NewzIntel.com

Category: Economy

  • MIL-OSI: Ethical Web AI Hits Major Milestones in 2025 Growth Strategy

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) — Bubblr Inc., operating as Ethical Web AI (OTC: BBLR), a leader in secure, enterprise-grade generative AI, today announced a major achievement in executing its 2025 strategic roadmap. The company has successfully onboarded its first AI Vault SaaS client via the Amazon Web Services (AWS) Marketplace.

    AI Vault Lands First Client via AWS Marketplace
    Following its recent debut on the AWS Marketplace, Ethical Web AI’s flagship product, AI Vault, has secured its first enterprise customer. AI Vault is built to tackle the critical challenges enterprises face in adopting generative AI—specifically transparency, security, and regulatory compliance. Backed by multiple USPTO patents, the platform empowers organizations with complete control over AI usage and data protection.

    Steve Morris, CEO and Founder of Ethical Web AI, remarked: “This first enterprise customer win through AWS Marketplace validates the pressing need for trustworthy, enterprise-ready generative AI. It’s also an important step in fulfilling our obligations as an AWS Software Partner. Our goal is to secure five enterprise customers via AWS Marketplace by month-end, and this early traction gives us strong confidence in that path. We are beginning slowly but our target is 10% of the enterprise generative AI market within three years.”

    IP-Led Product Strategy Driving Innovation
    Ethical Web AI’s product philosophy is built on a core principle: no software is developed unless its core capabilities can be patented. Each product solves a fundamental flaw in existing technologies and is defensible by design.

    “We build only what we can legally protect,” Morris emphasized. “Our IP strategy isn’t just a layer of protection—it’s the engine behind our long-term roadmap. We invite all stakeholders to explore our patents, which define and secure our competitive edge.”

    Patents and Intellectual Property Protection
    A growing portfolio of defensible intellectual property underpins Ethical Web AI’s product strategy. All product development is based on securing USPTO patents that protect the unique functionality of each offering.

    Patent Portfolio Highlights:

    • US Patent 10,977,387 – Internet-Based Search Mechanism
      This foundational patent supports the Ethical Web AI Open-Source Platform and includes 16 enforceable claims, notably anonymous search and asynchronous search results. The patent was independently valued at $4.7 billion in August 2022 by Valuation Consulting (Dr. Fernando Da Cruz Vallencellos), based on a scenario where a global technology company acquired the patent and associated software. This valuation is expected to reduce slightly over time, as the patent term expires in March 2045, reflecting the 25-year legal protection horizon.
    • US Patent Application 17/980298 – Contextual Enveloping via Dynamically Generated Hypertext Links
      Enhances conversational search through dynamically embedded links and multimedia in HTML output. Expected to be granted in Q2 2025.
    • US Patent Application 18/376,101 – Computer-Implemented Method and System
      Enables the inclusion of real-time, contemporaneous data in generative AI prompts using external API calls. Improves answer completeness without heavy computing demands.
    • US Patent Application 19/055,968 – Sensitive Data Processing in Generative AI
      Powers AI Vault’s ability to detect and redact sensitive, implicit, or contextual terms prior to submitting prompts to generative AI models—ensuring enterprise data protection

    These patents form a strong legal moat for Ethical Web AI’s core technologies. Each product is tied directly to specific enforceable claims, offering comprehensive protection against replication by third parties—even if only a portion of the functionality is copied.

    AI Vault: Built for the 27% Who Say ‘No’ to Generative AI
    AI Vault is tailored for the 27% of companies that currently ban generative AI due to concerns over privacy, security, and regulatory exposure. These include large financial institutions and global enterprises where safeguarding sensitive information is non-negotiable.

    • AI Vault provides:
    • A secure, private generative AI environment
    • Full enterprise control and transparency
    • Protection of sensitive data through patented redaction processes
    • Zero access to client data by Ethical Web AI or third-party providers

    Watch the explainer video to see how AI Vault works: https://ethicalweb.ai/ai-vault-explainer-video/.

    Looking Ahead: Focus on Profitability and Strategic Options
    As part of its 2025 strategy, Ethical Web AI’s primary objectives are to be cash generative within twelve months and we have ambitions for an uplist to a superior exchange such as NASDAQ. The company also continues to explore potential acquisition interest, bolstered by its robust IP position and expanding commercial traction.

    “We’re executing against a clear vision—secure enterprise AI powered by defensible innovation,” said Morris. “Whether through IPO, acquisition, or organic growth, our priority is to scale responsibly while delivering unmatched value to our customers and shareholders.”

    About Ethical Web AI
    Ethical Web AI (OTC: BBLR) develops patented generative AI solutions for enterprises that demand transparency, security, and compliance. Its flagship products include AI Vault and the Ethical Web AI Open-Source Platform, both built to exceed the highest data protection standards.

    Learn more at: www.ethicalweb.ai

    Safe Harbor Statement
    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management. They are subject to several uncertainties and risks that could significantly affect the Company’s current plans and expectations, future operations, and financial condition. The Company reserves the right to update or alter its forward-looking statements, whether due to new information, future events or otherwise.

    Media and investor contact: steve.morris@ethicalweb.ai

    The MIL Network –

  • MIL-OSI: Trident Announces up to $500 Million Financing Plan for XRP Treasury and appoints Chaince Securities LLC as the strategic advisor

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Company,” NASDAQ: TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, today announced an initiative to raise up to $500 million to establish one of the world’s first large-scale corporate XRP Treasuries and appoints Chaince Securities LLC as the strategic advisor. This strategic move positions Trident at the forefront of integrating decentralized financial assets into treasury and capital management practices, marking a significant milestone in the evolution of blockchain-native financial infrastructure.

    The initiative will focus on the acquisition of XRP tokens as long-term strategic reserves, the deployment of staking mechanisms to generate yield, and deep engagement within the Ripple ecosystem. Trident will collaborate with select infrastructure and application projects, further strengthening its commitment to the advancement of decentralized finance.

    To support this initiative, Trident will raise capital through a mix of equity issuance, strategic placements, and structured financing instruments. The Company is currently in discussions with leading crypto foundations and institutional partners to secure favorable token acquisition terms and robust on-chain infrastructure.

    The initial rollout of the XRP Treasury is planned for the second half of 2025, subject to regulatory compliance and prevailing market conditions. Trident will provide ongoing updates on deployment milestones, governance frameworks, and reporting standards, in full alignment with public company disclosure practices.

    Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident, stated, “As a public company, our commitment to transparency, strong governance, and strategic foresight guides every decision we make. We see digital assets as key enablers in the evolution of the global financial landscape. This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer. Through this initiative, Trident aims to demonstrate how public companies can thoughtfully and responsibly participate in the ongoing development of decentralized finance.”

    About Trident
    Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide, based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients’ experience with their end-users by promoting digital adoption and self-service.

    Tridentity, the Company’s flagship product, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape, with a strong focus on Southern Africa and other key developing markets.

    Beyond Tridentity, the Company’s mission is to become the global leader in Web 3.0 activation, notably connecting businesses to a reliable and secure technological platform, with tailored and optimized customer experiences.

    Safe Harbor Statement
    This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For Investor/Media Enquiries
    Investor Relations
    Robin Yang, Partner
    ICR, LLC
    Email: investor@tridentity.me
    Phone: +1 (212) 321-0602

    The MIL Network –

  • MIL-OSI: Drone Industry Applauds AUVSI Advancing U.S. Leadership in Drones Operations Putting Spotlight on Drone Stocks

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 12, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Association for Uncrewed Vehicle Systems International (AUVSI) applauded executive orders advancing U.S. leadership in drones on what they called an historic day for advanced aviation. AUVSI represents leaders from more than 60 countries across industry, government, and academia in the defense, civil and commercial sectors. AUVSI has long advocated for many of these reforms through active engagement with the White House, public comments, Congressional testimony, and federal agency engagement. An outpouring of support from AUVSI member companies highlights the strong industry consensus on the Executive Orders and their significance for the future of autonomous aviation. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Unusual Machines, Inc. (NYSE American: UMAC), AeroVironment, Inc. (NASDAQ: AVAV), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), RTX Corporation (NYSE: RTX).

    Example of the key provisions of the AUVSI executive orders include: BVLOS Expansion and Drone Integration Acceleration: Directs the FAA to enable routine Beyond Visual Line of Sight (BVLOS) drone operations for commercial and public safety missions, and to accelerate development, testing, and scaling of U.S. drone technologies, including advanced air mobility and autonomous systems. — Updated UAS Integration Roadmap: Calls for the FAA to publish a revised roadmap for the integration of civil UAS into the National Airspace System, reflecting updated capabilities and timelines. — Domestic Drone Industrial Base Strengthening: Prioritizes U.S.-manufactured UAS in federal procurement, promotes their export, and takes steps to protect critical drone technologies from foreign exploitation. — Supporting the Warfighter and Airspace Access: Improves access to high-performance, U.S.-made drones for military use and streamlines airspace and spectrum access to better support national security missions. — Detection and Tracking Authorities & Grants: Authorizes federal agencies to use existing legal authorities to detect, track, and identify drones and drone signals; and allows state, local, tribal, and territorial (SLTT) agencies to access grant programs for related detection technologies.

    ZenaTech (NASDAQ:ZENA) ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces its subsidiary ZenaDrone’s intent to file a patent and accelerate the deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology, to be mounted on the company’s flagship ZenaDrone 1000 drone platform in response to a new executive order policy directive. Counter-UAS technology refers to tools or systems that can detect, track, or mitigate unauthorized or dangerous drones to protect people, property, and airspace.

    ZenaDrone’s technology for this was originally designed last year but was placed on hold as the company prioritized other commercial and defense applications. However, the recent policy directive on Counter-UAS contained in the June 6th, 2025, White House Executive Order, ‘Restoring American Airspace Sovereignty’, has clarified the urgency and importance of bringing effective drone defense solutions to market. In response, ZenaDrone is accelerating development and commercialization efforts to meet growing domestic and international demand.

    “We developed our Counter-UAS system with future threats in mind, and the Executive Order has made it clear that the time to act is now,” said Dr. Shaun Passley, CEO of ZenaTech. “Integrating this technology into the ZenaDrone 1000 positions us to meet urgent security needs with a smart, autonomous aerial defense platform and be seen as a provider of safe, trusted, and mission-ready solutions.”

    The company will immediately expand its engineering and defense teams to fast-track R&D, testing, and deployment. The enhanced ZenaDrone 1000 will feature real-time threat detection and neutralization capabilities, making it a viable solution for military, homeland security, and critical infrastructure protection operations.

    The recent executive order, one of two historic policy directives announced on June 6th, 2025, provides a boost to US drone companies by driving demand for counter-UAS technologies, setting needed federal standards for secure airspace integration, and prioritizing US-made systems over foreign alternatives.

    The ZenaDrone 1000 is an AI multifunction autonomous drone that is a 12X7-foot rotary-wing octocopter design—built for commercial applications including surveillance, inspection and precision agriculture, as well as for defense. It features a patented foldable-wing design, can carry up to a 40 kg or 88 lbs of payload, and can fly for up to an hour before recharging on its docking station. It can be equipped with a variety of thermal imaging, LiDAR, or multispectral sensors to enable real-time ISR (intelligence, surveillance, and reconnaissance), border patrol, and other defense applications.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Unusual Machines, Inc. (NYSE American: UMAC), a U.S.-based manufacturer of drones and NDAA-compliant components, recently announced it has signed a lease for a 17,000-square-foot drone motor production facility in Orlando, Florida. The factory will significantly expand the company’s domestic manufacturing capabilities. Motor deliveries from this facility are scheduled to begin in September 2025.

    The facility is designed to support the production of high-performance brushless motors for First-Person View (FPV) and commercial drones. Initially, it will focus on three core motor sizes: 2207, 2807, and 3220. In-house winding capabilities will support both standard and custom KV ratings and hybrid workcells will allow for both high-volume and small-batch production. The space is located near the company’s existing headquarters and is an expansion of Unusual Machines’ Orlando campus. The proximity to Rotor Riot’s technical team and pilot community allows for rapid product feedback and alignment with end-user needs. The production system is designed to eventual scale to monthly production volumes exceeding 50,000 motors.

    AeroVironment, Inc. (NASDAQ: AVAV) recently announced that it will report its financial results for the fourth quarter and full fiscal year 2025, which ended April 30, 2025, after the market closes on Tuesday, June 24, 2025. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, AV’s chairman, president, and chief executive officer; Kevin P. McDonnell, executive vice president and chief financial officer; and Denise Pacioni, director, investor relations.

    Investors may access the conference call by registering through the following link up to 10 minutes before the event begins:

    Conference Call Details:

    Date: June 24, 2025

    Time: 4:30 p.m. ET | 1:30 p.m. PT | 2:30 p.m. MT | 3:30 p.m. CT

    Participant registration URL: https://register-conf.media-server.com/register/BI7c8f067ba6664132925fef2e6130428b

    Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in defense, national security and global markets, announced recently that it was awarded a task order under the Command and Control System-Consolidated (CCS-C) Sustainment and Resiliency (C-SAR) contract with the U.S. Space Force (USSF) Space Systems Command (SSC) to support ground system capabilities for Evolved Strategic Satellite Communications (SATCOM) (ESS). The ESS system will provide the survivable and endurable satellite communications capability for the Nuclear Command, Control, and Communications (NC3) mission in all operational environments.

    First, the task order will begin to lay the CCS-C infrastructure groundwork to eventually support an out-of-band (OOB) ESS telemetry, tracking, and command capability as part of the larger SSC Military Communications & Positioning, Navigation and Timing Program Executive Office (PEO) mission. Second, it will create the necessary infrastructure to link the ground system solutions as required for operations. Third, through a pair of study efforts, it will facilitate the development of a road map for implementation of ESS Mission Unique Software and CCS-C micro-services implementation. Finally, the effort will facilitate a prototyping effort to allow CCS-C users to utilize new enterprise architecture.

    Raytheon, an RTX (NYSE: RTX) business, was recently awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy. This is the fourth option exercised from the March 2022 hardware, production and sustainment contract that is valued up to $3 billion over five years.

    Under this contract, the U.S. Navy will receive four additional radars, increasing the total amount of radars under contract for procurement to 42.

