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Category: GlobeNewswire

  • MIL-OSI: TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioenergy Collaboration

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, MALAYSIA, June 18, 2025 (GLOBE NEWSWIRE) — TMD Energy Limited (the “Company” or “TMDEL”) (NYSE American: TMDE), together with its subsidiaries is a Malaysia and Singapore based services provider engaged in integrated bunkering services which involves ship-to-ship transfer of marine fuels, ship management services and vessel chartering services, today announced the Company has entered into a Memorandum of Agreement (“MOA”) with bioenergy firm Double Corporate Sdn Bhd (“Double Corporate”) to explore a strategic collaboration for the EU and Asia market.

    This collaboration marks a new milestone towards TMDEL’s strategy to expand into sustainable and alternative fuel energy sectors. The MOA initiates exclusive good-faith negotiations to formalize partnerships in bioenergy sustainable fuel solutions and operational integration.

    Double Corporate is a ISCC-EU certified Malaysian-based bioenergy company specializing in waste-based bioenergy and it involves converting waste into high-yield sustainable fuels and lubricants using proprietary, ISCC-EU-approved technology. Double Corporate brings to the table a decade-long expertise in producing high-yield, low-emission biofuels suitable for applications in the sustainable aviation fuel (“SAF”) and sustainable marine fuel (“SMF”) markets, particularly in Europe and Asia.

    Dato’ Sri Kam Choy Ho, Chairman and CEO of the Company, stated that: “This partnership aligns with our vision to expand regionally and globally to advance long term sustainable, green business and fuel innovation. Double Corporate’s circular-economy focus complements our commitment to environmentally responsible energy solutions.”

    Key Agreement Terms

    The MOA establishes the parties’ intention to enter into mutual discussions to collaborate and participate in the business in Malaysia and globally with a one-year exclusivity period for negotiations, extendable by mutual consent. Both parties will prioritize finalizing definitive agreements within the exclusivity window.

    About Double Corporate

    Double Corporate is a certified Malaysian bioenergy leader converting waste into sustainable fuels and lubricants through proprietary ISCC-EU-approved technology. Double Corporate is in the development and commercialization of waste-based bioenergy, with a focus on refining palm oil mill effluent, Empty Fruit Bunches, used cooking oil, and other industrial waste oils into certified biofuels. Its high-yield (1:1 conversion) refining process minimizes waste and energy consumption while producing critical feedstocks for SAF and SMF — supported by global certifications American Petroleum Institute, ISCC and automated in-house systems. For more information, please visit Double Corporate website at: www.doublecorporate.com.

    About TMD Energy Limited

    TMD Energy Limited and its subsidiaries (“TMDEL Group”) are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil of which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. TMDEL Group is also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering. As of today, TMDEL Group operates in 19 ports across Malaysia with a fleet of 15 bunkering vessels. For more information, please visit the Company’s website at: www.tmdel.com.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including but not limited to, the Company’s Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may”, “could”, “will”, “should”, “would”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “project” or “continue” or the negative of these terms or other comparable terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s financial results filings with the U.S. Securities and Exchange Commission.

    For investor and media inquiries, please contact:
    TMD ENERGY LIMITED
    e-Mail: corporate@tmdel.com

    WFS INVESTOR RELATIONS
    e-Mail: services@wealthfsllc.com

    The MIL Network –

  • MIL-OSI: TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioenergy Collaboration

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, MALAYSIA, June 18, 2025 (GLOBE NEWSWIRE) — TMD Energy Limited (the “Company” or “TMDEL”) (NYSE American: TMDE), together with its subsidiaries is a Malaysia and Singapore based services provider engaged in integrated bunkering services which involves ship-to-ship transfer of marine fuels, ship management services and vessel chartering services, today announced the Company has entered into a Memorandum of Agreement (“MOA”) with bioenergy firm Double Corporate Sdn Bhd (“Double Corporate”) to explore a strategic collaboration for the EU and Asia market.

    This collaboration marks a new milestone towards TMDEL’s strategy to expand into sustainable and alternative fuel energy sectors. The MOA initiates exclusive good-faith negotiations to formalize partnerships in bioenergy sustainable fuel solutions and operational integration.

    Double Corporate is a ISCC-EU certified Malaysian-based bioenergy company specializing in waste-based bioenergy and it involves converting waste into high-yield sustainable fuels and lubricants using proprietary, ISCC-EU-approved technology. Double Corporate brings to the table a decade-long expertise in producing high-yield, low-emission biofuels suitable for applications in the sustainable aviation fuel (“SAF”) and sustainable marine fuel (“SMF”) markets, particularly in Europe and Asia.

    Dato’ Sri Kam Choy Ho, Chairman and CEO of the Company, stated that: “This partnership aligns with our vision to expand regionally and globally to advance long term sustainable, green business and fuel innovation. Double Corporate’s circular-economy focus complements our commitment to environmentally responsible energy solutions.”

    Key Agreement Terms

    The MOA establishes the parties’ intention to enter into mutual discussions to collaborate and participate in the business in Malaysia and globally with a one-year exclusivity period for negotiations, extendable by mutual consent. Both parties will prioritize finalizing definitive agreements within the exclusivity window.

    About Double Corporate

    Double Corporate is a certified Malaysian bioenergy leader converting waste into sustainable fuels and lubricants through proprietary ISCC-EU-approved technology. Double Corporate is in the development and commercialization of waste-based bioenergy, with a focus on refining palm oil mill effluent, Empty Fruit Bunches, used cooking oil, and other industrial waste oils into certified biofuels. Its high-yield (1:1 conversion) refining process minimizes waste and energy consumption while producing critical feedstocks for SAF and SMF — supported by global certifications American Petroleum Institute, ISCC and automated in-house systems. For more information, please visit Double Corporate website at: www.doublecorporate.com.

    About TMD Energy Limited

    TMD Energy Limited and its subsidiaries (“TMDEL Group”) are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil of which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. TMDEL Group is also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering. As of today, TMDEL Group operates in 19 ports across Malaysia with a fleet of 15 bunkering vessels. For more information, please visit the Company’s website at: www.tmdel.com.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including but not limited to, the Company’s Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may”, “could”, “will”, “should”, “would”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “project” or “continue” or the negative of these terms or other comparable terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s financial results filings with the U.S. Securities and Exchange Commission.

    For investor and media inquiries, please contact:
    TMD ENERGY LIMITED
    e-Mail: corporate@tmdel.com

    WFS INVESTOR RELATIONS
    e-Mail: services@wealthfsllc.com

    The MIL Network –

  • MIL-OSI: Major milestone for Axi as broker teams up with prestigious media publisher Bloomberg

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, June 18, 2025 (GLOBE NEWSWIRE) — Leading online FX and CFD broker Axi proudly announced a partnership with globally recognised financial services and media company Bloomberg. This strategic collaboration marks a major step forward in the broker’s ongoing commitment to building strong brand awareness and credibility on the global stage.

    Louis Cooper, Chief Commercial Officer at Axi, shows his excitement for this new collaboration, noting: “We are immensely proud to have secured a partnership with a media publisher as globally respected as Bloomberg. A prominent global leader in business and financial news, Bloomberg is renowned for its high-quality journalism and trusted insights. This collaboration gives Axi a unique opportunity to showcase our innovations with a broad, influential audience across the world, which aligns perfectly with our strategic ambitions.”

    As part of the collaboration, Bloomberg will roll out a four-part campaign throughout the summer, focusing exclusively on the broker’s flagship capital allocation program, Axi Select. The program offers ambitious traders the opportunity to access up to $1,000,000 USD in capital funding and earn up to 90% of their profits, as well as the advantage to join the program with zero registration or monthly fees*. Other standout features of Axi Select include, among others, its use of a Standard or a Pro live account, unrestrictive trading conditions, and an exclusive trading room – all designed to accelerate and maximise traders’ potential. In recent weeks, Axi Select announced four traders who reached the top milestone of the program, each receiving a $1M allocation. In addition, other traders on the program have secured capital funding at various levels, including $100K, $200K, and $500K, reflecting the program’s effectiveness in empowering traders to turn their ambitions into reality.

    Recently, the broker was honoured with the ‘Best Funded Trader Program’ award by the ADVFN International Financial Awards, and, among others, was recognised by Finance Feeds with the ‘Most Innovative Proprietary Trading Firm’ award**.

    To learn more about Axi Select click here

    About Axi

    Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

    For more information or additional comments from Axi, please contact: mediaenquiries@axi.com

    The Axi Select program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. *Standard trading fees apply.  

    **Granted to the Axi Group of Companies.

    The MIL Network –

  • MIL-OSI: Bitget Launches “PRO” Mode with Customized Services for Institutional Clients and VIP Traders

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 18, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of Bitget PRO, a new program designed to support institutional and VIP trading needs. Built to meet the operational requirements of high-volume market participants, the program delivers an optimized trading environment with access to lower fees, better interests, custody and loan services along with higher API frequency limits, and increased withdrawal limits.

    These enhancements aim to facilitate efficient capital deployment and support complex trading strategies across various market conditions. As for the eligibility criteria, Bitget PRO requirements are automated, making qualifying traders gain easy access to its benefits. The cutoff for qualification occurs automatically at 9:00AM (UTC+8) daily, with varying benefits and fees according to the different PRO levels. PRO 1 requires 20% of users’ trading volume from the past 30-days to come from API trades. Conversely, users who do not meet these criteria will revert to VIP status. Bitget also offers market-making and broker programs, providing additional opportunities for users to engage with the platform’s ecosystem.

    “Institutional traders are increasingly driving the momentum of crypto’s adoption, shaping its narrative through scale, precision, and strategy. Bitget PRO is built to serve as the home base for crypto’s top-tier participants—offering advanced security and a playground to experiment with products that match the evolving demands of high frequency traders,” said Gracy Chen, CEO at Bitget.

    Bitget PRO is an extension of VIP offerings. While the VIP tier is structured for manual and retail traders, the PRO program is engineered for institutional-grade trading via APIs. PRO users benefit from technical advantages including increased rate limits, priority access to technical operations support, and direct engagements with Bitget’s API team for ongoing optimization. Besides higher API rate limits, Bitget PRO users will also unlock institutional loan programs, higher withdrawal limits, a secure private link connection as well as more sub accounts, further adding The new program will unlock a more efficient trading experience for high volume trading, aligning with Bitget’s goal of serving institutional clients and VIP traders at scale.

    Earlier this year, Bitget introduced an Institutional Lending service with up to 5x leverage on spot trading and plans to extend it to derivatives. The platform also upgraded its OTC services and partnered with custodians like Cobo and Fireblocks to enhance security and support. Additionally, Bitget improved its Unified Accounts feature, enabling live trading across multiple pairs within a single account for advanced traders. These steps show Bitget’s strategic plans in providing a comprehensive, institution-ready trading ecosystem.

    Bitget PRO marks the latest development in Bitget’s efforts to provide infrastructure suited for the next era of digital asset trading. As institutional participation in crypto markets deepens, Bitget remains focused on delivering tools and services that align with the requirements of programmatic, high-frequency, and high-volume traders.

    For more information about Bitget PRO, visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ebdbcc63-2ca1-42cc-a119-ca6e51437ee0

    The MIL Network –

  • MIL-OSI: GTreasury Launches GSmart AI, Setting the Standard for Secure, Adaptable, and Agentic AI in Treasury Operations

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 18, 2025 (GLOBE NEWSWIRE) — GTreasury, the global leader in Adaptable Treasury Solutions for the Office of the CFO, today announced the launch of GSmart AI, a comprehensive and purpose-built AI platform uniquely designed for treasury and finance operations. Leveraging best-in-class AI enterprise infrastructure, governance, and agent-driven workflows, GSmart AI empowers CFOs and treasurers to confidently navigate the increasingly complex treasury landscape by providing secure, actionable insights and agentic actions to amplify the value of GTreasury’s solutions, spanning connectivity, liquidity management, cash forecasting, payments, risk, netting, and other core treasury functions.

    CFOs and treasury teams face an evolving mix of complex data, unpredictable market conditions, and increasing regulatory pressure. Reliable AI support is a strategic necessity, and GTreasury’s GSmart AI addresses these demands with powerful capabilities, built-in compliance, and full transparency into every action it takes.

    “For AI to create real value for CFOs, it has to be based on clear design principles of security, removing inefficiencies, fast problem solving, and quick delivery,” said Renaat Ver Eecke, Chief Executive Officer, GTreasury. “GSmart AI, born from our recent investment in our Development Hub in Dublin, Ireland, amplifies our solutions, empowering CFOs and treasury teams to confidently take advantage of powerful insights and value without sacrificing compliance or oversight. We’re proud of our recent investment and expansion in development, which advances our vision of adaptable solutions that provide financial leaders with the clarity to act.”

