable the drugs and medical devices to be placed in the market of Hong Kong, the Mainland and overseas.

         The HKSAR Government will leverage the strengths of mutually beneficial collaborations with the GBA to effectively support innovation and application of advanced biomedical technology, with a view to attracting top-notch global biomedical enterprises and R&D organisations to set up operations in Hong Kong and in the GBA.

         During the meeting, various medical collaboration initiatives in the GBA, such as expanding cross-boundary health record sharing, promoting specialist training in the GBA and extending the Elderly Health Care Voucher GBA Pilot Scheme, were also discussed.

         Professor Lo emphasised, “The Health Bureau will implement various co-operation initiatives with the Mainland as put forward in the Policy Address and continue to deepen medical and healthcare collaboration with the Mainland, in particular the GBA Mainland cities, with a view to building a ‘Healthy Hong Kong’ for integration into a ‘Healthy Bay Area’ and making contributions to a ‘Healthy China’.”

         Members of the delegation include Deputy Secretary for Health Mr Sam Hui; the Deputy Director of Health, Dr Teresa Li; and the Chief Executive of the Hospital Authority, Dr Tony Ko. They will return to Hong Kong tonight.   

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: 2024 Hong Kong-Macao Visual Art Biennale commences in Hangzhou with artworks blending old and new culture by Hong Kong artists (with photos)

    Source: Hong Kong Government special administrative region

    2024 Hong Kong-Macao Visual Art Biennale commences in Hangzhou with artworks blending old and new culture by Hong Kong artists (with photos)
    2024 Hong Kong-Macao Visual Art Biennale commences in Hangzhou with artworks blending old and new culture by Hong Kong artists (with photos)
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         The 2024 Hong Kong-Macao Visual Art Biennale has commenced its display at the Gongwang Art Museum in Fuyang, Hangzhou today (October 18). With the theme “HK Snapshots‧City Walks”, the Hong Kong Heritage Museum curated the Hong Kong section of the biennale. Four groups of young local artists have created visual artworks inspired by Guangcai porcelain, Hong Kong cheongsams, traditional offset printing artistry and local flexible street stalls, demonstrating the city’s culture which blends the East and West and the old and new. The exhibition in Hangzhou will run until November 15 with free admission.      Addressing the opening ceremony of the biennale in Hangzhou today, the Deputy Director of Leisure and Cultural Services (Culture), Miss Eve Tam, said that the Hong Kong-Macao Visual Art Biennale is a major arts and cultural exchange event jointly organised by the Ministry of Culture and Tourism of the People’s Republic of China, the Hong Kong Special Administrative Region, the Macao Special Administrative Region and a number of Mainland cities. The Leisure and Cultural Services Department has participated in this event since its inception in 2008, presenting to Mainland audiences works created by Hong Kong artists. The National 14th Five-Year Plan has expressed clear support for Hong Kong to develop into an East-meets-West centre for international cultural exchange. The Hong Kong section of the biennale focuses on “Cultural Integration” in which budding artists from Hong Kong make use of their creativity to revitalise traditional crafts, reflecting the city’s cultural characteristics of blending the old and new and telling good stories of Hong Kong.      Four groups of artworks are on display in the Hong Kong section. The fourth-generation Lingnan School artist Rebecca Lo has inherited and applied Guangcai ink painting to ceramics to create five porcelain plate sets depicting natural and urban Hong Kong landscapes. The Hong Kong Cheongsam Association, the protection organisation of the national intangible cultural heritage item, has formed a young designer team led by Association committee members Dr Haze Ng and Eunice Lee, the team has designed and sewed four innovative sets of men’s and women’s cheongsams. Each cheongsam portrays the city’s unique architecture and memories through traditional cheongsam-making techniques and textile design. Printing studio ditto ditto, founded by sisters Donna and Nicole Chan, has utilised traditional offset printing artistry to produce four sets of printed works and postcards featuring Hong Kong attractions, scenic spots and cuisine. Lastly, exhibition designers from Key-Point Productions have drawn inspiration from flexible street stalls to create foldable installations for displaying the three groups of artworks mentioned above, offering visitors a unique “pop-up” exhibition experience.      This year’s biennale begins in Hangzhou and Nanjing, the two cultural hubs of the Yangtze River Delta region, and will later move to Guangzhou and Shenzhen in the Guangdong-Hong Kong-Macao Greater Bay Area, greatly enhancing cultural exchanges and integration between Hong Kong, Macao and the host cities.

     
    Ends/Friday, October 18, 2024Issued at HKT 19:45

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    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Polytechnic at the BRICS University Rectors Forum

    MILES AXLE Translation. Region: Russian Federation –

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

    The BRICS University Rectors’ Forum has started at Moscow State University. It is attended by 250 heads and representatives of universities from 20 countries – all BRICS countries (Russia, Brazil, Egypt, India, Iran, China, the United Arab Emirates, Ethiopia and South Africa), as well as Belarus, Bahrain, Jordan, Iraq, Yemen, Lebanon, Libya, Mauritania, Palestine and Sudan.

    It is important for us to work together to prepare new generations of personnel who are capable of not only achieving outstanding scientific results, but also increasingly feeling their responsibility for the future of science and humanity. The modern university community, as we see it, is open to equal, mutually beneficial partnership and cooperation, to mutual enrichment with the experience of developing universities in different countries, – the President of the Russian Union of Rectors, Rector of Moscow State University Viktor Sadovnichy greeted the participants.

    Deputy Minister of Science and Education of the Russian Federation Konstantin Mogilevsky emphasized: Education and science are becoming the most important tools for finding joint answers to global challenges such as climate change, economic inequality and global pandemics. It is thanks to the unification of the BRICS countries that we can implement practical initiatives of mutual interest.

    In his welcoming speech, the Vice Minister of Education of Brazil, Alexandre Brasil Carvalho da Fonseca, noted: The internationalization of education is a global perspective, and we aim to involve all BRICS countries in this process. We understand that the experience of all participants is a valuable resource for creating structures aimed at the internationalization of our activities. Our goal is to ensure access to higher education for Brazilians of different social classes, regardless of their status. We are confident that this cooperation will contribute to the improvement of research activities in universities and the improvement of the quality of life of the population within the BRICS.

    Welcoming speeches on the importance of inter-university cooperation were delivered by the Rector of Ain Shams University Saleh Hasem Mustafa Abdelrazek from Egypt, the Rector of the University of Sharjah Hamid Midwil Al-Naimi from the UAE and the President of the Association of Arab Universities Amr Ezzat Salama.

    Special Representative of the President of Russia for International Cultural Cooperation Mikhail Shvydkoy noted that the mechanism of regular dialogue at the level of ministers of education and enlightenment, ministers of science, technology and innovation, heads of academies of sciences of the BRICS countries is currently functioning effectively. Interaction is ongoing through the alliance of cooperation in the field of technical and vocational education and training.

    We are confident that this event, unprecedented in its scale and nature, will open a new chapter in the development of scientific and educational cooperation in BRICS, which will be supplemented by creative innovative solutions and joint achievements, he added.

    Vice President of the Russian Academy of Sciences Vladislav Panchenko emphasized the importance of the BRICS association: Cooperation between the academies of sciences and universities of the BRICS countries opens up enormous prospects for us. The exchange of young scientists and students allows us not only to solve modern scientific and social problems, but also to achieve significant success within the framework of our association. We pay great attention to this process, discussing the importance of the inextricable link between science and education, which was emphasized at the recent meeting of the heads of the academies of sciences of the BRICS countries in Moscow, timed to coincide with the three hundredth anniversary of the Russian Academy of Sciences.

    The Polytechnic delegation at the forum was headed by Vice-Rector for International Affairs Dmitry Arsenyev. The busy program between business sessions included negotiations with partner universities and national associations. Following the forum, agreements were signed with leading universities of the BRICS countries – Indore Institute of Technology (India), Federal University of Rio de Janeiro, State University of Campinas, State University of Sao Paulo “Julio de Mesquita Filho” (Brazil), Isfahan University of Technology (Iran), Gomel State Technical University named after P. O. Sukhoi (Belarus).

    We see significant interest from Brazil, India, and the Arab world in establishing strong long-term relations with Russia. It is gratifying that the Polytechnic University is known in these countries. This means that we are pursuing the right policy of forming our international reputation and promoting the university on the world stage. The agreements reached today create space for opportunities and development potential for us in the BRICS countries, – commented Dmitry Arsenyev.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.spbstu.ru/media/nevs/international_activize/polytech-at-the-forum-of-university-rectors-of-Brix-countries/

    MIL OSI Russia News –

  • MIL-OSI China: China to beef up financial support for key areas: official

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

    BEIJING, Oct. 18 — China will increase financial support for key areas and weak links by optimizing the supply of financial resources to help expand effective demand, an official said Friday.

    More efforts will be made to beef up financial support for ultra long-term treasury bonds and special bonds, strengthen the financing guarantee for major projects, and enrich consumer financial products, said Li Yunze, head of the National Financial Regulatory Administration (NFRA).

    The NFRA will accelerate the expansion and efficiency of the urban real estate financing coordination mechanism, and promote banking institutions to make good use of policy and commercial financial tools to revitalize idle land and digest the inventory of commercial housing, Li stated at the Annual Conference of Financial Street Forum 2024.

    He stressed the need to intensify the cultivation of patient capital and promote the development of new quality productive forces.

    The NFRA will also support qualified insurance institutions to set up new private equity investment funds, Li added.

    MIL OSI China News –

  • MIL-OSI China: China expects stable, mutually beneficial ties with UK: vice premier

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

    BEIJING, Oct. 18 — Chinese Vice Premier Ding Xuexiang met with Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom David Lammy here on Friday.

    Noting that China and the UK are both permanent members of the United Nations Security Council and major economies in the world with deeply intertwined interests, Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said the two countries’ leaders had reached important consensus on enhancing exchanges and cooperation in various fields and pointed out the direction for the development of bilateral relations.

    China is ready to work with the UK to further develop a more stable and mutually beneficial bilateral relationship from a strategic and long-term perspective and promote the upgrading of pragmatic cooperation in various fields, thus better benefiting the two countries and the two peoples and injecting more momentum into world peace and prosperity, said Ding.

    Lammy said the new UK government is willing to work with China to strengthen constructive dialogue, engage in candid communication, deepen cooperation in various fields, work for a consistent bilateral relationship featuring mutual respect, and jointly respond to global challenges.

    MIL OSI China News –

  • MIL-OSI China: SCO bolsters security cooperation, economic integration among members

    Source: China State Council Information Office

    Chinese Premier Li Qiang attends the 23rd Meeting of the Council of Heads of Government of Member States of the Shanghai Cooperation Organization (SCO) in Islamabad, Pakistan, Oct. 16, 2024. (Xinhua/Li Tao)

    At the just-concluded meeting in Islamabad, Pakistan, government leaders from Shanghai Cooperation Organization (SCO) members called for deepening cooperation in a range of areas including economy and trade, security, connectivity, energy, finance and green development.

    Participants to the 23rd Meeting of the Council of Heads of Government of Member States of the SCO agreed that in the face of a complex and volatile international environment, all parties need to actively implement the outcomes of the Astana Summit, work closely in solidarity and coordination.

    Since its inception in 2001, the SCO has been committed to strengthening mutual trust, dialogue and cooperation, with its ever-increasing role in bolstering security cooperation and economic integration for its members.

    ENHANCING SECURITY, STABILITY

    “From the very beginning, the SCO Charter was signed based on the fundamental principle of cooperation in countering the types of threats that are still relevant today — terrorism, separatism and extremism, as well as drug trafficking, transnational crime and illegal migration,” said Evgenia Makhmutova, associate professor at the department of political science of the Financial University under the Government of the Russian Federation.

    The member states work on the basis of a list of principles, among which are mutual respect for sovereignty, and non-interference in internal affairs, the scholar told Xinhua.

    With effective multilateral cooperation and coordination, the SCO has been playing a positive role in improving security situation of the region over the past more than two decades.

    Through its Regional Anti-Terrorist Structure, SCO member countries have been able to enhance intelligence sharing and operational coordination, hence more effective efforts in combating terrorism.

    Another important aspect of security cooperation is the exchange of experience and best practices in law enforcement, which encompasses training programs, staff exchanges and technical assistance among member states.

    Energy security also holds an important place on the SCO agenda. In recent years, efforts have been directed toward creating a unified energy market and developing joint projects in the energy field.

    Under evolving circumstances featuring new geopolitical factors and technological advancements, the SCO is also adapting its activities to new challenges, such as protectionism, cybersecurity and climate change, making the organization more flexible and capable of effectively responding to modern-day threats.

    TOWARD ECONOMIC INTEGRATION

    Over the years, the SCO has made remarkable achievements in boosting trade and facilitating economic integration among member states.

    Sohail Mahmood, former foreign secretary of Pakistan and director general of think tank the Institute of Strategic Studies Islamabad, said that trade among SCO members had grown significantly since its founding, reflecting the organization’s growing influence and global relevance.

    As a member state, Pakistan values the SCO mechanism for securing economic cooperation. Amina Masood, professor of the faculty of social sciences of International Islamic University Islamabad, said it’s important to take advantage of the SCO meeting in Islamabad to increase the country’s trade and technical partnership with Central Asian and South Asian countries.

    Economic cooperation has “not only greatly supported socio-economic development in the SCO community, but also contributed to regional and global economic growth and development,” the professor said.

    The 10-member SCO, which covers over half of the Eurasian landmass, has maintained trade growth and closer economic interactions thanks to better connectivity provided by enhanced infrastructure.

