NewzIntel.com

Category: Economy

  • MIL-OSI United Kingdom: Local leaders welcome leading role for Leeds in delivering government’s Plan for Change

    Source: City of Leeds

    The Leader of Leeds City Council and the Mayor of West Yorkshire have welcomed government plans to bring together local communities, civil servants, and frontline workers in Leeds and the wider region to have a greater voice in shaping and testing national policy.

    As a part of the next phase of the Government’s plan to transform public services and deliver its ‘Plan for Change’, three key locations; Leeds, Sheffield, and Darlington, will use thematic campuses to focus on different government policy missions and solve major challenges facing communities.

    Working hand in hand with local mayoral combined authorities and public service providers, the Community Mission Challenge pilot programme aims to draw together civil servants and frontline workers with a cross section of expertise, skills, and experience from departments such as teaching and the NHS, to have a greater impact on shaping and testing new government policy locally. 

    Once proved successful, these solutions and ways of working can then be scaled up across other parts of the UK to accelerate delivery of the missions nationally. 

    The pilot programme follows a recent government announcement that will see thousands of civil servants located outside London, with the aim of bringing central government closer to the people it serves.

    Under the plans, Leeds will focus on the Government’s health mission, while Sheffield will focus on opportunity, and Darlington on growth. 

    Leeds already has a reputation for innovation in health and social care through its comprehensive Health and Wellbeing Strategy, Inclusive Growth Strategy, and its introduction of the Marmot city partnership. Coupled with a cutting-edge health technology and research sector, and its expansive voluntary and community organisations and anchor networks already working in close partnership with the local authority, the city has a wealth of experience in health innovation.

    The Leader of Leeds City Council, Councillor James Lewis, said: “We are delighted that Leeds civil servants will take a leading role in delivering the Government’s health mission. This aligns with our local health and wellbeing strategy, which aims to improve the health of the poorest fastest. 

    “Leeds is a growing, diverse and ambitious city with well-established neighbourhood networks run by the voluntary and community sector and large anchor organisations working in partnership with the local authority, and a wealth of frontline expertise which will really benefit this new initiative.  

    “As a city, we have a hard-won reputation for innovation, especially within the health and social care sector, so we are perfectly suited to focus on the health mission which has been entrusted to the city.

    “We look forward to playing a significant role in helping to shape national policy and to bringing central government closer to our community.”

    Tracy Brabin, Mayor of West Yorkshire, said: “This government understands that to achieve its missions and rebuild public services, it needs to listen to those who know their areas best.

    “Frontline workers and civil servants across the North of England stand ready to help the government understand the challenges and deliver the change that’s needed to grow our economy and put more money in people’s pockets.

    “Home to a thriving network of over 300 health tech companies, three innovative universities and the largest teaching hospital in Europe, it’s only fitting that Leeds will lead the way on transforming the NHS and the health of our communities across the UK.”

    Plans for the scheme will continue to be drawn up throughout the summer with the programme expected to start work in the autumn. A new secondment scheme between government and local authorities is also being developed with people in both central and local government able to participate. 

    MIL OSI United Kingdom –

  • MIL-OSI Russia: SCO Member States Intend to Strengthen Cooperation in Digital Technologies

    Translation. Region: Russian Federal

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

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

    URUMQI, June 18 (Xinhua) — Participants from various countries expressed their readiness to strengthen cooperation in the relevant field within the SCO framework at the 4th meeting of heads of ministries and departments of the SCO member states responsible for the development of information and communication technologies (ICT), which was held in Karamay city, northwest China’s Xinjiang Uygur Autonomous Region, on Tuesday.

    At the event, Deputy Minister of Industry and Information Technology of the People’s Republic of China Xiong Jijun called promoting sustainable development and accelerating modernization common goals of the SCO countries.

    According to him, China is ready to work with all parties to improve the quality and level of cooperation among the member states by improving institutional mechanisms, strengthening political dialogue, deepening practical cooperation in the field of digital technologies and ICT, promoting the transformation and modernization of industries, building a more just, accessible and inclusive digital world, thereby contributing to the formation of a community of shared destiny of the SCO.

    First Deputy Minister of Communications and Informatization of the Republic of Belarus Pavel Tkach stated that joint digital development allows for a significant deepening of integration, mutual trade and other sectors of the economy, and the exchange of experience in this area can be carried out within the framework of the SCO.

    He stressed that due to the rapid growth of data in Belarus, there is a need to create centers for their processing and storage, adding that Belarus is interested in China’s experience in this area and expects to participate in specific projects with it.

    Karamay City, the venue for the event, boasts of its dynamic digital economy in Xinjiang. According to local authorities, as of the end of 2024, the computing power of the cloud computing industrial park was 17,042 petaflops (1 petaflop equals 1 quadrillion floating-point operations per second), becoming the first such industrial park in the region with a computing power of more than 10,000 petaflops.

    Zhanat Dzhabasova from Kazakhstan, head of the center for international cooperation and project implementation at the M. Dulatov Kostanay Engineering and Economics University, emphasized the prospects of Karamay to become a future hub of digital technologies. She stated that due to its geographical location, the city is quite capable of combining the experience of Kazakhstan and China in this area and becoming a center for digital transformation and exchanges between the two countries.

    Zh. Dzhabasova also expressed hope for the development of cooperation with Chinese universities in the field of information technology and other areas, especially for conducting joint scientific research through the exchange of experience.

    The head of Tajikistan’s Communications Service, Isfandiyor Sadullo, said that Karamay, as a city whose main industry is the oil industry, is making active efforts to develop digital technologies. According to him, he sees broad prospects here in the field of big data exchange.

    I. Sadullo also said that Tajikistan expects cooperation with China in the field of digital and information and communication technologies, as well as in digital development and transformation.

    Let us recall that the meeting adopted an action plan aimed at deepening exchanges and cooperation between the SCO member states in the development of measures for digital transformation, creation of digital infrastructure, digital government, cloud computing, digitalization of small and medium-sized enterprises, development and application of digital technologies, exchange of specialists in the field of digital technologies, etc. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Shanghai hosts Forum on Legal Support for SCO Economic and Trade Activities

    Translation. Region: Russian Federal

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

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

    BEIJING, June 18 (Xinhua) — The SCO Center for International Legal Training and Cooperation (China), based at the Shanghai University of Political Science and Law, held the Forum on Legal Support for SCO Economic and Trade Activities from Tuesday to Wednesday.

    The event was held under the theme “Legal Innovations and International Cooperation – Building a New Era of Sustainable Development”. It was attended by more than 100 experts, scientists and industry representatives from international organizations, SCO countries, Chinese and foreign universities, research institutions and business circles.

    The forum focused on creating an effective communication platform for deepening and promoting legal ideas in economic and trade activities, and was also aimed at forming a more open, mutually beneficial and sustainable platform for legal cooperation within the SCO.

    The meeting discussed issues such as preventing legal risks in international investment and infrastructure construction within the Belt and Road Initiative, international trade, financial settlements and dispute resolution within the SCO.

    Ge Weihua, Party Secretary of Shanghai University of Political Science and Law, said that in the context of growing uncertainty and complexity in economic and trade exchanges, there is an urgent need for more coordinated, higher-level legal support.

    Since the establishment of the SCO/China International Legal Training and Cooperation Center, Shanghai University of Political Science and Law has always been committed to promoting in-depth exchanges and cooperation in the legal, economic and trade fields within the SCO framework. In the future, the university will continue to give full play to the advantages of the center to actively promote regional legal cooperation, he added.

    The forum was organized by the Shanghai University of Political Science and Law and the SCO Center for International Legal Training and Cooperation /China/. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China to establish international digital yuan operations center

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    SHANGHAI, June 18 (Xinhua) — China will set up an international digital yuan operations center, Bank of China Governor Pan Gongsheng announced at the Lujiazui Forum in Shanghai on Wednesday.

    The purpose of establishing this center, he said, is to promote the internationalization of the digital yuan and the development of financial market services, as well as support innovation in the field of digital finance. -0-

    MIL OSI Russia News –

  • MIL-OSI: MasterQuant Introduces AI Bot for Smarter, Automated Trading Success

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, June 18, 2025 (GLOBE NEWSWIRE) —

    For many years, handling the complications of financial markets has felt like a high-stakes gamble for many. Keeping up with endless data, making split-second decisions, and managing risk often seem like tasks left to experienced professionals. It changes, today! MasterQuant is excited to announce the official launch of its innovative investment platform, MasterQuant, powered by a practical artificial intelligence trading bot, developed to bring enhanced quantifiable strategies within reach of every investor. 

    MasterQuant’s core belief of mission is to make smart investments accessible to everyone. The foundation of the platform is that the advanced expert system trading bot is far more than just a simple automated system. It functions as a skilled engine that is always learning and growing, converting vast amounts of market data into understandable and doable investing decisions. 

    The Power Behind the Attention: MasterQuant’s AI Trading Bot

    Why is MasterQuant’s AI bot innovative? Deep Learning, which operates consistently in the background, is the foundation of its capabilities:

    • Real-time Market Analysis: The trading bot continually shifts through tremendous volumes of market data, processing information as it happens. This bot isn’t just looking at the analysis of the charts, it’s understanding the nuances of price movements, trading volumes, and global indicators immediately
    • Identifying Profitable Opportunities: Through ongoing analysis, the AI bot demonstrates exceptional ability in detecting investment opportunities that may not be apparent to humans. It recognizes trends and indicators that imply an opportune time to buy or sell a position.
    • Generating Optimized Trading Strategies: Upon identifying an opportunity, the bot acts without delay. It designs and implements precisely tuned trading strategies, basing its choices on complex calculations instead of feelings or speculation.
    • Dynamically Adjusting Risk Exposure: A major issue for every investor is risk. The deep learning bot from MasterQuant is designed to actively handle risk, modifying exposure levels instantaneously to safeguard capital and adhere to established criteria.
    • Diversifying Assets Thoughtfully: The bot doesn’t put all its eggs in one basket. It works to diversify assets, spreading investments across different areas to balance potential returns and reduce overall vulnerability.
    • Continuously Optimizing Trades: Learning is never-ending. The expert system bot continually adjusts its strategies, gathering knowledge from each trade and market fluctuation to enhance future performance. This ongoing improvement targets more and more efficient and profitable results in the long run.

    The implementation of this AI trading bot is already breaking new ground in automated investment as it shows the ability to generate amazing profits by persistently executing its clever strategies. It is a major step forward in the process of simplifying the financial tools for ordinary people and increasing their effectiveness.

    “MasterQuant was built because we recognized there was an obvious demand for a wiser, easier method of investing,” explained Ryan Franklin, MasterQuant’s Director of Communications. “Our AI-driven trading bot is the result of a lot of research and development that has gone into creating something that empowers both new and experienced investors. It eliminates the guesswork and emotional tension associated with trading, enabling our users to make the most of cutting-edge strategies with confidence and accuracy.”

    MasterQuant’s first rollout targets the dynamic cryptocurrency markets, where its real-time analytical strength can shine. Expansion into other major markets, such as forex and traditional stocks, is already in the works, spreading its groundbreaking approach to even more assets.

