Category: Entertainment

  • MIL-OSI Submissions: I rode the Tour de France to study its impact on the human body – here’s what I learned

    Source: The Conversation – UK – By Steve Faulkner, Senior Lecturer in Exercise Physiology, Nottingham Trent University

    The Tour de France is often called the world’s biggest annual sporting event. Each July up to 12 million people line the roadside, while the cumulative TV audience tops 3 billion viewers across 190 countries.

    In 2025, 184 riders will compete in teams of eight, racing a punishing 3,500 km route with nearly 50,000 metres of climbing – roughly the height of Mount Everest six times over. Across 21 stages riders tackle time trials, flat sprints and brutal mountain passes through the Alps, Pyrenees and Massif Central.

    Professional cyclists possess extraordinary endurance and are capable of generating high power outputs day after day. Yet, despite having far less training and support, in recent years a number of amateur cyclists have begun riding the Tour route just days before the pros. The Tour 21 is one such effort and offers cyclists a chance to follow in the tyre tracks of the elite while raising money for a good cause.

    In 2021 I joined 19 others to ride the full route in support of Cure Leukaemia, with a shared goal of raising £1 million for blood cancer research. As a blood cancer survivor diagnosed at 16, this challenge combined my love of cycling, my background in science and my deep desire to give back to the community that helped save my life. It was also a unique opportunity to study how amateur cyclists cope with one of the most demanding endurance events in the world.

    The research findings were published in the Journal of Science and Cycling, to coincide with 2025’s Grand Départ (the official start of the race) in Lille.

    Training for the impossible

    Originally, the study planned to include lab-based physiological assessments of the amateur cyclists undertaking the Tour de France route, but the COVID-19 pandemic forced us to adapt and rely instead on data from training diaries. These gave us insight into how much (or little) training had been done leading up to the ride, and how riders managed the physical and mental strain during the event itself.

    While professional cyclists typically train 20–25 hours a week – often at altitude, with tailored coaching and racing schedules – our group of amateurs had full-time jobs, were typically 15–20 years older than the pros and trained around seven to ten hours a week.

    Our preparation was far from ideal, averaging just 47km per ride and 350 metres of climbing; a fraction of what the Tour demands. In fact, this amounted to less than 10% of the required climbing during the mountain stages.

    Once the ride began, the contrast between training and reality was stark. The group averaged nearly seven hours of riding a day, a 300% increase from their usual routine. Within four days signs of overtraining began to emerge: riders were no longer able to elevate their heart rates, a classic marker of central nervous system fatigue and excessive physical stress.

    As the days progressed, performance metrics continued to decline: heart rates dropped, power outputs fell and mood scores deteriorated. The cumulative fatigue was undeniable.

    Surprisingly, when we compared our amateur data to metrics from professional riders, we found that although pros ride at much higher power outputs, amateurs were subject to greater relative stress. On some days they spent almost double the time in the saddle, which meant they operated closer to their physical limits, with far less time for recovery – and often suboptimal sleep and nutrition.

    By the final week many of the riders could no longer produce the same power they had in the first few days. In some cases, heart rates wouldn’t rise above 100 beats per minute – a clear sign of accumulated fatigue and physiological overload.

    How to prepare for an ultra-endurance challenge

    If you’re planning to take on a major endurance event – whether it’s cycling, running, or hiking – here are some lessons from the road:

    1. Train specifically for the event

    Your training should mirror the challenge ahead. For the Tour, this meant preparing for long, back-to-back days with significant climbing. Mimic the intensity, volume and terrain as closely as possible.

    2. Understand how quickly fatigue builds

    Over multiple days, fatigue doesn’t just accumulate – it compounds. Listen to your body, adapt your plan and include plenty of recovery time.

    3. Prioritise nutrition and recovery

    These two factors can make or break your performance. You’ll need to consume enough energy to fuel the effort, but avoid excessive intake that leads to unnecessary weight gain. Recovery – through sleep, rest and refuelling – is equally vital.

    4. Work with an experienced coach

    More than fancy bikes or high-tech gear, a good coach is your best investment. They can help tailor your training plan, track your progress and adapt strategies as needed. Don’t underestimate this support.

    A ride to remember

    Completing the Tour de France route is a monumental achievement for any cyclist — amateur or pro. In 2021, our team not only rode the full route, but also raised over £1 million for Cure Leukaemia. For me, it marked a deeply personal milestone in my cancer journey.

    Throughout those 21 days, I thought often of the physical and emotional battles I faced during treatment; moments when I didn’t know if I’d survive, let alone ride across France. That experience gave me the resilience to keep going, even when my body was screaming to stop.

    Riding the Tour taught me that we’re capable of far more than we realise, especially when we ride with purpose.

    Steve Faulkner 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. I rode the Tour de France to study its impact on the human body – here’s what I learned – https://theconversation.com/i-rode-the-tour-de-france-to-study-its-impact-on-the-human-body-heres-what-i-learned-260524

    MIL OSI

  • MIL-OSI Submissions: How to support someone who is grieving: five research-backed strategies

    Source: The Conversation – UK – By Lucy Poxon, Senior Lecturer in Counselling Psychology, Department of Social Work Counselling & Social Care , School of Childhood and Social Care, University of East London

    PeopleImages.com – Yuri A/Shutterstock

    When someone we care about is grieving the loss of a loved one, our natural instinct is to ease their pain. But when words feel clumsy and gestures fall short, it can be hard to know how to help.

    Drawing on both my research as a counselling psychologist and 18 years of supporting bereaved clients in therapy, I’ve identified five compassionate, research-backed ways to walk alongside someone who is mourning.

    Whether you’re a close friend, family member, or caring colleague, these approaches will help you offer support in meaningful and authentic ways.

    1. Grief wears many disguises

    Our expectations of how grief should look are often shaped by culture, the media or personal experience, and they may bear little resemblance to how grief is actually lived.

    Grief can appear as physical symptoms like exhaustion, loss of appetite, or insomnia; as behaviour like withdrawing from others or drinking more; and as thoughts or emotions ranging from apathy and numbness to anger or intense sadness.

    It can be loud and overwhelming or quiet and barely perceptible. Some people feel deep sorrow immediately; others feel nothing for weeks or even months. A lack of overt sadness isn’t necessarily cause for concern; it may reflect relief that a loved one is no longer suffering, or be a sign of early adjustment.




    Read more:
    Not all mourning happens after bereavement – for some, grief can start years before the death of a loved one


    One of the most compassionate things you can do is validate whatever shape grief takes. Reassure the person that there’s no “right” way to grieve and support them in tuning into what their body and emotions need.

    2. Acknowledge the death and don’t rush the tears

    Nearly every grieving client I’ve worked with has described someone, often a friend, colleague, or even family member, who avoided or ignored them after the loss. It’s one of the most painful experiences for someone already feeling vulnerable.

    Often, the avoidance isn’t malicious. It’s driven by fear of saying the wrong thing or not knowing how to help. But by avoiding the subject, we send an unintended message: your grief is too much.

    Acknowledging the death, even simply by saying “I’m so sorry to hear about your loss”, is not a reminder of their pain, it’s a sign that you see it and honour it. Inviting someone out, even if they decline, communicates that they still belong and are welcome.

    If someone begins to cry, it’s natural to want to fix things, to offer comfort, or even to pass a tissue. But giving a tissue too soon can inadvertently signal that they should stop crying. Sometimes the most supportive thing you can do is to sit with your own discomfort, and simply be present. That silent witness can help a grieving person feel less alone.

    3. Let go of the “stages of grief” myth

    Many people are still taught to expect a tidy progression of grief: denial, anger, bargaining, depression and acceptance, popularised by Swiss-American psychiatrist Elisabeth Kübler-Ross in the 1960s. While these emotions are real and common, research shows that most people don’t experience them in a neat order, or even experience all five at all.

    Despite being widely critiqued, stage-based models are still found in healthcare training manuals and TV scripts, and they can leave people feeling like they’re grieving “wrong”.

    If your loved one is worried they should feel more sadness, or wonders why they haven’t yet felt angry, remind them: grief is personal and unpredictable. There’s no timeline, no script and no shame in not following one.

    Helping someone let go of these expectations may ease guilt, reduce internal pressure and encourage gentler self-care.

    4. Encourage communication – with the living and the lost

    Grief often comes with emotional loneliness, a deep sense of aloneness that persists even in the presence of others. It’s different from social isolation; it’s the ache of missing someone irreplaceable.




    Read more:
    What we can learn from death rites of the past will help us treat the dead and grieving better today


    While you can’t fix that loneliness, you can help the bereaved maintain a continuing bond with their loved one. This might include writing letters to the person who has died, speaking to them at a graveside or special place, saying prayers or engaging in meditation or creating memory boxes or rituals.

    These forms of connection can help integrate the loss into a new reality. You might offer to visit a meaningful place together, or support them in planning a small memorial gesture.

    5. Make specific, practical offers

    It’s common to say “Let me know if you need anything”, but for someone in deep grief, reaching out can feel impossible. Emotional overwhelm, fatigue and even shame can prevent them from asking for help, even when they desperately need it.

    Instead, make intentional, concrete offers that remove decision-making and emotional labour. These might include:

    • delivering a home-cooked meal once a week

    • taking care of pets or houseplants

    • helping with funeral admin or paperwork

    • offering regular lifts to appointments

    • updating others on their behalf

    • messaging with a clear “no need to reply” reassurance

    If you live far away, sending a card, text, or voice note can still be powerful; just be mindful that they may receive many, and feel pressure to respond. A line like, “No need to write back, just wanted you to know I’m thinking of you” can go a long way.

    Grief is not a puzzle to solve or a wound to fix. It’s a human response to love and loss – and it’s different for everyone.

    The most powerful thing you can do? Be there. Stay present. Listen without judgement. And remember that it’s okay not to have the perfect words. Showing up with authenticity, patience and compassion is what matters most.

    Lucy Poxon 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. How to support someone who is grieving: five research-backed strategies – https://theconversation.com/how-to-support-someone-who-is-grieving-five-research-backed-strategies-260265

    MIL OSI

  • MIL-OSI: Practice AI™ and Settlement Streams Announce Strategic Partnership to Expand AI-Powered Services and Enhance Settlement Distributions

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Practice AI™, a leading provider of AI solutions for legal and medical professionals, is proud to announce a strategic partnership with Settlement Streams, a trusted post-settlement financial management for law firms. This collaboration marks a milestone in advancing intelligent, end-to-end solutions for the personal injury and mass tort legal sectors.

    Through this partnership, Settlement Streams’ clients will gain direct access to Practice AI’s suite of AI-powered tools, including automated demand letter generation and medical document summarization. These tools are designed to save firms hundreds of hours and reduce operational bottlenecks. In turn, Practice AI clients will benefit from enhanced settlement distribution capabilities, offering a more efficient, secure, and transparent experience for post-resolution fund handling.

    “This partnership allows both of our organizations to deliver greater value at every stage of the case lifecycle,” said Hamid Kohan, CEO of Practice AI. “By aligning Practice AI’s automation tools with Settlement Streams’ best-in-class disbursement platform, we’re helping firms go from case intake to check disbursement faster and smarter than ever before.”

    The integration reflects a shared commitment to simplifying legal workflows through technology—empowering attorneys, paralegals, and operations teams to focus on outcomes, not admin.

    “This collaboration is about creating a smarter workflow for our shared clients. Practice AI excels at streamlining the complex, document-intensive work required to get a case to the finish line. We provide a secure, transparent platform to handle the crucial financial steps that follow. It’s a natural fit that will deliver immediate value, helping firms move from intake to disbursement with greater speed and confidence,” said Ben Raslavich, Founder and CEO

    The partnership will roll out across shared clients starting in Q3 2025, with joint webinars, integration support, and platform enhancements planned throughout the year.

    For more information, visit www.lawpractice.ai or www.settlementstreams.com.

    For media inquiries, please contact:
    Practice AI™
    Address: 21731 Ventura Blvd. #175, Woodland Hills, CA 91364
    Phone: (424) 476-5858
    Email: sales@mylawfirm.ai

    Visit us on social media:
    Facebook | Instagram | LinkedIn | YouTube | X.com

    The MIL Network

  • MIL-OSI USA: $3M Awarded to Integrate EV Into the Grid

    Source: US State of New York

    overnor Kathy Hochul today announced $3 million has been awarded to three projects to advance technologies that can help integrate electric vehicles efficiently into the electric grid. The Governor has also made available $4 million to advance technologies that overcome data collection, transmission and operational challenges faced by utilities to manage electric vehicle (EV) charging. Together, these solutions will help to enhance grid flexibility, shift charging to accommodate energy demand, and lower charging costs for consumers.

    “New York is leading the way in building a smarter, more sustainable energy future,” Governor Hochul said. “By investing in innovative technologies that support EV charging and integration with the grid, we are strengthening our clean energy infrastructure to meet the demands of tomorrow. We are also improving grid resiliency while making it easier and more affordable for New Yorkers to drive electric.”

    The $3 million has been awarded to three projects through the Vehicle Grid Integration Program, administered by the New York State Energy Research and Development Authority (NYSERDA), which provides funding for projects that are scalable and advance electric vehicle charging infrastructure through product development, technology demonstrations, or new business models. Technologies include bi-directional charging, energy storage, on-site energy generation, and EV managed charging.

