Category: Finance

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

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

    About Sky Quarry Inc.

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

    Forward-Looking Statements

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

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

    Company Website
    www.skyquarry.com

    The MIL Network

  • MIL-OSI: LPL Financial Welcomes Runyan Capital

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

    About LPL Financial

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

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

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

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

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

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #752320

    The MIL Network

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

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

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

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

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

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

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

    Measuring productivity

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

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

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

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

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

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

    More R than D

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

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

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

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

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

    Role of Congress

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

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

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

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

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

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

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

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

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

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

    MIL OSI Analysis

  • MIL-OSI United Kingdom: Wraps coming off new Wolverhampton City Learning Quarter college campus

    Source: City of Wolverhampton

    The majority of the building’s exterior is now exposed for all to see as contractor McLaughlin & Harvey continue to remove the protective covering and scaffolding to unveil the distinctive terracotta coloured cladding.

    Construction works are ongoing on the state of the art facility, which forms part of phase 2 of Wolverhampton Council’s masterplan to boost skills and employment.

    Situated around the Old Hall Street and St George’s Parade area, incorporating a site on the corner of Garrick Street and Bilston Street where the former Faces nightclub building once stood, the development is also utilising the existing Metro One building – it will open to City of Wolverhampton College students in the autumn.

    Alongside improvements to the neighbouring Adult Education Wolverhampton and Central Library facilities, the £61 million scheme – supported by Government funding – will establish new educational provision that will enhance skills and employment outcomes for residents across the city and wider region.

    It will offer A Levels in a range of subjects and vocational qualifications in art, design and photography, business and management, catering and hospitality, computing and digital, creative media, games design and e-sports, hair and beauty, health and social care, music technology, performing arts, and science.

    Prospective students can find out more about what will be on offer at the new campus at the college’s Open Day this Saturday (14 June), at its existing Wellington Road and Paget Road campuses, between 10am and 2pm. Book your place at Open Events | 14 June 2025 | City of Wolverhampton College.

    Construction on phase 1 of the City Learning Quarter masterplan – a new £8.1 million Advanced Technology and Automotive Centre at the college’s Wellington Road campus – has been completed and opened to students in September 2024.

    Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, said: “As we get the first look at the exterior finish of the new City Learning Quarter there is no doubt it is going to provide an inspirational setting for students and staff.

    “It will also act as a focal point in the city centre, increasing footfall to support neighbouring businesses, especially with its excellent connectivity to rail, bus, tram and cycle routes.

    “The City Learning Quarter has been a long held ambition of the council to drive education and skills in the city and it will unlock opportunities for the people of Wolverhampton and beyond.”

    Warinder Juss MP, Wolverhampton West, said: “The development of the City Learning Quarter provides exciting opportunities to not only the students of the college, but also to help with the regeneration of the city centre.”

    Paul Davies, Director of Finance at the college, said: “The unveiling of the new City Learning Quarter campus is a major milestone for the college and for education in Wolverhampton. It’s the result of years of planning and investment, and it’s exciting to see the vision becoming a reality.

    “Relocating from our long standing Paget Road site to this purpose built, centrally located campus will allow us to deliver a modern, high quality learning experience that has greater accessibility through public transport links. The new facilities will not only benefit our staff, students and apprentices, but also play a key role in supporting skills development and economic growth across the wider region.”

    The exciting City Learning Quarter proposals were initially supported by investment from the council with a further £49 million coming through UK Government funding, plus additional government grants and contributions from the college and council.

    It will pave the way for City of Wolverhampton College to move from its 1960s Paget Road site, which has been identified as land to build much needed housing.

    The college forecasts that over a 10 year period approximately 45,000 people will benefit from learning at the City Learning Quarter and around 7,500 apprenticeships will be started.

    Its central location and close proximity to the new £150 million transport interchange will make it easily accessible. It will also boast environmental benefits in line with council’s climate emergency agenda.
     

    MIL OSI United Kingdom

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

    Source: GlobeNewswire (MIL-OSI)

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

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

    FY2025 Financial Highlights & Strategic Growth Catalysts

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

    Key Investor Highlights:

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

    Platform Momentum and Sectoral Expansion

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

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

    Strategic Focus: Emerging Markets and Smart Automation

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

    To support scalable growth, Sagtec is actively investing in:

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

    Upcoming Earnings Call

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

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

    About Sagtec Global Limited

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

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

    Cautionary Note Regarding Forward-Looking Statements

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

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

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

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

    Contact Information:

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

    The MIL Network

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Forward-Looking Statements

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

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

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

    The MIL Network

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

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

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

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

    To find out more visit: www.nextnrg.com

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

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

    The MIL Network

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

    Source: GlobeNewswire (MIL-OSI)

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

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

    About the ROTH London Conference

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

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

    About Odysight.ai

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

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

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

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

    The MIL Network

  • MIL-OSI: CEA Industries Announces NASDAQ Ticker Symbol Change to “VAPE”

    Source: GlobeNewswire (MIL-OSI)

    Louisville, Colorado, June 12, 2025 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced that it will change its ticker symbol on the NASDAQ Capital Market from “CEAD” to “VAPE.” This change is expected to take effect at the opening of trading on Friday, June 13, 2025.

    The new ticker symbol “VAPE” reflects the Company’s strategic focus on the rapidly growing vaping industry, following its recent acquisition of Fat Panda, a leading Canadian vape retailer. This transition underscores CEA Industries’ commitment to aligning its market identity with its evolving operations and growth trajectory.

    “Changing our ticker to ‘VAPE’ reflects our strategic focus and the evolution of our business,” said Tony McDonald, Chairman and CEO of CEA Industries. “It signals our conviction in the long-term opportunity within the regulated vape sector and our commitment to building a market-leading consumer brand. As we continue scaling Fat Panda and entering new geographies, this alignment between our strategy and market identity will enhance our visibility and reinforce our positioning with both investors and customers.”

    No action is required by existing shareholders concerning the ticker symbol change. The Company’s common stock will continue to be listed on the NASDAQ Capital Market, and its CUSIP number will remain unchanged.

    About CEA Industries Inc.

    CEA Industries Inc. (NASDAQ: CEAD) is a growth-oriented company focused on building category-leading businesses in regulated consumer markets. With a focus on the high-growth, Canadian nicotine vape industry, one of the fastest-expanding segments of the global nicotine market, CEA Industries targets scalable operators with strong regulatory alignment, defensible market share, and high-margin business models. The Company provides capital, operational expertise, and strategic resources to accelerate retail expansion, strengthen e-commerce infrastructure, and drive long-term value creation in performance-driven sectors. For more information, visit www.ceaindustries.com.

    Investor Contact:

    Sean Mansouri, CFA or Aaron D’Souza
    Elevate IR
    info@ceaindustries.com
    (720) 330-2829

    The MIL Network

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

    About Netcapital Inc.

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

    Forward Looking Statements

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

    Investor Contact

    800-460-0815 ir@netcapital.com

    The MIL Network

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

    To sign up, please visit here.

    About Bitget

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

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

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

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

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

    The MIL Network

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

    Source: South Africa News Agency

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

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

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

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

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

    READ | Sexual offences and commercial crime remain a concern

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

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

    READ | More farm murder victims are African, Police Minister

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

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

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

    Political killings

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

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

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

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

    MIL OSI Africa

  • MIL-OSI New Zealand: TEO-developed micro-credentials – funding and fees

    Source: Tertiary Education Commission

    On this page:

    Funding for micro-credentials
    We want to invest in micro-credentials, delivered by highly capable TEOs, that meet the needs of industries and communities, and support government priorities. To be funded, micro-credentials need to meet a clearly established industry or community need, be tightly focused on a set of skills, and have stand-alone value.
    Not all quality-assured micro-credentials can be funded by the Tertiary Education Commission (TEC) as we have to prioritise how we distribute funding. Our investment in micro-credentials will complement rather than replace existing privately funded training. Alongside the micro-credentials we fund, we expect employers, industries, and learners will cover the full cost of others themselves.
    We are open to funding micro-credentials at any level of the New Zealand Qualifications and Credentials Framework (NZQCF), but we want to ensure learners are supported to make good choices, including enrolling in full qualifications where appropriate.
    For more information on the micro-credential funding conditions, see the DQ1-2, DQ3-7 and DQ7-10 funding conditions for the relevant year.
    Eligible organisations
    All TEOs eligible for Delivery on the NZQCF funding, at any level (DQ1-2, DQ3-7 (non-degree) and DQ7-10), can apply for funding to deliver micro-credentials.
    If your organisation is not currently approved to receive any funding from us via an Investment Plan, you will first need to apply for funding as a new provider. For more information about this, see Application to receive TEC funding.
    Talk to us early
    If you are a TEO creating a new micro-credential, you may choose to get in touch with us early in the development process before submitting it to the New Zealand Qualifications Authority (NZQA).
    We may be able to advise you if it is something we could potentially fund before you invest resources into developing it.
    Any advice is provisional, based on the information known to us at the time, and does not replace the application and assessment process.
    To receive guidance from the TEC on funding eligibility for your micro-credential, please email micro-credential@tec.govt.nz.
    How to apply
    The current TEC criteria and guidelines for the approval of TEO-developed micro-credentials came into effect on 1 November 2022. All applications must meet the approval criteria and use the form below.  

