Category: Entertainment

  • MIL-OSI Global: How millions of people can watch the same video at the same time – a computer scientist explains the technology behind streaming

    Source: The Conversation – USA – By Chetan Jaiswal, Associate Professor of Computer Science, Quinnipiac University

    The men’s cricket World Cup final match between Australia and India on Nov. 19, 2023, had a peak of 59 million concurrent streaming viewers. AP Photo/Rafiq Maqbool

    Live and on-demand video constituted an estimated 66% of global internet traffic by volume in 2022, and the top 10 days for internet traffic in 2024 coincided with live streaming events such as the Jake Paul vs. Mike Tyson boxing match and coverage of the NFL. Streaming enables seamless, on-demand access to video content, from online gaming to short videos like TikToks, and longer content such as movies, podcasts and NFL games.

    The defining aspect of streaming is its on-demand nature. Consider the global reach of a Joe Rogan podcast episode or the live coverage of the SpaceX Crew Dragon spacecraft launch – both examples demonstrate how streaming connects millions of viewers to real-time and on-demand content worldwide.

    I’m a computer scientist whose research includes cloud computing, which is the distribution of computing resources such as video servers across the internet.

    Netflix claimed that it supported 65 million concurrent streams for the Jake Paul vs. Mike Tyson boxing match on Nov. 15, 2024, though many users reported technical issues.

    ‘Chunks’ of video

    When it comes to video content – whether it’s a live stream or a prerecorded video – there are two major challenges to address. First, video data is massive in size, making it time-consuming to transmit from the source to devices such as TVs, computers, tablets and smartphones.

    Second, streaming must be adaptive to accommodate differences in users’ devices and internet capabilities. For instance, viewers with lower-resolution screens or slower internet speeds should still be able to watch a given video, albeit in lower quality, while those with higher-resolution displays and faster connections enjoy the best possible quality.

    To tackle these challenges, video providers implement a series of optimizations. The first step involves fragmenting videos into smaller pieces, commonly referred to as “chunks.” These chunks then undergo a process called “encoding and compression,” which optimizes the video for different resolutions and bitrates to suit various devices and network conditions.

    When a user requests an on-demand video, the system dynamically selects the appropriate stream of chunks based on the capabilities of the user’s device, such as screen resolution and current internet speed. The video player on the user’s device assembles and plays these chunks in sequence to create a seamless viewing experience.

    For users with slower internet connections, the system delivers lower-quality chunks to ensure smooth playback. This is why you might notice a drop in video quality when your connection speed is reduced. Similarly, if the video pauses during playback, it’s usually because your player is waiting to buffer additional chunks from the provider.

    Video streams come to users at different quality levels based on the user’s device and internet connection.
    Chetan Jaiswal

    Dealing with distance and congestion

    Delivering video content on a large scale, whether prerecorded or live, poses a significant challenge when extrapolated to the immense number of videos consumed globally. Streaming services like YouTube, Hulu and Netflix host enormous libraries of on-demand content, while simultaneously managing countless live streams happening worldwide.

    A seemingly straightforward approach to delivering video content would involve building a massive data center to store all the videos and related content, then streaming them to users worldwide via the internet. However, this method isn’t favored because it comes with significant challenges.

    One major issue is geographic latency, where a user’s location relative to the data center affects the delay they experience. For instance, if a data center is located in Virginia, a user in Washington, D.C., would experience minimal delay, while a user in Australia would face much longer delays due to the increased distance and the need for the data to traverse multiple interconnected networks. This added travel time slows down content delivery.

    Another problem is network congestion. As more users worldwide connect to the central data center, the interconnecting networks become increasingly busy, resulting in frustrating delays and video buffering. Additionally, when the same video is sent simultaneously to multiple users, duplicate data traveling over the same internet links wastes bandwidth and further congests the network.

    A centralized data center also creates a single point of failure. If the data center experiences an outage, no users can access their content, leading to a complete service disruption.

    Content delivery networks

    To address these challenges, most content providers rely on content delivery networks. These networks distribute content through globally scattered points of presence, which are clusters of servers that store copies of high-demand content locally. This approach significantly reduces latency and improves reliability.

    Content delivery network providers, such as Akamai and Edgio, implement two main strategies for deploying points of presence.

    The first is the “Enter Deep” approach, where thousands of smaller point-of-presence nodes are placed closer to users, often within internet service provider networks. This ensures minimal latency by bringing the content as close as possible to the end user.

    This diagram, with the internet backbone at the top and users at the bottom, shows the ‘Enter Deep’ approach to placing content delivery servers ‘deep’ in the network, close to users.
    Chetan Jaiswal

    The second strategy is “Bring Home,” which involves deploying hundreds of larger point-of-presence clusters at strategic locations, typically where ISPs interconnect: internet exchange points. While these clusters are farther from users than in the Enter Deep approach, they are larger in capacity, allowing them to handle higher volumes of traffic efficiently.

    This diagram, with the internet backbone at the top and users at the bottom, shows the ‘Bring Home’ approach to placing content delivery servers between backbone and regional internet service providers.
    Chetan Jaiswal

    Infrastructure for a connected world

    Both strategies aim to optimize video streaming by reducing delays, minimizing bandwidth waste and ensuring a seamless viewing experience for users worldwide.

    The rapid expansion of the internet and the surge in video streaming – both live and on demand – have transformed how video content is delivered to users globally. However, the challenges of handling massive amounts of video data, reducing geographic latency and accommodating varying user devices and internet speeds require sophisticated solutions.

    Content delivery networks have emerged as a cornerstone of modern streaming, enabling efficient and reliable delivery of video. This infrastructure supports the growing demand for high-quality video and highlights the innovative approaches needed to meet the expectations of a connected world.

    Chetan Jaiswal 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. How millions of people can watch the same video at the same time – a computer scientist explains the technology behind streaming – https://theconversation.com/how-millions-of-people-can-watch-the-same-video-at-the-same-time-a-computer-scientist-explains-the-technology-behind-streaming-245131

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Creative industries and growth boosted with new UK-India cultural agreement

    Source: United Kingdom – Executive Government & Departments

    Press release

    Creative industries and growth boosted with new UK-India cultural agreement

    UK’s arts and culture, creative industries, tourism and sport sectors are set to benefit from a major new cooperation agreement with India

    • UK’s arts and culture, creative industries, tourism and sport sectors are set to benefit from a major new cooperation agreement with India
    • Culture Secretary leading a delegation of cultural leaders and UK institutions to Mumbai and New Delhi this week
    • Agreement to boost collaboration between British and Indian creative businesses and cultural institutions, delivering on Plan for Change to drive growth and opportunity

    The UK’s arts and culture, creative industries, tourism and sport sectors are set to benefit from a major new cooperation deal and economic links with India, as the government delivers on its Plan for Change to boost growth and opportunity.

    Culture Secretary Lisa Nandy, who is of Indian heritage, arrived on Thursday for a three-day visit to Mumbai and New Delhi. She has today (Friday) signed a new bilateral Cultural Cooperation Agreement with India’s Minister for Culture and Tourism, Shri Gajendra Singh Shekhawat. She has been joined on the trip by a delegation of senior leaders from VisitBritain, the British Film Institute and the Science Museum, to drive further collaboration between British and Indian creative businesses and cultural institutions.

    The agreement will open the door for increased UK creative exports to India and enable more partnerships between UK and Indian museums and cultural institutions, helping to grow UK soft power. 

    On Thursday the Culture Secretary delivered a keynote speech at the World Audio Visual and Entertainment Summit (WAVES) in Mumbai, which was also attended by the Prime Minister of India, Narendra Modi. Her speech celebrated the living bridge that connects the UK and India, and showcased the strength and attractiveness of the UK’s creative industries, one of the growth-driving sectors identified in the UK government’s Industrial Strategy.

    The Culture Secretary then toured Yash Raj Films Studio, where some of the most popular Bollywood films with audiences in the UK are made. Both the UK and India boast rich cinematic traditions and share a deep mutual interest in each other’s storytelling cultures, and the Culture Secretary wants to see more collaboration between UK and Indian film productions. 

    UK Secretary of State for Culture, Media and Sport Lisa Nandy said: 

    In the arts and creative industries, Britain and India lead the world and I look forward to this agreement opening up fresh opportunities for collaboration, innovation and economic growth for our artists, cultural institutions and creative businesses.

    Growing up as a mixed race child with proud Indian heritage, I saw first hand how the UK’s culture – from food, fashion and film to music, sport and literature – is enriched by the unique contribution of the Indian diaspora. It has given me a deep connection to India’s culture and people and it is an honour to be visiting this magnificent country to forge a closer cultural partnership.

    During the visit:

    • This evening the Culture Secretary will attend a marquee event at the British Council in Delhi, where she will preview performances from India’s Serendipity Arts Festival which is due to hold a mini festival in Birmingham in May and a large-scale event in London next year. 

    • At the same reception, Visit Britain CEO Patricia Yates will launch the Starring GREAT Britain campaign in India, which will draw upon film and TV locations as a driver for inward tourism to the UK. 

    • In the Okhla neighbourhood of Delhi, she will tour boutique fashion houses and workshops and meet a range of Indian fashion designers with UK links.

    • Earlier today the Culture Secretary met female cricketers at the Sharad Pawar Sports Club, ahead of India hosting the Women’s Cricket World Cup in October 2025. On Saturday she will meet football coaches involved in the Premier League Primary Stars programme in India, a partnership between the Premier League and the British Council to improve physical and sports education in primary schools. Earlier this week the Premier League announced it was opening a new office in Mumbai.

    • As well as her meetings with the Minister for Culture and senior Indian government ministers, the Culture Secretary is also expected to meet with significant Indian investors and business leaders.

    Actor and writer Sanjeev Bhaskar said: 

    The creative industries are a powerful, enjoyable way to bring people together so I hope this visit further solidifies a mutual appreciation not just of the long established arts of both countries but also the evolving areas of film, music and theatre that are successfully combining artistic traditions from India and the UK to explore and cement what is a unique relationship.

    Film director Gurinder Chadha said: 

    As a filmmaker who has spent my career celebrating being British Punjabi and honouring the connections between Britain and India, it is great to see our cultural bonds further strengthened through this new agreement from my friend and colleague Lisa Nandy.

    Now we have a real opportunity to unlock exciting new creative opportunities for artists and storytellers to the benefit of both our countries.

    ENDS

    UK-India Programme of Cultural Cooperation Agreement

    • The Culture Secretary and Minister for Culture are expected to formally sign the UK-India Programme of Cultural Cooperation. The two nations will commit to enhancing cultural exchange between the UK and India through the arts and heritage, and to encourage long-term partnerships between UK and Indian businesses and cultural institutions.

    • Implementation will involve the British Council in India and the Indian Ministry of Culture, with participation from major UK cultural institutions including Arts Council England, the British Library, the British Museum, Natural History Museum, Science Museum Group and the V&A Museum. This has the potential for British museums to launch new partnerships on exhibitions or public programmes that engage the Indian diaspora in the UK.

    • The UK will work with India to support best practice and expertise on heritage conservation, museum management and digitisation of collections – including making knowledge contained in South Asian manuscripts more widely accessible, and the protection of cultural property, with both nations committing to combat illicit trafficking of cultural artifacts.

    Further quotes:

    Sir Ian Blatchford, Director and Chief Executive of the Science Museum Group, said: 

    This commitment from the British and Indian Governments to deeper cultural cooperation will further strengthen our relationships with Indian cultural and scientific organisations, helping the Science Museum Group to share ever more fascinating stories of scientific discovery with audiences in both the UK and India.

    Visitors to Science City in Kolkata can explore our Injecting Hope exhibition – which delves into the rapid development of COVID-19 vaccines and was created in partnership with India’s National Council of Science Museums – now on display as part of an international tour that has inspired nearly five million visitors in museums across India, China and the UK.”  

    Tristram Hunt, Director of the V&A, said: 

    The V&A is delighted to contribute to the new UK-India cultural partnership. It will increase our ability to loan more objects from our world-class collection, and build strategic relationships with the booming Indian arts scene across design, fashion, photography, and performance.

    Dr Nicholas Cullinan, Director of the British Museum, said: 

    The British Museum’s collaboration with partner museums across India are some of our deepest and most successful. For example, in Mumbai, we have a groundbreaking partnership with the CSMVS Museum – one of India’s biggest – which is based around the reciprocal exchange of objects, knowledge, and ideas. 

    I’m delighted that the UK-India Cultural Cooperation Agreement recognises, at the highest level, the importance of cultural collaboration between our two countries and we look forward to strengthening these partnerships further.” 

    Director of the Natural History Museum Doug Gurr said: 

    India is clearly a nation of talented, passionate and prolific wildlife photographers! Indian photographers have consistently been well-represented in our prestigious photography competition Wildlife Photography of the Year – and this year we had a record-breaking number of over 300 entrees from India, an increase of 79 per cent!  

    It has been our honour to share the awe-inspiring images of our Indian alumni to millions of people worldwide and we have had the pleasure of collaborating with Dhritiman Mukherjee, Ripan Biswas and Nayan Khanolkar to deliver conservation photography workshops for young people in Kolkata. We are thrilled that our connection continues at the Visual Poetries Photography Festival in Gujarat this summer, with our Competition Manager joining their jury and our Wildlife Photography of the Year Highlights on display throughout.

    Rebecca Lawrence, Chief Executive of the British Library, said: 

    The British Library has a long history of successful collaboration with our peers in India, including on the landmark ‘Two Centuries of Indian Print’ project and through our Endangered Archives Programme. 

    We warmly welcome this agreement which will provide opportunities to further deepen our partnerships, exchange valuable professional skills and insights, and strengthen our shared networks of knowledge and culture.

    More information: 

    • VisitBritain forecasts a record 766,000 visits from India to the UK in 2025, up 7 percent on 2024, with travellers spending £1 billion – a 12 per cent year-on-year growth.

    • The BPI has reported that British music exports to India experienced a significant 26.3 percent increase in revenue. This moves India into the top 20 biggest overseas territories for UK recorded music, and there have recently been tours by major British acts including Coldplay in January and Ed Sheeran in February.

    Updates to this page

    Published 2 May 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Marine Barracks Washington, D.C.: Pic of the Week

    Source: US Global Legal Monitor

    On April 25, 2025, Marine Barracks Washington, D.C., which is located only a few blocks from the Library of Congress in Southeast Washington, D.C., hosted its first Friday evening parade of the season. 

    The Home of the Commandants. Photo by Sarah Friedman.

    In 2025, the U.S. Marine Corps is celebrating its 250th year. The Marine Corps was founded on November 10, 1775 when the Second Continental Congress raised two battalions of Marines as a part of the Continental Army “to be able to serve to advantage by sea when required” in the Revolutionary War. Congress created the modern Marine Corps through an An Act for the establishing and organizing of a Marine Corps, signed into law by President John Adams on July 11, 1798.

    The Marine Band performing at a Friday evening parade at Marine Barracks Washington, D.C. Photo by Sarah Friedman.

    Marine Barracks Washington, D.C. was established in 1801 by President Thomas Jefferson and Lt. Col. William Ward Burrows, the second Commandant of the Marine Corps. It is “the oldest continually active post in the Marine Corps” and the location of the  home of the Commandants of the Marine Corps. The U.S. Marine Corps Barracks and Commandant’s House was listed in the National Register of Historic Places in 1972 and was designated a National Historic Landmark in 1976. According to the National Park Service, “[t]he National Register is the official list of the nation’s historic properties considered worthy of preservation” and it includes over 90,000 properties. Just over 2,600 properties are designated National Historic Landmarks, which “tell stories that are important to the history of the entire nation – not just local communities or states. These properties possess a high degree of historic integrity.”

    The Marine Drum and Bugle Corps performing at a Friday evening parade at Marine Barracks Washington, D.C. Photo by Sarah Friedman.

    Each summer since 1957, the United States Marine Band, the United States Marine Drum and Bugle Corps, and the United States Marine Corps Silent Drill Platoon have performed for audiences at the “Oldest Post of the Corps.” The Marine Band, “The President’s Own,” has a primary mission of providing music to the President and the Commandant of the Marine Corps. The Marine Band traces its roots back to the July 11, 1798 law establishing the Marine Corps, which stated that the Marine Corps should have a drum and fife-major and 32 drummers and fifers. The Marine Drum and Bugle Corps, “The Commandants Own,” was founded in 1934 to augment the Marine Band and to provide music for the Commandant of the Marine Corps and Marine Barracks Washington, D.C. The Silent Drill Platoon, a 24-Marine rifle platoon, was founded in 1948 to perform precision drill exhibitions.

    The Silent Drill Platoon performing at a Friday evening parade at Marine Barracks Washington, D.C. Photo by Sarah Friedman.

    Friday evening parades give the public an opportunity to visit a historic landmark, experience some of the longstanding traditions of Marine Barracks Washington D.C., and learn about the United States Marine Corps’ 250 years of history.


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    MIL OSI USA News

  • MIL-OSI: Empire Metals Limited to Present at the Metals & Mining Virtual Investor Conference May 7th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) — Empire Metals Limited (OTCQB: EPMLF, AIM: EEE), based in London, UK, and Perth, Australia, and focused on the Pitfield Project, the largest titanium discovery globally, today announced that Shaun Bunn, Managing Director, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 7th.

    DATE: May 7th
    TIME: 11:30 AM ET
    LINK: REGISTER HERE

    Shaun Bunn, MD, will be presenting and Empire’s Head of Corporate Development, Arabella Burwell, will be available for 1×1 meetings: May 7, 12 and 13

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    • Confirmation of widespread and continuous, high-grade titanium dioxide (‘TiO2‘) mineralization within the in-situ weathered cap at Pitfield, extending from surface to depths of over 50 meters.
    • Broad, continuous, high-grade zones identified in every hole of drilling program, with an average weathered interval grade of 5.77% TiO2.
    • Preliminary test work delivered a high-purity TiO2 product, which assayed at 91.6% TiO2.
    • The TiO2 product under development at Pitfield is entirely free of any deleterious impurities and is suitable for high-quality titanium sponge metal or high-grade titanium dioxide pigment production.

    About Empire Metals Limited

    Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.

    The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO2) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO2 mineralization, each being over 7km in strike length.

    An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tons with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tons with a grade range of 4.8 to 5.9% TiO2.

    The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.

    Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realize the full value potential of this exceptional deposit.

    The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.

    *The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Empire Metals Limited
    Arabella Burwell
    Corporate Development
    +44 (0) 20 4583 1440
    aburwell@empiremetals.co.uk 

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network

  • MIL-OSI USA: CAHNR’s Class of 2025

    Source: US State of Connecticut

    On May 10 and 12, 2025, the College of Agriculture, Health and Natural Resources (CAHNR) and the Ratcliffe Hicks School of Agriculture will recognize graduates as they meet a major academic milestone.

    Learn about a few of the nearly 600 stellar students who will soon become CAHNR alumni.

    Bendy Al Zaatini, Allied Health Sciences

    Hometown: Waterbury, CT

    Why UConn? Throughout the chaos of the pandemic, I was positive that staying at home while simultaneously building my community at UConn Waterbury would be the right way to start my journey as an undergraduate student at the prestigious school. I was surprised by the number of resources that are available to students. There is always help when needed and many different pathways to achieve success.

    Why your major? I am an Allied Health Sciences major, and I was drawn to it because of the different career opportunities that fall under this major. My plan after graduation is to receive my second bachelor’s degree through CEIN, the accelerated nursing program with UConn, starting January 2026.

    Advice for incoming students? Stay busy, make your presence known, and make sure that everything you are involved in benefits you in different ways. Throughout your many involvements, never forget that you are a student first and prioritize your grades above all else.

    Benjamin Angus, Agricultural and Resource Economics

    Hometown: Avon, CT

    Why UConn? I have been a UConn fan my entire life, so for me it was a no brainer. Coming to Gampel as a kid or tailgating at Rentschler, UConn sports for me wasn’t a hobby, it was a lifestyle.

    Why your major? I am a double major in Environmental Science and Natural Resource Economics. I am eager to join the fight against climate change and am looking forward to wherever that takes me. It is the most pressing issue of our time. After graduation, I am exercising my Covid year and coming back to UConn to get my Masters in Applied Resource Economics. After that, who knows? Wherever the wind takes me.

    Advice for incoming students? When you sit down in class on the first day, talk to the person next to you. Learn their name, get their number, ask them their life story – just put yourself out there and I promise you will meet some incredible human beings. Also, bundle up on a clear winter night and walk to the top of Horsebarn Hill. No one ever looks at the stars in the winter, they are breathtaking.

    Matt Antunes, Plant Science and Landscape Architecture

    Hometown: Smithfield, RI

    Why UConn? UConn was a top ranked school in my choices for college, and I felt like I would get the best education for my major. I felt at home in my time at UConn with the friends and connections I made throughout my four years here.

    Why your major? Plant Science (Sustainable Plant and Soil Systems) – with a turfgrass concentration. I always had a love for turf from a young age. Beginning with just mowing my home lawn as a teenager to eventually building a small putting green, I found I was always around turfgrass systems in my summers. I plan on continuing my education here as a graduate student studying turfgrass pathology, and I plan on working in the golf course industry as an assistant superintendent and hopefully a superintendent down the road.