    MasterQuant is not only a platform rather it has become the new era of investing where innovation is a trusted partner in wealth development. It invites everyone to explore a more smart path to financial success by removing common barriers and putting experienced deep learning at the forefront.

    About MasterQuant

    MasterQuant is a ground-breaking quantitative investment platform that is powered by AI and dedicated to making advanced financial strategies accessible to everyone. MasterQuant, through its deep learning trading bot and intuitive design, enables investors with any level of skill to utilize the markets more efficiently, accurately, and with more confidence. MasterQuant is built on consistent innovation and has the goal of changing the way people create wealth in the new era.

    To get more details or check out contract options, https://masterquant.com/

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Stock Trading involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Masterquant.com and associated parties are not liable for any financial loss incurred.

    The MIL Network –

  • MIL-OSI: MasterQuant Introduces AI Bot for Smarter, Automated Trading Success

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, June 18, 2025 (GLOBE NEWSWIRE) —

    For many years, handling the complications of financial markets has felt like a high-stakes gamble for many. Keeping up with endless data, making split-second decisions, and managing risk often seem like tasks left to experienced professionals. It changes, today! MasterQuant is excited to announce the official launch of its innovative investment platform, MasterQuant, powered by a practical artificial intelligence trading bot, developed to bring enhanced quantifiable strategies within reach of every investor. 

    MasterQuant’s core belief of mission is to make smart investments accessible to everyone. The foundation of the platform is that the advanced expert system trading bot is far more than just a simple automated system. It functions as a skilled engine that is always learning and growing, converting vast amounts of market data into understandable and doable investing decisions. 

    The Power Behind the Attention: MasterQuant’s AI Trading Bot

    Why is MasterQuant’s AI bot innovative? Deep Learning, which operates consistently in the background, is the foundation of its capabilities:

    • Real-time Market Analysis: The trading bot continually shifts through tremendous volumes of market data, processing information as it happens. This bot isn’t just looking at the analysis of the charts, it’s understanding the nuances of price movements, trading volumes, and global indicators immediately
    • Identifying Profitable Opportunities: Through ongoing analysis, the AI bot demonstrates exceptional ability in detecting investment opportunities that may not be apparent to humans. It recognizes trends and indicators that imply an opportune time to buy or sell a position.
    • Generating Optimized Trading Strategies: Upon identifying an opportunity, the bot acts without delay. It designs and implements precisely tuned trading strategies, basing its choices on complex calculations instead of feelings or speculation.
    • Dynamically Adjusting Risk Exposure: A major issue for every investor is risk. The deep learning bot from MasterQuant is designed to actively handle risk, modifying exposure levels instantaneously to safeguard capital and adhere to established criteria.
    • Diversifying Assets Thoughtfully: The bot doesn’t put all its eggs in one basket. It works to diversify assets, spreading investments across different areas to balance potential returns and reduce overall vulnerability.
    • Continuously Optimizing Trades: Learning is never-ending. The expert system bot continually adjusts its strategies, gathering knowledge from each trade and market fluctuation to enhance future performance. This ongoing improvement targets more and more efficient and profitable results in the long run.

    The implementation of this AI trading bot is already breaking new ground in automated investment as it shows the ability to generate amazing profits by persistently executing its clever strategies. It is a major step forward in the process of simplifying the financial tools for ordinary people and increasing their effectiveness.

    “MasterQuant was built because we recognized there was an obvious demand for a wiser, easier method of investing,” explained Ryan Franklin, MasterQuant’s Director of Communications. “Our AI-driven trading bot is the result of a lot of research and development that has gone into creating something that empowers both new and experienced investors. It eliminates the guesswork and emotional tension associated with trading, enabling our users to make the most of cutting-edge strategies with confidence and accuracy.”

    MasterQuant’s first rollout targets the dynamic cryptocurrency markets, where its real-time analytical strength can shine. Expansion into other major markets, such as forex and traditional stocks, is already in the works, spreading its groundbreaking approach to even more assets.

    MasterQuant is not only a platform rather it has become the new era of investing where innovation is a trusted partner in wealth development. It invites everyone to explore a more smart path to financial success by removing common barriers and putting experienced deep learning at the forefront.

    About MasterQuant

    MasterQuant is a ground-breaking quantitative investment platform that is powered by AI and dedicated to making advanced financial strategies accessible to everyone. MasterQuant, through its deep learning trading bot and intuitive design, enables investors with any level of skill to utilize the markets more efficiently, accurately, and with more confidence. MasterQuant is built on consistent innovation and has the goal of changing the way people create wealth in the new era.

    To get more details or check out contract options, https://masterquant.com/

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Stock Trading involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Masterquant.com and associated parties are not liable for any financial loss incurred.

    The MIL Network –

  • MIL-OSI: Tokio Marine HCC Appoints Elizabeth Geary to Lead North America P&C Businesses

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) — Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C. She will be responsible for the growth and leadership of TMHCC’s North America P&C business units. Ms. Geary assumes her new role on June 30, 2025, reporting to Susan Rivera, TMHCC’s CEO, and will be based in New York City.

    Ms. Geary brings more than two decades of underwriting and senior leadership experience to TMHCC. She joins from Liberty Mutual, where, as President of Insurance Solutions, she was responsible for the launch and development of a new organization, focused on proactively managing brokers’ and clients’ evolving risk needs with a focus on cyber, energy transition, and alternative risk solutions. Ms. Geary began her career at TransRe, gaining underwriting experience across the spectrum of specialty classes, starting with US Property and Healthcare, progressing to Global Head of Cyber, and ultimately serving in a dual role as Chief Underwriting Officer, North America, and President, Global Portfolio Management.

    This announcement is the latest in a series of key executive appointments at TMHCC, with Barry Cook promoted to the role of Deputy CEO in April 2025, as the business evolves and expands its leadership structure to maintain its growth momentum.

    Ms. Rivera said, “Appointing Liz to the new role of President & CEO of our North America P&C business units is a statement of intent for our business. Her talent and track record of underwriting acumen, product strategy, and leadership are exceptional. As TMHCC continues to expand and evolve, driven by our commitment to enhancing our offerings to reflect the needs of insureds in a rapidly changing risk environment, we will need to attract the leading talent in the market who share our specialized focus and approach. Liz is an example of this approach in action, and I look forward to working with her to successfully harness the opportunities present in this expansive sector of the insurance market.”

    Ms. Geary added, “Tokio Marine HCC’s North American business has become a market leader in its chosen sectors, and its specialty insurance reputation is second to none. TMHCC is known for its long-term commitment to markets, underwriting excellence, and top-notch financial strength. I am delighted to be joining Susan and her team and look forward to helping the business realize its profitable growth ambitions in North America while providing market-leading solutions for our brokers and insureds.”

    About Tokio Marine HCC
    Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.

    Contact:
    Doug Busker, Vice President – Public Relations
    Tokio Marine HCC
    713-996-1192

    The MIL Network –

  • MIL-OSI: Tokio Marine HCC Appoints Elizabeth Geary to Lead North America P&C Businesses

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) — Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C. She will be responsible for the growth and leadership of TMHCC’s North America P&C business units. Ms. Geary assumes her new role on June 30, 2025, reporting to Susan Rivera, TMHCC’s CEO, and will be based in New York City.

    Ms. Geary brings more than two decades of underwriting and senior leadership experience to TMHCC. She joins from Liberty Mutual, where, as President of Insurance Solutions, she was responsible for the launch and development of a new organization, focused on proactively managing brokers’ and clients’ evolving risk needs with a focus on cyber, energy transition, and alternative risk solutions. Ms. Geary began her career at TransRe, gaining underwriting experience across the spectrum of specialty classes, starting with US Property and Healthcare, progressing to Global Head of Cyber, and ultimately serving in a dual role as Chief Underwriting Officer, North America, and President, Global Portfolio Management.

    This announcement is the latest in a series of key executive appointments at TMHCC, with Barry Cook promoted to the role of Deputy CEO in April 2025, as the business evolves and expands its leadership structure to maintain its growth momentum.

    Ms. Rivera said, “Appointing Liz to the new role of President & CEO of our North America P&C business units is a statement of intent for our business. Her talent and track record of underwriting acumen, product strategy, and leadership are exceptional. As TMHCC continues to expand and evolve, driven by our commitment to enhancing our offerings to reflect the needs of insureds in a rapidly changing risk environment, we will need to attract the leading talent in the market who share our specialized focus and approach. Liz is an example of this approach in action, and I look forward to working with her to successfully harness the opportunities present in this expansive sector of the insurance market.”

    Ms. Geary added, “Tokio Marine HCC’s North American business has become a market leader in its chosen sectors, and its specialty insurance reputation is second to none. TMHCC is known for its long-term commitment to markets, underwriting excellence, and top-notch financial strength. I am delighted to be joining Susan and her team and look forward to helping the business realize its profitable growth ambitions in North America while providing market-leading solutions for our brokers and insureds.”

    About Tokio Marine HCC
    Tokio Marine HCC is a member of the Tokio Marine Group, a premier global company founded in 1879 with a market capitalization of $74 billion as of March 31, 2025. Headquartered in Houston, Texas, Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Continental Europe. Tokio Marine HCC’s major domestic insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings, ‘A++’ (Superior) from AM Best, and ‘AA-’ (Very Strong) from Fitch Ratings; its major international insurance companies have financial strength ratings of ‘A+’ (Strong) from S&P Global Ratings. Tokio Marine HCC is the marketing name used to describe the affiliated companies under the common ownership of HCC Insurance Holdings, Inc., a Delaware-incorporated insurance holding company. For more information about Tokio Marine HCC, please visit www.tokiomarinehcc.com.

    Contact:
    Doug Busker, Vice President – Public Relations
    Tokio Marine HCC
    713-996-1192

    The MIL Network –

  • MIL-OSI: ACNB Corporation Announces Common Stock Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    GETTYSBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) — ACNB Corporation (“ACNB”) (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved a new plan to repurchase, in open market transactions at prevailing market prices, up to 314,000, or approximately 3.0%, of the outstanding shares of ACNB’s common stock. The amount and timing of any shares repurchased will be evaluated and determined by management in its discretion and will depend upon a number of factors, including ACNB’s capital position, liquidity, financial performance and alternate uses of capital, the market price of ACNB’s securities, general market and economic conditions, and applicable legal and regulatory requirements, with no guarantee as to the exact number of shares that will be repurchased. The common stock repurchases are expected to be funded by using available capital. Further, this new common stock repurchase program replaces and supersedes any and all earlier announced repurchase plans.

    ACNB Corporation, headquartered in Gettysburg, PA, is the independent $3.27 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, including its operating divisions Traditions Bank and Traditions Mortgage, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 33 community banking offices and one loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

    FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

    ACNB #2025-11
    June 18, 2025

    Contact: Kevin J. Hayes
      SVP/General Counsel,
      Secretary & Chief
      Governance Officer
      717.339.5161
      khayes@acnb.com

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: ibex Donates $25,000 to Wounded Warrior Project

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 18, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, is proud to announce a $25,000 donation to Wounded Warrior Project® (WWP) as part of ibex CaresTM, the company’s global philanthropic program. This contribution supports WWP’s mission, which focuses on the total well-being of post-9/11 wounded, ill, or injured veterans. From PTSD treatments to essential long-term care, the nonprofit is empowering warriors to thrive – physically, mentally, and financially – for a lifetime.

