NewzIntel.com

Category: CTF

  • MIL-OSI Security: Waterbury Man Sentenced to Nearly Eight Years in Federal Prison for Role in Violent Carjacking

    Source: US FBI

    David X. Sullivan, United States Attorney for the District of Connecticut, announced that MICHAEL McCANN-ORTIZ, also known as “Bando,” 24, of Waterbury, was sentenced today by U.S. District Judge Kari A. Dooley in Bridgeport to 95 months of imprisonment, followed by three years of supervised release, for his participation in a violent carjacking.

    According to court documents and statements made in court, in the early morning hours of June 18, 2023, two all-terrain vehicles (“ATVs”) were stolen from a Waterbury residence.  After the theft, McCann-Ortiz and others mistakenly identified an individual (“Victim 1”) who they incorrectly believed was involved in the theft.  Later that night, Victim 1’s friend, (“Victim 2”), picked up Victim 1 from work and drove him home.  As they arrived at Victim 1’s residence, three vehicles followed them and surrounded the victims.  McCann-Ortiz and his associates, one of whom carried an assault-style rifle, exited the vehicles and approached the victims.  McCann-Ortiz and his associates demanded the return of the stolen ATVs, threatened to harm both victims, and physically assaulted them.

    Specifically, McCann-Ortiz repeatedly threatened to kill the victims, and punched and kicked one victim, causing serious bodily injury.

    McCann-Ortiz and his associates then stole Victim 2’s vehicle, which was owned by Victim 2’s relative, and other items and cash belonging to the victims.  McCann-Ortiz and his associates continued to harass the victims in the following days.

    McCann-Ortiz has been detained since his arrest on unrelated state charges on July 10, 2023.  On February 27, 2025, he pleaded guilty in federal court to carjacking resulting in serious bodily injury.

    This investigation is being conducted by the FBI’s Northern Connecticut Gang Task Force and the Waterbury Police Department.  The case is being prosecuted by Assistant U.S. Attorneys Nathan J. Guevremont and David T. Huang.

    MIL Security OSI –

  • MIL-OSI USA: RELEASE: Senator Mullin Highlights Heroes for National Foster Care Month

    US Senate News:

    Source: United States Senator MarkWayne Mullin (R-Oklahoma)

    Washington, D.C. – U.S. Senator Markwayne Mullin (R-OK) shared the following message for National Foster Care Month in honor of all the heroes who work tirelessly to support children in the foster care system. Click here to watch the Senator’s remarks. 

    “May is Foster Care Month, so I want to take the time thank all the case workers, all the family members that open their families up to this, parents that are willing to step in, and the volunteers that work countless hours to get these kids placed.”

    “You know, you can see my family behind me. I say half of them are the ones we got stuck with, half of them we chose, because we have a blended family of biological and of adopted kids, and I love every one of them the same.”

    “But the way you guys go in and help these kids that are going through some really desperate, tough, times. Some of the darkest moments in their life, you’re willing to step in there and show them a little kindness, and a little love.”

    “And then those that are opening their houses to them, thank you. Thank you for providing them a safe place to be able to lay their head down. It might be the only safe place they had in their whole life, but the fact that you’re willing to do that and open it up unconditionally, thank you. It doesn’t go unnoticed, and I can tell you from my wife and I, God bless you.”

    MIL OSI USA News –

  • MIL-OSI Africa: MKS PAMP to Participate at Mining in Motion as Bronze Sponsor

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

    ACCRA, Ghana, May 30, 2025/APO Group/ —

    The Mining in Motion 2025 Summit – Ghana’s premier gathering for mining stakeholders – welcomes global precious metals trading and investment firm MKS PAMP as a bronze sponsor.

    Taking place on June 2 – 4, 2025 in Accra, the summit will serve as a platform for MKS PAMP to showcase its growing contributions to Ghana’s mining sector, particularly its support for responsible and inclusive gold supply chains.

    As a sponsor, MKS PAMP will take part in high-level panel discussions, highlighting innovative financing models aimed at empowering Ghana’s artisanal and small-scale gold mining (ASGM) sector.

    The company’s global operations – spanning sourcing, refining, trading, and supplying of precious metals – include a strong focus on Ghanaian gold, contributing to both local industry growth and the stability of global gold supply.

    Through its partnership with the Bank of Ghana, MKS PAMP is actively supporting ASGM operators by providing financial and technical assistance. The partnership is designed to help small-scale miners transition into the formal gold market, ensuring they benefit from global trading standards while enhancing traceability and compliance.

    In addition to supporting small-scale miners, MKS PAMP also works with large-scale operators to reinforce transparency across the value chain. In a notable collaboration with Newmont Corporation – which operates the Ahafo and Akyem Mines in Ghana – MKS PAMP launched mine-to-market traceable gold bars. The solution enables consumers to track the origin of their gold while offering regulators and stakeholders confidence in the transparency and ethical sourcing of monetized resources.

    At Mining in Motion, MKS PAMP will delve deeper into these contributions through participation in exclusive networking sessions and project showcases, engaging with local, regional, and international partners. The firm’s participation at Mining in Motion reflects a broader commitment to supporting sustainable development, responsible sourcing, and emerging investment opportunities within Ghana’s expanding gold sector.

    Organized by the Ashanti Green Initiative – led by Oheneba Kwaku Duah, Prince of Ghana’s Ashanti Kingdom – in collaboration with Ghana’s Ministry of Lands and Natural Resources, World Bank, and the World Gold Council, with the support of Ghana’s Ministry of Lands and Natural Resources, the summit offers unparalleled opportunities to connect with industry leaders.

    Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium- to large-scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting www.MiningInMotionSummit.com. For sponsorship opportunities or delegate participation, contact Sales@ashantigreeninitiative.org.

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Adams verdict

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV leader Jim Allister KC MP:

    “Regardless of the verdict delivered by a Dublin jury, the people of Northern Ireland know that Gerry Adams stood front and centre in justifying and defending thirty years of brutal IRA terror.

    “His active role at the heart of the Republican terror machine is well documented — not merely in hearsay, but in the detailed testimonies and investigations contained in multiple authoritative books on the IRA. These include the works of Peter Taylor, Toby Harnden, Ed Moloney, and Eamon Collins — all of which remain available and uncontested in the public domain.

    “For the countless innocent victims of IRA violence, the one abiding consolation is this: Gerry Adams will one day stand before a higher court than any convened in Dublin.”

    MIL OSI United Kingdom –

  • India’s real GDP grows at 6.5% in FY 2024-25; Q4 sees strong 7.4% expansion

    Source: Government of India

    Source: Government of India (4)

    The National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), has released the Provisional Estimates of Annual Gross Domestic Product (GDP) for the financial year 2024–25, along with the Quarterly Estimates for the January–March period (Q4) of the same year.

    India’s real GDP at constant (2011–12) prices is estimated to have grown by 6.5% in FY 2024–25, reaching ₹187.97 lakh crore, compared to ₹176.51 lakh crore in 2023–24. At current prices, the nominal GDP has increased by 9.8%, amounting to ₹330.68 lakh crore, up from ₹301.23 lakh crore in the previous financial year.

    Real Gross Value Added (GVA) for the year is estimated at ₹171.87 lakh crore, reflecting a 6.4% growth from ₹161.51 lakh crore in FY 2023–24. The nominal GVA stands at ₹300.22 lakh crore, a 9.5% increase over the previous year.

    In the fourth quarter (January to March) of FY 2024–25, real GDP rose to ₹51.35 lakh crore, a 7.4% increase from ₹47.82 lakh crore in Q4 of FY 2023–24. Nominal GDP during the same period reached ₹88.18 lakh crore, reflecting a 10.8% growth. Real GVA in Q4 stood at ₹45.76 lakh crore, up 6.8% from ₹42.86 lakh crore, while nominal GVA reached ₹79.46 lakh crore, marking a 9.6% increase.

    Among the key drivers of this economic performance, the construction sector led with an annual growth of 9.4%, accelerating to 10.8% growth in Q4. The public administration, defence, and other services sector followed with 8.9% growth during the year and 8.7% in Q4. Financial, real estate, and professional services saw a 7.2% increase annually and 7.8% growth in the final quarter.

    The primary sector, which includes agriculture, livestock, forestry, fishing, mining, and quarrying, registered a growth rate of 4.4% in FY 2024–25, a notable improvement from 2.7% in the previous year. In Q4 alone, the sector grew by 5.0%, up significantly from 0.8% in the same quarter of the previous year.

    Private Final Consumption Expenditure (PFCE) recorded a 7.2% growth during FY 2024–25, reflecting stronger consumer spending compared to 5.6% in FY 2023–24. Gross Fixed Capital Formation (GFCF), an indicator of investment demand, grew by 7.1% for the full year and 9.4% in Q4.

    The GDP estimates were compiled using the benchmark-indicator method, based on the extrapolation of the previous year’s estimates using sector-specific performance indicators. These include data from the Index of Industrial Production (IIP), financial performance of listed companies, crop and livestock output, energy and construction material production, transport and trade data, banking and insurance activity, GST collections, and government expenditure records.