    The value of GSmart AI lies in its adaptable and scalable capabilities, where AI actively reduces manual effort by performing routine-but-time-consuming treasury tasks, proactively identifying risks and variances, and recommending strategic actions to support more informed decision-making. Its flexible architecture empowers treasury teams to deploy and schedule AI agents tailored to specific operational needs, ensuring maximum adaptability and relevance.

    “With GSmart AI, we’ve built an enterprise-class AI platform that not only analyzes data but actively infers, reasons, and acts on behalf of treasury professionals, amplifying the value of our solutions,” said Mark Johnson, Chief Product Officer, GTreasury. “GSmart AI provides CFOs and treasurers full visibility and control, with clear traceability of every AI-generated output back to its source data. The depth of governance and explainability embedded into GSmart AI distinctly set our platform apart from generalized AI solutions or any other treasury technology.”

    GSmart AI’s differentiated value includes full alignment with ISO/IEC 42001 and ISO/IEC 27001 standards, readiness for the upcoming EU AI Act, and stringent data sovereignty practices. The platform strictly isolates client data, ensures no client data is used in AI model training, and maintains complete transparency through comprehensive audit logs and observability tools.

    Among the key features and benefits of GSmart AI:

    • Enterprise-class infrastructure: A scalable, API-driven agentic platform designed specifically for the complex needs of treasury and finance.
    • Security and compliance: Comprehensive encryption, zero-trust architecture, data residency controls, and rigorous global regulatory compliance including GDPR and CCPA.
    • Complete transparency and auditability: Full visibility into AI operations with explainable outputs linked directly to source documentation, backed by automated security monitoring and audit logging.
    • Client control and data sovereignty: Full user control over AI features through feature flags, explicit opt-in workflows, and strict client-specific data isolation.

    GSmart AI integrates seamlessly within GTreasury’s adaptable treasury management platform, providing flexible and intuitive interaction with existing solutions and workflows.

    To learn more about GSmart AI and request a demo, visit https://www.gtreasury.com/solutions/ai/treasury-ai-platform.

    About GTreasury

    GTreasury provides CFOs and Treasurers with The Clarity to Act on strategic financial decisions with the world’s most adaptable treasury platform, empowering them to face the challenges of today and tomorrow. Because each company faces different points of complexity and needs, our industry-leading solutions are purposefully designed, and amplified by GSmart AI, to support every stage of treasury complexity, from Liquidity Management and Cash Forecasting to Payments, Risk, and Netting. With GTreasury, financial leaders gain comprehensive connectivity across all banks and ERPs to build an orchestrated data environment, enabling rapid value realization with implementations up and running in weeks. Plus, our unmatched industry expertise ensures clients’ continued success through dedicated guidance and top-tier support. Trusted by over 1,000 customers across 160 countries, GTreasury provides treasury and finance teams with the ability to connect, compile, and manage mission-critical data to optimize cash flows and capital structures. To learn more, visit GTreasury.com.

    GTreasury is headquartered in Chicago, with locations serving EMEA (Dublin and London) and APAC (Sydney, Singapore, and Manila).

    Contact
    Kyle Peterson
    kyle@clementpeterson.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b5d13173-97cc-4049-bb43-ab390988e8d0

    The MIL Network –

  • MIL-OSI: Companjon is a top AI innovator, an AIFintech100 company for the second consecutive year

    Source: GlobeNewswire (MIL-OSI)

    • The market leader in Cancel for Any Reason in the EEA region is a top 100 insurtech innovator for the second year running.
    • AI-powered Dynamic Product & Pricing Engine delivers hyper-personalised protection and unlocks 25% M-o-M growth.
    • Newly launched Companjon One API gives partners access to all insurance products and developments through a single connection.

    DUBLIN, June 18, 2025 (GLOBE NEWSWIRE) — Companjon, the market-leading Insurtech+, is an AIFintech100 company for the second year in a row. The award acknowledges Companjon’s pioneering work in building AI-powered insurance solutions that scale across industries and geographies.

    The core of Companjon’s innovation is the company’s Dynamic Product & Pricing Engine, which uses AI and machine learning to analyse up to a billion data points per quote to offer hyper-personalised products to customers. By leveraging AI/ML technologies, Companjon is able to unlock a sustainable, 25% growth month over month. It also uses sophisticated AI models and automation for fast and precise claim handling.

    This year’s recognition also highlights “Companjon One API”, a recent innovation that delivers all Companjon insurance products, updates, and testing capabilities through a single, simplified connection. By reducing integration complexity and cost, One API allows partners to embed insurance into their international products more easily than ever before.

    With these technologies, Companjon became a market leader in Cancel for Any Reason insurance in the EEA region and delivered over 400 million transactions year-to-date.

    Companjon CEO, Matthias Naumann, said: “Being an AIFintech100 again is a strong signal that our approach is working. From our Dynamic Product & Pricing Engine to the newly launched Companjon One API, everything we build is designed to make the lives of our partners easier. That’s how we stay ahead in embedded insurance, and why our partners see measurable gains in revenue and customer experience. These innovations also enable us to unlock outstanding growth and stay market leaders in CFAR in the EEA.”

    FinTech Global CEO, Richard Sachar, said: “We applaud Companjon for being an AIFinTech100 company for a second year in a row. Their continued leadership in AI-powered, embedded insurance is redefining how financial services deliver value. Companjon continues to push boundaries with scalable, dynamic products that create real value for businesses and customers at the same time. We look forward to seeing what they achieve next, and how they will transform the insurtech space even further with the introduction of the Companjon One API.”

    About Companjon

    Companjon is a leading B2B2C Insurtech start-up specialising in fully digital, AI-driven embedded insurance. Its modern, end-to-end insurance solutions enable companies to delight their customers and drive more business value from stronger brand loyalty and new ancillary revenue opportunities. Companjon designs, builds, and underwrites its dynamic solutions on a 100% cloud-based platform capable of issuing 32,000 policies per second. They also introduced “Companjon One API”, which can deliver all their products and AI capabilities through a simplified connection. It has been recognised as one of the World’s Top Insurtech Companies 2024 by CNBC and one of the world’s most innovative insurtechs by FinTech Global for four consecutive years (2021-2024).

    Companjon seeks to change the way people think about insurance by creating seamless and positive experiences when things don’t go as planned: being right there when ‘life’ happens. The company is registered in Ireland and regulated by the Central Bank of Ireland.

    www.companjon.com

    Media Contact:
    Simone Vottari
    +353 86 032 4630
    press@companjon.com

    The MIL Network –

  • MIL-OSI: Articul8 Showcases Multi-Agent Reasoning System to Advance Aerospace Engineering at Paris Air Show

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Articul8, a leading enterprise GenAI company, today unveiled its next-generation multi-agent domain-specific AI platform at the Paris Air Show, demonstrating how artificial intelligence can actively reason, collaborate, and solve engineering problems across the entire aerospace lifecycle — from conceptual design to manufacturing execution.

    The showcase demonstrates how Articul8’s platform reduces errors and delays by orchestrating a team of AI agents that mirror expert-level reasoning across design, modeling, compliance, and supply chain coordination. Unlike traditional tools that passively generate outputs, Articul8’s platform enables AI agents to detect conflicts, propose fixes, and coordinate resolution in real time — with full traceability and enterprise-grade compliance.

    “We’re not just showing a point solution — we’re showing the power of connecting traditional engineering and operational silos,” said Arun Subramaniyan, CEO of Articul8. “At the Paris Air Show, we’re connecting the dots across design, engineering, and supply chain to show how GenAI can actively unlock value with precision in one of the world’s most complex industries.”

    What’s new: Resolving Engineering Failures with Multi-Agent Reasoning AI

    At the Paris Air Show, Articul8 spotlighted a persistent challenge in aerospace engineering: merging modules and sub-assemblies from different suppliers into a unified final assembly. These integration points often fail due to misaligned geometry, inconsistent specifications, or undocumented differences between supplier parts — even when all components technically fall within tolerance limits.

    To demonstrate the platform in action, Articul8 used a real-world example: a radome (aircraft nose covering) failing to merge correctly with the nose cone structure — a costly issue in aerospace assembly.

    With Articul8’s platform:

    • A Supplier Agent with geometry domain-specific model reviews design inputs and makes sure parts meet required specifications
    • A Modeling Agent with a design domain-specific model interacts directly with 3D modeling environments via APIs to check geometry and perform merge validations
    • A Process Agent with a supply-chain domain-specific model ensures the correct assembly sequence is followed, flags any anomalies, and recommends resolution paths

    When the system detects that a radome won’t merge correctly, it doesn’t just halt the process — it identifies the root cause to the right components that need to be repositioned due to their unique deviations, proposes a fix (such as a geometric adjustment), applies it via the modeling environment’s APIs, and auto-generates a compliance note for the supplier to prevent recurrence.

    This intelligent coordination eliminates trial-and-error, reduces stress on already overloaded senior experts, and ensures full traceability at every step.

    From Demo to Deployment: Domain-Specific GenAI in Action

    This live showcase extends Articul8’s growing A8-SupplyChain product line, a family of domain-specific GenAI models purpose-built for manufacturing and industrial environments. These models autonomously translate technical documentation into actionable steps, enabling real-time decision-making across engineering, production, and supplier ecosystems.

    By embedding domain-specific reasoning into every phase — from design validation to corrective action — Articul8 is helping global enterprises reduce risk, minimize delays, and ensure every step is audit-proof.

    Platform Highlights

    • Multi-Agent Domain-specific Orchestration: Domain-specific AI agents with distinct roles work together to carry out and validate engineering tasks across tools and 3D modeling environments — autonomously and in real time.
    • Built-in Domain-specific Reasoning: The system understands context, identifies failure points, and proactively recommends resolutions, knowing the specific nuances of the domain.
    • Traceability by Default: Every step, decision, and system response is logged, making it ideal for safety-critical, highly regulated environments.
    • No Clean Data Required: Articul8 ingests messy, unstructured files — reducing prep time and enabling faster deployment.

    Why It Matters

    With aerospace and defense sectors facing tighter timelines, heightened regulatory scrutiny, and distributed supply chains, Articul8’s platform delivers a new class of intelligence — one that embeds domain expertise directly into the systems teams already use.

    “Domain-specificity is where AI needs to go,” added Subramaniyan. “We’re building intelligent domain-specific agents that don’t just blindly generate outputs — they make decisions, take action, and create impact at every level of engineering.”

    About Articul8
    Articul8 AI is a technology company whose products transform enterprise data and expertise into powerful engines of growth, value and impact. Our full-stack GenAI platform is revolutionizing how enterprises harness their data and expertise to build expert-level Generative AI applications for their mission-critical challenges. Our products deliver enterprise-scale impact with ROI in hours to weeks. General-purpose GenAI models, while necessary, are not sufficient to deliver enterprise-specific decisioning and actioning. Our platform addresses this gap by making it straightforward for companies to build sophisticated, enterprise-scale and expert-level GenAI applications that encode their domain expertise. Our proprietary technology does the heavy lifting through autonomous decisions and actions, automated data intelligence, improved precision and relevance with industry knowledge encoded into Articul8’s library of domain and task-specific models. We are purpose-built for regulated industries and meet the highest standards of compliance, data security, privacy and performance, including traceability and auditability at every step. We are trusted by leading global enterprises such as Franklin Templeton, Intel, Itochu Techno-Solutions Corporation, AWS, Intel and Accenture to transform their mission-critical work.

    Media Contact
    Kacie Thomas
    (559) 287-0325
    Kacie.Thomas@articul8.ai

    The MIL Network –

  • MIL-OSI: Offentliggørelse af prospekt samt formue og investorer for andelsklassen AKL AlphaCura 0/50/100 W i Investeringsforeningen Wealth Invest

    Source: GlobeNewswire (MIL-OSI)

    Hermed offentliggøres prospekt samt formue og antal investorer for andelsklassen AKL AlphaCura 0/50/100 W, som optages til handel på Nasdaq Copenhagen A/S med første handelsdag 20. juni 2025.

    Andelsklasse Formue DKK Antal navnenoterede investorer
    AKL AlphaCura 0/50/100 W 97.291.800 129

    Hvis der måtte være spørgsmål i relation til ovenstående, kan der rettes henvendelse til direktør i Wealth Fund Partners A/S, Lise Bøgelund Jensen på telefon 3328 2828. 

