Category: Finance

  • MIL-OSI: Cryptocurrency prices are soaring. Use LET Mining cloud mining to make your digital assets more profitable.

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 11, 2025 (GLOBE NEWSWIRE) — The cryptocurrency-friendly policies released by the United States have triggered a wave of digital assets. The current price of Bitcoin is $118,131, and the rise of Bitcoin has also spread to other cryptocurrencies.

    When the market value of Bitcoin reached $100 billion to $200 billion, few experienced capital allocators had access to investment opportunities. Today, the market value of Bitcoin has reached trillions of dollars, and almost all capital allocators in the world have access to investment opportunities.

    But now simply holding cryptocurrencies and waiting for appreciation can no longer create wealth myths. The cloud mining service launched by LET Mining provides global users with a low-threshold, high-return participation method, allowing users to have high returns every day and create new wealth myths!

    What is cloud mining?
    Cloud mining is a way for users to participate in cryptocurrency mining remotely without purchasing mining machines or having a technical background. It uses the concept of “cloud computing” to deploy mining equipment in professional data centers. Users only need to rent computing power online to get automatic daily income.

    Whether you know about cryptocurrency or not, you can participate and get fixed income every day.

    How to start using LET Mining to earn income every day?
    1. Use a browser to log in to the official website:https://letmining.com/ Register an account. After successful registration, you can get a $12 reward, and you can get $0.6 for logging in and signing in every day.

    2. Choose a cloud computing contract package that suits you. The platform provides flexible packages. The following are some cloud computing packages:

    ●Experience Contract: Investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8
    ●BTC Classic Hash Power: Investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30
    ●DOGE Classic Hash Power: Investment amount: $3,500, contract period: 24 days, daily income of $50.4, expiration income: $3,500 + $1,209.6
    ●BTC Advanced Hash Power: Investment amount: $5,000, contract period: 29 days, daily income of $76.5, expiration income: $5,000 + $2,218.5
    ●BTC Advanced Hash Power: Investment amount: $10,000, contract period: 45 days, daily income of $173, expiration income: $10,000 + $7,785

    (Click here to view more high-yield contract details)

    3. After purchasing the contract, the system automatically allocates mining machines for users to mine, and the daily income is automatically sent to the user’s account.

    Who is suitable to join LET Mining?
    ★Investors who want stable crypto income;
    ★Newbies who are not good at trading but want to earn bonuses in the currency circle;
    ★People who hold mainstream cryptocurrencies such as USDT, BTC, and XRP;
    ★Freelancers and digital nomads who want to establish a passive income system;
    ★People who have social resources and are willing to achieve high income through referral models.

    The surge in Bitcoin prices is a signal from the market;
    LET Mining cloud mining is your tool to seize the opportunity.

    The rising trend of Bitcoin has created an excellent opportunity for cloud mining, and LET Mining’s low threshold and high return model allows ordinary investors to participate. Through a reasonable computing power investment strategy, some users have achieved amazing daily returns!

    Sign up for LET Mining now and start your Bitcoin mining wealth journey!

    Official website: https://letmining.com/ 
    Contact email: info@letmining.com

    Attachment

    The MIL Network

  • MIL-OSI: Cryptocurrency prices are soaring. Use LET Mining cloud mining to make your digital assets more profitable.

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 11, 2025 (GLOBE NEWSWIRE) — The cryptocurrency-friendly policies released by the United States have triggered a wave of digital assets. The current price of Bitcoin is $118,131, and the rise of Bitcoin has also spread to other cryptocurrencies.

    When the market value of Bitcoin reached $100 billion to $200 billion, few experienced capital allocators had access to investment opportunities. Today, the market value of Bitcoin has reached trillions of dollars, and almost all capital allocators in the world have access to investment opportunities.

    But now simply holding cryptocurrencies and waiting for appreciation can no longer create wealth myths. The cloud mining service launched by LET Mining provides global users with a low-threshold, high-return participation method, allowing users to have high returns every day and create new wealth myths!

    What is cloud mining?
    Cloud mining is a way for users to participate in cryptocurrency mining remotely without purchasing mining machines or having a technical background. It uses the concept of “cloud computing” to deploy mining equipment in professional data centers. Users only need to rent computing power online to get automatic daily income.

    Whether you know about cryptocurrency or not, you can participate and get fixed income every day.

    How to start using LET Mining to earn income every day?
    1. Use a browser to log in to the official website:https://letmining.com/ Register an account. After successful registration, you can get a $12 reward, and you can get $0.6 for logging in and signing in every day.

    2. Choose a cloud computing contract package that suits you. The platform provides flexible packages. The following are some cloud computing packages:

    ●Experience Contract: Investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8
    ●BTC Classic Hash Power: Investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30
    ●DOGE Classic Hash Power: Investment amount: $3,500, contract period: 24 days, daily income of $50.4, expiration income: $3,500 + $1,209.6
    ●BTC Advanced Hash Power: Investment amount: $5,000, contract period: 29 days, daily income of $76.5, expiration income: $5,000 + $2,218.5
    ●BTC Advanced Hash Power: Investment amount: $10,000, contract period: 45 days, daily income of $173, expiration income: $10,000 + $7,785

    (Click here to view more high-yield contract details)

    3. After purchasing the contract, the system automatically allocates mining machines for users to mine, and the daily income is automatically sent to the user’s account.

    Who is suitable to join LET Mining?
    ★Investors who want stable crypto income;
    ★Newbies who are not good at trading but want to earn bonuses in the currency circle;
    ★People who hold mainstream cryptocurrencies such as USDT, BTC, and XRP;
    ★Freelancers and digital nomads who want to establish a passive income system;
    ★People who have social resources and are willing to achieve high income through referral models.

    The surge in Bitcoin prices is a signal from the market;
    LET Mining cloud mining is your tool to seize the opportunity.

    The rising trend of Bitcoin has created an excellent opportunity for cloud mining, and LET Mining’s low threshold and high return model allows ordinary investors to participate. Through a reasonable computing power investment strategy, some users have achieved amazing daily returns!

    Sign up for LET Mining now and start your Bitcoin mining wealth journey!

    Official website: https://letmining.com/ 
    Contact email: info@letmining.com

    Attachment

    The MIL Network

  • MIL-OSI: Cryptocurrency prices are soaring. Use LET Mining cloud mining to make your digital assets more profitable.

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 11, 2025 (GLOBE NEWSWIRE) — The cryptocurrency-friendly policies released by the United States have triggered a wave of digital assets. The current price of Bitcoin is $118,131, and the rise of Bitcoin has also spread to other cryptocurrencies.

    When the market value of Bitcoin reached $100 billion to $200 billion, few experienced capital allocators had access to investment opportunities. Today, the market value of Bitcoin has reached trillions of dollars, and almost all capital allocators in the world have access to investment opportunities.

    But now simply holding cryptocurrencies and waiting for appreciation can no longer create wealth myths. The cloud mining service launched by LET Mining provides global users with a low-threshold, high-return participation method, allowing users to have high returns every day and create new wealth myths!

    What is cloud mining?
    Cloud mining is a way for users to participate in cryptocurrency mining remotely without purchasing mining machines or having a technical background. It uses the concept of “cloud computing” to deploy mining equipment in professional data centers. Users only need to rent computing power online to get automatic daily income.

    Whether you know about cryptocurrency or not, you can participate and get fixed income every day.

    How to start using LET Mining to earn income every day?
    1. Use a browser to log in to the official website:https://letmining.com/ Register an account. After successful registration, you can get a $12 reward, and you can get $0.6 for logging in and signing in every day.

    2. Choose a cloud computing contract package that suits you. The platform provides flexible packages. The following are some cloud computing packages:

    ●Experience Contract: Investment amount: $100, contract period: 2 days, daily income of $4, expiration income: $100 + $8
    ●BTC Classic Hash Power: Investment amount: $500, contract period: 5 days, daily income of $6, expiration income: $500 + $30
    ●DOGE Classic Hash Power: Investment amount: $3,500, contract period: 24 days, daily income of $50.4, expiration income: $3,500 + $1,209.6
    ●BTC Advanced Hash Power: Investment amount: $5,000, contract period: 29 days, daily income of $76.5, expiration income: $5,000 + $2,218.5
    ●BTC Advanced Hash Power: Investment amount: $10,000, contract period: 45 days, daily income of $173, expiration income: $10,000 + $7,785

    (Click here to view more high-yield contract details)

    3. After purchasing the contract, the system automatically allocates mining machines for users to mine, and the daily income is automatically sent to the user’s account.

    Who is suitable to join LET Mining?
    ★Investors who want stable crypto income;
    ★Newbies who are not good at trading but want to earn bonuses in the currency circle;
    ★People who hold mainstream cryptocurrencies such as USDT, BTC, and XRP;
    ★Freelancers and digital nomads who want to establish a passive income system;
    ★People who have social resources and are willing to achieve high income through referral models.

    The surge in Bitcoin prices is a signal from the market;
    LET Mining cloud mining is your tool to seize the opportunity.

    The rising trend of Bitcoin has created an excellent opportunity for cloud mining, and LET Mining’s low threshold and high return model allows ordinary investors to participate. Through a reasonable computing power investment strategy, some users have achieved amazing daily returns!

    Sign up for LET Mining now and start your Bitcoin mining wealth journey!

    Official website: https://letmining.com/ 
    Contact email: info@letmining.com

    Attachment

    The MIL Network

  • MIL-OSI USA: Chairman Capito Announces Funding for Statewide Truck Parking Project

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    CHARLESTON, W.Va. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee and a member of the Senate Appropriations Committee, announced a $24,837,048 grant for the West Virginia Department of Transportation (WVDOT) through the U.S. Department of Transportation (DOT) BUILD program. 
    This funding, which was made available through the Infrastructure Investment and Jobs Act, will construct truck parking capacity expansion improvements at three existing West Virginia Division of Highways (WVDOH) facilities along I-81, I-64, and I-79 in Berkeley, Cabell, Monongalia Counties. Chairman Capito authored a letter in support of the WVDOH’s application for this project earlier this year. 
    “Efforts to upgrade facilities along West Virginia portions of major interstates will enhance the safety of our drivers, support the regional and national movement of goods, and encourage economic investments across our state. As Chairman of the EPW Committee, I made this investment a priority and I’m thankful DOT recognized its importance. This support will help WVDOT and WVDOH continue their mission of safe and efficient transportation in West Virginia,” Chairman Capito said.

    MIL OSI USA News

  • MIL-OSI USA: Chairman Capito Announces Funding for Statewide Truck Parking Project

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    CHARLESTON, W.Va. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee and a member of the Senate Appropriations Committee, announced a $24,837,048 grant for the West Virginia Department of Transportation (WVDOT) through the U.S. Department of Transportation (DOT) BUILD program. 
    This funding, which was made available through the Infrastructure Investment and Jobs Act, will construct truck parking capacity expansion improvements at three existing West Virginia Division of Highways (WVDOH) facilities along I-81, I-64, and I-79 in Berkeley, Cabell, Monongalia Counties. Chairman Capito authored a letter in support of the WVDOH’s application for this project earlier this year. 
    “Efforts to upgrade facilities along West Virginia portions of major interstates will enhance the safety of our drivers, support the regional and national movement of goods, and encourage economic investments across our state. As Chairman of the EPW Committee, I made this investment a priority and I’m thankful DOT recognized its importance. This support will help WVDOT and WVDOH continue their mission of safe and efficient transportation in West Virginia,” Chairman Capito said.