    How to submit your application
    Please read the criteria and guidelines carefully and submit your completed application through DXP Ngā Kete.
    Let us know when you’ve submitted, by emailing micro-credential@tec.govt.nz.  
    You can apply at any time. We expect to advise outcomes within six weeks. It may take longer in some circumstances or if we require additional information.
    WDC-developed micro-credentials
    Workforce Development Councils (WDCs) developing micro-credentials for which TEOs may seek TEC funding approval will need to be familiar with what we will and won’t fund.
    Funding requirements can be found in the DQ1-2, DQ3-7 and DQ7-10 funding conditions for the relevant year.
    You can also find more information at:
    WDC-developed micro-credentials and qualifications 
    Please be aware that where a WDC-developed micro-credential does not meet our investment requirements, we will not fund its delivery.
    A TEO wanting to gain accreditation to deliver a micro-credential developed by a WDC must first apply to NZQA. If granted accreditation by NZQA, the TEO can then enter the micro-credential into DXP Ngā Kete.
    If you have any questions about this, please call us on 0800 601 301 or email customerservice@tec.govt.nz.
    Fee limits on micro-credentials
    For information on fee limits on micro-credentials, including exception criteria, see Fee cap for micro-credentials.
    Re-prioritising funding from existing allocation
    If we approve a micro-credential for funding, we expect that in most cases TEOs will re-prioritise funding from within their existing allocation. To do this, you need to make an in-year Plan Amendment via a Mix of Provision (MoP) change in DXP Ngā Kete.
    You can increase the number of learners you enrol in the micro-credential over time (and make any necessary changes to the MoP), but you need to ensure the micro-credential continues to meet the priorities set out in the Tertiary Education Strategy, Plan Guidance and Supplementary Plan Guidance in force at the time of the proposed increase.

    If we approve your micro-credential for funding and you would like to seek additional funding for it, you can submit an additional funding request either at the time of your micro-credential application, or after it is approved. You will need to follow the standard process for additional funding. You can do that as part of the annual investment round or as an in-year additional funding request.
    We may consider investing additional funding to support micro-credentials if there is an exceptionally compelling case for strong employer or community demand and a clear contribution to government priorities.
    In considering further funding, we will look at your TEO’s performance in existing provision, including whether existing allocation can be reprioritised from lower-performing provision to the micro-credential.

    MIL OSI New Zealand News

  • MIL-OSI: Zinemx Obtains U.S. MSB License, Ushering in a New Era of Compliance

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 12, 2025 (GLOBE NEWSWIRE) — Recently, Zinemx Exchange announced that it has been granted the Money Services Business (MSB) license by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury, marking a significant milestone in the platform global compliance strategy. Zinemx has demonstrated trustworthy capabilities in anti-money laundering (AML) and user identification compliance, enabling it to legally conduct crypto asset trading activities in the United States and multiple other jurisdictions, while providing investors with a compliant and secure trading environment over the long term.

    Possession of the U.S. MSB license allows Zinemx Exchange to legally offer crypto asset trading services across multiple states in the U.S., and further strengthens its ability to operate lawfully in other global jurisdictions. The platform has always placed a high priority on compliance, dedicating itself to delivering high-quality crypto trading services to its users.

    Alongside obtaining the MSB license, Zinemx Exchange has further optimized its AML and Know Your Customer (KYC) compliance systems to meet global financial regulatory standards. The platform employs advanced identity verification technologies, ensuring that users can smoothly pass rigorous compliance checks during registration and trading processes. Its risk control system continuously monitors trading activities in real time, accurately identifying abnormal behaviors and effectively preventing illegal activities such as money laundering and market manipulation.

    The Zinemx compliance team works closely with international regulatory authorities and legal advisors to ensure that the platform operations adhere to legal and policy requirements in the global financial sector. All trading activities on the platform are strictly monitored and reviewed in accordance with international anti-money laundering regulations.

    As cryptocurrencies increasingly become mainstream assets, regulatory requirements for crypto assets are tightening worldwide. Zinemx Exchange, having secured the U.S. MSB license, also plans to expand localized operations in major markets such as Europe and Asia, thereby advancing its global compliance efforts.

    Looking ahead, Zinemx Exchange will continue to broaden its global compliance footprint by applying for additional financial licenses in more countries and regions, while further enhancing security and risk management measures. The platform is committed to building a more compliant and efficient crypto asset trading environment for investors. In the context of growing regulatory oversight of crypto trading, Zinemx is steadily advancing toward a new stage of international development.

    Media Contact: support@zinemx.org

    Disclaimer: This press release is provided by Zinemx Exchange. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    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 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a69b22b7-7f1e-41b0-b6de-3ff0b830fccb

    The MIL Network

  • MIL-OSI: Aemetis CEO Meets with White House, Congress, and Agencies Regarding Support for Domestic Energy and Rural Communities in Budget Bill

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., June 12, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company, announced today that its Chairman and CEO, Eric McAfee, has held meetings regarding support for domestic energy and rural communities in the federal tax bill with members of the Senate and House of Representatives, and with officials at the U.S. Department of Agriculture, Department of Energy, Treasury Department, and the White House National Economic Council. The meetings included a one hour presentation on transferable tax credits and the benefits of Section 45Z production tax credits to the Chief of Staff and biofuels policy staff of the Congressional Joint Committee on Taxation.

    “The One Big Beautiful Bill Act is a generational opportunity to support domestic energy and rural communities through Section 45Z production tax credits for biofuels and biogas,” Mr. McAfee stated. “This year, we have travelled to Washington D.C. more than ten times to meet with the White House, Senate and House, as well as to present to agencies related to biofuels and biogas to communicate the important role of 45Z in the expansion of American energy and the importance of funding to farmers and rural communities through higher value crops.”

    The 45Z production tax credit (PTC) was established in 2022 and went into effect in January 2025. If enacted, the federal tax and spending bill version passed by the House would modify the Section 45Z PTC to extend the credit availability by four years from 2027 to 2031, require the use of domestic feedstocks, and eliminate the indirect land use penalty for ethanol and other biofuels.

    The value of the Section 45Z production tax credits earned by Aemetis is directly correlated with the quantity of biofuels and biogas produced. From 12 dairies currently operating, Aemetis Biogas is rapidly scaling up the construction of dairy digesters to produce renewable natural gas (RNG) using feedstock from 50 dairies that have already entered agreements with Aemetis Biogas. This summer, 16 dairies are scheduled to be operating in the Aemetis Biogas Central Digester Project near Modesto, California, with 36 miles of biogas pipeline and a central biogas-to-RNG production facility already in operation delivering RNG into the PG&E utility gas pipeline.

    Aemetis renewable energy and energy efficiency projects include the expansion of dairy renewable natural gas production to generate more than 1 million MMBtu per year of renewable natural gas; the Keyes ethanol plant mechanical vapor recompression system that is expected to generate $32 million of increased annual cash flow starting in 2026; the Riverbank carbon sequestration project to inject 1.4 million tons per year of CO2 per year underground; and the 78 million gallon per year sustainable aviation fuel and renewable diesel plant that has already received Authority To Construct air permits and other key approvals.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California that will use renewable hydrogen and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com.