    “SPY-6 enables the U.S. Navy to see further than they’ve ever seen before, providing sailors with more time to respond to detected threats,” said Barbara Borgonovi, president of Naval Power at Raytheon. “This latest contract builds on our decades of experience and technical expertise in developing modular, scalable, and highly maintainable radars.”

    About FN Media Group:

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

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

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

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

    Contact Information:

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

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Dylan Media Controls 40% of Share Capital and Requests Significant Share Buyback Offer

    Source: GlobeNewswire (MIL-OSI)

    • Dylan Media acquires 40.3% shareholding in CLIQ
    • Proposed public share buyback offer in the total volume of €12,5 million and capital reduction to be discussed at Annual General Meeting on 21 August 2025
    • CLIQ continues to consider delisting following strategic investment by Dylan Media

    DÜSSELDORF, 12 June 2025

    New principal shareholder

    Yesterday, CLIQ Digital AG (“CLIQ” or “Company”) was informed that Dylan Media B.V. (“Dylan Media”) now holds approximately 19.1% of the shares in the Company and has entered into purchase agreements for an additional 21.2%, resulting in a combined stake of 40.3% in the Company’s outstanding share capital.

    Potential public partial share repurchase offer by CLIQ

    Dylan Media has formally requested that CLIQ’s Management Board and Supervisory Board include an agenda item for the Annual General Meeting 2025 relating to a significant share buyback offer (public partial share repurchase offer by the Company). The proposed repurchase offer would involve CLIQ offering to buy back up to 2,060,000 shares at €6.06 per share, which would equate to 59% of the Company’s remaining free floating share capital. This offer price is 15% higher than the six-month volume-weighted average share price (VWAP) before yesterday’s announcement. Dylan Media reserves the right to amend its request pending the release of updated financial information ahead of the Annual General Meeting.

    If resolved, this share buyback offer would trigger the acquisition of treasury shares, which would then be redeemed after the completion of CLIQ’s share buyback offer and reduce CLIQ’s share capital accordingly. Dylan Media has committed not to participate in this offer with the CLIQ shares it holds.

    Once resolved by the Annual General Meeting, shareholders have the possibility to divest for €6,06 contingent on the number of shares offered by shareholders in the repurchase offer. The proposed repurchase price would equate an increase of 75% to the Xetra closing price of €3.46 prior to the ad hoc announcement of the Company on 6 March 2025.

    Delisting

    Given the significant changes to the Company’s shareholder structure, the limited demand and liquidity of the shares, and the capital market no longer being the most viable option for the Company’s financing, while facing substantial ongoing listing obligations, expenses and opportunity costs, the Company continues to consider a delisting of the shares from all stock exchanges to be in general in the interest and as the right course of action for the Company and intends to decide on a delisting after completion of the share buyback offer. The Company will inform the shareholders and the capital market on the result of the share buyback offer and the further considerations with regard to a delisting in due course.

    Should the delisting take place, the rights of CLIQ’s minority shareholders will generally remain unchanged, except that CLIQ will no longer be subject to capital market reporting requirements, and shareholders will lose the ability to sell their shares via the official stock exchanges.

    No Public partial acquisition offer by Dylan Media

    In light of this increased ownership, Dylan Media has confirmed that it will no longer pursue the previously considered public partial tender offer to CLIQ shareholders. The decision reflects a shift in strategy now that the threshold for significant influence has been reached through direct acquisitions.

    Annual General Meeting 2025

    CLIQ invites its shareholders to the Annual General Meeting, which will take place on Thursday, 21 August 2025, as an in-person event in Düsseldorf. The formal invitation including the agenda and further details regarding participation will be published in due course.

    Management Board statement

    “We warmly welcome Dylan Media as our new principal shareholder. Their decisive commitment to CLIQ reflects a deep strategic conviction about the strength of our business model and long-term potential – something that the capital markets have not always adequately recognised, as evidenced by our low market valuation,” said CEO Luc Voncken. “Dylan Media’s confidence validates our vision and provides momentum as we prepare to enter the next phase of sustainable growth.”

    Contacts

    Investor Relations:
    Sebastian McCoskrie, s.mccoskrie@cliqdigital.com, +49 151 52043659

    Media Relations:
    Daniela Münster, daniela.muenster@h-advisors.global, +49 174 3358111

    Financial calendar

    Half-year financial report 2025 & earnings call Thursday 7 August 2025
    Annual General Meeting 2025 Thursday 21 August 2025
    Financial report 3Q/9M 2025 and earnings call Thursday 6 November 2025

    About CLIQ

    The CLIQ Group is a data-driven online performance marketing company that sells bundled subscription-based digital products to consumers worldwide. The Group licenses content from partners, bundles it to digital products, and sells them via performance marketing. CLIQ is expert in turning consumer interest into sales by monetising online traffic using an omnichannel approach.

    The Group operated in 40 countries and employed 132 staff from 33 different nationalities as at 31 December 2024. The company is headquartered in Düsseldorf and has offices in Amsterdam and Paris. CLIQ Digital is listed in the Scale segment of the Frankfurt Stock Exchange (ISIN: DE000A35JS40, GSIN/WKN: A35JS4) and is a constituent of the MSCI World Micro Cap Index.

    Visit our website https://cliqdigital.com/investors. Here you will find all publications and further information about CLIQ. You can also follow us on LinkedIn.

    The MIL Network –

  • MIL-OSI Economics: World’s best governor Aleš Michl receives award for extraordinary effort, courage and independence

    Source: Czech National Bank

    Czech National Bank Governor Aleš Michl received the prestigious international Central Banking Award 2025 for world’s best governor at a ceremony in London on Wednesday. He was recognised for his extraordinary determination to reduce inflation and safeguard the value of money in the Czech Republic, as well as for his forward-looking and innovative approach to the issues currently shaping the global financial landscape. This is already the second major international accolade the Governor has received this year – in January, The Banker magazine, published by the Financial Times, named him Central Banker of the Year for Europe.

    Governor Aleš Michl received the award at the international Central Banking Summer Meetings, held in London on 11–12 June, with the participation of central bankers from around the world.  The conference is organised annually by the renowned Central Banking magazine.

    “I don’t see this award as mine alone. It is recognition for the entire CNB team. From the very beginning, our main goal was to bring inflation back to 2% and restore people’s confidence in the koruna. That would not have been possible without the courage to make unpopular, yet correct, decisions. That’s what central banking is about – independence, discipline and responsibility to the people who save and work,” said CNB Governor Aleš Michl.

    The jury particularly highlighted the extraordinary efforts of CNB Governor Aleš Michl in the fight against inflation. Thanks to the strategy adopted by the Bank Board under his leadership, the Czech Republic was among the first countries to bring exceptionally high inflation back to target. Inflation fell from 17.5% in July 2022 to exactly 2% in February, March and June 2024. The full-year average was 2.4% – the lowest since 2018. According to estimates, inflation is expected to remain at a similar level this year as well. Low, stable and predictable inflation is one of the prerequisites for long-term sustainable economic growth.

    However, the jury evaluated more than just price stability. It also praised the efforts of the central bank under Aleš Michl’s leadership in managing the international reserves and implementing measures to improve the efficiency of the institution’s operations. The jury also commended the CNB’s active role in the successful resolution of the insolvency of Sberbank CZ, as well as its support for the instant payment system operated by the central bank. The growing availability of fast, secure and low-cost interbank transfers supports the digital development of the economy and makes everyday life and business easier. It also reinforces the CNB’s position as a leader in the modernisation of the country’s financial infrastructure.

    Jakub Holas
    Director, CNB Communications Division

    MIL OSI Economics –

  • MIL-OSI Economics: [Editorial: Youth Month Testimonials] Samsung Education-Focused CSR Programmes Making A Positive Difference in the Lives of South African Youth

    Source: Samsung

    Samsung’s education-focused, corporate social responsibility (CSR) programmes strive to promote innovation and empower youth through technology; with the ultimate aim of addressing societal issues.
     
    These programmes offer support to underprivileged youth and aim to cultivate creative thinking while also providing critical skills training needed by the local economy. By doing so, Samsung is creating opportunities for young people to make a positive impact on their communities and society. Samsung spoke to some of the beneficiaries from its education-focused initiatives that are driven through technology and this is what they had to say:
     
    Siyabonga ‘Siya” Mojalefa Tshabalala originally from Qwaqwa in the Free State was part of the 2022 Samsung Innovation Campus (SIC) programme in partnership with Central University of Technology (CUT). SIC is a global initiative that upskills youth aged 18-25 in future technologies to enhance their employability while focusing on AI, IoT, Big Data and Coding. Siya explained: “ Through this SIC programme – I gained hands-on experience through paper coding, peer programming and projects and these skills have helped me to solve real-world problems. The programme also taught me some important soft skills that are required in work environments, these included communication, critical thinking, problem solving skills and ability to collaborate with others.”
     

     
    Another beneficiary, 26 year old Mulalo Ndou, did her undergrad in Mathematical Science and majored in Mathematics and Mathematical Statistics at the University of Johannesburg (UJ). She also completed her honours in Risk Analysis (Cum-laude) at the University of the Free State (UFS).
     
    According to Mulalo, Samsung’s bursary fund was her light at the end of the tunnel. Mulalo received funding from Samsung when she needed it to complete her last year of studies. “I lost the funding I had for my studies in my final year and had to go back home, but Samsung came through for me, she said. “This bursary fund paid for my annual fees and accommodation in my final year and postgraduate studies. It also provided me with a monthly meal and living stipend as well as an allowance for a laptop.”
     

     
    After Mulalo finished her postgrad, Samsung provided her with an internship opportunity. “When the internship period was over, Samsung gave me a full-time position as a Process Improvement Data Analyst/Reporting Specialist am very grateful to the individuals at Samsung who helped me to be successful in my role,” she added. In an effort to pay it forward, Mulalo also works as a volunteer at Rising Females in STEM, as she is also a Rising Female in Technology and Mathematics.
     
    Mulalo said that she has always wanted to be one of the mentors in the Samsung Solve For Tomorrow (SFT) programme. “This SFT opportunity came at the right time and has been an amazing experience. I am learning something new each day from the participating learners and most importantly, how to become a great mentor.”
     
    Nzumbululo Todani, an 18 year old learner from Mbilwi Secondary in Thohoyandou, Limpopo. Nzumbululo is one of the beneficiaries from the SFT contest that challenges students to use STEM (Science, Technology, Engineering and Math) skills to solve real-world problems in their respective, local communities. His participation in the SFT competition has proved to be invaluable – he attributes his academic achievements in 2024 to his experience in the programme. Nzumbululo was awarded the top learner in the province for the 2024 NSC examinations with an average aggregate of 97%. Also, he was awarded for obtaining 300/300 in two gateway subjects: Physical Science and Geography.
     

     
    “When I participated in the contest, I assumed the role of team co-ordinator, managing and planning the daily landscape of the project and doing quality control on the prototype as well as all papers written and the final presentation. The competition left me with invaluable communication, leadership, planning, evaluation and time management skills.”
     
    Thoriso Rangata is a 32 year male entrepreneur and the owner of KTO Digital – a Business Process Automation, Software Development Services and Background Screening Software as a Service (SaaS) solution provider. He currently stays in Johannesburg but is originally from Limpopo and is one of the beneficiaries of the Samsung EEIP Entrepreneurship Development Programme. Thoriso became part of the programme when he responded to a public call for applications. At the time, his business needed support so that they could meet the company’s growth objectives.”

    Since being part of the EEIP programme, Thoriso won the Nedbank Business of the Year Award in 2022. His company also launched their own product and received accreditation for the business as a credit bureau in 2022.
     
    “The other direct benefits that we received from being part of the programme included: Grant Funding, Asset Financing and Continuous Business Mentorship that our business needed in order for us to move forward, Thoriso added. “We strongly believe that the skills we acquired from this EEIP programme, which included Business regulatory governance structures and strategic business growth approaches/methods – have contributed to the success of our business to date.”
     
    Through these education-focused CSR programmes that are driven by technology, Samsung is actively promoting the transfer of critical skills as well as both employment and entrepreneurship opportunities that are needed by the country’s youth and the local economy.
     
    The testimonials from the youth that participated in Samsung’s programmes mentioned above, are a clear indication of the impact the company is making in South Africa. By continuing to fund such programmes, Samsung is working towards winning the fight against youth unemployment, inequality and poverty in the country;  through job creation and the development of a skilled workforce.

    MIL OSI Economics –

  • MIL-OSI Russia: China’s Seaport Cities Record Rapid Growth of Port Economy in 2024

    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

    TIANJIN, June 12 (Xinhua) — The added value of China’s seaport cities in the port economy will reach 6.7 trillion yuan (about 933 billion U.S. dollars) in 2024, up 360.6 billion yuan from 2023, according to a report released at the 3rd Tianjin International Shipping Expo that opened here on Thursday.

    The report, compiled by the Planning and Research Institute under the Ministry of Transport of China, provides a comprehensive assessment of the development level of port economies in 59 Chinese seaport cities.

    According to the report, the port economy refers to the set of economic activities that operate in port cities and are based on ports. The port economy accounts for 13.6 percent of the total economy of 59 Chinese port cities.

    The seaport cities located in the Yangtze River Delta account for 44.9 percent of the added value in the national port economy, demonstrating the region’s leading role in the national port economy.

    According to the authors of the report, ports have played a key role in the development of the secondary sector of the economy of coastal cities. Rapid growth rates have been observed in emerging industries of strategic importance, such as the production of computers, communications equipment and electronic equipment. Ports are increasingly supporting the industrial modernization of the country’s interior.

    “We strongly believe that the port economy still has great development potential. China’s port economy will become a powerful engine for the implementation of a new development paradigm,” said Liu Zhanshan, deputy director of the institute. -0-

    MIL OSI Russia News –

  • MIL-OSI Africa: Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage project


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    The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt, which will be Africa’s largest solar power plant.

    Located in Qena Governorate in southern Egypt, the project entails the design, construction, operation, and maintenance of a photovoltaic power plant with an integrated battery energy storage system. The Egyptian Electricity Transmission Company will be the sole off-taker under a 25-year Power Purchase Agreement.