    The estimates also reflect the tax and subsidy data available from both the Central and State Governments. For tax calculations, both GST and non-GST revenues were considered, and for subsidies, major components such as food, urea, petroleum, and nutrient-based subsidies were accounted for.

    These provisional figures are subject to revision based on updated inputs from source agencies. Users are advised to interpret the data with this in mind.

    The next release of GDP data, covering the first quarter of FY 2025–26 (April–June), is scheduled for 29 August 2025.

  • MIL-OSI Asia-Pac: Algernon Yau visits Tokyo

    Source: Hong Kong Information Services

    Secretary for Commerce & Economic Development Algernon Yau today attended the Asia-Pacific Telecommunity (APT) Ministerial Meeting, aimed at strengthening regional collaboration on the development of information and communications technology, in Tokyo, Japan.

     

    Whilst in Tokyo, the commerce chief also took the opportunity to meet Japanese political and business leaders.

     

    Speaking at a discussion session at the ministerial meeting, Mr Yau spoke about Hong Kong’s efforts in building sustainable and accessible information and communications technology infrastructure, and its commitment to a more inclusive and resilient digital future.

     

    Mr Yau said in the wake of the full liberalisation of its telecommunications market in 2003, Hong Kong’s telecommunications sector has become one of the most advanced, open, and dynamic markets globally.

     

    He highlighted that Hong Kong leads the world on mobile voice affordability, ranks second globally on mobile broadband affordability, and is seventh on fixed broadband affordability. The city’s 5G availability also ranks first in the Asia-Pacific region.

     

    Mr Yau emphasised that Hong Kong’s robust infrastructure provides a strong foundation for sustainable telecommunications development, including future 6G deployment and other cutting-edge services.

     

    The 6G Global Summit held in Hong Kong earlier this month, which was the summit’s first edition in the Asia-Pacific region, also focused support for 6G development.

     

    With regard to innovation and technology (I&T), Mr Yau explained that the Hong Kong I&T Development Blueprint, promulgated in 2022, set out clear development directions and strategies including, including accelerated development of new digital infrastructure.

     

    He added that artificial intelligence (AI) opens up vast new opportunities for global economic development and scientific research, and that Hong Kong is developing its AI ecosystem on various fronts. This include the launch of the AI Supercomputing Centre at Cyberport to meet demand for high-performance computing power.

     

    Mr Yau said Hong Kong will continue to work hand in hand with APT members and other stakeholders to advance sustainable infrastructure and promote eco-friendly information and communications technology for a connected future.

     

    Meanwhile, Mr Yau also paid a courtesy call on Japan-Hong Kong Parliamentarian League Chairman and House of Councillors Member Jimi Hanako to update her on Hong Kong’s latest economic and trade developments.

     

    Upon arriving in Tokyo yesterday, Mr Yau paid a courtesy call on Japan’s State Minister for Foreign Affairs Miyaji Takuma.

     

    Noting the close bilateral relations between the two places, Mr Yau updated Mr Miyaji on Hong Kong’s robust economic developments on various fronts under the “one country, two systems” principle, and solicited Japan’s support for Hong Kong’s early accession to the Regional Comprehensive Economic Partnership.

     

    Mr Yau also met Japan Association of Corporate Executives representatives to promote Hong Kong’s business advantages and investment opportunities.

     

    The commerce chief will return to Hong Kong tomorrow after the APT Ministerial Meeting concludes.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Residential Mortgage Survey Results for April 2025

    Source: Hong Kong Government special administrative region

    Residential Mortgage Survey Results for April 2025Issued at HKT 16:30

    The following is issued on behalf of the Hong Kong Monetary Authority:

    The Hong Kong Monetary Authority announced the results of the residential mortgage survey for April 2025.

    The number of mortgage applications in April decreased month-on-month by 7.8 per cent to 7 795.

    Mortgage loans approved in April increased by 2.4 per cent compared with March to HK$25.3 billion. Among these, mortgage loans financing primary market transactions decreased by 7.5 per cent to HK$9.3 billion and those financing secondary market transactions increased by 17.6 per cent to HK$13.7 billion. Mortgage loans for refinancing decreased by 23.5% to HK$2.3 billion.

    Mortgage loans drawn down during April increased by 7.7 per cent compared with March to HK$17.1 billion.

    The ratio of new mortgage loans priced with reference to HIBOR increased from 90.4 per cent in March to 91.8 per cent in April. The ratio of new mortgage loans priced with reference to best lending rates decreased from 3.2 per cent in March to 2.3 per cent in April.

    The outstanding value of mortgage loans increased month-on-month by 0.2 per cent to HK$1,881.9 billion at end-April.

    The mortgage delinquency ratio stood at a low level of 0.13 per cent and the rescheduled loan ratio was unchanged at nearly 0 per cent.

    Ends/Friday, May 30, 2025
    Issued at HKT 16:30

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Missing woman in Sham Shui Po located

    Source: Hong Kong Government special administrative region

    A woman who went missing in Sham Shui Po has been located.

    Lung Wai-yan, aged 64, went missing after she was last seen on Cheung Sha Wan Road on May 6 afternoon. Her family made a report to Police on May 28.

    The woman was located in Tung Chau Street Park this afternoon (May 30). She sustained no injuries and no suspicious circumstances were detected.

    Ends/Friday, May 30, 2025
    Issued at HKT 19:12

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hospital Authority releases Medication Safety Bulletin

    Source: Hong Kong Government special administrative region

    Hospital Authority releases Medication Safety Bulletin Issued at HKT 16:00

    The following is issued on behalf of the Hospital Authority: The Hospital Authority (HA) today (May 30) published the biannual issue of the Medication Safety Bulletin (MSB). This issue focuses on etomidate, a drug that is commonly used in clinical practice to induce anaesthesia or to facilitate sedation. Recently, etomidate has been used illegally as a narcotic and is known as the space oil drug. Since etomidate has been upregulated as a Dangerous Drug, healthcare professionals should comply with relevant requirements on storage, issuance, etc, and maintain regular inspection. The latest issue also reminds healthcare professionals that the “On Long Term Steroid Replacement Alert” has been implemented in the Clinical Management System to safeguard patients receiving longterm hydrocortisone replacement therapy. In addition, the Kowloon Central Cluster shares its experience in enhancing dispensing accuracy with the implementation of the Pick-to-light system in the General Outpatients Clinics. The publication has already been posted on the HA homepage for sharing with healthcare staff. Members of the public are also welcome to browse its content at the following link: www.ha.org.hk/msb. The MSB is published every six months, during the last week of May and November. The next issue will be published in November 2025.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hong Kong Customs seizes suspected dangerous drugs worth about $2.6 million (with photo)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs seizes suspected dangerous drugs worth about $2.6 million (with photo)Issued at HKT 16:50

    ​Hong Kong Customs yesterday (May 29) seized about 2 kilograms of suspected crack cocaine and 654 suspected “space oil drug” capsules with a total estimated market value of about $2.6 million in Tin Shui Wai. A 25-year-old man and a 29-year-old man were arrested.

    During an anti-narcotics operation conducted in Tin Shui Wai yesterday, Customs intercepted two men. Customs officers later escorted them to a residential premises nearby for a search and seized the batch of suspected crack cocaine and suspected “space oil drug” capsules. A batch of suspected drug-packing paraphernalia and tools were also found therein. The two men were subsequently arrested.

    An investigation is ongoing.

    Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.

    Members of the public may report any suspected drug trafficking activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

    Ends/Friday, May 30, 2025
    Issued at HKT 16:50

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Growing offshore wind

    Source: Scottish Government

    Consultation to inform offshore wind developments in Scotland.

    The way in which offshore wind projects are developed in Scotland is being consulted on, with an updated plan now published for views.  

    The draft updated Sectoral Marine Plan for Offshore Wind Energy (SMP-OWE) aims to balance the needs of nature, communities, and other users of the sea.  

    It will be used to help inform the delivery of offshore wind projects  from the ScotWind and Innovation and Targeted Oil and Gas (INTOG) seabed leasing rounds. 

    Proposals in the plan aim to:

    • use the latest  data and scientific evidence to inform decisions on energy developments – such as how projects will impact wildlife and nature 
    • ensure the environmental, social, economic opportunities and constraints from offshore projects are clearly set out to help inform decision making
    • ensure the interests and views of other marine users, including fishers, coastal and island communities and environmental groups are taken into account  

    Acting Net Zero and Energy Secretary Gillian Martin said: “Growing Scotland’s offshore wind sector presents enormous economic opportunities for our country, with the chance to create thousands of well-paid, green jobs while accelerating our journey to net zero.     

    “Our updated Sectoral Marine Plan for Offshore Wind Energy sets out the opportunities as well as the constraints to developing offshore wind in Scottish waters.

    “It seeks to provides clarity, certainty and confidence to investors and other marine users, to ensure development is sustainable and balances the needs of communities, nature and other users of the sea, to deliver for the people of Scotland and nature.  

