Category: Economy

  • MIL-OSI: Quantum Computing Market Witnessing Surge in Government and Private Sector Funding

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 10, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The quantum computing ecosystem is expanding, with an increasing number of startups entering the market. These startups are focusing on various aspects of quantum technology, from hardware and software to applications. Quantum computing is also disrupting and helping manage large drone fleets by optimizing resource allocation, scheduling, and communication, potentially enabling more coordinated and efficient operations. Furthermore, the quantum computing market is witnessing a surge in government and private sector investments. Governments are allocating substantial funds to quantum research and development to maintain a competitive edge in emerging technologies. A report from Grand View Research said that the global quantum computing market size was estimated at USD 1.42 billion in 2024 and is projected to reach USD 4.24 billion by 2030, growing at a CAGR of 20.5% from 2025 to 2030. The report said: “Quantum computing is still considered an emerging technology with significant potential. Unlike classical computers that use bits, quantum computers use quantum bits or qubits, which can represent both 0 and 1 simultaneously due to the principles of quantum mechanics. This makes quantum computers well-suited for specific types of complex calculations. Quantum computing has the potential to revolutionize various industries due to its unique and powerful computational capabilities, which arise from the principles of quantum mechanics. One of the most significant potential applications of quantum computing is in the field of cryptography. Quantum computers can efficiently solve certain mathematical problems that are currently the basis of modern encryption techniques.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Quantum Corporation (NASDAQ: QMCO), Rigetti Computing, Inc. (NASDAQ: RGTI), D-Wave Quantum (NYSE: QBTS), Super Micro Computer, Inc. (NASDAQ: SMCI).

    Grand View Research added: “Furthermore, the pharmaceutical industry can benefit significantly from quantum computing. Drug discovery involves simulating complex molecular interactions, which is a computationally intensive process. Quantum computers can accelerate the simulation of molecular structures and interactions, leading to faster drug discovery and the development of more effective medicines. This can potentially save both time and resources in the drug development process. Quantum cloud services refer to cloud-based platforms that provide access to quantum computing resources and tools over the internet. Some companies are beginning to offer quantum cloud services, allowing researchers and developers to access quantum computing resources through the cloud. This has democratized access to quantum computing power. Quantum computers are highly specialized and expensive machines that require specialized expertise to operate. By offering quantum computing capabilities through the cloud, more researchers, businesses, and developers can access these resources without the need for significant investments in hardware, infrastructure, or in-house expertise.”

    ZenaTech (NASDAQ:ZENA) Creates First Quantum Computing Prototype Enabling Disruptive AI Drone Speed and Precision for Future Commercial and US Defense Applications – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces the successful development of its first quantum computing prototype consisting of a framework for the rapid analysis and processing of large datasets for its AI drone solutions. Using weather forecasting algorithms as part of its Clear Sky project as a test case, the company has created a precedent framework for real time analysis of massive amounts of data that can be captured through AI drone sensors while in the air.

    The Company envisions commercial applications ranging from highly efficient precision agriculture to predictive energy infrastructure inspections. Defense applications include enhancing real-time battlefield decision-making with faster and more precise threat detection, reconnaissance, and advance electronic warfare capabilities.

    “We’re not just building smarter drones, we’re building a quantum-intelligent edge where data becomes decisions in an instant, whether it’s a battlefield or a farm field,” said Shaun Passley, Ph.D., ZenaTech CEO. “We believe this quantum framework we are creating is just the beginning as we’ve now demonstrated it can use it for large datasets. We plan to keep expanding R&D capabilities, with the goal of growing our team of 6 to 25 over the coming months. The end goal is clear: accelerate time to market, reduce operational costs, and lead the industry as a true innovator,” added Dr. Passley.

    ZenaTech’s Clear Sky project is one of the company’s quantum computing R&D initiatives focused on weather forecasting that will use AI drones and drone fleets plus quantum to better predict localized weather for more accurate prediction of extreme weather events saving lives and reducing costs and destruction. The weather application and algorithms used for the prototype track and analyze multiple key atmospheric parameters such as temperature, humidity, wind, barometric pressure, and precipitation. Internal testing using historical open-source data has shown a high degree of accuracy with trusted weather platforms and actual data, validating both its accuracy and reliability.

    Quantum computing combined with AI-powered drone applications enables disruptive speed, precision, and autonomy by dramatically accelerating data analysis, optimizing complex decisions, and enhancing real-time responsiveness. In commercial sectors, this means drones can autonomously inspect vast energy grids or farmland, instantly analyze multispectral data, and adjust actions on the fly—leading to lower costs and higher productivity in agriculture, logistics, and infrastructure. In defense, the same capabilities empower autonomous surveillance drones to process sensor data and identify threats in real time, coordinate swarm or drone fleet movements, and dynamically adapt to changing battlefield conditions—all with minimal human input. This fusion of technologies allows drones to make faster, smarter decisions in unpredictable, data-intensive environments—reshaping what’s possible across industries.

    For weather forecasting, quantum computing can rapidly process and simulate complex atmospheric models by analyzing massive datasets from AI-enabled drones equipped with weather sensors, LiDAR, and imaging systems. This allows for highly accurate, real-time weather forecasting and microclimate prediction, improving response times for disaster management, aviation safety, and environmental monitoring.

    Quantum computing is a next-generation computing technology that uses the principles of quantum physics to process information exponentially faster than traditional computers, enabling it to solve highly complex problems that are otherwise unsolvable by even the most powerful classical computers of today.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Quantum Corporation (NASDAQ: QMCO), recently announced support for LTO® Ultrium® format generation 10 full-height tape drives in its Scalar tape libraries, including industry-leading Scalar® i7 RAPTOR, Scalar i6, and Scalar i6000 systems. This latest advancement strengthens Quantum’s leadership in delivering high-density, secure, and cost-effective archival storage solutions. By combining the massive native capacity of 30 TB per LTO-10 cartridge (up to 75 TB compressed at 2.5:1) with Quantum’s advanced tape automation and intelligent management software, customers gain the highest storage density, lowest total cost of ownership, and strongest cyber protection—ideal for long-term archiving in an era where preserving every bit of data is essential to staying competitive.

    Quantum, along with IBM® and HPE®, is a long-standing member of the LTO Consortium, the group of companies that directs development and manages licensing and certification of LTO. LTO-10 serves as a core enabling technology across Quantum’s end-to-end solutions, powering integrated cold storage tiers ActiveScale® object storage, extending automated archival tiers in StorNext® file system, and enhancing long-term backup retention DXi® data protection appliances. These deep integrations unlock the highest levels of seamless, scalable storage, from high-performance workflows to ultra-durable, AI-ready archives.

    QphoX B.V., a Dutch quantum technology startup developing leading frequency conversion systems for quantum applications, Rigetti Computing, Inc. (NASDAQ: RGTI), a pioneer in full-stack quantum-classical computing, and the National Quantum Computing Centre (NQCC), the UK’s national lab for quantum computing, recently announced that they have been awarded a multinational grant to perform readout of superconducting qubits using light transmitted over optical fiber.

    In a recent demonstration, QphoX and Rigetti validated the potential of this technique by optically reading out the state of a single superconducting qubit. Optical readout is made possible by microwave-to-optical transduction at the base temperature of the cryostat. This transduction process converts the information contained in the microwave readout pulse into an optical signal carried over optical fiber. This approach could eventually replace conventional microwave amplifiers and coaxial wiring as part of the qubit signal processing chain and thereby offer considerable scaling advantages due to the comparatively low dissipation of the transducer and the negligible passive heat loads from telecommunications optical fiber.

    D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has recently completed sales of $400 million in gross proceeds of its common stock under its previously disclosed “at-the-market” (“ATM”) equity offering program. The program, which ran from June 11 to June 27, closed at an average share price of $15.18. This represents a 149% premium over the $6.10 average share price for the sales under the company’s prior $150 million ATM program completed in January.

    The Company intends to use the proceeds from this financing primarily for strategic acquisitions and general corporate purposes including additional working capital and capital expenditures.

    “With what we believe to be the strongest balance sheet of any public, independent quantum computing company, we intend to invest in acquisitions and programs that will enable us to expand our already significant lead as the only commercial quantum computing company with applications in production,” said Dr. Alan Baratz, CEO of D-Wave.

    Super Micro Computer, Inc. (NASDAQ: SMCI) recently announced an industry immersion cooling certification for Supermicro’s BigTwin Server with 4th and 5th Gen Intel Xeon Scalable Processors from Intel. With rigorous testing, the Supermicro server, in combination with a defined liquid and immersion tank, is quality/performance tested and is now recognized as a certified immersion server. In addition, the Supermicro BigTwin system has passed thorough testing as specified by the Open Compute Project (OCP) specification for material compatibility for immersion cooling.

    “Supermicro’s collaboration with Intel is a long-standing, strategic association that combines Intel’s cutting-edge processor technologies with Supermicro’s high-performance building block solutions, including AI, HPC, intelligent edge/IoT, networking, and storage,” said Ray Pang, Senior Vice President of Technology Enablement, Supermicro. “Certifying our BigTwin server for immersion cooling within the Intel and OCP guidelines and practices ensures customers that their Supermicro server will be fully functional when immersed in the specified liquid.”

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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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 one 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.

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

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: BTCC Exchange Strengthens Position in Tokenized Futures Trading with Diverse Asset Offerings and Enhanced Tools

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet accompanying this announcement is available by clicking on this link.

    VILNIUS, Lithuania, July 10, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving crypto exchange, has expanded its tokenized futures products with the addition of Pop Mart International Group Ltd. (POPMART) and WTI Crude Oil (USOIL), while integrating TradingView’s advanced technical analysis tools into its web platform.

    Tokenized futures allow traders to gain exposure to traditional financial assets using cryptocurrency. BTCC now offers over 370 futures contracts, with new tokenized additions recording 1 million USDT in trading volume within their first week of launch in June 2025.

    BTCC’s tokenized futures now span 49 traditional market assets across four main categories, with USDT as the trading currency:

    • Stocks: Tesla, Apple, Microsoft (up to 50x leverage)
    • Commodities: Gold, silver (up to 150x leverage)
    • Forex: EUR, GBP (up to 200x leverage)
    • Indices: S&P 500, Dow Jones (up to 50x leverage)

    “We’ve been offering tokenized futures ahead of this trend, recognizing early how blockchain technology can revolutionize access to traditional markets,” said Alex Hung, Head of Operations at BTCC. “This product category seamlessly integrates traditional finance with DeFi, allowing easy access to diverse markets through a single crypto platform.”

    Following the product expansion, BTCC has enhanced its web platform with TradingView’s advanced technical analysis tools:

    • Drag-and-Drop TP/SL Setting: Set Take Profit and Stop Loss levels directly on charts.
    • Split-screen functionality: Monitor multiple charts simultaneously with independent drawings.
    • Fibonacci Bollinger Bands (FBB): Combines Fibonacci retracement levels with Bollinger Bands.

    The tokenized futures market has seen growing interest as traders seek traditional asset exposure through crypto platforms. BTCC’s approach provides leveraged trading opportunities with the convenience of trading traditional assets using cryptocurrency.

    The exchange plans to continue expanding its tokenized offerings throughout 2025, with new assets being added regularly to meet growing trader demand.

    About BTCC Exchange

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Official website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    The MIL Network

  • MIL-OSI: BTCC Exchange Strengthens Position in Tokenized Futures Trading with Diverse Asset Offerings and Enhanced Tools

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet accompanying this announcement is available by clicking on this link.

    VILNIUS, Lithuania, July 10, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving crypto exchange, has expanded its tokenized futures products with the addition of Pop Mart International Group Ltd. (POPMART) and WTI Crude Oil (USOIL), while integrating TradingView’s advanced technical analysis tools into its web platform.

    Tokenized futures allow traders to gain exposure to traditional financial assets using cryptocurrency. BTCC now offers over 370 futures contracts, with new tokenized additions recording 1 million USDT in trading volume within their first week of launch in June 2025.

    BTCC’s tokenized futures now span 49 traditional market assets across four main categories, with USDT as the trading currency:

    • Stocks: Tesla, Apple, Microsoft (up to 50x leverage)
    • Commodities: Gold, silver (up to 150x leverage)
    • Forex: EUR, GBP (up to 200x leverage)
    • Indices: S&P 500, Dow Jones (up to 50x leverage)

    “We’ve been offering tokenized futures ahead of this trend, recognizing early how blockchain technology can revolutionize access to traditional markets,” said Alex Hung, Head of Operations at BTCC. “This product category seamlessly integrates traditional finance with DeFi, allowing easy access to diverse markets through a single crypto platform.”

    Following the product expansion, BTCC has enhanced its web platform with TradingView’s advanced technical analysis tools:

    • Drag-and-Drop TP/SL Setting: Set Take Profit and Stop Loss levels directly on charts.
    • Split-screen functionality: Monitor multiple charts simultaneously with independent drawings.
    • Fibonacci Bollinger Bands (FBB): Combines Fibonacci retracement levels with Bollinger Bands.

    The tokenized futures market has seen growing interest as traders seek traditional asset exposure through crypto platforms. BTCC’s approach provides leveraged trading opportunities with the convenience of trading traditional assets using cryptocurrency.

    The exchange plans to continue expanding its tokenized offerings throughout 2025, with new assets being added regularly to meet growing trader demand.

    About BTCC Exchange

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Official website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    The MIL Network

  • MIL-OSI: Uzbekistan State Registered Token Backed by Government Bonds

    Source: GlobeNewswire (MIL-OSI)

    TASHKENT, Uzbekistan, July 10, 2025 (GLOBE NEWSWIRE) — The national payment system HUMO has announced the launch of a project for issuing its own token backed by Uzbekistan’s government bonds. The new token is issued by HUMO Digital, a subsidiary of the system. This marks an important step in advancing innovative financial solutions in the country’s economy.

