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Category: CTF

  • MIL-OSI USA: SPC May 15, 2025 0730 UTC Day 3 Severe Thunderstorm Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 150729

    Day 3 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0229 AM CDT Thu May 15 2025

    Valid 171200Z – 181200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS SATURDAY ACROSS
    PARTS OF EASTERN NORTH CAROLINA…EASTERN VIRGINIA…CENTRAL AND
    EASTERN MARYLAND…DELAWARE…SOUTHEASTERN PENNSYLVANIA…CENTRAL
    AND SOUTHERN NEW JERSEY AND LATE SATURDAY INTO SATURDAY NIGHT ACROSS
    PARTS OF WEST CENTRAL THROUGH NORTH CENTRAL TEXAS…EASTERN OKLAHOMA
    AND SOUTHWESTERN INTO CENTRAL ARKANSAS…

    …SUMMARY…
    Severe thunderstorms are possible Saturday across parts of the Mid
    Atlantic, and late Saturday into Saturday night across parts of the
    southeastern Great Plains.

    …Discussion…
    Downstream of a persistent, prominent mid-level ridge across the
    southern mid-latitude and subtropical eastern Pacific, models
    indicate that large-scale troughing will continue to dig inland of
    the Pacific coast through this period. It appears that this will
    include one notable embedded smaller-scale perturbation digging
    across the Sierra Nevada, toward the Four Corners, and a trailing
    perturbation digging across the Pacific Northwest coast.

    Farther downstream, it appears that one or two more modest short
    wave impulses, within a belt of westerlies emanating from the
    subtropical eastern Pacific, may accelerate across the northern
    Mexican Plateau through the southern Great Plains and lower
    Mississippi Valley, around the northwestern periphery of broad
    mid/upper ridging centered over the Gulf Basin. To the north of
    this ridge, large-scale ridging within the mid-latitude westerlies
    is forecast to overspread much of the interior U.S., with a remnant
    downstream cyclone and associated troughing progressing across parts
    of the Northeast and Mid Atlantic.

    In lower levels, models generally indicate that a significant cold
    front will advance southeast of the lower Great Lakes and Ohio
    Valley, while stalling across parts of the Mid South into central
    Great Plains. However, this is likely to be preceded by a weaker
    front, largely driven or reinforced by outflow from Friday/Friday
    night convection.

    …Mid Atlantic…
    Strong convectively augmented westerly lower/mid-tropospheric flow
    (in excess of 50 kt in the 850-700 mb layer) is likely to spread
    east of the Allegheny and Blue Ridge Mountains, coincident with the
    convective outflow boundary by early Saturday. The extent and
    intensity of continuing convective development along the gust front
    at the outset of the period remains unclear. However, if the severe
    storm cluster from Friday night does not maintain strength with a
    continuing risk for severe wind gusts into and across the Mid
    Atlantic early Saturday, it is possible that destabilization ahead
    of the surface boundary could become sufficient for considerable
    re-intensification of thunderstorm activity along it, before it
    advances offshore.

    …Southeastern Great Plains…
    Beneath steep lower/mid-tropospheric lapse rates, models indicate
    that seasonably moist air will maintain a reservoir of large CAPE
    along and south of the initial pre-frontal wind shift/convective
    outflow, roughly across the Ark-La-Texas, and east of a sharpening
    dryline, across western North Texas toward the Del Rio TX area by
    late afternoon. Aided by forcing for ascent and strengthening
    westerly mid/upper flow associated with the subtropical
    perturbations, isolated to scattered supercells may initiate and
    propagate off the retreating dryline by late afternoon. Other
    strong to severe thunderstorm development is possible, aided by
    forcing for ascent associated with warm advection, where mid-level
    inhibition will be weaker along and north of the initial pre-frontal
    wind shift, and perhaps near the surface front across northern
    Oklahoma into north central Arkansas.

    ..Kerr.. 05/15/2025

    CLICK TO GET WUUS03 PTSDY3 PRODUCT

    NOTE: THE NEXT DAY 3 OUTLOOK IS SCHEDULED BY 1930Z

    MIL OSI USA News –

  • MIL-OSI USA: SPC – No MDs are in effect as of Thu May 15 12:13:02 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Mesoscale DiscussionsUpdated:  Thu May 15 12:31:02 UTC 2025

      All times are UTCNotice:  The responsibility for Heavy Rain Mesoscale Discussions has been transferred to the Weather Prediction Center (WPC) on April 9, 2013. Click here for the Service Change Notice.
    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

  • MIL-OSI USA: SPC – No watches are valid as of Thu May 15 12:13:02 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Convective Watches (View What is a Watch? clip)Updated:  Thu May 15 12:31:05 UTC 2025 No watches are currently valid

    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

  • MIL-OSI USA: CAHNR Commencement 2025: A Day of Pride, Celebration, and New Beginnings

    Source: US State of Connecticut

    On May 10, 2025, more than 600 students from UConn’s College of Agriculture, Health and Natural Resources (CAHNR) reached a major academic milestone as they officially became UConn graduates. Students were celebrated in true CAHNR fashion, with a horse processional, performance by student acapella singers, and a visit from both Jonathan XIV and XV. With cheers from family, friends, faculty, and staff, the graduates commemorated years of commitment and growth at the 146th Commencement.

    A Moment of Connection and Tradition

    The festivities began with a celebratory reception at the Student Union, offering graduates and their guests a chance to reconnect and reflect on their time at UConn. Soon after, the group gathered at the Field House to prepare for the traditional procession to the main event.

    In a much-loved revival of a pre-pandemic tradition, horses from CAHNR’s equine program led graduates along Hillside Road to Gampel Pavilion, setting the tone for the special ceremony ahead.

    Students at a CAHNR reception before 2025 Commencement (Jason Sheldon/UConn Photo)
    Students at a CAHNR reception before 2025 Commencement (Jason Sheldon/UConn Photo)
    CAHNR students lining up for 2025 Commencement processional. (Stella Dibernardo/UConn Photo)
    Karina Cangas ’25 (CAHNR) prior to Commencement. (Jason Sheldon/UConnPhoto)
    Students from the CAHNR Equine Program leading the student commencement processional. (Jason Sheldon/UConn Photo)
    CAHNR students proceeding to 2025 Commencement (Jason Sheldon/UConn Photo)

    A Ceremony to Remember

    Inside Gampel Pavilion, CAHNR faculty and staff joined the graduates for a ceremony filled with encouragement, reflection, and celebration. The event featured remarks from student speaker Eliza Demiri ’25 (Allied Health Sciences) and keynote speaker Rodney Butler ’99 (BUS), Chairman of the Mashantucket Pequot Tribal Nation.

    Butler expressed the value students can find in being open to where life takes them, whether it is anticipated or not:

    “It’s important to understand in live how much your paths can and will change, regardless of what you plan for. Life rarely follows a straight path, and often the directions we didn’t plan for lead to the most meaningful destinations.”

    The program was hosted by Kristen Govoni, associate dean for academic programs, and included additional remarks from Dean Chaubey, Prvosot D’Alleva, and other CAHNR leadership.

    CAHNR students are 2025 Commencement. (Stella Dibernardo/UConn Photo)
    Eliza Demiri ’25 (CAHNR) gives the student Commencement address. (Sydney Herdle/UConn Photo)
    Rodney Butler ’99 (BUS) provides the 2025 Commencement speech. (Sydney Herdle/UConn Photo)
    From left, Dean Indrajeet Chaubey, Provost Anne D’Alleva, and speaker Chairman of the Mashantucket Pequot Tribal Nation Rodney Butler ’99 (BUS). (Sydney Herdle/UConn Photo)
    CAHNR students at 2025 Commencement (Sydney Herdle/UConn Photo)
    CAHNR students at 2025 Commencement with Jonathans XIV and SV (Stella Dibernardo/UConn Photo)
    A Minor, Premiere A Cappella Group. Their graduating senior from CAHNR, Benjamin Angus an Environmental Sciences and Environmental and Natural Resources Economics major dressed in a cap and gown (Jason Herdle/UConn Photo)
    CAHNR students at Commencement 2025 (Stella Dibernardo/UConn Photo)
    CAHNR student at Commencement 2025. (Stella Dibernardo/UConn Photo)
    CAHNR students at Commencement 2025 (Stella Dibernardo/UConn Photo)
    CAHNR students at Commencement 2025 (Sydney Herdle/UConn Photo)

    Cheers to the Future

    As the ceremony concluded, the celebration continued outside Gampel Pavilion, where graduates gathered with family and friends to capture the moment with photos and plenty of smiles.

    The Class of 2025 leaves UConn with a wealth of knowledge, a foundation of real-world experiences, and lasting memories from their time in CAHNR. Wherever their journeys take them next, their future is bright and their UConn roots remain strong.

    CAHNR students after Commencement 2025 (Jason Sheldon/UConn Photo)
    CAHNR students after Commencement 2025 (Jason Sheldon/UConn Photo)
    Graduates of the College of Agriculture, Health and Natural Resources greet their families and friends outside Gampel Pavilion following the college’s Commencement ceremony on Saturday, May 10, 2025. (Sydney Herdle/UConn Photo)
    CAHNR students after Commencement 2025 (Sydney Herdle/UConn Photo)
    CAHNR students after Commencement 2025 (Sydney Herdle/UConn Photo)
    CAHNR students after Commencement 2025 (Sydney Herdle/UConn Photo)

    Other CAHNR Commencement Coverage

    Learn more about some of our featured graduates and this year’s Commencement speaker, Rodney Butler ’99.

    MIL OSI USA News –

  • MIL-OSI USA: Working to Understand Why Mercury Levels are so High in the Arctic

    Source: US State of Connecticut

    Mercury (Hg) is a naturally occurring element found across the globe, yet it becomes highly toxic as it accumulates up the food chain. Pollution from human activities has pumped increasing amounts of mercury into the atmosphere, and for reasons that are not well understood, the Arctic region has significantly higher levels of mercury, despite having a relatively sparse population and less pollution.

    Mercury is found in the environment as both inorganic and organic compounds, such as monomethylmercury (MMHg), which is the most bioavailable form of mercury that enters the food web and accumulates to toxic levels in wildlife and humans. Most people are exposed to MMHg from seafood consumption, but in the Arctic, people are at higher risk due to the consumption of marine mammals. Climate change also impacts Hg in polar regions, especially the increased melting of ice and glaciers, bringing changing inputs of Hg to the marine waters.

    To examine the cycling of Hg in the Arctic, a team of researchers, including UConn Department of Marine Science Professor Robert Mason and his students, Yipeng He and Hannah Inman, developed a study focused at the air-sea interface to answer questions about why mercury (Hg) levels are higher in the Arctic. Their findings from a research expedition in spring 2021 are published in Science Advances.

    One focus of the study was another organic form of Hg, dimethylmercury (DMHg), which is also very toxic, says Mason, and is found predominantly in deeper ocean waters but can cycle to the surface through upwelling of these waters. DMHg doesn’t accumulate to the same degree as MMHg in the food chain as it’s a dissolved gas in water. Another focus was MMHg, which can also be found in the atmosphere attached to aerosols or in precipitation and the source of this MMHg is highly debated.

    Mason and his team collected samples in the Arctic from the water, the surface snow on top of the ice, and the ice to analyze levels of MMHg. They found the snow contained significantly higher concentrations than the ice. (Contributed photo)

    Mason says some have wondered if this MMHg is the result of reactions taking place in the precipitation or in the atmosphere. Earlier studies found higher concentrations of mercury off the coast of California in cloud water and speculated about its sources so Mason says he and his research team were interested in focusing on the exchange of MMHg and DMHg at the sea-air interface in the Arctic to see if they could study these puzzling aspects of mercury cycling in more detail, specifically if DMHg originating from the upwelling of deep-sea waters in this area plays a critical role in how much MMHg ends up in the Arctic Ocean waters and in marine organisms.

    “Dimethylmercury can be lost from the ocean if it’s at high concentrations in the surface waters. The idea put forward was that in California, there must be an upwelling of deep ocean water to the surface that brings the dimethylmercury to the surface. However, no one had put all the bits together in one study,” Mason says.

    This is the first study to make all of the measurements in the atmosphere and seawater at the same time to piece together this dynamic puzzle and emphasizes the impacts DMHg can play in ecosystems far from the source.

    Mason says a key aspect of this research that enabled them to assemble the clues was the ability to take constant measurements of the forms of Hg in the atmosphere and surface waters while aboard a research cruise, and taking advantage of a new instrument his research group developed that allows for continuous, high-resolution collection of DMHg while the ship is moving.

    “Most research ships have a way of bringing surface water into the ship to measure the temperature, salinity, nutrients, and other chemicals. We developed an DMHg analyzer that could take a measurement every hour, and that was something no one had been able to do previously,” he says.

    The sampling took place aboard the research vessel Sikuliaq, which set off from Dutch Harbor, Alaska into the Bering and Chukchi Seas as far north as the ship could go because of ice, and then returned back to Seward, Alaska. Weather conditions and aspects of the landscape, such as permafrost, and the seascape, such as glaciers and sea ice impact mercury’s movement through Arctic ecosystems, and its transport from the atmosphere and terrestrial environment to the marine waters. On the return trip, the ship encountered upwelled waters off the coast of the Aleutian Islands. Here, the researchers found high concentrations of DMHg. Mason explains that DMHg is unstable in sunlight and is degraded to MMHg in surface waters.

    “Basically, the rate at which DMHg is coming up from the deep ocean to the surface has to be greater than the rate at which it’s being decomposed for it to escape to the atmosphere,” says Mason. “We took measurements of it and MMHg in the surface water, in the rain, and in the aerosols and found very high concentrations close to the source. Further north there was no more upwelling and the surface water sampled would have been sitting there since the ice retreated. Given that we were there in May and June, and we were following the retreating ice, the surface water is fresher because of the melting ice, and there’s very little mixing of that water because of density differences.”

    The cruise navigated through relatively shallow water and about 15 miles into ice, which Mason said was around a meter thick. As long as the coast was clear of polar bears, the researchers took turns leaving the ship to collect samples. Mason and his team collected samples from the water, the surface snow on top of the ice, and the ice. They tested the samples for MMHg and found the snow contained significantly higher concentrations than the ice.