    The project’s total cost is estimated at more than $590 million. The Bank Group’s financing package includes $125.5 million of ordinary resources, as well as concessional funding from Bank Group-managed Special Funds the Sustainable Energy Fund for Africa  (SEFA) worth $20 million, and the Canada-African Development Bank Climate Fund ($18.6 million), a partnership of the Bank Group and the Government of Canada. A further $20 million will come from the Climate Investment Funds’ Clean Technology Fund, with additional financing to be mobilized from a consortium of development finance institutions.

    Under Egypt’s Nexus of Water, Food, and Energy (NWFE) platform, Obelisk has been granted a Golden License by the government, which recognizes it as a strategic initiative that will contribute to addressing Egypt’s energy constraints and advancing its energy transition.

    Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, said “the Obelisk solar project is another important milestone for Egypt under the energy pillar of the NWFE program which has since its launch in November 2022 at COP27 in Sharm El Sheikh delivered 4.2 GW of privately financed renewable energy investments, worth about $4 billion, with the support of partners such as the Africa Development Bank.  The goal of NWFE’s energy pillar is to add 10 GW of renewable energy capacity with investments of approximately $10 billion, and phase out 5 GW of fossil fuel power generation by 2030.”

    The project, expected to be fully operational by the third quarter of 2026, will generate an estimated 2,772 gigawatt-hours of clean, reliable, and affordable energy annually to the national grid. The battery energy storage system will help meet peak evening demand with renewable power while also mitigating the variability of solar power generation. The project is expected to reduce annual carbon dioxide (CO2) emissions by approximately one million tons and create about 4,000 jobs during construction and 50 permanent jobs during operation, with a special focus on women and youth employment.

    “Obelisk is another landmark development under NWFE that leverages on Egypt’s and the African Development Bank’s leadership as well as commitment to harnessing the country’s renewable energy to enhance the resilience of the country’s energy supply to meet its fast-growing energy demand sustainably,” said Kevin Kariuki, African Development Bank Vice President for Power, Energy, Climate, and Green Growth.  “This project also contributes to Egypt’s ambition of producing 42 percent of its power generation capacity from renewable energy sources by 2030 while spurring economic growth and reducing greenhouse gas emissions,”

     Ambassador of Canada to the Arab Republic of Egypt Ulric Shannon said: “Canada is proud to support solar energy development in Egypt. This initiative is a meaningful step toward enhancing energy security and stability, with direct benefits for the Egyptian people. We are pleased to collaborate with the African Development Bank and other partners in supporting Egypt’s transition to a sustainable, low-carbon economy.”

    The Obelisk Solar Project aligns with the African Development Bank’s Ten-Year Strategy, its New Deal on Energy for Africa, and its Country Strategy Paper for Egypt as well as SEFA’s strategic framework which aims to accelerate African countries energy transition by increasing the share of renewables and catalyzing commercial capital mobilization in the power sector. The project also advances Egypt’s commitment to achieve 42 percent generation capacity from renewable energy sources by 2030.

    “This project exploits the abundant renewable energy potential in Africa and demonstrates how strong partnerships and innovative solutions contribute to balancing three core objectives in the energy sector, namely energy security, affordability, and sustainable economic development,” said Wale Shonibare, Director of Energy Financial Solutions, Policy, and Regulation at the African Development Bank. “It has high potential for replicability across the continent.”

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Media Contact:
    Olufemi Terry
    Communication and External Relations Department
    o.terry@afdb.org

    Technical Contact:
    James Otto
    Senior Investment Officer
    Energy Financial Solution and Policy Regulations Department
    j.otto@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    MIL OSI Africa –

  • MIL-OSI: Canada’s $80 Billion Defence Modernization Package Signals Strategic Shift—Draganfly Positioned for Rapid Growth with Integration of DND-Specified Radio Systems

    Source: GlobeNewswire (MIL-OSI)

    Toronto, ON , June 12, 2025 (GLOBE NEWSWIRE) — In a decisive move to fortify Canada’s national security capabilities, Prime Minister Mark Carney has announced an $80 billion long-term defence investment package focused on technological modernization, domestic industrial capacity, and unmanned aerial systems (UAS). This landmark announcement, inclusive of robust support for drone development and Canadian manufacturing, marks a generational shift in federal defence procurement strategy.

    Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8), an award-winning, industry-leading drone solutions and systems developer. Draganfly is positioned to contribute to objectives within the Our North Strong and Free (ONSAF) defence policy expansion. Draganfly’s interoperable and multi-mission family of UAS platforms is strategically aligned with stated DND priorities such as “Expanding and Enhancing Existing and Emerging Military Capabilities” related to border security and Arctic sovereignty. Demonstrating this adaptability, Draganfly confirms the successful integration and demonstration of a Department of National Defence (DND)-specified radio communications system into its flagship drone platforms, in addition to several other communication system integrations to support interoperability with existing assets. These integrations help prime the company for eligibility in upcoming federal UAS procurements that emphasize secure, interoperable, and sovereign systems.

    Draganfly, with multiple R&D and Manufacturing sites in Canada, is one of the world’s longest standing commercial UAS manufacturers. The capacity for expansion of domestic production, in combination with long standing strategic relationships that Draganfly holds with various related technologies providers across various Five Eyes regions uniquely positions Draganfly as a technology integrator and solutions provider.

    This week’s developments signal a major policy realignment by Ottawa, anchoring defence spending to strategic domestic priorities such as resilient supply chains, sovereign manufacturing, and interoperability with NATO and Five Eyes partners. The emphasis on drone capabilities and homeland industrial content is particularly relevant in an era marked by asymmetric threats and hybrid warfare.

    Prime Minister Carney’s announcement effectively maps a multi-year demand curve for Canadian aerospace, cybersecure communications, and autonomous systems providers. Analysts anticipate that a minimum of 20% of the $80B envelope will be earmarked for next-generation battlefield technologies, with drones expected to account for a significant share of this investment.

    Draganfly’s ability to support existing architecture and protocols while providing the ability to rapidly test and adopt emerging technologies with domestic manufacturing and engineering expertise is poised to support these pillars of the Defence Modernization package. Adoption of Draganfly product for testing and use by Canadian and US Military Customers and Prime Contractors through 2024 and 2025, validates its platforms for critical applications such as reconnaissance, force protection, and logistics resupply. This positions Draganfly as one of the few Canadian OEMs and Supply Chain Managers capable of delivering mission-ready systems that meet both tactical requirements and industrial policy criteria.

    Strategic Implications for Capital Markets and Domestic Industry

    • Domestic Preference: The federal focus on Canadian manufacturing aligns with the Industrial and Technological Benefits (ITB) policy, making domestically-integrated platforms poised to win procurement bids.
    • Supply Chain Security: In an age of escalating global tensions, Canada is reducing reliance on foreign critical components. Draganfly’s control over its own airframe and avionics IP gives it a defensible advantage.
    • Dual-Use Upside: Beyond military contracts, the integrated communication system enhances the company’s value proposition in emergency response, disaster relief, and public safety markets.
    • Revenue Catalysts: Analysts expect RFIs and RFPs for defence-grade drones to accelerate in the second half of 2025, with contract awards potentially materializing as early as Q1 2026. Draganfly’s early compliance could provide a first-mover advantage.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is the creator of quality, cutting-edge drone solutions, software, and AI systems that revolutionize how organizations can do business and serve their stakeholders. Recognized as being at the forefront of technology for over 25 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping, and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.

    NASDAQ (DPRO)
    CSE (DPRO)
    FSE (3U8)

    Media Contact:
    Erika Racicot
    Email: media@draganfly.com

    Company Contact:
    Email: info@draganfly.com

    Forward-Looking Statements

    This release contains certain “forward looking statements” and certain “forward-looking ‎‎‎‎information” as ‎‎‎‎defined under applicable securities laws. Forward-looking statements ‎‎‎‎and information can ‎‎‎‎generally be identified by the use of forward-looking terminology such as ‎‎‎‎‎“may”, “will”, “expect”, “intend”, ‎‎‎‎‎“estimate”, “anticipate”, “believe”, “continue”, “plans” or similar ‎‎‎‎terminology. Forward-looking statements ‎‎‎‎and information are based on forecasts of future ‎‎‎‎results, estimates of amounts not yet determinable and ‎‎‎‎assumptions that, while believed by ‎‎‎‎management to be reasonable, are inherently subject to significant ‎‎‎‎business, economic and ‎‎‎‎competitive uncertainties and contingencies. Forward-looking statements ‎‎‎‎include, but are not ‎‎‎‎limited to, statements with respect to Draganfly’s interoperable and multi-mission family of UAS platforms being strategically aligned with stated DND priorities such as “Expanding and Enhancing Existing and Emerging Military Capabilities” related to border security and Arctic sovereignty as well as the statement regarding analysts’ anticipation that a minimum of 20% of the $80B envelope will be earmarked for next-generation battlefield technologies, with drones expected to account for a significant share of this investment. Forward-‎‎‎‎looking statements and information are subject to various ‎known ‎‎and unknown risks and ‎‎‎‎‎uncertainties, many of which are beyond the ability of the Company to ‎control or ‎‎predict, that ‎‎‎‎may cause ‎the Company’s actual results, performance or achievements to be ‎materially ‎‎different ‎‎‎‎from those ‎expressed or implied thereby, and are developed based on assumptions ‎about ‎‎such ‎‎‎‎risks, uncertainties ‎and other factors set out here in, including but not limited to: the potential ‎‎‎‎‎‎‎impact of epidemics, ‎pandemics or other public health crises, including the ‎COVID-19 pandemic, on the Company’s business, operations and financial ‎‎‎‎condition; the ‎‎‎successful integration of ‎technology; the inherent risks involved in the general ‎‎‎‎securities markets; ‎‎‎uncertainties relating to the ‎availability and costs of financing needed in the ‎‎‎‎future; the inherent ‎‎‎uncertainty of cost estimates; the ‎potential for unexpected costs and ‎‎‎‎expenses, currency ‎‎‎fluctuations; regulatory restrictions; and liability, ‎competition, loss of key ‎‎‎‎employees and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s most recent filings filed ‎‎‎with securities regulators in Canada on ‎the SEDAR ‎‎‎‎website at www.sedar.com and with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

    The MIL Network –

  • MIL-OSI: SINTX Technologies Announces Strategic Vision Focused on Expansion Across Key Sectors

    Source: GlobeNewswire (MIL-OSI)

    New leadership and recapitalization to accelerate commercialization of proprietary silicon nitride technologies in medical and high-growth markets

    SALT LAKE CITY, Utah, June 12, 2025 (GLOBE NEWSWIRE) — SINTX Technologies, Inc. (NASDAQ: SINT) (“SINTX” or the “Company”), the only FDA-registered producer of implantable silicon nitride and a global leader in advanced ceramics, today announced a renewed corporate vision and strategic plan to accelerate commercialization and unlock the full value of its intellectual property portfolio. This follows the company’s successful recapitalization in February 2025 and the restructure of its leadership team and Board of Directors.

    A Legacy of Innovation in Silicon Nitride

    In 2008 SINTX Technologies made history with the first FDA-cleared implant material that is neither metal nor plastic—but medical-grade silicon nitride. The initial clearance covered a family of interbody devices and marked a pivotal moment in spinal surgery. These implants offered a unique trifecta of benefits: antimicrobial activity, osteogenic potential, and radiographic translucency. With over 50,000 spinal implants successfully placed worldwide, SINTX has demonstrated the clinical viability and long-term advantages of this revolutionary biomaterial.

    Today, SINTX remains the industry leader in silicon nitride technology, with 18 issued U.S. patents and 84 pending applications. Known for its strength, biocompatibility, and infection-resistant properties, the company’s proprietary ceramic platform has applications across multiple markets—including the $62 billion global orthopedic implant sector, as well as emerging fields like agribiotech and performance textiles.

    Renewed Vision and Mission

    SINTX is now taking this one step further by developing next-generation hybrid biomaterials that combine the biological performance of silicon nitride and merging the flexibility, and manufacturability of polymers like PEEK and PEKK. These new composites are being optimized for applications in spine, oral/maxillofacial (OMF), cranio-maxillofacial (CMF), and oncologic reconstruction.

    “Our mission is clear: to drive sustainable growth and value creation by collaborating with market leaders who recognize the transformative potential of silicon nitride,” said Mr. Eric Olson, CEO of SINTX Technologies. “With a strengthened balance sheet and a robust intellectual property portfolio, we are uniquely positioned to accelerate commercialization and deliver superior outcomes for patients, customers, and shareholders alike.”

    Strategic Initiatives and Market Expansion

    SINTX is actively pursuing strategic partnerships and licensing opportunities to expand the reach of its technology. The company’s near-term focus includes:

    • Joint Ventures: Collaborating with established manufacturers in orthopedics, wound care, agribiotech, and other potential sectors to integrate silicon nitride into next-generation products.
    • IP Monetization: Unlocking value from its extensive patent portfolio through licensing agreements and technology transfer initiatives.
    • Operational Excellence: Enhancing AI supported 3D manufacturing capabilities at its FDA cleared and ISO certified headquarters to support anticipated growth and ensure the highest quality standards.

    Commitment to Stakeholders

    As SINTX enters this new era, the Company reaffirms its commitment to transparency, disciplined execution, and long-term value creation for all stakeholders.

    “We are grateful for the continued support of our shareholders and partners,” said Mr. Olson. “Together, we will realize the full potential of silicon nitride and secure SINTX’s position as a leader in advanced ceramics.

    For more information, please visit www.sintx.com.

    About SINTX Technologies, Inc.

    Located in Salt Lake City, Utah, SINTX Technologies is an advanced ceramics company that develops and commercializes materials, components, and technologies for medical and agribiotech applications. SINTX is a global leader in the research, development, and manufacturing of silicon nitride, and its products have been implanted in humans since 2008. Over the past several years, SINTX has utilized strategic acquisitions and alliances to enter new markets. For more information on SINTX Technologies or its materials platform, visit www.sintx.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”) that are subject to a number of risks and uncertainties. Forward-looking statements can be identified by words such as: “anticipate,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods.

    Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management’s current estimates, projections, expectations and beliefs. Forward looking statements include our efforts to develop next-generation hybrid biomaterials, our expectation that will drive sustainable growth and value creation, and that we will expand the reach of our technology pursuing strategic partnerships and licensing opportunities. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, difficulty in developing and commercializing medical device technologies. A discussion of other risks and uncertainties that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements can be found in SINTX’s Risk Factors disclosure in its Annual Report on Form 10-K, filed with the SEC on March 19, 2025, and in SINTX’s other filings with the SEC. SINTX undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report, except as required by law.