    In the region, landmark projects, notably the China-Central Asia Gas Pipeline, the Chinese-built new North-South highway in Kyrgyzstan, the China-Pakistan Economic Corridor, the China-Mongolia-Russia Economic Corridor and the Eurasian transport corridor, have greatly facilitated economic exchanges.

    At the same time, with a large combined population, the SCO represents vast market potential. Collective economic development of all members helps fuel demand for goods and services, which in turn drives vigorous growth of the region’s economies.

    GROWING INFLUENCE, VITALITY

    Over the past two decades, the SCO has maintained its vitality and become an influential regional and international organization in an international landscape fraught with changes and turbulence.

    The Shanghai Spirit ensures that every member state has an equal voice, regardless of economic scale, military potential, or international influence, setting an example of multilateral cooperation.

    “As the world today is going through a phase of disintegration of the Western-centred system of international security, and the countries of the Global South are striving for the status of equal and sovereign world players, the potential for the SCO to become a platform for the integration of non-Western forces is noticeably expanding,” Makhmutova told Xinhua.

    “The growing number of countries interested in this format undoubtedly enhances the status and credibility of the organization,” said the Russian scholar.

    As its influence grows, the scope of cooperation for SCO, which currently groups China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, Uzbekistan and Belarus, with two observer countries and 14 dialogue partners, is also expanding, thereby adding more vitality to the organization.

    China, the SCO rotating presidency for 2024-2025, has put forward a central theme of “SCO Year of Sustainable Development.”

    Under this theme, closer cooperation will be fostered in a wide range of areas, such as poverty alleviation, food security, public health, development financing, climate change and green development, industrialization, digital economy and connectivity. 

    MIL OSI China News –

  • MIL-OSI Russia: Delegation from Henan Urban Planning University visited SPbGASU

    MILES AXLE Translation. Region: Russian Federation –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Svyatoslav Fedorov, Ekaterina Voznyak, Dmitry Ulrikh, Galina Tokunova, Sergey Mikhailov, Svetlana Golovina, Wang Jing, Elizaveta Druzhinina, Xing Yan, Zhang Jianguo and Ho Songtao

    A delegation from Henan University of Urban Development (PRC), a long-term partner of our university, paid a friendly visit to SPbGASU. During the meeting, the parties discussed solutions to specific issues of cooperation and prospects for its development.

    The delegation of Henan University of Architecture and Civil Engineering included Vice President of the University Wang Jing, Director of the Institute of Architectural Research Zhang Jianguo, Dean of the Faculty of Management Ho Songtao, Dean of the Faculty of Architecture and Urban Planning Xing Yan. The meeting was attended by the First Vice-Rector Svetlana Golovina, Vice-Rector for Educational Activities Sergey Mikhailov, Vice-Rector for Economics and Finance Elizaveta Druzhinina, Dean of the Faculty of Architecture Ekaterina Voznyak, Dean of the Faculty of Economics and Management Galina Tokunova, Dean of the Faculty of Environmental Engineering and Urban Economy Dmitry Ulrikh, Head of the Department of Water Use and Ecology Svyatoslav Fedorov, Head of the International Activities Department Shuainat Akhmadulaeva.

    Svetlana Golovina emphasized that today, universities and academic institutions in China are beacons of advanced knowledge, scientific discoveries and high-quality education. They not only make a significant contribution to the rapid development of their country, but have also become an integral and important part of the global academic community.

    “Our university traditionally pays great attention to the implementation of scientific and educational projects with universities in China. Since 2017, the most dynamically developing relations are with Henan University of Urban Development. This cooperation includes a wide range of areas, the implementation of joint educational programs, academic exchange of teachers and students, holding joint summer schools, implementing scientific and technical developments, holding scientific and practical conferences, expanding the laboratory base and publishing activities. Over the past year alone, more than 70 of our students have become familiar with the history, culture, and system of professional education of China as part of the academic mobility program. Currently, ten students from Henan University are on an exchange program at our university,” noted Svetlana Golovina.

    The First Vice-Rector added that since 2020, SPbGASU has been participating in the implementation of an educational program for training bachelors in the water supply and sanitation program, financed by the Chinese side. Up to 20 teachers from seven departments of our university took part in this work annually. And today there is an opportunity and need to discuss the further course of implementation of this project.

    Wang Jing shares a similar opinion. The Vice President recalled that the history of cooperation between our countries and universities has a long history. Since the Soviet period, both countries have cooperated in various urban development and architectural projects.

    “Today, our cooperation is developing at the management level, and the ties between the teaching staff and students are strengthening. This is important. Our universities have many similar educational programs: architecture, urban planning, engineering ecology, water management. We support the policy of openness, develop international cooperation, and SPbGASU has become our closest partner. The current meeting will help strengthen our diverse cooperation, including in organizing the educational process,” said Wang Jing.

    Currently, 37 students from Henan University of Urban Planning are studying at SPbGASU, including 22 master’s students and 15 postgraduates. As was emphasized by the parties, such successful experience needs to be expanded in different directions. Ekaterina Voznyak gave examples of active cooperation development. Thus, students from both universities took part in the architectural competition “ArchConcept”, the Chinese-Russian competition “The Future is Coming!” Also, students from SPbGASU completed an internship at Henan University of Urban Planning.

    The delegation from China was also interested in the Faculty of Economics and Management of SPbGASU, whose activities were introduced by Galina Tokunova.

    “We highly value our partnership and are confident that through joint efforts we will strengthen the ties between our universities,” summed up Svetlana Golovina.

    During their stay at SPbGASU, the delegation visited the historical information center, the testing center, the architectural faculty, the department of heat and gas supply and ventilation, and an exhibition of works by Chinese and Soviet scientists in the field of architectural and construction art (mid-second half of the 20th century) in the scientific and technical library.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://www.spbgasu.ru/nevs-and-events/nevs/a delegation-of-Henan-urban-planning-university-visited-spbgasu-

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Lo Chung-mau meets GD, SZ officials

    Source: Hong Kong Information Services

    Secretary for Health Prof Lo Chung-mau led a delegation to Shenzhen today to meet health officials of Guangdong Province and Shenzhen Municipality.

    He met Health Commission of Guangdong Province Deputy Director-General Deng Linfeng, Guangdong Provincial Medical Products Administration Deputy Commissioner Wang Ling and Public Hygiene & Health Commission of Shenzhen Municipality Deputy Director Li Chuang.

    Prof Lo introduced to them the initiatives on developing Hong Kong into an international health and medical innovation hub and aspects of deepening medical collaboration in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), as set out in the 2024 Policy Address.

    The health chief noted that the Resolution of the Communist Party of China (CPC) Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization adopted by the Third Plenary Session of the 20th CPC Central Committee mentions further reform of the medical and healthcare systems and support for the development of innovative drugs and medical devices.

    The Development Plan for Shenzhen Park of Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation promulgated by the State Council put forward the synergistic development of Shenzhen and Hong Kong under the “one zone, two park” model, expressing clear support for the innovative application of advanced biomedicine technologies by capitalising on the role of the GBA International Clinical Trial Centre, he added.

    “The Hong Kong Special Administrative Region Government is determined to leverage the advantages of ‘one country, two systems’ and Hong Kong’s healthcare professional system to develop Hong Kong into an international health and medical innovation hub to expedite patients’ access to advanced diagnostic and treatment services, and promote the development of the biomedicine research and development industry, while actively integrating into the national development by showing support for fostering new quality productive forces in biomedical technology, as set out in the aforesaid resolution and the development plan.”

    During the meeting, various medical collaboration initiatives in the GBA such as expanding cross-boundary health record sharing, promoting specialist training in the bay area and extending the Elderly Health Care Voucher GBA Pilot Scheme were also discussed.

    Prof Lo added that the Health Bureau will implement various co-operation initiatives with the Mainland as put forward in the Policy Address and deepen medical and healthcare collaboration with the Mainland, in particular the GBA Mainland cities.

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: NATO Secretary General: Strengthening deterrence “top priority”

    Source: NATO

    NATO Defence Ministers wrapped up two days of talks on Friday (18 October) with a commitment to further support Ukraine, strengthen ties with partners in the Asia-Pacific and reinforce the Alliance’s deterrence and defence.

    “Strengthening our deterrence and defence is this Alliance’s top priority, because keeping our one billion people safe is NATO’s most sacred duty,” NATO Secretary General Mark Rutte said after the meeting. The Secretary General cited greater defence industrial capacity, more secure supply chains, and new technologies as critical to ensuring the Alliance’s security. Mr. Rutte added that NATO was making a fresh push for common munitions standards and more joint procurement to drive down costs and improve ease of use among Allies. NATO operations in the Western Balkans and Iraq were also on the agenda.

    Addressing the issue of Allied airspace breached by Russian drones, the Secretary General said that air and missile defence remains an Alliance priority. He highlighted the airspace violation in Romania yesterday and affirmed NATO’s solidarity with Romania, commending Romanian authorities and SACEUR for “their quick and effective response.” This was possible, in part, because NATO is stepping up surveillance on its eastern flank as part of a broader effort to reinforce deterrence. Mr Rutte went on to emphasise that Allies are purchasing hundreds of modern fighter aircraft and air defences systems.  

    Warning of Russia’s “increasingly irresponsible rhetoric”, the Secretary General said the Alliance’s nuclear deterrent remains “vital” to preserve peace, prevent coercion and deter aggression.

    On Thursday (17 October), NATO Defence Ministers were joined for the first time by their counterparts from Australia, Japan, the Republic of Korea and New Zealand for talks on common security challenges, including in the context of Ukraine and the support that China, North Korea, and Iran are providing to Russia’s war effort.

    Later on Thursday, Ukrainian President Volodymyr Zelensky joined Ministers in the NATO-Ukraine Council and provided an overview of his plan for ending the war. The discussion among Defence Ministers with their Ukrainian counterpart, Rustem Umerov, focused on Ukraine’s most urgent needs, including equipment and training. The Secretary General noted that work is well underway to set up NATO’s new command to coordinate security assistance and training for Ukraine, and to deliver on the pledge of 40 billion euros in military aid. He reiterated that Ukraine’s path to NATO membership is irreversible. “Ukraine will be member of NATO, there is no doubt about it, and until that happens we will make sure that Ukraine has everything it needs to prevail,” he said.

    MIL Security OSI –

  • MIL-OSI China: Senior Chinese, Brazilian officials meet on advancing ties

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

    Chinese Vice Premier Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with Rui Costa, chief of staff of the Presidency of Brazil, in Beijing, capital of China, Oct. 18, 2024. [Photo/Xinhua]

    BEIJING, Oct. 18 — Chinese Vice Premier Ding Xuexiang met with Rui Costa, chief of staff of the Presidency of Brazil, on Friday in Beijing.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said both China and Brazil are important representative countries of the Global South, calling the two countries like-minded good friends and good partners marching forward hand in hand.

    Ding noted that under the strategic guidance of the two countries’ leaders, the China-Brazil comprehensive strategic partnership has shown vigorous development momentum, with political mutual trust being constantly consolidated and new progress made in exchanges and cooperation of various fields.

    China is ready to work with Brazil to earnestly act on the important consensus reached by the two countries’ heads of state, and take the 50th anniversary of diplomatic relations as an opportunity to constantly expand the depth, width and height of mutually beneficial cooperation, and promote bilateral ties to a new high, said Ding.

    Costa said Brazil highly values China and takes China as a reliable long-term partner, expressing the hope to make joint efforts with China to make bilateral relations more strategic and comprehensive.

    MIL OSI China News –

  • MIL-OSI China: China formulating action plans on deepening capital market reform: official

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

    BEIJING, Oct. 18 — China’s top securities regulator is studying and drawing up action plans to further deepen capital market reform, Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), said on Friday.

    The CSRC will deepen the market-oriented, law-based comprehensive reform of capital market investment and financing, Wu told the Annual Conference of Financial Street Forum 2024 that opened on the same day.

    Wu called for efforts in accelerating the implementation of the guidelines on medium and long-term capital entry into the market, while vigorously developing public equity funds.

    Efforts will also be made to improve the mechanism for coordinated development of the primary and secondary markets, and make the scale and pace of market financing more scientific and reasonable, he said.

    Wu noted that works will also be focused on improving the quality of listed companies, guiding and urging listed companies to optimize corporate governance, improve transparency, and increase dividends and buybacks, so as to create long-term returns for investors.

    Commenting on shareholders reducing their holdings, Wu said data showed that, whether in the past year or since late September, listed companies have not experienced cluster holding reduction or large-scale illegal reduction of holdings.

    He however noted that the CSRC will strengthen the whole-chain supervision on issuance and listing, information disclosure, share reduction and delisting targeting the major shareholders to effectively protect the rights of small and medium investors.

    On supporting the development of the new quality productive forces, the CSRC will focus on supporting high-quality innovative enterprises, enhancing the inclusiveness and adaptability of the system, and reforming and optimizing the issuance and listing system, Wu added.

    MIL OSI China News –

  • MIL-OSI China: China’s consumer goods trade-ins unleash market potential: official

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

    TIANJIN, Oct. 18 — China’s consumer goods trade-ins have unleashed new market demands, with over 1.4 million applications for automobile scrapping and renewal subsidies recorded so far, Vice Minister of Commerce Sheng Qiuping said on Friday.

    As of Wednesday, more than 10.8 million consumers across the country had purchased some 15.6 million pieces of household appliance included in China’s consumer goods renewal program, Sheng told the 2024 Haihe International Consumption Forum that opened on the same day in Tianjin, north China.

    Household appliance trade-ins have driven a total sales of 73.36 billion yuan (about 10.3 billion U.S. dollars), according to the vice minister.