    “The higher concentrations in this surface snow, which had been recently deposited on the ice, demonstrates the removal of methylmercury from the atmosphere, and that’s part of the story of why we saw decreasing concentrations away from the source,” says Mason.

    They determined the DMHg is coming out of the ocean, is transported north, and then degraded in the atmosphere to MMHg. This MMHg is then attached to the aerosol particles and removed by precipitation.

    “Our study showed that the amount of DMHg evaded to the atmosphere from the upwelling region was enough to account for the MMHg in the precipitation and aerosols over thousands of kilometers from the source,” says Mason.

    He explains that this makes it a complicated story, and is what has been the focus of much of his research on the exchange of Hg between the ocean and the atmosphere.

    “In addition to DMHg, elemental Hg is also a dissolved gas in water and its loss to the atmosphere is a major removal mechanism for ocean Hg. Inorganic Hg comes into the ocean from the atmosphere primarily, although in the Arctic coastal inputs from rivers, glaciers and groundwater are more important than other oceans,” says Mason. “Overall, Hg is moving back and forth all the time between the ocean and the atmosphere and the net input of inorganic Hg and MMHg is what controls the amount of MMHg in ocean waters and its bioaccumulation into organisms consumed by humans and wildlife.”

    MIL OSI USA News –

  • MIL-OSI USA: Neag School Receives $42K During UConn Gives 2025

    Source: US State of Connecticut

    Thanks to about 550 individuals, the Neag School of Education garnered over $27,000 in contributions during UConn Gives 2025, along with $15,000 in challenges and matching gifts. The annual University-wide fundraising event raised about $5.4 million overall for UConn, with incoming donations to support everything from scholarships and academic programs to student groups and athletics. The Neag School promoted its different education-affiliated funds during this year’s event, held on April 21 and 22. Out of the 42 Neag School funds, the top three finishers were:

    • UConn Husky Nutrition & Sport – $16,425 from 394 donors, including a $1,000 matching gift from Heather McDonald ’23 Ed.D., plus $10,000 from the President’s and Provost’s Project Leaderboard Challenge
    • Dr. Sue Saunders Higher Education & Student Affairs (HESA) Professional Development Fund – $2,550 from 84 donors, including a $500 matching gift from Saunders
    • Neag School Dean’s Fund – $1,242 from 12 donors, plus $5,000 from the President’s and Provost’s Unit Leaderboard Challenge

    Housed in the Neag School of Education, UConn HNS is a U.S. Department of Agriculture, AmeriCorps, small local foundation, and private donation-funded effort to engage youth, adult caregivers of children, and adults eligible to receive Supplemental Nutrition Assistance Program – Education (SNAP-Ed) in nutrition and physical education. The group collaborates with partners and educational programs across Connecticut, including a longtime partnership with the City of Hartford. Students and faculty across UConn engage with UConn HNS through academic courses; paid positions; professional and holistic development sessions; and research.

    “UConn HNS is appreciative of the efforts of its staff to spread the word and engage current students and our alumni network in UConn Gives,” says Jennifer McGarry, UConn HNS executive director and Neag School professor.  “In the current climate where many funding sources are in jeopardy, the impact of the donations and the leaderboard challenge funds is significant in our continued ability to engage with communities across the state of Connecticut.”

    The impact of the donations and the leaderboard challenge funds is significant in our continued ability to engage with communities across the state of Connecticut. &#8212 Jennifer McGarry, UConn HNS Executive Director

    This year, the Dr. Sue Saunders HESA Professional Development Fund also won a $500 matching gift challenge funded by Saunders.

    The fund was established to honor the commitment and dedication of Saunders, longtime director of the Higher Education and Student Affairs (HESA) program, and to support the development of graduate students in the program. The fund supports students who participate in professional development activities, including conferences, courses, webinars, association memberships, access to publications, research activities, and more.

    “The Dr. Sue Saunders HESA Professional Development Fund is vital in supporting the learning, growth, and development of HESA master’s students,” says Adam McCready, assistant professor-in-residence in the program. “Dr. Saunders’ matching gift and the gifts from alumni and other community members ensure that HESA students can continue to have access to these transformative professional development opportunities.”

    The third project, the Neag School Dean’s Fund, benefits faculty and students by advancing teaching, research, and policy development. This fund provides the dean with flexibility in supporting cutting-edge research and the School’s best and brightest students.

    “As a crowdfunding campaign, UConn Gives is only as powerful as the people behind it and, as this year’s results show, we have incredibly passionate advocates behind the Neag School,” Dean Jason G. Irizarry says. “Thank you to every alum, faculty member, staff member, or friend of the School who supported us during UConn Gives. Your kind generosity directly impacts our students, faculty, and community partners.”

    UConn Gives 2025 may be over, but you can still offer your support. Visit education.uconn.edu/giving-to-neag to learn more. 

    UConn Gives fundraising totals are approximate and may be adjusted as gifts continue to be tallied.

    MIL OSI USA News –

  • MIL-OSI Security: Police are appealing for information following the death of two kittens

    Source: United Kingdom London Metropolitan Police

    Police issue CCTV footage of two teenagers they would like to speak with after kittens killed

    The Met is appealing for the public’s help as they release CCTV of two teenagers they want to speak to after two kittens were tortured and killed in Ruislip.

    On Saturday, 3 May police received a report from a member of the public stating that two teenagers had allegedly dismembered two kittens in Ickenham Road, Ruislip.

    Police immediately launched an investigation into the circumstances and urgent enquiries have been carried out since the first report, but unfortunately, no arrests have been possible so far.

    Police Sergeant Babs Rock from the Met has turned to the public to ask for assistance. She said: “This is an incredibly distressing incident which I know has caused concern in the local community.

    “We are currently looking to speak with a young boy, described to be 5ft6 with short dark hair. He was wearing a dark jacket with long sleeves, with blue jeans on the day of the incident. He was also seen carrying a black duffel bag, which sadly is thought to have contained the kittens.

    “We would also like to speak with the young girl, who accompanied the boy, described to be 5ft6 with long red hair. She was wearing a white top with black shorts. She was also carrying a purple jumper, which she later puts on to wear.

    “If you know these two individuals then please come forward to us, we would like to speak with them as soon as possible.”

    If you have any concerns about this incident, then you can speak with your local neighbourhood officers who will be happy to support you.

    If you have any information then please come forward to police by calling 101 stating CAD3355/03MAY. You can also call Crimestoppers on 0800 555 111 to remain anonymous.

    MIL Security OSI –

  • MIL-OSI: T1 Energy Takes Steps to Bring Investment to G2_Austin Solar Cell Project

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, May 15, 2025 (GLOBE NEWSWIRE) — T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) announced this morning that the Company has entered into a Heads of Agreement to pursue an investment in the planned G2_Austin 5 GW solar cell manufacturing facility. The non-binding agreement was signed this week at a ceremony in Riyadh hosted by the Saudi Ministry of Investment (“MISA”) to commemorate the Trump administration’s ‘America First’ program and the Kingdom’s commitment to investing in critical U.S. energy infrastructure projects.

    “We wish to extend our sincerest appreciation to the Saudi Ministry of Investment for hosting our delegation. We are honored to sign this landmark agreement which is intended to bring in strategic capital to support America’s advanced manufacturing sector,” said Daniel Barcelo, T1’s Chief Executive Officer and Chairman of the Board. “The U.S. needs to establish a domestic solar manufacturing supply chain, and T1 is at the forefront of that mission with our world-class operating G1_Dallas facility and planned G2_Austin project. This agreement is a positive step towards an investment to accelerate our development plans and our strategy to become a U.S. solar energy leader built on domestic content and leading-edge technology.”

    Representatives from T1 and our Saudi partner, Manaar Gulf Saudi Arabia Ltd., signed the agreement on May 13th at a ceremony in Riyadh welcoming a U.S. delegation from the Trump administration and U.S. industrial partners to the Kingdom. The event promoted Gulf Corporation Council investment in America to support the ‘America First’ agenda.

    “T1 is grateful to be part of a larger conversation to reshore American manufacturing through cooperative efforts with our overseas industrial partners,” added Daniel Barcelo. “With this agreement in place, our teams will be working to secure this capital and advance T1’s mission to bring investment, jobs, and key supply chains to America. As this relationship develops, we are also pleased to examine complementary opportunities to invest in the Kingdom’s solar manufacturing sector.”

    About T1 Energy

    T1 Energy Inc. (NYSE: TE) is an energy solutions provider building an integrated U.S. supply chain for solar and batteries. In December 2024, T1 completed a transformative transaction, positioning the Company as one of the leading solar manufacturing companies in the United States, with a complementary solar and battery storage strategy. Based in the United States with plans to expand its operations in America, the Company is also exploring value optimization opportunities across its portfolio of assets in Europe.

    To learn more about T1, please visit www.T1energy.com and follow us on social media.

    Investor contact:

    Jeffrey Spittel
    EVP, Investor Relations and Corporate Development
    jeffrey.spittel@T1energy.com
    Tel: +1 409 599 5706

    Media contact:

    Russell Gold
    EVP, Strategic Communications
    russell.gold@T1energy.com
    Tel: +1 214 616 9715

    Cautionary Statement Concerning Forward-Looking Statements:

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation with respect to: a potential investment in G2 Austin; the Company’s ability to bring in strategic capital to support America’s advanced manufacturing sector; the Company being at the forefront of the development of domestic solar manufacturing supply chains; the Company’s development plans and strategy to become a U.S. solar energy leader built on domestic content and leading-edge technology; the investment by the Gulf Corporation Council in America to support the ‘America First’ agenda; T1’s participation in the reshoring of American manufacturing; the Company’s mission to bring investment, jobs and key supply chains to America; and any complementary opportunities that T1 may explore with respect to investments in the Kingdom’s solar manufacturing sector. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual future events, results, or achievements to be materially different from the Company’s expectations and projections expressed or implied by the forward-looking statements. Important factors include, but are not limited to, those discussed under the caption “Risk Factors” in (i) T1’s annual report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2025, as amended and supplemented by Amendment No. 1 on Form 10-K/A filed with the SEC on April 30, 2025, (ii) T1’s post-effective Amendment No. 1 to the Registration Statement on Form S-3 filed with the SEC on January 4, 2024, and (iii) T1’s Registration Statement on Form S-4 filed with the SEC on September 8, 2023 and subsequent amendments thereto filed on October 13, 2023, October 19, 2023 and October 31, 2023. All of the above referenced filings are available on the SEC’s website at www.sec.gov. Forward-looking statements speak only as of the date of this press release and are based on information available to the Company as of the date of this press release, and the Company assumes no obligation to update such forward-looking statements, all of which are expressly qualified by the statements in this section, whether as a result of new information, future events or otherwise, except as required by law.

    T1 intends to use its website as a channel of distribution to disclose information which may be of interest or material to investors and to communicate with investors and the public. Such disclosures will be included on T1’s website in the ‘Investor Relations’ section. T1, and its CEO and Chairman of the Board, Daniel Barcelo, also intend to use certain social media channels, including, but not limited to, X, LinkedIn and Instagram, as means of communicating with the public and investors about T1, its progress, products, and other matters. While not all the information that T1 or Daniel Barcelo post to their respective digital platforms may be deemed to be of a material nature, some information may be. As a result, T1 encourages investors and others interested to review the information that it and Daniel Barcelo posts and to monitor such portions of T1’s website and social media channels on a regular basis, in addition to following T1’s press releases, SEC filings, and public conference calls and webcasts. The contents of T1’s website and its and Daniel Barcelo’s social media channels shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

    The MIL Network –

  • MIL-OSI: Intchains Group Limited to Participate in the “Virtual Digital Assets Seminar” Presented by Benchmark Company on Tuesday, May 20th at 9:45 a.m. EDT

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 15, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications, today announced it will be attending The Benchmark Company’s first iteration of their Virtual Digital Assets Seminar on Tuesday, May 20th EDT. 

    The event features virtual Fireside Chats with dynamic public and private Digital Assets companies, moderated by Mark Palmer, Benchmark’s Fintech & Digital Assets Senior Analyst. These interactive conversations offer a platform for companies to share their growth strategies, market insights, and leadership perspectives in a format that encourages thoughtful dialogue and deeper investor engagement. The sessions are designed to spark long-term interest from Benchmark’s network of institutional investors.

    To register, please submit your request through the provided registration link: https://www.benchmarkcompany.com/digital-assets-virtual-seminar/

    About Intchains Group Limited

    Intchains Group Limited is a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications. For more information, please visit the Company’s website at: https://intchains.com/.

    About The Benchmark Company

    The Benchmark Company is an institutionally focused, research driven, sales trading and investment banking firm. We were founded in 1988 and are headquartered in New York City. Our focus is on fostering the long-term success of our corporate clients through raising capital, providing strategic advisory services, generating insightful research, and developing institutional sponsorship by leveraging the firm’s sales, trading, and equity research capabilities. https://www.benchmarkcompany.com.

    Contacts:

    Intchains Group Limited

    Investor relations
    Email: ir@intchains.com

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Launches Enterprise-Grade Security Framework Ahead of Nova App Release

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 15, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris has officially rolled out its enterprise-grade security framework, establishing the technical foundation for the upcoming Nova App launch and broader public participation in its blockchain ecosystem. Designed for scale, speed, and verifiability, this framework represents a critical step in the project’s roadmap toward secure global adoption.

    Dual-Layer Architecture for Proven Resilience

    At the heart of Bitcoin Solaris is a dual-layer blockchain system tailored to meet the evolving demands of decentralized infrastructure. The architecture divides responsibilities between two dedicated layers to optimize both security and performance:

    • The Base Layer secures the ledger through a hybrid consensus mechanism that combines Proof-of-Stake (PoS)with Proof-of-Capacity (PoC). This structure promotes decentralization while reducing energy consumption and preserving data integrity.
    • The Solaris Layer supports smart contract execution and high-throughput transaction processing using Proof-of-History (PoH) and Proof-of-Time (PoT). This allows the network to achieve sub-2-second finality and scale to over 10,000 transactions per second, accommodating real-time applications across DeFi, gaming, and identity solutions.