    Med venlig hilsen
    Investeringsforeningen Wealth Invest

    Attachment

    The MIL Network –

  • MIL-OSI: Nokia launches Autonomous Network Fabric to help customers accelerate network automation

    Source: GlobeNewswire (MIL-OSI)

    Press release
    Nokia launches Autonomous Network Fabric to help customers accelerate network automation

    • Nokia Autonomous Network Fabric brings together all the capabilities required to accelerate the journey to full network automation in an open, cloud-native, multi-vendor environment.
    • Key features include a library of cross-domain correlated data products, telco-trained models (LLM/LAM/ML), integrated security, and AI apps for automation workflows.
    • Nokia announces an expanded collaboration with Google Cloud that will make Nokia’s Autonomous Network Fabric available to deploy anywhere customers need it, on Google Cloud, on premises, and in hybrid cloud environments.

    18 June 2025 
    Espoo, Finland – Nokia today announced its Autonomous Networks Fabric, the industry’s first suite of telco-trained AI models, integrated security, and AI apps to accelerate network automation and enable operators to easily roll out new services. Autonomous Network Fabric is a unifying intelligence layer that weaves together observability, analytics, security, and automation across every network domain; allowing a network to behave as one adaptive system, regardless of vendor, architecture, or deployment model. 

    Additionally, Nokia is announcing an expanded collaboration with Google Cloud to enable customers to deploy Nokia’s Autonomous Network Fabric as a SaaS application running on Google Cloud, on-premises with Google Distributed Cloud, and in hybrid cloud environments.
    Over the past few years, operators have started to move toward fully autonomous networks. However, they are held back by legacy systems, siloed processes, and fragmented data. With Nokia’s Autonomous Network Fabric, operators now have a fully integrated suite that features unified data management, 360-degree observability, and explainable AI. Nokia’s Autonomous Network Fabric enables automation at scale, reducing the complexity of automation while allowing operators to improve reliability and operational cost savings by quickly testing new ideas and integrating those that deliver desired benefits.  

    “As networks become more autonomous, they will require different forms of AI—from classical algorithms to language-based systems and intelligent agents—to each contribute distinct capabilities for operators. Nokia’s new tools can help operators to manage their infrastructure, services, and cyber risks by applying AI that is trained on industry-specific data and enriched with real-time situational awareness,” said Andy Hicks, Senior Principal Analyst, GlobalData. 

    Nokia’s Autonomous Networks Fabric will leverage Google Cloud’s generative AI, including Google Cloud’s Vertex AI and BigQuery, to deliver agentic-driven workflows for network operations. This includes real-time monitoring and visibility into network traffic patterns, improving subscriber experience, anomaly detection, zero-touch remediation of performance issues, and support for elastic scale-out and disaster recovery to the cloud.

    Nokia and Google Cloud are making it easier for telecom companies to run Nokia’s 5G core network on Google’s cloud infrastructure. They are also joining forces with a major European operator to build a smarter, more automated network. By combining Nokia’s telecom data and automation capabilities with Google’s AI tools, they aim to create an environment where developers can innovate and rapidly scale network automation.

    “In an era of increasingly complex and vulnerable networks, customers are eager for fully autonomous networks, which depend on good data. There is no good AI without good data. Nokia’s Autonomous Network Fabric lays the foundation and applies our deep network expertise and agentic AI-optimized workflows together with Google Cloud to accelerate customer outcomes,” said Kal De, SVP Product and Engineering, Cloud and Network Services, Nokia.

    “This is another step in our deep partnership with Nokia to strengthen network reliability, proactively detect and resolve network issues, and turn data into value for predictable and high-performing networks. Nokia’s Autonomous Network Fabric taps Nokia’s deep telecom domain knowledge combined with Google Cloud’s AI tools to provide operators with a comprehensive approach for accelerating network automation,” said Muninder Singh Sambi, Vice President and General Manager, Networking and Security, Google Cloud.

    With Nokia’s Autonomous Network Fabric, customer will benefit from the following capabilities:

    Unified Data Management: All relevant network data is collected, curated, correlated, and published as data products leveraging a data mesh architecture. Data is virtually federated with the ability to design and construct new data products rapidly in a low-code/no-code environment. Operators can use logic or AI/ML to create cutting-edge data assets that can be used and reused to power automation. 

    360-degree Observability: The Autonomous Network Fabric federates the use and distribution of data and AI across the organization, monitoring chain of custody from end to end. This ensures quality and consistency in automation. 

    Explainable AI: Powerful telco-trained LLMs support all automation through a rich knowledge engine that gives a clear reasoning for how data is interpreted, how issues are analyzed, and why certain actions are recommended.

    Visit Nokia at Booth 306 at Digital Transformation World to find out more about the future of autonomous networks and see a live demo of Nokia AN Fabric in action.    

    Multimedia, technical information and related news 
    Product Page: Nokia Autonomous Networks 
    Product Page: Nokia Data Suite

    About Nokia 
    At Nokia, we create technology that helps the world act together. 

     As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.  

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future. 

    Media inquiries 
    Nokia Press Office 
    Email: Press.Services@nokia.com 

    Follow us on social media 
    LinkedIn X Instagram Facebook YouTube  

    The MIL Network –

  • MIL-OSI: Institutional Demand Supports Crypto as Bitwise marks five-year anniversary of listing its first European product

    Source: GlobeNewswire (MIL-OSI)

    • Five-year anniversary of Bitwise Physical Bitcoin ETP (BTCE) listing – first spot crypto ETP on Deutsche Börse Xetra
    • Use of German regulator approved prospectus, and an innovative, robust product structure contributed to broader market adoption
    • Adding value: €100 invested into BTCE at launch would now be worth over €1,0001– long-term trends continue to support investor interest in digital assets

    June 18, 2025. Frankfurt: Bitwise today celebrates the five-year anniversary of its first European product: the Bitwise Physical Bitcoin ETP (BTCE), the world’s first-ever centrally cleared Bitcoin ETP. The listing on 18 June 2020 marked Bitwise’s debut in European markets and became a catalyst for a wave of listings of crypto products on Xetra, Europe’s largest ETF trading venue.

    Bradley Duke, Head of Europe at Bitwise, said: “Reaching the five-year mark is not just a milestone, it is also a point of reflection on our long-term vision and commitment to building transparent, reliable, and secure access to digital asset investments for European investors. Bitwise is 100% focused on crypto, but many of our experts come from traditional finance, putting us in a unique position to accompany investors on their journey into this new and unique investment class. We thank the pioneering investors and partners who believed in this asset class early on, and we look forward to continuing to serve the evolving needs of the market.”

    Stephan Kraus, Head of ETF & ETP at Deutsche Boerse, said: “We congratulate Bitwise on the fifth anniversary of its Bitcoin ETP on Xetra. The listing of this pioneering product marked the start of our segment for crypto ETNs and was an important step towards giving investors access to the performance of cryptocurrencies in a regulated market environment. It was also the first centrally-cleared product of its kind in the world. As the largest trading venue for crypto ETNs in Europe, we greatly appreciate the partnership with Bitwise, and look forward to continued collaboration.”

    A market benchmark for product design and transparency

    BTCE is now one of Europe’s largest physically backed Bitcoin ETPs by assets under management and the most actively traded. Its structure — featuring full physical backing, physical redemption option, and a strict no-lending policy — has set a new standard for crypto ETP design and reflects the priorities of investors who demanded greater transparency from the outset. Bitwise is grateful to the early adopters who set high expectations and helped raise the standard across the industry.

    Transparency remains central to Bitwise’s approach. Weekly balance reports are published by an independent administrator, and the blockchain addresses of Bitwise’s primary BTC and ETH product custody wallets are publicly disclosed, enabling any investor to verify collateral levels independently. To further reduce operational risk, Bitwise pioneered a safeguard mechanism requiring all crypto and securities asset movements to be approved by an independent transaction administrator, who holds a legally enforceable veto right embedded in the Bitwise ETP structure.

    Bitwise’s management company is ISO/IEC 27001:2017 certified, reflecting its commitment to operational integrity. With no proprietary trading, Bitwise remains fully aligned with client interests.

    As cryptoassets become an accepted component of diversified portfolios, Bitwise continues to support investors with practical tools and evidence-based insights. Internal analysis shows that adding a 5% allocation to Bitcoin within a traditional 60/40 portfolio between 2014 and 2025 would have increased average annual returns from 6.2% to 10.6%, with limited impact on volatility, drawdowns, or risk-adjusted returns.
    Today, more than 250 crypto ETPs are listed across XETRA and other leading European exchanges. Bitwise’s offering has grown in tandem with investor demand, expanding beyond single asset strategies such as Bitcoin, Ethereum, and Solana to include diversified crypto baskets and index-based staking ETPs.

    Bitwise products are designed to integrate seamlessly into professional portfolios, offering exposure to cryptoassets through regulated vehicles— without the operational risks of holding a physical wallet. They are also accessible to individual investors via leading brokerage platforms, with features such as physical redemption included as standard.

    Fundamental trends supporting the demand for crypto assets

    Bitwise believes that a number of fundamental trends may support the value of crypto assets over the long term. In portfolio context, digital assets can be deployed as effective hedge against inflation that is not as susceptible to fiscal or global trade political agendas as traditional currencies. Crypto is more widely accepted by Gen Z investors, who are about to benefit from a wealth transfer from some of the richest generations that ever existed. Many coins have use cases that are independent of their use as a currency. And finally, crypto assets are a welcome solution for the unbanked or underbanked, particularly in parts of the world that are politically unstable. With crypto, access to a smartphone and the internet is enough to make payments.

    Bitwise is continuing to launch innovative new products regularly, such as the Bitwise Diaman Bitcoin & Gold ETP launched in March. Bitwise ETPs can be seamlessly integrated into standard brokerage or ETF portfolio accounts and are often eligible for SIPP and ISA inclusion, making them accessible for long-term investment planning in the UK.

    Resources:

    Dedicated website for the 5 year anniversary of BTCE

    About Bitwise

    Bitwise is one of the world’s leading crypto specialist asset managers. Thousands of financial advisors, family offices, and institutional investors across the globe have partnered with us to understand and access the opportunities in crypto. Since 2017, Bitwise has established a track record of excellence, managing a broad suite of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies – spanning both the U.S. and Europe.

    In Europe, for the past five years Bitwise (formerly ETC Group) has developed an extensive and innovative suite of crypto ETPs, including Europe’s most traded bitcoin ETP, or the first diversified Crypto Basket ETP replicating an MSCI digital assets index.

    This family of crypto ETPs is domiciled in Germany and issued under a base prospectus approved by BaFin. We exclusively partner with reputable entities from the traditional financial industry, ensuring that 100% of the assets are securely stored offline (cold storage) through regulated custodians.

    Our European products comprise a collection of carefully designed financial instruments that seamlessly integrate into any professional portfolio, providing comprehensive exposure to crypto as an asset class. Access is straightforward via major European stock exchanges, with primary listings on Xetra, the most liquid exchange for ETF trading in Europe. Retail investors benefit from easy access through numerous DIY/online brokers, coupled with our robust and secure physical ETP structure, which includes a redemption feature. For more information, visit http://www.bitwiseinvestments.eu

    Media contacts:

    JEA Associates
    John McLeod
    00 44 7886 920436
    john@jeaassociates.com

    Important information
    This press release does not constitute investment advice, nor does it constitute an offer or solicitation to buy financial products. This press release is issued by Bitwise Europe GmbH (“BEU”), a limited company domiciled in Germany, for information only and in accordance with all applicable laws and regulations. BEU gives no explicit or implicit assurance or guarantee regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. It is advised not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Please note that this article is neither investment advice nor an offer or solicitation to acquire financial products or cryptocurrencies.

    Before investing in crypto Exchange Traded Products (“ETPs”), potential investors should consider the following:
    Potential investors should seek independent advice and consider relevant information contained in the base prospectus and the final terms for the ETPs, especially the risk factors. ETPs issued by BEU are suitable only for persons experienced in investing in cryptocurrencies and risks of investing can be found in the prospectus and final terms available on www.bitwiseinvestments.eu. The invested capital is at risk, and losses up to the amount invested are possible. ETPs backed by cryptocurrencies are highly volatile assets and performance is unpredictable. Past performance is not a reliable indicator of future performance. The market price of ETPs will vary and they do not offer a fixed income or match precisely the performance of the underlying cryptocurrency. Investing in ETPs involves numerous risks including general market risks relating to underlying, adverse price movements, currency, liquidity, operational, legal and regulatory risks.