    MIL OSI USA News

  • MIL-OSI Submissions: Africa – ATIDI Guarantee Backs Lending Consortium Led by BPR Bank Rwanda plc for Rwanda’s New International Airport, Boosting Regional Trade and Integration

    Source: Media Fast

    ·       ATIDI has approved a USD $84 million counter-guarantee to support issuance of bonds and guarantees for the construction of Rwanda’s New International Airport in Bugesera District.
    ·       BPR Bank Rwanda Plc, acting as Mandated Lead Arranger and Facility Agent, leads a consortium of lenders enabling the transaction.
    ·       The Project is a vital infrastructure that will accelerate Rwanda’s Vision 2050, its national strategy to become an upper-middle-income country by 2035 and a high-income economy by 2050.
    ·       This transaction is aligned with ATIDI’s strategic focus on empowering its member states to deliver impactful, transformative investments that spur growth, sustainability and regional integration.

    Kigali, 11th July 2025 – ATIDI has approved a USD84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds and guarantees totaling over USD322 million. These guarantees have been extended to a joint venture of three contractors undertaking the construction of the New Bugesera International Airport, a transformative project poised to elevate Rwanda as a strategic hub for trade and logistics in Africa.

    The project, jointly developed by the Governments of Rwanda and Qatar, is a vital infrastructure that will accelerate Rwanda’s Vision 2050, its national strategy to become an upper-middle-income country by 2035 and a high-income economy by 2050. The airport is also aligned with the African Continental Free Trade Area (AfCFTA) framework, facilitating the free movement of goods, services and people across the continent.

    The airport, which is valued over USD2 billion, is scheduled for completion by mid-2028. ATIDI’s cover supports the three local banks including BPR Bank Rwanda Plc, Bank of Kigali (BK), and the Development Bank of Rwanda (BRD), benefitted directly from ATIDI’s risk mitigation, enabling them to issue guarantees beyond their Single Obligor Limits (SOL). The de-risking provided by ATIDI offers banks capital relief while ensuring smoother execution of infrastructure projects.

    The lending consortium led by BPR Bank Rwanda Plc, acting as Mandated Lead Arranger and Facility Agent on behalf of the contractors, also includes KCB Bank Kenya, a regional lender, which participated in the syndicate without recourse to ATIDI’s guarantee.

    Quote from Manuel Moses, Chief Executive Officer, ATIDI

    “ATIDI is proud to partner in Rwanda’s transformation and continental ambitions through this catalytic project, a central piece of the country’s development strategy. The new airport is not just about infrastructure, it’s about unlocking regional value chains and ensuring Africa trades more with itself. Our support demonstrates the value addition of ATIDI’s de-risking solutions in scaling up lending capacity and unlocking financing by banks to Rwanda’s development priorities”

    Quote from BPR (Mandated Lead Arranger)

    Patience Mutesi, Managing Director of BPR Bank Rwanda Plc, remarked “We are honored to lead this transformational financing effort. As Mandated Lead Arranger, BPR Bank Rwanda Plc is proud to play a pivotal role in unlocking capital for a project that will reshape Rwanda’s connectivity and competitiveness. This collaboration with ATIDI and our partner banks reflects our firm commitment to financing national development priorities and enabling long-term value through strategic infrastructure.”

    This transaction is aligned with ATIDI’s strategic focus on empowering its member states to deliver impactful, transformative investments that spur growth, sustainability and regional integration. Rwanda, a founding member of ATIDI, has been a consistent partner in leveraging risk mitigation to unlock capital and de-risk essential sectors.

    Currently, ATIDI has issued policies worth over USD1.45 billion in transaction value and holds a gross exposure of over USD611.9 million in Rwanda. These transactions span multiple sectors vital to the country’s development, including agriculture, forestry; fishing; construction; energy and gas; financial activities; information and communication; manufacturing; other services activities; public administration; trade and transportation; transporting and storage; as well as wholesale and retail trade.

    This broad sectoral engagement demonstrates ATIDI’s critical and transversal role in de-risking investments and catalyzing trade, infrastructure and socio-economic development across Africa.

    About ATIDI

    ATIDI was founded in 2001 by African States to cover trade and investment risks of companies doing business in Africa. ATIDI predominantly provides Political Risk, Credit Insurance and, Surety Insurance. Since inception, ATIDI has supported USD88 billion worth of investments and cross border trade into Africa. For more than a decade, ATIDI has consistently maintained a Financial Strength and Counterparty Credit rating of ‘A/Stable’ from Standard & Poor’s. In 2019, Moody’s assigned ATIDI an A3/Positive rating, which was subsequently upgraded to A2/Stable in 2024 and reaffirmed in 2025, reflecting the organization’s robust financial position and strong risk management practices. In recognition of its growing impact, ATIDI was named the Development Finance Institution (DFI) of the Year at the 2025 African Banker Awards.

    www.atidi.africa

    MIL OSI – Submitted News

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. 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. We do not guarantee any claims, statements, or promises made in this article. 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. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. 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. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. 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. We do not guarantee any claims, statements, or promises made in this article. 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. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. 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. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. 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. We do not guarantee any claims, statements, or promises made in this article. 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. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. 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. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI: Remittix Achieves Major Milestone with Successful Certik Audit Ahead of Upcoming PayFi Launch

    Source: GlobeNewswire (MIL-OSI)

    KOSICE, Slovakia, July 11, 2025 (GLOBE NEWSWIRE) — Remittix, a rising decentralized finance (DeFi) project focused on seamless crypto-to-fiat payments, has successfully completed a comprehensive security audit conducted by Certik, a leading blockchain security firm. This achievement marks a key step toward the official launch of Remittix’s PayFi infrastructure—a next-generation payment protocol designed to streamline crypto settlements directly to bank accounts.

    The Certik Audit, which found no critical vulnerabilities in Remittix’s smart contracts, reinforces the project’s commitment to secure and compliant development practices. The audit report provides public assurance to investors and ecosystem partners that the platform is built on a solid, tamper-resistant foundation.

    “We are proud to announce the successful completion of our Certik audit, which validates the integrity of the Remittix ecosystem,” said a Remittix spokesperson. “This milestone not only confirms the strength of our smart contract architecture but also paves the way for broader institutional partnerships and regulatory alignment as we move toward the next phase of growth.”

    Remittix is building an innovative layer in the PayFi (Payment Finance) sector, addressing long-standing challenges in crypto usability. Its platform is designed to enable direct crypto-to-fiat transactions, allowing users to send digital assets that convert instantly into fiat currencies and settle in recipients’ bank accounts—without requiring KYC on the receiver’s side. This mechanism offers both speed and privacy while maintaining compliance and transparency on the sender’s end.

    With the security assurance from Certik in place, Remittix is accelerating development and strategic integrations with local payment networks and financial providers. These developments are expected to enhance its utility across both developed and emerging markets.

    “Our mission is to simplify digital finance while ensuring user security remains uncompromised,” the spokesperson added. “The audit completion is a key validation of that promise, and we’re excited to move forward with confidence.”

    Currently in presale, the Remittix token is gaining attention for its practical use case, streamlined onboarding process, and infrastructure readiness for mass adoption. As the platform prepares for launch, the team is focused on onboarding early adopters and strengthening ecosystem partnerships.

    To learn more about Remittix or participate in the ongoing presale, please visit:

    Website: https://remittix.io
    Socials: https://linktr.ee/remittix

    About Remittix
    Remittix is a decentralized payment solution designed to bridge the gap between crypto and traditional banking. Its core platform enables real-time crypto-to-fiat transfers, offering seamless access to everyday payments via blockchain technology.

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. 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. We do not guarantee any claims, statements, or promises made in this article. 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. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. 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. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4416afe4-d6d6-45fe-b705-f43d278d6011

    The MIL Network

  • MIL-OSI Security: Federal Jury Convicts Washington Man of Three Counts of Assault with a Dangerous Weapon on the Coeur d’Alene Indian Reservation

    Source: Office of United States Attorneys

    COEUR D’ALENE – After a four-day trial, a federal jury sitting in Coeur d’Alene found Jason Bergeron, 50, of Washington, guilty of three counts of assault with a dangerous weapon, Acting U.S. Attorney Justin Whatcott announced today.  U.S. District Judge Amanda K. Brailsford presided over the trial, which began on July 7, and concluded with guilty verdicts as to three counts of assault with a dangerous weapon on July 10.

    According to testimony and evidence presented at trial, Bergeron drove to his ex-girlfriend’s house on the Coeur d’Alene Indian Reservation.  Once there, he shot a rifle into the house while his ex-girlfriend, her daughter and son-in-law, and her three-year-old grandson were at the house.  Bergeron shot multiple additional rounds of ammunition towards the daughter and son-in-law as they fled with their child, then pointed the rifle at his ex-girlfriend multiple times and threatened to kill her.  All the victims in this case are members of the Coeur d’Alene Indian Reservation.

    Each of the three counts of assault with a dangerous weapon is punishable by up to ten years in federal prison, a fine of up to $250,000, and up to three years of supervised release.  Sentencing is set for September 24, 2025, before Judge Brailsford at the federal courthouse in Coeur d’Alene.

    Acting U.S. Attorney Whatcott commended the Coeur d’Alene Tribal Police and the Federal Bureau of Investigation for a meticulous and professional investigation, which led to the charges. He also thanked the Coeur d’Alene Tribal Prosecutor and the Kootenai County Prosecuting Attorney for their assistance with this case.  Assistants United States Attorney Bryce Ellsworth and Adam Johnson prosecuted the case.

