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Category: Economy

  • MIL-OSI USA: NEWS: Sanders, Murray, Baldwin, Scott, DeLauro Demand Answers on Trump’s Plans to Dismantle Education Department

    US Senate News:

    Source: United States Senator for Vermont – Bernie Sanders

    WASHINGTON, Feb. 6 — Sen. Bernie Sanders (I-Vt.), Ranking Member of the Senate Health, Education, Labor and Pensions (HELP) Committee, alongside Sens. Patty Murray (D-Wash.), Vice Chair of the Senate Appropriations Committee, and Tammy Baldwin (D-Wis.), Ranking Member of the Senate Appropriations Subcommittee on Labor, Health, and Human Services, and Education, and Reps. Bobby Scott (D-Va.), Ranking Member of the House Committee on Education and Workforce, and Rosa DeLauro (D-Conn.), Ranking Member of the House Appropriations Committee, sent a letter warning against the Trump administration’s reported plans to unilaterally dismantle the Department of Education. The lawmakers asked the acting Secretary of Education for answers on recent actions taken by the Trump administration to put federal workers on administrative leave, coerce employees into leaving their jobs, provide access to students’ sensitive data, and illegally freeze vital funding.

    “Over the course of two weeks, the Trump Administration issued sweeping executive orders and sought to broadly and illegally freeze federal financial assistance,” wrote Sanders and the lawmakers. “Federal employees have been targeted, in some cases for simply following the law. Elon Musk is attempting to shut down the work of entire agencies while gaining access to some of the federal government’s most far reaching and sensitive data systems. Media reports indicate a similar effort may be underway at the Department of Education.” 

    “We will not stand by and allow this to happen to the nation’s students, parents, borrowers, educators, and communities. Congress created the Department to ensure all students in America have equal access to a high-quality education and that their civil rights are protected no matter their zip code,” continued the lawmakers. “We urge you to provide information on the steps the Department is taking to ensure the continuity of programs that Americans depend on, the ability of the Department to effectively administer programs for their intended purposes without waste, fraud and abuse, and the safeguards in place to protect student data privacy.” 

    The lawmakers note that Trump and Elon Musk have not shared any plans regarding intended changes to the Department of Education with the Congressional committees responsible for its oversight and funding. In their letter, they request information about access to the Department’s sensitive data and steps taken to safeguard it, communications and details regarding Department employees who have been placed on leave and confirmation that no awards have been blocked or terminated. 

    To read the full letter, click here. 

    MIL OSI USA News –

    February 7, 2025
  • MIL-OSI USA: Trump Tariffs, Trade War Concerns Heard During Welch’s Roundtable with Vermont Businesses and Farmers

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    WASHINGTON, D.C. — Wednesday afternoon, U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, convened Vermont businesses for a virtual roundtable to hear about the chaos caused by President Trump’s misguided tariff policies and his Trade War. Earlier this week, the president agreed to pause new 25% tariffs on imports from Canada and Mexico for 30 days, as well as 10% tariffs on imports of oil from Canada—which he had announced days prior, prompting immediate retaliation by Canada and Mexico. President Trump did not pause new 10% tariffs on imports from China. He has also threatened tariffs on imports from the European Union. 
    “These Trump Tariffs are of enormous concern because of their real practical impacts on enterprises, your companies, on your ability to do your work,” said Senator Welch during the event. “The concerns that I’ve seen and expressed to me by Vermonters are concerns that are being expressed to my Republican colleagues…I think that helps put us in a position to push back and be successful. 
    “Every single day, I’m going to be thinking about how this impacts you, and on Vermont, because each of you represent a significant part of the Vermont economy, and you certainly represent the Vermont spirit….I want to do everything I can to allow you to continue being successful doing what you’re doing.” 
    After President Trump’s decision to pause tariffs Canada and Mexico on Monday for 30 days, Senator Welch released the following statement: 

    “President Trump temporarily backtracking on his Trade War does nothing to give Vermont families, businesses, and farms the economic stability they deserve. Tariffs are taxes, and Trump just made it clear he’s fine with raising taxes on American families,” said Sen. Welch. 

    Senator Welch was joined by Vermont business owners, dairy and vegetable farmers, maple sugar makers, manufacturers, craft brewers, home heating and energy importers, home construction manufacturing, retailers, bankers, technology leaders, health care experts, transportation industry experts, local and state leaders, and others impacted by tariffs and the president’s reckless economic policies.  
    During the virtual roundtable, he heard clear concerns from Vermonters, including:    
    “It feels like death by a thousand cuts.” – Stoni Tomson, a small-scale vegetable farmer in Huntington, VT 
    “Adding a tariff will either lead to drug shortages in the short term, or long-term significant price increases.” –  Jason Williams, University of Vermont Health Network 
    “If the 25% tariff was applied in full, it would be about a $130,000 – $150,000 unbudgeted hit to our food procurement efforts. And as a charitable organization, we don’t have a consumer to pass along that cost to.” –  Jason Maring, Vermont Foodbank 
     “The ripple-effects that this could have on energy markets, and of course manufacturing, is very heavy.” – Catherine de Ronde, Agri-Mark 
    “We’re grateful for the pause, and hopeful you can do what you can do to make sure it never comes back.” – Matt Cota, Meadow Hill Consulting 
    “I’m just concerned in general that it’s going to further stagnate the ability for some of these much-needed construction projects to move forward.” – Matt Cook, PC Construction 
    “We would be strongly affected by the tariffs in terms of equipment costs for U.S. producers… I’m very concerned with the possible effects of this.” – Dave Folino, Vermont maple producer 
    “I can foresee this making homes unaffordable—which they already are.” – Denis Bourbeau, Bourbeau Custom Homes 
    “Our industry has grown in production almost 500% over the last 20 years, and these tariffs would go a long way towards potentially slowing that production.” – Alison Hope, Vermont Maple Sugar Makers Association 
    “That kind of jolt to our budget—there’s just not room.” – Peter Kahn, Sienna Construction 
    “There’s just so much unknown, and I’m concerned about the impact on our customers—I’m worried that we’ll lose customers…All of this hurts everyone. It makes everything more expensive.” – Ashley Adams, P.G. Adams 
    “That would basically squeeze us out of the marketplace.” – Melanie Harrison, a small organic dairy farmer in Addison, VT 
    “Even though the tariffs aren’t in effect, we’re definitely already feeling the effects.” – Elise Magnant, small organic vegetable farmer in Plainfield, VT 
    “We’re all working on a very slim margin.” – Steve Parkes, Drop In Brewing 
    Today, Senator Welch will take these stories and the voices of Vermonters to the confirmation hearing for President Trump’s pick for U.S. Trade Representative, Jamieson Greer, who will lead the President’s tariff strategy.  
    On Tuesday, Senator Welch took to the Senate floor to blast the proposed tariffs, which would be a tax on Vermonters. Attendees and constituents are invited to share how President Trump’s economic policies will impact their family, farm, or community by sharing their story on Senator Welch’s website. 
    This event follows a roundtable Senator Welch held in St. Albans on Monday, January 27th, where he heard from businesses and state and local leaders about the President’s threats to reignite a trade war with Canada, Mexico, and China. 
    In many cases, Vermont manufacturers buy imports from Canada to manufacture into products.  However, the ability of Vermont’s small manufacturing businesses to absorb a 25% increase in costs on parts or raw materials is limited. Tariffs on Canada and Mexico could result in layoffs or higher homebuilding costs, increased costs of grain for farmers, and more expensive equipment for maple producers, among other costs that will get passed on to the consumer. 

    MIL OSI USA News –

    February 7, 2025
  • MIL-OSI United Kingdom: Phenomenal figures released for York’s Park and Ride

    Source: City of York

    Figures released today show that 2024 was the busiest year for York’s Park and Ride since 2017, with the total number of journeys exceeding 4.5 million, almost one million higher than in 2023.

    December saw the most trips for a decade, recording nearly 500,000 journeys, a 3.5 per cent increase on the previous highest monthly total set in December 2016.

    City of York Council estimates that people boarding at the Park and Ride sites in December resulted in over 61,700 cars not travelling into central York – equivalent to a line of traffic that would be long enough to reach central London*.

    York’s Enhanced Bus Partnership, which oversees £17.2million of government funding for the Bus Service Improvement Plan, ran a marketing campaign to promote the Park and Ride as well as direct bus services for six weeks before Christmas. Working with Make It York and all bus operators, the social media posts and adverts reached over 2.2million people in a campaign targeting towns and cities where previous research has shown Christmas Market visitors come from.

    Councillor Kate Ravilious, Executive Member for Economy and Transport at City of York Council, said:

    Just shy of half a million journeys in one month is an incredible milestone to reach, so thank you to all the residents and visitors for using the Park and Ride, and thank you to First Bus for increasing the number of buses available during this incredibly busy period.
     

    First Bus invested in more services on the network in November and December, increasing frequency on several routes to support the York local and visitor economy in anticipation of customer demand. First Bus replicates this investment during other busy periods to keep York visitors and commuters moving sustainably throughout the year.

    Cllr Ravilious continued;

    The numbers are phenomenal but we do also need to recognise that York still experienced congested streets in the run up to Christmas, so while we are delighted, we continue our work throughout the year to support and promote the city’s bus services as well as other sustainable forms of transport. Our young people’s ticketing and marketing campaigns, which and are funded by central government, have over the last 12 months helped make bus use more attractive and given more people more options, and we will soon be consulting on improvements to the Park and Ride sites.”

    Kayleigh Ingham, Commercial Director of First Bus North & West Yorkshire, said:

    The superb performance throughout 2024 is a tribute to the commitment and high standards of service delivered by the First Bus team.

    We’ve demonstrated that bus is an easy and sustainable way to travel into York. We’re attracting more customers due to good value fares, zero-emission buses, and our service, which is delivered with a smile. The benefits this brings, with cleaner air and quieter city centre roads, contributes to York’s environmental targets.

    Sarah Loftus, Managing Director of Make It York, said:

    It is wonderful to see the great results for bus travel for the year and 500,000 journeys during the Christmas period is fantastic. We are very fortunate to have a bus service within the city that supports both demand and sustainability. Collaboration between all parties on communicating key messages was key and we look forward to working with and supporting the transport sector throughout 2025.
     

    *In December First Bus sold 148,310 tickets at the Park and Ride sites alone (the remaining journeys being people who joined the bus along the route or were returning from the city centre). Industry standard definition of occupancy per car for a leisure trip is 2.4 people. This gives us a total of 61,700 cars that didn’t come into the city centre over Christmas. Google Maps shows that the road route from York Minster to Westminster Abbey is 210 miles. If we say a car takes up 6m of space on the road, 61,700 x 6m = 230 miles. Therefore 61,700 cars would stretch all the way to central London.

    These Park and Ride figures follow the Department for Transport’s own statistics released late in 2024 which show that York’s bus services as a whole (ie all local services and the Park and Ride) are once again in the top ten of all local authorities for the number of bus trips per resident. An average of 70.6 journeys per head of population in 2023/2024 ranks York the best in Yorkshire and nationally sits 9th out of 90 English local authority areas.

    The data also showed that York’s bus trips are up 35% from 2021/22, almost quadrupled from 2020/21 and now back within 3% of the level they were in 2019/20 (ie the year before covid). This is one of the best post-pandemic recovery rates in the country.

    In addition to December’s figures, November 2024 was the busiest November ever recorded, with 10% more passengers than the previous record set in 2016. 

    MIL OSI United Kingdom –

    February 7, 2025
  • MIL-OSI United Kingdom: Easy access for local people to university libraries

    Source: City of Leicester

    UNIVERSITIES in Leicester and Leicestershire are opening up their libraries to public users.

    A new partnership between three universities and local councils means anyone aged 18+ and living in the city, county or Rutland will easily be able to access university libraries and borrow up to 10 books at a time.

    Local people will now be able to become members of the university libraries for free, benefitting from access to new resources, study spaces, longer opening hours and increased availability of library services.

    Leicester City Council, Leicestershire County Council and Rutland County Council are all involved in the partnership.

    The University of Leicester, De Montfort University (DMU) and Loughborough University are opening up their libraries to anyone who lives, works or studies in Leicester, Leicestershire or Rutland. Membership will be easy to apply for by filling in an online form, and separate membership options may be available for college and sixth-form students.

    All of the university libraries hold large print collections which local people will be able to access and borrow – and there are specialist collections covering a wide range of academic subjects and aligning to the universities’ teaching and research areas.

    Loughborough University holds broad collections, with particular depth in sport, business and creative arts, while the University of Leicester has collections of books and journals on regional and local history, a very large collection of Sue Townsend’s published works, and an extensive English literature collection. They also have a Represent collection, being developed in partnership with students, to include more works by under-represented voices.

    At De Montfort University, the library holds collections relating to DMU and local history, the history of photography, sports history – especially winter sports – and chess, arts and illustration, plus fashion and costume history.

    Local people will be able to access library services seven days a week. They will be able to borrow up to 10 items from any of the university libraries, and will be able to use the open study spaces.

    Cllr Vi Dempster, Leicester’s assistant city mayor for leisure and culture, said: “This is a fantastic addition to our library services. Our three local universities are an asset to our communities, bringing in knowledge, skills, and prosperity to our region as well as making a considerable contribution to our local economy and culture.

    “Thanks to this new initiative, they will make a further positive contribution by sharing their resources with local people. It’s a great opportunity for library users, who will now be able to access a range of free library services seven days a week.”

    Councillor Christine Radford, Leicestershire County Council’s lead member for adults and communities, said: “The new partnership is a fantastic opportunity for Leicester and Leicestershire residents and will open an even wider range of resources and assets to our communities. I hope local people are able to make the best of what our fantastic universities have to offer and take advantage of this new partnership.”

    In June 2022, a new Universities Partnership was launched locally. It is a commitment between De Montfort University, Loughborough University, the University of Leicester and the city and counties of Leicester, Leicestershire and Rutland to work together for the benefit of local people and for local prosperity.

    Paul Angrave from the Universities Partnership said: “The three universities are working hard with local councils to bring benefits to local communities and this is another example of that commitment.

    “Universities are fantastic assets to their regions and by opening their library doors to local people, we are not only welcoming them onto our campuses – we are providing a wonderful additional service.

    “The educational resources we are making available will benefit our locality and reflect our collective ambition to inspire and provide additional learning opportunities for local people.”

    The libraries are now open to public users. For anyone who isn’t online, local public libraries can provide support with the application process. Valid photo ID and proof of address are required to join.

    Information on how to find each of the three universities’ libraries, how to apply for membership and where to find details of opening hours can be found at:

    Universities in Leicester and Leicestershire are opening up their libraries to public users.