    During the first half of this year, consumption alone contributed 60.5 percent to China’s economic growth, driving its GDP growth by 3 percentage points, said Sheng.

    He said the ministry will join hands with other departments to further boost consumption and consolidate the stable and positive momentum of the market.

    In March this year, China unveiled an action plan to implement the equipment and consumer goods renewal program to expand domestic demand and shore up the economy. In July, it further stepped up policy support for the program with an extra fund injection of 300 billion yuan via ultra-long special treasury bonds.

    MIL OSI China News –

  • MIL-OSI China: Chinese vice premier meets IFAD president

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

    BEIJING, Oct. 18 — Chinese Vice Premier Liu Guozhong met with Alvaro Lario, president of the International Fund for Agricultural Development (IFAD), in Beijing on Friday.

    Liu, also a member of the Political Bureau of the Communist Party of China Central Committee, expressed the hope that the two sides will further enhance the exchange of experience, deepen South-South cooperation and trilateral cooperation, and contribute more to the implementation of the Global Development Initiative and the realization of the United Nations 2030 Sustainable Development Goals, Liu said.

    Lario expressed admiration for China’s great achievements in development and is willing to learn and share China’s experience and promote international cooperation on poverty reduction and agricultural development.

    MIL OSI China News –

  • MIL-OSI USA: NASA Selects Crew for 45-Day Simulated Mars Mission in Houston

    Source: NASA

    NASA selected a crew of four research volunteers to participate in its last simulated mission to Mars in 2024 within a habitat at the agency’s Johnson Space Center in Houston.
    Obaid Alsuwaidi, Kristen Magas, Tiffany Snyder, and Anderson Wilder will step into the 650-square-foot HERA (Human Exploration Research Analog) facility on Friday, Nov. 1. Once inside, the team will live and work like astronauts for 45 days. The crew will exit the facility on Monday, Dec. 16, after simulating their return to Earth. Jordan Hundley and Robert Wilson also were named as alternate crew members.
    Scientists use HERA studies to examine how crew members adapt to isolation, confinement, and remote conditions before NASA sends astronauts on deep space missions to the Moon, Mars, and beyond. The studies provide data about human health and performance in an enclosed environment over time with crews facing different challenges and tasks.
    The four volunteers will carry out scientific research and operational tasks throughout their simulated mission, including raising shrimp, growing vegetables, and “walking” on the surface of Mars using virtual reality. They will also experience communication delays lasting up to five minutes as they “near” Mars, allowing researchers to see how crews may respond to the type of delays astronauts will encounter in deep space. Astronauts traveling to the Red Planet may encounter one-way communication delays lasting as long as 20 minutes.
    As with the previous HERA missions, crew members will conduct 18 human health studies during the mission through NASA’s Human Research Program. Collectively, the work helps scientists understand how a spaceflight-like environment contributes to the physiological, behavioral, and psychological health of crew members. Insights gleaned from the studies will allow researchers to develop and test strategies aimed at helping astronauts overcome obstacles on deep space missions.

    Primary Crew

    Obaid Alsuwaidi
    Obaid Alsuwaidi serves as captain engineer for the United Arab Emirates’ (UAE) Ministry of Defense. In this role, he provides guidance in civil and marine engineering and addresses challenges facing the organization. Previously, Alsuwaidi worked as a project manager for the defense ministry, helping to streamline productivity, establish high standards of professionalism, and build a team of experts to serve the UAE’s needs.
    Alsuwaidi earned a bachelor’s degree in Engineering from Western Sydney University in Australia, followed by a master’s degree in Civil and Environmental Engineering from George Washington University in Washington.
    In his free time, Alsuwaidi enjoys horseback riding, swimming, and running.
    Kristen Magas
    Kristen Magas is an educator and engineer, currently teaching at Tri-County Regional Vocational Technical High School in Franklin, Massachusetts. She also mentors students involved in a NASA design and prototyping program, helping them develop and fabricate products to improve life in space on both International Space Station and Artemis missions. Magas was a finalist for the 2025 Massachusetts State Teacher of the Year.
    Magas received bachelor’s and master’s degrees in Civil and Environmental Engineering from Cornell University in Ithaca, New York. She also holds a master’s degree in Vocational Education from Westfield State University in Massachusetts. She has worked as a community college professor as well as a design engineer in municipal water and wastewater treatment.
    In her spare time, Magas enjoys coaching robotics and track and field, hiking, biking, and staying connected with her community. She has two children and resides in North Attleboro, Massachusetts with her husband of 25 years.
    Tiffany Snyder 
    Tiffany Snyder is a supervisor for the Cybersecurity Mission Integration Office at NASA, helping to ensure agency missions are shielded against cybersecurity threats. She has more than 20 years of information technology and cybersecurity experience, working with the Air National Guard and as a special agent with the Defense Counterintelligence Security Agency. She joined NASA in 2018 as an IT specialist, and later served as the deputy chief information security officer at NASA’s Kennedy Space Center in Florida, providing cybersecurity oversight.
    Snyder holds a bachelor’s degree in Earth Science from the State University of New York at Buffalo and a master’s degree in Digital Forensics from the University of Central Florida in Orlando.
    In her spare time, she enjoys playing with her dogs — Artemis and Apollo, gardening, running, and visiting the beach with her family.
    Anderson Wilder
    Anderson Wilder is a Florida Institute of Technology graduate student working on his doctorate in Psychology. His research focuses on team resiliency and human-machine interactions. He also works in the campus’s neuroscience lab, investigating how spaceflight contributes to neurobehavioral changes in astronauts.
    Wilder previously served as an executive officer and engineer for an analog mission at the Mars Desert Research Station in Utah. There, he performed studies related to crew social dynamics, plant growth, and geology.
    Wilder received his bachelor’s degrees in Linguistics and in Psychology from Ohio State University in Columbus. He also holds master’s degrees in Space Studies from International Space University in Strasbourg, France, and in Aviation Human Factors from the Florida Institute of Technology. He is completing another master’s degree in Cognitive Experimental Psychology at Cleveland State University in Ohio.
    Outside of school, Wilder works as a parabolic flight coach, teaching people how to fly in reduced gravity environments. He also enjoys chess, reading, video games, skydiving, and scuba diving. On a recent dive, he explored a submerged section of the Great Wall of China.

    Alternate Crew

    Jordan Hundley
    Jordan Hundley is a senior consultant at a professional services firm, offering federal agencies technical and programmatic support. Prior to his current position, he focused on U.S. Department of Defense clients, performing model-based system engineering and serving as a subject matter expert for related operations.
    Hundley was commissioned into the U.S. Air Force through the Reserve Officers’ Training Corps program at the University of Central Florida in Orlando. While on active duty, he served as an intercontinental ballistic missile operations officer. He later joined the U.S. Air Force Reserve. Currently, he is a space operations officer with experience in space battle management and electromagnetic warfare.
    Hundley earned a master’s degree in Engineering Management from Embry-Riddle Aeronautical University in Daytona Beach, Florida. He is currently pursuing a second master’s degree in Systems Engineering at the university.
    Hundley holds a private pilot license and is a certified rescue diver. In his spare time, he enjoys hiking and camping, researching theology, and learning musical instruments.
    Robert Wilson
    Robert Wilson is a senior researcher and project manager at the Johns Hopkins University Applied Physics Laboratory in Laurel, Maryland. He leads work enhancing human-machine collaborations, developing human prediction models, and integrating that technology into virtual reality and robotic systems designed to operate in isolated, constrained, and extreme environments. His human-machine teaming expertise also extends into responsible artificial intelligence development. He recently participated in a United Nations Roundtable discussion about artificial intelligence in security and defense.
    Wilson received his bachelor’s and master’s degrees in Biomedical Engineering from Purdue University in 2013 and 2015, respectively. He earned his doctorate in Mechanical Engineering from the University of Colorado Boulder in 2020.
    Outside of work, Wilson is an avid outdoors enthusiast. He enjoys scuba diving, winter camping, backcountry skiing, and hiking through the woods or mountains throughout the year. At home, he also likes to tinker in computer networking and self-hosted systems.
    ____
    NASA’s Human Research Program pursues the best methods and technologies to support safe, productive human space travel. Through science conducted in laboratories, ground-based analogs, commercial missions, and the International Space Station, the program scrutinizes how spaceflight affects human bodies and behaviors. Such research continues to drive NASA’s mission to innovate ways that keep astronauts healthy and mission-ready as human space exploration expands to the Moon, Mars, and beyond.
    For more information about human research at NASA, visit:
    https://www.nasa.gov/hrp