    “It is important that everyone with an interest has their say and the Scottish Government will continue to engage closely with the fishing industry, island and coastal communities and other sectors throughout the consultation.“ 

    Crown Estate Scotland Director of Marine Mike Spain, said: “We welcome the publication of the a draft updated Sectoral Marine Plan and encourage all those with an interest in Scotland’s offshore wind sector to engage with this consultation. 

    “We are proud to have conducted two successful offshore wind leasing rounds and are working in partnership with the sector to enable these projects to deliver maximum value for Scotland.” 

    Background 

    Consultation – draft updated Sectoral Marine Plan for Offshore Wind Energy 

    The consultation will run until 22 August 2025 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Chair appointed to independent Fatal Accident Inquiry review

    Source: Scottish Government

    Action to improve investigations into deaths in prison custody.

    Retired Sheriff Principal Ian Abercrombie has been appointed to chair an independent review of the system of Fatal Accident Inquiries (FAI) into deaths in prison custody.

    The review will aim to improve the efficiency and effectiveness of investigations into deaths in prison and ensure those affected are treated in a trauma-informed way.

    The review which was commissioned by Justice Secretary Angela Constance, in consultation with the Lord Advocate, will also identify barriers that families face in engaging with the FAI process and address the time it takes for them to be completed.

    An advisory group, recommended by the Chair and appointed by the Justice Secretary, will support Sheriff Principal Abercrombie. Its membership is expected to be agreed and announced within weeks.

    The Justice Secretary said:

    “A review of the FAI system was a key action from the Government’s consideration of the FAI inquiry determinations into the tragic deaths of Katie Allan and William Lindsay.

    “Families have been let down and their experience of the system has added to their grief. Their voices will be heard and listened to during this independent review.

    “The remit of the review will consider issues surrounding FAIs held into deaths in prison custody.

    “Maintaining the pace of reform is essential, which is why I have asked to receive the report by the end of this year.”

    Sheriff Principal Abercrombie said:

    “I am pleased to be leading this review. I understand that concerns have been raised about how the FAI system currently operates in relation to deaths in prison custody.

    “As an independent chair, ably assisted by my Advisory Group, I am looking forward to hearing from all those with experience or knowledge of the system.”

    Background

    Sheriff Principal Abercrombie graduated with an LLB Hons from the University of Edinburgh in 1978 and joined the Faculty of Advocates in 1981. He has served as a Curator of the Advocates Library and was a member of the disciplinary committee of the Institute of Chartered Accountants of Scotland, and of a Scottish Law Commission advisory group.

    He is a former member of the Scottish Civil Justice Council. He became a QC in 1993 and was appointed a sheriff in 2009. He became Sheriff Principal of South Strathclyde, Dumfries and Galloway in 2014. He retired from this role in 2020.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Topping out at Langage Freeport site

    Source: City of Plymouth

    Foundations – Tick. Frame – Tick. Walls – Tick. Now the roof is being topped out on the first purpose-built commercial units within the Plymouth and South Devon Freeport.

    Councillor Mark Lowry – Cabinet Member for Finance
    Richard May – CEO of the Plymouth and South Devon Freeport
    Nigel Whelan – Managing Director of Devon Contractors

    Cabinet member for Finance Mark Lowry was on hand to mark this crucial milestone in the development of four units in Beaumont Way, Langage – one of three Freeport tax sites as part of the region’s continuing success story in the marine, defence, space, advanced manufacturing, engineering and clean energy sectors.

    Devon Contractors are progressing the construction of the units which range in size from 750 square metres to just over 2,000 sqm.

    The units will have workshop/production space inside with fully fitted offices at ground and first floor level (with lift access) and welfare facilities, including showers.

    Each will have its own dedicated service yard, parking and EV charging pod and the units will be highly sustainable and incorporate technology to minimise carbon emissions and running costs, including solar photo-voltaic panels, increased levels of insulation, higher levels of natural daylight and ventilation and highly efficient heating systems. The units are being designed and built to BREEAM Excellent standards and Net Zero status.

    As part of its own social values policies, the Council is always keen to consider social value measures that a contractor can apply to projects carried out on behalf of the Council and this has been achieved in spades at this Langage site.

    Seven students from Brook Green Centre recently enjoyed a site tour through the support of DUCTU (www.ductu.co.uk) and the Devon Careers Hub and had a go at bricklaying. Small groups from Plympton Academy and Tor Bridge will shortly visit and the site will soon host an event for military personnel to tour the site and discuss opportunities available in the construction industry.

    Plymouth City Council Leader Tudor Evans said: “This site is so much more than just buildings. It is about potential – not just companies interested in being part of the Plymouth and South Devon Freeport story.

    “One of our priorities as a Council is ‘green investment, jobs, skills and better education.’ I am really chuffed to hear the work Devon Contractors are doing here on this site to inspire our next generation of workers and let them see at first hand work what skilled, well-paid jobs looks like. It’s just brilliant.”

    The development has been made possible thanks to a £4 million Freeport seed capital funding, match funded by Plymouth City Council. Once complete, it is expected to support around 138 full time jobs and associated long term spin off benefits.

    Richard May CEO of the Plymouth and South Devon Freeport said; “It’s wonderful to witness the first new industrial units being built in the Freeport with many more to follow over the next few years.

    “We have several businesses keen to move in and they will help us strengthen local capability, innovation and bring on new skills in our key sectors of marine, defence, space, advanced manufacturing, engineering and clean tech.”

    Devon Contractors are on target to finish the scheme in time for units to be ready to move into by Autumn 2025.

    Nigel Whelan, Managing Director of Devon Contractors, said: “We’re making excellent progress on site at Langage and its a testament to the collaborative spirit across the board.

    “Our supply chain, consultants, suppliers and the client team have all come together as one, working seamlessly to drive the project forward. This level of co-operation is what allows us to maintain momentum and deliver with confidence. Were particularly excited to be launching our work placements schools projects next month – a great opportunity to engage the next generation and share in the future of construction.”

    The Langage Tax Site is the largest of three tax sites for the Freeport and is on the edge of the existing Langage Business Park. It is strategically significant as it provides the space and opportunities to support sector growth plans and economic specialisation, underpinning the Freeport’s trade and investment objectives.

    Eligible businesses that are part of the Freeport can take advantage of a range of tax and customs benefits and incentives to support growth, innovation and investment in the South West, including business rates relief, employer National Insurance contributions rate relief, stamp duty land tax relief, capital allowances, VAT and tariff benefits and simplified import procedures.

    As this site is part of the Freeport designated tax site, eligible tenants must specialise in either marine, defence, space, advanced manufacturing, engineering or clean energy.

    Interested parties should contact [email protected] or for information about the Freeport contact [email protected]

    www.plymouth.gov.uk/langage-south-beaumont-way

    MIL OSI United Kingdom –

  • MIL-OSI: SHARC Energy Announces Q1 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) is pleased to announce it has filed financial results for the three months ended March 31, 2025. All figures are in Canadian Dollars and in accordance with IFRS unless otherwise stated.

    First Quarter Financial Highlights:

    • Revenue for the three months ended March 31, 2025 (“Q1 2025”) is $1.01 million (M), representing 47% of the full year revenue in 2024 and a 30% increase over the $0.78M of revenue reported in the three months ended March 31, 2024 (“Q1 2024”).
    • As of May 30, 2025, the Company has a Sales Pipeline1 of 16.5M and Sales Order Backlog2of $3.5M. This represents a $0.5M increase or 18% growth in Sales Order Backlog since April 29, 2025 disclosure. Sales Pipeline saw a marginal decrease of 1% since April 29, 2025 disclosure reflecting the deliberate efforts by the Company to refill the pipeline once projects convert to the order book. The combined pipeline showed an aggregate growth of 1% or $0.3M from the previous disclosure on April 29, 2025. The $3.5M Sales Order Backlog, which is estimated to be converted to revenue within an average of 12 months from disclosure, represents a 64% improvement compared to the year ended December 31, 2024 revenue of $2.17M. The Company continues to observe the maturity of its Sales Pipeline providing the Company’s revenue more consistency and with reduced volatility, providing a solid platform to scale and grow.
    • During Q1 2025, the Company also reported a loss of $0.92M and an Adjusted EBITDA3 loss of $0.61M. This compares to a loss of $0.76M and an Adjusted EBITDA loss of $0.85M in the comparative quarter representing a 20% and 22% increase, respectively.
    • Gross margins for Q1 2025 were 31% compared to 38% in Q1 2024. Management remains optimistic that this margin range aligns with our expectations for the coming quarters but the margin percentage varies dependent on sales mix and stage of completion of each project.

    Michael Albertson, Chief Executive Officer and President of SHARC Energy, said, “We are off to a strong start to the 2025 fiscal year with the Company reporting revenue of just over $1 million which represents a 30% increase over Q1 2024 and 47% of the full year revenue earned in the 2024 fiscal year. More importantly, despite the delivery of revenue, Sales Order Backlog increased by 18% and represents a 64% improvement over 2024 revenue sitting at $3.5 million as of the reporting date. SHARC Energy’s revenue growth continues to gain momentum.”