    New York State Energy Research and Development Authority President and CEO Doreen M. Harris said, “Investing in vehicle to grid integration is a game changer for utilities and consumers when it comes to balancing demand on the electric grid and these awarded companies have put forward innovative solutions to improve the way we achieve that balance. Advancing technologies that can shift when electric vehicle charging happens will open the door for future cost reductions, more renewable energy resources like wind and solar, increased grid flexibility and fewer infrastructure upgrades.”

    The awarded projects include:

    • Charging Platform Lamppost Conduit Interconnection: Voltpost was awarded $775,000 to develop lamppost EV charging in the New York City area, Capital Region, and Hudson Valley focusing on UL certification, retrofits, and plans to deploy at least ten additional Level 2 charging stations in New York State.
    • Demonstrating Statewide Implementations of Flexible Interconnections for Fleets: The Mobility House was awarded $867,000 to show how utility distribution capacity can be maximized with flexible interconnections to support electric school bus charging at a depot in Staten Island and a second location yet to be determined in New York State to pilot a method for fast charger deployment that decouples charger construction from electric grid development timelines.
    • Distribution-Optimized EV Managed Charging to Enhance Grid Flexibility: Weave Grid, Inc. was awarded nearly $1 million to control when EV managed charging will occur in the Orange and Rockland Utilities service area by using software and topology data to coordinate schedules and balance the energy load.

    Managed EV Funding
    Also announced today is $4 million in new funding for a competitive solicitation offered through NYSERDA’s Electric Vehicle Managed Charging program. Proposals are sought from researchers, developers and consultants, who individually or as a team, will develop or demonstrate technologies that can solve the data collection, data transmission and operational challenges faced by utilities when integrating electric vehicles, regardless of supplier, with the electric grid. Proposals must include behind-the-meter EV integrated solutions including the transfer of bi-directional data and utility control over charging, or both to study how these solutions can alleviate demand on the electric grid.

    The focus of this solicitation was identified by NYSERDA working with Avangrid, parent company of Rochester Gas & Electric (RG&E) and New York State Electric & Gas (NYSEG), to provide data that will help inform future utility rate and program planning for EV managed charging.

    Proposals are due on September 16, 2025, by 3:00 p.m. ET. For more information on this funding opportunity please visit NYSERDA’s website.

    For more than fifty years, NYSERDA has been a trusted and objective resource for New Yorkers, taking on the critical role of energy planning and policy analysis, along with making investments that drive New York toward a more sustainable future. Today’s announcement builds on the success of NYSERDA’s Grid Modernization program, which since 2016 has awarded approximately $65 million to over 110 grid technology companies and research organizations for projects that improve low-cost high-accuracy grid sensors, modeling and simulation tools, and advanced engineering solutions. New York State’s investments in research, development, and commercialization support innovators accelerating the clean energy transition. NYSERDA’s Innovation and Research program is deploying approximately $1.2 billion over 15 years as direct research investments and commercialization support. To date, more than $800 million in investments have supported more than 700 companies and made nearly 300 products commercially available to individuals, businesses, and utilities.

    In addition, New York State is investing nearly $3 billion in electrifying its transportation sector and rapidly advancing measures that all new passenger cars and trucks sold, are zero emissions, along with all school buses being zero emissions the same year. There are a range of initiatives to grow access to EVs and improve clean transit for all New Yorkers including the Drive Clean Rebate, EV Make Ready, EVolve NY, the New York Truck Voucher Incentive Program (NYTVIP), the New York School Bus Incentive Program, and the Direct Current Fast Charger Program.

    Funding for this initiative is through the Clean Energy Fund (CEF).

    New York State’s Climate Agenda
    New York State’s climate agenda calls for an affordable and just transition to a clean energy economy that creates family-sustaining jobs, promotes economic growth through green investments, and directs a minimum of 35 percent of the benefits to disadvantaged communities. New York is advancing a suite of efforts to achieve an emissions-free economy by 2050, including in the energy, buildings, transportation, and waste sectors.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Minister Peacock speech at the Giving and Impact Summit

    Source: United Kingdom – Executive Government & Departments

    Speech

    Minister Peacock speech at the Giving and Impact Summit

    Minister Peacock delivered a speech at the Giving and Impact Summit held at the London Stock Exchange.

    Good morning everyone. Thank you for that kind introduction.  It is great to be here with you this morning at the Giving and Impact summit. Thank you to Integra for organising this forum, to the London Stock Exchange for hosting us, and to everyone here today. Your presence here demonstrates your shared interest and belief in the power of philanthropy and impact investment to achieve social good. This Government shares this passion and recognises the vital role the Impact Economy can play in helping to drive stronger economic growth across the country, alongside our ambitious Plan for Change.  I intend to set out briefly today how we can work in partnership to achieve this. 

    A remarkable 15 billion pounds was donated to charities last year; of course we can go further.  I have seen this first hand in my own constituency of Barnsley South, quite a deprived area. Whether that be Barnsley Hospice that raises £3.6 million per year and relies on donations to care for people and their families at the most difficult time of their lives or Barnsley Youth Choir which receives donations of over £300,000 annually, they focus on advancing musical education for young people in Barnsley and surrounding areas, and in their short existence have become one of the world’s leading youth choirs.

    Charitable giving and philanthropic investment builds on the British spirit of generosity that was outlined in the intro. Extending to our impact investment market, which has grown significantly over the past decade and leads the way in Europe. This growing market is worth over 76 billion pounds, demonstrates people’s strong desire for a connection between their investments and tangible social impact.  Now as the Minister responsible for philanthropy and the Impact Economy, I have seen first-hand the remarkable work being done in this area and the vast potential for increasing funds invested in public good. It was a real pleasure and a real eye opener to visit Made-in-Stoke last year for Giving Tuesday, an initiative focused on building a community of individuals eager to give back to Stoke. 

    That brings me onto government, and the important role we play in creating an ecosystem that stimulates increased investment and delivers for communities up and down the country. The most pressing social and environmental challenges facing the nation require us to work together, with different forms of capital, to achieve lasting change. We want to work more closely with all of you here today, to tackle these challenges and boost inclusive  growth. That is why we established the Social Impact Investment Advisory Group earlier this year. Both myself and the Chief Secretary to the Treasury were really pleased to attend its first meeting. This group of experts brings together individuals from across the impact investment, philanthropy and civil society sectors, and will provide recommendations later this year on how the government can effectively mobilise more social impact capital. The group has also been advising on the Social Impact Investment Vehicle announced at the Autumn Budget, to support delivery of the Government’s top priorities and to tackle those complex social problems. The advisory group is the first step in our commitment to establishing a stronger, and more ambitious, partnership with Impact Economy. We will continue to build on this, as our recently published Industrial Strategy demonstrates. This sets out our clear intention to deepen collaboration with the Impact Economy to deliver inclusive and sustainable growth, and in particular partner with the philanthropy sector. 

    I have heard from many of you that more can be done to grow philanthropic investment in this country. That is why, earlier this year, I outlined my three priorities to support this: 

    Firstly, the Government wants to connect philanthropic investment with the places that need it most – through place-based philanthropy. The Secretary of State has committed to the development of a place-based philanthropy strategy. This will set out a vision for how we can harness philanthropy to drive economic growth and regenerate  our communities. 

    Second,  we want to unlock extra philanthropic investment by making it as easy as possible for philanthropists to give more, and for would-be philanthropists to give for the first time.

    And finally, we want to partner with civil society, communities, donors and businesses to celebrate a culture of giving. 

    Let me end today by saying that this Government acknowledges the immense contribution social investors, philanthropists, and businesses make, and we want to see this go further.  Thank you all once again for inviting me to join you today, and I hope the rest of the summit is a success.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Analysis: Cancellations at Canadian film festivals raise questions about accountability

    Source: The Conversation – Canada – By Dorit Naaman, Alliance Atlantis Professor of Film and Media, Queen’s University, Ontario

    Film festivals are unique cultural institutions, spaces to see diverse films by local and global filmmakers and an important market for distributors. These films are often difficult to see, or even know about, outside of festival circuits.

    Festivals are also answerable to funders and to different stakeholders’ interests. Cancellations of planned films raise questions about festivals’ roles and accountability to community groups who find certain films objectionable, the wider public, politicians, festival sponsors, audiences, filmmakers and the films themselves.

    In September 2024, The Toronto International Film Festival (TIFF) faced a backlash from pro-Ukrainian groups — and former deputy prime minister Chrystia Freeland, who is of Ukrainian descent — when the documentary Russians at War was included in the program.




    Read more:
    ‘Russians at War’ documentary: From the Crimean to the Iraq War, soldier images pose questions about propaganda


    The Ukrainian Canadian Congress and other advocates called on TIFF to cancel the film, directed by Russian Canadian Anastasia Trofimova, which they accused of being Russian propaganda.

    TIFF did cancel festival screenings after it was “made aware of significant threats to festival operations and public safety,” but once the festival was over, showed Russians at the TIFF Lightbox Theatre.

    In November, the Montréal International Documentary Festival (RIDM) cancelled the Canadian premiere of Rule of Stone, directed by Israeli Canadian director Danae Elon. As a film and media professor, I supervised Elon’s research for the film while she pursued a master’s degree at Queen’s University.

    RIDM acknowledged Elon’s “personal commitment to criticizing and questioning the state of Israel” through her story about the stone that, by Israeli law, has to be used on the exterior of every new building in Jerusalem.

    In the film, Elon examines how, in post-1967 Jerusalem, “architecture and stone are the main weapons in a silent, but extraordinarily effective colonization and dispossession process” of Palestinians.

    As a documentarist and a researcher in Israeli and Palestinian media representations of fighters, I have analyzed both films and followed the controversies. Each focuses on contemporary political issues relevant to our understanding of current affairs.

    While the reasons for the cancellations are different, in both cases the festivals responded to pressures from community groups, placing the public right to a robust debate at the festival and beyond as secondary.

    ‘Russians at War’

    Director Anastasia Trifamova embedded herself in a Russian supply unit, and later a medical team, eventually making her way to the front lines in occupied Ukraine.

    Trifamova comes across as a naive filmmaker, using an observational, non-judgmental form of filmmaking common in 21st-century war documentaries, as seen in films like Armadillo and Restrepo (respectively following Danish and U.S. troops in Afghanistan).

    As noted by TIFF, Russians was “an official Canada-France co-production with funding from several Canadian agencies,” and Trifamova said she did not seek or receive official permission from the Russian army to film.

    The film documents the machination of war, where soldiers are both perpetrators of violence and its victims. It humanizes the soldiers, which understandably can be upsetting to Ukrainian and pro-Ukrainian publics. But should emotions of one group, outraged and incensed as they may be, prevent the public from having the difficult conversations promoted by the film?

    Early in the film, Trifamova confronts the soldiers about why they are fighting and they respond with Russian propaganda (fighting Nazism, defending the borders).

    Later, soldiers approach Trifamova — on camera — to express doubts about the justification of the war and their presence in Ukraine. The film provides an unflattering view of Russia’s attack on Ukraine, emphasizing the futility of the war and the incredible toll on soldiers and civilians (including some Ukrainian civilians). Russian troops appear untrained and poorly equipped to fight in chaotically managed battles.

    Like Armadillo and Restrepo, Russians at War represents the soldiers without judgment and contributes to necessary conversations about war. In my analysis, while Trifamova refrains — in her sporadic voice-over — from condemning the war outright, it is difficult to read the film as Russian propaganda.

    While TIFF cited security concerns as the reason for cancellation, security was in place for another film that attracted controversy, Bliss.

    A cancellation from such an established festival likely has an effect on how a film is able to circulate. For example, TVO, one of the funders of Russians at War, cancelled its scheduled broadcast days after the TIFF cancellation.

    ‘Rule of Stone’

    Rule of Stone, as noted by RDIM, “critically examines the colonialist project of East Jerusalem following its conquest by Israeli forces in 1967.”

    The title references a colonial bylaw to clad building with stone, first introduced by the British, which still exists today.

    The film, which examines architecture’s role in creating modern Jerusalem, is led by Elon’s voice-over. It mixes her memories of growing up in 1970s Jerusalem and her reckoning with the “frenzy of building,” which included projects by architect Moshe Safdie, a citizen of Israel, Canada and the United States. Elon recounts that her father, journalist and author Amos Elon, was a close friend of Safdie, as well as legendary Jerusalem mayor Teddy Kolek.

    Safdie is among the Israeli architects, architectural historians and planners who Elon interviews. The expansion of Jewish neighbourhoods is contrasted with the restrictions on and disposession of Palestinians in Jerusalem. Multiple scenes show the demolition of Palestinian homes or the aftermath. In intervwoven segments, Izzat Ziadah, a Palestinian stonemason who lives in a stone quarry, gives a tour of what is left of his destroyed home.

    Viewers hear how the planning, expansion and building of Jewish neighbourhoods, post-1967, were designed to evoke biblical times. As architectural historian Zvi Efrat notes, the new neighbourhoods look like, or attempt to look like, they were there forever.

    ‘Rule of Stone’ trailer.