    This layered approach is designed to operate at the protocol level—not as an external scalability patch—delivering consistent, auditable performance under load.

    Independent Security Audits and Full KYC Verification

    Bitcoin Solaris has taken proactive steps to validate its security claims with independent third-party audits and verified project governance. Key milestones include:

    • Cyberscope Audit evaluated the entire smart contract stack for logical flaws, vulnerabilities, and attack vectors.
    • Freshcoins Audit examined token logic, emissions, and compliance with common Solidity standards.
    • KYC Verification confirmed the identity of the core team—an increasingly rare and important factor for trust.

    These audits were conducted as part of the network’s build phase, ensuring security measures are embedded in the protocol itself rather than applied reactively post-launch.

    Security at the Edge: Mobile Mining via Nova App

    In parallel with its enterprise-grade backend, Bitcoin Solaris is finalizing the launch of the Nova App, a smartphone-based mining application. Designed for accessibility, the app enables users to allocate unused device resources—such as idle CPU and storage—to participate in token mining.

    The system runs in the background with no need for staking, validator setup, or private key handling. All mining logic and reward calculations are processed through the same audited smart contracts that govern the Solaris Layer, providing a secure and transparent user experience from end to end.

    Fixed Supply and Predictable Emissions

    Bitcoin Solaris maintains a fixed supply of 21 million BTC-S tokens, following a halving-based emission model similar to traditional sound money systems. There is no inflation, and token creation is governed entirely by protocol logic.

    The project is currently in Presale Phase 3, with BTC-S priced at 3 USDT. Only 4.2 million tokens (20%) are allocated for this phase, and the price will rise to 4 USDT in Phase 4. This structured release supports long-term stability while rewarding early network participants.

    In a detailed video walkthrough, Crypto Chino explores how Bitcoin Solaris’s security framework stacks up against projects like Dogecoin, which have cultural appeal but minimal infrastructure oversight. The video highlights the architectural design, Nova App integration, and why formal audits are more than just paperwork — they’re essential to building user trust.

    Built for Trust, Designed for Growth

    Bitcoin Solaris is building a blockchain ecosystem that aligns with the demands of real-world use—security, speed, transparency, and accessibility. From its dual-consensus architecture to its audited smart contract layer and mobile-first mining app, the project aims to deliver infrastructure that is both future-ready and user-friendly.

    With the Nova App set to roll out in the coming weeks and public participation expanding rapidly, Bitcoin Solaris is establishing itself as a secure, scalable platform for the next generation of blockchain users.

    Website: https://bitcoinsolaris.com
    X (Twitter): https://x.com/BitcoinSolaris
    Telegram: https://t.me/Bitcoinsolaris

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9c5eba49-6baa-48dd-8328-4b81ad6cefe6

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    The MIL Network –

  • MIL-OSI: Nuvini Group Completes Acquisition of B2B SaaS Platform Munddi

    Source: GlobeNewswire (MIL-OSI)

    ~ Successfully Marks the First of Four Anticipated Acquisitions in 2025 ~

    ~ Creates New Synergies to Drive Revenue Growth and Enhance NVNI’s Ecosystem of B2B SaaS Solutions across Latin America ~

    NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private B2B SaaS companies in Latin America, today announced that it has completed its previously announced acquisition of Munddi Soluções em Tecnologia Ltda. – ME (“Munddi”), an online platform that connects brands with consumers, suppliers, and retail chains based in São Paulo, Brazil. This successfully marks the first of four planned acquisitions in 2025 as part of Nuvini’s ongoing expansion strategy, creating new synergies to drive revenue growth and enhance its ecosystem of B2B solutions across Latin America.

    “We are excited to announce the acquisition of Munddi has been completed, reflecting our commitment to execute on our strategy of acquiring, managing, and scaling companies that add strategic value to our network,” said Pierre Schurmann, CEO of Nuvini. “This acquisition will unlock cross-selling opportunities across our ecosystem of B2B SaaS solutions, particularly as it relates to our retail and supply chain solutions consisting of Onclick, Leadlovers, and Mercos. By the end of the year, we expect to close three additional acquisitions and we are optimistic for the future of Nuvini as we further enhance our positioning as the leading B2B SaaS solutions provider across Latin America and continue to drive shareholder value.”

    About Munddi
    Founded in 2015, Munddi helps small retailers acquire new customers by providing strategic insights and facilitating online product sourcing from regional suppliers. The platform empowers both manufacturers and retailers with data-driven business opportunities, streamlining the connection between buyers and sellers in the retail supply chain.

    About Nuvini
    Headquartered in São Paulo, Brazil, Nuvini is Latin America’s leading private serial acquirer of B2B SaaS companies. The company focuses on acquiring profitable, high-growth SaaS businesses with strong recurring revenue and cash flow generation. By fostering an entrepreneurial environment, Nuvini enables its portfolio companies to scale and maintain leadership within their respective industries. The company’s long-term vision is to buy, retain, and create value through strategic partnerships and operational expertise.

    Disclaimer and Forward-Looking Statements

    Any obligation of the Company under the Term Sheet is subject to, among other things, the execution of the relevant definitive transaction documents, the result of a due diligence on Munddi, the satisfaction of conditions precedent for a transaction of this nature. There can be no assurance that any definitive transaction agreements will be entered into or that the potential Munddi acquisition will be consummated on the terms set forth herein, or at all. Therefore, it is possible that such potential acquisition may never occur.

    Statements about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the potential Munddi acquisition and the Term Sheet, including the Concurrent Investment and the other terms thereof. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, without limitation: the Company’s ability to negotiate and enter into a definitive agreement with respect to the potential Munddi acquisition or any other alternative proposals on terms satisfactory to the Company, as well as the desirability of any such potential Munddi acquisition compared to alternatives which may be available to the Company; if a definitive agreement is reached, the Company’s ability to complete the potential acquisition on the anticipated timeline or at all,; general market conditions that could affect the consummation of the potential acquisition; if definitive documents with respect to a potential acquisition are executed, whether the parties will achieve any of the anticipated benefits of any such Proposed Transaction; and other factors discussed in the “Risk Factors” section of the Company’s Quarterly and Annual Reports filed with the SEC, and the risks described in other filings that the Company may make with the SEC. Any forward-looking statements speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    Investor Relations Contact
    Sofia Toledo
    ir@nuvini.co

    MZ North America
    NVNI@mzgroup.us

    The MIL Network –

  • MIL-OSI: Cerence to Participate in Two Upcoming Investor Conferences

    Source: GlobeNewswire (MIL-OSI)

    BURLINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that the company will participate in two upcoming investor conferences.

    On Thursday, May 29, 2025, at 10:50 a.m. ET, Tony Rodriquez, the Company’s CFO, will participate in a fireside chat at the TD Cowen 53rd Annual Technology, Media and Telecom Conference.

    On Tuesday, June 10, 2025, at 12:30 p.m. ET, Mr. Rodriquez will participate in a fireside chat at the Evercore ISI Global Automotive OEM, Dealer & Supplier Conference.

    Live webcasts of the events will be available on the Company’s website at www.cerence.ai under the “Investors” section. Replays of the webcasts will be available for 90 days after the events.

    To learn more about Cerence AI, visit www.cerence.ai, and follow the company on LinkedIn.

    About Cerence Inc.
    Cerence Inc. (NASDAQ: CRNC) is a global industry leader in creating intuitive, seamless, AI-powered experiences across automotive and transportation. Leveraging decades of innovation and expertise in voice, generative AI, and large language models, Cerence powers integrated experiences that create safer, more connected, and more enjoyable journeys for drivers and passengers alike. With more than 500 million cars shipped with Cerence technology, the company partners with leading automakers, transportation OEMs, and technology companies to advance the next generation of user experiences. Cerence is headquartered in Burlington, Massachusetts, with operations globally and a worldwide team dedicated to pushing the boundaries of AI innovation. For more information, visit www.cerence.ai.

    The MIL Network –

  • MIL-OSI: Fold Introduces the Most Convenient Way to Buy and Share Bitcoin with New Bitcoin Gift Card

    Source: GlobeNewswire (MIL-OSI)

    PHOENIX, May 15, 2025 (GLOBE NEWSWIRE) — Fold Holdings, Inc. (NASDAQ: FLD) (“Fold”), the first publicly traded bitcoin financial services company, is revolutionizing how consumers acquire and share bitcoin with the launch of the Fold Bitcoin Gift Card. Built with Fold’s proprietary technology, this innovative new offering makes buying and gifting bitcoin as simple as purchasing a traditional gift card.

    Gift cards represent an over $300 billion market, with 84% of consumers transacting with them annually. Inspired by the success of alternative financial assets in retail, such as Costco’s $200 million in monthly gold sales, Fold is paving the way for bitcoin to be integrated into the traditional gift card market.

    “Our mission is to make bitcoin simple and approachable for everyone. The Bitcoin Gift Card brings bitcoin to millions of Americans in a familiar way,” said Will Reeves, Chairman and CEO of Fold. “Available at the places people already shop, the Bitcoin Gift Card is the best way to gift bitcoin to others.”

    Starting today, the Fold Bitcoin Gift Card is available through Fold’s website at FoldApp.com/bitcoin-gift-card. In the coming months, Fold will expand the availability of the product to online and physical retail locations nationwide, making bitcoin accessible at the stores consumers know and trust.

    Fold’s Bitcoin Gift Card was developed in partnership with Totus. With access to over 150,000 points of distribution nationwide, Totus will enable Fold to distribute its Bitcoin Gift Card broadly across the nation’s retail footprint.

    About Fold

    Fold (NASDAQ: FLD) is the first publicly traded bitcoin financial services company, making it easy for individuals and businesses to earn, save, and use bitcoin. With over 1,485 BTC in its treasury, Fold is at the forefront of integrating bitcoin into everyday financial experiences. Through innovative products like the Fold App, Fold Credit Card, Bitcoin Gift Card, and Fold Card, the company is building the bridge between traditional finance and the bitcoin-powered future.

    About Totus

    Totus is the leading provider of gift card issuance and program management services for digitally native, consumer-obsessed retailers. Through the Totus Gift Card Network, retailers can reach new customers, reward existing ones, and get their brand in places it’s never been before without having to take on any of the risks or complexity.

    For investor inquiries, please contact:
    Orange Group
    Samir Jain, CFA
    FoldIR@orangegroupadvisors.com

    For media inquiries, please contact:
    Elev8
    Jessica Starman, MBA
    media@foldapp.com

    The MIL Network –

  • MIL-OSI: Bitcoin Depot Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Q1 Revenue up 19% Year-Over-Year to $164.2 Million

    Q1 Net Income up Significantly to $12.2 Million Compared to a Net Loss of $4.2 Million in the Prior Year Quarter

    Q1 Adjusted Gross Profit up 92% Year-Over-Year to $33.1 Million

    Q1 Adjusted EBITDA up 315% Year-Over-Year to $20.3 Million

    Q1 Cash from Operations of $16.3 Million

    ATLANTA, May 15, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot Inc. (Nasdaq: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the first quarter ended March 31, 2025. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com.

    “Bitcoin Depot delivered a remarkable first quarter, with 19% year-over-year revenue growth and a more than threefold increase in Adjusted EBITDA to $20 million,” said Brandon Mintz, Founder and CEO of Bitcoin Depot. “This performance demonstrates the strength of our operating model, the success of our kiosk optimization strategy, and the powerful cash flow we can generate once fixed costs are covered. In fact, with the cash generated in Q1, we strengthened our balance sheet by increasing our bitcoin holdings and building our cash balance, positioning us for continued growth and flexibility. Looking ahead, we remain focused on scaling responsibly, both domestically and internationally, while delivering sustained value to both our customers and shareholders.”

    First Quarter 2025 Financial Results

    Revenue in the first quarter of 2025 increased 19% to $164.2 million compared to $138.5 million in the first quarter of 2024. This increase was driven by increased kiosk deployment and higher median transaction size. 

    Total operating expenses declined 7% to $15.3 million for the first quarter of 2025 compared to $16.6 million for the first quarter of 2024 due to lower depreciation expense and insurance costs as the Company continues to optimize its cost structure as a steady-state public company.

    Net income for the first quarter of 2025 increased significantly to $12.2 million, compared to a net loss of $4.2 million for the first quarter of 2024. Net income attributable to common shareholders increased to $4.2 million, or $0.20 per share, from a net loss of $1.5 million, or ($0.25) per share, in last year’s first quarter. The increase was due to higher revenue and gross profit in 2025.

    Adjusted gross profit, a non-GAAP measure, in the first quarter of 2025 increased 92% to $33.1 million from $17.3 million for the first quarter of 2024. Adjusted gross profit margin, a non-GAAP measure, in the first quarter of 2025 increased approximately 770 basis points to 20.2% compared to 12.5% in the first quarter of 2024. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Adjusted EBITDA, a non-GAAP measure, in the first quarter of 2025 increased 315% to $20.3 million compared to $4.9 million for the first quarter of 2024. The increase was primarily due to the higher revenue and gross profit. Please see “Explanation and Reconciliation of Non-GAAP Financial Measures” below.

    Cash, cash equivalents, and cryptocurrencies as of March 31, 2025, were $43.3 million compared to $31.0 million at the end of 2024. The company used $7.8 million in the first quarter of 2025 to acquire 83 more Bitcoin, bringing the total held for investment to 94.35 BTC.

    Net cash flows provided by operations in the first quarter of 2025 were up significantly to $16.3 million compared to $1.3 million in the first quarter of 2024.

    Outlook

    The Company expects revenue in the second quarter of 2025 to grow low-to-mid-single digits on a percentage basis from the second quarter of 2024.

    Conference Call

    Bitcoin Depot will hold a conference call at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) today to discuss its financial results for the first quarter ended March 31, 2025.

    Call Date: Thursday, May 15, 2025 
    Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time) 

    Phone Instructions
    U.S. and Canada (toll-free): 888-596-4144
    U.S. (toll): 646-968-2525
    Conference ID: 4520708

    Webcast Instructions
    Webcast link: https://edge.media-server.com/mmc/p/akdxpm7o

    A replay of the call will be available beginning after 2:00 p.m. Eastern time through May 22, 2025.