    The issuance of the HUMO token has been registered in the Unified Electronic Register of Crypto-Assets maintained by the National Agency for Prospective Projects of the Republic of Uzbekistan (NAPP). Oversight of the token’s collateral and its safekeeping is handled by the Asterium crypto depository. The HUMO token is backed by government bonds of Uzbekistan, which ensures its stability and protects it from sharp price fluctuations.

    The HUMO token is a project of the national payment system HUMO, a key driver of Uzbekistan’s digital transformation in the financial sector. With over 35 million issued cards and deep integration into the country’s banking and retail infrastructure, HUMO plays a vital role in the everyday financial life of millions of citizens.

    The token’s launch aims to attract foreign investment, simplify business payments, and enhance financial transparency. A token backed by government bonds also strengthens control over transactions and builds trust in innovative financial instruments.

    The HUMO token offers several key advantages: instant and automated fiat conversion, no delays or intermediaries, lower transaction costs, and full transparency and security through blockchain-based data recording.

    The goal of the current stage is to test settlement and integration mechanisms with participation from businesses and retail users, and to explore real-world use cases for the backed token in financial processes.

    Looking ahead, the project plans to introduce new features for companies interested in using advanced tools for payments and operations. The HUMO token will be integrated into payment solutions and is expected to be listed on digital trading platforms. The issuance and circulation mechanisms were designed to fit seamlessly into Uzbekistan’s existing financial infrastructure.

    Maqsad Mukhitdinov, Acting Chairman of the Board of the National Interbank Processing Center (operator of the HUMO national system), stated:

    “The issuance of the HUMO token is a logical step in the evolution of our ecosystem, aimed at creating a secure and regulated backed asset. We seek to combine the benefits of blockchain technology with the reliability of our national payment infrastructure, ensuring user convenience and transparency.”

    Komilkhuzha Sultonov, Director of Asterium, added:

    “This project is more than just a tech innovation — it’s a major step toward building a transparent and resilient financial environment. It opens new opportunities for shaping the economy of the future while reinforcing Asterium’s role as a driver of digital transformation in Uzbekistan.”

    About HUMO

    HumoCard is a national payment system based on banking payment cards, enabling transactions both within Uzbekistan and internationally. HUMO is an integral part of the country’s payment ecosystem. It connects participants, instruments, and platforms in interbank settlements, enabling smooth domestic money transfers and interactions with foreign payment systems.

    HUMO has established direct relationships with major global payment systems such as Visa, MasterCard, and UnionPay International, allowing for foreign currency operations with HUMO bank cards abroad and accepting foreign-issued cards in Uzbekistan. The system is actively expanding integrations with Georgia, Kazakhstan, Kyrgyzstan, South Korea, Turkey, Armenia, and India.

    Contact:
    Aleksey Maksimov
    Chairman of the Board of the National Interbank Processing Center (NMPC)
    info@humocard.uz

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3603408-71f1-47bc-ac1b-a45c2be4ce11

    The MIL Network

  • MIL-OSI Canada: Competition Bureau monitoring Interac’s commitment on e-transfer pricing

    Source: Government of Canada News

    Changes will help smaller banks compete by levelling the playing field in the financial services sector

    July 10, 2025 – GATINEAU (Québec), Competition Bureau 

    The Competition Bureau is monitoring Interac’s commitment to change its wholesale e-transfer pricing structure from volume-based to a flat-fee, which is set to take place on November 1, 2025. Interac charges banks, credit unions and other financial institutions a wholesale fee for each e-transfer that their customers make.

    Interac’s current tiered, volume-based pricing provides significant discounts to financial institutions that process large volumes of e-transfers. This benefits Canada’s largest banks who process hundreds of millions of
    e-transfers each year but burdens smaller financial institutions with higher costs because they operate at a much lower volume.

    Flat-fee pricing for e-transfers, where financial institutions of all sizes pay the same rate, will help level the playing field. This will support more competition and innovation in Canada’s financial services sector. More competition will allow Canadians to benefit from greater choice, lower prices and better service.

    The Bureau will continue to monitor Interac’s e-transfer pricing and business practices to ensure they comply with the Competition Act. Businesses that have a dominant position in the market must not misuse their market power to create an unfair competitive advantage and hurt competition.

    The Bureau urges Canadians to use the online complaint form to report any potential anti-competitive behaviour related to Interac’s commitment or its conduct in the marketplace.

    MIL OSI Canada News

  • MIL-OSI: LPL Financial Welcomes The Narmi Group Investment Management to Linsco Channel

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 10, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Charlie Narmi and Theresa Rynaski, CFP®, have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch The Narmi Group Investment Management. They reported serving approximately $870 million in advisory, brokerage and retirement plan assets* and join LPL from Robert W. Baird & Co.  

    Based in Omaha, Neb., Narmi, a second-generation financial advisor, and Rynaski have worked together for two decades and have built a reputation as a team that goes above and beyond for their clients — which includes a mix of young professionals, non-profit organizations and those nearing or in retirement.

    “We pride ourselves on being a one-stop-shop for our clients,” Rynaski said. “It’s not unusual for us to go the Social Security office with them or help them research nursing homes. We are honored that our clients trust us with so many important life decisions, as well as with their financial futures, and it’s a privilege to walk alongside them every step of the way.”

    Why The Narmi Group Investment Management made the move to Linsco by LPL
    The transition to LPL Financial for the next chapter of their business was motivated by the team’s aspiration for autonomy, flexibility and enhanced technology. They were drawn to the Linsco model, which serves financial advisors seeking the core tenets of independence, including owning their client relationships and having flexibility to run their practice, their way. With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of having support from an experienced branch management team, dedicated marketing consultant and other resources that allow advisors to focus on their clients.

    “Partnering with LPL will allow us to have the backing of a large firm, but with the independence to serve our clients our way,” Rynaski said. “LPL provides the ideal platform, size and scale, and their commitment to invest heavily in integrated and streamlined technology will allow us to best support our clients, grow our business and build more long-lasting relationships.”

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Charlie and Theresa to the Linsco community, and congratulate them on the launch of The Narmi Group Investment Management. At LPL, we are committed to offering differentiated experiences for advisors and their clients. We do that by offering unparalleled flexibility, strategic resources and innovative technology designed to help advisors deliver an elevated client experience while operating thriving practices. We look forward to supporting The Narmi Group Investment Management 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 over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 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 LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.

    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 based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #749827

    The MIL Network

  • MIL-OSI: Revenera and Bitsea Announce Stronger Partnership to Deliver Open Source Audit Services

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., July 10, 2025 (GLOBE NEWSWIRE) — Revenera, provider of innovative solutions that help technology companies manage open source risk, ensure license compliance, and secure their software supply chain, today announced an even stronger partnership with the software composition analysis (SCA) and open source expert Bitsea for audits and services. Building on more than a decade of collaboration, Bitsea is taking on Revenera’s services delivery, focusing on high quality services to end customers who need open source scans for compliance reasons or as part of mergers and acquisitions (M&A). Revenera will continue to focus on product innovation and development for its SCA solutions, including its code scanning and software bill of materials (SBOM) management solutions, Code Insight and SBOM Insights.  

    A well-established auditing and compliance company, Bitsea supports leading global enterprises in highly regulated industries including automotive, defense, logistics, banking, insurance, and M&A. The company is a recognized member of the OpenChain Project and actively contributes to the advancement of open source governance best practices. 

    “Revenera is excited about the stronger, now global, partnership with Bitsea. It allows everyone to do what they are best at, with a strong focus on customer value. Bitsea provides outstanding SCA services to customers who will benefit from expert advice, excellent and swift execution, and reliable results, all delivered with the help of Revenera’s products,” said Nicole Segerer, SVP and General Manager of Revenera. “Revenera will focus even more on delivering innovation across our SCA product portfolio and continue the journey of enabling all companies to manage and act on their software bill of materials.”

    As a result of the partnership, Revenera will enable customers and partners to work with Bitsea for any SCA services delivery. There is no change to Revenera’s product strategy or delivery. Revenera and Bitsea are committed to maintaining the same high-quality service that customers expect, while enabling greater responsiveness and flexibility. 

    For more information, please contact us

    About Revenera
    Revenera helps product executives build better products, accelerate time to value and monetize what matters. Revenera’s leading solutions help software and technology companies drive top line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis and deliver an excellent user experience—for embedded, on-premises, cloud and SaaS products. To learn more, visit www.revenera.com.

    About Bitsea
    Bitsea is a leading provider of software audits and sustainable open source security, risk, and compliance management. For more than a decade, well-known companies in the automotive, telecommunications, financial services, logistics, and aerospace industries have relied on Bitsea’s expertise – whether it be technical due diligence in the context of M&A activities or in promoting digital transformation. 

    As an active member of OpenChain, Bitsea combines innovative solutions with partner-based collaboration to support organizations around the globe in the secure integration and use of open source technologies.

    The MIL Network

  • MIL-OSI: Spartan Capital Releases Q2 2025 Performance Overview and Technical Outlook

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 10, 2025 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC is pleased to announce the publication of its Q2 2025 Performance Overview and Technical Outlook. Authored by market strategist Gianpaolo Raffo, the report provides an in-depth examination of macroeconomic conditions, equity indices, sector movements, and technical analysis for the second quarter of 2025.

    Released on July 03, 2025, the report offers a thorough snapshot of Q2 performance, including S&P 500 price changes, leadership rotation in sector performance, and the impact of economic indicators on market sentiment. Among the highlights, the analysis details the performance disparity between large-cap technology and small- and mid-cap equities, the implications of monetary policy expectations, and shifts in investor positioning.

    “Our latest Q2 analysis reflects a dynamic market landscape influenced by both domestic and global macroeconomic variables,” stated Gianpaolo Raffo. “Through our detailed technical and macro-level breakdown, we aim to help clients interpret key drivers of market direction and prepare strategically for the coming quarter.”

    Spartan Capital remains committed to excellence in financial research and client guidance. With data-driven commentary and sector-specific insights, the Q2 2025 report reinforces Spartan Capital’s role in supporting institutional and high-net-worth investors.

    To read the full Q2 2025 Performance Overview and Technical Outlook, please visit: https://spartancapital.com/q2-overview-2025/

    About Spartan Capital Securities, LLC

    Spartan Capital Securities, LLC is a full-service financial firm offering tailored investment solutions for individual and institutional clients. With deep capital markets expertise and a personalized approach, Spartan Capital and its CEO John Lowry continue to provide leadership and insight in today’s evolving financial landscape.

    Contact:

    45 Broadway, 19th Floor
    New York, NY 10004
    Info@spartancapital.com

    The MIL Network

  • MIL-OSI: Moomoo Midyear 2025 Investor Survey Findings: Investors Take a Neutral Stance, Expect More Volatility in the Second Half

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., July 10, 2025 (GLOBE NEWSWIRE) — The intuitive investment and trading platform moomoo has recently completed a 2025 second quarter North American users survey. Similar to last year, moomoo surveyed its users halfway through the year to find out how their investing journey has progressed to-date this year and learn what their expectations for the second half will be. Results showed that the investors in the survey take a neutral stance and expect more volatility in the second half. Many investors are growth focused and confident in meeting their investment goals despite poor consumer sentiment about the economy.

    Investors anticipate just a few cuts from the Fed in 2025 despite expectations of a possible recession and rising unemployment. As they are using several apps to invest, they want information available at their fingertips. New features like Artificial Intelligence (AI) and extended hours trading are gaining traction.

    Markets climbed a wall of worry after an initial tariff fueled selloff at the beginning of the year to finish modestly in the green and near all-time highs. Overall, investors held on through the dip and emerged in a solid financial position at the end of the half. As of June 30, the S&P 500 index gained 5.5%, the tech heavy Nasdaq 100 index was up 7.9% and the Magnificent Seven index gained 2.5%. Moomoo surveyed 1,200 of its users in North America halfway through the year to find out how their investing journey has progressed and what their expectations for the second half will be. Overall, investors remain positive but are striking a more cautionary tone as uncertainly over the economy and tariffs are expected to lead to more volatility. In addition, moomoo’s investors in Canada are closely watching political developments both at home and in the US and adjusting their investing plans accordingly.

    “While more investors report having made money in 2025 compared with the same period last year, the uncertainty surrounding inflation drives mixed reactions among users. However, investors trade more often with a more diversified portfolio and goals. Even though they are expecting more volatility in the second half, investors believe trading through self-direct platforms help them achieve their financial freedom goals,” said Justin Zacks, Vice President of Strategy, Moomoo Technologies Inc.

    About the Survey:

    The Q2 Moomoo Users survey was conducted in June 2024. The survey included approximately 1,000 participants in the US and 200 in Canada that are registered users of the moomoo app. The data shown in the survey represents the opinion of those surveyed and may change based on the market and other conditions. The survey results provided herein may not represent other customers’ experience, and there is no guarantee of future performance or success and should also not be construed as investment advice. Experiences may differ than the ones represented here. Investing involves risks regardless of the strategy selected.

    This whitepaper is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Past investment performance does not indicate or guarantee future success. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions.

    Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

    About moomoo

    Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. It provides users with the necessary information and technology to make more informed investment decisions. Investors have access to advanced charting tools, technical analytics, and in-depth data. Moomoo grows with its users, cultivating a community where investors share, learn, and grow together in one place. Moomoo provides free access to investment courses, educational materials, and interactive events that any investor, at any level, can gain from. Users can join forum discussions, trending topics, and seminars to better their investment knowledge and insights.

    The moomoo app is offered by Moomoo Technologies Inc. (“MTI”) a company that is based in Jersey City, New Jersey. The app is used globally in countries including the U.S., Singapore, Australia, Japan, Malaysia and Canada. MTI is not a broker-dealer and does not provide investment advice or recommendations. In the U.S., securities products and services are offered by Moomoo Financial Inc. (“MFI”), an SEC-registered broker-dealer and member FINRA/SIPC. MTI and MFI are indirect, wholly-owned subsidiaries of Futu Holdings Limited (Nasdaq: FUTU).

