Category: Entertainment

MIL-OSI Russia: The Art of Being a Polytechnician: How an Engineering University Became a Territory of Culture

Translation. Region: Russian Federation –

Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

Future engineers are taught to listen to music. For Peter the Great St. Petersburg Polytechnic University, this has been a routine matter for 18 years. That is how long the Polytechnic has been implementing the unique educational practice of “Creative Semesters” for Russian universities.

The Polytechnic is the only university in the country where the development of students’ creative abilities is built into the educational process using the best examples of world musical culture. Instead of an auditorium, there is a concert hall, lecturers are a conservatory professor and musicians of a symphony orchestra. Future civil engineers, nuclear physicists, technologists, systems analysts, bioengineers – all first-year students of the Polytechnic do not just listen to Mozart and Bach, Tchaikovsky and Rachmaninov, they learn to hear and understand music.

For 18 years in a row, the Polytechnic University has been purposefully educating students in music, revealing to them the cultural heritage accumulated by humanity. The university’s leaders are convinced that the walls of the Polytechnic University should not just produce graduates, but the future elite of Russia, those who will determine the life of the country tomorrow. Their ideas and decisions will shape the future of the Russian economy, politics and culture, says the author of the project, the head of the Directorate of Cultural Programs and Youth Creativity of SPbPU Boris Kondin.

This year, the first lesson of the “Creative Semesters” was devoted to getting acquainted with the electronic musical instrument theremin, invented in the last century at the Polytechnic Institute. In the second lesson, students became participants in the musical and literary composition “Russia, don’t be afraid, we are with you!”, in which theater actors, soloists and musicians, through the prism of the Leningrad blockade, talked about the tragic events in Donbass. Now the Polytechnic students are getting acquainted with classical music of different eras, learning to talk about it, and willingly enter into dialogue with Professor Igor Rogalev of the St. Petersburg State Conservatory named after N. A. Rimsky-Korsakov.

In every person there lives both a creator and a scoundrel, and one of them wins. It seems to me that it is music that clears the way for the creator, for the artist, – Igor Rogalev is sure. – Music is a life-giving emotion, a feeling that gives life. Freshmen come out of our meetings different. There are more creators.

Many students, most of whom came to study from the regions, hear a symphony orchestra live for the first time in their lives in the majestic interiors of the concert hall.

This is divine! I didn’t know that music can also be described in words. The discovery in such a field is surprising, – shared first-year student of IPMET Maxim Pashin.

Lively discussions about music during creative semesters are very interesting. According to my observations, first-year students are cultured people, classical music will resonate in everyone’s heart! – says first-year student of IPMET Ivan Sinko.

Over the 18 years of the “Creative Semesters”, more than 50 thousand students have been able to receive a “cultural vaccination”. In addition to music lessons for future engineers, the Polytechnic University can boast of the White Hall with a concert philharmonic repertoire, a huge number of creative student associations, including two theaters, two choirs, vocal studios and a pop-symphony orchestra. Since the beginning of the new academic year, all of them have been involved in another cultural project of the Polytechnic University. “Musical Break”— mini-concerts on the main staircase of the Main Building.

In the spring of 2024, the SPbPU Academic Council adopted the concept of developing the university as a cultural territory, and these are the first steps towards its implementation. Banners with quotes from great thinkers, writers, and scientists about culture, education, and the purity of language have also appeared on campus, and their number will grow. A specially created film about the inadmissibility of obscene language has been shown. Creative contacts are being established with the St. Petersburg Theological Academy. The issue of covering the entire university campus with music, which today only sounds above the entrance to the Main Building, is being resolved.

All of this university activity in the musical and aesthetic education of students is in line with the National Security Strategy of Russia in terms of protecting traditional Russian spiritual and moral values, culture and historical memory.

The founder of the Polytechnic University, Sergei Witte, believed that educating a modern engineer without a good humanitarian background is not only immoral, but also destructive for the country. Today, thanks to the support of the rector of SPbPU, Andrei Rudskoy, the culture at the university is entering a new stage of development.

This is what the story said about it “Why do engineers need a classical music education?” on Channel One.

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

MIL OSI Russia News –

January 26, 2025
MIL-OSI Russia: Become a social media star: The new season of the TopBLOG project starts

Translation. Region: Russian Federation –

Source: State University of Management – Official website of the State –

Registration is open for participation in the fourth season of the all-Russian project “TopBLOG” of the presidential platform “Russia – the Land of Opportunities” for authors of useful content. Participants will be able to complete a relevant educational program, get a unique chance to conclude advertising and partnership contracts on cooperation, compete for valuable prizes, become part of a closed blogging community and declare themselves to the whole country.

Applications can be submitted by residents of all countries of the world without age restrictions on the website topblog.rsv.ru.

The All-Russian educational project “TopBLOG” helps to build a career in the media industry and learn how to effectively work with an audience on social networks. This is the first free educational project for bloggers in Russia. “TopBLOG” has already united more than 150 thousand people of different ages from all regions of our vast country and foreign countries.

In the new fourth season, you will find a unique track “Media Laboratory”. Among the experts: Head of the Social Media Department of the Presidential Academy Ruzanna Ayrapetyan; Channel One and NTV presenter Ekaterina Shugaeva; blogger, TV presenter, singer, actor and producer Roman Kagramanov; blogger, singer, actress and TV presenter MIA BOYKA; bloggers, artists, music producers NANSI

What exactly will you learn in the Media Lab? This is a track that will primarily help you master the key knowledge and skills needed for those who strive for professional development and reaching new heights in the media industry. Together with the project experts, bloggers will go through an educational block, complete practical tasks and analyze their blogs, and attend useful webinars. Participants will master a full range of competencies needed to create and promote content on social networks. Hurry! Registration will last until December 15.

News about the TopBLOG project can be found on the official website.

The All-Russian educational project “TopBLOG” has been implemented since 2020 within the framework of the program “Social lifts for everyone” of the national project “Education”.

Subscribe to the tg channel “Our State University” Announcement date: 11/1/2024

«ТопБЛОГ» президентской платформы «Россия – страна возможностей» для авторов полезного контента….” data-yashareImage=”https://guu.ru/wp-content/uploads/ТопБлог.webp” data-yashareLink=”https://guu.ru/%d1%81%d1%82%d0%b0%d0%bd%d1%8c-%d0%b7%d0%b2%d0%b5%d0%b7%d0%b4%d0%be%d0%b9-%d1%81%d0%be%d1%86%d1%81%d0%b5%d1%82%d0%b5%d0%b9-%d1%81%d1%82%d0%b0%d1%80%d1%82%d1%83%d0%b5%d1%82-%d0%bd%d0%be%d0%b2%d1%8b/”>

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

MIL OSI Russia News –

January 26, 2025

MIL-OSI: Bitfarms Provides October 2024 Production and Operations Update

Source: GlobeNewswire (MIL-OSI)

– Earned 236 BTC in October 2024 & Increased Bitcoin Treasury to 1,188 BTC –

This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023.

TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF), a global leader in vertically integrated Bitcoin data center operations, today announced its latest monthly production report. All financial references are in U.S. dollars.

In October, Bitfarms announced a second hosting agreement with Stronghold Digital Mining, Inc. (“Stronghold”) that will deploy 10,000 miners, originally scheduled for Yguazu, Paraguay, to Stronghold’s Scrubgrass site. This follows an initial hosting agreement for 10,000 miners signed in September for a total of 20,000 miners to be deployed at Stronghold’s two sites in Pennsylvania. The two hosting agreements support approximately 4 EH/s with energization expected in several tranches over the coming months.

CEO Ben Gagnon stated, “While we are pleased to have reached our year-end efficiency goal of 21 w/TH three months ahead of schedule, we recognize that we are behind schedule on delivering our mid-year 12 EH/s target. Despite improvements in recent miner shipments, continued miner warranty servicing has impeded the achievement of our hash rate target. We have a strong partnership with Bitmain and appreciate their diligence in rapidly servicing the underperforming miners as deliveries are scheduled to accelerate in the last two months of the year.”

Mining Review
October mining operations generated 236 BTC compared to 217 BTC in September reflecting a 3% increase in average operating EH and an 8% increase in Bitcoin difficulty during the month.

Key Performance Indicators	October 2024	September 2024	October 2023
Total BTC earned	236	217	398
Month End Operating EH/s	11.5	11.3	6.3
BTC/Avg. EH/s	22	21	67
Average Operating EH/s	10.6	10.3	5.9
Operating Capacity (MW)	310	310	240
Hydropower (MW)	256	256	186
Watts/Terahash Efficiency (w/TH)	21	21	35
BTC Sold	194	173	341

October 2024 Select Operating Highlights

11.5 EH/s operational at October 31, 2024, up 83% Y/Y.
10.6 EH/s average operational, up 80% Y/Y and up 3% M/M.
22.2 BTC/average EH/s, up 5% M/M and 67% lower Y/Y.
236 BTC earned, up 9% M/M and 41% lower Y/Y.
7.6 BTC earned daily on average, equal to ~$540,000 per day based on a BTC price of $71,000 at October 31, 2024.

Bitfarms’ BTC Monthly Production

Month	BTC Earned 2024	BTC Earned 2023
January	357	486
February	300	387
March	286	424
April	269	379
May	156	459
June	189	385
July	253	378
August	233	383
September	217	411
October	236	398
YTD Totals	2,496	4,090

October 2024 Financial Update

Sold 194 of the 236 BTC earned as part of the Company’s regular treasury management practice for total proceeds of $13.0 million.
Added 42 BTC, bringing Treasury to 1,188 BTC, up from 1,147 BTC last month and representing $84.3 million based on a BTC price of $71,000 at October 31, 2024.
Synthetic HODL™ of 802 long-dated BTC call options at October 31, 2024, up from 602 at the end of the prior month.

Upcoming Conferences and Events

November 13-14: Cantor Crypto, Digital Assets & AI Infrastructure Conference (Miami)
November 19-20: ROTH Technology Conference (NYC)
November 20: Special Meeting of Bitfarms Shareholders (Virtual)
December 4: B. Riley Crypto & Energy Infrastructure Conference (NYC)
December 12: Northland Growth Conference (Virtual)
January 14-15, 2025: Needham Growth Conference (NYC)

About Bitfarms Ltd.

Founded in 2017, Bitfarms is a global vertically integrated Bitcoin data center company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining facilities with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime.

Bitfarms currently has 12 operating Bitcoin data centers and two under development, as well as hosting agreements with two data centers, in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

To learn more about Bitfarms’ events, developments, and online communities:

www.bitfarms.com
https://www.facebook.com/bitfarms/
https://twitter.com/Bitfarms_io
https://www.instagram.com/bitfarms/
https://www.linkedin.com/company/bitfarms/

Glossary of Terms

Y/Y or M/M= year over year or month over month
BTC or BTC/day = Bitcoin or Bitcoin per day
EH or EH/s = Exahash or exahash per second
MW or MWh = Megawatts or megawatt hour
w/TH = Watts/Terahash efficiency (includes cost of powering supplementary equipment)
Synthetic HODL™ = the use of instruments that create BTC equivalent exposure

Forward-Looking Statements

This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding the impact of the Stronghold hosting agreements, projected growth, target hashrate, opportunities relating to the Company’s geographical diversification and expansion, deployment of miners as well as the timing therefor, closing of the Stronghold acquisition on a timely basis and on the terms as announced, , the ability to gain access to additional electrical power and grow hashrate of the Stronghold business, performance of the plants and equipment upgrades and the impact on operating capacity including the target hashrate and multi-year expansion capacity, the opportunities to leverage Bitfarms’ proven expertise to successfully enhance energy efficiency and hashrate, and other statements regarding future growth, plans and objectives of the Company are forward-looking information.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information.

This forward-looking information is based on assumptions and estimates of management of Bitfarms at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Bitfarms to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors, risks and uncertainties include, among others: receipt of the approval of the shareholders of Stronghold and the Toronto Stock Exchange for the Stronghold acquisition as well as other applicable regulatory approvals; that the Stronghold acquisition may not close within the timeframe anticipated or at all or may not close on the terms and conditions currently anticipated by the parties for a number of reasons including, without limitation, as a result of a failure to satisfy the conditions to closing of the Stronghold acquisition; the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine digital currency is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the power purchase agreements and economics thereof may not be as advantageous as expected; potential environmental cost and regulatory penalties due to the operation of the Stronghold plants which entail environmental risk and certain additional risk factors particular to the business of Stronghold including, land reclamation requirements may be burdensome and expensive, changes in tax credits related to coal refuse power generation could have a material adverse effect on the business, financial condition, results of operations and future development efforts, competition in power markets may have a material adverse effect on the results of operations, cash flows and the market value of the assets, the business is subject to substantial energy regulation and may be adversely affected by legislative or regulatory changes, as well as liability under, or any future inability to comply with, existing or future energy regulations or requirements, the operations are subject to a number of risks arising out of the threat of climate change, and environmental laws, energy transitions policies and initiatives and regulations relating to emissions and coal residue management, which could result in increased operating and capital costs and reduce the extent of business activities, operation of power generation facilities involves significant risks and hazards customary to the power industry that could have a material adverse effect on our revenues and results of operations, and there may not have adequate insurance to cover these risks and hazards, employees, contractors, customers and the general public may be exposed to a risk of injury due to the nature of the operations, limited experience with carbon capture programs and initiatives and dependence on third-parties, including consultants, contractors and suppliers to develop and advance carbon capture programs and initiatives, and failure to properly manage these relationships, or the failure of these consultants, contractors and suppliers to perform as expected, could have a material adverse effect on the business, prospects or operations; the digital currency market; the ability to successfully mine digital currency; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power to operate cryptocurrency mining assets; the risks of an increase in electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which Bitfarms and Stronghold operate and the potential adverse impact on profitability; future capital needs and the ability to complete current and future financings, including Bitfarms’ ability to utilize an at-the-market offering program ( “ATM Program”) and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; volatile securities markets impacting security pricing unrelated to operating performance; the risk that a material weakness in internal control over financial reporting could result in a misstatement of financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to Bitfarms’ filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission (the “SEC”) at www.sec.gov), including the MD&A for the year-ended December 31, 2023, filed on March 7, 2024 and the MD&A for the three and six months ended June 30, 2024 filed on August 8, 2024, and its registration statement on Form F-4 (File No. 333-282657) filed by Bitfarms with the SEC (the “registration statement”), which includes a proxy statement of Stronghold that also constitutes a prospectus of Bitfarms (the “proxy statement/prospectus”). Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms does not undertake any obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Additional Information about the Merger and Where to Find It

This communication relates to a proposed merger between Stronghold and Bitfarms. In connection with the proposed merger, Bitfarms intends to file with the SEC a registration statement on Form F-4, which will include a proxy statement of Stronghold that also constitutes a prospectus of Bitfarms. After the registration statement is declared effective, Stronghold will mail the proxy statement/prospectus to its shareholders. This communication is not a substitute for the registration statement, the proxy statement/prospectus or any other relevant documents Bitfarms and Stronghold has filed or will file with the SEC. Investors are urged to read the proxy statement/prospectus (including all amendments and supplements thereto) and other relevant documents filed with the SEC carefully and in their entirety if and when they become available because they will contain important information about the proposed merger and related matters.