    1 Bloomberg, BTCE GY, data from 18 June 2020 to 27 May 2025

    The MIL Network –

  • MIL-OSI: Agentic AI integration set to accelerate this year among Gen AI early adopters

    Source: GlobeNewswire (MIL-OSI)

    Press contact: 
    Antara Nandy
    Tel.: +91 9674515119  
    Email: antara.nandy@capgemini.com

    Agentic AI integration set to accelerate this year among Gen AI early adopters

    • Two in five organizations expect to achieve positive return on their AI investments in 1-3 years
    • By embedding a targeted set of AI capabilities into core business processes such as procurement, customer service, supply chain optimization, and finance operations, organizations are already achieving significant cost efficiencies

    Paris, June 18, 2025 – A Capgemini Research Institute report published today, ‘AI in action: How Gen AI and agentic AI redefine business operations,’ finds that AI is now driving positive returns on investment (ROI), with the average being nearly a 1.7 times return. The report highlights that this has now laid the groundwork for widespread agentic AI implementation. Among those early adopter organizations that have implemented generative AI (Gen AI), around 30% have already integrated AI agents into their business operations. Agentic AI projects are expected to rise by 48% by the end of 2025. The research also finds that one in five organizations already use AI agents or multi-agent systems, with Gen AI and agentic AI already delivering significant cost savings and operational efficiencies in business functions.

    With businesses planning investments in AI infrastructure, some organizations had expressed concerns about achieving ROI from their large-scale AI and Gen AI rollouts. However, the report finds that these initial concerns are fading fast, as enterprises are now seeing substantial returns, with those surveyed achieving a 1.7 times ROI from their Gen AI and AI investments. As a result, enterprises are increasing their Gen AI investments, with 62% of those surveyed growing their investment in Gen AI this year as compared to last year.

    “Gen AI and agentic AI can truly transform business services – enabling the shift from traditional cost-focused models towards an AI-enabled, value and insight driven business. Those that adopt an integrated approach with data and AI at its core will be set to achieve a truly connected, frictionless enterprise,” said Oliver Pfeil, CEO of Business Services at Capgemini and Member of the Group Executive Committee. “While the research suggests increased adoption of AI agents, organizations still face numerous barriers to implementation at scale. Adopting a pragmatic approach, fostering trust in AI, and creating a strong data foundation will go a long way in transforming business services into a strategic powerhouse to fuel any enterprise.”

    Gen AI adoption has laid the groundwork for agentic AI implementation
    Gen AI is expected to drive improvements in key metrics such as insight accuracy, productivity, time to market, and customer and employee experience over the next three years. As a result, more businesses are seeing the value of Gen AI, with 36% of organizations already implementing it, up from 20% last year. Among those that have adopted Gen AI at a limited or full scale, around 30% have integrated AI agents into their operations.
    The total number of AI agent projects in an average organization are expected to grow 48% in 2025.

    According to the report, AI agents are already delivering significant benefits across business functions, with agents and multi-agent systems reducing errors, improving customer satisfaction levels, increasing operational efficiency, and reducing operational costs. The top five industries adopting AI agents are high tech, industrial manufacturing, consumer products, energy & utilities, and pharma & healthcare.

    Strong leadership and workforce transformation are key to faster returns
    To achieve strong ROI on Gen AI investments, organizations should focus on developing strong leadership, governance, and AI readiness. According to the report, organizations who establish this foundation achieve ROI 45% faster. However, most enterprises currently lack this strong leadership, with only one in three leaders being a strong advocate of Gen AI.

    In addition, organizations must also transform their workforce to derive business value cites the report. In the past two years, enterprises that introduced automation and AI-based use cases have been able to automate 30% of operational tasks, and expect to automate further in the next two years. As responsibilities evolve, organizational upskilling, reskilling, training and job role transitions will feature highly, with almost two-thirds of employees expecting to see their job descriptions altered by 2028. According to the report, employee interaction with AI agents is expected to increase by 2028, so training and upskilling will be needed to prepare workforces for effective human-AI collaboration.

    Report Methodology
    The Capgemini Research Institute conducted a survey of 1,607 executives from organizations with at least $1 billion in global revenue in the last financial year, who are responsible and accountable for one or more AI and gen AI initiatives in business operations. Executives were from supply chain & procurement, finance & accounting, people operations, customer operations, AI leadership and strategy, AI application development and maintenance, AI ethics, regulations, and compliance functions. The executives were from 15 countries across multiple regions and spanning 13 industries. The Institute also interviewed 15 senior executives leading business operations and AI implementation at their respective organizations from across sectors and countries.

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

    Get The Future You Want | www.capgemini.com

    About the Capgemini Research Institute
    The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was ranked #1 in the world for the quality of its research by independent analysts for six consecutive times – an industry first.

    Visit us at https://www.capgemini.com/researchinstitute/

    Attachments

    The MIL Network –

  • MIL-OSI: Inside information: Morten Thorsrud to succeed Torbjörn Magnusson as CEO of Sampo Group

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, inside information, 18 June 2025 at 9:20 am EEST

    Inside information: Morten Thorsrud to succeed Torbjörn Magnusson as CEO of Sampo Group

    Torbjörn Magnusson, the CEO of Sampo Group, has informed the Sampo Board of his intention to retire from his role. Morten Thorsrud, the CEO of Sampo’s largest operating entity, If P&C, has today been appointed as his successor. The change in Group CEO will become effective on 1 October 2025, after which Magnusson will stay within the group as a Senior Advisor until 31 December 2025.

    “I want to thank Torbjörn for his extraordinary contribution to the success of Sampo, both in leading the recent strategic transformation as Group CEO and in laying the foundations of our outstanding success in the Nordic P&C insurance market. He leaves the group in excellent condition and with a compelling set of opportunities.

    The appointment of If’s CEO Morten Thorsrud as Group CEO represents continuity and reflects our commitment to operational excellence. Morten, who has been within the group for 23 years, has taken If’s performance to new heights as CEO. I am delighted to have been able to appoint Torbjörn’s successor from a strong set of high-quality internal candidates”, says Antti Mäkinen, Chair of the Board of Sampo plc.

    “With the strategic transformation of Sampo complete and the business in excellent shape, I have come to the conclusion that it is time for me to hand over to the next generation of leadership. Together with my colleagues, we have achieved more than I could have ever imagined when I joined the group in 1999. Morten has played a crucial role in the success of If P&C and I am confident he will excel as Group CEO of Sampo”, says Torbjörn Magnusson, CEO of Sampo Group.

    “I am honored to be given the opportunity to lead Sampo. As CEO of If, I have continued our efforts on being the most caring and customer centric P&C insurer and on delivering operational excellence through extensive investments in our digital capabilities. I intend to bring the same energy to my work as CEO of Sampo Group”, says Morten Thorsrud, Appointed CEO of Sampo Group and CEO of If P&C

    Further information about remuneration related matters can be found on www.sampo.com.

    SAMPO PLC

    For more information, please contact

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Ainomaija Forsell
    Media Relations
    tel. +358 10 514 4217

    Appendix:
    Curriculum Vitae of Morten Thorsrud

    Distribution:

    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    FIN-FSA
    The principal media
    www.sampo.com

    Appendix: Curriculum Vitae

    Morten Thorsrud
    Born 1971

    Education

    Norwegian School of Management
    – Master of Business and Economics 1996

    Career

    If P&C Insurance Holding Ltd
    – President and CEO 2019-

    Sampo plc
    – Member of the Sampo Group Executive Committee 2006-

    If P&C Insurance Ltd (publ)
    – Group Executive Vice President, Head of BA Private 2013-2019
    – Head of BA Industrial 2005-2013
    – Head of Industrial Underwriting and Claims 2004-2005
    – Head of Corporate Strategy 2002-2004

    McKinsey & Company, Inc. Norway/Europe
    – Associate Partner 2001-2002
    – Engagement Manager 1999-2001
    – Associate 1997-1999
    – Junior Associate 1996-1997

    Positions of trust

    Topdanmark
    – Topdanmark Forsikring A/S: Deputy Chairman 2024–
    – Topdanmark A/S: Board Member 2019-

    Hastings Group
    – Board Member 2020-

    Euronext
    – Member of the Supervisory Board 2019-

    Finance Norway (Finans Norge)
    – Member of the Executive Committee, 2019-
    – Other roles, 2013-2019

    The MIL Network –

  • MIL-OSI: An authorization to register an amendment of the article of association of Urbo bankas UAB has been received

    Source: GlobeNewswire (MIL-OSI)

    Urbo bankas UAB (hereinafter – “the Bank”), company code 112027077, address: Konstitucijos pr.18B, Vilnius.

    The Bank informs that the Financial Market Supervisory Committee of the Bank of Lithuania, by its decision of 17 June 2025, allowed the Bank to register the amendments of the Bank’s articles of association, related with the increase of the authorized capital to EUR 50,988,758.50, as approved by the ordinary general meeting of shareholders held on 21 March 2025.

    For more information please contact: Julius Ivaška, Head of Business Division, tel. +370 601 04 453, e-mail media@urbo.lt

    The MIL Network –

  • MIL-OSI: CEA-Leti and Soitec Announce Strategic Partnership to Leverage FD-SOI for Enhanced Security of Integrated Circuits

    Source: GlobeNewswire (MIL-OSI)

    CEA-Leti and Soitec Announce Strategic Partnership to Leverage FD-SOI for Enhanced Security of Integrated Circuits

    Focus Is on Protecting Critical Markets Such as
    Automotive, Industrial IoT, and Secure Infrastructure

    GRENOBLE, France – June 18, 2025 – CEA-Leti and Soitec today announced a strategic partnership to enhance the cybersecurity of integrated circuits (ICs) through the innovative use of fully depleted silicon-on-insulator (FD-SOI) technologies. This collaboration aims to position FD-SOI as a foundational platform for secure electronics by leveraging and extending its inherent resistance to physical attacks.
    At the heart of the initiative is a joint effort to experimentally validate and augment the security benefits of FD-SOI—from the substrate level up to circuit design. The project aims to deliver concrete data, practical demonstrations, and roadmap guidance to meet the surging cybersecurity demands in critical markets such as automotive, industrial IoT, and secure infrastructure.
    Combining Expertise to Secure the Future of Electronics
    The partnership, which will utilize GlobalFoundries’ advanced chip manufacturing capabilities, will address a growing need for trusted components in embedded and cyber-physical systems—systems that must deliver security services and withstand both software- and hardware-level attacks. With FD-SOI’s proven advantages against laser fault injection (LFI) attacks due to its thin-film architecture and channel isolation, the technology presents a compelling foundation for next-generation secure IC design.
    Key goals of the partnership include:

    • Highlighting FD-SOI’s existing strengths in cybersecurity.
    • Co-developing innovations across the substrate-design stack to boost physical robustness and meet security requirements in automotive and other embedded systems.
    • Demonstrating empirical security data to reinforce FD-SOI’s credibility in certification contexts such as SESIP and Common Criteria.

    Context: Rising Threats, Rising Demand
    “In an era marked by increasing attacks on connected systems and autonomous vehicles, the need for embedded hardware capable of resisting physical tampering has never been greater,” said CEA-Leti CTO Jean-René Lequepeys. “FD-SOI’s unique combination of performance, energy efficiency, and attack resistance offers an ideal answer for industries that demand both trust and efficiency. This project will leverage research results from the FAMES Pilot Line.”
    FD-SOI’s critical benefits include:

    • Physical attack resistance, enabled by electrical isolation between the channel and substrate.
    • Power-performance optimization, vital for battery-constrained applications like automotive ECUs and industrial sensors.
    • Security design enablement, allowing tailored countermeasures such as fault detection and isolation of sensitive circuit domains.

    Long-Term Vision: Toward a New Cyber-Substrate
    While the initial phase focuses on leveraging existing FD-SOI capabilities, the project sets the stage for long-term innovation. The envisioned next-generation cyber-substrate would expand upon FD-SOI’s strengths by incorporating:

    • Enhanced protection against backside and invasive physical attacks.
    • Embedded anti-tamper features and physical unclonable functions (PUFs) for hardware fingerprinting.
    • Dynamic response mechanisms to detect and counter emerging threats.

    This future-oriented work will address both cyber and supply-chain vulnerabilities—making FD-SOI not only more secure, but also more indispensable.
    Soitec’s Senior Executive Vice President in charge of Innovation and Chief Technology Officer Christophe Maleville said: “This partnership with CEA-Leti reflects our strategic ambition to position FD-SOI as a reference platform for secure and energy-efficient electronics. By combining our substrate innovation capabilities with CEA-Leti’s research excellence, we aim to demonstrate the full potential of FD-SOI in addressing today’s most pressing security challenges. Together, we are paving the way for a new generation of trusted technologies that are essential to the future of connected systems.”
    About CEA-Leti (France)
    CEA-Leti, a technology research institute at CEA, is a global leader in miniaturization technologies enabling smart, energy-efficient and secure solutions for industry. Founded in 1967, CEA-Leti pioneers micro-& nanotechnologies, tailoring differentiating applicative solutions for global companies, SMEs and startups. CEA-Leti tackles critical challenges in healthcare, energy and digital migration. From sensors to data processing and computing solutions, CEA-Leti’s multidisciplinary teams deliver solid expertise, leveraging world-class pre-industrialization facilities. With a staff of more than 2,000 talents, a portfolio of 3,200 patents, 11,000 sq. meters of cleanroom space and a clear IP policy, the institute is based in Grenoble, France, and has offices in Silicon Valley, Brussels and Tokyo. CEA-Leti has launched 76 startups and is a member of the Carnot Institutes network. Follow us on www.leti-cea.com and @CEA_Leti.