    For more information, please visit moomoo’s official website at www.moomoo.com/us or feel free to email: pr@us.moomoo.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d32e64b-3806-4aa1-84ba-0235456d9e21

    The MIL Network

  • MIL-OSI: Usio Helps Lead Texas Flood Relief Efforts

    Source: GlobeNewswire (MIL-OSI)

    SAN ANTONIO, Texas, July 10, 2025 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), has made a donation to, and provided support for, The Comfort Area Foundation in support of the victims of the Hill Country Floods. Usio is joined in this effort by BoosterHub, with whom Usio enjoys a long and productive relationship.

    “We have all been deeply shaken by the devastating flooding in the Hill Country, throughout Texas and in the Comfort, Texas area,” said Louis Hoch, Chief Executive Officer at Usio. “This donation, along with the support of our partner BoosterHub, is part of our effort to help those impacted. Our hearts and prayers go out to the many families and friends that have lost loved ones and otherwise had their lives turned upside down by this terrible tragedy. Our efforts are just a small reflection of our commitment to supporting the communities in which we live, work and play.”

    The devastating floods in the Texas Hill Country resulted in the many deaths with 84 of those reported in Kerr County, officials have said.

    Usio, along with its partner, BoosterHub, are both helping lead the effort of The Comfort Area Foundation to collect donations to support victims in the greater Comfort, Texas area. The organization’s goal is to help improve the quality of life for all people residing in the area.

    About Usio, Inc.

    Usio, Inc. (Nasdaq: USIO), a leading, cloud-based, integrated FinTech electronic payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, integrated software vendors and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to clients through its unique payment facilitation platform as a service. The Company, through its Usio Output Solutions division offers services relating to electronic bill presentment, document composition, document decomposition and printing and mailing services. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the card issuing sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas. Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com. Find us on Facebook® and Twitter.

    FORWARD-LOOKING STATEMENTS DISCLAIMER

    Except for the historical information contained herein, the matters discussed in this press release include forward-looking statements which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management’s intent, belief and expectations, such as statements concerning our future and our operating and growth strategy and any guidance for future periods. These forward-looking statements are identified by the use of words such as “believe,” “should,” “intend,” “look forward,” “anticipate,” “schedule,” and “expect” among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the Company’s business that could cause actual results to vary, including such risks related to an economic downturn, the management of the Company’s growth, the loss of key resellers, the relationships with the Automated Clearing House network, bank sponsors, third-party card processing providers and merchants, the security of our software, hardware and information, the volatility of the stock price, the need to obtain additional financing, risks associated with new legislation, and compliance with complex federal, state and local laws and regulations, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission including its annual report on Form 10-K for the fiscal year ended December 31, 2024. One or more of these factors have affected, and in the future could affect, the Company’s businesses and financial results and could cause actual results to differ materially from plans and projections. Although the Company believes that the assumptions underlying the forward-looking statements included in this press release are reasonable, the Company can give no assurance such assumptions will prove to be correct. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that the objectives and plans will be achieved. All forward-looking statements made in this press release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements, except as required by law.

    Usio Contact:
    Paul Manley, Senior Vice President, Investor Relations
    paul.manley@usio.com
    612-834-1804

    The MIL Network

  • MIL-OSI Analysis: Why recycling solar panels is harder than you might think − an electrical engineer explains

    Source: The Conversation – USA (2) – By Anurag Srivastava, Professor of Computer Science and Electrical Engineering, West Virginia University

    Broken and worn-out solar panels can be recycled, but it’s not easy. Suzanne Kreiter/The Boston Globe via Getty Images

    It’s hard work soaking up sunlight to generate clean electricity. After about 25 to 30 years, solar panels wear out. Over the years, heating and cooling cycles stress the materials. Small cracks develop, precipitation corrodes the frame and layers of materials can start to peel apart.

    In 2023, about 90% of old or faulty solar panels in the U.S. ended up in landfills. Millions of panels have been installed worldwide over the past few decades – and by about 2030, so many will be ready to retire that they could cover about 3,000 football fields.

    As an electrical engineer who has studied many aspects of renewable energy, recycling solar panels seems like a smart idea, but it’s complicated. Built to withstand years of wind and weather, solar panels are designed for strength and are not easy to break down.

    All of these solar panels will need to be disposed of one day – perhaps by being recycled.
    David McNew/Getty Images

    The cost conundrum

    Sending a solar panel to a landfill costs between US$1 and $5 in the U.S. But recycling it can cost three to four times as much, around $18. And the valuable materials inside solar panels, such as silver and copper, are in small amounts, so they’re worth about $10 to $12 – which makes recycling a money-losing prospect. Improvements in the recycling process may change the economics.

    But for now, it’s even hard to reclaim the glass in solar panels. Many layers are glued together and need to be separated before they can be melted down for reuse. And if the separation is not precise enough, the glass that is recovered won’t be of high enough quality to use in making other solar panels or windows. It will be suitable only for lower-quality uses such as fill material in construction projects.

    Other panels, usually older ones, may contain small amounts of toxic metals such as lead or cadmium. It can be difficult to tell whether toxic materials are present, though. Even experts have trouble, in part because current tests, such as the toxicity characteristic leaching procedure, can give inaccurate results. Therefore, many companies that own large numbers of solar panels just assume their panels are hazardous waste, which increases costs for both disposal and recycling. Clearer labels would help people know what a solar panel contains and how to handle it.

    If someone wants to recycle a solar panel, and is willing to bear the cost, there aren’t many places in the U.S. that are willing to do it and are equipped to be safe about it.

    Recycling solar panels can involve detailed manual labor.
    AP Photo/Gregory Bull

    Designing for a new life

    Despite the Trump administration’s cuts to subsidies for solar projects, millions of solar panels are already in use in the U.S., and millions more are expected to be installed worldwide in the coming years. As a result, the solar industry is working on ways to minimize waste and repeatedly reuse materials.

    Some ideas include sending used solar panels that still work at least a bit to developing nations, or even reusing them within the U.S. But there are not clear rules or processes for connecting reused panels to the power grid, so reuse tends to happen in less common, off-grid situations rather than becoming widespread.

    Future solar panels could also be designed for easier recycling, using different construction methods and materials, and improved processing systems.

    Making panels last longer – perhaps as long as 50 years – using more durable materials, weather-resistant components, real-time monitoring of panel performance and predictive maintenance to replace parts before they wear out would reduce waste significantly.

    Building solar panels that are more easily disassembled into separate components made of different materials could also speed recycling. Components that fit together like Lego bricks – instead of using glue – or dissolvable sealants and adhesives could be parts of these designs.

    Improved recycling methods could also help. Right now, panels are often simply ground up, mixing all of their components’ materials together and requiring a complicated process to separate them out again for reuse. More advanced approaches can extract individual materials with high purity. For example, a process called salt etching can recover over 99% of silver and 98% of silicon, at purity levels that are appropriate for high-end reuse, potentially even in new solar panels, without using toxic acids. That method can also recover significant quantities of copper and lead for use in new products.

    Crushing solar panels can make different materials easier to recover from various components.
    AP Photo/Gregory Bull

    A shared journey

    Increasing the practice of recycling solar panels has more than just environmental benefits.

    Over the long term, recovering and reusing valuable materials may prove more cost-effective than continually buying new raw materials on the open market. That could lower costs for future solar panel installations. If they are fully reused, the value of these recoverable materials could reach over $15 billion globally by 2050.

    In addition, recycling panels and components reduces American reliance on materials imported from overseas, making solar power projects less vulnerable to global disruptions.

    Recycling also keeps toxic materials out of landfills. That can help ensure a shift to clean energy doesn’t create new or bigger environmental problems. Also, recycling solar panels emits far less carbon dioxide than manufacturing panels from raw materials.

    There are already some efforts underway to boost solar panel recycling. The Solar Energy Industries Association trade group is working to collect and share information about companies that recycle solar panels.

    Governments can provide tax breaks or other financial incentives for using recycled materials, or ban disposing of solar panels in landfills. California, Washington, New Jersey and North Carolina have enacted laws or are studying ways to manage solar panel waste, with some even requiring recycling or reuse.

    These efforts are important steps toward addressing the growing need for solar panel recycling and promoting a more sustainable solar industry.

    Anurag Srivastava receives funding from the US Department of Energy and National Science Foundation to work on renewable energy integration into the grid. He is an IEEE Fellow and member of the IEEE Power and Energy Society and CIGRE working groups.

    ref. Why recycling solar panels is harder than you might think − an electrical engineer explains – https://theconversation.com/why-recycling-solar-panels-is-harder-than-you-might-think-an-electrical-engineer-explains-259115

    MIL OSI Analysis

  • MIL-OSI United Kingdom: Report of the External Auditor, Audit Committee and Financial Report: UK statement to the OSCE, July 2025

    Source: United Kingdom – Government Statements

    Speech

    Report of the External Auditor, Audit Committee and Financial Report: UK statement to the OSCE, July 2025

    Ambassador Holland thanks Austria’s Court of Audit for their professional work as External Auditor, and urges other participating States to engage constructively towards agreeing an OSCE Unified Budget.

    The United Kingdom thanks the Secretary General, and representatives of the Austrian Court of Audit and the Audit Committee for their presentations today and their comprehensive reports.

    The External Auditor and Audit Committee reports provide an important overview of the OSCE’s financial health, and oversight of the organisation’s administration and internal controls. We recognise that the audit assessments have been made in the context of significant ongoing challenges – including the impact of Russia’s aggression against Ukraine, and the continued non-agreement of the OSCE Unified Budget.

    The UK welcomes the unqualified opinion of the External Auditor that the OSCE’s financial statements for 2024 presented fairly the financial position of the organisation. We appreciate the Austrian Court of Audit’s professional work in this role, and warmly welcome your earlier agreement to extend for a further two audit cycles until July 2026.

    Mr Chair, it is vital for the work of all OSCE structures that participating States agree a Unified Budget for 2025 and beyond. As the Reports and presentations this morning clearly illustrate, the continued non-agreement of the Unified Budget – and the lack of an updated Post Table – continue to severely constrain all parts of the organisation in delivering their mandates. We again urge all participating States to engage constructively with budget proposals and ensure the organisation is able to carry out its work effectively in line with the OSCE principles we have all signed up to.

    We welcome the assessments in the Reports that the OSCE’s overall financial liquidity remains sound. We commend the OSCE executive structures for their ongoing work to adapt to the financial challenges facing the organisation, and for helping to maintain continuity of business. We also appreciate the tireless efforts of successive Chairs-in-Office – Malta and Finland – in advancing budget proposals and agreeing additional expenditure authorisations.

    I again thank the Austrian Court of Audit and the Audit Committee for the comprehensive reports. As always, the UK looks forward to engaging constructively on the report recommendations.

    Thank you, Mr Chair.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: Jamf to Report Second Quarter 2025 Financial Results on August 7, 2025

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, July 10, 2025 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today it will report second quarter financial results for the period ended June 30, 2025, following the close of the market on Thursday, August 7, 2025. On that day, management will host a conference call and webcast at 3:30 p.m. CT (4:30 p.m. ET) to discuss the company’s business and financial results.

    Jamf Second Quarter 2025 Earnings Conference Call

    When: Thursday, August 7, 2025

    Time: 3:30 p.m. CT (4:30 p.m. ET)

    Live Webcast: The conference call will be webcast live on Jamf’s Investor Relations website at https://ir.jamf.com.

    Replay: A replay of the call will be available on the Investor Relations website beginning on August 7, 2025, at approximately 6:00 p.m. CT (7:00 p.m. ET).

    About Jamf

    Jamf’s purpose is to simplify work by helping organizations manage and secure an Apple experience that end users love and organizations trust. Jamf is the only company in the world that provides a complete management and security solution for an Apple-first environment that is enterprise secure, consumer simple and protects personal privacy. To learn more, visit: www.jamf.com.

    Investor Contact:
    Jennifer Gaumond
    ir@jamf.com

    Media Contact:
    media@jamf.com

    The MIL Network

  • MIL-OSI: Bitget Protection Fund in June 2025 Hits $716 Million

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its monthly report on Protection Fund which has reached a high of $716 million in June 2025, more than doubling its original benchmark of $300 million. The fund, designed to serve as a safeguard for users in extreme market conditions, maintained a consistent 6,500 BTC balance throughout the month. Its value fluctuated with market prices, with the average monthly valuation settling at around $687 million.

    The highest daily valuation was recorded on June 9, driven by BTC prices topping $110,000. At its lowest on June 22, the fund stood at approximately $655 million, still well above the pledged minimum. This level of reserve reflects a stable security buffer that operates independently of insurance or third-party guarantees.

    Since its launch, the fund has been monitored in real-time through publicly visible wallet addresses, offering full transparency into its assets. It is held entirely in BTC and USDT, allowing it to remain liquid and responsive to market shifts. Bitget has kept the fund for emergencies, positioning it strictly as a protective reserve in case of major incidents such as hacks, exploit attempts, or abnormal losses on the platform.

    Originally launched with a $300 million reserve, the fund has grown by over 140%, aligned with the appreciation of BTC holdings and Bitget’s strategic focus on market insurance. The fund’s value fluctuates in accordance with the price of Bitcoin, with May’s performance boosted by BTC trading above $110,000 on multiple occasions.

    June’s figures arrive at a time when crypto markets continue to move unpredictably, and user trust is tied more closely than ever to platform security. The Protection Fund has quietly grown into one of the largest exchange reserves of its kind, offering users reassurance without the need for claims or long settlement processes.

    In an industry where security promises are often tested after the fact, the Bitget Protection Fund remains one of the few safety nets that is not only pre-funded and on-chain but also well above its original target. The June 2025 update shows that user protection is not just an afterthought it’s a standing reserve, ready as needed.

    With monthly Merkle Tree audits verifying full asset backing and ISO 27001:2022 certification asserting best-in-class protocols, the platform integrates SSL encryption and an advanced risk control system that actively monitors suspicious activity. This combination of rigorous standards and real-time protection has kept Bitget breach-free since 2018 and contributed to its AAA security rating and helped reinforce user confidence to set a benchmark for transparency across the industry.