    Business and Media Inquiries for SINTX:
    SINTX Technologies, Inc.
    801.839.3502
    IR@sintx.com

    The MIL Network –

  • MIL-OSI: Celebrate Freedom, Celebrate America! American Rebel Light Beer—Free Shipping Through June 30th to Honor the Fourth of July and America’s Birthday!

    Source: GlobeNewswire (MIL-OSI)

    • Stock up on “Rebel Light” prior to the Fourth of July—Free Shipping Ends June 30th!
    • America’s Fastest Growing Beer – American Rebel Light now shipping to more than 40 states across the U.S.A.

    Nashville, TN, June 12, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB), through its American Rebel Beverages subsidiary and America’s Patriotic Beer – American Rebel Light Beer (www.americanrebelbeer.com) proudly announces, just in time for summer celebrations, a limited-time Free Shipping offer now through June 30th. Customers can order directly from http://shop.americanrebelbeer.com/.

    Raise a Cold One to the Red, White, and Blue!

    Independence Day is just around the corner, and there’s no better way to celebrate freedom than with America’s Patriotic Beer—American Rebel Light Beer! Whether you’re grilling, launching fireworks, or simply raising a toast to liberty, make sure you’ve got American Rebel Light Beer on hand. Time to stock up on American Rebel Light Beer—a better-for-you, all-natural light lager made for freedom-loving Americans.

    “There’s no better way to celebrate America’s birthday than with a cold can of American Rebel Light Beer,” said Andy Ross, CEO of American Rebel Holdings, Inc. “This is more than just a beer—it’s a salute to our country, our Constitution, and those who protect our freedom. Raise a “Tall Boy” and toast to the red, white, and blue!”

    Order Now!

    Freedom Delivered to Your Door—Online Sales Are Soaring!

    Patriotic Americans nationwide are stocking up as online sales rapidly increase. This better-for-you, all-natural light lager represents everything we stand for—and now, it’s easier than ever to get your beer of freedom delivered straight to your doorstep!

    Limited-Time Free Shipping—Order Now Before June 30th!

    This exclusive free shipping offer is available through June 30th, making it effortless to prepare for Fourth of July celebrations. Join the movement and drink to independence—because every sip is a salute to the land of the free!

    Stock up now at shop.americanrebelbeer.com and toast to freedom this Fourth of July!

    With delivery now available to over 40 states, American Rebel Light Beer is making it easy to celebrate America anywhere this summer. With strong consumer engagement and nationwide accessibility, American Rebel Light Beer continues to build momentum. Order your American Rebel Light Beer now at shop.americanrebelbeer.com

    States we ship to:

    AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MO, MT, NC, NV, NH, NJ, NM, NY, OH, OK, OR, PA, RI, TX, VT, WA, WV, WI, WY

    About American Rebel Light Beer

    American Rebel Light Beer is America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.

    American Rebel Light is more than just a beer—it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer follow us on our social media platforms.

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    For more information about American Rebel Light Beer follow us on social media @AmericanRebelBeer

    For more information, visit americanrebelbeer.com

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories.

    To learn more, visit www.americanrebel.com and www.americanrebelbeer.com. For investor information, visit www.americanrebel.com/investor-relations.

    Watch the American Rebel Story as told by our CEO Andy Ross visit The American Rebel Story

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

    American Rebel Holdings, Inc.
    info@americanrebel.com
    ir@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

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

    Attachment

    The MIL Network –

  • MIL-OSI: Scrum Alliance and Northwestern University Join Forces to Empower the Next Generation with Essential Scrum and Agile Skills

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 12, 2025 (GLOBE NEWSWIRE) — Through a unique collaboration, Scrum Alliance® a global leader in agile certifications, and Northwestern University School of Professional Studies (SPS), renowned for its prestigious academic programs and dedicated approach to professional development, have joined forces to offer a suite of on-demand courses designed to equip professionals with essential agile skills.

    No matter where an organization is in its agile transformation, these on-demand courses offer ways to understand agile adoption success factors, management approaches and change management development.

    All three courses offer the ultimate flexibility, letting those who desire to stay ahead of the curve learn anytime, anywhere and at their own pace. But it’s not just about convenience — these courses will provide the tools to seize opportunities and deliver real, impactful results in any industry. Whether it’s advancing a career or transforming an organization, these courses provide the expertise you need to thrive in today’s fast-paced, ever-evolving business world.

    “Agility is no longer just a buzzword; it’s the key to thriving in today’s volatile, fast-moving business world,” said Tristan Boutros, CEO of Scrum Alliance. “This partnership with Northwestern University allows us to deliver actionable skills that go beyond theory — these are concrete skills that help professionals mobilize strategy, drive measurable bottom-line results and mitigate risk. Whether it’s managing projects more effectively, leveraging AI advancements or responding to shifts in the market, agility is essential for today’s leaders who need to act fast, think ahead and lead with impact.”

    Professionals will have access to three on-demand microcredential courses offered by Scrum Alliance with each course launching this summer.

    1. Agile Stakeholder Engagement will launch in early July. Effective stakeholder communication is crucial for product owners and scrum masters to ensure project alignment, build relationships and maintain engagement throughout the agile process. This course will explain best practices for communication between agile and traditional projects while identifying and prioritizing stakeholder’s communication needs.
    2. Agile Change Management will launch in August. Whether your organization is just beginning its agile transformation or is further along, it’s crucial to help your team quickly adapt. This course addresses common obstacles teams face during agile transitions and offers change management strategies to overcome resistance.
    3. Mastering Hybrid Agile is scheduled to launch in September. This course helps teams—remote, hybrid and in-person—optimize collaboration and tackle the challenges of distributed work. Participants will explore agile practices to enhance communication, streamline teamwork and overcome common hurdles in hybrid environments, ensuring success on any project.

    Each course is between three and five hours long and covers several modules and examples. Interactive and practical exercises are integrated throughout each microcredential to apply what was learned. Together, Northwestern University and Scrum Alliance encourage those already in the workforce to take advantage of these offerings and advance their professional skills.

    “SPS is committed to offering high-quality, flexible, and accessible educational programs that advance the careers of working professionals,” said Erica Wilke Bova, Ed.D., Assistant Dean, Professional Education Programs. “This partnership enables us to create contemporary curricula in an innovative format that meets the workforce needs of Scrum Alliance’s network.”

    About Scrum Alliance®
    As the first not-for-profit focused on agile education and professional credentialing, Scrum Alliance continues to advance its position of Agile for Anyone™ by equipping professionals and their organizations with the education, skills, and community needed to succeed in today’s ever-evolving workplaces.

    Learn more at www.scrumalliance.org.

    About Northwestern University
    Northwestern University is a leading private research institution with campuses in Evanston and Chicago, Illinois. Known for its academic excellence and commitment to innovation, Northwestern offers a wide range of professional development programs through its School of Professional Studies, preparing individuals for success in an ever-evolving global economy.

    For more information or to enroll in the new agile courses, please visit www.scrumalliance.org or www.sps.northwestern.edu.

    Media Contact
    Bethany Rhodes
    Uproar by Moburst for Scrum Alliance
    bethany@moburst.com

    The MIL Network –

  • MIL-OSI: Bullish on Drone Stocks as Recent Executive Orders Focuses on Strengthening U.S. Leadership for Drone Operations

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 12, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – On Friday, June 6, the White House issued two sweeping executive orders focused on strengthening U.S. leadership in uncrewed aircraft systems (UAS, or drones). These actions aim to streamline rulemaking for enabling regulations, fortify domestic supply chains and promote manufacturing, advance security measures, and align federal operations with emerging aviation technologies. The Association for Uncrewed Vehicle Systems International (AUVSI) applauds the Administration’s commitment to advancing drone integration through timely, coordinated federal action. These Executive Orders mark a significant step toward reducing regulatory uncertainty, accelerating innovation and manufacturing, and reinforcing U.S. competitiveness in the global autonomy race. AUVSI envisions a future where uncrewed systems, robotics, and autonomous technologies are seamlessly integrated to solve critical challenges resulting in lasting safety and societal benefits, economic growth, and enhanced national security. AUVSI represents leaders from more than 60 countries across industry, government, and academia in the defense, civil and commercial sectors. Our strength is in our community, which gathers in-person and online to share new ideas, promote effective policy, advocate for the value of autonomous technology, and spark new partnerships. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Red Cat Holdings, Inc. (NASDAQ: RCAT), Ondas Holdings Inc. (NASDAQ: ONDS), Draganfly Inc. (NASDAQ: DPRO), AgEagle Aerial Systems Inc. (NYSE: UAVS).

    The AUVSI article added: “Today is a historic day for the drone industry in the United States. The White House Executive Orders issued today showcase that drones are critical to American economic strength, national security, and global leadership” said Michael Robbins, AUVSI’s President & CEO. “AUVSI commends the Trump Administration for advancing policies that will ensure U.S. leadership in drone innovation, security, operations, and manufacturing. As we have long advocated, innovation and security must advance in lockstep, and President Trump got that right with these Executive Orders. By prioritizing long-overdue drone enabling rules and much needed security reforms, the Administration is accelerating the safe and responsible growth of the drone industry at a pivotal moment.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces its subsidiary ZenaDrone’s intent to file a patent and accelerate the deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology, to be mounted on the company’s flagship ZenaDrone 1000 drone platform in response to a new executive order policy directive. Counter-UAS technology refers to tools or systems that can detect, track, or mitigate unauthorized or dangerous drones to protect people, property, and airspace.

    ZenaDrone’s technology for this was originally designed last year but was placed on hold as the company prioritized other commercial and defense applications. However, the recent policy directive on Counter-UAS contained in the June 6th, 2025, White House Executive Order, ‘Restoring American Airspace Sovereignty’, has clarified the urgency and importance of bringing effective drone defense solutions to market. In response, ZenaDrone is accelerating development and commercialization efforts to meet growing domestic and international demand.

    “We developed our Counter-UAS system with future threats in mind, and the Executive Order has made it clear that the time to act is now,” said Dr. Shaun Passley, CEO of ZenaTech. “Integrating this technology into the ZenaDrone 1000 positions us to meet urgent security needs with a smart, autonomous aerial defense platform and be seen as a provider of safe, trusted, and mission-ready solutions.”

    The company will immediately expand its engineering and defense teams to fast-track R&D, testing, and deployment. The enhanced ZenaDrone 1000 will feature real-time threat detection and neutralization capabilities, making it a viable solution for military, homeland security, and critical infrastructure protection operations.

    The recent executive order, one of two historic policy directives announced on June 6th, 2025, provides a boost to US drone companies by driving demand for counter-UAS technologies, setting needed federal standards for secure airspace integration, and prioritizing US-made systems over foreign alternatives.

    The ZenaDrone 1000 is an AI multifunction autonomous drone that is a 12X7-foot rotary-wing octocopter design—built for commercial applications including surveillance, inspection and precision agriculture, as well as for defense. It features a patented foldable-wing design, can carry up to a 40 kg or 88 lbs of payload, and can fly for up to an hour before recharging on its docking station. It can be equipped with a variety of thermal imaging, LiDAR, or multispectral sensors to enable real-time ISR (intelligence, surveillance, and reconnaissance), border patrol, and other defense applications. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions through its Ondas Networks and Ondas Autonomous Systems business units, recently announced the closing of its underwritten public offering of (i) 27,200,000 shares of its common stock, which includes 4,800,000 shares of common stock sold pursuant to the exercise in full by the underwriter of their over-allotment option, and (ii) in lieu of common stock, pre-funded warrants to purchase up to 9,600,000 shares of its common stock, at an exercise price of $0.0001 per share. Ondas estimates net proceeds from the offering to be approximately $42.8 million, after deducting underwriting discounts and commissions and estimated offering expenses, and excluding any proceeds that may be received from the exercise of the pre-funded warrants.

    Ondas intends to use the net proceeds of the offering for general corporate purposes, including funding capital expenditures and providing working capital. Oppenheimer & Co. Inc. acted as the sole underwriter for the offering. Ladenburg Thalmann & Co. Inc., Lake Street Capital Markets, LLC and Northland Capital Markets served as financial advisors to Ondas. Akerman LLP served as legal counsel to Ondas and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel to the underwriter.

    Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), a drone solutions, and systems developer, recently announced the pricing of its public offering (the “Offering”) of 5,500,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit is to be sold at a public offering price of US$2.50, for gross proceeds of approximately US$13.75 million, before deducting placement agent discounts and offering expenses. The warrants will have an exercise price of CA$5.0768 (or US$3.71) per share, are exercisable immediately and will expire five years following the date of issuance.

    Maxim Group LLC is acting as sole placement agent for the Offering. Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company’s core products, potential acquisitions and research and development. The Offering is expected to close on or about June 12, 2025, subject to the satisfaction of customary closing conditions.

    AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of unmanned aerial systems (UAS), sensors, and software solutions for commercial and government use, recently announced the Company participated in a second high-level, invitation only policy discussion with the White House, hosted by the Office of Information and Regulatory Affairs (OIRA). This most recent engagement was centered on the proposed FAA Rule Part 108, which will define the regulatory framework for Beyond Visual Line of Sight (BVLOS) drone operations across the United States. AgEagle CEO Bill Irby joined industry peers from uAvionix, BRINC, Kelly Hills, and Pierce Aerospace in presenting key insights on how enactment of Part 108 will remove significant operational barriers, drive capital investment, and unlock next-generation drone technologies that enhance both commercial and public sector applications.

    “This follow-up invitation by OIRA reaffirms the strategic importance of expanding BVLOS operations for the domestic drone industry,” commented Irby. “We were honored to continue our engagement with the White House and contribute our perspective on how thoughtful and timely rulemaking can accelerate innovation, improve safety and compliance, and strengthen the U.S. position as a global leader in drone technology. Of particular value was the discussion of how streamlined regulation will allow broader deployment of autonomous data solutions and open the door for increased economic activity.”

    Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently issued a statement of support for a series of executive orders from the White House that advance U.S. leadership in uncrewed aircraft systems (UAS) and reinforce the resilience of America’s domestic industrial base.