    Mr. Albertson continues, “We recently disclosed key District Energy System (“DES”) projects, Lebreton Flats in Ottawa and Senakw in Vancouver, which are leveraging SHARC Wastewater Energy Transfer (WET) systems as the core component to power their thermal networks harnessing wastewater as the key renewable resource. WET supported solutions continue to grow in awareness and acceptance with the Company learning of projects in planning across North America and globally. In the Greater Vancouver, British Columbia region alone, there are several municipal or utility supported DES/Thermal Energy Networks (“TENs”) ranging in size and scale in different stages of development that will increase SHARC Energy’s local footprint over the next few years. In the United States, legislation allowing or mandating utilities to develop DES/TENs demonstration projects or pilots have been passed in eight states, including the State of New York and recently added California, where the Company has installations in progress, projects in design and a growing list of leads looking to implement Wastewater Energy Transfer with DES/TENs.”

    “We are continuing to progress into new sectors for the SHARC and PIRANHA with promising opportunities developing within wastewater treatment facilities, universities, water utilities, correctional facilities and the design & build/energy sectors. These sectors are increasingly receptive to SHARC Energy’s offerings which is promising as these sectors can provide fewer regulatory hurdles, long-term customer relationships, shorter sales cycles, and the potential for larger-scale projects. The Company anticipates the closing of new business in these adjacent sectors as early as this year.”

    “Furthermore, SHARC Energy is gearing up to launch new products in its portfolio which will be introduced to the market soon. With the support of original equipment manufacturer relationships SHARC Energy has, we feel there is significant opportunity to better serve more customers and increase our revenue and margin dollars earned going forward. SHARC Energy’s tailwinds are strong and set to propel the Company to profitability in the coming years. We are very excited about our position in the thermal energy market.” stated Mr. Albertson.

    Q1 2025 Highlights and Subsequent Events

    • Fred Andriano appointed as Chairman of the Board of Directors. On May 5, 2025, the Company announced significant changes to its Board of Directors, appointing Fred Andriano as Chairman of the Board and Executive Officer, replacing Lynn Mueller, who will now serve as Vice Chairman and Executive Officer. Furthermore, the Company accepted the retirement and resignation of Eleanor Chiu as Director.
    • False Creek Neighbourhood Energy Utility (“NEU”) Expansion. The Company continued work on the supply and maintenance agreement with the City of Vancouver for the provision and maintenance of five SHARC systems for the False Creek NEU Expansion. During the period, the Company completed all remaining milestones of the agreement.
    • SHARC System Featured in Ottawa’s Lebreton Flats District Energy Project. The Company announced that two SHARC 880 Wastewater Energy Transfer (“WET”) systems will be used to power a district energy system in Canada’s capital city. SHARC Energy anticipates commencing submittals for the SHARC WET Systems in 2025 with equipment build and delivery expected during 2026.

    For complete financial information for the three months ended March 31, 2025, please see the Condensed Consolidated Interim Financial Statements and Management Discussion and Analysis (“MD&A”) filed on SEDAR at www.sedar.com.

    About SHARC Energy

    SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy’s systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.

    SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.

    Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA | SHARC

    ON BEHALF OF THE BOARD

    Fred Andriano
    Chairman

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements 

    Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy’s actual results could differ materially from those anticipated in this forward-looking information because of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation. 

    1 Sales Pipeline is a non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the Q1 2025 MD&A.
    2 Sales Order Backlog is a non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the Q1 2025 MD&A.
    3 Adjusted EBITDA is a non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the Q1 2025 MD&A.

    The MIL Network –

  • MIL-OSI: Restive Ventures Opens Applications for 9th Fintech Founder Cohort

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 30, 2025 (GLOBE NEWSWIRE) — Restive Ventures, the premier seed-stage venture firm focused on fintech innovation, is now accepting applications for its 9th cohort. This application-based investment cycle is open to early-stage founders building the future of financial services, with a growing focus on AI-native companies accelerating transformation across the financial ecosystem.

    Since its launch in 2018, Restive-backed startups have raised over $800 million in follow-on capital and created over $5 billion in enterprise value, reshaping how millions of people and businesses interact with money, data, and infrastructure.

    Applications are open from May 30 to July 15. Founders can apply here.

    “We’re seeing a massive resurgence in fintech—especially in companies where AI is being used to unlock new workflows, reimagine user experiences, and build radically more efficient companies,” said Ryan Falvey, Managing Partner at Restive. “We want to meet technical founders building in this moment—those creating high-velocity businesses in payments, infrastructure, compliance, risk, and more.”

    Restive’s previous cohorts drew over 1,500 applications, with a final group of 10 companies selected. Over 70% of the cohort was AI-native, building across financial infrastructure, compliance, lending, and B2B payments. Founders represented a global mix, including teams from the U.S., Mexico, the U.K., and India, and brought deep technical backgrounds from companies like Stripe, Plaid, and Coinbase.

    Who Should Apply

    The cohort is designed for pre-seed and seed-stage companies, whether the product is live or still in development. Restive is especially interested in startups where:

    • AI is being used to rethink legacy financial processes and empower small, lean teams to build products exceptionally fast
    • Teams are engineering-led with a deep understanding of the technical problem they’re solving
    • The business touches a regulated space, enterprise workflow, or consumer financial experience
    • Founders are seeking early capital plus high-touch connectivity to fintech operators, regulators, and follow-on VCs

    What Selected Startups Receive:

    • At least a $500,000 initial investment at market terms
    • One-on-one support from fintech operators and an industry-leading network of founders
    • Curated introductions to partners, regulators, and future investors
    • Ongoing capital support throughout the company’s early growth

    Restive’s selection process is open to any fintech startup, pre-seed or seed, across a wide range of verticals. “In the last quarter alone, we’ve seen fintech M&A activity and IPO interest pick up and a strong return of venture appetite in early-stage deals,” said Cameron Peake, Partner at Restive. “There’s a clear market pull—and we want to help the most promising founders move faster.”

    Fintech founders interested in joining the next cohort can learn more and apply here.

    About Restive Ventures
    Restive is on a mission to help entrepreneurs build the world’s best fintech companies. Restive partners with early founders who have an unrelenting vision to improve fintech and build world-changing companies. The team provides a foundation of early-stage capital, deep operational expertise, and systematic connections to help founders launch and grow more quickly. Learn more at https://www.restive.com or follow X/Twitter and LinkedIn.

    Contact:

    Press@restive.com

    The MIL Network –

  • MIL-OSI: Upexi to Present at the iAccess Alpha Virtual Best Ideas Summer Investment Conference on June 24-25

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., May 30, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing, and distribution of consumer products with diversification into the cryptocurrency space, today announced that management will present at the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2025 on June 24 and 25, 2025.

    iAccess Alpha Virtual Conference Details:
    Date: June 24-25, 2025
    Presentation Date and Time: Tuesday, June 24th at 12:30 p.m. ET
    Webcast: https://ir.upexi.com/news-events/ir-calendar

    To schedule a one-on-one meeting with Upexi, please contact KCSA Strategic Communications at Upexi@KCSA.com.

    About Upexi, Inc.
    Upexi is a brand owner specializing in the development, manufacturing and distribution of consumer products. The Company has entered the Cryptocurrency industry and cash management of assets through a Cryptocurrency Portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

    Follow Upexi on X – https://twitter.com/upexitreasury
    Follow CEO, Allan Marshall, on X – https://x.com/marshall_a22015
    Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

    Company Contact
    Brian Rudick, Chief Strategy Officer
    Email:brian.rudick@upexi.com
    Phone: (216) 347-0473

    Investor Relations Contact
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    Email: Upexi@KCSA.com
    Phone: (212) 896-1254

    The MIL Network –

  • MIL-OSI: Bitcoin Depot Eliminates Up-C Corporate Structure

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 30, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot Inc. (Nasdaq: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, announced it has simplified its organizational and capital structure by eliminating its Up-C Restructuring (the “Up-C Restructuring”).

    Pursuant to the Up-C Restructuring, BT Assets, Inc., an entity controlled by the Company’s Founder and CEO, Brandon Mintz, that held Common Units in BT HoldCo LLC and shares of the Company’s Class V Common Stock has merged with a subsidiary of the Company and received 41,193,024 shares of the Company’s Class M common stock, which will continue to carry 10 votes per share, as consideration in the merger.

    In connection with the Up-C Restructuring, all of the shares of the Company’s Class V Common Stock held by BT Assets have been transferred to the Company and cancelled. After giving effect to the Up-C Restructuring, Mintz holds a total of 41,193,024 shares of the Company’s Class M Common Stock and 142,973 shares of the Company’s Class A Common Stock.

    Post-transaction, Bitcoin Depot now wholly-owns its principal operating subsidiaries. The Company believes the simpler structure will offer benefits like better stock liquidity, easier use of stock for acquisitions, and a clearer corporate profile.

    In addition, the Up-C Restructuring extinguishes the $2.2 million Tax Receivable Agreement liability and will lead to further long-term savings, as the Company estimates its cash tax rate will be reduced by an estimated 12 percentage points. Other professional services costs associated with tax, accounting and legal will also be reduced by this simpler structure.