    For more information and monthly updates on the Protection Fund, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4912037-6e64-41b5-b8f6-27d998f661e4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2bb7ca57-9e45-4f79-8879-352cc552965f

    The MIL Network

  • MIL-OSI: NextNRG Reports Preliminary June 2025 Revenue Growth of 231% Year-Over-Year

    Source: GlobeNewswire (MIL-OSI)

    AI-Driven Energy Pioneer Delivers Sixth Consecutive Record Month

    Company on Clear Path to $100 Million Revenue Run-Rate with Canadian Acquisition

    MIAMI, July 10, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery, today announced preliminary unaudited financial results for June 2025.

    June 2025 Highlights:

    • Revenue: $6.98 million, up 231% year-over-year and 6% month-over-month
    • Gallons delivered: Over 2.04 million gallons, up 270% year-over-year and 4% month-over-month
    • Year-to-date revenue through June reached approximately $35.87 million, representing a 33% increase over full-year 2024 revenue of approximately $27 million

    “We’re thrilled to report our sixth consecutive record month, with June’s 231% year-over-year revenue growth demonstrating the scalability of our AI-driven energy platform and strong market demand for our integrated solutions,” said Michael D. Farkas, Executive Chairman and CEO of NextNRG. “With our pending acquisition of ReFuel Mobile in Canada and expanding domestic operations across six U.S. states with 144 active fuel delivery trucks, we are positioned to achieve $100 million in forward 12-month revenues. More importantly, our improving operational efficiency and recurring revenue contracts provide a direct pathway to profitability in 2026 – a critical milestone that will transform NextNRG from a high-growth company into a sustainable, cash-generating enterprise. The combination of our proven mobile fueling platform, microgrid pipeline, and strategic international expansion creates multiple revenue streams that support both our near-term growth targets and long-term profitability objectives.”

    NextNRG’s robust growth continues to be driven by strong adoption from commercial fleets and strategic partnerships in its mobile fueling operations. The company is also preparing to deploy its Next Utility Operating System®, AI-powered microgrid systems, and wireless EV charging products in key markets to diversify its revenue streams.

    The pending acquisition of ReFuel Mobile, Canada’s #36 fastest-growing company with 1,166% three-year revenue growth, is expected to close by August 1, 2025, and will immediately contribute to NextNRG’s recurring revenue base while providing a strategic platform for international expansion.

    Note on Preliminary Results
    The financial results for June 2025 are preliminary and unaudited. Final results may differ and will be confirmed upon the completion of standard month-end closing procedures.

    About NextNRG, Inc.
    NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

    At the core of NextNRG’s strategy is its Next Utility Operating System®, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible, and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.

    NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, providing fuel delivery while advancing efficient energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

    To find out more visit: www.nextnrg.com

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

    Investor Relations Contact
    NextNRG, Inc.
    Sharon Cohen
    SCohen@nextnrg.com

    The MIL Network

  • MIL-OSI Analysis: Trump’s ‘big’ bill gives millions of taxpayers a new charitable tax break, but whether it will help nonprofits is unclear

    Source: The Conversation – USA (2) – By Daniel Hungerman, Professor of Economics, University of Notre Dame

    Tax policy changes can influence how much Americans donate. Douglas Rissing/iStock via Getty Images Plus

    The multitrillion-dollar bill that President Donald Trump signed into law on July 4, 2025, will change how the U.S. tax code treats charitable donations. It also has several tax provisions that affect some colleges, universities and other nonprofits. The Conversation U.S. asked Daniel Hungerman, an economist who studies charitable activities and public policy, to explain how these tax policies could influence charitable giving and affect nonprofits.

    What will change for donors?

    The consequences generally vary depending on how much money a donor gives to charity. They also depend on whether a donor claims the standard deduction – as about 90% of U.S. taxpayers have done since the 2017 tax reforms took effect during the first Trump administration – or itemizes their tax returns.

    Anyone taking the standard deduction, which will rise in 2025 to US$15,750 for an individual and $31,500 for married couples filing jointly, will get a new broadly available tax break of up to $1,000 for giving to a charitable nonprofit if they file on their own. Married couples filing jointly may deduct $2,000 from their taxable income if they give at least that amount to charity. To put this into sharper perspective, the average middle-income household gives about $3,300 annually.

    Americans who give a bit more than the typical donor – say, between $5,000 and $20,000 – will see major changes too. In some places, it will become easier for people to deduct more of the amount they pay in state and local taxes from their federal taxes – at least for a few years. Those taxpayers may also deduct their charitable giving from their income when they file their taxes.

    But there’s a new catch. People who itemize their taxes can’t claim the charitable deduction unless they give at least the equivalent of 0.5% of their adjusted gross income to charity. For example, someone who earns $100,000 a year would have to donate at least $500 to qualify for this tax break.

    A similar new catch will apply to corporate donations: Unless corporations give at least 1% of their taxable income to charity, they will no longer get a charitable tax deduction.

    The tax law also revises a rule that limits how much the biggest donors can give to charity and still get a tax break.

    What could that mean for charitable giving?

    Based on my research on tax policies and donations, I don’t expect the $1,000 charitable deduction for taxpayers who take the standard deduction to boost giving. The government has tried this before.

    The first time was in the 1980s. Starting in 1982, people taking the standard deduction could take a charitable deduction. The amount changed annually. In 1984, for example, it was $75 – $236 in 2025 dollars. Congress ended this experiment with the 1986 tax reforms.

    There was also a temporary $300 charitable deduction for people who took the standard deduction in 2020.

    The results were underwhelming both times, for two reasons.

    First, the maximum size of those tax breaks was too small in those earlier efforts. Many people were already giving enough to max out this new benefit. When that happens, the government is giving up tax revenue without encouraging people to donate more.

    To be fair, there are a couple of reasons that things might be better this time. First, $1,000 in 2025 – or $2,000 for married couples filing jointly – is more money than the $300 deduction in 2020. Also, this time it is permanent. A permanent provision gives charities time to publicize the bill and people time to learn about it.

    Another concern with this bill is that Americans who have not given to charity in the past might not begin to open their wallets but will still try to get the new $1,000 charitable deduction anyway by lying about it on their tax returns. There is evidence that a growing number of taxpayers try to game the tax system this way. The only way to stave off that sort of tax evasion would require additional work by the IRS, costing more tax dollars.

    This part of the tax law also sends a message that giving is not just for the wealthy, but that everyone can do it and get a tax break for it. That could help halt or reverse a decline in gifts from people who aren’t rich. And it makes me wonder whether a charitable deduction for people who don’t itemize their tax returns will work better this time around.

    What’s happening to higher education?

    The government will raise its tax on the income earned by the endowments held by some colleges and universities from 1.4% to as much as 8%. The system is complicated and hinges on how large an endowment is per student enrolled. Colleges attended by fewer than 3,000 students don’t have to pay this tax.

    Endowments are pooled financial investments that belong to a nonprofit. Those assets usually come from donations, and the income they earn typically flows into the nonprofit’s budget.

    Several prominent schools are bracing for higher taxes. Yale University, for example, says it will have to pay $280 million once this goes into effect.

    The higher endowment tax is unlikely to raise a whole lot of tax revenue, but it could force some schools to scale back financial aid, hike tuition or freeze hiring.

    What about K-12 schools?

    Perhaps the most significant change will be a new federal K-12 educational tax credit. Starting in 2027, it will be available to help offset the cost of private K-12 school tuition or other educational expenses, such as homeschooling. If someone makes a $1 gift to a nonprofit scholarship-granting organization – which would then deliver those funds to the school the donor designates – the government will cut their tax bill by $1. This tax credit can be worth up to $1,700 per year.

    Many details about how this system would work are yet to be determined.

    I believe that this provision could mark another step in the transformation of how private schools are funded in the United States. Beyond that, many private schools are run by churches, and many churches running schools already get large amounts of their funding from vouchers issued by state and local governments. Ultimately, private K-12 education could become an increasing source of revenue for churches.

    What about nonprofits that provide social services?

    Even if the megabill boosts charitable giving, nonprofits providing social services are likely to find themselves financially squeezed.

    That’s because the bill also cuts spending and tightens eligibility restrictions on the Supplemental Nutrition Assistance Program, also known as food stamps, and Medicaid, the public health insurance program that mainly covers people who are low-income or have disabilities.

    I have researched the effects of the welfare reforms President Bill Clinton signed into law in 1996. One of my findings was that when the government cut spending on safety net programs by a dollar, charities, including churches, stepped in to provide 25 cents of services or more. But for every extra dollar needed to compensate for lost government spending, donors only gave 5 cents more.

    Another concern is that this bill makes permanent increases in the standard deduction – which I’ve found to have historically lowered charitable giving considerably. Perhaps the deduction for people who don’t itemize their tax returns, together with the state-and-local-taxes change, will counteract this trend. But it is certainly possible that Americans will give less to charity starting in 2025 compared with a world where there were no Trump tax reforms at all.

    Daniel Hungerman is a professor at the University of Notre Dame, and a Research Associate at the National Bureau of Economic Research.

    ref. Trump’s ‘big’ bill gives millions of taxpayers a new charitable tax break, but whether it will help nonprofits is unclear – https://theconversation.com/trumps-big-bill-gives-millions-of-taxpayers-a-new-charitable-tax-break-but-whether-it-will-help-nonprofits-is-unclear-260379

    MIL OSI Analysis

  • MIL-OSI United Kingdom: Kent farmers in innovative Chalk to Coast project

    Source: United Kingdom – Executive Government & Departments

    Press release

    Kent farmers in innovative Chalk to Coast project

    Farmer-led initiative to create vital nature network across Kent’s diverse landscapes. Project contributes to government’s Nature Recovery Network commitment

    Nightingale in nest – credit Ben Andrew (RSPB-images.com)

    An ambitious farmer-led initiative connecting Kent’s diverse landscapes from chalk downlands to coastal habitats has officially launched, bringing new hope for wildlife conservation across the region. 

    The Chalk to Coast project unites three established farm clusters, Hoo Peninsula, Swale and North Kent Downs and Medway Gap, forming a ‘super cluster’ that will create natural wildlife corridors across different habitats.

    A farm cluster is a plan to help farmers and partners work more cohesively together in their locality, enabling them to collectively deliver greater benefits for soil, water and wildlife at a landscape scale.

    Part of the project includes the creation of ‘natural corridors’ that will be placed strategically on strips of land and help connect fragmented wildlife habitats, allowing plants and animals to move freely and enhancing biodiversity. 

    These corridors are crucial for supporting wildlife movement, enabling them to find food, mates and suitable breeding grounds, ultimately contributing to a more resilient and thriving natural environment. 

    The creation of the nature corridors between the three farm clusters, including linking the new North Kent Woods and Downs National Nature Reserve in the countryside with Elmley National Nature Reserve by the sea, will link habitats together, creating a continuous ecological corridor for wildlife to travel between from ‘Chalk to Coast’ in Kent.  

    Barn owl in flight – credit Robert Canis

    Things that can be done to enable nature corridors includes:

    • Planting more trees and hedges and getting more woodland coppiced and back into healthy management use.
    • Planting more hedgerows to encourage the dispersal of the rare and endangered dormice simultaneously connecting woodlands.
    • And creating stepping stones of thick scrub to encourage wider populations of nightingale. Kent has the stronghold of nightingale, an incredibly rare species in the UK.

    James Seymour, Natural England deputy director for Kent, said:

    Nature’s recovery is core to delivering the Plan for Change with economic growth and a healthy environment. This project shows how Natural England provides expert advice that enhances ecosystems while supporting agricultural businesses.

    This collaborative approach demonstrates how agriculture and nature recovery can work together, delivering biodiversity gains while maintaining profitable farming businesses.

    Natural England has played a pivotal role in supporting this initiative, which forms part of the government’s commitment to a growing network of wildlife-rich places that supports nature recovery and sustainable farming practices nationwide. 
    With a new website now live at www.chalktocoast.co.uk, organisers are calling on more farmers and landowners across Kent to pledge their land to expand this vital nature network. 

     The three landowners and co-founders of the Chalk to Coast project explain more.

    Guy Nevill, of North Kent Downs and Medway Gap Farm cluster, said:

    This initiative shows how agriculture and nature recovery can work hand in hand. By connecting farm clusters, we’re creating wildlife corridors across Kent’s landscapes. We’re now encouraging more farmers to join this collaborative approach to land management.

    Tom Gore, from Hoo Peninsula Farm cluster, said:

    This is an exciting opportunity for both commercial farmers and environmental organisations to come together. Linking wildlife corridors and carrying out a large-scale biodiversity project, where both food production and nature work in harmony

    Gareth Fuller, of Swale Farm cluster, said:

    We are very excited to be part of Chalk to Coast. Over the last forty years, we have worked to restore abundant nature to the coastal wetlands of Elmley and Swale, and more recently to develop a sustainable nature-based economy though nature tourism and education.

    To do more we want to collaborate with others across a much larger area. Chalk to Coast offers the inspiration, ambition, opportunities, and scale to achieve a more connected, abundant landscape for nature and people. We are hugely grateful to Guy Nevill and the other founders for driving this initiative forwards.

    Boxing hares – credit Robert Canis

    The project contributes to the government’s Plan for Change through the development of a national Nature Recovery Network, helping wildlife thrive and respond to climate change while connecting people with nature, farming and food. 
     
    The initiative builds on existing farm clusters in Kent, enabling coordinated action on soil conservation, water management, habitat creation, and species recovery across property boundaries. 
     
    Land managers interested in joining can find information at www.chalktocoast.co.uk
     
    Background: 

    For more information about Chalk to Coast, visit www.chalktocoast.co.uk.
     
    For more information about Natural England’s work supporting nature recovery, visit www.gov.uk/natural-england.

    Contact us:

    Journalists only: 0800 141 2743 or communications_se@environment-agency.gov.uk.