    The executive actions are expected to remove regulatory barriers and modernize federal approval processes to prioritize U.S.-manufactured drones. Additional provisions include expanded detection and mitigation authority, and streamlined regulations to accelerate the deployment of UAS across federal and commercial sectors.

    About FN Media Group:

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

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

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

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI China: Chinese premier meets ECB chief

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

    BEIJING, June 12 — Chinese Premier Li Qiang on Thursday met with the European Central Bank (ECB) President Christine Lagarde in Beijing, where he called for enhanced opening up and cooperation between the two sides.

    Noting that this year marks the 50th anniversary of the establishment of diplomatic relations between China and the European Union (EU), Li said China is willing to work with the EU to consolidate political mutual trust, expand practical cooperation, and jointly promote development and prosperity.

    The economies of China and the EU are highly complementary, and China has the advantage of a super-large market and market potential that continues to be released, Li said, adding that there is great potential for cooperation between the two sides in many fields.

    As two major economies and two major forces, China and the EU should enhance multilateral coordination, promote opening up and cooperation, and make greater contributions to promoting the recovery of the global economy and improving global governance, Li said.

    He said China is willing to strengthen cooperation with the ECB on the reform of the international monetary system, and China will firmly expand its opening up and share development opportunities with other countries.

    Lagarde said tariff wars and trade wars will only lead to a lose-lose situation, and upholding multilateralism and strengthening the opening up and cooperation are the right options.

    The ECB is pleased to establish a meeting mechanism of the central bank governors with China and hold its first meeting, and is committed to strengthening communication and coordination with Chinese financial institutions, expanding and deepening cooperation areas, and jointly addressing global challenges, Lagarde said.

    MIL OSI China News –

  • MIL-OSI: Sky Quarry Applies for Recycling Permit to Launch Integrated Energy Facility in Utah

    Source: GlobeNewswire (MIL-OSI)

    WOODS CROSS, Utah, June 12, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced that it has filed a Waste Management Recycling Permit application to Utah regulators. If approved, the permit would allow the Company to operate a combined oil sands extraction and waste asphalt shingle recycling facility at its PR Spring site, unlocking new commercial pathways and expanding revenue-generating operations.

    The application is accompanied by a request to the School and Institutional Trust Lands Administration (SITLA), the Utah state agency responsible for managing trust lands on behalf of public education, for approval of a combined permit structure. This would allow Sky Quarry and its wholly owned subsidiary, 2020 Resources, to consolidate shingle processing, heavy oil extraction, and asphaltic sand production under a unified sustainable waste energy development plan.

    If approved, the permit would open the door to several operational initiatives at the PR Spring site, including:

    • Commercialization of approximately $1 million in asphaltic sand inventory.
    • Deployment of the Company’s ECOSolv process to support on-site heavy oil extraction.
    • Continued advancement of recycled product development through R&D.
    • Demonstration of scalable remediation methods applicable across U.S. markets.

    Sky Quarry projects a combined recovery of approximately 10 million barrels over a 15-year period from oil sands and recycled shingles, based on the PR Spring facility’s operating capacity of 2,000 barrels per day.

    “This is a critical step in scaling our waste-to-energy platform and creating multiple revenue streams from a single operational footprint,” said David Sealock, Chief Executive Officer and Chairman of the Board of Sky Quarry. “It will allow us to showcase how our blended recycling and extraction model functions at a commercial level.”

    The permit application also represents a meaningful step forward in Sky Quarry’s commercial roadmap, aligning with the Company’s long-term vision to integrate recycling and resource recovery. It is expected to:

    • Enable early-stage cash flow from asphaltic sand and oil sales.
    • Strengthen the Company’s ESG and sustainability profile.
    • Enhance the long-term strategic value of its oil sands assets.

    Mr. Sealock continued, “This application and lease proposal reflects our continued progress toward developing scalable, commercially viable solutions that we believe align with Utah’s economic and environmental priorities. We look forward to working closely with SITLA and state regulators to move this vision forward.”

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ: SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include ”forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 10-K as filed with the SEC on March 31, 2025, as well as the Company’s Form 10-Q as filed with the SEC on May 15, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Jennifer Standley
    Director of Investor Relations
    Ir@skyquarry.com

    Company Website
    www.skyquarry.com

    The MIL Network –

  • MIL-OSI: LPL Financial Welcomes Runyan Capital

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 12, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor Jeff Runyan has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving approximately $330 million in advisory, brokerage and retirement plan assets* and joins LPL from Wedbush Securities.

    Based in Beverly Hills, Calif., Runyan grew up in Missouri, where his passion for financial discipline took root early and deepened over time. After beginning his career in wealth management in 2001, he set out to fulfill a lifelong dream of building his own firm. In 2010, he founded Runyan Capital, an independent firm dedicated to delivering an elevated wealth management experience. With over two decades of experience in investment management, Runyan remains grounded in the midwestern values that shaped him, earning a reputation as a trusted advisor known for thoughtful guidance and a deep commitment to helping clients make confident, informed financial decisions.

    “Our guiding principle is: ‘Discipline Makes the Difference,’” Runyan said. “The Runyan Capital process of building portfolios for each client incorporates behavioral economics research, taking a disciplined and proactive approach that helps prevent reactionary changes, aligns with each client’s individual goals, and contributes to their long-term success.”

    Looking for improved technology offerings, more autonomy and the opportunity to amplify the elevated client experience, the Runyan Capital team, which includes Connor Brumfield, Sam Aamot and Jenni Runyan, Jeff’s wife, turned to LPL.

    “We chose to partner with LPL because of its size, scale and reputation, as well as their impressive integrated and streamlined technology,” Runyan said. “Making the move to LPL will allow us to take our business to the next level and provide our clients with an enhanced level of service.”

    Outside of work, Runyan enjoys spending time with his wife and two children and is an avid endurance athlete, having run marathons around the world. He has served on several boards, including the Rotary Club of Beverly Hills, PIMCO’s Investment Management Member Advisory Board for Financial Advisors and The Friends of Greystone in Beverly Hills. A proud alumnus of the University of Missouri, he remains an active supporter of its faculty and programs and is a lifetime member of the university’s Chancellor’s Fund for Excellence.

    Scott Posner, LPL Managing Director, Business Development, said, “We welcome Jeff, Connor, Sam and Jenni to the LPL community and congratulate them on this milestone in the evolution of their practice. Just as the Runyan Capital team offers their unwavering dedication to their client’s financial success, we are committed to helping our advisors differentiate themselves and enhance the client experience. We look forward to supporting Runyan Capital in this next chapter of their business.”

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

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Runyan Capital and LPL Financial are separate entities.

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

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

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

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #752320

    The MIL Network –

  • MIL-OSI Analysis: Federal R&D funding boosts productivity for the whole economy − making big cuts to such government spending unwise

    Source: The Conversation – USA – By Andrew Fieldhouse, Visiting Assistant Professor of Finance, Texas A&M University

    Research can make everyone better off.
     Emilija Manevska/Moment via Getty Images

    Large cuts to government-funded research and development can endanger American innovation – and the vital productivity gains it supports.

    The Trump administration has already canceled at least US$1.8 billion in research grants previously awarded by the National Institutes of Health, which supports biomedical and health research. Its preliminary budget request for the 2026 fiscal year proposed slashing federal funding for scientific and health research, cutting the NIH budget by another $18 billion – nearly a 40% reduction. The National Science Foundation, which funds much of the basic scientific research conducted at universities, would see its budget slashed by $5 billion – cutting it by more than half.

    Research and development spending might strike you as an unnecessary expense for the government. Perhaps you see it as something universities or private companies should instead be paying for themselves. But as research I’ve conducted shows, if the government were to abandon its long-standing practice of investing in R&D, it would significantly slow the pace of U.S. innovation and economic growth.

    I’m an economist at Texas A&M University. For the past five years, I’ve been studying the long-term economic benefits of government-funded R&D with Karel Mertens, an economist at the Federal Reserve Bank of Dallas. We have found that government R&D spending on everything from the Apollo space program to the Human Genome Project has fueled innovation. We also found that federal R&D spending has played a significant role in boosting U.S. productivity and spurring economic growth over the past 75 years.

    Measuring productivity

    Productivity rises when economic growth is caused by technological progress and know-how, rather than workers putting in more hours or employers using more equipment and machinery. Economists believe that higher productivity fuels economic growth and raises living standards over the long run.

    U.S. productivity growth fell by half, from an average of roughly 2% a year in the 1950s and 1960s to about 1%, starting in the early 1970s. This deceleration eerily coincides with a big decline in government R&D spending, which peaked at over 1.8% of gross domestic product in the mid-1960s. Government R&D spending has declined since then and has fallen by half – to below 0.9% of GDP – today.

    Government R&D spending encompasses all innovative work the government directly pays for, regardless of who does it. Private companies and universities conduct a lot of this work, as do national labs and federal agencies, like the NIH.

    Correlation is not causation. But in a Dallas Fed working paper released in November 2024, my co-author and I identified a strong causal link between government R&D spending and U.S. productivity growth. We estimated that government R&D spending consistently accounted for more than 20% of all U.S. productivity growth since World War II. And a decline in that spending after the 1960s can account for nearly one-fourth of the deceleration in productivity since then.

    These significant productivity gains came from R&D investments by federal agencies that are not focused on national defense. Examples include the NIH’s support for biomedical research, the Department of Energy’s funding for physics and energy research, and NASA’s spending on aeronautics and space exploration technologies.

    Not all productivity growth is driven by government R&D. Economists think public investment in physical infrastructure, such as construction of the interstate highway system starting in the Eisenhower administration, also spurred productivity growth. And U.S. productivity growth briefly accelerated during the information technology boom of the late 1990s and early 2000s, which we do not attribute to government R&D investment.

    More R than D

    We have found that government R&D investment is more effective than private R&D spending at driving productivity, likely because the private sector tends to spend much more on the development side of R&D, while the public sector tends to emphasize research.

    Economists believe the private sector will naturally underinvest in more fundamental research because it is harder to patent and profit from this work. We think our higher estimated returns on nondefense R&D reflect greater productivity benefits from fundamental research, which generates more widely shared knowledge, than from private sector spending on development.

    Like the private sector, the Department of Defense spends much more on development – of weapons and military technology – than on fundamental research. We found only inconclusive evidence on the returns on military R&D.

    R&D work funded by the Defense Department also tends to initially be classified and kept secret from geopolitical rivals, such as the Manhattan Project that developed the atomic bomb. As a result, gains for the whole economy from that source of innovation could take longer to materialize than the 15-year time frame we have studied.

    Research takes not just time but money, and the government is now cutting that funding.
    Nitat Termmee/Moment via Getty Images

    Role of Congress

    The high returns on nondefense R&D that we estimated suggest that Congress has historically underinvested in these areas. For instance, the productivity gains from nondefense R&D are at least 10 times higher than those from government investments in highways, bridges and other kinds of physical infrastructure. The government has also invested far more in physical infrastructure than R&D over the past 75 years. Increasing R&D investment would take advantage of these higher returns and gradually reduce them because of diminishing marginal returns to additional investment.

    So why is the government not spending substantially more on R&D?

    One argument sometimes heard against federal R&D spending is that it displaces, or “crowds out,” R&D spending the private sector would otherwise undertake. For instance, the administration’s budget request proposed reducing or eliminating NASA space technology programs it deemed “better suited to private sector research and development.”

    But my colleague and I have found that government spending on R&D complements private investment. An additional dollar of government nondefense R&D spending causes the private sector to increase its R&D spending by an additional 20 cents. So we expect budget cuts to the NIH, NSF and NASA to actually reduce R&D spending by companies, which is also bad for economic growth.

    Federal R&D spending is also often on the chopping block whenever Congress focuses on deficit reduction. In part, that likely reflects the gradual nature of the economic benefits from government-funded R&D, which are at odds with the country’s four-year electoral cycles.

    Similarly, the benefits from NIH spending on biomedical research are usually less visible than government spending on Medicare or Medicaid, which are health insurance programs for those 65 years and older and those with low incomes or disabilities. But Medicare or Medicaid help Americans buy prescription drugs and medical devices that were invented with the help of NIH-funded research.

    Even if the benefits of government R&D are slow to materialize or are harder to see than those from other government programs, our research suggests that the U.S. economy will be less innovative and productive – and Americans will be worse off for it – if Congress agrees to deep cuts to science and research funding.

    The views expressed in the Dallas Fed working paper are the views of the authors only and do not necessarily reflect the views of the Federal Reserve Bank of Dallas or the Federal Reserve System.

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

    – ref. Federal R&D funding boosts productivity for the whole economy − making big cuts to such government spending unwise – https://theconversation.com/federal-randd-funding-boosts-productivity-for-the-whole-economy-making-big-cuts-to-such-government-spending-unwise-255823

    MIL OSI Analysis –

  • MIL-OSI Analysis: Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet

    Source: The Conversation – USA – By Magali A. Delmas, Professor of Management, Institute of the Environment and Sustainability, Anderson School of Management, University of California, Los Angeles

    The blue Energy Star label is widely recognized across the U.S. Alex Tai/SOPA Images/LightRocket via Getty Images

    Since the early 1990s, the small blue Energy Star label has appeared on millions of household appliances, electronics and even buildings across the United States. But as the Trump administration considers terminating some or all of the program, it is worth a look at what exactly this government-backed label means, and why it has become one of the most recognizable environmental certifications in the country.

    Energy Star was launched by the U.S. Environmental Protection Agency in 1992 and later expanded in partnership with the Department of Energy with a simple goal: making it easier for consumers and businesses to choose energy-efficient products, helping them reduce energy use and save money, without sacrificing quality or performance.

    As a scholar of energy conservation, I have studied the Energy Star program’s development and public impact, including how it has shaped consumer behavior and environmental outcomes.

    According to the EPA, it has saved consumers an average of US$15 billion a year on energy costs since its inception, a massive return on a program that costs taxpayers an estimated $32 million a year.

    How Energy Star works

    When you see an Energy Star label on a product, it means that product has met strict energy efficiency standards set by the EPA in collaboration with the U.S. Department of Energy, which tests how much energy appliances use. The federal agencies also consult with product manufacturers, utilities and others to figure out how best to improve products and determine how cost-effective changes might be.