    MIL OSI USA News –

  • MIL-OSI USA: Five Years Ago: First All Woman Spacewalk

    Source: NASA

    The fifth anniversary of the first all-female spacewalk by NASA astronauts Christina H. Koch and Jessica U. Meir seems like a good time to tell the story of women spacewalkers. Since the first woman stepped outside a spacecraft in 1984, 23 women from four nationalities have participated in 61 spacewalks. These women made significant contributions to their national and international programs, conducting pioneering work during their spacewalks. Their accomplishments include servicing of satellites, assembly and maintenance of space stations, conducting research, and testing new spacesuits. Since the first spacewalk performed by a woman in 1984, women have displayed their contributions in performing extravehicular activities and there has even been four all women spacewalks since then.
    Table listing women with spacewalk experience.
    As of Oct. 18, 2024, 79 women have flown in space, and 23 of them have donned spacesuits of different designs and stepped outside the relative comfort of their spacecraft to work in the harsh environment of open space. The various spacesuits, Russian Orlan, American Extravehicular Mobility Unit, Chinese Feitian-2, and SpaceX’s new design, all provide protection from the harsh environment, essentially turning the astronauts into individual spaceships. They all provide the crew members with the ability to carry out complicated tasks in open space.
    Left: Soviet cosmonaut Svetlana Y. Savitskaya during her historic spacewalk outside the Salyut 7 space station. Middle: NASA astronaut Kathryn D. Sullivan during her historic spacewalk during STS-41G. Right: NASA astronaut Kathryn C. Thornton on her second spacewalk on STS-61.
    Soviet cosmonaut Svetlana Y. Savitskaya made history on July 17, 1984, as the first woman to make a second trip into space, on her second visit to the Salyut 7 space station. Savitskaya made history again on July 25 as the first woman to participate in a spacewalk. During the 3-hour 35-minute excursion, Savitskaya tested a multipurpose tool for electron beam cutting, welding, soldering, and brazing.
    Less than three months later, on Oct. 11, NASA astronaut Kathryn D. Sullivan completed the first spacewalk by an American woman from space shuttle Challenger during the STS-41G mission. Sullivan helped test the in-orbit transfer of hydrazine using the Orbital Refueling System. With Sally K. Ride as one of Sullivan’s crewmates, the flight marked the first time a space crew included two women.
    NASA astronaut Kathryn C. Thornton completed her first spacewalk in 1992 during STS-49, the second American woman to walk in space. During this excursion, Thornton tested assembly techniques for the future space station. Thornton earned the recognition as the first woman to make more than one spacewalk when she completed two spacewalks on STS-61, the first mission to service the Hubble Space Telescope.
    Left: NASA astronaut Linda M. Godwin, the first woman to conduct a spacewalk at Mir during STS-76. Middle left: NASA astronaut Tamara E. Jernigan, the first woman to perform a spacewalk at the International Space Station during STS-96. Middle right: Expedition 2 NASA astronaut Susan J. Helms, the first female long-duration crew member to conduct a spacewalk during the STS-102 docked phase. Right: Godwin during STS-108, the first woman to complete spacewalks at Mir and the space station.
    NASA astronaut Linda M. Godwin has the distinction as the first woman of any nationality to conduct a spacewalk at Mir. As a member of the STS-76 crew, on March 27, 1996, she took part in a 6-hour 2-minute spacewalk to install handrails and four space exposure experiments onto Mir’s Docking Module. Godwin returned to space on STS-108, and on Dec. 10, 2001, took part in a spacewalk lasting 4 hours 12 minutes to install insulation blankets on the space station, earning the title as the first woman to conduct spacewalks at both Mir and the space station.
    NASA astronaut Tamara E. Jernigan conducted the first spacewalk by a woman at the embryonic International Space Station. On May 29, 1999, during STS-96, the second space station assembly flight, Jernigan participated in a 7-hour 55-minute spacewalk to install U.S. and Russian cargo cranes, foot restraints, and tool bags.
    Expedition 2 NASA astronaut Susan J. Helms performed a spacewalk on March 11, 2001, during the STS-102 docked phase to relocate the Pressurized Mating Adaptor-3 (PMA-3) from Node 1’s nadir port to a berth on its port side, to enable the berthing of the Leonardo Multi-Purpose Logistics Module. This marked the first time a woman long-duration crew member performed a spacewalk. Its 8-hour 56-minute duration makes it the longest spacewalk in history.
    A collage of NASA astronaut Peggy A. Whitson’s 10 spacewalks during space station Expeditions 5, 16, and 50/51.
    As an Expedition 5 flight engineer, NASA astronaut Peggy A. Whitson participated in her first spacewalk on Aug. 16, 2002. Clad in an Orlan spacesuit and using the Pirs module airlock, she assisted in the installation of six debris shield panels on the Zvezda Service Module. Whitson completed her next five spacewalks, wearing Extravehicular Mobility Units and using the Quest airlock, as commander of Expedition 16, one of the busiest assembly and reconfiguration periods at the space station. The primary objectives for the first three of these spacewalks, conducted on Nov. 9, Nov. 20, and Nov. 24, involved relocating the Harmony Node 2 module and PMA-2 to the front of Destiny and preparing Harmony for the arrival of the Columbus module. Work during the fourth and fifth excursions on Dec. 18 and Jan. 30, 2008, had Whitson conduct inspections and maintenance on the station’s solar array joints. During her next mission to the space station, a 289-day stay that set a new record as the longest single flight by a woman, she completed a further four spacewalks. During Expedition 50, on Jan. 6, 2017, she upgraded the station’s power system by installing three new lithium-ion batteries, and on March 30 installed electrical connections to the PMA-3 recently relocated to Harmony’s top-facing port.
    During Expedition 51, as station commander once again, Whitson stepped outside on May 12 to replace an avionics package on an external logistics carrier and installed a protective shield on PMA-3. Her 10th and final excursion involved a contingency spacewalk to replace a backup data converter unit that failed three days earlier. With her 10 excursions, Whitson shares a seven-way second place tie for most spacewalks; only one person has conducted more. And with regard to total spacewalk time, she places sixth overall, having spent a total of 60 hours, 21 minutes outside the station.
    Left: During STS-115, NASA astronaut Heidemarie M. Stefanyshyn-Piper conducts the first of her five career spacewalks. Middle: During STS-116, NASA astronaut Sunita L. Williams after the conclusion of the  first of her seven career spacewalks. Right: Expedition 20 NASA astronaut Nicole P. Stott during her STS-128 spacewalk.
    During STS-115, NASA astronaut Heidemarie M. Stefanyshyn-Piper participated in two of the mission’s three spacewalks. The primary tasks of the excursions on Sept. 12 and 15, 2006, involved the addition of the P3/P4 truss segment including a pair of solar arrays to the station. During her second visit to the space station on STS-126, Stefanyshyn-Piper completed three more spacewalks on Nov. 18, 20, and 22, 2008. Tasks accomplished during these excursions included performing maintenance on one of the solar array joints, replacing a nitrogen tank, and relocating two equipment carts.
    During Expedition 14, NASA astronaut Sunita L. Williams completed four spacewalks. During the first excursion during the STS-116 docked phase on Dec. 16, 2006, the primary task involved the reconfiguration of the station’s power system. The primary tasks for Williams’ three Expedition 14 spacewalks on Jan. 31, Feb. 4, and Feb. 8, 2007, involved completing the reconfiguration of the station’s cooling system. As a flight engineer during Expedition 32, Williams conducted spacewalks on Aug. 30, 2012, to replace a faulty power routing unit and prepare the station for the arrival of the Nauka module, and on Sept. 5, 2012, to install a spare power unit. During Expedition 33, Williams assumed command of the station, only the second woman to do so, and during a spacewalk on Nov. 1, 2012, repaired an ammonia leak. Across her seven spacewalks, Williams spent 50 hours 40 minutes outside the station.
    Expedition 20 NASA astronaut Nicole P. Stott completed her one and only spacewalk on Sept. 1, 2009, during the STS-128 docked phase. The objectives of the 6-hour 35-minute excursion involved preparing for the replacement of an empty ammonia tank and retrieving American and European experiments from the Columbus module.
    Left: NASA astronaut Tracy C. Dyson during Expedition 24, at the conclusion of the first of her four career spacewalks. Middle: During Expedition 48, NASA astronaut Kathleen H. Rubins takes the first of her four career spacewalks. Right: Expedition 59 NASA astronaut Anne C. McClain on the first of her two spacewalks.
    On July 24, 2010, during Expedition 24, one of the station’s ammonia pump modules failed. The loss of coolant forced controllers to shut down several critical station systems although neither the vehicle nor the crew were ever in danger. The failure resulted in two of the Expedition crew members including NASA astronaut Tracy C. Dyson performing three contingency spacewalks on Aug. 7, 11, and 16, 2010, to replace the pump module. The repairs took nearly 23 hours of spacewalking time. During her next mission, Expedition 71, Dyson began a spacewalk on June 24, 2024, but a leak in her suit forced the cancellation of the excursion after 31 minutes.
    NASA astronaut Kathleen H. Rubins completed two spacewalks during Expedition 48. During the first, on Aug. 19, 2016, she helped to install the first of two international docking adapters (IDA) to PMA-2 located at the forward end of Harmony. The IDA allows commercial spacecraft to dock autonomously to the space station. During the second excursion on Sept. 1, she retracted a thermal radiator, tightened struts on a solar array joint, and installed high-definition cameras on the outside of the station. Rubins conducted two more spacewalks during her second mission, Expedition 64. On Feb. 28, 2021, she began to assemble and install modification kits for upcoming solar array upgrades, completing the tasks during the next spacewalk on March 5.
    During her first spacewalk on March 22, 2019, Expedition 59 NASA astronaut Anne C. McClain replaced older nickel hydrogen batteries with newer and more efficient lithium-ion batteries. McClain ventured out for her second spacewalk on April 8 to install a redundant power circuit for the station’s Canadarm robotic arm and cables for more expansive wireless coverage outside the station.
    Left: Expedition 59 NASA astronaut Christina H. Koch during the first of her six career spacewalks. Right: NASA astronauts Jessica U. Meir, left, and Koch, assisted by their Expedition 61 crewmates, prepare for the first all-woman spacewalk.
    During Expedition 59, Koch conducted her first spacewalk on March 29. She helped to install three newer lithium-ion batteries to replace six older nickel hydrogen batteries. The Expedition 61 crew conducted a record nine spacewalks between October 2019 and January 2020, and women participated in five of them. Koch’s second and third spacewalks on Oct 6 and 11 continued the work of replacing the station’s batteries.
    Koch and fellow NASA astronaut Jessica U. Meir made history on Oct. 18 when they floated outside the space station to carry out the first all-woman spacewalk, one of several excursions to replace the station’s batteries. The capsule communicator (capcom), the person in the Mission Control Center at NASA’s Johnson Space Center in Houston who communicates with the astronauts in space, for this historic spacewalk was three-time space shuttle veteran Stephanie D. Wilson.
    “As much as it’s worth celebrating the first spacewalk with an all-female team, I think many of us are looking forward to it just being normal,” astronaut Dyson said during live coverage of the spacewalk.
    Koch and Meir conducted two more all-woman spacewalks on Jan. 15 and 20, 2020, continuing the battery replacement tasks. During her six spacewalks, Koch spent 44 hours 15 minutes outside. In addition to her spacewalk accomplishments, Koch set a new record of 328 days for a single spaceflight by a woman.
    Left: Wang Yaping during the first spacewalk by a Chinese woman astronaut from the Tiangong space station. Image credit: courtesy of CNSA. Middle: NASA astronaut Kayla S. Barron during the first of two spacewalks during Expedition 66. Right: During Expedition 67, Italian astronaut Samantha Cristoforetti conducts the first spacewalk by a woman from the European Space Agency.
    During her second trip into space, People’s Republic of China astronaut Wang Yaping launched aboard the Shenzhou 13 spacecraft as part of the second resident crew to live aboard China’s Tiangong space station. On Nov. 7, 2021, she stepped outside the space station, the first Chinese woman to do so, wearing a Feitian-2 spacesuit. She spent 6 hours 25 minutes installing a grapple fixture for the facility’s robotic arm.
    During Expedition 66, NASA astronaut Kayla S. Barron completed two spacewalks. During the first one, on Dec. 2, 2021, Barron replaced a faulty communications antenna. On March 15, 2022, during the second spacewalk, she assembled and installed modification kits required for future solar array upgrades.
    Italian astronaut Samantha Cristoforetti conducted the first spacewalk by a female European Space Agency astronaut. For the excursion on July 21, 2022, she wore an Orlan spacesuit and used the Poisk module airlock. Objectives of the spacewalk included deploying 10 nanosatellites, working to install the European robotic arm on the Nauka module, and reconfiguring cargo booms.
    Left: Chinese astronaut Liu Yang, left, during her spacewalk from the Tiangong space station. Image credit: courtesy of CNSA. Right. NASA astronaut Nicole A. Mann at the conclusion of her first spacewalk during Expedition 68.
    As a member of the third expedition aboard the Tiangong space station, Chinese astronaut Liu Yang participated in a spacewalk on Sept. 1, 2022. This marked the first use of the airlock in the Wentian module. Activities during the excursion included installing work stations and an additional cooling pump for the Wentian module.
    Expedition 68 NASA astronaut Nicole A. Mann participated in two spacewalks, on Jan. 20, and Feb. 2, 2023. Objectives of the excursions included assembling and installing brackets for upcoming solar array upgrades.
    Left: Laurel A. O’Hara, left, and Jasmin Moghbeli, right, prepare for their spacewalk during Expedition 70. Right: SpaceX astronaut Sarah L. Gillis performs the first commercial spacewalk by a woman during the Polaris Dawn mission.
    During Expedition 70, NASA astronauts Jasmin Moghbeli and Loral A. O’Hara performed the fourth all-woman spacewalk. The primary activity during the excursion involved replacement of bearings in a solar array joint.
    SpaceX employee Sarah L. Gillis performed the first female commercial spacewalk during the Polaris Dawn mission on Sept. 12, 2024. During the 1 hour 46 minute excursion, Gillis tested the flexibility of the SpaceX designed spacesuit.

    MIL OSI USA News –

  • MIL-OSI China: Defense Ministry Spokesperson’s Remarks on Recent Media Queries Concerning the Military 2024-10-18 On the afternoon of October 15th, spokesperson for the Ministry of National Defense Senior Colonel Wu Qian answered recent media queries concerning the military.

    Source: People’s Republic of China – Ministry of National Defense 2

    On the afternoon of October 15th, spokesperson for the Ministry of National Defense Senior Colonel Wu Qian answered recent media queries concerning the military.

    Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

    (The following English text is for reference. In case of any divergence of interpretation, the Chinese text shall prevail.)

    I have four pieces of information at the top.

    The first one.

    At the invitation of China’s Ministry of National Defense, defense attachés from more than 60 countries including Pakistan, Singapore, South Africa, Jordan, the United Kingdom, Kazakhstan, Canada and Argentina went to the PLA Eastern Theater Command area on October 14th for a five-day visit. This visit will help them better understand the Chinese path to modernization, especially the great achievements made by the people’s military in the new era, and will advance the friendly cooperation between the PLA and their militaries.

    The second one.

    According to the annual plan and the consensus reached between China and Thailand, the Commando 2024 joint army training will be held in Yunnan Province from mid- to- late October. The training focuses on joint counter-terrorism operations, including manned/unmanned coordination, special blasting, helicopter fast-roping, and joint search and clearing. It aims to improve interoperability between the Chinese and Thai armies and bolster regional stability.

    The third one.

    The PLA Army Engineering University will host the 11th International Army Cadets Week (IACW) in Nanjing from October 28th to November 3rd. Officer cadets from military academies of countries including Argentina, Egypt, Italy, Pakistan, and Singapore will participate in the event. Under the theme of “Enhancing the Capability of Junior Officers for Future Warfare”, this year’s IACW will have themed discussions, leadership challenges, live-fire shooting training, cultural exchange and other activities. The IACW is a platform for officer cadets to communicate and learn from each other.

    The fourth one.

    The PLA Army Command College will host the Zhongshan International Forum in Nanjing from October 21st to 25th. Army representatives from over ten countries including Laos, Cambodia, Iran, Tanzania and Kazakhstan will participate in the event. Under the theme of “Future-oriented and New Type Modern Army”, the forum will have themed discussions on such topics as “objectives and trends in army development”, “theoretical innovation for army combat and training”, “army deployment in MOOTW”, and “cultivation of army commanders and staff officers”. The forum will facilitate exchanges and mutual learning among the participants, and promote theoretical innovation for army development.

    Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

    Question: It is reported that the recruitment of naval pilot cadets for 2025 has started. Please tell us more about it.

    Wu Qian: The PLA Navy recently launched the naval pilot cadet recruitment for 2025. As usual, eligible high school graduates and fresh graduates from universities either with a bachelor’s or master’s degree could apply. In reference to the recruitment standards in major naval powers, the PLA Navy has loosened the criteria on eye sight, widening the scope of applicants to include those who have received vision correction surgery. To meet takeoff/landing requirements for carrier-borne aircraft in complex sea conditions, the Navy has added such testing items as stereoscopic vision, visual contrast sensitivity, magnetic resonance imaging and chest CT scanning, as well as a 15-hour airborne ability screening, to make the recruitment more science-based and precise.

    Pursue your dream to fly in the Navy, and serve the country with dedication and loyalty. The recruitment of naval pilot cadets for 2025 started on October 15th. We welcome young people to join this cause for the brave and become dancers on the blade. For more details, please log on to http://www.hjzf.mil.cn.

    Question: Naval forces from the United States, Japan, India and Australia conducted Exercise Malabar in the Indian Ocean on October 8th. Some reports say this exercise is directed at China and can enhance the Quad mechanism among the four countries in security areas. What’s your comment?

    Wu Qian: China believes that security cooperation among relevant countries should not harm the interests of any third party or undermine regional peace and stability. The so-called Quad mechanism has become a sheer political tool for the United States to contain China and maintain its hegemony. We firmly oppose relevant parties to use China as an excuse to stir up confrontation and escalate regional tensions. A small circle bloc will not make any big difference. The Asia-Pacific should be a grand stage where countries join hands to cooperate, rather than an arena for geopolitical competition. We require relevant countries to give up their obsession with zero-sum mindset and put more efforts on protecting regional security, instead of doing the opposite.

    Question: It is reported that the Japanese Defense Ministry recently released reports and photos about the movements of the PLA Navy’s Liaoning aircraft carrier task group, which sailed around the Philippines, and was then joined by the aircraft carrier Shandong in Hainan. Please comment on that.