    Advice for incoming students? Go to a UConn sporting event (especially basketball even if you’re not into it). The energy and atmosphere are unmatched to any other sporting event I’ve been to in my lifetime.

    Jillian Bowen, Pathobiology and Veterinary Science

    Hometown: Trumbull, CT

    Why UConn? The academics were the main draw for me. As an R1 institution, I knew that UConn had a lot of research opportunities, and that really drew me in.

    Why your major? My major is Pathobiology, or disease biology. I attended an agricultural high school and was a member of Future Farmers of America, so I already had an interest in animal science, but the pandemic was definitely a big factor in stimulating my interest in infectious diseases. Pathobiology is a perfect combination of those interests! After graduation, I am planning to attend UConn’s Master of Public Health program with a concentration in epidemiology.

    Advice for incoming students? Variety is the spice of life, so don’t be afraid to try something completely different – learn how to breakdance! Join an improv group! Start a book club! The world is your oyster.

    John-Henry Burke, Natural Resources and the Environment

    Hometown: Suffield, CT

    Why UConn? I chose UConn because I thought it offered the best ‘bang for my buck.’ You get an incredibly large institution with a large number of resources and a diverse array of opportunities for a price that is much more affordable than other schools.

    Why your major? I’m an Environmental Science major with a concentration in Sustainable Systems and a minor in Political Science and a minor in Environmental Economics and Policy. I was drawn to environmental science after taking a class in high school where I learned about climate change, plastic pollution, species extinction, and other threats facing our planet. I’m going to law school in the fall, and I would like to ultimately go into environmental law to advance environmental policy and protect natural areas.

    Top UConn memories? One of the best parts of my UConn experience has been playing in the UConn Marching Band, where I served as Vice President. I’ve met so many amazing people through the band and accomplished a level of musicality I would’ve never imagined possible. Some notable UCMB performances were playing at a New England Patriots game and two Bowl games (Fenway and Myrtle Beach)!

    Christian Carmona, Plant Science and Landscape Architecture

    Hometown: Stamford, CT

    Why UConn? I chose UConn because it helped me the most financially and it was not as far away from my house as others were.

    Why your major? My major is Landscape Architecture, and what drew me to it was that it was a form of architecture I had never heard of before. I was eager to try it out, and it gave me the opportunity to be creative and design spaces for communities. I hope to continue my education and pursue a master’s in architecture.

    Advice for incoming students? Be open minded and ready to learn. You are here for a reason so stay focused on your goals and do not take anything for granted.

    Laura Centanni, Animal Science

    Hometown: Haworth, NJ

    Why UConn? I was leaning towards UConn due to the diversity of species in our barns on campus; however, what tipped the scales in the end was the mascot!

    Why your major? My major is Animal science. I have had a passion for animals and service for as long as I can remember, and I am pursuing my passion of becoming a veterinarian through animal science here at UConn. I have already received my first few acceptances to vet school! Wherever I choose, I know that UConn prepared me well.

    Advice for incoming students? Expand your comfort zone. Let it get so big that nothing is outside of it. UConn is one of the safest environments to explore that you will ever have, so take advantage of it!

    Jessica Harris, Allied Health Sciences

    Hometown: Mansfield, MA

    Why UConn? When it was time for me to look at colleges, I was excited to apply to UConn as is but I also discovered that CAHNR offered the major I was interested in, Allied Health Sciences, as part of the New England Regional Tuition Program. This made UConn such an easy choice for me because of its well-known academic excellence and affordability as an out of state school.

    Why your major? I applied into UConn as an AHS major, because it would allow me to do my prerequisite courses to apply to physical therapy school, but I soon learned that it was not the right path for me. Luckily, AHS is such an adaptable major, intended to cater to your career interests, that I was able to stay on track despite changing paths, and ended up finding exactly what I wanted to do: UConn’s CEIN program.

    Top UConn memories? Going to the UConn Dairy Bar, and 2023 when we won the Men’s National Basketball Championship for the first time in a while.

    Sungwan Kim, Kinesiology

    Hometown: Gyeongju, Republic of Korea

    Why UConn?UConn was my one and only choice because the research topics of my Ph.D. advisor, Dr. Neal Glaviano, perfectly align with my interests. Additionally, the collaborative research culture at UConn offers a unique opportunity to work with leading experts and engage in interdisciplinary projects, further enhancing my professional development.

    Why your major? I am completing my PhD in Exercise Science. Working clinically as a certified athletic trainer, I witnessed firsthand the significant impact that orthopedic conditions have on individuals’ lives. This experience motivated me to investigate how musculoskeletal injuries or pain affect physical and psychological well-being and to explore optimal treatment strategies for rehabilitation and recovery. After graduation, I will start my postdoctoral research fellowship at Boston Children’s Hospital and Harvard Medical School.

    Top UConn memories? One thing everyone should do during their time at UConn is take advantage of the Recreation Center. Whether it’s lifting weights, playing sports, or just taking a break after a long day, it’s a great place to stay active and recharge!

    Gramos Medjolli, Kinesiology

    Hometown: Korça, Albania

    Why UConn? I had heard a lot of great things about UConn from a few people I knew, and I learned what an excellent institution it is. In fact, UConn was the only university I applied to—it was UConn or nothing! I thought to myself, if it’s meant to be, it will be. And it was! At the time, I was living in Germany and already practicing as a physical therapist.

    Why your major? My grandpa always said, “The flowing water always stays fresh.” That’s why I decided to pursue the Doctor of Physical Therapy program at UConn, even after already being a licensed PT in Albania and Germany. I wanted to be the best version of myself in my profession because I love what I do. I truly believe physical therapy is one of the best jobs someone can have. If you’re not making someone else’s life better, then you’re wasting your time. I also want to advocate for the field of physical therapy and create things that will benefit the community.

    Advice for incoming students? Don’t stress too much in advance. He who suffers before it’s necessary will suffer more than necessary. You won’t remember how many hours you studied, but you will remember the beautiful moments and adventures you experienced.

    Yasmin Rosewell, Agricultural and Resource Economics

    Hometown: Las Vegas, NV

    Why UConn? I chose UConn because of its diverse and upbeat environment. The student body is heavily involved in the sports teams, clubs, and educational opportunities the school has to offer.

    Why your major? Economics of Sustainable Development and Management. I was drawn to this because I enjoyed the business aspects of the major, but the department was so involved in the students’ learning and offered great connections and opportunities to learn through different outlets. As an athlete, all of my professors within the department were extremely supportive and accommodating of my absences during the season, and that helped me succeed and learn the material without being overly stressed. After graduation, I plan to travel and then move to New York City and pursue a career in logistics.

    Advice for incoming students? Everyone on this campus is truly rooting for each other. The sense of comradery is one of a kind and the students and staff of UConn are encouraging, inclusive, and collaborative. So be bold. Don’t be afraid to be amazing. There is a place here for everyone and you will find yours. There are always people behind you and in your corner.

    Sydney Seldon, Natural Resources and the Environment

    Hometown: Harker Heights, TX

    Why UConn? I originally came to UConn to play on one of the athletic teams here but when that didn’t work out, I was launched into a time of self-discovery, which unleashed a deeper purpose and passion for spiritual formation and sustainability (both social and environmental).

    Why your major? My major is unique – Environmental Science and an Individualized Major in Sustainable Communities with a Minor in Sustainable Community Food Systems. After graduation, I’ll be joining staff with the Navigators, an international, interdenominational Christian ministry, and walking alongside students as they explore faith and spirituality.

    Advice for incoming students? Be courageous. College brings with it a host of new experiences and opportunities to grow so surrender to it. Allow yourself to be challenged and molded into not only a committed learner, but also a committed individual. Allow your conceptions about the world and yourself to be challenged. Find people who gracefully love you and push you to be the best version of yourself, so that out of that, you can contribute to being a positive influence in the world around you.

    Noah Sneed, Pathobiology and Veterinary Science, Animal Science

    Hometown: Natick, MA

    Why UConn? I chose UConn because of the opportunities for hands-on learning, as well as their extensive commitment to academia and research as an R1 university.

    Why your major? I came into college as an animal science major who was planning on going to veterinary school. I was drawn to it because I have always loved animals, and I was so excited to be able to get hands-on experience working with horses, pigs, sheep, chickens, and of course cows. I was drawn to pathobiology because I realized that further than just administering vaccinations, I was interested in how they worked and the process to make them. I was able to join a pathology research lab on campus, and it has been such an enriching experience. After graduation, I am taking two gap years before medical school. I will be working full time as an EMT in the Boston area, as well as completing a Post-Baccalaureate program at the Tufts Graduate School of Biomedical Sciences.

    Advice for incoming students? Everyone should go to a men’s and women’s basketball game at Gampel Pavilion and sit in the student section. I have never felt so much pride for my school before; it is truly an amazing experience.

    Mingda Sun, Nutritional Sciences

    Hometown: Farmington, CT

    Why UConn? I chose UConn because I am from Connecticut, and did not want to go to school too far away from home. I also chose UConn because it has a strong nutrition and pre-medical program, which were areas of study I wanted to pursue. Moreover, UConn is a large school with students of many different backgrounds, and I felt like it was a place where I could belong and find a community of friends.

    Why your major? I am a nutrition major with a minor in Spanish. I am passionate about how nutrition relates to health and the human body and have worked in numerous community health and public health initiatives as an undergraduate that are related to nutrition and disease prevention. Learning different languages is something I enjoy and believe is an important skill for connecting with patients and populations as a future health care professional. After graduation, I plan to attend medical school and become a doctor!

    Advice for incoming students? Do not be afraid to reach out for support, mentorship, or guidance when you need it. If you have an idea or a passion that you want to pursue, there are faculty and students at UConn who are willing to help you. Don’t be afraid to take the initiative for your own learning!

    Matt Syrotiak, Animal Science

    Hometown: Bethlehem, CT

    Why UConn? I spent a great deal of time here at UConn through 4-H activities and high school FFA competitions. It’s safe to say that the Storrs campus was familiar to me from early on, despite my family having never been and never attending college themselves. While it was the campus and familiarity that drew me to UConn, it was the community of students, faculty, and staff that made me stay.

    Why your major? My major is Animal Science, and I was drawn to it thanks to my involvement with the UConn Extension 4-H program where I worked on my dairy goat project. Through working with my goats, I gained a greater interest in the field, and it was reinforced by my time in agriscience classes throughout high school. UConn was the perfect fit to continue my work in animal science thanks to the proximity of the barns on campus and emphasis of hands-on class work. After graduation, I’ll serve as State 4-H Program Coordinator with UConn Extension, and create meaningful connections for 4-H youth, volunteers, and educators to increase the reach of the college and its community.

    Advice for incoming students? The connections that you gain through being a part of the UConn community are critical to future success whether its classmates, educators, or alumni. You never know when those people will make a new appearance in your life.

    Jonathan Vasquez Garcia, Nutritional Sciences

    Hometown: Willimantic, CT

    Why UConn? Ever since I was little, I was always part of various programs associated with UConn, and when I came to campus, I felt that this school was my calling.

    Why your major? I originally wanted to become a nurse. However, during my fall semester of sophomore year, I took my first nutrition class, where I gained valuable insight into the role of a registered dietitian. Ultimately, I changed my major to pursue a path aligned with my newfound passion for nutrition and sought out experiences that would deepen my understanding of the field. After graduation, I plan to pursue a master’s in clinical nutrition and complete my dietetic internship to become a registered dietitian. Eventually, I plan to work in a clinical setting to further gain foundational knowledge.

    Advice for incoming students? My advice is to have fun and take advantage of all the resources UConn has to offer. And you should diversify your social network; you never know who you will meet.

    MIL OSI USA News

  • MIL-OSI Security: Teenager sentenced for killing a 17-year-old in Hackney

    Source: United Kingdom London Metropolitan Police

    A man has been jailed for killing 17-year-old Nathan Bawuah in Hackney following a Met Police investigation.

    Rio Lue, 18 (25.09.06) of Pembury Road, Hackney was sentenced to 12 years’ imprisonment on Friday, 2 May at Wood Green Crown Court.

    Through the forensic examination and analysis of CCTV, detectives identified Lue riding to the scene on his bike and getting into a confrontation with Nathan. They were then able to prove that he produced a large machete and stabbed him in the chest.

    He was found guilty of manslaughter at Snaresbrook Crown Court on Friday, 29 November.

    He had already pleaded guilty to possession of an offensive weapon.

    Detective Sergeant Dean Musgrove, who led the Met’s investigation, said: “Nathan Bawuah was killed in a brutal cold-blooded assault which lasted seconds, but was so severe he died at the scene.

    “Our thoughts remain as always with Nathan’s friends and family as they move forward with their life, safe in the knowledge that Lue is behind bars where he belongs.”

    Nathan was fatally stabbed just before 23:00hrs in Hackney Road, E2 on Saturday, 17 February 2024.

    Officers and London Ambulance Service rushed to his aid, but despite their efforts, he sadly died at the scene. His family has subsequently been supported by specialist officers.

    Lue answered ‘no comment’ to all police questions, but provided a prepared statement claiming self-defence. He was charged on Wednesday, 21 February 2024 with Nathan’s murder.

    MIL Security OSI

  • MIL-OSI: Draganfly Announces Pricing of US$3.6 Million Underwritten Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Saskatoon, SK., May 02, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,715,000 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$2.10, for gross proceeds of approximately US$3.6 million, before deducting underwriting discounts and offering expenses. The warrants will have an exercise price of CA$3.9779 (or US$2.875) per share, are exercisable immediately and will expire five years following the date of issuance. In addition, the Company granted the underwriter a 45-day over-allotment option to purchase up to an additional 15 percent of the number of common shares and/or warrants offered in the Offering.

    Maxim Group LLC is acting as sole book-running manager 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 May 5, 2025, subject to the satisfaction of customary closing conditions.

    The Offering is subject to customary closing conditions including receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange and notification to the Nasdaq Stock Market.

    The Offering is being made pursuant to an effective shelf registration statement on Form F-10, as amended, (File No. 333-271498) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on July 5, 2023 and the Company’s Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Draganfly will offer and sell the securities in the United States only. No securities will be offered or sold to Canadian purchasers.

    A preliminary prospectus supplement and accompanying Base Shelf Prospectus relating to the Offering and describing the terms thereof has been filed with the applicable securities commissions in Canada and with the SEC in the United States and is available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at www.sedarplus.ca or the SEC’s website at www.sec.gov, as applicable. A final prospectus supplement with the final terms will be filed with the securities regulatory authorities in the Canadian provinces of British Columbia, Saskatchewan and Ontario and the SEC. Copies of the preliminary prospectus supplements, accompanying Base Shelf Prospectus, and final prospectus supplement, when available, relating to the Offering may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About Draganfly

    Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

    Media Contact
    media@draganfly.com

    Company Contact
    Email: info@draganfly.com

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements, based as they are on the current expectations of management, inherently involve numerous important risks, uncertainties and assumptions, known and unknown. In this news release, such forward-looking statements include, but are not limited to, statements regarding the timing, size and expected gross proceeds of the Offering, the satisfaction of customary closing conditions related to the Offering and sale of securities, the intended use of proceeds, and Draganfly’s ability to complete the Offering. Closing of the Offering is subject to numerous factors, many of which are beyond Draganfly’s control, including but not limited to, the failure of the parties to satisfy certain closing conditions, and other important factors disclosed previously and from time to time in Draganfly’s filings with the securities regulatory authorities in the Canadian provinces of British Columbia, Ontario and Saskatchewan and with the SEC. Actual future events may differ from the anticipated events expressed in such forward-looking statements. Draganfly believes that expectations represented by forward-looking statements are reasonable, yet there can be no assurance that such expectations will prove to be correct. The reader should not place undue reliance, if any, on any forward-looking statements included in this news release. These forward-looking statements speak only as of the date made, and Draganfly is under no obligation and disavows any intention to update publicly or revise such statements as a result of any new information, future event, circumstances or otherwise, unless required by applicable securities laws.‎ Investors are cautioned not to unduly rely on these forward-looking statements and are encouraged to read the Offering documents, as well as Draganfly’s continuous disclosure documents, including its current annual information form, as well as its audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.

    The MIL Network

  • MIL-OSI: Maris-Tech Expands European Reach with New Distribution Agreement in Poland

    Source: GlobeNewswire (MIL-OSI)

    Collaboration with Armit Addresses Growing Demand for Defense Video & AI Solutions

    Rehovot, Israel, May 02, 2025 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)- based edge computing technology, today announced that it has entered into a new distribution agreement with Armit Sp. z o.o. (“Armit”), a leading Polish defense solutions provider. The collaboration represents a key step in Maris-Tech’s European growth strategy, which is to expand access to its advanced video streaming, AI, and situational awareness platforms in one of Europe’s most strategically important defense markets.

    Founded in 2015 and headquartered in Warsaw, Poland, Armit specializes in defense system integration, communications infrastructure, and electronic components and serves as a trusted partner to Poland’s armed forces and security agencies. Pursuant to the agreement, Armit will distribute Maris-Tech’s suite of ruggedized video processing and intelligence platforms, including products designed for armored vehicles, drones, naval systems, and mobile tactical units.

    This announcement follows Maris-Tech’s broader strategy to expand its global distribution network, bringing real-time video intelligence and AI-driven situational awareness to more defense customers across Europe and beyond.

    “We’re excited to collaborate with Armit as part of our European expansion,” said Israel Bar, Chief Executive Officer of Maris-Tech. “Armit is an ideal collaborator to help us grow our footprint in this market, enabling a larger customer base to benefit from our innovative AI and video solutions.”

    “At Armit, we pride ourselves on offering the best technology to our customers. We are proud to collaborate with Maris-Tech and look forward to introducing their innovative video and AI edge computing solutions to the Polish market,” said Mr. Dariusz Sobczak, President of Armit.

    About Maris-Tech Ltd.

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

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

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, the Company is using forward-looking statements when it is discussing the Company’s European growth strategy, the Company’s broader strategy to expand its global distribution network, that Armit is an ideal collaborator to help the Company grow its footprint in the market, enabling a larger customer base to benefit from its innovative AI and video solutions and introduction of the Company’s innovative video and AI edge computing solutions to the Polish market . The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

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

    The MIL Network

  • MIL-OSI United Kingdom: Dame Angela McLean’s speech at the Royal Institution

    Source: United Kingdom – Executive Government & Departments

    Speech

    Dame Angela McLean’s speech at the Royal Institution

    This is a draft text of the speech ‘Discourse: The future of engineering biology’ delivered by Government Chief Scientific Adviser Professor Dame Angela McLean at The Royal Institution on 25 April 2025.

    I want to start by asking you all to think about how you got here tonight.

    I don’t mean in some philosophical sense; that kind of question is better left to other speakers. I mean literally: how did you make your way, here, to the Royal Institution?

    If you’re anything like me, you relied on Google Maps to show you the way (although I may be obliged to say “Other providers are available”). Perhaps you also used your phone to pay for the bus or Tube.

    If you’re joining us online – hello to you all! – you’ll be watching on a phone, tablet or laptop. So, one way or another, most of us made it here thanks to 1 of these devices.

    Now I want you to think about the battery in your phone. Chances are it’s a lithium-ion battery. And if you came in an electric car or bus, you would also have depended on a lithium-ion battery.

    The advantage of lithium-ion batteries compared to traditional alkaline batteries – the kind you may still put in the back of your TV remote – is that they can provide more energy and are rechargeable. People old enough to have depended entirely on alkaline batteries for many more devices besides the TV remote will remember the frustration when they ran out of power – and trying to cobble together another set of batteries to get them working again. Our phones may go dead, but it’s simple and convenient to recharge them.

    But there is a downside, namely all the metals that go into making these modern batteries and electrical products, including lithium, cobalt and other rare earth elements.

    Getting hold of these metals is hard. Most are currently extracted and purified from compounds in rocks, a process which can be very energy-intensive as well as very polluting.

    Recycling and reusing these same metals is also hard.

    This is the periodic table of the elements created by Dmitri Mendeleev, first published in 1869 and subsequently presented right here at the Royal Institution some 20 years later.

    How many elements do you think are used in electronic products?

    Electronic products can contain up to 60 different elements – around 52 of them metals (those are the elements highlighted in blue on the slide) – and we currently rely on inefficient and environmentally damaging methods to isolate and recycle individual metals.

    Indeed, many electronic items cannot be recycled. They simply go to landfill. This is already a serious issue and it’s 1 that will only get worse as global demand for electronics increases.

    Well, what if I told you that researchers here in the UK have identified naturally occurring bacteria, which have the ability to extract and recycle metals from this sort of waste?

    Hats off to anyone in the audience familiar with the strain of bacteria called Shewanella oneidensis MR-1, which can remove manganese from lithium-ion batteries. Or the bacteria Desulfovibrio alaskensis, which is capable of precipitating cobalt out from a mixture of the different metals and chemicals in lithium-ion batteries.

    I’m only aware of these bacteria thanks to amazing research taking place in the UK, including by Louise Horsfall’s group at the University of Edinburgh. Louise’s team have been collaborating with researchers from across the country as part of the ReLib project, which stands for the reuse and recycling of lithium-ion batteries.