    Products that earn the Energy Star certification typically use significantly less energy than standard models, often between 10% and 50% less. The energy – and financial – savings can add up quickly, especially when homes or buildings have multiple Energy Star appliances and systems.

    Energy Star itself does not manufacture or sell products. Instead, it acts as a trusted third-party certifier, providing consumers and businesses with reliable information and clear labeling. It also offers information to help people estimate energy savings and compare long-term costs, making it easier to identify high-performing, cost-effective options. Manufacturers participating in Energy Star seek to improve their environmental reputation and increase their market share, giving them a strong incentive to meet the program’s efficiency criteria.

    Today, the label appears on refrigerators, dishwashers, laptops, commercial buildings and even newly built homes. The government says people in more than 90% of American households recognize the label.

    Energy Star-certified appliances include upright freezers, clothes washers and many other types of home equipment, which use between 10% and 50% less energy than uncertified items.
    AP Photo/Joshua A. Bickel

    People don’t always choose efficient products

    Energy Star seeks to tackle a wide range of problems that can result in people deciding not to buy energy-efficient products.

    One problem is that efficient models often come with higher up-front costs. While efficient models save money over time, that higher purchase price can discourage buyers. Energy Star helps counter this problem by clearly showing how much money can be saved on energy costs over the lifetime of the product – as compared with noncertified products – and by offering rebates that reduce the initial expense.

    Another problem involves what economists call “split incentives.” A landlord might not want to pay a higher price up front for energy-efficient appliances if the tenants are the ones who will save money on the utility bills. And renters may not want to spend a lot of money on appliances or equipment in a place they do not own. Energy Star tries to bridge this divide by promoting whole-building certifications, which encourage landlords to invest in their buildings’ energy efficiency with the goal of making their properties more attractive to tenants.

    The countless varieties of refrigerators, dishwashers, air conditioners and other items on the market can also create confusion. Consumers who just look at manufacturers’ promotional material may find it very hard to determine which appliances truly deliver better energy efficiency. The Energy Star label makes this comparison easier: If the label is there, it is among the most efficient choices available.

    And consumers are often skeptical of manufacturers’ claims – especially when it comes to new technologies or environmental promises. Energy Star’s status as a program backed by the government, rather than a private company, gives it a level of independence and credibility that many other labels lack. People know the certification is based on science, not sales tactics.

    Lastly, Energy Star helps overcome the problem that many people are not aware of how much energy their appliances consume, or how those choices contribute to climate change. By connecting everyday products to larger environmental outcomes, Energy Star helps consumers understand the effects of their decisions, without needing to become energy experts.

    The program delivers real results

    Since its inception, more than 800,000 appliance models have earned Energy Star certification based on the criteria for their type of product.

    The same principles that make the label valuable for consumer appliances – independent certification, clear metrics and a focus on results – have proved equally effective in real estate. Nearly 45,000 commercial buildings and industrial plants have earned certification. And there have been more than 2.5 million Energy Star-certified homes and apartments built in the U.S.

    In 2023 alone, over 190,000 new homes and apartments were certified, representing more than 12% of all new residential construction nationwide.

    Energy Star-certified homes are designed to be at least 10% more energy efficient than those built to standard building codes, with more insulation and windows and lights that are energy-efficient, as well as appliances. These enhancements can translate to better quality, comfort and long-term cost savings for homeowners.

    Commercial buildings, which account for about 18% of total U.S. energy use, have also benefited substantially. Research I was involved in found that certified commercial buildings use an average of 19% less energy than their noncertified counterparts.

    Computers can sleep, too – not just cats. Both types conserve energy.
    Markus Scholz/picture alliance via Getty Images

    Why government leadership matters

    Energy Star’s status as a government-led label contributes to its credibility as a more neutral and science-based source of information than commercial labels.

    Energy Star’s government connections also bring scale: By requiring federal purchases to have Energy Star certifications, the federal government can influence manufacturers. For example, a federal executive order in 1993 required government agencies to purchase only computers that had been Energy Star-certified, which required them to have energy-saving sleep functions.

    In response, manufacturers began including the feature so they could sell their products to the government. Consumers soon came to expect the sleep feature on all computers.

    A quiet success story in energy and climate

    Energy Star does not grab headlines. It does not rely on regulation or mandates. Yet it has quietly become one of the most effective tools the U.S. has for improving energy efficiency across homes, offices and public buildings.

    That said, the program is not without its limitations. Some critics have pointed out that not all certified products consistently perform at the highest efficiency levels. Other critics note that the benefits of Energy Star are more accessible to wealthier consumers who can afford up-front investments, even with available rebates. And the EPA itself has, at times, struggled to manage the certification process and update standards in line with the latest technological advances.

    At a time when energy costs and climate concerns are rising, Energy Star stands out as a rare example of a practical, nonpartisan program that delivers real benefits. It helps individuals, businesses and communities save money, lower emissions and take part in a more sustainable future – one smart decision at a time.

    Magali Delmas received funding from the US EPA in 2002 for research on Environmental Management Strategies and Corporate Performance.

    – ref. Energy Star, on the Trump administration’s target list, has a long history of helping consumers’ wallets and the planet – https://theconversation.com/energy-star-on-the-trump-administrations-target-list-has-a-long-history-of-helping-consumers-wallets-and-the-planet-258152

    MIL OSI Analysis –

  • MIL-OSI Analysis: Older adults with dementia misjudge their financial skills – which may make them more vulnerable to fraud, new research finds

    Source: The Conversation – USA – By Ian McDonough, Associate Professor of Psychology, Binghamton University, State University of New York

    Older adults generally have a good sense of their own financial abilities – unless they have dementia. shapecharge/E+ via Getty Images

    Older adults diagnosed with dementia lose their ability to assess how well they manage their finances, according to a recent study I co-authored in The Gerontologist. In comparison, people of the same age who don’t have dementia are aware of their financial abilities – and this awareness improves over time.

    For our study, we used data from over 2,000 adults in the U.S. age 65 and older, collected during a long-term study on aging.
    We focused on how participants’ financial skills changed over time. The study began in 1998 and is still running, but we probed data collected between 1998 and 2009.

    Participants were assessed at one year, two years, five years and 10 years for their ability to carry out everyday tasks, including ones that required handling money. For example, they had to calculate the cost of a gym membership and a store discount rate, fill out part of a tax return and assess the cost of medical services. They also rated how well they thought they could do everyday financial tasks. Initially, none of the participants were diagnosed with dementia, but over the course of the decade, 87 participants, or 3.1%, received a dementia diagnosis.

    We found that even though participants’ performance on financial tasks declined as they aged, older adults who did not have dementia and older adults who had mild cognitive impairment were appropriately aware of their financial abilities. What’s more, that awareness increased over time. However, participants who were diagnosed with dementia during the study and experienced severe cognitive decline often misjudged how well they performed financial tasks.

    Financial scams targeting older adults are on the rise.

    The lack of insight into one’s cognitive abilities is called anosognosia. This study reveals a new type called financial anosognosia.

    Why it matters

    As people get older, their financial management skills start to deteriorate. The combination of a lifelong accumulation of wealth, declining financial abilities and a lack of awareness of those declines puts older adults at serious risk for financial scams.

    Few tools are available that can support families in helping cognitively impaired adults manage their finances. Our research suggests that there is a critical window of time after people begin to experience cognitive decline during which they are still aware of their financial abilities. We believe that this is when people can take action to secure their finances and develop systems to protect themselves from fraud.

    What still isn’t known

    Close friends or family members are often tempted to take away the financial autonomy of an older adult who is mismanaging their finances. However, that may not be the best solution, particularly for people who feel that handling their finances is a core part of their identity. More research is needed to identify how best to balance personal autonomy and the need to protect a person’s finances.

    What’s next

    This study used paper-and-pencil tasks to assess financial performance. But increasingly, many older adults are using online banking.

    E-banking simplifies many calculations, which may be helpful for older adults with declining cognition. However, e-banking can also make finances more of a black box, which may decrease a person’s awareness of their financial abilities. Furthermore, e-banking is constantly advancing, putting older adults at a disadvantage because they are more likely to be less cognitively flexible and to learn more slowly.

    We hope to explore whether older adults with and without cognitive decline have similar awareness of their ability to appropriately manage their finances online and identify potential financial scams.

    The Research Brief is a short take on interesting academic work.

    Ian McDonough receives funding from The National Institutes of Health.

    – ref. Older adults with dementia misjudge their financial skills – which may make them more vulnerable to fraud, new research finds – https://theconversation.com/older-adults-with-dementia-misjudge-their-financial-skills-which-may-make-them-more-vulnerable-to-fraud-new-research-finds-256973

    MIL OSI Analysis –

  • MIL-OSI Analysis: How a new bus line in Philadelphia is defying post-pandemic transit trends

    Source: The Conversation – USA – By Julene Paul, Assistant Professor of Planning, University of Texas at Arlington

    The 49 bus connects the Strawberry Mansion, Grays Ferry and University City neighborhoods. Courtesy of SEPTA

    When the Southeastern Pennsylvania Transportation Authority launched the 49 bus route in Philadelphia in early 2019, those who most benefited were older adults and people who already ride the bus – and not commuters who were persuaded to ditch their cars for public transportation, according to our new research.

    Some of the largest benefits of Route 49 came in saved time and fewer transfers for existing users of other transit routes.

    We are a professor of city planning and a professor of statistics and data science who recently published a study on Route 49, SEPTA’s newest local bus service, in the peer-reviewed journal Transportation Research Record.

    Route 49 launched in early 2019 and was the first local bus service that SEPTA added to its system in nearly a decade. It connects two residential Philadelphia neighborhoods – Strawberry Mansion in North Philadelphia and Grays Ferry in South Philadelphia – with the job-rich University City area in West Philadelphia.

    Public transit agencies often try to court “choice” riders – people who have a reasonable chance of choosing to either drive or use public transportation for a given trip, and who tend to be higher income.

    SEPTA, however, didn’t necessarily focus on choice riders with the design of Route 49. But planners at the agency did tell us during our data collection that many commuters to University City don’t take public transit.

    We found that early riders of Route 49 tended to be previous transit riders who seldom drove before the line’s launch. They took other SEPTA buses, or did not make that trip.

    Riders ages 65 and older, who are less likely to be commuters, were even more likely to have simply switched bus routes to make the same trip they regularly made before the new service line began.

    Why it matters

    While ridership on most SEPTA routes has declined in the post-pandemic era, Route 49 is one of the only Philly bus or train lines to see ridership growth. It had the largest post-COVID rebound of any bus line in SEPTA’s network.

    For new bus and rail lines to be financially sustainable, they must attract enough riders. The fares those riders pay allow agencies to run services more regularly and have the line be cost effective.

    While it’s always difficult to attract new riders, the past few years have been especially challenging for U.S. transit agencies. National transit ridership remains only about 80% of what it was when the COVID-19 pandemic began in early 2020.

    Getting people back onto buses and trains will require agencies to understand what attracts people to new transit lines. If public transit agencies want to recapture ridership and echo the success of bus services like Route 49, it may be best for them to talk to current users rather than potential public transit converts.

    How we do our work

    To understand how new riders used Route 49, we boarded Route 49 buses throughout the route and conducted in-person surveys with over 350 riders in early 2019. We wanted to capture feedback and data from users of the service shortly after it was launched.

    In addition to asking riders what they used Route 49 for and how they took the same trip before its launch, we recorded characteristics such as age, income and gender.

    What’s next

    Drawing on our 2019 survey data, we plan to explore how new Route 49 riders learned about the transit line and decided to begin riding the new service. Did they hear about it from agency flyers or websites? From seeing new bus lines on the road, or from friends discussing it? Analyzing these answers can help transit agencies enhance access for all travelers.

    The Research Brief is a short take on interesting academic work.

    Read more of our stories about Philadelphia.

    The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. How a new bus line in Philadelphia is defying post-pandemic transit trends – https://theconversation.com/how-a-new-bus-line-in-philadelphia-is-defying-post-pandemic-transit-trends-256064

    MIL OSI Analysis –

  • MIL-OSI Europe: 2025 European Heritage Awards winners announced

    Source: European Union 2

    European Commissioner for Intergenerational Fairness, Youth, Culture and Sport, Glenn Micallef, congratulated all the 2025 laureates:

    Europe stands as a global cultural powerhouse. It is our duty and responsibility to ensure future generations can experience the richness and diversity of our heritage. The European Heritage Awards / Europa Nostra Awards not only reflect how cultural heritage is deeply valued in Europe, but they also celebrate and honour this legacy and the ongoing efforts of cultural professionals and volunteers working across the continent to safeguard and promote it. By advancing inclusivity, fostering solidarity, promoting international cooperation, and encouraging intergenerational dialogue, they embody the very essence of our European values. Congratulations to the winners for their outstanding achievements and essential contributions.

    Awards ceremony at the European Cultural Heritage Summit

    The Grand Prix laureates and the Public Choice Award winner – each receiving €10 000 – will be announced during the ceremony taking place at the iconic Art Deco building Flagey in Brussels on 13 October, during the European Cultural Heritage Summit 2025.

    About the European Heritage Awards / Europa Nostra Awards

    The European Heritage Awards / Europa Nostra Awards have been running since 2002. They were set up by the European Commission, and are run by Europa Nostra. The action is co-funded under the Creative Europe Programme of the European Union. 

    For 23 years, the Awards have been a key tool to recognise and promote the multiple values of cultural and natural heritage for Europe’s society, economy and environment.

    Three of this year’s winners come from countries that are not associated to Creative Europe, namely the Holy See, Moldova, and the United Kingdom. As they cannot benefit from the EU’s programme, they are honoured by Europa Nostra with a separate ‘Europa Nostra Award’ instead.

    MIL OSI Europe News –

  • MIL-OSI: Sagtec Projects 92% Revenue Growth for FY2025

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, June 12, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a next-generation provider of customizable AI, robotics, and automation platforms, today issued financial guidance for the fiscal year ending December 31, 2025. The Company is forecasting FY2025 revenue of approximately US$22.3 million, a 92% year-over-year increase compared to US$11.6 million in FY2024.

    This sharp growth trajectory is being driven by robust commercial adoption of Sagtec’s proprietary AI-powered Robotics-as-a-Service (RaaS) and software platforms, which are being deployed across multiple high-growth sectors, including hospitality, logistics, and smart retail. Expansion into underserved markets in Southeast Asia and the Gulf region is also contributing significantly to the Company’s pipeline.