    WWP began in 2003 by delivering backpacks filled with comfort items to the bedsides of wounded warriors – along with a powerful promise to stand by them as they healed and rebuilt their lives. Today, WWP is the nation’s leading veterans service organization, providing essential lifelines to warriors, their families, and caregivers. Thanks to support from generous Americans and organizations, WWP can serve warriors and their families at no cost to them.

    “On behalf of ibex and our many veterans, we are proud to make this donation to help support our nation’s wounded veterans,” said ibex Chief People Officer Paul Inson. “Supporting the mission of Wounded Warrior Project fits perfectly with our core values of compassion and community service. We believe it’s not just a responsibility but a privilege to give back to those who have given so much for our country.”

    The donation is part of ibex Cares, which supports charitable organizations across ibex’s operational regions. ibex Cares also encourages employees to volunteer and donate to local causes, promoting meaningful connections and driving positive change in communities worldwide.

    “We must never forget the cost of freedom,” said Brea Kratzert Todd, WWP Vice President of Business Development. “Supporters like ibex make it possible for Wounded Warrior Project to provide life-changing programs and be there for warriors throughout their lifetime.”

    As ibex continues to grow, the company remains dedicated to expanding its charitable impact and nurturing a culture of giving back across its global operations.

    “I applaud our team for their amazing generosity and compassion,” said Christy O’Connor, Chief Legal Officer at ibex. “I am personally involved with Wounded Warrior’s Battalion West, where my dog has been a therapy dog to wounded warriors for six years and helped save numerous lives. Giving is in our DNA and is just one more thing that makes ibex special.”

    About ibex

    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of 31 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of approximately 31,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    About Wounded Warrior Project

    Wounded Warrior Project is our nation’s leading veteran services organization, focused on the total well-being of post-9/11 wounded, ill, or injured veterans. Our programs, advocacy, and awareness efforts help warriors thrive, provide essential lifelines to families and caregivers, and prevent veteran suicides. Learn more about Wounded Warrior Project.

    Media Contact:
    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee99ff99-ccc2-43f4-a5af-da11ebe31725

    The MIL Network –

  • MIL-OSI: Moomoo Gears Up to Celebrate New York Mets’ 50th Victory with a $20,000 Fan Giveaway, Announces 25th Win Prize Recipient with $10,000

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., June 18, 2025 (GLOBE NEWSWIRE) — Moomoo, a global investment and trading platform, is getting ready to celebrate with New York Mets fans with a $20,000 giveaway as the Mets approach the exciting 50th win of the 2025 MLB season. Moomoo also congratulates the Mets on achieving their 25th win by giving $10,000 to the sweepstakes winner – H Smith from Queens, New York. This milestone also activated the first major prize in moomoo’s season-long fan engagement campaign.

    As part of the strategic partnership with the Mets, moomoo pledged to contribute $10,000 to a special prize fund for every team victory. With the Mets reaching 25 wins, H Smith becomes the first moomoo user to win the first prize of this ongoing sweepstakes. As the season progresses, subsequent milestone achievements including 50, 75, and 100 wins will lead to increased prizes for each milestone and a potential $1 million grand prize for a lucky moomoo investor.

    At this time, fans are encouraged to create their moomoo account and make a qualifying deposit soon for a chance to win the $20,000 prize after the team records its 50th win.

    “We’re excited to officially kickoff the prize portion of this special partnership with the Mets, and reward Mets fans and moomoo users by creating special experiences like this,” said Neil McDonald, moomoo US’s CEO. “Our partnership with the Mets aims at creating memorable experiences for fans and investors alike and we can’t wait to see what the rest of the season will bring.”

    In addition to the cash awards, moomoo will host Moomoo Mondays at Mets games: every Monday home game during the 2025 regular season moomoo will be giving away up to 500 free tickets to fans. To be eligible, fans will simply show the moomoo Monday Mets ticket offer on their moomoo app at the Mets Box Office at the ballpark. Each Monday, fans can expect prizes and surprises during their Citi Field experience, including free promotional items.

    About moomoo
    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
    Founded in the U.S., moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

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

    Purchase will not improve chances of winning. Void where prohibited. 18+. Open to permanent legal U.S. residents residing in NY, NJ, CT, or PA. Starts 4/4/2025. Various deadlines may apply. Entries must be received by 11:59 pm ET on 9/28/2025 or earlier if the Mets win 100 games. Enter for free at Free entry link. Prize restrictions apply. For details/Official Rules visit bit.ly/moomoomillion_Rules

    The Mets are not affiliated with moomoo or its affiliates. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC. Investing is risky.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3d63025a-3e11-40b6-9a13-20cfa71d5a5e

    The MIL Network –

  • MIL-OSI: NexQloud Closes $2.3M Pre-Seed Round, Surpasses 1,850 NanoServers Deployed, Outpaces Traditional Data Centers in Efficiency—and Pursues FedRAMP for Public Sector Expansion

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — NexQloud, a startup in decentralized cloud computing infrastructure, today announced the successful close of its $2.3 million Pre-Seed funding round under a Reg CF exemption. The raise, completed with fully audited financials, marks a significant milestone and confirms market appetite for decentralized computing solutions that reward individuals and organizations for contributing their hardware to the cloud.

    The company now enters a new phase of growth, backed by a 12-month runway and plans to launch a $5 million Seed Round to accelerate proof of market fit for its Distributed Kubernetes Service (DKS) and expand into three additional cloud service verticals designed to serve the growing demand from AI organizations, SaaS providers, and DevOps teams.

    “This funding validates what we’ve always believed — that the future of cloud computing is decentralized, energy efficient, and eco-friendly,” said Mauro Terrinoni, CEO of NexQloud. “With over 1,850 NanoServers live, we’ve demonstrated not only demand but global scalability. Now, we’re focused on unlocking enterprise and federal adoption with even greater ambition.”

    1,850+ NanoServers Now Deployed Across 10 Countries

    Since its last milestone announcement of 1,250 units, NexQloud has rapidly expanded to over 1,850 NanoServers across ten countries, including the United States, United Kingdom, Canada, Belgium, Australia, Vietnam, Switzerland, Germany, India, and Jamaica. This marks a 48% growth since its last update, demonstrating strong contributor momentum and global adoption.

    Built on mobile CPU architecture, each NanoServer operates with just 12% of the energy consumed by traditional rackmount servers. The result: 88% energy savings with identical computational performance. These energy-efficient devices operate 24/7 with minimal cooling or infrastructure overhead, creating a sustainable, community-powered alternative to centralized data centers.

    To date NexQloud’s Distributed Compute Platform (DCP) now comprises:

    • 54,820 virtual CPUs (vCPUs) — powering compute-intensive enterprise workloads
    • 158.83 terabytes of RAM — supporting large-scale, memory-driven applications
    • 849 AI-capable GPUs — enabling real-time machine learning, inference, and analytics

    NexQloud’s DCP Matches Enterprise Data Center Power—Without the Real Estate

    To contextualize the scale of its current infrastructure, NexQloud’s DCP now delivers the performance equivalent of a mid-sized enterprise-grade data center, comprising approximately 70 traditional server racks. The platform can support between 500,000 and 750,000 concurrent users for web-based applications, while simultaneously powering tens of thousands of containerized workloads across its Distributed Kubernetes Service (DKS).

    In addition, NexQloud’s GPU infrastructure can support hundreds of parallel AI inference, training, and rendering tasks, enabling enterprise-scale AI computing at a fraction of typical cost. Remarkably, this level of compute was achieved without building a single data center— and with new devices coming online daily, NexQloud’s DCP will continue to grow in scale and resilience.

    Eliminating Infrastructure Costs, Saving Energy, Reducing Emissions

    If built traditionally, this infrastructure would require an estimated $7.5 million in capital expenditures. NexQloud eliminates these costs entirely by leveraging decentralized ownership and contributor-operated devices, with the potential to deliver:

    • Annual electricity savings: Over 6.94 million kWh, equal to $832,550 in avoided energy costs
    • CO₂ emissions avoided: Approximately 2,895 metric tons per year, equivalent to removing 640 cars from the road
    • Environmental impact: Comparable to planting 133,000 mature trees annually

    “This is more than cloud infrastructure — it’s a major shift in how compute is produced, powered, and rewarded,” added Terrinoni. “With the theoretical ability to add millions of devices, we are poised to do for computing what the internet did for information —decentralize it, distribute it, and redefine it.”

    Pursuing FedRAMP to Unlock Government Cloud Contracts

    Lastly, the company announces its intent to pursue FedRAMP certification to unlock opportunities with U.S. government agencies. As one of the largest consumers of traditional cloud infrastructure, the U.S. government represents a high-value target. NexQloud’s pursuit of FedRAMP is a strategic move to access public sector contracts and expand into one of the most regulated and defensible segments of the cloud market.

    About NexQloud

    NexQloud is redefining cloud infrastructure by combining blockchain, AI, and a global network of energy-efficient NanoServers into a scalable, secure, and environmentally responsible computing platform. Through its NXQ token economy and Distributed Kubernetes Service (DKS), NexQloud offers individuals and enterprises an inclusive alternative to centralized hyperscale providers.

    Media Contact:
    Mauro Terrinoni, CEO
    Email: mterrinoni@nexqloud.io
    Phone: +1 669 241 0916
    Website: www.nexqloud.io

    The MIL Network –

  • MIL-OSI: Unframe Launches Synergy: The AI-Native Command Center for Enterprise IT Ops to Automate and Optimize Existing Tech Stacks

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Unframe announces the launch and general availability of Synergy, the AI-native command center for enterprise IT operations. Purpose-built to help IT teams reduce mean time to resolution (MTTR), eliminate alert fatigue, and boost operational resilience, Synergy layers generative AI across the tools organizations already rely on, including ServiceNow, Splunk, Jira, New Relic, Confluence, and more. Synergy automates manual tasks and enables natural language Q&A to resolve issues more quickly, allowing teams to focus on more strategic initiatives.

    “Synergy turns noise into insight,” says Shay Levi, CEO of Unframe. “IT Ops teams are drowning in alerts, switching between tools, and losing time on manual triage. Synergy uses AI to connect the dots, so they can focus on strategic impact instead of scattered signals.”

    Synergy solves the gap in IT Ops efficiency by integrating with existing platforms to enable unprecedented clarity, speed, and unification. By filtering operational noise to deliver clear actions, Synergy transitions teams to smarter, easier, and more productive IT Ops workflows in days.

    The Urgent Need for AI in IT Ops: Alert Fatigue and Inefficiency

    Synergy’s launch comes as IT Ops emerges as the most impactful enterprise AI use case, according to Unframe’s 2025 Enterprise AI Trends Report. The research highlights that 63% of enterprise leaders cite operational efficiency as a top driver for AI adoption. They want to streamline the complex web of existing tools, without adding or needing to rip-and-replace – 90% cite integration with existing stacks as essential.