    Safe Harbor Statement

    This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results in 2025 and future years; statements relating to the development, engineering, financing, construction and operation of the Aemetis ethanol, biogas, SAF and renewable diesel, and carbon sequestration facilities; our ability to promote, develop, finance, and construct facilities to produce biogas, renewable fuels, and biochemicals; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    The MIL Network

  • MIL-OSI: Charli Capital Expands Investment Intelligence Suite with Investor Relations Dashboard, A First-Of-Its-Kind Dual-Sided Network Platform, Empowering Investors and Companies to Connect, Collaborate, and Capitalize

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) — Charli Capital, the company behind the proprietary Multidimensional AI™ and a leader in financial intelligence infrastructure, today announced the launch of its latest platform innovation: the Charli Investor Relations Dashboard. This transformative tool is set to redefine how investors and private companies connect, communicate, and collaborate in today’s high-velocity financial environment.

    Purpose-built for both public and private market participants, the Charli IR Dashboard offers a first-of-its-kind, dual-sided network interface that eliminates long-standing friction between capital allocators and capital seekers. Leveraging Charli’s advanced AI engine, the platform delivers real-time transparency, structured communication, and intelligent automation—all within a secure, interactive environment.

    “The Investor Relations Dashboard is not just a product—it’s a new capital markets infrastructure layer,” said Kevin Collins, CEO of Charli Capital. “It transforms investor communications from static and reactive to dynamic, intelligent, and proactive. We’re increasing capital efficiency by giving both sides of the market access to the same trusted platform, the same intelligence, and the same opportunity to build value.”

    Built for a New Era of Market Transparency and Capital Agility

    In a time where market velocity, investor scrutiny, and regulatory expectations are intensifying, the Charli Investor Relations Dashboard gives companies a decisive edge. It empowers leadership teams to control their capital markets presence, delivering real-time access to strategic narratives, financial performance, and investor-facing communications—all within a single, trusted platform.

    Key features include:

    • Smart Deal Discovery & Relationship Management – One platform to discover, engage, and manage investment opportunities.
    • Searchable Access to 2M+ Companies – Private and public companies enriched with AI-normalized fundamentals, sentiment analysis, and strategic intelligence.
    • Standardized Investment Scorecards – Delivering consistent, analyst-grade evaluations across multiple asset classes.
    • Investor Readiness Scores – AI-powered benchmarks that help companies improve transparency and attract high-quality capital.
    • Capital Campaign Tools – Securely manage investor outreach, share documents, and deliver timely updates that build trust and keep momentum moving.

    For private and public companies alike, the Charli Investor Relations Dashboard offers a powerful opportunity to take control of their market narrative and stand out in an increasingly competitive funding landscape. By centralizing key financials, strategic messaging, and real-time updates in a single investor-ready profile, companies can showcase their growth story with clarity, confidence, and credibility. No longer reliant on fragmented communications, firms can now engage directly with high-quality investors and accelerate their path to capital—all while building long-term relationships rooted in data, trust, and strategic alignment.

    Availability

    The Charli Investor Relations Dashboard will be available early in July to early adopters including leading exchanges, asset managers, and venture-backed growth companies. The platform is scheduled for general availability this summer, with onboarding and enterprise integrations already underway.

    To learn more and join the waitlist, visit https://product.charliai.com/dashboard-ir

    About Charli Capital
    Charli Capital is redefining the future of private investing through a first-of-its-kind dual-sided network, powered by Multidimensional AI™. The Charli platform delivers real-time insights across more than 2 million private and public companies, empowering investors to uncover opportunities, validate decisions, and connect with confidence. From discovery to due diligence, Charli Capital is where next-generation investment decisions begin.
    To learn more, visit www.charliai.com

    For Media Inquiries, Please Contact:
    Fatema Bhabrawala
    Director of Media Relations
    fbhabrawala@allianceadvisors.com

    The MIL Network

  • MIL-OSI: Richtech Robotics’ Titan Selected as Robotics Innovation of the Year by the SupplyTech Breakthrough Awards

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, NV, June 12, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announced that its Titan robot was selected as the winner of the Robotics Innovation of the Year award by the 4th annual SupplyTech Breakthrough Awards program. The Titan robot is designed to increase efficiency and revenue by streamlining delivery, in the automotive repair space for example, allowing employees to work faster and smarter.

    “We’re honored that our Titan robot has been recognized by the SupplyTech Breakthrough Awards for its innovation and impact,” said Matt Casella, President of Richtech Robotics. “Integrating Titan into multi-bay automotive service centers highlights how robotics can eliminate repetitive tasks, boost technician productivity, and ultimately create more value for both businesses and their customers.”

    Richtech Robotics is partnering with leading auto dealerships across the U.S. to integrate its Titan robot into their workflow in order to save time, reduce operational expenses, and enhance overall efficiency. For example, at large multi-bay service centers with a variety of warehouse footprints, customers have reported that Titan has been able to save technicians an average of an hour per day, while also improving the accuracy of the internal parts delivery system.

    The SupplyTech Breakthrough Awards, a part of the Tech Breakthrough Organization, is a recognition platform for companies and individuals driving significant advancements in the supply chain and logistics industry through technology. For more information about the SupplyTech Breakthrough Awards program, visit supplytechbreakthrough.com.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the benefits of integrating the Titan robot in the automotive repair space, including the likelihood of reducing operational expenses and enhancing overall efficiency.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the SEC on March 4, 2025, the IPO registration statement and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com 

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com 
    702-534-0050

    The MIL Network

  • MIL-OSI: CLEAR and Greenhouse Announce Partnership to Enable Candidate Verification

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) — CLEAR (NYSE: YOU), the secure identity company, today announced a new partnership with Greenhouse, trusted HR tech leader and hiring platform, to implement CLEAR1, the identity platform for businesses, to improve hiring trust and reduce manual screening. This innovative partnership will elevate the Greenhouse Real Talent solution by verifying the candidate behind the application. Together, CLEAR1 and Greenhouse will deliver an unprecedented layer of trust with a reusable identity, making candidate verification effortless and secure for organizations and applicants alike.

    Recruiters today face overwhelming candidate pipelines driven by remote work, economic uncertainty, and AI-fueled mass applications. AI has also brought on a surge in fake and fraudulent applications, including deepfakes and identity spoofing, which pose real risks, threatening data security and degrading the quality of hiring. Gartner predicts that by 2028, up to 25% of job applicants could be fraudulent, leveraging sophisticated AI tools to bypass standard hiring controls.

    Greenhouse Real Talent was designed to cut through this noise, applying AI-driven sorting and fraud detection so recruiters can focus on candidates who truly fit the role. With CLEAR1 embedded directly into Greenhouse workflows, teams will be able to verify candidates securely and efficiently. For candidates, the experience is as simple as snapping a selfie within their MyGreenhouse profile.

    “Greenhouse is committed to giving organizations confidence that every hire is the right hire,” said Daniel Chait, CEO of Greenhouse. “CLEAR is the gold standard of identity verification. By integrating it into Real Talent, candidates can have a fast and secure way to verify their identity, and customers can trust that their candidate pipelines are filled with real people—not bad actors.”

    “At CLEAR, we believe that identity is foundational to trust,” said Caryn Seidman Becker, CEO of CLEAR. “In an age where AI can create fake candidates as easily as real ones, our partnership with Greenhouse helps ensure that every applicant is a real person. By integrating CLEAR1 into the hiring process, we’re giving employers peace of mind—and real people a faster, more secure way to prove who they are.”

    With CLEAR1, Greenhouse Real Talent will enable:

    • An integrated approach to identity that matches a candidate’s selfie to their government-issued ID and corroborates details across trusted sources
    • Seamless verification across key touchpoints in the hiring process. Over 31 million existing CLEAR users verify instantly with a selfie, while new users enjoy the same experience after a quick, one-time setup — minimizing friction for both candidates and recruiters
    • Enhanced trust, with CLEAR meeting the highest standards for privacy and data protection. 89% of people agree that CLEAR represents security and trust.

    Key benefits for customers:

    • Know with certainty that candidates are authentic individuals, not AI-generated fakes or impersonators
    • Save recruiter time with smart filtering and verified candidates, so hiring efforts focus on the right people, in a fraction of the time it would take to do this manually
    • Reduce exposure to confidential data leaks and regulatory risk by minimizing fraudulent activity

    Key benefits for candidates:

    • A fast and secure way to verify their identity and build trust with recruiters
    • Verify in seconds if a candidate is already a CLEAR user
    • Built into the existing job application workflow through MyGreenhouse

    Availability

    The Greenhouse Real Talent + CLEAR1 integration will launch for select customers starting in Q3 2025, with expanded rollout and details to be announced soon. Stay updated here.