    FY2025 Financial Highlights & Strategic Growth Catalysts

         
      FY2024 Results   FY2025 Financial Guidance   Change  
      USD   USD   %  
    Revenue 11,631,930     22,333,305     92 %
    Cost of Service (8,912,274 )   (17,468,057 )   96 %
    Gross Profit 2,719,656     4,865,248     79 %
    Operating Expenses (655,713 )   (1,219,626 )   86 %
    EBIDTA 2,340,791     3,932,528     68 %
    Net Profit 1,602,879     2,564,606     60 %

    Key Investor Highlights:

    • Rapid deployment of AI robotics across Malaysia, Indonesia, Hong Kong, and the UAE
    • Recurring revenue growth via SaaS + RaaS subscription models
    • Expansion of proprietary platform stack into logistics automation and smart retail
    • Strategic investment in AI intellectual property, software licensing, and backend infrastructure
    • Increasing operating leverage through modular platform standardization

    Platform Momentum and Sectoral Expansion

    Sagtec’s AI-powered service robotics platform, launched in Q2 2025, is already being adopted by leading hospitality and F&B groups. The platform combines hardware leasing, computer vision, and predictive analytics into a modular, revenue-generating stack. Management expects a strong acceleration in annual recurring revenue (ARR) through high-margin upselling of AI features, smart workflow automation, and cross-sector integrations.

    “This forecast reflects our conviction in Sagtec’s platform scalability, market readiness, and execution discipline. We are building a high-margin, high-velocity business model with AI at its core,” said Kevin Ng, Chairman, Executive Director, and CEO of Sagtec. “With a growing client base, expanding IP, and intensifying regional demand, 2025 is shaping up to be an inflection point for Sagtec’s long-term value creation.”

    Strategic Focus: Emerging Markets and Smart Automation

    Sagtec is strategically targeting digitally underserved economies in Southeast Asia and the Middle East, where rising labor costs and digital transformation tailwinds create an urgent demand for automation. In tandem, the Company is doubling down on platform R&D to extend its AI applications from hospitality to logistics, retail operations, and smart city automation.

    To support scalable growth, Sagtec is actively investing in:

    • Core AI algorithm optimization
    • Hardware-agnostic automation interfaces
    • Seamless RaaS and SaaS monetization across verticals
    • Regional support infrastructure and partner enablement programs

    Upcoming Earnings Call

    Sagtec will announce its first half 2025 financial results and host earnings call in July 2025, providing investors with further visibility into:

    • Revenue composition and ARR momentum
    • Client acquisition and market entry performance
    • Operational and margin expansion initiatives

    About Sagtec Global Limited

    Sagtec Global Limited (NASDAQ: SAGT) is a leading provider of customizable AI and automation platforms. Focused initially on the F&B sector, the Company now serves cross-sector industries with its proprietary Robotics-as-a-Service (RaaS) and AI software stack. Sagtec also operates a nationwide network of mobile charging stations through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of applicable U.S. securities laws. These statements are not historical facts, but rather are based on the current expectations, assumptions, and projections of Sagtec Global Limited (the “Company”) regarding future events. Forward-looking statements are generally identified by words such as “anticipates,” “believes,” “expects,” “intends,” “plans,” “projects,” “seeks,” “may,” “will,” “should,” “could,” “estimates,” “potential,” or similar expressions, including the negative thereof.

    These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the Company’s ability to expand its regional presence, scale its Robotics-as-a-Service (RaaS) and Software-as-a-Service (SaaS) offerings, strengthen its AI software and automation infrastructure platforms, and commercialize its AI-powered service robotics; as well as broader risks relating to macroeconomic conditions, geopolitical developments, global health crises, competitive dynamics, and evolving data privacy and cybersecurity regulations.

    The Company disclaims any obligation to update or revise any forward-looking statements contained herein, whether as a result of new information, future events, or otherwise, except as required under applicable law. Investors are cautioned not to place undue reliance on any such forward-looking statements.

    Further information on these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Phone: +6011-6217 3661
    Email: info@sagtec-global.com

    The MIL Network –

  • MIL-OSI: Micron and Trump Administration Announce Expanded U.S. Investments in Leading-Edge DRAM Manufacturing and R&D

    Source: GlobeNewswire (MIL-OSI)

    Micron Plans to Invest Approximately $200 Billion in Semiconductor Manufacturing and R&D in Idaho, New York and Virginia, Enhancing Domestic Memory Supply and Technology Leadership

    Micron to Build Second Leading-Edge Memory Manufacturing Fab in Idaho, Modernize and Expand Virginia Fab and Bring End-to-End High Bandwidth Memory (HBM) Manufacturing Capabilities to U.S. to Meet Anticipated AI-Driven Demand

    BOISE, Idaho, June 12, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) and the Trump Administration today announced Micron’s plans to expand its U.S. investments to approximately $150 billion in domestic memory manufacturing and $50 billion in R&D, creating an estimated 90,000 direct and indirect jobs. As part of today’s announcement, Micron plans to invest an additional $30 billion beyond prior plans which includes building a second leading-edge memory fab in Boise, Idaho; expanding and modernizing its existing manufacturing facility in Manassas, Virginia; and bringing advanced packaging capabilities to the U.S. to enable long-term growth in High Bandwidth Memory (HBM), which is essential to the AI market. Additionally, Micron is announcing a planned $50 billion domestic R&D investment, reaffirming its long-term position as the global memory technology leader. As previously announced, Micron’s investment includes its ongoing plans for a megafab in New York.

    Micron’s approximately $200 billion broader U.S. expansion vision includes two leading-edge high-volume fabs in Idaho, up to four leading-edge high-volume fabs in New York, the expansion and modernization of its existing manufacturing fab in Virginia, advanced HBM packaging capabilities and R&D to drive American innovation and technology leadership. These investments are designed to allow Micron to meet expected market demand, maintain share and support Micron’s goal of producing 40% of its DRAM in the U.S. The co-location of these two Idaho fabs with Micron’s Idaho R&D operations will drive economies of scale and faster time to market for leading-edge products, including HBM.

    Micron has already achieved key construction milestones on its first Idaho fab with DRAM output scheduled to begin in 2027. The second Idaho fab will increase Micron’s production of DRAM in the U.S., serving growing market demand fueled by AI, while the company expects to begin ground preparation in New York later this year following completion of state and federal environmental review processes. Micron expects its second Idaho fab to come online before the first New York fab. Micron will continue to manage its supply growth consistent with market conditions.

    Following the completion of the second Idaho fab, Micron plans to bring advanced HBM packaging capabilities to the U.S. Additionally, Micron has finalized a $275 million CHIPS Act direct funding award supporting its investment to expand and modernize its Manassas, Virginia facility, which will begin this year. This investment will onshore Micron’s 1-alpha DRAM node, reinforcing the company’s ongoing commitment to key sectors including industrial, automotive, defense and aerospace, and medical devices.

    “Micron’s U.S. memory manufacturing and R&D plans underscore our commitment to driving innovation and strengthening the domestic semiconductor industry,” said Micron Chairman, President and CEO Sanjay Mehrotra. “This approximately $200 billion investment will reinforce America’s technological leadership, create tens of thousands of American jobs across the semiconductor ecosystem and secure a domestic supply of semiconductors—critical to economic and national security. We are grateful for the support from President Trump, Secretary Lutnick and our federal, state and local partners who have been instrumental in advancing domestic semiconductor manufacturing.”

    “President Trump has made it clear that the time to build in America is now,” said Secretary of Commerce Howard Lutnick. “In partnership with the Department of Commerce, Micron is announcing a $200 billion semiconductor manufacturing and R&D investment to bring the full spectrum of memory chip production back to the United States. Micron’s planned investment will ensure the U.S. advances its lead across critical industries like AI, automotive, and aerospace & defense.”

    Micron anticipates that all of its U.S. investments will be eligible for the Advanced Manufacturing Investment Credit (AMIC), and the company has already secured support at the local, state and federal level. This includes up to $6.4 billion in CHIPS Act direct funding to support the construction of two Idaho fabs and two New York fabs, as well as the expansion and modernization of its Virginia fab. Micron applauds Rep. Tenney (R-NY) for introducing the Building Advanced Semiconductors Investment Credit Act, which would increase AMIC to 35% and extend it by four years. Strengthening AMIC will help ensure investment in U.S. semiconductor manufacturing over the next four years and support long-term growth, reestablishing America’s leadership in this critical industry.

    Satya Nadella, Chairman and CEO, Microsoft
    “Strengthening semiconductor manufacturing in the U.S. will drive new innovation, create high-skilled jobs, and further American competitiveness. We applaud Micron Technology and the Trump Administration on this critical initiative to advance the country’s leadership in this vital industry.”

    Jensen Huang, Founder and CEO, NVIDIA
    “Micron’s investment in advanced memory manufacturing and HBM capabilities in the U.S., with support from Trump Administration, is an important step forward for the AI ecosystem. Micron’s leadership in high-performance memory is invaluable to enabling the next generation of AI breakthroughs that NVIDIA is driving. We’re excited to collaborate with Micron as we push the boundaries of what’s possible in AI and high-performance computing.”

    Tim Cook, CEO, Apple
    “At Apple, we’re proud to work with suppliers in all 50 states — including Micron, whose technology helps power the products our users rely on every day. This new commitment is another great example of American manufacturing leadership, and we look forward to building on our work together.”

    Michael Dell, Chairman and CEO, Dell Technologies
    “Micron’s commitment to expanding U.S. memory production marks a pivotal moment for the technology industry. As a long-time strategic partner, we collaborate with Micron to develop infrastructure solutions that power AI and general-purpose computing. This investment strengthens the availability of secure, scalable and sustainable memory solutions critical to driving innovation and progress across industries.”

    Matt Garman, CEO, AWS
    “Micron’s investment in expanding memory manufacturing and advanced packaging in the U.S. is a significant milestone for the semiconductor industry. At AWS, we are building the infrastructure that is powering the next generation of generative AI and high-performance computing, and memory is a critical enabler of that mission. Micron’s expansion further strengthens the domestic supply chain for key semiconductor technologies as we continue to deliver products with the performance, scale, security, sustainability, and quality that our customers demand.”

    Dr. Lisa Su, Chair and CEO, AMD
    “Micron’s investment to expand its U.S. presence is both timely and strategically important. Strengthening the domestic semiconductor supply chain is critical as we accelerate innovation in AI and high-performance computing. At AMD, we value our long-standing partnership with Micron and their continued leadership in memory technology, which plays a vital role in enabling our high-performance, energy-efficient computing solutions.”

    Cristiano Amon, President and CEO, Qualcomm Incorporated
    “Micron’s investment in U.S.-based memory manufacturing is a significant milestone for the semiconductor industry. As a key technology player and longstanding partner, we value Micron’s commitment to strengthening the domestic semiconductor supply chain, which is crucial for our supply chain resilience and diversification. This vital investment not only supports American innovation across a wide range of industries including automotive, and beyond, but also, ensures that critical technologies are securely and reliably available. We are proud to support this initiative, which enables the growth and sustainability of U.S. manufacturing.”

    To support the growth of the U.S. semiconductor industry, Micron has committed over $325 million to develop the next-generation workforce and strengthen communities across Idaho, New York and Virginia. This investment includes semiconductor curriculum development, community college partnerships for apprenticeships, university partnerships and other programs aimed at expanding access to semiconductor careers. These ongoing efforts will be critical to building a robust talent pipeline that will support Micron’s long-term and U.S. technology leadership.

    About Micron Technology, Inc. 
    Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

    Forward-Looking Statements

    This press release contains forward-looking statements, including statements regarding the investments in and development of manufacturing facilities, expected tax credits and incentives, fab opening and output timing expectations, expected market share and bit demand growth, and job creation and community impact. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents Micron files with the Securities and Exchange Commission, specifically its most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause Micron’s actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at https://investors.micron.com/risk-factor. Although Micron believes that the expectations reflected in the forward-looking statements are reasonable, Micron cannot guarantee future results, levels of activity, performance, or achievements. Micron is under no duty to update any of the forward-looking statements after the date of this press release to conform these statements to actual results.

    Micron Media Relations Contact
    Mark Plungy 
    Micron Technology, Inc.
    +1 (408) 203-2910
    corpcomms@micron.com

    Micron Investor Relations Contact
    Satya Kumar
    Micron Technology, Inc.
    +1 (408) 450-6199
    satyakumar@micron.com

    The MIL Network –

  • MIL-OSI: NextNRG Partners with $13 Billion Renewable Energy Investor Hudson Sustainable Group to Accelerate U.S. Energy Infrastructure Buildout

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 12, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy solutions revolutionizing production, management, and delivery with the Next Utility Operating System®, smart microgrids, wireless EV charging, and on-demand mobile fuel, today announced a strategic partnership with Hudson Sustainable Group LLC, one of the most experienced investment firms in global renewable energy and climate infrastructure.

    The agreement establishes a framework for NextNRG and Hudson to jointly develop, finance, and deploy a national portfolio of energy assets — including utility-scale solar, battery storage, distributed smart microgrids, wireless EV charging infrastructure, and NextNRG’s proprietary Next Utility Operating System®.

    Under the Master Framework Agreement, Hudson will receive priority consideration to fund select projects in NextNRG’s expanding national pipeline. The collaboration also provides NextNRG access to Hudson-led development opportunities in high growth sectors such as fleet electrification, data center power, and municipal energy resiliency.

    Hudson Sustainable Group has mobilized and deployed over $13 billion in capital across renewable power, energy efficiency, and clean transport infrastructure and is recognized for its support of scalable, long-term energy transition projects worldwide. Led by CEO Neil Auerbach, a former Goldman Sachs partner, Hudson brings an innovative approach to clean energy finance, having backed global players such as Recurrent Energy, Sunlight Financial, Powermat and Landis + Gyr.

    “This partnership with Hudson enhances our ability to scale AI-optimized, distributed energy infrastructure at a time when demand for smarter, more resilient power solutions is accelerating,” said Michael D. Farkas, Founder and CEO of NextNRG. “By aligning innovation with growth capital, we believe we’re well positioned to drive project execution, strengthen our commercial pipeline and advance the deployment of next-generation systems that can reduce cost, improve reliability, and support the evolving energy needs of both today and tomorrow.”