    Actually, 1 of the funders for this project is the Faraday Institution, the UK’s flagship battery research programme named for the great Michael Faraday whose desk is in front of me.

    On his desk I have a few items to use to help explain battery recycling.

    Louise’s team have primarily been focused on recycling metals from large lithium-ion batteries used in electric vehicles. However, they can be pretty large – too large for me to bring here tonight. Nevertheless, many of you will know what a lithium-ion battery looks like from your phone – and the science behind how we can recycle these batteries is no different.

    Once lithium-ion batteries reach the end of their life they can be disassembled and shredded using mechanical methods to produce this. In this case, the shredded material has come from part of the battery called the cathode, which contains lots of the metals we want to recycle.

    Once we’ve dissolved this shredded material using chemical or biological methods, we get this solution here… called metal leachate. This contains the useful metals we’re interested in and it’s at this point that we introduce the bacteria I mentioned earlier.

    The bacteria collect and excrete specific metals as tiny nanoparticles which we can recover to give us something like this… which is manganese that Louise’s team has produced in the way I’ve just described from this exact process! We can then use this manganese to build new batteries or other devices.

    You might be wondering what do we do with what’s left behind in the leachate solution. Well, after the bacteria have done their work we are left with this biobrine which is rich in lithium – and resembles what you might find in lithium deposits in South America. This too can be used to make new batteries.

    And I’m not just talking about using a few types of microorganism to improve the extraction and recycling of 1 or 2 metals. There appear to be lots of different microbes out there capable of extracting different metals. Indeed, it’s possible that the bacteria have evolved this capability in a way that detoxifies their own environment, collecting up and excreting harmful metals and so not being poisoned.

    So if we use combinations of these bacteria and we tweak the characteristics of these strains, we can increase the efficiency with which metals are purified and recycled from waste.

    That word tweaking is important and it doesn’t do justice to the science involved. What we’re really talking about is engineering existing microbes to extract and recycle metals.

    Extracting metals from the ground is a hugely expensive and damaging process. It looks rather like this:

    What you can see on the bottom part of this slide is an open cast manganese mine.

    And once we’re finished with products needing such metals, we throw them away. The top part of this slide shows a landfill site after a fire. There have been reports of lithium-ion batteries causing fires at landfill sites across the world.

    With engineering biology, we only need to remove metals from the ground once; thereafter they can become part of a genuine circular economy through continual re-use.

    We use physics, chemistry and engineering to get them out of the ground but then we can and should use biology and engineering to keep recycling them.

    And this is just 1 example of what is within our grasp thanks to the power and potential of the scientific field called engineering biology.

    I’m speaking about engineering biology this evening because I believe it could be the most significant branch of science for decades to come.

    I want to explain why I think that’s the case – and to share my excitement about this field for 2 main reasons.

    The first is that the science and engineering involved in this field is, frankly, beautiful.

    The second – and more important – reason is that both current and future applications will make a huge difference to the everyday lives of people in the UK and across the world.

    I’m here to try to convince you of both these things, but if I can convince you of only 1, I want it to be the latter.

    I’m really keen for people to recognise that the scientists and engineers in this field are working to  produce solutions that most, if not all, of us can agree are necessary… urgently necessary even.

    To kick off, I ought to say that – as Government Chief Scientific Adviser – my role is to advise the Prime Minister and the Government on all matters related to science, technology and engineering.

    The job – and the advice – is a mixture of proactive and reactive work. It covers everything from providing scientific and technical advice during a national emergency to explaining the risks and opportunities around emerging technologies like artificial intelligence and engineering biology.

    Now, in getting to grips with the promise of engineering biology, I did have a little bit of a head start.

    I am a mathematical biologist by background. My own research focused on using mathematical models to improve our understanding of the evolution and spread of infections like measles and HIV.

    I don’t, however, have any background in engineering, nor in biochemistry. So I have had to get up to speed over the past few years.

    At this point let me explain what engineering biology actually is.

    Engineering biology involves applying engineering to biological processes in order to bend biology to our will.

    In other words, it’s the practice of using ideas and tools taken from engineering to design and modify living organisms or biological systems.

    Using tools and ideas developed over recent decades, the goal is to develop new materials and energy sources; to improve animal, plant and human health; to address environmental issues in new and sustainable ways.

    What we’re talking about is the ability to harness and control biology predictably, repeatably and – I’ve said this already – usefully. Sometimes that will mean working with what’s already available in nature; at other times, it will involve genetic modification techniques.

    Let me unpack some of this a bit further.

    Firstly, on the engineering side. Here, I want to start with the design-build-test-learn cycle – DBTL for short.

    This approach has been central to product development in engineering disciplines for some time. It drives continuous refinement and innovation, making research and development faster and more efficient.

    In engineering biology, design-build-test-learn is brought to bear on biological processes – by which I mean the activities occurring within living organisms.

    Image of the design-build-test-learn cycle. Each element is located in a different quarter and all 4 quarters make up a circle.

    Essentially, I’m talking about designing something biological – like a version of a cell, or it could be a biological process (such as cell division) or a genetically-engineered system…

    Then building it, maybe in the lab…

    Then testing it to see how well it works…

    Before finally, and perhaps most importantly, learning from what did and didn’t work and then feeding the lessons into another round of design, making improvements again and again around this cycle, towards an end goal.

    This looks like being a more efficient way of recycling metals, to use the case study I gave at the start.

    And why is this approach necessary? Well, because living organisms are highly complex, with many different parts and networks of interactions between those parts.

    One could argue that physical or chemical systems are a bit more straightforward, more predictable, more easily quantifiable. We’ve been using this design-build-test-learn process to bend chemistry and physics to our will for more than a century – very successfully.

    The complex and often unpredictable nature of biological systems means we need to work through multiple permutations to get to a desired outcome – and that’s where the engineering in engineering biology comes in.

    If we can get this approach right – and I’m going to offer some further examples later showing where we already are – then we have the power to systematically develop biological systems to meet some of the biggest challenges we face.

    Let me be more definitive. If the nineteenth century was chemistry’s golden age, and the twentieth century was the same thing for physics, I believe the twenty-first century should be the golden age for biology.

    Why am I so optimistic?

    This century can belong to biology because of a series of extraordinary advances in scientific understanding.

    Where to begin? Of course, we have spent thousands of years modifying the living world.

    But I’m not going to go all the way back to the domestication of wild crops. I’m not even going back to Darwin and Mendel.

    Instead I’ll start with Watson, Crick and Wilkins – as well as the often overlooked Rosalind Franklin; 3 of the 4 received a Nobel Prize in 1962. By determining the structure of DNA, they discovered what we can call the language of biology.

    Understanding the structure of DNA opened the door to reading this complex language, then editing it, then actually writing it ourselves.

    Our ability to read DNA took a big step forward thanks to Walter Gilbert and Fred Sanger, who shared half of the 1980 Nobel Prize in Chemistry. Gilbert and Sanger did lots of work to understand the building blocks of DNA – the nucleotide alphabet of biology, if you like.

    The next game-changer was in 1983 when an American biochemist, Kary Mullis, developed something called the Polymerase Chain Reaction. Better known as PCR, it is a laboratory technique that’s used to make copies of particular pieces of DNA. Think of it as a photocopier for DNA.

    The technique lets scientists easily – and cheaply – create many millions of copies of DNA segments from very small original amounts – and that makes reading the DNA in a sample possible even if it is only there in tiny amounts.

    You will all have become familiar with PCR during the Covid pandemic, when it was used to make many copies of the viral genetic material to allow reliable diagnosis of a Covid infection. That was the test where you did a swab, popped it in a test tube and then sent it away in the post. It was particularly important early on, before we had home testing kits.    

    The invention of PCR also earned a share of the 1993 Nobel Prize in Chemistry – that’s DNA Nobel number 3.

    Fast forward 10 years to 2003 and the completion of the Human Genome Project. Researchers across the world spent some 13 years cataloguing the precise sequence of all the DNA in the cells of a human being. It was a huge effort and that first whole genome sequence of a human cost an estimated £2.5 billion.

    Thankfully – but also remarkably – sequencing technology has come on leaps and bounds over the past 20 years. Now, it is possible to sequence the same amount of DNA analysed by the Human Genome Project in a single day – and for just a few hundred pounds! We’ve even developed pocket-sized machines which are capable of reading DNA in real-time.

    In fact, I have 1 here: a portable sequencing device made by Oxford Nanopore. You simply add your sample into the middle here – this contains the sensor that will help to read the DNA sequence of your sample. Then simply close the lid and press go. And the results are delivered straight to your laptop via a USB-C cable which plugs into the end here.

    This is useful for situations where we can’t send off a sample for analysis and wait days for the results – if, say, we’re urgently trying to identify the cause of an infection in some far-flung corner of the world.

    So… we’ve learned to amplify DNA using PCR and we’ve learned to read DNA – fast – using rapid sequencing technologies.

    We’ve also started learning – and do emphasise “started” – to accurately and precisely “edit” DNA.

    Previously, when we wanted to do this, the methods were somewhat cruder – such as gene guns, which were used to literally fire DNA into cells.

    We now have tools like CRISPR-Cas9 (another Nobel prize-winning technology developed by Emmanuelle Charpentier and Jennifer Doudna), and we can now take a targeted portion of DNA and change it very accurately in specific places. Some people have compared CRISPR to using a pair of genetic scissors.

    Some of you might be wondering whether engineering biology is any different from another common term: synthetic biology. They are often applied interchangeably, although different countries interpret them in different ways.

    The way I see it, synthetic biology refers to tools like CRISPR, used to design and build new biological components. Engineering biology is taking these tools – with or without genetic modification – and using the DBTL cycle to apply these tools at scale to find solutions to problems in the world around us.

    There are still challenges with the accuracy of such tools, but the possibilities are vast.

    We know that certain diseases are caused by mutations in a single gene. Sickle cell disease, for example, is caused by mutations in the beta-globin gene, resulting in red blood cells which are misshapen. As a result, these red cells don’t flow around the body as well as they should. This can cause those affected – roughly 17,500 people in the UK – to suffer from anaemia as well as complications like terrible pain and organ damage.

    In the past, the only treatment was to rely on regular blood transfusions or a bone marrow transplant, neither of which comes without risks or complications. However, researchers have been using CRISPR to precisely edit the gene responsible for sickle cell with great success – so much so that, in January this year, the treatment was approved for use in the NHS as the world’s first gene-editing treatment for blood disorders.

    And this is just 1 of many gene-editing clinical trials going on right now, including treatments for liver disease, heart disease and some cancers.

    The possibilities are not confined to human diseases. We can use these genetic scissors to develop crops that are better at withstanding drought and more resistant to insects, so we don’t have to rely so much on pesticides.

    And it’s these tools that are being used to modify the bacteria designed for metal recycling that I spoke about at the start.

    Now, it would be remiss of me to talk about the tools of the future without mentioning AI and the transformative impacts it could have.

    A prime example is the challenge of understanding and predicting how proteins fold up intricately and precisely in all of our cells. Decoding this process is something scientists have been trying to achieve for decades.

    And in 2018, DeepMind came along with its AI model AlphaFold. AlphaFold has since been used to calculate the structure of hundreds of millions of proteins. And, yes, it earned the UK’s Demis Hassabis a share of last year’s Nobel prize in chemistry.

    Timeline starting with images of James Watson, Francis Crick, Maurice Wilkins and Rosalind Franklin above the year 1962. Images of Walter Gilbert and Frederick Sanger are next to the year 1980. Image of Kary Mullis is next to the year 1993. Images of Emmanuelle Charpentier and Jennifer Doudna are below the year 2020 and an image of Demis Hassabis is below the year 2024.

    All that’s missing on my timeline now is the capacity to design a new protein from scratch de novo. That will bring us into the realm of being able to write the language of biology – designing and printing a sequence of synthetic DNA to produce a protein with the properties that we want, from scratch.

    I’ve just been talking about how technologies such as AI, and tools such as CRISPR, are helping to broaden the range of biological powers at our disposal and increase our ability to design and optimise biological systems.

    And all this comes with valid concerns about risks. An example which springs to my mind was when scientists in Australia created a version of a mouse virus back in 2001 that instead of causing the normal mild symptoms, killed all of the mice within nine days. They were conducting some innocent genetic engineering research to try and make a mouse contraceptive vaccine for pest control and inadvertently found a way of creating a much more deadly version of the mousepox virus. Unsurprisingly, this made quite a splash in the media – although I think it was good that such a story was not buried.

    The point I want to make is that we must develop the right practices and regulation so that we ensure that research is carried out safely and responsibly but we do not stifle innovation.

    We refer to this as “responsible innovation” and it is 1 of the pillars of our government vision for engineering biology. That has given rise to new guidance on which genetic sequences people should be allowed to order for their research – welcome progress.

    Having the UK take a lead in this kind of responsible innovation – where we are thinking carefully about the desired benefits of our research as well as about how to avoid negative impacts – lets us manage the risks and harness the wealth of opportunities that engineering biology can offer.

    There are also other challenges to overcome. What’s standing in the way of us exploiting engineering biology for good? I won’t dwell for long on this, because you’re here to hear about science, not policy – but it is important to talk about the barriers.

    We’ve already spoken about proper regulation for engineering biology. We also need to have proper ways of funding the basic research that drives this wonderful new technology and also the application of that research that lets us solve real-world problems. Then there’s also the task of making more people aware of the potential for progress here.

    But a key area for me – and also a common issue across all areas of science and technology – is making sure we have the right skills in our future workforce to perform the future jobs that come with new technologies.

    The skill set for engineering biology is particularly broad: the field is a combination many different skill-sets and mindsets. Mostly we train people either to become biologists or to become engineers, and for this technology we need people who can think with both those mindsets. So we need to think about a pipeline which starts in schools, with children getting the right grounding in key subjects – and children also hearing about the exciting careers they can pursue through developing and using the technologies I’ve talked about.

    I think it’s vital that we don’t think exclusively about technical skills: communication skills are extremely important too. It’s a wonderful thing to do pioneering, cutting-edge research but we also need to be able to explain what that’s about and why people should want it.

    So far, I’ve told you a bit about what engineering biology is and how we’ve got to this point, poised for biological century. I’ve also talked a bit about risks and challenges, but I think it’s now time to delve further into the applications that I think are so inspiring.

    Today, I launched a report called “Engineering Biology Aspirations”. It’s our attempt to share our excitement about the possibilities that this technology opens up – and we want to share it with everyone, my colleagues inside government and also much more widely.

    It contains case studies, written by UK-based experts, that illustrate some of the diverse problems we can address using engineering biology. Microbial metal extraction is 1 of them. I want to highlight some others during the rest of this talk – and to recognise some of the amazing research taking place in the UK.

    One of the reasons that I commissioned the report is that all too often, when someone mentions engineering biology or synthetic biology, the examples will involve vaccines or medicines.

    Of course those are fantastic, important applications: with the Covid pandemic such a fresh memory, we are all acutely aware of the life-saving importance of rapid and effective vaccine production. And I’m in awe of those researchers who can edit the gene that causes sickle cell disease.

    But I want to make sure that we also shine a light on the true breadth of opportunities that engineering biology presents, not only in health, but across agriculture, materials, chemicals, energy, defence.

    So, let’s shift gear and think about the fashion industry. Unlike metal recycling, it’s a sector familiar to all of us. We all buy and wear clothes, but we don’t often stop to think about where they’ve come from, how they’ve been made, and at what cost to the environment.

    Putting aside issues around workforce conditions and waste, the fashion industry is 1 of the world’s largest polluters, responsible for up to 8 per cent of carbon emissions globally…

    Not to mention the pollution generated in the form of clothing and textiles dumped in landfills, like this 1 in Bangladesh, never to biodegrade.

    At the same time, 1/5 of the pollution of clean water around the world is caused by dyeing and treating textiles.

    And there’s also growing awareness of the environmental damage caused by the microfibres shed by polyester clothing.

    So it’s no surprise that plenty of researchers and companies here in the UK and beyond are seeking inspiration from biological processes to make new materials that don’t rely on fossil fuels or on animal products such as leather.

    You may have been wondering why there are bottled drinks and a handbag beside each other on the Faraday desk. Well, they’re made of essentially the same material.

    The process of making both items starts with microbes that naturally produce a material called nanocellulose.

    In the case of Mogu Mogu – a coconut water drink you might find in your local supermarket – the nanocellulose is responsible for the lumps of jelly you can see in this bowl. 

    It is a polymer produced through fermentation – the same process used to make beer.

    Now, 1 company I visited last year is called Modern Synthesis, based in South London and founded by Jen Keane and Ben Reeve. They’re aiming to develop scalable solutions to meet the fashion industry’s need for high-performing, versatile materials that don’t pollute the planet.

    Modern Synthesis make nanocellulose fibres and then combine them with textiles such as cotton or linen to create new composites. These are then finished with natural coatings like waxes and oils to improve performance and to enhance look and feel, which are of course critical to customers. The result is this handbag!

    Image of black, biologically derived material

    And on the slide behind me, you can see in more detail the fibres that make up the handbag. These miniscule nanocellulose fibres are actually really, really strong – 8 times stronger than stainless steel relative to weight!

    Modern Synthesis is just 1 example of a pioneering UK company making waves in this area. Another example is Solena Materials who are using AI to help design completely new materials from scratch, including fibres that are effective at absorbing energy. This makes them relevant for the military and the police, who need blast-, ballistic- and stab-proof clothing. As the ex-Chief Scientific Adviser for the Ministry of Defence, it’s great to see engineering biology applications offering benefits for defence.

    Developing new materials like these can significantly reduce greenhouse gas emissions compared to traditional material production. This includes minimising the environmental impacts of raising livestock for leather or the energy-intensive processes involved in creating synthetic textiles such as polyesters and nylons. Better still, these materials can be designed for biodegradability, getting away from the big problem of plastic pollution.

    Allow me to quote from our report for a second: “Imagine a world where every piece of your clothing has minimal cost to the environment, with zero waste going to landfills. Even if a piece of clothing is accidentally discarded into the environment, it safely biodegrades to leave no trace of its existence. This is the future of fashion, and engineering biology is helping to make it happen.”

    Let me move now to another pervasive problem: inefficiencies in food production. Most of you will be aware that fertilisers are used by farmers across the world to supply nitrogen to their crops. Without fertilisers, yields suffer.

    But there are 2 problems. First, the process for making nitrogen fertilisers is very energy-intensive. It’s responsible for between 1 and 2% of the entire world’s energy use – and generates matching CO2 emissions. Second, using fertilisers has considerable environmental impacts, releasing further greenhouse gas emissions and damaging waterways thanks to fertiliser runoff from fields.

    This slide shows excessive algae growth – a common impact of fertiliser runoff – in the River Wantsum in Kent.

    Currently, farmers across the world use more than 200 million tonnes of chemical fertilisers every year.

    Diagram showing molecules of nitrogen and hydrogen converted into molecules of ammonia, with a chemical equilibrium sign betweem ammonia and molecules of nitrogen that combine with molecules of hydrogen

    Now, this ability to produce nitrogen at scale – via the Haber-Bosch process – was without question the most important chemical breakthrough of the 20th century. The reaction that underpins this industrial process is shown behind me – converting nitrogen and hydrogen into ammonia, which is commonly used in fertilisers. It was discovered by Fritz Haber. Over half the global population depends for survival on foods fertilised using industrial production of nitrogen. But for the reasons I’ve outlined, we do need to do better.   

    So how can engineering biology help?

    What if we could engineer cereals crops to absorb their own nitrogen from the environment, without relying on fertilisers? We call that “fixing” nitrogen.

    There are actually examples of this happening in nature. There are bacteria in the soil called rhizobia which are particularly good at fixing nitrogen; in fact, they convert nitrogen gas from the atmosphere into ammonia – which is precisely the form of nitrogen that plants need. Legumes such as peas, clover and lupins attract these rhizobia bacteria to live in their roots – in small structures called nodules. In return for a steady supply of ammonia, the plant houses and feeds the bacteria, forming an ideal symbiotic relationship.

    Behind me is an illustration of a plant with root nodules… but in classic Blue Peter style, here are a couple I grew earlier!

    This clover plant from my lawn has nodules on its roots – but, because they are a bit tiny, I have also brought a photo of the same plant.

    For these sort of plants, we can already coat their seeds with rhizobia and achieve increases in yields. And we can even go a step further by adding the bacteria directly to fields in a process called soil inoculation.

    But the trouble with cereal crops like wheat, barley and maize is that they don’t have those root nodules and nor do they produce the special signalling chemicals that legumes use to attract bacteria.

    Image showing a clover plant with roots that have small circular nodules on them in the bottom left-hand corner and a sweet-corn plant with roots without nodules in the top right-hand corner

    Here is another plant that I’ve brought in from my garden. This 1 is sweet-corn, a variety of maize and a major cereal crop worldwide. You can see its roots here on the top part of the slide… no nodules! These kinds of crops do not set up this kind of symbiotic relationship with nitrogen-fixing bacteria.

    So what researchers, like Phil Poole at the University of Oxford, are doing is trying to engineer a new generation of fertiliser-free crops, drawing on plant genetics, biochemistry and soil ecology.