    Technological expertise
    CEA has a key role in transferring scientific knowledge and innovation from research to industry. This high-level technological research is carried out in particular in electronic and integrated systems, from microscale to nanoscale. It has a wide range of industrial applications in the fields of transport, health, safety and telecommunications, contributing to the creation of high-quality and competitive products.

    For more information: www.cea.fr/english 

    About Soitec
    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 0.9 billion Euros in fiscal year 2024-2025. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of more than 2,200 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Nearly 4,300 patents have been registered by Soitec.
    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.
    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official
    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.
    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official

    Press Contact                                                                                

    CEA-Leti
    Sarah-Lyle Dampoux
    sldampoux@mahoneylyle.com
    +33 6 74 93 23 47

    Soitec
    Relations Media : media@soitec.com
    Relations Investisseurs : investors@soitec.com

    Attachment

    The MIL Network –

  • MIL-OSI: CEA-Leti and Soitec Announce Strategic Partnership to Leverage FD-SOI for Enhanced Security of Integrated Circuits

    Source: GlobeNewswire (MIL-OSI)

    CEA-Leti and Soitec Announce Strategic Partnership to Leverage FD-SOI for Enhanced Security of Integrated Circuits

    Focus Is on Protecting Critical Markets Such as
    Automotive, Industrial IoT, and Secure Infrastructure

    GRENOBLE, France – June 18, 2025 – CEA-Leti and Soitec today announced a strategic partnership to enhance the cybersecurity of integrated circuits (ICs) through the innovative use of fully depleted silicon-on-insulator (FD-SOI) technologies. This collaboration aims to position FD-SOI as a foundational platform for secure electronics by leveraging and extending its inherent resistance to physical attacks.
    At the heart of the initiative is a joint effort to experimentally validate and augment the security benefits of FD-SOI—from the substrate level up to circuit design. The project aims to deliver concrete data, practical demonstrations, and roadmap guidance to meet the surging cybersecurity demands in critical markets such as automotive, industrial IoT, and secure infrastructure.
    Combining Expertise to Secure the Future of Electronics
    The partnership, which will utilize GlobalFoundries’ advanced chip manufacturing capabilities, will address a growing need for trusted components in embedded and cyber-physical systems—systems that must deliver security services and withstand both software- and hardware-level attacks. With FD-SOI’s proven advantages against laser fault injection (LFI) attacks due to its thin-film architecture and channel isolation, the technology presents a compelling foundation for next-generation secure IC design.
    Key goals of the partnership include:

    • Highlighting FD-SOI’s existing strengths in cybersecurity.
    • Co-developing innovations across the substrate-design stack to boost physical robustness and meet security requirements in automotive and other embedded systems.
    • Demonstrating empirical security data to reinforce FD-SOI’s credibility in certification contexts such as SESIP and Common Criteria.

    Context: Rising Threats, Rising Demand
    “In an era marked by increasing attacks on connected systems and autonomous vehicles, the need for embedded hardware capable of resisting physical tampering has never been greater,” said CEA-Leti CTO Jean-René Lequepeys. “FD-SOI’s unique combination of performance, energy efficiency, and attack resistance offers an ideal answer for industries that demand both trust and efficiency. This project will leverage research results from the FAMES Pilot Line.”
    FD-SOI’s critical benefits include:

    • Physical attack resistance, enabled by electrical isolation between the channel and substrate.
    • Power-performance optimization, vital for battery-constrained applications like automotive ECUs and industrial sensors.
    • Security design enablement, allowing tailored countermeasures such as fault detection and isolation of sensitive circuit domains.

    Long-Term Vision: Toward a New Cyber-Substrate
    While the initial phase focuses on leveraging existing FD-SOI capabilities, the project sets the stage for long-term innovation. The envisioned next-generation cyber-substrate would expand upon FD-SOI’s strengths by incorporating:

    • Enhanced protection against backside and invasive physical attacks.
    • Embedded anti-tamper features and physical unclonable functions (PUFs) for hardware fingerprinting.
    • Dynamic response mechanisms to detect and counter emerging threats.

    This future-oriented work will address both cyber and supply-chain vulnerabilities—making FD-SOI not only more secure, but also more indispensable.
    Soitec’s Senior Executive Vice President in charge of Innovation and Chief Technology Officer Christophe Maleville said: “This partnership with CEA-Leti reflects our strategic ambition to position FD-SOI as a reference platform for secure and energy-efficient electronics. By combining our substrate innovation capabilities with CEA-Leti’s research excellence, we aim to demonstrate the full potential of FD-SOI in addressing today’s most pressing security challenges. Together, we are paving the way for a new generation of trusted technologies that are essential to the future of connected systems.”
    About CEA-Leti (France)
    CEA-Leti, a technology research institute at CEA, is a global leader in miniaturization technologies enabling smart, energy-efficient and secure solutions for industry. Founded in 1967, CEA-Leti pioneers micro-& nanotechnologies, tailoring differentiating applicative solutions for global companies, SMEs and startups. CEA-Leti tackles critical challenges in healthcare, energy and digital migration. From sensors to data processing and computing solutions, CEA-Leti’s multidisciplinary teams deliver solid expertise, leveraging world-class pre-industrialization facilities. With a staff of more than 2,000 talents, a portfolio of 3,200 patents, 11,000 sq. meters of cleanroom space and a clear IP policy, the institute is based in Grenoble, France, and has offices in Silicon Valley, Brussels and Tokyo. CEA-Leti has launched 76 startups and is a member of the Carnot Institutes network. Follow us on www.leti-cea.com and @CEA_Leti.

    Technological expertise
    CEA has a key role in transferring scientific knowledge and innovation from research to industry. This high-level technological research is carried out in particular in electronic and integrated systems, from microscale to nanoscale. It has a wide range of industrial applications in the fields of transport, health, safety and telecommunications, contributing to the creation of high-quality and competitive products.

    For more information: www.cea.fr/english 

    About Soitec
    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 0.9 billion Euros in fiscal year 2024-2025. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of more than 2,200 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Nearly 4,300 patents have been registered by Soitec.
    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.
    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official
    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.
    For more information: https://www.soitec.com/en/ and follow us on LinkedIn and X: @Soitec_Official

    Press Contact                                                                                

    CEA-Leti
    Sarah-Lyle Dampoux
    sldampoux@mahoneylyle.com
    +33 6 74 93 23 47

    Soitec
    Relations Media : media@soitec.com
    Relations Investisseurs : investors@soitec.com

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  • MIL-OSI: Novian’s consolidated revenue increased 2.4% in 2024 to EUR 38.9 million

    Source: GlobeNewswire (MIL-OSI)

    The Novian IT group’s consolidated revenue in 2024 amounted to EUR 38.9 million and grew 2.4% compared to 2023. The group’s EBITDA for the 12-month period was EUR 2.57 million and was 2.1 times the previous year’s figure. The operating profit for last year was EUR 1.5 million, or 14.3 times the amount in 2023.

    Novian last year earned most of its revenue – 59% – from activities related to IT solutions, with another 24% coming from software development and 17% from IT services. Its companies conducted operations in 37 countries, earning 77% of their revenue in Lithuania, 12% elsewhere in Europe, and 11% in other countries of the world.

    “We are pleased with last year’s results, which again show that the success of an IT business depends not just on experience and the application of relevant innovations but also work together with clients to create innovations. I am grateful to the team, which has contributed to this,” says Tomas Vitkus, the CEO of the Novian group.

    He says that, looking forward, the priority areas for Novian’s work include not only projects for national institutions and businesses, but also defence projects, artificial intelligence and high-performance computing solutions to address the challenges of climate change, and potential applications of quantum technologies.

    “In the context of the digital era, with Lithuania and Europe actively considering ways to strengthen their defences, advanced technological and programming solutions that leverage artificial intelligence and other innovations should be among the top priorities for the country and the region. We are confident that Novian’s experience and know-how can be useful, and we are ready to contribute to projects in this area,” Vitkus says.

    In the area of software services, the past year stood out not only for the creation of modern national-level information systems, but also for advanced defence, aviation and space projects carried out together with European partners.

    Novian has undertaken a wide range of defence projects since as far back as 2004. In 2024 alone, Novian took part in a total of seven defence projects funded by the European Commission. This year it is continuing four such projects: PEONEER (implementing Activity Based Intelligence to complement geo-spatial activities), SESIOP (enhancing the interoperability of military Air C2 systems and integrating Single European Sky rules), FIRES 2 (developing next generation ammunition), and ODINS’ EYE 2 (developing a European space-based missile early warning system).

    Another project currently underway is HIPSTER, which is developing an innovative software solution for effectively identifying, analysing and resolving hybrid threats. Using advanced OSINT, SocMINT, NLP, and AI technologies, HIPSTER will automatically detect threats and deploy countermeasures to prevent potential damage. The project is linked to EU initiatives.

    “In the area of IT solutions and services, last year stood out for new public sector cloud computing architecture and procurement consulting projects in African countries. We also expanded our business client portfolio by offering IT infrastructure services and introduced high-performance computing solutions for weather forecasting and climate change modelling,” notes Gytis Umantas, the CEO of Novian Technologies. He says the company has played an active role too in creating a quantum technology ecosystem in Lithuania. Early this year, guidelines for the development of quantum technologies in Lithuania were presented, setting out the priorities and opportunities in that field.

    Also noteworthy with regard to innovations is Novian’s membership of a consortium for implementing the Massachusetts Institute of Technology (MIT) International Science and Technology Initiatives Programme (MISTI) in Lithuania. The consortium signed a cooperation agreement with MIT in early 2025. In the course of this project, Novian aims to expand the uses of AI-related innovations, to create technologies for increasing public safety and resilience and for using high-performance computing to combat climate change, and to develop quantum technologies.

    According to an independent valuation carried out by the financial consultancy Deloitte Verslo Konsultacijos, the fair value of the Novian group at the end of 2024 was almost EUR 22 million and was 11.7% higher than at the end of 2023. This figure reflects not only the financial performance of the group’s companies, but also the estimated one-off impact that could arise if there is an adverse court decision regarding the contract for a project undertaken by the group company Novian Systems to provide modernisation services for the Central Public Procurement Information System.

    The Novian group consists of Novian Technologies, Novian Systems and Novian Pro in Lithuania, Novian Eesti of Estonia, Andmevara of Moldova, Zissor of Norway, and Novian Rwanda of Rwanda. The Novian group’s results for 2024 are based on the audited results of Novian Technologies, Novian Systems, Novian Pro, and Zissor, and the unaudited results of the group’s other companies. The Novian group is owned by INVL Technology, a company that invests in IT businesses.

    The person authorized to provide additional information:
    Kazimieras Tonkūnas
    INVL Technology Managing Partner
    E-mail k.tonkunas@invltechnology.lt

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  • MIL-OSI: Ascom Myco 4 becomes the world’s first 5G phone certified for Mission-Critical Services

    Source: GlobeNewswire (MIL-OSI)

    Baar, Switzerland, June 18, 2025

    Ascom, a global leader in mission-critical communication and collaboration solutions across the healthcare and enterprise industries, announces that the Ascom Myco 4 has achieved a significant milestone by becoming the world’s first GCF MCS-certified 5G phone. This certification underscores Ascom’s dedication to innovation and excellence in mobile workflow solutions.

    The GCF MCS certification, a new component of the Global Certification Forum’s (GCF) program, sets an industry benchmark for robust and reliable solutions for Mission Critical Services (MCS) over 5G networks. This certification guarantees that the Ascom Myco 4 meets the highest standards of reliability, security, and performance, making it an ideal choice for critical communication in all mission-critical environments. With this accomplishment, Ascom is enhancing its offerings by providing robust and reliable communication solutions for emergency responders.

    “We are pleased to achieve this significant milestone as the world’s first GCF MCS-certified 5G phone provider,” stated Nicolas Vanden Abeele, CEO of Ascom. “This certification enhances our product credibility and reinforces our commitment to supporting professionals in the mission-critical healthcare and enterprise sectors with reliable and innovative solutions.”