    In today’s enterprise tech stacks, IT leaders, managers, and teams face:

    • Tools that collect mountains of data – but don’t talk to each other
    • Dashboards that overload and confuse instead of surfacing insights
    • Manual triaging and root cause analysis that slow down resolutions
    • Upcoming and critical incidents that aren’t noticed until they cause big problems
    • Low visibility into full-stack performance and efficiency

    Every minute of downtime and inefficiency translates to real financial and reputational cost. Yet 48% of enterprise leaders are still held back by budget and ROI concerns, citing high implementation costs as a barrier. That’s where Synergy comes in with the power to understand, not just notify, and deliver real efficiencies immediately after implementation.

    Unify IT Ops with an AI-Native Command Center

    Synergy’s AI-native command center unites the existing IT Ops tech stack with a smart layer of automated management across monitoring, ticketing, logging, and knowledge systems. By streamlining simple tasks, surfacing clear insights, and quickly explaining root causes, Synergy delivers natural language reports and recommends next steps – not just alerts.

    “With Synergy, your team no longer has to dig through 10 tools to understand an incident. It’s like having an AI operations analyst on call 24/7,” says Alissa Gilbert, Solutions Engineer at Unframe.

    Synergy already helps IT teams across industries including financial services, telecom, healthcare, and manufacturing maximize tech stack value and optimization. Smashing silos between tools and teams, Synergy easily integrates the entire stack for connected, explainable, and actionable insights that get smarter with every incident. Synergy’s AI-driven powers include:

    • Real-Time Correlation between every tool to streamline alerts, incidents, runbooks, logs, and knowledge base content across your stack, automatically
    • AI-Powered Root Cause Analysis to quickly analyze patterns, surface similar past incidents, and generate natural language summaries
    • Natural Language Queries: Ask questions about incident reports and RCAs and get accurate answers instantly
    • Proactive Monitoring that surfaces risks and anomalies before they escalate for preventive action, not reactive triage
    • Smart Incident Workflows that don’t just automate, but recommend next steps (e.g., runbook, incident, ticket), while flagging delays or ownership gaps
    • AI-Unified Reporting for a single view into live incidents, system performance, and operational KPIs to meet SLAs consistently

    Synergy’s full-stack coverage comes with Unframe’s complete security and compliance alignment, fully compliant with SOC 2 Type II, ISO 27001, and GDPR and deployable on-prem, in cloud, or hybrid. Outcome-based pricing means enterprises don’t lock in their subscription until they’ve experienced Synergy in action – automating their actual IT Ops environments with immediate impact.

    Synergy solves the urgent need for AI-native streamlining in IT Ops so enterprises can enact faster resolutions, achieve full-stack observability, and focus on strategic impact, not manual efforts.

    AI-Managed IT Ops for Rapid Enterprise Transformation

    Synergy, powered by Unframe, is now generally available to enterprises globally. Following quick custom integration with existing tech stacks, it delivers action and results – transforming IT Ops – just days after implementation.

    Learn more at www.unframe.ai/synergy

    About Unframe

    Unframe is the Managed AI Delivery Platform that delivers AI solutions tailored to your business in days. With Unframe, organizations can turn high-value AI use cases into real outcomes. With its modular building blocks and custom Blueprints, Unframe integrates with entire tech stacks to serve the varied needs of enterprise teams. Unframe is headquartered in Cupertino, California, with a global presence in Tel Aviv and Berlin. Explore Unframe at www.unframe.ai.

    Contact:
    Cassandra Leonard
    press@unframe.ai

    The MIL Network –

  • MIL-OSI: Unframe Launches Synergy: The AI-Native Command Center for Enterprise IT Ops to Automate and Optimize Existing Tech Stacks

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Unframe announces the launch and general availability of Synergy, the AI-native command center for enterprise IT operations. Purpose-built to help IT teams reduce mean time to resolution (MTTR), eliminate alert fatigue, and boost operational resilience, Synergy layers generative AI across the tools organizations already rely on, including ServiceNow, Splunk, Jira, New Relic, Confluence, and more. Synergy automates manual tasks and enables natural language Q&A to resolve issues more quickly, allowing teams to focus on more strategic initiatives.

    “Synergy turns noise into insight,” says Shay Levi, CEO of Unframe. “IT Ops teams are drowning in alerts, switching between tools, and losing time on manual triage. Synergy uses AI to connect the dots, so they can focus on strategic impact instead of scattered signals.”

    Synergy solves the gap in IT Ops efficiency by integrating with existing platforms to enable unprecedented clarity, speed, and unification. By filtering operational noise to deliver clear actions, Synergy transitions teams to smarter, easier, and more productive IT Ops workflows in days.

    The Urgent Need for AI in IT Ops: Alert Fatigue and Inefficiency

    Synergy’s launch comes as IT Ops emerges as the most impactful enterprise AI use case, according to Unframe’s 2025 Enterprise AI Trends Report. The research highlights that 63% of enterprise leaders cite operational efficiency as a top driver for AI adoption. They want to streamline the complex web of existing tools, without adding or needing to rip-and-replace – 90% cite integration with existing stacks as essential.

    In today’s enterprise tech stacks, IT leaders, managers, and teams face:

    • Tools that collect mountains of data – but don’t talk to each other
    • Dashboards that overload and confuse instead of surfacing insights
    • Manual triaging and root cause analysis that slow down resolutions
    • Upcoming and critical incidents that aren’t noticed until they cause big problems
    • Low visibility into full-stack performance and efficiency

    Every minute of downtime and inefficiency translates to real financial and reputational cost. Yet 48% of enterprise leaders are still held back by budget and ROI concerns, citing high implementation costs as a barrier. That’s where Synergy comes in with the power to understand, not just notify, and deliver real efficiencies immediately after implementation.

    Unify IT Ops with an AI-Native Command Center

    Synergy’s AI-native command center unites the existing IT Ops tech stack with a smart layer of automated management across monitoring, ticketing, logging, and knowledge systems. By streamlining simple tasks, surfacing clear insights, and quickly explaining root causes, Synergy delivers natural language reports and recommends next steps – not just alerts.

    “With Synergy, your team no longer has to dig through 10 tools to understand an incident. It’s like having an AI operations analyst on call 24/7,” says Alissa Gilbert, Solutions Engineer at Unframe.

    Synergy already helps IT teams across industries including financial services, telecom, healthcare, and manufacturing maximize tech stack value and optimization. Smashing silos between tools and teams, Synergy easily integrates the entire stack for connected, explainable, and actionable insights that get smarter with every incident. Synergy’s AI-driven powers include:

    • Real-Time Correlation between every tool to streamline alerts, incidents, runbooks, logs, and knowledge base content across your stack, automatically
    • AI-Powered Root Cause Analysis to quickly analyze patterns, surface similar past incidents, and generate natural language summaries
    • Natural Language Queries: Ask questions about incident reports and RCAs and get accurate answers instantly
    • Proactive Monitoring that surfaces risks and anomalies before they escalate for preventive action, not reactive triage
    • Smart Incident Workflows that don’t just automate, but recommend next steps (e.g., runbook, incident, ticket), while flagging delays or ownership gaps
    • AI-Unified Reporting for a single view into live incidents, system performance, and operational KPIs to meet SLAs consistently

    Synergy’s full-stack coverage comes with Unframe’s complete security and compliance alignment, fully compliant with SOC 2 Type II, ISO 27001, and GDPR and deployable on-prem, in cloud, or hybrid. Outcome-based pricing means enterprises don’t lock in their subscription until they’ve experienced Synergy in action – automating their actual IT Ops environments with immediate impact.

    Synergy solves the urgent need for AI-native streamlining in IT Ops so enterprises can enact faster resolutions, achieve full-stack observability, and focus on strategic impact, not manual efforts.

    AI-Managed IT Ops for Rapid Enterprise Transformation

    Synergy, powered by Unframe, is now generally available to enterprises globally. Following quick custom integration with existing tech stacks, it delivers action and results – transforming IT Ops – just days after implementation.

    Learn more at www.unframe.ai/synergy

    About Unframe

    Unframe is the Managed AI Delivery Platform that delivers AI solutions tailored to your business in days. With Unframe, organizations can turn high-value AI use cases into real outcomes. With its modular building blocks and custom Blueprints, Unframe integrates with entire tech stacks to serve the varied needs of enterprise teams. Unframe is headquartered in Cupertino, California, with a global presence in Tel Aviv and Berlin. Explore Unframe at www.unframe.ai.

    Contact:
    Cassandra Leonard
    press@unframe.ai

    The MIL Network –

  • MIL-OSI: Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia’s Earth Observation Satellite Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma’s Technology Partner, has been selected as the successful bidder to lead the Malaysian High-Resolution Earth Observation Satellite Project (MHREOSP) for the Government of Malaysia.

    As a technology partner, Satellogic will design, develop, assemble, integrate and test a state-of-the-art high resolution satellite with active involvement of Malaysian personnel. This newest evolution of Satellogic’s proven platform, is built on the extensive heritage from over 50 NewSat satellites and features key upgrades, including superior National Imagery Interpretability Rating Scales (NIIRS) ratings, larger optics and enhanced sensor design, to deliver 50cm resolution across all spectral bands. Final integration and testing are planned to take place in Malaysia in collaboration with Uzma and local parties to support meaningful homegrown capacity development.

    This collaboration builds on the successful deployment of UzmaSAT-1 and underscores Satellogic’s commitment to delivering agile space solutions to its customers around the world. “Satellogic brings proven satellite technology and a commitment to agile innovation that aligns with our goals and the nation’s space aspirations, supporting the Malaysia Space Exploration 2030 Action Plan,” said Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma Berhad. “With the Government’s guidance, Satellogic’s expertise, and our homegrown talents, we are enabling Malaysia to leap forward in its geospatial intelligence capabilities and supporting the long-term sustainability of our national infrastructure and environment by nurturing local talent through knowledge sharing, technology transfer, and exposure to satellite technology. We look forward to help grow the ecosystem further, guided by the Malaysian Government and its agencies, including Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), MYSA, the Public-Private Partnership Unit (UKAS), and Malaysian Industry-Government Group for High Technology (MIGHT).”

    The selection strengthens Satellogic’s expanding presence in Asia and reinforces its mission to democratize access to state-of-the-art space technology.
    “This partnership harnesses the power of commercial space to strengthen national sovereignty through proprietary space access,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “We’re proud to support Malaysia’s forward-looking vision for space and to work alongside Uzma and GeospatialAI in delivering capabilities that will drive national resilience and innovation”

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.

    Satellogic’s mission is to democratize access to geospatial data through its information platform of high resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.

    With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

    To learn more, please visit: http://www.satellogic.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategic realignment as a U.S. company, and the visibility and high growth opportunities it will provide in connection therewith. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ
    from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development 

    ryan.driver@Satellogic.com

    Media Relations:

    Satellogic

    pr@Satellogic.com

    Uzma Berhad

    communications@uzmagroup.com

    The MIL Network –

  • MIL-OSI: Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia’s Earth Observation Satellite Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma’s Technology Partner, has been selected as the successful bidder to lead the Malaysian High-Resolution Earth Observation Satellite Project (MHREOSP) for the Government of Malaysia.