    One approach, given what I’ve just described, is to engineer cereals to form nodules on their roots that can host nitrogen-fixing bacteria.

    The UK is leading the way on this – Oxford and Cambridge universities have major programmes backed by investment from our research councils and from the Gates Foundation. In fact, the teams involved work together as part of a larger collaboration, and have recently made some significant advances, engineering barley to form nodule-like structures and engineering barley roots to release the chemical signal rhizopine that prompts rhizobia to start fixing nitrogen.

    The design-build-test-learn cycle I described earlier is a part of this research. All of the progress made so far has built on round after round of modifying, testing and redesigning organisms.

    There are still many hurdles to overcome, both from a technical perspective and societally; genetic modification of crops is a very sensitive issue. But the value of the prize here is large, and I think scientists should not be shy about describing it.

    Imagine a world where humanity’s main source of carbohydrates – cereal crops like wheat and barley – are able to generate their own nitrogen fertiliser.

    We could tackle global food shortages on a much more sustainable basis and at the same solve 1 of the most urgent climate challenges, consigning industrially-produced nitrogen to the past.

    Now, let’s just think about crops in a further context, because harvesting doesn’t have to be the end of their engineering biology journey!

    At the start of this talk, I name-dropped a couple of bacterial strains in relation to metal recycling. Well the biologist in me can’t help but tell you another 1 – this time being a type of bacteria called Halomonas.

    Researchers like Nigel Scrutton up at the University of Manchester, are engineering these bacteria to act as efficient factories for converting food waste into fuel via fermentation. When I say factories, I’m not talking about the massive industrial sites we would normally associate with fuel production.

    This photo is of Fawley oil refinery in Hampshire.

    Diagram showing drawings representing bacteria, food waste feedstock, a cylinder that produces fuel and container. The diagram shows that the result of feeding bacteria and food waste feedstock is fermentation that then produces fuel, which can be housed in a portable and scalable container

    By contrast, these fuel-producing bacteria can be housed in different-sized containers like the ones on this slide – some of them not too dissimilar to shipping containers.

    The beauty of this technology, therefore, is that it is inherently portable and scaleable to meet demand – with transformative implications for remote areas of the world where energy infrastructure can be scarce. And crucially, these are cleaner, fossil-free fuels that can be used to power homes, businesses, even aircraft.

    Let’s focus on that last application for a second. At the moment, the aviation industry relies almost completely on kerosene-based fuels, which account for a staggering 3% of global CO2 emissions.

    Burning fossil fuels is generally accepted as the main cause of global warming, so it is essential that we find ways to transition to sustainable sources of energy.

    Engineering biology solutions like Nigel’s can therefore play a significant role in creating a future without fossil fuels. One of the benefits of using bacteria to turn waste into useful fuels is that this can create another circular economy in which we no longer need to extract and burn more and more harmful fossil fuels; instead we recycle the carbon we already have.

    Personally, I think the environmental benefits are reason enough to get excited by this technology. But 1 of the great benefits of bacteria-fuel factories is how portable they are! In other words, they remove the need for large-scale bioreactor infrastructure.

    Imagine a world where clean fuels could be produced locally and on demand – including in all those remote and sparsely populated regions which currently struggle to access the fuels they require.

    Now, I argued just a moment ago that I want to convince people that engineering biology is about so much more than vaccines and medicines – and I hope that I’ve surprised at least some of you with the breadth of the examples I’ve described so far.

    But I do have 1 example from medicine that is just too fascinating to leave out, and that’s research into laboratory-grown blood.

    Why would we need such a product?

    Currently, the world relies almost entirely on human blood donations to treat disease and for emergency medicine. In many countries, including the UK, donation rates fluctuate, and shortages can happen. On top of that, donated blood has a limited shelf life. It is challenging to store and challenging to distribute. When you consider the fact that some countries don’t have the infrastructure to deliver blood products safely, or think about conflict or humanitarian emergencies, the problems associated with donated blood become even clearer.

    There are a few more issues too. It can be very difficult to source some rare blood types. And although blood services of course use screening to avoid known pathogens, there is always a risk of new ones arising, and being passed on to patients who receive blood transfusions.

    For all these reasons, finding new ways to produce blood would be another game changer, and, once more engineering biology can help us.

    Researchers, like Ash Toye at the University of Bristol, are exploring the possibility of banking unlimited supplies of red blood cells, either by transforming stem cells or genetically reprogramming donated precursor blood cells.

    What you can see on the screen is a beautiful illustration by artist Claudia Stocker, which provides a visualisation of CRISPR – the “genetic scissors” technology I mentioned earlier – being used here to edit the genetic material of the precursor cells that will go on to become red blood cells.

    The part of the image to focus on is the centre of the slide and specifically the spiral spools of DNA emanating from the big blue circle in the middle – the cell that will eventually give rise to the red blood cells around the outside of the slide. The little blue doughnuts represent the CRISPR technology in action, actively and precisely editing the DNA as we have instructed it to do.

    This editing can enable us to produce precursor cells that can grow and divide indefinitely in a controlled environment, giving us unlimited blood supplies.

    The Bristol team pioneering this research has been working closely with NHS Blood and Transplant and other partners in a ground-breaking clinical trial called RESTORERESTORE being the acronym for REcovery and survival of STem cell Originated REd cells.

    It’s the first time in the world that red blood cells grown in a laboratory have been given to another person as part of a trial into blood transfusion – you might have seen media coverage of this programme, which has attracted interest from all over the world. The trial should produce further results by the end of this year or early next.

    In the future, we could go a step further and use CRISPR to delete the genes responsible for blood groups, and – in doing so – create “universal” blood that would be invaluable in providing blood transfusions for individuals with rarer blood types.

    Image of a table containing the combinations of blood types of a donor and a recipient that match each other and ones that do not. The matches are highlighted in purple and the mismatches in red

    This slide is a brief reminder of the complexities around ensuring blood compatibility between donors and recipients. Only the combinations in purple are suitable.

    The prospects here are again tantalising. Imagine a world where no patient dies due to a lack of compatible blood following an accident or during surgery. Where safe blood is available on demand, can be stored for longer and is free of disease transmission risks.

    So there are all these amazing opportunities, which you can tell I love talking about!

    We’ve covered a fair bit of ground about engineering biology: not just historically but geographically, in universities and companies, and across a range of applications.

    I’m so proud that our country can lay claim to so much ingenuity. Microbial metal recycling from Edinburgh. Biosynthetic fuels from Manchester. Lab-grown blood from Bristol. Nitrogen-fixing cereals from Oxford.  And nanocellulose-based materials from right here in London.

    I want to end, though on a broader point concerning emerging technologies such as engineering biology and others besides.

    Earlier, you heard me talk about risks and challenges, including the need for responsible innovation.

    Another challenge – though – is about how we, as a society, talk about science and technology in general.

    Clearly, 1 of my aims this evening has been to raise awareness of engineering biology.

    But it strikes me that we’re living through a period where public engagement around science is getting harder.

    That’s not just because of the unprecedented volumes of misinformation circulating around us.

    We now live in a less paternalistic society – which is surely a good thing – it is no longer enough for scientists to tell people what’s good for them and expect them to toe the line. Instead, we know we need to have a proper, well-informed debate about these issues.

    Clearly, it would be possible for the promise of engineering biology to be compromised by public opposition. We need to listen to public concerns – really listen! – and understand that if we don’t respond to those concerns people will be perfectly within their rights to not support, or actively block, the engineering biology advances that we’re trying to create.

    There is a lot of work to do here. I don’t think we can ever be finished listening to the public.

    Essentially, the technologies we’re developing in engineering biology need to offer solutions to problems that people actually care about.

    Health, nutrition, climate, the environment, sustainability, global equity. I know that these are problems that billions of people care about.

    I hope I’ve persuaded you that when it comes to these problems, engineering biology can provide solutions.

    Image of the front cover of the ‘Engineering Biology Aspirations’ report on the left-hand side and a QR code to the webpage with the report on the right-hand side

    Thank you for listening – do read our report; here it is – and thank you to the Royal Institution for asking me to speak in this 200th anniversary year for discourses.

    Updates to this page

    Published 2 May 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Approval of updated plans for transformation of Amounderness House Preston

    Source: City of Preston

    2 May 2025

    Grade II listed former magistrates court to become high-quality flexible workspace 

    Updated plans for the c.£9m transformation of Preston’s historic Amounderness House into modern flexible workspace have been approved. 

    The amended proposals follow changes to the original design of planned new build elements and facades in the rear courtyard of the Grade II listed property. 

    With planning consent already granted, the updated plans by FWP Architects and submitted by S&L Planning Consultants on behalf of Preston City Council proposed changes to the rear elevation while still creating 26 offices and studios plus meeting and event space to be operated by Preston-based bespoke office space provider Wrkspace. 

    The rear elevation changes were designed to be sympathetic with the existing building, with complementary materials and sustainability factors considered while achieving cost efficiencies.  

    The revised plans incorporate the existing courtyard, which is being improved for public use. The building’s physical and historical architecture will continue to be sensitively preserved as part of the overall refurbishment.  

    Maple Grove Developments, the development arm of Preston-based Eric Wright Group, is working with Preston City Council to deliver the transformation of Amounderness House, built in 1857 as a police station before becoming a magistrates court.  

    As no objections to the amended proposals were received, the Council granted consent and work will start on site this summer. 

    Chris Hayward, Preston City Council’s director of development and housing, added:

    “Breathing new life into Amounderness House will play a key role in our ongoing drive to support the growth of innovative local businesses by providing them with an inspiring and dynamic city centre hub.” 

     John Chesworth, chair of Preston’s Towns Fund Board, said:

    “The much-anticipated rejuvenation of Amounderness House will transform an outstanding and historic property, further boosting economic activity in central Preston by providing state-of-the-art flexible workspace for ambitious businesses.” 

    Nik Puttnam, senior development manager at Maple Grove Developments (MGD), explained:

    “MGD are delighted to be involved in the Amounderness House project. The restoration and refurbishment of this key part of Preston’s heritage into high quality managed workspace, will complement the wider regeneration of the Harris Quarter. Further, the delivery of this new managed workspace will support the economic growth of the city centre and opportunities for new local businesses.” 

    Rizwan Seth, managing director of Wrkspace, said:

    “We are absolutely delighted to be part of the newly approved Amounderness House development in the heart of Preston city centre. 

    “Working alongside Maple Grove Developments and Preston City Council on this landmark project reflects our shared commitment to revitalising city centre spaces. 

    “The addition of Amounderness House to our successful network of Wrkspace business centres across Lancashire represents an exciting opportunity to support Preston’s growing business community with flexible, high-quality workspace.” 

    Amounderness House is one of six major projects under Preston’s Harris Quarter Towns Fund Investment Programme, for which the City was awarded £20.9m from the Government’s Towns Fund in March 2021. 

    Harris Quarter is a unique area of Preston undergoing a £200m investment programme to transform its historic buildings, sites and public realm into a diverse culture, leisure and employment offering, with Amounderness House located beside the recently opened £45m+ Animate cinema and leisure destination. 

    Preston-based S&L Planning Consultants submitted the updated application on behalf of Preston City Council, with the wider project team on Amounderness House being Cowburn-Watson Box, SCP Transport, Eden Heritage, E3P, TRP Consulting, and Graham Schofield Associates. 

    Further information

    Projects included in Preston’s £200 million Harris Quarter Towns Fund Investment Programme are: 

    Animate – £45m multi-use entertainment and leisure complex anchored by a state-of-the-art cinema and bowling venue next to Preston Markets. 

    Educate Preston – The creation of a new Careers and Employment, Information, Advice and Guidance Hub in the Harris Quarter. 

    Renewal of Harris Quarter Assets – Investment to support the redevelopment of publicly-owned buildings in the Harris Quarter to support new cultural and community uses, including Amounderness House. 

    Illuminate and Integrate – A project to deliver improved pedestrian and cycleway infrastructure, street lighting and other public realm improvements within the Harris Quarter. 

    Preston Youth Zone – The development of Preston Youth Zone as a state-of-the-art facility for young people in Preston aged eight to 19. 

    #HarrisYourPlace – The refurbishment of the Grade I listed Harris Museum, Art Gallery & Library, enhancing and protecting the building for future generations. 

    Preston Pop Ups – £1m pop-up programme of events bringing together new temporary event space, artworks and improvements to public realm infrastructure, aimed at boosting visitor activity in the Harris Quarter.  

    For more information, visit Invest Preston – Harris Quarter Regeneration.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: ‘Plan ahead’ message as countdown continues to Leeds United promotion parade

    Source: City of Leeds

    Preparations are continuing for Leeds United’s Bank Holiday promotion parade and the opportunity it will give fans and players to jointly celebrate the club’s return to the Premier League.

    Large crowds are expected to turn out on Monday (May 5) to salute Daniel Farke and his team as they make their way through the city centre on an open-top bus.

    Leeds City Council – which is organising the event in conjunction with the club, with support from various multi-agency partners – has been working hard to ensure the day runs safely, smoothly and enjoyably for all concerned.

    And, as the countdown continues to the celebrations, the council is now asking people to remember the following key messages:

    • There is no single focal point or set-piece location for the event;
    • Fans are encouraged to spread out and line the full length of the city centre route so they can get the best close-up views of the bus and its VIP passengers;
    • The council is urging people not to engage in any behaviour – such as climbing up buildings, lampposts or bus shelters – which could put themselves or others at risk of harm;
    • Anyone coming into the city centre on Monday should plan their journey carefully and take into account the extensive road closure and traffic measures required to safely facilitate the parade;
    • People travelling to the event should aim, where possible, to use public transport – including the buses that will be running from the park and ride sites at Temple Green and Stourton.

    The parade is due to start at 1pm, with Farke and the players heading, under police escort, towards City Square from Wellington Street.

    They will then move slowly through City Square and along Boar Lane, New Market Street and Vicar Lane before turning left and travelling down the full length of the Headrow.

    United’s promotion heroes will be ‘on the mic’ and interacting with fans throughout an event that is sure to generate an unforgettable carnival atmosphere across the whole city centre.

    As is standard practice for an occasion of this size, a major programme of road closures will be in force between 8am and 5pm on Monday.

    The list of roads that will be fully or partly closed for some or all of that time includes Albion Street, Bishopgate Street, Briggate, Call Lane, Calverley Street, East Parade, Eastgate, The Headrow, Infirmary Street, King Edward Street, Lands Lane, Lower Briggate, Mill Hill, New Briggate, Oxford Place, Park Row, Vicar Lane, Westgate and Wellington Street.

    Park and ride services will be operating from Temple Green and Stourton between 10am and 1pm, with return journeys running between 2.30pm and 5.30pm. Further details about park and ride provision on the day can be found here.

    Non-park and ride buses will also be running, although some services will be diverting from their usual routes and a number of stops in the city centre will be suspended. People intending to travel by bus are advised to check the relevant timetables and journey information in advance via the Metro website.

    Council-run car parks will be open as normal, but are likely to be extremely busy and – in some cases – access will be affected by road closures.

    Information on Bank Holiday train services, meanwhile, can be found at the National Rail website.

    Leeds City Station will be operating as normal, although people are being encouraged to use its New Station Street entrance.

    Emergency service access in the city centre will be maintained before, during and after the parade, which is expected to last between an hour and an hour-and-a-half.

    While the way the event has been organised means people will have a clear sight of the bus wherever they are on the route, two dedicated and accessible viewing areas for disabled fans and companions will also be in place.

    One of these areas will be outside Leeds Art Gallery and the other in a position directly in front of the Queens Hotel on City Square that can be easily reached from Leeds City Station. Both areas – which will be protected by barriers and managed by stewards – are ground level and will not have seating, but are immediately adjacent to the parade route. Companion access to the areas will be limited to one per disabled person.

    Some on-street disabled parking provision will be suspended on Monday as part of the arrangements for the safe delivery of the parade, but spaces will remain available at locations including The Calls, Cross York Street, Edward Street, Cross Belgrave Street, Leeds Minster and Leeds Playhouse.

    Councillor James Lewis, leader of Leeds City Council, said:

    “Monday promises to be a fabulous occasion and my thanks go to all the people at the council, Leeds United and agencies such as West Yorkshire Police who have helped make it happen.

    “The event has involved careful planning, with the road closure programme forming a key part of our efforts to ensure that it passes off safely and successfully.

    “The closures will inevitably disrupt some people’s normal routines and we thank all those affected for their patience and understanding on this hugely important day for the city.

    “We would also encourage anyone coming into the city centre on Monday to plan their journey carefully and to consider, where possible, using public transport.

    “Please remember that, as there is no single focal point for the event, fans can expect the same exciting experience wherever they position themselves.

    “By lining as much of the route as possible, supporters will create a city centre-wide carnival atmosphere and give Daniel Farke and his players the reception they deserve.”

    People who cannot make it to the parade will be able to follow proceedings via a live stream on United’s LUTV channel.

    ENDS

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Culture Secretary Lisa Nandy speech at Waves Summit 2025

    Source: United Kingdom – Executive Government & Departments

    Speech

    Culture Secretary Lisa Nandy speech at Waves Summit 2025

    The Culture Secretary’s speech at the World Audio Visual & Entertainment Summit in Mumbai on 1 May 2025

    Excellencies, distinguished delegates, ladies and gentlemen, on behalf of the UK Government, I would like to extend our deepest condolences to the families who lost loved ones in the appalling attacks last week. Our Prime Minister, Sir Keir Starmer, has personally shared his sorrow with Prime Minister Modi. On behalf of the British people, the UK condemns all forms of terrorism and the extremism that sustains it, always.

    The relationship between India and the UK is strong and deep, and it is personal for me. My father grew up in Kolkata, where my Indian family still live, and I’m deeply proud to be the first ever Labour cabinet minister of Indian heritage in the United Kingdom.

    Our shared history is woven into the fabric of both our nations. The UK is an island that has been shaped by waves of immigration. They include the many children of Empire, like my father, who came to England in the 1950s to study and later lecture in English literature. It was a journey that would lead him to go on to profoundly change and shape modern Britain through the struggle for race relations and the creation of the landmark Race Relations Act.

    And like so many Indians before him, Sophia Duleep Singh, who simultaneously fought for and advanced women’s rights in the UK and independence in India. And Jayaben Desai, a five foot tall Gujarati woman who led thousands of workers out on strike in London’s East End, uniting the Labour movement in a battle that would improve the status, pay and conditions of a generation of labourers. These are the men and women who have helped to shape our national story in the United Kingdom and to forge modern Britain, and they, in turn, paved the way and inspired others, in particular, a man who made history just a few short years ago when he became the first person of Indian heritage to serve as Prime Minister of the United Kingdom, Rishi Sunak.

    It is this long and shared history, in all its light and dark and the deep rooted personal ties that sustain it, that gives me an unshakable belief in the power of what we two nations can achieve together. And stretching before us is both an historic opportunity and a challenge that our generation must rise to, to forge a future that is grounded in mutual respect, shared prosperity and a renewed commitment to one another. Together, we can be exemplars of how we transcend national borders and work together in our mutual interest. That is why I’m so delighted to be here with you today. And it is fitting that it is here in this great city, the home of storytelling, that we will write the next chapter of our shared story together.

    Many of you here will know that there are nearly two million people of Indian descent living in the United Kingdom, and they are the living, breathing bridge between our two nations. And while Britain undoubtedly has shaped India, it is equally true that India has profoundly shaped Britain, bringing an energy, a resilience and a richness that has had an immeasurable impact on British society, culture and identity. From the biggest British band in history, the Beatles, to Great British films like ‘Bend It Like Beckham’, India has helped to define what it means to be British. We deeply value this rich contribution to our national life and to our culture. 

    From Charli XCX to Nikita Chauhan and Daytimers, the next generation is already powering ahead, creating a vibrant tapestry of diversity and collaboration. But it is our firm belief that we can do more. Our Labour government, led by the Prime Minister Sir Keir Starmer, is determined to strengthen our relationship with India across all sectors of our economy, and we were delighted that our Chancellor Rachel Reeves was able to recently announce over £400 million worth of new trade and investment partnerships with India. Our regional mayors like Tracy Brabin, the Mayor of West Yorkshire, prized the relationship with Indian business for the jobs and investment they bring to parts of the UK, like Bradford, home to a rich, vibrant diaspora community. 

    We are in the UK a self confident, outward looking country at the start of a decade of national renewal, and whether it’s literature, film, fashion or music, Britain, like India, excels. It’s our firm conviction that by deepening our cultural ties, we can grow together, prosper together, and light up the world. As we do already in sports, and we are so looking forward to strengthening the sporting ties between our nations in the coming years to promote great sporting events that are streamed all over the world. I’ve been pleased to see the cricketing bonds extended beyond the field with the recent Indian investment in the majority of teams in the UK’s Hundred competition. And I look forward to welcoming both India’s women’s, men’s and mixed disability teams to England this summer.

    We look back fondly as a country to the moment when we hosted London 2012. It was an incredible showcase for the UK’s talent, and we share your excitement about India’s potential bid for the 2036 Olympics and Paralympic Games. So as we move ahead, let our story be like Jab We Met – built on connection, trust and the courage to walk together. And not like Lagaan, although we have many dramatic cricket matches still ahead of us.