    For more information about the Ascom Myco 4, please visit www.ascom.com/products-and-services/mobile-devices/smartphones/

    For more information about the Global Certification Forum and the certification itself (Ref. Number: 11758), please visit www.globalcertificationforum.org

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  • MIL-OSI: Business aviation leader Luxaviation and Haffner Energy join forces to accelerate SAF production and promotion

    Source: GlobeNewswire (MIL-OSI)

    Business aviation leader Luxaviation and Haffner Energy join forces to accelerate SAF production and promotion

    Luxaviation signals interest in active role in SAF-dedicated entity SAF Zero

    Vitry-le-François, France / Luxembourg (June 18, 2025, 8:00 am CEST) – 

    SAF Zero, a Haffner Energy initiative, is gaining momentum: Luxaviation Group, a leading global operator in the business aviation sector, is exploring an active role in the new entity, both companies announced today at the International Paris Air Show. Luxaviation potential involvement could take the form of cash funding to finance initial development activities, support in the strategic definition and global visibility as well as offtake agreements in relevant SAF Zero projects such as Paris-Vatry SAF. 
    SAF Zero is dedicated to fast-tracking the production of sustainable aviation fuel (SAF) by establishing an investment and project development platform that brings key stakeholders together. Combining Haffner Energy’s proprietary technologies and Luxaviation’s experience and strategic positioning in the aviation sector, SAF Zero is to finance and develop industrial SAF production projects. Operating under an exclusive license, SAF Zero will supply Haffner Energy’s technologies to third parties under license agreements, designing, delivering and potentially operating key equipment based on these technologies. 
    “We are thrilled to collaborate with Luxaviation, a powerful partner working alongside us to position SAF Zero as a cornerstone of Europe’s clean aviation strategy ,” said Philippe Haffner, co-founder and CEO of Haffner Energy.
    France-based Haffner Energy relies on its 32-year experience to design, manufacture, supply, license, and operate proprietary disruptive clean fuels solutions, including critical technologies for pathway-agnostic SAF production, using all types of residual biomass and municipal waste. The company has already announced the development of a number of SAF projects, notably Paris-Vatry SAF in France, where full scale production is expected to be reached by 2030 when the next stage of the European SAF mandate kicks in.  
    As a founding partner of SAF Zero, Haffner Energy will provide engineering support and supply of critical equipment as needed for the projects developed by SAF Zero.
    “At Luxaviation, we believe that the future of aviation must be sustainable, and that requires bold partnerships and innovative solutions. Our collaboration with Haffner Energy and our interest in SAF Zero reflect our commitment to accelerating the adoption of sustainable aviation fuel and driving meaningful change across the industry. By combining our operational expertise with Haffner Energy’s cutting-edge technology, we are taking a decisive step toward a cleaner, more responsible future for aviation,” said Patrick Hansen, CEO of Luxaviation Group. 
    Luxaviation operates one of the largest fleets of private aircraft worldwide. It is actively committed to the decarbonization of aviation through a three-pronged strategy: improving fuel efficiency; reducing emissions by actively increasing SAF use and electrification of ground operations; buying offsets for remaining GHG emissions. Since 2021, Luxaviation’s annual sustainability report tracks progress against targets. In 2023, Luxaviation launched “Go-to-Zero” Investment Fund to foster SAF production. 
    Both Luxaviation and Haffner Energy are members of Project SkyPower, an international CEO-led initiative dedicated to accelerating the development and adoption of SAF. 

    About Haffner Energy
    Haffner Energy designs, manufactures, supplies, and operates biofuel and hydrogen solutions using biomass residues. Its innovative, patented thermolysis technology produces Sustainable Aviation Fuel, as well as renewable gas, hydrogen, and methanol. The company also contributes to regenerating the planet through the co-production of biogenic CO2 and biochar. A company co-founded 32 years ago by Marc and Philippe Haffner, Haffner Energy has been working from the outset to decarbonize industry and all forms of mobility, as well as governments and local communities. More information is available at www.haffner-energy.com.

    About Luxaviation Group
    Headquartered in Luxembourg, Luxaviation Group comprises top-of-the line aviation brands, including Luxaviation, Starspeed, ExecuJet and Paragon, operating across five continents. Services include aircraft management for private and commercial aircraft, private air charter services, and the management and operation of VIP passenger terminals throughout an FBO network of over 110+ facilities worldwide. Luxaviation Group is actively committed to the decarbonization of aviation by supporting the development of sustainable fuels and green infrastructure. More information is available at www.luxaviation.com.

    Media relations
    Haffner Energy
    Laetitia Mailhes
    laetitia.mailhes@haffner-energy.com
    +33 (0)6 07 12 96 76

    Luxaviation Group
    Juliane Thiessen
    Juliane.thiessen@luxaviation.com
    +41 76 356 8251

    Investor relations
    Haffner Energy
    investisseurs@haffner-energy.com 

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  • MIL-OSI: Mercanis Secures Over $20 Million in Series A Round

    Source: GlobeNewswire (MIL-OSI)

    Berlin, June 18, 2025 (GLOBE NEWSWIRE) —

    • The company receives fresh capital from new investors Partech and AVP, as well as from existing investors.
    • Mercanis enables over 40% process cost savings and supports clients such as BASF-Coatings, GASAG, Goldbeck, Wilson, and Brose.
    • The funds will be used to further develop Agentic AI and support the upcoming expansion plans, including into the U.S.

    Berlin, June 18, 2025 – In its latest Series A round, Mercanis, a Berlin-based startup for Agentic-AI procurement solutions, has raised over $20 million. The round was led by new investors Partech and AVP, with additional funding from existing investors, including Signals.VC, Capmont Technology, and Speedinvest. Well-known business angels like Dr. Ulrich Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana & Dash0), and Victor Jacobsson (Klarna) continue their support for Mercanis.
    The additional capital will be used to further strengthen the company’s leadership position in Agentic-AI and accelerate its international expansion, including entry into the U.S. market.

    Fabian Heinrich, CEO and Co-Founder of Mercanis, states: “The trust placed in us by both long-standing and new investors is not only a powerful endorsement of our mission, but also a driving force behind our ongoing commitment to excellence. With this funding, we can expand our AI solution and accelerate our international expansion – particularly into the U.S. In times of geopolitical and economic uncertainty, our technology empowers companies far beyond Germany to build more resilient procurement operations that safeguard their supply chains and protect their bottom line.”

    Next-generation AI-powered procurement
    Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis aims to reshape procurement processes with its Agentic-AI Procurement Suite. The cloud-based platform combines procurement, supplier management, and contract management. Intelligent agents autonomously handle operational tasks, while AI continuously analyzes procurement data to uncover savings opportunities, enhance strategic decisions, and drive measurable results—delivering over 40% process savings, a 2.5x increase in efficiency, and a 12x return on investment. 

    “Mercanis has transformed the way we manage suppliers and execute procurement projects. What used to take days now takes only hours. The automation and transparency help us act faster and make better decisions – especially when multiple stakeholders are involved. It’s a must-have for any procurement team looking to modernize,” says Uwe Kreplin, Head of Procurement at GASAG.

    In addition to GASAG, Mercanis also counts BASF-Coatings, Goldbeck, Wilson, and Brose among its clients.

    Within just a few years, Mercanis has established itself as a trusted partner to multinational firms, with impressive traction across organizations now procuring billions through the platform,” says Philippe Collombel, Founding and General Partner at Partech.

    “We are particularly impressed by the strength of their product and its ability to drive adoption at scale,” adds Magda Poslusny, Principal at Partech. “By automating key procurement processes, Mercanis not only boosts operational efficiency but also drives meaningful cost savings by engaging a broader supplier base. We are confident Mercanis is on track to become a category leader in procurement.”

    About Mercanis:
    Mercanis offers an Agentic-Ai Procurement Suite that covers the entire procurement process – from supplier selection to contract signing. The solution includes four key modules: Spend Analytics, Sourcing & Request Processes (RFx), Supplier Management (SRM), and Contract Management. With the integrated Mercu AI Co-Pilot, repetitive tasks like supplier discovery, risk detection, intake management and offer comparison are automated, leading to significant efficiency improvements and over 40% process savings. Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis supports prominent clients like BASF-Coatings, GASAG, Goldbeck, Wilson, and Brose in digitizing their procurement processes. The company is based in Berlin and currently employs over 40 people.

    About Partech: 
    Partech is a global tech investment firm headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco. Partech brings together capital, operational experience, and strategic support to back entrepreneurs from seed to growth stage. Born in San Francisco 40 years ago, today Partech manages €2.5B AUM and a current portfolio of 220 companies, spread across 40 countries and 4 continents.

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  • MIL-OSI: BW Energy: Company presentation Fearnley Securities Africa Focused E&P seminar  

    Source: GlobeNewswire (MIL-OSI)

    Company presentation Fearnley Securities Africa Focused E&P seminar  

    BW Energy is today presenting at the Fearnley Securities Africa Focused E&P seminar in Madrid, Spain. Please see the attached presentation. 

    For further information, please contact: 
     
    Brice Morlot, CFO BW Energy
    +33.7.81.11.41.16
    ir@bwenergy.no

    ABOUT BW ENERGY: 

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

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

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  • MIL-OSI: BW Energy: Company presentation Fearnley Securities Africa Focused E&P seminar  

    Source: GlobeNewswire (MIL-OSI)

    Company presentation Fearnley Securities Africa Focused E&P seminar  

    BW Energy is today presenting at the Fearnley Securities Africa Focused E&P seminar in Madrid, Spain. Please see the attached presentation. 

    For further information, please contact: 
     
    Brice Morlot, CFO BW Energy
    +33.7.81.11.41.16
    ir@bwenergy.no

    ABOUT BW ENERGY: 

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

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

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  • MIL-OSI: BW Energy: Company presentation Fearnley Securities Africa Focused E&P seminar  

    Source: GlobeNewswire (MIL-OSI)

    Company presentation Fearnley Securities Africa Focused E&P seminar  

    BW Energy is today presenting at the Fearnley Securities Africa Focused E&P seminar in Madrid, Spain. Please see the attached presentation. 

    For further information, please contact: 
     
    Brice Morlot, CFO BW Energy
    +33.7.81.11.41.16
    ir@bwenergy.no

    ABOUT BW ENERGY: 

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

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

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    The MIL Network –

  • MIL-OSI: BW Energy: Company presentation Fearnley Securities Africa Focused E&P seminar  

    Source: GlobeNewswire (MIL-OSI)

    Company presentation Fearnley Securities Africa Focused E&P seminar  

    BW Energy is today presenting at the Fearnley Securities Africa Focused E&P seminar in Madrid, Spain. Please see the attached presentation. 

    For further information, please contact: 
     
    Brice Morlot, CFO BW Energy
    +33.7.81.11.41.16
    ir@bwenergy.no

    ABOUT BW ENERGY: 

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025. 

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

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  • MIL-OSI: GAM Holding AG appoints Albert Saporta as Group Chief Executive Officer and Tim Rainsford as Group Chief Distribution Officer

    Source: GlobeNewswire (MIL-OSI)

    Zurich: 18 June 2025

    PRESS RELEASE

    Ad hoc announcement pursuant to Art. 53 Listing Rules:

    GAM Holding AG appoints Albert Saporta as Group Chief Executive Officer and Tim Rainsford as Group Chief Distribution Officer

    GAM Holding AG (SWX: GAM) today announces senior leadership changes as the Group moves into the next phase of sustainable growth. Albert Saporta has been appointed Group Chief Executive Officer (Group CEO) effective from 1 July 2025, succeeding Elmar Zumbuehl who will remain with GAM until 31 December 2025 to support the transition. Additionally, Tim Rainsford will return to GAM to lead its distribution efforts as Group Chief Distribution Officer on 1 October 2025.

    These leadership changes reflect that GAM has successfully transformed and is now well positioned for growth. Under Elmar Zumbuehl’s leadership, GAM has undergone a comprehensive repositioning over the last 21 months; divesting non-core businesses, and rebuilding a lean, scalable platform designed to attract and empower top investment talent and better connect them to clients worldwide through a strengthened global distribution and client servicing network.

    Albert Saporta has over 40 years of experience in the investment management industry and served as Global Head of Investments & Products at GAM since October 2023. He will take over as Group CEO with a clear focus on accelerating growth through building on our existing and new product offerings and external opportunities. His passion for innovative investment strategies, drive for positive client outcomes, and energy is key for GAM’s next phase of growth.  