    Wu Qian: We have noticed the media hype by the Japanese side. The Japanese photographer is trying to catch headlines, and is showing off his or her techniques again. Recently, the PLA Navy sent the Liaoning aircraft carrier task group to conduct training in waters of the South China Sea. This is a routine arrangement within the annual plan that is aimed to enhance the task group’s combat capability. The PLA will routinely organize similar training activities in the future.

    Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

    Question: According to media reports, the US Government Accountability Office recently accused Raytheon of fraud in selling expensive weapons to Taiwan, which procured the Patriot missile system in 2013 and radar systems in 2017 from that company. A public opinion representative from the Kuomintang criticized US arms dealers as fraud dens. Do you have any comment?

    Wu Qian: We firmly oppose US provision of weapons to China’s Taiwan region. I believe what the reports revealed is only a tip of the iceberg. The Democratic Progressive Party Authorities have been doing everything to court their masters in the US to buy weapons, which only wasted the hard-earned money of people in Taiwan. It is evident that what they bought are pieces of junk that only benefited corrupted officials and arms dealers. There are growing opposition and dissatisfaction from the local people.

    Sky-high price and obsolete functions are two hallmarks of US arms sales to Taiwan. From mouldy bulletproof vest to expired ammunition to expensive missiles and radars, we can see that the Americans only care about American interests. “Taiwan Independence” is a dead end and outsiders are never reliable. Those who try to rely on US support for independence will only court their own destruction.

    Question: Japan’s new Prime Minister Shigeru Ishiba once suggested establishing an “Asian version of NATO” and working with Western countries in containing China. Officials from the Japanese Defense Ministry said China and Russia’s infringement upon Japan’s airspace is a regional and international concern. Please comment on that.

    Wu Qian: In disregard of fact on the ground, the Japanese side often hypes-up the non-existent “China threat” to divert the international community’s attention from its military expansion. China is strongly opposed to this approach. It is known to all that Japan has broken away from its pacifist constitution and “exclusively defense-oriented” policy in recent years, and largely enhanced its military preparedness, such behavior has put its Asian neighbors and the international community on high alert.

    We urge the Japanese side to stop forming exclusive military alliances and “cliques”, be very cautious with its words and deeds regarding military security, and do more for regional peace and stability.

    Question: The Israel Defense Force recently attacked the United Nations Interim Force In Lebanon (UNIFIL). What’s your comment? Are Chinese peacekeepers safe?

    Wu Qian: China is seriously concerned about and strongly condemns the Israeli military’s attack on the UNIFIL. China firmly opposes any attack on UN peacekeepers. We require a thorough investigation on the incident and hold those responsible accountable. We urge relevant parties to take real actions to prevent such an incident from happening again. The parties involved in the conflict must ensure the safety of the personnel and assets of the UNIFIL.

    The Chinese peacekeeping units in Lebanon are safe now. China is closely monitoring the security situation in Lebanon, and will take additional measures to strengthen security protection of our troops.

    MIL OSI China News –

  • MIL-OSI Economics: Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Source: GlobalData

    Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Posted in Business Fundamentals

    A total of 36,992 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during January to September (Q1-Q3) 2024, which represents a 12.5% year-on-year (YoY) decline over 42,288 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database disclosed that the volume of M&A deals declined by 6.7% during Q1-Q3 2024 compared to Q1-Q3 2023 while the number of private equity deals and venture financing deals experienced YoY fall of 8.9% and 22.2%, respectively.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The majority of the decline in global deal activity came from Q1 and Q2 while the impact was relatively much lesser in Q3. Although the deal activity continued to remain subdued in 2024, the impact seems to be diminishing in recent months or quarters. For instance, the decline in Q3 2024 compared to Q3 2023 remained at just 1%, whereas when compared between Q1 2024 and Q1 2023, the decline stood much higher at around 20% in Q1 2024.

    “The relatively lesser decline could be attributed to improving deal-making sentiments in some regions. In fact, the trend across regions also remained a mixed bag during Q1-Q3 2024, with regions like Asia-Pacific showcasing just a single-digit decline while North America experienced a double-digit decline.”

    North America experienced a 16% YoY decrease in the number of deals announced during Q1-Q3 2024 compared to Q1-Q3 2023, whereas Europe, Asia-Pacific, Middle East and Africa, and South and Central America regions saw respective deal volume fall by 13.6%, 6.8%, 7.6%, and 22.3% YoY.

    Bose adds: “Deal activity across several countries also remained a mixed bag, with some experiencing significant decline and some witnessing relatively lesser decline while few markets experienced improvement.”

    For instance, the US, the UK, China, Canada, Germany, France, Italy, the Netherlands, Spain, and Sweden witnessed YoY decline in deal volume by 15.4%, 7.2%, 22.8%, 21%, 17.9%, 30.8%, 9.4%, 16.7%, 20.2%, and 16%, respectively, during Q1-Q3 2024. Meanwhile, India, Japan, and Australia witnessed deal volume improve by 9.6%, 16.2%, and 2.2% during Q1-Q3 2024 compared to Q1-Q3 2023, respectively.

    MIL OSI Economics –

  • MIL-OSI Banking: Global travel and tourism deal activity down by 11% YoY during Q1-Q3 2024, finds GlobalData

    Source: GlobalData

    Global travel and tourism deal activity down by 11% YoY during Q1-Q3 2024, finds GlobalData

    Posted in Business Fundamentals

    A total of 519 deals (comprising mergers and acquisitions (M&A), private equity, and venture financing deals) were announced in the travel and tourism sector globally during January to September (Q1-Q3) 2024, which was a year-on-year (YoY) decline of 11% over 583 deals announced during the same period in the previous year, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database also revealed that the volume of M&A deals decreased by 6.8% during Q1-Q3 2024 compared to the same period in 2023, while the number of venture financing deals was down by 25.2% YoY. Meanwhile, private equity deals volume remained unchanged.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The decline in global travel and tourism deal activity was mostly driven by a significant fall  in deals volume in some regions and countries, while deal activity remained relatively better for some other regions and countries. In fact, some regions and countries even showcased double-digit growth in deal volume, which seems to be an indication of improving deal-making sentiments.”

    North America, Asia-Pacific, and South and Central American regions experienced decline in deal volume by 36%, 7.7%, and 20% during Q1-Q3 2024 compared to Q1-Q3 2023. In contrast, Europe registered 10.3% YoY improvement in deal activity. Meanwhile, deal volume for the Middle East and African region mostly remained at the same level.

    Similarly, the trend across different countries also remained a mixed bag. The US, China, and France witnessed YoY decline in deal volume by 36.3%, 38.5%, and 42.9%, respectively, during Q1-Q3 2024, whereas India and Japan experienced respective deal volume improve by 24.3% and 38.1% YoY. Meanwhile, deal volume for the UK, South Korea, and Australia mostly remained at the same level.

    Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain

    MIL OSI Global Banks –

  • MIL-OSI Banking: Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Source: GlobalData

    Global deal activity down by 12.5% YoY during Q1-Q3 2024, finds GlobalData

    Posted in Business Fundamentals

    A total of 36,992 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during January to September (Q1-Q3) 2024, which represents a 12.5% year-on-year (YoY) decline over 42,288 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database disclosed that the volume of M&A deals declined by 6.7% during Q1-Q3 2024 compared to Q1-Q3 2023 while the number of private equity deals and venture financing deals experienced YoY fall of 8.9% and 22.2%, respectively.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The majority of the decline in global deal activity came from Q1 and Q2 while the impact was relatively much lesser in Q3. Although the deal activity continued to remain subdued in 2024, the impact seems to be diminishing in recent months or quarters. For instance, the decline in Q3 2024 compared to Q3 2023 remained at just 1%, whereas when compared between Q1 2024 and Q1 2023, the decline stood much higher at around 20% in Q1 2024.

    “The relatively lesser decline could be attributed to improving deal-making sentiments in some regions. In fact, the trend across regions also remained a mixed bag during Q1-Q3 2024, with regions like Asia-Pacific showcasing just a single-digit decline while North America experienced a double-digit decline.”

    North America experienced a 16% YoY decrease in the number of deals announced during Q1-Q3 2024 compared to Q1-Q3 2023, whereas Europe, Asia-Pacific, Middle East and Africa, and South and Central America regions saw respective deal volume fall by 13.6%, 6.8%, 7.6%, and 22.3% YoY.

    Bose adds: “Deal activity across several countries also remained a mixed bag, with some experiencing significant decline and some witnessing relatively lesser decline while few markets experienced improvement.”

    For instance, the US, the UK, China, Canada, Germany, France, Italy, the Netherlands, Spain, and Sweden witnessed YoY decline in deal volume by 15.4%, 7.2%, 22.8%, 21%, 17.9%, 30.8%, 9.4%, 16.7%, 20.2%, and 16%, respectively, during Q1-Q3 2024. Meanwhile, India, Japan, and Australia witnessed deal volume improve by 9.6%, 16.2%, and 2.2% during Q1-Q3 2024 compared to Q1-Q3 2023, respectively.

    MIL OSI Global Banks –

  • MIL-OSI Economics: Huawei Globally Unveils Intelligent Campus 2030 White Paper

    Source: Huawei

    Headline: Huawei Globally Unveils Intelligent Campus 2030 White Paper

    [Dubai, UAE, October 16, 2024] During GITEX Global 2024, Huawei released the Intelligent Campus 2030 white paper for markets outside China at the forum Redefining Intelligent Campus with ICTs, Maximizing Enterprises’ Intelligent Productivity with Xinghe Intelligent Campus. This white paper envisions the future of the intelligent campus.
    David Shi, Vice President of Huawei’s ICT Marketing & Solution Sales Dept, delivered an opening speech at the forum. He highlighted that as digital technology advances, the intelligent connectivity of everything will become a reality, which will allow campuses to be fully digital and intelligent. He added that future campuses will become fully perceptible, collaborative, and constantly online smart buildings that are capable of self-learning, self-troubleshooting, and making decisions and executing them independently. “Huawei is committed to bringing digital to every campus for pervasive intelligence and has been deeply involved with intelligent campuses for many years. We have proposed to redefine campuses with ICTs and have leveraged the advantages of our product portfolios to reshape campus connectivity, platform, and business. Up to now, we have helped over 1000 customers worldwide build secure, green, digital, and intelligent campuses,” said David Shi.
    David Shi, Vice President of ICT Marketing & Solution Sales Dept, Huawei

    Eric He, CEO of Huawei Campus Team, said in his speech that revolutions in energy and information take us closer to the intelligent world, where campuses will play a crucial role. As Eric He explains, we have entered the stage of intelligent campus 2.0, which is 10 Gbps, digital, intelligent, and green. During this stage, campus networks will evolve from simply transmitting data to providing quality connections, campus platforms will move beyond integrating IoT to providing data intelligence, and extensive business management will be upgraded to low-carbon operations. “Relying on ICTs to redefine campuses, Huawei looks forward to working with customers and industry peers to innovate as well as envision and build intelligent campus 2030,” he said.
    Eric He, CEO of Huawei Campus Team

    Hawn Zhao, President of the Campus Network Domain, Data Communication Product Line, Huawei, introduced Huawei’s Xinghe Intelligent Campus Solution at the forum. As enterprises are witnessing a surge in the number of devices and video conferences, their digital and intelligent office requires improved network performance, security, experiences, and O&M. Huawei’s all-scenario Wi-Fi 7 products can strengthen signals by 100% and improve concurrency by 50%. In addition, Huawei’s application experience assurance solution ensures smooth video conferences and protects VIP services from being compromised, while the Wi-Fi Shield prevents data eavesdropping to ensure 100% network security.
    Helping Customers Advance Digital and Intelligent Transformation
    Ibrahim Al Kindi, IT Director of the Arab Authority for Agricultural Investment and Development (AAAID), shared AAAID’s experience in intelligent campus construction. AAAID and Huawei have collaborated to enhance its office experiences in five areas: seamless access, intelligent office conferences, full wireless network coverage, AI-based building control, and centralized IoT device access. Ibrahim Al Kindi stated that this is just the beginning of a new era of intelligent office, and AAAID will continue to explore the digital and intelligent transformation of the office field.
    Fahad Daghriri, Chief Information Officer of Technical and Vocational Training Corporation (TVTC) in Saudi Arabia, shared how TVTC built an intelligent campus network with the help of Huawei. This network allows for wide coverage, high performance, and efficient O&M, improving mobile office for teachers and studying for students. “Our collaboration aims to achieve a win-win situation, promote digital transformation, build a one-stop campus network, create a smart education platform, and lay a solid foundation for long-term development,” said Fahad Daghriri.
    Releasing the Intelligent Campus 2030 White Paper
    Huawei globally unveils the Intelligent Campus 2030 white paper

    The campus is a basic unit in the making of a city. It is the main place where people live and work. It acts as an important carrier to boost the digital economy, and a key point to realize green and low-carbon transformation. In recent years, the industry has conducted in-depth exploration and cultivated practices surrounding the intelligent campus. Huawei, along with industry experts and scholars, provides insights into its future in the Intelligent Campus 2030 white paper.
    Based on the insights into and practices of global intelligent campuses, this white paper proposes a far-sighted definition of future intelligent campus along with visions for its advancement. It outlines five trends that affect intelligent campus development, systematically depicts 10 typical future scenarios, and defines six key technical features of future intelligent campuses for the first time. Innovatively, the white paper proposes a unique reference architecture for the intelligent campus and 22 quantitative indicators to predict the prospects of intelligent campuses, guiding their implementation and construction.
    Click the link to read more about the white paper: https://www.huawei.com/en/giv/intelligent-campus-2030

    MIL OSI Economics –

  • MIL-OSI: Phunware Issues Letter to Stockholders and Announces Business Update

    Source: GlobeNewswire (MIL-OSI)

    Phunware Announces Next Generation AI-Driven SaaS Platform

    Targets expansion into the Global Mobile App Market expected to exceed $420 Billion by 2028

    AUSTIN, Texas, Oct. 16, 2024 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or the “Company“), a leader in cloud enterprise solutions for mobile applications and related technologies, today issued a letter to stockholders from Mike Snavely, the Chief Executive Officer of Phunware, providing an update on Phunware’s existing and new business units and performance and achievements during 2024. The letter provides insight into Phunware’s transition to a new generative AI-based software development platform and several other new business initiatives, and its avenues for continued growth and success in 2025.