    About Greenhouse
    Greenhouse is the leading hiring platform to help companies get measurably better at hiring.

    With Greenhouse, organizations can cut recruiting costs and ensure every hire is the right hire, today and as their business grows. Our industry-leading, AI-powered software supports every stage of the hiring process, from sourcing to onboarding. As the only hiring platform you’ll ever need, Greenhouse combines our structured hiring approach – which enables internal alignment and confident data-backed decisions – with technology-forward tools to give companies everything they need to hire top talent quickly, consistently and fairly.

    We’ve helped over 7,500 companies across diverse industry verticals and scaling goals turn talent into a strategic advantage, so they can be ready to hire for what’s next. Some of the most successful companies, like HubSpot, Duolingo, Gong, J.D. Power and Scout24, use Greenhouse for data and guidance on the behaviors and capabilities they need to improve their overall hiring performance.

    Greenhouse has won numerous awards, including Fortune Best Workplaces, Inc. Magazine Best Workplace, Glassdoor #1 Best Place to Work, Forbes Cloud 100, Deloitte Technology Fast 500, Inc. 5000, Crain’s Best Places to Work NYC and Mogul’s Top 100 Workplaces for Diverse Representation.

    © 2025, Greenhouse Software, Inc. All rights reserved. “Hire for what’s next,” “The/Your all-together hiring platform,” “Talent Makers” and the G Logo are trademarks of Greenhouse Software, Inc.

    Writing about Greenhouse? We’ve got everything you need. For access to company logos, images, information and more, contact press@greenhouse.io.

    About CLEAR

    CLEAR’s mission is to strengthen security and create frictionless experiences. With over 31 million Members and a growing network of partners across the world, CLEAR’s identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit clearme.com.

    Forward-Looking Statements

    This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company’s filings within the Securities and Exchange Commission, including the sections titled “Risk Factors” in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.

    For media inquiries:
    media@clearme.com
    press@greenhouse.io

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI: KraneShares Expands Single-Stock Levered ETF Suite With 2X Investment Exposure to Mercado Libre (KMLI)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) — Krane Funds Advisors (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs), today announced the expansion of its Single-Stock Levered ETF Suite with the KraneShares 2X Long MELI Daily ETF (Ticker: KMLI), which listed today.

    KMLI seeks daily investment results, before expenses and fees, of 2 times (200%) the daily percentage change of Mercado Libre, a key player in the digitalization of commerce in the developing world.

    Mercado Libre is Latin America’s most popular E-Commerce platform, beating out Amazon in the region in terms of users.1 Mercado Libre helps power the digital transformation in 18 developing and middle-income countries through frictionless commerce and financial inclusion.2

    “Global consumer internet companies continue to represent an important growth theme, as internet adoption increases, especially in the developing world,” said James Maund, KraneShares Head of Capital Markets. “We are excited to expand our Single-Stock Levered ETF Suite with KMLI, whose underlying exposure, Mercado Libre, is a cornerstone of the digital transformation in Latin America. We hope to continue to expand the Suite to help our investors capitalize on the latest growth trends within international internet and technology markets.”

    The global middle class already accounts for two-thirds of global spending,3 and an increasing portion of that spending is occurring online. Mercado Libre is an innovative player facilitating this transition and stands to benefit substantially from increasing E-Commerce penetration rates in global markets.

    For more information on the KraneShares Single Stock Levered ETFs, please visit https://kraneshares.com/kmli or consult your financial advisor.

    Investors should be aware that they can lose their entire investment. Single-stock ETFs, unlike traditional ETFs that diversify across a range of stocks, focus solely on the performance of a single stock, significantly increasing investment risk. KraneShares Single Stock Levered ETFs aim for daily investment results that match 2x the daily performance of the underlying stock. Investors should be aware that returns may diverge from the stock’s actual performance if held for more than a day.

    Due to their leveraged nature, these funds require close monitoring, as they can magnify both potential gains and losses. A flat performance of the underlying stock may lead to a loss, and in certain scenarios, these funds can incur losses even when the stock price fluctuates positively or negatively over several days. Therefore, they are not suitable for every investor and are specifically intended for knowledgeable individuals who grasp the mechanics of leveraged investing and are willing to actively manage risks. Understanding volatility is essential, as minor stock movements and increased volatility can result in returns that significantly deviate from the expected target.

    About KraneShares

    KraneShares is a specialist investment manager focused on China, Climate, and Alternatives. KraneShares seeks to provide innovative, high-conviction, and first-to-market strategies based on the firm and its partners’ deep investing knowledge. KraneShares identifies and delivers groundbreaking capital market opportunities and believes investors should have cost-effective and transparent tools for attaining exposure to various asset classes. The firm was founded in 2013 and serves institutions and financial professionals globally. The firm is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).

    Citations:

    1. Westberg Peter. “Mercado Libre: The Digital Backbone of Latin America,” Quartr. January 3, 2025.
    2. Company Reports as of 12/31/2025.
    3. Data from Brookings Institution as of 12/31/2021.

    Important Notes:

    Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund’s full and summary prospectus, which may be obtained by visiting: www.kraneshares.com/kmli. Read the prospectus carefully before investing.

    Risk Disclosures:

    Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

    This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

    The Fund may invest in derivatives, which are often more volatile than other investments and may magnify Fund’s gains or losses. Derivatives (i.e., futures/forward contracts, swaps, and options) are contracts that derive their value from the performance of underlying assets. The primary risk of derivatives is that changes in the assets’ market values and the derivatives may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risks. The Fund is subject to liquidity risks, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If transactions for these securities are large, it may not be possible to initiate them, which may cause the Fund to suffer losses. Counterparty risks are the risks of loss in the event that the counterparties to an agreement fail to make required payments or otherwise comply with the terms of the derivatives.

    The Underlying Stocks are exposed to numerous risks that can impact their revenues and viability, such as price volatility, management, inflation, global economic conditions, and natural disasters. Their performances may be influenced by trends in commerce, cloud computing, international trade policies, and regulatory changes. The Fund’s daily returns rely on the Underlying Stocks’ performances and volatility. Issuer-specific factors may increase Fund investment volatility compared to the overall market. Mercado Libre faces risks from competition in E-Commerce, economic uncertainties, demand declines, revenue concentration, geopolitical events, intellectual property issues, exchange rates, reliance on third-party manufacturing, shortages, cybersecurity threats, system failures, rising costs, government regulations, compliance expenses, litigation, taxes, debt, and talent retention.

    The Fund aims for daily investment results of 200% of the daily percentage changes of the Underlying Stock. Their performances over longer periods will likely differ from the Underlying Stock due to compounded returns, which significantly affect leveraged funds. If the Underlying Stock perform poorly, the dollar losses for shareholders will be smaller if their investments have already decreased. Conversely, if the stocks perform well, future losses will be larger as the investment values have increased. Compounding effects become more pronounced with higher volatility and longer holding periods, impacting shareholders differently based on their investment durations and the stocks’ volatility. Various factors can impact the Fund’s correlations with Underlying Stocks, and achieving high correlations is not guaranteed. If the Fund fails to achieve correlation, they may not meet their investment objectives, with NAV changes varying significantly from 200% of the Underlying Stocks’ changes. To maintain correlations, the Fund’s attempt daily rebalancing for consistent exposures. Major deviations can increase leverage risks. Market disruptions and volatility can hinder the Fund’s ability to adjust. Target exposures fluctuate, making perfect 200% exposures unlikely, especially on volatile days. Other elements, like fees and market conditions, can also affect correlations. The Fund may change positions for tax efficiency, which could harm correlations. Large asset movements or trading discrepancies may lead to under- or overexposures, reducing the Fund’s ability to meet their daily objectives. The Fund uses leverage to gain investment exposure beyond their net assets, leading to potentially greater losses in adverse conditions than non-leveraged funds. A decline in the Underlying Stocks’ daily performance can magnify losses, decreasing the Fund’s value by 2% for each 1% drop, excluding costs. Losses could exceed net assets if the Underlying Stock falls over 50%. Due to limited investments, the Fund may need to limit or suspend the creation or redemption of Creation Units. During these times, shares might trade at significant premiums or discounts to their net asset values. If creations are halted, large redemptions could force the Fund to sell securities at unfavorable prices, increasing costs and taxable distributions to shareholders. The Underlying Stock is listed on an exchange, but an active trading market isn’t guaranteed, and trading can be halted. A halt in the Underlying Stock usually leads to a halt in the Fund’s shares. Trading may stop due to market conditions or exchange decisions, and halts can occur from extraordinary volatility under circuit breaker rules. Extended trading halts may hinder the Fund’s ability to arrange necessary swaps for its investment strategy.

    Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a single stock. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. KMLI is non-diversified.

    The Latin American economy is an emerging market, vulnerable to domestic and regional economic and political changes, often showing more volatility than developed markets. Companies face risks from potential government interventions, and the export-driven economy is sensitive to downturns in key trading partners, impacting the Fund. Regulatory standards in these markets are less stringent than in the U.S., resulting in limited information about issuers. Tax laws are unclear and subject to change, potentially impacting the Fund and leading to unexpected liabilities for foreign investors. The economies of certain Latin American countries have experienced high interest rates, economic volatility, inflation, and high unemployment rates. Fluctuations in the currencies of foreign countries may have an adverse effect on domestic currency values. The Fund is new and does not yet have a significant number of shares outstanding. If the Fund does not grow in size, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a trading halt.

    ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

    The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Fund, or any sub-advisers for the Fund.

    Contact:
    KraneShares Investor Relations
    info@kraneshares.com

    The MIL Network

  • MIL-OSI: FBI Special Agent Chris Wong Joins TRM Labs

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 12, 2025 (GLOBE NEWSWIRE) — Christopher Wong, one of the Federal Bureau of Investigation (FBI)’s foremost experts on cryptocurrency investigations, has joined TRM Labs.

    Wong served with the FBI for ten years, most recently as a Supervisory Special Agent in the Bureau’s Virtual Assets Unit. In that role, he led and supported some of the most complex cryptocurrency-related investigations in US law enforcement, including multi-year efforts to disrupt North Korea’s use of digital assets to finance its weapons programs.

    Wong, in partnership with now-TRM colleague Chris Janczewski — then a special agent with IRS-Criminal Investigation — led the FBI’s investigation into the 2016 Bitfinex hack, resulting in the recovery of approximately USD 3.6 billion in cryptocurrency, the largest seizure in US history. He also played a critical role in the US government’s response to the USD 600 million Axie Infinity Ronin Bridge hack, attributed to North Korea’s Lazarus Group. That incident became a watershed moment in US national security policy on crypto threats, driving a coordinated interagency response and leading to the first-ever sanctions on cryptocurrency mixing services.

    Most recently, Wong supported the Department of Justice’s civil forfeiture action involving over USD 7.7 million in cryptocurrency linked to a North Korean IT worker laundering network. That investigation uncovered a sophisticated global scheme in which DPRK operatives used false identities to gain employment in the tech sector and funnel illicit earnings back to Pyongyang.

    In addition to his investigative work, Wong has trained law enforcement, prosecutors, and judges in dozens of countries, helping to build international capacity to respond to crypto-enabled crime.

    “I’m incredibly proud of the mission I served at the FBI — supporting agents, partners, and prosecutors as we tackled some of the most impactful crypto investigations in the world,” said Wong. “At TRM, I have the opportunity to continue that mission — this time by helping amplify the work law enforcement is doing globally to disrupt illicit finance and protect victims.”

    “Chris is one of the most respected agents in the space,” said Esteban Castaño, co-founder and CEO of TRM Labs. “He combines elite investigative skill with a deep sense of purpose, and his work has shaped how governments respond to nation-state cyber threats and financial crime. We’re honored to welcome him to TRM as we expand our support for public sector partners and the broader mission of safeguarding the financial system.”

    Wong joins a growing team of former law enforcement and national security officials at TRM Labs working to detect, investigate, and prevent illicit activity involving digital assets.

    About TRM Labs

    TRM Labs provides blockchain analytics solutions to help law enforcement and national security agencies, financial institutions, and cryptocurrency businesses detect, investigate, and disrupt crypto-related fraud and financial crime. TRM’s blockchain intelligence platform includes solutions to trace the source and destination of funds, identify illicit activity, build cases, and construct an operating picture of threats. TRM is trusted by leading agencies and businesses worldwide who rely on TRM to enable a safer, more secure crypto ecosystem. TRM is based in San Francisco, CA, and is hiring across engineering, product, sales, and data science. To learn more, visit www.trmlabs.com.

    Contact: press@trmlabs.com

    The MIL Network

  • MIL-OSI: Oyster Solutions To Add CAT Reporting Agent Services To CAT, CAIS Modules

    Source: GlobeNewswire (MIL-OSI)

    RICHMOND, Va., June 12, 2025 (GLOBE NEWSWIRE) — Oyster Solutions, the premier provider of GRC software for financial services firms, announced that it will be offering Consolidated Audit Trail (CAT) Reporting Agent services. This designation will further strengthen the platform’s ability to support clients with end-to-end CAT and CAIS compliance and reporting solutions in one central program.

    The Oyster Solutions CAT and CAIS modules are built on the success of Oyster Solutions’ previous investments into governance, risk and compliance technologies, which to date have helped financial services professionals improve the efficiency and accuracy of their compliance programs.

    Users of the Oyster Solutions CAT/CAIS modules also benefit from direct access to Oyster Consulting’s experts, who provide strategic guidance, regulatory insight, and hands-on support to optimize reporting accuracy and ensure ongoing compliance.

    The Consolidated Audit Trail (CAT) Module

    The Oyster Solutions CAT module consolidates CAT reporting events, error analysis, and validation data into a central program. It finds mistakes, connections, and holes, and quickly fixes them in large quantities that the FINRA CAT Portal cannot. This powerful application helps identify errors, connections, and missing information in vendor data and CAT-reported data, making the reporting process easier and more efficient for you.

    Unlike many of its competitors, the Oyster Solutions CAT module provides CAT file aggregation into a single surveillance platform. This includes:

    • Unlimited CAT/CAIS reporting data files data
    • Unlimited CAT/CAIS FINRA CAT Feedback Files data files
    • Unlimited CAT/CAIS Source files to validate CAT/CAIS report submission files*

    CAT Transactional reporting validation, correction and reconciliation features include:

    • CAT Transactional product and event type aggregation tabs
    • Named error identification and support
    • Automated identification of error events and related audit trail events for research
    • Syntax or field level validation
    • Bulk repair utilities not offered in the FINRA CAT portal
    • Accepted late event identification
    • Source file validation
    • Built-in validations for error corrections and new event creation

    CAIS Module

    The Oyster Solutions CAIS Reporting module helps firms achieve compliance with the full FINRA CAIS Reporting Obligation. The CAIS module uses a web-based GUI that provides firms with practical data so users can efficiently identify, monitor, and manage errors which may impact their report.

    Unlike many of its competitors, the Oyster Solutions CAIS module allows firms to have all CAT transaction and CAIS reporting data in single application. The CAIS module also provides:

    • Efficiency improvements related to centralized data aggregation and enhanced report validation
    • The same research capabilities as in the CAT transactional module (see above)
    • Account and Customer concentric data views
    • Multi-level FDID Reconciliation
    • Material inconsistency feedback efficiencies
    • CAIS reporting history that allows you to track reporting updates
    • LTID and ULTID reporting management

    CAT/CAIS Surveillance

    Over 100 pre-formatted reports provide graphic and sequential displays of data so you can quickly search, sort and filter. Customizable data views allowing limitless sorting/filtering of all reporting data elements, as well as a FINRA CAT technical specification view of reporting events, a linkage tree view showing complete intrafirm audit trail and Dynamic reporting event information grids.

    Streamlined Compliance

    In addition to these popular features that set Oyster Solutions apart, core features of the platform allow you to tailor entitlements and governance, track open issues, upload documentation, and import and export documentation. Audit functions allow you to provide surveillance evidence.