    Updates to this page

    Published 10 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: AFRICA – “Neocolonialism in fishing”: The fishing industry in West African countries is in crisis

    Source: Agenzia Fides – MIL OSI

    photo nigrizia.it

    by Cosimo GrazianiBanjul (Agenzia Fides) – In West African countries, the local fishing industry is in crisis. European countries are also to blame for this. Gambian activist Mustapha Manneh also spoke out at the United Nations World Oceans Conference, which took place this year in Nice from June 9 to 13.The core of the problem is the fishing of local species to produce fish feed for aquaculture farms in Greece and Turkey. The phenomenon affects the entire region and has the same characteristics: local species such as sardines and bonga are caught in large quantities and processed locally into fish feed for aquaculture; the produced material is shipped to Turkey, Greece, and China (these are the currently known destinations), where it is used in fish farms. The fish produced, in the case of Turkish farms, are mainly sea bream and bass. These farmed fish reach the stores of the destination countries and the tables of consumers, unaware that the consumed fillets are causing social and economic problems for entire populations on the African continent, where in the meantime, hundreds of families have lost their only source of income. As Manneh points out, the fishermen can no longer bring home enough fish to feed their families and face ever-increasing fuel costs: Whereas they used to be able to catch large quantities of fish in a shorter time, using only 20 liters of diesel, they now have to stay away longer to ensure a sufficient catch, and the amount of fuel required has at least tripled.The fishermen are not the only ones hit hard: an entire social fabric has been affected by this problem. In Senegal and Gambia, the fish was caught by men and sold by women, a system that, in its own way, also ensured relative social and economic equality. Now that catches are scarce, markets have disappeared in many cases, along with the stalls run by women, who must now find other sources of income. Another problem that fishermen in West Africa have faced in recent years is the presence of fishing boats from other countries—for example, from China—which significantly reduces the availability of fish to catch. In Guinea-Bissau, fishing boats from other countries often use trawling, which is prohibited due to the damage it can cause to ecosystems. The presence of foreign fishing boats in African waters is often regulated by agreements such as those concluded by the European Union with these countries. According to Manneh, their presence in Gambia is viewed with growing hostility by the local population, especially young people. The EU signed the last of a long line of fishing protocols with Gambia in 2019, which expire on July 30. This protocol stipulated that vessels from Spain, Greece, and France could fish in Gambian territorial waters for an annual fee of €550,000, a fee that was intended, among other things, to finance measures to protect the marine ecosystem. Similar agreements have been concluded with other countries in the region: In the case of Guinea-Bissau, the agreement was approved by the European Parliament last April and provides for compensation of up to €100 million per year. Alongside this agreement, the Parliament adopted a recommendation calling on the European Commission and Guinea-Bissau to improve fishing controls in the African country’s territorial waters. The fishing crisis in West African countries is also fueling illegal emigration to Europe. From the coasts of Senegal, it is possible to reach the Canary Islands, which belong to Spain. While reaching the Canary Islands represents an alternative to poverty for many, others become smugglers for the same reason, earning a living by transporting migrants. In Gambia, earnings for a single trip on a boat full of migrants can reach up to €200,000, an unimaginable sum for a Gambian fisherman. (Agenzia Fides, 10/7/2025)
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    MIL OSI Europe News

  • MIL-OSI Africa: Operation Vulindlela: Sustained progress in the economic reform agenda

    Source: Government of South Africa

    The Presidency and National Treasury have released a quarterly progress report for Q1 2025/26 on the implementation of economic reform through Operation Vulindlela. 

    This report is the first to be released since the launch of Phase II of Operation Vulindlela this year. 

    Operation Vulindlela is a joint initiative of the Presidency and National Treasury which aims to achieve more rapid and inclusive economic growth through a programme of far-reaching economic reform. 

    Phase I of Operation Vulindlela focused on unlocking progress in five priority areas: electricity, freight logistics, water, telecommunications, and the visa system. These reforms were selected for their high potential to catalyse investment, enhance economic competitiveness, and create jobs. 

    Phase II represents a second wave of structural reform aimed at unlocking more rapid, inclusive, and sustained economic growth. 

    While continuing to drive implementation of reforms initiated during Phase I, the second phase introduces new focus areas that respond to evolving challenges in the economy. 

    “The report released today demonstrates sustained progress in the economic reform agenda, which serves as a counter to strong economic headwinds. 

    “Key milestones during the past quarter include the publication of a Ministerial Determination and associated regulations to enable the first round of Independent Transmission Projects, as well as a Request for Information for major private sector participation (PSP) projects in the freight logistics sector. 

    “Progress has also been made in the new areas of reform included in Phase II, with a comprehensive review of the White Paper on Local Government to reform the local government system and the introduction of a performance-based financing mechanism to support the reform of municipal water and electricity services. 

    “The Digital Transformation Roadmap has been approved by Cabinet and is in implementation, with the development of a digital identity system and other core elements of the roadmap already advanced,” said a statement.

    Further details on progress in each of the reform areas is available in the full report, at Operation Vulindlela Progress Report Q1 2025-26.pdf. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI United Kingdom: Get up and go with free family activities

    Source: City of Leicester

    FREE family activities will be on offer in neighbourhoods across Leicester throughout the summer holidays.

    From Monday 14th July until Friday 22nd August, the city council’s Get Up & Go programme will offer a range of activities at  children, young people and family centres across the city.

    Aimed at children aged 0-11 years, the programme will include lots of outdoor fun, arts and crafts, story time and sensory play.

    There will also be plenty of indoor creative play and lots of opportunities to join in with Story Garden, this year’s nature-themed summer reading challenge.

    On Mondays, there will be Get Up & Go activities on offer at St Matthews, Saffron, Thurnby Lodge and Woodbridge; on Tuesdays at Bewcastle and on Wednesdays at Beaumont Leys. On Thursdays, families can get up and go at centres in Netherhall, New Parks, Belgrave and Highfields, as well as again at Beaumont Leys. On Fridays, there’s a chance to get up and go in Eyres Monsell or at The Grove in Braunstone.

    Times vary at each venue, so check the timetable or call your local children’s centre for details.

    A whole week of special activities will also mark National Playday this summer. Playday activities will take place across all children’s centres on the week beginning Monday 4 August, and will include outdoor games, songs and a baby area.

    The city council’s Get Up & Go programme aims to encourage families to get out and about and enjoy the outdoor spaces around them.

    Assistant city mayor for children and young people, Cllr Elaine Pantling, said: “We know it can be tricky to keep children entertained during the long summer holidays, and that it can be a drain on family finances. Our Get up and go sessions are aimed at a wide age range, they’re free and they take place in neighbourhoods across the city to make them easily accessible for as many families as possible.

    “I hope these events will also give families lots of ideas and inspiration for their own low-cost play activities to try at home, as well as encouraging them to get out and about to enjoy the summer.”

    More information is available at https://families.leicester.gov.uk/get-up-and-go/ and on Facebook at facebook.com/leicesterchildrenscentres

    Details of all the free and low-cost activities taking place at city council venues and other city centre locations are available at https://families.leicester.gov.uk/summer-fun

    Listings are provided for each week of the school holidays, making it easy for families to find a free or low-cost activity in Leicester this summer.

    ENDS

    MIL OSI United Kingdom

  • MIL-OSI: Multi-Billion Virtual Healthcare Industry Witnessing Substantial Growth with Rapid Expansion Expected

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 10, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global telehealth market has been substantially growing over the past years and is expected to continue this growth well into the future. A report from Grand View Research said that: “The global telehealth market size was estimated at USD 123.26 billion in 2024 and is projected to reach USD 455.27 billion by 2030, growing at a CAGR of 24.68% from 2025 to 2030. North America dominated the telehealth market with the revenue share of 46.58% in 2024. The market is primarily driven by the increasing adoption of digital health & smartphones, rising investments, improved internet connectivity, and growing technological advancements… the growing adoption and acceptance of telehealth services are expected to boost the market’s growth over the forecast period.” The report continued: “Moreover, smartphones have evolved from devices of communication & entertainment to devices that can monitor health and fitness. Some market players are developing Chatbot services for basic medical inquiries and one-time consultations… Moreover, the market is propelled by favorable government initiatives to expand telehealth by making healthcare services more accessible and convenient for patients. The focus on cost-effective and efficient healthcare solutions further propels the adoption of telehealth services. The rising adoption of telehealth facilities by patients, physicians, and government authorities is boosting the market. Access to healthcare through specific applications and video consultations enables communication between patients and doctors in remote locations, eliminating the need to visit hospitals or clinics. Market players such as Apple, Google, and IBM focus on improving the mobile health experience by providing numerous solutions through different subscription plans and emphasizing data security. These factors are expected to drive the market growth over the forecast period.”   Active tech companies in the markets this week include Treatment AI, Inc. (OTCQB: TREIF) (CSE: TRUE), CVS Health® (NYSE: CVS), Teladoc Health, Inc. (NYSE: TDOC), Tempus AI, Inc. (NASDAQ: TEM), Hims & Hers Health, Inc. (NYSE: HIMS).

    Grand View Research concluded: “Telehealth services are rapidly expanding, particularly in cardiology, behavioral health, radiology, and online consultations. This growth is fueled by a surge in startup funding and the introduction of new solutions and services, especially those designed for virtual consultations. Furthermore, integrating artificial intelligence and machine learning algorithms enhances the personalization of healthcare services. In addition, favorable government initiatives promoting telehealth adoption drive the market. The telehealth market in the U.S. accounted for the largest market revenue share in North America in 2024, owing to innovative software development, advanced healthcare management, and the presence of several market players operating across segments, such as mobile and network operations. Increasing awareness regarding the availability of digital health solutions, such as mHealth and telehealth, is driving their adoption rate.”

    Treatment AI Inc. (OTCQB: TREIF) (CSE: TRUE) News: EngageWell, Rocket Doctor, and CVS Health Foundation Launch Virtual Healthy Aging Program for Adults over 60

    Backed by $1 million in funding from the CVS Health Foundation, the pilot initiative offers free, virtual health screenings to support aging with confidence, care, and convenience

    • Health checks include assessments for heart health, memory, cognitive function, and mental health
    • No travel required — all appointments are virtual and confidential
    • Community Health Workers provide personalized follow-up support and connect patients to local resources
    • The program is now available in New York City, with plans to expand throughout 2025
    • Free for patients on Medicaid, covered by insurance for patients on Medicare

    Treatment.com AI Inc. (Frankfurt: 939) (the “Company” or “Treatment”) is pleased to announce that building off their successful graduation from AARPs AgeTech Accelerator, its subsidiary, Rocket Doctor Inc., has partnered with EngageWell IPA in a program funded by CVS Health (NYSE: CVS) Foundation to launch the Healthy Aging Program — a new pilot initiative offering virtual health screenings for adults aged 60 and older across New York City.

    Funded through a 5-year, $1M grant from the CVS Health® Foundation, EngageWell and Rocket Doctor’s program is designed to support older adults in maintaining their health and independence. It offers confidential virtual assessments that screen for common health concerns related to aging, including heart health, memory and brain function, and mental well-being. Board-certified physicians conduct consultations via phone or video and develop personalized follow-up care plans. Community Health Workers are also available to help patients connect with the telehealth provider and with necessary follow-up care.

    “Aging shouldn’t mean losing access to care, it should mean getting the support you need, wherever you are,” said Dr. William Cherniak, Founder and CEO of Rocket Doctor. “We’re proud to again partner with EngageWell to bring high-quality, proactive care directly into the homes of older adults across New York City. We’re equally thrilled that the CVS Health Foundation is funding EngageWell to implement this important program.”

    Participants who complete their screenings receive valuable health information, a physician consultation, and can receive up to $45 in gift cards. No insurance is required for patients on Medicaid, and is accepted for patients on Medicare. The entire process is designed to be simple, supportive, and stress-free.

    “Too often, older adults who face language barriers, low health or digital literacy, or systemic inequities are left to navigate fragmented healthcare systems on their own,” said Christopher Joseph, Executive Director of EngageWell IPA. “Through the Healthy Aging Program, we’re not just delivering services – we’re building a care model rooted in dignity, cultural relevance, and trust. By combining community-based outreach with user-friendly technology, we’re bridging gaps and creating lasting pathways to better health for aging New Yorkers.”

    The program is now live and being offered in partnership with community-based organizations and care navigators throughout New York City. By combining technology, human connection, and wrap-around support, the Healthy Aging Program helps ensure older adults stay healthy, informed, and in control of their care, without ever needing to leave home. CONTINUED… Read this full press release and more news for Treatment.com AI at: https://www.financialnewsmedia.com/news-true/.

    Other recent developments in the healthcare industry of note include:

    CVS Health® (NYSE: CVS) has recently announced the opening of its new Workforce Innovation and Talent Center (WITC) in Chicago. The center, situated at the Chicago Baptist Institute, will improve the community’s access to workforce training services and provide every participant who completes the program an opportunity to apply for a position at CVS Health.

    The WITC will transform lives in the Chicago community, like that of Catrina Malone. Her journey began when she attended an informational session while pursuing a film career. Now, as a pharmacy technician at CVS Health, Catrina shares her story: “Growing up in an unstable home environment, I faced many barriers. My mother struggled with substance abuse, and there were times when I didn’t know where my next meal would come from. With the support of my legal guardian, I stayed determined to forge my own path and build a career despite the odds being against me. This new role as a pharmacy technician for CVS Pharmacy has given me just that. Through this center and the kindness of everyone here, I’ve felt truly encouraged and supported — and for that, I am extremely thankful.”

    Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, recently announced earlier this year it has acquired UpLift, an innovative and tech-enabled provider of virtual mental health therapy, psychiatry and medication management services.

    The acquisition supports the company’s strategy to further enhance its leadership position in virtual mental health, including the ability for consumers served by its BetterHelp segment to access benefits coverage for mental health services. UpLift serves the health plan market and has arrangements covering over 100 million lives, a network of over 1,500 mental health professionals, important capabilities and a talented team.

    Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, recently announced the expansion of its care pathway intelligence platform, Tempus Next, into breast cancer. Since its launch in 2024, Tempus Next has screened thousands of patients across its network of provider sites, helping close critical care gaps for patients with lung cancer. Now, the platform will support five different biomarker testing gaps specific to breast cancer with the goal of helping physicians deliver guideline-directed medical care to eligible patients.

    Tempus Next supports physicians administering guideline-based care by surfacing care gaps and identifying patients who may benefit from these guideline-based suggestions. The platform integrates multimodal data available in the patient’s electronic medical record (EMR) with up-to-date clinical guidelines to support providers in delivering guideline-based care. As with lung cancer, clinical guidelines around breast cancer are continually evolving, and Tempus is working to help providers keep pace, starting at Mercy, which has already integrated Tempus Next for both breast and lung cancer into its EMR system to support patient care. Mercy has over 1,000 physician practice locations and outpatient facilities, more than 5,000 physicians and advanced practitioners serving patients across Arkansas, Illinois, Kansas, Missouri and Oklahoma.

    Hims & Hers Health, Inc. (NYSE: HIMS) the leading digital health and wellness platform, recently announced its plans to bring its affordable, holistic weight loss program to Canada, timed with the anticipated first-ever availability of generic semaglutide anywhere in the world. This move follows the recent closing of the company’s acquisition of ZAVA, the pioneering digital health platform in Europe.

    Almost two thirds of adults in Canada are overweight or living with obesity, yet access to proven treatments remains limited due to high costs and availability. With branded semaglutide often priced out of reach, the introduction of generics marks a pivotal moment for access to care. Hims & Hers plans to offer access to lower-cost treatment options through its digital platform, paired with 24/7 access to licensed providers and personalized, clinically backed care plans. In Canada, branded semaglutide with no surrounding clinical support currently costs more than C$200 a month. The price for generic semaglutide is expected to be available at a significant discount to the branded versions, with the prices expected to lower over time.

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    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.

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    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: NANO Nuclear to Participate in Fireside Chat at H.C. Wainwright’s Powering the Future: Advancing Innovation Through Nuclear Virtual Conference on July 15th

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., July 10, 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 Chief Executive Officer James Walker will participate in a fireside chat at H.C. Wainwright’s Powering the Future: Advancing Innovation Through Nuclear Virtual Conference hosted by Sameer Joshi, Senior Cleantech Analyst at H.C. Wainwright, on July 15, 2025 at 9:00 a.m., Eastern time.

    Figure 1 – Rendering of NANO Nuclear Energy’s High Technology Readiness Level and Patented KRONOS MMR Microreactor Energy System at the University of Illinois Urbana-Champaign

    Mr. Walker is expected to discuss recent business developments, highlighting progress in advancing its lead microreactor project, the patented KRONOS MMR Energy System, toward construction, testing and licensing with the U.S. Nuclear Regulatory Commission, as well as key upcoming regulatory milestones necessary for deployment of the KRONOS reactor prototype at the University of Illinois Urbana-Champaign.

    NANO Nuclear is highly focused on expediting its advanced reactor technology to meet expected growth in energy demands across multiple sectors, including data centers powering artificial intelligence. The stationary KRONOS reactor is designed to be completely modular, mass manufactured with a production line, rapidly installed, safer than traditional reactors, co-located at customer sites, a provider of high-capacity factor baseload carbon free power, and a known technology offering the potential to reduce licensing timeframes. NANO Nuclear views KRONOS as a next generation source of reliable, safe, and clean nuclear energy ideal to meet expected future growth in domestic and international energy consumption. 

    Fireside Chat Details:

    Date: Tuesday, July 15, 2025
    Time: 9:00 a.m. ET
    Speaker: James Walker, CEO
    Moderator: Sameer Joshi, H.C. Wainwright Senior Cleantech Analyst
    Webcast: https://journey.ct.events/view/d216b343-edae-4f3e-8627-d19c29340b11

    A replay of the fireside chat webcast will be available for approximately 30 days on NANO Nuclear’s investor relations website at https://ir.nanonuclearenergy.com/news-events/events.

    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 patented KRONOS MMREnergy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    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, the fireside chat referred to herein and statements of NANO Nuclear’s management in connection with this news release and such fireside chat 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. Specifically, forward-looking statements include those related to NANO Nuclear’s development plans for the KRONOS MMR Energy System and NANO Nuclear’s other future plans and intentions. 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 the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, 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

  • MIL-OSI: PMGC Holdings Inc. Completes Acquisition of Custom IT Packaging Company Pacific Sun Packaging with Over $2,000,000 in Combined Revenue for Fiscal Years 2023 and 2024

    Source: GlobeNewswire (MIL-OSI)

    • Serves over 300 Commercial Clients including Data Centers, Technology Manufacturers and Information Technology (IT) Service Providers.
    • Adds cash flow positive revenue, enhances PMGC’s exposure to U.S. semiconductor and artificial intelligence (“AI”) infrastructure growth, and marks the launch of its strategic acquisition program targeting U.S. businesses.

    NEWPORT BEACH, Calif., July 10, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (Nasdaq: ELAB) (the “Company,” “PMGC,” “we,” or “us”), a diversified public holding company, today announced that it has completed the acquisition of Pacific Sun Packaging Inc. (“Pacific Sun”) a specialized custom IT packaging company based in San Clemente, California.

    About Pacific Sun Packaging Inc.

    Founded in 2011, Pacific Sun Packaging Inc. is a specialty packaging provider focused on high-precision, component-level packaging solutions for the electronics and information technology (“IT”) hardware industries. The company designs and supplies custom-engineered protective packaging for delicate components such as central processing units (CPUs), memory modules (DIMMs and SO-DIMMs), solid state drives (SSDs), hard disk drives (HDDs), and fiber-optic transceivers, serving customers across the semiconductor, data center, and networking equipment supply chains.

    Pacific Sun’s solutions are built to meet the demanding durability, antistatic protection, and dimensional requirements of sensitive electronic parts during storage, shipping, and integration. Its products are widely used by original equipment manufacturers (OEMs), distributors, and contract manufacturers requiring scalable, reliable, and technically compliant packaging options. Known for its engineering agility, fulfillment reliability, and component-specific packaging expertise, the company operates a lean, cash-generative model from its base in San Clemente, California.

    In fiscal years 2023 and 2024, Pacific Sun generated combined revenue of $2,151,418.

    Strategic Rationale

    The acquisition of Pacific Sun marks the first completed transaction in PMGC’s broader acquisition strategy, which targets businesses with consistent earnings, strong fundamentals, and scalable platforms. Pacific Sun operates in a specialized and growing segment of the packaging industry, supported by long-standing customer relationships, high service reliability, and deep expertise in meeting the complex needs of the technology supply chain. The company’s ability to deliver tailored, component-specific solutions with speed and consistency has made it a trusted partner to electronics and IT hardware providers navigating increased demand and supply chain complexity.

    PMGC plans to work closely with Pacific Sun’s existing leadership to identify and execute growth initiatives, including the buildout of a dedicated sales function, targeted marketing investments, and operational enhancements. With the right capital and strategic support, Pacific Sun is well-positioned to expand its commercial footprint and serve a broader range of customers in the growing electronics and logistics ecosystem.

    “Pacific Sun Packaging represents everything we look for in a foundational operating platform: consistent profitability, customer loyalty, and strategic exposure to macro tailwinds,” said Graydon Bensler, Chief Executive Officer of PMGC Holdings Inc, managed through GB Capital Ltd. “As semiconductor, electronics manufacturing, and AI data centers increasingly move back onshore, and demand for servers, memory, and IT components continues to grow, we believe this business is well-positioned to scale with America’s advanced manufacturing revival, and we are excited to help meet that demand.”

    Industry Outlook

    The U.S. market for custom IT and electronics packaging is poised for multi-year growth. According to industry data:

    • The North American electronics packaging market exceeded $8 billion in 2023.1
    • Demand is driven by the cloud, data center, and AI hardware boom, with memory modules and optical networking components requiring high-spec packaging solutions.
    • The CHIPS and Science Act is incentivizing domestic production, increasing demand for U.S.-based packaging partners.
    • E-commerce growth and stricter sustainability regulations are reshaping packaging needs—rewarding suppliers that offer recyclable, efficient, and customizable designs.

    PMGC acquired 100% of the issued and outstanding shares of Pacific Sun for $1,148,000 in cash, with an additional $250,000 earnout contingent on the company achieving $1,145,915 in revenue over the 12-month period following closing.

    About PMGC Holdings Inc.

    PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

    Forward-Looking Statements

    Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. 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 our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

    Investor Relations Contact:

    IR@pmgcholdings.com


    1North America Consumer Electronics Packaging Market Report – Industry Trends and Forecast to 2031 | Data Bridge Market Research

    The MIL Network

  • MIL-OSI: Reliance Global Group Reduces Debt by 50%, Cutting Annual Debt Service by Over $1.8 Million

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, NJ, July 10, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”) today announced that it has repaid approximately $5.55 million, or approximately 50% of its long term debt, a strategic action that reduces its leverage, strengthens its balance sheet, and enhances financial flexibility. The repayments were funded through proceeds from the recently announced asset sale of Fortman Insurance Services, a wholly owned subsidiary, which generated $5.0 million in cash for the Company, with the remainder coming from the release of cash collateral held in our restricted cash accounts. As a result, annual principal, interest and service fee payments are expected to decline from approximately $2.95 million to $1.1 million — a reduction of over $1.8 million, or 61%.

    “Reducing our debt by approximately 50% marks a transformative milestone for Reliance and is a direct result of the financial execution and operational improvements made across the business,” said Ezra Beyman, CEO of Reliance Global Group. “This achievement reflects the strength of our cash position and our commitment to long-term financial health. By lowering our annual debt service obligations by over $1.8 million, we are meaningfully enhancing our cash flow profile. These steps also create greater flexibility to support strategic initiatives, such as our planned acquisition of Spetner Associates (“Spetner”).”

    Joel Markovits, Chief Financial Officer of Reliance Global Group, added, “Deleveraging our balance sheet has been a long-term goal for the Company, and also partially executes on our strategy to fund the Spetner deal by enhancing our leverage ratio, which often is a key factor to investors and lenders. Our disciplined approach to managing cash flows, expenditures and capital allocation, reflects our fiscal responsibility and strategic focus on long-term value creation that will support exponential operational growth, wider margins, and greater returns to our investors and shareholders.”

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:

    • Our expectations regarding the financial and operational benefits of our recent debt reduction, including enhanced cash flow, reduced debt service obligations, and improved financial flexibility;
    • Our belief that these improvements strengthen our ability to support strategic initiatives, including the planned acquisition of Spetner Associates, Inc.;
    • Our expectation that the Spetner acquisition will be completed on commercially reasonable terms and will meaningfully contribute to our cash flow and long-term value creation;
    • Our intention to continue leveraging our scalable InsurTech platform and streamlined capital structure to pursue margin expansion and operating leverage; and
    • Other statements relating to our future growth, financial performance, business strategy, and operational execution.

    These forward-looking statements are based on a number of assumptions, including that the Spetner acquisition will proceed as expected; projected cash flow benefits and operating synergies will materialize; integration risks will be effectively managed; and no material adverse changes will occur in market, economic, or regulatory conditions. There can be no assurance that these assumptions will prove accurate.

    Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including: delays or failure to complete the Spetner acquisition; challenges in realizing anticipated cost savings or cash flow improvements; unexpected integration issues; competitive pressures in the InsurTech and insurance agency markets; adverse economic or regulatory developments; and other factors described under “Risk Factors” in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission.

    You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com 

    The MIL Network

  • MIL-OSI: BPM Partners’ Latest Performance Management Vendor Landscape Matrix Adds New Details, New Vendors, and Agentic AI Coverage

    Source: GlobeNewswire (MIL-OSI)

    STAMFORD, Conn., July 10, 2025 (GLOBE NEWSWIRE) — BPM Partners, the leading independent authority on business performance management (BPM), today announced the immediate availability of its new Performance Management Vendor Landscape Matrix (VLM) designed to provide an up-to-date view of vendors in the 2025 BPM/CPM/EPM market. This comprehensive document combines an industry expert’s assessment along with customer satisfaction ratings and pricing data. End user organizations can get a sample 2025-2026 report featuring two vendors of their choosing.

    Building on the BPM Pulse customer satisfaction ratings already included in the VLM, we have added aggregated, AI-generated customer commentary summaries. These will explain vendor ratings and the level of passion behind them. We also include platform graphics for each vendor to illustrate how the components of their offerings work together to deliver results. Our AI coverage now identifies point solutions, platform-wide capabilities, and the rollout of agentic AI assistants/agents.

    Vendors include Anaplan, Centage, deFacto Global, JustPerform from insightsoftware, Lumel, OneStream Software, Oracle, Pigment, Planful, Prophix, SAP, Unit4, Vena, Wolters Kluwer CCH® Tagetik, and XLerant. This year we also take a first look at Darwin Analytics and Una Software.

    “This impressive list of vendors reflects the state-of-the-art in performance management. These vendors leverage the latest technology to deliver robust, easy-to-use solutions,” said Craig Schiff, President and CEO of BPM Partners. “Regardless of your industry, company size, or location, you will find several excellent choices on this list.”

    The matrix objectively organizes vendors by market momentum (customer count/deal size) and customer success (overall satisfaction rating). The 2025-2026 VLM is a single report that presents the industry’s sole unified view of the solution choices available for budgeting and financial planning, financial consolidation and close, operational planning, financial reporting, AI and analytics.