    Dear Fellow Stockholders:

    A letter to Stockholders is often written after the end of the year to reflect on successes and challenges and to share insights for the road ahead. However, the past few years have been anything but a normal path for Phunware and as I reflect on my first year as CEO, I felt the time was right to update you on 2024 and to share our vision for 2025 and beyond.

    Our primary focus is to create value for our stockholders. One key measure of that is our market capitalization which has varied from $12M late last year to a high of about $120M in the first quarter, settling at about $55M as of the writing of this letter. It’s certain that some of our stockholders’ positions have benefited from this price volatility and some have not. We acknowledge this by saying that we have always acted, and will continue to act, in what we see as the best long-term interests of our stockholders.

    Often, volatility drives opportunity, and over the months we have used the trading volume and price volatility to raise capital to stabilize the balance sheet and to provide the capital required to think bigger.

    This letter explains what we intend to do with that capital. We couldn’t be more optimistic about our future, and I want to briefly share what we have been doing to strengthen our core business, enhance our operations and right-size our cost structure in service of our strategic vision. More importantly, I am excited to highlight new initiatives we are launching. I believe these steps will help the market at large see why we believe we are a great investment and that our best days are ahead of us.

    I’ll remind you of our recent performance: so far this year, we have lowered our cash burn by more than half and have increased sales by two orders of magnitude in the first half of 2024 as compared to the same period in 2023.

      Six Months Ended  
        2024     2023   Change
    Bookings (contracts executed) $ 1,746   $ 168   939 %
    Revenue   1,932     2,640   -27 %
    Gross profit   994     610   63 %
    Net loss from:      
    Continuing operations   (4,923 )   (8,126 ) 39 %
    Discontinued operations     (2,667 ) 100 %
    Loss per share from:      
    Continuing operations   (0.65 )   (3.90 ) 83 %
    Discontinued operations     (1.28 ) 100 %
                 

    We believe our sales engine is just getting underway

    As we move toward the end of the year and into 2025, we continue to do the blocking and tackling to continue to sell and grow revenue. We have been able to recruit seasoned sales and marketing talent to help us get our message out to more customers and to win more deals. We are also announcing various initiatives to unlock additional markets and to position ourselves as the most advanced and highest potential company in mobile globally.

    Our Software Business continues to evolve to pick up new efficiencies and to unlock new markets

    Phunware is a market leader in providing enterprise cloud solutions for mobile applications. Our location-based services and patented wayfinding technology sets us apart from our competitors, providing real-time indoor navigation with unmatched precision and customization. Our technology for seamless transition from indoor wayfinding to outdoor location sharing and geofencing is best in class. Phunware is widely known for creating first rate custom mobile applications for large enterprise customers with complex needs to engage with their end users and to facilitate profitable engagements and experiences.

    Our software development platform for mobile applications is currently designed to create fully customizable apps and provide related services for larger enterprises. In the first half of 2024, we have seen dramatic growth (939% over the comparable period in 2023) in bookings. Our customers like what we do for them and notably we are getting terrific word of mouth references, accelerating our growth in major customers. Finally, we have added new features and functionalities to our existing products, including artificial intelligence features like an AI Personal Concierge for property guests and Intelligent Reporting for property owners.

    Leveraging the Power of Generative AI, our Platform Will Enable Rapid Development and Monetization of Custom Mobile App Solutions

    Today, we are announcing the development of a new generative AI-based platform designed to democratize access to world-class design, user experience and content creation so that businesses of any size can design, create, build, and deploy high-quality custom mobile applications in days or even hours. By leveraging generative AI, we believe that the new platform will simplify mobile app design and content creation and drastically reduce the need for expensive and time-consuming design and development investments.   

    This platform marks the next chapter in Phunware’s evolution, building on a decade and a half of providing custom mobile app solutions to several thousand U.S. and global customers, including some of the most recognized Fortune 100 & 500 brands.  

    The platform is designed to harness and integrate the power of generative AI to enable all businesses to quickly develop and monetize custom mobile app solutions, making them accessible to small and medium-sized businesses. We also expect to add new AI-related features and functionalities to all of Phunware’s mobile app offerings, reinforcing our position as a leader and innovator in the continually-growing mobile app market.  

    Phunware’s Competitive Advantages in a Multi-Billion Dollar Global Mobile App Market1
    Our planned incorporation of AI into our SaaS platform is driven by our view that consumer engagement with mobile-first solutions and artificial intelligence technology will continue to play a critical role across industries. Key competitive advantages of this platform will include:

    • AI-Driven Customization: Generative AI frameworks provide customizable templates for rapid mobile app creation, reducing development costs and accelerating time-to-market, and include important features and functionalities such as AI-powered personal concierge and contextual engagement.
    • End-to-End Modular Design: Our independent software modules, such as location-based services, digital advertising tools such as programmatic advertising and real-time data analytics support flexible audience building and engagement strategies. 
    • Advanced Location-Based Services (LBS): Our market leading indoor navigation and outdoor geofencing systems continue to offer even more precise geopositioning and collection of user data using a combination of GPS, Wi-Fi, BLE, and sensor data for customized on-venue user engagement in sectors such as hospitality, healthcare, retail, residential, sports and convention centers, gaming facilities and other verticals involving large real properties or portfolios of properties. 
    • Data Analytics: Our enhanced review and analysis of data of mobile app usage and user behaviors support assessment of intent and other metrics to drive user engagement, conversion and retention. 
    • Multi-Industry Capability: Our platform is designed to provide low- or no-code custom mobile apps across a range of sectors, from hospitality and healthcare to other verticals such as advocacy, retail and ecommerce in the U.S. and other leading economies including China, Brazil and India. 

    The adoption of our generative AI-powered SaaS platform is expected to benefit our existing customers and all industry verticals and create meaningful opportunities for accessing new markets. Our platform is designed to automate the development intake process, reduce development costs and time-to-market, and enable innovation and user engagement through AI. We are leading the way to make AI-powered mobile applications accessible to enterprise and small and medium business customers alike. 

    We expect our new AI-powered SaaS platform will launch mid-2025. We also expect to further integrate AI and machine learning capabilities into our new platform in 2025. We intend to integrate AI-driven predictive analytics into the platform by Q3 2025, providing businesses with advanced tools for analyzing customer data to predict future behaviors. We also expect the new platform to offer seamless integrations of its mobile apps with additional cloud service providers, ensuring modern scalability, flexibility, efficiency and security for businesses of all sizes.  

    Digital Advertising Business

    We also have a growing business in providing digital advertising campaigns for a range of customers.  We work with agencies and directly with our own customers, from public companies to non-profit organizations to governmental entities. We place general awareness, performance-based and retargeting advertising campaigns for our customers, enabling them to successfully reach their audiences and achieve their marketing objectives. We have provided digital advertising and related placements to hundreds of customer campaigns in 2024 to date and continue to see strong demand for these services.

    We plan to expand our digital advertising platform in several additional ways. We intend to relaunch our programmatic advertising capabilities into our core mobile platform. This will enable us to help our customers conduct more efficient, scalable digital advertising campaigns through our platform and through partnerships or alliances with one or more third-party programmatic advertising platforms. The integrated solution will be designed to utilize generative AI to help our customers personalize their digital advertising campaigns to individual users based on behavior, preferences and demographics to enhance user engagement and increase conversions. Finally, we intend to serve a global audience with these capabilities, tied to our mobile application portfolio growth.

    Voter / Advocacy Engagement Business

    We are also planning to invest in the application of our AI-powered platform to advocacy and voter engagement. You will recall that we developed and implemented the Donald J. Trump 2020 Presidential Campaign app, a highly regarded and well received voter / advocacy engagement app.

    We think this was just the tip of the iceberg. Every election cycle, candidates set new records in spending and we believe that our AI-powered platform can help make that spend more impactful. Further, we believe that it is more important than ever for Phunware to help political candidates and voters connect, engage and participate in the voting process, and for individuals and organizations to become knowledgeable about, educate others about, and advocate for events, causes and issues that are important to them. Our platform can help them do just that.

    We plan to continue to use our AI-powered platform to develop custom mobile apps for election campaigns, political action committees, and other organizations to identify, engage and turn out voters. Our mobile advertising solutions will be a part of driving voter engagement as well.   We may invest in and partner with other technology providers and organizations that use mobile technologies to drive voter and advocacy engagement. We will likely pursue these opportunities both in the U.S. and with strategic partners and alliances globally.

    Financial Strength

    Our spend has been adjusted to fit the size of our business today and to focus investment on the future. We believe that sober execution against our business plan is the right way to deliver long-term stockholder value and we are focused on the careful stewardship of the company to bring our vision to life.

    1. We have zero debt and believe we have adequate access to the necessary resources to support our investments and sustain our business as we invest in the evolution and growth of our company
    2. We have seen dramatic improvement to our year-to-date software and advertising business bookings which we believe demonstrates a growing demand for our software and advertising offerings
    3. We are judiciously investing in sales, engineering, AI, marketing and business development to fulfill our vision for the company’s future

    We have not said much in the markets recently. In retrospect, we’ve probably said too little. Moving ahead, we intend to continue to provide our stockholders with additional updates on our businesses and products from time to time. Our focus will remain on platform launch, product roadmaps and timelines; innovation; operational efficiency; building thought leadership; and inorganic growth, including tactical and strategic acquisitions, investments, partnerships and alliances. And we will endeavor to keep stockholders advised of significant occurrences every step of the way.

    I’ll end where I started…I believe Phunware’s best days are ahead. We look forward to continuing to create and enhance value for our stockholders, customers, employees and the consumers who use our products.

    Thank you for your ongoing support.

    Mike Snavely

    Chief Executive Officer

    About Phunware  

    Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions. We provide businesses with the tools to create, implement and manage custom mobile applications and analytics, digital advertising and location-based services. Phunware is transforming mobile engagement by delivering scalable and personalized mobile app experiences.  

    Phunware’s mission is to achieve unparalleled connectivity and monetization through widespread adoption of Phunware mobile technologies, by leveraging brands, consumers, partners and digital asset holders and market participants. Phunware is poised to expand its software products and services audience and industry verticals through its new platform, utilize and monetize its patents and other intellectual property rights and interests, and update and reintroduce its digital asset ecosystem for existing holders and new market participants.  

    For more information, please visit https://www.ai.phunware.com or contact:   

    MZ Group, North America 
    Joe McGurk, Managing Director
    917-259-6895 
    PHUN@mzgroup.us 

    Phunware Investor Relations:  

    CORE IR 
    516-222-2560 
    investorrelations@phunware.com 

    Safe Harbor / Forward-Looking Statements  

    This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. For example, Phunware is using forward-looking statements when it discusses the proposed offering and the timing and terms of such offering and its intended use of proceeds from such offering should it occur.  

    The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC, including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.  

    By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. 

    ___________________________

    1 Grand View Research, Inc. Mobile Application Market Size, Share & Trends Analysis, July 2024: market size is projected to reach approximately $322 billion in 2026, $367 billion in 2027, and $421 billion in 2028.   

    The MIL Network –

  • MIL-OSI: Enphase Energy Launches IQ8X Microinverters in the Netherlands and Austria, and IQ8 Series in Malta and New Caledonia

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it has started shipping IQ8™ Microinverters to support newer, high-powered solar panels in select countries and territories, including the Netherlands, Austria, Malta, and New Caledonia. Enphase is entering the solar markets for Malta and New Caledonia for the first time with this launch.

    In Malta, Enphase introduced three microinverters – IQ8MC™, IQ8AC™, and IQ8HC™ – featuring a peak output power of 330 W, 366 W, and 384 W, respectively. In New Caledonia, Enphase introduced the IQ8AC and IQ8HC Microinverters. The new microinverters seamlessly pair with a full range of solar modules up to 560 W DC. IQ8 Microinverters activated in Malta and New Caledonia come with a 25-year warranty from Enphase.

    “New Caledonia’s climate and unique geography makes system reliability and production crucial,” said Damien Keyser, director at Green Energy NC, an installer of Enphase products in New Caledonia. “IQ8 Microinverters have exceeded our expectations in this regard. Their robust performance, coupled with Enphase’s industry-leading warranty, gives our clients confidence their investment is protected for the long haul.”

    “Enphase IQ8 Microinverters maximize quality, reliability, and performance,” said Ing. Mario Cachia, CEO and director of business at Alternative Technologies Ltd., an installer of Enphase products in Malta. “Their seamless integration and module-level monitoring allow our clients to manage self-consumption and navigate peak pricing. In our dynamic energy market, this smart technology is a game-changer.”

    IQ8X™ Microinverters are also available now for customers in the Netherlands and Austria and feature a peak output AC power of 384 W, designed to support higher powered solar modules up to 560 W DC. The microinverters are compatible with modules with higher cell counts, such as 96-cells and 88 or 80 half-cut cells.