    • Trade Surveillance and Supervision. Oyster Solutions’ Monitor module is specifically designed for the distinct workflows, procedures, and requirements intrinsic to regulatory supervision and surveillance demands. Compliance and Trade Desk teams can leverage Oyster Solutions to compare client activity, profile and investment holdings to employee information, identifying conflicts of interest, compliance parameters and risk tolerance.
    • Governance and Planning. The Oyster Solutions Governance module helps financial services firms define and quantify risk, matching risks to controls, and monitoring process. Oyster Solutions keeps business and controls balanced while meeting regulatory requirements. Role-based permissions allow for visibility by user responsibility, assigned tasks, and supervision to guarantee efficient compliance program management.
    • Centralized documentation allows compliance officers to easily find and retrieve documents, audit logs, test results and attestations.
    • Automated Workflows & Calendar. With the platform’s enhanced, automated calendar, you can schedule compliance workflows, notify users of tasks and guide employees step-by-step through the process. You have visibility into each automated action that will occur, giving you control and peace of mind.

    Data Security

    Oyster Solutions is committed to the security of our customers and their data. Our customers entrust sensitive data to our care. As a cloud-based company entrusted with some of our customers’ most valuable data, we are focused on keeping you and your data safe. Keeping customer data safe is our priority. Oyster Solutions utilizes a Software-as-a-Service (SaaS) model in which security is a shared responsibility among Amazon Web Services (AWS), Oyster Solutions and our customers.

    Additionally, Oyster Solutions’ role-based access ensures that only authorized users have visibility into sensitive client information. Administrators assign appropriate privileges, safeguarding sensitive person identifying information (PII) while enhancing compliance with regulatory requirements.

    About Oyster Solutions

    Oyster Solutions is transforming the compliance experience for broker-dealers, Registered Investment Advisors and exchanges by creating the industry’s leading GRC technologies for financial services firms—to keep firms and their clients better protected. Firms of all sizes use Oyster Solutions to manage their compliance programs, streamline tasks through automation, and improve trade surveillance and supervision. Oyster Solutions and Oyster Consulting LLC are subsidiaries of Oyster Holdings. Learn more at https://www.oysterllc.com/what-we-do/oyster-solutions/.

    Contact

    Buddy Doyle
    Founder, CEO Oyster Consulting LLC

    communications@oysterllc.com

    804-965-5400

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b2916e4c-a90b-41d2-a0fb-a2bd2cece419

    The MIL Network

  • MIL-OSI Africa: Can the African Energy Bank Transform the Continent’s Refining and Downstream Future?


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    Set to launch in June 2025 with an initial $5 billion in capital, the African Energy Bank (AEB) is positioned to catalyze a shift in Africa’s energy sector. Established by the African Petroleum Producers’ Organization (APPO) in partnership with multilateral financial institution Afreximbank, the AEB aims to mobilize capital for upstream, midstream and downstream energy projects, addressing a continent-wide investment shortfall estimated at up to $50 billion annually. By providing accessible, Africa-focused financing, the AEB is expected to reduce dependency on foreign capital and imports, especially in the downstream sector where over 80% of refined petroleum products are currently imported.

    The AEB’s role in advancing refining capacity and downstream development will take center stage at this year’s African Energy Week (AEW): Invest in African Energies 2025 conference – taking place from September 29 to October 3 in Cape Town. As Africa’s premier platform for energy dialogue and investment, AEW: Invest in African Energies 2025 will spotlight the AEB’s potential to transform Africa’s energy landscape.

    Driving Refining Capacity Through Local Investment

    Despite holding over 125 billion barrels of oil and 620 trillion cubic feet of natural gas, Africa continues to struggle with insufficient refining capacity, forcing nations to export crude oil and re-import refined products at a premium. Institutions such as the African Refiners and Distributors Association (ARDA) have long-advocated for investment in modernizing and expanding Africa’s refining infrastructure. Current projections indicate that African petroleum demand will increase from 4.1 million barrels per day (bpd) to 5.3 million bpd by 2040 – a trend that underscores the urgency of building self-sufficient refining systems.

    As such, the AEB – headquartered in Abuja, Nigeria and scheduled to begin operations in the second quarter of 2025 – is uniquely positioned to support strategic investment across Africa’s downstream and refining sectors. With an ambition to grow its asset base to $120 billion, the bank is positioned to unlock domestic value chains and catalyze large-scale projects that meet the continent’s rising demand for petroleum.

    Momentum in Downstream Expansion

    Recent developments across the continent reflect growing momentum to scale refining capacity. Angola expects phase one of the Cabinda refinery to begin operations in 2025, bringing 60,000 bpd to the market. The country has a goal to increase capacity to 445,000 bpd and is on track to reduce imports of derivatives by 14% by 2026. Nigeria’s 650,000-bpd Dangote Refinery began producing diesel and aviation fuel in 2024, marking a significant milestone for domestic processing. Similarly, upgrades to the Port Harcourt Refinery and ongoing expansion to Ghana’s Sentuo Oil Refinery highlight national efforts to meet growing demand.

    Equatorial Guinea’s recent agreement with Shanghai SupeZet to build a new refinery and expand the Bata facility further illustrates the strategic push toward local processing. These efforts not only reduce import dependency but also create jobs, enhance energy security and promote regional trade in refined products.

    Aligning Regional Integration and Investment

    Africa’s refining and energy infrastructure ambitions are closely tied to broader goals of economic integration. The African Continental Free Trade Agreement, ratified by more than 48 countries, creates a platform for cross-border energy projects by removing trade barriers and harmonizing investment policies. It also supports the development of regional supply chains, enhancing the commercial viability of shared infrastructure.

    The AEB will play a central role in supporting these regional ambitions by working with over 700 African financial institutions and APPO member states to channel funding into integrated, cross-border energy systems. By reducing the time, cost and risk associated with project development, the bank could accelerate the pace of infrastructure buildout across the continent.

    Distributed by APO Group on behalf of African Energy Chamber.

    About African Energy Week:
    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    MIL OSI Africa

  • MIL-OSI: DNO Completes Transformative North Sea Acquisition

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 12 June 2025 – DNO ASA, the Norwegian oil and gas operator, today announced the completion of the acquisition of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of USD 1.6 billion.

    The acquired portfolio comprises 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd). The Company’s North Sea proven and probable (2P) reserves swell to 189 million barrels of oil equivalent (MMboe), also a fourfold increase. Contingent resources (2C) total 316 MMboe.

    Following the acquisition, Norway and the United Kingdom represent nearly 60 percent of the Company’s global production and about 45 percent of its global reserves, with the balance predominantly in the Kurdistan region of Iraq.

    “The Sval Energi assets provided a rare opportunity to significantly upsize DNO’s North Sea operations and, of course, DNO itself,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. “And we moved quickly to seal the deal,” he added.

    Halvor Engebretsen, Sval Energi’s Chief Executive Officer, will lead the enlarged North Sea business as Managing Director, DNO Norge AS.                  

    Supported by ongoing field development projects with multiple discoveries currently being matured for project sanction, DNO is well placed to grow North Sea production organically in the years ahead. The combined North Sea 2P reserves and 2C resources equal 15 years of production at the current run rate.

    In addition to ferreting out other acquisition targets, the Company is focused like a laser on breaking from the pack and accelerating development and monetization of its numerous discoveries in Norway.

    “It takes most Norwegian oil companies a ridiculously long eight to ten years to bring a discovery to first production, even with simple subsea tiebacks to existing platforms,” said Mr. Mossavar-Rahmani. “Compare that to the two to three years, if that, to execute this task in other established basins,” he continued.

    DNO last week raised USD 400 million in hybrid bonds towards the acquisition.

    Outside of the North Sea, DNO continues to deliver solid operations. In Kurdistan, DNO has maintained production from its flagship Tawke license (75 percent and operator) at about 80,000 boepd (60,000 boepd net working interest) with minimal new investment. Its Côte d’Ivoire gas assets steadily produce over 3,000 boepd net to DNO. Four development wells and one exploration well are planned in 2025-26.

    – 

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    – 

    DNO ASA is a leading Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI: Zinemx Launches AI-Powered Risk Control System to Prevent Abnormal Trading Risks

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 12, 2025 (GLOBE NEWSWIRE) — Zinemx Exchange recently announced in its latest technical update that it has launched a new AI-powered risk control system capable of real-time monitoring and identification of abnormal trading activities, effectively mitigating market manipulation and scam risks. This innovative system integrates multi-factor authentication (MFA), zero trust access control (ZTA), and intelligent anti-scam mechanisms, enabling automatic detection of suspicious transactions and prompt implementation of additional security measures such as secondary verification.