    About Bitcoin Depot

    Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with over 8,400 kiosk locations as of February 25, 2025.  Learn more at www.bitcoindepot.com. 

    Cautionary Statement Regarding Forward-Looking Statements

    This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,“ ”plan,“ ”potential,“ ”priorities,“ ”project,“ ”pursue,“ ”seek,“ ”should,“ ”target,“ ”when,“ ”will,“ ”would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

    These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

    We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

    Contacts:

    Investors 
    Cody Slach,
    Gateway Group, Inc. 
    949-574-3860 
    BTM@gateway-grp.com

    Media 
    Brenlyn Motlagh, Ryan Deloney 
    Gateway Group, Inc.
    949-574-3860 
    BTM@gateway-grp.com

    The MIL Network –

  • MIL-OSI: NIRI Philadelphia Elects 2025 – 2026 Board Members

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, May 30, 2025 (GLOBE NEWSWIRE) — The Philadelphia Chapter of NIRI: The Association for Investor Relations is pleased to announce that its members have elected nine investor relations leaders to serve on the Board of Directors for the 2025–2026 term.

    “I’m proud of the accomplishments and strong connections we’ve built together as a chapter,” said Nahla A. Azmy, NIRI Philadelphia Board President. “It’s an honor to continue serving in this role alongside such an esteemed group of returning board members. I look forward to building on our momentum and creating even more opportunities for learning, leadership, and community in the year ahead.”

    The 2025 -2026 NIRI Philadelphia Board of Directors include:

    President
    Nahla Azmy, Investor Relations & Financial Communications Leader

    Executive Vice President
    Andrew Bjorkman, Director – Regional Head, Mid-Atlantic & Northwest at NYSE

    Vice President, Treasurer
    Joe Shiffler, Director, Investor Relations at Power Integrations

    Vice President, Programs
    Michael Wherley, Vice President, Investor Relations at Nouryon

    Vice President, Marketing & Communications
    Gene Cleary, Vice President, Investor Relations, M&A and External Reporting at Aramark

    Vice President, Technology
    Alex Whitelam, Vice President, Investor Relations at Dorman Products

    Vice President, Membership
    Curt Brooks, Director, Investor Relations at FMC Corp.

    Co-Vice President, Sponsorships
    Lisa Caperelli, Investor Relations & Corporate Communications Professional at CAP Strategies, LLC
    Rebecca Gardy, Senior Vice President, Chief Investor Relations Officer at The Campbell’s Company

    About the NIRI Philadelphia Chapter
    NIRI Philadelphia, formed in 1971, is a professional association of investor relations officers, communicators, consultants and providers serving organizations in the Greater Philadelphia area. NIRI Philadelphia includes members from a variety of industries and market cap sizes who are responsible for communications between their organizations, the investing public, and the financial community. NIRI Philadelphia’s goal is to provide its members the resources needed to be strategic leaders in their organizations.

    About NIRI: The Association for Investor Relations 
    Founded in 1969, NIRI is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts, and other financial community constituents. NIRI is the largest professional investor relations association in the world with members representing over 1,500 publicly held companies and $12 trillion in stock market capitalization.

    Contact: President@niriphiladelphia.org

    The MIL Network –

  • MIL-OSI: Announced at Kaltura Connect on the Road 2025: Salesforce, Bloomberg, Wells Fargo, EY, IBM, and Adobe are Among the Winners of this year’s Kaltura Digital Engagement Awards

    Source: GlobeNewswire (MIL-OSI)

    New York, May 30, 2025 (GLOBE NEWSWIRE) — Kaltura (Nasdaq: KLTR), the AI Video Experience Cloud, today announced the recipients of the 2025 Kaltura Digital Engagement Awards. The awards were presented at the annual Kaltura Connect on the Road event series, which brought together hundreds of leaders from Marketing, Communications, and Enterprise Media to share how they’re driving AI-powered transformation within their organizations. The honorees of the awards included leading brands such as Oracle, SAP, JP Morgan Chase & Co., Accenture, BP, Shell, Vanguard, Airbnb, KPMG and Pinterest.  

    “The way that people engage with content, with brands, and with each other, is being redefined before our eyes, and we are proud to work with the organizations that are leading this transformation,” said Ron Yekutiel, Co-founder, Chairman, President, and CEO of Kaltura. “From immersive onboarding, through autonomous customer journeys, to AI-powered accessibility and more, these awards recognize the companies that, beyond showing the world what’s next, are showing what’s possible as Agentic AI applications come to the forefront of business operations.”  

    The Digital Engagement Awards celebrate companies that have pushed the boundaries of what’s possible with Kaltura’s Agentic AI video platform, showcasing exceptional creativity and impact across enterprise digital experiences. Honorees were selected based on their innovative use of Kaltura’s technologies, scalable impact, purposeful innovation, visionary leadership, and commitment to inclusivity and accessibility. 

    Honorees of the AI Transformation Trailblazer Award:  

    • Bloomberg, for being the first to shape the unknown, setting the pace for enterprise innovation and proving that leadership often means leaping first. 
    • SAP, for leading with vision and experimenting with purpose, and setting the pace for intelligent innovation at enterprise scale. 

    Honorees of the Collaboration Champion Award:  

    • Vanguard, for turning a complex rollout into a unified movement, aligning 10 business lines under one vision, and proving that real collaboration scales. 
    • Oracle, for bringing people together, breaking down silos, and turning video into a unifying force across the business journey at every stage. 
    • KPMG, for breaking down silos and building global alignment—leveraging strategy, technology, and partner ecosystems to turn collaboration into a competitive edge. 

    Honorees of the Brand Engagement Innovator Award: 

    • Pinterest, for reminding us that inclusion is innovation, and prioritizing accessibility across every element to guarantee each audience feels welcome, seen, and truly supported. 
    • BP, for proving that great brands don’t just follow guidelines—they live them. With bold, consistent storytelling, BP brings its brand to life in every frame. 

    Honorees of the Accessibility & AI Mover & Shaker Award: 

    • Accenture, for proving that real progress starts where innovation meets inclusion, bringing AI and accessibility together to build a future where every voice is heard. 
    • JP Morgan Chase & Co., for designing a workplace where accessibility isn’t an add-on, rather is built in. With adaptive tech, inclusive design, and seamless assistive integration, they are setting the gold standard for digital belonging. 
    • Wells Fargo, for leading with top-down commitment and organization-wide impact, turning high-level vision into real accessibility progress, and raising the bar for inclusive digital experiences. 
       

    Honoree of the Sustainability Advocate Award: 

    • Salesforce, for backing bold words with bold action—investing in next-gen carbon removal, building low-impact events, and proving that sustainability at scale is possible. 

     
    Honorees of the Legacy Builder Award:  

    • IBM, for mastering the balance of honoring the past while building what’s next—bridging eras, empowering progress, and proving that evolution is the boldest legacy of all. 
    • Airbnb, for building a legacy through years of meaningful engagement, trusted partnership, and a commitment that continues to shape how their teams connect and grow. 
    • Shell, for evolving with purpose, turning institutional expertise into enduring impact through initiatives like “Legal – Better Together,” and showing how consistency builds legacy. 

    Honorees of the Future-First Leader Award: 

    • EY, for shaping what’s next by leaning in early and often, turning feedback into forward motion, and helping bring bold new ideas to life. 
    • Adobe, for leading with clarity and purpose, setting the standard for what employee experience can look like in an AI-powered world, and what thoughtful transformation really means.  

      More information about the winners and the full on-demand content from the Kaltura Connect on the Road event series can be found on the event’s virtual hub. 

    About Kaltura  

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

    The MIL Network –

  • MIL-OSI: PrairieSky Receives TSX Approval for Renewed Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 30, 2025 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce that the Toronto Stock Exchange (the “TSX“) has accepted the notice of PrairieSky’s intention to commence a normal course issuer bid (the “NCIB“).

    On April 14, 2025, PrairieSky announced its intention to seek TSX approval to renew its NCIB for an additional one-year period. The NCIB allows the Company to purchase up to 15,355,946 common shares which represents approximately 6.5% of the common shares outstanding, being 235,536,040 as of May 21, 2025, and 10% of the public float of 153,559,462 common shares which is defined as the common shares outstanding after excluding common shares beneficially owned by directors and executive officers of PrairieSky and persons who beneficially own or exercise control or direction over more than 10% of the issued and outstanding common shares of PrairieSky. The NCIB will commence on June 4, 2025 and will expire no later than June 3, 2026.

    Under the NCIB, common shares may be repurchased in open market transactions on the TSX, and/or other Canadian alternative trading systems. In accordance with the rules of the TSX governing normal course issuer bids, the total number of common shares the Company is permitted to purchase is subject to a daily purchase limit of 99,954 common shares, representing 25% of the average daily trading volume of common shares on the TSX calculated for the six-month period ended April 30, 2025, being approximately 399,818 common shares. However, the Company may make one block purchase per calendar week which exceeds the daily repurchase restriction. Any common shares that are purchased under the NCIB will be cancelled by PrairieSky.