    “We are excited to partner with NextNRG,” said Neil Auerbach, Founder and CEO of Hudson Sustainable Group. “Michael is a pioneer in EV charging, and a seasoned entrepreneur. The technology under the hood at NextNRG is breathtaking in its scope and potential. We look forward to assisting the company in monetizing both its IP and downstream portfolios.”

    Execution of individual project financings and terms will be subject to final due diligence, mutual agreement, and completion of definitive documentation.

    About Hudson Sustainable Group
    Hudson Sustainable Group LLC is a private equity firm dedicated to investing in sustainable investments in the energy transition and the built environment. Founded in 2007, Hudson has a long-standing focus on investing in the dynamic sectors of the sustainable economy, including renewable power, energy efficiency, energy storage, sustainable transportation, and sustainable real estate. For more information, visit www.hudsonsustainable.com.

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

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

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

    To find out more visit: www.nextnrg.com

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

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

    The MIL Network –

  • MIL-OSI: Odysight.ai to Participate in the 15th Annual ROTH London Conference on June 25 and 26

    Source: GlobeNewswire (MIL-OSI)

    Omer, Israel, June 12, 2025 (GLOBE NEWSWIRE) — Odysight.ai Inc. (Nasdaq: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, today announced it will participate in the 15th Annual ROTH London Conference taking place June 25–26, 2025, in London, U.K.

    Einav Brenner, Chief Financial Officer, will be available for one-on-one investor meetings on site both days. To schedule a meeting, please contact your ROTH representative.

    About the ROTH London Conference

    The ROTH London Conference provides a unique platform for institutional investors to connect with executive leadership from approximately 70 growth-oriented companies across a range of sectors. Hosted in the heart of one of the world’s leading financial hubs, the event features a highly focused format designed to encourage insightful dialogue through one-on-one and small group meetings. Investors will have the opportunity to gain deeper insight into business strategies, explore sector trends, and evaluate potential investment opportunities.

    ROTH is a relationship-driven investment bank dedicated to supporting growth companies and their investors. Its full-service platform offers capital raising, in-depth equity research, macroeconomic insights, sales and trading, technical analysis, derivatives strategies, M&A advisory, and comprehensive corporate access. ROTH aims to deliver innovative, actionable, and proprietary content while supporting clients throughout every stage of their growth journey.

    About Odysight.ai

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

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

    Investor Relations Contact:
    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com

    Company Contact:
    Einav Brenner, CFO
    info@odysight.ai

    The MIL Network –

  • MIL-OSI: Netcapital Announces Formation of Game Advisory Board

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, MA, June 12, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the formation of its Game Advisory Board to support strategic growth initiatives and deepen engagement with the online game community.

    The Game Advisory Board brings together a select group of industry leaders with expertise in innovative marketing, emerging technologies, strategic partnerships, and operational scale. Appointed members include Trey Smith, Nik Redenko, Greg Engelsbe, Jared Peterson, Peter Voogd, and Nadeem Dossa.

    “Netcapital’s platform is well positioned to resonate with the online game community, which shares our focus on innovation, engagement, and community-driven progress,” said Martin Kay, CEO of Netcapital Inc. “We’re honored to welcome this group of advisors as we expand our relationship with a dynamic digital ecosystem.”

    In connection with their appointments, the Company has granted each Game Advisory Board member stock options under its 2023 Equity Incentive Plan.

    About Netcapital Inc.

    Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

    Forward Looking Statements

    The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Investor Contact

    800-460-0815 ir@netcapital.com

    The MIL Network –

  • MIL-OSI: Turbo Energy Granted Patent for Innovative System Enabling Seamless Storage Integration and Expansion of Photovoltaic Installations

    Source: GlobeNewswire (MIL-OSI)

    VALENCIA, Spain, June 12, 2025 (GLOBE NEWSWIRE) — Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced that it has been granted a new patent for its innovative system designed to integrate energy storage and expand photovoltaic generation in upstream installations. The patented system provides a unique method for enhancing energy efficiency and flexibility in self-consumption solar power systems—particularly those configured to prevent surplus energy from being injected into the electrical grid.

    The patent, (#iP202430282) issued by the Spanish Patent and Trademark Office, covers Turbo Energy’s proprietary system and procedure that enable the addition of energy storage (retrofit) and/or new photovoltaic panels (repowering) to existing installations without requiring complex retrofitting or integration with legacy components. This breakthrough technology ensures that excess photovoltaic energy can be stored and utilized at times of reduced solar generation, significantly optimizing energy usage and minimizing reliance on the external power grid. 

    Unlike conventional systems that regulate or limit generation to prevent grid discharge, Turbo Energy’s patented solution introduces a novel “compensation value” concept. This maintains a predefined minimum grid consumption level, effectively bypassing the limitations of zero-injection configurations. As a result, the system maximizes surplus energy capture and storage during peak production hours and enables seamless scalability of solar infrastructure.

    “This patent represents a major leap forward in distributed energy innovation,” stated Mariano Soria, CEO of Turbo Energy. “Our novel solution empowers solar energy users to take full control of their energy production and storage capabilities, overcoming a critical technical barrier that has long restricted the growth and efficiency of self-consumption systems. We are very proud to continue leading through technological and engineering innovation, underpinned by our goal of powering a more sustainable and intelligent energy future for our customers across the globe.”

    The newly patented technology is already incorporated into Turbo Energy’s next generation of energy management solutions, marketed as SUNBOX Home for residential applications, SUNBOX Industry for commercial and industrial applications and SUNBOX Utility for utility-scale projects.

    About Turbo Energy, S.A.

    Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and South America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management.  Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies.  For more information, please visit www.turbo-e.com.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For more information, please contact:
    At Turbo Energy, S.A.                                                         
    Dodi Handy, Director of Communications                 
    Phone: 407-960-4636                                                
    Email: dodihandy@turbo-e.com  

    The MIL Network –

  • MIL-OSI: CUSIP Request Volumes for New Corporate and Municipal Securities Increase in May

    Source: GlobeNewswire (MIL-OSI)

    NORWALK, Conn., June 12, 2025 (GLOBE NEWSWIRE) — CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for May 2025. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly increase in request volume for new corporate and municipal identifiers.

    North American corporate CUSIP requests totaled 7,835 in May, which is up 2.1% on a monthly basis. On an annualized basis, North American corporate requests were up 3.7% over May 2024 totals. The monthly increase was driven by an 8.2% rise in request volume for U.S. corporate debt identifiers, a 13.8% increase in requests for certificates of deposit (CDs) with maturities shorter than one year and a 5.7% increase in requests for CDs with maturities longer than one year.

    The aggregate total of identifier requests for new municipal securities – including municipal bonds, long-term and short-term notes, and commercial paper – rose 24.6% versus April totals. On a year-over-year basis, overall municipal volumes were up 21.3% through the end of May. Texas led state-level municipal request volume with a total of 154 new CUSIP requests in May, followed by New York (113) and California (109).

    “With the jury still out on the future of potential interest rate cuts in the U.S., issuers were coming to the market at a healthy clip in May,” said Gerard Faulkner, Director of Operations for CGS. “Perhaps most noteworthy is the monthly surge we’ve seen in request volume for new short-term CD identifiers, which suggests that at least some market participants are banking on high rates sticking around for a while longer.”

    Requests for international equity CUSIPs rose 23.3% in May and international debt CUSIP requests rose 21.1%. On an annualized basis, international equity CUSIP requests were up 18.2% and international debt CUSIP requests were up 14.5%.

    To view the full CUSIP Issuance Trends report for May, please click here.

    Following is a breakdown of new CUSIP Identifier requests by asset class year-to-date through May 2025:

    Asset Class 2025 YTD 2024 YTD YOY Change
    Long-Term Municipal Notes 214 160 33.8%
    Private Placement Securities 2,028 1,529 32.6%
    U.S. Corporate Debt 13,627 10,589 28.7%
    Municipal Bonds 4,582 3,744 22.4%
    International Equity 722 611 18.2%
    International Debt 2,768 2,417 14.5%
    Canada Corporate Debt & Equity 2,829 2,479 14.1%
    Syndicated Loans 1,124 1,090 3.1%
    U.S. Corporate Equity 4,769 4,798 -0.6%
    CDs < 1-year Maturity 3,941 4,172 -5.5%
    CDs > 1-year Maturity 3,251 3,573 -9.0%
    Short-Term Municipal Notes 340 394 -13.7%

    About CUSIP Global Services

    CUSIP Global Services (CGS) is the global leader in securities identification. The financial services industry relies on CGS’ unrivaled experience in uniquely identifying instruments and entities to support efficient global capital markets. Its extensive focus on standardization over the past 50 plus years has helped CGS earn its reputation as the industry standard provider of reliable, timely reference data. CGS is also a founding member of the Association of National Numbering Agencies (ANNA) and co-operates ANNA’s hub of ISIN data, the ANNA Service Bureau. CGS is managed on behalf of the American Bankers Association (ABA) by FactSet Research Systems Inc., with a Board of Trustees that represents the voices of leading financial institutions. For more information, visit www.cusip.com.

    About The American Bankers Association

    The American Bankers Association is the voice of the nation’s $24.5 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.5 trillion in deposits and extend $12.8 trillion in loans.

    For More Information:

    John Roderick
    john@jroderick.com
    +1 (631) 584.2200

    The MIL Network –

  • MIL-OSI: Bitget Opens Doors for Syrian Users Enabling Full-Service Suite of Products

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 12, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has now enabled onboarding of Syrian citizens on the platform. This comes following the recent suspension of OFAC sanctions. Syrian citizens and residents can now register on the platform, complete identity verification, and access the full suite of services—ranging from P2P and spot trading to futures and yield-generating products.

    This update holds particular significance for a country that has faced prolonged conflict, economic isolation, and limited access to reliable financial systems. In the absence of stable banking infrastructure, crypto has strong real-life use cases, as a tool for survival, growth, and connectivity to the broader world. The adoption of crypto in Syria shows a deeper truth about the role of crypto in places where traditional systems have failed or aren’t accessible either.

    With this, Syrian users now have access to all major Bitget features, including peer-to-peer (P2P) trading with local currency support, spot and futures markets, copy trading, and Bitget Earn products that enable passive income on crypto holdings. The mobile app and web platform also offer multi-language support and 24/7 security monitoring to ensure safe transactions. Educational content, trading tools, and customer assistance are readily available to guide new users at every step.

    Bitget’s decision to welcome Syrian users stems from a focused strategy to support real use cases in regions where crypto is vital. The inclusion of Syria signals intent to enable access where it is most urgently needed.

     “At Bitget, the priority is clear—reach those who need crypto the most. Our platform is built to serve individuals navigating unstable economies, restricted banking, or political uncertainty. Extending access to Syrian users is part of a larger effort to deliver impactful financial tools where they make the greatest difference,” said Gracy Chen, CEO at Bitget.

    Bitget remains focused on expanding access in regions where crypto plays a critical role in everyday life. For Syrian users, Bitget will play an important role in actively maintaining safe, efficient, and user-friendly channels for participation in crypto. Resources will be allocated to support regional engagement, improve accessibility, and ensure users in Syria are equipped to navigate the cryptospace with industry-leading products and best-in-class tools.

    Effective immediately, Syrian users can now begin their journey with full platform functionality.

    To sign up, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/16978e0d-1c0f-49bc-83eb-007e71f08762

    The MIL Network –

  • MIL-OSI Africa: Crime reduction a priority for Seventh Administration

    Source: South Africa News Agency

    The South African government is determined to deal with crime despite media reports to the contrary.

    This is the word from Minister in the Presidency, Khumbudzo Ntshavheni, who briefed the media in Cape Town on Thursday.

    “Cabinet has noted the continuous debate about crime in South Africa and allegations that there is a lack of a concrete government plan to deal with crime in South Africa. This is despite that on the 23rd of May 2025, the Minister of Police released the 2024/25 fourth quarter [statistics].

    “During this crime statistics release, the Minister of Police outlined the Seventh Administration’s policing priorities,” she said.

    Those priorities are:
    •    Reducing the murder rate;
    •    reducing illegal firearms and tightening controls over legal firearms.
    •    Fighting gender-based violence and femicide (GBV+F) and
    •    dismantling organised crime, including drug trafficking syndicates, cash-in-transit heists, extortion and kidnappings, tackling gang violence and combating corruption both within the South African Police Service (SAPS) and across the country.

    READ | Sexual offences and commercial crime remain a concern

    “The…statistics showed progress of a general decline compared to the same period in the previous financial year. For example, of the 30 high crime police stations in terms of reporting, 13 have recorded lower counts [of crime reporting] and two recorded no change.

    “On farm murders…whereas in principle, government does not categorise South Africans in terms of race, in light of recent misinformation, the following are the statistics; of the farm owners killed – both… were African. Of the farm workers killed, both…of them were Africans and of the five farm managers killed, one was African [thereby] dismantling the misinformation that there is a targeted attack on White commercial farmers or White farmers in general,” she explained.

    READ | More farm murder victims are African, Police Minister

    Furthermore, Operation Shanela continues to score gains against illegal firearms with 128 of those seized recently.

    “The Directorate for Priority Crime Investigations is also continuing its work which resulted in 656 suspects appearing in court, including 364 linked to serious organised crimes, 220 from serious commercial crimes and 72 from serious corruption.

    “On GBVF, a roundtable led by [the] Inter-Ministerial Committee on GBVF will be held…tomorrow at the Atteridgeville Community Hall in Pretoria and this will focus on the National Strategic Plan implementation and progress thereof. It will also evaluate and reinforce the effectiveness and efficiencies of services provided to GBVF victims,” she said.

    Political killings

    Cabinet also welcomed the guilty plea entered into by Sibusiso Ngcengwa in the murder of former ANC Youth League Secretary General and municipal councilor, Sindiso Magaqa.

    Magaqa was killed in 2017 in an apparent hit in KwaZulu-Natal.

    “Cabinet takes political killings seriously more so because the victims of those are people who are committed to the fight against corruption in municipalities or in government.

    “We are hopeful that this breakthrough will shed further light on other players involved in the murder of Mr Sindiso Magaqa,” Ntshavheni said. – SAnews.gov.za

    MIL OSI Africa –