    “Enphase IQ8 Microinverters have transformed our approach to solar installations,” said Tim Montfrooij, project manager at Koller Hattem BV, an installer of Enphase products in the Netherlands. “The ease of installation coupled with the ability to support a wide range of module wattages gives us the flexibility to design efficient, optimized systems tailored to our clients’ needs.”

    “Enphase is setting a new industry standard with its ongoing innovation and commitment to quality,” said Florian Morche, technical manager at Energieversorgung Kleinwalsertal GesmbH, an installer of Enphase products in Austria. “The superior performance and reliability of IQ8 Microinverters mean that our customers can enjoy peace of mind knowing their solar systems will perform optimally for years to come.”

    “IQ8 Microinverters are transforming residential solar with a reputation for top-tier adaptability and performance,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “We are empowering installers with technology to help simplify installations and maximize energy production for homeowners. This expansion reinforces our commitment to driving innovation in diverse markets worldwide.”

    For more information about IQ8 Microinverters, please visit the Enphase websites for Malta and New Caledonia. Learn more about the IQ8X Microinverters on the websites for the Netherlands and Austria. 

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 76.3 million microinverters, and over 4.3 million Enphase-based systems have been deployed in more than 150 countries. For more information, visit https://enphase.com/.

    ©2024 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; the ability to seamlessly pair with a full range of solar modules up to 560 W DC; the availability and market adoption of Enphase’s products in select markets; and plans on entering new markets. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

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    The MIL Network –

  • MIL-OSI China: Xi urges Fujian to play pioneering role in China’s modernization drive

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

    XIAMEN, Oct. 16 — President Xi Jinping has urged east China’s Fujian Province to play a pioneering role in the country’s modernization drive by staying committed to its development goals.

    Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during an inspection tour in the coastal province on Tuesday and Wednesday.

    MIL OSI China News –

  • MIL-OSI Europe: AFRICA/CAMEROON – Interreligious prayer for the health of the President

    Source: Agenzia Fides – MIL OSI

    Yaoundé (Agenzia Fides) – The mystery surrounding the health of Cameroonian President Paul Biya, who has not appeared in public since the beginning of September, is growing. The Cameroonian Head of State did not attend the UN General Assembly or the Summit of French-speaking countries in Paris. His last appearance at an international gathering was the Summit of Heads of State as part of the China-Africa Forum in Beijing in early September. To counter the spread of news about the President’s alleged state of health, the Cameroonian government has banned the dissemination of such news since October 9. Officially, it is said that the President is in “very good health” and that he is “working and devoting himself to his duties in Geneva”. “He is doing well and will return to Cameroon in the next few days,” says the government spokesman. Meanwhile, an interreligious prayer for the health of the president and for peace in Cameroon was organized on the initiative of the Collective of Former Students of the Catholic Seminaries of Cameroon (CASEMCA) in collaboration with the Catholic Men’s Association (CHA), the “Union Catholique des Hommes Fils de Saint Joseph” and other Christian and Muslim communities and their religious associations. “The ecumenical ceremony, which is open to the public, will take place on Thursday, October 17, 2024, from 2 p.m. at the ‘Palais Polyvalent des Sports’ in Yaounde. It will be attended by religious dignitaries, high-ranking public and private figures, and citizens of all faiths,” the press release said. Paul Biya himself attended the minor seminary in Akono. The 91-year-old Cameroonian president is considered the dean of African Heads of State. (L.M.) (Agenzia Fides, 16/10/2024)
    Share:

    MIL OSI Europe News –

  • MIL-OSI Global: Black Myth: Wukong – how China’s gaming revolution is fueling its tech power

    Source: The Conversation – USA – By Shaoyu Yuan, Dean’s Fellow at the Division of Global Affairs, Rutgers University – Newark

    Black Myth: Wukong has enthralled gamers around the world with its rich visuals and vigorous fight sequences. Courtesy Game Science

    It may sound far-fetched, but the future of global technology supremacy could hinge on a video game.

    Black Myth: Wukong, China’s latest blockbuster, isn’t just breaking gaming records – it could be driving a critical shift in the global balance of technological power. What seems like just another action-packed video game is, in reality, a vital component in Beijing’s larger strategy to challenge Western dominance in the tech industry.

    The game, released by Chinese company Game Science on Aug. 19, 2024, is based on the legendary 16th century Chinese novel “Journey to the West.” The novel tells the story of a monk, Xuanzang, who journeys to India in search of Buddhist scrolls. The monkey Sun Wukong protects the monk by confronting and battling various demons and spirits.

    Black Myth: Wukong has captivated millions with its stunning visuals and storytelling. It quickly became a cultural sensation in China and abroad, attracting widespread attention and praise for its graphic fidelity and technological sophistication.

    As global affairs scholars, we see that the game’s success goes beyond the number of downloads or accolades. It’s what this success is driving within China’s technology sector that has far-reaching consequences.

    Video games and global power

    For years, China has been playing catch-up in the tech race, particularly in the production of semiconductors – the tiny microchips that power everything from smartphones to advanced artificial intelligence systems. The United States has maintained its dominance in this field by limiting China’s access to the most advanced chip-making technology.

    As of 2024, China has shifted away from its aggressive “wolf warrior” diplomacy to a more cooperative approach in order to rebuild international ties. The government has also issued mandates for companies like Huawei to develop domestic chips. However, China’s success in boosting semiconductor development and production using these approaches has been limited.

    Historically, video games have played a significant role in driving technological innovation in the semiconductor industry. From the early days of the 8-bit Nintendo Entertainment System to the modern PlayStation 5, gaming has always pushed chipmakers to develop faster, more efficient processors and graphics processing units, or GPUs. The intense graphical requirements of modern games – high resolutions, faster frame rates and real-time rendering – demand the most advanced semiconductor technology. The development of advanced GPUs by companies like NVIDIA was directly influenced by the gaming industry’s needs.

    Gamers require advanced processors to enjoy Black Myth: Wukong’s high-end visual and gameplay experience. Built using the state-of-the-art Unreal Engine 5 video game development tool, the game is a visual spectacle featuring lifelike graphics, seamless open-world environments and complex combat systems. The game is available for PlayStation 5 and PCs, and Game Science plans to release an Xbox version.

    Black Myth: Wukong features rich visuals and intricate gameplay.
    Courtesy of Sony Interactive Entertainment LLC

    As Black Myth: Wukong sweeps across gaming platforms, it not only puts pressure on China’s semiconductor makers to build more and better chips, but it also reveals the vast market potential for high-performance hardware, especially for gaming PCs equipped with powerful GPUs. The game’s success showcases just how big the demand is.

    Market analysts expect the Chinese video game industry to reach revenues of US$66.13 billion in 2024, compared with $78.01 billion in the U.S. Analysts predict the game will have annual sales of 30 million to 40 million copies in 2024.

    China’s gaming industry has surged into a global powerhouse, yet it remains dependent on foreign-made chips. Coupled with the West’s restrictions on chip exports, Wukong has become a key catalyst for China’s semiconductor development, and domestic companies now face growing pressure to innovate.

    This pressure aligns with Beijing’s broader technological ambitions. The government’s “Made in China 2025” plan calls for technological self-reliance, particularly in sectors like semiconductors, where China lags behind. And advanced GPUs haven’t been confined to the entertainment industry. They have become integral to advances in AI, including deep learning and autonomous systems.

    Flexing China’s cultural muscle

    While it might seem strange to link video games with geopolitics, Black Myth: Wukong is more than just entertainment. It’s a tool in China’s soft power arsenal. Soft power is nations influencing each other through cultural exports. For decades, the West, particularly the U.S., dominated global culture through Hollywood, music and video games.

    Now, China is flexing its cultural muscle. The success of Black Myth: Wukong abroad, where it has been hailed as a game-changing title, is part of Beijing’s strategy to export its culture and technological prowess. Millions of gamers around the world are now being exposed to Chinese mythology, art and storytelling through a highly sophisticated digital medium.

    ‘China Stay Winning’ American YouTubers react enthusiastically to Black Myth: Wukong. (Audio NSFW)

    But Black Myth: Wukong isn’t just a cultural triumph for China; it’s a warning shot. The country is taking advantage of its booming gaming industry to drive advances in a field that will define the future of technology. This game not only exports Chinese culture but also strengthens its tech base by accelerating the demand for domestic semiconductors.

    While Black Myth: Wukong entertains millions, it also shows China’s growing influence in the digital realm. In the future, we might not look back at Black Myth: Wukong as just a successful video game, but as a catalyst that helped China close the technological gap with the West. Beijing is playing a long game, and video games like Black Myth: Wukong are turning out to be effective weapons.

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

    – ref. Black Myth: Wukong – how China’s gaming revolution is fueling its tech power – https://theconversation.com/black-myth-wukong-how-chinas-gaming-revolution-is-fueling-its-tech-power-239998

    MIL OSI – Global Reports –

  • MIL-OSI Global: 4 ways AI can be used and abused in the 2024 election, from deepfakes to foreign interference

    Source: The Conversation – USA – By Barbara A. Trish, Professor of Political Science, Grinnell College

    The American public is on alert about artificial intelligence and the 2024 election.

    A September 2024 poll by the Pew Research Center found that well over half of Americans worry that artificial intelligence – or AI, computer technology mimicking the processes and products of human intelligence – will be used to generate and spread false and misleading information in the campaign.

    My academic research on AI may help quell some concerns. While this innovative technology certainly has the potential to manipulate voters or spread lies at scale, most uses of AI in the current election cycle are, so far, not novel at all.

    I’ve identified four roles AI is playing or could play in the 2024 campaign – all arguably updated versions of familiar election activities.

    1. Voter information

    The 2022 launch of ChatGPT brought the promise and peril of generative AI into public consciousness. This technology is called “generative” because it produces text responses to user prompts: It can write poetry, answer history questions – and provide information about the 2024 election.

    Rather than search Google for voting information, people may instead ask generative AI a question. “How much has inflation changed since 2020?” for example. Or, “Who’s running for U.S. Senate in Texas?”

    Some generative AI platforms such as Google’s AI chatbot Gemini, decline to answer questions about candidates and voting. Some, such as Facebook’s AI tool Llama, respond – and respond accurately.

    AI’s response to an election query on Facebook.
    Screenshot from Facebook, CC BY-SA

    But generative AI can also produce misinformation. In the most extreme cases, AI can have “hallucinations,” offering up wildly inaccurate results.

    A CBS news account from June 2024 reported that ChatGPT had given incorrect or incomplete responses to some prompts asking how to vote in battleground states. And ChatGPT didn’t consistently follow the policy of its owner, OpenAI, and refer users to CanIVote.org, a respected site for voting information.

    As with the web, people should verify the results of AI searches. And beware: Google’s Gemini now automatically returns answers to Google search queries at the top of every results page. You might inadvertently stumble into AI tools when you think you’re searching the internet.

    2. Deepfakes

    Deepfakes are fabricated images, audio and video produced by generative AI and designed to replicate reality. Essentially, these are highly convincing versions of what are now called “cheapfakes” – altered images made using basic tools such as Photoshop and video-editing software.

    The potential of deepfakes to deceive voters became clear when an AI-generated robocall impersonating Joe Biden before the January 2024 New Hampshire primary advised Democrats to save their votes for November.

    After that, the Federal Communication Commission ruled that AI-generated robocalls are subject to the same regulations as all robocalls. They cannot be auto-dialed or delivered to cellphones or landlines without prior consent.

    The agency also slapped a US$6 million fine on the consultant who created the fake Biden call – but not for tricking voters. He was fined for transmitting inaccurate caller-ID information.

    While synthetic media can be used to spread disinformation, deepfakes are now part of the creative toolbox of political advertisers.

    One early deepfake aimed more at persuasion than overt deception was an AI-generated ad from a 2022 mayoral race contest portraying the then-incumbent mayor of Shreveport, Louisiana, as a failing student summoned to the principal’s office.

    Blink and you’ll miss the disclaimer that this campaign ad is a deepfake.

    The ad included a quick disclaimer that it was a deepfake, a warning not required by the federal government, but it was easy to miss.

    Wired magazine’s AI Elections Project, which is tracking uses of AI in the 2024 cycle, shows that deepfakes haven’t overwhelmed the ads voters see. But they have been used by candidates across the political spectrum, up and down the ballot, for many purposes – including deception.

    Former President Donald Trump hints at a Democratic deepfake when he questions the crowd size at Vice President Kamala Harris’ campaign events. In lobbing such allegations, Trump is attempting to reap the “liar’s dividend” – the opportunity to plant the idea that truthful content is fake.

    Discrediting a political opponent this way is nothing new. Trump has been claiming that the truth is really just “fake news” since at least the “birther” conspiracy of 2008, when he helped to spread rumors that presidential candidate Barack Obama’s birth certificate was fake.

    3. Strategic distraction

    Some are concerned that AI might be used by election deniers in this cycle to distract election administrators by burying them in frivolous public records requests.

    For example, the group True the Vote has lodged hundreds of thousands of voter challenges over the past decade working with just volunteers and a web-based app. Imagine its reach if armed with AI to automate their work.

    Such widespread, rapid-fire challenges to the voter rolls could divert election administrators from other critical tasks, disenfranchise legitimate voters and disrupt the election.

    As of now, there’s no evidence that this is happening.

    4. Foreign election interference

    Confirmed Russian interference in the 2016 election underscored that the threat of foreign meddling in U.S. politics, whether by Russia or another country invested in discrediting Western democracy, remains a pressing concern.