Investors may obtain free copies of the registration statement, the proxy statement/prospectus and other relevant documents filed by Bitfarms and Stronghold with the SEC, when they become available, through the website maintained by the SEC at www sec.gov. Copies of the documents may also be obtained for free from Bitfarms by contacting Bitfarms’ Investor Relations Department at investors@bitfarms.com and from Stronghold by contacting Stronghold’s Investor Relations Department at SDIG@gateway-grp.com.

No Offer or Solicitation

This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Participants in Solicitation Relating to the Merger

Bitfarms, Stronghold, their respective directors and certain of their respective executive officers may be deemed to be participants in the solicitation of proxies from Stronghold’s shareholders in respect of the proposed merger. Information regarding Bitfarms’ directors and executive officers can be found in Bitfarms’ annual information form for the year ended December 31, 2023, filed on March 7, 2024, as well as its other filings with the SEC. Information regarding Stronghold’s directors and executive officers can be found in Stronghold’s proxy statement for its 2024 annual meeting of stockholders, filed with the SEC on April 29, 2024, and supplemented on June 7, 2024, and in its Form 10-K for the year ended December 31, 2023, filed with the SEC on March 8, 2024. This communication may be deemed to be solicitation material in respect of the proposed merger. Additional information regarding the interests of such potential participants, including their respective interests by security holdings or otherwise, will be set forth in the proxy statement/prospectus and other relevant documents filed with the SEC in connection with the proposed merger if and when they become available. These documents are available free of charge on the SEC’s website and from Bitfarms and Stronghold using the sources indicated above.

Investor Relations Contacts:

Bitfarms
Tracy Krumme
SVP, Head of IR & Corp. Comms.
+1 786-671-5638
tkrumme@bitfarms.com

Media Contacts:

Québec: Tact
Louis-Martin Leclerc
+1 418-693-2425
lmleclerc@tactconseil.ca

The MIL Network –

January 26, 2025

MIL-OSI United Kingdom: City Art Centre presents POP LIFE: A vibrant fusion of pop culture and contemporary figurative drawing featuring works by 13 Scottish and international artists

Source: Scotland – City of Edinburgh

This November, art enthusiasts and pop culture aficionados are invited to immerse themselves in POP LIFE, an exhibition that explores the intersection of popular culture and contemporary figurative drawing, challenging traditional distinctions between high and low art.

Opening on Saturday, 2 November, POP LIFE features works by 13 Scottish and international artists, many of whom will be exhibiting in Scotland for the first time. Each artist uniquely engages with popular culture, referencing diverse influences such as music, film, fashion, literature, social media, and celebrities. The exhibition highlights this interplay, using familiar language to delve into themes that expand traditional drawing practices.

Co-curated by artists Euan Gray and Witte Wartena, POP LIFE is a travelling exhibition previously showcased in Sweden (2022-23) and the Netherlands (2023). This iteration has been tailored to include Scottish artists and underscores the enduring allure of the human form as a reflection of identity and societal norms, drawing inspiration from art history, socio-political movements, and cultural shifts over the past six decades.

Visitors can look forward to works by renowned and early-career artists including Marcel van Eeden, Euan Gray, Paul McDevitt, Charlotte Schleiffert, Sandra Vásquez de la Horra, Witte Wartena, David Shrigley, Andrew Cranston, Laura Bruce, Marc Brandenburg, Donald Urquhart, Jamie Fitzpatrick, and Fiona Michie—all of whom draw inspiration from the imagery and messages of pop culture.

Over 80 works will be presented, with several new pieces created specifically for this exhibition.

Marc Brandenburg has transformed a room of the gallery with UV light, to explore unseen sides of Tiergarten Park in Berlin, whilst Laura Bruce accompanies her drawn tributes to country music icons with vocal renditions of their biggest hits. Edinburgh-based artist Jamie Fitzpatrick is showing his large-scale drawings alongside a new monumental sculpture, looking critically and who in society is publicly memorialised. Internationally renowned artist David Shrigley will present 16 brand new drawings, showcasing his absurd and humorous work.

Culture and Communities Convener, Val Walker said:

I’m delighted that the City Art Centre can showcase this fantastic iteration of the POP LIFE exhibition featuring the works of 13 exciting artists. I’m especially proud that it will mark the first time some of these artists have displayed in Scotland, and that we will be presenting works created especially for the exhibition.

I’m sure visitors will be captivated by these pieces and engage with the ever-changing dynamics of art within society.

Curator Euan Gray, said:

In an era dominated by computer generated images, AI and 3D printing, this exhibition offers us a wonderful opportunity to champion the enduring appeal of traditional drawing, wholeheartedly embrace the language of pop culture and promote a remarkable group of Scottish and international artists for whom the human form remains an essential motif.

MIL OSI United Kingdom –

January 26, 2025
MIL-OSI Asia-Pac: Asia+ Festival: Asian Ethnic Cultural Performances to showcase diverse cultures of Asian and Belt and Road countries and regions (with photos)

Source: Hong Kong Government special administrative region

Asia+ Festival: Asian Ethnic Cultural Performances to showcase diverse cultures of Asian and Belt and Road countries and regions (with photos)
Asia+ Festival: Asian Ethnic Cultural Performances to showcase diverse cultures of Asian and Belt and Road countries and regions (with photos)
******************************************************************************************

To develop Hong Kong into an East-meets-West centre for international cultural exchange, this year’s Asia+ Festival, presented by the Culture, Sports and Tourism Bureau and organised by the Leisure and Cultural Services Department (LCSD), continues to collaborate with consulates general and overseas cultural organisations in Hong Kong to stage the Asian Ethnic Cultural Performances. The event will take place on November 10 (Sunday), from 2pm to 6pm at the Hong Kong Cultural Centre Piazza and Foyer, where the cultural essence and artistic talent from over 20 Asian and Belt and Road countries and regions will be featured. Admission is free. Members of the public are welcome to join. The theme for this year’s edition is “Celebration in Splendour”. Through folk music, dance, costume display, handicrafts and special delicacies, the event enables visitors to learn about how people of different nations celebrate milestones and important moments in their lives. Highlights include ethnic dances from Cambodia, Indonesia, Kazakhstan, Kuwait, Laos, Nepal, the Philippines, Russia, Singapore, Sri Lanka, Thailand, Türkiye and Vietnam; as well as traditional musical instrument performances from Kazakhstan, Korea and Kuwait. Of particular note is a 20-plus-member Kuwaiti group who will for the first time fly in to perform a sword dance and Middle East instruments, namely Daf and Mirwas. Members of the public can also enjoy handicraft displays from Bangladesh, Pakistan and other places, and participate in a vast range of workshops such as traditional dance, headgear making, spoon painting, Christmas decoration drawing, paper umbrella painting, and fragrant sachet making. Japanese sake and snacks from Türkiye and Vietnam will also be available at the food stalls on-site for the enjoyment of visitors of all ages. Additionally, an exhibition entitled “Sartorial Splendour – National Costume Exhibition” will be held from November 10 to 17 at the Hong Kong Cultural Centre Foyer. The eight-day exhibition showcases beautiful costumes and accessories that Asian people wear during festive events and celebratory performances. These include wedding attire and ethnic costumes from multiple countries and regions; Kuwait’s wedding attire and headdress; Laos’ Sinh skirts; Bidayuh, Orang Ulu and Dayak attire from the aboriginals in Malaysia; wedding attire from Myanmar; T’boli ethnic costumes from the Philippines; and Ao Dai gowns from Vietnam. There will also be a trial session of traditional Chinese costumes for visitors to deepen their understanding of Chinese culture. Along with the aforesaid live performances and exhibition, the Asian Ethnic Cultural Performances will also offer an online programme recapturing the event highlights, to be broadcast on November 24 on the LCSD’s Community Programmes Office (CPO) website (www.cpo.gov.hk/activity/en-aecp-2024-carnival/). Twenty-three countries and regions will participate in the event, including Hong Kong, China; Macao, China; Bangladesh; Cambodia; Indonesia; Japan; Kazakhstan; Korea; Kuwait; Laos; Malaysia; Mongolia; Myanmar; Nepal; Pakistan; the Philippines; Russia; Saudi Arabia; Singapore; Sri Lanka; Thailand; Türkiye and Vietnam. For more details of the event, please visit the CPO website or call 2591 1340. The second Asia+ Festival is running from September to November, highlighting the arts and cultures of nearly 30 Asian and Belt and Road countries and regions. Apart from stage programmes, there are also thematic exhibitions, an outdoor carnival, film screenings, outreach activities and more, numbering over 100 in total. For programme enquiries and concessionary schemes, please call 2370 1044 or visit asiaplus.gov.hk/2024/en/.

Ends/Friday, November 1, 2024Issued at HKT 19:35

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MIL OSI Asia Pacific News –

January 26, 2025
MIL-OSI: Stardust Power Announces Third Quarter 2024 Earnings Release Date, Conference Call

Source: GlobeNewswire (MIL-OSI)

GREENWICH, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) — Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced that that it plans to release its third quarter 2024 financial results after market close on Wednesday, November 13, 2024. Roshan Pujari, Founder and Chief Executive Officer and Uday Devasper, Chief Financial Officer will host a conference call at 5:30 pm ET on Wednesday, November 13, 2024 to discuss the Company’s performance.

Participants may access the call by clicking the participant call link and ask questions: https://register.vevent.com/register/BI636e5a7167ac45fe86b733d151aba0af. Upon registering at the link, you will receive the dial-in info and a unique PIN to join the call as well as an email confirmation with the details. You can also access the call via live audio webcast using the website link to listen in: https://edge.media-server.com/mmc/p/vd7zimt8.

Participants should log in at least 15 minutes early to receive instructions.

About Stardust Power Inc.

Stardust Power is a developer of battery-grade lithium products designed to supply the electric vehicle (EV) industry and bolster America’s energy leadership by building resilient supply chains. Stardust Power is developing a strategically central lithium refinery in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. The company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol “SDST.” For more information, visit www.stardust-power.com

Stardust Power Contacts

For Investors:
Johanna Gonzalez
investor.relations@stardust-power.com

For Media:
Michael Thompson
media@stardust-power.com

The MIL Network –

January 26, 2025
MIL-OSI: FINNOVATE ACQUISITION CORP. ANNOUNCES REVISED MONTHLY SPONSOR CONTRIBUTION OF $0.05 PER SHARE TO TRUST ACCOUNT FOR PROPOSED EXTENSION AND POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME NOVEMBER 6, 2024

Source: GlobeNewswire (MIL-OSI)

Boston, MA, Nov. 01, 2024 (GLOBE NEWSWIRE) — Finnovate Acquisition Corp. (“Finnovate” or the “Company”) (Nasdaq: “FNVT”, “FNVTU”, “FNVTW”) announced today that, in connection with the Company’s upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to consider and approve an extension of time for the Company to consummate an initial business combination from November 8, 2024 to May 8, 2025 (the “Extension”), Finnovate Sponsor, L.P. (the “Sponsor”) or its designees have agreed to revise their intended contribution to support the Extension, such that they will contribute to the Company as a loan an aggregate of $0.05 for each Class A ordinary share that is not redeemed, for each calendar month (commencing on November 8, 2024 and on the 8th day of each subsequent month) until May 8, 2025 (each, an “Extension Period”), or portion thereof, that is needed to complete an initial business combination (the “Contribution”). For example, if the Company takes until May 8, 2025 to complete its initial business combination, which would represent six calendar months, the Sponsor or its designees would make aggregate Contributions resulting in a redemption amount of approximately $11.91 per unredeemed share, in comparison to the current redemption amount of $ approximately 11.61 per share.

Each Contribution will be deposited in the trust account within seven calendar days from the beginning of each Extension Period (or portion thereof), and any Contribution is conditioned upon the implementation of the Extension. No Contribution will occur if the Extension is not approved or is not completed. The amount of each Contribution will not bear interest and will be repayable by the Company to the Sponsor or its designees upon consummation of its initial business combination. The Company will have the sole discretion whether to continue extending for additional calendar months until May 8, 2025. If the Company opts not to utilize any remaining portion of the Extension Period, then the Company will liquidate and dissolve promptly in accordance with its Articles, and its Sponsor’s obligation to make additional contributions will terminate.

In connection with the above announcement of the Contribution to be made by the Sponsor or its designees if the Extension is approved, the Company is also postponing the Special Meeting from the originally scheduled 10:00 a.m. Eastern time on Friday, November 1, 2024, to 10:00 a.m. Eastern time on Wednesday, November 6, 2024. At the Special Meeting, shareholders will be asked to vote on the proposal to extend the date by which the Company must consummate an initial business combination from November 8, 2024 to May 8, 2025, or such earlier date as determined by the Company’s board of directors.

As a result of this change, the Special Meeting will now be held at 10:00 a.m., Eastern time, on November 6, 2024, via a live webcast at https://www.cstproxy.com/finnovateacquisition/egm2024. Also as a result of this change, the deadline for holders of the Company’s Class A ordinary shares issued in the Company’s initial public offering to submit their shares for redemption in connection with the Extension, is being extended to 5:00 p.m., Eastern time, on Monday, November 4, 2024.

The Company plans to continue to solicit proxies from shareholders during the period prior to the Special Meeting. Only the holders of the Company’s ordinary shares as of the close of business on October 2, 2024, the record date for the Special Meeting, are entitled to vote at the Special Meeting.

About Finnovate Acquisition Corp.