    As reported by La Presse, the RIDM cancellation came after the festival received information about the documentary’s partial Israeli financing, something that “embarrassed” them with some of the festival’s partners. Funding for the development of the film came from the Makor Foundation for Israeli Films, which receives support from Israel’s Ministry of Culture and Sport.

    Two organizations, the Palestinian Film Institute and Regards Palestiniens, opposed the film’s showing on the basis of their commitment to the Palestinian Campaign for the Academic and Cultural Boycott of Israel (PACBI).

    In the organizations’ logic, Israel state funding means a film should be subject to boycott as “PACBI specifically targets Israeli institutional funding in the arts which serves to culturally whitewash and legitimize the Israeli state.”

    In my view, this position differs from the PACBI guidelines, which state:

    “As a general overriding rule, Israeli cultural institutions, unless proven otherwise, are complicit in maintaining the Israeli occupation and denial of basic Palestinian rights, whether through their silence or actual involvement in justifying, whitewashing or otherwise deliberately diverting attention from Israel’s violations of international law and human rights.”

    Makor should be exempted since it regularly funds films that draw attention to Israel’s violations of Palestinian human rights. In 2024 alone, the list includes The Governor, The Village League and Death in Um al hiran.

    RIDM’s website does not disclose support for a boycott. In the end, RIDM announced that Elon withdrew her film. She stated: “Screening my film at RIDM does not serve the long-term purpose of the festival, nor is it possible now to address the nuances in our common fight for justice for Palestine. I am deeply saddened and distressed by [what] has brought it to this point.”

    To date, the film has not found a cinema in Montréal willing to screen it.

    Provoking important conversations

    The two festivals’ mission statements promise high-quality films that transform or renew audiences’ relationships to the world.

    It is clear why programmers chose both films, since they’re cinematically innovative and provoke important conversations.

    However, both festivals silenced these films and signalled to other filmmakers that these festivals are not brave spaces to have difficult and necessary conversations.

    Dorit Naaman 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. Cancellations at Canadian film festivals raise questions about accountability – https://theconversation.com/cancellations-at-canadian-film-festivals-raise-questions-about-accountability-250892

    MIL OSI Analysis

  • MIL-OSI United Kingdom: Post Office Minister responds to Horizon IT Inquiry report

    Source: United Kingdom – Government Statements

    Oral statement to Parliament

    Post Office Minister responds to Horizon IT Inquiry report

    Gareth Thomas spoke to Parliament after report outlined scandal’s human impact and looking at the redress schemes which have been put in place in response. 

    Madam Deputy Speaker, Sir Wyn Williams has today released the first volume of his report into the Horizon scandal, which caused so much harm to so many innocent people. 

    The fearless and diligent work of his Inquiry has, I believe, won the trust and admiration of postmasters. The Inquiry has asked penetrating questions of a large number of witnesses and has scrutinised more than two million pages of evidence. 

    The whole House I know recognises the bravery of the postmasters who fought against enormous odds to see their cause recognised. Sir Wyn’s report reminds us that blameless people were impoverished. Bankrupted. Stressed beyond belief. Lost their jobs, their marriages, their reputations, their mental health. In some cases, lost their lives. 

    I am sure that the whole House will share my gratitude to Sir Wyn and his team for their work so far. This is only the first volume of their final report, spelling out the scandal’s human impact and looking at the redress schemes which have been put in place in response. 

    A second volume will in due course deal with the causes of the scandal, and how repetition can be avoided. 

    To be clear, I am very sympathetic to Sir Wyn’s 19 recommendations today. Clearly, a number of them require careful consideration. We will respond to them promptly as some concern the ongoing delivery of Horizon redress schemes. Sir Wyn has set us a deadline of 10 October, and we will meet it. 

    The House will see that Sir Wyn has accepted that “the Post Office, the Department and Ministers continue to adhere to the aims of providing financial redress, which is full, fair and prompt”. He also concludes that the majority of people who have accepted offers under the GLO scheme “will have done so because, for them, the offer was full and fair”. That said, Sir Wyn makes some understandable criticisms – especially of the Horizon Shortfall Scheme – which we will need to study closely and address. 

    We inherited a compensation process which was widely seen as too slow, adversarial and legalistic. Well over four years after the first High Court case exposed the scandal, only 2,500 postmasters had had final settlements. 

    There were clearly significant gaps in the compensation process and many victims had not come forward. Indeed, there was no compensation scheme in place for those postmasters whose convictions had been overturned by Parliament. 

    A year ago, Government had paid £236 million in redress. We have now quadrupled that to nearly £1.1 billion. We have launched a compensation scheme for postmasters who have had their convictions overturned; the Horizon Convictions Redress Scheme and have merged Post Office’s compensation arrangements for overturned convictions into it. And through the Post Office, we have delivered a £75,000 fixed sum offer to over 4,200 postmasters who opted for it. 

    We have also launched an independent process to allow people to appeal their HSS settlements or offers. This should provide – as Sir Wyn says in his report – an “opportunity to put right any failures to deliver redress which is full and fair” for HSS victims; and begun discussions with Fujitsu on their contribution to the costs of the scandal. 

    As the House knows and as Sir Wyn’s report underlines further today, there is still a lot more to do. I know that those postmasters who have yet to agree final compensation are frustrated with the delay: so am I. 

    We have been consulting regularly with the Horizon Compensation Advisory Board and others on what more we can do to improve redress. Sir Wyn’s recommendations are very helpful in that regard. Two of his recommendations address issues which we have been already working on across government and with the Advisory Board. 

    And I can confirm that we accept Sir Wyn’s recommendation that claimants should be able to bank the best offer they get from the GLO process and should not put it at risk if they choose to go to the independent panel. 

    Secondly, we will provide redress for family members of postmasters who suffered because of the scandal. I have met the group Lost Chances for Postmaster Children who have campaigned with considerable courage on this issue. 

    Sir Wyn rightly recognises that designing a suitable compensation scheme for family members raises some very difficult issues. Nonetheless, we want to look after those family members who suffered most – meeting Sir Wyn’s recommendation that we should give – and I quote – “redress to close family members of those most adversely affected by Horizon”. 

    Given these challenges, we will now discuss the details of how a scheme should be run with claimants’ lawyers, the independent Advisory Board and the Lost Chances group. It will be open to close family members of existing Horizon claimants who themselves suffered personal injury – including psychological distress – because of their relative’s suffering. Other than in exceptional circumstances, we will need contemporaneous written evidence of that personal injury. 

    There are some fundamental lessons to be learned which Sir Wyn points to, about how compensation following wrongdoing on this scale should be delivered in future. 

    In particular, the Post Office should never have been allowed to run it. Decisions on funding should have been made much more quickly. And it should not have needed the ITV drama to stimulate action to overturn hundreds of unjust convictions. 

    We cannot now turn back the clock to fix those fundamental mistakes. We must instead address two challenges. The first is to make sure that if there is ever another terrible scandal like this one, and all of us will sincerely hope that there isn’t, that the victims do not need to bring a traumatic court case to expose it. 

    The second challenge if such another scandal happens, Government is set up to offer trusted redress from the very start. Sir Wyn argues that there should be a standing public body to deliver redress in any further scandal. I have a considerable amount of sympathy with that argument, but clearly we shall need to analyse the options fully before we commit to it. 

    We will reflect on how to address those twin challenges and will bring our conclusions back to the House. 

    Madam Deputy Speaker, we can never recompense a person properly for their freedom wrongly bring denied them. The humiliation of being wrongly accused. Of seeing your loved ones in profound distress or worse. Or recompense someone for their good reputation being taken from them. 

    I cannot assuage the anger of the victims. Nor will the anger I feel on their behalf ever be assuaged. 

    But we are determined to do more on redress and beyond and to do it quickly to give more of the victims of this appalling scandal at least a measure of the peace they so rightly deserve. 

    And I commend Sir Wyn’s report to the House.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Economics: Apple Arcade launches four new games in August

    Source: Apple

    Headline: Apple Arcade launches four new games in August

    July 8, 2025

    UPDATE

    Imagination takes center stage in Play‑Doh World, launching August 7 on Apple Arcade

    Worms Across Worlds, Let’s Go Mightycat!, and Everybody Shogi also join the service

    On August 7, Apple Arcade is adding four exclusive games to its diverse catalog of more than 200 fun games for players to enjoy, all free from ads and in-app purchases. Players can dive into Play-Doh World, where they’ll craft unique Play-Doh characters that come to life; Worms Across Worlds, an exciting addition to the long-running, cult-favorite Worms franchise; Let’s Go Mightycat!, a whimsical 3D puzzler; and Everybody Shogi, a vibrant strategy game based on the traditional Japanese board game.

    Play-Doh World by Scary Beasties
    Play-Doh brings its magic to the digital space with Play-Doh World, allowing players to craft their own characters and watch them spring to life. From inventing wild zoo animals to styling outrageous salon hairdos, every corner of this colorful universe responds to the player’s creative whim. With dozens of interactive zones, collectible special Play-Doh, and regular content updates, Play-Doh World offers creative activities and open-ended, imagination-led play — all in a safe, ad-free environment.

    Worms Across Worlds by StoryToys and Behaviour Interactive
    Worms Across Worlds is the next evolution of the award-winning series. When Professor Worminkle’s experiments threaten reality, the beloved invertebrate warriors find themselves hurtling through five wildly different dimensions. Players will chase the mad scientist across worlds in this strategic turn-based action game. Whether battling solo or organizing epic four-team multiplayer mayhem, every challenge and dimension brings players closer to stopping the professor’s path of destruction.

    Let’s Go Mightycat! by PONOS Corporation
    An everyday feline becomes an unlikely galactic hero when an all-powerful being transforms it into the universe’s most adorable conqueror. In this spinoff of hit tower defense game The Battle Cats, players can customize their heroic cat with stylish capes, rescue interstellar friends, and launch Mightycat through colorful planetary stages. With a variety of challenging puzzle stages, every tap brings players closer to the ultimate goal: bringing every planet in the cosmos under the Cat Empire’s adorable yet mighty paw.

    Everybody Shogi by AltPlus Inc.
    Everybody Shogi is a beautifully reimagined take on the traditional Japanese strategy board game. Blending colorful visuals, intuitive controls, and engaging puzzle-style stages, the game introduces shogi in a casual yet strategic way. Players can enjoy daily challenges, unlock unique piece designs, and build custom decks. With real-time matches against players worldwide and seamless crossplay across devices, Everybody Shogi invites everyone to explore the depth of shogi through fast-paced gameplay in a bright and friendly world.

    Pricing and Availability

    • Apple Arcade is available for $6.99 (U.S.) per month with a one-month free trial. Customers who purchase a new iPhone, iPad, Mac, or Apple TV receive three months of Apple Arcade for free.1
    • Apple Arcade is part of Apple One’s Individual ($19.95 U.S.), Family ($25.95 U.S.), and Premier ($37.95 U.S.) monthly plans, with a one-month free trial.2
    • Arcade Originals are playable across iPhone, iPad, Mac, Apple TV, and Apple Vision Pro. App Store Greats are available on iPhone, iPad, and Apple Vision Pro.
    • An Apple Arcade subscription gives a family of up to six unlimited access to all the games in its catalog.
    • Availability for the 200+ games across devices varies based on hardware and software compatibility. Some content may not be available in all areas.
    1. This offer is available to new subscribers only. One subscription covers one Family Sharing group. The offer is good for three months after eligible device activation. The plan automatically renews until cancelled. Restrictions and other terms apply.
    2. The Apple One free trial includes only services that are not currently used through a free trial or a subscription. The plan automatically renews after the trial until cancelled. Restrictions and other terms apply.

    Press Contacts

    Peter Nguyen

    Apple

    pete_nguyen@apple.com

    Jennifer Tam

    Apple

    jennifer_tam@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics

  • MIL-OSI Banking: Samsung Showcases Industry-Leading Hotel Technology at Hotel and Hospitality Expo Africa 2025

    Source: Samsung

     

     
    Samsung, a global leader in innovative technology solutions, took centre stage at the recent Hotel & Hospitality Expo Africa 2025, at the Cape Town International Convention Centre. As a trusted partner to the hospitality industry, Samsung presented a powerful suite of cutting-edge hotel technologies designed to elevate guest experiences and streamline hotel operations.
     
    Visitors to the Samsung exhibition stand experienced first-hand how the brand is shaping the future of smart hospitality. On display was a curated portfolio of Samsung’s premium commercial solutions tailored specifically for hotels, including:
     

    Samsung Hotel TVs – Commercial TVs built for business, and designed to offer an immersive in-room entertainment or conference experience. These advanced displays allow your guests to enjoy seamless and life-like picture quality. Explore more
    Samsung Kiosk and Connection Box – Modernise guest self-service with intuitive, secure, all-in-one solutions that simplify check-ins, payments, and more. See details
    Samsung Flip Screen – Encourage collaboration in conference or event spaces with an interactive whiteboard that brings meetings to life.
    LED Smart Signage – Find the perfect display solution for any business. Make a striking impression with high-impact indoor and outdoor LED signage, ideal for lobbies, event promotions, or wayfinding. More info | Smart Signage
    Samsung Tablets – Business-ready tablets that support operations and communication – designed to maximise productivity in the field, classroom, or office. Browse tablets

     
    Samsung’s commitment to innovation, reliability, and seamless integration positions it as a leading technology partner for the hospitality sector. From enhancing operational efficiency to delivering premium guest experiences, Samsung’s hotel solutions are trusted by hotels across South Africa and around the world.
     