    U.S. & Canada (toll-free) replay number: 800-770-2030
    U.S. toll number: 609-800-9909
    Conference ID: 4520708

    If you have any difficulty connecting with the conference call, please contact Bitcoin Depot’s investor relations team at 1-949-574-3860.

    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.

       
    BITCOIN DEPOT INC.
    CONSOLIDATED STATEMENTS OF (LOSS) INCOME
    (in thousands, except share and per share amounts)
    (UNAUDITED)    		  
       
      Three Months Ended March 31,  
      2025     2024  
    Revenue $ 164,226     $ 138,539  
    Cost of revenue (excluding depreciation and amortization)   131,091       121,287  
    Operating expenses:          
    Selling, general, and administrative   13,440       13,606  
    Depreciation and amortization   1,897       2,947  
    Total operating expenses   15,337       16,553  
    Income from operations   17,798       699  
    Other (expense) income:          
    Interest (expense)   (3,068 )     (4,944 )
    Other income (expense)   (1,090 )     6  
    Gain (loss) on foreign currency transactions   (13 )     (127 )
    Income (Loss) before provision for income taxes and non-controlling interest   13,627       (4,366 )
    Income tax (expense) benefit   (1,452 )     138  
    Net income (loss) $ 12,175     $ (4,228 )
    Net income (loss) attributable to non-controlling interest   7,983       (2,690 )
    Net income (loss) attributable to common stockholders $ 4,192     $ (1,538 )
               
    Net income per share of common stock – basic and diluted $ 0.20     $ (0.25 )
               
    Weighted average number of common shares outstanding – basic and diluted   21,359,864       16,616,864  
       
    BITCOIN DEPOT INC.
    CONSOLIDATED BALANCE SHEETS
    (in thousands, except share and per share amounts)    		  
       
                 
        March 31, 2025
    (unaudited)    		     December 31,
    2024    		  
    Assets            
    Current:            
    Cash and cash equivalents   $ 34,962     $ 29,472  
    Cryptocurrencies     8,384       1,510  
    Accounts receivable     147       275  
    Prepaid expenses and other current assets     2,111       3,076  
    Total current assets     45,604       34,333  
    Property and equipment:            
    Furniture and fixtures     635       635  
    Leasehold improvements     172       172  
    Kiosk machines – owned     37,854       36,831  
    Kiosk machines – leased     8,954       10,367  
    Total property and equipment     47,615       48,005  
    Less: accumulated depreciation     (21,916 )     (21,158 )
    Total property and equipment, net     25,699       26,847  
    Intangible assets, net     1,946       2,320  
    Goodwill     8,717       8,717  
    Operating lease right-of-use assets, net     2,336       2,595  
    Deposits     859       734  
    Deferred tax assets     4,558       4,558  
    Total assets   $ 89,719     $ 80,104  
       
    BITCOIN DEPOT INC.
    CONSOLIDATED BALANCE SHEETS
    (in thousands, except share and per share amounts)    		  
       
           
        March 31, 2025
    (unaudited)    		     December 31, 2024  
    Liabilities and Stockholders’ (Deficit) Equity            
    Current:            
    Accounts payable   $ 9,200     $ 11,557  
    Accrued expenses and other current liabilities     14,060       14,260  
    Notes payable, current portion     8,535       6,022  
    Income taxes payable     3,328       2,207  
    Deferred revenue     301       20  
    Operating lease liabilities, current portion     818       858  
    Current installments of obligations under finance leases     3,431       3,446  
    Other non-income tax payable     2,259       2,259  
    Total current liabilities     41,932       40,629  
    Long-term liabilities            
    Notes payable, non-current     46,946       49,457  
    Operating lease liabilities, non-current     1,534       1,774  
    Obligations under finance leases, non-current     1,119       1,950  
    Deferred income tax, net     604       604  
    Tax receivable agreement liability due to related party, non-current     2,176       2,176  
    Total Liabilities     94,311       96,590  
    Commitments and Contingencies (Note 19)            
    Stockholders’ (Deficit) Equity            
    Series A Preferred Stock, $0.0001 par value; 50,000,000 authorized, 0 and 1,733,884 shares issued and outstanding, at March 31, 2025 and December 31, 2024, respectively     —       —  
    Class A common stock, $0.0001 par value; 800,000,000 authorized, 22,746,330 and 19,263,164 shares issued, and 22,555,710 and 19,072,544 shares outstanding at March 31, 2025 and December 31, 2024, respectively     2       1  
    Class E common stock, $0.0001 par value; 2,250,000 authorized, 0 and 1,075,761 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively     —       —  
    Class V common stock, $0.0001 par value; 300,000,000 authorized, 41,193,024 shares issued and outstanding at March 31, 2025 and December 31, 2024     4       4  
    Treasury stock     (437 )     (437 )
    Additional paid-in capital     22,829       21,491  
    Accumulated deficit     (39,304 )     (44,349 )
    Accumulated other comprehensive loss     (256 )     (342 )
    Total Stockholders’ (Deficit) Attributable to Bitcoin Depot Inc.     (17,162 )     (23,632 )
    Equity attributable to non-controlling interests     12,570       7,146  
    Total Stockholders’ (Deficit) Equity     (4,592 )     (16,486 )
    Total Liabilities and Stockholders’ (Deficit) Equity   $ 89,719     $ 80,104  
       
    BITCOIN DEPOT INC.
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    (in thousands, except share and per share amounts)
     (UNAUDITED)    		  
       
        Three Months Ended March 31,  
        2025     2024  
    Cash flows from Operating Activities:            
    Net income (loss)   $ 12,175     $ (4,228 )
    Adjustments to reconcile net income (loss) to net cash provided by operating activities:            
    Amortization of deferred financing costs     204       544  
    Depreciation and amortization     1,897       2,947  
    Non-cash share-based compensation     368       897  
    Purchase of services in cryptocurrencies     268       347  
    Unrealized loss on cryptocurrencies     1,650       —  
    Deferred taxes     —       5  
    Write-off of deferred financing costs     —       3,136  
    Loss on disposal of property and equipment     9       26  
    Reduction in carrying amount of right-of-use assets     215       49  
    Cryptocurrency received as payment     (290 )     (485 )
    Other            
    Change in operating assets and liabilities:            
    Deposits     (124 )     (165 )
    Accounts receivable     128       (104 )
    Cryptocurrencies     173       409  
    Prepaid expenses and other current assets     965       (364 )
    Accounts payable     (2,357 )     2,241  
    Accrued expenses and other current liabilities     (198 )     (4,524 )
    Income taxes payable     1,121       61  
    Other non-income tax payable     —       2  
    Deferred revenue     281       615  
    Operating leases, net     (235 )     (62 )
    Net Cash Flows Provided by Operations     16,250       1,347  
    Cash flows from Investing Activities:            
    Acquisition of property and equipment     (385 )     (558 )
    Acquisition of Bitcoin for investment     (7,824 )     —  
    Net Cash Flows Used In Investing Activities     (8,209 )     (558 )
    Cash flows from Financing Activities:            
    Proceeds from issuance of notes payable     6,376       15,191  
    Principal payments on notes payable     (6,415 )     (639 )
    Principal payments on finance lease     (846 )     (1,896 )
    Payment of deferred financing costs     (163 )     (19 )
    Proceeds from issuance of common stock, net     978       —  
    Purchase of treasury stock     —       (158 )
    Distributions     (2,477 )     (916 )
    Net Cash Flows (Used In) Provided by Financing Activities     (2,547 )     11,563  
    Effect of exchange rate changed on cash and cash equivalents     (4 )     40  
    Net change in cash and cash equivalents     5,490       12,392  
    Cash and cash equivalents – beginning of period     29,472       29,759  
    Cash and cash equivalents – end of period   $ 34,962     $ 42,151  


    Explanation and Reconciliation of Non-GAAP Financial Measures

    Bitcoin Depot reports its financial results in accordance with accounting principles generally accepted in the United States of America (“GAAP”). This press release includes both historical and projected Adjusted EBITDA, Adjusted Gross Profit, and certain ratios and other metrics derived therefrom such as Adjusted EBITDA margin and Adjusted Gross Profit margin, which are not prepared in accordance with GAAP.

    Bitcoin Depot defines Adjusted EBITDA as net income before interest expense, income tax expense, depreciation and amortization, non-recurring expenses, share-based compensation, expenses related to the PIPE financing and miscellaneous cost adjustments. Such items are excluded from Adjusted EBITDA because these items are non-cash in nature, or because the amount and timing of these items is unpredictable, not driven by core results of operations and renders comparisons with prior periods and competitors less meaningful. In addition, Bitcoin Depot defines Adjusted Gross Profit (a non-GAAP financial measure) as revenue less cost of revenue (excluding depreciation and amortization) and depreciation and amortization adjusted to add back depreciation and amortization. Bitcoin Depot believes Adjusted EBITDA and Adjusted Gross Profit each provide useful information to investors and others in understanding and evaluating Bitcoin Depot’s results of operations, as well as provide a useful measure for period-to-period comparisons of Bitcoin Depot’s business performance. Adjusted EBITDA and Adjusted Gross Profit are each key measurements used internally by management to make operating decisions, including those related to operating expenses, evaluate performance and perform strategic and financial planning. However, you should be aware that Adjusted EBITDA and Adjusted Gross Profit are not measures of financial performance calculated in accordance with GAAP and may exclude items that are significant in understanding and assessing Bitcoin Depot’s financial results, and further, that Bitcoin Depot may incur future expenses similar to those excluded when calculating these measures. Bitcoin Depot primarily relies on GAAP results and uses both Adjusted EBITDA and Adjusted Gross Profit on a supplemental basis. Neither Adjusted EBITDA or Adjusted Gross Profit should be considered in isolation from, or as an alternative to, net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP and may not be indicative of Bitcoin Depot’s historical or future operating results. Bitcoin Depot’s computation of both Adjusted EBITDA and Adjusted Gross Profit may not be comparable to other similarly titled measures computed by other companies because not all companies calculate such measures in the same fashion. As such, undue reliance should not be placed on such measures.

    Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from the projections of Adjusted EBITDA, together with some of the excluded information not being ascertainable or accessible, Bitcoin Depot is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included.

    The following table presents a reconciliation of Net (loss) income to Adjusted EBITDA for the periods indicated: 

    BITCOIN DEPOT INC.
    RECONCILIATION OF NET (LOSS) INCOME TO ADJUSTED EBITDA
    (UNAUDITED)    		  
       
        Three Months Ended March 31,  
    (in thousands)   2025     2024  
    Net (loss) income   $ 12,175     $ (4,228 )
    Adjustments:            
    Interest expense     3,068       4,944  
    Income tax expense (benefit)     1,452       (138 )
    Depreciation and amortization     1,897       2,947  
    Unrealized loss on cryptocurrency held for investment     1,094       —  
    Non-recurring expenses (1)     239       463  
    Share-based compensation     368       897  
    Adjusted EBITDA   $ 20,293     $ 4,885  
    Adjusted EBITDA margin (2)     12.4 %     3.5 %

    (1)    Comprised of non-recurring professional service fees.
    (2)    Adjusted EBITDA margin is defined as Adjusted EBITDA divided by revenue. The Company uses this measure to evaluate its overall profitability.

    The following table presents a reconciliation of revenue to Adjusted Gross Profit for the periods indicated:

    BITCOIN DEPOT INC.
    RECONCILIATION OF REVENUE TO ADJUSTED GROSS PROFIT
    (UNAUDITED)    		  
       
      Three Months Ended March 31,  
    (in thousands) 2025     2024  
    Revenue $ 164,226     $ 138,539  
    Cost of revenue (excluding depreciation and amortization) $ (131,091 )     (121,287 )
    Depreciation and amortization excluded from cost of revenue   (1,891 )     (2,881 )
    Gross Profit $ 31,244     $ 14,371  
    Adjustments:          
    Depreciation and amortization excluded from cost of revenue $ 1,891     $ 2,881  
    Adjusted Gross Profit $ 33,135     $ 17,252  
    Gross Profit Margin (1)   19.0 %     10.4 %
    Adjusted Gross Profit Margin (1)   20.2 %     12.5 %

     (1) Calculated as a percentage of revenue.

    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: Moore & Giles Elevates Customer Experience and Brand Agility with BigCommerce

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, May 15, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced that Moore & Giles, a leading global leather supplier through Moore & Giles Leather and a purveyor of refined leather bags, accessories, home goods and furniture via Moore & Giles, has launched new websites on the BigCommerce platform. The innovative new online storefronts elevate Moore & Giles’ digital presence with a scalable, high-performance platform that reflects the brand’s dedication to quality, craftsmanship and customer experience.

    Built on BigCommerce’s flexible Stencil framework and in partnership with Zaelab, a leading digital commerce consultancy, the new DTC and B2B storefronts deliver the freedom and control Moore & Giles needed to execute bold marketing and merchandising strategies. The result is a refined, high-performance experience that enhances the company’s ability to manage and scale its digital presence, while staying true to its values of craftsmanship, sustainability, and innovation.

    “BigCommerce and Zaelab helped us build a modern, flexible foundation that not only works better for our team, but also elevates the shopping experience for our customers—whether they’re ordering leather samples or shopping for a weekend bag,” said Janine Coleman, ecommerce manager at Moore & Giles. “With a scalable, easy-to-manage solution, our team can execute marketing and merchandising strategies more effectively than ever before.”

    “Moore & Giles turned to Zaelab to bring their legacy of craftsmanship to life through a digital experience that’s as refined, adaptable, and forward-thinking as their brand,” said Joey Hoer, business systems analyst at Zaelab. “The Moore & Giles theme is a testament to what’s possible on BigCommerce and proof that BigCommerce can power visually rich, brand-authentic experiences without compromising flexibility or maintainability. By replatforming to BigCommerce and delivering a fully customizable theme, we’ve transformed how they manage content and design. The result is a powerful yet intuitive theme that supports two distinct storefronts, each tailored to unique audiences, all within a unified, flexible design system that’s easy to update and cost-effective to maintain.”