Finnovate Acquisition Corp. (Nasdaq: FNVT) is a blank check company incorporated in the Cayman Islands with the purpose of acquiring one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. These forward-looking statements and factors that may cause such differences include, without limitation, uncertainties relating to the Company’s shareholder approval of the Extension, its inability to complete an initial business combination within the required time period or, and other risks and uncertainties indicated from time to time in filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 under the heading “Risk Factors” and in other reports the Company has filed, or to be filed, with the SEC. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Participants in the Solicitation

Finnovate and its directors, executive officers, other members of management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies from the securityholders of the Company in favor of the approval of the Extension Proposal. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of the Company’s directors and officers in the Company’s definitive proxy statement filed with the SEC on October 15, 2024 (as may be amended, the “Proxy Statement”), which may be obtained free of charge from the sources indicated above.

No Offer or Solicitation

This press release s shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Extension. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.

Additional Information and Where to Find It

Finnovate urges investors, shareholders and other interested persons to read the Proxy Statement as well as other documents filed by the Company with the SEC, because these documents will contain important information about the Company and the Extension. Shareholders may obtain copies of the Proxy Statement, without charge, at the SEC’s website at www.sec.gov or by directing a request to: Advantage Proxy, Inc., P.O. Box 10904, Yakima, WA 98909, Attn: Karen Smith.

INVESTOR RELATIONS CONTACT

Finnovate Acquisition Corp.
Calvin Kung
265 Franklin Street
Suite 1702
Boston, MA 02110
+1 (424) 253-0908

The MIL Network –

January 26, 2025
MIL-OSI Europe: AMERICA/CHILE – First National Youth Day: “Jesus calls you, do not say no”

Source: Agenzia Fides – MIL OSI

Saturday, 25 January 2025

La Serena (Agenzia Fides) – “Let us all open our hearts. You, especially young people, open your hearts to Jesus. Do it, do not be afraid, because the Lord needs you today, he needs all of us today”. With these words, the Auxiliary Bishop of the Archdiocese of La Serena, Henry Joseph Balzán, addressed the young people gathered for the first National Youth Day in Chile. The Prelate invited the young people to reflect on who the excluded of today are and to become instruments of inclusion and support, following the example of Jesus.“The Lord wants your heart to be ready to help the excluded of today, to seek them, to include them and to extend a hand to them. Jesus has called you, he wants to act through you. Do not say no to him”, said Bishop Balzán.The opening event, attended by thousands of young people, took place on January 22nd and marked the beginning of a series of almost a week of meetings, dialogues of hope, solidarity actions and artistic and cultural events that will take place in the cities of La Serena and Coquimbo until Sunday, January 26th.The opening Mass, presided over by the Auxiliary Bishop of La Serena and con-celebrated by about twenty bishops and as many priests from various dioceses, was accompanied by musical performances. “The musical accompaniment is intended to make the Mass an experience that will remain etched in the hearts of thousands of young people from all over Chile who will come together from Arica to Tierra del Fuego to celebrate faith, fraternity and hope together,” the organizers said in a statement sent to Fides.Bishop Balzán, member of the National Commission for the Day, in his welcoming speech emphasized the fact that the beginning of the day was celebrated on the feast of the young Blessed Laura Vicuña, born in Santiago de Chile, a student at the Institute of the Daughters of Mary Help of Christians, who at the age of thirteen offered her life to God for the conversion of her mother. She was beatified by John Paul II on September 3, 1988. Bishop Balzán, a member of the Youth Day Organizing Committee, stressed in his welcoming speech that this event of the Catholic Church in Chile takes place in the context of the beginning of the Jubilee proclaimed by Pope Francis, whose motto is part of the Youth Day: “National Youth Day 2025: Young Pilgrims of Hope”.After the opening on January 22, the meetings on January 23 focused on the theme “Jesus is our hope”. Today, January 24, has the theme “Witnesses of Hope”, in reference to the solidarity missions carried out by the young people in the midst of the different realities of the parish areas that have welcomed them. Saturday, January 25, has the theme “You are the light on our path”, with the young people gathering for the last Eucharistic celebrations in their parishes before moving to the Lighthouse of La Serena, where the common Eucharistic adoration vigil will be celebrated. Finally, on Sunday 26 May, there will be a day of “celebration and thanksgiving” which will end with a solemn closing mass. (AP) (Agenzia Fides, 25/1/2025)
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MIL OSI Europe News –

January 26, 2025
MIL-OSI: GameFi’s Rising Star: Monsta Mash Surpasses $1M Milestone

Source: GlobeNewswire (MIL-OSI)

LONDON, Jan. 25, 2025 (GLOBE NEWSWIRE) — The GameFi sector, a fusion of gaming and decentralized finance (DeFi), has emerged as a groundbreaking space within blockchain technology. Among the standout projects transforming this industry is Monsta Mash, a GameFi ecosystem that has achieved an extraordinary milestone by raising over $1 million in its presale stage. With its innovative approach and ambitious roadmap, Monsta Mash is carving its place as a leader in the GameFi landscape.

GameFi, short for “Game Finance,” merges traditional gaming elements with blockchain to offer players unique opportunities to earn real-world rewards through gameplay. Leveraging models like Play-to-Earn (P2E) and Tap-to-Earn (T2E), players can acquire cryptocurrencies or other digital assets. This combination of entertainment and financial incentives has fueled exponential growth in the sector, which is expected to reach $126.17 billion by 2032, according to market forecasts.

The Monsta Ecosystem: A GameFi Powerhouse

Monsta Mash distinguishes itself by combining action-packed gaming with blockchain technology. Built on the fast and scalable Solana network, the platform delivers an immersive gaming experience that overcomes the limitations of traditional GameFi projects. Its utility token, $MASH, is the core of this ecosystem, enabling players to convert in-game victories into tangible rewards.

The app, “Cryptids – Monsta Mash,” is available on both the Google Play Store and Apple App Store, with download milestones demonstrating its growing popularity among blockchain gaming enthusiasts. With a $0.00365 token presale price, Monsta Mash has attracted significant investor interest, including cryptocurrency whales, setting the stage for its projected price surge to $8 by the end of 2025.

The Journey Through Presale Stages

Monsta Mash’s presale journey is a testament to its potential and strong investor confidence. The platform had already secured over $1 million in funding. As it progresses through subsequent presale stages, the $MASH token price is projected to rise, offering early investors significant returns. Analysts predict $MASH will exceed $4 by mid-2025, making it one of the most promising tokens in the blockchain gaming space.

Monsta Mash’s rise reflects broader trends in the GameFi industry, which has seen remarkable growth in unique active wallets and user engagement. As blockchain gaming evolves, Monsta Mash is positioning itself as a leader by providing a blend of financial opportunity and engaging gameplay. Its innovative use of Solana’s capabilities ensures scalability and a seamless user experience, further solidifying its competitive edge over established ecosystems like Gala and The Sandbox.

Why Join the GameFi Movement with Monsta Mash?

For those eager to explore the GameFi industry, Monsta Mash offers a gateway to unparalleled opportunities. With its robust ecosystem, exciting gameplay, and the potential for financial gains, Monsta Mash invites players and investors alike to be part of the next big wave in blockchain gaming. Whether you’re a seasoned crypto enthusiast or new to decentralized technology, Monsta Mash provides an accessible and rewarding entry point into the dynamic world of GameFi.

Don’t miss your chance to join this revolution. Dive into the Monsta Mash ecosystem today and embrace the future of gaming and finance. Visit their official website and secure your $MASH tokens before the next big leap! Use Code “MONSTA50” for an additional 50% bonus.

Contact Us:

Name: Mukul Anand
Email: support@cryptidsgame.io
PR Manager

Disclaimer: This content is provided by “Cryptids Game”. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1323a748-dbcf-41e1-b0a7-52acccfbf8f6

The MIL Network –

January 26, 2025
MIL-OSI: Plume Network unlocks cross-chain RWA yields through SkyLink across 16 networks
Source: GlobeNewswire (MIL-OSI)

NEW YORK, Jan. 25, 2025 (GLOBE NEWSWIRE) — Plume Network, the first full-stack L1 RWA Chain, announced today a major expansion of its cross-chain ecosystem with the planned deployment of SkyLink across 16 blockchain networks. This development comes at a crucial time as Real World Assets (RWAs) have doubled in total on-chain value in the past year to almost $17 billion, emerging as one of the fastest-growing sectors in Web3.

Plume Network’s SkyLink, an interoperability solution for secure, cross-chain RWA yield distribution, will launch with an initial cohort of networks including Solana, Movement, Injective, Omni Network, Zircuit, Ape Chain, Core, Polyhedra, Gravity by Galxe, Merlin, Xion, Rome, Echelon, D3, Hemi, and Memento.

Users on these networks now have permissionless access to institutional-grade RWA yields, streamed directly to their wallets via SkyLink’s mirrored YieldTokens. The solution leverages LayerZero’s SyncPools for seamless omnichain functionality.

Notably, the mirrored tokens introduced by SkyLink ensure that total value locked (TVL) remains securely on the original chain, maintaining liquidity and bolstering the value of each network.

“The growth of the RWA sector depends on the collaborative efforts of diverse blockchain ecosystems, each contributing unique strengths to build a robust cross-chain infrastructure,” said Teddy Pornprinya, Co-founder of Plume Network. “By aligning with these networks, we’re establishing the foundation for an interoperable RWA landscape where institutional-grade yields are easily accessible across any chain or rollup.”

With traditional markets worth over $100 trillion in commodities, bonds, and stocks representing an enormous tokenization opportunity, this expansion addresses a key market need: while RWA tokenization has shown remarkable growth, the ability to distribute yields across different blockchain ecosystems has remained fragmented.

SkyLink’s integration with LayerZero enables unified pools with cross-chain mint and burn functions, allowing seamless issuance and redemption of YieldTokens across multiple chains while preserving Plume’s asset custody and compliance infrastructure.

The integration enables:
- Continuous yield streaming across any supported blockchain network
- Permissionless access to institutional-grade RWA yields
- Native composability for yield-bearing tokens across DeFi applications
- Unified compliance and security standards across all chains
“Looking ahead to 2025, we believe multi-chain interoperability will be crucial in unlocking the next phase of RWA adoption,” added Jason Meng, Head of Business Development at Plume Network. “Our goal is to make Plume the hub for cross-chain RWAfi yield distribution, supporting the growing demand for real world asset exposure in DeFi. We are actively seeking to integrate new networks to expand this ecosystem further.”

About Plume

Plume Network is the first full-stack L1 RWA Chain and ecosystem purpose-built for Real World Asset Finance (RWAfi), enabling the rapid adoption and demand-driven integration of real world assets. With 180+ projects building on the network, Plume offers a composable, EVM-compatible environment for onboarding and managing diverse real world assets. Coupled with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies asset onboarding and enables seamless DeFi integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for native crypto users.

Twitter | Website | Discord | Telegram

Contact Details:

Your full name: Shukyee Ma
Position: CSO
Email: shukyee@plumenetwork.xyz

Disclaimer: This content is provided by “Plume Network”. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d94e4c72-8e8f-49cb-b0c3-747cffb9fa28
https://www.globenewswire.com/NewsRoom/AttachmentNg/e5010bbe-c34b-47cd-833b-3527288317e9

The MIL Network –
January 26, 2025
MIL-OSI Asia-Pac: Tuen Mun Swimming Pool temporarily closed

Source: Hong Kong Government special administrative region

Attention TV/radio announcers:

Please broadcast the following as soon as possible and repeat it at regular intervals:

Here is an item of interest to swimmers.

The Leisure and Cultural Services Department announced today (January 25) that the Tuen Mun Swimming Pool in Tuen Mun District has been temporarily closed for cleaning and superchlorination following the discovery of a small amount of vomit in the pool.

It will be reopened at 6.30am tomorrow.

The department appeals to swimmers to be considerate and to keep the swimming pools clean. They are advised not to swim after a full meal and should use the toilet facilities if necessary before swimming.

MIL OSI Asia Pacific News –

January 26, 2025
MIL-OSI: KTON Targets $6.12 Billion Liquid Staking Opportunity on TON, Tapping Telegram’s 950 Million Users

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Jan. 25, 2025 (GLOBE NEWSWIRE) — KTON, an institutional-grade liquid staking protocol incubated by TONX, the leading TON-focused venture studio backed by top VC firms from the Asia-Pacific region, is gearing up for its V1 launch in February 2025. TONX, which recently unveiled a $5M accelerator program to foster innovation within the TON and Telegram ecosystem, is behind TONX API, the leading developer platform trusted by Blum, Catizen, Google Cloud, and over 20 leading projects. TONX is also the force behind Tonkey, a multisig solution managing $400M in assets and adopted by the TON Foundation. KTON is set to enter the United States and global markets, bringing its enterprise-grade liquid staking solution to institutional and retail users.

Telegram recently announced it will exclusively support The Open Network (TON) for its blockchain ecosystem. KTON is uniquely positioned to capitalize on this growth as it is being built specifically for TON users. Building on TONX’s success in the API and security space, KTON is positioned to capture the $6.12 billion TON liquid staking market opportunity.

KTON allows users to stake TON while receiving $KTON, unlocking liquidity without sacrificing staking rewards. Unlike existing solutions that often concentrate risk or lack robust standardization, KTON provides institutional-grade security tailored for family offices, trusts, and exchanges. Users can start staking with as little as 1 TON, and there is no lock-up period.

Unlocking TON’s $6.12B Liquid Staking Market Potential

Liquid staking has transformed blockchain ecosystems with Lido Finance dominating Ethereum’s LST market at $30B TVL. KTON aims to capture similar potential in TON’s nascent LST market, currently valued at $377M.

“Our research reveals TON’s LST ratio matches Solana at 10% of staked tokens, yet TON’s total staking rate is merely 13.7% versus Solana’s 69%, indicating a 5x growth potential. Furthermore, if TON’s LST ratio reaches Ethereum’s 36%, the market could surge 18X, unlocking an additional $6.12B in value,” said Dr. Awesome Doge, founder of TONX and KTON. “KTON aims to bridge this gap by providing the infrastructure needed to unlock this liquidity and drive TON’s DeFi expansion.”

KTON’s staking service will unlock liquidity, enabling seamless integration with leading TON native DEXs and protocols, and more DeFi giants which are entering TON like Ethena and Curve Finance. This offers TON users flexible and stable yield strategies through various DeFi opportunities while maintaining staking rewards.

“TONX’s triumph is a powerful testament to why KTON has solidified its place as a trusted pillar in the ecosystem,” said Howard Peng of TON Ventures.