    At the expo, Samsung gave visitors an opportunity to discover how technology is reshaping the hospitality landscape, making every stay smarter, safer, and more connected.
     
    For more information about Samsung’s business solutions, visit: https://www.samsung.com/za/business

    MIL OSI Global Banks

  • MIL-OSI Banking: Samsung Showcases Industry-Leading Hotel Technology at Hotel and Hospitality Expo Africa 2025

    Source: Samsung

     

     
    Samsung, a global leader in innovative technology solutions, took centre stage at the recent Hotel & Hospitality Expo Africa 2025, at the Cape Town International Convention Centre. As a trusted partner to the hospitality industry, Samsung presented a powerful suite of cutting-edge hotel technologies designed to elevate guest experiences and streamline hotel operations.
     
    Visitors to the Samsung exhibition stand experienced first-hand how the brand is shaping the future of smart hospitality. On display was a curated portfolio of Samsung’s premium commercial solutions tailored specifically for hotels, including:
     

    Samsung Hotel TVs – Commercial TVs built for business, and designed to offer an immersive in-room entertainment or conference experience. These advanced displays allow your guests to enjoy seamless and life-like picture quality. Explore more
    Samsung Kiosk and Connection Box – Modernise guest self-service with intuitive, secure, all-in-one solutions that simplify check-ins, payments, and more. See details
    Samsung Flip Screen – Encourage collaboration in conference or event spaces with an interactive whiteboard that brings meetings to life.
    LED Smart Signage – Find the perfect display solution for any business. Make a striking impression with high-impact indoor and outdoor LED signage, ideal for lobbies, event promotions, or wayfinding. More info | Smart Signage
    Samsung Tablets – Business-ready tablets that support operations and communication – designed to maximise productivity in the field, classroom, or office. Browse tablets

     
    Samsung’s commitment to innovation, reliability, and seamless integration positions it as a leading technology partner for the hospitality sector. From enhancing operational efficiency to delivering premium guest experiences, Samsung’s hotel solutions are trusted by hotels across South Africa and around the world.
     
    At the expo, Samsung gave visitors an opportunity to discover how technology is reshaping the hospitality landscape, making every stay smarter, safer, and more connected.
     
    For more information about Samsung’s business solutions, visit: https://www.samsung.com/za/business

    MIL OSI Global Banks

  • MIL-OSI: Application for delisting of SDRs from Nasdaq Stockholm

    Source: GlobeNewswire (MIL-OSI)

    The management board of Northern Horizon Capital AS submitted today, 8 July 2025, an application to Nasdaq Stockholm for the delisting of the SDRs. The application was submitted in connection with the planned delisting of SDRs from Nasdaq Stockholm (notice of termination https://view.news.eu.nasdaq.com/view?id=1354309&lang=en) in accordance with the resolution of the fund manager dated 13 February 2025.

    The last day of trading in the SDR on Nasdaq Stockholm is planned to be on 8 October 2025.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, FacebookX and YouTube.

    The MIL Network

  • MIL-OSI: Application for delisting of SDRs from Nasdaq Stockholm

    Source: GlobeNewswire (MIL-OSI)

    The management board of Northern Horizon Capital AS submitted today, 8 July 2025, an application to Nasdaq Stockholm for the delisting of the SDRs. The application was submitted in connection with the planned delisting of SDRs from Nasdaq Stockholm (notice of termination https://view.news.eu.nasdaq.com/view?id=1354309&lang=en) in accordance with the resolution of the fund manager dated 13 February 2025.

    The last day of trading in the SDR on Nasdaq Stockholm is planned to be on 8 October 2025.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, FacebookX and YouTube.

    The MIL Network

  • MIL-OSI: BluSky AI Inc. Secures First Site with 9.3MW to Launch Flagship Data Center in Central, Utah

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City Utah, July 08, 2025 (GLOBE NEWSWIRE) — BluSky AI Inc. (OTC: BSAI), (“BluSky AI” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.

    On June 30, 2025, BluSky AI entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky AI its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky AI’s long-term operations at the Milford site.

    In consideration for the power rights, BluSky AI issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.

    Simultaneously, BluSky AI executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.

    With this dual milestone, BluSky AI now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.

    “This is a foundational moment for BluSky AI,” said Trent D’Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”

    Trent D’Ambrosio
    CEO, BluSky AI Inc.
    trentdambrosio@bluskyaidatacenters.com
    www.bluskyaidatacenters.com

    About BluSky AI Inc.

    Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.

    Forward-Looking Statements:

    This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties.  Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.

    BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.

    The MIL Network

  • MIL-OSI: BluSky AI Inc. Secures First Site with 9.3MW to Launch Flagship Data Center in Central, Utah

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City Utah, July 08, 2025 (GLOBE NEWSWIRE) — BluSky AI Inc. (OTC: BSAI), (“BluSky AI” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.

    On June 30, 2025, BluSky AI entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky AI its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky AI’s long-term operations at the Milford site.

    In consideration for the power rights, BluSky AI issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.

    Simultaneously, BluSky AI executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.

    With this dual milestone, BluSky AI now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.

    “This is a foundational moment for BluSky AI,” said Trent D’Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”

    Trent D’Ambrosio
    CEO, BluSky AI Inc.
    trentdambrosio@bluskyaidatacenters.com
    www.bluskyaidatacenters.com

    About BluSky AI Inc.

    Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.

    Forward-Looking Statements:

    This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties.  Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.

    BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.

    The MIL Network

  • MIL-OSI: The world’s leading cloud mining brand: BJMining launches a new cloud mining guide

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 08, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin stabilizes above $108,000, the entire crypto market is showing a positive recovery trend. Data shows that global investors are gradually shifting from high-risk, high-volatility cryptocurrency speculation to a more sustainable, low-threshold long-term mining income model. As the world’s leading green cloud mining platform, BJMining is taking advantage of the opportunity to launch a new user guide to help ordinary users easily open a new era of passive income from digital assets.

    What is BJMining?

    Founded in 2015, BJMining is a global intelligent cloud mining platform headquartered in the UK. The platform is committed to transforming the traditional complex mining machine construction into a one-stop cloud service, and through AI scheduling system and green energy mines, it provides safe, convenient and high-yield mining solutions for more than 5 million users worldwide.

    BJMining CEO: “Turning mining into a daily income tool for people around the world”

    William Thomas, CEO of BJMining, said: “Cloud mining should no longer be exclusive to the technical elite. Our mission is to create a safe, green, barrier-free long-term income solution for users around the world. The launch of this new guide will further lower the threshold for user participation and help everyone enjoy the dividends of the digital economy.”

    Six core highlights: How BJMining redefines the “mining experience”

    • Register now to enjoy $15 cloud newcomer bonus, truly zero-cost trial mining:
      Users can get a $15 new member reward by registering. They can receive $0.6 in income every day without recharging, and easily experience the real mining process.
    • AI intelligently allocates the best-yield mining machine, no operation required:
      The AI ​​algorithm independently developed by the platform will automatically analyze the real-time currency price, difficulty, and popularity, and dynamically switch to mining assets with the best returns, covering BTC, DOGE, ETH, LTC and other currencies.
    • Global green energy layout to achieve 100% carbon neutrality:
      BJMining has deployed multiple solar- and wind-powered data centers in North America, Europe, Latin America, and the Middle East. All mining machines are powered by renewable energy, ensuring both environmental protection and high efficiency.
    • Diversified contracts can be freely configured to meet different user strategies:
      The platform contracts range from short-term contracts of 2 days to long-term contracts of 45 days, which can meet the diverse needs of miners from novices to experienced miners. Users can combine their positions at any time to optimize the mining income structure.
    • Powerful App management system, income withdrawals are instantly credited to your account:
      BJMining App is now available on both iOS and Android platforms, supporting real-time contract tracking, wallet binding and one-click withdrawal of earnings, with an average withdrawal time of less than 60 seconds.
    • High referral rewards:
      3% for direct referrals and 2% for indirect referrals, with no upper limit on earnings.

    Investor behavior changes: from cryptocurrency speculation to stable mining

    More and more long-term holders of XRP, SOL, ETH, etc. have begun to abandon high-volatility intraday operations and instead choose low-intervention, continuous-yield cloud mining platforms like BJMining as the core way to preserve and increase the value of their assets.

    User feedback shows that BJMining’s medium- and long-term contracts can bring stable returns of up to thousands of dollars per day, especially when the currency price fluctuates or goes sideways, showing strong risk resistance.

    Some of the hot-selling contracts are as follows:

    • WhatsMiner M50S+:Invest $100 for 2 days, total net income is $106;
    • WhatsMiner M60S++:Invest $600 for 7 days, total net income is $652.50;
    • Avalon Miner A1566:Invest $1200 for 15 days, total net income is $1434;
    • WhatsMiner M66S+:Invest $5800 for 30 days, total net income is $8410;
    • Antminer L7:Invest $12000 for 40 days, total net income is $20160;
    • Antminer S21e XP Hyd:Invest $27000 for 45 days, total net income is $48870;

    (All contracts are automatically scheduled by AI, settled daily, and can be flexibly withdrawn)

    Global layout upgraded again, future development blueprint exposed

    In order to serve more users, BJMining will launch the following strategic modules:

    • XRP chain-specific smart mining contracts and cross-chain mining machine adaptation technology
    • Green computing power NFT certification system, showing carbon neutrality footprint online
    • Multi-currency stable income pool, integrating DOGE, BTC, and XRP for joint mining
    • Web3 wallet one-click binding mechanism improves user on-chain asset management experience

    Conclusion:

    As a global green and compliant cloud mining brand, BJMining not only provides new users with a $15 new user bonus, but also opens a new path to financial freedom for everyone in the world. No equipment, no professional knowledge, no need to deal with the drastic fluctuations in the currency market, truly realizing “passive income in the cloud”.

    Register a BJMining account now, receive a $15 new member reward, and start your own mining journey!

    Official website address: https://bjmining.com
    Official email: info@bjmining.com

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

    The MIL Network

  • MIL-OSI: Solomon Partners Hires Jonathan Hemmert as a Partner to Build a Dedicated Professional Services Group

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Solomon Partners, a leading financial advisory firm and independent affiliate of Natixis, today announced that Jonathan Hemmert joined the firm as a Partner in its newly formed Professional Services Group. With over 20 years of experience, Mr. Hemmert brings deep expertise to Solomon. In this role, he will serve clients within the Professional Services space, focusing on Human Capital businesses, including specialized broker-dealers and consulting firms.

    Previously, Mr. Hemmert was a Managing Director at Keefe, Bruyette & Woods (KBW), where he led the firm’s efforts across the broker-dealer and specialty advisory space. His notable transaction experience includes the sale of Battea-Class Action Services to SS&C Technologies, Aviditi Advisors to Piper Sandler, Triago to Houlihan Lokey, CRC-IB by CohnReznick to Canaccord Genuity, DBO Partners to Piper Sandler, Capstone Partners to Mizuho, and DH Capital to Citizens Financial. Mr. Hemmert graduated summa cum laude with a BA from Bucknell University.

    “Jonathan has an exceptional track record of advising clients across the Professional Services landscape,” said Marc Cooper, CEO of Solomon Partners. “His deep industry expertise and commitment to clients make him a perfect addition to our growing team.”

    “I look forward to joining Solomon’s growth-oriented platform. The firm’s entrepreneurial and client-centric culture will resonate with the core client base across the Professional Services and Human Capital sectors,” Mr. Hemmert commented. “The professional services landscape is evolving fast. The influx of institutional capital is going to accelerate and broaden the scope of M&A activity, and we will continue to be at the forefront of this marketplace.”

    About Solomon Partners

    Solomon Partners is a leading investment bank – one of the first independent firms in the industry. We maximize shareholder value for our clients through our unmatched expertise and experience. We advise on mergers & acquisitions, restructurings and capital solutions across a range of sectors including Business Services; Consumer Retail; Distribution; Financial Institutions; Financial Sponsors; Fintech; Grocery, Pharmacy & Restaurants; Healthcare; Industrials; Infrastructure, Power & Renewables; Media & Entertainment; Professional Services; and Technology. Solomon Partners is an independently operated affiliate of Natixis, part of Groupe BPCE. For further information, visit solomonpartners.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b7fcbf4-e248-4cd0-8a69-d4df798c7ffc

    The MIL Network

  • MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).

    Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”

    Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies

    • Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
    • Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
    • Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile

    Oncolytics Biotech ® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.

    “We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”

    Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…

    …Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.

    “Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/

    Other recent oncology developments in the biotech industry of note include:

    Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).

    The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.

    Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.

    “The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”

    Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.

    “We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”

    AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).

    The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.

    In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.

    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. #pressreleases #tickertagpressreleases

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

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

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

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

    Contact Information:

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

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).

    Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”

    Oncolytics Biotech®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies

    • Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
    • Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
    • Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile

    Oncolytics Biotech ® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.

    “We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”

    Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…

    …Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.

    “Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/

    Other recent oncology developments in the biotech industry of note include:

    Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).

    The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.

    Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.

    “The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”

    Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.

    “We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”

    AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).