    ###

    MIL Security OSI

  • MIL-OSI USA: Cortez Masto Secures More than $5 Million to Increase the Supply of Affordable Housing in Nevada

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) secured $5.1 million from the Federal Home Loan Bank (FHLBank) of San Francisco to assist with the construction or preservation of 273 affordable housing units in Nevada. This funding follows a push by Cortez Masto to ensure that the FHLBank of San Francisco live up to its mission of funding housing for working families and supporting community development.
    “I appreciate that the Federal Home Loan Bank of San Francisco continues to support the Nevada Targeted Fund,” said Senator Cortez Masto. “I’m proud of the partnership that we have built with the Bank to address housing needs in the Silver State, and I will continue to seek opportunities for the FHLBank to use its resources to meet more of our housing and community development needs.”
    “The shortage of affordable housing is one of the most pressing challenges our country faces, and the need is especially acute in Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. “As one of the nation’s least densely populated states, Nevada is home to a wide range of communities — urban, rural, and tribal — all experiencing significant housing challenges. We’re proud to support five impactful projects across the state that will help address this crisis and expand access to affordable housing.”
    The FHLBank will provide gap funding for the following projects:
    Construction of Visions Park (Blind Center of Nevada): A 100-unit affordable housing complex in Las Vegas for people who are blind and visually impaired. ($1,250,000 grant)
    Expansion of Hoving Home Las Vegas (Walter Hoving Home, Inc.): A residential non-profit organization serving women recovering from addiction. ($1,250,000 grant)
    Construction of PuraVida Senior Living (Foresight Housing Partners): A 74-unit, 14-building affordable housing community in North Las Vegas for seniors. ($1,117,295 grant)
    Construction of Southern Pines (Nevada H.A.N.D. Inc.): A 240-unit affordable housing complex in Las Vegas for low-income families. ($960,000 grant)
    Construction of The Gen Den Intergenerational Housing (Truckee Meadows Housing Solutions):Affordable housing for young adults and seniors in Reno. ($500,000 grant)
    Throughout her time representing Nevada, Senator Cortez Masto has made reforming the FHLBanks a cornerstone of her work. Senator Cortez Masto has highlighted the fact that Nevada has been treated unfairly by the system. She sought critical investment in Nevada by the FHLBank of San Francisco, resulting in the first-in-the nation targeted Affordable Housing Program for the state.
    Following a 2022 letter Senator Cortez Masto sent to Federal Housing Finance Agency (FHFA) Director Sandra Thompson, the FHFA announced a review of the Federal Home Loan Bank system. In late 2023, the FHFA released a comprehensive report calling for mission-focused reform of the FHLBanks. Last year, Cortez Masto sent letters to each of the 11 FHLBanks urging them to contribute at least 20% of their net income to affordable housing and other community grant programs.
    In response to years of Senator Cortez Masto’s work, the FHLBank of San Francisco has increased its investment in Nevada, including by making this $5.1 million award and supporting other investments. Earlier this year, the senator secured a $10 million investment from the FHLBank of San Francisco into the Nevada Housing Division’s (NHD) single-family bond program. Thanks to pressure by Cortez Masto, the FHLBank System also invested $528 million in voluntary contributions for housing and economic development across the country in 2024, less than the Senator and others requested but more than the minimum from prior years. Senator Cortez Masto maintains that the FHLBanks should use their resources to meet their mission requirements by financing housing and community development projects nationwide.  

    MIL OSI USA News

  • MIL-OSI USA: After Securing Key New Hampshire and National Security Priorities, Shaheen Helps Advance Annual Defense Bill

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    **A top member of the U.S. Senate Armed Services Committee, Shaheen built on her years-long legacy of securing key New Hampshire priorities, as well as measures that address America’s top security challenges**
    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH), a top member of the U.S. Senate Armed Services Committee, helped advance the Fiscal Year (FY) 2026 National Defense Authorization Act (NDAA) – annual defense legislation that authorizes Pentagon priorities and programs for the next fiscal year. The bill was approved by the Senate Armed Services Committee (SASC) in a bipartisan vote. 
    As a senior member of SASC, Senator Shaheen’s additions to the defense bill address both America’s top national security objectives, while also enhancing New Hampshire’s role in support of our national defense.
    “With Secretary Hegseth at the helm of the Pentagon, it’s more critical this year than ever that Congress uses the annual defense bill to assert its oversight authority and advance policy to improve the lives of service members. The legislation cleared by the Senate Armed Services Committee this week is not perfect but includes many of my provisions to put guardrails on Secretary Hegseth’s harmful policies, including to protect the shipyard workforce from hiring freezes, ensure President Trump’s trade war isn’t passing the price of defense contracts onto the taxpayer, to make sure promised military assistance continues to flow to Ukraine in their fight for democracy and freedom and protect U.S. basing in Europe, the Middle East and the Indo Pacific.” said Senator Shaheen. “I was also proud to secure provisions that support New Hampshire’s defense industry and good-paying jobs, improve service members’ access to affordable child care and housing, invest in Portsmouth Naval Shipyard’s capacity and more.”
    The Committee-passed bill now moves to the full Senate before it is conferenced with the U.S. House of Representatives. Below is a summary of top New Hampshire and national security priorities secured by Shaheen in the FY 2026 NDAA.
    Protecting the Public Shipyard Workforce
    Senator Shaheen led a provision to ensure the chaos and confusion that ensued from Secretary Hegseth’s Department of Defense (DoD) civilian hiring freeze does not happen again. The legislation will protect thousands of jobs integral to America’s national security at the Portsmouth Naval Shipyard and public shipyards across the nation.
    The Portsmouth Naval Shipyard is a key economic driver in the region, supporting thousands of jobs integral to America’s national security. After calls from Shaheen and Senator Susan Collins (R-ME), DoD claimed to have exempted the shipyard workforce from the civilian hiring freeze, but issues persist in implementation. Shaheen’s provision will make this exemption final and addresses hiring delays that Portsmouth Naval Shipyard has continued to face.
    Reassuring America’s Allies and Partners
    Standing with Ukraine:
    Senator Shaheen has consistently worked to ensure the delivery of military, humanitarian and economic assistance to Ukraine as they fight for their freedom and democracy amid Putin’s war of aggression.
    The Committee-passed NDAA includes a reauthorization of the Ukraine Security Assistance Initiative, Department of Defense’s authority to equip the Ukrainian Armed Forces. Shaheen also secured language prohibiting the diversion of military equipment obligated for Ukraine after the Pentagon’s misguided decision, since overruled by President Trump.
    The Committee-passed bill also includes Shaheen-authored amendments that allow the continued sharing of U.S. information, intelligence and imagery to support the Ukrainian Armed Forces on the battlefield and prevent cuts to security cooperation funding for U.S. forces in Europe.
    Supporting NATO Allies and Enhancing Global Partnerships:
    Shaheen also secured provisions that send a strong message of commitment to North Atlantic Treaty Organization (NATO) Allies and other U.S. partners abroad. Her legislation requires the executive branch to consult with Congress and our NATO Allies before any attempt to abdicate the Commander of U.S. European Command’s dual role of Supreme Allied Commander Europe. This comes after Shaheen pressed senior U.S. military officials on the importance of this U.S. responsibility at NATO. An American general has also served as Supreme Allied Commander of NATO Forces in Europe since General Dwight Eisenhower assumed the role following the establishment of the NATO alliance.
    The bill includes legislation led by Shaheen requiring the Pentagon to consult with Congress before making changes to U.S. military force posture in Europe and on the Korean Peninsula. U.S. presence in Europe and the Indo Pacific deters adversaries and strengthens our alliances. This legislation will require the Secretary of Defense to certify to Congress that he has consulted the Secretary of State, Director of National Intelligence, senior U.S. military officers in the theaters and officials from regional governments—including NATO Allies, South Korea, Japan and others—before reducing our force presence in Europe or South Korea.
    Shaheen also prevented the further consolidation of U.S. military bases in Syria—a move that helps to prevent a resurgence of ISIS influence in the region following the establishment of a new, post-Assad Syrian government.
    Protecting Defense Supply Chains from Reckless Tariffs
    The bill includes Senator Shaheen’s amendment that would require the Department of Defense to assess the impact of the Trump administration’s tariffs on the defense supply chain and protect current regulations that are providing relief to small businesses in the defense industrial base.
    Shaheen has been vocal in her concerns about the administration’s trade war and its impacts on America’s national defense and military readiness, including by calling on Secretary Hegseth to address how tariffs are impacting the Department’s purchasing power, weakening supply chains and raising costs on small businesses.  This provision in the NDAA comes after Shaheen’s third annual bipartisan Congressional delegation to the largest trade show in the world, the Paris Air Show, where she heard concerns about the President’s trade war from allies, partners and the defense and civil aerospace industry. Following the Air Show, Shaheen penned an opinion piece in the Wall Street Journal..
    Supporting Jobs and the New Hampshire National Guard
    To bolster the civilian defense and national security workforce, Senator Shaheen secured an amendment in line with her Defense Workforce Integration Act. The bipartisan, bicameral Shaheen-led bill would leverage existing programs and best practices within the Department of Defense to address persistent workforce shortages by retaining the talent and motivation of those who desire to serve in uniform but are found to be medically disqualified.
    As co-chair of the bipartisan U.S. Senate National Guard Caucus, Shaheen has long advocated on behalf of National Guard members. To strengthen the National Guard’s ability to protect and aid New Hampshire in times of crisis, Shaheen secured a provision in this year’s NDAA to help the National Guard retain quality commissioned and warrant officers and maintain increased levels of personnel readiness. Specifically, the amendment allows officers and warrant officers to transfer from active status in the Reserves to the Inactive National Guard.
    Confronting the Challenges Posed by PFAS Contamination
    Senator Shaheen successfully added an amendment to respond more quickly to the spread of PFAS contamination at certain military installations and surrounding communities where PFAS are discovered in existing water sources as a result of military activities. The policy requires the Department of Defense to take action to address contamination hotspots and provide safe drinking water to communities while the lengthier remedial investigation process moves forward. Shaheen also secured adoption of an amendment to clarify that DoD can use innovative technologies for destroying PFAS to provide more tools to address contamination.
    Shaheen opposed amendments that were ultimately adopted to rescind the moratorium on PFAS incineration and prohibit the military from procuring a variety of items containing PFAS, including cookware used to prepare food in military galleys and furniture upholstery and carpeting for military installations. These provisions add unnecessary exposure to harmful toxins for service members and their families, increasing their chances of long-term health impacts.
    Shaheen has worked for more than a decade to hold the Department of Defense responsible for remediation of PFAS contamination at military bases and ensure transparency for affected communities. Shaheen spearheaded the first nationwide PFAS health impact study conducted by the Centers for Disease Control and Prevention (CDC)/Agency for Toxic Substances and Disease Registry (ATSDR) that is in its final stages. Shaheen leads efforts in Congress to uncover the potential health effects related to PFAS contamination. Because of her efforts, Pease served as a model site for the nationwide study. Shaheen has also led efforts to improve the Defense Department’s transparency and engagement with local communities, improve safety of firefighting gear, phase out use of PFAS-laden firefighting foam and expand blood-testing for military firefighters exposed to PFAS. Shaheen also secured record funding to upgrade drinking water and wastewater infrastructure to address PFAS contamination in the Bipartisan Infrastructure Law of 2021.
    Defending and Strengthening Support for America’s Service Members and Their Families
    Addressing Sexual Assault in the Military:
    Senator Shaheen successfully fought for a provision to increase accountability and transparency for investigations into military sexual assault cases. The Committee-passed NDAA includes Shaheen’s amendment requiring the National Guard Bureau to provide an annual report on the number of Guardsmen who participate in Sexual Assault Prevention and Response (SAPR) training each year.
    Shaheen has championed efforts in the Senate to respond to and address sexual assault in the military. In the FY23 NDAA, she helped secure reforms that expanded the types of sexual misconduct offenses and addressed the role of military commanders’ convening authority power. She played a pivotal role in the adoption of historic reforms to the Uniform Code of Military Justice to address sexual assault in the military, including taking those offenses out of a service member’s chain of command.
    Expanding Access to Child Care for Military Families:
    Shaheen helped secure inclusion of a provision to expand child care access for military families by directing the Department of Defense to support the recruitment and retention of providers in order to build a future child care workforce and make long-term investments in child care providers. The provision also authorizes the Department of Defense to enter into an interagency partnership with a federal agency, such as AmeriCorps, to place national service participants and volunteers trained in education services at military child care centers.
    The provision is based on bipartisan legislation Shaheen co-leads with Senator Joni Ernst (R-IA), the Expanding Access to Child Care for Military Families Act, to support workforce development opportunities for child care providers and to add capacity to the child care sector.
    Addressing Service Members and Military Families’ Quality of Life:
    To help service members and their families navigate the nation’s housing affordability crisis, Shaheen secured an amendment in the NDAA to improve DoD’s financial counseling offerings. To ensure service members learn about fees and other costs associated with homebuying, the provision allows Service Secretaries to work with U.S. Department of Housing and Urban Development certified housing counselors and other qualified counselors to help service members and families.
    Bolstering Mental Health Resources and Responses:
    Shaheen helped secure a provision in line with her National Adverse Childhood Experiences Response Team (ACERT) Grant Program Authorization Act directing the DoD to study and report on establishing a program to address adverse childhood experiences associated with exposure to trauma by connecting law enforcement and first responders with local child specialists and professionals.
    The legislation also includes Shaheen’s amendment to address the shortage of quality, accessible mental and behavioral health care for service members. Her provision requires DoD to assess where there are shortages in providers and the impact of those staffing shortages on service members. 
    Investing in Portsmouth Naval Shipyard and New England’s Shipbuilding Workforce
    Senator Shaheen built on her long legacy of support for New England’s shipbuilding industry and workforce, including through authorizing funding and workforce development for the Portsmouth Naval Shipyard. The Committee-approved FY26 NDAA includes full authorization for the Shipyard Infrastructure Optimization Program (SIOP) investments at the Portsmouth Naval Shipyard, which will expand the Shipyard’s capacity to maintain America’s fast-attack submarine fleet. As a member of the U.S. Senate Appropriations and Armed Services Committees, Senator Shaheen helped secure this funding beginning in the fiscal year 2019 funding legislation, which she has continued in ensuing years.
    Shaheen also helped to authorize funding for increased reliability, resiliency and capacity to the existing electric and water utility systems primarily responsible for the nuclear support facilities at the Portsmouth Naval Shipyard. Additionally, the bill authorizes $26 million for the construction of a new, state-of-the-art Readiness Center to support the New Hampshire National Guard in Plymouth, New Hampshire.
    In addition, the bill reauthorizes funding for Virginia-class submarines, which are repaired at the Portsmouth Naval Shipyard. Shaheen is a steadfast supporter of the Virginia-class program and is a fierce advocate for Shipyard priorities.
    Shaheen also secured a provision aimed at improving the quality of life and bolstering recruitment and retention of employees at the Portsmouth Naval Shipyard and the country’s three other public shipyards. The Shaheen amendment requires DoD to assess the feasibility, costs and benefits of providing civilian employees with apartment-style or dormitory housing options.  Shaheen also secured report language to encourage DoD to explore the feasibility of low-interest loans for maritime industrial base (MIB) suppliers. 
    Finally, the bill includes Shaheen’s legislation to extend direct hire authority to the Navy Supervisor of Shipbuilding, Conversion and Repair (SUPSHIP), which will give Navy the ability to fill these positions quickly, address workforce delays and reduce delays in submarine construction and maintenance.
    Supporting Americans Affected by Directed Energy Attacks
    Senator Shaheen built on her progress to ensure that all U.S. personnel and their loved ones suffering from anomalous health incidents (AHIs) – also known as “Havana Syndrome” or directed-energy attacks – get the medical attention they deserve. Shaheen successfully secured a provision that encourages the Department of Defense to supply the cross-functional team addressing AHIs with the resources that they need to provide those affected with necessary treatment and timely compensation under the Helping American Victims Affected by Neurological Attacks (HAVANA) Act of 2021. The amendment also urges the Department to redouble its efforts to identify emerging directed energy threats, understand their origin and develop countermeasures to defend against them.
    Shaheen has been a leader in supporting American public servants who have incurred AHIs. In October 2021, President Biden signed legislation Shaheen helped lead, the Helping American Victims Afflicted by Neurological Attacks (HAVANA Act), into law. The law authorizes financial support to ensure medical care for those affected by AHIs. In the FY21 NDAA, Shaheen successfully included language to expand a provision in law that she previously wrote to provide long-term, emergency care benefits to all U.S. government employees and their dependents who were mysteriously injured while working in China and Cuba.
    Bolstering Congressional Oversight and Reining in Wasteful Spending
    In this year’s NDAA, Senator Shaheen secured several provisions to assert Congress’s oversight authority over the Trump administration and prohibit wasteful spending, including the use of Department of Defense resources for immigration enforcement activities. The bill requires DoD to notify Congress before using military airlift for immigration enforcement purposes and expands existing notifications to include requests for assistance in support of the U.S. Department of Homeland Security (DHS) at Guantanamo Bay. In the first five months of migrant operations at Guantanamo Bay, DoD has already spent over $40 million providing non-reimbursable support to DHS.
    Additionally, Shaheen included language in the NDAA urging DoD not to downgrade the U.S. Naval Hospital at Guantanamo Bay to a clinic. The hospital is the only source of health care for the over 6,000 active duty personnel, DoD civilians, family members, contract personnel and local and foreign national employees stationed at U.S. Naval Base Guantanamo Bay (NSGB).
    The provisions come after Shaheen joined a Congressional delegation to Guantanamo Bay in March of this year after the Pentagon refused to answer Congressional oversight questions on its support to DHS’s new migrant operations there.