    With the rapid development of the cryptocurrency market, incidents of abnormal trading and market manipulation have become increasingly frequent, posing significant threats to investors. The AI risk control system at Zinemx leverages advanced machine learning algorithms to continuously monitor user trading behavior, analyze market trends, and accurately identify irregular transactions. Upon detecting potentially suspicious activities, the system swiftly initiates appropriate responses to ensure the security of user funds and the integrity of the trading environment.

    To further enhance account security, the risk control framework of Zinemx incorporates a robust multi-factor authentication mechanism. Users are required to complete multi-factor verification when performing high-risk operations such as large transactions or account modifications, ensuring that all sensitive actions originate from trusted sources.

    Zero trust access control (ZTA) is another key feature of this security upgrade. This approach ensures that only strictly authorized users and devices can access the Zinemx trading system, thereby reducing security risks associated with account breaches or device vulnerabilities. Real-time device identification, IP address monitoring, and dynamic adjustment of access permissions guarantee that every access attempt undergoes rigorous scrutiny. Additionally, users are empowered to customize their own security settings, including transaction limits and IP access restrictions, further strengthening personal account protection.

    The AI-powered risk control system not only enhances the overall security of crypto trading but also provides investors with a more stable trading environment. Looking ahead, Zinemx Exchange will continue to optimize its risk management framework by introducing cutting-edge intelligent analytics and refining its risk control strategies to ensure that platform operations remain compliant with global regulatory standards.

    Media Contact: support@zinemx.org

    Disclaimer: This press release is provided by Zinemx Exchange. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    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 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0436b6a9-ed48-4185-82a7-8be4eebd5bbc

    The MIL Network

  • MIL-OSI: Zinemx Establishes International Compliance Centers to Advance Global Compliance Framework

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 12, 2025 (GLOBE NEWSWIRE) — Amid the wave of regulatory changes in the cryptocurrency market, Zinemx Exchange recently announced new developments in its compliance initiatives. The platform has established compliance centers in several major markets and expanded its compliance team by over 100 members. Treating compliance as a top priority, Zinemx is actively building a more comprehensive compliance system to address the complexities of the global crypto landscape.

    As many countries introduce new regulatory policies, compliance has become a critical pillar for the long-term development of crypto enterprises. Zinemx Exchange has responded swiftly to industry compliance trends by building a network of cross-border compliance centers and investing significant resources in human capital, technological support, and policy adaptation, thereby creating a widely adaptable compliance ecosystem.

    Currently, Zinemx has completed the deployment of compliance centers in major markets such as the United States, establishing local compliance teams and data compliance monitoring networks. At the institutional level, Zinemx has built a robust compliance management system. Comprehensive identity verification processes, blockchain-native on-chain anti-money laundering monitoring tools, and AI-powered anti-scam systems have all significantly enhanced the global compliance capabilities of the platform.

    Zinemx believes that globalization and localization are mutually reinforcing. The establishment of international compliance centers essentially represents an upgrade in local service capabilities. The platform plans to replicate its compliance center strategy in more markets, including Europe and Southeast Asia, by forming diversified teams specializing in policy analysis, compliance training, legal research, and data protection. This forward-looking and execution-driven compliance expansion strategy has become a key advantage for Zinemx in attracting global investors.

    Looking ahead, Zinemx Exchange will continue to build a more robust compliance framework, working closely with international financial regulatory authorities to set new industry standards in compliant operations, investor protection, and market transparency. As crypto regulations become increasingly stringent, compliant crypto trading platforms will gain greater competitive advantages. Zinemx is steadily advancing its international market presence, committed to creating a compliant and secure crypto trading ecosystem.

    Media Contact: support@zinemx.org

    Disclaimer: This press release is provided by Zinemx Exchange. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    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 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.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b0352b3d-ea1b-49c9-8e78-742930b1b418

    The MIL Network

  • PM Modi, world leaders react after Air India plane with 242 on board crashes in Ahmedabad

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi has expressed deep shock over the Air India plane crash in Ahmedabad, describing the incident as “heartbreaking beyond words.”

    “The tragedy in Ahmedabad has stunned and saddened us. It is heartbreaking beyond words. In this sad hour, my thoughts are with everyone affected by it. I have been in touch with ministers and authorities who are working to assist those affected,” PM Modi said in a post on X on Thursday.

    An Air India plane headed to London with 242 people on board crashed minutes after taking off from Sardar Vallabhbhai Patel International Airport in Ahmedabad on Thursday, airline and police officials said.

    The Directorate General of Civil Aviation (DGCA) confirmed that the Boeing 787-8 aircraft, registered as VT-ANB, was operating Flight AI-171 to Gatwick Airport when it went down shortly after departure. The aircraft was carrying 2 pilots, 10 cabin crew members, and 230 passengers.

    Finance Minister Nirmala Sitharaman also expressed her heartfelt condolences following the crash of an Air India aircraft near Ahmedabad Airport, which was carrying 242 people, including crew members.

    “Distressed on hearing about the flight crash in Ahmedabad. My prayers are with all families and friends of those on board the flight,” said Sitharaman.

    Commerce and Industry Minister Piyush Goyal said he was “deeply pained to learn about the plane crash in Ahmedabad.”

    “I convey my deepest condolences to the families of those who have lost their loved ones. We stand firmly with those grieving and pray for the quick recovery of the injured. Om Shanti,” he posted.

    Offering his condolences, UK Prime Minister Keir Starmer said his thoughts were with the passengers and their families.

    “The scenes emerging of a London-bound plane carrying many British nationals crashing in the Indian city of Ahmedabad are devastating,” Starmer wrote on X.
    “I am being kept updated as the situation develops, and my thoughts are with the passengers and their families at this deeply distressing time,” he added.

    British Foreign Minister David Lammy said he was deeply saddened by the news and that the UK was working with Indian authorities.

    “Deeply saddened by news of a devastating plane crash in Ahmedabad, India,” Lammy said on X. “My thoughts are with all those affected. The UK is working with local authorities in India to urgently establish the facts and provide support.”

    Speaking later in the British Parliament, Lammy said the UK had activated a crisis team in both India’s capital, New Delhi, and in London.

    Ukrainian President Volodymyr Zelenskyy also extended his condolences.
    “Horrible news of a passenger plane crash in India. My deepest condolences to Prime Minister @narendramodi and the entire people of India on this tragic day. Our thoughts are with all victims’ relatives and close ones in India, the UK, Portugal, and Canada. We share your shock and grief. We pray for as many lives to be saved as possible and wish a speedy recovery to the injured,” he said in a post on X.

    The Airports Authority of India (AAI) said an operational control room had been activated “to oversee and coordinate all necessary response measures.”

    It also shared emergency contact numbers for assistance and information: the Delhi control room can be reached at 011-24610843 and 9650391859, while the Ahmedabad control room can be contacted at 9978405304 and 079-23251900.

  • MIL-OSI New Zealand: Concerns about ongoing Cook Strait ferry issues

    Source: Maritime Union of New Zealand

    The Maritime Union of New Zealand says the Cook Strait ferry service is struggling, with the entire Interislander fleet currently either suffering breakdowns, wave damage or being taken out of service for audit.

    Maritime Union of New Zealand National Secretary Carl Findlay says the vital transport link is hanging by a thread, with ongoing disruption.

    He says the Aratere has once again experienced technical issues, following engine shaft problems in Picton on Wednesday evening that caused several hours of delays. Crew members and passengers had to remain on board before being able to disembark in Wellington.

    Over the previous weekend, Kaiarahi had its bow door damaged in rough seas, which will be welded shut to allow it to continue to operate until a scheduled dry dock in Singapore in July.

    Kaitaki is being pulled from service this weekend for a Maritime NZ audit.

    KiwiRail announced in May 2025 it would remove the rail-enabled Aratere ferry from service in August 2025, and is now seeking to cut 70 jobs for MUNZ members in the deck and catering departments on the Aratere.

    Mr Findlay says the Union had flagged the dangers of removing a key vessel from service, and the current situation showed that KiwiRail needed to rethink their plan.

    He says technical problems with Cook Strait ferries extended to the private operator Strait Shipping, and had their roots in a failure to invest in modern shipping and infrastructure by the Government and private operators.

    Mr Findlay says the cancellation of the iRex project by Finance Minister Nicola Willis was going to cause years of disruption as the iRex ferries would have been entering into service over the next year or two.