    As a technology partner, Satellogic will design, develop, assemble, integrate and test a state-of-the-art high resolution satellite with active involvement of Malaysian personnel. This newest evolution of Satellogic’s proven platform, is built on the extensive heritage from over 50 NewSat satellites and features key upgrades, including superior National Imagery Interpretability Rating Scales (NIIRS) ratings, larger optics and enhanced sensor design, to deliver 50cm resolution across all spectral bands. Final integration and testing are planned to take place in Malaysia in collaboration with Uzma and local parties to support meaningful homegrown capacity development.

    This collaboration builds on the successful deployment of UzmaSAT-1 and underscores Satellogic’s commitment to delivering agile space solutions to its customers around the world. “Satellogic brings proven satellite technology and a commitment to agile innovation that aligns with our goals and the nation’s space aspirations, supporting the Malaysia Space Exploration 2030 Action Plan,” said Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma Berhad. “With the Government’s guidance, Satellogic’s expertise, and our homegrown talents, we are enabling Malaysia to leap forward in its geospatial intelligence capabilities and supporting the long-term sustainability of our national infrastructure and environment by nurturing local talent through knowledge sharing, technology transfer, and exposure to satellite technology. We look forward to help grow the ecosystem further, guided by the Malaysian Government and its agencies, including Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), MYSA, the Public-Private Partnership Unit (UKAS), and Malaysian Industry-Government Group for High Technology (MIGHT).”

    The selection strengthens Satellogic’s expanding presence in Asia and reinforces its mission to democratize access to state-of-the-art space technology.
    “This partnership harnesses the power of commercial space to strengthen national sovereignty through proprietary space access,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “We’re proud to support Malaysia’s forward-looking vision for space and to work alongside Uzma and GeospatialAI in delivering capabilities that will drive national resilience and innovation”

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.

    Satellogic’s mission is to democratize access to geospatial data through its information platform of high resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.

    With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

    To learn more, please visit: http://www.satellogic.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategic realignment as a U.S. company, and the visibility and high growth opportunities it will provide in connection therewith. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ
    from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development 

    ryan.driver@Satellogic.com

    Media Relations:

    Satellogic

    pr@Satellogic.com

    Uzma Berhad

    communications@uzmagroup.com

    The MIL Network –

  • MIL-OSI: OvationCXM Honored on FinTech Global’s AIFintech100 List for Revolutionizing Financial Services CX with AI-Powered Orchestration

    Source: GlobeNewswire (MIL-OSI)

    TIBURON, Calif., June 18, 2025 (GLOBE NEWSWIRE) — OvationCXM, a global leader in customer experience management (CXM), today announced its inclusion in FinTech Global’s prestigious 2025 AIFintech100 list. OvationCXM’s innovative application of artificial intelligence within its flagship low-to-no code platform, CXMEngine®, solves the critical industry challenge of fragmented customer journeys across complex financial ecosystems.

    This distinction recognizes OvationCXM’s unique ability to orchestrate seamless, end-to-end customer experiences across siloed teams and external partners by acting as a unified customer experience layer, providing real-time visibility and intelligent guidance of interactions, tasks, and communications. Powered by advanced cloud-native AI and machine learning, the platform delivers predictive journey insights, intelligent agent assistance, and streamlined customer and case management. It extracts CX data housed in disconnected legacy banking systems and surfaces it to everyone, helping the customer. By unlocking transparency for everyone engaged in the journey, it eliminates friction, sets expectations, communicates progress, and elevates the customer experience during chaotic onboarding and support journeys.

    “Being named to the AIFintech100 is a testament to OvationCXM’s relentless pursuit of innovation in customer experience orchestration for financial services,” said Alfred ‘Chip’ Kahn, Founder and CEO at OvationCXM. “We are empowering financial institutions and their partners to work as one team and deliver streamlined, personalized journeys without disruptive rip-and-replace investments. Our platform fast-tracks greater agility and flexibility without massive disruption to systems and teams that serve customers.”

    The CXMEngine® integrates natively with CRMs, ticketing tools, legacy systems, and third-party providers, unifying data and orchestrating action. It includes powerful tools for journey mapping, real-time case collaboration, intelligent automation, and embedded communications. This ensures that customers receive transparent, proactive updates, regardless of the number of parties involved behind the scenes. OvationCXM currently supports over $235 billion in payment volume across its client base, modernizing CX strategies for top financial institutions, fintechs, and payment service providers.

    “This AIFintech100 recognition is incredibly exciting and validates our deep commitment to secure AI-driven innovation,” added Alan Finlay, Head of Product at OvationCXM. “We’re not just applying AI; we’re fundamentally embedding it across the CXMEngine to deliver groundbreaking predictive insights and intelligent assistance. This award fuels our vision for the future, where AI will continue to play an even more transformative role in orchestrating truly seamless and bespoke customer experiences within financial services.”

    FinTech Global’s annual AIFintech100 list showcases the 100 most innovative solution providers making significant contributions to the development of artificial intelligence and machine learning technologies within the financial services sector. Selected by a panel of notable industry experts and analysts, this international ranking recognizes leading organizations that address critical industry challenges and significantly enhance efficiency through technological advancements.

    To learn more about how OvationCXM is leading the customer experience industry through its suite of AI capabilities and journey orchestration, please visit www.ovationcxm.com.

    About OvationCXM
    OvationCXM is the leading AI-infused CXM platform that helps companies achieve higher revenue and lower support costs by orchestrating customer journeys, partner ecosystems and AI to operate more efficiently and effectively. Connect experience and operational customer data to enable shared visibility and collaboration across your ecosystem and improve service governance. Unlock AI-enriched insights using your rich trove of unique customer data for real-time CX impact and eliminate data and visibility silos that block great CX. To learn more, visit www.ovationcxm.com.

    Media Contacts
    Sherri Schwartz
    OvationCXM
    Head of Marketing
    media@ovationcxm.com
    (757) 650-9854

    The MIL Network –

  • MIL-OSI: SunRocket Capital Provides Financing for Golden Gate Capital’s C&I Rooftop Solar Installation in New Jersey

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 18, 2025 (GLOBE NEWSWIRE) — SunRocket Capital, a structured finance partner to solar developers, is pleased to announce the closing of financing with Golden Gate Capital for a rooftop solar installation project in Cherry Hill, New Jersey. The 0.736 MW project is a rooftop solar installation on three commercial offices owned by the sponsor.

    The solar installation is sized to offset 50% of the power consumption across the three properties. The project aligns with New Jersey’s renewable portfolio standard (RPS) that requires electric utility companies within the state to source 50% of their electricity from renewable technologies by 2030.

    Fischel Schlesinger, founder of Golden Gate Capital, remarked on the partnership with SunRocket Capital stating, “The team at SunRocket Capital has proven to be an exceptional financial partner. Their expertise in solar financing and understanding of the New Jersey renewable energy market has been instrumental in bringing this project to fruition as we continue to enhance the sustainability of our commercial properties.”

    Derek Gabriel Sr., Head of Originations at SunRocket Capital, also expressed enthusiasm about the partnership: “Our relationship with Golden Gate Capital represents the type of collaboration we value deeply. We’re committed to supporting property owners like Mr. Schlesinger who are expanding their renewable energy portfolios in the C&I sector. This partnership exemplifies how lenders and property developers can work together to create positive environmental and economic impacts through the promotion of green energy in New Jersey.”

    About SunRocket Capital:

    SunRocket Capital is a leading private lender focused on financing commercial, industrial, and community solar projects. Backed by a seasoned team with deep expertise in solar development and structured finance, SunRocket Capital supports the growth of sustainable energy by serving as a reliable capital partner for developers and EPCs – including serving as a resource for tax equity investments as necessary. The firm’s flagship structured credit product, SolarC2P™, is tailored to support projects at or near Notice to Proceed (NTP), with a seamless transition to term debt upon achieving Commercial Operation Date (COD). This streamlined approach enables developers to retain long-term ownership, efficiently scale operations, and build lasting portfolios.

    For more information please visit: www.sunrocketcapital.com.

    About Golden Gate Capital:

    Golden Gate Capital is a full-service real estate investment firm founded by Fischel Schlesinger. The company manages a diverse portfolio of commercial properties and provides comprehensive services including construction management for value-add projects such as solar development. Mr. Schlesinger has extensive experience in real estate development and investment, with controlling interests in businesses related to real estate field, marketing for affordable housing, and tax credit consulting services.

    For media inquiries, please contact:

    Noah Levine
    Marketing and Communications Officer
    SunRocket Capital
    noah@sunrocketcapital.com

    The MIL Network –

  • MIL-OSI: SunRocket Capital Provides Financing for Golden Gate Capital’s C&I Rooftop Solar Installation in New Jersey

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 18, 2025 (GLOBE NEWSWIRE) — SunRocket Capital, a structured finance partner to solar developers, is pleased to announce the closing of financing with Golden Gate Capital for a rooftop solar installation project in Cherry Hill, New Jersey. The 0.736 MW project is a rooftop solar installation on three commercial offices owned by the sponsor.

    The solar installation is sized to offset 50% of the power consumption across the three properties. The project aligns with New Jersey’s renewable portfolio standard (RPS) that requires electric utility companies within the state to source 50% of their electricity from renewable technologies by 2030.

    Fischel Schlesinger, founder of Golden Gate Capital, remarked on the partnership with SunRocket Capital stating, “The team at SunRocket Capital has proven to be an exceptional financial partner. Their expertise in solar financing and understanding of the New Jersey renewable energy market has been instrumental in bringing this project to fruition as we continue to enhance the sustainability of our commercial properties.”

    Derek Gabriel Sr., Head of Originations at SunRocket Capital, also expressed enthusiasm about the partnership: “Our relationship with Golden Gate Capital represents the type of collaboration we value deeply. We’re committed to supporting property owners like Mr. Schlesinger who are expanding their renewable energy portfolios in the C&I sector. This partnership exemplifies how lenders and property developers can work together to create positive environmental and economic impacts through the promotion of green energy in New Jersey.”

    About SunRocket Capital:

    SunRocket Capital is a leading private lender focused on financing commercial, industrial, and community solar projects. Backed by a seasoned team with deep expertise in solar development and structured finance, SunRocket Capital supports the growth of sustainable energy by serving as a reliable capital partner for developers and EPCs – including serving as a resource for tax equity investments as necessary. The firm’s flagship structured credit product, SolarC2P™, is tailored to support projects at or near Notice to Proceed (NTP), with a seamless transition to term debt upon achieving Commercial Operation Date (COD). This streamlined approach enables developers to retain long-term ownership, efficiently scale operations, and build lasting portfolios.

    For more information please visit: www.sunrocketcapital.com.

    About Golden Gate Capital:

    Golden Gate Capital is a full-service real estate investment firm founded by Fischel Schlesinger. The company manages a diverse portfolio of commercial properties and provides comprehensive services including construction management for value-add projects such as solar development. Mr. Schlesinger has extensive experience in real estate development and investment, with controlling interests in businesses related to real estate field, marketing for affordable housing, and tax credit consulting services.