    MIL OSI USA News

  • MIL-OSI USA: Wyden, Colleagues Lead Amicus Brief Challenging Trump Administration Abuse of Emergency Powers to Impose Tariffs

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)

    July 11, 2025

    Washington, D.C. U.S. Senators Ron Wyden, D-Ore., said today he is leading Senate and House colleagues in filing an amicus brief in a key case, Oregon, et al., v. Trump, et al., challenging the Trump Administration’s abuse of emergency powers to impose tariffs. 

    The brief opposes the Administration’s use of the International Emergency Economic Powers Act (IEEPA) to levy sweeping tariffs as IEEPA is not a tariff statute.

    In June, Wyden and Senators Jeanne Shaheen, D-N.H., and Chuck Schumer, D-N.Y., Senate Democratic Leader, led 33 senators including Senator Jeff Merkley, D-Ore., in filing an amicus brief at an earlier stage of this case urging the immediate suspension of the tariffs imposed under IEEPA. However, the Federal Circuit declined to suspend the illegal tariffs while it considers the merits of the appeal. 

    “This isn’t a close call – IEEPA doesn’t give the president ANY tariff authority, let alone the power to slap sweeping tariffs on products from almost every country on earth,” said Wyden,  Ranking Member of the Senate Finance Committee,. “The courts should strike down Trump’s illegal tariffs, which are hiking prices for American families and threatening American jobs.” 

    “IEEPA contains none of the hallmarks of legislation delegating tariff power to the executive such as limitations tied to specific products or countries, caps on the amount of tariff increases, procedural safeguards, public input, collaboration with Congress, or time limitations,” the lawmakers wrote. “In the five decades since IEEPA’s enactment, no President from either party, aside from the current President, has ever claimed that IEEPA conferred any authority to impose tariffs.” 

    “Unmoored from the structural safeguards Congress built into actual tariff statutes, the President’s unlawful ’emergency’ tariffs under IEEPA have led to chaos and uncertainty,” the lawmakers continued. 

    “This is dysregulation, not delegation,” the lawmakers concluded. “The President’s actions are not consistent with the lawful power Congress granted in IEEPA in 1977 nor America’s constitutional structure. If the President believes that imposing, removing, or amending tariffs are an appropriate policy measure, Congress has given him tools to pursue those goals. But IEEPA is not one of them. This Court should affirm the CIT’s judgment and hold that IEEPA does not authorize tariffs.”

    In addition to Wyden, this latest amicus brief was led by Shaheen, Ranking Member of the Senate Foreign Relations Committee, and Representatives Hakeem Jeffries, D-N.Y., Minority Leader of the U.S. House of Representatives, Gregory W. Meeks, D-N.Y., Ranking Member of the House Foreign Affairs Committee, Joe Neguse, D-Colo., Chair of the House Democrats’ Litigation Task Force, Jamie Raskin, D-Md., Ranking Member of the House Judiciary Committee, and Richard E. Neal, D-Mass., Ranking Member of the House Ways and Means Committee.

    The full text of the brief is here.

    MIL OSI USA News

  • MIL-OSI United Nations: New Permanent Representative of Grenada Presents Credentials

    Source: United Nations General Assembly and Security Council

    The new Permanent Representative of Grenada to the United Nations, Ingrid Jackson, presented her credentials to UN Secretary-General António Guterres today.

    (As provided by the Protocol and Liaison Service)

    PROFILE

    Diverse and multifaceted individual, possessing a unique blend of expertise in both the private sector and public service, and leveraging my experience to effectively navigate complex socio- economic, cultural, and political landscapes

    EXPERIENCE

    Kingdom Homes
    CEO
    2019 – PRESENT
    •     Developed and implemented effective business strategies to drive revenue growth, optimize operational efficiency, and enhance customer satisfaction. • Conducted market research and analysis to identify new business opportunities and drive marketing initiatives.

    RESNET
    Director, Finance
    2016 -2019
    •     Developed and implemented financial strategies to drive profitability, cost control, and efficient resource allocation. • Implemented internal controls and compliance measures to ensure accurate financial reporting and adherence to regulatory requirements.

    EJIS LLC
    Managing Director
    2013 -2016
    •     Collaborated with cross-functional teams to develop and execute strategic initiatives, aligning financial objectives with organizational goals. • Built and maintained strong relationships with clients, vendors, and partners to foster business development and strategic alliances.

    Government of Grenada
    Ambassador for Diaspora Affairs
    2012 -2013
    •     Engaged with the diaspora community to promote cultural ties, economic connections, and political cooperation. • Organized events and initiatives to strengthen national identity among expatriates and encourage their participation in the host country’s civic and economic activities during Homecoming 2012.