    Drawing on GAM’s pioneering heritage, combining internal and external investment talent, Albert Saporta has been instrumental in strengthening GAM’s investment team line-up and entering into multiple new partnerships with best-in-class investment managers. GAM is strongly positioned to provide clients with access to differentiated investment strategies across asset classes.

    Tim Rainsford will return to GAM as Group Chief Distribution Officer and a Group Management Board member. He brings extensive experience in leading global distribution functions focused on growth and delivering for clients. Tim Rainsford was CEO of Generali Investments Partners, and latterly, Chief Product and Distribution Officer for Generali Asset Management. 

    Rossen Djounov, Global Head of Client Solutions, will remain a senior member of the distribution leadership team, reporting to Tim, with a focus on driving growth initiatives and deepening strategic client relationships.

    Chairman of the Board, Antoine Spillmann, said: “On behalf of the Board of Directors, I would like to express our deepest gratitude to Elmar for his dedicated service and the significant achievements he has accomplished during his many years at GAM. His leadership has been pivotal in steering the company through transformative changes and setting a solid foundation for future sustainable growth. The Board is looking forward to working with Albert and Tim as GAM enters its next phase as a highly agile and scalable platform with a renewed focus on growth, innovation, and client outcomes.

    Albert Saporta said: “I am honoured to take on the role of GAM’s Group CEO. We have transformed GAM, and it is now well positioned with unique investment talent to deliver differentiated strategies to our clients. I am excited to be leading GAM into this next phase of sustainable growth.”

    Elmar Zumbuehl commented: “I am proud of what we’ve accomplished over the last 21 months, and I want to thank the Board and our anchor shareholder NJJ Holding for their support during this transformational phase. I also extend my heartfelt appreciation to every member of the firm for their unwavering commitment and efforts in successfully transforming GAM.”

    Tim Rainsford commented: “I’m thrilled to be returning to GAM with the firm’s focus on innovative strategies and commitment to client outcomes. I look forward to working closely with Albert and the broader team to drive growth and strengthen our global presence.”

    Biographies

    Albert Saporta:

    Albert has 40 years’ experience in financial markets, with over 30 years in the hedge fund industry. Albert started his career at Paribas in Paris, where he managed the Japan/Asia mutual funds from 1984-85. He joined Merrill Lynch in London as Vice President of Japanese equity sales from 1985-88. In 1988, he joined UBS Securities in London where he headed quantitative research and hedge fund sales for Japanese equities. In 1991, he joined IFM, a hedge fund owned by Jacob Rothschild’s St James’s Place and AIG, where he managed relative value global equity arbitrage strategies. In 1995, he left to set up Geneva-based AIM&R, a hedge fund advisory and research firm, managing the SOG and SOGAsia funds. In March 2006, Albert sold AIM&R ‘s research and hedge fund businesses to ABN Amro Bank (London). As part of the transaction, he set-up the Special Opportunities Group (SOG) at ABN, managing a balance sheet of >USD1bn in global arbitrage strategies and special situations. AIM&R was relaunched in 2011 as a research and trading advisory firm, advising global hedge funds, pension funds, prop trading firms and family offices.

    Albert has a master’s in International Affairs from Columbia University (1984), an MBA (1983) and BSc in economics (1982) from New York University, and a Math/Physics degree from the University of Nice (1980). He is fluent in French, English, Spanish and Portuguese. Albert holds French, Israeli and Spanish citizenships.

    Tim Rainsford:

    Tim Rainsford joins GAM Investments from Generali Investments Partners, where since September 2020 he was the Global Head of Product and Distribution. In this capacity, he led the global team of sales professionals based in Europe, focusing on defining the commercial development plans and strategies aimed at strengthening Generali Investments’ positioning in key markets and expanding its international footprint. 

    He was appointed as the Chief Executive Officer (CEO) of Generali Investments Partners S.p.A. Società di gestione del risparmio (GIP) in April 2021, a key entity within the Generali Group’s Asset & Wealth Management business unit. In this role, he was responsible for steering the regulated entity and focusing on the investment management, product development and global sales efforts of the business unit, maximising the Group’s multi-boutique approach.  

    Before his tenure at Generali, he held significant positions in other major financial institutions. He served as Group Head of Distribution and Marketing at GAM Investments, where he was responsible for the company’s marketing and sales strategic direction. Earlier in his career, he spent thirteen years at Man Investments Ltd, holding various senior roles including Senior Managing Director – Head of European Sales, and Global Co-Head of Sales and Marketing.  

    For further information please contact:

    Colin Bennett | GAM Media Relations
    T +44 (0) 20 73 938 544 
    colin.bennett@gam.com

    Visit us: www.gam.com
    Follow us: X and LinkedIn 

    About GAM

    GAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients’ financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983, and its registered office is at Hardstrasse 201 Zurich, 8005 Switzerland. For more information about GAM Investments, please visit www.gam.com. 

    Other Important Information

    This release contains or may contain statements that constitute forward-looking statements. Words such as “anticipate”, “believe”, “expect”, “estimate”, “aim”, “project”, “forecast”, “risk”, “likely”, “intend”, “outlook”, “should”, “could”, “would”, “may”, “might”, “will”, “continue”, “plan”, “probability”, “indicative”, “seek”, “target”, “plan” and other similar expressions are intended to or may identify forward-looking statements.

    Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith.

    This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction.

    Attachments

    The MIL Network –

  • MIL-OSI: GAM Holding AG appoints Albert Saporta as Group Chief Executive Officer and Tim Rainsford as Group Chief Distribution Officer

    Source: GlobeNewswire (MIL-OSI)

    Zurich: 18 June 2025

    PRESS RELEASE

    Ad hoc announcement pursuant to Art. 53 Listing Rules:

    GAM Holding AG appoints Albert Saporta as Group Chief Executive Officer and Tim Rainsford as Group Chief Distribution Officer

    GAM Holding AG (SWX: GAM) today announces senior leadership changes as the Group moves into the next phase of sustainable growth. Albert Saporta has been appointed Group Chief Executive Officer (Group CEO) effective from 1 July 2025, succeeding Elmar Zumbuehl who will remain with GAM until 31 December 2025 to support the transition. Additionally, Tim Rainsford will return to GAM to lead its distribution efforts as Group Chief Distribution Officer on 1 October 2025.

    These leadership changes reflect that GAM has successfully transformed and is now well positioned for growth. Under Elmar Zumbuehl’s leadership, GAM has undergone a comprehensive repositioning over the last 21 months; divesting non-core businesses, and rebuilding a lean, scalable platform designed to attract and empower top investment talent and better connect them to clients worldwide through a strengthened global distribution and client servicing network.

    Albert Saporta has over 40 years of experience in the investment management industry and served as Global Head of Investments & Products at GAM since October 2023. He will take over as Group CEO with a clear focus on accelerating growth through building on our existing and new product offerings and external opportunities. His passion for innovative investment strategies, drive for positive client outcomes, and energy is key for GAM’s next phase of growth.  

    Drawing on GAM’s pioneering heritage, combining internal and external investment talent, Albert Saporta has been instrumental in strengthening GAM’s investment team line-up and entering into multiple new partnerships with best-in-class investment managers. GAM is strongly positioned to provide clients with access to differentiated investment strategies across asset classes.

    Tim Rainsford will return to GAM as Group Chief Distribution Officer and a Group Management Board member. He brings extensive experience in leading global distribution functions focused on growth and delivering for clients. Tim Rainsford was CEO of Generali Investments Partners, and latterly, Chief Product and Distribution Officer for Generali Asset Management. 

    Rossen Djounov, Global Head of Client Solutions, will remain a senior member of the distribution leadership team, reporting to Tim, with a focus on driving growth initiatives and deepening strategic client relationships.

    Chairman of the Board, Antoine Spillmann, said: “On behalf of the Board of Directors, I would like to express our deepest gratitude to Elmar for his dedicated service and the significant achievements he has accomplished during his many years at GAM. His leadership has been pivotal in steering the company through transformative changes and setting a solid foundation for future sustainable growth. The Board is looking forward to working with Albert and Tim as GAM enters its next phase as a highly agile and scalable platform with a renewed focus on growth, innovation, and client outcomes.

    Albert Saporta said: “I am honoured to take on the role of GAM’s Group CEO. We have transformed GAM, and it is now well positioned with unique investment talent to deliver differentiated strategies to our clients. I am excited to be leading GAM into this next phase of sustainable growth.”

    Elmar Zumbuehl commented: “I am proud of what we’ve accomplished over the last 21 months, and I want to thank the Board and our anchor shareholder NJJ Holding for their support during this transformational phase. I also extend my heartfelt appreciation to every member of the firm for their unwavering commitment and efforts in successfully transforming GAM.”

    Tim Rainsford commented: “I’m thrilled to be returning to GAM with the firm’s focus on innovative strategies and commitment to client outcomes. I look forward to working closely with Albert and the broader team to drive growth and strengthen our global presence.”

    Biographies

    Albert Saporta:

    Albert has 40 years’ experience in financial markets, with over 30 years in the hedge fund industry. Albert started his career at Paribas in Paris, where he managed the Japan/Asia mutual funds from 1984-85. He joined Merrill Lynch in London as Vice President of Japanese equity sales from 1985-88. In 1988, he joined UBS Securities in London where he headed quantitative research and hedge fund sales for Japanese equities. In 1991, he joined IFM, a hedge fund owned by Jacob Rothschild’s St James’s Place and AIG, where he managed relative value global equity arbitrage strategies. In 1995, he left to set up Geneva-based AIM&R, a hedge fund advisory and research firm, managing the SOG and SOGAsia funds. In March 2006, Albert sold AIM&R ‘s research and hedge fund businesses to ABN Amro Bank (London). As part of the transaction, he set-up the Special Opportunities Group (SOG) at ABN, managing a balance sheet of >USD1bn in global arbitrage strategies and special situations. AIM&R was relaunched in 2011 as a research and trading advisory firm, advising global hedge funds, pension funds, prop trading firms and family offices.

    Albert has a master’s in International Affairs from Columbia University (1984), an MBA (1983) and BSc in economics (1982) from New York University, and a Math/Physics degree from the University of Nice (1980). He is fluent in French, English, Spanish and Portuguese. Albert holds French, Israeli and Spanish citizenships.

    Tim Rainsford:

    Tim Rainsford joins GAM Investments from Generali Investments Partners, where since September 2020 he was the Global Head of Product and Distribution. In this capacity, he led the global team of sales professionals based in Europe, focusing on defining the commercial development plans and strategies aimed at strengthening Generali Investments’ positioning in key markets and expanding its international footprint. 

    He was appointed as the Chief Executive Officer (CEO) of Generali Investments Partners S.p.A. Società di gestione del risparmio (GIP) in April 2021, a key entity within the Generali Group’s Asset & Wealth Management business unit. In this role, he was responsible for steering the regulated entity and focusing on the investment management, product development and global sales efforts of the business unit, maximising the Group’s multi-boutique approach.  

    Before his tenure at Generali, he held significant positions in other major financial institutions. He served as Group Head of Distribution and Marketing at GAM Investments, where he was responsible for the company’s marketing and sales strategic direction. Earlier in his career, he spent thirteen years at Man Investments Ltd, holding various senior roles including Senior Managing Director – Head of European Sales, and Global Co-Head of Sales and Marketing.  

    For further information please contact:

    Colin Bennett | GAM Media Relations
    T +44 (0) 20 73 938 544 
    colin.bennett@gam.com

    Visit us: www.gam.com
    Follow us: X and LinkedIn 

    About GAM

    GAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients’ financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983, and its registered office is at Hardstrasse 201 Zurich, 8005 Switzerland. For more information about GAM Investments, please visit www.gam.com. 

    Other Important Information

    This release contains or may contain statements that constitute forward-looking statements. Words such as “anticipate”, “believe”, “expect”, “estimate”, “aim”, “project”, “forecast”, “risk”, “likely”, “intend”, “outlook”, “should”, “could”, “would”, “may”, “might”, “will”, “continue”, “plan”, “probability”, “indicative”, “seek”, “target”, “plan” and other similar expressions are intended to or may identify forward-looking statements.

    Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith.

    This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction.

    Attachments

    The MIL Network –

  • MIL-OSI: Bitget Wallet Expands Crypto Payment Capabilities with National QR Integration

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, June 18, 2025 (GLOBE NEWSWIRE) —  Bitget Wallet, the leading non-custodial crypto wallet, has launched national QR payment support as part of its global PayFi initiative, with Vietnam becoming the first market to go live. The new feature allows users to pay with crypto by scanning VietQR, the country’s national QR code standard, widely adopted by local merchants. It marks a broader push to integrate crypto payments into national payment infrastructures across global markets, enabling direct payments from the self-custodial wallet with minimal fees and eliminating the need for fiat conversion.