    For media inquiries, please contact:

    Noah Levine
    Marketing and Communications Officer
    SunRocket Capital
    noah@sunrocketcapital.com

    The MIL Network –

  • MIL-OSI: Valour Launches Four New ETPs on Spotlight Stock Market: Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUT)

    Source: GlobeNewswire (MIL-OSI)

    • Valour Expands Nordic Footprint with Four New Listings: Valour, a subsidiary of DeFi Technologies, has launched SEK-denominated ETPs for Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUt) on Sweden’s Spotlight Stock Market, broadening investor access to diversified digital asset exposure.
    • Exposure to Emerging Protocols and Tokenized Gold: These new ETPs provide regulated access to a range of assets—from tokenized gold to real-world asset protocols—serving growing investor demand for both traditional and next-generation blockchain applications.
    • On Track Toward 100 ETPs by Year-End: With these additions, Valour now offers over 70 digital asset ETPs across leading European exchanges, reinforcing its leadership in the market and accelerating progress toward its goal of 100 ETPs by the end of 2025.

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, “Valour“), a leading issuer of exchange traded products (“ETPs“) has launched four new SEK-denominated ETPs on the Spotlight Stock Market in Sweden:

    • Valour Mantra (OM) SEK ETP – ISIN: CH1108679908
    • Valour Tron (TRX) SEK ETP – ISIN: CH1108679916
    • Valour Stellar (XLM) SEK ETP – ISIN: CH1108679973
    • Valour Tether Gold (XAUt) SEK ETP – ISIN: CH1108679981

    These new listings further broaden Valour’s presence in the Nordics and strengthen its mission to deliver secure, transparent, and regulated access to a diverse range of digital assets through traditional brokerage platforms.

    About the Newly Listed ETPs

    Valour Mantra (OM) ETP
    Mantra is a leading protocol focused on real-world asset tokenization and compliant DeFi infrastructure. As institutional interest in tokenized financial products grows, OM plays a critical role in bridging traditional finance with on-chain applications.

    Valour Tron (TRX) ETP
    Tron is a high-performance, layer-1 blockchain known for its high throughput, low fees, and strong presence in DeFi and entertainment-focused applications. With billions of daily transactions and one of the largest stablecoin networks, Tron remains a top digital asset by market capitalization.

    Valour Stellar (XLM) ETP
    Stellar is a blockchain optimized for global payments and remittances. Its consensus protocol and low-cost transactions make it ideal for cross-border financial infrastructure, particularly in emerging markets and institutional settlement use cases.

    Valour Tether Gold (XAUt) ETP
    Tether Gold (XAUt) is a token backed by physical gold, offering the security of a hard asset with the accessibility of a digital token. The ETP provides investors with exposure to tokenized gold via a regulated, exchange-listed product, appealing to those seeking a hedge against inflation and fiat currency risk.

    Each product can be purchased and sold through standard brokerage platforms, offering streamlined access for both retail and institutional investors. The management fee is 1.9% for OM, TRX, and XLM, while Tether Gold (XAUt) features a fee of 0.45%.

    Executive Commentary

    Johanna Belitz, Head of Nordics at Valour, commented:
    “The launch of these four new products reflects our continued commitment to Nordic investors. We’re seeing increased demand for diversified exposure—not only to large-cap crypto assets but also to gold-backed tokens and emerging protocols like Mantra. With the world’s first ETP on Tether Gold, we’re bridging traditional gold investment with the transparency and efficiency of blockchain. Our goal is to deliver that access in a simple, familiar, and fully regulated format.”

    Elaine Buehler, Head of Products at Valour, added:
    “These new ETPs represent a major leap forward, not only offering access to leading digital assets like Tron and Stellar but also bridging real-world financial systems with next-gen blockchain protocols. What makes them extraordinary is their ability to unlock new markets—Mantra’s tokenized real-world asset focus is revolutionizing compliance in DeFi, while Tether Gold offers a digital-native solution for investors seeking the stability of gold as a hedge against inflation.”

    With these new listings, Valour has now surpassed 70 digital asset ETPs—offering the most comprehensive lineup in Europe—and remains on pace to reach its goal of 100 ETPs by the end of 2025. These products are currently listed on major European exchanges including Spotlight (Sweden), Börse Frankfurt (Germany), and Euronext (Paris and Amsterdam), with continued expansion planned in additional global markets.

    About DeFi Technologies
    DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”). As the first Nasdaq-listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over sixty-five of the world’s most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and DeFi Alpha, the company’s internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional gateway to the future of finance. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/  

    DeFi Technologies Subsidiaries

    About Valour
    Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit valour.com.

    About Reflexivity Research
    Reflexivity Research LLC is a leading research firm specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights. For more information please visit https://www.reflexivityresearch.com/

    About Stillman Digital
    Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com

    About Neuronomics AG
    Neuronomics AG is a Swiss asset management firm specializing in AI-powered quantitative trading strategies. By integrating artificial intelligence, computational neuroscience and quantitative finance, Neuronomics delivers cutting-edge solutions that drive superior risk-adjusted performance in financial markets. For more information please visit https://www.neuronomics.com/

    Cautionary note regarding forward-looking information:
    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of Valour Mantra (OM) ETP, Valour Tron (TRX) ETP, Valour Stellar (XLM) ETP and Valour Tether Gold (XAUt) ETP; the development of the Mantra protocol, Tron blockchain, Stellar blockchain and Tether Gold token; development of additional ETPs and the number of ETPs anticipated by end of 2025; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information, please contact:

    Olivier Roussy Newton
    Chief Executive Officer
    ir@defi.tech
    (323) 537-7681

    The MIL Network –

  • MIL-OSI: Valour Launches Four New ETPs on Spotlight Stock Market: Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUT)

    Source: GlobeNewswire (MIL-OSI)

    • Valour Expands Nordic Footprint with Four New Listings: Valour, a subsidiary of DeFi Technologies, has launched SEK-denominated ETPs for Mantra (OM), Tron (TRX), Stellar (XLM), and Tether Gold (XAUt) on Sweden’s Spotlight Stock Market, broadening investor access to diversified digital asset exposure.
    • Exposure to Emerging Protocols and Tokenized Gold: These new ETPs provide regulated access to a range of assets—from tokenized gold to real-world asset protocols—serving growing investor demand for both traditional and next-generation blockchain applications.
    • On Track Toward 100 ETPs by Year-End: With these additions, Valour now offers over 70 digital asset ETPs across leading European exchanges, reinforcing its leadership in the market and accelerating progress toward its goal of 100 ETPs by the end of 2025.

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, “Valour“), a leading issuer of exchange traded products (“ETPs“) has launched four new SEK-denominated ETPs on the Spotlight Stock Market in Sweden:

    • Valour Mantra (OM) SEK ETP – ISIN: CH1108679908
    • Valour Tron (TRX) SEK ETP – ISIN: CH1108679916
    • Valour Stellar (XLM) SEK ETP – ISIN: CH1108679973
    • Valour Tether Gold (XAUt) SEK ETP – ISIN: CH1108679981

    These new listings further broaden Valour’s presence in the Nordics and strengthen its mission to deliver secure, transparent, and regulated access to a diverse range of digital assets through traditional brokerage platforms.

    About the Newly Listed ETPs

    Valour Mantra (OM) ETP
    Mantra is a leading protocol focused on real-world asset tokenization and compliant DeFi infrastructure. As institutional interest in tokenized financial products grows, OM plays a critical role in bridging traditional finance with on-chain applications.

    Valour Tron (TRX) ETP
    Tron is a high-performance, layer-1 blockchain known for its high throughput, low fees, and strong presence in DeFi and entertainment-focused applications. With billions of daily transactions and one of the largest stablecoin networks, Tron remains a top digital asset by market capitalization.

    Valour Stellar (XLM) ETP
    Stellar is a blockchain optimized for global payments and remittances. Its consensus protocol and low-cost transactions make it ideal for cross-border financial infrastructure, particularly in emerging markets and institutional settlement use cases.

    Valour Tether Gold (XAUt) ETP
    Tether Gold (XAUt) is a token backed by physical gold, offering the security of a hard asset with the accessibility of a digital token. The ETP provides investors with exposure to tokenized gold via a regulated, exchange-listed product, appealing to those seeking a hedge against inflation and fiat currency risk.

    Each product can be purchased and sold through standard brokerage platforms, offering streamlined access for both retail and institutional investors. The management fee is 1.9% for OM, TRX, and XLM, while Tether Gold (XAUt) features a fee of 0.45%.

    Executive Commentary

    Johanna Belitz, Head of Nordics at Valour, commented:
    “The launch of these four new products reflects our continued commitment to Nordic investors. We’re seeing increased demand for diversified exposure—not only to large-cap crypto assets but also to gold-backed tokens and emerging protocols like Mantra. With the world’s first ETP on Tether Gold, we’re bridging traditional gold investment with the transparency and efficiency of blockchain. Our goal is to deliver that access in a simple, familiar, and fully regulated format.”

    Elaine Buehler, Head of Products at Valour, added:
    “These new ETPs represent a major leap forward, not only offering access to leading digital assets like Tron and Stellar but also bridging real-world financial systems with next-gen blockchain protocols. What makes them extraordinary is their ability to unlock new markets—Mantra’s tokenized real-world asset focus is revolutionizing compliance in DeFi, while Tether Gold offers a digital-native solution for investors seeking the stability of gold as a hedge against inflation.”

    With these new listings, Valour has now surpassed 70 digital asset ETPs—offering the most comprehensive lineup in Europe—and remains on pace to reach its goal of 100 ETPs by the end of 2025. These products are currently listed on major European exchanges including Spotlight (Sweden), Börse Frankfurt (Germany), and Euronext (Paris and Amsterdam), with continued expansion planned in additional global markets.

    About DeFi Technologies
    DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”). As the first Nasdaq-listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over sixty-five of the world’s most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and DeFi Alpha, the company’s internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional gateway to the future of finance. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/  

    DeFi Technologies Subsidiaries

    About Valour
    Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit valour.com.

    About Reflexivity Research
    Reflexivity Research LLC is a leading research firm specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights. For more information please visit https://www.reflexivityresearch.com/

    About Stillman Digital
    Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com

    About Neuronomics AG
    Neuronomics AG is a Swiss asset management firm specializing in AI-powered quantitative trading strategies. By integrating artificial intelligence, computational neuroscience and quantitative finance, Neuronomics delivers cutting-edge solutions that drive superior risk-adjusted performance in financial markets. For more information please visit https://www.neuronomics.com/

    Cautionary note regarding forward-looking information:
    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of Valour Mantra (OM) ETP, Valour Tron (TRX) ETP, Valour Stellar (XLM) ETP and Valour Tether Gold (XAUt) ETP; the development of the Mantra protocol, Tron blockchain, Stellar blockchain and Tether Gold token; development of additional ETPs and the number of ETPs anticipated by end of 2025; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information, please contact:

    Olivier Roussy Newton
    Chief Executive Officer
    ir@defi.tech
    (323) 537-7681

    The MIL Network –

  • MIL-OSI: Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”), the firm behind the world’s first spot Bitcoin ETF and Canada’s largest digital asset ETF manager*, is expanding its digital asset suite with the launch of the Purpose XRP ETF, now trading on the TSX under the ticker XRPP. The ETF offers spot exposure to XRP — the native token of the XRP Ledger (XRPL), a decentralized blockchain designed to enable fast, low-cost international payments and financial settlement. The ETF will be available in CAD-hedged (TSX: XRPP), CAD non-hedged (TSX: XRPP.B), and US dollar (TSX: XRPP.U) units.