    Attache to the OAS
    2008 -2011
    •     Represented the interests of Grenada in foreign affairs and facilitated diplomatic relations with hemispheric nations • Engaged in diplomatic negotiations, including mediating conflicts and facilitating agreements. • Fostered cross-cultural understanding and public diplomacy initiatives

    SKILLS

    •     Strategic Planning
    •     Critical Thinking
    •     Solutions Provision
    •     Project management
    •     Integrated technologies

    EDUCATION

    2010 -2013  Walden University
    PhD Public Policy & Administration, ABD
    Concentration: Public Administration & Leadership (GPA:4.0)

    2007 – 2009 Andrews University
    MBA

    2003 – 2006 Andrews University
    BSc Business Education Graduated Summa Cum Laude

    PROFESSIONAL TRAINING & MEMBERSHIP

    Covenant University 2024
    African Leadership Development Center
    Professional Leadership Diploma

    The National Association of Women in Construction

    National Association of Realtors

    SERVICE

    2024 – Present Interim Chair, Dorcas Foundation

    2023 – Present Minister, Winners Chapel Intl. GND

    MIL OSI United Nations News

  • MIL-OSI Security: San Antonio Man Arrested for Alleged Facebook Threat Against President Trump Ahead of Friday’s Visit to Texas Hill Country

    Source: Office of United States Attorneys

    SAN ANTONIO – A San Antonio man was arrested Thursday night in San Antonio on criminal charges related to his alleged threat against the President of the United States.

    According to court documents, Robert Herrera, 52, commented on a San Antonio news outlet’s July 10 Facebook post pertaining to President Donald Trump’s planned visit to the Texas Hill Country. Using the handle, “Robert Herrer,” Herrera allegedly commented, “I won’t miss,” along with a photo depicting President Trump surrounded by U.S. Secret Service agents immediately after the July 13, 2024, assassination attempt in Butler, Pennsylvania. The criminal complaint alleges that a separate Facebook poster replied to “Robert Herrer” stating, “you won’t get the chance, I promise,” to which “Robert Herrer” responded to, “I’ll just come for you.” Accompanying that statement, “Robert Herrer” included a photo of an assault rifle and loaded magazines.

    Herrera was arrested the same day and is facing a federal charge of making threats against the President and interstate threatening communications. If convicted, he faces up to five years in prison for each charge. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    “This case is an example of great cooperation between federal, state, and local law enforcement partners committed to taking down anyone who would threaten the life of the President or anyone else,” said U.S. Attorney Justin R. Simmons for the Western District of Texas. “I want to thank Chief McManus and his team at SAPD for their swift response to this threat. To be clear, these types of threats will not be taken lightly, and we will always take a swift, aggressive approach, as was done here.”

    “I would like to thank the San Antonio Police Department and the FBI San Antonio Field Office for assisting the U.S. Secret Service in this matter,” said Special Agent in Charge Brian J. Gibson for the U.S. Secret Service San Antonio Field Office. “Investigating threats towards individuals under Secret Service protection are treated as our highest priority. This is one of the countless reasons the Secret Service prides ourselves on forging and maintaining relationships with other law enforcement agencies. As this is an ongoing investigation, the Secret Service will have no further comment on this incident.”

    “While the FBI fully supports and defends every American’s right to free speech, it is important to understand that threatening violence against any individual is not constitutionally protected speech, it is a federal crime,” said Special Agent in Charge Aaron Tapp of the FBI’s San Antonio Field Office. “We take all threats to human life with the utmost seriousness, and we urge others to do the same. We would like to thank the United States Secret Service, the San Antonio Police Department, the Texas Department of Public Safety, and the United States Attorney’s Office for their tremendous partnership in addressing this threat against the President. We urge all members of the public to express their views peacefully and respectfully in a manner consistent with the values that define our nation.”

    “SAPD remains committed to working alongside our federal partners to ensure that threats of violence are taken seriously and addressed quickly,” said Chief William McManus for the San Antonio Police Department. “I want to commend the individual who reported the threatened violence against POTUS. Law enforcement cannot do this job without the assistance of our community.”

    The U.S. Secret Service, FBI, and San Antonio Police Department are investigating the case with assistance from the Texas Department of Public Safety.

    Assistant U.S. Attorney Mark Roomberg is prosecuting the case.

    A criminal complaint is merely an allegation and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI

  • MIL-OSI Security: Delaware Man Sentenced to 240 Months for Coercing 11-Year-Old New Jersey Resident to Travel to Delaware for Sexual Activity

    Source: US FBI

    WILMINGTON, Del. – Dylan J. Steinberg, Acting U.S. Attorney for the District of Delaware, announced that on July 2, 2025, the Honorable Jennifer L. Hall sentenced Darius Matylewich, 27, to a period of 240 months of incarceration for coercion and enticement of a minor.

    According to court documents, the FBI arrested Matylewich after he removed an 11-year-old from her New Jersey home and travelled with her to his Bear, Delaware home to engage in sexual activity.  On September 10, 2023, the Wayne Township, New Jersey Police Department (“WTPD”) received a report of a missing 11-year-old girl (“the Victim”). Through investigative measures, WTPD determined that Matylewich took the Victim from her New Jersey home to his home in Bear, Delaware.  The FBI, with assistance from WTPD and the New Castle County Police Department, safely recovered the Victim and arrested Matylewich.

    A subsequent investigation revealed that Matylewich met the 11-year-old Victim on the internet and communicated with the Victim via online video games and social media platforms. A forensic analysis of Matylewich’s cellphone and social media uncovered message threads in which Matylewich coerced the 11-year-old Victim to perform sexual acts, and, in turn, produce child pornography for him.  Investigators also recovered messages in which Matylewich described covertly watching and following the Victim near her New Jersey home.

    Matylewich also used an application on his phone to covertly record conversations, videos, and images of the Victim performing sexual acts that Matylewich solicited from her.   Unbeknownst to the Victim, Matylewich then stored videos and images of her within the “hidden” folder of his phone, which could only be accessed via facial recognition.

    Acting U.S. Attorney Steinberg stated, “This sentence sends a clear message: those who harm the community’s most vulnerable will be held fully accountable for their actions.  This sentence also reflects the dedication and cooperation of local, state, and federal law enforcement.  We commend the FBI and the Wayne Township and New Castle County Police Departments, who acted swiftly to return the Victim to her family and ensure justice was served.  We hope this outcome brings a measure of closure to the Victim and her family.”

    “Nothing can erase the harm Matylewich inflicted on an innocent child. With this lengthy sentence, he is being held accountable for his appalling abuse. Stopping predators like Matylewich from harming children remains a top priority of the FBI and our partners. Let this sentence be a warning to others seeking to take advantage of kids through online video games or social media, you will pay for your crimes,” said FBI Baltimore Acting Special Agent in Charge Amanda M. Koldjeski.

    The case was prosecuted by Assistant U.S. Attorneys Kevin P. Pierce and Michelle Thurstlic-O’Neill. The case was investigated by the FBI’s Delaware Violent Crime and Safe Streets Taskforce with assistance from the Passaic County Prosecutor’s Office, Wayne Township New Jersey Police Department, New Castle County Police Department, and the U.S. Marshals Service.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the District of Delaware. Related court documents and information is located on the website of the District Court for the District of Delaware or on PACER by searching for Case No. 1:23-CR-102.

    MIL Security OSI

  • MIL-OSI Security: Cary Man Who Wounded Police Dog Sentenced to 12 and One Half Years for Armed Carjacking

    Source: US FBI

    NEW BERN, N.C. – Joshua Whittlesey, a resident of Cary, was sentenced today to 12.5 years in prison and $28,000 in restitution, for carjacking. The 26-year-old man pled guilty to the charge on November 13, 2024.

    According to court records and other information presented in court, on July 21, 2023, Whittlesey went to Hendrick’s Cadillac in Cary under the guise of purchasing a Ford Raptor. While out on a test drive with the sales representative, Whittlesey brandished what the sales representative believed to be a firearm and ordered him out of the vehicle. The sales representative immediately called 911 to report the crime. Whittlesey took the vehicle and led officers from the Cary, Durham, and Raleigh Police Departments on a high-speed chase reaching speeds of 100 miles per hour. While fleeing from the officers, Whittlesey struck and wounded a Cary Police dog with the stolen vehicle. Whittlesey later abandoned the vehicle and was apprehended in Burlington. Whittlesey claimed that the apparent firearm was a BB gun, but law enforcement did not recover either.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results. For more information about Project Safe Neighborhoods, please visit Justice.gov/PSN.

    Daniel P. Bubar, Acting U.S. Attorney for the Eastern District of North Carolina, made the announcement after sentencing by U.S. District Judge Louise W. Flanagan. The Federal Bureau of Investigation (FBI) and the Cary Police Department investigated the case, and Assistant U.S. Attorney Jaren E. Kelly and Jake D. Pugh prosecuted.

    Related court documents and information can be found on the website of the U.S. District Court for the Eastern District of North Carolina or on PACER by searching for Case No. 5:24-CR-00115-FL.

    MIL Security OSI

  • MIL-OSI USA: On Senate Floor, Murray Slams Rescissions Package, Warning Against Senselessly Abandoning Communities at Home and Leadership Abroad

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    FACT SHEET: Trump’s Rescission Package Would Gut Bipartisan Foreign Policy Investments

    FACT SHEET: Trump’s Rescission Package Would Devastate Local Public Radio, TV Stations Across America

    ICYMI: Vought Refuses to Rule Out More Illegal End-Runs Around Congress & Refuses to Detail How Trump Will Execute Cuts If Rescissions Bill PassesMurray Urges Congress to Reject Package in its Entirety

    Murray on claims passing the bill is about fiscal responsibility: “You could cut the equivalent of this bill every single day, for an entire year, and it still would not match the cost of the billionaire tax cuts Republicans passed last week.”

    ***WATCH: Senator Murray’s floor remarks***

    Washington, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, delivered the following remarks on the Senate floor laying out the devastation President Trump’s rescission package would cause for local news stations nationwide and their emergency preparedness systems and underscoring how it will gut bipartisan foreign policy investments, ceding America’s global leadership—all while doing nothing to get our “fiscal house in order.”

    Senator Murray’s remarks, as delivered, are below:

    [HYPOCRISY ON DEBTS, DEFICITS, AND “FISCAL RESPONSIBILITY”]

    “Mr. President, last week Republicans made the wrong kind of history. That is because, last week, they passed what may well be the single most expensive piece of legislation in the history of our country—all to help the rich and hurt the poor. This should go in the Guinness Book of World Records.

    “And let’s not forget, the history doesn’t end there. Because they passed the biggest bill in the history of the Senate with the biggest gimmick in the history of the Senate—basically saying that trillions of dollars in tax cuts for billionaires are free.

    “This farce is only getting worse—because do you know what Republicans are turning to now? Do you know what the next order of business in the Senate is? They are going to take up President Trump’s request to slash local news and bipartisan foreign policy investments, in order to ‘balance the debt.’

    “That is a serious case of amnesia. Republicans just saddled the national credit card with a $4 trillion in debt—that’s trillions with a ‘T’—so they could give massive tax breaks to the richest people in the country. And they would have added even more to that debt if they didn’t cut over a trillion in health care and nutrition assistance for millions of Americans.

    “But now that it is passed, now that they’ve saddled the next generation with loads of debt to help billionaire donors, many Republicans want to return to talking now about ‘getting the nation’s fiscal house in order.’