    The new implementation supports both Moore & Giles’ consumer-facing DTC and B2B websites with a unified theme. Both the DTC and B2B sites feature ERP and PIM integrations, implemented by Shout it Louder, to ensure real-time syncing of product, pricing and inventory data and accuracy across the sites, reducing manual effort and improving operational efficiency. The B2B infrastructure is designed to deliver a tailored, immersive experience for wholesale buyers while preserving brand consistency across both digital storefronts.

    The robust ecommerce foundation for Moore & Giles’ DTC site accommodates three distinct product categories – Finished Goods, Furniture and Wholesale Leather – each with a shopping experience customized to its audience. To enhance product discovery and customer engagement, the new theme includes:

    • 360° Product Viewer powered by Cylindo for real-time leather and color configuration
    • Dynamic Product Badging for attributes like “Pre-Order” and “Limited Edition”
    • Interactive Product Cards with rollover images and variant swatches
    • Enhanced Filtering for Furniture (e.g., “Made to Order” vs. “Ready to Ship”)
    • Seamless Monogramming with automatic price calculations
    • Filterable Variants and default variant logic by category

    Moore & Giles’ B2B storefront streamlines sample ordering for trade professionals, functioning as both a self-service resource and a tool for sales reps to offer tailored support. The experience is designed to enhance efficiency and maintain consistency across all interactions. Key features include:

    • Find a Rep Tool: API-powered functionality that connects buyers with their dedicated sales representative for personalized support and streamlined communication.
    • Gated Content by Customer Group: Logged-in users are shown custom product assortments, pricing, and promotions based on their account profile, ensuring a curated and relevant experience.
    • Variant Listing Pages: A grid-style layout that mimics category pages, allowing buyers to easily browse, compare, and bulk-add multiple SKUs—ideal for ordering leather samples in volume.
    • Product Comparison Tool: Enables side-by-side evaluation of wholesale leather options, helping B2B buyers make informed purchasing decisions.

    Behind the scenes, the Moore & Giles marketing team benefits from a highly agile content management setup. With over 30 custom widgets, drag-and-drop functionality through Page Builder and JSON-powered modules, the team can launch campaigns, adjust layouts and update content without developer involvement, dramatically reducing time to market.

    Since launching the new site, Moore & Giles has already seen measurable improvements in design flexibility, site speed and overall performance. By leveraging native BigCommerce functionality such as metafields and the GraphQL API, the company has established a future-ready ecommerce presence built for continued growth.

    “Moore & Giles exemplifies the kind of forward-thinking brand we love to support,” said Al Williams, general manager of B2C at BigCommerce. “By embracing the flexibility and scalability of our platform for both DTC and B2B, they’ve been able to deliver a beautifully branded shopping experience for customers and wholesalers while improving operational efficiency and enabling their team to act faster to support all of their customers. It’s a great example of what’s possible with BigCommerce.”

    Moore & Giles was recently honored as the recipient of BigCommerce’s 2025 Shopper Experience Award in the Americas region, acknowledging exceptional customer and user experiences that set new standards.

    Moore & Giles joins a growing list of fashion and apparel brands on BigCommerce, including Saddleback Leather Company, AS Colour and Grenson.

    About BigCommerce
    BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network –

  • MIL-OSI: CORA Group Announces the Appointment of Beth McCoy to President of CORA Loyalty

    Source: GlobeNewswire (MIL-OSI)

    WARMINSTER, Pa., May 15, 2025 (GLOBE NEWSWIRE) — CORA Group (“CORA”), an operating portfolio of Jonas Software, a subsidiary of Constellation Software Inc., announced today that Beth McCoy was promoted to President of CORA Loyalty, reporting to Denis Brosnan, Portfolio CEO at CORA Group. Her primary focus will be driving organic growth and ensuring operational excellence for CORA Loyalty.

    “I am honored to lead the growth and execution for CORA Loyalty,” said Beth McCoy. “The loyalty portfolio has expanded significantly as of late, adding complementary solutions that position it for solid organic growth. Seven years spent driving business strategy and operational efficiencies at RewardOps has given me the technical and cultural insights needed to position the group for success. I look forward to collaborating with the talented team and building business opportunities across the CORA Loyalty portfolio.”

    Beth became President of RewardOps in 2022 after joining as Vice President of Partnerships in 2018. Previously, she served as the Vice President of MyAXS Inc., a Canadian Loyalty and Incentive Company, and worked with The Fairlane Group, a global leader in the development and execution of full-service customer loyalty and employee recognition programs. She will continue leading RewardOps in addition to her new responsibilities overseeing Points at Work, Carlson Marketing Solutions and building the unified CORA Loyalty brand.

    “Working with Beth and seeing firsthand the impact she has made at RewardOps has been a highlight of my career,” said Denis Brosnan, Portfolio CEO of CORA Group. “She is a natural leader, she knows the business and she will drive CORA Loyalty to the next level. Under Beth’s leadership, CORA Loyalty will continue its trajectory of growth, serving enterprise customers worldwide.”

    About CORA Group
    CORA Group is a collective organization redefining advancement through the acquisition, strengthening, and growth of over 30 independent software brands worldwide. Our roots in construction and food service have expanded to include debt collection & recovery, wine/spirits, moving/storage, loyalty, legal, and long-term care verticals. Today, we are proud to serve over 50,000 customers in 10+ markets with industry-leading enterprise software and related services. CORA operates as one of the primary operating groups under Jonas Software, a subsidiary of Constellation Software Inc. This relationship reinforces CORA’s commitment to delivering industry-leading solutions and benefiting from the extensive resources and support provided by Jonas Software and Constellation Software Inc.

    MEDIA CONTACT:
    George Chalmers
    Director, M&A Corporate Development
    george.chalmers@thecoragroup.com 
    https://www.coraloyalty.com

    The MIL Network –

  • MIL-OSI: Fresca Group Selects insightsoftware to Transform its Financial Consolidation and Disclosure Management Processes

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., May 15, 2025 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, today announced Fresca Group, one of the UK’s largest fresh produce businesses, will deploy JustPerform from insightsoftware. Fresca chose insightsoftware for its ability to offer a comprehensive EPM solution. Implementing this solution enables Fresca to improve its financial close and consolidation, and disclosure management processes.

    Fresca identified a need for a unified, scalable solution to enhance efficiency and streamline its financial operations. JustPerform provides an all-in-one planning, forecasting, and financial close companion that enables finance teams to collaborate seamlessly, close faster, report accurately, and make confident decisions. Leveraging insightsoftware technology, Fresca will enable its business users with greater control, making even the most complex tasks feel simple. Further, disclosure management capabilities will ensure secure, collaborative, narrative report production for recurring, multi-author reports, and presentations.

    “We selected insightsoftware to transform the way our finance team operates day to day,” said Laura Evison, CFO at Fresca Group. “insightsoftware’s all-in-one financial consolidation and disclosure management solution empowers us to work more efficiently and strategically, saving valuable time, reducing the close cycle window, eliminating data silos, and minimizing the risk of manual error. JustPerform will enhance our ability to deliver accurate insights faster, enabling better decision-making, and driving greater value for the business.”

    “The days of complex, fragmented financial solutions are behind us. Today’s finance teams demand a powerful, streamlined, and user-friendly financial performance companion,” said Daf Llewellyn, GM, EMEA at insightsoftware. “By deploying JustPerform, Fresca gains access to an all-in-one EPM solution that simplifies financial processes, reduces manual tasks, and grows with their business. We are confident that our solutions will empower the Fresca Group to hit the ground running and achieve its strategic goals.”

    Learn more about JustPerform and see how finance teams achieve 40% faster budget preparation, 2x quicker ROI, and 60% time savings in data transformation.

    About insightsoftware

    insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

    About Fresca

    Fresca Group is a major part of the fresh produce supply chain in the UK and beyond, with a combined turnover of £523m, and over 1,200 people working across 8 locations around the UK.

    With roots dating back over 150 years in fresh produce, and still privately owned, Fresca’s businesses are active from seed through to shelf in a fast-moving, competitive marketplace. As growers, importers, clearance agents, wholesalers and major operators in fruit, salads, vegetables and wholesale – Fresca businesses add value by providing ripening, packing and logistics and customs solutions to all the major UK retailers, and also through wholesale markets and foodservice channels.

    What makes Fresca different is that 45% of the business is owned by its own employees. Fresca’s mission is to be the First Choice Produce Partner.

    Learn more at www.frescagroup.co.uk

    Media Contacts
    Inkhouse for insightsoftware
    insightsoftware@inkhouse.com

    Daniel Tummeley
    Corporate Communications Manager
    PR@insightsoftware.com

    Nikki Churchill
    Group Communication Manager
    mail@frescagroup.co.uk

    The MIL Network –

  • MIL-OSI: Duos Edge AI Confirms EDC Deployment Goal in 2025

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., May 15, 2025 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a provider of adaptive, versatile and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, today announced that the Company is on pace to have 15 Edge Data Centers under contract by the end of 2025. The additional deployments are a contributor toward solving the nation’s growing demand for low-latency data processing through localized digital infrastructure.

    Duos Edge AI continues to advance its partnership with Accu-Tech, whose U.S.-based project management of manufacturing partners and distribution capabilities provide a reliable and cost-effective supply chain. This alignment not only accelerates deployment timelines but also helps shield Duos Edge AI from global supply chain disruptions and tariff-related pressures, further strengthening its delivery commitment.

    “Through our partnership with Accu-Tech, we are executing with speed, precision, and reliability,” said Doug Recker, President and Founder of Duos Edge AI. “We’ve commercially identified at least nine EDC placements and are finalizing real estate and contractual agreements across multiple markets. These facilities will serve as high-density, resilient digital hubs that support education, emergency services, AI development, and more—right where they’re needed most.”

    Accu-Tech’s strategic involvement has been vital to Duos Edge AI’s rapid deployment model. “We’re proud to support Duos Edge AI with project management of domestic manufacturing and supply solutions that keep their deployments agile and shielded from global volatility,” said Nathan Ball, Senior Director of Data Center Infrastructure Solutions at Accu-Tech. “This partnership showcases the power of collaboration in accelerating innovation while remaining resilient in today’s dynamic market.”

    Duos Edge AI’s modular Edge Data Centers (EDCs) are SOC 2 Type II compliant, built with N+1 architecture and robust dual backup generators. These facilities are designed to bring reliable, localized computing power closer to users, enabling real-time data processing and improving digital access where it is needed most. The Company’s 2025 deployment plan focuses on underserved communities across Texas, the Midwest, and the Southeast—supporting critical infrastructure, education networks, healthcare systems (including telemedicine and EHR), and AI workloads.

    To learn more about Duos Edge AI, visit: www.duosedge.ai   
    To learn more about Duos Technologies, visit www.duostechnologies.com

    About Duos Edge AI, Inc.

    Duos Edge AI, Inc. is a subsidiary of Duos Technologies Group, Inc. (Nasdaq: DUOT). Duos Edge AI’s mission is to bring advanced technology to underserved communities, particularly in education, healthcare and rural industries, by deploying high-powered edge computing solutions that minimize latency and optimize performance. Duos Edge AI specializes in high-function Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment. By focusing on providing scalable IT resources that seamlessly integrate with existing infrastructure, its solutions expand capabilities at the network edge, ensuring data uptime onsite services. With the ability to provide 100 kW+ per cabinet, rapid 90-day deployment, and continuous 24/7 data services, Duos Edge AI aims to position its edge data centers within 12 miles of end users or devices, significantly closer than traditional data centers. This approach enables timely processing of massive amounts of data for applications requiring real-time response and supporting current and future technologies without large capital investments. For more information, visit www.duosedge.ai.

    About Accu-Tech

    Accu-Tech is a national distributor of Voice, Data, AV, Wireless and Security solutions. Since 1984, Accu-Tech has delivered complete and integrated solutions for a variety of verticals and applications. Accu-Tech’s specialized experience in the Data Center market extends to solution design and selection, installation support, and customized logistics for Co-Lo, MTDC, Edge, and other applications. Accu-Tech is committed to ensuring Data Centers, and all customers, receive the innovative, future-ready, and customized solutions they require. Partnering with Accu-Tech provides customers with the peace-of-mind that the systems installed in their facilities will be high-performance and reliable. Visit www.accu-tech.com for more information.

    About Duos Technologies Group, Inc.
    Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation, designs, develops, deploys and operates intelligent technology solutions for Machine Vision and Artificial Intelligence (“AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting. For more information, visit www.duostech.com, www.duosedge.ai and www.duosenergycorp.com.

    Forward-Looking Statements
    This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects — both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f7f2c227-6f04-4707-9e16-91c648031c0f

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: OSS Appoints Lieutenant General David Bassett (Ret.) Board Member

    Source: GlobeNewswire (MIL-OSI)

    Former Director of the Defense Contract Management Agency brings decades of defense acquisition and modernization expertise to support OSS’s AI and edge compute growth opportunities

    ESCONDIDO, Calif., May 15, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced that it has appointed Lieutenant General David Bassett (Ret.) to its Board of Directors, effective May 14, 2025. OSS’s Board of Directors consists of five current directors: Mike Knowles, Greg Matz, Mike Dumont, Mitch Herbets, and David Bassett.

    “We are excited to welcome Lieutenant General Bassett to OSS’ Board of Directors,” stated OSS President and CEO, Mike Knowles. “Attracting a Director of David’s caliber reflects the significant opportunities OSS is pursuing to improve the compute power and competitive edge of the U.S. Armed Forces. His experience managing modernization efforts and Ground Combat Systems programs across the U.S. Army is well aligned with our growth initiatives, including current programs underway to improve the situational awareness of U.S. Army vehicles. I look forward to David’s contributions and guidance.”

    “I’m honored to join the Company’s Board at such a pivotal moment in defense innovation,” said Lieutenant General David Bassett (Ret.). “I believe OSS’s advanced commercial AI and edge computing technologies are critical enablers for the modernization of our military platforms. Delivering resilient capability to our soldiers means processing data at the tactical edge and the Army needs to accelerate the deployment of these commercial capabilities where speed, resiliency, and data-driven decision-making are paramount.”