    The Company believes that from time to time the market price of the common shares may not reflect their underlying value. The purchase of common shares will increase the proportion of interest of, and be advantageous to, all remaining shareholders. In addition, any purchases by the Company will afford increased liquidity to those shareholders of the Company who may wish to dispose of their common shares.

    PrairieSky has entered into an automatic share purchase plan with its broker, CIBC Capital Markets, in order to facilitate purchases of its common shares. The automatic purchase plan allows for purchases by the Company of its common shares at any time, including, without limitation, when the Company would ordinarily not be permitted to make purchases due to regulatory restriction or self-imposed blackout periods. Purchases will be made by PrairieSky’s broker based upon the parameters prescribed by the TSX and the terms of the parties’ written agreement.

    PrairieSky currently intends to purchase up to a maximum of 15,355,946 common shares to effect NCIB purchases over the next 12 months. PrairieSky purchased 3,415,900 common shares under its current normal course issuer bid which authorized the purchase for cancellation of up to 5,000,000 common shares and commenced on June 4, 2024 and runs to June 3, 2025. Since instituting the normal course issuer bid in 2016 to March 31, 2025, PrairieSky has purchased and cancelled an aggregate of 20.1 million common shares at a weighted average price per share of $16.74.

    FORWARD-LOOKING STATEMENTS

    This press release contains certain forward-looking statements. The use of any of the words “expect”, “anticipate”, “may”, “will”, “should”, “believe”, “intends”, and similar expressions are intended to identify forward-looking statements. Forward-looking statements contained in this press release include our expectations with respect the number of common shares under NCIB purchases to be effected over the next 12 months.

    With respect to forward-looking statements contained in this press release, we have made several assumptions including that the common shares will from time-to-time trade below their value, that the Company will complete purchases of common shares pursuant to the NCIB and those described in detail in our Management Discussion & Analysis and the Annual Information Form for the period ended December 31, 2024. Readers and investors are cautioned that the assumptions used in the preparation of such forward-looking statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Our actual results, performance, or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. We can give no assurance that any of the events anticipated will transpire or occur, or if any of them do, what benefits we will derive from them.

    By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond our control, including the market price of the common shares being too high to ensure that purchases benefit the Company and its shareholders, impact of general economic conditions, industry conditions, volatility of commodity prices, stock market volatility and failure to execute purchases under the NCIB. The foregoing and other risks are described in more detail in PrairieSky’s Management Discussion & Analysis and the Annual Information Form for the period ended December 31, 2024 under the headings “Risk Management” and “Risk Factors”, respectively, each of which is available at www.sedarplus.com.

    Further, any forward-looking statement is made only as of the date of this press release, and PrairieSky undertakes no obligation to update or revise any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events, except as required by applicable securities laws. New factors emerge from time to time, and it is not possible for PrairieSky to predict all of these factors or to assess in advance the impact of each such factors on PrairieSky’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

    The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

    ABOUT PRAIRIESKY ROYALTY LTD.

    PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating funds from operations and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky’s common shares trade on the Toronto Stock Exchange under the symbol PSK.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    PrairieSky Royalty Ltd.

    Investor Relations
    (587) 293-4000

    www.prairiesky.com

    PDF available: http://ml.globenewswire.com/Resource/Download/6d0e44ba-aa7a-422f-b79d-9d3722a29243

    The MIL Network –

  • MIL-OSI: Australian Oilseeds Announces Third Quarter Fiscal 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    COOTAMUNDRA, Australia, May 30, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, today announced financial results for its third quarter fiscal 2025 ended March 31, 2025.

    Third Quarter Fiscal 2025 Financial Highlights Compared to Prior Year

    • Sales revenue increased 49.8% to A$9.4 million driven by broad-based growth across retail, wholesale and high protein meal categories.
    • Retail oil revenue increased 69.4% to A$4.7 million reflecting expanded distribution at several leading retailers in Australia along with the addition of new SKUs.
    • Net loss of A$0.6 million compared to net income of A$41 thousand, reflecting changes to sales mix, planned investments in brand and marketing, as well as higher professional fees, insurance and employee costs.

    “We were pleased to deliver strong year-over-year growth in the third quarter, led by our retail category where our expanded distribution network and broader product lineup drove results,” said Gary Seaton, Chief Executive Officer. “We also saw robust demand across customers and channels, validating our commitment to premium quality. We remain steadfast in our commitment to eliminating chemicals from the edible oil production and manufacturing systems and continue to believe we are well positioned for significant growth and improving returns over the long term.”

    About Australian Oilseeds Holdings Limited. Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) through its subsidiaries, including Australian Oilseeds Investments Pty Ltd., an Australian proprietary company, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

    Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K for June 30, 2024 and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

    Contact
    Australian Oilseeds Holdings Limited
    126-142 Cowcumbla Street
    Cootamundra New South Wales 2590
    Attn: Amarjeet Singh, CFO
    Email: amarjeet.s@energreennutrition.com.au

    Investor Relations Contact
    Reed Anderson
    (646) 277-1260
    reed.anderson@icrinc.com 

    The MIL Network –

  • MIL-OSI: NowVertical Secures Up to $26 Million USD in Financing with HSBC to Fuel Growth

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 30, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company“), a leading data and AI solutions provider, announced that NowVertical, NowVertical UK Ltd. and NowVertical Group, Inc. and certain of their affiliates have entered into a senior secured facilities agreement (the “Facilities Agreement”) with HSBC UK Bank plc (“HSBC”), as arranger, original lender and agent. Unless otherwise specified, all dollar amounts are expressed in U.S. dollars.

    Pursuant to the Facilities Agreement, NowVertical UK Ltd. and NowVertical Group, Inc., as borrowers, have access to credit facilities of up to $18 million (together, the “Facilities”) which may be increased by up to an additional $8 million upon the approval of HSBC, for total credit of up to $26 million.

    “This Financing Agreement is truly transformational for NowVertical,” said Sandeep Mendiratta, CEO of NowVertical. “It simplifies our capital structure by consolidating debt previously spread across multiple lenders into a single, long-term facility with significantly improved terms. This provides immediate access to capital to fuel our organic growth under the ‘One Brand, One Business’ strategy, while also positioning us to pursue targeted, strategic acquisitions. Importantly, the Facilities give us the flexibility to renegotiate or fully retire our existing convertible loan, materially reducing our cost of capital and preserving our cash position. Combined with a shift from short-term to long-term debt, this strengthens our balance sheet and allows us to operate with greater agility. HSBC’s support reflects the institutional confidence we’ve unlocked by evolving into a single, integrated business—providing enhanced capital access and a stronger foundation for scalable, strategic growth.”

    “We are pleased to support NowVertical’s next phase of growth,” said Chris Winter, Senior Corporate Relationship Director at HSBC. “This partnership underscores our confidence in NowVertical’s vision and growth strategy.”

    Pursuant to the Facilities Agreement, the borrowers have access to the Facilities, a portion of which will be used to repay existing debt, with the remainder available for general working capital purposes and acquisitions. The Facilities consist of: (i) a $6 million term loan, amortizing equally over 5 years and maturing on the fifth anniversary of the Facilities Agreement; and (ii) a $12 million revolving credit facility with an initial 3-year term, which may be extended for up to an additional 24 months. In addition, amounts available under the revolving credit facility may be increased to $20 million upon the exercise of an accordion option and certain ancillary facilities, subject to HSBC’s consent.

    Amounts drawn under the Facilities shall bear interest at a competitive interest rate ranging from 2.25% per annum to 3.75% per annum in respect of the term loan and 1.75% per annum to 3.25% per annum in respect of the revolving credit facility, in each case above the SOFR floating rate, with rates increasing or decreasing based on NowVertical’s net leverage position. In addition, NowVertical is obligated to pay a commitment fee in respect of undrawn amounts available under the revolving credit facility. The initial blended interest rate on the Facilities is approximately 7.25%.

    In connection with entering into the Facilities Agreement, NowVertical will use amounts available under the Facilities to prepay certain existing term debt, including obligations to TD Bank and Export Development Canada. The obligations of the borrowers under the Facilities have been guaranteed by NowVertical and certain of NowVertical’s subsidiaries, including NowVertical UK Limited, NowVertical UK Holdings Limited, Acrotrend Solutions Limited, NowVertical Group, Inc., and Resonant Analytics, LLC (collectively, the “Guarantors”), and security granted by the Company and the Guarantors, including: (i) a pledge of all of the issued and outstanding shares of each of the material Guarantors; and (ii) a security interest in substantially all of the assets of the Company and certain of the Guarantors.

    Concurrently with the execution of the Facilities Agreement, NowVertical entered into a subordination agreement with HSBC and TSX Trust Company (“TSX Trust”), in its capacity as trustee under the debenture indenture dated as of October 5, 2022, pursuant to which TSX Trust confirmed the subordination of the amounts owing to the holders of senior unsecured convertible debentures to obligations of NowVertical under the Facilities Agreement.

    NowVertical is pleased to have worked with Fort Capital Partners as its advisor on this transaction.