    A new partnership between three universities and local councils means anyone aged 18+ and living in the city, county or Rutland will easily be able to access university libraries and borrow up to 10 books at a time.k

    Local people will now be able to become members of the university libraries for free, benefitting from access to new resources, study spaces, longer opening hours and increased availability of library services.

    Leicester City Council, Leicestershire County Council and Rutland County Council are all involved in the partnership.

    The University of Leicester, De Montfort University (DMU) and Loughborough University are opening up their libraries to anyone who lives, works or studies in Leicester, Leicestershire or Rutland. Membership will be easy to apply for by filling in an online form, and separate membership options may be available for college and sixth-form students.

    All of the university libraries hold large print collections which local people will be able to access and borrow – and there are specialist collections covering a wide range of academic subjects and aligning to the universities’ teaching and research areas.

    Loughborough University holds broad collections, with particular depth in sport, business and creative arts, while the University of Leicester has collections of books and journals on regional and local history, a very large collection of Sue Townsend’s published works, and an extensive English literature collection. They also have a Represent collection, being developed in partnership with students, to include more works by under-represented voices.

    At De Montfort University, the library holds collections relating to DMU and local history, the history of photography, sports history – especially winter sports – and chess, arts and illustration, plus fashion and costume history.

    Local people will be able to access library services seven days a week. They will be able to borrow up to 10 items from any of the university libraries, and will be able to use the open study spaces.

    Cllr Vi Dempster, Leicester’s assistant city mayor for leisure and culture, said: “This is a fantastic addition to our library services. Our three local universities are an asset to our communities, bringing in knowledge, skills, and prosperity to our region as well as making a considerable contribution to our local economy and culture.

    “Thanks to this new initiative, they will make a further positive contribution by sharing their resources with local people. It’s a great opportunity for library users, who will now be able to access a range of free library services seven days a week.”

    Councillor Christine Radford, Leicestershire County Council’s lead member for adults and communities, said: “The new partnership is a fantastic opportunity for Leicester and Leicestershire residents and will open an even wider range of resources and assets to our communities. I hope local people are able to make the best of what our fantastic universities have to offer and take advantage of this new partnership.”

    In June 2022, a new Universities Partnership was launched locally. It is a commitment between De Montfort University, Loughborough University, the University of Leicester and the city and counties of Leicester, Leicestershire and Rutland to work together for the benefit of local people and for local prosperity.

    Paul Angrave from the Universities Partnership said: “The three universities are working hard with local councils to bring benefits to local communities and this is another example of that commitment.

    “Universities are fantastic assets to their regions and by opening their library doors to local people, we are not only welcoming them onto our campuses – we are providing a wonderful additional service.

    “The educational resources we are making available will benefit our locality and reflect our collective ambition to inspire and provide additional learning opportunities for local people.”

    The libraries are now open to public users. For anyone who isn’t online, local public libraries can provide support with the application process. Valid photo ID and proof of address are required to join.

    Information on how to find each of the three universities’ libraries, how to apply for membership and where to find details of opening hours can be found at: universitiespartnership.org/open-libraries

    Picture caption: (Seated L-R): Cllr Vi Dempster, Leicester’s assistant city mayor for leisure and culture, Paul Angrave from the Universities Partnership, and Councillor Christine Radford, Leicestershire County Council’s lead member for adults and communities, with partners who have worked on the project. 

    MIL OSI United Kingdom –

    February 7, 2025
  • MIL-OSI: Clean Core Thorium Energy Raises $15.5M in Series Seed

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 06, 2025 (GLOBE NEWSWIRE) — Clean Core Thorium Energy (CCTE) has raised a $15.5M Series Seed round of financing to advance the ANEEL fuel – a patented blend of thorium & HALEU designed to be seamlessly deployed into existing reactors. With plans to commercialize in 2026, the capital will be used towards solidifying the company’s technical partnerships, such as the irradiation test at Idaho National Laboratory (INL), the further validation work at Canadian Nuclear Laboratories (CNL), a planned Demonstration Irradiation, and more. Further, this financing will be used to fund activities related to the company’s hiring, supply chain partnerships, and regulatory and licensing requirements.

    The syndicate of investors participating in this round are led by a Singapore-based family office and notable business leaders including Sumant Sinha, CEO and Founder of ReNew, Lakshmi Narayanan, former CEO of Cognizant Technologies, and Deepak Parekh, former Chairman of HDFC Bank.

    Mehul Shah, CCTE’s CEO and Founder, said:

    “We are not only excited to have fresh capital infused in the business for critical growth, but also ecstatic to invite those with deep ties to the global energy industry as advisors and investors to accelerate our progress. This announcement marks the next chapter in CCTE’s growth to revolutionize nuclear energy.

    By demonstrating thorium’s ability to deliver immediate and substantial operational benefits, we can accelerate the renewed momentum of nuclear. This new fuel cycle enhances reactor economics, strengthens energy security, improves safety, and ensures proliferation resistance—all within an existing and proven reactor system.”

    In 2024, CCTE achieved major milestones to advance the ANEEL fuel, including:

    About Clean Core Thorium Energy
    Clean Core Thorium Energy is a nuclear fuel company exploring thorium-driven nuclear innovations. Clean Core’s patented nuclear fuel technology (called the ANEEL™ fuel) is comprised of thorium and high assay low-enriched uranium (HALEU) and is capable of improving the safety and cost-efficiency of pressurized heavy-water reactors. The ANEEL™ fuel is a novel solution to safety, waste, and proliferation concerns in today’s nuclear plants. Learn more at https://cleancore.energy/. Follow us on social media: LinkedIn and X.

    Contact: info@cleancore.energy

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Questrade celebrates seventh consecutive DALBAR Seal of Service Excellence recognition

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated* online brokerage — is thrilled to announce that it has repeated in receiving the DALBAR Seal of Service Excellence for Telephone Service for the seventh consecutive year. Awarded by DALBAR, Inc., the DALBAR Seal of Service Excellence celebrates exceptional customer service and best-in-class standard of care provided by firms across the financial services industry.

    “Receiving this honour again is incredibly humbling as it demonstrates our team’s consistency in setting high benchmarks for the service experience we provide to our customers year after year,” said Jason Grieve, Chief Client Officer, Questrade. “As we look further into 2025, our customers can expect a whole host of new low-fee investment products and capabilities alongside our unmatched customer service offerings – all of which stand true to our standard of disrupting the status quo of the financial services ecosystem in Canada.”

    “For seven consecutive years, Questrade has upheld an exceptional standard of customer service that sets it apart in the financial services industry,” said Shelley Eramo, Director at DALBAR, Inc. “Achieving the DALBAR Seal of Service Excellence is no small feat – it requires unwavering dedication to delivering a consistently superior customer experience. Questrade’s commitment to innovation and client care is evident year after year, and we are pleased to recognize their ongoing success in raising the bar for service excellence.”

    Questrade continues to provide trusted and established alternatives to the high-fee investment products currently available on the market with award-winning digital platforms, ultra-low managed portfolio fees, and commission-free ETF purchases in its self-directed accounts. Building on its mission to help Canadians become much more financially successful and secure, the company is accelerating the speed at which it brings new capabilities and services to its customers in 2025 and beyond.

    In addition to Questrade’s recognition, Questrade Financial Group (QFG) subsidiary Community Trust Company (CTC) has also been recognized with the DALBAR Seal of Service Excellence for the second straight year. The notable, repeat achievement underscores the consistently high standard of service and care provided across the group’s entire portfolio.

    About DALBAR, Inc.

    DALBAR, Inc. is the financial community’s leading independent expert for evaluating, auditing, and rating business practices, customer performance, product quality and service. Launched in 1976, DALBAR has earned recognition for consistent and unbiased evaluations. As the nation’s leading financial services market research firm, it performs a variety of ratings and evaluations of practices and communications that are committed to raising the standards of excellence in the financial services and healthcare industries. With offices in both the US and Canada, DALBAR develops standards and measurement systems that improve the quality of products, service and compliance for the retirement, mutual fund, broker/dealer, discount brokerage, life insurance, healthcare, and banking industries.

    About Questrade

    Questrade, Inc. (“Questrade”) is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money. As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 25 years of challenging the status quo as one of Canada’s leading, non-bank online brokerages and over $50 billion in assets under administration, Questrade and its affiliates provide financial products and services, including securities and foreign currency investments. For more information, visit www.questrade.com or on Facebook and X (formerly Twitter) @Questrade. Questrade, Inc. is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade is a wholly owned subsidiary of Questrade Financial Group Inc.

    *MoneySense 2024

    Media Contact

    For more information, contact Susan Willemsen at The Siren Group Inc. Tel: 416-461-1567 or M: 416-402-4880, or email: susan@thesirengroup.com.

    The MIL Network –

    February 7, 2025
  • MIL-OSI Economics: TWAAO: BaFin warns against offers on website twaao.com

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The financial supervisory authority BaFin warns against offers on the website twaao.com. According to information available to BaFin, TWAAO allegedly based in Frankfurt is offering financial and investment services and crypto-asset services without the required authorisation.

    Anyone offering financial or investment services or crypto-asset services in Germany requires a license from BaFin. However, some companies offer such services without the required license. Information on whether a particular company is authorized by BaFin can be found in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

    February 7, 2025
  • MIL-OSI Economics: ReFi Solutions: BaFin warns consumers against offers on website refi-solutions.com

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority BaFin warns consumers against offers from the company ReFi Solutions or Remote Finance Solutions on website refi-solutions.com. According to information available to BaFin, banking transactions and financial services are being provided on this website without the required authorisation.

    Anyone conducting banking business or providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the required authorisation. Information on whether companies have been authorised by BaFin can be found in BaFin’s database of companies.

    The information provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

    February 7, 2025
  • MIL-OSI Economics: Grow State Markets: BaFin warns against website fina-eu.growstatemarkets.com (previously: growstatemarkets.com)

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The financial supervisory authority BaFin warns against trading platform Grow State Markets. According to its findings, financial, investment and crypto asset services are provided by Grow State Markets (which in the past operated the website growstatemarkets.com) without the required authorisation. The company is not supervised by the alleged FINAEU (European Financial Authority). There is no FINAEU supervisory authority and it does not supervise companies that operate in the financial sector.

    FINAEU was already a subject of a warning issued by BaFin on 29 August 2024.

    Anyone conducting banking business or providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the required authorisation. Information on whether companies have been authorised by BaFin can be found in BaFin’s database of companies.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

    February 7, 2025
  • MIL-OSI USA: Warner and Kaine Announce $540,000 in Federal Funding for Floyd County

    US Senate News:

    Source: United States Senator for Commonwealth of Virginia Mark R Warner

    WASHINGTON – Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced $540,000 in federal funding for Floyd County to expand high-speed broadband in the region. The funding was awarded by the Appalachian Regional Commission (ARC), an economic development agency of the federal government and 13 state governments that innovates and invests to build community capacity and strengthen economic growth in 423 counties across the Appalachian region.

    “This project perfectly highlights the good that federal funding does for our communities,” said the senators. “This funding will bring broadband to Floyd County, expanding job opportunities, boosting the local economy, and supporting individual households. Despite illegal attempts from the Trump administration to sabotage federal funding, including for broadband, public safety, roads and bridges, and more, we will continue to fight for projects like this.”

    Specifically, the funding will go towards the Citizens Telephone Cooperative for the Citizens Industrial Park Broadband Expansion Project. As a result of this project, 26,400 linear feet of middle mile broadband network will be constructed to serve 285 businesses with 10Gbps speeds.

    Sens. Warner and Kaine have been outspoken about the harm that President Trump’s funding freeze would have had on Virginians and Virginia businesses. Last week, the senators called out President Trump’s order as illegal and costly, less than 48 hours after it was originally issued, the order was blocked by federal courts, and rescinded by the administration.

    MIL OSI USA News –

    February 7, 2025
  • MIL-OSI Canada: February Oil And Gas Public Offering Generates $3.0 Million In Revenue

    Source: Government of Canada regional news

    Released on February 6, 2025

    The Government of Saskatchewan’s Crown oil and natural gas public offering, held on Tuesday, February 4, 2025, raised $3,039,589.20 for the province, with the Estevan area generating most of the revenue. 

    Twenty-nine parcels were put up for sale in this offering and 25 parcels received acceptable bids, covering an area of 2,753.836hectares.

    In the southeast, the Estevan area generated the most financial interest, bringing in $2,747,969.25 for 16 leases totalling 1,684.452 hectares.

    The Lloydminster area generated $156,195.20 in bonus bids, while the Kindersley area generated $135,424.75.

    Millennium Lands (111) Ltd. made the highest bonus bid and dollars-per-hectare bid, $997,962.23, an average of $6,158.55 per hectare. This was for a 162.045-hectare lease in the Estevan Area, northeast of Midale. 

    This is the sixth and final oil and gas public offering for the 2024-25 fiscal year, over which time the Government of Saskatchewan has raised $51,814,614.76.

    Several factors affect public offering activity, including changes in oil and gas prices, land availability, geological and technological constraints and various market conditions.

    For more information about oil and gas public offerings in Saskatchewan, please visit: Schedule of Public Offerings webpage on saskatchewan.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

    February 7, 2025
  • MIL-OSI: APCU/Center Parc Credit Union Adopts Point Predictive’s IEValidate™ to Transform Member Income and Employment Documentation Requirements

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 06, 2025 (GLOBE NEWSWIRE) — Point Predictive, the leader in risk solutions for consumer lending, today announced that Atlanta-based APCU/Center Parc Credit Union has implemented IEValidate, its innovative income and employment validation solution. This strategic adoption aims to streamline the lending process for members while strengthening the credit union’s fraud prevention capabilities.

    In an era where traditional income verification methods often create friction in the lending process, APCU/Center Parc recognized the need for a more efficient solution. IEValidate provides their underwriters with a frictionless way to validate member income and employment, eliminating the reliance on traditional paystubs which can be both difficult to evaluate and susceptible to forgery.

    The solution offers several key advantages for the credit union:

    • Eliminates paystubs, streamlining 80% or more of loans.
    • Taps into insights from over 300 million reported incomes.
    • Screens against 22 million reported employers and over 14,000 fake employers.
    • Delivers income and employment evaluation on 100% of loan requests.

    “Point Predictive is fundamentally changing how income and employment are validated in the lending industry,” said Tim Grace, CEO of Point Predictive. “Traditional methods like paystubs are not only burdensome for members, but they are also easily forged making paystub reviews both time consuming and ineffective. Our collaboration with APCU/Center Parc, will enable them to instantly validate both income and employment on every single application without holding up the lending process by requesting paystubs or bank statements.”

    The implementation of IEValidate gives APCU/Center Parc access to Point Predictive’s proprietary data repository, which includes over 300 million income reports and information on 22 million employers. This comprehensive database, combined with sophisticated validation processes, enables the credit union to make faster, more confident lending decisions without requiring members to provide traditional documentation.