    The creative industries, film, gaming, fashion, literature, music, are booming in both of our countries. We have named the UK creative industries as one of the eight powerhouses that will drive Britain’s growth and prosperity. I was delighted to appoint Baroness Shriti Vadera, Chair of Prudential PLC and the Royal Shakespeare Company, to lead the development of the government’s creative industries growth strategy. 

    I’m committed to ensuring that the UK remains one of the world’s most open and supportive places for filmmakers and creatives. Our government is investing in skills, in film studios, in tax incentives, and as you can see from my presence here today, and that of the British Film Institute, in our international relationships, which we prize. We’re backing the creative industries right across the United Kingdom, just as here in India your government is backing your creative industries to the hilt. 

    Nobody could have listened to that opening speech from the Prime Minister and not understand that this is anything less than a personal signal of intent that he will leave no stone unturned in his mission to power up the untapped potential that exists in the already global success story of Indian film, literature and fashion, and we share that ambition, for you and for us. Now is the time to work together to put rocket boosters under our creative and cultural industries for growth, prosperity and power.

    And whether it’s music, theatre, arts, culture, gaming or fashion, look what our partnerships can achieve. In fashion, the British Indian designer Harri is making waves in every corner of the globe thanks to his creativity and our backing. Our government proudly supports new talent through the new gen program led by the British Fashion Council. And in gaming, we have companies like Tara Gaming Limited creating impactful cultural digital partnerships from the UK to India. In the arts, Chila Burman is quite literally lighting up the world with her artwork, backed by the British Arts Council and great British institutions like the Tate, at whose Liverpool gallery she will shortly exhibit. The National Theatre, one of the UK’s greatest cultural institutions, now with artistic director Indhu Rubasingham, has launched a new programme, which includes a new adaptation of The Jungle Book with Anupama Chandrasekhar, and a retelling of Hamlet starring Hiran Abeysekera. And as only one of three countries in the world that is a net exporter of music, we are delighted that the vibrancy of the British music scene is being powered by artists like Ed Sheeran, A. R. Rahman and Diljit Dosanjh, whose collaborations have brought fans flocking to stadiums from Manchester to Mumbai.

    Britain is also home, as you know, to unique British public service broadcasters like the BBC, who are a vital part of the UK’s creative economy, and they ensure that we have the skilled workforce, the facilities, the expertise, that every investor benefits from.

    We’re one of the most attractive places to invest in and collaborate, not least because of our competitive tax reliefs, including a new credit we launched for independent film and visual effects, as well as the high quality studios and our skilled workforce across the whole of the UK, not just London. Last year, production spend in the UK increased by 31%, testament to our global reputation as a world leading centre for international film and TV production. But we also benefit from India’s media and entertainment sector, one of the largest and most dynamic in the entire world, whose scale, reach and creative energy are nothing short of phenomenal. 

    My ambition is for our cooperation to lead a cinematic revolution that has impacts far beyond the screen. Both the UK and India boast rich cinematic traditions and share a deep mutual interest in each other’s storytelling cultures. Like ‘Lioness’ created by Kajri Babbar, who was herself inspired by our very own Gurinder Chadha. 

    Films from India regularly account for around 30% of non-English language releases in the United Kingdom, and there is a new wave of Indian independent cinema telling fresh stories to the world, but made with the United Kingdom. Like ‘Defenders of Planet Earth’, a shining example of cross cultural partnership tackling the most important of shared challenges – the climate crisis – by UK-based Fingerprint Content and the India Cine Hub. I see enormous potential for greater collaboration between our two countries. While our successes in these sectors are driving growth in our economies, providing good quality jobs across every part of our countries, collaboration can take this to a whole new level.

    Already we’re seeing success. British crews working on Indian sets, Indian directors bringing their vision to British audiences and streaming services that offer a bridge between our two cultures, across the creative industries in goods services and especially audio-visual services, India is one of our most important partners. Given the size of our markets and the scale and quality of our TV and film sectors, I know we can be more ambitious.

    Twenty years ago, we signed the UK-India Film Co-Production Treaty to act as a foundation for partnership in the audio visual sectors. And I am delighted that later this week, my fellow minister for culture, Shri Gajendra Singh Shekhawat and I will agree and sign a bilateral Cultural Cooperation Agreement on behalf of our two great nations.

    This agreement will bring together flagship UK and Indian cultural institutions, including the British Library, the Science Museum and the Victoria and Albert Museum, many of whom are with us here at WAVES this week. But we also have over 1,700 accredited museums across the UK, in places like Birmingham, Manchester and Leeds, with expertise in every subject you can name, with many potential partnerships available to our Indian counterparts.

    Behind this treaty – what breathes life into this treaty – is the passion, the creativity and the human connections across our thriving creative industries and the power of friendship and collaboration between our nations. In this new era where at times, it feels we’ve lost the ability to understand one another across the world, let us use our strengths as the greatest storytellers in the world to bring nations together. Let’s empower the next generation of storytellers from Mumbai to Manchester, Kolkata to Cardiff, Bangalore to Belfast, Lucknow to Leicester and Delhi to Dundee, because in film, fashion, music and arts Britain and India lead the world and we can rise to this moment of a divided world together. 

    Together, we will light up the world. Our relationship evolves, but it will always endure. One of Britain’s most famous poets, William Wordsworth, once wrote: “So backwards, as I cast my eyes, I see what was, and is and will abide; Still glides the stream, and will forever glide; The Form remains, The Function never dies.”

    I look to a future where the UK and India, two great creative nations, continue to dream, to collaborate and to inspire the world together, as one of my favorite poets, the great Rabindranath Tagore, says: “We will shoot joy through the dust of the earth old love, but in shapes That renew and renew forever.” Thank you very much.

    Updates to this page

    Published 2 May 2025

    MIL OSI United Kingdom

  • MIL-OSI: iBio Reports Fiscal Third Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 02, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq:IBIO), today reported financial results for the third quarter ended March 31, 2025, and provided a corporate update on its progress.

    “During the third quarter we were able to broaden our access to investors given our move to Nasdaq and subsequently in April, strengthened our financial position with a $6.2 million warrant-inducement equity raise, positioning us for continued growth and keeping us on track for regulatory submission of IBIO-600 in 2026,” said Martin Brenner, Ph.D., DVM, iBio’s Chief Executive Officer and Chief Scientific Officer. “At the same time, we made significant strides in our pipeline, with promising non-human primate data for IBIO-600 and the in-licensing of a first-in-class Activin E antibody, two antibodies we truly believe are bringing us closer to fulfilling our mission of delivering transformative therapies to patients suffering from cardiometabolic diseases and obesity.”

    Fiscal Third Quarter 2025 & Recent Corporate Updates:

    • Began trading on the Nasdaq Stock Exchange under the ticker symbol “IBIO,” marking a significant corporate milestone that enhances visibility, improves trading liquidity, and aligns with the company’s strategy to attract long-term institutional investors.
    • Raised $6.2 million in gross proceeds through a warrant inducement transaction with institutional investors, strengthening our balance sheet and providing additional working capital to support advancements in our pipeline.

    Fiscal Third Quarter 2025 Financial Results:

    • R&D expenses for the three months ending March 31, 2025 and 2024 were $1.9 million and $0.9 million, respectively, an increase of approximately $1.0 million. The growth in R&D expenses is mainly due to increased spending on consultants and outside services, consumable supplies, and personnel-related costs as a result of advancing research activities to support our IBIO-600 and Activin E programs.
    • G&A expenses for the three months ending March 31, 2025 and 2024 were approximately $3.0 million and $2.7 million, respectively, an increase of $0.3 million. The increase is primarily attributable to growth in IT related costs, consulting fees and franchise taxes, partially offset by lower professional service fees.
    • Net loss from continuing operations for the three months ending March 31, 2025 was approximately $4.9 million, or $0.49 per share, compared to a net loss from continuing operations of approximately $2.6 million, or $0.71 per share, in the same period of fiscal 2024.
    • Cash, cash equivalents and restricted cash as of March 31, 2025, was approximately $5.2 million, inclusive of $0.2 million of restricted cash.   Subsequent to the warrant inducement transaction in April, cash, cash equivalents and restricted cash was approximately $10.5 million as of May 1, 2025.

    About iBio, Inc.

    iBio (Nadaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.  For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Safe Harbor Statement

    Any statements contained 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.” 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. These statements include statements regarding the events of the quarter ended March 31, 2025 and April 2025 positioning the Company for continued growth; the Company’s progress toward a regulatory submission of IBIO-600 in 2026; the promise of the non-human primate data for IBIO-600; IBIO-600 and Activin E antibody bringing the Company closer to delivering transformative therapies; the Company’s listing on Nasdaq enhancing visibility, improving trading liquidity, and attracting long-term institutional investors; IBIO-600’s potential to be a best-in-class long-acting anti-myostatin antibody; and the proceeds of the warrant inducement transaction being used to support advancements to the Company’s pipeline. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including iBio’s ability to submit a regulatory submission of iBIo-600 in 2026; to successfully develop iBIO-600 and Activin E antibody; attract long term institutional investors; -leverage its AI-driven platform to transform the treatment landscape for patients with cardiometabolic diseases and obesity with more effective, targeted therapies addressing the underlying causes of these conditions while improving overall metabolic health and quality of life; extend the half-life of IBIO-600; advance as a clinical-stage biotech; create a pipeline of breakthrough antibody treatments to address significant unmet medical needs; and transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine the ability to advance iBio’s internal pipeline priorities in immuno-oncology and cardiometabolics, and drive partnerships in new therapeutic areas, the ability to finance when needed and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended June 30, 2024, and the Company’s subsequent filings with the SEC, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statements contained in this press release speak only as of the date hereof and, except as required by federal securities laws, iBio, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

    Corporate Contact:

    iBio, Inc.
    Investor Relations
    ir@ibioinc.com

    Media Contacts:

    Ignacio Guerrero-Ros, Ph.D., or David Schull
    Russo Partners, LLC
    Ignacio.guerrero-ros@russopartnersllc.com
    David.schull@russopartnersllc.com
    (858) 717-2310 or (646) 942-5604

    The MIL Network

  • MIL-OSI United Nations: 30 April 2025 Departmental update Restoring balance: Traditional Medicine at the World Health Summit Regional Meeting 2025

    Source: World Health Organisation

    The next World Health Organization (WHO) Traditional Medicine Global Summit, 2–4 December 2025, was unveiled during a keynote plenary session at the World Health Summit Regional Meeting 2025 in New Delhi, India, on 25 April. The session, organized by the WHO Global Traditional Medicine Centre, brought together government ministers, private sector directors, scientists and United Nations leaders to explore how combining ancient wisdom and modern science can expand access to safe, effective and people-centred Traditional Medicine (TM) and strengthen global health equity.

    Stewards of a collective future

    Delhi-based broadcaster Rini Simon Khanna opened the session, entitled: “ Restoring balance: Scaling up access to evidence-based traditional medicine for health and well-being”. She emphasized that the audience had gathered as “stewards of a collective future in health”, with TM serving as “a bridge connecting ancestral knowledge and modern science”. Prataprao Jadhav, India’s Minister of State for the Ministry of Ayush, addressed the gathering via pre-recorded video, stressing the need to integrate traditional knowledge with modern health systems in response to global challenges. The Minister took the opportunity to introduce the second WHO Traditional Medicine Global Summit, to be held in December 2025, and encouraged people to continue the dialogue at the Summit and “be a part of this shared journey towards global health harmony”.

    An evolving global health system

    Dr Rajesh Kotecha, Secretary and Vice-Minister, Ministry of Ayush, opened the panel discussion, telling participants, “TM is not just a thing of the past, it is a living, evolving component of many health systems around the globe”, offering relevance and promise in delivering affordable, accessible, people-centred care.

    The first panellist, Drungtsho Dorji Gyeltshen, Traditional Medicine Physician at National Traditional Medicine Hospital, Bhutan, showcased how the country’s traditional system of health care, Sowa-Rigpa, is accessible to rural and hard-to-reach communities and offers trusted, free and culturally relevant care. Sowa-Rigpa plays a key role in Bhutan’s Gross National Happiness, which is aligned to four pillars: good governance, social and economic development, preservation and promotion of culture, and environmental conservation.

    Global strategy for TM

    Dr Saima Wazed, Regional Director for WHO South East Asia Regional Office, explained how the draft WHO Global Strategy for Traditional Medicine, 2025–2034 (scheduled for discussion at the Seventy-eighth World Health Assembly) will support WHO Member States in integrating TM into primary health care. She stressed the need to develop evidence-based programmes to reduce misinformation, for greater confidence in TM. She also highlighted the need for culturally reflective policies and regulatory bodies, communicated in understandable language.

    The role of evidence

    Aditya Burman, Non-Executive Director of Dabur India, emphasized the need to shift from anecdotal to evidence-based TM, just as biomedicine did. He added, “We hear anecdotal a little too much when it comes to TM, and we’d like to change that”. When discussing how to drive future growth in the TM sector, Mr Burman said, “It’s not about shouting louder [about the benefits of TM], it’s about allowing the other side to be receptive – building effective products and proving their effectiveness in a globally understood language”.

    Professor Georg Seifert, a Senior Lecturer in Paediatrics at Charité – Universitätsmedizin Berlin, Germany, built on this point by explaining that more research is urgently needed, particularly on TM’s cost-effectiveness and sustainability. He also noted that integration of TM and biomedicine requires trust between those working in both systems, which grows from transparency about the strengths and limitations of TM. Professor Seifert also remarked on cross-cultural collaboration: “I can envisage a global network of integrative clinical centres that aid a diverse care model using rigorous but flexible methods, tailored to cultural and therapeutic contexts”, he said.

    Voices of youth

    Tanushree Jain, Chair of Public Health at the International Pharmaceutical Students’ Federation and member of the WHO Youth Council, discussed the generational shift in young people’s attitudes towards wellness, which includes preventive practices that incorporate ethics and sustainability. She highlighted that young people want to see TM validated through science and integrated safely in modern care. “When traditional knowledge is adapted with rigour and relevance, it earns our trust”, she stated.

    Digital tools like mobile health apps and fitness trackers are making traditional practices more accessible to youth and driving behaviour change. When these tools are engaging, educational, inclusive and sustainable, they empower young people to integrate personalized holistic care into their daily lives.

    Bridging the gap between science and policy

    Dr Soumya Swaminathan, former Chief Scientist at WHO and Chair of MS Swaminathan Research Foundation, stated, “No system of medicine has the answer to everything, and this is why we need to think about integrative medicine”. She stressed that there are currently different terms and diagnostic systems in use by traditional healers and allopathic doctors. She explained that to bridge the gap between science and policy, culturally significant practices need to be evaluated and integrated using robust, context-sensitive scientific methods, with a common language and vocabulary. Dr Swaminathan also highlighted the importance of harnessing the opportunities presented by modern tools, such as AI for diagnostics, through a multidisciplinary approach.

    The future of TM

    Dr Rajesh Kotecha asked each of the panellists one final question: “Looking ahead to the next five years, what is the one thing that is needed most for TM to advance the health and well-being of all?”

    • Drungtsho Dorji Gyeltshen said that establishing Bhutan as a centre of excellence, and focusing on sustainable and innovative practices will preserve and promote Sowa-Rigpa, ensuring it remains relevant, accessible and contributes to global health;
    • Dr Saima Wazed emphasized bringing data and knowledge together from global TM practices in a standardized format, so they can be shared on a global platform;
    • Aditya Burman noted that it is important to ensure TM becomes part of the mainstream vocabulary, suggesting inclusion on medical TV shows and films, to show that TM is not a niche “out there” idea;
    • Professor Georg Seifert said that he sees big potential in preventive medicine and integrated health care models, but strong evidence and good business models are needed to show cost-effectiveness;
    • Tanushree Jain highlighted establishing evidence in scientific research and using that to build trust in TM;
    • Dr Soumya Swaminathan stressed that this is the time to come together to bring the disciplines together, to not fight over which one is better, but to develop the science and communicate it effectively to people, for the best person-centred care.

     

    The session concluded with a question-and-answer session with the audience. One participant said that, as an editor at The Lancet medical journal, they noted a lack of submissions and publications on TM. They highlighted the need to bring TM to the global stage, through high-quality journal articles and clinical trials, for people to have trust. The panellists suggested some challenges, such as language or cultural understanding, as well as constructive feedback, such as the need for greater outreach or funding programmes. Dr Swaminathan added that there is also an evidence feedback loop – if the right research has not been published in the literature, then it is difficult to validate findings, as per publication policies, and suggested journals like The Lancet help create publishing opportunities for TM research.

    Restoring balance

    In his closing video address, Dr Tedros Adhanom Ghebreyesus, WHO Director-General, reminded the audience that TM is as old as humanity itself and that for hundreds of millions of people, TM is just medicine. Through GTMC, WHO is supporting research to harness the power of these ancient practices.

    Moderator Rini Simon Khanna remarked that this is “not the conclusion of our conversation but the beginning of a shared journey”, which is as much about restoring balance within ourselves, our communities, the health system and our relationship with the natural world. That journey continues at the second WHO Global Traditional Medicine Summit in December. The summit video was unveiled, which sets out how the next Summit will help unlock the full potential of TM. The Summit offers not just a space for dialogue, but a call to action to explore how the nexus of TM and modern science can restore balance and well-being for people and our planet. Ms Khanna closed, “Restoring balance is not just a policy goal, it is a personal and planetary commitment.

    MIL OSI United Nations News

  • MIL-OSI USA: President Trump Finally Ends the Madness of NPR, PBS

    US Senate News:

    Source: The White House
    Last night, President Donald J. Trump signed an executive order ending the taxpayer subsidization of National Public Radio (NPR) and the Public Broadcasting Service (PBS) — entities that receive tens of millions of dollars in taxpayer funds each year to spread radical, woke propaganda disguised as “news.”
    Here are some examples of the trash that has passed for “news” at NPR and PBS:
    NPR ran a story titled “Cannibalism: It’s ‘Perfectly Natural,’” in which an author described eating another human’s placenta: “It was really the prep that made it taste good. Granted, the [husband] was a chef and so he knew how to prepare it osso bucco style and used a really nice wine I had brought. It smelled great. It didn’t taste bad.”
    In 2021, NPR declared the Declaration of Independence to be a document with “flaws and deeply ingrained hypocrisies.”
    In 2022, NPR scrapped its decades-long Independence Day tradition of reading the Declaration of Independence on air to instead discuss “equality.”
    NPR subsequently issued an “editor’s note” warning the Declaration of Independence is “a document that contains offensive language.”

    NPR apologized for calling illegal immigrants “illegal.”
    NPR sounded the alarm about young men who abstain from masturbating to pornography.
    NPR featured a Valentine’s Day story centered around “queer animals,” in which it suggested the make-believe clownfish in “Finding Nemo” would’ve been better off as a female, that “banana slugs are hermaphrodites,” and that “some deer are nonbinary.”
    PBS devoted a panel to what it “mean[s] to be woke” and “white privilege.”
    NPR routinely promotes the chemical and surgical mutilation of children as so-called “gender-affirming care” without mentioning the irreversible damage caused by these procedures.
    In 2021, a PBS station aired a “children’s program” that featured a drag queen named “Lil’ Miss Hot Mess.”
    NPR educated the nation on the “whole community of genderqueer dinosaur enthusiasts” and “trans-ceratops.”
    Then-PBS White House Correspondent Yamiche Alcindor characterized President Trump’s patriotic 2020 Mount Rushmore speech as a love letter to “white resentment” that promoted the “myth of America.”
    NPR reported on the “cousin of diet culture” known as “healthism, which is the idea that we have to be healthy” — as if that was a bad thing.
    NPR assigned three reporters to investigate how the thumbs-up emoji is racist.
    NPR suggested doorway sizes are based on “latent fatphobia.”
    PBS produced an entire movie celebrating a transgender teenager’s so-called “changing gender identity.”
    NPR absurdly claimed “limited scientific evidence of physical advantage” exists between male and female athletes.
    NPR lamented that “animals deserve pronouns, too.”
    NPR ran a feature titled “What ‘Queer Ducks’ can teach teenagers about sexuality in the animal kingdom.”
    In 2023, PBS’s Washington Week roundtable covered up Joe Biden’s clear mental decline, with far-left “journalist” Jeffrey Goldberg claiming Biden was actually “quite acute.”
    NPR dedicated an entire segment to the “population of anthropomorphic animal enthusiasts known as ‘furries.’”
    PBS produced a documentary making the case for reparations.
    NPR disparagingly referred to pro-life Americans at the March for Life as “anti-abortion rights activists.”
    NPR explored “the racial origins of fat phobia.”
    NPR management asked its editors to avoid the term “biological sex” when discussing transgender issues.
    PBS show Sesame Street partnered with CNN on a one-sided narrative to “address racism” amid the Black Lives Matter riots.
    NPR and PBS have zero tolerance for non-leftist viewpoints:
    In 2020, NPR refused to cover the explosive Hunter Biden laptop scandal in the runup to the election, baselessly claiming its “assertions don’t amount to much” and writing they “don’t want to waste the listeners’ and readers’ time on stories that are just pure distractions.”
    When a 25-year veteran NPR reporter and editor spoke out about the network’s obsession with liberal causes, they suspended him.
    The editor found that registered Democrats outnumbered Republicans 87 to zero in their newsroom.
    NPR prolifically reported on the Russian collusion hoax, with the editor describing “[Adam] Schiff talking points” as “the drumbeat of NPR news reports.”