    About NowVertical Group Inc.
    NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions.

    For further details about NowVertical, please visit www.nowvertical.com.

    Neither the 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.

    For further information, please contact:

    Andre Garber, CDO 
     IR@nowvertical.com 

    Investor Relations: Bristol Capital Ltd.
    Stefan Eftychiou
     stefan@bristolir.com
    +1(905)326-1888 x60 

    Forward-Looking Statements

    This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together “forward-looking statements“), including, with respect to the availability of funds under the Facilities, the ability of NowVertical to utilize funds under the Facilities, the effect of the Facilities on NowVertical’s operations contemplated in this press release on NowVertical’s business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to service the Company’s debt; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company’s management’s discussion and analysis for the year ended December 31, 2024. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Australian Oilseeds Holdings Limited Announces Conversion of Existing A$5 Million of Debt to Equity, Strengthening Balance Sheet Moving Forward

    Source: GlobeNewswire (MIL-OSI)

    COOTAMUNDRA, Australia, May 30, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, today announced a A$5 million debt-to-equity conversion (the “Conversion”).

    In connection with the conversion, JSKS Enterprises Pty Ltd., (“JSKS”), an entity controlled by Gary Seaton, Chief Executive Officer and a member of the Company’s Board of Directors, converted approximately A$5 million of its outstanding loan into 4,452,479 shares of Company’s ordinary shares, $0.0001 par value per share (“Ordinary Shares”).

    Gary Seaton, Chief Executive Officer, commented, “We continue to be very pleased with the momentum and trajectory of our business. The decision to convert a meaningful portion of debt to equity strengthens our balance sheet and enhances financial flexibility while also demonstrating the long-term commitment to the Company’s future by management and its shareholders, which will reduce our debt by A$5 million and increases our shareholders’ equity by the same amount, and is in line with our strategy to optimize our capital structure.”

    Pursuant to the Conversion, the principal amount of all loans made to the Company by JSKS, along with accrued interest through April 30, 2025, will be deemed repaid by the Company and all of its obligations with respect to the principal amount and accrued interest will be satisfied in full and cancelled. In exchange, the Company has issued to JSKS 4,452,479 Ordinary Shares. 

    About Australian Oilseeds Holdings Limited. Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) through its subsidiaries, including Australian Oilseeds Investments Pty Ltd., an Australian proprietary company, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

    Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K for June 30, 2024 and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

    Contact
    Australian Oilseeds Holdings Limited
    126-142 Cowcumbla Street
    Cootamundra New South Wales 2590
    Attn: Amarjeet Singh, CFO
    Email: amarjeet.s@energreennutrition.com.au

    Investor Relations Contact
    Reed Anderson
    (646) 277-1260
    reed.anderson@icrinc.com

    The MIL Network –

  • MIL-OSI: CERo Therapeutics Holdings, Inc. Doses First Patient with CER-1236 in Phase 1 Clinical Trial for Acute Myeloid Leukemia and is Advancing Through Protocol-Defined Evaluations

    Source: GlobeNewswire (MIL-OSI)

    CERO Chief Medical Officer to discuss trial protocol in poster at the American Society for Clinical Oncology Conference

    The first patient has been dosed and is advancing through protocol-defined evaluations

    SOUTH SAN FRANSCISCO, Calif., May 30, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative cellular immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces it has dosed the first patient in its Phase 1 clinical trial of CER-1236.  The patient was dosed at the lead trial site in a study focused on patients with acute myeloid leukemia (AML).  Now more than seven days post-infusion, monitoring continues for key safety, tolerability, and efficacy endpoints.  The study will be featured in a poster being presented at the 2025 Annual Meeting of the American Society of Clinical Oncology being held in Chicago May 30-June 3, 2025. 

    Abhishek Maiti, M.D., assistant professor of Leukemia at The University of Texas MD Anderson Cancer Center, is the lead investigator of the trial. He worked with Cero team on publishing the novel preclinical data in Clinical Cancer Research.

    The first-in-human, multi-center, open label, Phase 1/1b study is designed to evaluate the safety and preliminary efficacy of CER-1236 in patients with acute myeloid leukemia that is either relapsed/refractory, or in remission with measurable residual disease, or newly diagnosed patients with TP53 mutated MDS/AML or AML. The two-part study has begun with dose escalation to determine the highest tolerated dose and recommended dose for Phase 2, followed by an expansion phase to evaluate safety and efficacy.  Primary outcome measures include incidence of adverse events (AEs) and serious adverse events (SAEs), incidence of dose limited toxicities and estimation of overall response rate (ORR), complete response (CR), composite complete response (cCR), and measurable residual disease (MRD).  Secondary outcome measures include pharmacokinetics (PK).

    Robert Sikorski, M.D. Ph.D., CERo Therapeutics’ Chief Medical Officer remarked, “The completion of first-in-human dosing represents a clinical development milestone for CER-1236, a novel autologous CAR-T therapeutic candidate targeting TIM 4L.  Protocol-specified evaluations of safety, pharmacodynamic, pharmacokinetic, and efficacy endpoints are in progress.  We look forward to communicating results as data matures.”

    A peer-reviewed manuscript with robust preclinical data was published earlier in Clinical Cancer Research. The Company is presenting a poster that outlines the Phase 1/1b study at the American Society of Clinical Oncology 2025 Annual Meeting in Chicago May 30-June 3, 2025 at Chicago’s McCormick Place Convention Center. The abstract for the poster, titled, “First in human study of autologous chimeric engulfment receptor T-cell CER-1236 targeting TIM-4-L in acute myeloid leukemia (CertainT-1)” can be found here.  The poster session, at which Dr. Sikorski will be present, is being held June 1st, and is titled, “Hematologic Malignancies – Leukemia, Myelodysplastic Syndromes and Allotransplant.”

    CERo CEO Chris Ehrlich concluded, “We are grateful for the participation of our first patient and to the many people who have worked tirelessly to reach this milestone, including our CERO team, our consultants and study sites.  We look forward to discussing additional outcomes, which we continue to believe will validate the scientific work performed to date with CER-1236.”

    About CERo Therapeutics Holdings, Inc.

    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo has commenced clinical trials for its lead product candidate CER-1236 for hematological malignancies.

    Forward-Looking Statements

    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Chris Ehrlich
    Chief Executive Officer
    chris@cero.bio

    Investors:
    CORE IR

    investors@cero.bio

    The MIL Network –

  • MIL-OSI Economics: Lending and Deposit Rates of Scheduled Commercial Banks – May 2025

    Source: Reserve Bank of India

    Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of May 2025 are set out in Tables 1 to 7.

    Highlights:

    Lending Rates:

    • The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.26 per cent in April 2025 (9.35 per cent in March 2025).

    • The WALR on outstanding rupee loans of SCBs declined to 9.70 per cent in April 2025 from 9.77 per cent in March 2025.1

    • 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs moderated to 8.95 per cent in May 2025 from 9.00 per cent in April 2025.

    Deposit Rates:

    • The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 6.30 per cent in April 2025 as compared to 6.65 per cent in March 2025.

    • The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs was 7.01 per cent in April 2025 (7.03 per cent in March 2025).1

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/445

    MIL OSI Economics –

  • MIL-OSI Economics: Behind Slim: How Samsung Engineered the Galaxy S25 Edge To Break Boundarie

    Source: Samsung

    Understanding users’ evolving needs is key to developing technology that truly matters. The new Galaxy S25 Edge combines flagship-level performance with a portable design, serving as a powerful pocket-sized AI companion that pushes the boundaries of what a mobile device can be.
     
    The Galaxy S25 Edge is more than just a slim smartphone. Every curve, contour and component reflects a breakthrough in precision engineering, delivering a premium experience befitting the S series’ legacy.
     
    Extensive experimentation was required to strike this balance, with numerous prototypes developed to test new combinations of components and structures — challenging established standards in mobile hardware design. The result is a no-compromise smartphone, meticulously engineered for design, performance and camera excellence.
     

     
     
    Ultrathin Yet Built To Last
    The Galaxy S25 Edge continues the design language of the S series while achieving the slimmest profile in Galaxy S series history — measuring just 5.8mm thick and weighing only 163g.
     
    To make this possible, the idea of a smartphone was reimagined from the ground up. The Galaxy S25 Edge’s internal structure features a new mounting system, allowing components to be placed with precision down to 0.1mm.
     
    But the new device isn’t just slim — it’s tough as well. Premium materials, including a titanium frame as seen in the Galaxy S25 Ultra, make up the Galaxy S25 Edge’s robust exterior. It’s further reinforced by Corning® Gorilla® Glass Ceramic 2, a new display cover material strengthened with Samsung’s processing techniques.
     
    It’s a careful balance of design and durability – all without compromise.
     

     

     

     

     
     
    Cool Under Pressure
    The Galaxy S25 Edge may be the slimmest S series device yet, but there’s nothing light about its performance. From everyday responsiveness to intense multitasking, Samsung’s latest smartphone delivers the same power and speed found across the Galaxy S25 series.
     