    “IEValidate allows us to enhance our member experience by removing unnecessary friction from the loan application process,” said Blake Graham, President/CEO of APCU/Center Parc. “The solution provides our underwriters with clear, objective information they need to make confident decisions, replacing the subjective nature of traditional paystub review with reliable, data-driven insights.”

    Early adopters of IEValidate have reported doubling their loan conversion rates when eliminating paystub requirements for low-risk applications, while maintaining strong portfolio performance.

    For more information, contact info@pointpredictive.com.

    About Point Predictive

    Point Predictive powers a new level of lending confidence and speed through artificial intelligence, powerful data insight from our proprietary data repository, and decades of risk management expertise. The company’s data and technology solutions quickly and accurately identify truthful and untruthful disclosures on loan applications. As a result, lenders can fund the majority of loans without requiring onerous documentation, such as paystubs, utility bills, or bank statements, improving funding rates while reducing early payment default losses. Subsequently, borrowers get loans faster, and lenders realize a more profitable bottom line.

    About Atlanta Postal Credit Union

    At APCU/Center Parc, providing our members first-class service has always been our priority. We’re a member-owned, not-for-profit financial cooperative committed to helping hardworking people save money and prosper. For 100 years, we’ve stayed true to these beliefs. As Georgia’s oldest credit union, we’re proud of our tradition of service. Over the years, APCU/Center Parc assets have grown from an initial investment of $2,505 to more than $2.3 billion. Today, we’re one of the largest credit unions in the country. We’re proud to serve more than 108,000 members nationwide with a full complement of financial products and services designed to save them money. For more information, visit www.apcu.com. This credit union is federally insured by the National Credit Union Administration.

    Media Contact
    Jill Robb
    JROBB@PointPredictive.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI: TAB Bank Finishes 2024 Providing Nearly 300 Companies with $57 Million in Loans for Growth and Operations

    Source: GlobeNewswire (MIL-OSI)

    Q4 2024 funding includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation, manufacturing and distribution, e-commerce, maintenance, logistics and other industries

    OGDEN, Utah, Feb. 06, 2025 (GLOBE NEWSWIRE) — TAB Bank provided nearly 300 companies with more than $57 million in funding in the fourth quarter of 2024. The financing includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation, manufacturing and distribution, e-commerce, maintenance, logistics and other industries. TAB Bank offers vital capital to help companies meet their growth and success goals.

    Highlights of the largest Q4 2024 deals include:

    • $20 million—Funding numerous companies for their equipment needs.
    • $12 million—Steel Capital Management, a New York City-based finance company specializing in e-commerce solutions.
    • $11 million—Providing almost 100 small businesses with lines of credit for growth.
    • $5 million—A transportation maintenance solutions company in Dallas, Texas.
    • $4 million—A Kentucky company that owns, operates and manages multi-tenant communication tower sites across the U.S.

    For more than 25 years, TAB Bank’s core business has been financing over-the-road truckers and the broader transportation industry. This quarter, TAB Bank provided term loans and lines of credit ranging from $40,000 to $300,000 to transportation and logistics companies to help create consistent operational cash flow.

    “The most successful companies grow by compounding their returns, and using strategic debt financing can be a powerful tool to fuel that growth,” said Terri K. Lins, Chief Credit Officer at TAB Bank. “Our focus is to create financing programs tailored to each company’s specific goals—whether expanding inventory, investing in new equipment or ramping up marketing and promotions. We succeed when we help our customers leverage money in the right way to maximize their growth potential.”

    The bank’s services include working capital, equipment financing, term loans, lines of credit and commercial real estate loans. TAB Bank’s specialists ensure each client is matched with the right financial product for their industry and growth stage. The bank supports businesses with stellar credit and those without, requiring alternative assessments. To determine creditworthiness, the bank considers various factors, such as income and operational history.

    For more information on TAB Bank’s capital financing and credit solutions, visit TABBank.com.

    About TAB Bank
    At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to making financial success accessible to everyone through our innovative banking products. Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 25 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience. 

    For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

    Contact Information:
    Trevor Morris
    Director of Marketing
    801-624-5172
    trevor.morris@tabbank.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI Russia: SPbGASU once again welcomed young intellectuals

    Translartion. Region: Russians Fedetion –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Grand Opening of Science Day

    SPbGASU held Science Day for participants of the 17th All-Russian Youth Educational Forum “Young Intellectuals of Russia”. On February 5, students of grades 5–11 of educational institutions defended projects and papers, attended master classes, and got acquainted with our university.

    The forum dedicated to the Day of Russian Science is being held in St. Petersburg from February 4 to 8. Its organizers are the Interregional Multidisciplinary Center “St. Petersburg Education”, the St. Petersburg Interregional Center “Education without Borders”, higher education institutions of the Northern capital with the support of the Academy of Military Sciences, the Maritime Council under the Government of St. Petersburg, the Council of Municipalities of St. Petersburg. As Natalya Polupanova, Director of the Interregional Multidisciplinary Center “St. Petersburg Education”, said, “198 participants from 15 educational institutions of 10 cities in 6 regions of the Russian Federation arrived at the forum. This year, an unprecedented number of projects – 142, this is a record. Project defenses are traditionally held at SPbGASU.”

    The events at our university were organized by the admissions committee with the participation of the Volunteer Club, the Kirpich Student Leisure and Creativity Center, the student media center and teachers.

    On behalf of Evgeny Rybnov, the rector of SPbGASU, Dmitry Ulrikh, the dean of the faculty of engineering ecology and urban economy, greeted the young intellectuals. Dmitry Vladimirovich said that our university has been a forge of personnel for the construction industry since 1832. Each faculty has its own scientific schools. The university is waiting for the guys as students.

    The forum participants learned about the activities of student associations at our university and watched concert numbers prepared by the teams of the Student Leisure and Creativity Center “Kirpich”.

    “To convey your thoughts to others”

    After the official part, the guests of our university went to the university auditoriums to defend their projects. The defenses took place within the framework of the humanitarian, natural science, historical, technical, creative and philological sections. In each section, the projects were evaluated by a jury.

    The meeting of the technical section was opened by Andrey Zazykin, Dean of the Automobile and Road Faculty. Andrey Vyacheslavovich believes that the faculty he heads, which trains specialists in the field of transport and mechanical engineering, is the most technical. Transport logistics, intelligent transport systems, modeling of road traffic and interchanges, construction of roads and bridges, organization of road safety, traffic light regulation, road signs, design and operation of vehicles – all this is done at the ADF. Here they train not only specialists, but also those who know how to convey their thoughts to others, present research results, and manage a team. The Dean wished the guys not to deviate from their path and invited them to take part in the Olympiad “Transport Systems and Technologies”, for successful performance in which additional points are awarded to the Unified State Exam. Applications can be submitted until February 10.

    In the project “Computer Modeling of the Movement of Material Points” Ekaterina Antipina, a 9th-grade student of Secondary School No. 3 from Kirovograd, Sverdlovsk Oblast, examined the movement of material points in various conditions, including the influence of forces, interactions, and the environment on their trajectory. The author worked in the Blender program, which allows demonstrating physical processes in a visual form. According to Ekaterina, her project helps develop an interest in physics and deepen knowledge of the subject. “I can say with confidence that the use of computer modeling has become a powerful tool for visualizing physical concepts. This project showed how modern technologies can be used in the educational sphere,” Ekaterina said.

    The features of windy spaces between architectural objects were studied by Anton Goloshumov, a 10th-grade cadet at the Lyceum named after Major General V. I. Khismatulin (Surgut, Khanty-Mansiysk Okrug (Yugra)). Under the scientific supervision of Sergei Osipov, a physical education teacher, Anton created a model reflecting the location of houses on one of the streets of Surgut, and conducted an experiment to study the nature of the wind between them. The young researcher believes that in places where there is strong wind, it is advisable to plant trees or shrubs. And it is also undesirable to put playgrounds and billboards there.

    After defending their projects, the forum participants took a tour of the university and attended master classes.

    From quadcopter to thermal imager

    Master class “Geodetic instruments”

    The master class “Geodetic Instruments” was held by Dmitry Ditrikh, Deputy Secretary in Charge of the Admissions Committee for Work at the Faculty of Engineering Ecology and Urban Economy, Senior Lecturer of the Department of Geodesy, Land Management and Cadastre. The students learned that graduates of the department can become specialists of Rosreestr, surveyors or cadastral engineers, and also work in related specialties – after all, all construction companies welcome a diploma from SPbGASU. They also learned about the purpose of geodetic instruments: a quadcopter, a 3D scanner, a theodolite, a reflector. Under the guidance of the students, it was possible to try these instruments in action. And in the process of communication, ask the students any question about studying at SPbGASU.

    The hydraulics laboratory held a master class on “The structure and operation of pumping stations. Assembly of pressure pipelines.” Ksenia Dmitrieva, assistant of the Department of Water Use and Ecology, and Maxim Sankov, senior laboratory assistant of the department, also began the lesson with a story about what graduates do: design, build, reconstruct water supply and sewerage networks. Then they talked about the types of pipelines and connections. As a result, the guys independently assembled a pressure section of the water supply pipeline.

    Master class “Models of Operations Research”

    At the “Operations Research Models” master class, they learned to apply mathematical models to solve practical problems. For example, how to transport goods from warehouses to stores, construction sites, or other places; how teams can rationally design objects. Lyudmila Moskalenko, associate professor of the Department of Information Systems and Technologies, suggested trying different solutions: calculating manually, writing a program, or using tools that are available on every computer.

    Associate Professor of the Department Alexander Epishkin spoke about what is happening at the Department of Construction Physics, Electric Power Engineering and Electrical Engineering, as well as about the purpose, selection and operation of electric drives in the public utilities of urban facilities at the master class “Purpose, Selection and Operation of Electric Drives in the Public Utilities of Urban Facilities”.

    Kirill Sukhanov and Ekaterina Anshukova, associate professors of the Department of Heat and Gas Supply and Ventilation, held a master class “Engineering Systems of Buildings. TIM-modeling and VR-technologies”. Participants of the master class learned about the areas of training in the department, got the opportunity to work a little in software packages in which heating and ventilation systems are designed, and visualize the obtained result using virtual reality glasses. They also studied a thermal imager and a heating device.

    Feedback from participants

    Alena Fadeeva, a 10th-grade student at Secondary School No. 24 in Krymsk, Krasnodar Krai, enjoyed defending her project the most: “I enjoyed performing the most. I defended the “Molecular Cuisine” project in the natural science section for 10th–11th graders. The jury members were friendly and asked interesting questions. And I really like the appearance of the university.”

    Irina Koroleva, a biology teacher at Secondary School No. 2 in Solnechnogorsk, Moscow Region, attended such a large-scale event for the first time: “The children are captivated! As a teacher, I like that they can immerse themselves in their future profession and see how the equipment works. For children, this is practice that they will remember for the rest of their lives. Their parents are also very pleased that the children were able to visit such a wonderful place.”

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

    MIL OSI Russia News –

    February 7, 2025
  • MIL-OSI: Maris-Tech Secures First Eastern European Defense Order for Jupiter Nano

    Source: GlobeNewswire (MIL-OSI)

    Expansion into a New Defense Market Reinforces Maris- Tech’s Global Capabilities

    Rehovot, Israel, Feb. 06, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, today announced that it has received a new order from its U.K.-based distributor for its Jupiter Nano system to be delivered to a new defense company in Eastern Europe. This order marks a significant milestone for the Company as it expands into Eastern Europe’s defense sector and reinforces the Company’s’ position as a global player in video and AI-based edge computing solutions.

    The order includes dozens of Jupiter Nano units, which will be integrated into weapon systems for a defense project in Eastern Europe. With its compact form factor and ability to handle multiple video streams simultaneously, Jupiter Nano offers the advantage of ultra-low latency streaming and robust network support. It also addresses the customer’s specific challenges and seamlessly integrates into their sophisticated military systems.

    “We believe that this new order is a testament to both the strong relationship we have built with our U.K. distributor and the growing demand for Jupiter Nano’s advanced capabilities,” said Israel Bar, Chief Executive Officer of Maris-Tech. “Eastern Europe is a new and exciting market for us, and we believe that that this opportunity will allow us to expand our reach in the global defense and homeland security markets.”

    Jupiter Nano is a dual-channel H.264/H.265 codec, capable of 100msec ultra-low-latency streaming over wired and wireless networks. With video and audio capture, encoding, decoding, transcoding, and raw data preprocessing, Jupiter Nano is designed to meet the highest performance and reliability standards for modern defense applications.

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israeli technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS), and communication industries. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement Disclaimer

    This press release contains “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, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it is discussing: the new order for the Jupiter Nano system; the integration of the Jupiter Nano units into the weapon systems; the growing demand for Jupiter Nano’s advanced capabilities; and that the new order will allow the Company to expand its reach in the global defense and homeland security markets. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 21, 2024, and its other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

    Nir Bussy, CFO
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Drone Manufacturers Scrambling to Keep Up with Growing Demand as Drone Applications Skyrocket

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Drones are being increasingly adopted in a growing number of industries such as military, defense, land surveying, agriculture for crop monitoring, energy for inspecting power lines among others. The versatility of drones to perform various tasks efficiently is driving their adoption. Drones can be used to monitor hostile environments and enemy activity as well as used for strategic and operational reconnaissance. Commercial Drones are remotely piloted, optionally piloted, or fully autonomous aerial vehicles that play a significant role in plenty of sectors. They are commonly termed drones and are mostly known for their wide usage in various functions, such as Surveying & Mapping, Inspection & Monitoring among others. These vehicles are also used for mapping, surveying, and determining the weather conditions of a specific area. According to recent industry reports, the markets are poised to continue substantial growth in years to come. MarketsAndMarkets project that The Commercial Drone market is projected to grow at a CAGR of 11.2% from 2024 to 2030. The report said: “Based on End Use, the Transport, Logistics and Warehousing segment is anticipated to record the highest growth rate during the forecast period By End Use, the Drone market has been segmented into logistics & transportation, agriculture, energy & power, military, construction & mining, media & entertainment, insurance, wildlife & forestry, academics & research. Logistics & Transportation segment is estimated to record the highest CAGR during the forecast period with the significant growth of the global e-commerce sector, postal companies are opting for new methods to modify their traditional delivery business models. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), ParaZero Technologies Ltd. (NASDAQ: PRZO), AeroVironment (NASDAQ: AVAV), EHang Holdings Limited (NASDAQ: EH), AgEagle Aerial Systems Inc. (NYSE: UAVS).