    Special counsel Robert Mueller’s investigation into the 2016 U.S. election concluded that Russia had worked to get President Donald Trump elected.
    Jonathan Ernst/Pool via AP

    In July, the Department of Justice seized two domain names and searched close to 1,000 accounts that Russian actors had used for what it called a “social media bot farm,” similar to those Russia used to influence the opinions of hundreds of millions of Facebook users in the 2020 campaign. Artificial intelligence could give these efforts a real boost.

    There’s also evidence that China is using AI this cycle to spread malicious information about the U.S. One such social media post transcribed a Biden speech inaccurately to suggest he made sexual references.

    AI may help election interferers do their dirty work, but new technology is hardly necessary for foreign meddling in U.S. politics.

    In 1940, the United Kingdom – an American ally – was so focused on getting the U.S. to enter World War II that British intelligence officers worked to help congressional candidates committed to intervention and to discredit isolationists.

    One target was the prominent Republican isolationist U.S. Rep. Hamilton Fish. Circulating a photo of Fish and the leader of an American pro-Nazi group taken out of context, the British sought to falsely paint Fish as a supporter of Nazi elements abroad and in the U.S.

    Can AI be controlled?

    Acknowledging that it doesn’t take new technology to do harm, bad actors can leverage the efficiencies embedded in AI to create a formidable challenge to election operations and integrity.

    Federal efforts to regulate AI’s use in electoral politics face the same uphill battle as most proposals to regulate political campaigns. States have been more active: 19 now ban or restrict deepfakes in political campaigns.

    Some platforms engage in light self-moderation. Google’s Gemini responds to prompts asking for basic election information by saying, “I can’t help with responses on elections and political figures right now.”

    Campaign professionals may employ a little self-regulation, too. Several speakers at a May 2024 conference on campaign tech expressed concern about pushback from voters if they learn that a campaign is using AI technology. In this sense, the public concern over AI might be productive, creating a guardrail of sorts.

    But the flip side of that public concern – what Stanford University’s Nate Persily calls “AI panic” – is that it can further erode trust in elections.

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

    – ref. 4 ways AI can be used and abused in the 2024 election, from deepfakes to foreign interference – https://theconversation.com/4-ways-ai-can-be-used-and-abused-in-the-2024-election-from-deepfakes-to-foreign-interference-239878

    MIL OSI – Global Reports –

  • MIL-OSI Economics: Huawei Globally Unveils Intelligent Campus 2030 White Paper Oct 16, 2024

    Source: Huawei

    Headline: Huawei Globally Unveils Intelligent Campus 2030 White Paper
    Oct 16, 2024

    [Dubai, UAE, October 16, 2024] During GITEX Global 2024, Huawei released the Intelligent Campus 2030 white paper for markets outside China at the forum Redefining Intelligent Campus with ICTs, Maximizing Enterprises’ Intelligent Productivity with Xinghe Intelligent Campus. This white paper envisions the future of the intelligent campus.
    David Shi, Vice President of Huawei’s ICT Marketing & Solution Sales Dept, delivered an opening speech at the forum. He highlighted that as digital technology advances, the intelligent connectivity of everything will become a reality, which will allow campuses to be fully digital and intelligent. He added that future campuses will become fully perceptible, collaborative, and constantly online smart buildings that are capable of self-learning, self-troubleshooting, and making decisions and executing them independently. “Huawei is committed to bringing digital to every campus for pervasive intelligence and has been deeply involved with intelligent campuses for many years. We have proposed to redefine campuses with ICTs and have leveraged the advantages of our product portfolios to reshape campus connectivity, platform, and business. Up to now, we have helped over 1000 customers worldwide build secure, green, digital, and intelligent campuses,” said David Shi.
    David Shi, Vice President of ICT Marketing & Solution Sales Dept, Huawei

    Eric He, CEO of Huawei Campus Team, said in his speech that revolutions in energy and information take us closer to the intelligent world, where campuses will play a crucial role. As Eric He explains, we have entered the stage of intelligent campus 2.0, which is 10 Gbps, digital, intelligent, and green. During this stage, campus networks will evolve from simply transmitting data to providing quality connections, campus platforms will move beyond integrating IoT to providing data intelligence, and extensive business management will be upgraded to low-carbon operations. “Relying on ICTs to redefine campuses, Huawei looks forward to working with customers and industry peers to innovate as well as envision and build intelligent campus 2030,” he said.
    Eric He, CEO of Huawei Campus Team

    Hawn Zhao, President of the Campus Network Domain, Data Communication Product Line, Huawei, introduced Huawei’s Xinghe Intelligent Campus Solution at the forum. As enterprises are witnessing a surge in the number of devices and video conferences, their digital and intelligent office requires improved network performance, security, experiences, and O&M. Huawei’s all-scenario Wi-Fi 7 products can strengthen signals by 100% and improve concurrency by 50%. In addition, Huawei’s application experience assurance solution ensures smooth video conferences and protects VIP services from being compromised, while the Wi-Fi Shield prevents data eavesdropping to ensure 100% network security.
    Helping Customers Advance Digital and Intelligent Transformation
    Ibrahim Al Kindi, IT Director of the Arab Authority for Agricultural Investment and Development (AAAID), shared AAAID’s experience in intelligent campus construction. AAAID and Huawei have collaborated to enhance its office experiences in five areas: seamless access, intelligent office conferences, full wireless network coverage, AI-based building control, and centralized IoT device access. Ibrahim Al Kindi stated that this is just the beginning of a new era of intelligent office, and AAAID will continue to explore the digital and intelligent transformation of the office field.
    Fahad Daghriri, Chief Information Officer of Technical and Vocational Training Corporation (TVTC) in Saudi Arabia, shared how TVTC built an intelligent campus network with the help of Huawei. This network allows for wide coverage, high performance, and efficient O&M, improving mobile office for teachers and studying for students. “Our collaboration aims to achieve a win-win situation, promote digital transformation, build a one-stop campus network, create a smart education platform, and lay a solid foundation for long-term development,” said Fahad Daghriri.
    Releasing the Intelligent Campus 2030 White Paper
    Huawei globally unveils the Intelligent Campus 2030 white paper

    The campus is a basic unit in the making of a city. It is the main place where people live and work. It acts as an important carrier to boost the digital economy, and a key point to realize green and low-carbon transformation. In recent years, the industry has conducted in-depth exploration and cultivated practices surrounding the intelligent campus. Huawei, along with industry experts and scholars, provides insights into its future in the Intelligent Campus 2030 white paper.
    Based on the insights into and practices of global intelligent campuses, this white paper proposes a far-sighted definition of future intelligent campus along with visions for its advancement. It outlines five trends that affect intelligent campus development, systematically depicts 10 typical future scenarios, and defines six key technical features of future intelligent campuses for the first time. Innovatively, the white paper proposes a unique reference architecture for the intelligent campus and 22 quantitative indicators to predict the prospects of intelligent campuses, guiding their implementation and construction.
    Click the link to read more about the white paper: https://www.huawei.com/en/giv/intelligent-campus-2030

    MIL OSI Economics –

  • MIL-OSI: Cathay Cargo Leveraged Descartes Air Cargo Tracking Solution to Help Support Safe Journey of Giant Pandas

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Australia and ATLANTA, Oct. 16, 2024 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Cathay Cargo, a global provider of air freight services, leveraged Descartes’ Bluetooth® Low Energy air cargo tracking solution for real-time condition and location monitoring of Giant Pandas An An and Ke Ke as they were safely transported from Chengdu, China to Hong Kong. The pandas arrived at Hong Kong’s international airport on September 26, 2024.

    “We’re excited that our technology played a role in the safe arrival of such a special shipment from Chengdu to Hong Kong,” said Frank Hung, VP Sales and Marketing at Descartes. “With our advanced IoT-based tracking capabilities, our customers are not only able to monitor the location of their shipments in real-time, but also shipment conditions such as temperature, light, vibration and humidity—which takes on an even more important dimension for Cathay Cargo in this unique situation.”

    Cathay Cargo has used the Descartes solution as part of its Ultra Track cargo tracking service since 2021. The solution helps the air cargo carrier provide customers with real-time shipment location and condition status for airport-to-airport moves of high value goods such as electronics, perishables and pharmaceuticals. The Ultra Track service is available in 29 airports across Cathay Cargo’s network.

    The Descartes air cargo tracking solution is designed to help airlines and ground handling agents (GHA) provide forwarding and shipper customers with end-to-end shipment visibility. Descartes Bluetooth® Low Energy powered tags placed on Unit Load Devices (ULD) or pallets provide location and condition status data that is captured by Descartes Bluetooth® Low Energy readers. Readers are part of the Descartes global Internet of Things (IoT) network and a Descartes Global Logistics Network™ service. Shipment status can be tracked whether goods are in the air or on the ground to help the air cargo community automate the end-to-end tracking of freight location and shipment status information such as precise temperature, movement, shock, light and humidity.

    “We’re pleased to have supported Cathay Cargo in this extraordinary endeavor,” said Scott Sangster, General Manager, Logistics Service Providers at Descartes. “Customers with temperature-controlled, time-sensitive and other specialized cargo expect to be kept informed of the location, condition, and chain of custody of their air shipment throughout its journey. By building out our IoT network in more geographies, deploying active readers across more locations and expanding the reach of the network, we’re helping the air cargo industry meet requirements for real-time, multi-dimensional cargo visibility and facilitate more secure, efficient, and responsive logistics operations.”

    About Cathay Cargo

    Cathay Cargo is the air-freight business division of the Cathay Group and one of the leading air-cargo operators in the world, operating from its hub in Hong Kong. Cathay Cargo provides services to more than 90+ cargo destinations around the world, operating a dedicated freighter fleet of 14 Boeing 747-8F and six 747-400ERFs (Extended Range Freighter) aircraft, in addition to cargo space on Cathay Pacific’s large fleet of passenger aircraft. The Cargo division also includes Air Hong Kong, an express cargo carrier operating in partnership with DHL, and manages Cathay Cargo Terminal at Hong Kong International Airport. It is also the cargo general sales agent for the Cathay Group’s low-cost carrier HK Express. Cathay is a member of the Swire Group and is listed on the Hong Kong Stock Exchange (HKSE). For more information, please visit http://www.cathaycargo.com.

    About Descartes

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

    Global Media Contact
    Cara Strohack                                                                     
    Tel: +1(800) 419-8495 ext. 202025                                 
    cstrohack@descartes.com  

    Cautionary Statement Regarding Forward-Looking Statements

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

    The MIL Network –

  • MIL-OSI Europe: Written question – The CE marking and China Export marking – E-001996/2024

    Source: European Parliament

    Question for written answer  E-001996/2024
    to the Commission
    Rule 144
    Jorge Martín Frías (PfE)

    To be sold in the EU, it is mandatory for many products to bear the CE marking, which shows that the manufacturer has assessed the product and that it is considered to comply with a number of EU requirements. Moreover, it is obligatory for products manufactured anywhere in the world that are to be placed on the EU market.

    In 2006, China created a logo for its exports, China Export, whose font and size are similar to its European counterpart. It was designed to compete fraudulently with the legitimate CE marking and circumvent controls. In this way, the Chinese logo prevents China’s products from getting assessed to find out whether they meet the requirements set by the European Economic Area, which in turn leads to confusion among EU consumers.

    Furthermore, there is the problem that the CE marking is not registered as an EU logo, and for that reason China cannot be required to cease using the Asian imitation.

    In light of this situation:

    Is the European Commission going to confront this problem and study measures, such as modifying the current CE logo, to resolve this issue that has been ongoing for 18 years, and take the necessary action to put an end to this fraud?

    Submitted: 9.10.2024

    Last updated: 16 October 2024

    MIL OSI Europe News –

  • MIL-OSI: POET Wins “Best in Artificial Intelligence” Honors at 2024 Global Tech Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, has been named the winner of the “Best in Artificial Intelligence” category at the prestigious 2024 Global Tech Awards, announced on October 14. The honor is the third top prize the Company has received in 2024, following recognition by the AI Breakthrough Awards for “Best Optical AI Solution” and the Gold Prize for “AI Innovator of the Year” from the Merit Awards.

    POET Technologies was chosen as the Best in the Artificial Intelligence category due to “its innovative approach to powering AI networks and hyperscale data centers.” “POET’s commitment to improving the performance and scalability of AI infrastructure sets it apart as a leader in the industry,” commented Sirisha Lanka, Managing Director of the Global Tech Awards. Founded in 2022, the awards’ mandate is to “recognize and celebrate excellence in technology.” Among the judges were executives from enterprises such as Amazon, Microsoft, and Oracle. 

    “We’re thrilled to be recognized by industry experts who acknowledge the groundbreaking nature and positive commercial impacts of the POET Optical Interposer™ platform technology and the growing suite of products we are building from it,” said Dr. Suresh Venkatesan, POET Chairman & CEO. “Winning the Best in Artificial Intelligence honor from the Global Tech Awards is another stellar indication of why an increasing number of the leading companies in our industry are turning to POET for solutions that will help them grow their market share and assist them in developing new products that address the demand for AI networking and data center connectivity.”

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

    About Global Tech Awards
    The Global Tech Awards is a prestigious platform that recognizes and celebrates the very best in technology. With a focus on innovation creativity and excellence, the Global Tech Awards aims to identify and reward the most exceptional technology solutions and services from around the world. The awards are open to businesses, organizations and individuals who are creating and delivering innovative technologies that are driving progress and shaping the future. If you are developing cutting-edge technology and want to showcase your achievements to the world, consider entering the Global Tech Awards today. http://www.globaltechaward.com


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

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

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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    The MIL Network –