    Key Elements of the 2025-2026 VLM:

    • Categories for Premier Leaders, Leaders, Key Competitors, and Challengers layered atop customer satisfaction-based rows and market momentum-based columns
    • NEW: Expanded 3-page vendor profiles
    • NEW: Vendor platform graphics
    • NEW: AI-generated summary of customer feedback
    • Charts comparing all vendors in a market segment for customer ratings and pricing
    • AI technology features by vendor with descriptions of their benefits
    • Operational planning and analysis checkbox grid with delivery approach and customer ratings
    • Advanced financial consolidation checkbox grid for disclosure management, close management, account reconciliation, trial balance, regulatory compliance, and more
    • Radar charts using 16 attributes to compare vendor ratings against the industry average
    • Recommendation rate metric with an enthusiasm measurement

    About BPM Partners
    BPM Partners is the leading independent authority on business performance management (BPM/CPM/EPM) and related business intelligence solutions and has been recognized by Forbes as one of America’s Best Management Consulting Firms. The company helps organizations address their budgeting, planning, financial consolidation, close and reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges. Vendor-neutral experts guide companies through their BPM initiatives from start to finish while both reducing risk and minimizing costs. For further details, go to BPMPartners.com. Follow BPM Partners on X @BPMTeam and LinkedIn BPM Partners | LinkedIn.

    The MIL Network

  • MIL-OSI: Fusion Fuel Green PLC Announces Reverse Share Split to Regain Compliance with Nasdaq’s Minimum Bid Price Rule

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, July 10, 2025 (GLOBE NEWSWIRE) — via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”) today announced a 1-for-35 reverse share split (the “Reverse Share Split”) of the Company’s Class A Ordinary Shares by way of a share consolidation.

    The Company’s Class A Ordinary Shares will continue to trade on The Nasdaq Capital Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “HTOO” and will begin trading on a split-adjusted basis when the market opens on Monday, July 14, 2025. The new CUSIP number for the Company’s Class A Ordinary Shares following the Reverse Share Split will be G3R25D 209.

    The Reverse Share Split is intended to enable the Company to regain compliance with the minimum bid price requirement for continued listing on Nasdaq.

    The Reverse Share Split was approved by the board of directors of the Company (the “Board”) on June 25, 2025, immediately following the Annual General Meeting of the Company held on June 25, 2025 at 3:00 pm (Dublin time) (the “AGM”). At the AGM, the shareholders of the Company approved a resolution to consolidate the Company’s Class A Ordinary Shares (with a nominal value of $0.0001 per share) in the authorized but unissued and in the authorized and issued share capital of the Company, at a ratio to be determined by the Board, provided that such consolidation shall be effected at a ratio of not fewer than every 4 Class A Ordinary Shares and not more than every 40 Class A Ordinary Shares being consolidated into 1 Class A Ordinary Share, with the final ratio and timing of implementation of the consolidation to be determined by the Board. In addition, at the AGM, the shareholders approved a resolution, subject to and immediately following the implementation of the Reverse Share Split, to increase the Company’s authorized share capital by such amount as is necessary to ensure that, following the Reverse Share Split, the Company shall have 100,000,000 authorized Class A Ordinary Shares, each with a nominal value that will reflect the ratio applied by the Board in implementing the Reverse Share Split (the “Authorized Capital Increase”).

    Accordingly, as a result of the Reverse Share Split, every 35 of the issued and outstanding Class A Ordinary Shares of the Company as of the effective time of the Reverse Share Split will be consolidated into one Class A Ordinary Share. The number of issued and outstanding Class A Ordinary Shares will adjust from approximately 27,418,159 shares to approximately 783,376 shares (subject to adjustment due to the effect of rounding up fractional shares into whole shares). In addition, the Reverse Share Split will effect a reduction in the number of shares issuable pursuant to the Company’s equity awards, warrants, and convertible preferred shares outstanding as of the effective time of the Reverse Share Split with a corresponding increase in the exercise or conversion price per share. As a result of the Authorized Share Capital Increase, the number of authorized Class A Ordinary Shares will continue to be 100,000,000 shares. The nominal value of each of the Class A Ordinary Shares will be adjusted to $0.0035. The other terms of the Class A Ordinary Shares will not be affected.

    No fractional shares will be issued in connection with the Reverse Share Split. Fractional shares resulting from the Reverse Share Split will be rounded up to the nearest whole share. Continental Stock Transfer and Trust Company is acting as transfer and exchange agent for the Reverse Share Split. Registered shareholders are not required to take any action to receive post-Reverse Share Split shares. Shareholders who are holding their shares in electronic form at brokerage firms need not take any action as the effect of the Reverse Share Split will automatically be reflected in their brokerage accounts.

    Additional information about the Reverse Share Split can be found in the Company’s Report on Form 6-K furnished to the Securities and Exchange Commission (the “SEC”) on July 10, 2025, which is available free of charge at the SEC’s website, www.sec.gov, and on the Company’s website at https://www.fusion-fuel.eu/.

    About Fusion Fuel Green PLC

    Fusion Fuel Green PLC (NASDAQ: HTOO) is a growing energy company providing engineering, advisory, and fuel distribution solutions through its brands Al Shola Gas and BrightHy. The Company services clients across commercial, residential, and industrial sectors and is actively expanding into new verticals and geographies to support energy transition and infrastructure resilience.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

    Investor Relations Contact
    ir@fusion-fuel.eu
    www.fusion-fuel.eu

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network

  • MIL-OSI: BitMart Launches Beacon (BitMartGPT): A Revolutionary AI Trading Assistant for the Crypto Age

    Source: GlobeNewswire (MIL-OSI)

    Mahe, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — BitMart, a global leader in digital asset trading, is proud to announce the launch of Beacon (BitMartGPT), a cutting-edge AI-powered trading assistant designed to transform the way users navigate and succeed in the complex world of crypto trading.

    Beacon: Your AI Crypto Assistant

    Like a lighthouse guiding ships through stormy seas, Beacon illuminates a clear path through volatile market conditions, offering institutional-grade insights and real-time support to crypto traders of all experience levels.

    Beacon is built on advanced AI infrastructure, enabling it to deliver fast, precise, and actionable insights.

    Expanded Features and Capabilities

    At launch, Beacon offers a powerful suite of tools aimed at providing clarity, speed, and strategic foresight to BitMart users:

    • Real-Time Market Intelligence via X Insights:
      Beacon integrates BitMart’s proprietary X Insights platform to analyze social sentiment and influencer commentary in real time. This enables users to anticipate market moves and understand shifting narratives within the crypto ecosystem.
    • Smart Problem Solving and Support:
      Whether it’s an account-related issue or a complex trading question, Beacon offers immediate, intelligent responses. A robust interactive knowledge base complements the live assistant, ensuring efficient self-service and education.
    • Interactive Knowledge Base:
      Ask complex questions about crypto concepts, trading strategies, or market dynamics and receive clear, tailored explanations powered by Beacon’s intelligent understanding of user intent.
    • Dual Operation Modes:
      Users can choose between two operational tiers.
      • Standard Mode supports up to 50 queries every four hours.
      • High-Performance Mode delivers advanced analytical capabilities, accessible up to three times in a four-hour window.
      • VIP users benefit from unrestricted access across both modes.

    Coming soon (Q3 2025), Beacon will further expand its capabilities with advanced trading intelligence tools, including a Personal Trading Analyst for deep, personalized performance insights, an Opportunity Scanner that identifies optimal trades based on your preferences and market trends, and an Advanced Risk Guardian for proactive portfolio protection.

    How It Works: Simple, Fast, Intuitive

    Users interact with Beacon through a conversational interface:

    1. Ask questions in natural language—no need for technical phrasing.
    2. Receive intelligent, data-driven insights based on your preferences and usage patterns.
    3. Make confident decisions supported by comprehensive, AI-enhanced insight.

    Why Beacon Matters

    In the rapidly evolving world of crypto and Web3, timely information, strategic guidance, and intuitive tools are critical. Beacon addresses these demands by combining professional-grade technology with an accessible user interface, making institutional-level support available to every user on the BitMart platform.

    Beacon is exclusively accessible to BitMart users and offered as a permanent, no-cost feature. It is purpose-built to elevate the trading experience by delivering advanced intelligence through an interface that remains intuitive and efficient.

    Discover what Beacon can do for you. Start exploring today.

    About BitMart

    BitMart is a premier global digital asset trading platform with more than 10 million users worldwide. Consistently ranked among the top crypto exchanges on CoinGecko, BitMart offers over 1,700 trading pairs with competitive fees. Committed to continuous innovation and financial inclusivity, BitMart empowers users globally to trade seamlessly. Learn more about BitMart at Website, follow their X (Twitter), or join their Telegram for updates, news, and promotions. Download BitMart App to trade anytime, anywhere.

    Disclaimer:

    The information provided is for informational purposes only and should not be considered a recommendation to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information.

    All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. BitMart does not provide any investment, legal or tax advice.

    The MIL Network

  • MIL-OSI: Byrna Technologies Reports Fiscal Second Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., July 10, 2025 (GLOBE NEWSWIRE) — Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for its fiscal second quarter ended May 31, 2025.

    Fiscal Second Quarter 2025 and Recent Operational Highlights

    • Launched the Byrna Compact Launcher (CL), a 38% smaller launcher than the flagship Byrna SD that delivers the same force per square inch as the Byrna LE. The CL is now available for purchase on Amazon and is featured in Amazon’s Prime Day sales event from July 8-11, 2025.
    • Expanded Byrna’s store-within-a-store concept with Sportsman’s Warehouse, now operating in 12 stores with an additional 10 stores expected to open in the third quarter.
    • Successfully ramping company-owned retail locations launched earlier this year. Byrna’s five locations combined averaged $69,000 in sales during May. Notably, the Scottsdale location reached a sales run rate comparable to Byrna’s long-established Las Vegas store within just a few months of opening.
    • Added Tucker Carlson to the roster of celebrity influencers to amplify brand awareness and promote the normalization of less-lethal solutions.

    Fiscal Second Quarter 2025 Financial Results
    Results compare the fiscal second quarter ended May 31, 2025 (“Q2 2025”) to the fiscal second quarter ended May 31, 2024 (“Q2 2024”) unless otherwise indicated.

    Net revenue for Q2 2025 grew 41% year-over-year to $28.5 million from $20.3 million in Q2 2024. The strong year-over-year growth was primarily attributable to the launch of the CL, increased dealer sales, and broader brand adoption.

    Gross profit for Q2 2025 increased to $17.6 million (62% of net revenue) from $12.6 million (62% of net revenue) in Q2 2024, reflecting the strong increase in sales. The introduction of the CL contributed to a favorable product sales mix that offset any decrease due to a change in channel mix which resulted in stronger dealer sales.

    Operating expenses for Q2 2025 were $14.2 million, compared to $10.6 million for Q2 2024. The increase was primarily due to higher variable selling expenses, payroll costs, and increased discretionary marketing spend.

    Net income for Q2 2025 was $2.4 million, an increase from $2.1 million for Q2 2024, driven by an overall increase in product sales which was partially offset with higher income tax expense for the quarter.

    Adjusted EBITDA1, a non-GAAP metric reconciled below, for Q2 2025 totaled $4.3 million, compared to $2.8 million in Q2 2024.

    Cash, cash equivalents and marketable securities at May 31, 2025 totaled $13.0 million compared to $25.7 million at November 30, 2024. The decrease reflects the planned increase in inventory ahead of the Compact Launcher release and normal seasonal working capital movements. Inventory at May 31, 2025 totaled $32.3 million, compared to $20.0 million at November 30, 2024. The Company has no current or long-term debt.

    Management Commentary
    Byrna CEO Bryan Ganz stated: “The launch of the Byrna CL in May helped us deliver a record $28.5 million in revenue for the second quarter. Despite overall softness in consumer spending, our focused marketing and retail expansion strategies allowed us to continue growing our total addressable market and reach new milestones. Looking ahead, we expect that the CL will be a larger part of our sales mix, especially now that it is available to customers on Amazon.

    “Our dealer channel is also becoming a larger percentage of total sales, increasing 106% in the second quarter, supported by our partnership with Sportsman’s Warehouse. We’ve successfully rolled out the first 12 store-within-a-store locations and plan to add another 10 stores in the third quarter in addition to 38 stores with a point of sale display.

    “Our company-owned stores continue to outperform expectations, with five locations collectively averaging $69,000 in sales during May. Our Scottsdale location, which has only been open for a few months, is already performing at levels similar to our longstanding retail store in Las Vegas. We believe our company-owned stores will continue to perform well and become strong contributors as we further increase local and national brand awareness.

    “On the marketing front, we continue to diversify our approach. We recently added Tucker Carlson to our roster of celebrity influencers, and while it is still early, initial web traffic trends have been encouraging. Additionally, we’ve begun integrating AI tools into our content production, which is already helping us accelerate creative testing and expand our marketing reach.

    “Operationally, we have adjusted production to align with current demand following the CL launch and elevated inventory build. Ahead of the CL debut, production was running heavy in an effort to prepare for the launch. We are now producing at a steady state pace of 15,000 units per month and have implemented a more efficient assembly structure that allows us to maintain output with a smaller, more agile workforce.

    “Looking ahead, we expect consumer sentiment to remain subdued, which may continue to limit near-term revenue upside. However, we are confident that the growing momentum of the CL and our expanding retail presence position us well to deliver strong year-over-year growth in the second half of the year. We also expect our cash position to increase as our heightened inventory levels normalize over the coming quarters. While the third quarter is typically a seasonally slower period for Byrna, we remain focused on executing against our operational priorities, expanding market awareness, and setting the stage for a strong finish to the year.”

    Conference Call
    The Company’s management will host a conference call today, July 10, 2025, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss these results, followed by a question-and-answer period.

    Toll-Free Dial-In: 877-709-8150
    International Dial-In: +1 201-689-8354
    Confirmation: 13754369

    Please call the conference telephone number 5-10 minutes prior to the start time of the conference call. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

    The conference call will be broadcast live and available for replay here and via the Investor Relations section of Byrna’s website.