    NPR CEO Katherine Maher once called President Trump “racist,” shared a photo of herself wearing a “Biden for President” campaign hat, serves on the board of a Soros-funded activist group, and described “reverence for the truth” as a “distraction.”
    In 2023, a study found that congressional Republicans saw 85% negative coverage while congressional Democrats saw 54% positive coverage on PBS’s flagship news program.
    According to a 2024 study, PBS news staff used 162 variations of the term “far-right,” but only six variations of “far-left.”
    Media bias rating agency AllBias — which surveyed nearly 24,000 readers — found NPR’s bias aligns with “liberal, progressive or left-wing thought and/or policy agendas.”
    NPR repeatedly dismissed the theory that COVID-19 originated in a lab — a conclusion now deemed likely by the FBI, CIA, and Department of Energy.
    April 2020: “Scientists Debunk Lab Accident Theory Of Pandemic Emergence”
    May 2020: “As Trump Pushes Theory Of Virus Origins, Some See Parallels In Lead-Up To Iraq War”
    May 2021: “Many Scientists Still Think The Coronavirus Came From Nature”
    March 2023: “Virologist says COVID origin report could make it harder to study dangerous diseases”
    September 2024: “New research points to raccoon dogs in Wuhan market as pandemic trigger. It’s controversial”

    A 2024 Media Research Center study found that PBS’s coverage of the Republican National Convention was 72% negative, while coverage of the Democratic National Convention was 88% positive.

    MIL OSI USA News

  • MIL-OSI: Bitget Wallet Partners With Paydify to Expand Global Crypto Acceptance

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 02, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has announced its integration with Paydify, a universal crypto payment gateway, becoming Paydify’s first wallet integration partner. The integration enables merchants to accept stablecoin payments from Bitget Wallet users, streamlining crypto payment infrastructure and expanding the practical use of digital assets in everyday settings.

    Through the integration, Bitget Wallet users can pay with USDT and USDC at select physical and online merchants via Paydify’s infrastructure. Merchants receive instant settlement in stablecoins without needing to manage blockchain-specific setups. Thousands of transactions have been completed in the pilot phase. The service is set to expand globally across industries such as retail, travel, hospitality, gaming, and e-commerce. Broader token support and compatibility with additional wallets are also on the roadmap, with the goal of enabling payments in any token on any chain.

    This partnership forms part of Bitget Wallet’s broader PayFi strategy, which focuses on expanding crypto from holding and trading to active usage in real-world scenarios. “Our goal is to make crypto more usable for everyday needs, and Paydify helps reduce the complexity merchants face. By integrating an open payment layer, we’re moving closer to this goal.” said Alvin Kan, COO of Bitget Wallet. “Bitget Wallet is among the first major wallets to implement a stablecoin payment use case at the point of sale. We aim to support over 10,000 merchants globally in the next few years.”

    Paydify was developed to address long-standing fragmentation in crypto payments, where chain and wallet compatibility often hinder merchant adoption. It allows businesses to accept crypto from any wallet without the need for custom integration. According to the latest Onchain Report, 31% of global users cite limited merchant acceptance as a key barrier to using crypto for payments. Paydify aims to bridge this gap by offering instant settlement and minimizing onboarding complexity.

    Our integration with Bitget Wallet provides the opportunity to test and refine a merchant-focused payment experience in real conditions,” said Pakning Luk, Director of Strategy at Paydify. “We believe crypto should work as easily as any mainstream payment method. Our aim is to offer a seamless and reliable framework for digital asset payments that meets the needs of both users and businesses.

    To support merchant onboarding, businesses that sign up through Bitget Wallet will receive waived settlement fees and early access to upcoming features during the pilot period. Interested merchants can learn more or apply to join at: https://www.paydify.com/en/sign_up

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, secure, and accessible for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, please contact media.web3@bitget.com

    About Paydify
    Paydify is a universal gateway enabling crypto payments across all wallets and blockchain networks. Built for both online and offline merchants, Paydify provides instant settlement and universal connectivity — making crypto payments practical for global commerce. Paydify operates with a mission to unify the fragmented blockchain ecosystem and make digital payments accessible to businesses everywhere.

    For more info, visit paydify.com and follow us on LinkedIn and X

    For media and partnership inquiries, please contact: partnerships@paydify.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/32a3ce3a-3076-46cd-a46b-86a5b7160d11

    The MIL Network

  • MIL-OSI: Brookfield Business Partners Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    BROOKFIELD, News, May 02, 2025 (GLOBE NEWSWIRE) — Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) announced today financial results for the quarter ended March 31, 2025.

    “We had an active start to the year, generating over $1.5 billion from our capital recycling initiatives, progressing the acquisition of two market-leading industrial operations and investing approximately $140 million to repurchase our units and shares,” said Anuj Ranjan, CEO of Brookfield Business Partners. “During periods of uncertainty and volatility, our consistent strategy of owning market leading businesses and executing on our operational improvement plans is more important than ever. With the enhanced strength of our balance sheet, we are well positioned to support our capital allocation priorities and continue compounding long-term value for our investors.”

      Three Months Ended
    March 31,
    US$ millions (except per unit amounts), unaudited   2025   2024  
    Net income (loss) attributable to Unitholders1 $ 80 $ 48  
    Net income (loss) per limited partnership unit2 $ 0.38 $ 0.23  
         
    Adjusted EBITDA3 $ 591 $ 544  

    Net income attributable to Unitholders for the three months ended March 31, 2025 was $80 million ($0.38 per limited partnership unit) compared to net income of $48 million ($0.23 per limited partnership unit) in the prior period.

    Adjusted EBITDA for the three months ended March 31, 2025 was $591 million compared to $544 million in the prior period. Current period results included contribution from the recent acquisition of our electric heat tracing systems manufacturer in January 2025. Prior period results included $37 million of contribution from disposed operations including our offshore oil services’ shuttle tanker operation which was sold in January 2025.

    Operational Update

    The following table presents Adjusted EBITDA by segment:

      Three Months Ended
    March 31,
    US$ millions, unaudited   2025     2024  
    Industrials $ 304   $ 228  
    Business Services   213     205  
    Infrastructure Services   104     143  
    Corporate and Other   (30 )   (32 )
    Adjusted EBITDA $ 591   $ 544  

    Our Industrials segment generated Adjusted EBITDA of $304 million for the three months ended March 31, 2025, compared to $228 million during the same period in 2024. Current period results included $72 million of tax benefits at our advanced energy storage operation and contribution from our electric heat tracing manufacturer which was acquired in January 2025.

    Our Business Services segment generated Adjusted EBITDA of $213 million for the three months ended March 31, 2025, compared to $205 million during the same period in 2024. Strong performance at our residential mortgage insurer and increased contribution from our construction operation was partially offset by the impact of higher costs associated with technology upgrades at dealer software and technology services. Prior period results included contribution from our road fuels operation which was sold in July 2024.

    Our Infrastructure Services segment generated Adjusted EBITDA of $104 million for the three months ended March 31, 2025, compared to $143 million during the same period in 2024. Prior period results included contribution from our offshore oil services’ shuttle tanker operation which was sold in January 2025.

    The following table presents Adjusted EFO4 by segment:

      Three Months Ended
    March 31,
    US$ millions, unaudited   2025     2024  
    Adjusted EFO    
    Industrials $ 130   $ 180  
    Business Services   117     168  
    Infrastructure Services   166     72  
    Corporate and Other   (68 )   (89 )

    Adjusted EFO in the current period included a $114 million of net gain related to the disposition of the shuttle tanker operation at our offshore oil services. Industrials Adjusted EFO included the impact of withholding taxes on a distribution received from our advanced energy storage operation during the quarter. Adjusted EFO in the prior period included $62 million of net gains primarily related to the sale of public securities and $50 million of other income related to a distribution at our entertainment operation.

    Strategic Initiatives

    • Specialty Equipment Manufacturer
      In February, we agreed to acquire Antylia Scientific, a leading manufacturer and distributor of critical consumables and testing equipment serving life sciences and environmental labs for approximately $1.3 billion. Brookfield Business Partners expects to invest approximately $160 million for an approximate 25% economic interest. The transaction is expected to close in the second quarter, subject to customary closing conditions and regulatory approvals.
    • Unit Repurchase Program
      During the quarter and subsequent to quarter end, we invested approximately $140 million to repurchase 5.9 million5 units and shares of Brookfield Business Partners at an average price of approximately $24 per unit and share. The repurchases were completed under our normal course issuer bid (NCIB) which we plan to renew once it expires in August this year.

    Liquidity

    We ended the quarter with approximately $2.4 billion of liquidity at the corporate level including $59 million of cash and liquid securities, $25 million of remaining preferred equity commitment from Brookfield Corporation and approximately $2.3 billion of availability on our corporate credit facilities. Pro forma for announced and recently closed transactions, corporate liquidity is $2.3 billion.

    Distribution

    The Board of Directors has declared a quarterly distribution in the amount of $0.0625 per unit, payable on June 30, 2025 to unitholders of record as at the close of business on May 30, 2025.

    Additional Information

    The Board has reviewed and approved this news release, including the summarized unaudited interim consolidated financial statements contained herein.

    Brookfield Business Partners’ Letter to Unitholders and the Supplemental Information are available on our website https://bbu.brookfield.com under Reports & Filings.

    Notes:

    1. Attributable to limited partnership unitholders, general partnership unitholders, redemption-exchange unitholders, special limited partnership unitholders and BBUC exchangeable shareholders.
    2. Net income (loss) per limited partnership unit calculated as net income (loss) attributable to limited partners divided by the average number of limited partnership units outstanding for the three months ended March 31, 2025 which was 80.0 million (March 31, 2024: 74.3 million).
    3. Adjusted EBITDA is a non-IFRS measure of operating performance presented as net income and equity accounted income at the partnership’s economic ownership interest in consolidated subsidiaries and equity accounted investments, respectively, excluding the impact of interest income (expense), net, income taxes, depreciation and amortization expense, gains (losses) on acquisitions/dispositions, net, transaction costs, restructuring charges, revaluation gains or losses, impairment expenses or reversals, other income or expenses, and preferred equity distributions. The partnership’s economic ownership interest in consolidated subsidiaries and equity accounted investments excludes amounts attributable to non-controlling interests consistent with how the partnership determines net income attributable to non-controlling interests in its unaudited interim condensed consolidated statements of operating results. The partnership believes that Adjusted EBITDA provides a comprehensive understanding of the ability of its businesses to generate recurring earnings which allows users to better understand and evaluate the underlying financial performance of the partnership’s operations and excludes items that the partnership believes do not directly relate to revenue earning activities and are not normal, recurring items necessary for business operations. Please refer to the reconciliation of net income (loss) to Adjusted EBITDA included in this news release.
    4. Adjusted EFO is the partnership’s segment measure of profit or loss and is presented as net income and equity accounted income at the partnership’s economic ownership interest in consolidated subsidiaries and equity accounted investments, respectively, excluding the impact of depreciation and amortization expense, deferred income taxes, transaction costs, restructuring charges, unrealized revaluation gains or losses, impairment expenses or reversals and other income or expense items that are not directly related to revenue generating activities. The partnership’s economic ownership interest in consolidated subsidiaries excludes amounts attributable to non-controlling interests consistent with how the partnership determines net income attributable to non-controlling interests in its unaudited interim condensed consolidated statements of operating results. In order to provide additional insight regarding the partnership’s operating performance over the lifecycle of an investment, Adjusted EFO includes the impact of preferred equity distributions and realized disposition gains or losses recorded in net income, other comprehensive income, or directly in equity, such as ownership changes. Adjusted EFO does not include legal and other provisions that may occur from time to time in the partnership’s operations and that are one-time or non-recurring and not directly tied to the partnership’s operations, such as those for litigation or contingencies. Adjusted EFO includes expected credit losses and bad debt allowances recorded in the normal course of the partnership’s operations. Adjusted EFO allows the partnership to evaluate its segments on the basis of return on invested capital generated by its operations and allows the partnership to evaluate the performance of its segments on a levered basis.
    5. Inclusive of all limited partnership units and BBUC exchangeable shares repurchased under our NCIB during the three months ended March 31, 2025 and up to market close on May 1, 2025, based on settlement date.

    Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation. For more information, please visit https://bbu.brookfield.com.

    Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

    Please note that Brookfield Business Partners’ previous audited annual and unaudited quarterly reports have been filed on SEDAR+ and EDGAR, and are available at https://bbu.brookfield.com under Reports & Filings. Hard copies of the annual and quarterly reports can be obtained free of charge upon request.

    For more information, please contact:

    Media:
    Marie Fuller
    Tel: +44 207 408 8375
    Email: marie.fuller@brookfield.com
    Investors:
    Alan Fleming
    Tel: +1 (416) 645-2736
    Email: alan.fleming@brookfield.com
       

    Conference Call and Quarterly Earnings Webcast Details

    Investors, analysts and other interested parties can access Brookfield Business Partners’ first quarter 2025 results as well as the Letter to Unitholders and Supplemental Information on our website https://bbu.brookfield.com under Reports & Filings.

    The results call can be accessed via webcast on May 2, 2025 at 10:00 a.m. Eastern Time at BBU2025Q1Webcast or participants can preregister at BBU2025Q1ConferenceCall. Upon registering, participants will be emailed a dial-in number and unique PIN. A replay of the webcast will be available at https://bbu.brookfield.com.

                               
    Brookfield Business Partners L.P.
    Consolidated Statements of Financial Position
     
      As at
    US$ millions, unaudited March 31, 2025   December 31, 2024
               
    Assets          
    Cash and cash equivalents   $ 3,442       $ 3,239  
    Financial assets     11,642         12,371  
    Accounts and other receivable, net     6,948         6,279  
    Inventory and other assets     5,063         5,728  
    Property, plant and equipment     12,529         13,232  
    Deferred income tax assets     1,767         1,744  
    Intangible assets     19,157         18,317  
    Equity accounted investments     2,307         2,325  
    Goodwill     13,032         12,239  
    Total Assets   $ 75,887       $ 75,474  
               
    Liabilities and Equity          
    Liabilities          
    Corporate borrowings   $ 1,017       $ 2,142  
    Accounts payable and other     15,085         16,691  
    Non-recourse borrowings in subsidiaries of the partnership     42,316         36,720  
    Deferred income tax liabilities     2,614         2,613  
               
    Equity          
    Limited partners $ 2,158       $ 1,752    
    Non-controlling interests attributable to:          
    Redemption-exchange units   1,246         1,644    
    Special limited partner              
    BBUC exchangeable shares   1,732         1,721    
    Preferred securities   740         740    
    Interest of others in operating subsidiaries   8,979         11,451    
          14,855         17,308  
    Total Liabilities and Equity   $ 75,887       $ 75,474  
                 
    Brookfield Business Partners L.P.
    Consolidated Statements of Operating Results
     
      Three Months Ended
    March 31,
    US$ millions, unaudited   2025     2024  
         
    Revenues $ 6,749   $ 12,015  
    Direct operating costs   (5,402 )   (10,878 )
    General and administrative expenses   (311 )   (317 )
    Interest income (expense), net   (770 )   (796 )
    Equity accounted income (loss)   (8 )   23  
    Impairment reversal (expense), net       10  
    Gain (loss) on acquisitions/dispositions, net   214     15  
    Other income (expense), net   (83 )   116  
    Income (loss) before income tax   389     188  
    Income tax (expense) recovery    
    Current   (197 )   (90 )
    Deferred   64     105  
    Net income (loss) $ 256   $ 203  
    Attributable to:    
    Limited partners $ 30   $ 17  
    Non-controlling interests attributable to:    
    Redemption-exchange units   23     15  
    Special limited partner        
    BBUC exchangeable shares   27     16  
    Preferred securities   13     13  
    Interest of others in operating subsidiaries   163     142  
         
    Brookfield Business Partners L.P.
    Reconciliation of Non-IFRS Measure
         
        Three Months Ended March 31, 2025
    US$ millions, unaudited   Business
    Services
      Infrastructure
    Services
      Industrials   Corporate
    and Other
      Total
                         
    Net income (loss)   $     $ 156     $ 145     $ (45 )   $ 256  
                         
    Add or subtract the following:                    
    Depreciation and amortization expense     222       165       343             730  
    Gain (loss) on acquisitions/dispositions, net           (214 )                 (214 )
    Other income (expense), net1     68       (79 )     93       1       83  
    Income tax (expense) recovery     18       25       101       (11 )     133  
    Equity accounted income (loss)     (3 )     26       (15 )           8  
    Interest income (expense), net     230       149       366       25       770  
    Equity accounted Adjusted EBITDA2     24       33       15             72  
    Amounts attributable to non-controlling interests3     (346 )     (157 )     (744 )           (1,247 )
    Adjusted EBITDA   $ 213     $ 104     $ 304     $ (30 )   $ 591  


    Notes:

    1. Other income (expense), net corresponds to amounts that are not directly related to revenue earning activities and are not normal, recurring income or expenses necessary for business operations. The components of other income (expense), net include $125 million of gains recorded at our offshore oil services due to vessel upgrades and unrealized gains recorded on reclassification of property, plant and equipment to finance leases, $78 million of business separation expenses, stand-up costs and restructuring charges, $50 million of net revaluation losses, $35 million of transaction costs and $45 million of other expenses.
    2. Equity accounted Adjusted EBITDA corresponds to the Adjusted EBITDA attributable to the partnership that is generated by its investments in associates and joint ventures accounted for using the equity method.
    3. Amounts attributable to non-controlling interests are calculated based on the economic ownership interests held by the non-controlling interests in consolidated subsidiaries.
         
    Brookfield Business Partners L.P.
    Reconciliation of Non-IFRS Measure
         
        Three Months Ended March 31, 2024
    US$ millions, unaudited   Business
    Services
      Infrastructure
    Services
      Industrials   Corporate
    and Other
      Total
                         
    Net income (loss)   $ 240     $ (65 )   $ 98     $ (70 )   $ 203  
                         
    Add back or deduct the following:                    
    Depreciation and amortization expense     254       212       342             808  
    Impairment reversal (expense), net     (4 )     (12 )     6             (10 )
    Gain (loss) on acquisitions/dispositions, net     (15 )                       (15 )
    Other income (expense), net1     (140 )     (18 )     32       10       (116 )
    Income tax expense (recovery)     24       (3 )     (27 )     (9 )     (15 )
    Equity accounted income (loss)     (1 )     (4 )     (18 )           (23 )
    Interest income (expense), net     252       180       327       37       796  
    Equity accounted Adjusted EBITDA2     17       39       16             72  
    Amounts attributable to non-controlling interests3     (422 )     (186 )     (548 )           (1,156 )
    Adjusted EBITDA   $ 205     $ 143     $ 228     $ (32 )   $ 544  


    Notes:

    1. Other income (expense), net corresponds to amounts that are not directly related to revenue earning activities and are not normal, recurring income or expenses necessary for business operations. The components of other income (expense), net include $158 million of net revaluation gains, $50 million of other income related to a distribution at our entertainment operation, $21 million of transaction costs, $19 million of business separation expenses, stand-up costs and restructuring charges and $52 million of other expenses.
    2. Equity accounted Adjusted EBITDA corresponds to the Adjusted EBITDA attributable to the partnership that is generated by our investments in associates and joint ventures accounted for using the equity method.
    3. Amounts attributable to non-controlling interests are calculated based on the economic ownership interests held by the non-controlling interests in consolidated subsidiaries.

    Brookfield Business Corporation Reports First Quarter 2025 Results

    BROOKFIELD, News, May 2, 2025 – Brookfield Business Corporation (NYSE, TSX: BBUC) announced today its net income (loss) for the quarter ended March 31, 2025.

      Three Months Ended
    March 31,
    US$ millions, unaudited   2025     2024  
         
    Net income (loss) attributable to Brookfield Business Partners $ (58 ) $ (150 )

    Net loss attributable to Brookfield Business Partners for the three months ended March 31, 2025 was $58 million compared to net loss of $150 million during the same period in 2024. Current period results included $7 million of remeasurement loss on our exchangeable and class B shares that are classified as liabilities under IFRS. As at March 31, 2025, the exchangeable and class B shares were remeasured to reflect the closing price of $23.46 per unit.

    Dividend

    The Board of Directors has declared a quarterly dividend in the amount of $0.0625 per share, payable on June 30, 2025 to shareholders of record as at the close of business on May 30, 2025.

    Additional Information

    Each exchangeable share of Brookfield Business Corporation has been structured with the intention of providing an economic return equivalent to one unit of Brookfield Business Partners L.P. Each exchangeable share will be exchangeable at the option of the holder for one unit. Brookfield Business Corporation will target that dividends on its exchangeable shares be declared and paid at the same time as distributions are declared and paid on the Brookfield Business Partners’ units and that dividends on each exchangeable share will be declared and paid in the same amount as distributions are declared and paid on each unit to provide holders of exchangeable shares with an economic return equivalent to holders of units.