Staking Ratios of Solana, Ethereum, and TON | TONX

Distribution of TON Staking (Total Issuance in USD) | TONX

KTON Sets New Standards for TON Liquid Staking Infrastructure

KTON is addressing the critical challenges of existing liquid staking solutions, such as concentration risks and lack of standardization, by introducing a decentralized protocol with institutional-grade security.

To further enhance accessibility, KTON is launching a Telegram Mini App designed for the platform’s 950M users in a move to bridge DeFi adoption and mainstream accessibility. By integrating liquid staking directly within Telegram, KTON simplifies the process, ensuring that anyone can participate with ease. This innovative approach positions KTON to drive the widespread adoption of TON blockchain technology, expanding its reach in the US market and globally.

The platform’s roadmap goes beyond staking rewards. Following the launch of KTON V1, the planned upgrade will introduce a dual-token model featuring $KTON and a new governance token. This system allows $KTON holders to earn rewards while actively participating in KTON DAO governance.

Unlock Your Yield with KTON, Launching February 2025

KTON is poised to seize the $6.12 billion market potential in TON’s liquid staking ecosystem with its enterprise-grade staking services. Launching this February, KTON provides the most secure and user-friendly solutions for both retail and institutional clients, enabling them to unlock liquidity, maximize staking rewards, and confidently participate in TON’s thriving DeFi ecosystem. KTON’s commitment to security, combined with a decentralized governance structure, makes KTON a trusted choice for staking at scale.

For partnerships and customized solutions, contact: contact@kton.io

About KTON

KTON is a next-generation liquid staking protocol built for the TON ecosystem, designed to unlock liquidity for both retail and institutional users. Through its liquid staking token $KTON, users can participate in TON’s growing DeFi ecosystem while earning staking rewards. Combining institutional-grade security with decentralized governance and seamless Telegram integration, KTON aims to drive TON’s ecosystem growth and mass adoption.

X | Telegram

About TONX

Founded in 2021, TONX is a SuperApp platform layer driving the new Web3 economy. As a cornerstone of the TON ecosystem, it delivers powerful tools like TONX API, a trusted RPC solution integrated with over 20 leading projects, and Tonkey, a secure multi-signature wallet managing over $400 million in assets.

TONX | X | Telegram | Blog | Docs | TONX API | Tonkey

Contact Us:

Ian Yeh
contact@tonx.tg

Disclaimer: This content is provided by “TONX”. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/449dbe70-77fe-4c3d-8a37-0d88b116206d
https://www.globenewswire.com/NewsRoom/AttachmentNg/c37d850e-ca33-4637-8de5-46fc12c6e8d6
https://www.globenewswire.com/NewsRoom/AttachmentNg/09461482-6ad3-4723-83d7-f504063fa014

The MIL Network –

January 26, 2025
MIL-OSI China: China’s 2025 film market promising with strong start

Source: China State Council Information Office 3

China’s film market is off to a strong start in 2025, with box office pre-sales for the Spring Festival surpassing 525 million yuan (about 73.2 million U.S. dollars) as of Saturday, fueling optimism about the performance of the world’s second-largest film market this year.

The Spring Festival, or the Chinese New Year, is the most important holiday on the Chinese calendar for family reunions and also one of the most lucrative movie-going seasons in China.

“The Spring Festival often sees the release of quality films, and the box office performance during this period sets the tone for the development trends of the entire year,” stated China International Capital Corporation, an investment bank offering consultancy services.

Figures from film data platform Beacon showed that advanced ticket bookings for movies set for release during the holiday exceeded 500 million yuan within just five days of pre-sales beginning on Jan. 19, signaling an upturn in China’s movie market.

After facing downturns in recent years, China’s film market is set to rebound in 2025, with a strong start during the holiday season, according to observers.

They predicted that the total box office revenue of the 2025 Spring Festival holiday season, running from Jan. 28 to Feb. 4, one day longer than before, has the potential to surpass the 2024 record of approximately 8 billion yuan and reach a new high.

Zhang Yue, president of Ao Yo International, a culture and media corporation, told a news service under the Chongqing Daily that a diverse range of films from various genres and subjects will be screened during the holiday, offering audiences more options.

“As living conditions improve, people’s demand for cultural and entertainment consumption has risen. The box office performance during the holiday is crucial for the market’s recovery this year,” Zhang was quoted as saying.

Six domestic films are set to debut on Jan. 29, the first day of the 2025 Chinese New Year. Among them is the highly anticipated blockbuster “The Legend of the Condor Heroes: The Great Hero,” an adaptation of a Chinese wuxia classic, which has generated 223 million yuan and become the biggest box office draw in the pre-sales chart.

“Ne Zha 2,” the sequel to the 2019 animated blockbuster “Ne Zha,” claimed the second spot, with advanced bookings totaling 89 million yuan. It is closely followed by the latest installment of the “Detective Chinatown” franchise and “Creation of the Gods II: Demon Force,” the second film in a mythology trilogy.

“My friend and I booked the tickets immediately upon hearing the news that ‘Creation of the Gods II: Demon Forces’ will be released,” said Song Jiaming, a film enthusiast from Beijing. “The first film in the series was a huge success in 2023, and we’re both excited for the upcoming release.”

The strong holiday season has raised optimism for a record-breaking year at the box office. The box office revenue of 2025 has reached 2.2 billion yuan by Saturday, according to Beacon.

Industry insiders believe that policy support and the recovery of market confidence will create new opportunities for growth in the film industry this year.

Song told Xinhua that she used to be a fan of Western movie franchises like “Avatar” and “The Lord of the Rings.” However, her interest has gradually shifted as an increasing number of domestic films, with strong cultural resonance, have graced the silver screen.

“Domestic films are playing an increasingly important role in the Chinese film market. They account for more than 80 percent of the box office with a trend of continuous growth,” according to Huang Wenyu, an industry analyst.

As the quality of domestic films improves and their range of genres expands, they are expected to maintain their dominance in the Chinese film market, Huang added.

To boost the film market, the China Film Administration has launched a consumption promotion campaign, offering subsidies totaling 600 million yuan to the public until the end of February.

Besides, local governments in provincial-level regions including Guangdong, Hubei and Jiangsu will issue tens of millions of yuan in additional vouchers to encourage more people to go to the cinema.

Analysts also noted that with the film market expected to show steady growth this year, competition will intensify. They have called for a focus on enhancing film production quality, improving overall film standards, optimizing the competitive landscape, and promoting digital transformation.

MIL OSI China News –

January 25, 2025
MIL-OSI China: New Zealand, Chinese musicians collaborate in performing Symphony Kukai

Source: China State Council Information Office 3

The Symphony Kukai has been staged in Auckland, New Zealand’s largest city, showcasing the life of Kukai, a prominent symbol of cultural exchange, through a moving musical performance by both Chinese and New Zealand musicians.

In his speech before the Friday performance, Auckland Mayor Wayne Brown said that he is delighted to see this event bringing together cultures in such a positive way and taking place in Auckland.

Zhou Li, cultural consul of the Chinese consulate general in Auckland, noted in his remarks that Kukai serves as an exemplary figure of mutual learning between civilizations. Today, when China is promoting the Global Civilization Initiative, it is believed that civilization is colorful because of exchange and civilization is enriched by mutual learning, said Zhou.

Symphony Kukai, composed by renowned Chinese composer Zou Ye, was presented in the Southern Hemisphere for the first time. Conducted by British maestro Derek Morgan, the Auckland Philharmonia performed the symphony, joined by the choir of Central Conservatory of Music from China and the choir from the Music Association of Auckland. Together, they brought the piece to life and delivered a soul-stirring experience for the New Zealand audience.

Kukai, a Japanese monk who traveled to China during the Tang Dynasty to study, returned to Japan with significant cultural and technological advancements. He not only introduced Tang Buddhism to Japan but also brought back knowledge in fields such as education, literature, medicine, architecture, water management, and science, making him a distinguished figure in global cultural exchange.

The Symphony Kukai premiered in 2023 and has since toured Lanzhou, China; Kyoto and Tokyo, Japan; and London, Britain, to widespread acclaim. The Auckland performance, organized by Beijing Tianguzhiyin Cultural Media, was supported by local New Zealand media and community groups. The Great Hall of Auckland Town Hall, which accommodates more than 1,500 people, was filled to capacity for the event with thunderous applause at the end.

MIL OSI China News –

January 25, 2025
MIL-OSI Canada: Premier’s statement on Diwali

Source: Government of Canada regional news

Premier David Eby has issued the following statement marking Diwali:

“Here in B.C. and around the world, Hindus, Sikhs and Jains are celebrating the sacred festival of Diwali.

“Diwali is observed over five days every autumn, and represents the victory of light over darkness, good over evil, and knowledge over ignorance.

“Billions of people will be observing this ancient festival around the globe – gathering to pray, feast and celebrate with gifts and fellowship. Many will light diya lanterns and decorate their homes with rangolis.

“In communities throughout British Columbia, people will be gathering to enjoy art, music and dance at festivals and celebrations.

“Diwali reminds us to appreciate the incredible cultural diversity that strengthens our province, and the many contributions that South Asian communities make to B.C.

“I wish all who celebrate it, a happy and prosperous Diwali.”

Media Contacts

Office of the Premier

Media Relations
premier.media@gov.bc.ca

https://news.gov.bc.ca/31763

MIL OSI Canada News –

January 25, 2025
MIL-OSI: Significant Technology Upgrades Fueling Strong Growth Opportunities for U.S. Commercial Drone Market

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), AgEagle Aerial Systems Inc. (NYSE: UAVS), EHang Holdings Limited (NASDAQ: EH), Ondas Holdings Inc. (NASDAQ: ONDS).

Grand View Research continued: “Moreover, the U.S. is expected to witness a convergence of technologies, societal acceptance as well as a favorable regulatory landscape that is further expected to increase demand for commercial drones in various industries. The continuous development in drone technological capabilities and related software, their commercial applications, as well as the associated benefits, are anticipated to experience steady expansion as it offers added features and easy control to drone operators. Such type of developments by market players are expected to drive the U.S. commercial market growth. Additionally, the introduction of updated drone regulations has optimized the procedure for legally conducting commercial drone operations. The positive regulations are expected to attract entrepreneurs to use commercial drones. For instance, in the U.S., some of the significant changes in the Federal Aviation Administration (FAA) regulation’s Part 107 update includes the removal of “section 333 exception” and relaxed standards for pilots. This change in regulations that are required for commercial operations of drones, is anticipated to drive the market growth over the forecast period.”

ZenaTech Inc.’s (NASDAQ:ZENA) ZenaDrone Completes the First Phase of an IQ Nano Inventory Management Trial for Multinational Auto Parts Customer – ZenaTech, a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that its subsidiary, ZenaDrone, has successfully completed the first phase of drone testing and 3D mapping, and is beginning the next phase of production of a paid trial for a multinational auto parts manufacturer. This production phase consists of flying automatic and fully autonomous flights of the IQ Nano drone in an inventory management application.

Testing took place over several months at ZenaDrone’s production facility in Sharjah, United Arab Emirates (UAE) to ensure the smooth operation of the inventory scanning application. The 3D mapping took place just recently at the customer’s site consisting of scanning and mapping the warehouse area to create a 3D map that automates the drone flight path and its operations while in production.

View video showing the IQ Nano in test flight here.

The production phase is set to begin imminently and will consist of the IQ Nano flying and reading product and component bar codes, collecting information for verification and integration with the customer’s inventory management and accounting systems.

“We look forward to the production phase and concluding a successful trial, proving the viability of the IQ Nano and enabling us to deliver our product to our customer. A successful trial also opens the potential to win additional business with this customer and to verifiably demonstrate IQ Nano’s utility for the benefit of attracting additional market interest. The revolutionary use of an indoor drone for productivity and cost savings value can be implemented across hundreds of warehouse facilities, turning a week-long activity like counting inventory into a day,” said CEO Shaun Passley, Ph.D. – Get the full details by visiting: https://www.financialnewsmedia.com/news-zena/

Additional Groundbreaking ZenaTech Inc. Developments this week include:

ZenaTech Enters the Drone Sensor and Components Market Establishing a New Taiwan Subsidiary to Win More US Defense Contracts for Its AI Drones – ZenaTech also announced it will establish a new company in Taiwan to manufacture drone sensors and components for use in the drone products produced by its subsidiary ZenaDrone. The new company, named Spider Vision Sensors Ltd., will ensure ZenaDrone’s products are compliant with the US National Defense Authorization Act (NDAA), an important requirement for the company to win more business with the US Military.

Spider Vision Sensors Ltd. will manufacture drone sensors, electronics, and components such LiDAR (Light Detection and Ranging), thermal, infrared, multi-spectral and hyper sensors, cameras, and PBCs (Printed Circuit Boards). Having in-house manufactured sensors and components will enable ZenaDrone to have a steady supply to fulfill customer orders and drone production needs at its Sharjah, UAE, and future Arizona-based drone manufacturing facilities. Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. The new company is currently at the prototype stage, and the manufacturing facility is expected to be open in November.

“Establishing a drone sensor and components manufacturer in Taiwan will help bring our products to market faster and removes dependencies on any Chinese made electronics. This will position us to win more US military contracts via achieving Green UAS (Uncrewed Arial Systems) and Blue UAS certifications as an approved supplier,” said CEO Shaun Passley, Ph.D. Read this full release at: https://finance.yahoo.com/news/zenatech-enters-drone-sensor-components-113000155.html

Other recent developments in the technology industry include:

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, recently announced that it will publish financial results for the third quarter 2024 after the close of market on Thursday, November 7th. Management will discuss the Company’s operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern).

The call will be available at www.kratosdefense.com. Participants may register for the call using this Online Form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN that can be used to access the call. For those who cannot access the live broadcast, a replay will be available on Kratos’ website.

AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, recently announced the appointment of Kevin Lowdermilk to the Company’s board of directors effective October 25, 2024.

Company CEO, Bill Irby, commented, “It is a privilege to have Kevin join our board. His distinguished career and leadership in some of the most challenging technology sectors speak to his ability to drive success through vision, strategy and execution. We are grateful to work alongside him and leverage his expertise to support the future expansion of our global footprint in both government and commercial verticals, as we position the Company for long-term shareholder value.”

EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced it has entered into a strategic partnership with the Civil Aviation Flight University of China (the “CAFUC”). Building upon the CAFUC’s extensive expertise in civil aviation education, research, and talent development, the two parties will collaborate on cultivating skilled personnel, including operators and maintenance staffs for EHang’s pilotless electric Vertical Take-Off and Landing (“eVTOL”) aircraft, and their training for personnel licenses and operational supervision. This partnership aims to address the surging demand for talents in the low-altitude economy and foster the sustainable, high-quality development of the civil unmanned aerial vehicle (“UAV”) industry.

During a briefing of the State Council Information Office of China on October 8, 2024, Chunlin Li, Vice Chairman of the National Development and Reform Commission (“NDRC”), highlighted the booming low-altitude economy and the rising demand for UAV operators. It is estimated that China faces a talent shortage of up to 1 million in this field. The NDRC will continue enhancing job creation efforts and driving the development of strategic emerging industries such as the low-altitude economy and future industries.

Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that its wholly-owned subsidiary Ondas Autonomous Systems Inc. (“OAS”) has entered into an investment agreement with a private investor group, including Charles & Potomac Capital, LLC (“Charles & Potomac”) and Privet Ventures LLC (“Privet Ventures”), for an investment of $3.5 million in convertible notes of OAS. The investment in OAS will support OAS’ business expansion plan and deliver on the substantial growth opportunity in the defense, security, and critical infrastructure and industrial markets targeted by OAS’ Optimus and Iron Drone autonomous drone platforms.

“We are pleased to secure this initial investment to support the exceptional growth opportunities created by our OAS team across Airobotics and American Robotics,” said Eric Brock, Chairman and CEO of Ondas Holdings and OAS. “Indeed, we have a responsibility to now expand operations and accelerate growth at OAS to meet the urgent needs for security and intelligence for our critical military, government and industrial customers. I am personally investing $1.0 million in this transaction, via Privet Ventures, signaling my firm belief in the substantial value we are creating for all stakeholders including the investors in OAS and Ondas Holdings.”

About FN Media Group:

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

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

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

Contact Information:

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

SOURCE: FN Media Group

The MIL Network –

January 25, 2025
MIL-OSI USA: Statement from CWA Following Studio Closures and Layoffs at Sony Interactive Entertainment

Source: Communications Workers of America

Sony Interactive Entertainment’s announcement that it will shut down and lay off video game workers at two of its studios, Neon Koi and Firewalk Studios, makes it clear that now more than ever, video game workers deserve a free and fair opportunity to join together to form unions. Union membership not only gives workers a seat at the table to bargain for fair compensation but also a voice on the job to have a say over how they will be impacted by job cuts.

This devastating news comes on the heels of record layoffs across the video game industry. These decisions by highly insulated video game CEOs are creating perilous working conditions for video game workers by eliminating their job stability. Last month, former Sony Computer Entertainment Europe President Chris Deering suggested that laid-off game workers should “go to the beach for a year,” further demonstrating the lack of respect executives have for their workforce amid layoffs.

Alongside these layoffs, Sony’s decision to dissolve studios outside their walled garden of PlayStation-exclusive content rather than making games that have to compete in the highly diverse and competitive mobile game market should be a cautionary warning sign of Sony’s interest in furthering its monopoly position in the video game industry. CWA plans to raise the anti-competitive impacts of Sony’s increasing monopoly and monopsony power with the appropriate antitrust regulators, policymakers, and stakeholders.

We will continue to support workers across the video game industry who seek to form a union and improve their workplace.

###

About CWA: The Communications Workers of America represents working people in telecommunications, customer service, media, airlines, health care, public service and education, manufacturing, tech, and other fields.

cwa-union.org @cwaunion

MIL OSI USA News –

January 25, 2025
MIL-OSI: U.S. Commercial Drone Market Size Estimated to Reach a Value of $ 31 Billion By End of 2034

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), AeroVironment, Inc. (NASDAQ: AVAV), Draganfly Inc. (NASDAQ: DPRO), Red Cat Holdings, Inc. (NASDAQ: RCAT), Safe Pro Group Inc. (NASDAQ: SPAI).

Fact.MR continued: “In addition, surveyors and engineers use drones to visualize the progress made in their construction projects by taking overhead images. Having a project overview leads to simplification of decision-making, thereby streamlining building site operations. Drones are now being used for several applications, ranging from surveillance, deployment in military operations, video recording, agriculture, and film & television. With this rise in drone applications, key players in the United States market are incorporating advanced technologies in drones. Increasing drone payload capacity and introducing drones for specific applications are anticipated to promote the profits of drone manufacturers. Furthermore, leading companies are also making drones with high-power motors. Home deliveries through drones have now become a reality with the help of retail and logistics organizations such as Amazon.”

ZenaTech Inc.’s (NASDAQ:ZENA) ZenaDrone Completes the First Phase of an IQ Nano Inventory Management Trial for Multinational Auto Parts Customer – ZenaTech, a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that its subsidiary, ZenaDrone, has successfully completed the first phase of drone testing and 3D mapping, and is beginning the next phase of production of a paid trial for a multinational auto parts manufacturer. This production phase consists of flying automatic and fully autonomous flights of the IQ Nano drone in an inventory management application.

Testing took place over several months at ZenaDrone’s production facility in Sharjah, United Arab Emirates (UAE) to ensure the smooth operation of the inventory scanning application. The 3D mapping took place just recently at the customer’s site consisting of scanning and mapping the warehouse area to create a 3D map that automates the drone flight path and its operations while in production.

View video showing the IQ Nano in test flight here.

The production phase is set to begin imminently and will consist of the IQ Nano flying and reading product and component bar codes, collecting information for verification and integration with the customer’s inventory management and accounting systems.

“We look forward to the production phase and concluding a successful trial, proving the viability of the IQ Nano and enabling us to deliver our product to our customer. A successful trial also opens the potential to win additional business with this customer and to verifiably demonstrate IQ Nano’s utility for the benefit of attracting additional market interest. The revolutionary use of an indoor drone for productivity and cost savings value can be implemented across hundreds of warehouse facilities, turning a week-long activity like counting inventory into a day,” said CEO Shaun Passley, Ph.D. – Get the full details by visiting: https://www.financialnewsmedia.com/news-zena/

Additional Groundbreaking ZenaTech Inc. Developments this week include:

ZenaTech Enters the Drone Sensor and Components Market Establishing a New Taiwan Subsidiary to Win More US Defense Contracts for Its AI Drones – ZenaTech also announced it will establish a new company in Taiwan to manufacture drone sensors and components for use in the drone products produced by its subsidiary ZenaDrone. The new company, named Spider Vision Sensors Ltd., will ensure ZenaDrone’s products are compliant with the US National Defense Authorization Act (NDAA), an important requirement for the company to win more business with the US Military.

Spider Vision Sensors Ltd. will manufacture drone sensors, electronics, and components such LiDAR (Light Detection and Ranging), thermal, infrared, multi-spectral and hyper sensors, cameras, and PBCs (Printed Circuit Boards). Having in-house manufactured sensors and components will enable ZenaDrone to have a steady supply to fulfill customer orders and drone production needs at its Sharjah, UAE, and future Arizona-based drone manufacturing facilities. Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. The new company is currently at the prototype stage, and the manufacturing facility is expected to be open in November.

“Establishing a drone sensor and components manufacturer in Taiwan will help bring our products to market faster and removes dependencies on any Chinese made electronics. This will position us to win more US military contracts via achieving Green UAS (Uncrewed Arial Systems) and Blue UAS certifications as an approved supplier,” said CEO Shaun Passley, Ph.D. Read this full release at: https://finance.yahoo.com/news/zenatech-enters-drone-sensor-components-113000155.html

Other recent developments in the technology industry include:

AeroVironment (NASDAQ: AVAV) recently successfully showcased the maritime prowess of its combat-proven JUMP® 20 uncrewed aircraft system (UAS) during the NATO REPMUS 2024 (Robotic Experimentation and Prototyping using Maritime Uncrewed Systems) exercise off the coast of Portugal. This dynamic demonstration reinforced JUMP 20’s advanced Intelligence, Surveillance, and Reconnaissance (ISR) capabilities, autonomously launching and landing on a moving vessel in rough seas, with conditions reaching sea state level 5 and winds over 20 kts.

The JUMP 20 also highlighted its multi-sensor mission versatility, seamlessly executing wide-area search and detection tasks. Its advanced Electro Optical and Mid-Wave Infrared (MWIR) turret automatically slewed to investigate identified targets without repositioning the platform, ensuring constant operational focus. Full-motion video was captured and later analyzed using AV’s cutting-edge computer vision technology, SPOTR-Edge™, enabling perception analysis using its robust library of object classifications, including persons, vehicles, and maritime vessels. Additionally, video from this event will further enhance the solution, making the JUMP 20 even more capable for future deployments by refining its object recognition and situational response capabilities.

Draganfly Inc. (NASDAQ: DPRO), an award-winning, industry-leading developer of drone solutions and systems, recently announced its participation in the upcoming Wings of Saskatchewan event in Regina, from October 30 to October 31, 2024. Draganfly will showcase its latest drone technology advancements, contributing to discussions on industry trends, safety, and regulatory considerations alongside key stakeholders in the aviation sector.

The Wings of Saskatchewan Conference, hosted by the Saskatchewan Aerial Applicators Association and the Saskatchewan Aviation Council, serves as a vital gathering for the aviation community. This year’s event will bring together leaders from both civil and commercial aviation sectors to discuss technological advancements, regulatory updates, and future trends within the industry.

Draganfly will emphasize the need for synergy across the aviation industry at the conference by addressing essential topics, including airspace safety and the regulatory challenges impacting the drone sector. This presentation will spotlight the benefits of enhanced communication and collaboration between fixed-wing, helicopter, and RPAS (Remotely Piloted Aircraft Systems) to promote safe, efficient, and integrated airspace management.

Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced a new contract and order for 12 of its FlightWave Edge 130 Blue system from the Royal Australian Navy. The contract was secured through Criterion Solutions Pty Ltd., an Australian-based distributor of intelligence, surveillance, reconnaissance and information technology solutions.

FlightWave, an industry-leading provider of VTOL drone, sensor and software solutions was acquired by Red Cat in September 2024. The acquisition brought FlightWave’s flagship drone, the Edge 130 Blue into its family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. FlightWave’s size, weight and vertical take off capabilities makes it ideal for maritime operations and littoral environments.

Safe Pro Group Inc. (NASDAQ: SPAI) recently shared a video highlighting the capabilities of the Company’s patent-pending SpotlightAI™ AI-powered demining solution presented by Amazon Web Services (AWS) at this year’s AWS Summit Washington, D.C. The video highlights AWS Partners in the AWS Partner Network (APN) featuring senior Safe Pro team members discussing how AWS’s hyper scalability and compute resources are enabling the Company to modernize demining efforts in Ukraine by utilizing AI-powered image analysis of drone-based imagery.

“Our inclusion in this year’s AWS Summit Washington, D.C. spotlights our continued success in locating thousands of landmines and unexploded ordnance currently scattered over thousands of hectares of land in Ukraine utilizing our AI-powered image analysis technology. AWS continues to provide us invaluable support as we work to harness the power of AI and AWS’s hyper scalability to modernize real world demining operations. Working with AWS, we have greatly enhanced our ability to provide leading humanitarian mine action organizations with powerful new tools that can improve their situational awareness as they execute their land clearance operations across Ukraine, expediting the release of land for agricultural and civilian use,” said Dan Erdberg, Chairman and CEO of Safe Pro Group Inc.

About FN Media Group:

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

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

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

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

Contact Information:

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

SOURCE: FN Media Group

The MIL Network –

January 25, 2025
MIL-OSI: Noma Exits Stealth with $32M to Secure the Entire Data & AI Lifecycle from Development to Production

Source: GlobeNewswire (MIL-OSI)

TEL AVIV, Israel, Oct. 31, 2024 (GLOBE NEWSWIRE) — Noma exited stealth today, announcing $32M in funding and the launch of their application security platform for securing the entire Data & AI Lifecycle. The company’s series A round was led by Ballistic Ventures and comes less than a year after a previously undisclosed seed round led by Glilot Capital Partners, with participation from Cyber Club London. Dozens of strategic angel investors have backed Noma, including current and former CISOs of McDonald’s, Google DeepMind, Twitter, Atlassian, BNP Paribas, T-Mobile, and Nielsen.

The rapid adoption of AI has thrown data science and machine learning teams into the spotlight, introducing new application security risks. “The Data & AI Lifecycle is significantly different from the software development lifecycle. It comes with a whole new supply chain, as well as unique open source components and runtime artifacts that traditional security tools don’t cover,” said Niv Braun, co-founder and CEO of Noma. “We’re already seeing organizations compromised by misconfigured data pipelines and MLOps tools and vulnerable and malicious open source models. It’s only a matter of time before we see AI’s equivalent of SolarWinds or Log4Shell. There’s an urgent need for a new security solution that holistically covers the Data & AI Lifecycle.”

Noma’s platform provides end-to-end AI discovery, security, protection, and compliance. It protects against supply chain risks — like vulnerable data pipelines, unscanned code in data science environments, misconfigured MLOps tools, and sensitive data used for model training — as well as threats like vulnerable and malicious models, runtime prompt injection, and more.

The platform seamlessly deploys across any cloud-based, SaaS, or self-hosted environment within minutes, requiring no agents or code changes and adding no friction to data science teams’ day-to-day workflows. Noma’s end-to-end approach provides coverage across the entire Data & AI Lifecycle, from development to production and from classic data pipelines and ML to GenAI.

“Like traditional software development, AI has introduced a new range of security risks — but is moving at hyperspeed and with even higher stakes,” said Kobi Samboursky, Founder and Managing Partner of Glilot. “AppSec evolved over decades with fragmented tools for static and dynamic analysis, open source, supply chain, and runtime, but security teams have come to realize that they need consolidated solutions. Noma is uniquely positioned to tackle this problem from the start, consolidating multiple use cases into a single platform. We backed Noma to become the complete application security solution for the Data and AI Lifecycle.”

“The role of data science teams has rapidly evolved from supporting business functions like reporting and analytics to developing AI-powered applications that significantly impact business outcomes,” said Jake Seid, Co-founder and general partner of Ballistic Ventures.

“As security and compliance become more top of mind for organizations adopting AI, embedding security from the start ensures that innovation can flourish without compromise. Noma’s approach gives AppSec teams full visibility and confidence while empowering data science teams to move fast and drive business value.”