    The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.

    In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.

    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. #pressreleases #tickertagpressreleases

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

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

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    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 was compensated forty nine hundred dollars for news coverage of the current press releases issued by Oncolytics Biotech® Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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

    Contact Information:

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

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Xsolis’ AI-Driven Solution, New Features Evaluated in KLAS Second Look Report

    Source: GlobeNewswire (MIL-OSI)

    FRANKLIN, Tenn., July 08, 2025 (GLOBE NEWSWIRE) — Xsolis, an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers, was featured today in the KLAS Second Look Report, “Xsolis Platform 2025: Improving Utilization Management, Length of Stay & Denial Performance Through AI-Driven Offerings in the Mid-Revenue Cycle.” The KLAS Second Look Report focuses on how the customer experience has changed over the past four years, including as a result of enhancements made available within Dragonfly, the next generation of the company’s AI-driven platform.

    KLAS is an independent research organization that helps healthcare providers make informed technology decisions by offering accurate, honest, and impartial vendor performance information. KLAS interviewed Xsolis clients in early 2025 for a second look, and reports the following anonymized key findings:

    • Respondents report satisfaction within the Key Performance Indicators:
      • Supports integration goals
      • Product has needed functionality (delivers solutions as expected)
      • Executive involvement
      • Likely to recommend
    • 89% of KLAS-surveyed customers report using Xsolis’ AI technology to minimize preventable denials
    • 91% of respondents say they are Satisfied or Highly Satisfied with Overall Performance
    • 88% of respondents say they saw outcomes Immediately, Within 6 Months, or Within 6-12 Months
    • 78% engage in payer-provider communications through the Dragonfly platform
    • Respondents who have been on Xsolis’ AI-driven platform for more than one year report excitement about new updates and functionalities that are being offered as a result of Dragonfly
    • Respondents report the top reasons they selected the Xsolis platform as: advanced AI technology, excellent customer service, seamless EHR integration, and positive references
    • Respondents say the Xsolis platform has reduced the length of patient stays, saved on costs, and improved observation rates and denials rates

    “What has changed with our most recent KLAS survey effort is our expanded footprint and the problems Xsolis solves, including optimizing length-of-stay and increasing payer-provider collaboration, which have been critical in bringing relief to our clients,” said Joan Butters, CEO and co-founder of Xsolis. “As we enhance our solutions to deliver frictionless healthcare in meaningful, new ways for our clients, it is both validating and informative to learn their feedback as we continue to meet their evolving needs.”

    A Kaiser Family Foundation survey from 2023 revealed claims denials are up, with nearly one in five adults experiencing health insurance claim denials in the previous year. Adjudicating denials costs just under $20 billion a year, and around half of denials are ultimately overturned — a costly problem that can be improved with tools that accelerate payer-provider alignment. Late 2024 marked an inflection point for payer-provider friction and how it affects the patient experience, accelerating the need for transparency and reform.

    Xsolis was featured in a KLAS Top 20 Emerging Solutions Report and as one of the top five solutions for reducing the cost of care in 2022 and was listed in 2025 as No. 1 Best in KLAS for Physician Advisory Services for the fourth year. A payer client’s and provider client’s use of Xsolis’ shared platform was recognized in a 2023 KLAS Points of Light Case Study, which highlights successful payer-provider initiatives that lead to an improved patient experience.

    As a pioneer in the practical, effective application of AI in healthcare, Xsolis has been helping its clients make more informed medical necessity decisions during utilization reviews since 2013. Dragonfly represents the next generation of the company’s AI-driven platform and was launched in late 2024. The platform is powered by Predictive AI models, offers new Generative AI tools, and can be augmented with advanced analytic packages such as Navigate to reduce length of stay or Revenue Integrity Insights. Xsolis also offers Denials Management Services and Physician Advisory Services. To date, Xsolis’ solutions are used in more than 500 hospitals nationwide, with two-thirds having shared AI platform access with their networked health plans.

    To learn more about Xsolis, please visit: www.xsolis.com

    Download the KLAS Second Look Report here: https://www.xsolis.com/2025-klas-second-look-report/

    KLAS subscribers can access the report here: https://klasresearch.com/report/xsolis-platform-2025-improving-utilization-management-length-of-stay-and-denial-performance-through-ai-driven-offerings-in-the-mid-revenue-cycle/3746

    About Xsolis
    Xsolis is an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers. Dragonfly®, its AI-driven proprietary platform, is the first and only solution to use real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient, enabling more efficiency across the healthcare system. Xsolis is headquartered in Franklin, Tennessee. For more information, visit www.xsolis.com.

    About KLAS
    KLAS is a research and insights firm on a global mission to improve healthcare. Working with thousands of healthcare professionals and clinicians, KLAS gathers data and insights on software and services to deliver timely reports and performance data that represent provider and payer voices and act as catalysts for improving vendor performance. The KLAS research team publishes reports covering the most pressing questions facing healthcare technology today, including emerging technology insights, that provide early insights on the future of healthcare technology solutions. KLAS also fosters measurement and collaboration between healthcare providers and payers and best practice adoption. Learn more at klasresearch.com.

    The MIL Network

  • MIL-OSI: Blue Mantis to Empower Massachusetts Agencies with Advanced Cybersecurity Preparedness

    Source: GlobeNewswire (MIL-OSI)

    PORTSMOUTH, N.H., July 08, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity and cloud solutions, today announced that it has been selected as a preferred vendor by the Commonwealth of Massachusetts to deliver Cyber Incident Response Plan (IRP) and Tabletop Exercise (TTX) services to state agencies as part of the State and Local Cybersecurity Grant Program. This federal grant program enables Blue Mantis to further its commitment to strengthening the Commonwealth’s overall cybersecurity posture at the state and local level.

    Empowering State Agencies to Build Resilience Against Cyber Threats
    With the growing sophistication and frequency of cyberattacks, state agencies face mounting pressure to safeguard sensitive data, maintain critical operations, and demonstrate compliance with evolving statutes and regulations. The Blue Mantis IRP and TTX program provides Massachusetts agencies with comprehensive, scalable, and actionable solutions for incident response planning and cyber readiness.

    Through this contract, agencies can access:

    • Custom-Tailored Cyber Incident Response Plans (IRPs): Developed in alignment with industry best practices (NIST, CISA), these plans provide clear protocols, role assignments, and communication strategies, ensuring agencies are equipped to respond effectively to cyber incidents.
    • Scenario-Based Tabletop Exercises (TTXs): Interactive exercises based on the MITRE ATT&CK® framework allow agencies to test and validate their incident response plans, uncover potential gaps, and enhance cross-team coordination.
    • Proven Methodologies and Expertise: Drawing on over 30 years of experience supporting public sector and enterprise organizations, Blue Mantis combines deep technical expertise with a collaborative, customer-first approach that prioritizes measurable outcomes.
    • Accelerated Service Delivery: With the capacity to support multiple agencies simultaneously and a streamlined engagement lifecycle, Blue Mantis ensures agencies receive timely, high-quality support tailored to their unique operational environments.
    • Alignment with Compliance and Security Standards: All services are designed to meet or exceed the Commonwealth’s information security policies, accessibility standards, and regulatory requirements.

    A Partnership Built on Experience and Results
    This initiative is supported by Blue Mantis’ partnership with the Executive Office of Technology Services & Security (EOTSS). Together, these organizations are ensuring that Commonwealth agencies have access to best-in-class cybersecurity services, driving greater resiliency and preparedness across the public sector.

    “Cybersecurity is a team sport, and protecting the Commonwealth’s agencies requires public-private collaboration, expertise, and unwavering commitment,” said Josh Dinneen, CEO of Blue Mantis. “Thanks to our partnership with EOTSS, Blue Mantis is uniquely positioned to help state agencies anticipate, withstand, and recover from cyber threats. Our IRP and TTX services empower agencies to achieve new levels of resilience, compliance, and confidence as they serve the people of Massachusetts.”

    Contract Highlights:

    • Statewide Availability: The contract streamlines procurement, allowing all Commonwealth agencies to quickly and cost-effectively access Blue Mantis IRP and TTX services.
    • Scalable Engagements: Blue Mantis supports projects of all sizes, from individual departments to enterprise-wide initiatives, delivering consistent quality and measurable improvements.
    • Track Record of Success: Blue Mantis brings a history of successful engagements with municipalities and public sector organizations across Massachusetts and beyond, helping clients respond to and recover from real-world cybersecurity incidents.
    • Strategic Advocacy: Partnership with EOTSS ensures alignment with the Commonwealth’s overarching cybersecurity objectives and priorities.

    For more information about Blue Mantis’ cybersecurity services and the IRP/TTX program, visit www.bluemantis.com.

    About Blue Mantis
    Blue Mantis is a security-first IT solutions and services provider with a 30+ year history of successfully helping clients achieve business modernization by applying next-generation technologies including managed services, cybersecurity, cloud and collaboration. Headquartered in Portsmouth, New Hampshire, with offices in Charlestown, Massachusetts, the company provides digital technology services and strategic guidance to ensure clients quickly adapt and grow through automation and innovation. Blue Mantis partners with more than 1,500 leading mid-market and enterprise organizations in a multitude of vertical industries and is backed by leading private equity firm, Recognize. For more information, please visit www.bluemantis.com.

    Inquiries:
    David Knox
    Director of Public Sector
    Blue Mantis
    david.knox@bluemantis.com
    (781) 987-2013

    The MIL Network

  • MIL-OSI: Blue Mantis to Empower Massachusetts Agencies with Advanced Cybersecurity Preparedness

    Source: GlobeNewswire (MIL-OSI)

    PORTSMOUTH, N.H., July 08, 2025 (GLOBE NEWSWIRE) — Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity and cloud solutions, today announced that it has been selected as a preferred vendor by the Commonwealth of Massachusetts to deliver Cyber Incident Response Plan (IRP) and Tabletop Exercise (TTX) services to state agencies as part of the State and Local Cybersecurity Grant Program. This federal grant program enables Blue Mantis to further its commitment to strengthening the Commonwealth’s overall cybersecurity posture at the state and local level.

    Empowering State Agencies to Build Resilience Against Cyber Threats
    With the growing sophistication and frequency of cyberattacks, state agencies face mounting pressure to safeguard sensitive data, maintain critical operations, and demonstrate compliance with evolving statutes and regulations. The Blue Mantis IRP and TTX program provides Massachusetts agencies with comprehensive, scalable, and actionable solutions for incident response planning and cyber readiness.

    Through this contract, agencies can access:

    • Custom-Tailored Cyber Incident Response Plans (IRPs): Developed in alignment with industry best practices (NIST, CISA), these plans provide clear protocols, role assignments, and communication strategies, ensuring agencies are equipped to respond effectively to cyber incidents.
    • Scenario-Based Tabletop Exercises (TTXs): Interactive exercises based on the MITRE ATT&CK® framework allow agencies to test and validate their incident response plans, uncover potential gaps, and enhance cross-team coordination.
    • Proven Methodologies and Expertise: Drawing on over 30 years of experience supporting public sector and enterprise organizations, Blue Mantis combines deep technical expertise with a collaborative, customer-first approach that prioritizes measurable outcomes.
    • Accelerated Service Delivery: With the capacity to support multiple agencies simultaneously and a streamlined engagement lifecycle, Blue Mantis ensures agencies receive timely, high-quality support tailored to their unique operational environments.
    • Alignment with Compliance and Security Standards: All services are designed to meet or exceed the Commonwealth’s information security policies, accessibility standards, and regulatory requirements.

    A Partnership Built on Experience and Results
    This initiative is supported by Blue Mantis’ partnership with the Executive Office of Technology Services & Security (EOTSS). Together, these organizations are ensuring that Commonwealth agencies have access to best-in-class cybersecurity services, driving greater resiliency and preparedness across the public sector.

    “Cybersecurity is a team sport, and protecting the Commonwealth’s agencies requires public-private collaboration, expertise, and unwavering commitment,” said Josh Dinneen, CEO of Blue Mantis. “Thanks to our partnership with EOTSS, Blue Mantis is uniquely positioned to help state agencies anticipate, withstand, and recover from cyber threats. Our IRP and TTX services empower agencies to achieve new levels of resilience, compliance, and confidence as they serve the people of Massachusetts.”

    Contract Highlights:

    • Statewide Availability: The contract streamlines procurement, allowing all Commonwealth agencies to quickly and cost-effectively access Blue Mantis IRP and TTX services.
    • Scalable Engagements: Blue Mantis supports projects of all sizes, from individual departments to enterprise-wide initiatives, delivering consistent quality and measurable improvements.
    • Track Record of Success: Blue Mantis brings a history of successful engagements with municipalities and public sector organizations across Massachusetts and beyond, helping clients respond to and recover from real-world cybersecurity incidents.
    • Strategic Advocacy: Partnership with EOTSS ensures alignment with the Commonwealth’s overarching cybersecurity objectives and priorities.

    For more information about Blue Mantis’ cybersecurity services and the IRP/TTX program, visit www.bluemantis.com.