    MarketsAndMarkets continued: “With several countries focusing on the use of commercial drones for postal deliveries, the commercial drone market will witness growth. The US Postal Service is exploring the possibility of introducing commercial drone into its vehicle fleets to advance mail delivery operations and support its collection of geospatial, sensor, image, and other data. Companies such as DJI (China) are actively developing solutions for Drone-based package delivery. Amazon (US) has already developed these services. Lower cost, density of urban environments, and the rising demand for reduced delivery times are contributing to the growth of this segment.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Starts Testing its High-Density Batteries to Extend Flight Time for ZenaDrone 1000 Drone for US Defense Applications – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that ZenaDrone will commence testing work this quarter on a high density battery for the ZenaDrone 1000 multifunction AI drone designed for defense and commercial applications. High density batteries are lightweight and enable longer drone flight times, more reliability and endurance for longer defense missions, heavier payloads, and greater operational success of a wide range of military applications. ZenaDrone will use the batteries from ZenaTech’s affiliated company Galaxy Batteries Inc.

    “High density batteries are key to longer fight times and reliability in the harsh conditions of military defense operations such as cargo and resupply, intelligence gathering, surveillance, and reconnaissance missions. We will test to ensure these batteries will provide the customization, cost savings, supply chain control and superior performance we require. This is important to our goal to become a Blue UAS- certified supplier to sell to US defense branches and other military organizations,” said CEO Shaun Passley, Ph.D.

    ZenaDrone 1000 is an autonomous multifunction drone offering stable flight, maneuverability, heavy lift capabilities, innovative software technology, sensors, AI, and purpose-built attachments, along with compact and rugged hardware engineered for military and industrial use. The company previously completed two paid trials with the US Air Force and the US Navy Reserve for logistics and transportation applications carrying critical cargo, such as blood, in the field.

    The company previously announced that its supply chain is fully NDAA (National Defense Authorization Act) compliant and that it plans to apply for Green UAS (Unmanned Aerial System) followed by Blue UAS certification, an approved supplier list for drone companies.

    NDAA compliance refers to adhering to the provisions outlined in the National Defense Authorization Act, which is a set of US federal laws passed every year that specify the budget and expenditures for the Department of Defense (DoD) and address growing cybersecurity concerns. For a product to be NDAA compliant, it must not be produced by a set list of Chinese manufacturers, which extends to the chipsets, cameras, displays and other technology used.

    The Blue UAS (Unmanned Aerial System) program is a stringent government approved supplier list of drone companies that wish to do business with the US DoD; suppliers including ZenaDrone must meet strict NDAA cybersecurity and supply chain sourcing requirements. The Green UAS program is essentially the same as the Blue UAS program but has a more streamlined and faster certification process without the specifications on country of origin. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the drone industry include:

    ParaZero Technologies Ltd. (NASDAQ: PRZO), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, recently announced the successful demonstration of its DropAir Precision airdrop system in collaboration with a leading global defense company. The demonstration showcased the DropAir system’s ability to safely and precisely deliver critical supplies under challenging operational conditions.

    During the test, ParaZero’s proprietary DropAir technology was deployed in multiple high-altitude drone airdrops. The system’s advanced parachute mechanism activated at low altitude, ensuring minimal drift and precise landings, even in complex environments. Following the successful demonstration, ParaZero plans to advance the DropAir system into the next phase of development, focusing on enhancing its capabilities for real-world military and humanitarian operations.

    AeroVironment (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, recently announced it has been awarded its third delivery order totaling $288 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of a 5-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract from Army Contracting Command-Aberdeen Proving Ground, with a contract ceiling value of $990 million, announced in August 2024.

    “AV is honored to continue fulfilling this important contract providing the U.S. Army with exceptional and reliable loitering munition solutions,” said Brett Hush, AV’s senior vice president and general manager of Loitering Munition Systems. “We continue to deliver for the U.S. Army with our superior supply chain and manufacturing capacity.”

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced that its flagship pilotless passenger-carrying aerial vehicle EH216-S completed its inaugural demo flight in downtown Shanghai. It served as an excellent backdrop to demonstrate the exceptional capabilities in convenience, safety, and eco-friendliness within the operational environment of UAM in metropolises. It has also officially launched the regular trial operation of the eVTOL sightseeing routes by the Huangpu River at Longhua Airport in Shanghai, in preparation for the following commercial operations in Shanghai. This move aims to realize the urban air mobility in mega central cities.

    Longhua Airport is regarded as the only airport in Shanghai downtown area with apron airspace and is home to the East China General Aviation Service Center of the Civil Aviation Administration of China (“CAAC”). As an important base for the high-quality development of Shanghai’s low-altitude economy, Longhua Airport offers ideal conditions for various low-altitude economic activities, including aerial mobility, tourism and sightseeing, emergency rescue and logistics. This flight not only showcased EH216-S’s capabilities for commercial applications in urban sightseeing and travel scenarios, but also laid a solid foundation for its future gradual implementation and realization of regular commercial operations of urban air taxis in the Yangtze River Delta region centered around Shanghai.

    AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, announced it recently completed a successful flight demonstration of its eBee VISION Intelligence Surveillance and Reconnaissance (ISR) UAS platform at the French Army’s 61st Artillery Regiment’s event, FID25-61e RA Chaumont. The drone innovation forum was conducted January 30-31, 2025 and attended by the Company in conjunction with its French reseller partner Flying Eye.

    AgEagle CEO Bill Irby commented, “We continue to strengthen and broaden our relationship with the French Army through our partner Flying Eye, who completed training in January to become certified eBee VISION operators. This strategic union is expected to build upon the success of our largest single order in AgEagle’s history, valued at $3.4M, completed with the French Army in Q4 2024. We look forward to leveraging this momentum as we continue to expand the global footprint of our UAS products within both government and commercial verticals.”

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty four hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:
    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Winvest Group Powers Web3.0 Expansion with Multi-Channel Financing

    Source: GlobeNewswire (MIL-OSI)

    RENO, NEVADA, Feb. 06, 2025 (GLOBE NEWSWIRE) — Winvest Group Limited (OTC: WNLV) is accelerating the growth of Web3.0 through an innovative multi-channel financing model that integrates blockchain technology with the entertainment industry. This strategic initiative underscores Winvest’s deep understanding of global capital markets and offers investors new opportunities in the expanding digital economy. As decentralized finance (DeFi) gains traction and blockchain ecosystems like Solana and Ethereum continue to shape digital asset investments, Winvest is actively exploring partnerships with communities and industry stakeholders to advance this transformative financing model.

    Revolutionizing Investment through Multi-Channel Financing

    Winvest is redefining capital markets by merging the viral, community-driven dynamics of Meme culture with the transparency and efficiency of DeFi. The organic expansion and strong engagement of Meme communities create a solid foundation for this investment approach.

    Beyond entertainment, Winvest is closely monitoring leading blockchain ecosystems such as Solana, incorporating them into its long-term investment strategy. By strengthening its presence in Web3.0, the company aims to enhance its asset portfolio and position itself as a key player in the evolving digital finance landscape, providing investors with a diversified and resilient investment framework.

    Expanding Industry Collaborations and Community-Driven Growth

    An increasing number of Meme projects and investors are approaching Winvest to explore strategic collaborations and funding opportunities. Among these engagements, Winvest has already reached a mutual agreement with a key partner, to funds raised through this model will be invested into Winvest’s projects, including Launchrr and movie production. This strategic alignment strengthens the ecosystem, allowing Meme-driven investments to generate real-world value while advancing Winvest’s long-term growth initiatives.

    In addition, key opinion leaders (KOLs) and industry influencers are leveraging social networks and Web3.0-based governance frameworks to expand the adoption of this model and drive broader community engagement. Through this flexible funding structure, investors have a lower entry option, allowing individuals – regardless of financial capacity – to participate in the entertainment industry’s expansion. This inclusive approach creates new pathways for investors to access high-growth opportunities while contributing to the evolution of decentralized finance and entertainment investments.

    Winvest: Pioneering the Future of Capital Markets

    Winvest remains committed to reshaping the financial and entertainment sectors through innovation. Rooted in its brand philosophy, “For Lasting Joy,” the company integrates cutting-edge technology with strategic market initiatives to generate sustainable value for global investors.

    With its expansion into Web3.0 and multi-channel financing, Winvest is not only reinforcing its market leadership but also unlocking new investment pathways in digital asset ecosystems. This initiative further strengthens the company’s mission to create a more transparent, efficient, and accessible financial landscape, empowering investors to seize the opportunities of the next evolution in capital markets.

    For more information, please visit: https://www.winvestgroup.co

    Media contact

    Connie Ting

    Winvest Group Limited

    50 West Liberty Street, Suite 880, Reno NV 89501

    Email: connie.ting@winxglobal.com

    Phone: 775-996-0288

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Solum Global Inc. Announces U.S. Healthcare Collaboration and Licensing Agreement with AI Company Life2, Inc.

    Source: GlobeNewswire (MIL-OSI)

    WEST PALM BEACH, FL, Feb. 06, 2025 (GLOBE NEWSWIRE) — Solum Global Inc. (“Solum Global, Solum or the Company”) a transparent digital network with a fully decentralized, permissionless blockchain protocol and stablecoin (sgUSD) for storing, trading, and transferring digital and real-world assets enabling immediate settlement between individuals, businesses, and governments, announced today a collaboration and licensing agreement with Artificial Intelligence company Life2, Inc., to address fraud, waste, abuse and other financial inefficiencies in the U.S healthcare industry.

    “Solum Global and Life2 are redefining the future of healthcare finance by driving smarter, data-backed decision-making and unlocking new levels of operational excellence. This partnership transforms financial operations by integrating Life2’s predictive AI analytics with Solum’s blockchain-based RCM solution—reducing billing errors, detecting fraud, and optimizing workflow outcomes. With real-time insights, providers can improve forecasting, enhance cash flow, and streamline administration,” stated Sterling Griffin, Vice President and Co-Founder of Solum Global Inc.

    The U.S. healthcare system faces mounting inefficiencies, rising costs, and security risks, making innovation imminent. The National Health Care Anti-Fraud Association estimates the annual cost of healthcare accounts for an estimated 3% to 10% of all expenditures, totaling between $147 billion and $490 billion annually. Meanwhile, data breaches remain a persistent threat, routinely exposing sensitive personal information. In 2023 alone, the Department of Health and Human Services (HHS) Office for Civil Rights (OCR) published that 725 breaches compromised over 133 million records across healthcare and insurance companies. Partnering with Life2, Inc. means harnessing the power of AI-driven analysis to uncover hidden financial inefficiencies in historical medical records. By leveraging deep domain expertise, large-scale data sets, advanced modeling techniques, and AI-driven machine learning, Life2 tackles complex market challenges beyond the reach of human problem-solving. This partnership empowers providers, hospitals, and insurers to detect billing errors, waste, and fraud while accurately predicting and optimizing future medical expenditures, driving smarter financial and operational decisions.

    “We are excited to collaborate with Solum Global to tackle the deep-rooted challenges within the U.S. healthcare system. By highlighting continual and substantial losses caused by financial leakage and actively partnering with the Solum team on their seamless, end-to-end solution, we are helping drive meaningful change. Together, we are working to reshape American healthcare by reducing costs for patients, providers, and payers,” said Rick Egan, CEO of Life2, Inc.

    Solum Global is revolutionizing U.S. healthcare by integrating Artificial Intelligence (AI), smart contracts, and its stablecoin (sgUSD) with a proprietary electronic health wallet (EHW) slated for release in Q2 2025. This blockchain-powered web3 platform modernizes revenue cycle management (RCM), replacing outdated web2 systems with a seamless, secure, and automated solution. By leveraging blockchain’s programmability, security, immutability, and smart contract billing, Solum facilitates instant payments through the EHW using sgUSD, a U.S. dollar-backed stablecoin. The Solum Global electronic health wallet addresses these challenges by providing a secure, blockchain-powered solution that streamlines transactions, reduces fraud, and enhances data protection. By providing individuals with greater control over their health information, Solum Global is setting a new standard for security and efficiency in healthcare.

    About Solum Global Inc.
    Solum Global is a transparent digital network with a fully decentralized, permissionless blockchain protocol for storing, trading, and transferring digital and real-world assets, enabling immediate settlement between individuals, businesses, and governments. Utilizing cutting-edge blockchain technology, Artificial Intelligence (AI), smart contracts, the Company’s stablecoin (sgUSD), and a proprietary electronic health wallet (EHW), Solum Global provides a seamless solution that addresses the significant challenges inherent in the U.S. healthcare industry. For more information, visit  www.solum.global.

    About Life2, Inc.
    Life2’s core Intellectual Property utilizes deep domain expertise in the use of AI, machine learning, large-scale data sets, and advanced analytics to address complex market needs that cannot be addressed by human problem-solving. Specializing in outcome analytics – proprietary technology that sits at the apex of data analysis, Life2 aggregates, organizes, and analyzes data to provide continuous, real-time, per-person, and per-event risk and intervention analysis that optimizes desired future outcomes. Outcomes can be financial, operational, clinical, or any other type of target metric across all sectors of the healthcare market. For more information, visit https://www.life2inc.com/.

    Forward-Looking Statements 
    Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws.  Words such as “may,” “might,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements.  These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release.  These forward-looking statements are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the Securities and Exchange Commission. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

    Contacts:

    Investor Relations
    Hanover International
    ka@hanoverintlinc.com

    Media Contact
    media@solum.global

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Everything Blockchain, Inc. Announces 3 Million Share Reduction, Strengthening Shareholder Value

    Source: GlobeNewswire (MIL-OSI)

    Jacksonville , Feb. 06, 2025 (GLOBE NEWSWIRE) —

    Everything Blockchain, Inc., (OTCMKTS: EBZT), a company focused on the intersection of AI, blockchain, and cryptocurrency, today announced the cancellation of 3 million shares of its common stock, representing nearly 10% of its total shares outstanding.

    This strategic reduction underscores the company’s commitment to disciplined capital management and long-term shareholder value creation.

    “We are pleased to announce the cancellation of 3 million shares of common stock, a significant step in strengthening our capital structure and reinforcing our commitment to shareholders,” said Arthur Rozenberg, CEO of Everything Blockchain, Inc.

     “Building value in a public company requires not only a strong business model and revenue strategy but also responsible financial stewardship. This reduction reflects our proactive approach to optimizing our share structure.”

    The company identified and executed the cancellation through a detailed review of its capital structure, negotiating terms that align with its overarching goal of enhancing shareholder value.

    “We remain steadfast in executing our business plan with a focus on profitable growth and disciplined capital allocation,” Rozenberg added.

    “This action is part of our broader strategy to ensure financial integrity, maximize shareholder returns, and position Everything Blockchain for long-term success.”