    New ferries announced by Minister of Rail Winston Peters are now not expected until at least 2029.

    MIL OSI New Zealand News

  • MIL-OSI Economics: Thales ranked No.1 most attractive employer among engineering students in France in 2025

    Source: Thales Group

    Headline: Thales ranked No.1 most attractive employer among engineering students in France in 2025

    Thales has secured the top spot in the 2025 ranking of the most attractive employers for engineering students in France, in a survey conducted by the Universum research institute. The survey covered 23,376 students, including 11,556 from engineering schools. Thales also ranked 4th among IT students.

    Students notably praised the Group’s capacity for innovation and the wide range of career development opportunities it offers.
    ​As a global leader in high technology across Defence, Aerospace, Cybersecurity and Digital Identity, Thales provides the opportunity to work in critical environments involving artificial intelligence, quantum technologies or cloud computing. The company offers a very broad array of career paths, backed by a strong industrial and academic presence across 68 countries. For the past three years, Thales has also invested heavily in a global upskilling initiative called the “Learning Company” programme, delivered by 2,000 in-house trainers. It brings together 13 Domain Academies (Radar, Radio, Naval, Tubes, Pyrotechnics…) and 19 Functional Academies (Engineering, Industry, HR, Finance, Communications…).

    The preference expressed by young engineering students for Thales also reflects the Group’s efforts to reach out to younger generations. Last year, Thales engaged with over 150,000 young people through 600 events. In 2025, in France alone, the Group expects to welcome more than 3,000 interns and apprentices in higher education, with around 25% going on to secure permanent or fixed-term roles. Nearly 1,500 students in Year 10 and Year 11 will also be welcomed for short-term work experience across around 40 Thales sites in mainland France, helping to spark interest in science and technology careers.

    “Attracting engineers – and diverse talent more broadly – to Thales is essential to staying at the forefront of innovation. We firmly believe that mathematics and science are key to understanding the world around us and tackling society’s greatest challenges. Joining Thales means continuing to learn throughout your career and helping to address the major societal challenges we are working on through our activities.”
    Patrice Caine, Chairman & CEO of Thales

    Interested candidates can learn more and apply online at
    https://careers.thalesgroup.com/global/en

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Cultural and Creative Industries Development Agency leads industry delegation to participate in Annecy International Animation Film Festival and Market 2025 in France

    Source: Hong Kong Government special administrative region

    Cultural and Creative Industries Development Agency leads industry delegation to participate in Annecy International Animation Film Festival and Market 2025 in FranceIssued at HKT 16:40

    The Cultural and Creative Industries Development Agency (CCIDA) of the Culture, Sports and Tourism Bureau led an industry delegation to participate in the Annecy International Animation Film Festival and Market 2025 in France and joined forces with the Hong Kong Digital Entertainment Association (HKDEA) to set up the Hong Kong Pavilion themed “AI-assisted Animation Production” and organised a series of activities, with the aim of increasing overseas exposure of Hong Kong original animation works and creative teams, enhancing their reach in market development, and enabling them to explore collaboration opportunities.

    As the international animation film festival with a rich history and the largest scale of its kind, the Annecy International Animation Film Festival commands high respect from the global animation industry. Its film market, the Annecy International Animation Film Market, is a prominent annual business-oriented exhibition that takes place from June 10 to 13 (Annecy time). In the opening ceremony of the Hong Kong Pavilion held on June 10, the Assistant Commissioner for Cultural and Creative Industries, Mrs Lowell Cho, expressed hope that through a series of activities during this promotion, the CCIDA and the industry join hands to promote Hong Kong animation works to the animation industry professionals and audiences from all over the world, hence enabling the original animation by Hong Kong to shine bright on the international stage and to strive for opportunities to strengthen ties with global industry counterparts. She also warmly congratulated the film “Another World”, funded by the Film Development Fund (FDF) and produced by an animation creative team from Hong Kong, for being selected for the non-competitive section of the Annecy International Animation Film Festival 2025 and that it will be screened at the “Midnight Specials” session on the evening of June 13 (Annecy time). “Another World” brings international recognition, which serves as a significant booster for the Hong Kong animation industry, showcasing the global appreciation for Hong Kong animation.

    The Hong Kong animation film “Another World” is directed by Tommy Ng, and produced and scripted by Polly Yeung. The production team attended the Annecy International Animation Film Festival in person to engage with audiences and industry counterparts. In 2019, the team participated in the sixth Animation Support Program, a project funded by the CCIDA through the CreateSmart Initiative (CSI), and was granted a subsidy to initiate the production of the short version of “Another World”, which won the Gold Award under the Small Animation Enterprises (Advanced Production) category. Subsequently, the team, with its proposal to develop “Another World” into a feature-length animation film, successfully applied for the Film Production Financing Scheme under the FDF and was granted the subsidy to bring the debut animation feature film directed by Ng into fruition, paving the way for the film’s global premiere at the Annecy International Animation Film Festival. Yeung was also invited by the Hong Kong Film Development Council to participate in the 81st Venice International Film Festival in Italy and the 78th Cannes Film Festival in France to seek production investment, attend various producer matching activities, and exchange ideas with filmmakers from all over the world, increasing publicity for “Another World” and opening doors for overseas distribution of the film project.

    During the exhibition period, a series of networking and exchange activities were launched at the Hong Kong Pavilion, and six short original animated works created with AI assistance were also showcased, demonstrating to the international market the creativity and unique charisma of Hong Kong productions. The Hong Kong Partner Pitches was held on June 11, where the six Hong Kong companies selected under the 2nd Future Animation – AI-assisted Animation Production Support Scheme organised by the HKDEA and sponsored by the CCIDA, namely 924 Studio Limited, Astro Heart Limited, Free-D Workshop, ManyMany Creations Ltd, Morph Workshop and Stepc, conducted exchanges with elite animation companies from all over the world. They took the opportunity to broaden their horizons, enhance their promotion to overseas practitioners and investors, and pursue more collaboration possibilities.

    The Animation Support Program, a government-funded project under the CSI, is now in its 12th edition. It focuses on supporting local start-ups and small animation companies and cultivating local animation talent. Over the years, it has assisted more than 250 local animation companies and enabled them to produce more than 270 original animation works. As a scheme under the FDF with the longest history and well-received by the film industry, the Film Production Financing Scheme aims to provide government financing for film productions with small-to-medium production budgets. As of the end of May 2025, approved films have received more than 150 local and international film awards.

    Ends/Thursday, June 12, 2025
    Issued at HKT 16:40

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: expert reaction to London-bound passenger plane crashing shortly after take-off in India

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on a London-bound Boeing 787-8 aircraft crashing shortly after take-off in India. 

    Prof Graham Braithwaite, Director of Aerospace and Aviation, Cranfield University, said:

    What do we know about the situation so far?

    “The aircraft involved is an 11-year-old Boeing 787-8 Dreamliner. This is the first major accident involving the 787.

    “At this point we don’t know whether there are any survivors or whether there have been any casualties on the ground.

    What don’t we know and are waiting to find out?

    “At this stage the focus will be on search and rescue at the site. For the airline, they will be focused on caring for family members and friends at both the departure airport and destination. Until the manifest is confirmed, they will be dealing with a very high number of enquiries from concerned friends and families. Early information about the accident is unlikely to be accurate so even though people will look at tools like FlightRadar 24, it won’t tell us anything about the “why it happened”. We should be very careful not to speculate on cause when there is so little reliable information available.

    Is it unusual for a plane crash to occur so soon after take-off?

    “Yes. Although take off is a critical stage of flight, aircraft accidents are incredibly rare, especially involving modern aircraft types such as the Boeing 787. Take off is a critical stage because the aircraft is still accelerating and any problem-solving requires a rapid response.

    Any other information you think is relevant for journalists to know.

    “The accident will be investigated by the Indian Aircraft Accident Investigation Bureau – an organisation which is independent from the aviation regulator, and which is focused on ‘not for blame’ safety investigations. This is governed by an international standard known as ICAO Annex 13. Under that, participants will include the US National Transportation Safety Board as the State of Manufacturer. Stated with a significant number of people on board will also have a right to participate so I would expect the UK Air Accidents Investigation Branch to be involved.”

    Declared interests

    No reply to our request for DOIs was received.

    MIL OSI United Kingdom