    About Blue Mantis
    Blue Mantis is a security-first IT solutions and services provider with a 30+ year history of successfully helping clients achieve business modernization by applying next-generation technologies including managed services, cybersecurity, cloud and collaboration. Headquartered in Portsmouth, New Hampshire, with offices in Charlestown, Massachusetts, the company provides digital technology services and strategic guidance to ensure clients quickly adapt and grow through automation and innovation. Blue Mantis partners with more than 1,500 leading mid-market and enterprise organizations in a multitude of vertical industries and is backed by leading private equity firm, Recognize. For more information, please visit www.bluemantis.com.

    Inquiries:
    David Knox
    Director of Public Sector
    Blue Mantis
    david.knox@bluemantis.com
    (781) 987-2013

    The MIL Network

  • MIL-OSI: Zenolabs.AI CEO Rohan Sharma Launches First-of-its-Kind Equitable AI Trust Index and Releases Springer Book AI and the Boardroom

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, July 08, 2025 (GLOBE NEWSWIRE) — Amid growing concerns around AI transparency, fairness, and societal impact, Zenolabs.AI CEO Rohan Sharma today launched the Equitable AI Trust Index™—the first public framework scoring AI systems on democratic legitimacy, transparency, and civic accountability. The release aligns with Sharma’s Springer Nature book, AI and the Boardroom, recently featured in Directors Today.

    “Boards and policymakers urgently need a single, clear lens on AI risk,” Sharma said. “Our Index integrates NIST, OECD, and EU AI Act standards into a transparent, easy-to-use scoring system. For the first time, stakeholders gain immediate visibility into where algorithms are accountable—or critically falling short.”

    Why It Matters
    Recent surveys reveal 46% of users distrust AI and 64% of firms lack visibility into model risk. With the EU AI Act’s enforcement deadlines approaching in 2026, the Equitable AI Trust Index™ equips organizations with policy-ready tools to meet stringent transparency and accountability requirements, critical for responsible scaling across enterprises, cities, and governments.

    How the Index Works
    The Index offers a clear, actionable framework for assessing AI fairness and accountability:

    • Public Trust Metric: first-of-its-kind score measuring community trust in AI through public input.
    • Proactive Risk Alerts: real-time insights to ensure compliance with global standards, months ahead of deadlines.
    • Fairness Focus: prioritizes equity for underserved communities and public services.
    • Policy-Ready Reports: instantly generate EU AI Act, NIST, and OECD-aligned audit reports.

    About Rohan Sharma
    Sharma has led AI, data and digital programs at Apple, Disney and Thermo Fisher Scientific. A recognized authority on AI governance, Sharma advises Stanford Seed and UCLA Anderson, contributes regularly to Forbes and the World Economic Forum, and serves on advisory councils including Harvard Business Review and Frost C Sullivan. His TEDx Yale talk and peer-reviewed chapters on AI governance and ethics have reached global audiences from Hollywood to Washington, D.C.

    Equitable AI Trust Index™: Analysis of Major AI Models
    The first comprehensive assessment of leading AI models using the 11-point Index reveals a democratic-legitimacy crisis in AI governance:

    Key Findings
    Our analysis reveals a democratic legitimacy crisis in AI governance, with only 20% of leading models meeting exemplary civic trust standards.

    • 20%: of leading models meet exemplary civic trust standards
    • 59-point: governance gap between best and worst performing models
    • 90.9/100: highest overall trust score (Anthropic Claude)
    • 39.4/100: lowest overall trust score (OpenAI ChatGPT)

    Availability

    • AI and the Boardroom (ISBN 979-8-8688-0796-1) — available worldwide through Springer Nature and Amazon.

    Media Contact
    press@zenolabs.ai | +1 323 236 8723

    Press kit (headshot, logos, Index score chart): https://trustworthyaiindex.org/methodology

    Boilerplate
    The Equitable AI Trust Index™ is a public-good initiative maintained by Zenolabs.AI, created to make algorithmic trust measurable, transparent, and comparable. Zenolabs.AI is a venture studio dedicated to advancing responsible AI governance and public accountability.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b8acf08c-6b63-4c8d-af43-2e60e7cd6b63

    The MIL Network

  • MIL-OSI: Bitcoin Acquisitions Booming as Companies Tap into Coinbase Credit Facilities Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase’s total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year.  Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings.  Overall, Coinbase’s strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase’s strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment.   Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).

    Through Coinbase’s tailored lending solutions, companies can access secure, short-term credit lines to fund timely Bitcoin purchases without needing to liquidate other assets or disrupt existing capital structures. This development reflects the broader institutional adoption of digital assets and highlights the role Coinbase plays in enabling secure and compliant access to the crypto economy. While some individual company names remain confidential at this time, Coinbase confirmed that clients span industries such as fintech, digital infrastructure, and alternative investment management and include the likes of Hut8 and Riot Platforms. These firms are leveraging the platform’s lending solutions alongside Coinbase Prime’s execution and custody services for a seamless experience. Coinbase’s institutional-grade offerings continue to attract a wide range of corporate treasuries and asset managers seeking robust security, liquidity, and integrated services in one trusted platform. The credit facility product complements Coinbase’s broader mission to increase economic freedom and redefine how businesses interact with financial infrastructure.

    KULR Technology Group, Inc. (NYSE American: KULR) Group Announces $20 Million Credit Facility with Coinbase KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN).

    The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility (“Effective Date”). The Company intends to use the net proceeds to fund its strategic Bitcoin accumulation goals.

    “This marks KULR’s first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate,” said Michael Mo, CEO of KULR. “It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth strategies to drive shareholder value.”

    In 2024, KULR selected Coinbase’s Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin holdings. At present, eight of the ten largest publicly traded companies with bitcoin on their balance sheets utilize Coinbase Prime for similar services.

    Amounts borrowed under the credit facility will be secured by a portion of the Company’s total bitcoin holdings. CONTINUED…   Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/

    In other developments in the markets of note:

    Coinbase Global, Inc. (NASDAQ: COIN) recently announced it is acquiring Liquifi, the leading token management platform for early-stage teams building onchain. Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey. This strategic move propels us in our journey to deliver a truly integrated one-stop-shop experience for businesses building onchain.

    Today, we’re taking a big step towards offering an end-to-end solution for onchain builders by acquiring Liquifi, the go-to platform for managing token ownership, vesting schedules, and compliance workflows. Teams like Uniswap Foundation, OP Labs (Optimism), Ethena, Zora, and 0x already rely on Liquifi to launch and manage their tokens, and we’re excited to help scale these operations even further.

    Hut 8 Corp. (NASDAQ: HUT) recently announced that its subsidiary has entered into a Third Amended and Restated Credit Agreement with Coinbase Credit, Inc. (“Coinbase”) to amend and expand its Bitcoin-backed credit facility from $65 million to up to $130 million and extend the maturity date to July 16, 2026.   The amended facility reflects significant improvements in both economic and structural terms, including:

    Up to $65 million in incremental, non-dilutive capital that positions Hut 8 to deploy capital against near-term opportunities advancing through its growth pipeline; Conversion from a floating-rate structure to a fixed interest rate of 9.0% designed to improve Hut 8’s overall cost of capital as it scales, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; and Collateral and borrower protections including an improved limited recourse structure and continued application of a no-rehypothecation covenant on pledged Bitcoin.

    Riot Platforms, Inc. (NASDAQ: RIOT) recently announced the hiring of Jonathan Gibbs as Chief Data Center Officer (“CDCO”) to lead the development of Riot’s data center platform. In this role, Jonathan will lead the strategic development and operations of this new platform, which will focus on building and operating state-of-the-art data centers specifically tailored to serve hyperscale and enterprise tenants.

    The creation of this new data center platform furthers Riot’s strategy to maximize the value of its assets by expanding into the development of non-bitcoin-related data centers, which diversifies the Company’s revenues, enhances Riot’s ability to generate long-term cash returns for investors and strengthens its capabilities to contract with the world’s leading technology companies. This additional platform will build on the success of Riot’s vertically-integrated strategy of utilizing bitcoin mining at scale to create significant value across its land and power portfolio and positions the Company to capitalize on the upsurge in demand for digital infrastructure driven by the growing need for cloud computing, AI and other compute-intensive applications.

    Robinhood Markets, Inc. (NASDAQ: HOOD) recently reported select monthly operating data for May 2025. Funded Customers at the end of May were 25.9 million (up about 5 thousand from April 2025, up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.

    Total Platform Assets at the end of May were $255 billion (up 10% from April 2025, up 89% year-over-year). Net Deposits were $3.5 billion in May, or a 18% annualized growth rate relative to April 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $59.1 billion, or an annual growth rate of 44% relative to May 2024 Total Platform Assets.

    Equity Notional Trading Volumes were $180.5 billion (up 14% from April 2025, up 108% year-over-year). Options Contracts Traded were 179.8 million (up 7% from April 2025, up 36% year-over-year). Crypto Notional Trading Volumes were $11.7 billion (up 36% from April 2025, up 65% year-over-year).   Margin balances at the end of May were $9.0 billion (up 7% from the end of April 2025, up 100% year-over-year).   Total Cash Sweep balances at the end of May were $30.8 billion (up 7% from the end of April 2025, up 52% year-over-year).   Total Securities Lending Revenue in May was $33 million (up 32% from April 2025, up 43% year-over-year).

    About FN Media Group:

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

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

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

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    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 was compensated forty two hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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

    Contact Information:

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

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Bitcoin Acquisitions Booming as Companies Tap into Coinbase Credit Facilities Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase’s total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year.  Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings.  Overall, Coinbase’s strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase’s strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment.   Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).

    Through Coinbase’s tailored lending solutions, companies can access secure, short-term credit lines to fund timely Bitcoin purchases without needing to liquidate other assets or disrupt existing capital structures. This development reflects the broader institutional adoption of digital assets and highlights the role Coinbase plays in enabling secure and compliant access to the crypto economy. While some individual company names remain confidential at this time, Coinbase confirmed that clients span industries such as fintech, digital infrastructure, and alternative investment management and include the likes of Hut8 and Riot Platforms. These firms are leveraging the platform’s lending solutions alongside Coinbase Prime’s execution and custody services for a seamless experience. Coinbase’s institutional-grade offerings continue to attract a wide range of corporate treasuries and asset managers seeking robust security, liquidity, and integrated services in one trusted platform. The credit facility product complements Coinbase’s broader mission to increase economic freedom and redefine how businesses interact with financial infrastructure.

    KULR Technology Group, Inc. (NYSE American: KULR) Group Announces $20 Million Credit Facility with Coinbase KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN).

    The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility (“Effective Date”). The Company intends to use the net proceeds to fund its strategic Bitcoin accumulation goals.

    “This marks KULR’s first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate,” said Michael Mo, CEO of KULR. “It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth strategies to drive shareholder value.”

    In 2024, KULR selected Coinbase’s Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin holdings. At present, eight of the ten largest publicly traded companies with bitcoin on their balance sheets utilize Coinbase Prime for similar services.

    Amounts borrowed under the credit facility will be secured by a portion of the Company’s total bitcoin holdings. CONTINUED…   Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/

    In other developments in the markets of note:

    Coinbase Global, Inc. (NASDAQ: COIN) recently announced it is acquiring Liquifi, the leading token management platform for early-stage teams building onchain. Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey. This strategic move propels us in our journey to deliver a truly integrated one-stop-shop experience for businesses building onchain.

    Today, we’re taking a big step towards offering an end-to-end solution for onchain builders by acquiring Liquifi, the go-to platform for managing token ownership, vesting schedules, and compliance workflows. Teams like Uniswap Foundation, OP Labs (Optimism), Ethena, Zora, and 0x already rely on Liquifi to launch and manage their tokens, and we’re excited to help scale these operations even further.

    Hut 8 Corp. (NASDAQ: HUT) recently announced that its subsidiary has entered into a Third Amended and Restated Credit Agreement with Coinbase Credit, Inc. (“Coinbase”) to amend and expand its Bitcoin-backed credit facility from $65 million to up to $130 million and extend the maturity date to July 16, 2026.   The amended facility reflects significant improvements in both economic and structural terms, including:

    Up to $65 million in incremental, non-dilutive capital that positions Hut 8 to deploy capital against near-term opportunities advancing through its growth pipeline; Conversion from a floating-rate structure to a fixed interest rate of 9.0% designed to improve Hut 8’s overall cost of capital as it scales, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; and Collateral and borrower protections including an improved limited recourse structure and continued application of a no-rehypothecation covenant on pledged Bitcoin.

    Riot Platforms, Inc. (NASDAQ: RIOT) recently announced the hiring of Jonathan Gibbs as Chief Data Center Officer (“CDCO”) to lead the development of Riot’s data center platform. In this role, Jonathan will lead the strategic development and operations of this new platform, which will focus on building and operating state-of-the-art data centers specifically tailored to serve hyperscale and enterprise tenants.

    The creation of this new data center platform furthers Riot’s strategy to maximize the value of its assets by expanding into the development of non-bitcoin-related data centers, which diversifies the Company’s revenues, enhances Riot’s ability to generate long-term cash returns for investors and strengthens its capabilities to contract with the world’s leading technology companies. This additional platform will build on the success of Riot’s vertically-integrated strategy of utilizing bitcoin mining at scale to create significant value across its land and power portfolio and positions the Company to capitalize on the upsurge in demand for digital infrastructure driven by the growing need for cloud computing, AI and other compute-intensive applications.