    Everything Blockchain will continue to assess its capital structure as part of its commitment to delivering sustainable value to shareholders.

    About Everything Blockchain Inc.

    Everything Blockchain, Inc. (OTCMKTS: EBZT) focuses on identifying key challenges and opportunities in AI, blockchain, and cryptocurrency. The company is dedicated to investing in and innovating solutions that empower investors and advance global industries. For more information, visit https://www.ebzt.info/

    Forward-Looking Statements

    This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate,” “seek,” intend,” “believe,” “estimate,” “expect,” “project,” “plan” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of blockchain based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. 

    Contact:

     Arthur Rozenberg

    CEO, Everything Blockchain, Inc.

    arthur.rozenberg@everythingblockchain.io

    The MIL Network –

    February 7, 2025
  • MIL-OSI Global: Religious freedom is routinely curbed in Central Asia – but you won’t often see it making international news

    Source: The Conversation – USA – By Eric Freedman, Professor of Journalism and Chair, Knight Center for Environmental Journalism, Michigan State University

    A majority of citizens in Central Asian countries practice Islam, but Muslims still face restrictions on religious expression. AP Photo/Theodore Kaye

    Freedom of worship is tenuous around the globe. The Pew Research Center’s latest annual report found “high” or “very high” levels of government constraints on religion in 59 of the 198 countries and territories it analyzed – a new record. When Pew began releasing reports on the issue in 2007, just 40 countries’ restrictions on religion were classified that way.

    And trampling of religious practices is a taboo subject for domestic news media in many, if not most, of such countries.

    As a journalism professor, I’ve studied international press practices and obstacles to fair, balanced, ethical and independent reporting for more than two decades. Much of my work is about press rights in “repressitarian” countries, meaning repressive in human rights practices and authoritarian in governance. I see overlaps among a range of human rights abuses – of freedom of expression, of religion, of political affiliation – and how the absence of press freedom shields those abuses from public scrutiny.

    The latest study I did with my undergraduate research assistant, Eleanor Pugh, examined how one news organization, Forum 18, covers constraints on religion in the five post-Soviet countries of remote but strategically important Central Asia. Based in Norway, the independent site is named after Article 18 of the Universal Declaration of Human Rights, which recognizes a fundamental right to “freedom of thought, conscience and religion.”

    Forum 18 appears to be the only news outlet that specializes in coverage of the rights of diverse faiths across the former Soviet Union. Its journalism demonstrates the challenges media outlets have in covering and influencing treatment of religious affiliations and observances in the region.

    Taboo topic

    The five countries of Central Asia – Turkmenistan, Tajikistan, Kazakhstan, Kyrgyzstan and Uzbekistan – pursue harsh policies and practices that frequently curtail freedom of faith. This is especially true for minority religions and sects, but even for practitioners of Islam, the region’s predominant faith. All are rated “Not Free” in the 2024 annual report on global political rights and civil liberties issued by Freedom House, a democracy advocacy group based in Washington.

    Government tactics include censorship and seizure of religious materials, trumped-up charges and prison terms for believers, prohibiting schoolchildren from wearing hijabs or attending worship services, and imprisoning Jehovah’s Witnesses who refuse compulsory military service. One recent law in Kyrgyzstan, which took effect Feb. 1, 2025, prohibits faith communities with fewer than 500 adult members and bans unregistered religious activities or places of worship.

    International news outlets generally devote little attention to religious freedom almost anywhere around the world, except for large-scale tragedies such as the repression of Muslim Uyghurs in western China and the genocidal suppression of Muslim Rohingya in Myanmar.

    Foreign journalists find it tough, sometimes impossible, to report on religious issues from inside authoritarian countries.

    Peter Leonard, the former Central Asia editor of the news outlet Eurasianet, told me in March 2024 that officials’ willingness to even talk with international journalists varies from country to country. At best, journalists are “greeted with a little bit of suspicion” in a capital city, while in rural areas and villages they “can expect to be booted out or harassed,” he said, adding, “Religion is a minefield area.”

    Ethnic Russian Kyrgyz citizens wait for a Sunday service at the Church of Archistrategos of God Mikhail – Archangel Michael of God Orthodox Church – in Osh, Kyrgyzstan, in 2010.
    AP Photo/Alexander Zemlianichenko

    When limits on worship do make domestic news, they’re often presented as part of a fight against “terrorism” – a common way authoritarian regimes masquerade crackdowns on religious freedoms.

    Darkhan Umirbekov, an editor at Radio Fee Europe/Radio Liberty, told me that in Kazakhstan – where most media are owned, controlled or financially dependent on the regime and its allies – most such coverage is “in the context of extremism,” as when “security forces detain members of a religious sect or group.”

    Protecting sources

    We chose to study Forum 18 because its reporting follows traditional journalistic values such as fairness and balance, seeking comments and information from government and nongovernmental sources. One of the outlet’s key underlying motives, however, is advocacy in support of religious freedom.

    Although founded by a group of Christians, its coverage spans a wide spectrum of faiths. Recent topics included police raids on Jehovah’s Witnesses meetings in Kyrgyzstan, threats to punish a Muslim actor in Kazakhstan for quoting from the Quran in a video about Islam posted on Instagram, and the demolition of a mosque and Baptist church in Uzbekistan.

    Our analysis, which we presented at a 2024 conference of the Association for Education in Journalism and Mass Communication, found that almost two-thirds of Central Asian stories in 2023 focused on broad topics such as fines, government policies and jail terms for believers. The remainder focused on one-off events such as particular arrests, raids or seizures of religious books.

    We also found that nonofficial news sources – frequently anonymous – outnumber named sources. Many of the site’s reporters’ sources have been developed over the years from the ranks of religious leaders, human rights activists, dissidents and legal scholars. Some live in the region, and others in exile.

    In light of the serious risk of retaliation, it is unsurprising that so many sources require anonymity. While their identities are known to reporters and editors, their names are not disclosed to audiences for protection from threats, attacks and intimidation. Sometimes these sources are described generically, such as “one Protestant” or “independent religious expert” or “local resident.”

    Forum 18 editor and co-founder Felix Corley told me in an interview: “What we’re concerned about is people that we talk to, that we don’t land them in trouble, so we have to be very careful to do everything we can to avoid endangering anyone by clumsy behavior on our part.”

    In addition, the site’s stories detail names and titles of officials responsible for anti-faith policies and practices – among them prosecutors, judges and agency heads, most of whom refuse to comment or even respond to media inquiries.

    Astana Grand Mosque in Kazakhstan, the largest mosque in Central Asia.
    Aytac Unal/Anadolu via Getty Images

    Small but significant

    Forum 18’s audience is primarily outside the region. It includes Central Asians living abroad, human rights activists, nongovernmental organizations, foreign governments, faith leaders and other news organizations that may cite or re-report its stories.

    For example, a 2019 U.S. State Department human rights report on Uzbekistan makes references to a Forum 18 story on the torture of a “prisoner of conscience” incarcerated for meeting with fellow Muslims and participating in religious activities without government permission.

    Religious freedom advocates hope such coverage can inform and influence world opinion. Reporting abroad can spotlight otherwise-unaccountable officials, especially when censorship, self-censorship and threats of prosecution preclude domestic media from reporting.

    Realistically, we recognize that external media coverage is unlikely to prompt meaningful protections of religious freedom in authoritarian countries.

    Even so, such journalism may be seen as a step – albeit a small, symbolic one – toward holding individuals, governments, social groups and other enablers accountable for violations of a fundamental human right.

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

    – ref. Religious freedom is routinely curbed in Central Asia – but you won’t often see it making international news – https://theconversation.com/religious-freedom-is-routinely-curbed-in-central-asia-but-you-wont-often-see-it-making-international-news-248740

    MIL OSI – Global Reports –

    February 7, 2025
  • MIL-OSI Global: Why supermarkets are siding with farmers over inheritance tax

    Source: The Conversation – UK – By Kamran Mahroof, Associate Professor, Supply Chain Analytics, University of Bradford

    John Gomez/Shutterstock.com

    In recent years, British farmers have faced growing pressures, from Brexit to COVID and the Ukraine war. For some of them you can now add planned inheritance tax (IHT) reforms – announced in the budget last autumn – to that list.

    The proposals to cut certain agricultural reliefs sparked protests by farmers across the UK. Currently, farms benefit from 100% relief on agricultural and business assets, but from 2026 the relief will be capped at £1 million, with excess taxed at 20% (half the usual rate). Exactly how many farms will be affected is not yet clear but estimates range between a quarter and a third.

    Farming associations and the government have clashed over this in recent months. Some sections of the public have backed the protesting farmers and voiced their frustration after the announcement.

    But more recently, there has been support from a different – and unexpected – quarter. Seeing UK supermarkets enter the fray and highlight the concerns of farmers adds fuel to the already heated debate.

    The big chains have long faced accusations of unfair treatment towards farmers, using their might to press suppliers for the lowest prices and reportedly forcing some out of business in the process.

    So what has prompted supermarkets to speak out now? As a supply chain expert, I think there are several possible reasons.

    1. Empty shelves

    Simply put, the pressures on farmers can have far-reaching consequences for supermarket supply chains. A key reason for their support will be to avoid food shortages and empty shelves. There are many examples of supply chain disruptions leading to gaps in stores’ product lines, ultimately affecting the customer experience and supermarket profits.

    UK food supply chains are under increasing pressure. Disruptions such as adverse weather, energy price hikes and even cyberattacks have highlighted the vulnerability of the UK’s food system.

    Farmers have also demonstrated their ability in the past to cause disruption to food supply chains by protesting over cheap imports. Mass and sustained farmer protests could turn off the tap to the UK’s food supply, as happened in the Netherlands in 2022. UK supermarkets will want to avoid this at all costs.

    2. Reliance on imports

    In the event that their IHT is unaffordable (those affected will have ten years to pay the tax, interest free), some farms may be forced to sell up, leading to reduced availability of locally grown produce. Limited supply of domestic produce will increase the dependence on imports, ultimately leading to increased costs for supermarkets (and so for consumers too) as well as uncertainty.

    The UK’s food supply depends on global regions, seasonal shifts and complex sourcing to maintain fresh produce year round. Increased reliance on imports, combined with post-Brexit import charges is neither ideal nor sustainable for supermarkets.

    3. Reduced competition

    Supermarkets have a vested interest in maintaining competitive prices. Fewer agricultural producers essentially means less competition. This could mean supermarkets having less bargaining power with suppliers and a diminished ability to meet consumer demand for variety and quality.

    This could lead to higher prices in stores, potentially undermining supermarkets’ messaging around their competitive edge over smaller retailers.

    4. Public image

    Ultimately this move does supermarkets no harm. UK chains are both the backbone and the bane of farming. A handful of supermarkets dominate the food supply market, setting the prices farmers receive and shaping the structure of agricultural production.

    Supermarkets are often accused of exploiting farmers through their purchasing power, by dictating prices and imposing inflexible quotas. So their support for farmers could help with their public image. Aligning themselves with farmers offers them the opportunity to position themselves as protectors of the agricultural sector, boosting their public image while pressuring policymakers to take action.

    But will it change anything? Well, supermarkets have economic clout – and having their support is better than not having it.

    Historically, supermarkets have shown their collective ability to lobby. Their opposition to supermarket price caps, support for plastic reduction initiatives and even influencing policy in the wake of Brexit highlight how pressure from the big stores can shape national conversations.

    No one wants a return to empty supermarket shelves.
    Kauka Jarvi/Shutterstock

    All this, ultimately, is to ensure supermarkets can continue to serve customers with competitive prices. But who is paying for the UK’s cheap food culture?

    While supermarket dominance has led to lower prices for shoppers and even reduced inflation, it also exposes broader systemic issues within the UK’s food culture. Despite a recent study revealing that UK food costs were about 7% below the EU average, food prices remain a top concern for consumers in the UK.

    Farmers were not the only ones protesting. Migrant fruit and vegetable pickers staged a smaller demonstration, over claims of exploitation by farms.

    Either customers need to be prepared to pay more for their food, or supermarkets need to revisit their pricing strategies. Something has to give, and it appears that this time it cannot be the farmers or agricultural workers.

    While many farmers in the UK are asset-rich they are often cash-poor, frequently relying on wafer-thin profit margins to get by. Supermarkets may have a lot to lose if IHT reforms lead to lots of farmers leaving the sector.

    Protecting supply chains, maintaining cost structures and ultimately offering a stable, affordable domestic supply of produce is in their best interests. In the end, it may not be the farmers but the supermarkets who stand to gain (or lose) the most.

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

    – ref. Why supermarkets are siding with farmers over inheritance tax – https://theconversation.com/why-supermarkets-are-siding-with-farmers-over-inheritance-tax-248234

    MIL OSI – Global Reports –

    February 7, 2025
  • MIL-OSI United Kingdom: Minister Sir Chris Bryant speech at LEAD advertising conference

    Source: United Kingdom – Executive Government & Departments

    Creative Industries Minister Sir Chris Bryant gave the keynote speech at the LEAD advertising industry conference in London.

    My name is Chris Bryant. I’m the Minister for lots of things. And Peter Mandelson, when I was first elected back in 2001 as the Member of Parliament for the Rhondda, I asked him for some advice. And he said he had lots of pieces of advice, but one of them was: “Never go to the same event two years in a row.” Because it means if you don’t go to the third year, everybody will condemn you for being a complete lazy so and so. But this is my second year in a row at this event. So I’ve broken Peter Mandelson’s advice.

    And the second piece of advice he gave me was: “The one word you can never use in advertising and in politics is the word trust.” Because the moment you start talking about trust in politics, people start thinking: “Oh, can I trust you?” And they nearly always come to the conclusion that they can’t. 

    But in the end, advertising, I suppose, is fundamentally about trust. It’s about trying to persuade the public that you can trust a particular product or that you can trust a particular brand that is promoting a particular product, or that you can trust the person who is promoting the brand that is promoting the product, or that you can trust the space in which you’re watching or seeing this particular piece of advertising. 

    Of course, to enable trust in all and to create great advertising, that requires all sorts of different things. First of all, imagination. And I think sometimes when I speak to some other parts of the creative industries, they think of advertising as the kind of workhorses of the creative industries. But I actually think that in many regards, you’re more imaginative than nearly all the other parts of creative industries put together. And sometimes, of course, you have to bring them all together. 

    But the original idea for how to launch a product, or how to sell a product, how to promote it, how to keep it in the public mind, or how to completely change a view of a product or a brand, that’s a phenomenally imaginative process. 

    I always think to myself: “How do you come up with a television or a cinema advert for perfume?” How on earth can you give the impression that this is a perfume that somebody would want to wear when you cannot smell it? Which is fundamentally what perfume is all about. And of course, you do that in advertising with so many different products. Sometimes you’re trying to encourage people to try products that they would never have touched before, either because they’re brand new products, or because they’re something that has never come into their way of life before or because their life has changed. 