    At its heart is the Snapdragon® 8 Elite Mobile Platform for Galaxy1 – a powerful processor customized by Qualcomm Technologies, Inc. to set new standards for on-device AI processing and daily performance. True performance, however, goes beyond the chipset, especially in a device so thin.
     
    A custom thermal system — featuring a reconfigured vapor chamber 10% larger than the one used in the Galaxy S25+ — was developed to suit the Galaxy S25 Edge’s slim profile. To maintain thinness while efficiently managing heat, Samsung introduced a new “hole structure” — a first for Galaxy smartphones — in which a portion of the front metal frame was removed to allow more direct heat transfer from the application processor to the vapor chamber.
     
    In addition, a precisely tailored thermal interface material helps absorb and disperse heat from surrounding components. The outcome? A phone that stays fast, cool and responsive — no matter the task.
     
    The Galaxy S25 Edge shows that power doesn’t need more space — just smarter engineering.
     

     
     
    Ultra-level Camera
    A hallmark of the Galaxy S25 Ultra is the premium camera experience, and the Galaxy S25 Edge brings that level of performance to a sleek new form. Its dual camera system with wide and ultra-wide lenses includes a 200MP main sensor that captures Galaxy S25 Ultra-level shots with extraordinary clarity, vibrant color and true-to-life detail, even in challenging lighting conditions.
     
    The thickness of the main camera was reduced by more than 10% through structural optimization of the autofocus and optical image stabilization. A two-layer camera housing design offsets the module’s height, allowing the 200MP sensor to sit naturally within the frame without disrupting the phone’s silhouette. The result is a Galaxy camera experience fit for pros, now in a slimmer, more compact form.
     

     
    The Galaxy S25 Edge embodies Samsung’s dedication to overcoming long-standing limitations in mobile engineering. By uniting flagship performance, intelligent experiences and a pro-grade camera system in a slimmer, more refined form, the device unlocks what’s possible when every detail is designed with intention. More than a design milestone, the Galaxy S25 Edge marks the next chapter in mobile innovation — where design and engineering move forward, together.
     
     
    1 Snapdragon is a trademark or registered trademark of Qualcomm Incorporated. Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.

    MIL OSI Economics –

  • MIL-OSI NGOs: Briefing notes on MSF project in the West Bank

    Source: Médecins Sans Frontières –

    We periodically publish briefing notes on our work in Hebron, the West Bank, Palestine. These briefing notes cover topics related to movement restrictions, obstacles people face in accessing medical care, and increased violence.

    MIL OSI NGO –

  • MIL-OSI Asia-Pac: CFS announces food safety report for April

    Source: Hong Kong Government special administrative region

    CFS announces food safety report for AprilIssued at HKT 15:00

    The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department today (May 30) released the findings of its food safety report for last month. The results of about 4 400 food samples tested (including food items purchased online) were found to be satisfactory except for four unsatisfactory samples that were announced earlier. The overall satisfactory rate was 99.9 per cent.

    A CFS spokesman said that about 1 200 food samples were collected for microbiological tests, and about 3 200 samples were taken for chemical and radiation level tests.

    The microbiological tests covered pathogens and hygiene indicators; the chemical tests included testing for pesticides, preservatives, metallic contaminants, colouring matters, veterinary drug residues and others; and the radiation-level tests included testing for radioactive caesium and iodine in samples collected from imported food from different regions.

    The samples comprised about 1 400 samples of vegetables and fruit and their products; about 400 samples of cereals, grains and their products; about 400 samples of meat and poultry and their products; about 700 samples of milk, milk products and frozen confections; about 500 samples of aquatic and related products; and about 1 000 samples of other food commodities (including beverages, bakery products and snacks).

    The four unsatisfactory samples comprised a prepackaged milk product sample detected with milk fat content not in compliance with the regulations, and three frozen confection samples found to contain coliform bacteria exceeding the legal limit.

    The CFS has taken follow-up actions on the above-mentioned unsatisfactory samples, including informing the vendors concerned of the test results, instructing them to stop selling the affected food items, and tracing the sources of the food items in question.

    The spokesman reminded the food trade to ensure that food is fit for human consumption and meets legal requirements. Consumers should patronise reliable shops when buying food and maintain a balanced diet to minimise food risks.

    Separately, in response to the Japanese Government’s discharge of nuclear-contaminated water at the Fukushima Nuclear Power Station, the CFS will continue enhancing the testing on imported Japanese food, and make reference to the risk assessment results to adjust relevant surveillance work in a timely manner. The CFS will announce every working day on its dedicated webpage (www.cfs.gov.hk/english/programme/programme_rafs/daily_japan_nuclear_incidents.html) the radiological test results of the samples of food imported from Japan, with a view to enabling the trade and members of the public to have a better grasp of the latest safety information.

    Ends/Friday, May 30, 2025
    Issued at HKT 15:00

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Doctors’ illnesses not linked: CHP

    Source: Hong Kong Information Services

    Regarding an acute gastroenteritis incident involving three oncologists at Princess Margaret Hospital (PMH), the Centre for Health Protection (CHP), having completed its investigation, confirmed today that the illnesses of the three doctors were not related.

     

    On February 10, the CHP received a notification from PMH that three doctors in its oncology department had developed acute gastroenteritis symptoms, and one of them unfortunately passed away on February 7.

     

    PMH’s preliminary investigation revealed that a stool sample from one of the doctors, who had mild symptoms, tested positive for Shiga toxin genes by nucleic acid testing. Hence, the hospital suspected that the cluster might be associated with Shiga toxin-producing Escherichia coli (STEC) infection.

     

    The CHP immediately conducted a comprehensive epidemiological investigation with the help of an expert team led by Hong Kong University Chair of Infectious Diseases Prof Yuen Kwok-yung.

     

    For the doctor suspected of having a STEC infection but with mild symptoms, the CHP found that the bacterial culture of the doctor’s stool sample did not grow any viable STEC bacteria.

     

    Additionally, the CHP collected 34 environmental samples as well as 27 food samples from the oncology department and relevant food premises at PMH, all of which were negative for STEC.

     

    The CHP also enhanced surveillance on the oncology department’s staff, and detected no other related cases.

     

    Based on the available information, apart from confirming that there was no STEC outbreak in PMH’s oncology department, the CHP determined that there was no linkage between the illnesses of the three doctors.

     

    Concerning the doctor’s cause of death, PMH’s pathology department conducted an autopsy and pathological examination, but the post-mortem examination could not determine the exact cause of the pathological changes that led to his death.

     

    Separately, experts from the Hong Kong University Department of Microbiology detected group C rotavirus in various tissue samples of the deceased using nucleic acid testing. However, the virus was not detected in the stool samples of the other two doctors.

     

    The experts were of the view that the initial acute gastroenteritis in the late doctor was caused by group C rotavirus. They also said that the direct relationship between group C rotavirus and the cause of death was uncertain, while other contributing factors could not be ruled out.

     

    According to the Hospital Authority, there have been no deaths from rotavirus infection in public hospitals in the past 10 years, the CHP added.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Sol 4553: Back to the Boxwork!

    Source: NASA

    Written by Lucy Thompson, Planetary Geologist at University of New Brunswick
    Earth planning date: Tuesday, May 27, 2005
    We return to planning today after a successful long weekend and about 42 meters of drive distance (about 138 feet). We planned four sols of activities on Friday to keep Curiosity busy, while the U.S.-based science team and engineers took time off yesterday for the Memorial Day holiday. As we got to admire the new workspace and drive direction view in front of the rover this morning, I realized that we have now driven about 35 kilometers (about 22 miles) and climbed more than 850 meters (2,789 feet) in elevation since landing nearly 13 years ago, and we continue to do exciting science on Mars, having recently driven onto new terrain. 
    The so-called boxwork structures are a series of resistant ridges observed both from orbit and in long-distance rover imaging (see Ashley’s blog here). Not only are the ridges of interest (do they indicate enhanced fluid-flow and cementation?), but the outcrop expression in general changed after we drove over a shallow trough onto the rocks that host the ridges.
    This plan will continue characterization of the interesting boxwork terrain. We had an example of a more resistant, ridge-like feature in our workspace today (see accompanying image). The composition of the ridge will be investigated using ChemCam (target “Sisquoc River”) and APXS (target “Palo Verde Mountains”), with accompanying Mastcam and MAHLI images. We will also acquire Mastcam imaging of a trough-like feature surrounding a bedrock slab, as part of our ongoing documentation of such structures, as well as of an apparent resistant boxwork ridge in the distance (“Lake Cachuma”). And a first for our mission, we are planning the longest-distance ChemCam remote imaging mosaic that we will have acquired — 91 kilometers (almost 57 miles) away! The intent is to compare the long-distance view from the ground with HiRISE orbital images in an attempt to create a 3D view. We also managed to squeeze in a Navcam large dust-devil survey before the planned 24-meter drive (about 79 feet). Once we arrive at our new location, MARDI will take an image of the terrain beneath the rover.
    The plan is rounded out with the standard REMS, DAN and RAD activities.

    MIL OSI USA News –