Founders Niv Braun (CEO) and Alon Tron (CTO) met in the prestigious 8200 intelligence unit and have combined their respective experience leading security groups and data science teams to start Noma. Together they have quickly built a team with deep expertise in AI, application security, and beyond. Noma has helped shape industry standards for AI security as members of the OWASP AI Exchange and has contributed to US government policy on AI security, including informing guidelines like NIST SP 800-218A. The Noma platform is already used by paying customers, including Fortune 500 companies.

Learn more about Noma’s platform and vision on the Noma website and blog.

Media Contact
Lazer Cohen
lazer@concrete.media
347-753-8256

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1996901b-4732-4856-b705-03949017b91e

The MIL Network –

January 25, 2025
MIL-OSI Global: Alzheimer’s treatment donanemab is not a ‘miracle drug’ – not providing it on the NHS is the right choice

Source: The Conversation – UK – By Ian Maidment, Professor in Clinical Pharmacy, Aston University

There was frustration in some corners of the media when it was announced that a new drug to slow the progression of Alzheimer’s was not going to be made available on the NHS.

Alzheimer’s wonder drug blocked on NHS over cost, a Telegraph headline ran. The Daily Mail went with: Alzheimer’s ‘wonder’ drug will be blocked by NHS from TODAY due to cost.

In late August, the UK’s National Institute for Health and Care Excellence (Nice), which provides clinical guidance for the NHS, rejected another Alzheimer’s treatment called lecanemab. The media response at that time was similar.

One million people in the UK have dementia, and this figure is expected to rise to 1.4 million by 2040. We have no drugs that slow the disease progression – so-called “disease-modifying drugs” – for this mind-robbing disease, only drugs to treat symptoms. It is clear that we need new drugs, so has Nice made the wrong decision?

Let’s dig a bit more into the rationale for Nice’s decision.

The “wonder” drug (or “miracle drug”) that some newspapers referred to is donanemab, an antibody that latches onto amyloid plaques in the brain and removes them. These plaques are the hallmarks of Alzheimer’s, but it is not known if they are the cause of Alzheimer’s or a consequence of it. (Some people have an abundance of these plaques but no Alzheimer’s.)

At the end of October, Nice declined to approve this drug for use on the NHS for treating early-stage Alzheimer’s disease. This was despite the UK’s drugs regulator, the Medicines and Healthcare Regulatory Authority (MHRA) approving donanemab.

How can we explain the different decisions of the two public bodies? And which one was right?

We can understand the decisions in the context of the different roles of the MHRA and Nice. Essentially, the MHRA reviews the scientific evidence and decides whether the drug is safe and effective. It aims to assess whether the benefits outweigh the risks. If they do, then the drug is approved for use in the UK.

Nice focuses on developing guidelines to support the adoption of new treatments, while considering value for money for the taxpayer alongside safety and effectiveness.

We don’t know how much donanemab will cost in the UK. In the US, the list price is £25,000 per patient per year. It is thought that about 70,000 people in the UK would be eligible for treatment with donanemab.

These drugs, donanemab and lecanemab, are given by infusion every two or four weeks and there are additional costs related to this and the monitoring needed.

To successfully treat patients in the very early stages of Alzheimer’s, these people first need to be identified. So new specialist diagnostic clinics would need to be created to test and confirm potential underlying disease. This might include genetic tests and lumbar puncture tests (to look for elevated amyloid in spinal fluid).

The drug infusions need to be started in specialist clinics with trained staff and facilities available for routine administration. This will all potentially increase the medication management burden on the patient and any family carer, which already can be difficult.

Nice concluded that donanemab slows the rate of decline in symptoms, but is not a cure. We don’t know enough about the long-term effects or the cost-effectiveness of this treatment. Nice consulted various expert groups on how well donanemab works, and the consensus was that it is modest at best.

The main outcome measurement used in the clinical trial was the integrated Alzheimer’s disease rating scale at 76 weeks. The scale, which measures both cognition and daily functioning, ranges from 0 to 144. A meaningful change is considered to be five points for people with Alzheimer’s who have mild cognitive impairment and nine points for people with Alzheimer’s who have mild dementia.

The change in the scale from the start of the trial to 76 weeks was −10.19 in patients receiving donanemab compared with −13.11 in patients receiving a placebo. This difference of 2.92 is less than what is considered to be a meaningful change for patients. Given this, donanemab is certainly not a “wonder” drug or a “miracle” drug, and describing it as such may give false hope to vulnerable people with dementia and their family carers.

Substantial side-effects

The side-effect burden of donanemab is substantial and like all new drugs, more side-effects may be identified when it is used in day-to-day practice. One particular concern is swelling and bleeding on the brain.

In human trials, brain swelling and bleeds occurred in 37% of patients on donanemab compared with 15% on the placebo. Overall, 13% of patients on donanemab stopped treatment because of the side-effects compared with 4% on placebo. Although the consequences are generally mild, it can lead to serious problems, such as seizures.

Hypersensitivity reactions, including swelling of the lips, face, tongue, throat and other parts of the body and breathing difficulties, are also a risk.

Many families in the UK have been touched by Alzheimer’s and fully understand the need for effective care. For families, one clear need is social care and support. Government after government has identified the need to invest in and reform social care. This, rather than spending money on drugs of questionable benefit, needs to be the priority.

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

– ref. Alzheimer’s treatment donanemab is not a ‘miracle drug’ – not providing it on the NHS is the right choice – https://theconversation.com/alzheimers-treatment-donanemab-is-not-a-miracle-drug-not-providing-it-on-the-nhs-is-the-right-choice-242147

MIL OSI – Global Reports –

January 25, 2025
MIL-OSI United Kingdom: Birmingham Cultural Compact launch and Culture Strategy refresh

Source: City of Birmingham

Early October saw the first official ‘coming together’ of the new Birmingham Cultural Compact Board.

A cross-sector partnership designed to support the city’s cultural sector and enhance its contribution to development, it has a special emphasis on cross-sector engagement beyond the cultural sector itself.

The Cultural Compacts model was born out of the UK Cultural Cities Investment Inquiry 2019 and their implementation in towns and cities across the country has been supported by Arts Council England and the Department for Digital, Culture, Media and Sport.

Chaired by Professor David Mba (Vice-Chancellor at Birmingham City University) with Councillor Saima Suleman (Cabinet Member for Digital, Culture, Heritage and Tourism at the city council) as Deputy Chair, the Birmingham Cultural Compact brings together stakeholders from the local authority, culture, business, education, healthcare and allied sectors with the aim to help culture thrive and grow in the city and, in turn, increase the city’s health, wellbeing, resilience, economic prosperity and environmental sustainability.

Chair of the Birmingham Cultural Compact Professor David Mba said “It is an immense privilege to lead Birmingham’s Cultural Compact Board. We hope to offer the strategic vision for the future that represents the voices of all local communities. Birmingham has a unique and diverse culture that has global impact. We saw this through the Commonwealth Games in 2022 and, more recently, the city’s successful bid to host the Serendipity Arts Festival. Our work will put the preservation and celebration of culture at the forefront of regional decision making.”

Councillor Saima Suleman, Cabinet Member for Digital, Culture, Heritage and tourism and Deputy Chair of the Birmingham Cultural Compact, stated: “The establishment of the Birmingham Cultural Compact marks a pivotal moment for our city. By uniting diverse sectors—culture, business, education, and healthcare—we can cultivate a thriving cultural landscape that not only enriches lives but also drives economic growth and community wellbeing. Together, we will ensure that Birmingham’s cultural sector flourishes for generations to come.”

Erica Love, Chief Executive Office of Culture Central said “We know the power Culture has on people and places and we believe in the power of working collectively. Culture Central are excited to be supporting Birmingham’s Cultural Compact and the collaborative approach to the Cultural strategy. It’s great to see the importance of Culture recognised and the vital role it plays in the City. We look forward to working with the Compact to advocate for, develop and celebrate the vibrant and varied cultural ecology of Birmingham.”

One of the first actions for the Birmingham Cultural Compact is to lead and oversee development of Birmingham’s new Cultural Strategy 2025 – 2035. Creative Concern, a creative and strategy agency that works on local and regional projects across the UK has been commissioned to deliver the new ten-year arts and culture strategy for Birmingham, supported by its partner consultancy Hatch. Their work will build on the previous extensive consultation that resulted in the city’s Cultural Statement of Intent but also build on the considerable cultural successes that Birmingham has demonstrated to date. The outcome of the project will be an action-orientated framework strategy that supports culture and the arts across Birmingham for the next ten years.

Founder and Director of Creative Concern, Steve Connor, said: “Culture is the lifeblood of any city and never was that more the case than for Birmingham. We’re delighted to be working collaboratively with a range of partners from across the city to develop this new strategy, which will re-affirm the importance of culture and the transformative role it can play in delivering civic pride, greater prosperity, wellbeing and of course, joy, happiness and entertainment.”

Tim Fanning, Director at Hatch, said: “Culture makes life worthwhile, and we at Hatch spend a lot of time helping institutions and places make the case for it. We are very happy to be supporting partners in Birmingham to ensure that its cultural strategy is built on firm socio-economic evidence.”

MIL OSI United Kingdom –

January 25, 2025
MIL-OSI: Baron Capital Enterprise, Inc. (OTC: BCAP) Announces Successful Reinstatement with the State of Florida and Outlines Strategic Path to Regulatory Compliance and Market Expansion

Source: GlobeNewswire (MIL-OSI)

Miami, FL, Oct. 31, 2024 (GLOBE NEWSWIRE) — Baron Capital Enterprise, Inc. (OTC: BCAP) is pleased to announce its successful reinstatement with the State of Florida Secretary of State, effective October 30, 2024. This significant milestone underscores the company’s commitment to regulatory compliance and sets the foundation for a new era of growth and development.

Strategic Compliance Initiatives

Under the leadership of Jake P. Noch, Chief Executive Officer and Chairman of the Board, Baron Capital Enterprise, Inc. is undertaking several key initiatives to enhance its corporate governance and regulatory standing:

•       Updating Articles of Incorporation: The company will proceed to update its Articles of Incorporation to reflect its renewed strategic direction and operational focus.

•       Financial Statement Preparation: Baron Capital is committed to preparing and filing comprehensive financial statements covering the period from 2017 to the present. This effort is crucial for regaining compliance with disclosure requirements and ensuring transparency for shareholders and regulatory bodies.

•       Regaining Disclosure Compliance: By addressing past filing deficiencies, the company aims to restore its compliance with all regulatory disclosure obligations, reinforcing its reputation as a trustworthy publicly traded entity.

•       Engaging a Market Maker: The company plans to engage a leading market maker to assist in filing a new Form 211 with the Financial Industry Regulatory Authority (FINRA). This action is intended to restore proprietary quote eligibility, enhancing market confidence and facilitating efficient trading of the company’s shares.

Rebranding and Expansion Strategy

In alignment with its forward-looking strategy, Baron Capital Enterprise, Inc. plans to rename and rebrand itself as Sunset Trading Group LTD. This rebranding initiative reflects the company’s commitment to innovation and its focus on emerging opportunities in the financial services sector.

As part of its expansion plans, the company intends to establish or acquire a non-U.S. subsidiary that will seek registration as an offshore broker-dealer. This subsidiary will specialize in ultra-high-frequency proprietary trading, leveraging advanced trading algorithms and strategies to capitalize on market inefficiencies and drive profitability.

Commitment to Shareholders

Baron Capital Enterprise, Inc. extends its sincere gratitude to its shareholders for their patience and unwavering support during this transitional period. The company is dedicated to maintaining open and transparent communication as it progresses through each phase of its strategic plan. Under Mr. Noch’s leadership, Baron Capital is poised to re-emerge as a dynamic and influential player in the financial markets, with a focus on sustainable, long-term growth.

About Baron Capital Enterprise, Inc. (OTC: BCAP)

https://www.sunsettg.com

Baron Capital Enterprise, Inc. (OTC: BCAP) is a publicly traded portfolio company of Jake P. Noch Family Office, LLC., a St. Kitts & Nevis-based single family office. The company is currently undergoing a comprehensive restoration and restructuring process under the leadership of Jake P. Noch. Baron Capital is focused on exploring new business opportunities in the financial services sector, including the establishment of an offshore Broker-Dealer subsidiary to engage in ultra-high-frequency proprietary trading. As part of its transformation, the company plans to rename and rebrand itself as Sunset Trading Group LTD.

About Jake P. Noch Family Office, LLC

https://www.jakepnoch.com/

Jake P. Noch Family Office, LLC is a single-family office with no outside clients, dedicated to strategically investing in Qualified Small Business Stock (QSBS) and fostering the growth of emerging companies. Our firm specializes in guiding these ventures towards successful exits through public market mergers, leveraging our expertise and resources to maximize their potential. At Jake P. Noch Family Office, LLC, we are more than just investors—we are partners committed to the long-term success of the companies we support. Through continuous financial backing facilitated by court-approved 3(a)(10) mechanisms, we provide ongoing support to ensure sustained growth and prosperity, driving value creation and innovation in the businesses we invest in.

Forward-Looking Statements:

This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Jake P. Noch Family Office, LLC., BARON CAPITAL ENTERPRISE, INC. to accomplish their stated plan of business. Jake P. Noch Family Office, LLC., BARON CAPITAL ENTERPRISE, INC. believe that the assumptions underlying the forward-looking statements contained herein are reasonable; however, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Jake P. Noch Family Office, LLC., BARON CAPITAL ENTERPRISE, INC., or any other person.

Non-Legal Advice Disclosure:

This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

Non-Investment Advice Disclosure:

This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication.

Contact

investors@ProMusicRights.com

Twitter: https://twitter.com/JPNFamilyOffice

Twitter: https://x.com/Sunset_TG

SOURCE: BARON CAPITAL ENTERPRISE, INC.

The MIL Network –

January 25, 2025
MIL-OSI United Kingdom: Government backs UK R&D with record £20.4 billion investment at Autumn Budget
Source: United Kingdom – Executive Government & Departments

Yesterday’s Autumn Budget backs UK’s R&D sector with record highest ever level of government investment.
DSIT in the Autumn Budget 2024 £20.4 billion to boost UK Science and Tech

The Chancellor announced £20.4 billion in investment for UK R&D to drive economic growth, including fully funding association to Horizon Europe research programme

Up to £520 million Life Sciences Fund to unlock £1.8 billion in private investment, advance health resilience and create high-quality jobs across the country

New R&D investments to power the UK’s national missions, with regional innovation accelerators supporting growth across the country

At yesterday’s Budget (Wednesday 30 October) the Chancellor has announced the highest ever level of government investment of £20.4 billion in research and development for next year, reinforcing the government’s commitment to back the UK’s R&D ecosystem to drive economic growth and achieve its five national missions.