    That requires phenomenal imagination, but it also requires craft, serious craft, whether that’s using statistics and market analysis to be able to determine what is really going to work, how big a particular market is, or it’s that whole ecosystem of the whole of the creative industries, through from writers, actors and technicians, location scouts and everybody else that’s part of making a really good advert. 

    That combination of imagination, craft and that whole ecosystem is what I think is so special in the United Kingdom. We’re at the moment working with Shriti Vadera and Peter Bazalgette on putting together our Industrial Strategy for the creative industries. We decided as a government that the creative industries are one of the eight key sectors in the UK that are potential growth sectors we want to build on. 

    And putting that together, one of the key elements that we keep on arguing with the Treasury and the Department for Business and Trade and everybody else in government is that this is an ecosystem. You don’t get great British films without great British marketing of films. You don’t get great British films without actors who probably performed on the stage as well as in television and in movies. You don’t get great British actors without a commercial theatre that’s successful in the UK and also without a subsidised theatre in the UK. 

    All of these things hang together, and it’s really important that we promote the whole of that sector. And that’s, of course, why we are the second largest exporter of advertising in the world. I remember when I first came across this statistic, I thought: “That can’t be right. It must just be the second largest in Europe.” But we are the second largest in the world and I think we could do a great deal more boasting about that. 

    I don’t know whether there’s anybody in advertising who could promote the idea of advertising being a very significant part of our economy, worth £21 billion of GVA in 2023 and on track this year for £43 billion of spending. So in the words of Yazz: the only way is up.  

    We are very keen on this being a cooperation between industry and government. So first of all, the single most important thing we know that we can do to enable this industry to grow in the UK is to provide political, fiscal and economic stability in the country, so that people can make long-term investments and know where they’re going. 

    [political content redacted]

    And secondly, as I just said, we’re working on our Industrial Strategy for the creative industries. If there’s stuff that you still feel that you have you haven’t heard from us in this world, then please do get in touch. 

    Thirdly, obviously, there’s a really important issue around skills. For me, this is a matter of passionate belief that you don’t get a good education unless you also get a good creative education. I want to praise Eton and Winchester and everybody else, because they’ll have a pottery class, they’ll have an art room, they’ll have a well equipped theatre, they’ll have a dance studio, they’ll have musical instruments. I just want that for every single child in this country, and that’s why I think it’s so important that we turn the corner on the curriculum in the UK. 

    That’s what Bridget Phillipson as the Secretary of State for Education is very intent on doing. Trying to bring a creative education right back into the heart, so that it’s not just STEM, which is very important, but STEAM, including arts and creative education, is part of it. 

    Secondly, we need to reform the Apprenticeship Levy. I know lots of people in the industry have said to me: “It just doesn’t work for us at the moment.” And that’s what we’re very focused on doing. 

    The first thing we’ve already done is we’ve announced that from August this year, you won’t have to do a 12-month apprenticeship. You’ll be able to do six months and that’s so important for people who are working on a project base, and we need to provide a greater sense of portability between different employers as well, to be able to make that Apprenticeship Levy work across the creative sector. 

    Indeed, there’s a perfectly good argument for saying, because of the ecosystem that I’ve been talking about, that the Apprenticeship Levy should enable you to go from different parts of the ecosystem to be able to perfect your craft.

    Now just a few specific things on the Online Advertising Taskforce. Online has provided new challenges and new opportunities. I’m really glad that the influencer working group has come up with its fourth version of a code of conduct, the first in the world. If anybody knows any influencers who could persuade more influencers to take up the influencers’ code of conduct, I’ll be really grateful. 

    But that is a really important campaign, because it goes to this issue of trust. If it becomes a whole world when you simply can’t trust what you’re seeing in front of you as promoting a product, then that undermines the whole of the industry. So I think the more we can do in that field, the better. 

    I’m really grateful for the work that’s being done on an AI working group. At the moment we’re engaged in a consultation on this and precisely how it works out in relation to copyright. I am absolutely clear that we as a country sell IP. It’s one of the key things that we sell. So making sure that we have a strong copyright system in the UK, that we maintain that, and maintain the ability of people to be remunerated and to control their rights, is a vital part of anything we do in this field. 

    But of course, many of you will use AI in all sorts of different ways already, and my guess is in two or three years’ time, every single person will have an AI assistant of some kind on their laptop or on their phone. We need to make sure that we think that there’s a possibility for a win-win in this. If you haven’t looked at the consultation yet, please do. It closes on February 25. 

    On less healthy food, some of you might be interested in this subject. Obviously the previous government legislated in relation to less healthy foods and advertising, and we did too in the statutory instrument that was brought forward just before Christmas. I’ve already had several meetings with the ASA. We are very keen on coming to a sensible solution. I think a bit of common sense in this space would be really, really useful. We discussed the matter. I’m saying to you what I said to the ASA the other day. Our priority is proportionate regulation and clear guidance for businesses operating in the sector. And as you would expect from us, we want to reduce the NHS backlog, and we want to support people to lead healthier lives. We want there to be incentives for brands to offer more healthy products. That only happens if we have a clear set of guidance that is proportionate and sensible. I can’t go any further than that, because I’ve got another meeting with all the organisations concerned next week. 

    I want to end with my key point, which is that we are very serious about growing the creative industries in the UK. I heard somebody say: “Well, aren’t the arts and the creative industries a bit frou-frou?” I don’t know what that means, really, but I get the point, I suppose. 

    But actually, if the UK had no creative industries, we would be a poorer, weaker, less happy, less stable society than we are. And I think that the creative industries not only have an economic role to play – a vastly significant one, one in 14 people in the UK works in the creative industries today and I guess it will be one in 10 in a few years’ time – but if we’re going to build that, we need you to tell us what are the barriers to growth in your sector. 

    We need to make sure that there’s a steady stream of people through into these industries. I asked this question last year, and I’m going to ask it again, and I’m going to keep on asking every single year that I come here, which is: If you came to my constituency and asked a 13 year old: “What are you going to do when you grow up, or what careers are you thinking about?” They would probably know what it is to be a doctor and how they would start trying to be a doctor or a lawyer or a teacher, but they wouldn’t have the faintest idea how they would start the process of going into advertising or any of the other creative industries. 

    So in four years’ time, I would like us to be in a place where every single child in the country has the creative industries, including advertising, as one of the possible future careers for them, and that they know how to approach that, so that your seats are taken in 10, 15, 20 years’ time by young people who might just as well come from Wigan, Gateshead, Newcastle, London, the Rhondda, Shetland. People with completely varied backgrounds and different experiences, so that they can bring their imagination and their storytelling to the great industry that is yours.

    Updates to this page

    Published 6 February 2025

    MIL OSI United Kingdom –

    February 7, 2025
  • MIL-OSI China: Turning ice and snow into gold

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

    HARBIN, Feb. 6 — In Harbin, the capital city of China’s northernmost Heilongjiang Province, there is a mesmerizing winter wonderland.

    Here, towering ice structures mimicking landmarks from across Asia, cheers from super-long ice slides, and the breathtaking view from a giant Ferris wheel attracted over 610,000 visitors during this year’s eight-day Spring Festival holiday, which ended Tuesday.

    Near the entrance of the Harbin Ice-Snow World, an iconic winter attraction, a row of giant red characters stands out: “Snow and ice are also valuable assets.”

    This statement, first made by Chinese President Xi Jinping about nine years ago, has reshaped the country’s ice-and-snow sector and spurred the stellar growth of related industries.

    In March 2016, when taking part in a group discussion with Heilongjiang lawmakers at the annual national legislative session, Xi stressed the importance of leveraging the province’s winter resources. “Clear waters and green mountains are valuable assets, and so are Heilongjiang’s ice and snow,” he said.

    Bordering frigid Siberia, Heilongjiang is known for its freezing temperatures and ample snowfall in winter. With winter temperatures sometimes dropping below minus 30 degrees Celsius, the provincial capital Harbin is dubbed China’s “ice city.”

    Guided by Xi’s vision, the province has made sustained efforts to turn itself into a world-class winter tourist destination. Last year, Harbin alone welcomed 179 million visitors, with tourism revenue reaching 231.42 billion yuan (about 32 billion U.S. dollars), both rising over 30 percent year on year.

    The 9th Asian Winter Games, set to open here on Friday, presents the latest opportunity to cement Harbin’s “ice city” reputation. Notably, winter sports and tourism are also gaining momentum across China.

    Driven by policy support and increased demand, the number of ice-and-snow tourists in China is expected to reach 520 million in the 2024-2025 winter season, with revenue likely to exceed 630 billion yuan, according to the latest report by the China Tourism Academy.

    300 MILLION PEOPLE IN WINTER SPORTS

    Xi has identified China’s ice-and-snow sector as both a key economic driver and a vital means of promoting public fitness. A passionate sports enthusiast, he closely follows the development of winter sports.

    The primary goal of hosting the Beijing 2022 Winter Olympics was to “engage 300 million people in ice-and-snow sports” and promote the leapfrog development of winter sports in the country, Xi told International Olympic Committee President Thomas Bach in 2014.

    Before Beijing 2022, he conducted five on-site inspections across different competition zones in Beijing and the adjacent Hebei Province, meeting with athletes, construction workers and venue operators.

    “The ultimate goal of building a sporting powerhouse and a healthy China is to strengthen the people’s fitness, which is also an essential part of China’s endeavors to build a modern socialist country in all respects,” Xi said.

    The goal of “300 million people in winter sports” is now a reality, thanks to the promotion and popularization of ice-and-snow sports.

    “This year, our facility has seen a greater number of people hitting the ice, with a year-on-year growth of about 15 percent,” said Meng Qingyou, who teaches skating at a winter sports center in Harbin.

    Across the province, well-equipped facilities and professional coaching at ski resorts have drawn in new entrants from across the country.

    In the city of Shuangyashan, a popular ski resort offers 14 trails of varying difficulty levels, catering to both novices and seasoned ski enthusiasts.

    “This is my first time skiing,” said Zhao Dezhou, a tourist from east China’s Jiangsu Province. “At first, I was really nervous, but with the coach’s patient guidance, I can now glide freely across the snow and fully enjoy the thrill of this winter sport!”

    Even in snow-scarce regions of the country, more people are embracing indoor ice-and-snow sports. According to a recent industry report, six of the world’s top 10 indoor ski resorts are in China, located in cities such as Shanghai, Guangzhou and Chengdu.

    ICE-AND-SNOW ECONOMY

    Beiji Village is nestled at the northernmost tip of China in the city of Mohe, Heilongjiang. As one of the coldest villages in China, Beiji endures an average temperature of below zero for over seven months a year.

    This agricultural and fishing village was named a national top-level scenic spot in 2015, attracting an increasing number of visitors to experience its unique scenery and extreme cold.

    “The tourism resources here are truly exceptional,” said Xi at the village during an inspection tour in September 2023. He stepped into villager Shi Ruijuan’s homestay and talked with the locals.

    Noting the importance of the tourism sector in achieving high-quality development, Xi urged policy support to ensure that the distinctive snow-and-ice resources generate more income for local people.

    In the past, the harsh cold and remote location drove many locals to leave Beiji. Nowadays, however, the very same factors are drawing tourists from far and wide. With ice-and-snow tourism gaining popularity in recent years, ice skating, skiing and fun activities like splashing water to create ice crystals have become big draws of the village.

    “Tourists used to come mainly in summer, but now we get plenty of visitors in winter too,” said Shi, adding that she had never expected the bitter cold to become a major tourism attraction.

    Shi has run the homestay business for more than a decade. “Previously, it was hard to make even 10,000 yuan a year. Now, we have visitors all year round, and during peak season I can earn over 10,000 yuan in just a week,” she said.

    With its booming ice-and-snow tourism, northeast China as a whole has gained fresh appeal. Once known as the country’s rustbelt, the region has long struggled with a painful economic transition and talent outflows.

    “Revitalizing northeast China” has been a recurring theme evident in Xi’s multiple inspection tours. In 2023, he stressed efforts to focus on developing the ice-and-snow economy as a new growth driver by promoting a full industrial chain of ice-and-snow sports, culture, equipment and tourism.

    Under Xi’s guidance, the ice-and-snow boom has spread from northeast China to the entire country, fostering a new national growth engine.

    Located in northwest China’s Xinjiang, Altay Prefecture is developing its reputation as a top skiing destination. In the 2023-2024 snow season, Altay welcomed about 4.89 million tourist visits, with tourism revenue totaling 5.1 billion yuan. It drove about half of the growth in terms of both tourist visits and revenue in Xinjiang last season.

    Southwestern provinces, such as Yunnan and Sichuan, are also leveraging their unique plateau ice-and-snow resources, as well as their proximity to Southeast Asia, to attract tourists.

    Peng Fuwei, a senior official of the National Development and Reform Commission, noted that the sector has formed a “dual-engine” structure, with winter manufacturing and services leading the way.

    “China now produces a comprehensive range of winter sports equipment, from personal gear to high-end snowmaking machines and snow groomers. In 2023, winter equipment sales reached about 22 billion yuan,” he said.

    The country aims to boost its ice-and-snow economy as a new source of growth, targeting an economic scale of 1.2 trillion yuan by 2027 and 1.5 trillion yuan by 2030, according to guidelines released by the State Council last year.

    MIL OSI China News –

    February 7, 2025
  • MIL-OSI Europe: Artificial Intelligence Action Summit: Sciences Po Joins Forces

    Source: Universities – Science Po in English

    In the context of the dynamic created by the Presidency of the French Republic, with the Artificial Intelligence (AI) Action Summit taking place on 10 and 11 February 2025 in Paris, Sciences Po Open Institute for Digital Transformations, created as part of the ExcellencES Transforming Interdisciplinary Education and Research for Evolving Democracies (TIERED) project, has been rallying researchers and students working in this field.

    This is a compendium of the activities organised by the various entities at Sciences Po to complement the Summit, as the institution has historically been at the forefront of the critical questions that the humanities and social sciences can raise in times of great change.

    Indeed, while politics, as the art of envisioning and implementing collective life, is making a dramatic comeback on the public stage, the revolution in digital technologies invites us to embrace a crucial question: “Can AI benefit democratic societies?”

    What better opportunity than the AI Action Summit to address this question to the political leaders gathered in Paris for the occasion! Before, during, and after the Summit, Sciences Po researchers, teachers, students, alumni, and start-ups, each with their own skills and expertise, will contribute to shed light on the major issues at stake in a question that our democratic societies have a duty to address.

    Sciences Po’s road to the AI Action Summit is outlined below, with many events open to all, most of them at Sciences Po, some of them off-site. Almost a dozen events have been officially labelled “Road to the Summit”.