    A Token Engineered for Impact. A Firm Committed to Access.

    “Canadian investors continue to look for simple, safe, and transparent ways to access the digital asset market, and the XRP ETF has been one of the most requested digital assets in our lineup, thanks to XRP’s design for fast, low-cost global payments,” said Vlad Tasevski, Chief Innovation Officer. “With this launch, we’re not just adding another ETF – we’re expanding a platform built to reshape how Canadians access the future of finance. Our track record in digital assets reflects a deep belief in blockchain’s real-world potential, and we remain focused on trust, access, and education to help investors and advisors navigate this evolving space with clarity and confidence.”

    Designed for Real-World Use and Real Portfolios

    XRP stands out in a crowded digital asset landscape for its real-world use case and growing interest. As demand builds for blockchain solutions that go beyond speculation, the Purpose XRP ETF offers investors a clear, simplified way to gain exposure to an asset based on a network built for scale, speed, and financial infrastructure through a regulated, advisor-ready vehicle.

    Key Benefits

    • Direct Spot Exposure to XRP: Get direct access to XRP, the native asset of the XRP Ledger, purpose-built for fast, low-cost transactions and real-world financial use.
    • CAD-Hedged Option: The only XRP ETF in Canada offering CAD-hedged units, helping investors eliminate U.S. dollar currency risk.
    • Institutional-Grade Structure: Securely held in cold storage with trusted custodians, Gemini and Coinbase, and supported by Purpose’s experience operating regulated crypto funds.
    • Registered Accounts Eligible: Hold XRP in TFSAs, RRSPs, and other registered accounts without managing wallets, keys, or crypto exchanges.

    “The Purpose XRP ETF is a streamlined, advisor-ready solution that transforms XRP’s real-world utility into a secure, investable format,” said Paul Pincente, VP of Digital Assets at Purpose Investments. “We designed this ETF to remove the operational hurdles of managing crypto directly, offering investors access to XRP through a regulated ETF structure with institutional-grade custody. It’s built for portfolios, backed by experience, and engineered to meet the growing demand for practical blockchain exposure.”

    From Bitcoin to XRP: An ETF Platform Built for the Future of Digital Investing

    Purpose offers the most expansive and diverse suite of digital asset ETFs in Canada — built to meet the needs of today’s investors, whether they’re tactically allocating, seeking long-term exposure, or generating income from crypto assets.

    The Purpose Digital Asset lineup includes:

    • Purpose Bitcoin ETF (BTCC) and Purpose Ether ETF (ETHH): High-liquidity ETFs offering direct access to Bitcoin and Ether, with premium features tailored for investors and institutional users.
    • Purpose Core Bitcoin ETF (BTCO) and Purpose Core Ether ETF (ETHO): Low-fee, simplified Bitcoin and Ether ETFs designed for long-term buy-and-hold investors.  
    • Purpose Bitcoin Yield ETF (BTCY) and Purpose Ether Yield ETF (ETHY): Yield-focused strategies using covered calls to help investors earn from their crypto exposure.
    • Purpose Ether Staking Corp. ETF (ETHC.B): A regulated solution for accessing Ethereum’s proof-of-stake rewards through Purpose’s in-house infrastructure.
    • Purpose Solana ETF (SOLL): Exposure to one of the fastest-growing ecosystems in crypto, with staking built in and institutional-grade custody.
    • Purpose XRP ETF (XRPP): Direct access to XRP, the native asset of the XRP Ledger, designed for fast, low-cost global payments — with CAD-hedged units and institutional-grade custody.

    By redefining what digital asset investing looks like, Purpose is making it easier, safer, and smarter for investors to participate in a rapidly evolving space. As blockchain technology reshapes global finance, Purpose remains committed to bridging the gap between traditional investing and the decentralized future.

    About Purpose Investments

    Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.

    For further information, please email us at info@purposeinvest.com.

    Media inquiries:
    Keera Hart
    keera.hart@kaiserpartners.com
    905-580-1257

    *By digital asset ETFs under management as of April 24, 2025.

    The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. The information contained in this document is believed to be accurate and reliable; however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice.

    Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the Prospectus may be obtained from purposeinvest.com. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you.

    Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”), the firm behind the world’s first spot Bitcoin ETF and Canada’s largest digital asset ETF manager*, is expanding its digital asset suite with the launch of the Purpose XRP ETF, now trading on the TSX under the ticker XRPP. The ETF offers spot exposure to XRP — the native token of the XRP Ledger (XRPL), a decentralized blockchain designed to enable fast, low-cost international payments and financial settlement. The ETF will be available in CAD-hedged (TSX: XRPP), CAD non-hedged (TSX: XRPP.B), and US dollar (TSX: XRPP.U) units.

    A Token Engineered for Impact. A Firm Committed to Access.

    “Canadian investors continue to look for simple, safe, and transparent ways to access the digital asset market, and the XRP ETF has been one of the most requested digital assets in our lineup, thanks to XRP’s design for fast, low-cost global payments,” said Vlad Tasevski, Chief Innovation Officer. “With this launch, we’re not just adding another ETF – we’re expanding a platform built to reshape how Canadians access the future of finance. Our track record in digital assets reflects a deep belief in blockchain’s real-world potential, and we remain focused on trust, access, and education to help investors and advisors navigate this evolving space with clarity and confidence.”

    Designed for Real-World Use and Real Portfolios

    XRP stands out in a crowded digital asset landscape for its real-world use case and growing interest. As demand builds for blockchain solutions that go beyond speculation, the Purpose XRP ETF offers investors a clear, simplified way to gain exposure to an asset based on a network built for scale, speed, and financial infrastructure through a regulated, advisor-ready vehicle.

    Key Benefits

    • Direct Spot Exposure to XRP: Get direct access to XRP, the native asset of the XRP Ledger, purpose-built for fast, low-cost transactions and real-world financial use.
    • CAD-Hedged Option: The only XRP ETF in Canada offering CAD-hedged units, helping investors eliminate U.S. dollar currency risk.
    • Institutional-Grade Structure: Securely held in cold storage with trusted custodians, Gemini and Coinbase, and supported by Purpose’s experience operating regulated crypto funds.
    • Registered Accounts Eligible: Hold XRP in TFSAs, RRSPs, and other registered accounts without managing wallets, keys, or crypto exchanges.

    “The Purpose XRP ETF is a streamlined, advisor-ready solution that transforms XRP’s real-world utility into a secure, investable format,” said Paul Pincente, VP of Digital Assets at Purpose Investments. “We designed this ETF to remove the operational hurdles of managing crypto directly, offering investors access to XRP through a regulated ETF structure with institutional-grade custody. It’s built for portfolios, backed by experience, and engineered to meet the growing demand for practical blockchain exposure.”

    From Bitcoin to XRP: An ETF Platform Built for the Future of Digital Investing

    Purpose offers the most expansive and diverse suite of digital asset ETFs in Canada — built to meet the needs of today’s investors, whether they’re tactically allocating, seeking long-term exposure, or generating income from crypto assets.

    The Purpose Digital Asset lineup includes:

    • Purpose Bitcoin ETF (BTCC) and Purpose Ether ETF (ETHH): High-liquidity ETFs offering direct access to Bitcoin and Ether, with premium features tailored for investors and institutional users.
    • Purpose Core Bitcoin ETF (BTCO) and Purpose Core Ether ETF (ETHO): Low-fee, simplified Bitcoin and Ether ETFs designed for long-term buy-and-hold investors.  
    • Purpose Bitcoin Yield ETF (BTCY) and Purpose Ether Yield ETF (ETHY): Yield-focused strategies using covered calls to help investors earn from their crypto exposure.
    • Purpose Ether Staking Corp. ETF (ETHC.B): A regulated solution for accessing Ethereum’s proof-of-stake rewards through Purpose’s in-house infrastructure.
    • Purpose Solana ETF (SOLL): Exposure to one of the fastest-growing ecosystems in crypto, with staking built in and institutional-grade custody.
    • Purpose XRP ETF (XRPP): Direct access to XRP, the native asset of the XRP Ledger, designed for fast, low-cost global payments — with CAD-hedged units and institutional-grade custody.

    By redefining what digital asset investing looks like, Purpose is making it easier, safer, and smarter for investors to participate in a rapidly evolving space. As blockchain technology reshapes global finance, Purpose remains committed to bridging the gap between traditional investing and the decentralized future.

    About Purpose Investments

    Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.

    For further information, please email us at info@purposeinvest.com.

    Media inquiries:
    Keera Hart
    keera.hart@kaiserpartners.com
    905-580-1257

    *By digital asset ETFs under management as of April 24, 2025.

    The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. The information contained in this document is believed to be accurate and reliable; however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice.

    Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the Prospectus may be obtained from purposeinvest.com. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you.

    Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: IT Teams are Losing Visibility as Tech Cost Pressures Mount, According to Flexera 2025 State of ITAM Report

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., June 18, 2025 (GLOBE NEWSWIRE) — Flexera, the global leader in technology spend and risk management, today released the Flexera 2025 State of ITAM Report, which reveals a concerning decline in complete visibility across the technology stack – down to 43% from 47% year-over-year. Yet, as pressure mounts to optimize costs, the collaboration of IT asset management (ITAM) with cloud (44%) and FinOps (38%) teams is on the rise, suggesting that ITAM teams are increasingly working across organizational silos to address comprehensive visibility challenges, increase financial accountability and drive operational efficiency.

    Flexera’s annual report surveys global IT professionals to explore how the evolution of ITAM, FinOps, security, software asset management (SAM) and hardware asset management (HAM) teams influences the value they deliver. It also examines IT investment trends across public, hybrid, and SaaS technologies.

    “Complete visibility across IT assets is foundational to every good technology decision,” said Becky Trevino, Chief Product Officer at Flexera. “The fact that it’s slipping at a time when organizations are under intense pressure to rationalize costs is a real concern. You can’t optimize what you can’t see and without clear insight into the entire technology stack, it’s nearly impossible to eliminate waste, ensure compliance, or make cost-effective investment decisions. This year’s report showcases why the collaboration between ITAM and FinOps is no longer optional—it’s a strategic imperative.”