The Budget will fully fund the UK’s association with Horizon Europe, providing scientists and innovators access to the world’s largest collaborative funding scheme, with over £80 billion available for cutting-edge projects under the EU scheme. DSIT’s own R&D budget has increased to £13.9 billion, and core research funding has also been increased to a record £6.1 billion, bolstering the UK’s leading research base.

A significant part of this Budget is dedicated to the UK’s life sciences sector, a cornerstone for positioning the UK as a leader in science and innovation, through a £520 million commitment to the Life Sciences Innovative Manufacturing Fund.

Additionally, the Chancellor announced funding for several other programmes to be led by DSIT. Together, these investments underscore the importance of science and technology in driving economic growth essential to raising living standards and funding public services, positioning the UK at the forefront of global innovation and progress.

Science and Technology Secretary Peter Kyle said:

The Autumn Budget is clear recognition of this government’s view that driving economic growth and improving people’s lives cannot be done without investing in science and technology.

That’s why we are taking R&D investment to record levels and matching our words with action by empowering researchers and businesses to solve real-world problems, grow emerging new industries and create high-quality jobs.

DSIT’s Autumn Budget announcements include:

Life Sciences Innovative Manufacturing Fund

The Chancellor unveiled the Life Sciences Innovative Manufacturing Fund (LSIMF), starting with £70 million in grants, as part of a long-term commitment of up to £520 million to secure major life sciences manufacturing investments across the UK.

This fund strengthens the country’s ability to develop and produce life-saving treatments, ensuring quicker access to vital medicines and bolstering NHS stability.

The LSIMF is expected to unlock up to £1.8 billion in private investment, supporting thousands of high-skilled jobs and driving economic growth nationwide, while preparing the UK for future health emergencies and enhancing NHS resilience.

R&D Missions Programme

The new R&D Missions Programme (RDMP), which we are initially investing £25 million for, will address specific challenges our National Missions face, such as advancing healthcare and transitioning to cleaner energy. Partnering with private and third-sector organisations, this initiative aims to turn scientific advancements into real-world benefits, improving public services and quality of life across the UK.

Spin-Out Review Proof of Concept Fund

To support the UK’s Growth Mission, the government is investing £40 million over five years in a Proof of Concept Fund, to turn pioneering university research into successful companies. This initiative aids researchers in bringing their innovative ideas to the market, creating high-potential start-ups that drive job creation and economic growth.

Successful spinouts like Pragmatic Semiconductor, which raised £182 million to help open its first manufacturing facility and create 500 high-skilled jobs, or Oxford Nanopore with over 1,000 employees, highlight the potential impact of research-led innovation.

Innovation Accelerators and Made Smarter Innovation programmes

The government has extended for a further year, two key programmes that promote innovation across UK regions and manufacturing. The Innovation Accelerator programme will continue for another year, focusing on high-potential clusters in the Glasgow City Region, Greater Manchester, and the West Midlands.

Successes include Chemify, a Glasgow-based spin-out developing new methods for chemical manufacturing, which has since attracted £28 million in private funding, and the Biochar Cleantech Accelerator in the West Midlands, which is creating new products to support green growth. These projects demonstrate the benefits of R&D across the country and its support for regional economic growth.

Meanwhile, the Made Smarter Innovation programme will continue to be funded with up to £37 million, and empowers manufacturers to adopt digital technologies, enhancing productivity and sustainability by connecting digital solution providers with industry.

Project Gigabit

The government will invest at least £500 million over the next year in Project Gigabit and the Shared Rural Network, accelerating the rollout of digital infrastructure to underserved regions in the UK. The funding aims to deliver full gigabit coverage by 2030, ensuring fast, reliable internet access for communities and businesses, enabling equal access to digital opportunities nationwide.

Shared Services Strategy

DSIT will invest up to £80 million to enhance corporate functions across nine government departments. It aims to transform shared services and streamline systems, making them more efficient, modern, and cost-effective, delivering better value for taxpayers.

Review of barriers to the adoption transformative technologies

The government has commissioned a review led by the government Chief Scientific Adviser, Professor Dame Angela McLean, and National Technology Adviser, Dr Dave Smith, to identify barriers to adopting transformative technologies. This review will focus on the high-growth sectors in the government’s Industrial Strategy, aiming to enhance and productivity and drive growth to boost the UK economy.

In response to today’s Budget, Sir Adrian Smith, President of the Royal Society, said:

It is very good news for the science sector and for the UK that the Chancellor has recognised research and innovation as a ‘crucial national asset’ for delivering long-term economic growth.

Protecting the science budget, despite the challenges facing public finances, and investing £20.4 billion in 2025/2026, will create conditions that generate new knowledge, boost productivity and unlock opportunities for every corner of the UK.

There is clear recognition that delivery of net zero and support for innovation in growth sectors, like AI, will be key to capturing these economic opportunities.

The Chancellor rightly recognises that investing in education and skills today lays the foundation for the UK’s future prosperity and international competitiveness. Recruitment of specialist science teachers and reform of mathematical education as part of the upcoming curriculum review will be key to delivering this pledge.

Professor Andrew Morris PMedSci, President of the Academy of Medical Sciences, said:

With this Budget, we are pleased that the government has recognised the pivotal role of research and innovation in powering economic growth and prosperity. The Academy will continue to support this by working with our partners to deliver the best possible outcomes for research and for the health of people everywhere.

It is encouraging that the Chancellor is providing much-needed stability for our research community by protecting core R&D budgets and we particularly welcome the real-terms increase in National Institute for Health Research investments, which are an important step towards delivering health research and innovations for patients across the UK.

The government’s commitment to fully cover the cost of the Horizon Europe programme is essential for advancing medical science and addressing global health challenges across borders and we encourage the UK research community to actively pursue these funding opportunities.

By recognising innovation as one of the seven pillars of its Growth Mission, alongside the commitment to establish 10-year budgets in the Spring Statement and a roadmap to rebuild the NHS, the government is signalling an important shift to longer-term thinking. Stable, sustained funding is crucial for fostering productive partnerships between academia, industry and the NHS, and enabling the kind of transformative research that improves the lives of people across the UK.

Dr Tim Bradshaw, Chief Executive of the Russell Group said:

In a challenging fiscal landscape, we are pleased to see the government has protected the R&D budget, including core research funding, and recognised the value of research and innovation as a key pillar of the growth mission. This will allow universities to continue to deliver on growth and productivity, contributing to job creation, regional investment and advances that improve public services.

We particularly welcome the introduction of a multi-year R&D missions programme which highlights the role of R&D in achieving the government’s top priorities, including the Industrial Strategy. We are also very encouraged to hear that full funding has been made available for our association to Horizon Europe. In both of these areas we will be working with our partners across industry and academia to maximise the benefits for the UK.

Continuing to grow R&D investment for the UK, including in fundamental research, will be crucial to creating new industries, leveraging private investment and delivering high-value jobs across the country.

DSIT media enquiries

Email press@dsit.gov.uk

Monday to Friday, 8:30am to 6pm 020 7215 300

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Published 31 October 2024
MIL OSI United Kingdom –
January 25, 2025
MIL-OSI United Kingdom: New time capsule buried at Derby Market Hall

Source: City of Derby

A new time capsule has been sealed within the walls of Derby Market Hall, containing a snapshot of life in Derby in 2024 for future generations to uncover.

Construction partner Wates and Derby City Council joined together to inter the capsule at a special event on Thursday 31 October. The new capsule now sits alongside two others, dating from 1864 and 1938, that were uncovered during the £35m refurbishment of the historic venue.

These two previous capsules went on display at the Local Studies Library, where they captured the imagination of visitors who provided their own suggestions of items to include in this latest capsule.

All key partners involved in the project have provided items including letters from Councillor Nadine Peatfield, Leader of the Council, and Tim Wates, Chairman at Wates.

Architects Lathams have provided architectural drawings, while Hemingway Design, branding partner for the project, have included a copy of the new visual identity document.

The capsule itself is a length of pipe provided by Cadent Gas, and Sealed within are a diverse range of items, contributed by businesses across the city, that reflect life in Derby in 2024.

This includes a 3D printed submarine from Rolls Royce, the latest Food and Drinks guide from Marketing Derby, and a model Toyota Corolla. A selection of photos showcase Derby’s diverse communities and vibrant events, including 2024’s Derby Pride, the 2023 Lantern Parade and Caribbean Carnival.

The £35m transformation of the historic Market Hall – which is partly funded with £9.43m from the Government’s Future High Streets Fund – is well underway, providing a new hub for creatives, makers and traders, building on the city’s heritage of innovation and industry.

Businesses throughout the region are registering their interest in operating from the refurbished Market Hall, which will bring together the best of the region’s independent shopping, eating, drinking and entertainment when it reopens in Spring 2025.

Councillor Nadine Peatfield, Leader of Derby City Council, said:

This is an exciting moment in the Market Hall project as we seal a snapshot of 21^st Century life for generations to come.

I’m overwhelmed by the response to this project. We have so many businesses and groups represented in this capsule, giving future generations a real insight into what life was like here in Derby in 2024.

It’s a strange concept, not knowing when these items will be uncovered. I hope that whenever this capsule is opened, people will get a sense of what life was like in Derby in 2024 and see it as a vibrant, diverse and thriving city.

All that is for the future, but for now we’ll continue to press on with the refurbishment and I look forward to seeing the Market Hall open again in 2025.

Tim Wates, Chairman for Wates, said:

It was an honour to include a piece of Wates in the time capsule. Wates is proud to have managed the regeneration of this Grade II Listed Victorian Market Hall, originally designed by Derbyshire engineer Rowland Mason Ordish, into a vibrant cultural and retail destination. Guided by our commitment to reimagining spaces where people can thrive, we’ve focused on preserving heritage while enhancing accessibility, safety, and wellbeing. We’ve worked diligently to create a space that supports diverse uses, with the goal of revitalising the city’s day and night-time economies. Time will tell if the capsule is recovered, but it is a legacy we are proud to be involved in.

MIL OSI United Kingdom –

January 25, 2025
MIL-OSI United Kingdom: Radio 2 in the Park Boosts Preston Economy by £5.3 Million

Source: City of Preston

In September, Preston’s Moor Park was the vibrant setting for BBC Radio 2 in the Park, as global superstars like the Pet Shop Boys, Sting, and Sugababes drew thousands of music fans from across the country.

Over three days, the festival welcomed 68,100 attendees, sparking a major economic boost for the city. This brought over £5 million in visitor spending, creating jobs and supporting local businesses throughout Preston.

The BBC-hosted event attracted both local residents and visitors from across the UK. Around 13% of attendees were from Preston itself, while the majority were from further afield. It is estimated around 16,000 visitors stayed overnight, and a further 31,000 came for day trips, making Preston a vibrant hub over the course of the weekend.

Councillor Hindle, Cabinet Member for Culture and Arts at Preston City Council said:

Radio 2 in the Park has proven to be a tremendous success for the city of Preston. Not only did it attract thousands of visitors to enjoy top-quality entertainment, it also delivered a substantial boost to our local economy.

“The £5.3 million spent in the city over the weekend is a testament to Preston’s appeal as a destination for major events. We are proud of the way the city welcomed visitors and demonstrated our ability to host events on this scale. The lasting economic impact, including the jobs supported, shows just how valuable these events are for our community. We look forward to building on this momentum for future opportunities.”

John Chesworth, Chair of Preston Partnership said:

At Preston Partnership, we are dedicated to driving place direction and sustainable growth in the city. Radio 2 in the Park has been a fantastic opportunity to showcase Preston, bringing significant economic benefits to the area. Events like this not only boost the local economy through increased footfall and tourism but also provide a valuable platform for local businesses to thrive. We are proud to have been part of this venture, which has contributed to Preston’s economic development and future resilience.”

Helen Thomas, Head of Radio 2 said:

I’m so pleased the event has had such positive impact for the local economy, businesses and communities. All of us at Radio 2 would like to thank Preston City Council and the people of Preston for the incredibly warm welcome they gave Radio 2 in the Park when the station decamped to the city in September. We were delighted to broadcast live from several local venues during the build-up to the epic weekend in Moor Park and were proud to shine a light on this fantastic city across our shows during the event weekend and beyond.”

This influx of visitors led to an estimated £2.4 million in Gross Value Added (GVA) for the city of Preston, helping to support an estimated 2,100 jobs in the city during the three-day event. The figures provided exclude expenditure by Preston residents. However, local attendees spent an estimated £434,000 during the event, further adding to the local economy.

Economic analysis of the event was conducted by Hatch, a global consultancy with expertise in economic development and social impact assessment.

Tim Fanning, Director at Hatch, stated:

Events like this bring a range of benefits to their host locations. Our analysis shows that Radio 2 in the Park has provided a large economic boost to the city of Preston – boosting spending by up to 5% over the September weekend. Moreover, it has generated significant profile for the city, which has knock-on benefits for the visitor economy.”

This year’s Radio 2 in the Park not only provided unforgettable entertainment for thousands but also left a lasting positive impact on the city of Preston, highlighting its potential as a host city for future large-scale events. Radio 2 in the Park has shone a spotlight on Preston and provided national media coverage from March this year helping to put Preston on the map.

MIL OSI United Kingdom –

January 25, 2025
MIL-OSI United Kingdom: Celebrate Diwali at The Potteries Museum & Art Gallery

Source: City of Stoke-on-Trent

Published: Thursday, 31st October 2024

Families are being invited to a special event to celebrate Diwali this weekend.

Diwali, the Hindu Festival of Light, is one of the largest religious festivals for Hinduism, Jainism and Sikhism.

On Saturday 2 November, the Potteries Museum & Art Gallery is hosting its popular celebration event which brings together local communities and cultures.

The free event will feature traditional music, dance performances, Henna, and clay lamp making.

Stoke-on-Trent City Council leader Jane Ashworth said: “Diwali is one of our most popular events and a highlight in the museum’s calendar and I’m sure this year will be no different.

“Diwali is a major global event, one which reminds us to celebrate light and positivity in our lives, so it’s an ideal opportunity to join together as one and enjoy some free, family friendly fun. I’d encourage anyone who wants to celebrate Diwali to come along and join us.”

The Diwali celebrations take place on Saturday 2 November from 11am to 5.30pm at the Potteries Museum & Art Gallery.