    Upcoming Events

    7 February 2025: “Y a-t-il une IA pour sauver la planète ?” from the Tribunal pour les générations futures, Road to the Summit

    Sciences Po, through its Open Institute for Digital Transformations, partnered up with 8 leading public institutions in this trial simulation organised by the French media Usbek et Rica. Some fifty Sciences Po students are taking part in this event, including two on the jury, in the Amphithéâtre Richelieu, Sorbonne (Paris 5e).

    7 February 2025: “IA: the citizen way”

    The Tech & Global Affairs Innovation Hub of Sciences Po Paris School of International Affairs and the Conseil national du numérique are presenting the results of the public consultations carried out in autumn as part of the Summit, at the Economic, Social, and Environmental Council.

    7 February 2025: “Democratizing AI: Open-Source Systems, Global Equity, and the Power of Inclusive Partnerships”

    A discussion between Arancha González, Dean of the Paris School of International Affairs (PSIA) at Sciences Po, Vilas Dhar, President of the Patrick J. McGovern Foundation, and Maria Ressa, Nobel Laureate and journalist, on the potential of open-source AI in fostering equity, addressing disinformation, and democratising access for the global majority

    8 February 2025: “Participatory AI Governance – Research & Practice Symposium”

    A day-long open symposium organised by the Tech & Global Affairs Innovation Hub of the Paris School of International Affairs at Sciences Po with Connected by Data, bringing together academics and experts from civil society organisations dedicated to explore collaboratively the state of the art in participatory development and governance of AI.

    8 and 9 February 2025: Interdisciplinary conference of the AI Action Summit “AI, Science and Society”, Road to the Summit

    Jean-Philippe Cointet, researcher at Sciences Po médialab and Director of the Open Institute for Digital Transformations, along with two post-doctoral students from the médialab, Manon Berriche and Salim Hafid, discuss a poster entitled “Defining, Identifying, Measuring, Mitigating, Democratic Biases in Large Language Models”, at the École Polytechnique, Palaiseau.

    11 February 2025: “AI for Economic Inclusion”, Road to the Summit

    The Centre for Research on Social Inequalities is co-organising the launch of an International Panel on the Information Environment, under the direction of Jen Shradie, in Sciences Po Salons Scientifiques.

    11  February 2025: “Artificial intelligence & Information manipulation: Navigating the risks and opportunities”, Road to the Summit

    With the OECD & Viginum, a monitoring and protection service against foreign digital interference, with the participation of Donato Ricci, researcher and research designer at Sciences Po médialab, at Services du Gouvernement, 20 Avenue de Ségur, 75007 Paris.

    11 February 2025: “Building Trust in AI: A Multifaceted Approach”, Road to the Summit

    In cooperation with the Schwartz Reisman Institute at the University of Toronto, with the participation of Donato Ricci, researcher and research designer at the médialab of Sciences Po, at the École normale supérieure de la rue d’Ulm.

    11 February 2025: “Advancing AI governance: Exploring adaptive frameworks and the role of sandboxes”, Road to the Summit

    Organised by The Datasphere initiative, with the participation of Beatriz Botero Arcila, researcher at Sciences Po Law School, at the International Chamber of Commerce, Paris.

    11 February 2025: “Construire des ponts : façonner la gouvernance mondiale de l’IA grâce à la collaboration multipartite”, Road to the Summit

    Round table discussion led by Louis Denart, alumnus of the School of Public Affairs and currently International Digital Policy Fellow at the German Federal Ministry for Digital Affairs and Transport, at Sciences Po.

    11 February 2025: “Aligning Urban AI and Global AI Governance”

    Conference organised by Urban AI and Govlab, with Beatriz Botero Arcila, researcher at Sciences Po Law School, venue to be announced.

    12 February 2025: “Understanding the roles and responsibilities across the AI value chain”, Road to the Summit

    Workshop organised by Datasphere Initiative and Open Loop (Meta), with the participation of Beatriz Botero Arcila, researcher at Sciences Po Law School, at the Hôtel Marignan Champs-Élysées.

    21 February 2025 : “L’IA peut-elle être au service de la démocratie ?”

    A conference for the general public organised directly by the Open Institute for Digital Transformations with all the educational fields involved, to take a critical look at the issues at stake at the AI Action Summit, at Sciences Po.

    Early March 2025: a “Special IA Action Summit” issue of the new Collection de Sciences Po to showcase student work

    It will be co-designed by the Open Institute for Digital Transformations with all the educational fields involved and widely distributed at the beginning of March 2025, including to the Summit organisers and participants. In particular, it will include the discussions held during the student conference.

    March 2025: Wrap-Up Event

    Co-organised by the Open Institute for Digital Transformations and the Tech & Global Affairs Innovation Hub at Sciences Po Paris School of International Affairs.

    Past Events

    5 February 2025: “Paris AI Action Summit: What’s Next for AI Governance?”, Road to the Summit

    Conference co-organised by the Global Partnership on Artifical Intelligence Policy Lab (an initiative launched by former students of Sciences Po, École normale supérieure, and École polytechnique), the Cybersecurity Association of Sciences Po, and the Centre for AI Security, at Sciences Po.

    28 January 2025: “AI & International Governance”

    Organised by the Sciences Po American Foundation and the Tech & Global Affairs Innovation Hub of Sciences Po Paris School of International Affairs, online.

    15 January 2025: “New Solidarity for an AI-disrupted Economy workshop”, Road to the Summit

    Co-organised by the Global Solutions Initiative, RadicalXChange, and the Tech & Global Affairs Innovation Hub of the Sciences Po Paris School of International Affairs (PSIA), at the Stiftung Mercator, Berlin.

    11 December 2024:  The 6th edition of the prestigious Athens Roundtable on AI and the Rule of Law, Road to the Summit

    The Tech & Global Affairs Innovation Hub at Sciences Po Paris School of International Affairs joined this event organised by The Future Society. This 6th edition was an official side-event on the way to the AI Action Summit, at the OECD.

    5 December 2024: Launch of the 2nd issue of Sciences Po magazine, Understanding Our Times

    This issue entirely focused on digital transformations was launched by Sciences Po and coordinated by the Open Institute for Digital Transformations on the theme “Is Digital Technology Democratic?”

    13 November 2024: “Electoral and political processes at risk of digital interference?”

    Conference organised by the School of Public Affairs, at Sciences Po.

    12 November 2024: “Paris Peace Forum official side event on the Road to AI Summit”, Road to the Summit

    A day of conferences organised by the Tech and Global Affairs Innovation Hub of the Paris School of International Affairs, at Sciences Po. Starting in November 2024, the Paris Peace Forum, of which Sciences Po is a founding member, established itself as a major contributor to the IA Action Summit by focusing its debates on international initiatives in favour of the well-being of citizens and the ethical use of artificial intelligence for a more inclusive society.

    MIL OSI Europe News –

    February 7, 2025
  • MIL-OSI Europe: Harmonising the sanctioning of reception conditions when asylum seekers fail to meet their obligations

    Source: European Asylum Support Office

    A recent EUAA report looks at how EU-level and national courts in Member States have shaped the implementation of provisions relating to reducing or withdrawing material reception conditions, such as housing, food, and clothing or financial assistance, when asylum applicants do not comply with their obligations or engage in violent behaviour.

    The European Union Agency for Asylum (EUAA) recently published a comparative analysis of EU and national court decisions, issued over the last 5 years, relating to the sanctioning of asylum applicants when they do not adhere to their obligations. The report comes as national authorities have reported an increase in applicants engaging in disruptive behaviour over the past years, as reported in the EUAA Asylum Report 2024.

    The analysis is limited to jurisprudence regarding sanctions, reductions or withdrawals of material reception conditions provided to asylum applicants and does not relate to criminal proceedings for acts which may qualify as criminal offences in the Member State concerned.

    Given the broad wording in the recast Reception Conditions Directive (RCD), it has long been at the discretion of Member States as to how to interpret the provisions and implement sanctions. However, a 2019 judgment by the Court of Justice of the EU (CJEU) triggered national courts to align practices, resulting in some decisions being overturned by the courts. Most judgments referenced in the analysis, and which can also be found in the EUAA Case Law Database, involve reducing or withdrawing material reception conditions due to serious breaches of accommodation centre rules or seriously violent behaviour.

    The resulting jurisprudence has clarified the conditions for sanctions in four main areas, including:

    • Proportionality between the severity of the violation and the measure being imposed;
    • Imposing sanctions gradually and identifying alternatives;
    • Assessing the cumulative impact of violations by asylum applicants;
    • Responsibilities to provide information and ensure that applicants are adequately informed of the consequences of their actions.

    The findings of the report are particularly important given upcoming changes to these provisions under the revised Reception Conditions Directive, which was adopted as part of the Pact on Migration and Asylum. The updated legislation must be transposed into national law by 12 June 2026. The 2024 Directive broadens the scope of when sanctions can be applied, while it also better defines safeguards to uphold a dignified standard of living.

    Background

    Under Article 20 of the 2013 recast Reception Conditions Directive (recast RCD), Member States may reduce or, in exceptional and duly justified cases, withdraw material reception conditions for applicants for international protection. In this context, national authorities may impose sanctions applicable to serious breaches of the rules of the accommodation centres as well as to seriously violent behaviour.

    Any sanctions must be objective, impartial, motivated and proportionate to the particular situation of the applicant and must, under all circumstances, ensure a dignified standard of living; as established in the landmark CJEU judgment Zubair Haqbin v Belgium (C-233/18, 12 November 2019).

    MIL OSI Europe News –

    February 7, 2025
  • MIL-OSI: WISeSat.Space Announces New 2025 Satellite Launches with Post-Quantum-Ready Technology

    Source: GlobeNewswire (MIL-OSI)

    WISeSat.Space Announces New 2025 Satellite Launches with Post-Quantum-Ready Technology

    Next launch will include SEALCOIN PoC to Enable Decentralized Satellite-IoT M2M Transactions Using Hedera DLT

    Geneva, Switzerland – February 6, 2025 – WISeKey International Holding (“WISeKey” or the “Company”) (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, AI, and IoT company, today announced that its subsidiary, WISeSat has released the satellite launches schedule for 2025, marking a major advancement in secure satellite-based IoT communications.

    The next confirmed launch is scheduled for June 2025 with SpaceX, deploying next-generation WISeSat satellites designed with post-quantum-ready security to protect against future cyber threats, followed by another one in October and a third one in December. This launch series serves as a proof of concept, integrating WISeKey’s trusted Root of Trust with SEALSQ’s cutting-edge Post-Quantum Chips, ensuring unmatched cybersecurity resilience in an evolving digital landscape. These satellites also incorporate incremental technology derived from the SEALSQ quantum roadmap, leveraging innovations from SEALSQ’s partner and startup investment program to enhance security, performance, and efficiency.

    The WISeSat constellation continues to expand, offering real-time, ultra-secure connectivity for IoT devices across industries worldwide. In response to the escalating cyber risks posed by quantum computing advancements, WISeSat reinforces WISeKey’s commitment to pioneering a resilient cybersecurity infrastructure.

    Carlos Moreira, Founder and CEO of WISeKey, emphasized the importance of this initiative noted, “These new launches represent a major step forward in securing IoT communications for the future. By integrating SEALSQ’s Post-Quantum Chips with WISeKey’s trusted Root of Trust, we are ensuring that WISeSat remains a leader in satellite cybersecurity. Our goal is to provide a quantum-resistant, globally connected IoT ecosystem that meets the security challenges of tomorrow.”

    As the satellite IoT communications division of WISeKey, WISeSat was established to meet the growing demand for secure, real-time IoT connectivity across critical industries, including logistics, agriculture, energy, and infrastructure management. WISeSat was established as part of WISeKey’s broader strategy to provide security in the era of quantum computing. Traditional IoT networks face increasing vulnerabilities, and WISeSat addresses these risks by delivering a global, satellite-based solution that combines secure connectivity with post-quantum cryptographic protection.

    Building on the success of its prior missions, WISeKey is preparing multiple WISeSat deployments throughout 2025, which will:

    • Expand the WISeSat satellite network to increase coverage, bandwidth, and redundancy.
    • Integrate AI-driven analytics for enhanced security monitoring and real-time data processing.
    • Develop hybrid terrestrial-satellite solutions to ensure seamless, ultra-secure IoT connectivity.

    WISeSat.Space AG is at the forefront of secure IoT connectivity and climate change monitoring, leveraging advanced satellite technology to deliver cost-effective, secure global communications. The WISeSat constellation supports key applications such as environmental monitoring, disaster management, and sustainable development. By integrating satellite-generated data with advanced climate models, WISeSat plays a crucial role in improving environmental intelligence and developing strategies to combat climate change.

    As the cyber and environmental landscapes continue to evolve, initiatives like WISeSat’s IoT satellite constellation will be critical in shaping a more resilient, secure, and sustainable future. With multiple launches planned for 2025, including the next confirmed mission with SpaceX in June, WISeKey remains at the forefront of securing the IoT ecosystem through space-based technology, leading the way toward a quantum-secure digital world.

    The June launch will include a PoC that will demonstrate SEALCOIN’s groundbreaking potential to facilitate decentralized space transactions in the growing Internet of Things (IoT) ecosystem. Leveraging the SEALCOIN platform, the PoC will enable satellite-initiated transactions to IoT devices without human intervention. The tokens, based on Hedera Decentralized Ledger Technology (DLT), ensure secure, transparent, and tamper-proof exchanges, driving the creation of a scalable Transactional IoT (t-IoT) infrastructure.

    In June, SEALSQ will launch a Proof of Concept (PoC) showcasing SEALCOIN’s transformative potential in decentralized space transactions within the expanding Internet of Things (IoT) ecosystem.

    • The PoC will enable satellite-initiated transactions with IoT devices without human intervention, establishing a seamless, autonomous data and value exchange mechanism.
    • SEALCOIN tokens, built on Hedera’s Decentralized Ledger Technology (DLT), ensure secure, transparent, and tamper-proof transactions.
    • This initiative will pave the way for a scalable Transactional IoT (t-IoT) infrastructure, enhancing efficiency and security in space-based IoT communications.

    This breakthrough aims to redefine machine-to-machine (M2M) transactions in sectors like smart cities, logistics, and remote sensing, opening new possibilities for secure, decentralized IoT applications beyond Earth.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 
    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI: LPL Financial Welcomes Jackson/Roskelley Wealth Advisors

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 06, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Jared Roskelley, CFP®, and Kyle Robertson, CFP®, of Jackson/Roskelley Wealth Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $345 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise.