    Robinhood Markets, Inc. (NASDAQ: HOOD) recently reported select monthly operating data for May 2025. Funded Customers at the end of May were 25.9 million (up about 5 thousand from April 2025, up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.

    Total Platform Assets at the end of May were $255 billion (up 10% from April 2025, up 89% year-over-year). Net Deposits were $3.5 billion in May, or a 18% annualized growth rate relative to April 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $59.1 billion, or an annual growth rate of 44% relative to May 2024 Total Platform Assets.

    Equity Notional Trading Volumes were $180.5 billion (up 14% from April 2025, up 108% year-over-year). Options Contracts Traded were 179.8 million (up 7% from April 2025, up 36% year-over-year). Crypto Notional Trading Volumes were $11.7 billion (up 36% from April 2025, up 65% year-over-year).   Margin balances at the end of May were $9.0 billion (up 7% from the end of April 2025, up 100% year-over-year).   Total Cash Sweep balances at the end of May were $30.8 billion (up 7% from the end of April 2025, up 52% year-over-year).   Total Securities Lending Revenue in May was $33 million (up 32% from April 2025, up 43% year-over-year).

    About FN Media Group:

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

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

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

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    The MIL Network

  • MIL-OSI: NANO Nuclear Signs a Memorandum of Understanding with UrAmerica Ltd. to Help Modernize and Develop Argentina’s Nuclear Fuel Supply Chain

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., July 08, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has signed a Memorandum of Understanding (MOU) with UrAmerica Ltd., a private exploration company with a package of uranium and other critical metals licenses primarily in Chubut Province, Argentina.

    The newly signed MOU formalizes the discussions that NANO Nuclear initiated with UrAmerica to explore strategic development across Argentina’s uranium-fuel supply chain. Both companies are now working to evaluate specific opportunities, ranging from mining and conversion to UF₆ feedstock supply, that could aid NANO Nuclear in securing a dependable source of material for future supply chain options. Such evaluations may lead to the signing of definitive agreements between NANO Nuclear and UrAmerica related to particular projects.

    Argentina has one of the largest uranium repositories in the world and its government is currently looking into the privatization of their nuclear energy sector, enabling innovators like NANO Nuclear to invest and support the development of the nuclear energy infrastructure in the country. Through this MOU, NANO Nuclear and UrAmerica aim to build the mining and milling capacities of the uranium supply chain in Argentina with the intention to be a part of the uranium fuel cycle exports into the U.S.

    Under the MOU, the companies will pursue (i) favorable uranium offtake agreements, (ii) potential investments in mineral production and (iii) fuel-cycle infrastructure, and (iv) future joint ventures or related collaboration. One of NANO Nuclear’s goals in entering into the MOU is to help modernize Argentina’s nuclear sector while strengthening U.S. energy security by sourcing materials for nuclear fuel from a reliable partner.

    Figure 1 – NANO Nuclear Signs Memorandum of Understanding with UrAmerica Ltd., to explore strategic development across the uranium-fuel supply chain in Argentina

    “We are pleased to formalize our discussions with UrAmerica through this MOU as we seek to further extend NANO Nuclear’s international footprint,” said Jay Yu, Founder and Chairman of NANO Nuclear. “By collaborating with UrAmerica, we aim to position Argentina as a regional center for nuclear technology and a reliable supply-chain partner for the United States, strengthening the country’s existing infrastructure while advancing our shared goals.”

    “Argentina holds substantial deposits of strategic metals, like uranium, that could be a strategic supplier to us in the future,” said James Walker, Chief Executive Officer of NANO Nuclear. “The timing is also favorable, as the Argentine government is actively looking to reform its nuclear sector to attract international investment. We look forward to advancing our discussions and exploring future opportunities in South America.”

    “This Memorandum of Understanding with NANO Nuclear marks a pivotal step forward in unlocking the vast potential of Argentina’s uranium resources, aligning perfectly with UrAmerica’s mission to drive sustainable and secure critical mineral supply chains,” said Omar Adra, Executive Director & CEO of UrAmerica Ltd. and President of UrAmerica Argentina S.A. “Our extensive licenses package in the San Jorge Basin holds world-class uranium deposits, and through this collaboration, we aim to not only meet the growing global demand for nuclear fuel but also position Argentina as a key strategic partner for the United States in energy security. By leveraging UrAmerica’s expertise in mineral exploration and NANO Nuclear’s advanced nuclear technology and expertise, we are hopeful that this collaboration will catalyze investments in mining, milling, and fuel cycle development, delivering long-term economic benefits for Argentina while supporting the U.S. in diversifying its nuclear supply chain away from geopolitical risks.”

    About UrAmerica Ltd.

    UrAmerica is a private critical metals exploration company with a focus on uranium and other critical metals (e.g., lithium, rare earths, molybdenum, and vanadium) operating primarily in Chubut Province, Argentina. UrAmerica, through its subsidiary UrAmerica Argentina S.A., fully owns licenses of uranium repositories in the San Jorge Basin.

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

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

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “future,” “seek,” “expects”, “anticipates”, “intends”, “plans”, “goal,” “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements relate to the anticipated benefits to NANO Nuclear of the MOU described herein, as well as the future plans and goals of NANO Nuclear and UrAmerica as described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other nuclear technology or capabilities in the timelines we anticipate, if ever (including in collaboration with UrAmerica as described herein), (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network

  • MIL-OSI: Jackery Offers Its Biggest Deals of the Year for Amazon Prime Day 2025

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., July 08, 2025 (GLOBE NEWSWIRE) — Jackery, a global leader in innovative solar generators and green off-grid energy solutions, is turning up the heat this summer with its biggest savings of the year during Amazon Prime Day. From July 8-11, shoppers can score nearly 65% off Jackery’s best-selling portable power stations and solar generator bundles—perfect for summer camping trips, outdoor get-togethers, and emergency backup needs.

    Whether you’re planning summer adventures or preparing for power outages, these Prime Day deals offer unbeatable value on reliable, clean energy solutions.

    Best selling Jackery solar generators that will be available up to 65% off include:

    • Jackery Solar Generator HomePower 3000
      • The Best Advanced Essential Home Backup
        • Power a fridge for up to 2 days (or more with solar panels)
        • 3072Wh Capacity, 3600W Output
        • 10+ Years Lifespan
        • Smallest, Lightest 3kWh LFP Portable Power Station
      • 3+2 Year Warranty
    • Jackery Solar Generator 2000 v2
      • The Best Entry-level Essential Home Backup
        • Essential Device: Powers a fan for up to 2 Days (or more with solar panels).
        • 2042Wh Capacity, 2200W Output
        • 10+ Years Lifespan
        • The Smallest and Lightest 2 kWh LFP Portable Power Station.
        • 1.7-hour Emergency Super Charge
    • Jackery Solar Generator 1000 v2
      • The Best Value for Essential Home Backup
        • Essential Device: Powers a Wi-fi router for up to 4 days (or more with solar panels)
        • 1070Wh Capacity, 1500W Output
        • 10+ Years Lifespan
        • The Smallest and Lightest 1 kWh LFP Portable Power Station
        • 1 hour Emergency Super Charge
    • Jackery Explorer 300 Plus
      • Best Mobile Device Essential Backup
        • Essential Device: Charges your iPhone 16 times (or more with solar panels)
        • 293Wh Capacity, 300W Output
        • 10+ Years Lifespan
        • Lightweight and Stylish
        • Supports 6 smart devices at once

    More deals and bundles will be available exclusively on Jackery’s Amazon Storefront and on Jackery.com.

    Jackery has established itself as the trusted choice for portable power, with over 3 million units sold worldwide. The company’s products feature industry-leading lithium iron phosphate (LiFePO4) battery technology, providing over 4,000 charge cycles and a 10-year lifespan. All Jackery power stations are backed by comprehensive warranties and 24/7 customer support.

    The brand’s commitment to sustainability extends beyond products, with initiatives supporting renewable energy adoption and environmental conservation. Jackery’s solar generators provide clean, quiet power without emissions, making them ideal for emergency preparedness, outdoor enthusiasts, and environmentally conscious consumers.

    Deals will go live starting July 8 and are available while supplies last exclusively to Amazon Prime members with additional Prime Day celebratory deals extending to Jackery.com. For more information on Jackery, please visit www.jackery.com. Be sure to follow Jackery on social media at @JackeryUSA for the latest updates in real time.

    About Jackery
    Founded in California in 2012, Jackery is a leader in innovative solar generators and renewable energy solutions. Offering a diverse range of products—from compact 100W units to essential home backup systems, all the way to robust 123kWh energy storage solutions for whole-home use—Jackery combines cutting-edge technology with a steadfast commitment to sustainability. Designed in the USA based on customer usability and the diverse energy needs of the United States, Jackery is dedicated to providing reliable, renewable energy solutions, prioritizing convenience, trust, energy independence, and environmentally responsible practices. With over 150,000 five-star reviews, Jackery has earned the trust of customers worldwide. To learn more, check out Jackery on Facebook, Instagram, X, YouTube, and LinkedIn.

    MEDIA CONTACT
    ICR
    jackery@icrinc.com 

    The MIL Network

  • MIL-OSI: BTCS Inc. Announces Intent to Raise $100 Million for Strategic Ethereum Acquisition Using DeFi/TradFi Flywheel

    Source: GlobeNewswire (MIL-OSI)

    Silver Spring, MD, July 08, 2025 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”) short for Blockchain Technology Consensus Solutions, a blockchain technology-focused company, today announced its strategic intent to raise $100 million in 2025 to acquire Ethereum. This initiative is part of the Company’s long-term vision to build the leading publicly traded company focused on Ethereum infrastructure while remaining one of the largest holders of ETH among public companies.

    We believe that Ethereum has significant growth potential and is central to the future digital financial infrastructure. Now, with Ethereum at 2021 price levels, is the time to deepen our exposure,” said Charles Allen, CEO of BTCS. “Our approach to capital formation has been – and continues to be – designed to minimize dilution, maximize flexibility, and align with our commitment to sound financial management for the protection of our shareholders.

    This initiative represents a transformative expansion of BTCS’s Ethereum-first strategy, leveraging a cutting-edge financing model that combines both decentralized finance (“DeFi”) and traditional finance (“TradFi”) mechanisms. The planned capital raises1 will be structured through a sophisticated DeFi/TradFi accretion flywheel consisting of At-The-Market (“ATM”) equity sales, convertible debt issuance, on-chain borrowing via Aave, yield generated from NodeOps (staking Ethereum), and vertical integration with Builder+ (block building), one of the most advanced opportunities for driving revenue and increasing ETH per share while minimizing dilution.

    Key principles of the DeFi/TradFi Strategy

    Subject to market conditions, the Company intends to raise funds to acquire Ethereum on a rolling basis, with a targeted emphasis on maximizing capital efficiency. BTCS plans to adhere to a strict net asset value (“NAV”) leverage cap of up to 40% at the time of each financing, covering its combined exposure to convertible debt and Aave borrowings, to ensure a conservative and sustainable balance sheet. The strategy includes:

    • ATM Equity Sales: Opportunistic issuance through the Company’s existing ATM program, designed to access equity markets efficiently and transparently. This would utilize BTCS’s current $250 million shelf registration to the extent it is not restricted by baby shelf limitations.
    • Convertible Debt: Opportunistic use of the previously announced convertible debt arrangement with ATW Partners LLC (“ATW”), which BTCS may utilize upon mutual agreement with ATW, provided it represents the lowest cost of capital. This arrangement, which forms part of BTCS’s broader capital strategy, is designed to provide access to funding while minimizing shareholder dilution.
    • DeFi Borrowing via Aave: Continuing to borrow stablecoins from Aave using ETH as collateral. This structure operates as a perpetual loan, carrying no associated banking or underwriting fees. The current net annual cost of capital remains extremely favorable at around 3%, with no shareholder dilution. This structure can be implemented in minutes, is highly scalable, and provides a flexible mechanism for rapid growth.

    This innovative mix of financing is designed to achieve the least dilutive cost of capital while expanding the Company’s Ethereum holdings in a responsible and forward-looking manner, with the goal of increasing its ETH per share and simultaneously driving revenue growth.

    A New Frontier in Crypto Capital Formation

    By utilizing both decentralized and institutional capital markets, BTCS aims to set a precedent for how public blockchain companies can bridge DeFi and TradFi to create shareholder value and foster trust in programmable financial systems.

    We’re engineering a capital structure that mirrors the ethos of crypto itself—efficient, transparent, and decentralized,” said Allen. “With 20 years of capital markets experience and 10 years at the forefront of crypto, BTCS is uniquely positioned to lead in this new paradigm. With a new crypto-friendly administration and increased institutional interest in Ethereum, now is the time to rapidly scale our operations.

    The chart below illustrates the history of BTCS’s ETH accumulation over the last 5 years:

    The Company plans to provide additional updates, in accordance with its disclosure obligations under securities laws, regarding the specific timelines, instruments, and market conditions as part of its regular investor communications.

    About BTCS:

    BTCS Inc. (Nasdaq: BTCS) (short for Blockchain Technology Consensus Solutions) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release, constitute “forward-looking statements” within Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding plans to raise $100 million in 2025, Ethereum’s growth potential, plans for capital raises and limiting our NAV leverage cap and rapidly increasing the Company’s ETH per share and simultaneously driving revenue growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation market conditions, regulatory issues and requirements, unexpected issues with Builder+, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events or otherwise, except as required by law.