    “Are you kidding me? Do you really think we don’t remember what just happened last week? Well thank goodness for C-SPAN, and we all should review the tape.

    “One week ago, Republicans were pretending trillions in debt for tax giveaways to their corporate buddies and mega donors was nothing—literally nothing.

    “And now, these same Republicans say local news, which provides crucial information in emergencies, is just too expensive to support.

    “Now, these same Republicans say we just can’t afford to continue lifesaving aid that prevents famine and epidemics.

    “Even though—keep in mind—we are talking about a sum total of less than 0.14 percent of our overall federal budget.

    “The irony is almost as rich as the corporate CEOs who made out like bandits in that big, awful, mess Republicans passed last week.

    [DEVASTATING CUTS TO PUBLIC BROADCASTING]

    “And this rescissions package is not just bad because many Republicans are trying to have it both ways on deficits and debt now. It’s just plain ole bad on the substance. These cuts would hurt our communities, and they hurt our country. 

    “Let’s start with local news. Republicans are trying to rip away investments that support over 1,500 local public TV and radio stations. These are stations that serve rural areas, and they give them local news you simply can’t find anywhere else.

    “Coverage that matters to people like what community events are coming up, how the school board is preparing for next year, weather and market reports for our farmers, not to mention emergency alerts when a disaster strikes.

    “You do not have to look hard to find an example of how important it is we get disaster warnings right. When the devastating wildfires hit southern California earlier this year, public radio broadcasts let millions of people know how to stay safe. When Hurricane Helene battered North Carolina, a local public radio station was the only source of information for many people. And, of course, the recent tragedy in Texas, and the flooding in New Mexico.

    “These were incredibly deadly floods—my heart goes out to all the families who are affected, especially those who lost loved ones. And my deep gratitude goes out to the first responders. I’m committed to helping these communities recover. To coming together like we always do as a nation after tragedy.

    “And while we learn more about what they needed, one thing all of our communities need, is strong emergency response systems. And one thing I can tell you, when dangers arise cutting local news stations, silencing trusted sources that can push out important warnings when cell towers fail, and your home internet connection goes out—that won’t make anything better.

    “And Mr. President, don’t even get me started on how this rescissions bill will hurt free, educational programming for countless kids. We’re talking about shows kids and parents love. But after saddling our country with trillions in debt for billionaires, many Republicans are saying there’s just not a penny left for our kids.

    “‘Sorry—we’re going to feed Big Bird to the Fat Cats.’

    “That’s the message Republicans are sending. This isn’t quite how they’d put it on Sesame Street, but America knows that message is brought to you by the letters BS. And it is so dangerously short sighted.

    “Talk to any parent, they will warn you: If Republican cuts end up canceling free, high-quality programming that is thoughtfully developed to get kids thinking and grow their curiosity, there’s an alarming amount of low-quality junk to fill that void. Content that is instead, carefully engineered to keep kids watching, and shorten their attention spans. 

    “Actually, you know what? It makes sense. Maybe getting our kids hooked on brain-rot TV is part of the Republican plan. After all, if our children are watching PBS, they might learn to count. And if our kids learn to count how will Republicans ever convince anyone that trillions of dollars in tax cuts are free?

    [GUTTING BIPARTISAN FOREIGN POLICY INVESTMENTS]

    I know, let’s not forget President Trump wants Senate Republicans to rip up investments they themselves—they themselves—helped secure to advance America’s global leadership. Apparently being the leader of the free world is now just too expensive.

    “The reality of the matter is that these are investments are investments that pay off for our own country. From supporting American farmers and companies who provide the food assistance that saves lives; to stopping dangerous viruses and epidemics while they are still far overseas before they have a chance to threaten American lives; to preventing conflict, avoiding chaos and crisis that can cause a dangerous spiral; to strengthening our ties with key partners and defending our interests in international organizations.

    “We don’t just make these investments because they are the right thing to do, we do it because it is the smart thing to do for America.

    “But it’s worth saying Mr. President, it’s the right thing to do as well. And it is unthinkably wrong that this president is willing to shell out trillions for some of the richest people in the world, only to turn around and say that less than a penny a day is too expensive to protect hundreds of thousands of little girls from HIV.

    “It is wrong for Republicans to say, ‘oh we’ve got to get those corporate executives a big bonus,’ only to turn around and say: ‘oh we don’t really have to worry about the work our farmers do to help those starving kids.’

    “It is also foolish to think this is just a luxury, or charitable work. Our farmers know better. Americans who contract infectious diseases abroad know better. The companies in our states who work overseas to stabilize conflict-affected communities alongside DOD, they know better. It is bad strategy and a surefire way to hand China the upper hand.

    “But we cannot lose sight of the fact that it is just plain wrong.

    “Let’s be clear, if they cut this funding Republicans will not just be turning America away from the world, they will be turning the world away from America.

    “Do Republicans really want to cause needless suffering, or slash bipartisan funding, and break commitments we already made together to save a quick buck? Is America’s credibility so cheap to them?

    “They talk about peace through strength as if they are carrying on Ronald Reagan’s legacy. Reagan spent about half-a-percent of our GDP on foreign assistance. Today we spend less than half that. 

    “And keep in mind, the cuts proposed here are really, they are a drop in the bucket compared to the tsunami of spending and tax giveaways Republicans just passed. I mean, you could cut every single penny the U.S. has spent of foreign assistance since World War II and it would not add up to the cost of the tax cuts Republicans passed last week.

    [UNDERMINING BIPARTISAN APPROPRIATIONS PROCESS]

    “And that’s all saying nothing about how pushing this through won’t just cut bipartisan investments, it will cut out the heart of the basic principles that make bipartisan deals possible.

    “How are we supposed to negotiate a bipartisan deal if Republicans will turn around and put it through the shredder in a partisan vote. This entire package next week should be rejected outright. There is nothing about it that is serious—except for the threat it poses to our communities.

    “To suggest, even for a second, Republicans are doing this to address the debt is laughable. And I encourage the American people to laugh at anyone who pretends as much. Because you could cut the equivalent of this bill every single day, for an entire year, and it still would not match the cost of the billionaire tax cuts Republicans passed last week.

    “So, to my Republican colleagues, instead of doing Trump’s dirty work, instead of doing Russell Vought’s bidding, let’s do our jobs. Reject these partisan cuts to bipartisan funding, turn our focus squarely to the job ahead—writing bipartisan full funding appropriations bills.

    “And you know what? If there’s a discrete pot of funding that is not being spent well, if there are cuts that makes sense to include, if there are things that need to be updated, things that need to be reformed, let’s a have a conversation about what makes sense to rescind and improve as we write those bills in committee—the way we’ve always done.

    “My Democratic colleagues and I have said for months we are willing to discuss rescissions in our bipartisan spending bills. We have done this in a bipartisan fashion for years—no matter who is in the White House, or which party has had the majority in either chamber. 

    “My commitment to Chair Collins and my colleagues on other side of the aisle remains the same. I’m willing to work with you to include rescissions in our bipartisan spending bills as we continue to work on the fiscal year 2026 process. 

    “Instead of moving forward with this partisan rescission package, let’s reject that package and have these discussions and work together. Let’s move forward on the bipartisan appropriations process and address all of those decision there.”

    MIL OSI USA News

  • MIL-OSI: Dundee Corporation Announces Acquisition of Shares of Bulgold Inc.

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 11, 2025 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired via a private placement 1,454,553 common shares of Bulgold Inc. (TSXV – ZLTO) (the “Issuer”) at the price of C$0.05 per share for aggregate consideration of C$72,727.65.

    Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned 3,253,967 common shares and 833,333 warrants, representing an approximate 11.79% interest in the Issuer on an undiluted basis and a 14.38% interest in the Issuer on a partially diluted basis. Immediately following the transaction that triggered the requirement to file this news release, Dundee and its affiliates own or control an aggregate of 4,708,520 common shares and 833,333 warrants, representing an approximate 9.58% interest in the Issuer on an undiluted basis and a 11.09% interest in the Issuer on a partially diluted basis.

    Dundee acquired the securities of the Issuer for investment purposes only. Dundee intends to review, on a continuous basis, various factors related to its investment, including (but not limited to) the price and availability of the securities of the Issuer, subsequent developments affecting the Issuer or its business, and the general market and economic conditions. Based upon these and other factors, Dundee may decide to purchase additional securities of the Issuer or may decide in the future to sell all or part of its investment.

    This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report. The early warning report respecting the acquisition will be filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com under the Issuer’s profile. To obtain a copy of the early warning report filed by Dundee, please contact:

    Dundee Corporation
    Legal Department
    80 Richmond Street West, Suite 2000
    Toronto, Ontario M5H 2A4
    Tel: (416) 365-5172

    ABOUT DUNDEE CORPORATION

    Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Investor and Media Relations
    T: (416) 864-3584
    E: ir@dundeecorporation.com

    The MIL Network

  • MIL-OSI Security: Fort Myers Man Sentenced to 10 Years in Federal Prison for Robbing Convenience Stores at Gunpoint

    Source: US FBI

    Fort Myers, Florida – U.S. District Judge Sheri Polster Chappell has sentenced Kevoun Najae Watts (22, Fort Myers) to 10 years in federal prison for Hobbs Act robbery and brandishing a firearm during and in relation to a crime of violence. The court also ordered Watts to forfeit the firearm and ammunition used in the offenses. Watts pleaded guilty on February 26, 2025.

    According to court documents, Watts admitted to robbing a gas station and a convenience store at gunpoint on July 31, 2024, in Fort Myers.

    This case was investigated by the Lee County Sheriff’s Office, the Fort Myers Police Department, and the Federal Bureau of Investigation. It was prosecuted by Assistant United States Attorney Mark Morgan.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI

  • MIL-OSI USA: Senator Collins Welcomes Islesboro Native as a Summer Intern in Her Washington Office

    US Senate News:

    Source: United States Senator for Maine Susan Collins
    Published: July 11, 2025

    Click HERE for a high-resolution photo
    Washington, D.C.  – U.S. Senator Susan Collins announced that Charles Jagger, an Islesboro native, has been awarded a summer internship in her Washington office.  Charles is a graduate of Islesboro Central School.
    “Charles is a dedicated student whose strong academic background makes him well-suited for this role serving the people of Maine,” said Senator Collins. “I am glad to welcome him to my Washington office to assist my staff with important legislative work.”
    Charles is a rising senior at Wheaton College in Massachusetts, where he is majoring in Finance. On campus, he is co-president of the Investment and Business networking clubs. Upon graduation, Charles plans to work in the finance sector or fiscal policy industry.
    Maine students who are interested in applying for future sessions of the internship program can do so through Senator Collins’ website at: https://www.collins.senate.gov/services/students.