    Based in Scottsdale, Ariz., Jackson/Roskelley Wealth Advisors was founded on the principles of integrity, insight and independence. Founder Bob Jackson started the firm in 1994, bringing Roskelley on board as a shareholder in 2006 after the two struck up a friendship during coursework for CFP® certification. Roskelley later became president and CEO, allowing Jackson to successfully transition into retirement. Robertson joined the practice in 2015 and now serves as managing director and represents the third generation of ownership for Jackson/Roskelley Wealth Advisors.

    “We offer investment strategies, financial planning and goals-based advice to help clients feel more confident about their financial future,” said Roskelley, who learned early on about the complexities of finance from his father, a tax and insurance specialist. “We focus on the comprehensive nature of financial planning to integrate investments, risk tolerance, estate planning and tax strategies into a singular, personalized plan for each client.”

    Looking to get back to their true independent roots, the advisors turned to LPL for the next chapter of their business.

    “From Day One, we’ve always valued independence and entrepreneurship,” Roskelley said. “By moving to LPL we have more control of our destiny and the power to do what’s in our clients’ best interests. We appreciate that LPL does not offer proprietary investment products, and we also believe clients will benefit from LPL’s industry-leading, integrated technology that allows them to access all their account information with a single login.”

    Staying involved in the community is a priority for both advisors. Roskelley is in the Boy Scouts of America Scoutmaster Hall of Fame (Mesa District) and previously served as director of programming for the Financial Planning Association of Greater Phoenix. Robertson is also active in his community, serving as president of his school’s parent-teacher organization and athletic committee while also coaching multiple youth sports leagues.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Jared and Kyle to the LPL community. LPL is committed to delivering innovative capabilities and strategic resources that make it easier for advisors to manage their practices, accelerate their business and build long-term value with their clients. We look forward to supporting Jackson/Roskelley Wealth Advisors for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 29,000 financial advisors and the wealth management practices of 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Jackson/Roskelley Wealth Advisors and LPL are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated as reported to LPL

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #688390

    The MIL Network –

    February 7, 2025
  • MIL-OSI: NANO Nuclear Energy Engages aRobotics Company and Commits to Multimillion Dollar Investment to Build Out its New Advanced Demonstration Facility

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., Feb. 06, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has engaged aRobotics Company, a leading innovator in robotics fabrication, inspection, engineering and testing, to oversee the multimillion dollar build out of NANO Nuclear’s recently announced demonstration facility in Westchester County, New York. aRobotics will also assist NANO Nuclear with the fabrication of key components for the demonstration facility.

    Under the agreement, following completion of the facility’s retrofitting, aRobotics Company will manage the construction of certain non-nuclear elements crucial to the design and operation of NANO Nuclear’s four reactors in development: ZEUS, ODIN, LOKI MMRTM and KRONOS MMRTM. This includes leading the development and fabrication of custom sensors and equipment needed to evaluate demonstration components. Additionally, aRobotics will support NANO Nuclear’s ongoing SBIR Phase III project for its Annular Linear Induction Pump (ALIP) technology, a key enabling technology within NANO Nuclear’s suite of advanced nuclear energy systems.

    “We are delighted to work alongside NANO Nuclear and its management team to deliver a sophisticated demonstration facility for the company,” said Akaash Kancharla, Chief Executive Officer of aRobotics Company. “Though microreactors rely on fission processes to generate energy, there are numerous non-nuclear components which are critical to the operation of these energy systems. The experience we’ve gained through our extensive engineering work with the Department of Defense and large defense prime contractors will be instrumental as we support NANO Nuclear in advancing its next phase of reactor development.”

    Figure 1 – NANO Nuclear Energy Engages aRobotics Company to Oversee the Retrofitting of its Advanced Demonstration Facility in Westchester County, New York and Lead the Fabrication of Non-Nuclear Components for its Suite of Energy Systems.

    aRobotics develops, fabricates, and operates advanced robotic systems for inspecting and testing critical infrastructure in both civilian and defense contexts. The company has been recognized with multiple honors, including the NATO DIANA Challenge, the NYC Department of Building Challenge, active contracts with all major branches of the U.S. Military (including nearly 20 SBIR awards), and the Propel by MIPIM Startup Competition. aRobotics designs, develops and fabricates its suite of engineering robotics and provides materials testing solutions in-house at its own facilities. With numerous filed, published, and issued patents in the United States and internationally, aRobotics delivers cutting-edge solutions that ensure the structural integrity of significant assets and is routinely used on large infrastructural projects across the nation from interstates to skyscrapers. Building on its extensive deep technology engineering experience, aRobotics delivers cutting-edge, mission-ready solutions with reliability, efficiency, and innovation.

    “We are thrilled to engage aRobotics Company, whose proven track record in meeting stringent quality standards makes them an ideal partner,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “Their extensive track record, particularly their work with the U.S. Department of Defense, give us confidence in their ability to manage the design and construction of our new demonstration facility as well as oversee the fabrication of certain key components such as the ALIP technology, ensuring we continue on a clear path toward demonstration and eventual commercialization.”

    “We are very pleased to partner with aRobotics Company on this phase of our development,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “In addition to overseeing the final build out of our new demonstration facility, aRobotics will play a pivotal role in fabricating and refining essential non-nuclear components that support our reactor energy systems. Their efforts will complement our technical teams’ work, helping to accelerate design development and maintain the highest standards of safety and performance for our reactors.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR™ Energy System and space focused, portable LOKI MMR™.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:
    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include statements regarding the qualifications of aRobotics Company as applied to NANO Nuclear’s projects as well as other anticipated benefits of the NANO Nuclear’s engagement of aRobotics Company. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Innovator Launches QBF, a Bitcoin ETF Providing a 20% Floor* Against Losses with No Cap on the Upside

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 06, 2025 (GLOBE NEWSWIRE) — Innovator Capital Management, LLC (Innovator), pioneer and provider of the first and largest lineup of Defined Outcome ETFs™, today announced the launch of the Innovator Uncapped Bitcoin 20 Floor ETF® – Quarterly (QBF), the first ETF offering uncapped, risk-managed bitcoin exposure.

    Following the launch and record demand for spot bitcoin ETFs — coupled with a new presidential administration signaling greater friendliness towards crypto — investors and financial advisors are looking for opportunities to increase exposure to the emerging asset class, despite concerns of potentially large drops in investment value. QBF is designed to offer investors protection against losses greater than 20%* in bitcoin and uncapped upside with an 80% participation rate over a quarterly outcome period.

    Ticker QBF
    Name Innovator Uncapped Bitcoin 20 Floor ETF® – Quarterly
    Exposure Spot Bitcoin
    Downside Protection 20% Floor*
    Participation Rate 80% Participation Rate (uncapped)
    Outcome Period 3-Months
    Reference Asset Cboe Bitcoin U.S. ETF Index

    The Fund does not invest directly in bitcoin.

    Historically, bitcoin exhibits large swings in price movement — both to the upside and downside over quarterly timeframes. For example, in 2018, bitcoin experienced quarterly losses of 51% in the first quarter and 44% in the fourth quarter. More recently, bitcoin experienced its second worst quarterly loss during the second quarter of 2022, losing nearly 60% of its value. Conversely, bitcoin’s best calendar quarter returns for each year from 2019 to 2024 were 178%, 171%, 103%, 4%, 72%, and 67%. QBF seeks to provide investors with exposure to the upside volatility while mitigating the downside potential.

    “Many investors are intrigued by crypto’s outsized gains and are gravitating towards bitcoin but are wary of losing everything,” said Graham Day, CIO at Innovator. “We brought QBF to market as a solution for advisors who want to offer clients bitcoin’s upside potential while simultaneously capping downside losses. Bitcoin has historically offered an asymmetric return profile, and it was crucial that we not cap upside gains in our efforts to cap downside losses.”

    About Innovator Capital Management, LLC

    Innovator was established in 2017 by Bruce Bond and John Southard, founders of the PowerShares ETF lineup that has grown to be the fourth largest in the world. The listing of three Innovator Buffer ETFs™ in August 2018 marked the launch of the world’s first Defined Outcome ETFs™. Innovator is dedicated to providing ETFs with built-in risk management that offer investors a high level of predictability around their investment outcomes. Today, with more than 130 ETFs and $23 billion in AUM, Innovator is the industry’s leading provider of Defined Outcome ETFs™.

    Media Contact
    Frank Taylor / Stephanie Dressler
    innovator@dlpr.com
    (646) 808-3647

    * Before fees and expenses.

    There is no guarantee the Fund will achieve its investment objective. The Fund has characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus.

    The Fund faces numerous market trading risks, including bitcoin risk, bitcoin ETP risk, Defined Outcome strategy risk, Floor risk, Participation Rate risk, Outcome Period risk, derivatives risk, position limits risk, correlation risk, management risk, market risk, investment in a subsidiary risk, market maker risk, non-diversification risk, operation risk, options risk, trading issues risk, upside participation risk, and valuation risk. For a detailed list of Fund risks see the prospectus.

    The Fund seeks to provide shareholders with investment results that participate in a percentage of any positive price returns of bitcoin (the “Participation Rate”) while pursuing a maximum loss of 20% of any bitcoin price return losses (the “Floor”), before fees and expenses, over the Outcome Period. The Fund provides exposure to bitcoin price returns by investing in FLEX Options that reference one or more exchange-traded products that hold bitcoin directly or that reference the Cboe Bitcoin U.S. ETF Index. The Cboe Bitcoin U.S. ETF Index is a modified market capitalization-weighted index that is designed to track the performance of a basket of bitcoin ETFs listed on U.S. exchanges. The Fund does not directly invest in bitcoin.

    The Fund will not participate in the entirety of gains experienced by the bitcoin price and Fund shareholders will forfeit any gains in the bitcoin price that exceed the Participation Rate. The Participation Rate should be considered before investing in the Fund.

    The Participation Rate is a result of the Fund’s sought-after downside protection and is dependent upon market conditions at the time the Fund enters into its FLEX Options for the Outcome Period and is likely to rise or fall from one Outcome Period to the next. It is possible that the Participation Rate in a subsequent Outcome Period could be substantially lower or higher than the current Participation Rate.

    The Fund will experience the losses of the bitcoin price on a one-to-one basis prior to the Floor. If the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may experience additional losses prior to the Floor to the extent the price of Shares has appreciated since the commencement of the Outcome Period. An investment in the Fund is only appropriate for shareholders willing to bear those losses.

    The Outcomes may only be realized by investors who hold shares at the outset of the Outcome Period and continue to hold them until the conclusion of the Outcome Period. Investors that purchase shares after the Outcome Period has begun or sell shares prior to the Outcome Period’s conclusion may experience investment returns that are very different from those that the Fund seeks to provide. The Fund will not terminate after the conclusion of the Outcome Period. After the conclusion of the Outcome Period, another will begin. Fund returns for a single Outcome Period will be different than the Outcomes achieved by the Fund over multiple Outcome Periods. There is no guarantee that the Outcomes for an Outcome Period will be realized.

    Bitcoin Investing Risk. The further development of the Bitcoin Network and the acceptance and use of bitcoin are subject to a variety of factors that are difficult to evaluate. The value of bitcoin has been, and may continue to be, substantially dependent on speculation. The slowing, stopping or reversing of the development of the Bitcoin Network or the acceptance of bitcoin may adversely affect the price of bitcoin. Bitcoin is subject to the risk of fraud, theft, manipulation or security failures, operational or other problems that impact the digital asset trading venues on which bitcoin trades. The Bitcoin Blockchain may contain flaws that can be exploited by hackers. Cryptocurrency exchanges have stopped operating and have permanently shut down due to fraud, technical glitches, hackers, or malware. Cryptocurrencies operate without central authority, are not backed by any government, and may experience very high volatility.

    FLEX Options Risk. The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.

    The Fund’s investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contain this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.

    The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF™, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF™, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Stacker ETF™, Step-Up™, Step-Up ETFs®, Target Protection ETF™, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.

    Investing involves risks. Loss of principal is possible. Innovator ETFs are distributed by Foreside Fund Services, LLC.

    Copyright © 2025 Innovator Capital Management, LLC. All rights reserved.

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Correction: Agillic A/S publishes preliminary results for 2024 and guidance for 2025 – date changed

    Source: GlobeNewswire (MIL-OSI)

    Announcement no. 02 2025
    Inside information

    Copenhagen – 6 February 2025 – Agillic A/S

    Correction: Date changed to 6 February 2025

    Preliminary results for 2024
    ARR from subscriptions is expected to be DKK 54.3m in 2024, which is 3% below the guidance of DKK 56-60m.
    ARR from transactions is expected to be DKK 11.2m in 2024, which is in line with the guidance of DKK 10-14m.
    Total ARR is therefore expected to be DKK 65.5m in 2024 compared to the guidance of DKK 66-74m.
    As a result of the development in revenue from subscriptions, total revenue is expected to be DKK 60.2m in 2024, which is 3% below the guidance of DKK 62–66m.
    EBITDA is expected to be DKK 1.0m, which is in line with the guidance of DKK 0-2m.

    2024 was a challenging year that led to a reorganisation, reductions in costs and staff, and a redefinition of company focus. In 2025, a new management team is in place focusing on improved sales in core markets, new product offerings and features, and a robust organization.

    Annual Report release
    Please note that figures referenced above are unaudited. The Annual Report 2024 is scheduled to be released on 25th February 2025 followed by a management presentation

    Guidance for 2025
    In 2025, revenue is expected to amount to DKK 60-63m (2024 prelim: DKK 60.2m) with an EBITDA of DKK 5-8m (2024 prelim: DKK 1.0m). ARR from subscriptions is expected to grow to DKK 56-60m (2024 prelim: DKK 54.3m). 

    Financial guidance 2025

    Revenue DKK 60-63m
    EBITDA DKK 5-8m
    ARR Subscriptions DKK 56-60m

    For further information, please contact:
    Christian Samsø, CEO
    +45 24 88 24 24
    Christian.samsoe@agillic.com

    Claus Boysen, CFO
    +45 28 49 18 46
    claus.boysen@agillic.com

    Certified Adviser
    HC Andersen Capital
    Pernille Friis Andersen

    Disclaimer
    The forward-looking statements regarding Agillic’s future financial situation involve factors of uncertainty and risk. which could cause actual developments to deviate from the expectations indicated. Statements regarding the future are subject to risks and uncertainties that may result in considerable deviations from the presented outlook. Furthermore. some of these expectations are based on assumptions regarding future events. which may prove incorrect. Please also refer to the overview of risk factors in the ‘risk management’ section of the annual report.

    About Agillic A/S
    Agillic A/S (Nasdaq First North Growth Market Denmark: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate, and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit agillic.com.  
      

    Published on 6 February 2025

    Attachment

    • Agillic CA_no 2 06022025

    The MIL Network –

    February 7, 2025
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