Fo more information, visit: https://www.stokemuseums.org.uk/pmag/whats-on/events/diwali/diwali-2024/.

MIL OSI United Kingdom –

January 25, 2025
MIL-OSI Global: Did a Canadian developer really invent bitcoin? A new HBO show explores an intriguing theory

Source: The Conversation – Canada – By Jeremy Clark, Associate Professor, Information Systems Engineering, Concordia University

The true identity of the founder of bitcoin has always been a mystery. (Shutterstock)

In 2008, someone using the pseudonym Satoshi Nakamoto published the design of the cryptocurrency bitcoin, proposed the initial code and was active online for just under two years. In this time, they helped develop the code, answer questions and promote the project. Then, claiming to busy with new things, Nakamoto left working on bitcoin and was probably never heard from again.

HBO’s 2024 documentary Money Electric: The Bitcoin Mystery finds director Cullen Hoback looking for the real Nakamoto, motivated by bitcoin being “embraced by nation states” and “incorporated into 401(k)s.”

Read more:
Bitcoin turns ten – here’s how it all started and what the future might hold

The real Nakamoto?

Several attempts to unmask Nakamoto have been made before. Previous theories suggest that the elusive developer is Irish graduate student Michael Clear, Japanese-American systems engineer Dorian Nakamoto or one of several cypherpunks who worked on predecessors to bitcoin: Hal Finney, Nick Szabo or Adam Back.

Hoback confronts the man he suspects of being Nakamoto on camera in the film’s climax: Peter Todd, a software developer from Toronto. On film, Todd alternates between joking about being Nakamoto and calling the theory ludicrous, perhaps necessitating him to make an unequivocal denial in the press after it aired.

The trailer for HBO’s ‘Money Electric.’

The documentary is entertaining, but does it play it fast and loose? I would draw attention to three things that deserve further thought.

Online breadcrumb trail

While stopping short of claiming to have conclusively identified bitcoin’s creator, Hoback suggests something Todd once said to Nakamoto online was a slip up.

The background is this: with bitcoin, users leave tips to have their transactions processed. If the tip is too low, the computers running bitcoin will refuse to process it and the transaction will sit in bitcoin purgatory. Worse, bitcoin users who make this mistake cannot increase the fee without it looking like an attack on the system.

In an online post, Nakamoto posts that transactions could be declared safe if they only changed the amount of the fee.

Not long after, Todd chimes in that this is impossible with how bitcoin transactions work. The increased fee has to come from somewhere, namely a decrease in the amount paid out, which changes the transaction. Todd’s message is short: “Of course, to be specific, the inputs and outputs can’t match *exactly* if the second transaction has a transaction fee.”

Hoback ponders if maybe Nakamoto meant to correct himself, but somehow accidentally used his real account.

As the documentary recounts, Todd is smart, has developer experience and had been discussing digital cash online since he was a teenager. Todd would eventually be the one to implement the feature Nakamoto described, albeit with a fix to the issue he pointed out.

The theory plays out well on film but leaves out a few considerations.

Early bitcoin enthusiasts were a self-selecting group, and most were as technically minded as Nakamoto or Todd. This technical background is niche but not rare: more than 100,000 computer science students graduate annually in the United States, while there are over 500,000 certified security experts. And there are many equally capable people who are neither of these things.

Given Hoback’s evidence for Todd is circumstantial, the weight shifts to Todd’s reaction on camera when Hoback outlines his theory: a mix of bemusement, mockery and indignation. The film frames the reaction as incriminating, while others caution against reading anything into it.

Enter Ethereum

Bitcoin is maintained by an open group of volunteered computers (whose operators are paid in new bitcoin for the work of validating transactions and storing them on a ledger called the blockchain) where no one is in charge, and yet maintains high security.

Early bitcoin enthusiasts saw the potential for bitcoin’s blockchain technology to handle more than financial transactions, but the developers helming bitcoin (including Todd) thought it would be best if bitcoin stayed in its lane.

Some bitcoin enthusiasts in Toronto then banded together and launched Ethereum. Led by 21-year-old Vitalik Buterin, Ethereum provides a platform where anyone can run their code on a blockchain simply by paying a fee and pushing a button. The code could be anything from a new digital currency to sophisticated financial technology.

In Hoback’s documentary, many of the interviewees view bitcoin and its developers as competitors and antagonists of Ethereum.

Ethereum gets only about two minutes of screentime, dominated by Buterin rapping about Ethereum on the mainstage of a conference and being ribbed for his hat’s safari flaps.

Hoback’s documentary emphasizes Ethereum’s scam tokens but overlooks the innovative financial services that captured US$64 billion of assets in 2021, as well as its advancements in areas like efficiency and cryptography.

Ironically, it is Ethereum technology that runs crypto-betting platform Polymarket, which hosted a US$44 million betting pool on who would be named as Nakamoto in Hoback’s film before it aired.

“Polymarket turned Money Electric into a sporting event,” Hoback enthused. “Even I’m refreshing the betting pool to see how high the total volume gets.”

The end of privacy?

In his 2014 documentary, Terms and Conditions May Apply, Hoback did show he is willing to tackle social concerns that might seem a little dry or academic, such as privacy rights in a digital age.

He picks up this thread again in Money Electric, embedding an earnest message about the potential privacy and surveillance implications of governments — including Canada, the United States and 130 other countries — launching central bank digital currencies (CBDCs), something my research also draws attention to.

In theory, the technology underlying bitcoin can be expanded to provide a CBDC system as private as paper cash. However it will take a strong political will to get there.

Jeremy Clark receives funding from the National Sciences and Engineering Research Council (NSERC), Raymond Chabot Grant Thornton and Autorité des Marchés Financiers.

– ref. Did a Canadian developer really invent bitcoin? A new HBO show explores an intriguing theory – https://theconversation.com/did-a-canadian-developer-really-invent-bitcoin-a-new-hbo-show-explores-an-intriguing-theory-241750

MIL OSI – Global Reports –

January 25, 2025
MIL-OSI USA: “HUGE DEAL”: Casey Delivers Federal Funds to “Revive” Scranton to New York Rail Service

US Senate News:

Source: United States Senator for Pennsylvania Bob Casey
The Keystone: Bob Casey and Matt Cartwright revive Scranton’s rail service to New York City
FOX 43: Sen. Bob Casey secures nearly $9 million in funding to help restore Amtrak passenger rail service between Scranton and New York
Scranton Times-Tribune: Casey, Cartwright announce $9M toward restoring passenger trains between Scranton and New York City
Pocono Record: ‘Not study money’: Scranton-NYC Amtrak project gets $9 million for construction work
WBRE: “The start of construction being announced is a huge deal”
Washington, D.C. – This week, U.S. Senator Bob Casey (D-PA) secured almost $9 million in federal funds to begin construction to bring back Amtrak passenger service between Scranton, PA and New York, NY. The funding was made possible by the Infrastructure Investment and Jobs Act (IIJA), which Casey fought to pass. Casey has pushed to bring back the Scranton to New York rail line for his entire career in the Senate.
Read excerpts of the coverage of the funding announcement below:
The Keystone: Residents living in Northeastern Pennsylvania are one step closer to having a passenger rail connection to New York City. Sen Bob Casey (D-Pennsylvania), along with Congressman Matt Cartwright (D-Lackawanna), announced $8.9 million in funding to restore rail service between Scranton and New York City…Casey began fighting for the restoration of the Lackawanna Cut-Off, a 28-mile stretch of track that fell into disrepair after rail service between Scranton and New York City halted in 1970, in 2008 when he sent a letter to Amtrak. After the passage of the Biden-Harris’ Bipartisan Infrastructure Law in 2021, Casey and Cartwright began pushing for the restoration of the rail line and they were able to deliver.
WBRE: At the Scranton Trolley Museum, on Monday Congressman Matt Cartwright and Senator Bob Casey announced they secured nearly nine million dollars in federal funding to kick off long-needed railway rehabilitation and track improvements to the Lackawanna Cut-Off…The start of construction being announced is a huge deal. It’s taken decades of work to get to this point and now federal funding has secured the train is back on track.
Scranton Times-Tribune: The long-sought restoration of passenger rail service between Scranton and New York City through the Poconos and New Jersey advanced with a $9 million federal grant for bridge and rail line construction in Pennsylvania, officials announced Tuesday…the funding represents a milestone in the Amtrak project because it will finally result in construction…“The people of our region deserve this,” Casey said. “We’re going to finish this project no matter how long it takes us to do that.”
ABC 16/WNEP: It’s been decades since passenger rail service ran through the city of Scranton…On Monday, another step was taken towards achieving that goal. Inside the Electric City Trolley Museum—U.S. Senator Bob Casey and U.S. Representative Matt Cartwright announced nearly 9 million dollars in federal funding to begin construction on the rail line that once connected the Big Apple and Scranton.
Times Leader: The officials said that direct rail service between Scranton and New York could generate as much as $84 million in economic activity every year, according to an Amtrak study. “I have fought to restore rail service between Scranton and New York for my entire career in the Senate, and this investment from the infrastructure law means we are now closer than ever to making it a reality,” said Sen. Casey. “Passenger rail service to and from New York will be a game-changer for our region, meaning more family time, more economic investment, and more job opportunities.”
FOX 43: Pennsylvania Sen. Bob Casey and U.S. Rep. Matt Cartwright on Tuesday announced nearly $9 million in federal funding to begin construction that will bring back Amtrak passenger rail service between Scranton and New York City…Casey and Cartwright have spent their careers in Congress advocating to restore rail service between Scranton and New York. In 2008, Casey began leading the charge in the Senate to implement a passenger service between Scranton and New York.
Pocono Record: The effort to restore passenger rail between Scranton and New York City has received $9 million toward construction, officials announced Tuesday…“This is a nice day to celebrate, but we’re going to get more money. We’re going to finish this project, no matter how long it takes us to do that,” U.S. Sen. Bob Casey said. Multiple speakers noted the importance of the Bipartisan Infrastructure Law passed in 2021 in providing funds for this project.
WVIA: Scranton’s decades-long dream of renewed rail service to New York City will soon take a key step forward thanks to nearly $9 million in federal infrastructure funding. Tuesday was a day to talk about trains, and how $8,958,919 in Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant money will be used to upgrade railroad infrastructure along the Pennsylvania segment of the right-of-way, including a bridge and thousands of railroad ties…Both Cartwright and Casey have long been active supporters of renewed rail service, which officials say could be up and running as early as 2028 or 2029.
FOX 56/WOLF TV: U.S. Senator Bob Casey (D-PA) and U.S. Representative Matt Cartwright (D-PA-8) announced millions in federal funding to begin construction to bring back Amtrak passenger rail service between Scranton and New York. The award, totaling $8,958,919,will kick off long-needed railway rehabilitation and track improvements to begin the process of restoring service between the communities via the Lackawanna Cut-Off, officials said.

MIL OSI USA News –

January 25, 2025
MIL-OSI USA: Philly TCU/IAM Members are Voting their Jobs & Voting Harris-Walz

Source: US GOIAM Union

Chief of Staff to the International President Vinny Addeo, IAM National Legislative and Political Director Hasan Solomon, TCU/IAM National Legislative Director Dave Arouca, and IAM Assistant Communications Director DeLane Adams recently visited members of TCU/IAM Locals 1351 and Local 878 who work for Amtrak in Philadelphia. Members were able to receive IAM Union for Kamala Harris/Tim Walz T-shirts and yard signs. These efforts help encourage members to go out and vote in the upcoming election.

“It’s important to talk about what this election really means for our members working at Amtrak and SEPTA,” said TCU/IAM National President Maratea. “We’ll always fight to beat back proposed cuts to Amtrak and transit funding, but those fights get much harder when we send anti-passenger rail people to Washington. Fact: Trump tried to defund us every single budget year. Fact: The Biden-Harris Administration provided record funding for Amtrak. Sometimes elections are tough choices – this one is not.”

TCU/IAM will always engage in the political process and educate members on the importance of civic engagement.

The outreach effort also included distributing informational materials and encouraging members to inform others about the upcoming election. IAM Local 1351 and Local 878 members expressed excitement about their choices for the 2024 election.

“This election is extremely important,” said TCU/IAM Local President Shari Paige. “Our jobs and livelihood depend on it. Cuts to Amtrak funding mean pink slips for TCU. We need people to go out and vote their job.”

The IAM GOTV program is designed to help IAM members across the country understand the importance of electing pro-labor candidates with a strong track record of advocating for working families.

“Our members play a crucial role in shaping policies that affect their lives and the lives of their families,” said Addeo. “We must all participate in the upcoming election to ensure our voices are heard.”

Our union has already knocked on thousands of doors and made thousands of calls across key battleground states. From worksite visits to door-to-door efforts, to phone calls and texts, IAM members are working hard communicate directly to voters about what’s at stake this Election Day.

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MIL OSI USA News –

January 25, 2025
MIL-OSI: Check Point Software Technologies Ltd. Shareholders Approve All 2024 Annual General Meeting Proposals

Source: GlobeNewswire (MIL-OSI)

REDWOOD CITY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all seven proposals presented at the 2024 Annual General Meeting. Approximately 87.6 million shares, representing approximately 79.6% of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees.

For more information on the agenda items, please see the company’s proxy statement for the annual general meeting of shareholders: http://www.checkpoint.com/about-us/investor-relations/annual-general-meeting/

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Platform Services for collaborative security operations and services.

Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. These risks include our ability to continue to develop platform capabilities and solutions; customer acceptance and purchase of our existing solutions and new solutions; the market for IT security continuing to develop; competition from other products and services; and general market, political, economic, and business conditions, including acts of terrorism or war. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

MEDIA CONTACT:
Gil Messing
Check Point Software Technologies
press@checkpoint.com

INVESTOR CONTACT:
Kip E. Meintzer
Check Point Software Technologies
ir@checkpoint.com

The MIL Network –

January 25, 2025

Category: Entertainment

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In September, Preston’s Moor Park was the vibrant setting for BBC Radio 2 in the Park, as global superstars like the Pet Shop Boys, Sting, and Sugababes drew thousands of music fans from across the country.

Councillor Hindle, Cabinet Member for Culture and Arts at Preston City Council said:

John Chesworth, Chair of Preston Partnership said:

Helen Thomas, Head of Radio 2 said:

Tim Fanning, Director at Hatch, stated:

The real Nakamoto?

Online breadcrumb trail

Enter Ethereum

The end of privacy?