    MIL OSI USA News

  • MIL-OSI: Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility

    Source: GlobeNewswire (MIL-OSI)

    Southfield, Michigan, July 11, 2025 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from September 30, 2026, to September 30, 2028. The interest rate on borrowings under the facility has decreased from the Secured Overnight Financing Rate (“SOFR”) plus 210 basis points to SOFR plus 185 basis points. The amendment has also decreased the servicing fee from 6.0% to 4.0% of collections on the underlying consumer loans. There were no other material changes to the terms of the facility.

    As of July 11, 2025, we did not have a balance outstanding under the facility.

    Description of Credit Acceptance Corporation

    We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

    Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC. For more information, visit creditacceptance.com.

    The MIL Network

  • MIL-OSI: NFT Limited Announces Filing of the 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 11, 2025 (GLOBE NEWSWIRE) — NFT Limited (“MI” or the “Company”) (NYSE: MI) today announced that on April 30, 2025, the Company filed its annual report on Form 20-F for the year ended December 31, 2024 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”).

    In compliance with the New York Stock Exchange rules, the Form 20-F is available on the Company’s website at www.nftoeo.com. In addition, all shareholders of the Company may request, free of charge, a hard copy of the Company’s complete audited financial statements filed with the SEC. To request a hard copy of the Company’s audited financial statements, or for any other inquiry in respect of this press release, please contact the Investor Relations Department of the Company, whose contact information is as follows: IR@nft-limited.com  

    About NFT Limited

    NFT Limited (formerly known as Takung Art Co Ltd.) operates an online electronic platform (www.nftoeo.com) for offering and trading of digital artwork. Through its platform, the Company allows artists/art dealers/owners to access a much bigger art trading market where they can engage with a wide range of investors. It generates revenue in the form of services in connection with the offering and trading of artwork on its platform, primarily consisting of listing fees, trading commissions, and management fees. Please visit: www.nftoeo.com.

    Forward-Looking Statements

    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. NFT warns that forward-looking statements are subject to many assumptions, risks and uncertainties that will change over time. Forward looking statements may be identified by words such as “may”, “can”, “should”, “will”, “estimate”, “plan”, “project”, “forecast”, “intend”, “expect”, “predict”, “believe”, “seek”, “target”, “Outlook” or similar words.

    These forward-looking statements are based on information available as of the date of this press release and our management’s current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but not are limited to, the risk factors described by NFT in its filings with the Securities and Exchange Commission (“SEC”).

    Contact
    Investor Relations
    IR@nft-limited.com

    SOURCE NFT Limited

    The MIL Network

  • MIL-OSI: NFT Limited Announces Filing of the 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 11, 2025 (GLOBE NEWSWIRE) — NFT Limited (“MI” or the “Company”) (NYSE: MI) today announced that on April 30, 2025, the Company filed its annual report on Form 20-F for the year ended December 31, 2024 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”).

    In compliance with the New York Stock Exchange rules, the Form 20-F is available on the Company’s website at www.nftoeo.com. In addition, all shareholders of the Company may request, free of charge, a hard copy of the Company’s complete audited financial statements filed with the SEC. To request a hard copy of the Company’s audited financial statements, or for any other inquiry in respect of this press release, please contact the Investor Relations Department of the Company, whose contact information is as follows: IR@nft-limited.com  

    About NFT Limited

    NFT Limited (formerly known as Takung Art Co Ltd.) operates an online electronic platform (www.nftoeo.com) for offering and trading of digital artwork. Through its platform, the Company allows artists/art dealers/owners to access a much bigger art trading market where they can engage with a wide range of investors. It generates revenue in the form of services in connection with the offering and trading of artwork on its platform, primarily consisting of listing fees, trading commissions, and management fees. Please visit: www.nftoeo.com.

    Forward-Looking Statements

    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. NFT warns that forward-looking statements are subject to many assumptions, risks and uncertainties that will change over time. Forward looking statements may be identified by words such as “may”, “can”, “should”, “will”, “estimate”, “plan”, “project”, “forecast”, “intend”, “expect”, “predict”, “believe”, “seek”, “target”, “Outlook” or similar words.

    These forward-looking statements are based on information available as of the date of this press release and our management’s current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but not are limited to, the risk factors described by NFT in its filings with the Securities and Exchange Commission (“SEC”).

    Contact
    Investor Relations
    IR@nft-limited.com

    SOURCE NFT Limited

    The MIL Network

  • MIL-OSI: NFT Limited Announces Filing of the 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 11, 2025 (GLOBE NEWSWIRE) — NFT Limited (“MI” or the “Company”) (NYSE: MI) today announced that on April 30, 2025, the Company filed its annual report on Form 20-F for the year ended December 31, 2024 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”).

    In compliance with the New York Stock Exchange rules, the Form 20-F is available on the Company’s website at www.nftoeo.com. In addition, all shareholders of the Company may request, free of charge, a hard copy of the Company’s complete audited financial statements filed with the SEC. To request a hard copy of the Company’s audited financial statements, or for any other inquiry in respect of this press release, please contact the Investor Relations Department of the Company, whose contact information is as follows: IR@nft-limited.com  

    About NFT Limited

    NFT Limited (formerly known as Takung Art Co Ltd.) operates an online electronic platform (www.nftoeo.com) for offering and trading of digital artwork. Through its platform, the Company allows artists/art dealers/owners to access a much bigger art trading market where they can engage with a wide range of investors. It generates revenue in the form of services in connection with the offering and trading of artwork on its platform, primarily consisting of listing fees, trading commissions, and management fees. Please visit: www.nftoeo.com.

    Forward-Looking Statements

    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. NFT warns that forward-looking statements are subject to many assumptions, risks and uncertainties that will change over time. Forward looking statements may be identified by words such as “may”, “can”, “should”, “will”, “estimate”, “plan”, “project”, “forecast”, “intend”, “expect”, “predict”, “believe”, “seek”, “target”, “Outlook” or similar words.

    These forward-looking statements are based on information available as of the date of this press release and our management’s current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but not are limited to, the risk factors described by NFT in its filings with the Securities and Exchange Commission (“SEC”).

    Contact
    Investor Relations
    IR@nft-limited.com

    SOURCE NFT Limited

    The MIL Network

  • MIL-OSI: NFT Limited Announces Filing of the 2024 Annual Report on Form 20-F

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 11, 2025 (GLOBE NEWSWIRE) — NFT Limited (“MI” or the “Company”) (NYSE: MI) today announced that on April 30, 2025, the Company filed its annual report on Form 20-F for the year ended December 31, 2024 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”).

    In compliance with the New York Stock Exchange rules, the Form 20-F is available on the Company’s website at www.nftoeo.com. In addition, all shareholders of the Company may request, free of charge, a hard copy of the Company’s complete audited financial statements filed with the SEC. To request a hard copy of the Company’s audited financial statements, or for any other inquiry in respect of this press release, please contact the Investor Relations Department of the Company, whose contact information is as follows: IR@nft-limited.com  

    About NFT Limited

    NFT Limited (formerly known as Takung Art Co Ltd.) operates an online electronic platform (www.nftoeo.com) for offering and trading of digital artwork. Through its platform, the Company allows artists/art dealers/owners to access a much bigger art trading market where they can engage with a wide range of investors. It generates revenue in the form of services in connection with the offering and trading of artwork on its platform, primarily consisting of listing fees, trading commissions, and management fees. Please visit: www.nftoeo.com.

    Forward-Looking Statements

    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. NFT warns that forward-looking statements are subject to many assumptions, risks and uncertainties that will change over time. Forward looking statements may be identified by words such as “may”, “can”, “should”, “will”, “estimate”, “plan”, “project”, “forecast”, “intend”, “expect”, “predict”, “believe”, “seek”, “target”, “Outlook” or similar words.

    These forward-looking statements are based on information available as of the date of this press release and our management’s current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but not are limited to, the risk factors described by NFT in its filings with the Securities and Exchange Commission (“SEC”).

    Contact
    Investor Relations
    IR@nft-limited.com

    SOURCE NFT Limited

    The MIL Network

  • MIL-OSI: ETC Announces Fiscal 2026 First Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    SOUTHAMPTON, Pa., July 11, 2025 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 30, 2025 (the “2026 first fiscal quarter”).

    Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “We are pleased with the 39% increase in ETC operating income vs. prior year driven by an increase in sales of Aircrew Training Systems (“ATS”) and a decrease in operating expenses as compared to the prior year, as well as our 34% gross profit margin excluding the impact of lower margin sales related to construction of an aeromedical center during the 2026 first fiscal quarter. We exit the quarter with a sales backlog of $73 million and a large pipeline of opportunities.”

    Fiscal 2026 First Quarter Results of Operations

    Net Income

    Net income was $1.3 million, or $0.07 diluted earnings per share, in the 2026 first fiscal quarter, compared to net income of $1.4 million during the 2025 first fiscal quarter, or $0.08 diluted earnings per share. The $0.1 million decrease is primarily attributable to a $0.4 million, or 385.3% increase in interest expense, net and a $0.4 million, or 1850.0% increase in income tax provision in the 2026 first fiscal quarter as compared to 2025 first fiscal quarter partially offset by the net effect of a $0.9 million increase in ATS net sales, excluding the Aeromedical center building revenue, and a $0.7 million decrease in Commercial/Industrial Systems (“CIS”) net sales, and a $0.5 million decrease in operating expenses.

    Net Sales

    Net sales in the 2026 first fiscal quarter were $17.6 million, an increase of $4.1 million, or 30.5%, compared to 2025 first fiscal quarter net sales of $13.5 million. The increase in net sales was mainly a result of a $4.8 million, or 74.9% increase in ATS sales, $3.9 million of which relates to aeromedical center building revenue, slightly offset by a $0.8 million, or 14.2% decrease in Sterilizer Systems sales in the 2026 first fiscal quarter as compared to 2025 first fiscal quarter.

    Gross Profit

    Gross profit for the 2026 first fiscal quarter was $4.7 million (26.5% of net sales) compared to $4.5 million in 2025 first fiscal quarter (33.6% of net sales). The decrease in gross profit margin as a percentage of sales was a direct result of the increase in aeromedical center building revenue within the ATS business unit, which is lower margin than ETC’s core businesses as the work is being performed by a sub-contracted construction firm. Excluding the impact of the aeromedical center building revenue, gross profit margin was 34.3% for first fiscal quarter 2026 as compared to 33.9% for first fiscal quarter 2025.

    Operating Expenses

    Operating expenses, including sales and marketing, general and administrative, and research and development, for the 2026 first fiscal quarter were $2.5 million, a decrease of $0.5 million, or 16.0%, compared to $3.0 million for the 2025 first fiscal quarter. The decrease in operating expenses was due primarily to lower research and development expense at ETC-PZL in 2026 first fiscal quarter as compared to 2025 first fiscal quarter. In 2025 first fiscal quarter, ETC-PZL had limited sales which resulted in employees working on non-chargeable research and development projects.

    Operating Income

    Operating income for the 2026 fiscal first quarter was $2.2 million, an increase of $0.6 million, or 39.4%, compared to $1.6 million for the 2025 first fiscal quarter. The increase in operating income is attributable to the net effect of a $0.9 million increase in ATS net sales, excluding the Aeromedical center building revenue, and a $0.7 million decrease in Commercial/Industrial Systems (“CIS”) net sales, and a $0.5 million decrease in operating expenses.