    Highlights from the latest Flexera State of ITAM Report include:

    • Minimizing SaaS sprawl is an increasing imperative: Thirty-five percent of respondents say SaaS waste has increased over the past year, suggesting that the financial impact of underutilized SaaS subscriptions is taking a toll on budgets. In addition, SAM professionals are doubling down on SaaS oversight, with 59% actively tracking usage and 56% rightsizing contracts and subscriptions to eliminate unnecessary spend.  
    • Software use rights take the spotlight: The report also highlights a dramatic rise in the challenge of managing software use rights—now ranked as the number one concern for SAM teams, up from sixth place just a year ago. This surge is largely attributed to the growing complexity of cloud-based licensing models and the rapid migration of enterprise resources to cloud environments.
    • Audits still plague organizations (and their bottom line): Nearly half (45%) of surveyed organizations report spending over $1 million on software audits over the past three years, a figure one percentage point less than 2024. Twenty-three percent of organizations spent more than $5 million on audits in 2025, a slight increase from 2024. The findings suggest that the intricacies of software use rights and the continued shift to the cloud are keeping audit defense high on the agenda of IT teams.
    • Microsoft continues audit streak: Half of respondents said Microsoft audited their organization in the past three years. The tech giant has remained at the top of this list for the past several reports, followed closely by IBM (37%). There was a slight increase in audits reported from SAP (32%) and ServiceNow (21%) compared to last year’s findings. Adobe (24%) remained unchanged, but Oracle decreased from 31% to 24% and Salesforce dropped from 25% to 20% year over year.

    This year’s findings underscore the urgent need for smarter, more agile SAM strategies as organizations strive to balance innovation with fiscal responsibility.

    “The role of ITAM is shifting from operational to transformational,” said Phil Perfetti, senior product marketing manager at Flexera. “While visibility into cloud licenses is gradually improving, the complexity of managing hybrid IT environments is also increasing, and any serious blind spots are a problem that modern organizations can no longer afford.”

    The full survey results are available in the Flexera 2025 State of ITAM Report, which explores the thinking of 506 global IT professionals across industries and context areas.

    To download the full report, please visit: http://www.flexera.com/stateofitam

    Follow Flexera

    About Flexera

    Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.

    For more information, contact:

    Ciri Haugh
    Flexera
    publicrelations@flexera.com

    The MIL Network –

  • MIL-OSI: IT Teams are Losing Visibility as Tech Cost Pressures Mount, According to Flexera 2025 State of ITAM Report

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill., June 18, 2025 (GLOBE NEWSWIRE) — Flexera, the global leader in technology spend and risk management, today released the Flexera 2025 State of ITAM Report, which reveals a concerning decline in complete visibility across the technology stack – down to 43% from 47% year-over-year. Yet, as pressure mounts to optimize costs, the collaboration of IT asset management (ITAM) with cloud (44%) and FinOps (38%) teams is on the rise, suggesting that ITAM teams are increasingly working across organizational silos to address comprehensive visibility challenges, increase financial accountability and drive operational efficiency.

    Flexera’s annual report surveys global IT professionals to explore how the evolution of ITAM, FinOps, security, software asset management (SAM) and hardware asset management (HAM) teams influences the value they deliver. It also examines IT investment trends across public, hybrid, and SaaS technologies.

    “Complete visibility across IT assets is foundational to every good technology decision,” said Becky Trevino, Chief Product Officer at Flexera. “The fact that it’s slipping at a time when organizations are under intense pressure to rationalize costs is a real concern. You can’t optimize what you can’t see and without clear insight into the entire technology stack, it’s nearly impossible to eliminate waste, ensure compliance, or make cost-effective investment decisions. This year’s report showcases why the collaboration between ITAM and FinOps is no longer optional—it’s a strategic imperative.”

    Highlights from the latest Flexera State of ITAM Report include:

    • Minimizing SaaS sprawl is an increasing imperative: Thirty-five percent of respondents say SaaS waste has increased over the past year, suggesting that the financial impact of underutilized SaaS subscriptions is taking a toll on budgets. In addition, SAM professionals are doubling down on SaaS oversight, with 59% actively tracking usage and 56% rightsizing contracts and subscriptions to eliminate unnecessary spend.  
    • Software use rights take the spotlight: The report also highlights a dramatic rise in the challenge of managing software use rights—now ranked as the number one concern for SAM teams, up from sixth place just a year ago. This surge is largely attributed to the growing complexity of cloud-based licensing models and the rapid migration of enterprise resources to cloud environments.
    • Audits still plague organizations (and their bottom line): Nearly half (45%) of surveyed organizations report spending over $1 million on software audits over the past three years, a figure one percentage point less than 2024. Twenty-three percent of organizations spent more than $5 million on audits in 2025, a slight increase from 2024. The findings suggest that the intricacies of software use rights and the continued shift to the cloud are keeping audit defense high on the agenda of IT teams.
    • Microsoft continues audit streak: Half of respondents said Microsoft audited their organization in the past three years. The tech giant has remained at the top of this list for the past several reports, followed closely by IBM (37%). There was a slight increase in audits reported from SAP (32%) and ServiceNow (21%) compared to last year’s findings. Adobe (24%) remained unchanged, but Oracle decreased from 31% to 24% and Salesforce dropped from 25% to 20% year over year.

    This year’s findings underscore the urgent need for smarter, more agile SAM strategies as organizations strive to balance innovation with fiscal responsibility.

    “The role of ITAM is shifting from operational to transformational,” said Phil Perfetti, senior product marketing manager at Flexera. “While visibility into cloud licenses is gradually improving, the complexity of managing hybrid IT environments is also increasing, and any serious blind spots are a problem that modern organizations can no longer afford.”

    The full survey results are available in the Flexera 2025 State of ITAM Report, which explores the thinking of 506 global IT professionals across industries and context areas.

    To download the full report, please visit: http://www.flexera.com/stateofitam

    Follow Flexera

    About Flexera

    Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.

    For more information, contact:

    Ciri Haugh
    Flexera
    publicrelations@flexera.com

    The MIL Network –

  • MIL-OSI: Esker Expands European Field Presence with New Office in Ghent, Belgium

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Esker Expands European Field Presence with New Office in Ghent, Belgium

    LYON, France, and MIDDLETON, Wis. — June 18, 2025 — Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, is proud to announce the opening of its new office in Ghent, Belgium, further strengthening its presence in the Benelux region (Belgium, the Netherlands and Luxembourg).

    The new Ghent office will enable Esker to better serve its growing customer base in a region known for its economic vitality and innovation, particularly in the industrial and biotechnology sectors.

    Esker already supports several major customers in the Benelux region, including Abbott, Atlas Copco, Greenyard, Heineken and Ineos, and maintains a strong partnership with KPMG in the Netherlands. The new Ghent office enables Esker to be even closer to these customers and provide more localized support.

    Adelin Odent, who has led Esker’s operations in the Benelux region for over a decade, has been appointed Managing Director for Esker Benelux.

    “I’m thrilled to lead Esker’s expansion in this strategically important region,” said Odent. “Opening our office in Ghent brings us closer to our customers and partners, and allows us to better support their digital transformation journeys. We’re also looking to scale up the workforce in the region and attract top local talent to drive our continued success.”

    About Esker

    Esker is the global authority in AI-powered business solutions for the Office of the CFO. Leveraging the latest in automation technologies, Esker’s Source-to-Pay and Order-to-Cash solutions optimize working capital and cashflow, enhance decision-making, and drive better collaboration and human-to-human relationships with customers, suppliers and employees. Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. For more information on Esker and its solutions, visit www.esker.com. Follow Esker on LinkedIn and join the conversation.

    Attachment

    The MIL Network –

  • MIL-OSI: Esker Expands European Field Presence with New Office in Ghent, Belgium

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Esker Expands European Field Presence with New Office in Ghent, Belgium

    LYON, France, and MIDDLETON, Wis. — June 18, 2025 — Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, is proud to announce the opening of its new office in Ghent, Belgium, further strengthening its presence in the Benelux region (Belgium, the Netherlands and Luxembourg).

    The new Ghent office will enable Esker to better serve its growing customer base in a region known for its economic vitality and innovation, particularly in the industrial and biotechnology sectors.

    Esker already supports several major customers in the Benelux region, including Abbott, Atlas Copco, Greenyard, Heineken and Ineos, and maintains a strong partnership with KPMG in the Netherlands. The new Ghent office enables Esker to be even closer to these customers and provide more localized support.

    Adelin Odent, who has led Esker’s operations in the Benelux region for over a decade, has been appointed Managing Director for Esker Benelux.

    “I’m thrilled to lead Esker’s expansion in this strategically important region,” said Odent. “Opening our office in Ghent brings us closer to our customers and partners, and allows us to better support their digital transformation journeys. We’re also looking to scale up the workforce in the region and attract top local talent to drive our continued success.”

    About Esker

    Esker is the global authority in AI-powered business solutions for the Office of the CFO. Leveraging the latest in automation technologies, Esker’s Source-to-Pay and Order-to-Cash solutions optimize working capital and cashflow, enhance decision-making, and drive better collaboration and human-to-human relationships with customers, suppliers and employees. Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. For more information on Esker and its solutions, visit www.esker.com. Follow Esker on LinkedIn and join the conversation.

    Attachment

    The MIL Network –

  • MIL-OSI: OTSAW Announces Public Filing of Registration Statement for Proposed Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) — Otsaw Limited (“OTSAW” the “Company”, “we”, “our”) today announced the Company publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial public offering of its class A ordinary shares (the “Proposed Offering”). OTSAW has applied to list its class A ordinary shares on the Nasdaq Capital Market under the ticker symbol, “OTSA.” The Company has not yet disclosed the price range or the number of securities to be offered in the Proposed Offering at this time. The Proposed Offering is subject to market conditions, and there can be no assurance as to whether or when the Proposed Offering may be completed, or as to the actual size or other terms of the Proposed Offering.

    As of the date of this announcement, Aegis Capital Corp. is acting as the sole bookrunner for the Proposed Offering and CMD Global is acting as a financial advisor to the Company. The Proposed Offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this Proposed Offering, when available, may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the preliminary prospectus, when available, may be obtained from: Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010. The Registration Statement relating to the Proposed Offering has been filed with the SEC but has not yet become effective. The securities being offered by the Company in the Proposed Offering may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The Proposed Offering is subject to market and other conditions and the completion of the SEC’s review process.

    About OTSAW

    We are a Singapore-based company specializing in autonomous mobile robots (“AMRs”) and robotics solutions, with cutting-edge robotics software development and manufacturing capabilities. Founded in 2015, we are an innovator in advanced robotics autonomy technologies and next-generation artificial intelligence (“AI”). Our mission is to disrupt, revolutionize, and redefine the global facilities management industry with our AI-enabled AMRs and robotics solutions across security, disinfection, last-mile delivery, and healthcare facilities.

    Leveraging our core software technologies, robot and machine outdoor autonomy expertise, and AI-enabled AMRs, our products empower customers to enhance productivity, reduce reliance on human capital, and seamlessly integrate automation into their facilities management operations. By addressing labor shortages, rising wages, and labor cost challenges, we aim to empower the entire facilities management industry globally.

    Forward-Looking Statements

    The statements contained in this press release that are not historical facts, including statements relating to Otsaw Limited’s expectations regarding the commencement and completion of its proposed public offering and listing, are forward-looking statements. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates,” or similar expressions which concern our strategy, plans, or intentions. By their nature, forward-looking statements are not statements of historical fact or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. Our expectations and beliefs are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations and beliefs will result or be achieved, and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. Any forward-looking statement in this press release speaks only as of the date of this release. Otsaw Limited undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

    Contact:
    Jules Abraham
    CORE IR
    +1 (212) 655-0924

    The MIL Network –