    Users can now scan VietQR at local merchants and pay with stablecoins like USDT and USDC on Ethereum, Tron, Solana, Base, TON, and BNB Chain, with more chains to be added in the future. Upcoming auto-swap support will also allow payments in any token without manual conversion. Everyday transactions such as dining at street vendors and restaurants or buying groceries can be completed through a single scan, streamlined with automatic conversion and low fees.

    Through a strategic partnership with its licensed partner AEON, the next-generation crypto payment framework, Bitget Wallet now enables crypto payments across all 55+ banks and payment institutions that support VietQR. Over 2 million merchants nationwide accept the standard, offering stablecoin spending at both large retailers and small businesses. Vietnam marks the first phase of a broader rollout, with similar integrations planned across Southeast Asia, Latin America, and other regions.

    Bitget Wallet is the first self-custodial wallet to natively integrate a national QR system. Its scan function automatically detects whether a QR code is national or blockchain-based, such as Solana Pay, and processes transactions with real-time conversion. This eliminates reliance on third-party DApps and delivers a faster, more seamless payment experience.

    “We’re turning crypto from an investment asset into a usable currency,” said Jamie Elkaleh, CMO of Bitget Wallet. “By embedding local payment rails directly into the wallet via our partnership with AEON, we’re helping users spend their assets as easily as they store them — starting in Southeast Asia, and soon expanding to other regions.”

    Bitget Wallet also supports crypto card payments for both online and in-store use, as well as purchases from over 300 brands through its in-app marketplace. This unified payment experience gives users complete control—whether scanning, tapping, or shopping in-app—with a secure, intuitive interface.

    From June 16 to July 30, Bitget Wallet is offering 50% cashback on the first national QR payment made in Vietnam.

    More information is available through Bitget Wallet’s official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, contact media.web3@bitget.com

    About AEON
    AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON’s AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users. With offerings like Web3 Mobile Payment that allows users to pay with crypto across 10,000 brands at 20+ million retail merchants in SEA, Africa and Latin America, Online Web3 Payment, Swap Pay, and a growing suite of AI-integrated payment services, AEON aims to create a future of crypto finance that’s intelligent, scalable, and borderless, where AI meets real life through seamless, scalable payments for next billion of users.

    Website | X | Telegram | Medium | AEON Pay

    The MIL Network –

  • MIL-OSI: High Arctic Overseas Announces Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, June 17, 2025 (GLOBE NEWSWIRE) — High Arctic Overseas Holdings Corp. (TSXV: HOH) (“High Arctic Overseas” or the “Corporation”) announced today that the TSX Venture Exchange (the “Exchange”) has accepted a notice filed by the Corporation of its intention to make a Normal Course Issuer Bid (the “Bid”) to be transacted through the facilities of the Exchange.

    The notice provides that the Corporation may, during the 12-month period commencing June 20, 2025 and ending June 19, 2026 purchase up to 622,408 Common Shares (“Shares”) in total, being approximately 5% of the total number of Shares outstanding as at June 17, 2025. The price which the Corporation will pay for any such Shares will be the prevailing market price at the time of acquisition. The actual number of Shares which may be purchased pursuant to the Bid and the timing of any such purchases will be determined by management of the Corporation. Purchases under the Bid will be made from time to time by ATB Capital Markets on behalf of the Corporation. The Corporation may enter into a pre-defined automatic securities purchase plan with ATB Financial to allow for the repurchase of Shares at times when the Corporation ordinarily would not be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Any such plans entered into will be adopted in accordance with applicable Canadian securities laws. Outside of the restricted periods, the timing of purchases will be determined by management of the Corporation.

    All Share purchases will be made on the open market through the facilities of the Exchange and will be purchased for cancellation. The funding for any purchase pursuant to the Bid will be financed out of the working capital of the Corporation.

    The Board of Directors believes the underlying value of the Corporation may not be reflected in the current market price of its Shares. As a result, depending upon future price movements and other factors, the Board believes that the purchase of the Shares would be an appropriate use of corporate funds and in the best interests of the Corporation and its shareholders. Furthermore, the purchases are expected to benefit all persons who continue to hold Shares by increasing their equity interest in the Corporation if the repurchased Shares are cancelled.

    A copy of the Corporation’s notice filed with the Exchange may be obtained, by any shareholder without charge, by contacting the Corporation’s Chief Executive Officer.

    About High Arctic Overseas Holdings Corp.

    High Arctic Overseas is a market leader in Papua New Guinea providing drilling and specialized well completion services, manpower solutions and supplies rental equipment including rig matting, camps, material handling and drilling support equipment.

    For further information, please contact:

    Mike Maguire
    Chief Executive Officer
    1.587.320.1301

    High Arctic Overseas Holdings Corp.
    Suite 2350, 330–5th Avenue SW
    Calgary, Alberta, Canada T2P 0L4
    www.higharctic.com
    Email: info@higharctic.com

    Cautionary Note and Forward-Looking Information

    This press release contains forward-looking information within the meaning of Canadian securities legislation. Forward-looking information relates to future events or the anticipated performance of the Corporation and reflects management’s expectations or beliefs regarding such future events. In certain cases, statements that contain forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur” or “be achieved” or the negative of these words or comparable terminology. Forward-looking information in this press release includes statements with respect to the anticipated benefits of the Bid, the entering into of an automatic securities purchase plan,‎ and the number of Shares that may be purchased under the Bid. By its very nature forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual performance of the Corporation to be materially different from any anticipated performance expressed or implied by such forward-looking information.

    Forward-looking information is subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the risks described in the Corporation’s public disclosure documents which are filed on the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

    The risk factors referred to above are not an exhaustive list of the factors that may affect any of the Corporation’s forward-looking information. Forward-looking information includes statements about the future and is inherently uncertain, and the Corporation’s actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors. The Corporation’s statements containing forward-looking information are based on the beliefs, expectations, and opinions of management on the date the statements are made, and the Corporation does not assume any obligation to update such forward-looking information if circumstances or management’s beliefs, expectations or opinions should change, other than as required by applicable law. For the reasons set forth above, one should not place undue reliance on forward-looking information.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: High Arctic Overseas Announces Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, June 17, 2025 (GLOBE NEWSWIRE) — High Arctic Overseas Holdings Corp. (TSXV: HOH) (“High Arctic Overseas” or the “Corporation”) announced today that the TSX Venture Exchange (the “Exchange”) has accepted a notice filed by the Corporation of its intention to make a Normal Course Issuer Bid (the “Bid”) to be transacted through the facilities of the Exchange.

    The notice provides that the Corporation may, during the 12-month period commencing June 20, 2025 and ending June 19, 2026 purchase up to 622,408 Common Shares (“Shares”) in total, being approximately 5% of the total number of Shares outstanding as at June 17, 2025. The price which the Corporation will pay for any such Shares will be the prevailing market price at the time of acquisition. The actual number of Shares which may be purchased pursuant to the Bid and the timing of any such purchases will be determined by management of the Corporation. Purchases under the Bid will be made from time to time by ATB Capital Markets on behalf of the Corporation. The Corporation may enter into a pre-defined automatic securities purchase plan with ATB Financial to allow for the repurchase of Shares at times when the Corporation ordinarily would not be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Any such plans entered into will be adopted in accordance with applicable Canadian securities laws. Outside of the restricted periods, the timing of purchases will be determined by management of the Corporation.

    All Share purchases will be made on the open market through the facilities of the Exchange and will be purchased for cancellation. The funding for any purchase pursuant to the Bid will be financed out of the working capital of the Corporation.

    The Board of Directors believes the underlying value of the Corporation may not be reflected in the current market price of its Shares. As a result, depending upon future price movements and other factors, the Board believes that the purchase of the Shares would be an appropriate use of corporate funds and in the best interests of the Corporation and its shareholders. Furthermore, the purchases are expected to benefit all persons who continue to hold Shares by increasing their equity interest in the Corporation if the repurchased Shares are cancelled.

    A copy of the Corporation’s notice filed with the Exchange may be obtained, by any shareholder without charge, by contacting the Corporation’s Chief Executive Officer.

    About High Arctic Overseas Holdings Corp.

    High Arctic Overseas is a market leader in Papua New Guinea providing drilling and specialized well completion services, manpower solutions and supplies rental equipment including rig matting, camps, material handling and drilling support equipment.

    For further information, please contact:

    Mike Maguire
    Chief Executive Officer
    1.587.320.1301

    High Arctic Overseas Holdings Corp.
    Suite 2350, 330–5th Avenue SW
    Calgary, Alberta, Canada T2P 0L4
    www.higharctic.com
    Email: info@higharctic.com

    Cautionary Note and Forward-Looking Information

    This press release contains forward-looking information within the meaning of Canadian securities legislation. Forward-looking information relates to future events or the anticipated performance of the Corporation and reflects management’s expectations or beliefs regarding such future events. In certain cases, statements that contain forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur” or “be achieved” or the negative of these words or comparable terminology. Forward-looking information in this press release includes statements with respect to the anticipated benefits of the Bid, the entering into of an automatic securities purchase plan,‎ and the number of Shares that may be purchased under the Bid. By its very nature forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual performance of the Corporation to be materially different from any anticipated performance expressed or implied by such forward-looking information.

    Forward-looking information is subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the risks described in the Corporation’s public disclosure documents which are filed on the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

    The risk factors referred to above are not an exhaustive list of the factors that may affect any of the Corporation’s forward-looking information. Forward-looking information includes statements about the future and is inherently uncertain, and the Corporation’s actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors. The Corporation’s statements containing forward-looking information are based on the beliefs, expectations, and opinions of management on the date the statements are made, and the Corporation does not assume any obligation to update such forward-looking information if circumstances or management’s beliefs, expectations or opinions should change, other than as required by applicable law. For the reasons set forth above, one should not place undue reliance on forward-looking information.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: Pioneer Acquisition I Corp Announces Pricing of $220,000,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    BROOKLYN, N.Y., June 17, 2025 (GLOBE NEWSWIRE) — Pioneer Acquisition I Corp (Nasdaq: PACHU) (the “Company”) announced today the pricing of its initial public offering of 22,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “PACHU” beginning June 18, 2025. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “PACH” and “PACHW”, respectively. The underwriter has been granted a 45-day option to purchase up to an additional 3,300,000 units offered by the Company to cover over-allotments, if any. The offering is expected to close on June 20, 2025, subject to customary closing conditions.

    The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

    Cantor Fitzgerald & Co. acted as the sole book-running manager of the offering. Odeon Capital Group LLC acted as co-manager of the offering.

    Winston & Strawn LLP is serving as legal counsel to the Company. Ellenoff Grossman & Schole LLP is serving as legal counsel to Cantor Fitzgerald & Co.

    A registration statement on Form S-1 (333-287656) relating to these securities has been filed with the Securities and Exchange Commission (“SEC”), and was declared effective on June 17, 2025. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: prospectus@cantor.com., or from the SEC website at www.sec.gov.

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

    Forward-Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

    Contacts

    Pioneer Acquisition I Corp
    Mr. Mitchell Creem
    Chief Executive Officer and Director
    131 Concord Street
    Brooklyn, NY 11201
    Email: creem@pioneeracquisition.com

    The MIL Network –

  • MIL-OSI: Pioneer Acquisition I Corp Announces Pricing of $220,000,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    BROOKLYN, N.Y., June 17, 2025 (GLOBE NEWSWIRE) — Pioneer Acquisition I Corp (Nasdaq: PACHU) (the “Company”) announced today the pricing of its initial public offering of 22,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “PACHU” beginning June 18, 2025. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “PACH” and “PACHW”, respectively. The underwriter has been granted a 45-day option to purchase up to an additional 3,300,000 units offered by the Company to cover over-allotments, if any. The offering is expected to close on June 20, 2025, subject to customary closing conditions.

    The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

    Cantor Fitzgerald & Co. acted as the sole book-running manager of the offering. Odeon Capital Group LLC acted as co-manager of the offering.

    Winston & Strawn LLP is serving as legal counsel to the Company. Ellenoff Grossman & Schole LLP is serving as legal counsel to Cantor Fitzgerald & Co.

    A registration statement on Form S-1 (333-287656) relating to these securities has been filed with the Securities and Exchange Commission (“SEC”), and was declared effective on June 17, 2025. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: prospectus@cantor.com., or from the SEC website at www.sec.gov.

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

    Forward-Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

    Contacts

    Pioneer Acquisition I Corp
    Mr. Mitchell Creem
    Chief Executive Officer and Director
    131 Concord Street
    Brooklyn, NY 11201
    Email: creem@pioneeracquisition.com

    The MIL Network –