    Interest Expense, Net

    Interest expense, net, for the 2026 first fiscal quarter was $0.6 million compared to $0.1 million in the 2025 first fiscal quarter, an increase of $0.4 million, or 385.3%, reflecting increased borrowing attributable to the leaseback of the demonstration equipment in 2025 fourth fiscal quarter.

    Income Tax Provision

    Income tax provision for the 2026 first fiscal quarter was $0.4 million compared to $0.0 million in the 2025 first fiscal quarter, an increase of $0.4 million, or 1850.0%. The increase is a non-cash tax expense attributable to the utilization of our Net Operating Loss (NOL) carryforward for which a deferred tax asset was established in the fourth quarter of fiscal 2025.

    Cash Flows from Operating, Investing, and Financing Activities

    During the 2026 first fiscal quarter, cash flows used in operating activities were $2.7 million, a decrease of $5.6 million compared to cash flows provided by operating activities of $2.9 million during 2025 first fiscal quarter. Cash flows during the 2026 first fiscal quarter primarily decreased as a result of an increase in accounts receivable, net, slightly offset by an increase in accounts payable, trade for 2026 first fiscal quarter as compared to 2025 first fiscal quarter.

    Cash used for investing activities primarily relates to funds used for capital expenditures of equipment and software development. The Company’s investing activities used $0.1 million during the 2026 and 2025 first fiscal quarter.

    The Company’s financing activities provided $1.0 million of cash during the 2026 first fiscal quarter from borrowings under the Company’s credit facility as compared to repayments under the Company’s credit facility of $3.1 during the 2025 first fiscal quarter.

    About ETC

    ETC was incorporated in 1969 in Pennsylvania. For over five decades, we have provided our customers with products, services, and support. Innovation, continuous technological improvement and enhancement, and product quality are core values that are critical to our success. We are a significant supplier and innovator in the following areas: (i) software driven products and services used to create and monitor the physiological effects of flight, including high performance jet tactical flight simulation, fixed and rotary wing upset prevention and recovery and spatial disorientation, and both suborbital and orbital commercial human spaceflight, collectively, Aircrew Training Systems (“ATS”); (ii) altitude (hypobaric) chambers; (iii) hyperbaric chambers for multiple persons (multiplace chambers); (iv) Advanced Disaster Management Simulators (“ADMS”); (v) steam and gas (ethylene oxide) sterilizers (“Sterilizer Systems” or “Sterilizers”); and (vi) Environmental Testing and Simulation Systems (“ETSS”).

    We operate in two primary business segments, Aerospace Solutions (“Aerospace”) and Commercial/Industrial Systems (“CIS”). Aerospace encompasses the design, manufacture, and sale of: (i) ATS products; (ii) altitude (hypobaric) chambers; (iii) hyperbaric chambers for multiple persons (multiplace chambers); and (iv) ADMS, as well as integrated logistics support (“ILS”) for customers who purchase these products or similar products manufactured by other parties. These products and services provide customers with an offering of comprehensive solutions for improved readiness and reduced operational costs. Sales of our Aerospace products are made principally to U.S. and foreign government agencies and to civil aviation organizations. CIS encompasses the design, manufacture, and sale of: (i) steam and gas (ethylene oxide) sterilizers; and (ii) ETSS; as well as parts and service support for customers who purchase these products or similar products manufactured by other parties. Sales of our CIS products are made principally to the healthcare, pharmaceutical, and automotive industries.

    ETC-PZL Aerospace Industries Sp. z o.o. (“ETC-PZL”), our 100%-owned subsidiary in Warsaw, Poland, is currently our only operating subsidiary. ETC-PZL manufactures certain simulators and provides software to support products manufactured domestically within our Aerospace segment.

    The majority of our net sales are generated from long-term contracts with foreign and U.S. governments and agencies (including foreign military sales (“FMS”) contracted through the U.S. Government) for the research, design, development, manufacture, integration, and sustainment of ATS products, including Chambers and the simulators manufactured and sold through ETC-PZL, collectively, ATS as well as long-term contracts with domestic and international customers for the sale of Sterilizer systems. The Company also enters into long-term contracts with domestic customers for the sale of ETSS. Net sales of ADMS are generally much shorter term in nature and vary between domestic and international customers. We generally provide our products and services under fixed-price contracts.

    ETC’s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC’s headquarters is located in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/. The information contained on our website is not incorporated by reference in this news release.

    Forward-looking Statements

    This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements. Except as required by law, we assume no obligation to update or revise any forward looking statements.

    Contact: Tim Kennedy, CFO
    Phone: (215) 355-9100 x1531
    E-mail: tkennedy@etcusa.com
       

    – Financial Table Follows –

    Table A                
    ENVIRONMENTAL TECTONICS CORPORATION  
    SUMMARY TABLE OF RESULTS  
    (in thousands, except per share information)  
    (unaudited)  
                     
      Thirteen weeks ended   Variance  
    (in thousands, except per share information) May 30, 2025   May 24, 2024   ($)   (%)  
    Net sales $ 17,601     $ 13,492     $ 4,109     30.5    
    Cost of goods sold   12,939       8,965       3,974     44.3    
    Gross Profit   4,662       4,527       135     3.0    
    Gross profit margin %   26.5 %     33.6 %     -7.1 %   -21.1 %  
                     
    Operating expenses   2,498       2,975       (477 )   -16.0    
    Operating income   2,164       1,552       612     39.4    
    Operating margin %   12.3 %     11.5 %     0.8 %   6.9 %  
                     
    Interest expense, net   563       116       447     385.3    
    Other (income) expense, net   (78 )     55       (133 )   -241.8    
    Income before income taxes   1,679       1,381       298     21.6    
    Pre-tax margin %   9.5 %     10.2 %     -0.7 %   -6.9 %  
                     
    Income tax provision   390       20       370     1850.0    
    Net income   1,289       1,361       (72 )   -5.3    
    Preferred Stock dividends   (121 )     (121 )         0.0    
    Income attributable to common and                
    participating shareholders $ 1,168     $ 1,240     $ (72 )   -5.8    
                     
    Per share information:                
    Basic earnings per common and participating share:                
    Distributed earnings per share:                
    Common $     $     $        
    Preferred $ 0.02     $ 0.02     $     0.0    
    Undistributed earnings per share:                
    Common $ 0.07     $ 0.08     $ (0.01 )   -12.5    
    Preferred $ 0.07     $ 0.08     $ (0.01 )   -12.5    
    Diluted earnings per share $ 0.07     $ 0.08     $ (0.01 )   -12.5    
                     
                     
    Total basic weighted average common and participating shares   15,665       15,569            
                     
    Total diluted weighted average shares   16,998       16,062            
     

    The MIL Network

  • MIL-OSI: MidWestOne Financial Group, Inc. Announces Second Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    IOWA CITY, Iowa, July 11, 2025 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne” or the “Company”), parent company of MidWestOne Bank, today announced that its second quarter 2025 financial results will be released after market closes on Thursday, July 24, 2025. The Company will host a conference call to discuss its financial results at 11:00 a.m. Central Time on Friday, July 25, 2025.

    Investors and analysts interested in participating in the call may pre-register utilizing the following link: https://www.netroadshow.com/events/login?show=a6070726&confId=80381. After pre-registering for this event, you will receive your access details via email. On the day of the call, you are also able to dial 1-833-470-1428 (callers located in Canada please dial 1-833-950-0062) approximately 15 minutes prior to the start of the call and providing the access code 293794. A live audio webcast of the conference call can be accessed through the Investor Relations section of the Company’s website at https://www.midwestonefinancial.com.

    A replay of the conference call will be available within four hours of the conclusion of the call and can be accessed both online and by dialing 1-866-813-9403 within the United States and Canada (all other international callers please dial +440-204-525-0658). The pin to access the telephone replay is 763204. The replay will be available until October 23, 2025.

    About MidWestOne Financial Group, Inc.
    MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne is the parent company of MidWestOne Bank, which operates banking offices in Iowa, Minnesota, Wisconsin, and Colorado. MidWestOne provides electronic delivery of financial services through its website, MidWestOne.bank. MidWestOne Financial Group, Inc. trades on the Nasdaq Global Select Market under the symbol “MOFG”.

    Category: Earnings
    This news release may be downloaded from Corporate Profile | MidWestOne Financial Group, Inc.

    Source: MidWestOne Financial Group, Inc.

    Industry: Banks

    Contacts:  
    Charles N. Reeves Barry S. Ray
    Chief Executive Officer Chief Financial Officer
    319.356.5800 319.356.5800

    The MIL Network

  • MIL-OSI: Southside Bancshares, Inc. Announces Second Quarter Earnings Call

    Source: GlobeNewswire (MIL-OSI)

    TYLER, Texas, July 11, 2025 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside”) (NYSE: SBSI), the holding company for Southside Bank, announced today it will release its second quarter financial results before the market opens on Friday, July 25, 2025. Southside will host a conference call to discuss its results on Friday, July 25, 2025, at 11:00 a.m. CDT.

    The call will be hosted by Lee R. Gibson, CEO, Keith Donahoe, President, Julie Shamburger, CFO, and Lindsey Bailes, VP, Investor Relations. Following prepared remarks there will be a question and answer session for the analyst community.

    The Conference Call Details

    The conference call can be accessed by webcast, for listen-only mode, here or on the company website, https://investors.southside.com, under Events.

    Those interested in participating in the question and answer session, or others who prefer to call-in, can register using this online form to receive the dial-in number and unique code to access the conference call seamlessly. While not required, it is recommended that those wishing to participate register 10 minutes prior to the conference call to ensure a more efficient registration process.

    For those unable to attend the live event, a webcast recording will be available here or on the company website, https://investors.southside.com, for at least 30 days, beginning approximately two hours following the conference call.

    About Southside Bancshares, Inc.

    Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $8.34 billion in assets as of March 31, 2025. Through its wholly-owned subsidiary, Southside Bank, Southside currently operates 53 branches and a network of 71 ATMs/ITMs throughout East Texas, Southeast Texas and the greater Dallas/Fort Worth, Austin and Houston areas. Serving customers since 1960, Southside Bank is a community-focused financial institution that offers a full range of financial products and services to individuals and businesses. These products and services include consumer and commercial loans, mortgages, deposit accounts, safe deposit boxes, treasury management, wealth management, trust services, brokerage services and an array of online and mobile services.

    To learn more about Southside Bancshares, Inc., please visit our investor relations website at https://investors.southside.com. Our investor relations site provides a detailed overview of our activities, financial information and historical stock price data. To receive e-mail notification of company news, events and stock activity, please register on the website under Resources and Investor Email Alerts. Questions or comments may be directed to Lindsey Bailes at 903-630-7965 or lindsey.bailes@southside.com.

    For further information:                                
    Lindsey Bailes
    903-630-7965

    The MIL Network