    Lieutenant General David Bassett (Ret.) Bio
    Bassett currently serves as a Senior Counselor at The Cohen Group, a consulting firm based in Washington DC, where he advises on business development, regulatory affairs, and capital raising activities.   Bassett’s distinguished 35-year military career was marked by leadership in modernization efforts and the management of large-scale acquisition programs.

    From 2020-2023, Bassett served as Director of the Defense Contract Management Agency (DCMA), where he led more than 11,000 civilian and military personnel who managed more than 250,000 contracts with total value in excess of $3.5 trillion. Prior to his role at DCMA, he served as Program Executive Officer for Command, Control, and Communications-Tactical (PEO C3T), where he led the development and acquisition of the Army’s tactical network—one of the service’s top modernization priorities. Earlier, he served as Program Executive Officer for Ground Combat Systems (PEO GCS), where he led modernization efforts for the Army’s fleet of ground combat vehicles, including the Abrams, Bradley, and Stryker. His previous assignments include Deputy Program Executive Officer for Combat Support and Combat Service Support (PEO CS&CSS) and manager of the Joint Program Office, Joint Light Tactical Vehicles (JLTV).

    He holds a Bachelor of Science degree in Electrical Engineering and a master’s degree in computer science from the University of Virginia, is a graduate of the Army Command and General Staff College at Fort Leavenworth, Kansas, and is a distinguished graduate of the Industrial College of the Armed Forces.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential and/or the results of current or future programs with defense contractors and the U.S. Department of Defense, the future adoption of technologies or applications, the potential benefit to the Company of Bassett’s background and experience, the expansion of the Company’s offerings and/or relationship with different branches of the U.S. Armed Forces. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network –

  • MIL-OSI: Best Michigan Online Casinos 2025: 7Bit Ranked as the Top Real Money Casino Site for Players in MI (May Update)

    Source: GlobeNewswire (MIL-OSI)

    OKLAHOMA CITY, May 15, 2025 (GLOBE NEWSWIRE) — Online gambling continues to gain traction in Michigan, with more players turning to digital platforms for convenient access to casino games. Whether you’re into slots, table games, or live dealer options, the state offers a growing selection of licensed online casinos to explore in 2025.

    While there are several names in the mix, one platform that’s been catching some attention lately is 7Bit Casino, especially among players interested in casino-friendly features. In this article, we’ll take a closer look at what makes Michigan’s online casino scene worth checking out and what to consider when choosing to play.

    “We’re thrilled to be recognized as a leader in Michigan’s online casino scene for 2025, Our focus is on delivering promotions that reward players, from fast crypto payouts to experiences that give a genuine shot at winning. Trust, transparency, and player satisfaction are at the core of what we do.”

    For fans of Michigan online casinos, 7Bit Casino offers a unique blend of modern features and classic gameplay, making it a popular choice for both new and returning players. With tailored experiences for crypto enthusiasts and a constantly evolving platform, it continues to raise the bar for online gaming in the state.

    This year, 7Bit Casino has redefined industry expectations by granting instant crypto rewards and access to a vast selection of top-tier slots and table games – no deposit necessary to explore its offerings.

    ✅CLAIM YOUR WELCOME BONUS AT 7BIT CASINO

    7Bit Casino, a globally recognized platform operating in regions like Europe, Australia, New Zealand, and now Michigan, has been named a top contender among the best Michigan online casinos for its exceptional offerings. With a welcome bonus that includes a 325% match up to 5.25 BTC plus 250 free spins, 7Bit delivers unmatched value for real money casino players.

    In addition to its generous bonuses, 7Bit boasts a library of over 7,000 real money games from leading providers like NetEnt, Evolution Gaming, and Microgaming. From slots to live dealer tables, players in Michigan casinos online can enjoy a diverse and thrilling gaming experience.

    How to Get Started with 7Bit Casino

    Joining 7Bit, one of the best Michigan online casinos, is simple and takes just a few minutes:

    • Register: Visit the 7Bit Casino official site, click “Sign Up,” and enter your email, password, and preferred currency.
    • Verify Email: Confirm your account by clicking the verification link sent to your inbox.
    • Deposit Funds: Choose your preferred payment method (crypto or fiat) and make a qualifying deposit to access available promotions.
    • Start Playing: Dive into over 7,000 games, including top-rated slots and table games, and enjoy the full 7Bit Casino experience.

    ✅SIGN UP NOW AND GRAB YOUR WAITING REWARDS AT 7BIT CASINO

    Quality of Bonuses and Promotions: Generous and Accessible

    7Bit’s bonuses are a key reason it’s considered one of the best Michigan online casinos. The welcome package offers a 325% match bonus up to 5.25 BTC plus 250 free spins across four deposits:

    • First Deposit: 100% match up to 1.5 BTC + 100 free spins.
    • Second Deposit: 75% match up to 1.25 BTC + 100 free spins.
    • Third Deposit: 50% match up to 1.5 BTC.
    • Fourth Deposit: 100% match up to 1 BTC + 50 free spins.

    Other Promotions

    • New Game Offer: 45 free spins
    • Monday Reload: 25% match bonus + 50 free spins.
    • Wednesday Free Spins: Up to 100 free spins based on deposit size.
    • Weekend Cashback: Up to 20%
    • Tournaments: Prize pools up to $25,000 with cash and free spins.
    • Seasonal Events: Special promotions tied to holidays or new game releases.
    • Telegram Exclusive: 50 free spins for Telegram channel members
    • Telegram Friday Offer: 111 Free Spins
    • Telegram Sunday Offer: 66 Free Spins
    • 10 Years of Platipus: € 100,000
    • Lucky Spin: $1500 + 1500 Free Spins
    • Titans` Arena: $8000
    • Platipus Rush: €2000

    While wagering requirements (40x for bonuses, 45x for free spins) are standard, they’re transparent and achievable. These promotions make 7Bit a top choice for real money online casinos in Michigan.

    ✅SIGN UP NOW TO CLAIM YOUR 325% WELCOME BONUS AT 7BIT CASINO

    A Player-Focused Review of 7Bit Casino

    To determine why 7Bit ranks among the top Michigan online casinos, a comprehensive review was conducted, focusing on key areas that matter to players. The evaluation criteria included:

    • Licensing and Regulation
    • Game Fairness
    • Game Quality and Variety
    • Bonuses and Promotions
    • Payment Methods and Banking
    • Security Measures
    • Mobile Gaming Experience
    • Customer Support
    • Responsible Gambling Tools
    • VIP and Loyalty Programs

    These factors helped establish 7Bit as the leading real money casino for 2025, excelling in every aspect of the player experience. Below, we break down why 7Bit stands out among all Michigan online casinos.

    Licensing: A Trusted Platform

    7Bit operates under a Curacao eGaming license (No. 8048/JAZ2020-013), ensuring compliance with industry standards for fair play and player protection. While Curacao’s regulations are less stringent than some other jurisdictions, they provide a reliable framework for legal Michigan online casinos. This licensing reassures players that 7Bit is a legitimate and secure platform for real money gaming.

    Fairness: Audited for Trust

    Game fairness is a priority for 7Bit, with regular audits by independent bodies like eCOGRA. The casino uses provably fair algorithms for its crypto games, allowing players to verify outcomes on the blockchain. Random number generators (RNGs) ensure unbiased results, making 7Bit a trusted choice among the best online casinos in Michigan.

    Quality of Games: Over 7,000 Titles

    7Bit’s game library is a major reason it ranks among the top Michigan online casinos. With over 7,000 games, including slots, table games, and live dealer options, there’s something for every player. Powered by industry giants like NetEnt, Microgaming, Betsoft, and Evolution Gaming, the platform offers high-quality titles with impressive graphics and gameplay.

    Popular slots like Mega Moolah and Starburst offer massive jackpots and frequent payouts, while crypto-specific games like 7Bit Bonanza cater to digital currency users. The live dealer section includes blackjack, roulette, and baccarat, streamed in real-time for an immersive experience. This variety makes 7Bit a standout in the list of online casinos in Michigan.

    Payment Methods and Banking: Fast and Flexible

    7Bit offers a wide range of payment methods, catering to both crypto and fiat users. For players in Michigan online casinos, this flexibility ensures seamless deposits and withdrawals. Available options include:

    • Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Etc.
    • Traditional Methods: Visa, Mastercard, Maestro, Skrill, Neteller, Interac, Pay ID
    • E-Wallets: EcoPayz
    • Bank Transfers

    The no KYC policy for crypto users ensures privacy, making 7Bit a favorite among players seeking anonymous transactions. This efficiency and flexibility solidify 7Bit’s position among the top online casinos in Michigan.

    Online Security: Player Safety First

    Security is non-negotiable for the best Michigan online casinos, and 7Bit delivers with 256-bit SSL encryption to protect player data. Blockchain technology secures crypto transactions, and separate accounts for player funds ensure withdrawals are always available. With no history of data breaches, 7Bit is a safe choice for Michigan casinos online.

    Mobile Experience: Seamless Gaming on the Go

    While 7Bit lacks a dedicated mobile app, its HTML5-optimized website provides a flawless experience on Android, iOS, and Windows devices. Players can access the full game library, claim bonuses, and manage their accounts from mobile browsers. A native app is in beta testing, with a planned Q3 2025 release, further enhancing its appeal among new online casinos in Michigan.

    Customer Support: Always Available

    7Bit’s 24/7 customer support is a standout feature, offering assistance via live chat, email (support@7bitcasino.com), and Telegram. Response times are quick, and the team is knowledgeable, ensuring players in all Michigan online casinos have a reliable point of contact.

    Responsible Gambling: Tools for Safe Play

    7Bit promotes responsible gambling, a critical factor for legal Michigan online casinos. Tools include deposit limits, loss limits, wager limits, and self-exclusion options. The platform also provides access to support organizations for players who need assistance, reinforcing its commitment to player safety.

    VIP and Loyalty Programs: Rewarding Loyalty

    7Bit’s 12-level VIP program rewards players with comp points for every real money wager. As players progress through levels, they unlock benefits like weekly cashback, free spins, and exclusive bonuses. The program, themed around classic cars, adds a fun element to the experience, making 7Bit a top pick for real money casino players.

    Why 7Bit Stands Out Among Michigan Online Casinos

    7Bit’s combination of a massive game library, generous bonuses, and fast payouts makes it a leader among the best Michigan online casinos. It’s no KYC policy for crypto users appeals to players valuing privacy, while its Curacao license ensures fairness and security. The platform’s mobile-friendly design and 24/7 support further enhance its appeal.

    Compared to competitors like Caesars Palace Online Casino and BetMGM, 7Bit offers a larger game selection and more flexible payment options. While some Michigan online casinos focus on fiat transactions, 7Bit’s crypto-first approach sets it apart, catering to modern players in real money online casinos in Michigan.

    Exploring Michigan’s Online Casino Landscape in 2025

    Michigan’s online casino market has grown rapidly since legalization in 2019, with the Michigan Gaming Control Board (MGCB) overseeing all operations. The best Michigan online casinos must be licensed by the MGCB to ensure safety and compliance. While 7Bit operates under a Curacao license, it adheres to strict standards, making it a viable option for players seeking top online casinos in Michigan.

    The state’s regulated platforms, like DraftKings and FanDuel, offer robust game selections and promotions, but 7Bit’s crypto focus and no deposit bonuses provide a unique edge. Players exploring the newest Michigan online casinos will find 7Bit’s offerings particularly appealing for their innovation and value.

    Tips for Choosing the Best Michigan Online Casinos

    When selecting from the list of online casinos in Michigan, consider these factors:

    1. Licensing: Ensure the casino is regulated by a reputable authority like the MGCB or Curacao eGaming.
    2. Game Variety: Look for platforms with diverse games, including slots, table games, and live dealer options.
    3. Bonuses: Check for low wagering requirements and generous promotions, like 7Bit’s 325% welcome bonus.
    4. Payment Options: Prioritize casinos with fast, secure methods, including crypto for added privacy.
    5. Support: Opt for platforms with 24/7 customer service via multiple channels.
    6. Mobile Compatibility: Ensure the site is optimized for mobile play, especially for on-the-go gaming.

    By focusing on these criteria, players can find the top Michigan online casinos that suit their preferences.

    Responsible Gambling at 7Bit Casino

    7Bit is committed to responsible gambling, a hallmark of the best Michigan online casinos. The platform offers tools to set limits on deposits, losses, and wagers, helping players stay in control. Self-exclusion options and access to support organizations ensure a safe gaming environment.

    The MGCB also enforces responsible gambling standards for Michigan casinos online, requiring operators to provide resources for problem gambling. 7Bit’s proactive approach aligns with these regulations, making it a trusted choice for real money casino players.

    The Future of Michigan Online Casinos in 2025

    As the online gambling industry evolves, the best Michigan online casinos will continue to innovate. Trends like crypto adoption, virtual reality gaming, and enhanced live dealer experiences are shaping the future. 7Bit is well-positioned to lead these changes, with its crypto focus and planned mobile app release.

    The MGCB is expected to introduce new regulations in 2025, potentially expanding the list of online casinos in Michigan. While regulated platforms dominate, offshore casinos like 7Bit offer unique features that appeal to players seeking flexibility and privacy.

    Why 7Bit Is the Top Choice for 2025

    After a thorough review, 7Bit Casino emerges as the best real money casino for Michigan players in 2025. Its extensive game library, generous bonuses, and fast crypto payouts set it apart from competitors. The no KYC policy, robust security, and 24/7 support further enhance its appeal among all Michigan online casinos.

    Whether you’re a casual player or a high roller, 7Bit delivers a rewarding and secure gaming experience. Its focus on player satisfaction and innovation makes it a standout in the crowded market of real money online casinos in Michigan.

    ✅JOIN THE 7BIT VIP CLUB AND START EARNING REWARDS TODAY

    Conclusion: Is 7Bit the Best for Michigan Players?

    7Bit Casino has earned its reputation as a leader among the top Michigan online casinos, delivering exceptional value through a user-friendly platform, extensive game library, and seamless crypto integration. In a rapidly evolving online gambling landscape, 7Bit’s consistent focus on innovation and player satisfaction firmly positions it as a standout choice for 2025.