    About Byrna Technologies Inc.
    Byrna is a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company’s investor relations site here. The Company is the manufacturer of the Byrna® CL, Byrna® LE and Byrna® SD personal security devices, state-of-the-art handheld CO2 powered launchers designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as “plans,” “expects,” “intends,” “anticipates,” and “believes” and statements that certain actions, events or results “may,” “could,” “would,” “should,” “might,” “occur,” or “be achieved,” or “will be taken.” Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include but are not limited to our statements related to our expected sales during the second half of fiscal year 2025, the expected expansion of Byrna’s store-within-a-store partnership with Sportsman’s Warehouse, expected sales trends for the Byrna CL, Byrna’s expectations regarding sales at its retail stores, benefits from new marketing partnerships, the expected benefits from AI integration with manufacturing and testing, the expected benefits from a leaner workforce, expectations regarding consumer sentiment and seasonal sales variations, and potential increases in our cash position. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.

    Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; prolonged, new, or exacerbated disruption of our supply chain; the further or prolonged disruption of new product development; production or distribution disruption or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, increased transportation costs or interruptions, including due to weather, flooding or fires; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; determinations by third party controlled distribution channels, including Amazon, not to carry or reduce inventory of the Company’s products; determinations by advertisers or social media platforms, or legislation that prevents or limits marketing of some or all Byrna products; the loss of marketing partners; increases in marketing expenditure may not yield expected revenue increases; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design or manufacturing defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations and the implementation or change in tariffs; and future restrictions on the Company’s cash resources, increased costs and other events that could potentially reduce demand for the Company’s products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, (“Risk Factors”) in the Company’s most recent Form 10-K and Part II, Item 1A (“Risk Factors”) in the Company’s most recent Form 10-Q, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in the Company’s SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.

    Investor Contact:
    Tom Colton and Alec Wilson
    Gateway Group, Inc.
    949-574-3860
    BYRN@gateway-grp.com

    -Financial Tables to Follow-

    BYRNA TECHNOLOGIES INC.
    Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
    (Amounts in thousands except share and per share data)
    (Unaudited)
                       
        For the Three Months Ended   For the Six Months Ended  
        May 31   May 31  
          2025       2024       2025       2024    
    Net revenue   $ 28,505     $ 20,269     $ 54,695     $ 36,923    
    Cost of goods sold     10,941       7,709       21,207       14,724    
    Gross profit     17,564       12,560       33,488       22,199    
    Operating expenses     14,238       10,647       28,466       20,450    
    INCOME FROM OPERATIONS     3,326       1,913       5,022       1,749    
    OTHER INCOME (EXPENSE)                  
    Foreign currency transaction loss     (135 )     (220 )     (215 )     (279 )  
    Interest income     116       323       303       604    
    Income from joint venture           62             20    
    Other income     18       2       17       3    
    INCOME BEFORE INCOME TAXES     3,325       2,080       5,127       2,097    
    Income tax expense     (898 )     (3 )     (1,038 )     (3 )  
    NET INCOME (LOSS)   $ 2,427     $ 2,077     $ 4,089     $ 2,094    
                       
    Foreign currency translation adjustment for the period     76       144       (54 )     29    
    Unrealized gain on marketable securities     17             77          
    COMPREHENSIVE INCOME (LOSS)   $ 2,520     $ 2,221     $ 4,112     $ 2,123    
                       
    Basic net income (loss) per share   $ 0.11     $ 0.09     $ 0.18     $ 0.09    
    Diluted net income (loss) per share   $ 0.10     $ 0.09     $ 0.17     $ 0.09    
                       
    Weighted-average number of common shares outstanding – basic     22,668,546       22,728,500       22,628,270       22,383,769    
    Weighted-average number of common shares outstanding – diluted     23,951,297       23,731,076       24,021,948       22,942,530    
     
    BYRNA TECHNOLOGIES INC.
    Condensed Consolidated Balance Sheets
    (Amounts in thousands, except share and per share data)
               
        May 31   November 30,  
          2025       2024    
        Unaudited      
    ASSETS          
    CURRENT ASSETS          
    Cash and cash equivalents   $ 7,001     $ 16,829    
    Marketable Securities     5,984       8,904    
    Accounts receivable, net     6,536       2,630    
    Inventory, net     32,286       19,972    
    Prepaid expenses and other current assets     3,931       2,623    
    Total current assets     55,738       50,958    
    LONG TERM ASSETS          
    Deposits for equipment     1,981       2,665    
    Right-of-use-asset, net     2,262       2,452    
    Property and equipment, net     6,844       3,408    
    Intangible assets, net     3,215       3,337    
    Goodwill     2,258       2,258    
    Deferred tax asset     4,797       5,837    
    Other assets     355       1,007    
    TOTAL ASSETS   $ 77,450     $ 71,922    
               
    LIABILITIES          
    CURRENT LIABILITIES          
    Accounts payable and accrued liabilities   $ 14,377     $ 13,108    
    Operating lease liabilities, current     652       539    
    Deferred revenue, current     335       1,791    
    Total current liabilities     15,364       15,438    
    LONG TERM LIABILITIES          
    Deferred revenue, non-current     15       17    
    Operating lease liabilities, non-current     1,935       2,098    
    Total liabilities     17,314       17,553    
               
               
    STOCKHOLDERS‘ EQUITY          
    Preferred stock              
    Common stock     25       25    
    Additional paid-in capital     134,739       133,029    
    Treasury stock     (21,308 )     (21,253 )  
    Accumulated deficit     (52,694 )     (56,783 )  
    Accumulated other comprehensive loss     (626 )     (649 )  
               
    Total Stockholders’ Equity     60,136       54,369    
               
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 77,450     $ 71,922    
               

    Non-GAAP Financial Measures

    In addition to providing financial measurements based on generally accepted accounting principles in the United States (GAAP), we provide an additional financial metric that is not prepared in accordance with GAAP (non-GAAP) with presenting non-GAAP adjusted EBITDA. Management uses this non-GAAP financial measure, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes and to evaluate our financial performance. We believe that this non-GAAP financial measure helps us to identify underlying trends in our business that could otherwise be masked by the effect of certain expenses that we exclude in the calculations of the non-GAAP financial measure.

    Accordingly, we believe that this non-GAAP financial measure reflects our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business and provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects.

    This non-GAAP financial measure does not replace the presentation of our GAAP financial results and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with GAAP. There are limitations in the use of non-GAAP measures, because they do not include all the expenses that must be included under GAAP and because they involve the exercise of judgment concerning exclusions of items from the comparable non-GAAP financial measure. In addition, other companies may use other non-GAAP measures to evaluate their performance, or may calculate non-GAAP measures differently, all of which could reduce the usefulness of our non-GAAP financial measure as a tool for comparison.
             

    Adjusted EBITDA

    Adjusted EBITDA is defined as net (loss) income as reported in our condensed consolidated statements of operations and comprehensive (loss) income excluding the impact of (I) depreciation and amortization; (ii) income tax provision (benefit); (iii) interest income (expense); (iv) stock-based compensation expense, (v) impairment loss, and (vi) one time, non-recurring other expenses or income. Our Adjusted EBITDA measure eliminates potential differences in performance caused by variations in capital structures (affecting finance costs), tax positions, the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). We also exclude certain one-time and non-cash costs. Reconciliation of Adjusted EBITDA to net (loss) income, the most directly comparable GAAP measure, is as follows (in thousands):

          For the Three Months Ended   For the Six Months Ended  
          May 31   May 31  
            2025       2024       2025       2024    
    Net Income (Loss)   $ 2,427     $ 2,077     $ 4,089     $ 2,094    
                         
    Adjustments:                  
      Interest income     (116 )     (323 )     (303 )     (604 )  
      Income tax expense     898       3       1,038       3    
      Depreciation and amortization     252       165       437       335    
    Non-GAAP EBITDA   $ 3,461     $ 1,922     $ 5,261     $ 1,828    
                         
    Stock-based compensation expense     723       858       1,562       1,796    
    Severance/Separation/Officer recruiting     116           246       175    
    Non-GAAP adjusted EBITDA   $ 4,300     $ 2,780     $ 7,069     $ 3,799    
                         

    1 See non-GAAP financial measures at the end of this press release for a reconciliation and a discussion of non-GAAP financial measures.

    The MIL Network

  • MIL-OSI: Award-Winning Producer Doug Grau to Spearhead Creation of American Rebel Productions, a New Content Arm of American Rebel Holdings, Inc.

    Source: GlobeNewswire (MIL-OSI)

    NASHVILLE, TN, July 10, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), the creator of American Rebel Beer (americanrebelbeer.com) and a leading designer and marketer of branded safes, personal security products, and patriotic apparel, today announced plans to expand its brand platform through the formation of a new wholly owned subsidiary, American Rebel Productions, LLC.

    As part of this strategic initiative, the Company has entered into a professional services agreement with Award-winning producer and music industry veteran Doug Grau, who will serve as a strategic advisor to CEO Andy Ross. Grau will assist in developing a business strategy for the new division, which will focus on content creation and brand storytelling aligned with the Company’s patriotic mission. Upon formal establishment of the subsidiary, Grau is expected to serve as its initial President.

    Doug Grau, a veteran music industry executive and original co-founder of American Rebel Holdings, Inc., has played a key role in the Company’s early brand development and creative direction. His longstanding collaboration with CEO Andy Ross helped shape the Company’s identity as “America’s Patriotic Brand.”

    From Song to Brand: The Origin of American Rebel

    Grau and Ross have completed three albums together and have begun recording a fourth studio album. Ross’s three released albums – You Ain’t Seen Crazy Yet (2011), Cold Dead Hand (2013), and Time to Fight (2016) – benefited from Grau’s 40+ years of music industry experience. The first completed track for Time to Fight was the single “American Rebel,” a song that would become far more than just a title.

    The message and energy behind “American Rebel” were immediately recognized as more than a song – it was a mission statement. That moment sparked the founding of American Rebel Holdings, Inc. in 2014, grounded in the belief that the song embodied the values, spirit, and lifestyle of a patriotic American brand. The company was built around that vision, transforming a powerful anthem into a multifaceted business rooted in patriotism and the unwavering belief in chasing the American dream.

    Grau and Ross recently completed a new video for Ross’s single “I Stand For You.” The video was filmed during Ross’s recent concert celebrating the 250th birthday of the United States Army. Watch the video by clicking here.

    Doug Grau’s Industry Legacy

    Grau brings over four decades of experience in entertainment and media. He spent 15 years at Warner Bros. Nashville (1983–1998), where he was instrumental in developing the careers of artists such as Travis Tritt, Little Texas, David Ball, Jeff Foxworthy, and Bill Engvall. He also produced the original Blue Collar Comedy Tour LIVE CD featuring Foxworthy, Engvall, Larry the Cable Guy, and Ron White. In 2002, Grau produced the video and audio recording of the Statler Bros. Farewell Concert, which aired nationally on PBS and earned an RIAA Gold DVD award. He later published Statler Bros: Random Memories in 2008, co-written by founding members Harold and Don Reid.

    In conjunction with this transition, Grau has agreed to officially step down from his current roles as President and Interim Principal Accounting Officer of American Rebel Holdings, Inc. As planned, Darin Fielding will assume the role of Principal Accounting Officer, and Corey Lambrecht, the Company’s current Chief Operating Officer, will take on the additional role of President. These leadership changes are designed to align the Company’s executive structure with its strategic growth initiatives and operational priorities.

    Expanding the Brand Through Content

    American Rebel Productions will be tasked with developing original content that amplifies the Company’s patriotic identity and connects with its growing customer base. CEO Andy Ross emphasized the importance of this next phase:

    “We’ve always believed in the power of storytelling to build loyalty around the American Rebel brand. This planned new venture will allow me to continue working directly with Doug to leverage his exceptional talent and decades of experience in content creation. Together, we’ll amplify our message, elevate our brand, and ensure that everything we produce resonates deeply with our customers and reinforces the patriotic values at the heart of American Rebel.”

    Strategic Growth and Diversification

    The formation of American Rebel Productions reflects the Company’s broader strategy to diversify its revenue streams and deepen customer engagement. By leveraging media and entertainment, American Rebel Holdings, Inc. aims to enhance brand visibility and support the growth of its core product lines, including American Rebel Light Beer, branded safes, and patriotic apparel. In addition, the Company will continue to pursue strategic licensing opportunities that align with its brand values and expand its reach into complementary markets.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) is a designer, manufacturer, and marketer of branded safes, personal security and self-defense products, and patriotic apparel. The Company recently expanded into the beverage industry with the launch of American Rebel Light Beer. Learn more at americanrebelbeer.com. For investor information, visit americanrebel.com/investor-relations.

    Watch the story behind American Rebel as told by CEO Andy Ross: The American Rebel Story

    Media Contact:
    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    Investor Relations: info@americanrebel.com| ir@americanrebel.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    The MIL Network

  • MIL-OSI: Duos Edge AI To Deploy Edge Data Centers in Corpus Christi

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., July 10, 2025 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a provider of adaptive, versatile and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, today announced the upcoming deployment of two new EDCs in Corpus Christi, Texas. The deployment reinforces Duos’ rapid execution strategy in scaling next-generation edge infrastructure. Scheduled to be delivered at the end of July, the Corpus Christi EDCs will serve as central communications hubs for carriers delivering services to mobile operators, enterprises, local education, healthcare, and digital economy sectors while driving growth across the local market.

    In line with Duos Edge AI’s strategy to expand next-generation infrastructure in underserved and high-growth markets, the latest project in Corpus Christi demonstrates the Company’s ability to execute quickly and at scale. With seamless carrier integration and uninterrupted service, the initiative removes key hurdles to edge connectivity while accelerating service readiness for regional partners.

    “Our Corpus Christi project highlights the speed, precision, and value of our Edge AI model,” said Doug Recker, President and Founder of Duos Edge AI. “We’re delivering high-availability, localized computing power that enables fiber and network providers to scale efficiently and meet increasing demand at the edge. We are bringing a state-of-the-art EDC solution to Corpus Christi to enable the major communications carriers to have an even more robust solution to the Corpus Christi market.”

    The Corpus Christi deployment is part of Duos Edge AI’s 2025 plan to deploy 15 EDCs nationwide. With modular design, rapid deployment, and a focus on bridging the digital divide, Duos continues to unlock localized high-speed computing capacity in regions where it’s needed most.

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

    About Duos Edge AI, Inc.

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

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

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

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