    For more information follow us on:
    Twitter: https://x.com/NasdaqBTCS
    LinkedIn: https://www.linkedin.com/company/nasdaq-btcs
    Facebook: https://www.facebook.com/NasdaqBTCS

    Investor Relations:
    Charles Allen – CEO
    X (formerly Twitter): @Charles_BTCS
    Email: ir@btcs.com

    1 Subject to regulatory approval and market conditions.

    The MIL Network

  • MIL-OSI: BTCS Inc. Announces Intent to Raise $100 Million for Strategic Ethereum Acquisition Using DeFi/TradFi Flywheel

    Source: GlobeNewswire (MIL-OSI)

    Silver Spring, MD, July 08, 2025 (GLOBE NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”) short for Blockchain Technology Consensus Solutions, a blockchain technology-focused company, today announced its strategic intent to raise $100 million in 2025 to acquire Ethereum. This initiative is part of the Company’s long-term vision to build the leading publicly traded company focused on Ethereum infrastructure while remaining one of the largest holders of ETH among public companies.

    We believe that Ethereum has significant growth potential and is central to the future digital financial infrastructure. Now, with Ethereum at 2021 price levels, is the time to deepen our exposure,” said Charles Allen, CEO of BTCS. “Our approach to capital formation has been – and continues to be – designed to minimize dilution, maximize flexibility, and align with our commitment to sound financial management for the protection of our shareholders.

    This initiative represents a transformative expansion of BTCS’s Ethereum-first strategy, leveraging a cutting-edge financing model that combines both decentralized finance (“DeFi”) and traditional finance (“TradFi”) mechanisms. The planned capital raises1 will be structured through a sophisticated DeFi/TradFi accretion flywheel consisting of At-The-Market (“ATM”) equity sales, convertible debt issuance, on-chain borrowing via Aave, yield generated from NodeOps (staking Ethereum), and vertical integration with Builder+ (block building), one of the most advanced opportunities for driving revenue and increasing ETH per share while minimizing dilution.

    Key principles of the DeFi/TradFi Strategy

    Subject to market conditions, the Company intends to raise funds to acquire Ethereum on a rolling basis, with a targeted emphasis on maximizing capital efficiency. BTCS plans to adhere to a strict net asset value (“NAV”) leverage cap of up to 40% at the time of each financing, covering its combined exposure to convertible debt and Aave borrowings, to ensure a conservative and sustainable balance sheet. The strategy includes:

    • ATM Equity Sales: Opportunistic issuance through the Company’s existing ATM program, designed to access equity markets efficiently and transparently. This would utilize BTCS’s current $250 million shelf registration to the extent it is not restricted by baby shelf limitations.
    • Convertible Debt: Opportunistic use of the previously announced convertible debt arrangement with ATW Partners LLC (“ATW”), which BTCS may utilize upon mutual agreement with ATW, provided it represents the lowest cost of capital. This arrangement, which forms part of BTCS’s broader capital strategy, is designed to provide access to funding while minimizing shareholder dilution.
    • DeFi Borrowing via Aave: Continuing to borrow stablecoins from Aave using ETH as collateral. This structure operates as a perpetual loan, carrying no associated banking or underwriting fees. The current net annual cost of capital remains extremely favorable at around 3%, with no shareholder dilution. This structure can be implemented in minutes, is highly scalable, and provides a flexible mechanism for rapid growth.

    This innovative mix of financing is designed to achieve the least dilutive cost of capital while expanding the Company’s Ethereum holdings in a responsible and forward-looking manner, with the goal of increasing its ETH per share and simultaneously driving revenue growth.

    A New Frontier in Crypto Capital Formation

    By utilizing both decentralized and institutional capital markets, BTCS aims to set a precedent for how public blockchain companies can bridge DeFi and TradFi to create shareholder value and foster trust in programmable financial systems.

    We’re engineering a capital structure that mirrors the ethos of crypto itself—efficient, transparent, and decentralized,” said Allen. “With 20 years of capital markets experience and 10 years at the forefront of crypto, BTCS is uniquely positioned to lead in this new paradigm. With a new crypto-friendly administration and increased institutional interest in Ethereum, now is the time to rapidly scale our operations.

    The chart below illustrates the history of BTCS’s ETH accumulation over the last 5 years:

    The Company plans to provide additional updates, in accordance with its disclosure obligations under securities laws, regarding the specific timelines, instruments, and market conditions as part of its regular investor communications.

    About BTCS:

    BTCS Inc. (Nasdaq: BTCS) (short for Blockchain Technology Consensus Solutions) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release, constitute “forward-looking statements” within Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding plans to raise $100 million in 2025, Ethereum’s growth potential, plans for capital raises and limiting our NAV leverage cap and rapidly increasing the Company’s ETH per share and simultaneously driving revenue growth. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation market conditions, regulatory issues and requirements, unexpected issues with Builder+, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events or otherwise, except as required by law.

    For more information follow us on:
    Twitter: https://x.com/NasdaqBTCS
    LinkedIn: https://www.linkedin.com/company/nasdaq-btcs
    Facebook: https://www.facebook.com/NasdaqBTCS

    Investor Relations:
    Charles Allen – CEO
    X (formerly Twitter): @Charles_BTCS
    Email: ir@btcs.com

    1 Subject to regulatory approval and market conditions.

    The MIL Network

  • MIL-OSI Analysis: 3 basic ingredients, a million possibilities: How small pizzerias succeed with uniqueness in an age of chain restaurants

    Source: The Conversation – USA (2) – By Paula de la Cruz-Fernández, Cultural Digital Collections Manager, University of Florida

    Variety is the sauce of life. Suzanne Kreiter/Boston Globe via Getty Images

    At its heart, pizza is deceptively simple. Made from just a few humble ingredients – baked dough, tangy sauce, melted cheese and maybe a few toppings – it might seem like a perfect candidate for the kind of mass-produced standardization that defines many global food chains, where predictable menus reign supreme.

    Yet, visit two pizzerias in different towns – or even on different blocks of the same town – and you’ll find that pizza stubbornly refuses to be homogenized.

    We are researchers working on a local business history project that documents the commercial landscape of Gainesville, Florida, in the 20th and 21st centuries. As part of that project, we’ve spent a great many hours over the past two years interviewing local restaurant owners, especially those behind Gainesville’s independent pizzerias. What we’ve found reaffirms a powerful truth: Pizza resists sameness – and small pizzerias are a big reason why.

    Why standardized pizza rose but didn’t conquer

    While tomatoes were unknown in Italy until the mid-16th century, they have since become synonymous with Italian cuisine – especially through pizza.

    Pizza arrived in the U.S. from Naples in the early 20th century, when Italian immigration was at its peak. Two of the biggest destinations for Italian immigrants were New York City and Chicago, and today each has a distinctive pizza style. A New York slice can easily be identified by its thin, soft, foldable crust, while Chicago pies are known for deep, thick, buttery crusts.

    After World War II, other regions developed their own types of pizza, including the famed New Haven and Detroit styles. The New Haven style is known for being thin, crispy and charred in a coal-fired oven, while the Detroit style has a rectangular, deep-dish shape and thick, buttery crust.

    By the latter half of the 20th century, pizza had become a staple of the American diet. And as its popularity grew, so did demand for consistent, affordable pizza joints. Chains such as Pizza Hut, founded in 1958, and Papa John’s, established in 1984, applied the model pioneered by McDonalds in the late 1940s, adopting limited menus, assembly line kitchens and franchise models built for consistency and scale. New technologies such as point-of-sale systems and inventory management software made things even more efficient.

    As food historian Carol Helstosky explains in “Pizza: A Global History,” the transformation involved simplifying recipes, ensuring consistent quality and developing formats optimized for rapid expansion and franchising. What began as a handcrafted, regional dish became a highly replicable product suited to global mass markets.

    Today, more than 20,000 Pizza Huts operate worldwide. Papa John’s, which runs about 6,000 pizzerias, built its brand explicitly on a promise rooted in standardization. In this model, success means making pizza the same way, everywhere, every time.

    So, what happened to the independent pizzerias? Did they get swallowed up by efficiency?

    Not quite.

    Chain restaurants don’t necessarily suffocate small competitors, recent research shows. In fact, in the case of pizza, they often coexist, sometimes even fueling creativity and opportunity. Independent pizzerias – there are more than 44,000 nationwide – lean into what makes them unique, carving out a niche. Rather than focusing only on speed or price, they compete by offering character, inventive toppings, personal service and a sense of place that chains just can’t replicate.

    A local pizza scene: Creativity in a corporate age

    For an example, look no farther than Gainesville. A college town with fewer than 150,000 residents, Gainesville doesn’t have the same culinary cache as New York or Chicago, but it has developed a very unique pizza scene. With 13 independent pizzerias serving Neapolitan, Detroit, New York and Mediterranean styles and more, hungry Gators have a plethora of options when craving a slice.

    What makes Gainesville’s pizza scene especially interesting is the range of backgrounds its proprietors have. Through interviews with pizzeria owners, we found that some had started as artists and musicians, while others had worked in engineering or education – and each had their own unique approach to making pizzas.

    The owner of Strega Nona’s Oven, for example, uses his engineering background to turn dough-making into a science, altering the proportions of ingredients by as little as half of a percent based on the season or even the weather.

    Satchel’s Pizza, on the other hand, is filled with works made by its artist owner, including mosaic windows, paintings, sculptures and fountains.

    Gainesville’s independent pizzerias often serve as what sociologists call “third places”: spaces for gathering that aren’t home or work. And their owners think carefully about how to create a welcoming environment. For example, the owner of Scuola Pizza insisted the restaurant be free of TVs, so diners can focus on their food. Squarehouse Pizza features a large outdoor space; an old, now repurposed school bus outfitted with tables and chairs to dine in, and a stage for live music.

    Squarehouse also is known for its unusual toppings on square, Detroit-style pies – for example, the Mariah Curry, topped with curry chicken or cauliflower and coconut curry sauce. It refreshes its specialty menus every semester or two.

    While the American pizza landscape may be shaped by big brands and standardized menus, small pizzerias continue to shine. Gainesville is a perfect example of how a local pizza scene in a small Southern college town can be so unique, even in a globalized industry. Small pizzerias don’t just offer food – they offer a flavorful reminder that the marketplace rewards distinctiveness and local character, too.

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

    ref. 3 basic ingredients, a million possibilities: How small pizzerias succeed with uniqueness in an age of chain restaurants – https://theconversation.com/3-basic-ingredients-a-million-possibilities-how-small-pizzerias-succeed-with-uniqueness-in-an-age-of-chain-restaurants-259661

    MIL OSI Analysis

  • MIL-OSI: WILLPORT Holdings, Inc. Opens Investment Opportunity to Support the 2026 Beta Launch of WILLPORTtrust

    Source: GlobeNewswire (MIL-OSI)

    San Diego, CA, July 08, 2025 (GLOBE NEWSWIRE) — WILLPORT Holdings, Inc., a digital estate planning technology company, is now offering securities under Regulation Crowdfunding through StartEngine Primary, LLC. This offering gives the public a chance to invest in the continued development of WILLPORTtrust, a secure digital platform aimed at transforming how families plan, manage, and personalize their legacies using blockchain and AI.

    The Offering

    This Regulation Crowdfunding offering is conducted through StartEngine Primary, LLC, a registered funding portal and member of FINRA/SIPC. Investment details and required disclosures are available on the campaign page at https://www.startengine.com/offering/willport-trust.

    About WILLPORTtrust

    Set for beta launch in 2026, WILLPORTtrust is being developed in collaboration with some of the industry’s leading Trust Lawyers and Estate Planning Experts. The platform is designed to simplify and secure the creation and execution of estate plans for families including those previously underserved by the Trust and Estate Industry. https://www.youtube.com/watch?v=yOJxe4RoD_w

    Key features include:

    Time-Based Wealth Transfers – Distribute assets over time rather than in lump sums

    Legacy Messaging – Attach a voice or video message to your inheritance delivery, sent directly to the beneficiary. 

    Digital Executor Assignment – Delegate key estate responsibilities with precision

    TRUSTlocker Vault – Encrypted storage for documents such as wills, directives, and digital credentials

    Safe Key Protocol – Secure release of documents triggered by verified life events

    WILLPORTtrust seeks to modernize estate planning by offering a user-friendly experience that protects both assets and the emotional bonds behind them. The product’s success depends on a range of factors, including market reception, continued development progress, and regulatory compliance.

    To learn more or become an investor in WILLPORTtrust’s mission to democratize digital estate planning, visit https://www.startengine.com/offering/willport-trust.

    THIS REG CF OFFERING IS MADE AVAILABLE THROUGH STARTENGINE PRIMARY, LLC, MEMBER FINRA/SIPC. THIS INVESTMENT IS SPECULATIVE, ILLIQUID, AND INVOLVES A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.

    For more information, please contact:
    WILLPORT Holdings, Inc.
    1645 Village Center Circle, Suite 200
    Las Vegas, Nevada, 89134
    Tel: 855-945-5778
    service@willport.com

    The MIL Network