    In addition to carefully considering the disclosures made in this news release in its entirety, shareholders are strongly encouraged to carefully review the Letter to Unitholders, Supplemental Information and other continuous disclosure filings which are available at https://bbu.brookfield.com.

    Please note that Brookfield Business Corporation’s previous audited annual and unaudited quarterly reports have been filed on SEDAR+ and EDGAR and are available at https://bbu.brookfield.com/bbuc under Reports & Filings. Hard copies of the annual and quarterly reports can be obtained free of charge upon request.

                               
    Brookfield Business Corporation
    Consolidated Statements of Financial Position
     
      As at
    US$ millions, unaudited March 31, 2025   December 31, 2024
               
    Assets          
    Cash and cash equivalents   $ 968       $ 1,008  
    Financial assets     324         353  
    Accounts and other receivable, net     3,397         3,229  
    Inventory, net     59         52  
    Other assets     641         627  
    Property, plant and equipment     2,479         2,480  
    Deferred income tax assets     206         197  
    Intangible assets     6,031         5,966  
    Equity accounted investments     201         198  
    Goodwill     4,993         4,988  
    Total Assets   $ 19,299       $ 19,098  
               
    Liabilities and Equity          
    Liabilities          
    Accounts payable and other   $ 5,371       $ 5,276  
    Non-recourse borrowings in subsidiaries of the company     8,711         8,490  
    Exchangeable and class B shares     1,682         1,709  
    Deferred income tax liabilities     951         988  
               
    Equity          
    Brookfield Business Partners $ (78 )     $ (59 )  
    Non-controlling interests   2,662         2,694    
          2,584         2,635  
    Total Liabilities and Equity   $ 19,299       $ 19,098  
       
    Brookfield Business Corporation
    Consolidated Statements of Operating Results
       
      Three Months Ended
    March 31,
    US$ millions, unaudited   2025     2024  
         
    Revenues $ 1,966   $ 1,865  
    Direct operating costs   (1,789 )   (1,652 )
    General and administrative expenses   (75 )   (64 )
    Interest income (expense), net   (219 )   (210 )
    Equity accounted income (loss)   3     1  
    Impairment reversal (expense), net       (2 )
    Remeasurement of exchangeable and class B shares   (7 )   (111 )
    Other income (expense), net   (34 )   (11 )
    Income (loss) before income tax   (155 )   (184 )
    Income tax (expense) recovery    
    Current   (23 )   (44 )
    Deferred   43     54  
    Net income (loss) $ (135 ) $ (174 )
    Attributable to:    
    Brookfield Business Partners $ (58 ) $ (150 )
    Non-controlling interests   (77 )   (24 )


    Cautionary Statement Regarding Forward-looking Statements and Information

    Note: This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, include statements regarding the operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies and outlook of Brookfield Business Partners, as well as regarding recently completed and proposed acquisitions, dispositions, and other transactions, and the outlook for North American and international economies for the current fiscal year and subsequent periods, and include words such as “expects”, “anticipates”, “plans”, “believes”, “estimates”, “seeks”, “intends”, “targets”, “projects”, “forecasts”, “views”, “potential”, “likely” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may”, “will”, “should”, “would” and “could”.

    Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, investors and other readers should not place undue reliance on forward-looking statements and information because they involve assumptions, known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause the actual results, performance or achievements of Brookfield Business Partners to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements and information. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to us or are within our control. If a change occurs, our business, financial condition, liquidity and results of operations and our plans and strategies may vary materially from those expressed in the forward-looking statements and forward-looking information herein.

    Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to, the following: the cyclical nature of our operating businesses and general economic conditions and risks relating to the economy, including unfavorable changes in interest rates, foreign exchange rates, inflation, commodity prices and volatility in the financial markets; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; business competition, including competition for acquisition opportunities; strategic actions including our ability to complete dispositions and achieve the anticipated benefits therefrom; global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; changes to U.S. laws or policies, including changes in U.S. domestic and economic policies as well as foreign trade policies and tariffs; technological change; litigation; cybersecurity incidents; the possible impact of international conflicts, wars and related developments including terrorist acts and cyber terrorism; operational, or business risks that are specific to any of our business services operations, infrastructure services operations or industrials operations; changes in government policy and legislation; catastrophic events, such as earthquakes, hurricanes and pandemics/epidemics; changes in tax law and practice; and other risks and factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States including those set forth in the “Risk Factors” section in our annual report for the year ended December 31, 2024 filed on Form 20-F.

    Statements relating to “reserves” are deemed to be forward-looking statements as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described herein can be profitably produced in the future. We qualify any and all of our forward-looking statements by these cautionary factors.

    We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on our forward-looking statements and information, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

    Cautionary Statement Regarding the Use of a Non-IFRS Measure

    This news release contains references to a Non-IFRS measure. Adjusted EBITDA is not a generally accepted accounting measure under IFRS and therefore may differ from definitions used by other entities. We believe this is a useful supplemental measure that may assist investors in assessing the financial performance of Brookfield Business Partners and its subsidiaries. However, Adjusted EBITDA should not be considered in isolation from, or as a substitute for, analysis of our financial statements prepared in accordance with IFRS.

    References to Brookfield Business Partners are to Brookfield Business Partners L.P. together with its subsidiaries, controlled affiliates and operating entities. Unitholders’ results include limited partnership units, redemption-exchange units, general partnership units, BBUC exchangeable shares and special limited partnership units. More detailed information on certain references made in this news release will be available in our Management’s Discussion and Analysis of Financial Condition and Results of Operations in our interim report for the first quarter ended March 31, 2025 furnished on Form 6-K.

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Parks! America, Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Parks! America, Inc. (OTCQX: PRKA), owner and operator of three regional safari parks, has qualified to trade on the OTCQX® Best Market. Parks! America, Inc. upgraded to OTCQX from the Pink® market.

    Parks! America, Inc. begins trading today on OTCQX under the symbol “PRKA.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    Ralph Molina, Head of Investor Relations and Corporate Strategy, stated, “We are excited to graduate to the OTCQX Market, the highest market tier of OTC Markets, and join approximately 600 other publicly-traded securities who meet the rigorous standards required to trade on this premium market.”

    About Parks! America, Inc.
    Parks! America, Inc. (OTCQX: PRKA), through our wholly owned subsidiaries, is the owner and operator of three regional safari parks and is in the business of acquiring, developing and operating local and regional entertainment assets in the United States.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI Africa: Basketball Africa League (BAL) Debutant Kriol Star Defeats Home Team ASC Ville de Dakar in Overtime, Petro Beats Monastir

    Source: Africa Press Organisation – English (2) – Report:

    DAKAR, Senegal, May 2, 2025/APO Group/ —

    Patrick McGlynn (29 points) and Ivan Almeida (22 points and nine rebounds) combined for 51 points and BAL debutant (BAL.NBA.com) Kriol Star (Cape Verde) beat home team ASC Ville de Dakar 95-92 in overtime on a night to remember in the packed Dakar Arena in Senegal last night. Dakar outrebounded the Star 58-34, which included 24 offensive rebounds, and led in second chance points 26-10, but finished the game with 16 turnovers, compared to the Star’s five. Makhtar Gueye led Dakar with 20 points and six rebounds, with Ater Majok adding 16 points, nine rebounds and two blocks.

    Earlier in the afternoon, the defending champion Petro de Luanda (Angola) beat the 2022 BAL champion US Monastir (Tunisia) 78-68. Four Petro players scored in double digits, including 21 points and 11 rebounds from Rigberto Mendoza. Led by Patrick Hardy Jr. (16 points), Monastir were more efficient from behind the arc (41.2 percent), but turned the ball over 21 times.

    With every team’s record tied (2 wins and 2 losses), and two games left to play for each contender, it will all come down to the final weekend of the competition. US Monastir will take on Kriol Star and ASC Ville de Dakar will face Petro de Luanda when the Sahara Conference continues on Saturday.  

    The 2025 Basketball Africa League season is reaching fans in 214 countries and territories in 17 languages through free-to-air and paid TV broadcast partnerships, including on Canal+, ESPN, FIBA’s digital platform Courtside 1891 and livestreaming on the NBA App, NBA.com, BAL.NBA.com and the BAL’s YouTube (apo-opa.co/4jATT1E) channel.

    MIL OSI Africa

  • MIL-OSI: Radware Launches New Cloud Security Service Centers in India and Kenya

    Source: GlobeNewswire (MIL-OSI)

    MAHWAH, N.J., May 02, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, announced the launch of new cloud security service centers in Chennai and Mumbai, India, and Nairobi, Kenya. Today, Radware supports a network of more than 50 cloud security service centers worldwide with a mitigation capacity up to 15Tbps.

    Radware’s global network of data centers mitigates attacks closest to their point of origin. This helps organizations improve application response times for in-region traffic and reduce mitigation response times against a variety of attacks, including denial-of-service attacks, web application attacks, malicious bot traffic, and attacks on APIs. It also helps them keep data within their borders to meet strict data privacy regulations.

    According to Radware’s 2025 Global Threat Analysis Report, Web DDoS attacks, which appear as high intensity, Layer 7 application attacks, surged globally 550%, while web application and API attacks rose 41% between 2023 and 2024.

    “Our ongoing investments in our security network continue to play an important role in our cloud security growth strategy,” said Haim Zelikovsky, vice president of cloud security services for Radware. “Cloud innovation is central to our mission in providing customers industry-leading cyber protection, reliability, and availability at a time when cyber threats are not only increasing in frequency and magnitude but also sophistication.”

    Radware has received numerous awards for its DDoS mitigation, application and API protection, web application firewall, and bot detection and management solutions. Industry analysts such as Aite-Novarica Group, Forrester, Gartner, GigaOm, IDC, KuppingerCole and QKS Group continue to recognize Radware as a market leader in cyber security.

    About Radware
    Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.

    Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, X, and YouTube.

    ©2025 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

    Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

    The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

    Safe Harbor Statement
    This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say in this press release that cyber threats are not only increasing in frequency and magnitude but also sophistication, we are using forward-looking statements. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others;  outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

    Media Contact:
    Gerri Dyrek
    Radware
    Gerri.Dyrek@radware.com

    The MIL Network

  • MIL-OSI: Patria Reports First Quarter 2025 Earnings Results

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, May 02, 2025 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) reported today its unaudited results for the first quarter ended March 31, 2025. The full detailed presentation of Patria’s first quarter 2025 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/.

    Alex Saigh, Patria’s CEO, said: “Patria is off to a very exciting start to 2025 as fundraising totaled a record $3.2 billion, highlighting the expanded reach of our investment platforms and distribution capabilities, and putting us in a strong position to achieve our $6 billion fundraising target for the year. We also reported 1Q25 FRE of $42.6 million, or $0.27 per share, representing year-over-year growth of 21% and 16%, respectively, despite the volatility in the region. Also, FEAUM grew 6% sequentially and 46% year-over-year, and we generated over $700 million of organic net inflows, reflecting an annualized organic growth rate of 9%. While a looming trade war and rising global economic concerns create potential headwinds, we believe we are well positioned to generate the $200 to $225 million of FRE we are targeting for 2025 as the increased diversification of our platform is paying off in terms of fundraising and profitable organic growth, enhancing our confidence in the three-year targets we introduced at our Investor Day back on December 9th.”

    Financial Highlights (reported in $ USD)

    IFRS results included $13.6 million of net income attributable to Patria in Q1 2025. Patria generated Fee Related Earnings of $42.6 million in Q1 2025, up 21% from $35.1 million in Q1 2024, with an FRE margin of 55.1%. Distributable Earnings were $36.8 million for Q1 2025, or $0.23 per share.

    Dividends

    Patria declared a quarterly dividend of $0.15 per share to record holders of common stock at the close of business on May 14th, 2025. This dividend will be paid on June 12th, 2025.

    Conference Call

    Patria will host its first quarter 2025 earnings conference call via public webcast on May 2nd, 2025, at 9:00 a.m. ET. To register and join, please use the following link:

    https://edge.media-server.com/mmc/p/ah6qnzkp/

    For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria’s website at https://ir.patria.com/ shortly after the call’s completion.

    About Patria

    Patria is a global alternative asset management firm focused on the mid-market segment, specializing in resilient sectors across select regions. We are the leading asset manager in Latin America and have a strong presence in Europe through our extensive network of General Partners relationships. Our on-the-ground presence combines investment leaders, sector experts, company managers, and strategic relationships, allowing us to identify compelling investment opportunities accessible only to those with local proficiency. With 36 years of experience and over $45 billion in assets under management, we consistently deliver attractive returns through long-term investments, while promoting inclusive and sustainable development in the regions where we operate. Further information is available at www.patria.com.

    Asset Classes: Private Equity, Solutions (GPMS), Credit, Real Estate, Infrastructure, and Public Equities

    Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services

    Investment Regions: Latin America, Europe and US

    Forward-Looking Statements

    This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “could,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words, among others. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of unanticipated events. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time, including but not limited to those described under the section entitled “Risk Factors” in our most recent annual report on Form 20-F, as such factors may be updated from time to time in our periodic filings with the United States Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our periodic filings.

    Contact

    Patria Shareholder Relations
    E. PatriaShareholderRelations@patria.com
    T. +1 917 769 1611

    The MIL Network

  • MIL-OSI Video: Europe Day Brussels 2025: Discover the EU at the Heart of Europe!

    Source: European Commission (video statements)

    Have you ever wanted to explore all the European institutions in just one day? Now’s your chance during Europe Day Brussels 2025.

    Join us on Saturday, 10 May, at the European Commission’s Berlaymont building for an unforgettable Europe Day celebration. From 10:00 to 18:00, enjoy interactive activities, family-friendly entertainment, and hands-on experiences that will immerse you in the spirit of the European Union.

    P.S: Check locally in your own country! This event isn’t just happening in Brussels, all EU Member States are also hosting their own Open Days events. See you there!

    https://www.youtube.com/watch?v=AHGbyKOsgpQ

    MIL OSI Video

  • MIL-OSI Asia-Pac: “Legal Currents: A Regulatory Handbook on India’s M&E Sector 2025 – to be released tomorrow

    Source: Government of India

    Posted On: 02 MAY 2025 2:39PM by PIB Mumbai

    Mumbai, 2 May 2025

     

    WAVES 2025 is a watershed moment in the Media and Entertainment landscape of India and the event will witness the release of a key Report titled “Legal Currents: A Regulatory Handbook on India’s Media & Entertainment Sector 2025.” Prepared by Khaitan & Co., one of the knowledge partners of WAVES 2025, the Report outlines the regulatory frameworks that continue to shape and unleash the growing potential of India’s vibrant Media & Entertainment ecosystem.

    The legal guide comes at a crucial moment as India’s M&E industry undergoes unprecedented transformation, driven by regulatory frameworks that have enabled industry participants to leverage their skills and technological innovation across broadcasting and infotainment, gaming, AI, digital media and films. Along with a rapid increase in internet accessibility and shifts in Indian content consumption, India is undergoing a digital transformation facilitated by proactive and receptive governance. The Government has optimised and eased regulatory processes for sectors such as print and linear broadcasting on television and radio, which still command a significant audience within India.

    The handbook covers key Government initiatives and legal interventions that have incentivised and streamlined the legal roadmap for market entry, collaboration and operations by foreign players. The Central and state Governments have also introduced production and co-production incentive schemes, positioning India as a premier destination for content creation.

    In key sectors such as advertising, online gaming, and digital media, a collaborative partnership has evolved between industry bodies and the Government, providing operational flexibility for stakeholders while ensuring legal compliance.

    As India strengthens its position as a global content hub, this handbook is aimed to serve as a vital resource for stakeholders in the vibrant, tech-driven M&E space.

     

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: “A Studio Called India:” Ernst & Young Report to be Released at WAVES 2025 tomorrow

    Source: Government of India

    Posted On: 02 MAY 2025 2:36PM by PIB Mumbai

    Mumbai, 2 May 2025

     

    India’s rise as a global content powerhouse is the focus of the report “A Studio Called India” by Ernst & Young which will be unveiled tomorrow at WAVES 2025 in Mumbai. The report underlines India’s growing influence in the global media and entertainment (M&E) landscape, driven by its expanding digital market, cultural diversity, and advanced production capabilities:

    • India’s diverse culture and advanced infrastructure make it a creative powerhouse
    • Animation and VFX costs are 40% to 60% lower in India and there is a large skilled workforce to support global production workflows
    • Indian content is gaining international acceptance, with up to 25% of views on global OTT platforms being generated outside of India

    The report aims to highlight India’s impressive growth and innovation in the M&E sector, positioning the country as a leader in global content creation. India is rapidly becoming a global content hub, driven by its expanding digital market, diverse cultural and linguistic heritage, and rich storytelling traditions that resonate with audiences worldwide.

    Key highlights of the Report will include:

    • Digital media takeover: In 2024, digital media overtook television to become the largest segment of India’s M&E sector, contributing over INR800 billion (US$9.4 billion) and accounting for 32% of sector revenues.
    • Content production: India produced approximately 200,000 hours of original content last year, including 1,600 films, 2,600 hours of premium OTT content, and 20,000 original songs. This positions India as one of the largest content- creation houses globally.
    • Technological advancements: AI and new technologies are revolutionizing the content industry in India. AI-driven platforms enhance the efficiency and quality of content production, enabling rapid creation of professional-grade videos, images, text, and music.
    • Live events surge: In 2024 alone, India hosted over 30,000 live events, including concerts featuring global artists like Ed Sheeran and Coldplay. Ticketed events have quadrupled in the last five years, highlighting the growing appetite for live entertainment.

    Talent pool expansion: The M&E sector employs 2.8 million people directly, with an additional 10 million in indirect employment. India’s scalable talent advantage is bolstered by its diverse cultural and linguistic landscape, fostering a thriving content ecosystem.

     

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Ministry of I&B to release Statistical Handbook on Media and Entertainment Sector 2024-25 Tomorrow at WAVES 2025

    Source: Government of India

    Posted On: 02 MAY 2025 2:29PM by PIB Mumbai

    Mumbai, 2 May 2025

     

    WAVES 2025 to witness the release of Statistical Handbook on Media and Entertainment Sector 2024-25 of Ministry of Information and Broadcasting, tomorrow. This is part of Government’s affirmation of the need for timely, reliable, authentic and comprehensive data on the M&E Sector as Media and Entertainment is an important component of the service sector having huge potential to contribute to growth of the economy of the country.  Media & Entertainment ecosystem is a sunrise sector expected to grow at 7% CAGR to reach 3067 billion INR in 2027 as per the latest estimate. Various policy initiatives taken and its implementation need to be backed by appropriate data to have the optimum outcome.

    Keeping in view the data requirement of the Ministry and other stakeholders in the sector, the Statistical Handbook on Media & Entertainment sector 2024-25, with the updated data and information on different segments of M&E sector will be launched at WAVES 2025 tomorrow.

    A few snippets from the Statistical Handbook on Media & Entertainment sector 2024-25 are as follows:

    • Registered print publications soared from 5,932 in 1957 to 154,523 in 2024-25, with a CAGR of 4.99%
    • A total of 130 books on various themes including Children’s literature, History and freedom struggles, personalities and biographies, Builders of modern India, Science, technology and environment and other themes have been published by Publications Division, Ministry of Information & Broadcasting during 2024-2025.
    • 100% geographical coverage through DTH service by March 2025.
    • Doordarshan Free Dish Channels: 33 channels in 2004 to 381 in 2025.
    • All India Radio (AIR) Coverage: Provides 98% population coverage through radio as of March 2025. Number of AIR radio stations grew from 198 in 2000 to 591 in 2025. 
    • Private Satellite TV Channels surged from 130 in 2004-05 to 908 in 2024-25
    • Private FM stations grew from 4 in 2001 to 388 by 2024.
    • Information on State/UT-wise operational Private FM Radio Stations in India as on 31.03.2025.
    • Community Radio Stations (CRS) surged from 15 in 2005 to 531 in 2025. Data about State/UT/District/Location wise Operational CRS in India as on 31.03.2025 are also included.
    • 741 Indian feature films certified in 1983, which was increased to 3455 in 2024-25, with a cumulative total of 69,113 by 2024-25

     

    In addition to statistical data, information on the following is also available in the Handbook:

    • Awards in the film sector including International Film Festivals organized and documentaries produced by NFDC are also available in the Handbook.
    • Digital Media and Creator Economy including WAVES OTT Platform, Indian Institute of Creative Technologies (IICT) and Create in India Challenge (CIC) under WAVES 2025.
    • Landmark events in Information and Broadcasting Sector viz. the Press Registrar General of India (PRGI), Akashwani, Doordarshan, Private FM Radio Stations and TV-INSAT
    • Skilling courses under Ministry of Information & Broadcasting.

    Ease of Doing Business initiatives by Ministry of Info & Broadcasting including Transformative Portals.

     

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Provisional statistics of retail sales for March 2025

    Source: Hong Kong Government special administrative region

         The Census and Statistics Department (C&SD) released the latest figures on retail sales today (May 2).