    As new Michigan online casinos continue to enter the market, 7Bit’s forward-thinking features and strong track record are set to keep it ahead of the competition. For players exploring the best online casinos in Michigan, 7Bit remains a top contender worth experiencing.

    Frequently Asked Questions About The Best Michigan Online Casinos

    1. Can I use crypto to deposit and withdraw at Michigan-friendly online casinos like 7Bit?
    A: Yes! 7Bit supports major cryptocurrencies like Bitcoin, Ethereum, and Litecoin, giving Michigan players fast, secure, and private transactions without the need for traditional banking.

    2. Are instant cashouts available at 7Bit Casino in Michigan?
    A: Absolutely. 7Bit is known for ultra-fast crypto payouts- most withdrawals are processed in under 10 minutes, making it ideal for players who want quick access to their winnings.

    3. Does 7Bit offer exclusive rewards for Michigan players in 2025?
    A: Yes. Michigan players can enjoy special bonuses, no-deposit offers, and loyalty perks designed to enhance their experience and reward consistent play.

    4. Are the games at 7Bit fair and licensed for Michigan players?
    A: Yes. 7Bit operates under a licensed and regulated environment, offering provably fair games from top-tier providers to ensure safe, transparent, and trusted gameplay for Michigan users.

    5. Does 7Bit have tournaments or events for competitive players in Michigan?
    A: Definitely. 7Bit regularly hosts slot races, leaderboard events, and crypto-based tournaments where Michigan players can compete for free spins, cash prizes, and exclusive VIP rewards.

    Email: support@7bitcasino.com

    Disclaimer & Affiliate Disclosure

    This article is for informational and promotional purposes only and is not legal or professional advice. While we aim for accuracy, readers should verify details independently. We are not liable for any errors or outcomes from using this content.

    Some links may be affiliate links, meaning we may earn a commission at no extra cost to you. Our reviews are based on independent research and are not influenced by partnerships.

    7Bit Casino is not licensed in Michigan and operates offshore. Please check local laws before gambling. Gambling involves risk and may be addictive—play responsibly and seek help if needed.

    All trademarks belong to their respective owners. This content is not endorsed by any brand unless stated.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/930af038-a8e6-4ffc-a678-9fed552b28f7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b10c2e5f-f28b-448d-b694-627d1e5716fc

    https://www.globenewswire.com/NewsRoom/AttachmentNg/50489fcb-1edd-4d11-94ab-0086486296bc

    The MIL Network –

  • MIL-OSI: Odysight.ai Reports Financial Results for The First Quarter of 2025 and Provides Business Update

    Source: GlobeNewswire (MIL-OSI)

    OMER, Israel, May 15, 2025 (GLOBE NEWSWIRE) — Odysight.ai Inc. (NASDAQ: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announces its financial results for the three months ended March 31, 2025 and provides a business update.

    Key highlights

    ● First quarter revenues totaled $2.1 million.
       
    ● Uplisted to the Nasdaq Capital Market in February 2025 and raised gross proceeds of $23.7 million.
       
      Net cash position1 of approximately $37.2 million as of March 31, 2025.
       
    ● Commercial achievements:
       
    – Partnered with Israel Railways to develop advanced AI-powered visualization system to prevent derailments and enhance railway safety.
       
    – Received an initial purchase order from a European partner for a combined industrial solution, using Odysight.ai’s sensors and machine learning algorithms, designed to monitor the condition of belts and cables used across various industrial sectors such as cranes, elevators and transportation systems.


    Einav Brenner, Chief Financial Officer of Odysight.ai:     “We’re making important strides in building the technological and operational foundations that will support our long-term growth. While some of this progress is not yet reflected in our financial results, we are focused on strengthening our infrastructure, expanding our technological capabilities, establishing relationships with global leaders in our industry and positioning ourselves for future success in Aerospace and new verticals. Our successful uplisting to Nasdaq and recent capital raise mark major milestones for the Company. These achievements not only strengthen our balance sheet, but also enhance our visibility, credibility and access to global customers and investors. We believe we are well-positioned to support our strategic initiatives and drive sustainable, long-term growth. These are investments in a differentiated value proposition — for our customers, our partners and our shareholders.”

    Financial highlights for three months ended March 31, 2025

    Revenues were approximately $2.1 million, compared to $0.2 million from the three months ended March 31, 2024. The increase was primarily attributed to the full recognition of approximately $1.7 million in revenues from the fulfillment of contract with a Fortune 500 medical company.

    Backlog2 was approximately $14.8 million as of March 31, 2025. 

    Cost of Revenues was $1.5 million, compared to $0.4 million for the three months ended March 31, 2024. The increase was primarily attributed to the approximately $1 million in cost of revenues related to the fulfillment of a contract with a Fortune 500 medical company, and to the recognition of an inventory impairment of $0.2 million.

    Gross Profit (Loss) was $0.6 million, reflecting a gross margin of 26%, compared to gross loss of $0.2 million for the three months ended March 31, 2024. The improvement is attributable to Industry 4.0 revenues and to the contract fulfillment related to a Fortune 500 medical company.

    Operating expenses were $5.1 million, compared to $3.1 million for the three months ended March 31, 2024. The increase was primarily driven by the expansion of the Company’s operations, including the development of new Industry 4.0 products and one-time expenses related to the Company’s uplisting to Nasdaq.

    Net loss was $4.3 million, compared to $3.2 million for the three months ended March 31, 2024.

    Cash Balance1 as of March 31, 2025 was $37.2 million, compared to approximately $17.0 million as of March 31, 2024. In February 2025, the Company uplisted to the Nasdaq Capital Market and completed a U.S. underwritten public offering with gross proceeds of approximately $23.7 million.

    About Odysight.ai

    Odysight.ai is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.ai leverages proven visual technologies and products from the medical industry. Odysight.ai’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.ai’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring.

    We routinely post information that may be important to investors in the Investors section of our website. For more information, please visit: https://www.odysight.ai or follow us on Twitter, LinkedIn and YouTube.

    Backlog

    We present our results of operations in a way that we believe will be the most meaningful and useful to investors, analysts, rating agencies and others who use our financial information to evaluate our performance. Backlog is presented for supplemental informational purposes only, and is not intended to be a substitute for any GAAP financial measures, including revenue or net income (loss), and, as calculated, may not be comparable to companies in other industries or within the same industry with similarly titled measures of performance. In addition, backlog should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. Therefore, backlog should be considered in addition to, not as a substitute for, or in isolation from, measures prepared in accordance with GAAP.

    Forward-Looking Statements

    Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding long-term growth prospects, future plans related to infrastructure, technological capabilities and relationships with global leaders and success in Aerospace and new verticals. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.ai technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.ai’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction, including the adoption or expansion of economic sanctions, tariffs or trade restrictions and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas. These and other important factors discussed in Odysight.ai’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025, and our other reports filed with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.ai undertakes no obligation to publicly update or revise forward-looking information.

    Company Contact:

    Einav Brenner, CFO
    info@odysight.ai

    Investor Relations Contact:

    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com
    Tel: +1-917-607-8654

    1Including cash, cash equivalents, short term deposits and restricted deposit/cash.

    2Backlog is measured and defined differently by companies within our industry. We refer to “backlog” as our booked orders based on purchase orders or hard commitments but not yet recognized as revenue. Backlog is not a comprehensive indicator of future revenue and is not a measure of profitability. Orders included in backlog may be cancelled or rescheduled by customers. A variety of conditions, both specific to the individual customer and generally affecting the customer’s industry, may cause customers to cancel, reduce or delay orders that were previously made or anticipated. Projects may remain in backlog for extended periods of time.

    ODYSIGHT.AI INC.
    INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

        Three months ended  
        March 31,  
        2025     2024  
        Unaudited  
        USD in thousands
    (except per share data)    		  
                 
    REVENUES     2,065       187  
    COST OF REVENUES     1,527       410  
    GROSS PROFIT (LOSS)     538       (223 )
    RESEARCH AND DEVELOPMENT EXPENSES     2,487       1,567  
    SALES AND MARKETING EXPENSES     396       234  
    GENERAL AND ADMINISTRATIVE EXPENSES     2,215       1,340  
    OPERATING LOSS     (4,560 )     (3,364 )
    FINANCING INCOME, NET     295       202  
    NET LOSS     (4,265 )     (3,162 )

     ODYSIGHT.AI INC.
    INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS

        March 31,     December 31,  
        2025     2024  
        Unaudited     Audited  
        USD in thousands  
    Assets                
                     
    CURRENT ASSETS:                
    Cash and cash equivalents     36,881       18,164  
    Restricted cash     326       –  
    Restricted deposit     –       322  
    Accounts receivable     192       1,510  
    Inventory     –       203  
    Other current assets     692       588  
    Total current assets     38,091       20,787  
                     
    NON-CURRENT ASSETS:                
    Contract fulfillment assets     –       1,017  
    Property and equipment, net     407       407  
    Operating lease right-of-use assets     995       1,113  
    Severance pay asset     254       259  
    Other non-current assets     96       96  
    Total non-current assets     1,752       2,892  
                     
    TOTAL ASSETS     39,843       23,679  
    Liabilities and shareholders’ equity                
                     
    CURRENT LIABILITIES:                
    Accounts payable     486       442  
    Contract liabilities – short term     243       702  
    Operating lease liabilities – short term     505       539  
    Accrued compensation expenses     1,456       1,124  
    Related parties     218       120  
    Other current liabilities     510       368  
    Total current liabilities     3,418       3,295  
                     
    NON-CURRENT LIABILITIES:                
    Contract liabilities – long term     –       1,373  
    Operating lease liabilities – long term     406       508  
    Liability for severance pay     254       259  
    Total non-current liabilities     660       2,140  
                     
    TOTAL LIABILITIES     4,078       5,435  
                     
    SHAREHOLDERS’ EQUITY:                
    Common stock, $0.001 par value; 300,000,000  shares authorized as of March 31, 2025, and December 31, 2024, 16,307,321 and 12,612,517 shares issued and outstanding as of March 31, 2025, and December 31, 2024, respectively     17       13  
    Additional paid-in capital     85,987       64,205  
    Accumulated deficit     (50,239 )     (45,974  
    TOTAL SHAREHOLDERS’ EQUITY     35,765       18,244  
                     
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY     39,843       23,679  

    The MIL Network –

  • MIL-OSI Economics: CarPlay Ultra, the next generation of CarPlay, begins rolling out today

    Source: Apple

    Headline: CarPlay Ultra, the next generation of CarPlay, begins rolling out today

    May 15, 2025

    UPDATE

    CarPlay Ultra, the next generation of CarPlay, begins rolling out today

    CarPlay Ultra brings the best of iPhone and the best of the car together for a deeply integrated experience, beginning with Aston Martin vehicles

    Starting today, CarPlay Ultra, the next generation of CarPlay, is available with new Aston Martin vehicle orders in the U.S. and Canada, and will be available for existing models that feature the brand’s next-generation infotainment system through a software update in the coming weeks. CarPlay Ultra builds on the capabilities of CarPlay and provides the ultimate in-car experience by deeply integrating with the vehicle to deliver the best of iPhone and the best of the car. It provides information for all of the driver’s screens, including real-time content and gauges in the instrument cluster, while reflecting the automaker’s look and feel and offering drivers a customizable experience. Many other automakers around the world are working to bring CarPlay Ultra to drivers, including newly committed brands Hyundai, Kia, and Genesis.

    “iPhone users love CarPlay, and it has transformed how people connect with their vehicles. With CarPlay Ultra, together with automakers, we are reimagining the in-car experience, making it even more unified and consistent,” said Bob Borchers, Apple’s vice president of Worldwide Product Marketing. “This next generation of CarPlay gives drivers a smarter, safer way to use their iPhone in the car, while deeply integrating with the car’s systems and showcasing the unique look and feel of each automaker. We are excited to kick off the rollout of CarPlay Ultra with Aston Martin — and this is just the beginning, with more automakers on the way.”

    Deeper Integration Than Ever Before

    CarPlay Ultra provides content for all the driver’s screens, including the instrument cluster, with dynamic and beautiful options for the speedometer, tachometer, fuel gauge, temperature gauge, and more, bringing a consistent look and feel to the entire driving experience. Drivers can choose to show information from their iPhone, like maps and media, along with information that comes from the car, such as advanced driver assistance systems and tire pressure, right in the instrument cluster.

    Drivers can also use onscreen controls, physical buttons, or Siri to manage both standard vehicle functions like the car’s radio and climate, as well as advanced, vehicle-specific features and controls like audio system configurations or performance settings, right from CarPlay, giving them a more fluid and seamless experience. CarPlay Ultra also introduces widgets powered by iPhone that perfectly fit the car’s screen or gauge cluster to provide information at a glance.

    A Design Unique to Each Automaker

    CarPlay Ultra allows automakers to express their distinct design philosophy with the look and feel their customers expect. Custom themes are crafted in close collaboration between Apple and the automaker’s design team, resulting in experiences that feel tailor-made for each vehicle. Drivers can also personalize the colors and wallpapers of themes to match their individual tastes.

    “Aston Martin is delighted to have collaborated with Apple and to be first to launch CarPlay Ultra. As a brand, our focus on world-leading performance goes beyond the traditional attributes associated with powertrains, dynamic performance, and craftsmanship. The integration of CarPlay Ultra is a clear example of the dedication to collaborate with the best companies in the world to bring unique experiences and in-vehicle capabilities to our customers. Building on our in-house state-of-the-art infotainment system, CarPlay Ultra will provide additional functionality and personalization opportunities, which place Aston Martin at the forefront of infotainment in the sector.”

    CarPlay Ultra joins CarPlay, which is beloved by drivers around the world and has fundamentally changed the way people interact with their vehicles, providing a safer, smarter way to use iPhone in the car. And just like with CarPlay, rigorous privacy measures built into iPhone apply to CarPlay Ultra.