         The value of total retail sales in March 2025, provisionally estimated at $30.1 billion, decreased by 3.5% compared with the same month in 2024. The revised estimate of the combined value of total retail sales in January and February 2025 decreased by 7.8% compared with the same period a year earlier. For the first quarter of 2025, it was provisionally estimated that the value of total retail sales decreased by 6.5% compared with the same period in 2024.

         Of the total retail sales value in March 2025, online sales accounted for 8.1%. The value of online retail sales in that month, provisionally estimated at $2.4 billion, decreased by 0.5% compared with the same month in 2024. The revised estimate of the combined value of online retail sales in January and February 2025 decreased by 2.4% compared with the same period a year earlier. For the first quarter of 2025, it was provisionally estimated that the value of online retail sales decreased by 1.7% compared with the same period in 2024.

         After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales in March 2025 decreased by 4.8% compared with a year earlier. The revised estimate of the combined volume of total retail sales in January and February 2025 decreased by 9.9% compared with the same period a year earlier. For the first quarter of 2025, the provisional estimate of the total retail sales decreased by 8.3% in volume compared with the same period in 2024.

         Analysed by broad type of retail outlet in descending order of the provisional estimate of the value of sales and comparing March 2025 with March 2024, the value of sales of jewellery, watches and clocks, and valuable gifts decreased by 3.9%. This was followed by sales of wearing apparel (-10.8% in value); commodities in department stores (-5.0%); motor vehicles and parts (-46.4%); fuels (-3.9%); footwear, allied products and other clothing accessories (-7.7%); Chinese drugs and herbs (-1.0%); books, newspapers, stationery and gifts (-0.9%); furniture and fixtures (-17.3%); and optical shops (-2.7%).

         On the other hand, the value of sales of other consumer goods not elsewhere classified increased by 0.6% in March 2025 over a year earlier. This was followed by sales of commodities in supermarkets (+5.2% in value); medicines and cosmetics (+1.2%); food, alcoholic drinks and tobacco (+7.8%); and electrical goods and other consumer durable goods not elsewhere classified (+6.7%).

         Based on the seasonally adjusted series, the provisional estimate of the value of total retail sales increased by 3.8% in the first quarter of 2025 compared with the preceding quarter, while the provisional estimate of the volume of total retail sales increased by 2.2%.

    Commentary

         A government spokesman said that the value of total retail sales increased further in March 2025 over the preceding month on a seasonally adjusted comparison, and its year-on-year decline continued to narrow. For the first quarter as a whole, the value of total retail sales resumed an increase over the preceding quarter on a seasonally adjusted comparison. 

         Looking ahead, the spokesman said the sustained steady growth of the Mainland economy, the Government’s proactive efforts to boost the consumption market through promotion of tourism and mega events, as well as the increase in employment earnings will continue to support the retail sector. However, the increased level of uncertainty in the global economic outlook and the ongoing impact of the change in consumption patterns will pose challenges to the sector. 

    Further information

         Table 1 presents the revised figures on value index and value of retail sales for all retail outlets and by broad type of retail outlet for February 2025 as well as the provisional figures for March 2025. The provisional figures on the value of retail sales for all retail outlets and by broad type of retail outlet as well as the corresponding year-on-year changes for the first quarter of 2025 are also shown.

         Table 2 presents the revised figures on value of online retail sales for February 2025 as well as the provisional figures for March 2025. The provisional figures on year-on-year changes for the first quarter of 2025 are also shown.

         Table 3 presents the revised figures on volume index of retail sales for all retail outlets and by broad type of retail outlet for February 2025 as well as the provisional figures for March 2025. The provisional figures on year-on-year changes for the first quarter of 2025 are also shown.

         Table 4 shows the movements of the value and volume of total retail sales in terms of the year-on-year rate of change for a month compared with the same month in the preceding year based on the original series, and in terms of the rate of change for a three-month period compared with the preceding three-month period based on the seasonally adjusted series.

         The classification of retail establishments follows the Hong Kong Standard Industrial Classification (HSIC) Version 2.0, which is used in various economic surveys for classifying economic units into different industry classes.

         These retail sales statistics measure the sales receipts in respect of goods sold by local retail establishments and are primarily intended for gauging the short-term business performance of the local retail sector. Data on retail sales are collected from local retail establishments through the Monthly Survey of Retail Sales (MRS). Local retail establishments with and without physical shops are covered in MRS and their sales, both through conventional shops and online channels, are included in the retail sales statistics.

         The retail sales statistics cover consumer spending on goods but not on services (such as those on housing, catering, medical care and health services, transport and communication, financial services, education and entertainment) which account for over 50% of the overall consumer spending. Moreover, they include spending on goods in Hong Kong by visitors but exclude spending outside Hong Kong by Hong Kong residents. Hence they should not be regarded as indicators for measuring overall consumer spending.

         Users interested in the trend of overall consumer spending should refer to the data series of private consumption expenditure (PCE), which is a major component of the Gross Domestic Product published at quarterly intervals. Compiled from a wide range of data sources, PCE covers consumer spending on both goods (including goods purchased from all channels) and services by Hong Kong residents whether locally or abroad. Please refer to the C&SD publication “Gross Domestic Product by Expenditure Component” for more details.

         More detailed statistics are given in the “Report on Monthly Survey of Retail Sales”. Users can browse and download this publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080003&scode=530).

         Users who have enquiries about the survey results may contact the Distribution Services Statistics Section of C&SD (Tel: 3903 7400; E-mail: mrs@censtatd.gov.hk).

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Suspected red tide sighted at Silver Mine Bay Beach

    Source: Hong Kong Government special administrative region

    Attention TV and radio announcers:

    Please broadcast the following as soon as possible:

    Here is an item of interest to swimmers.

    The Leisure and Cultural Services Department announced today (May 2) that due to the sighting of a suspected red tide, the red flag has been hoisted at Silver Mine Bay Beach in Islands District. Beachgoers are advised not to swim at the beach until further notice.

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  • MIL-OSI Asia-Pac: Chinese Culture Festival 2025 to screen selected Chinese opera films on Three Kingdoms (with photos)

    Source: Hong Kong Government special administrative region

         The Chinese Opera Festival (COF), as a core part of the Chinese Culture Festival (CCF) 2025, will launch the screening programme “Chinese Opera Film Shows” from May to September. The programme will showcase 10 classic Chinese opera films from the 1950s to 1980s, featuring Cantonese opera, Peking opera and Yuediao opera. To resonate with the theme of “Three Kingdoms” of this year’s COF, most selected films are inspired by the stories of “Romance of Three Kingdoms”, with a special focus on the plays related to “Zhou Yu Thrice Humiliated”, “Invoking the East Wind”, “A Meeting of Heroes” and “The Battle at Changbanpo”, making a delightful contrast between the stage performances and film screenings for similar repertories at the festival.

         Details of the Cantonese opera film screenings are as follows:—————————————————————————————–
    Date: May 31 (Saturday)
    Starring: Sun Ma Si-tsang, Yam Kim-fai, Ng Kwun-lai, Choi Zhen-chu
    Synopsis: Zhuge Liang (Hung Ming) is entrusted to persuade Zhou Yu (Chow Yu) to form an alliance against the State of Wei, but Zhou repeatedly schemes to make things difficult for him. Later, after Shu seizes control of Jingzhou, Zhou attempts various stratagems to reclaim the territory, all of which are cleverly thwarted by Zhuge. Coupled with repeated military defeats, Zhou dies of frustration and despair.—————————————————————————————–
    Date: June 14 (Saturday)
    Starring: Ho Fei-fan, Lam Dan, Leung Sing-por, Mak Bing-wing
    Synopsis: General Fan Yuqi of Qin is entrusted to invite Crown Prince Dan of Yan and his consort to Qin as guests. The King of Qin breaks his promise and imprisons them instead. Fan helps the royal couple escape successfully. Infuriated, the King launches an assault on Yan on a false claim. Crown Prince Dan accepts the courtier Tian Guang’s recommendation to send Jing Ke to assassinate the King.—————————————————————————————–
    Date: July 12 (Saturday)
    Starring: Fong Yim-fun, Yam Kim-fai, Mak Bing-wing, Poon Yat-on
    Synopsis: Cao Cao decrees Lady Zhen is to marry Cao Pi. Heartbroken, Cao Zhi loses his creative spirit. Later, Pi ascends the throne. He believes rumours suggesting that Zhi is the father of his child, and forces Lady Zhen to take poison and banishes Zhi to a remote land, forcing the lovers apart forever.—————————————————————————————–
    Date: August 30 (Saturday)
    Starring: Sun Ma Si-tsang, Tang Bik-wan, Lau Hark-suen, Pak Lung-chu
    Synopsis: Dong Zhuo holds sway in the imperial court and renders the young king a mere figurehead, aided by the formidable warrior Lü Bu (Lui Bo). Concerned for the state, the songstress Diao Chan (Diu Sim) and minister Wang Yun devise a honey trap. Wang promises Diao’s hand to Dong and Lü. Diao begs Lü to rescue her by killing Dong. Meanwhile, Diao tearfully reports to Dong that Lü had taken liberties with her, thus turning the partners into enemies.—————————————————————————————–
    Date: July 9 (Wednesday)
    Starring: Xiao Changhua, Ma Lianliang, Tan Fuying, Ye Shenglan
    Synopsis: Zhou Yu and Huang Gai stage a ruse, pretending to defect to Cao Cao’s army and execute a fire attack. Cao is suspicious, and dispatches Jiang Gan to investigate. Jiang mistakenly believes that there is internal strife in Eastern Wu, and convinces Cao that Eastern Wu poses no real threat. In the end, Zhuge Liang successfully invokes the easterly wind, giving the Wu-Shu alliance the upper hand in battle.—————————————————————————————–
    Date: July 30 (Wednesday)
    Starring: Ma Lianliang, Tan Fuying, Ye Shenglan, Qiu Shengrong, Yuan Shihai, Xiao Changhua 
    Synopsis: At Xiakou, Zhuge Liang and Zhou Yu come together to resist Cao Cao’s advances. To spy on their coalition, Cao dispatches Jiang Gan to visit Zhou under the guise of friendship. Zhou sees through the ruse and organises a grand feast for civil and military elites. He deliberately let Jiang steal a forged letter of surrender from Cao’s general and escape back to Cao’s camp. The letter leads the suspicious Cao to mistakenly believe that there is treachery within his ranks and to execute several of his own generals.—————————————————————————————–
    Date: August 6 (Wednesday)
    Starring: Gao Shenglin, Yuan Shihai, Li Shizhang
    Synopsis: After Shu’s defeat by Wei, Guan Yu is forced to surrender and imprisoned by Cao Cao. Later, he learns of Liu Bei’s whereabouts, and escapes to reunite with Liu. On hearing that Zhang Fei is stationed at the Old City, Guan rushes there, but Zhang is suspicious of Guan’s intentions. Guan shows his unwavering loyalty by killing Cai Yang of the Cao army who arrives in pursuit. Zhang realises his grave mistake and apologises. The brothers are reunited.—————————————————————————————–
    Date: August 27 (Wednesday)
    Starring: He Quanzhi, Shen Fengmei, Chen Jing, Mu Baicheng
    Synopsis: Zhou Yu is determined to reclaim Jingzhou. His negotiations with Zhuge Liang prove fruitless, triggering a fierce battle in which Zhou suffers a crushing defeat and dies of grief at Baqiu. Zhuge travels to Wu to attend Zhou’s memorial. General Zhang Zhao lays an ambush with the intent of capturing Zhuge. Zhuge points out to Zhang that any strife between the states of Shu and Wu would only benefit Cao Cao. At that moment, Cao is advancing with an army of hundreds of thousands. Zhang quickly apologises to Zhuge, and they begin discussing a joint plan to repel the invasion.—————————————————————————————–
    Date: September 3 (Wednesday)
    Starring: Mei Lanfang, Jiang Miaoxiang
    Synopsis: Cao Pi crowns Lady Zhen as royal consort, but she is drawn to the literary brilliance of his younger brother, Cao Zhi. The two begin a forbidden romance in the face of grave danger. Upon discovering Lady Zhen’s infidelity, Pi executes her in a fit of rage. Years later, Zhi dreams of a divine calling from the Goddess of River Luo, and he goes to the appointed place, astonished to find Lady Zhen waiting for him. She has become the Goddess of River Luo, a celestial being, forever separated from the mortal realm.—————————————————————————————–
    Date: September 10 (Wednesday)
    Starring: Yuan Shihai, Li Jialin, Yu Dalu 
    Synopsis: Liu Bei’s retreat from Xinye is pursued by Cao Cao’s forces through the night at Changbanpo. Liu becomes separated from his troops and family. Zhao Yun charges into the enemy camp alone and rescues the local governors Jian Yong and Mi Zhu. He also fights valiantly to protect Lady Gan and Liu’s infant son, A Dou, leading them safely through the encirclement. 
         The above-mentioned Cantonese opera films will be screened at the Lecture Hall of the Hong Kong Space Museum at 7.45pm, and the Peking opera and Yuediao opera films will be screened at the Cinema of the Hong Kong Film Archive at 7.30pm. Tickets priced at $70 per screening are now available at URBTIX (www.urbtix.hk 
         The programme will also feature two sessions under the “Chinese Culture for All: A Special Performance Series”, featuring the film of Peking opera “A Meeting of Heroes” (1957), to be held at 11am and 2.30pm on September 8 (Monday) at the Cinema of the Hong Kong Film Archive. Free admission specially for local primary and secondary school students to allow them to have the opportunity to appreciate the traditions and essence of Peking opera through the timeless masterpiece. Interested schools can call 2268 7325 for details. 

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: “I believe WAVES will be a launching pad for India to lead the world in creative content:” Allu Arjun

    Source: Government of India

    Posted On: 01 MAY 2025 9:48PM by PIB Mumbai

    Mumbai, May 1, 2025

    The city of dreams shimmered a little brighter this Thursday as Icon Star Allu Arjun took centre stage at the World Audio Visual Entertainment Summit (WAVES) 2025, held at Jio World Centre, Mumbai. The much-anticipated ‘In Conversation’ session titled ‘Talent Beyond Borders’, moderated by TV9 Network’s MD & CEO Barun Das, became a heartfelt masterclass in stardom, survival, and soul.

    Allu Arjun praised the summit as a beacon for India’s rising global narrative in storytelling. “India has always had the soul. Now, we have the stage,” he said, beaming. “I believe WAVES will be a launching pad for India to lead the world in creative content.”

    The conversation turned intimate as the Pushpa actor reflected on a life-altering accident that forced a six-month hiatus. “That pause was a blessing in disguise,” he revealed. “It made me shift my gaze inward, from stunts to substance. I realized, as the muscles fade, the mastery must rise. Acting became my new frontier.”

    The actor confirmed his upcoming project with director Atlee, calling it “a visual spectacle rooted in Indian emotion.” “We’re blending international technology with Desi soul — a film for India, and from India, to the world,” he said, eyes gleaming with passion.

    The conversation also delved into the challenges of surviving in an ever-evolving industry. “There are extraordinary young actors emerging in every language. You must stay authentic, stay hungry, and be versatile,” he advised. “This is not just an industry, it’s a battlefield of creativity, resilience, and evolution.”

    But it was when he spoke of his roots that the hall collectively held its breath. With emotion lacing every word, Arjun paid tribute to his illustrious family: hisgrandfather Allu Ramalingaiah, father and producer Allu Aravind, and Chiranjeevi, his uncle and lifelong inspiration. “I’m not a self-made man,” he confessed. “I’ve grown with the guidance, support, and greatness of those around me. I’m blessed.”

    When asked about his strength, he said it was all for the fans. “When the lights dim and the applause fades, it is you who lift me. It is you who remind me why I do this. My energy… is you.”

    Inaugurated by Minister Narendra Modi, WAVES 2025 is being looked upon as a historic milestone in India’s creative odyssey.

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  • MIL-OSI Asia-Pac: Anime Ascending: Experts Decode Global Storytelling Strategies and Industry Growth at WAVES 2025

    Source: Government of India

    Anime Ascending: Experts Decode Global Storytelling Strategies and Industry Growth at WAVES 2025

    India has a unique ability to scale bold models that have not worked elsewhere: Jeremy Lim, GFR Fund
    Visionaries Behind the Screen: Fireside Chat Explores the Future of VFX in Cinematic Universes at WAVES 2025

    India to become a superpower in the VFX industry and WAVES is a great initiative to take it forward

    Posted On: 01 MAY 2025 9:39PM by PIB Mumbai

    Mumbai, 1 May 2025

     

    The inaugural day at the maiden WAVES 2025 Summit at the Jio World Convention Centre in Mumbai witnessed insightful breakout sessions delving deep into the vibrant AVGC sector of India.

    A dynamic breakout session titled “Anime Ascending: Unlocking Global Potential in Storytelling, Fandom & Industry Growth” brought together leading figures from the Japanese and Indian animation industries for a high-powered conversation on the evolution, emotional core, and global trajectory of anime, with key focus on India’s growing potential.

    Moderated by Shri Munjal Shroff, Chair, FICCI AVGC-XR Forum, the session featured a distinguished panel: Mr. Makoto Tezka, Director & CEO, Nontetra; Mr. Hideo Katsumata, President, The Anime Times Company, Japan; Mr. Makoto Kimura, CEO, Blue Rights, Japan; Mr. Atsuo Nakayama, CEO & President, Re Entertainment Co. Ltd.; and Ms. Anu Sikka, Business Head – Kids Entertainment and Infotainment, Jiostar.

    Mr. Hideo Katsumata spoke about the increasing focus on Indian audiences and languages. He underscored the importance of societal engagement and cultural integration, stating, “We are exploring ways to blend Japanese animation with Indian traditions to connect with local audiences.”

    Mr. Atsuo Nakayama offered valuable insights into the economic impact of anime in Japan and noted the vital role of the consumer. He expressed optimism about India as a promising market for Japanese animation and stressed the potential of the entertainment business in bridging cultural and commercial ties between the two nations.

    In a detailed presentation, Mr. Makoto Tezka traced the origin of anime, emphasizing that the roots of Japanese animation lie deeply embedded in manga culture.

    Ms. Anu Sikka highlighted the extensive research undertaken in India to better understand what resonates with young viewers. “The cultural relatability and emotional connect with Japanese content have contributed to anime’s growing popularity among Indian children,” she said, adding that behavioral analysis of viewership trends has significantly guided programming decisions

    Mr. Makoto Kimura emphasized on the growing global footprint of anime and its visible impact across countries.

    Moderated by Aditya Mani, CEO of Yologram Style, an insightful breakout session titled The New Arcade: VC’s Perspective on Gaming’s New Frontier, provided an in-depth look at the exciting opportunities and innovations within India’s gaming sector. The session featured a distinguished panel of venture capitalists (VCs) who discussed key trends, challenges, and opportunities within the gaming industry. The panel included Anuj Tandon, Partner at Bitkraft Venture, Sharan Tulsiani, Founder of Jetapult, Vinay Bansal, Founder & CEO of Inflection Point Ventures, Nihansh Bhat, Corporate Development Lead at KRAFTON India, and Jeremy Lim, Principal at GFR Fund.

    The panel emphasised India’s unique position as a country of storytellers. India’s rich cultural narrative tradition is increasingly being woven into interactive media. Gaming, they pointed out, is converging not only with films and digital fashion but also with mainstream media with Indian gaming studios emerging as significant contributors.

    Jeremy Lim pointed out that India has a unique ability to scale bold models that have not worked elsewhere.

    A key focus of the session was the role of localisation in driving success within emerging markets. While global models serve as inspiration, the panel underscored the necessity of adapting gaming experiences to local insights and consumer behaviours.

    Looking ahead to 2025, the growing influence of artificial intelligence (AI) was underscored. AI is set to play a key role in personalising gameplay, enhancing user interaction, and driving immersive storytelling.

    The breakout session on VFX provided a unique opportunity to explore the pivotal role of visual effects in modern cinema and its future in shaping storytelling. Moderated by Sh. Akhauri P. Sinha, Managing Director, Framestore India, the session featured distinguished panelists Sh. Jaykar Arudra, VFX Supervisor, DNEG; Sh. Sandeep Kamal, Independent VFX Supervisor; and Sh. Srinivas Mohan, acclaimed for his work on Baahubali and 2.0. The panelists provided insights into how VFX is revolutionizing cinematic narratives.

    Sh. Jaykar Arudra stressed the importance of research and design in meeting the creative demands of VFX-intensive productions. “It’s not just about spectacle—it’s about story integrity,” he noted. He further stated, “India is poised to become a superpower in the VFX industry, and WAVES is a great initiative to take this vision forward.”

    “Technology is a game-changer,” noted Sh. Srinivas Mohan. He said, “When applied wisely, it allows us to break limitations and create world-class visuals.”.

    Sh. Sandeep Kamal discussed the increasing accessibility of high-quality VFX tools and how affordability is no longer a barrier to excellence. “A clear vision is what guides us in achieving both quality and deadlines,” he noted.

    The breakout sessions embodied deep sentiments of optimism and collaboration, as Anime, VFX and Gaming continue to evolve as powerful cultural and commercial forces worldwide. These sectors hold unprecedented potential for India. True to the spirit of WAVES, the breakout sessions were a celebration of innovation and storytelling.

     

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