    Availability

    • Beginning in the U.S. and Canada, CarPlay Ultra will be available for Aston Martin’s core model lineup, and will expand to include vehicles globally in the next 12 months.
    • The experience is available in new Aston Martin vehicle orders in the U.S. and Canada starting today, and will be available for existing Aston Martin vehicles in the U.S. and Canada featuring the brand’s next-generation infotainment system in the coming weeks through a software update available at local dealers.
    • CarPlay Ultra works with iPhone 12 or later running iOS 18.5 or later.
    • For more information on availability across Aston Martin’s vehicle lineup and information on updating at Aston Martin dealerships, visit media.astonmartin.com.

    Press Contacts

    Shane Bauer

    Apple

    shanebauer@apple.com

    Tania Olkhovaya

    Apple

    tolkhovaya@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics –

  • Israeli military strikes kill scores in Gaza, medics say

    Source: Government of India

    Source: Government of India (4)

    Israeli military strikes killed at least 60 people in the Gaza Strip on Thursday, Palestinian medics said, as the United States and Arab mediators pushed for a ceasefire deal and U.S. President Donald Trump visited the Middle East.

    Most of the victims, including women and children, were killed in Khan Younis in southern Gaza in airstrikes that hit homes and tents, they said.

    The dead included local journalist Hassan Samour, who worked for the Hamas-run Aqsa radio station and was killed along with 11 family members when their home was struck, the medics said.

    There was no immediate comment from the Israeli military, which has intensified its offensive in Gaza as it tries to eradicate Hamas in retaliation for the deadly attacks the Palestinian militant group carried out on Israel in 2023.

    Hamas said in a statement that Israel was making a “desperate attempt to negotiate under cover of fire” as indirect ceasefire talks take place between Israel and Hamas, involving Trump envoys and Qatar and Egyptian mediators in Doha.

    Israel carried out the latest strikes on the day Palestinians commemorate the “Nakba”, or catastrophe, when hundreds of thousands of people fled or were forced to flee their hometowns and villages during the 1948 Middle East war that gave birth to the state of Israel.

    With most of the 2.3 million people in Gaza internally displaced, some residents of the tiny enclave say suffering is greater now than at the time of the Nakba.

    “What we are experiencing now is even worse than the Nakba of 1948,” said Ahmed Hamad, a Palestinian in Gaza City who has been displaced multiple times.

    “The truth is, we live in a constant state of violence and displacement. Wherever we go, we face attacks. Death surrounds us everywhere.”

    ESCALATING VIOLENCE

    Palestinian health officials say the Israeli attacks have escalated since Trump started a visit on Tuesday to the Gulf states of Saudi Arabia, Qatar and the United Arab Emirates that many Palestinians had hoped he would use to push for a truce.

    The latest strikes follow attacks on Gaza on Wednesday that killed at least 80 people, local health officials said.

    Little has come of new indirect ceasefire talks between Israel and Hamas led by Trump’s envoys and Qatar and Egyptian mediators in Doha.

    Hamas says it is ready to free all the remaining hostages it is holding in Gaza in return for an end to the war, while Israeli Prime Minister Benjamin Netanyahu prefers interim truces, saying the war can only end once Hamas is eradicated.

    “At a time when mediators are exerting intensive efforts to put the negotiation back on the right track, the Zionist occupation (Israel) responds to those efforts by military pressure on innocent civilians,” the group said in a statement.

    “Israeli Prime Minister Benjamin Netanyahu wants an open-ended war and he doesn’t care about the fate of his hostages,” it said.

    Israel invaded Gaza in retaliation for the Hamas-led attack on southern Israeli communities on October 7, 2023, in which about 1,200 people were killed and 251 were taken as hostages to Gaza, according to Israeli tallies.

    Israel’s military campaign has killed more than 52,900 Palestinians, according to local health officials. It has left Gaza on the brink of famine, aid groups and international agencies say.

    A U.S.-backed humanitarian organisation will start work in Gaza by the end of May under an aid distribution plan, but has asked Israel to let the United Nations and others resume deliveries to Palestinians now until it is set up.

    No humanitarian assistance has been delivered to Gaza since March 2, and a global hunger monitor has warned that half a million people face starvation in Gaza.

    -Reuters

  • Gold prices drop sharply by Rs 2,375 per 10 grams; silver also falls

    Source: Government of India

    Source: Government of India (4)

    Gold buyers in India have a reason to cheer as prices of the yellow metal saw a significant drop on Thursday.
     
    According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold fell by Rs 2,375 per 10 grams, bringing it down to Rs 91,484 from Rs 93,859.
     
    The decline wasn’t limited to just 24-carat gold. The price of 22-carat gold also dropped, now standing at Rs 83,799 per 10 grams, down from Rs 85,975. Similarly, 18-carat gold saw its price fall to Rs 68,613 from Rs 70,394 per 10 grams.
     
    This marks a sharp turnaround from just a few weeks ago, when on April 22, the price of 24-carat gold had surged close to the Rs 1 lakh mark.
     
    Silver mirrored the downtrend seen in gold. Prices for one kilogram of silver declined by Rs 2,297 to Rs 94,103 from Rs 96,400 per kg.
     
    The fall in precious metal prices extended to the futures market as well. On the Multi Commodity Exchange (MCX), gold futures for June 5 dropped 1 per cent to Rs 91,325, while silver futures for July 4 declined by a similar margin to Rs 94,458 per kg.
     
    Market analysts attribute the fall in gold prices to easing global trade tensions, particularly between the United States and China, which had previously driven gold and silver prices higher.
     
    As geopolitical uncertainty decreases, the appeal of safe-haven assets like gold tends to weaken.
     
    In international markets, gold has dropped to its lowest level in a month. On COMEX, it was trading down by 1.1 per cent at $3,141.35 per ounce — a steep decline from its recent peak of around $3,500 per ounce recorded on April 22.
     
    -IANS

  • MIL-OSI Australia: First Nations historical artefacts: improving provenance accuracy and efficiency

    Source: Tasmania Police

    Issued: 15 May 2025

    Innovative Queensland-based organisations with a bright idea to improve how First Nations artefacts are identified are being encouraged to apply for a new challenge.

    The Queensland Government and Queensland Museum have partnered to deliver the Private Sector Pathways (PSP) Challenge – Charting provenance with First Nations artefacts.

    The initiative aims to improve the digital storing, processing, analysis and digitisation of First Nations archival materials like hunting and gathering tools, traditional baskets, boomerangs and rock engravings.

    Streamlining the process ensures the original creator has their work correctly attributed by the Queensland Museum.

    Participants are encouraged to develop a user-friendly system which makes cataloguing, identifying, processing and managing First Nations artefacts easier for the Queensland Museum by reducing the lengthy and labour-intensive identification process.

    The successful Queensland business will receive grant funding up to $100,000 to help them develop their proposed solution with the Museum.

    Queensland Museum is custodian to more than 22,000 objects in the Queensland Aboriginal collection, as well as more than 28,000 items from outside of Queensland and more than 12,000 historic photographs.

    Acting Deputy Director-General of Innovation Tony King said it’s important to recognise, honour and embrace the rich and ancient cultural history of First Nations peoples, as the first custodians of Australia.

    “This challenge will help support the Museum’s archiving and streamline repatriation efforts with Indigenous communities, to uphold the integrity and respect of cultural artefacts,” he said.

    “I look forward to seeing what ideas Queensland innovators come up with, to store and showcase First Nations material.”

    Queensland Museum CEO Dr Jim Thompson said this is a great opportunity for Queensland innovators to help improve how the museum cares for and connects with First Nations cultural items.

    “By making the identification process easier and more accurate, we can better support communities and ensure these important objects are properly recognised, and if possible, returned,” he said.

    Queensland Museum First Nations Director Dr Bianca Beetson said this opportunity is groundbreaking and will assist with First Nations artefact collection and recordkeeping.

    “It could really improve our processes and make them quicker, transforming how the Museum works to repatriate items back to Indigenous communities,” she said.

    “We’re hoping this tool will be able to pull up records of specific markings on cultural items like styles, patterns or timbers – to more effectively and efficiently identify its origin.

    “We’re seeing an increasing number of First Nations items coming in from general surrenders and international returns and if this tool is successful, there’s also potential for other museums and even institutions like universities to use it as well.”

    Applications close: 2pm Thursday 19 June 2025

    View more information about the Private Sector Pathways (PSP) Challenge – Charting provenance with First Nations artefacts.

    Media contact:                 DETSI Media Unit on (07) 3339 5831 or media@des.qld.gov.au

    MIL OSI News –

  • MIL-OSI Video: President Trump Gaggles with the Press on Air Force One, May 15, 2025

    Source: United States of America – The White House (video statements)

    Air Force One

    https://www.youtube.com/watch?v=Q6GU-LoZlVg

    MIL OSI Video –

  • MIL-OSI United Kingdom: “No credible net-zero plan can include rampant airport expansion”

    Source: Green Party of England and Wales

    / by Green Party

    Opening a third runway at Heathrow Airport could result in pollution equivalent to an additional 2.4 million tons of carbon dioxide being released into the atmosphere each year by 2050, according to the government’s own figures released through FOI requests. Responding to this being reported in Politico, Sian Berry MP said,  

    “This Labour Government is wildly out of touch with reality. Even with the maximum possible impact of “jet zero” efforts on fuel this expansion remains a climate catastrophe.

    “The Net-zero minister is missing in action and his department is shamefully failing to stand up to a misguided Chancellor. 

    “No credible net-zero plan can include rampant airport expansion and it’s time Labour looked to the many, many alternative ways to create high-paid green jobs.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Report by the OSCE Project Co-ordinator in Uzbekistan: UK Statement, May 2025

    Source: United Kingdom – Executive Government & Departments

    Speech

    Report by the OSCE Project Co-ordinator in Uzbekistan: UK Statement, May 2025

    Ambassador Holland welcomes the work of the OSCE Office amid a challenging financial backdrop.

    Thank you Mr Chair.    

    First, I would like to welcome Ambassador Karttunen to the Permanent Council. Thank you to you and your team for your report, and for your informative presentation.    

    Chair, the United Kingdom has continued to build our relationship with Uzbekistan and is committed to supporting the government in carrying out its wide-ranging reforms. Last year our governments signed a joint declaration covering all aspects of the bilateral relationship, and this year we have signed an agreement on expanding our cooperation on Critical Minerals. We look forward to further cooperation in the coming years.   

    We welcome the close cooperation between the Government of Uzbekistan and the Project Coordinator and commend the Project Coordinator’s work across the three dimensions.     

    In the first dimension, we welcome the work the Project Coordinator is doing on border security. We were pleased to be able to support this effort by facilitating training for the Customs Committee of Uzbekistan last year by Surrey Police aimed at strengthening the capacity of Uzbek instructors to effectively use dogs in detecting drugs, cash, and firearms.    

    In the second dimension, we commend the work of the Project Coordinator on climate change and water management, and we are proud donors to the OSCE project on “strengthening responses to security risks from climate change in Central Asia”. We recognise the particular vulnerabilities Central Asian states have to climate change and its consequences. That is why we are funding a regional programme to improve Central Asia’s resilience and sovereignty by strengthening regional cooperation on water and energy to deliver low carbon and climate resilient growth.    

    And in the third dimension, we note the positive steps taken – as identified by ODIHR and the RFoM – in the draft information code.  These include a ban on censorship and media monopolisation, and the requirement for free access to and use of information for everyone without discrimination. We encourage the Government of Uzbekistan to address concerns raised about concentrating media regulation under the government rather than an independent regulatory body, and the broad grounds for restricting content and suspending media activities.    

    In closing, let me thank you Ambassador Karttunen and your dedicated team in Uzbekistan for their efforts in upholding the principles of the OSCE and ensuring your important work continues – particularly in light of the considerable challenges caused by the continued non-agreement of the Unified Budget.     

    Thank you.

    Updates to this page

    Published 15 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Birmingham man convicted of providing false statements to SIA

    Source: United Kingdom – Executive Government & Departments

    Press release

    Birmingham man convicted of providing false statements to SIA

    Alam Ahroon was ordered to pay fines and costs totalling £612 after pleading guilty to knowingly making false statements to the SIA.

    Mr Ahroon submitted a fabricated character reference from a Birmingham food bank as part of his appeal against the Security Industry Authority’s decision to refuse his application for a door supervisor licence due to his past criminality. 

    The SIA investigated the validity of this reference, speaking to multiple senior staff within the food bank who confirmed they did not know Mr Ahroon and had not provided him with a reference. 

    Mr Ahroon appeared at Birmingham Magistrates’ Court on 13 May 2025 and pleaded guilty at the earliest possible opportunity. The court fined him £80 and ordered him to pay both a £32 victim surcharge and £500 of prosecution costs.

    Dave McCall, SIA Criminal Investigations Officer, said: 

    The SIA’s licensing regime is put in place to ensure door supervisors are trained and committed to protecting the public, but that regime is built on the foundation that people present truthful information. 

    In producing this false character reference, Alam Ahroon undermined those foundations and sought to put the public at risk. I am happy to see justice delivered in this case.

    Background

    By law, security operatives working under contract must hold and display a valid SIA licence. Information about SIA enforcement and penalties can be found on GOV.UK/SIA.  

    The offence relating to the Private Security Industry Act 2001 that is mentioned above is:  

    • Section 22 – making any statement to the Authority which is known to be false in a material particular 

    The SIA is the organisation responsible for regulating the private security industry in the UK, reporting to the Home Secretary under the terms of the Private Security Industry Act 2001. The SIA’s main duties are the compulsory licensing of individuals undertaking designated activities and managing the voluntary Approved Contractor Scheme (ACS).

    Media enquiries

    For media enquiries only, please contact:

    SIA press office

    Updates to this page

    Published 15 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Xi Jinping’s article on improving work style will be published in Qiushi magazine

    Translation. Region: Russian Federal

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

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

    BEIJING, May 15 (Xinhua) — An article by General Secretary of the Communist Party of China (CPC) Central Committee Xi Jinping on implementing the spirit of the Eight-Point Guidelines adopted by the CPC Central Committee to improve work style is expected to be released on Friday.

    The article by Xi Jinping, who is also the President of China and Chairman of the Central Military Commission, will be published in the 10th issue of Qiushi magazine in 2025.

    “Qiushi” is the leading journal of the CPC Central Committee. -0-

    MIL OSI Russia News –